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JJdivini

05/15/09 2:53 PM

#112 RE: Value_Investor #109

15-May-2009; Form 8-K for SILICON GRAPHICS INC. (SGICQ)

15-May-2009

Change in Directors or Principal Officers;

Item 5.02. Departure of Directors or Certain Officers; Election of Directors;

Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 11, 2009, Mr. Barry Weinert was appointed Chief Restructuring Officer of Silicon Graphics, Inc. (the "Company"). In his capacity as Chief Restructuring Officer, Mr. Weinert will, among other things, assist the Company in the administration of its Chapter 11 bankruptcy case and in the preparation, confirmation and consummation of a Chapter 11 plan of reorganization.

Mr. Weinert, age 55, previously served as the Company's Vice President and General Counsel from January 2006 until January 2009. He joined the Company in May 1995 as Commercial Counsel and served as the Associate General Counsel from March 2001 until January 2006.

Mr. Weinert's engagement agreement with the Company provides for compensation in the amount of $35,000 per month until July 10, 2009, $30,000 per month until September 10, 2009 and $25,000 per month until November 10, 2009 as well as reimbursement of reasonable business expenses. Mr. Weinert's compensation remains subject to approval by the United States Bankruptcy Court for the Southern District of New York. Mr. Weinert has been engaged to provide restructuring services until the earlier of November 10, 2009 or the final liquidation and dissolution of the Company.