July 6, 2018 Klaus Oestermann [Address Intentionally Omitted] Dear Klaus:Control and Severance Agreement • July 9th, 2018 • Proofpoint Inc • Services-computer processing & data preparation • California
It is our pleasure to offer you the full-time position of President and Chief Operating Officer of Proofpoint, Inc. (the “Company”) effective July 9, 2018 (the “Employment Date”). This letter agreement (“Agreement”) will set forth the terms of your employment. As President and Chief Operating Officer, you will be reporting to the Chief Executive Officer of the Company, and you will be appointed to the Board of Directors of the Company (the “Board”) on the Employment Date. You will be expected to diligently perform various duties consistent with your position. You will work at our headquarters office, which is located in Sunnyvale, California.
