A global investment bank uses the real-time events capability in the Sybase Data Integration Suite to proactively push time-critical data from heterogeneous enterprise databases to messaging architectures. The firm has eliminated the information lags created by batch updates or intermittent polling processes. The real-time solution enables the organization to focus on its risk assessment using real-time events to send a report to the risk management department each time a trade crosses a pre-determined risk limit
EX-10.42 4 f27565exv10w42.htm EXHIBIT 10.42 exv10w42
EXHIBIT 10.42
February 26, 2007
Marty Beard
President, Sybase 365
(Delivered by hand)
Dear Marty:
This is to inform you of your 2007 compensation as approved by the Sybase, Inc. Compensation Committee:
| 1. | | Cash Compensation (effective January 1, 2007) |
| 1. | | Annual base salary: $363,140 |
|
| 2. | | Incentive bonus target: $243,304 |
|
| 3. | | Total target cash compensation (TTC): $606,444 |
You will receive shortly your 2007 Variable Compensation Plan Document with the details of your quota and plan components.
| (a) | | Sybase Stock Option Grant (4-year vest) |
| (b) | | Restricted Stock Grant (performance vest) |
| (c) | | Restricted Stock Grant (time vest) |
The vesting terms are set out in the relevant equity award grant agreement.
I also want to take this opportunity to thank you for your contributions in 2006. I look forward to your support and contributions in 2007.
Sincerely,
| | |
/s/ John S. Chen | | |
John S. Chen | | |
Chairman, CEO and President | | |
CC: HR File