Compensation Arrangement Letter Agreement between Piper Jaffray Investment Management, LLC and M. Brad Winges (October 25, 2012)

Contract Categories: Human Resources › Compensation Agreements
Summary

Piper Jaffray Investment Management, LLC (PJIM) and M. Brad Winges, the Head of Fixed Income Services, entered into a compensation arrangement requiring Mr. Winges to invest at least 25% of his annual deferred compensation in an alternative asset management fund managed by the Company. This agreement outlines a specific investment obligation as part of Mr. Winges's compensation terms.

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EX-10.24 4 pjc12312012ex1024.htm COMPENSATION ARRANGEMENT WITH M. BRAD WINGES PJC 12.31.2012 EX 10.24

Exhibit 10.24


SUMMARY OF COMPENSATION ARRANGEMENT

Pursuant to a letter agreement dated October 25, 2012, between Piper Jaffray Investment Management, LLC (“PJIM”) and an investor in a fund in which PJIM is the general partner, M. Brad Winges, the Company's Head of Fixed Income Services, is required to invest at least 25% of his annual deferred compensation in an alternative asset management fund of the Company.