Compensation Terms Agreement for Charlie Lesko, Senior Vice President, Sales and Marketing
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Summary
This agreement outlines the compensation package for Charlie Lesko as Senior Vice President, Sales and Marketing at AMIS Holdings, Inc. It specifies a base salary of $270,000, a one-time $25,000 bonus, eligibility for incentive programs with potential payouts based on performance, and stock options under the company's equity plan. Additional benefits include health insurance, a 401(k) match, and relocation assistance from California to Texas. The agreement details key financial and benefit terms for Mr. Lesko's employment.
EX-10.33 6 v17783exv10w33.txt EXHIBIT 10.33 EXHIBIT 10.33 Terms of Compensation Name: Charlie Lesko Title: Senior Vice President, Sales and Marketing Base Salary: $270,000 Bonus Plan: $25,000 one-time net hire date bonus Eligible for participation in the company's Key Manager Incentive Program and Sales Incentive Plan with combined target payout at 60% of base salary and a maximum payout of 150% of base salary Stock Options: Eligible to participate in the Amended and Restated AMIS Holdings, Inc. 2000 Equity Incentive Plan. In 2005, received stock options to purchase 40,000 shares, with an exercise price = fair market value on grant date, vesting 1/4 on the first anniversary of the grant date and an additional 1/48 monthly thereafter Health Benefits: eligible for group insurance program consisting of a hospital, surgical, major medical, life, dependent life, accidental death insurance and dental plan, and an annual executive physical 401K: company match of 50% of the employee's first 6% contribution, not to exceed 50% of the 402(g) limit Relocation: Relocation Assistance from Irvine, California to Dallas, Texas