Employment Agreement Update for Amit Rahav (February 2010)

Summary

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.

EX-10.19 11 dex1019.htm EMPLOYMENT AGREEMENT UPDATE FOR AMIT RAHAV Employment Agreement Update for Amit Rahav

Exhibit 10.19

                                     February 2010

Amit Rahav

Ra’anana

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