EX-10.1










EXHIBIT 10.1




May 25, 2012



Amílcar L. Jordán-Pérez


PO Box 5306,


Caguas PR, 00726



Dear Mr. Jordán-Pérez:



We are pleased by your acceptance to become part of Triple-S Management in the position of Chief
Financial Officer, starting on July 2, 2012.



The details of this offer are:




	 	•	 	Annual base salary — $400,000, includes Christmas Bonus.






	 	•	 	Discretional performance bonus of up to 50% of base salary, subject to compliance with
your objectives and the Company’s financial results; and is granted at the Board of
Directors’ discretion.






	 	•	 	Long-term incentive in stock equivalent to $250,000 annually. This incentive, as well as
its guidelines, is granted at the Board of Directors’ discretion and can be changed or
amended annually.






	 	•	 	A competitive benefit package that includes:






	 	•	 	family health insurance, with dental and pharmacy coverage,






	 	•	 	savings plan upon completing one year of employment,






	 	•	 	life insurance policy,






	 	•	 	organ and tissue transplant coverage,






	 	•	 	short-term disability insurance






	 	•	 	long-term disability insurance upon completing one year of employment,






	 	•	 	services such as: on-site health clinic, gym, wellness and health
program, leisure areas, employee assistance program, among others.





We look forward to greeting you on your starting date, at 8:00 AM in the Human Resources Division,
to complete the hiring process and to receive from you the documents detailed in Addendum B. The
offer is contingent upon favorable results of the verification of academic degree, prior
employment, references, background and pre-employment tests.



At Triple-S Management, we look forward to having you begin your new functions. We are counting on
you to help us reach the goals to which are committed. We trust that this experience will be
pleasant, professionally enriching and of benefit for both parties.



This offer is valid until June 1st, 2012



Cordially,



/s/ Iraida Ojeda

Iraida Ojeda

Vice President



Human Resources Division



	 	 	 	 	 	 	 
	ACCEPTED BY:

	 	/s/ Amílcar Jordan
	 	START DATE:
	 	7-2-12
	
 
	 	 
	 	 	 	 
	PRINTED NAME:

	 	Amílcar Jordan
	 	DATE:
	 	5-31-12
	
 
	 	 
	 	 	 	 






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Human Resources Division




Attachment B

Required Documents to Complete your Recruitment Process





	1.	 	Certificate of No Penal Record from the Puerto Rico Police Department issued no longer than
the past six months. This certificate can be acquired through the internet: www.pr.gov.






	2.	 	Health certificate issued within a year of your hire date (tuberculin or lung x-ray, and
VDRL). This test can be processed at Unimed (Universal Medical Option, Inc.) the charge of
this test will be covered by the candidate.






	3.	 	Birth certificate (in original) issued in accordance to PR Law 191 from 2009, amended. (For
additional information as to how to request your birth certificate you can visit the Puerto
Rico Government portal in internet: www.pr.gov.)






	4.	 	One identification1 (original).






	5.	 	Social Security card (in original). (If the social security card is used as an
identification document of “list C” from the I-9 form, it cannot be laminated and has to be
signed.)






	6.	 	Marriage certificate, if applicable (original).






	7.	 	Birth certificate (original) of direct dependents (offspring).






	8.	 	Deposit stub to checking account, void check, or deposit stub to savings account with printed
account number.






	9.	 	Higher education institution or University’s official credit transcript in original to be
delivered by mail to:






HUMAN RESOURCES DIVISION


TRIPLE-S


PO BOX 363628


SAN JUAN PR 00936-3628




The candidate will bring the receipt for the requested transcript.




The company will not accept transcripts handed by the candidate, even if sealed.




	10.	 	Evidence of courses, certifications, seminars, licenses, or other trainings relevant to the
position.






	11.	 	Postal address and fax number of past employers.






	1	 	Enclosed is a list of the accepted documents.
2 All original documents will be returned to the employee.






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