Position: Executive Vice President & General Manager, Core Business Status: Full-Time, Regular, Exempt Reporting To: Chief Executive Officer Compensation: Base Salary of $11,666.67 Semi-Monthly, Which Is the Equivalent of $280,000 Annually, Paid in Accordance With the Companys Normal Payroll Procedures. You Should Note That Carbonite May Modify Salaries and Benefits From Time to Time as It Deems Necessary. All Forms of Compensation Which Are Referred to in This Offer Letter Are Subject to Reduction to Reflect Applicable Withholding, Payroll and Other Required Taxes and Deductions. Bonus: You W (April 11th, 2013)
To indicate your acceptance of this offer, please sign and date the attached Acceptance and Acknowledgement and return it to me. This letter, along with the Carbonite Confidentiality, Invention Assignment and Non-Competition Agreement, set forth the terms of your employment with Carbonite and supersede any prior representations or agreements, whether written or oral. This letter may not be modified or amended except by a written agreement, signed by the Chief Executive Officer or Chief Financial Officer of Carbonite and by you.