January 11, 2006<\/p>\n
Shelley Reynolds<\/p>\n
[Address]<\/p>\n
Dear Shelley:<\/p>\n
On behalf of Amazon Global Resources, Inc (the Company), I am very pleased to
\noffer you the position Vice President of Finance and Controller. This offer is
\ncontingent upon the completion of a background check and the Company’s review of
\nyour background check results and on the satisfactory completion of reference
\nchecks. This letter clarifies and confirms the terms of your employment with the
\nCompany.<\/p>\n
Start Date and Salary <\/strong><\/p>\n Unless we mutually agree otherwise in writing, you will commence employment Signing Bonus <\/strong><\/p>\n In appreciation for your decision to join us, the Company will pay you a Relocation <\/strong><\/p>\n For information about your relocation benefits, please review the attached Benefits <\/strong><\/p>\n You will also be entitled, during the term of your employment, to such Restricted Stock Unit Award <\/strong><\/p>\n Subject to Board of Directors’ approval, you will be granted a restricted Customer Connection <\/strong><\/p>\n You will participate in Amazon.com’s Customer Connection (“C2”) Program, P O BOX 81226, SEATTLE, WA 98108-1226<\/p>\n WWW AMAZON COM<\/p>\n<\/p>\n \n<\/p>\n Employment At Will <\/strong><\/p>\n If you accept our offer of employment, you will be an employee-at-will, Confidentiality, Noncompetition and Invention Assignment Agreement As a condition of your employment, you must sign the enclosed You should know that the agreement will significantly restrict your future Employment Eligibility <\/strong><\/p>\n To comply with immigration laws, you must provide Amazon com with evidence of Additional Provisions <\/strong><\/p>\n If you accept this offer, the terms described in this letter will be the If you wish to accept employment with the Company, please indicate so by Sincerely,<\/p>\n<\/td>\n<\/tr>\n \/s\/ Mark Peek<\/p>\n<\/td>\n<\/tr>\n Mark Peek<\/p>\n<\/td>\n<\/tr>\n Vice President and Chief Accounting Officer<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n ACCEPTANCE<\/p>\n I accept employment with Amazon Global Resources, Inc. under the terms set \/s\/ Shelley Reynolds<\/p>\n<\/td>\n 1-25-06<\/p>\n<\/td>\n Signature<\/p>\n<\/td>\n Date<\/p>\n<\/td>\n Shelley Reynolds<\/p>\n<\/td>\n P O BOX 81226, SEATTLE, WA 98108-1226<\/p>\n WWW AMAZON COM<\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[6645],"corporate_contracts_industries":[9492],"corporate_contracts_types":[9539,9544],"class_list":["post-40209","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-amazoncom-inc","corporate_contracts_industries-retail__books","corporate_contracts_types-compensation","corporate_contracts_types-compensation__employment"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/40209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=40209"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=40209"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=40209"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=40209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\non February 20, 2006. Your starting salary will be $125,000 annualized, payable
\nin accordance with the Company’s standard payroll practice and subject to
\napplicable withholding taxes. Because your position is exempt from overtime pay,
\nyour salary will compensate you for all hours worked.<\/p>\n
\n$400,000 signing bonus during your first year of employment, which will be paid
\nin twelve monthly installments, starting at the end of your first month, subject
\nto your continued employment. If you are employed with the Company on the
\none-year anniversary of your hire date, the company will pay you a second bonus
\nin the amount of $200,000 during your second year of employment, which will be
\npaid in twelve monthly installments, subject to your continued employment. Both
\nbonuses will be payable in accordance with the Company’s standard payroll
\npractice and subject to applicable withholding taxes. If your employment with
\nthe Company is terminated for any reason during your first three years of
\nemployment, any monthly payments will cease after the date of termination.<\/p>\n
\ndocument. If your employment with the Company is terminated for any reason prior
\nto the first anniversary of your start date, you will be responsible for
\nreimbursing the Company for any relocation expenses paid to you or incurred by
\nthe Company on your behalf, on a pro-rated monthly basis.<\/p>\n
\nvacation, medical and other employee benefits as the Company may offer from time
\nto time, subject to applicable eligibility requirements. The Company does
\nreserve the right to make any modifications in this benefits package that it
\ndeems appropriate. Please refer to the enclosed benefits documents for more
\ninformation. You are eligible to participate in Amazon.com’s 401(k) plan
\nfollowing receipt of a PIN number and Information Packet from the plan
\nadministrator. You are also eligible to enroll in our major medical plan on the
\nfirst day of the month coincident with or following the commencement of your
\nemployment.<\/p>\n
\nstock unit award with respect to 42,000 shares of Amazon.com common stock. This
\naward will vest and convert into shares of common stock at the rate of 20% after
\ntwo years of employment, an additional 10% every six months of employment
\nthereafter until fully vested. Your award will be documented by delivery to you
\nof a Restricted Stock Unit Award Agreement specifying the terms and conditions
\nof the award.<\/p>\n
\nwhich keeps our senior employees in direct contact with our customers. Under
\nthis program, you will work at our customer service center for three days during
\nyour first six months of employment and on a regular basis thereafter. You’ll
\nalso work at one of our fulfillment centers for five days during your first two
\nyears of employment. Please contact your Human Resources Generalist for more
\ninformation.<\/p>\n<\/p>\n
\n
\nmeaning that either you or the Company may terminate our relationship at any
\ntime for any reason, with or without cause. Any statements to the contrary that
\nmay have been made to you, or that may be made to you, by the Company, its
\nagents, or representatives are superseded by this offer letter.<\/p>\n
\n<\/strong><\/p>\n
\nConfidentiality, Noncompetition and Invention Assignment Agreement (the
\n“Agreement”). The Company’s willingness to grant you the restricted stock unit
\naward referred to above is based in significant part on your commitment to
\nfulfill the obligations specified in the Agreement.<\/p>\n
\nflexibility in many ways. For example, you will be unable to seek or accept
\ncertain employment opportunities for a period of 18 months after you leave the
\nCompany. Please review the agreement carefully and, if appropriate, have your
\nattorney review it as well.<\/p>\n
\nyour identity and eligibility for employment in the United States no later than
\nthree (3) business days of your date of hire. Please bring this documentation to
\nyour new hire orientation. If you are in visa status, you also must provide new
\nor renewed evidence of your eligibility for employment immediately prior to or
\nupon expiration of your visa authorization.<\/p>\n
\nterms of your employment, and this letter supersedes any previous discussions or
\noffers. Any additions to or modifications of these terms must be in writing and
\nsigned by you and an officer of the Company.<\/p>\n
\nsigning both copies of this letter and both copies of the enclosed
\nConfidentiality, Noncompetition and Invention Assignment Agreement, retaining
\none of each for your files. This offer and all terms of employment stated in
\nthis letter will expire at 5:00 PM Pacific Standard on January 21, 2006. We are
\nvery excited about the possibility of you joining us. I hope that you will
\naccept this offer and look forward to a productive and mutually beneficial
\nworking relationship. Please let me know if I can answer any questions for you
\nabout any of the matters outlined in this letter.<\/p>\n<\/p>\n\n\n
\n <\/td>\n<\/tr>\n \n \n \n <\/td>\n<\/tr>\n \n \n \n \n \n \n
\nforth in this letter:<\/p>\n<\/p>\n\n\n
\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n \n \n <\/td>\n <\/td>\n <\/td>\n \n <\/td>\n <\/td>\n<\/tr>\n \n \n <\/td>\n <\/td>\n <\/td>\n \n <\/td>\n <\/td>\n<\/tr>\n \n \n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n