Employment Offer Letter for Chief Operating Officer Position – Sharon Klugewicz
This letter offers Sharon Klugewicz an at-will employment position as Chief Operating Officer, reporting to the President and CEO. The role includes a base salary of $250,000 per year, eligibility for a 25% performance bonus, immediate medical and dental benefits, 401k participation after six months, 20 days of paid time off in the first year, and a $600 monthly vehicle allowance. Employment begins March 1, 2019, at the company's Farmingdale, NY headquarters. Specific responsibilities will be set on her first day.
Exhibit 10.1
February 6, 2019
Ms. Sharon Klugewicz
17 Roxbury Road
Rockville, Centre 11570
Dear Sharon:
It gives me great pleasure to offer “at will’ employment for the position of Chief Operating Officer. You will report to Stavros Vizirgianakis, President and Chief Executive Officer for your assignments.
The base salary for this position will be $ 250,000 per annum, paid in twenty-four (24), semi- monthly salary cycles.
You will receive an opportunity to earn 25% of your base salary on achievement of objectives that are established by the Chief Executive Offer and yourself. Medical and Dental benefits begin upon your first day of service which will commence on March 1, 2019. You will be eligible to participate in the company’s 401k plan after a completion of six months of service. For your first year of service you will receive twenty (20) days of paid time off. A vehicle allowance of $600.00 will be paid to you in two semi- monthly installments of $300.00.
You will work out of our Corporate Headquarters at 1938 New Highway in Farmingdale, NY.
Upon your first day of service the Chief Executive and you will establish areas of responsibility that will be directly assigned to you.
Please feel free to contact me with any questions that you may have. It is a sincere pleasure to offer you this senior position and I am looking very forward to working with you.
Sincerely,
Joseph J. Gigante
Director of Human Resources
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