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Agreement#: AG-575541
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2006 Key Employee Incentive Plan:

Effective Date: 2006
Parties:

Actel

Sectors: Electronics and Miscellaneous Technology
Exhibit 10.17 2006 Key Employee Incentive Plan:
Executive Bonus Target: Functional VP Target: 40% of Base Salary at Plan Corporate VP Target: 60% of Base Salary at Plan CEO Bonus Target: 90% of Base Salary at Plan Payout Variables: The bonus payout will be based on two variables reflecting corporate financial performance: " non-GAAP Revenue" and " non-GAAP Profit Before Tax" . " Non-GAAP Revenue" and " non-GAAP PBT" are as defined by the annual operating plan. Extraordinary events affecting financial performance will be discussed with the Compensation Committee before determining the financial performance used in the Incentive Plan Calculations. Bonus Pool Weighting Factor Revenue 50% Profit Before Tax 50% The bonus pool for Executives is then multiplied times the Relative Performance Factor. Relative Performance Factor Calculation Actel Percentage Revenue Growth vs. Percentage Revenue Growth of Altera, Xilinx, Lattice, and Quick Logic Bonus Factor Better than none of the four .8 Better than one of the four .9 Better than two of the four 1.0 Better than three of the four 1.1 Better than all four 1.2


CEO Discretionary Factor After weighting the bonus award the CEO has the discretion to modify the bonus to reflect the Executive' s individual performance. Threshold for Payout No bonuses shall be paid if the threshold for PBT (75% of plan) is not met. Executives must be employed on the date of bonus payment to be eligible for the Incentive Bo ...

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