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 ###-###-####