Document:

Summary Compensation Arrangements

 Exhibit 10.64 
 Summary Compensation Arrangements 
 for 
 Named Executive Officers, the Chief Financial Officer and Directors 
 Named Executive
Officers and Chief Financial Officer 
 This summary sheet reports base salaries and certain other compensation for (1) the
current executive officers of Spansion Inc. (the “Company”) who were named in the Summary Compensation Table in the Company’s Registration Statement on Form S-1/A filed with the Securities and Exchange Commission on December 15,
2005 (the “Named Executive Officers”) and (2) our Chief Financial Officer, who is not currently a Named Executive Officer. 
  

				
	 Name(1)
	  	Base Salary(2)
	 Bertrand F. Cambou(3)
 Chief Executive Officer and President
	  	$	675,000
	 James E. Doran
 Chief Operating Officer
	  	$	425,000
	 Thomas T. Eby(3)
 Executive Vice President and Chief Marketing and Sales Officer
	  	$	388,241
	 Amir Mashkoori
 Executive Vice President, Wireless Solutions Division
	  	$	383,836
	 Sylvia Summers
 Executive Vice President, Embedded Memory Division
	  	$	389,199
	 Dario Sacomani(4)
 Executive Vice President and Chief Executive Officer
	  	$	375,000

	(1)	The Company has entered into change of control and severance agreements with each of the above Named Executive Officers, the form of which is included as Exhibit 10.46 to the
Company’s Amendment No. 4 to Form S-1 Registration Statement (No. 333-124041). 

	(2)	Base salaries will go into effect on March 27, 2006. 

	(3)	The Company has previously extended letters of employment to Bertrand F. Cambou and Thomas T. Eby, which were filed as Exhibits 10.52 and 10.53 to the Company’s Amendment
No. 4 to Form S-1 Registration Statement (No. 333-124041). 

	(4)	The Company extended a letter of employment to Dario Sacomani, which is being filed as Exhibit 10.    to the Annual Report on Form 10-K to which this exhibit is
attached. 

 Incentive Compensation. Dr. Cambou is eligible to receive a cash bonus award with a target of 125% of his
annual base salary and a maximum payout of 250% of his annual base salary. He is also eligible to receive a long term bonus award with a target value of 30% of his annual base salary and maximum value of 60% of his base salary. Each other Named
Executive Officer, as well as Mr. Sacomani, is eligible to receive a cash bonus award with a target of 60% of such person’s annual base salary and a maximum payout of 120% of such person’s annual base salary; and a long term bonus
award with a target value of 30% of such person’s annual base salary and maximum value of up to 60% of such person’s base salary. 
 Additional Compensation. Dr. Cambou receives (i) a monthly car allowance in the amount of $2,000, (ii) reimbursement of up to $25,000 per year for financial and estate planning, (iii) reimbursement of up to $1,200 for an
annual physical examination the first time he utilizes this benefit, and up to $800 each subsequent year he utilizes the benefit, and (iv) reimbursement of up to $10,000 per year for home security. 
 Each other Named Executive Officer and Mr. Sacomani receive (i) a monthly car allowance in the amount of $2,000, (ii) reimbursement of up
to $6,000 per year for financial and estate planning, and (iii) reimbursement of up to $1,200 for an annual physical examination the first time such person utilizes this benefit, and up to $800 each subsequent year such person utilizes the
benefit. 

 Directors 
 The Company’s non-employee independent directors are paid a $60,000 annual retainer. In addition, our non-employee independent director that chairs our audit committee is paid an additional $15,000 annual
retainer and our non-employee independent director that chairs our compensation committee is paid an additional $7,500 annual retainer. If in any calendar year a non-employee independent director is required to and does attend more than eight
meetings of our board, such director will be paid $2,000 for each board meeting attended in excess of eight. In addition, if in any calendar year a non-employee independent director is required to and does attend more than twelve meetings of a board
committee on which he or she serves, such director shall receive $2,000 per board committee meeting in excess of twelve. Each non-employee independent director has received an initial stock option award exercisable for 20,000 shares of our common
stock and a restricted stock award exercisable for 20,000 of our restricted stock units and shall receive an annual stock option award exercisable for 10,000 shares of our common stock and an annual restricted stock award for 10,000 of our
restricted stock units for each year of continued service. We may reimburse directors and, in some circumstances, spouses who accompany directors, for travel, lodging and related expenses they incur in attending board of director and committee
meetings.Employment Offer Letter

