Employment Agreement Update for Amit Rahav (February 2010)
This letter from Maureen McGovern, VP of Human Resources, updates Amit Rahav on the correct monthly salary for 2009, which was previously misstated. The letter confirms the accurate monthly salary amounts for 2009 and 2010, as well as the associated bonus, commission, and total compensation figures. The update clarifies compensation details and corrects prior information, ensuring Amit Rahav receives accurate records of his employment terms.
Exhibit 10.19
February 2010
Amit Rahav
Raanana
Dear Amit:
The 2009 monthly salary on the letter given to you by Gal last week was incorrect. The correct amount was 48,000 and I have shown it below. The total compensation number was correct.
2010 | 2009 | |||||||||
Monthly Salary | ![]() | 55,200 | ![]() | 48,000 | ||||||
Quarterly Bonus | $ | 4,000 | $ | 4,000 | ||||||
Commission OTE | $ | 24,000 | $ | 12,000 | ||||||
Total Compensation | ![]() | 811,654 | ![]() | 680,478 |
My apologies for any confusion, |
Regards, |
/s/ Maureen McGovern |
Maureen McGovern |
VP of Human Resources |
cc: | Gal Trifon |