Description
EX-10.44 4 d411764dex1044.htm RELOCATION BENEFITS AGREED TO BE PROVIDED TO MICHAEL PUNG DURING FISCAL 2012 Relocation benefits agreed to be provided to Michael Pung during fiscal 2012
EXHIBIT 10.44
Relocation Support Package
Michael Pung
| Term | Description | |
| Role: | EVP-Chief Financial Officer | |
| Relocation: | From Minneapolis, MN to San Jose, CA | |
| Timing: | August — October, 2012 | |
| Support Package: | Reimbursement or direct payment for the following items in accordance with established FICO relocation policy: | |
| • Existing home sale closing costs and customary fees; • Home sale incentive of $55,000; • House hunting trips as needed; • Transportation of household goods; • Storage of household goods for up to 90 days; • Reasonable travel costs to new location; • Temporary living for up to 120 days at new location; • New home closing costs and customary fees; • Tax gross-up for income, excluding Home sale incentive, resulting from reimbursement or payment of relocation expenses).
Estimated total relocation expense, including gross-up: $200K | ||
