MediaMind Technologies Ltd. 25 Haharoshet St., Ra'anana 43656, Israel t. +972 9 ###-###-#### f. +972 9 ###-###-####
EX-10.3 4 exhibit_10-3.htm EXHIBIT 10.3 exhibit_10-3.htm
Exhibit 10.3
January 2011
Andrew Bloom
New York
Dear Andrew:
I’m pleased to inform you that the Compensation Committee of the Board of Directors has approved your 2011 compensation as follows:
Base Salary: | $230,000 per year |
MBO Target: | $15,000 per quarter |
Annual Commission Target: | $60,000 annually |
Your compensation increase will be effective as of 1-April-2011.
Additionally, at its meeting on 13-January-2011, the Committee approved a grant to you of 40,000 options to purchase 40,000 common shares of the Company, with an exercise price of $15.12 each. A formal grant letter will be sent to you shortly.
Best regards,
Gal Trifon
CEO
Cc: Ruth Shaked, VP HR
MediaMind Technologies Ltd. 25 Haharoshet St., Ra'anana 43656, Israel t. +972 9 ###-###-#### f. +972 9 ###-###-####