Amendment to Fiscal Year 2007 Compensation Terms for Scott G. McNealy – Sun Microsystems, Inc.

Contract Categories: Human Resources › Compensation Agreements
Summary

This amendment, approved by Sun Microsystems, Inc.'s Leadership Development and Compensation Committee, modifies the compensation terms for Scott G. McNealy for fiscal year 2007. It grants Mr. McNealy access to a private jet for business and reasonable personal use. Any personal use of the jet will be treated as taxable income to Mr. McNealy, and Sun Microsystems will provide a tax gross-up to cover the resulting tax liability.

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EX-10.2 3 dex102.htm AMENDMENT TO FY07 COMPENSATION TERMS - MCNEALY Amendment to FY07 Compensation Terms - McNealy

Exhibit 10.2

 

Sun Microsystems, Inc.

Amendment to Compensation Terms for Scott G. McNealy

Fiscal Year 2007

Approved by the Leadership Development and Compensation Committee on November 2, 2006

 

Sun will provide Mr. McNealy with private jet access for business and reasonable personal use. The expense of any personal private jet use will be imputed as income to Mr. McNealy, for which Sun will provide a tax gross-up.