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This excerpt taken from the MRVL 8-K filed Dec 19, 2008. Approval of Equity Grant for Chief Financial Officer In connection with its approval of a broad-based focal grant to the Companys employees, the Committee approved the grant to Clyde R. Hosein, the Companys Chief Financial Officer, Interim Chief Operating Officer and Secretary, of a time-based option to purchase 100,000 common shares, with 25% of the shares to vest on each one-year anniversary of the December 15, 2008 vesting period commencement date. The option has a term of 10 years.
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