EX-10.1
from 8-K
2 pages
Thank You for Your Willingness to Provide a Transition From Your Employment as Chief Operating Officer of Aspen Technology, Inc. (The “Company”). This Letter Agreement Amends Your Amended and Restated Executive Retention Agreement Effective January 30, 2019 (The “Employment Agreement”). the Period From the Date Hereof Through and Including January 3, 2020 Is Defined as the “Transition Period”. Capitalized Terms Used but Not Defined in This Letter Agreement and Defined in the Employment Agreement Shall Have the Respective Meanings Ascribed to Them in the Employment Agreement. During the Transition Period, You Agree to Continue to Perform Your Obligations as Chief Operating Officer, and Your Compensation Will Continue to Consist of the Following: (A) Continued Base Salary (B) Continued Participation in Company Benefits (C) Continued Vesting of Your Outstanding Equity Awards in Addition, You Will Be Entitled to Earn the Following Compensation
12/34/56