EX-10.22
from 10-K
5 pages
Mattel Hq, Inc. (The “Company”) Would Like to Outline the Terms Surrounding Your Transfer to Mattel Headquarters in El Segundo, California From Mexico City, Mexico in the Position of Executive Vice President (“Evp”) and Chief Supply Chain Officer, With a Transfer Date of February 1, 2020 (“Effective Date”). for Purposes of This Letter, “Company” Will Refer to Mattel Hq, Inc., or Any Entity Within the Mattel Family of Companies That May Later Become Your Employer. for Purposes of Seniority, the Company Will Recognize an Employment Start Date of December 1, 2007. Salary Your Annualized Base Salary Will Continue as Usd $575,000, Payable on a Bi-Weekly Basis, Less Applicable Federal and State Taxes and Other Required Withholdings. Bonus - Mattel Incentive Plan You Will Continue to Be Eligible to Participate in the Mattel Incentive Plan (“Mip”) at a Target of 65% of Your Eligible Earnings, Up to a Maximum of 130%. Stock – Annual Equity Grant
12/34/56