| A | B | C | D | E | F | |
|---|---|---|---|---|---|---|
1 | ||||||
2 | Employee Offer Summary | |||||
3 | ||||||
4 | Prepared For: | Full Name | ||||
5 | Title: | Marketing Manager | ||||
6 | ||||||
7 | Cash Compensation | |||||
8 | ||||||
9 | Base Salary | $120,000 | Per year | |||
10 | Bonus Potential* | 10% | Of base | |||
11 | ||||||
12 | Total Cash Compensation | $132,000 | per year | |||
13 | *Bonus not guaranteed | |||||
14 | Benefits | |||||
15 | ||||||
16 | Amount | Months | Total | |||
17 | Health Insurance | |||||
18 | Individual | 50% | $500 | 12 | $6,000 | |
19 | Family | 35% | $200 | 12 | $2,400 | |
20 | Life Insurance | $300 | 12 | $3,600 | ||
21 | Wellness Reimbursement | $50 | 12 | $600 | ||
22 | Total Benefits | Per Year: | $12,600 | |||
23 | ||||||
24 | Ownership | |||||
25 | ||||||
26 | Equity Grant | 25,000 | Options | |||
27 | Purchase Price Per Common Share | $2.25 | ** | |||
28 | Standard Vesting Period | 4 | Years w/ One Year Cliff | |||
29 | ||||||
30 | Hypothetical Pre-Tax Gain from Liquidity Event*** | |||||
31 | If share price increases 3X | $112,500 | ||||
32 | If share price increases 5X | $225,000 | ||||
33 | If share price increases 10X | $506,250 | ||||
34 | If share price increases 25X | $1,350,000 | ||||
35 | **This is only an estimate, price set on grant. | |||||
36 | ***For illustration purposes only. Not guaranteed. | |||||
37 | Time Off | |||||
38 | ||||||
39 | Paid Time Off: Unlimited Per Year | |||||
40 | ||||||
41 | Additional Perks**** | |||||
42 | ||||||
43 | Commuter Benefits | $85 | Per month | |||
44 | Catered Lunch 2x Per Week | |||||
45 | Learning & Development Stipend | |||||
46 | ****Subject to change. | |||||