Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - SYBASE INC | f54955e8vk.htm |
| EX-99.5 - EX-99.5 - SYBASE INC | f54955exv99w5.htm |
| EX-99.6 - EX-99.6 - SYBASE INC | f54955exv99w6.htm |
| EX-99.3 - EX-99.3 - SYBASE INC | f54955exv99w3.htm |
| EX-99.4 - EX-99.4 - SYBASE INC | f54955exv99w4.htm |
| EX-99.2 - EX-99.2 - SYBASE INC | f54955exv99w2.htm |
Exhibit 99.1
February 10, 2010
John Chen
Chairman, CEO, and President
One Sybase Drive
Dublin, CA 94568
(Delivered by hand)
Chairman, CEO, and President
One Sybase Drive
Dublin, CA 94568
(Delivered by hand)
Dear John:
This is to inform you of your 2010 compensation as approved by the Sybase, Inc. Compensation
Committee and ratified by the Board of Directors:
| 1. | Cash Compensation (effective January 1, 2010) |
| 1. | Annual base salary: $1,000,000 | ||
| 2. | Incentive bonus target: $1,500,000 | ||
| 3. | Total target cash compensation (TTC): $2,500,000 |
The terms of the incentive bonus are set out in the Executive Leadership Team Incentive Plan
(ELTIP).
| 2. | Long-Term Incentives |
| (a) | Sybase Stock Option Grant (4-year service vest) |
| • | 95,974 options |
| (b) | Restricted Stock Grant (3-year cliff vest) |
| • | 28,804 shares |
| (c) | Restricted Stock Grant (1-year performance period; 3-year cliff vest) |
| • | 86,412 shares |
The vesting terms are set out in the relevant equity award grant agreement.
I also want to take this opportunity to thank you for your contributions in 2009. I look forward
to your support and contributions in 2010.
Sincerely,
/s/ Michael A. Daniels
Michael A. Daniels
Chairman, Compensation Committee
Sybase, Inc. Board of Directors
Chairman, Compensation Committee
Sybase, Inc. Board of Directors
cc John Chen’s HR File