 Exhibit 10.65 
 February 9, 2006 
 Dario Sacomani 
 Dear Dario, 
 We are pleased to extend to you this offer of employment to join Spansion LLC (Spansion) in our Sunnyvale, CA office in the position of Executive Vice President and Chief Financial Officer reporting to Bertrand
Cambou. Your initial annual base salary will be $375,000.08 per year to be paid to you bi-weekly. 
 You will be eligible to participate in Spansion’s
Vice President Incentive Plan, pursuant to the terms and conditions of that plan. The plan has a target payout of 60% of base pay. For fiscal year 2006, you will receive one half ($112,500) of the target amount in the form of a sign-on bonus to be
paid pursuant to the terms and conditions of the enclosed Sign-On Bonus Agreement. You will receive the remainder of the target amount in 2nd Quarter 2007, under the terms of the plan, which include being employed with Spansion at the time of payout. 
 You will also be
eligible to participate in the Vice President Long-Term incentive Plan, pursuant to the terms and conditions of that plan. This plan is based on rolling three-year sales growth relative to external benchmarks and ROIC. The target payout under this
plan is 30% of base pay. 
 Further, subject to the approval of our Board of Directors, you will be granted an option to purchase 125,000 shares of Spansion
Inc. common stock at an exercise price equal to the closing price of the stock on the date of the grant. For this initial grant, shares will vest over a 4-year period. Twenty-five percent of the grant will vest on the one year anniversary of the
grant date, and the remainder of it will vest quarterly thereafter over the following three years, in approximately equal installments (assuming continuous active service). 
 To assist you with your relocation, Spansion is offering you relocation benefits, in accordance with its relocation policy, including the enclosed Relocation Expenses Agreement. 
 We understand you would like to enter into a Change of Control (COC) Agreement with Spansion. These arrangements are subject to the approval of our Board of Directors,
and we will present this matter to the Board for its approval at its next scheduled meeting. I am enclosing a copy of the COC Agreement for your review. 
 Spansion will make available to you a comprehensive benefits program with executive perquisites including, medical, dental, and life and disability coverage. In addition, you will be eligible to participate in the 401(k) retirement savings
plan with matching contributions; the cash and deferred profit sharing plans; and an executive investment account plan under which you can defer up to 50% of salary and 100% of executive bonuses. Other benefits will include a paid sabbatical after
seven years of employment and a $2,000 monthly automobile allowance. Additionally, you will be reimbursed for an annual physical (up to $1,200 for the 1st year, up to $800 every year thereafter) and for financial planning (up to $6,000 per year). Brochures describing some of these benefits are enclosed. 
 This offer will remain open until February 16, 2006, and is contingent upon completing the application and meeting the conditions listed below. Please take
caution to protect your current employment until ALL of these conditions have been met. 
 Initial: DS 

 February 9, 2006 
 Dario Sacomani 
 Page 2 
  

	 	•	 	You must successfully pass a background investigation to be performed by our Security Investigations Department. 

  

	 	•	 	If applicable, your employment at Spansion is contingent on Spansion successfully obtaining an export license for you in accordance with BXA export license regulations.

 In accordance with the requirements of the Immigration Reform and Control Act of 1986, you will be required to provide Spansion with
documents to verify your identity and your legal right to work in the United States. You must present this documentation on your first day of employment. Enclosed is a list of documents you may present for this verification. 
 If this offer is agreeable to you, please accept it by initialing page one of this letter, signing your name below and returning the original signed and dated document
to me in the enclosed envelope. If we have not yet negotiated a start date, please call me immediately to discuss this. 
 Further, you must also sign and
date the enclosed Sign-On Bonus Agreement and Relocation Expenses Agreement, and return the executed originals of the agreements to me, along with the original of this executed offer and acceptance letter. 
 We look forward to having you as a member of our team and feel our association will be mutually rewarding. The dedication, creative drive and loyalty of our employees
have enabled us to impact the world through our technological advances in the microelectronics field. We are confident that you possess these qualities and that your contributions to AMD will be significant. 
 If you have any questions, please feel free to contact me. 
 Sincerely, 
 /s/ Rachel Sanchez-Parodi 
 Rachel Sanchez-Parodi 
 Spansion Corporate Staffing 
 Cc: Bertrand Cambou 
  

 I am pleased to accept Spansion’s offer of employment as outlined above and in the enclosed document(s). 
  

			
	 /s/ Dario Sacomani                
	 	2/28/06
	 Signature
	 	Date
		
	2/28/06	 	
	Start Date

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