Salary Increase Letter between Apache and Yu Liu dated February 1, 2008
This letter from Apache to Yu Liu, dated February 1, 2008, notifies Yu Liu of an increase in his annual base salary by $10,000, bringing his new salary to $130,000. The letter acknowledges Yu Liu's valuable contributions to the company and confirms the raise is effective immediately. Both the CEO, Andrew Yang, and Yu Liu have signed the letter to confirm acceptance of the new salary terms.
Exhibit 10.22
February 1, 2008
Yu Liu
Dear Yu,
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 10,000.00 USD or 8.33%. Your new base salary is 130,000.00 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/ Yu Liu |
Yu Liu |