EX-10.01 2 ex1001-samanthawellingtono.htm EX-10.01 Document

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2024年9月3日


Samantha Wellington c/o ebay
加利福尼亚州圣何塞市哈密尔顿大街2065号,邮编95125

亲爱的莎曼莎:

eBay Inc.(”公司” 或”易趣网”)很高兴根据本录取通知书(“录用信”)中规定的条款和条件向您提供高级副总裁、首席法务官兼公司秘书的豁免职位。本录取通知书的条款和条件已获得 eBay 董事会薪酬和人力资本委员会的批准。

现金薪酬
您的工资将按照每两周25961.54美元的费率确定,相当于年基本工资675000.04美元。

您将有资格参与ebay激励计划(eIP),根据个人成就和公司绩效获得年度奖金。年度奖金周期为1月1日至12月31日。您在eIP中的目标奖金为您年度基本工资的75%,按您在年度奖金期间在eIP合格职位上工作时获得的合格收入比例计算。不能保证支付任何eIP奖金,任何实际奖金将根据您在eIP中定义的合格收入在年度奖金期结束后确定。要获得任何eIP奖金,您必须在第四季度的第一个工作日或之前被雇用,并且在支付奖金的日期被雇用。任何奖金的支付完全由ebay自行决定,并受eIP的条款和条件约束。ebay保留随时自行决定修改、更改或取消eIP的权利。
股权报酬
您将获得两个受限制股单位(“RSUs”)奖励和一个基于绩效的受限制股单位(“PBRSUs”)奖励,具体描述如下。 RSUs和PBRSUs的授予将在您开始工作的下个月的15日进行。奖励以美元价值描述。对于RSU奖励,将根据RSU奖励的美元价值除以平均eBay收盘价(如下所述),并四舍五入至最接近的整数份eBay普通股股票份数来确定授予的股份数。对于PBRSU奖励,将根据目标奖励的股票数量除以
根据eBay收盘价的平均值,将奖励价值四舍五入至最接近的整数股份的eBay普通股。 “eBay收盘价的平均值”应根据过去10个连续交易日的eBay普通股美元收盘价的平均值计算,截至(包括)授予日前的最后一个交易日。



根据上述方法,您将获得价值180万美元的RSUs奖励,根据ebay当前的股票计划(“计划”)以及RSU协议的条款和条件(将在授予日期后尽快提供给您)。RSUs将在四年内分期归属并变为不可放弃(假设您在每个归属日期与ebay公司继续雇佣),具体如下:授予之日起的首个周年日的25%,随后每个三个月期间分别授予的奖励股份的1/16份。th 之后每三个月的股东一次性奖励的1/16的股份。

您还将获得价值270万美元的PBRSUs奖励,根据计划的条款和条件以及PBRSU协议的条款和条件授予给您(在授予日期后尽快提供)。PBRSUs将在2024年1月1日至2026年12月31日期间受绩效影响,属于2024-2026 PBRSU周期,并将与在2024-2026 PBRSU周期中其他类似职位的官员设定的相同绩效目标和调整器一起。所赚取的奖励实际金额将基于公司业绩确定,并将受到薪酬和人力资本委员会批准的绩效计划的条款和条件约束。本周期获得的任何PBRSUs在2027年3月会解锁所有获得的股份,前提是您在解锁日期继续与ebay公司保持雇佣关系。
您还将被授予价值100万美元的补充股权奖,根据计划的条款和条件以及RSU协议的条款和条件授予给您(将在授予日期后尽快提供给您)。这些RSU在两年内按如下方式归属并变为不可放弃(假设您在每个归属日期继续与ebay公司就业):授予日期的首个周年日的50%,授予日期的第二个周年日的50%。
从2025年开始,您将有资格根据ebay的年度审查流程获得年度授予。您的年度累计授予目标价值为$4,500,000。

所有员工都需要遵守ebay的内幕交易协议,该协议详细规定了公司人员进行证券交易的程序和指导方针。您将收到一份ebay的内幕交易协议副本,请仔细阅读。作为您入职过程的一部分,您将被要求执行该认证。

补充支付
您将有资格领取一次2024年度奖金补偿款$575,000(扣除税款和适用税项)。2024年度奖金补偿款将在2025年3月15日或之前支付,前提是您在支付日仍然保持在职状态。

您将有资格收到一次性权益补偿支付1,金额为$2,500,000。该支付将在您的开始日期后的两个支付周期内支付,视您在支付日期继续受雇而定。如果您的雇佣因是否定原因(如《还款要求协议》中所定义的术语)或在您的开始日期起至一年服务期满前辞职而终止,已支付给您的权益补偿支付1的净额部分(扣除或适用税款后的净额)将完全退还给公司。如果您的雇佣因是否定原因或一年后辞职但在您的开始日期起三周年前终止,您的还款义务将每满一个完整月的在职时间减少1/36。一年后若辞职但在您的开始日期起三周年前终止,您无需归还权益补偿支付1。
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员工在本公司工作三年后,有解雇要求。附有偿还要求协议。

