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AMENDMENT NUMBER ONE CADENCE DESIGN SYSTEMS, INC. 2009 DEFERRED COMPENSATION PLAN

Executive Compensation Plan Agreement

AMENDMENT NUMBER ONE CADENCE DESIGN SYSTEMS, INC. 2009 DEFERRED COMPENSATION PLAN | Document Parties: CADENCE DESIGN SYSTEMS INC You are currently viewing:
This Executive Compensation Plan Agreement involves

CADENCE DESIGN SYSTEMS INC

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Title: AMENDMENT NUMBER ONE CADENCE DESIGN SYSTEMS, INC. 2009 DEFERRED COMPENSATION PLAN
Date: 3/2/2009
Industry: Software and Programming     Sector: Technology

AMENDMENT NUMBER ONE CADENCE DESIGN SYSTEMS, INC. 2009 DEFERRED COMPENSATION PLAN, Parties: cadence design systems inc
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Exhibit 10.14

AMENDMENT NUMBER ONE
CADENCE DESIGN SYSTEMS, INC.
2009 DEFERRED COMPENSATION PLAN

     The Cadence Design Systems, Inc. 2009 Deferred Compensation Plan shall be amended as follows, effective January 1, 2009.

     1. The references in Sections 3.2(a) and 3.2(c) to “monthly” installment distributions shall be changed to “annual” installment distributions.

     2. The fourth sentence of Section 3.2(e) shall be revised to read as follows:

     Subsequent installments, if any, shall be made the following January and each January thereafter.

     IN WITNESS WHEREOF, this instrument of amendment is executed this 29th day of July, 2008.

 

 

 

 

 

 

 

 

 

/s/ James J. Cowie  

 

 

James J. Cowie  

 

 

Sr. Vice President, General Counsel and Secretary 

 

 

 


 

AMENDMENT NUMBER TWO
CADENCE DESIGN SYSTEMS, INC.
2009 DEFERRED COMPENSATION PLAN

     The Cadence Design Systems, Inc. 2009 Deferred Compensation Plan shall be amended as follows, effective January 1, 2009:

     1. Section 1.1 shall be revised by adding the following to the end thereof:

     Employer shall maintain separate Accounts for an Employee who is participating in the Plan and experienced a change in employment status ( i.e. , from employee to Non-Employee Director or vice versa ) such that Employee will have a Non-Employee Director Account and an employee Account.

     2. A new Section 2.2 shall be added to read as follows:

     2.2 Change in Status . A participating Employee who experiences a change in employment status ( i.e. , from employee to Non-Employee Director or vice versa ) shall be considered newly eligible to participate in the Plan in his or her new capacity for all purposes hereunder, including for purposes of making the elections pursuant to Sections 3.3 and 3.4 hereof, provided that the e


 
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