Summary of Compensation Terms for Kevin S. Chou – Glu Mobile Inc.

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Summary

This document outlines the compensation terms for Kevin S. Chou, Vice President, General Counsel, and Secretary of Glu Mobile Inc. Mr. Chou will receive an annual salary of $225,000 and is eligible for a target cash bonus equal to 30% of his base salary, paid quarterly, under the Glu Mobile Executive Bonus Plan. He is also a party to a separate Change of Control and Severance Agreement with the company.

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EX-10.02 3 f50535exv10w02.htm EX-10.02 exv10w02
EXHIBIT 10.02
GLU MOBILE INC.
SUMMARY OF COMPENSATION TERMS
KEVIN S. CHOU
Dated as of October 31, 2008
Following is a summary of the compensation terms for Kevin S. Chou, the Vice President, General Counsel and Secretary of Glu Mobile Inc., a Delaware corporation (the “Company”):
         
Annual Salary:
  $225,000  
 
        
Target Cash Bonus:
  30% of base salary, earned and paid quarterly
 
        
Bonus Plan Participation:
  Glu Mobile Executive Bonus Plan, dated as of April 9, 2008
Mr. Chou is also a party to a Change of Control and Severance Agreement with the Company, the form of which is filed as Exhibit 10.02 to the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2008, filed with the Securities and Exchange Commission on May 15, 2008.