July 24, 2011 Seth Shaw Zwanebloemstraat 93 Amsterdam, 1087 GD Netherlands Dear Seth: (October 27th, 2011)
Congratulations! I am pleased to offer you a position with LogMeIn, Inc. as Senior Vice President of Sales, reporting to me, Michael Simon, CEO and to be based at our offices in Woburn, Massachusetts. If you decide to accept this position, you will receive an annual salary of $215,000. Your salary will be paid in accordance with LogMeIns standard payroll practice, which is currently semi-monthly (i.e. $8,958.33 per pay period). If you accept the offer, your first day of employment in this role will be August 1, 2011. As an employee, you will also receive all the eligible employee benefits including up to twenty (20) vacation days per year which accrue monthly at the rate of ten (13.33) hours per month.