您将有资格收到一笔唯一的补偿款项2,金额为$2,000,000。此款项将于2025年12月1日发放工资时支付,以继续在支付日期当天保持就业为条件。如果由于“原因”(该术语在还款要求协议中定义)或辞职导致您在支付日期后两年内停止就业,则已支付给您的补偿款项2净额(扣除款项或应缴税款后)应退还给公司,前提是您的还款义务会随着支付日期后每个完整月份的实际就业而减少1/24。在支付日期后与公司就业两年之后终止就业则无需偿还补偿款项2。附有还款要求协议。

员工福利
您将享有ebay通常提供给与您类似职位员工的福利。请查阅福利计划文件以获得更多详细信息,包括资格要求。ebay保留自行决定随时修改、更改或取消福利的权利。

You will be eligible to accrue 20 days of Paid Time Off (“PTO”) per year.
Work Location
Your work location will be at the eBay Inc. offices located at 2025 Hamilton Avenue, San Jose, CA, 95125.
Severance and Change in Control Protections
Although your employment with the Company shall be “at-will” as set forth below, you will be entitled to severance protection in certain circumstances, as described below.
Termination Outside of a Change in Control Period. You will be eligible to participate in the eBay Inc. SVP & Above Standard Severance Plan, subject to the terms and conditions of the plan as in effect from time to time. Please review the enclosed eBay Inc. SVP and Above Standard Severance Plan and Summary Plan Description for the details on the plan.
Termination During a Change in Control Period. You will be eligible to participate in the eBay Change in Control Severance Plan for Key Employees, subject to the terms and conditions of the plan as in effect from time to time, at Tier 1. Please review the enclosed Change in Control Severance Plan for Key Employees and Summary Plan Description for the details on the plan.

Other terms; Required Employee Documents and Agreements
All payments and benefits set forth in this letter are subject to, and will be paid net of, all applicable taxes, deductions, and withholdings.
Under federal immigration laws, the Company is required to verify each new employee’s identity
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and legal authority to work in the United States. Accordingly, please be prepared to furnish appropriate documents satisfying those requirements; this offer of employment is conditioned on submission of satisfactory documentation. You will be provided with a list of the required documents.

Other terms, conditions, job responsibilities, compensation and benefits may be adjusted by the Company from time to time in its sole discretion.
All of us at eBay are very excited about you joining our team and look forward to a beneficial and fruitful relationship. However, should any dispute arise with respect to your employment or the termination of that employment, we both agree that such dispute shall be conclusively resolved by final, binding and confidential arbitration rather than by a jury court or administrative agency. The Company will bear those expenses unique to arbitration. Please review the enclosed Mutual Arbitration Agreement carefully.
As a condition of your employment, you must complete both the Mutual Arbitration Agreement and the enclosed Employee Proprietary Information and Inventions Agreement prior to commencing employment. These agreements address important obligations to the Company, both during and after your employment; therefore, please read both agreements carefully. You will be asked to execute the agreements as part of your new hire onboarding process. If you should have any questions about either agreement, please contact me.
This Offer Letter, the Mutual Arbitration Agreement, the Employee Proprietary Information and Inventions Agreement as well as all other enclosed required documents, contain the entire agreement with respect to your employment. For the avoidance of doubt, nothing in this Offer Letter is intended to modify the SVP & Above Standard Severance Plan or the eBay Change in Control Severance Plan for Key Employees, and in any circumstance where either plan may be applicable to awards described in this Offer Letter the provisions of the applicable plan shall control. Should you have any questions with regard to any of the items indicated above, please call me. Kindly indicate your consent to this Offer Letter by signing and returning a copy of this Offer Letter. All other documents requiring your signature must be submitted either in hard copy or electronically prior to your start date, including but not limited to the Mutual Arbitration Agreement, the Employee Proprietary Information and Inventions Agreement, and the Insider Trading Agreement certification.
This Offer Letter and your commencement of employment with eBay is contingent upon the results of your background verification, your legal authorization to work for eBay in the United States, and your resignation from your current employer. Upon your signature below, this will become our binding agreement with respect to your employment and its terms merging and superseding in their entirety all other or prior offers, agreements and communications, whether written or oral, by you and the Company as to the specific subjects of this Offer Letter.

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We are excited at the prospect of you joining our team. We look forward to having you on board!
Very truly yours,

/s/ Jamie Iannone            
Jamie Iannone
Chief Executive Officer


ACCEPTED:

/s/ Samantha Wellington             Anticipated Start Date: On or before October 31, 2024
Samantha Wellington


September 4, 2024                
Date
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Repayment Requirement Agreement
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.


ACCEPTED:

/s/ Samantha Wellington                
Samantha Wellington


September 4, 2024            
Date

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