Salary Raise Letter between Apache and Shen Lin dated February 1, 2008
This letter from Apache, signed by CEO Andrew Yang, notifies Shen Lin of a salary increase effective February 1, 2008. Shen Lin's annual base salary is raised by $5,000, or 3.85%, bringing the new total to $135,000. The letter acknowledges Shen Lin's contributions to the company and confirms the new salary amount.
Exhibit 10.20
February 1, 2008
Shen Lin
Dear Shen,
In recognition of your continued and valued contributions to Apache, I am pleased to inform you that effective February 1, 2008, your annualized base salary has been increased by an amount of 5,000.00 USD or 3.85%. Your new base salary is 135,000.00 USD.
All Apache employees are part of the momentum being created in 2008, and I would like to thank you for your continuing contributions to the company, and our team.
/s/ Andrew Yang |
Andrew Yang |
CEO |
/s/ Shen Lin |
Shen Lin |