Offer Letter, by and between PG&E Corporation and Patricia K. Poppe, dated November 29, 2024
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 Companys Board of Directors. Nothing in this letter shall limit the Companys 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 |