EX-10.2
from 8-K
6 pages
Dear James, Congratulations! On Behalf of Symbotic, We Are Excited to Offer You the Position of Chief Technology Officer Based at USA Remote & Travel – Wa Location. This Position Will Report to Symbotic’s Chief Executive Officer, Rick Cohen. Your Anticipated Start Date Will Be October 1, 2024. We Feel Your Background and Experience Will Be a Beneficial Addition to Our Team. the Focus, Intensity and Dedication You Bring With You Will Prove Valuable as We Continue the Work of Building Symbotic Into One of the Most Admired Companies in America. Compensation You Will Receive an Annual Base Salary of $800,000, Subject to Appropriate Withholdings and Deductions, Paid in Accordance With Symbotic’s Payroll Schedule, Which Is Currently Bi-Weekly Payments Paid One Week in Arrears. Incentive Plan
12/34/56
EX-10.1
from 8-K
2 pages
January 23, 2025 Mike Dunn Senior Vice President, Sales, Marketing & Product Strategy Re: Letter of Intent Dear Mike, the Purpose of This Letter of Intent Is to Formally Confirm Our Recent Discussions Regarding the Evolution of Your Role, and Your Desire to Be Set Up to Focus on Managing the Relationship With Walmart. the Detail Below Summarizes the Change in Title, Additional Benefits and Equity Grant as Discussed. Updated Title • Chief Customer Officer Executive Housing • Fully Furnished Corporate Housing in/Near Wilmington, Ma • Fully Furnished Corporate Housing in/Near Bentonville, Ar Travel • Jet Card Benefit, Providing Up to 25 Hours of Private Aviation Access Each Year. This Perk Is Intended to Provide Support for Unexpected Schedule and Route Challenges That May Occasionally Arise With Commercial Travel. Equity Award
12/34/56
EX-10.1
from 8-K
6 pages
Congratulations! On Behalf of Symbotic, We Are Excited to Offer You the Position of Chief Financial Officer Based Out of Our Wilmington, Massachusetts Office. This Position Will Report to Symbotic’s Chief Executive Officer, Rick Cohen. Your Anticipated Start Date Will Be July 1, 2025, or a Date as May Be Mutually Agreed by You and Mr. Cohen. We Feel Your Background and Experience Will Be a Beneficial Addition to Our Team. the Focus, Intensity and Dedication You Bring With You Will Prove Valuable as We Continue the Work of Building Symbotic Into One of the Most Admired Companies in America. Compensation You Will Receive an Initial Annual Base Salary of $650,000, Subject to Appropriate Withholdings and Deductions, Paid in Accordance With Symbotic’s Payroll Schedule, Which Is Currently Bi-Weekly Payments Paid One Week in Arrears. Incentive Plan
12/34/56
EX-10.2
from 8-K
5 pages
Congratulations! On Behalf of Symbotic, We Are Excited to Offer You the Position of Chief Financial Officer Based Out of Our Wilmington, Massachusetts Office. This Position Will Report to Symbotic’s Chief Executive Officer, Rick Cohen. Your Anticipated Start Date Will Be October 23, 2023, or a Date as May Be Mutually Agreed by You and Mr. Cohen. We Feel Your Background and Experience Will Be a Beneficial Addition to Our Team. the Focus, Intensity and Dedication You Bring With You Will Prove Valuable as We Continue the Work of Building Symbotic Into One of the Most Admired Companies in America. Compensation You Will Receive an Initial Annual Base Salary of $600,000, Subject to Appropriate Withholdings and Deductions, Paid in Accordance With Symbotic’s Payroll Schedule, Which Is Currently Bi-Weekly Payments Paid One Week in Arrears. Incentive Plan
12/34/56