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Brian
Gentile
35 Arbuelo Way
Los Altos
CA 94022
I am pleased to
offer you the position of Executive Vice President and CMO with
Informatica Corporation. In this capacity, you will report to
Sohaib Abbasi, President and CEO and work to help Informatica
(“the Company”) be successful powering business insight
for global organizations.
Your
compensation package is made up of the following
components:
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An
annual base salary of $300,000.
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An
annual corporate bonus of up to 55%, paid out twice yearly against
the annual performance metrics set out in the corporate bonus
plan
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In addition,
you will be eligible or standard company benefits. These benefits
will be available to you on your date of hire. You will also be
eligible to participate in the Company’s 401(k) and Employee
Stock Purchase Plans.
You will be
granted to 300,000 new hire stock options, subject to approval by
Informatica’s Board of Directors. The grant date and the
vesting commencement date will coincide with the date the grant is
approved by the Board or a committee of the board — with the
option exercise price for such option being equal to the closing
market price on that date. The Board or committee typically meets
twice a month to review and approve new hire option grants.
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