( ESNUG 383 Item 3 ) -------------------------------------------- [11/28/01]
Subject: ( ESNUG 382 #1 ) SPC Claims No Immediate Cadence Vesting Agreement
> On the vesting schedule - It all depends on how good a negotiator the SPC
> team was. I rank them among the best, especially with hindview of what
> Prakash was able to do with Ambit. I've heard that much of the SPC
> vesting is immediate with a small kicker for staying similar of Ambit,
> at least for the executroids.
>
> - [ Msg 10166 on Yahoo CDN ]
From: Keith Mueller <keith@siperspective.com>
Hi John,
We will become "Silicon Perspective, a Cadence Company," and an independent
operating unit of Cadence located in our existing facilities. All of the
management and R&D team will remain intact -- there is no "instant vesting"
agreement as some of your readers have speculated.
- Keith Mueller, VP, Worldwide Sales
Silicon Perspective Corp. Santa Clara, CA
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