OneSpan Inc. Compensation Adjustment Letter to Interim President and CEO Steven Worth (November 2021)
This letter from OneSpan Inc. informs Steven Worth, the Interim President and CEO, that his monthly compensation has been increased from $20,000 to $50,000, effective October 1, 2021. The increase applies for each month or part of a month that he serves in this interim role. The letter is signed by Jan Kees van Gaalen, Interim Chief Financial Officer, and serves as formal notice of the Board's unanimous decision.
Exhibit 10.1
November 1, 2021
Steven Worth, Interim President and CEO
OneSpan
Dear Steven,
On October 29, 2021, the Board, by unanimous written consent, approved an increase in your fee from $20,000 to $50,000 per month for each month or portion thereof that you serve as Interim President and CEO, effective October 1, 2021.
Thank you for your continued performance in this role.
Sincerely,
/s/ Jan Kees van Gaalen
Jan Kees van Gaalen
Interim Chief Financial Officer
OneSpan Inc. 121 W Wacker Drive, Suite 2050, Chicago, IL, 60601, United States
P ###-###-#### ***@*** OneSpan.com
