Document:

Form of Supplement to Offer Letter

 Exhibit 10.18 
 [                ], 2011 
 [                ] 
 Dear [            ], 
 On behalf of LinkedIn Corporation (“LinkedIn” or the “Company”), I am pleased to notify you that LinkedIn’s Compensation Committee has approved certain additional
severance protection for you in the event of a Change of Control (as defined in your offer letter). This letter supplements your original offer letter and stock option grants. 

 

	 	1.	 Change of Control Severance. 

 We recognize that upon a change of control, it is appropriate to provide you with additional protection if your employment is involuntarily terminated without cause and/or you are constructively
terminated (as defined in your offer letter) in connection with a change of control. 
 Accordingly, if you become entitled to
the acceleration of vesting of your stock options under the change of control provisions of your original offer letter and/or stock option grants, then, subject to the terms and conditions set forth in Exhibit A, you also will be entitled to
the following severance payments and benefits: 
  

	 	•	 	 A lump sum payment equal to twelve (12) months of your base salary at the rate in effect on the date of your termination, or, if greater, the
rate in effect immediately prior to the Change of Control; 

  

	 	•	 	 A lump sum payment equal to your annual target bonus (corporate and individual performance components at 100% of annual target) for the year of
termination, or, if greater, your annual target bonus in effect immediately prior to the Change of Control; 

  

	 	•	 	 if you timely elect continuation coverage pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended
(“COBRA”) for you, your spouse and eligible dependants, as applicable, the Company will pay directly on your behalf the monthly premiums under COBRA for such coverage until the earliest of (A) twelve (12) months following
the effective date of such termination, or (B) the date upon which you begin other employment that provides for health coverage benefits. In addition, and notwithstanding anything to the contrary in this paragraph, if the Company determines in
its sole and reasonable discretion that it cannot pay directly on your behalf or reimburse you the COBRA premiums without potentially violating applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the
Company will in lieu thereof provide to you a taxable monthly payment in an amount equal to the monthly COBRA premium that you would be required to pay to continue your group health coverage in effect on the date of such termination, which payments
will be made regardless of whether you elect COBRA continuation coverage. For purposes of clarification, the previous sentence does not impact your ability to elect COBRA coverage. If the Company chooses make payments under this paragraph

	 	 
rather than paying the COBRA premiums directly on your behalf or directly reimbursing you, the amounts paid to you will include any additional amounts necessary to put you in the same after-tax
position as if the Company had made COBRA payments directly on your behalf or directly reimbursed you for the same; and 

  

	 	•	 	 the amount of vesting that is to occur with respect to your stock options under your offer letter will apply as well to all of your outstanding
equity awards (whether or not in the form of stock options, restricted stock, or any other type of equity) that remain unvested as of the date of your termination. 

 

	 	2.	 Full Force and Effect. 

 To the extent not expressly amended hereby, the terms of your offer letter and stock options grants will remain in full force and effect. 

 

	 	3.	 Entire Agreement. 

 This amendment and your offer letter, together with agreements relating to your outstanding equity awards (including without limitation, your stock option grants), constitute the full and entire
understanding and agreement between you and LinkedIn with regard to the subjects hereof and thereof. This amendment may be amended at any time only by mutual written agreement of you and LinkedIn. 

 

	 	4.	 Governing Law. 

 This amendment will be governed by the laws of the State of California (with the exception of its conflict of laws provisions). 
 [Signature Page to Follow] 

  
 -2-

 Sincerely, 
 [                    ] 
 [                    ] 
 LinkedIn Corporation 
 Agreed and Accepted as of: 

 

					
	  

 
	 		 	  

	 [            ]
	 		 	 Date

		 		 	
			
	  
 Address
	 		 	
			
	  
	 		 	

 [SIGNATURE PAGE TO CHANGE OF CONTROL SUPPLEMENT TO OFFER LETTER] 

