LivaNova Compensation Adjustment Letter to Alex Shvartsburg (2019)

Contract Categories: Human Resources › Compensation Agreements
Summary

This letter from LivaNova to Alex Shvartsburg confirms an increase in his compensation package effective January 1, 2019. His new annual gross base salary is set at GP 235,000, with an annual target bonus of 40%. The letter expresses appreciation for his contributions and ongoing commitment to the company. No additional terms, conditions, or time limits are specified beyond the compensation details.

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EX-10.45 7 livn-20201231xex1045.htm EX-10.45 Document
Exhibit 10.45


Mr. ALEX SHVARTSBURG


January 2019



Dear Alex,


I am pleased to confirm that effective January 1st, 2019, your compensation package will be increased as follows:

Annual Gross Base Salary: GP 235.000,00
Annual target bonus: 40%

I would like to take this opportunity to thank you for your hard work and contribution to our business in 2018 and look forward to carrying on working together in 2019. Your continuous commitment to LivaNova is truly valued.

Kind Regards,


/s/ Thad Huston            
Chief Financial Officer