**Exhibit 10.2**[**Execution Copy**]**CONFIDENTIAL SEPARATION AGREEMENT AND GENERAL RELEASE**     **THIS CONFIDENTIAL SEPARATION AGREEMENT AND GENERAL RELEASE**(the “Agreement”) is made andentered into this 31st day of August, 2007 (the “Agreement Date”), between Umesh Padval(the “Employee”) and LSI Corporation (together with its predecessors and its successors andassigns, the “Company”).W I T N E S S E T H:     **WHEREAS**, the Employee is currently employed by the Company;     **WHEREAS**, the Company and the Employee (the “Parties”) desire to set forth the terms on whichthe Employee is leaving his employment with the Company; and     **WHEREAS**, the Parties have negotiated and agreed to a final confidential settlement of theirrespective rights, obligations and liabilities;     **NOW THEREFORE**, in consideration of the promises and covenants contained in this Agreement, theParties agree as follows:     **1. ****Resignation****.**The Employee acknowledges and agrees that, effective as of August 31,2007 (the “Status Change Date”), the Employee hereby resigns all of his positions with the Company(including, but not limited to, his status as an Executive Vice President of the Company), and anyother positions (including directorships) with other entities that are affiliated with the Company,other than his position as a Technical Consultant, as described in Section 2 below. The Employeeagrees to execute any documents that may be necessary or appropriate to effect or to memorializeany resignations from the Company or its affiliates contemplated by this Agreement, including theletter of resignation in the form attached hereto as AnnexA concurrent herewith.Until the Status Change Date, the Employee shall continue to devote his skills and abilities to theCompany on a full time regular basis. Notwithstanding any of the terms of this Agreement, theEmployee remains an “at will” employee for all purposes.     **2. ****Change In Status****.**From and after the Status Change Date, all compensation andbenefits shall cease, except for those specifically listed in this Section 2. The Employee’sposition with the Company, including all compensation and eligibility for benefits (other thanpost-termination benefits specifically described herein), shall terminate on March 31, 2008 (the“Termination Date”).     **2.1****Position****.**The Employee will remain an employee of the Company until suchtime as his employment terminates on the Termination Date. The Employee’s job title, as ofthe Status Change Date, will be “Technical Consultant.” In this position, the Employeewill be required to provide technical consulting to the Company on an as-needed basis. TheEmployee’s position as Technical Consultant, and any other position with the Company, willterminate as of the Termination Date. During the Employee’s tenure as a TechnicalConsultant from the Status Change Date until the Termination Date, the Employee shall bepaid monthly salary of $15,000.00, paid every two weeks, less any and all statutorywithholding and deductions as may be required by law or as authorized by the Employee (thegross amount being the “Continuation Salary”).     **2.2****Separation Bonus; Vacation Payment****.**Within thirty(30) days of the Status Change Date, the Company agrees to pay the Employee(a) a separation bonus in an amount equal to $250,000.00, and (b) all accruedand unused vacation through the Status Change Dateless any and all statutory withholding and deductions as may berequired by law or as authorized by the Employee.Page 1 of 7