Employment Offer Letter for Burney J. Latiolais, Jr. as Executive Vice President, Global Operations

Contract Categories: Human Resources › Employment Agreements
Summary

This agreement is an employment offer to Burney J. Latiolais, Jr. for the position of Executive Vice President, Global Operations, effective October 5, 2016. It sets a base salary of $400,000 per year (including auto allowance), with eligibility for short-term incentive (STI) and long-term incentive (LTI) awards each targeted at 100% of base salary. The LTI includes annual RSU or performance grants with a three-year graded vesting schedule. The agreement confirms full-time, exempt status and notes no change to vacation. The offer was accepted by Mr. Latiolais on October 4, 2016.

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EX-10.17 4 a12312016-ex1017.htm EXHIBIT 10.17 Exhibit
Exhibit 10.17


            




EMPLOYEE:
Burney J. Latiolais, Jr.
 
 
 
 
POSITION / TITLE:
Executive Vice President, Global Operations
 
 
 
 
CLASSIFICATION:
Exempt/Full Time
 
 
 
 
EFFECTIVE DATE:
October 5, 2016
 
 
 
 
BASE COMPENSATION:
$ 400,000.00 per year (includes auto allowance)
 
 
 
 
 
 
STI:
100% of base salary at 100% of Target
 
 
LTI:
Annual RSU or Performance Grants awarded at 100% of base
 
salary at 100% of Target. 3 Year graded vesting
 
 
VACATION:
No Change


Acceptance of Offer:


/s/ BURNEY J. LATIOLAIS, JR.    
Burney J. Latiolais, Jr.

October 4, 2016    
Date