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TSRA > SEC Filings for TSRA > Form 8-K on 8-Mar-2013All Recent SEC Filings

Show all filings for TESSERA TECHNOLOGIES INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for TESSERA TECHNOLOGIES INC


8-Mar-2013

Change in Directors or Principal Officers


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

(e) On March 5, 2013, the Compensation Committee of the Board of Directors of Tessera Technologies, Inc. (the "Company") approved the payment of a special bonus in the amount of $100,000 to Bernard J. Cassidy for services performed during 2012 in his capacity as Executive Vice President and General Counsel of the Company. The special bonus was awarded to Mr. Cassidy for his role in achieving the following accomplishments: (1) interim award issued by the International Court of Arbitration of the International Chamber of Commerce on July 6, 2012, in favor of the Company in its dispute with Amkor Technology, Inc.
("Amkor") and the initial payment of approximately $19.9 million from Amkor; (2) execution of new eight-year patent license agreements by subsidiaries of the Company with SK hynix Inc.; and (3) execution of a settlement agreement with Spansion Inc.


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