基本給与: Your base salary will be at the rate of $18,461.54 per bi-weekly pay period (which if annualized equals $480,000), payable in accordance with the regular payroll practices of the Company and subject to all applicable deductions and withholdings. Because of your start date, you will not be eligible for an annual review for this cycle in Q1 2025.
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Annual Incentive Bonus: Following the end of each fiscal year and subject to the approval by the Company’s Board of Directors in its sole discretion, you will be eligible to earn an annual incentive bonus, based on your performance and the Company’s performance, as determined by the Company in its sole discretion, during the applicable fiscal year. Your target annual incentive bonus opportunity shall be up to 40% of your annualized base salary. To be eligible for the bonus, you must be employed and in good standing on the date of payment, as such bonus also serves as an incentive to remain employed by the Company. Your annual incentive bonus for 2024 will be pro-rated based on your start date and in accordance with the Company’s policy.
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Trevi Equity Grants: Upon your Start Date, you will be granted a stock option (the “Option”) to purchase 400,000 shares of the Company’s common stock under the Company’s 2019 Equity Incentive Plan (“Plan”). The exercise price of the Option will be equal to the fair market value of the Common Stock as determined by the Board of Directors of the Company on the date of the grant of the Option (the “Grant Date”).
