Letter Amending Employment Agreement between ExOne GmbH and Rainer Höchsmann
This letter from ExOne GmbH to Rainer Höchsmann amends his employment agreement, effective January 1, 2012. It increases his gross salary to €18,560, awards a special gross payment of €50,000 for past performance, and sets his future annual bonus at €2,288, which will be allocated to his pension plan. The letter recognizes Mr. Höchsmann's excellent work and outlines the updated compensation terms.
Exhibit 10.6
Mr.
Rainer Höchsmann
- In house -
Augsburg, March 9, 2012
Dear Mr. Höchsmann
We are pleased to inform you that, effective Jan. 1, 2012, your gross salary is being increased by €3,976.00 and thus amounts to
€18,560.00
In recognition of your excellent performance, we wish to share the past year’s results with you by means of a special payment in the amount of €50,000 gross.
-2147.32
In the future, your annual bonus will amount to €2,288.00. This amount will be used for the pension plan in the amount of €2,174.43.
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| We look forward to continued excellent collaboration. | To be paid out later |
Best regards,
ExOne GmbH
By proxy Köhl
By proxy Rebecca Köhl
Director of Business Administration
[Letterhead information]
