Promotion Letter for Bora Chung to Chief Experience Officer at Bill.com

Contract Categories: Human Resources › Compensation Agreements
Summary

This letter from Bill.com confirms Bora Chung's promotion to Chief Experience Officer, effective September 8, 2020. The new compensation includes a base salary of $350,000 and a bonus of $192,500, with changes reflected in the October 15, 2020 payroll. Bora is asked to keep compensation details confidential. The letter is signed by CEO René Lacerte.

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EX-10.1 2 bill-ex101_115.htm EX-10.1 bill-ex101_115.htm

 

 

 

 

Exhibit 10.1

 

 

 

PERSONAL AND CONFIDENTIAL

 

 

 

September 29, 2020

 

 

Bora Chung

 

 

RE: Promotion

 

 

Dear Bora,

 

Congratulations on your promotion! Thank you for your dedication and commitment to Bill.com. We trust you will continue to make important contributions in fulfilling Bill.com’s vision and success.

 

This letter confirms the terms of your promotion that will be effective on September 8, 2020 and will be reflected in the October 15, 2020 payroll cycle. We request you to keep all compensation related matters confidential.

 

New Title: Chief Experience Officer-CXO

New Base Salary: $350,000.00

New Bonus: $192,500.00

 

 

Please feel free to contact me if you have any questions about the contents of this letter.

 

Sincerely,

 

 

 

 

/s/ René Lacerte

CEO