Fiscal Year 2010 Bonus Target Letter Agreement with Michael D. Newman

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This agreement, dated April 23, 2010, is between Michael D. Newman and Steve Odland, confirming that Mr. Newman's bonus target for fiscal year 2010 is set at 75% of his eligible earnings. All other terms of his employment remain unchanged. Mr. Newman is required to sign and return the memo to indicate his acceptance of this change.

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EX-10.4 5 dex104.htm LETTER AGREEMENT WITH MICHAEL D. NEWMAN Letter Agreement with Michael D. Newman

Exhibit 10.4

 

Date:   April 23, 2010
To:   Michael D. Newman
From:   Steve Odland
Re:   Fiscal Year 2010 Bonus Target Percentage

It is with pleasure that I am confirming your bonus target percentage is set at 75% of eligible earnings for FY2010.

All other terms of your employment remain unchanged.

Please confirm your acceptance of this change by signing on the line below and returning this memo to Daisy Vanderlinde.

 

Position Acceptance:

    

/s/ Steve Odland

    

04/23/10

Steve Odland

     Date

/s/ Michael D. Newman

    

04/24/10

Michael D. Newman

     Date