EX-10.29
from 10-K
1 page
I’d Like to Extend My Heartfelt Congratulations on Your Promotion to Chief Financial Officer Effective January 20, 2023. I Have Strong Confidence in Your Ability to Step Into This Role and Lead the Organization as We Enter the Next Chapter in the Company’s Journey. You Will Report Directly to Me and Your Primary Work Location Will Remain in Austin, Tx. Below Are the Details of Your New Compensation Package Which Will Be Effective January 20, 2023. New Job Title: Chief Financial Officer New Grade Level: Ex1 – Executive Vice President New Annual Base Salary: $600,000 New Bonus Target: 100% of Annual Base Salary •your FY24 Actual Bonus Payout Will Be Determined 100% on Company Performance, Subject to Approval by the Executive Compensation Committee of the Board of Directors, and No Longer Has an Individual Performance Weighting Component. Promotion Equity Grant: $3,000,000
12/34/56