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
加利福尼亞州聖何塞市哈密爾頓大街2065號,郵編95125

親愛的莎曼莎:

eBay Inc.(”公司” 或”易趣網”)很高興根據本錄取通知書(「錄用信」)中規定的條款和條件向您提供高級副總裁、首席法務官兼公司秘書的豁免職位。本錄取通知書的條款和條件已獲得 eBay 董事會薪酬和人力資本委員會的批准。

現金薪酬
您的工資將按照每兩週25961.54美元的費率確定,相當於年基本工資675000.04美元。

您將有資格參與ebay激勵計劃(eIP),根據個人成就和公司績效獲得年度獎金。年度獎金週期爲1月1日至12月31日。您在eIP中的目標獎金爲您年度基本工資的75%,按您在年度獎金期間在eIP合格職位上工作時獲得的合格收入比例計算。不能保證支付任何eIP獎金,任何實際獎金將根據您在eIP中定義的合格收入在年度獎金期結束後確定。要獲得任何eIP獎金,您必須在第四季度的第一個工作日或之前被僱用,並且在支付獎金的日期被僱用。任何獎金的支付完全由ebay自行決定,並受eIP的條款和條件約束。ebay保留隨時自行決定修改、更改或取消eIP的權利。
股權報酬
您將獲得兩個受限制股單位(「RSUs」)獎勵和一個基於績效的受限制股單位(「PBRSUs」)獎勵,具體描述如下。 RSUs和PBRSUs的授予將在您開始工作的下個月的15日進行。獎勵以美元價值描述。對於RSU獎勵,將根據RSU獎勵的美元價值除以平均eBay收盤價(如下所述),並四捨五入至最接近的整數份eBay普通股股票份數來確定授予的股份數。對於PBRSU獎勵,將根據目標獎勵的股票數量除以
根據eBay收盤價的平均值,將獎勵價值四捨五入至最接近的整數股份的eBay普通股。 「eBay收盤價的平均值」應根據過去10個連續交易日的eBay普通股美元收盤價的平均值計算,截至(包括)授予日前的最後一個交易日。



根據上述方法,您將獲得價值180萬美元的RSUs獎勵,根據ebay當前的股票計劃(「計劃」)以及RSU協議的條款和條件(將在授予日期後儘快提供給您)。RSUs將在四年內分期歸屬並變爲不可放棄(假設您在每個歸屬日期與ebay公司繼續僱傭),具體如下:授予之日起的首個週年日的25%,隨後每個三個月期間分別授予的獎勵股份的1/16份。th 之後每三個月的股東一次性獎勵的1/16的股份。

您還將獲得價值270萬美元的PBRSUs獎勵,根據計劃的條款和條件以及PBRSU協議的條款和條件授予給您(在授予日期後儘快提供)。PBRSUs將在2024年1月1日至2026年12月31日期間受績效影響,屬於2024-2026 PBRSU週期,並將與在2024-2026 PBRSU週期中其他類似職位的官員設定的相同績效目標和調整器一起。所賺取的獎勵實際金額將基於公司業績確定,並將受到薪酬和人力資本委員會批准的績效計劃的條款和條件約束。本週期獲得的任何PBRSUs在2027年3月會解鎖所有獲得的股份,前提是您在解鎖日期繼續與ebay公司保持僱傭關係。
您還將被授予價值100萬美元的補充股權獎,根據計劃的條款和條件以及RSU協議的條款和條件授予給您(將在授予日期後儘快提供給您)。這些RSU在兩年內按如下方式歸屬並變爲不可放棄(假設您在每個歸屬日期繼續與ebay公司就業):授予日期的首個週年日的50%,授予日期的第二個週年日的50%。
從2025年開始,您將有資格根據ebay的年度審查流程獲得年度授予。您的年度累計授予目標價值爲$4,500,000。

所有員工都需要遵守ebay的內幕交易協議,該協議詳細規定了公司人員進行證券交易的程序和指導方針。您將收到一份ebay的內幕交易協議副本,請仔細閱讀。作爲您入職過程的一部分,您將被要求執行該認證。

補充支付
您將有資格領取一次2024年度獎金補償款$575,000(扣除稅款和適用稅項)。2024年度獎金補償款將在2025年3月15日或之前支付,前提是您在支付日仍然保持在職狀態。

您將有資格收到一次性權益補償支付1,金額爲$2,500,000。該支付將在您的開始日期後的兩個支付週期內支付,視您在支付日期繼續受僱而定。如果您的僱傭因是否定原因(如《還款要求協議》中所定義的術語)或在您的開始日期起至一年服務期滿前辭職而終止,已支付給您的權益補償支付1的淨額部分(扣除或適用稅款後的淨額)將完全退還給公司。如果您的僱傭因是否定原因或一年後辭職但在您的開始日期起三週年前終止,您的還款義務將每滿一個完整月的在職時間減少1/36。一年後若辭職但在您的開始日期起三週年前終止,您無需歸還權益補償支付1。
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員工在本公司工作三年後,有解僱要求。附有償還要求協議。

您將有資格收到一筆唯一的補償款項2,金額爲$2,000,000。此款項將於2025年12月1日發放工資時支付,以繼續在支付日期當天保持就業爲條件。如果由於「原因」(該術語在還款要求協議中定義)或辭職導致您在支付日期後兩年內停止就業,則已支付給您的補償款項2淨額(扣除款項或應繳稅款後)應退還給公司,前提是您的還款義務會隨着支付日期後每個完整月份的實際就業而減少1/24。在支付日期後與公司就業兩年之後終止就業則無需償還補償款項2。附有還款要求協議。

員工福利
您將享有ebay通常提供給與您類似職位員工的福利。請查閱福利計劃文件以獲得更多詳細信息,包括資格要求。ebay保留自行決定隨時修改、更改或取消福利的權利。

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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