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Inventions Agreement

Executive Employment Agreement

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This Executive Employment Agreement involves

PHOTON DYNAMICS INC | Maureen L. Lamb

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Title: Inventions Agreement
Date: 8/9/2005
Industry: SEMICO    

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exv10w48
 

EXHIBIT 10.48

 

 

 

April 29, 2005

 

As an additional incentive, subject to approval by the Board, the Company will grant you an option to buy 80,000 shares of Photon Dynamics, Inc. Common Stock, with an exercise price equal to the fair market value on the date of the grant as determined by the Board (the “Option”). The Option will vest over a 48–mon

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