Promotion Summary Agreement between RealNetworks, Inc. and Max Pellegrini (February 1, 2018)
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Summary
This agreement documents the promotion of Max Pellegrini to President of RealNetworks, effective February 1, 2018. It updates his existing employment terms to provide an annual base salary of $450,000 and an annual bonus opportunity equal to 100% of his base salary. All other terms from his original 2013 employment offer letter remain unchanged.
EX-10.1 2 exhibit101-pelligrinipromo.htm EXHIBIT 10.1 PELLIGRINI PROMOTION SUMMARY Exhibit
Exhibit 10.1
Promotion Summary dated February 1, 2018 between RealNetworks, Inc. and Max Pellegrini
In connection with the promotion of Massimiliano Pellegrini to the role of President of RealNetworks effective February 1, 2018, the employment offer letter of RealNetworks, Inc. to Mr. Pellegrini dated January 7, 2013 remains in full force and effect, except for the following changes that are effective upon his February 1, 2018 promotion:
• | Annual base salary: $450,000 |
• | Annual bonus opportunity: 100% of annual base salary |
