Jaguar Health Promotion and Compensation Letter to Jonathan Wolin (September 2019)
Jaguar Health, Inc. has promoted Jonathan Wolin to Chief Compliance Officer, General Counsel, and Chief of Staff, effective September 1, 2019. His annual base salary is increased to $280,800, with a bonus opportunity of 40% of his base salary. He will also receive a stock option grant of 43,500 options, as approved by the Board of Directors. The letter confirms these changes and expresses appreciation for his contributions to the company.
Exhibit 10.1
September 6, 2019
Mr. Jonathan Wolin
430 Hurlingham Avenue
San Mateo, CA 94402
Dear Jon,
As Jaguar Health places a high value on the contributions, hard work, and dedication that you have demonstrated over the past year, we would like to congratulate you on your promotion to Chief Compliance Officer, General Counsel and Chief of Staff effective September 1, 2019. Your new annual base salary has increased to $280,800 from $260,000 and your new pay increase will be reflected in your September 14 paycheck. Your bonus opportunity is 40% of your base salary earnings for the year. Because we value the long-term incentive compensation component of your Total Rewards package, you will also receive a promotional stock option grant of 43,500 stock options granted and approved by the Board of Directors on September 5, 2019.
Jon, once again, I wanted to thank you for accepting your new promotional opportunity and believe in your success as a valuable member of the Jaguar Health family!
Warm regards,
| /s/ Lisa A. Conte |
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| Lisa A. Conte |
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| President & Chief Executive Officer |
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Jaguar Health, Inc. · 201 Mission Street, Suite 2375 · San Francisco, CA 94105
Tel: (415) 371-8300 · Fax: (415) 371-8311 · www.jaguar.health
