Attached files

file filename
10-K - FORM 10-K - Internap Corpt1700150_10k.htm
EX-32.2 - EXHIBIT 32.2 - Internap Corpt1700150_ex32-2.htm
EX-32.1 - EXHIBIT 32.1 - Internap Corpt1700150_ex32-1.htm
EX-31.2 - EXHIBIT 31.2 - Internap Corpt1700150_ex31-2.htm
EX-31.1 - EXHIBIT 31.1 - Internap Corpt1700150_ex31-1.htm
EX-23.1 - EXHIBIT 23.1 - Internap Corpt1700150_ex23-1.htm
EX-21.1 - EXHIBIT 21.1 - Internap Corpt1700150_ex21-1.htm
EX-10.34 - EXHIBIT 10.34 - Internap Corpt1700150_ex10-34.htm
EX-10.33 - EXHIBIT 10.33 - Internap Corpt1700150_ex10-33.htm
EX-10.32 - EXHIBIT 10.32 - Internap Corpt1700150_ex10-32.htm

 

 

 

Exhibit 10.35

 

 

 

 

Peter D. Aquino
President & CEO
Internap Corporation
703-919-0237

 

October 28, 2016

 

Mr. Robert M. Dennerlein

 

 

Bob,

 

To follow through on our discussions and interviews, I am pleased to offer for you on behalf of Internap Corporation, the position of SVP and Chief Financial Officer. This offer has the support of our Compensation Committee and Board of Directors, but will be subject to a background check and final board approval. I will advance this process once you accept our offer.

 

A summary of the offer is as follows:

 

Role and Responsibilities will include all aspects of the position of a public company CFO, as well as Corporate IT.  Section 16 Officer.
Reporting to the President & CEO
Primary location will be our Secaucus data center in NJ
Base Salary of $275K
Target Cash Bonus of 50%
Potential for additional cash bonus up to 100% subject to Compensation Committee discretion
Annual Equity Grant at a value of your base salary, or $275K to start.  This value will be converted into Restricted Stock, subject to a 3-year vest.  50% of the grant will be subject to time, and 50% will be subject to performance as part of the Compensation Committee’s approved metrics – TBD.
12 months severance, subject to clearing the first 90 days.  The Company will pay COBRA for the period under severance.  The severance amount will be paid over 12 months in the normal payroll cycle
Participation in Company benefits, including medical, dental, 401(k), etc.
4 weeks vacation

 

 

 

Private & Confidential – Internap Corporation

 

 

 

One Ravinia Drive | Suite 1300 | Atlanta, GA 30346 | www.internap.com

 

   

 

 

 

If these terms are acceptable to you, we will proceed expeditiously to work towards a November 14th start date. I appreciate your reply in the next couple of days.

 

 

/s/ Robert M. Dennerlein

/s/ Robert M. Dennerlein

 

 

/s/ Peter D. Aquino

Peter D. Aquino

 

 

 

cc: Chairman of the Compensation Committee – Charles B. Coe
Board of Directors

 

 

 

 

 

 

 

 

Private & Confidential – Internap Corporation

 

 

 

One Ravinia Drive | Suite 1300 | Atlanta, GA 30346 | www.internap.com