EX-10.3
from 10-Q
2 pages
May 9, 2022 To: Mo Katibeh Re: Supplemental Letter Dear Mo, This Letter Supplements Your Employment Offer Letter, as Amended and Supplemented (“Offer Letter”). the Terms of Your Offer Letter Shall Be Amended as Follows, Effective May 9, 2022. 1. Salary. Your New Gross Annual Base Salary Shall Be $600,000 Per Year, Subject to Standard Withholding and Deductions and Paid in Accordance With the Company’s Standard Payroll Policies. 2. Bonus
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EX-10.12
from 10-K
3 pages
June 21st, 2016 To: Vaibhav Agarwal 7 Breaker Lane Redwood City, Ca 94065 Re: Offer Letter Dear Vaibhav, It Is My Pleasure to Offer You a Full-Time Exempt Position With Ringcentral, Inc., a Delaware Corporation (The “Company” or “Ringcentral”), as Vp & Corporate Controller, Reporting to Mitesh Dhruv, Svp of Finance & Strategy. Your Starting On-Target Cash Compensation Plan Will Be $286,000 Composed as Follows: •salary. Annual Gross Base Salary of $ $220,000 Per Year (Subject to Standard Withholding and Payroll Deductions), Payable Semi-Monthly in Accordance With the Company’s Payroll Policies. •mbo Performance Bonus. ◦on a Quarterly Basis, You Shall Be Eligible to Receive a Management-By-Objective (Mbo) Bonus in the Target Gross Amount of Up to 30% of Your Base Salary (Up to $ 66,000 Per Year). ◦on or About the 15th Day of Each Applicable Quarterly Review Period, You and the Company Will Meet, Confer and Mutually Agree in Writing on Your Individual Quarterly Mbo Performance Milestone(s)
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