Salary Increase Letter for Dian Yang from Apache Design Solutions, Inc.
Apache Design Solutions, Inc. has notified Dian Yang of a salary increase effective January 1, 2007. Dian Yang's annual base salary will rise by $7,500, or 6.52%, bringing the new base salary to $122,500. The letter acknowledges Dian Yang's valuable contributions to the company and is signed by both the CEO, Andrew Yang, and Dian Yang.
Exhibit 10.16
Apache Design Solutions, Inc.
1098 Alta Ave. #102
Mountain View, CA. 94043
650 ###-###-####
January 1, 2007
Dian Yang
Dear Dian,
In recognition of your continued and valued contributions to Apache, I am pleased to inform you that effective January 1, 2007, your annualized base salary has been increased by an amount of 7,500.00 USD or 6.52%. Your new base salary is 122,500.00 USD.
All Apache employees are part of the momentum being created in 2007, and I would like to thank you for your continuing contributions to the company, and our team.
| /s/ Andrew Yang |
| Andrew Yang |
| CEO |
| /s/ Dian Yang |
| Dian Yang |
