Employment Terms Addendum for Troy A. Cooper as Chief Operating Officer
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Summary
This document outlines the employment terms for Troy A. Cooper as Chief Operating Officer, effective February 9, 2016. It specifies his base salary, bonus amounts for 2015, and a target bonus equal to 100% of his base salary. The agreement also notes that certain provisions from a prior employment agreement dated March 14, 2014, remain in effect regarding equity compensation. Mr. Cooper will report to the Chief Executive Officer.
EX-10.3 4 d139871dex103.htm EX-10.3 EX-10.3
Exhibit 10.3
EXHIBIT A
TROY A. COOPER
| Start Date: | February 9, 2016 | |
| Employee: | Troy A. Cooper | |
| Position: | Chief Operating Officer of the Company | |
| Reporting Person: | Chief Executive Officer of the Company | |
| Base Salary: | $537,500 | |
| 2015 Bonus: | $750,000 | |
| 2015 Additional Bonus: | $1,100,000 | |
| Target Bonus: | 100% of Base Salary | |
| Prior Agreement: | Employment Agreement effective as of March 14, 2014, by and between the Company and Employee | |
| Sections of Prior Agreement that survive with respect to Equity Compensation granted under the Prior Agreement: | Section 3(c) | |
