Amendment to Offer Letter between PG&E Corporation and Patricia K. Poppe (November 29, 2024)

Contract Categories: Human Resources › Employment Agreements
Summary

PG&E Corporation and Patricia K. Poppe have agreed to amend her original offer letter by extending her employment term for an additional five years, through January 4, 2031. The agreement allows for automatic one-year renewals unless either party gives 90 days' notice before the term ends. Compensation will continue to be reviewed annually and approved by the independent board members. All other terms of the original offer letter remain unchanged, and employment remains at will.

Read More Arrow
EX-10.1 2 d861932dex101.htm EX-10.1 EX-10.1

Exhibit 10.1

 

  PG&E Corporation  
  300 Lakeside Drive  
  Oakland, CA 94612  

November 29, 2024

Patricia K. Poppe

RE: Amendment to Offer Letter

Dear Patti,

On behalf of PG&E Corporation (the “Company”), I am pleased to amend your November 13, 2020 offer letter (“Offer Letter”) by extending your current employment term for another five-year period through January 4, 2031.

Such term will be subject to automatic renewal for successive one-year terms thereafter unless either party provides a written notice of non-renewal at least 90 days prior to the end of the then-current term.

Your compensation will continue to be subject to an annual performance evaluation and market review and will be submitted for approval at least annually to the independent members of the Company’s Board of Directors. Nothing in this letter shall limit the Company’s ability to amend its employee compensation and benefit programs, plans, policies and arrangements from time to time. You will continue to be an employee at will. Except as expressly amended hereby, the Offer Letter remains in full force and effect in accordance with its terms, as in effect as of the date hereof.

We look forward to your continued service on our executive team.

Sincerely,

 

/s/ Kerry W. Cooper

Kerry W. Cooper
Chair of the Board of PG&E Corporation

Please acknowledge your acceptance of this offer and the terms of this letter by signing below.

 

/s/ Patricia K. Poppe

Patricia K. Poppe