Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
SIMG > SEC Filings for SIMG > Form 8-K on 2-Apr-2009All Recent SEC Filings

Show all filings for SILICON IMAGE INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for SILICON IMAGE INC


2-Apr-2009

Entry into a Material Definitive Agreement, Change in Directors or Principal Of


Item 1.01. Entry into a Material Definitive Agreement.

As previously disclosed by Silicon Image, Inc. (the "Registrant") in a Current Report on Form 8-K filed with the Commission on March 20, 2009, the employment of Paul Dal Santo, the Registrant's former Chief Operating Officer, terminated on March 31, 2009. Effective as of March 31, 2009, the Registrant entered into a Confidential Severance and General Release Agreement with Mr. Dal Santo (the "Agreement"). The Agreement provides that in exchange for a general release of all claims against the Registrant, Mr. Dal Santo will receive a payment in the gross amount of $350,000, equivalent to twelve months of Mr. Dal Santo's base salary, twelve months of career transition services at an aggregate value of up to $15,000, and twelve months of reimbursement of COBRA premiums.

The foregoing is a summary of the Agreement and does not purport to be complete. The foregoing is qualified in its entirety by reference to the Agreement, a copy of which is filed as Exhibit 99.01 to this Current Report on Form 8-K and is incorporated herein by reference.



Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

The information set forth in Item 1.01 above is incorporated herein by reference.



Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.                                                    Exhibit
            Title
99.01       Confidential Severance and General Release Agreement
            between the Registrant and Paul Dal Santo, effective March
            31, 2009


  Add SIMG to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for SIMG - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.