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DOCUMENT TITLE:
TRIDENT MICROSYSTEMS, INC. EXECUTIVE RETENTION AND SEVERANCE PLAN
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ACTIONS:
Here are the clause headings in the document. To view the clause, click the clause heading.To view the full document, click the "View Document" button.
Clause Heading
1.1 - Establishment.
1.2 - Purpose.
2 - Definitions and Construction
3 - Eligibility
4.1 - Acceleration of Vesting Upon Non-Assumption of Service-Based Equity Awards.
4.2 - Acceleration of Vesting of Performance-Based Equity Awards.
5 - Termination Upon a Change in Control
5.1 - Accrued Obligations.
5.2 - Severance Benefits.
(a) - Salary and Bonus.
(b) - Health and Life Insurance Benefits.
(c) - Acceleration of Vesting of Equity Awards.
5.3 - Indemnification; Insurance.
(a) - Treatment of Excess Parachute Payments.
(b) - Determination of Amounts.
6.2 - Compliance with Section 409A.
(a) - Separation from Service.
(b) - Six-Month Delay Applicable to Specified Employees.
(c) - Limitation on Health and Life Insurance Benefits.
(d) - Equity Awards.
7.1 - Effect of Plan.
7.2 - Noncumulation of Benefits.
8 - Exclusive Remedy
9 - Proprietary and Confidential Information
10 - Nonsolicitation
11 - No Contract of Employment
12.1 - ERISA Plan.
12.2 - Application for Benefits.
12.3 - Appeal of Denial of Claim.
13.1 - Disputes Subject to Arbitration.
13.2 - Site of Arbitration.
13.3 - Costs and Expenses Borne by Company.
14.1 - Successors of the Company.
14.2 - Acknowledgment by Company.
14.3 - Heirs and Representatives of Participant.
15.1 - General.
15.2 - Notice of Termination.
16 - Termination and Amendment of Plan
17.1 - Administration.
17.2 - Unfunded Obligation.
17.3 - No Duty to Mitigate; Obligations of Company.
17.4 - No Representations.
17.5 - Waiver.
17.6 - Choice of Law.
17.7 - Validity.
17.8 - Benefits Not Assignable.
17.9 - Tax Withholding.
17.10 - Consultation with Legal and Financial Advisors.
17.11 - Further Assurances.
18 - Agreement
B - Employee and the Company entered into an Agreement to Participate in the Trident Microsystems, Inc.
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