Compensation Summary Sheet for Phillip M. Fernandez, President and CEO of Marketo, Inc.
This document outlines the compensation terms for Phillip M. Fernandez, who serves as President, CEO, and Chairman of Marketo, Inc. His employment is at will, meaning it can be terminated at any time. For 2012, his annual base salary was $325,000 with a target bonus of $325,000, and he received an actual bonus of $308,750. Effective January 1, 2013, his base salary increased to $350,000 with a target bonus of $350,000.
Exhibit 10.5
Compensation Summary Sheet for Phillip M. Fernandez
Phillip M. Fernandez serves as the President, Chief Executive Officer and Chairman of the Board of Marketo, Inc. (the “Company”). Mr. Fernandez’s employment with the Company is “at will” and for no specific period of time. During the year ended December 31, 2012, Mr. Fernandez had an annual base salary of $325,000 and an annual target bonus of $325,000. Actual bonus amounts paid to Mr. Fernandez for 2012 were $308,750. Effective as of January 1, 2013, Mr. Fernandez had an annual base salary of $350,000 and an annual target bonus of $350,000.
