2008 COMPENSATION SURVEY

The 2008 Compensation Survey is underway and results will be ready on December 19, 2008. The Survey benchmarks salaries, stock options, benefits and other relevant data for Pre IPO Fabless Semiconductor, Venture Capital Funded Start Ups. This unique tool enables you to remain competitive and effectively manage compensation from early stages of product development to production ramp up and early revenue stages. The link to Organizational Development is clearly articulated on the Executive Summary making the data more meaningful to Founders and start up Executives.

Five Venture Capital Firms sponsor the Survey on behalf of their portfolio companies. They are Crosslink Capital, NEA, Tallwood Venture Capital, USVP and Walden International. If your company is funded by any of these firms, there is no cost to you.

If you wish to participate and your investors are not sponsors, please contact Cecilia Hayes and participate at a $1000 rate. The Survey data collection period is between October 20, 2008 and November 30, 2008. You may sign up any time during that period. Results are available December 19, 2008.

CONSULTING

Custom development of compensation guidelines including base salary, stock options, bonuses and sales commissions.

Guidelines are based on in depth understanding of corporate objectives, compensation philosophy, headcount planning, budgets, and employee stock option pool. Guidelines are developed with management to accurately reflect and represent intended objectives.

TRAINING

Compensation Linked To Performance

The Performance and Compensation Management Strategies workshop provides thoughtful insight and experience to review key strategies executives of Private fabless companies can use in their own companies. This session is specifically designed for Senior Executives and Department Managers of Start Ups through IPO.

This is a customized workshop based on company specific compensation philosophy, financial resources, and employee stock option pool available. The workshop includes at the following basic aspects of compensation management:

• Compensation Philosophy: Why You Do What You Do?
• Compensation and Reward Elements: Base Salary, Bonuses, Stock Options, Benefits, Sales Commissions
• Surveys and Benchmarks: How to interpret and how to use
• New Offers: How to succeed formulating the offer that will be accepted within the guidelines?
• Salary Reviews: Philosophy, purpose and process
• Stock Options Grants Post Hire Review: Philosophy, purpose and process
• Communication: How to Talk Money, challenges, and process

Companies may include other material depending on objectives and maturity of the management team.

Cecilia@ceciliahayes.com

Cell Phone: 650-380-4622