Pay Change Letter, dated February 24, 2020, by and between KLDiscovery Inc. and Christopher Weiler

EX-10.1 2 kld-ex101_20.htm EX-10.1 kld-ex101_20.htm

 

Exhibit 10.1

 

February 24, 2020

 

 

Christopher Weiler

 

 

Dear Chris,

 

You have agreed to a base salary pay change, effective February 24, 2020.  The details of this pay change are outlined below.

 

 

Current annualized base salary:  $490,000

Calculated bi-weekly amount (annualized salary/26):  $18,846

New annualized base salary:  $400,000

New calculated bi-weekly amount (annualized salary/26):  $15,385

% of Pay Change:  18.37%

 

 

All other terms and conditions of your employment remain unchanged.

 

To confirm your acceptance of the pay change, please sign and return this letter.

 

 

Sincerely,

 

/s/ Lindsey Hammond

 

Lindsey Hammond

Sr. Director, Global Talent

 

___________________________________________________________________________________

 

I accept the above change to my base salary and acknowledge that this change is now part of my employment agreement.

 

NameChristopher Weiler

 

Signature/s/ Christopher Weiler

 

Date5/7/2020