Fortinet, Inc. Promotional Letter for Interim CFO Position with Nancy Bush, Effective September 26, 2012

Summary

Fortinet, Inc. has promoted Nancy Bush to the position of Interim Chief Financial Officer, effective September 26, 2012. Her annual base salary will increase from $225,000 to $260,000, effective October 1, 2012. All other terms of her employment remain unchanged. The letter, signed by CEO Ken Xie and accepted by Nancy Bush, formalizes the promotion and salary adjustment as recognition of her performance.

EX-10.1 2 fortinet_2012093010-qex101.htm PROMOTIONAL LETTER, DATED SEPTEMBER 26, 2012, BY AND BETWEEN THE COMPANY AND NANCY BUSH Fortinet_20120930)10-Q Ex10.1


September 26, 2012

Nancy Bush

Dear Nancy:
We are pleased to extend the promotion to you for the position of Interim Chief Finanical Officer (CFO) for Fortinet, Inc. (“Company”) reporting to Ken Xie, President and Chief Executive Officer (CEO), effective September 26, 2012. We are excited about the opportunity of working with you in this new capacity.
Current Annual Base Salary:
$ 225,000 USD
New Annual Base Salary:
$ 260,000 USD

Your new compensation will be effective October 1, 2012 and reflected in your October 15th, 2012 pay.
These provisions expressly supersede any previous representations, oral or written. All other terms of your employment with the Company remain the same.
This is a reward and recognition from the Fortinet management team for your good performance and contributions to the company. On behalf of Fortinet management team, we would like to congratulate you on your promotion and look forward to your continued success in your new role.
If you have any questions regarding this changes or the Company, please call Amanda Mallow at ###-###-####. Let's continue to work together to make Fortinet a great place to work!

Nancy Bush

/s/ Nancy Bush


ACCEPTED AND AGREED:

Date: 9/27/2012 
Sincerely,
Fortinet, Inc.

/s/ Ken Xie 
Ken Xie
Chief Executive Officer,
Fortinet, Inc.