MRVL » Topics » Agreements with the Named Executive Officers

This excerpt taken from the MRVL DEF 14A filed Sep 14, 2007.

Agreements with the Named Executive Officers

At this time, we do not have any employment, change-in-control or severance agreements or arrangements for our named executive officers. Each of our executive officers serves at the discretion of our board of directors. This enables us to terminate their employment with flexibility as to the terms of any severance arrangement. For example, no severance was paid to our former Vice President of Finance and Chief Financial Officer upon his termination in our 2008 fiscal year.

This excerpt taken from the MRVL 10-K filed Jul 2, 2007.

Agreements with the Named Executive Officers

At this time, we do not have any employment, change in control or severance agreements or arrangements for our named executive officers. Each of our executive officers serves at the discretion of our board of directors. This enables us to terminate their employment with flexibility as to the terms of any severance arrangement. For example, no severance was paid to our former Vice President of Finance and Chief Financial Officer upon his termination in our 2008 fiscal year.

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