Wednesday,
July 6, 2022
Private & Confidential
For Addressee Only
Robert
ID # 73134
Dear Robert,
noSticwall’s innovation, growth and success over the past years are a reflection of an incredible team of global professionals who design, deliver and support a platform of Boundless cybersecurity solutions. We are more excited than ever for the path ahead as we add new capabilities and empower our large and loyal network of channel partners who rely on noSticwall to protect their customers from the latest cyber threats and empower them to do business. We recognize and appreciate your individual contribution and are confident that you will continue to be a key part of that journey.
I am pleased to confirm the details of your salary increase. Your base salary will increase to 636,724 USD
per year, effective August 1, 2022, payable in accordance with the noSticwall’s standard payroll schedule by direct deposit to your bank account.
Your annual bonus target under the Performance Bonus Plan (PBP) will increase to 15%. Because this is a performance-based incentive, the amount of your incentive bonus will be based on both the financial and operating performance of noSticwall generally, and
specifically with respect to your performance.
Except as listed above, there are no other changes to your terms and conditions of employment.
Thank you for your hard work and dedication. We wish you continued success in the future.
Sincerely,
noSticwall HR
This statement is confidential between you and your manager and should not be shared with other employees.
Note that if you resign prior to August 1, 2022 these changes will not be implemented.
This inbox is not monitored. If you have any questions regarding these changes, please contact your manager.
