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News Release by BROADCOM ($BRCM) - Restricted Stock Units Incentive Award Program

On January 18, 2011, the Compensation Committee (the "Committee") of the Board of Directors of Broadcom Corporation (the "Company") adopted a Restricted Stock Units Incentive Award Program (the "Program"). Certain of the Company's executives will be designated as participants in the Program, in the sole discretion of the Committee. The Program was adopted under, and all awards and grants of the Program shall be pursuant to, the Broadcom Corporation 1998 Stock Incentive Plan, as amended and restated. The Committee has designated the first performance cycle under the Program to be January 1, 2010 through December 31, 2010.

Tags: Executive Incentive Program
2 total votes | Comments (0) | Created by steve on 2011-01-22 - Login to vote or comment!

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