Compensation Increase Letter for Karrie Forbes from MFRM Family of Brands
This letter from MFRM Family of Brands notifies Karrie Forbes of an increase in her annual compensation from $310,000 to $325,000, effective August 5, 2015. The letter, signed by the Vice President of Talent Management, acknowledges Forbes' contributions to the company and expresses appreciation for her service. Forbes' acknowledgment of the letter is also included.
Exhibit 10.12
MFRM • 5815 Gulf Freeway • Houston, TX 77023
August 20, 2015
Dear Karrie Forbes,
I am writing you to inform you that due to your valued service to MFRM Family of Brands, effective August 5, 2015, your compensation will be increased from $310,000 to $325,000. This annualized increase of $15,000 represents a 4.84% increase in pay.
We appreciate the numerous contributions you have made to MFRM during the past year, and look forward to your continued efforts.
Sincerely,
Abby Ludens
Vice President Talent Management
Acknowledgment:
/s/ Karrie Forbes8/21/2015
____________________________________________________
Karrie ForbesDate
