Pay Change Letter, dated June 15, 2021, by and between KLDiscovery Inc. and Krystina Jones

EX-10.3 4 kld-ex103_33.htm EX-10.3 kld-ex103_33.htm



Exhibit 10.3




June 15, 2021



Krystina Jones



Dear Krystina,


As part of the KLD response to the COVID-19 global pandemic, you previously agreed to temporarily adjust your base salary.  Effective at the beginning of the July 2, 2021 pay period, your pay will be restored to the amount prior to any voluntary, temporary pay reductions.  


Current Temporary annualized salary (Total Wages):  $490,000


Base Salary:  $340,000


Non-Recoverable Draw:  $150,000


Fully restored annualized salary (Total Wages):  $575,000


Base Salary:  $425,000


Non-Recoverable Draw:  $150,000


All other terms and conditions of your employment remain unchanged.  Nothing in this letter constitutes a change to any of the terms and conditions of your current Sales Commission Plan.


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





/s/ Lindsey Hammond


Lindsey Hammond

VP, Global Talent




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




Krystina Jones






/s/ Krystina Jones






July 9, 2021



KLDiscovery Ontrack, LLC



8201 Greensboro Drive, Suite 300

McLean, VA 22102