このオファーレター、相互仲裁契約、従業員専有情報および発明契約、およびその他の添付必要書類は、あなたの雇用に関する全ての合意を含みます。疑念を避けるために、このオファーレターのいかなる内容も、SVP & Above Standard Severance Plan またはイーベイの主要従業員向けのコントロール変更に関する退職プランを変更する意図はありません。そして、このオファーレターに記載された報酬に適用可能なプランが存在するいかなる状況においても、適用されるプランの規定が優先されます。上記の項目に関して何か質問がある場合は、コールしてください。このオファーレターに同意することを、署名してこのオファーレターのコピーを返送することによって示してください。署名が必要な全てのその他の書類は、相互仲裁契約、従業員専有情報および発明契約、インサイダー取引契約の認証を含むがこれに限定されない、あなたのスタート日より前に、紙または電子形式で提出されなければなりません。
In the event that your employment ceases for reasons of Cause (as defined below) or resignation prior to completion of one year of service from your start date, the net portion of the Equity Make-good Payment 1 of $2,500,000 that was paid to you (net of deductions or applicable taxes) is fully refundable to the Company. If your employment ceases for reasons of Cause or resignation after one year, but prior to the third anniversary from your start date, your repayment obligation will be reduced by 1/36th for every full month of active employment. No repayment of the Equity Make-good Payment 1 would be required for termination after three years of employment with the Company.
In the event that your employment ceases for reasons of Cause (as defined below) or resignation within two years of the date of payment, the net portion of the Equity Make-good Payment 2 of $2,000,000 that was paid to you (net of deductions or applicable taxes) is refundable to the Company provided that your repayment obligation will be reduced by 1/24th for every full month of active employment following the date of payment. No repayment of the Equity Make-good Payment 2 would be required for termination after two years of employment with the Company following the date of payment.
You authorize the Company to withhold from any compensation otherwise owed to you at the time of termination any amounts necessary to satisfy your repayment obligations, other than those exempt from attachment under federal and state laws.
For purposes of this Repayment Requirement Agreement, “Cause” shall mean any of the following:
(i) your failure to attempt in good faith to substantially perform your assigned duties, other than failure resulting from your death or incapacity due to physical or mental illness or impairment; which is not remedied within thirty (30) days after receipt of written notice from the Company specifying such failure;
(ii) your indictment for, conviction of or plea of nolo contendere to any felony (or any other crime involving fraud, dishonesty or moral turpitude); or (iii) your commission of an act of fraud, embezzlement, misappropriation, willful misconduct, or breach of fiduciary duty against the Company, except good faith expense account disputes.