EX-10.9
from 10-K
4 pages
On Behalf of Invensense, Inc. (“Invensense” or the “Company”), We Are Pleased to Offer You Full-Time Employment as Vice President, Chief Financial Officer, Reporting to Behrooz Abdi. as Such, You Will Be Responsible, Along With the Rest of the Company’s Employees, for the Successful Execution of the Company’s Business Needs. Compensation and Benefits You Are Being Offered a Cash Compensation Package of Up to $400,000 Per Annum and Equity Compensation of Up to $1,312,500 Per Year That Is Made Up of the Following Elements: A—base Salary $ 300,000 B—executive Bonus (Approximate Target of Up to 33% of Base Salary) $ 100,000 C—annualized Rsu Value (Estimated) $ 562,500 D—annualized Stock Option Value (Estimated) $ 750,000 A. Base Salary – Will Be $300,000 Per Annum, Paid Twice Monthly on the 7th and 22nd of Each Month
12/34/56