8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): March 1, 2007

Broadcom Corporation
__________________________________________
(Exact name of registrant as specified in its charter)

California	000-23993	33-0480482
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
16215 Alton Parkway, Irvine, California		92618
_________________________________ (Address of principal executive offices)		___________ (Zip Code)

Registrant’s telephone number, including area code: (949) 926-5000

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) On March 1, 2007 the Compensation Committee of the Board of Directors of Broadcom Corporation established the annual base salaries of certain executive officers listed on Exhibit 10.1 hereto (the "Applicable Executive Officers"). The 2007 base salaries for the Applicable Executive Officers will become effective [April 1, 2007] and are listed in Exhibit 10.1 to this report and incorporated herein by reference.

In addition, on March 1, 2007 the Compensation Committee voted to award a cash bonus to each of the Applicable Executive Officers under the company’s 2006 Performance Bonus Plan. The bonuses for the Applicable Executive Officers are listed in Exhibit 10.1 to this report and are incorporated herein by reference. Such bonuses will be distributed on or before March 31, 2007.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

10.1 2006 Bonuses & 2007 Base Salaries of Certain Executive Officers.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Broadcom Corporation
March 7, 2007	By:	Bruce E. Kiddoo
		Name: Bruce E. Kiddoo
		Title: Vice President, Corporate Controller and Acting Chief Financial Officer

Exhibit Index

Exhibit No.	Description
10.1	2006 Bonuses & 2007 Base Salaries of Certain Executive Officers

EX-10.1

EXHIBIT 10.1

2006 Bonuses & 2007 Base Salaries for Certain Executive Officers

Name and Principal Position(s) 1	2006 Bonus		2007 Base Salary
Scott A. McGregor President and Chief Executive Officer	$	240,000	$	650,000
David A. Dull Senior Vice President, Business Affairs, General Counsel and Secretary		100,000		300,000
Bruce E. Kiddoo Vice President, Corporate Controller and Acting Chief Financial Officer		100,000		265,000
Thomas F. Laggata Senior Vice President, Worldwide Sales		100,000		285,000
Vahid Manian Senior Vice President, Global Manufacturing Operations		100,000		300,000

¹ The Compensation Committee did not establish the base salary for the Chairman of the Board and Chief Technical Officer of the company, Dr. Henry Samueli, whose annual base salary will remain at the nominal level of $1.00 for 2007, in accordance with his voluntary agreement to maintain his base salary at that amount. In addition, Dr. Samueli voluntarily did not participate in the 2006 Performance Bonus Plan.