Offer letter of Dietmar Dold dated October 24, 2024
October 24rd, 2024
Dietmar Dold
Berbiceweg 10
CH-8212 Neuhausen am Rheinfall
RE: Executive Offer for Chief Operating Officer Position
Dear Dietmar:
With great pleasure, we'd like to officially offer you the Chief Operating Officer (COO) of DIH Group (including DIH Holding US and all operating entities that are and to be consolidated under DIH Holding), as well as acting as Site Leader for employees at Hocoma Medical GmbH and Hocoma AG.
In this senior executive leadership position, you'll be a member of Corporate Executive Board (CEB), and reporting to the CEO & Chairman, with initial roles & responsibilities that defined in #1. This offer also outlines the terms and conditions of your employment, which we believe reflect a rewarding partnership.
As COO, with overall responsibility to define, lead, and execute group-wide operating strategy aligning to our Corporate Strategy and enable sustainable growth of our businesses, you are expected, not limited, to lead the following key operational initiatives:
As Site Leader, you're expected to provide leadership supports to all functions & employees of Hocoma Medical GmbH and Hocoma AG; and collaborate with other Officers of the Group to establish One Global Company culture to achieve Site related objectives & initiatives. You are expected to take on this Site Leader role from Patrick Bruno on 1 January 2025, details to be worked out as part of transition with Patrick.
Your start date is expected to be November 1,2024.
Your annual compensation includes:
of your base salary, with pay-out subject to individual and company performance that will be defined & agreed as part of the Group's Annual Goals & Performance process.
As part of the DIH executive team, you will receive a comprehensive benefits package that includes:
Your primary place of work will be based in Volketswil, Switzerland with the expectation of travel as needed to DIH's operations globally, particularly to locations in Europe and the US.
As COO, you will be entrusted with highly confidential information regarding DIH's operations. Therefore, you will be required to sign the attached Confidentiality Agreement as a condition of your employment.
The first three (3) months from the start of the contract are deemed to be a probationary period during which the employment relationship may be terminated at any time by either party with a written notice period of seven (7) days. At the end of the probationary period, the employment relationship may be terminated on both sides with a six (6) month written notice period that takes effect at the end of the month.
There is no entitlement to a severance payment with observance of Notice Period.
While this offer is contingent upon the successful completion of reference checks and a background check that we expect to receive from you, please confirm your acceptance of this offer by signing and returning this letter by October 25th,2024. We are excited about the immense value you will bring to DIH and look forward to a successful partnership as we embark on our growth journey together.
If you have any questions regarding the terms of this offer, please feel free to contact me directly at ***@*** or Ying at ***@***.
We believe that your leadership will play a key role in transforming DIH into a global leader in rehabilitation technologies, delivering significant value to our customers, patients, and stakeholders.
Warm regards,
/S/ Jason Chen
Jason Chen
Chief Executive Officer DIH Group
Acknowledgment and Acceptance
I, Dietmar Dold, accept the terms and conditions outlined in this offer letter for the position of Chief Operating Officer at DIH Group.
Signature /s/ Dietmar Dold
Dietmar Dold
Date: October 24, 2024