  
 -3-

 EXHIBIT A 

The receipt of any severance benefits pursuant to your offer letter and this amendment is conditioned upon your
signing the Company’s then current standard form of release releasing the Company (or any successor entity), its officers, directors and affiliates from all liability whatsoever (the “Release”). The Release must become
effective and irrevocable no later than sixty (60) days following your termination of employment with the Company. No severance payments and benefits under your offer letter or this amendment will be paid or provided until the Release becomes
effective and irrevocable, and any such severance payments and benefits otherwise payable between the date of your termination of employment with the Company and the date the Release becomes effective and irrevocable will be paid on the 60th day following the date of your termination of employment with the
Company. 
 Notwithstanding anything to the contrary in this document, no severance payments or benefits
payable to you, if any, that, when considered together with any other severance payments or separation benefits, is considered deferred compensation under Section 409A (“Section 409A”) of the Internal Revenue Code of 1986, as
amended (together, the “Deferred Payments”) will be payable until you have a “separation from service” within the meaning of Section 409A. Similarly, no severance payments or benefits payable to you, if any, pursuant
to this letter that otherwise would be exempt from Section 409A pursuant to Treasury Regulation Section 1.409A-1(b)(9) will be payable until you have a “separation from service” within the meaning of Section 409A. Any
severance payments or benefits that would be considered Deferred Payments will be paid on, or, in the case of installments, will not commence until, the sixtieth (60th) day following your separation from service, or, if later, such time as required by the following paragraph.
Except as required by the following paragraph, any installment payments that would have been made to you during the sixty (60) day period immediately following your separation from service but for the preceding sentence will be paid to you on
the sixtieth (60th) day following your separation
from service and the remaining payments will be made as provided in this offer letter. 
 Further, if you are a “specified
employee” within the meaning of Section 409A at the time of your separation from service (other than due to death), any Deferred Payments that otherwise are payable within the first six (6) months following your separation from
service will become payable on the first payroll date that occurs on or after the date six (6) months and one (1) day following the date of your separation from service. All subsequent Deferred Payments, if any, will be payable in
accordance with the payment schedule applicable to each payment or benefit. Notwithstanding anything herein to the contrary, in the event of your death following your separation from service but prior to the six (6) month anniversary of your
separation from service (or any later delay date), then any payments delayed in accordance with this paragraph will be payable in a lump sum as soon as administratively practicable after the date of your death and all other Deferred Payments will be
payable in accordance with the payment schedule applicable to each payment or benefit. Each payment and benefit payable under the Agreement is intended to constitute a separate payment for purposes of Section 1.409A-2(b)(2) of the Treasury
Regulations. 

  
 -4-

 The provisions under this document are intended to comply with, or be exempt from, the
requirements of Section 409A so that none of the severance payments and benefits to be provided will be subject to the additional tax imposed under Section 409A, and any ambiguities herein will be interpreted to so comply or be exempt. You
and the Company agree to work together in good faith to consider amendments to this document and to take such reasonable actions, which are necessary, appropriate or desirable to avoid imposition of any additional tax or income recognition prior to
actual payment to you under Section 409A. In no event will the Company reimburse you for any taxes that may be imposed on you as result of Section 409A. 

  
 -5-2011 Executive Bonus Compensation Plan

 Exhibit 10.20 
 2011 EXECUTIVE BONUS COMPENSATION PLAN 
  

	•	 	 Bonus pool is funded by achievement of corporate plan, with pro-rata payment for achievement between 50% and 150%. 

 

	•	 	 Payout to eligible executives will be based 50% on Corporate Component and 50% on Individual Performance Component. 

 

	•	 	 Individual performance will be measured by CEO evaluation of executive’s demonstration of Leadership, Leverage and Results

  

	•	 	 Maximum plan funding is 150% of target, but individual bonus awards can exceed 150% of target with CEO discretion and with Board approval

 Plan Funding and Corporate Component (50% of Target Bonus)1 

 

																	
	 Corporate Plan
	  	Plan
Weight	 	 	50% Payout if results
above following but
below plan/target	 	 	100% Payout
Target	 	 	150% Payout
Target	 
	 Revenue
	  	 	20	% 	 	$	[***	] 	 	$	[***	] 	 	$	[***	] 
	 Members
	  	 	20	% 	 	 	[***	] 	 	 	[***	] 	 	 	[***	] 
	 Internal Uniques2
	  	 	20	% 	 	 	[***	] 	 	 	[***	] 	 	 	[***	] 
	 Page views
	  	 	20	% 	 	 	[***	] 	 	 	[***	] 	 	 	[***	] 
	 EBITDA
	  	 	20	% 	 	 	[***	] 	 	$	[***	] 	 	$	[***	] 

 Individual
Performance Component (50% of Target Bonus) 
 Based on CEO evaluation of executive’s performance
relative to Leadership, Leverage and Results: 
  

	 	•	 	 Leadership: Ability to inspire others to achieve shared objectives and uphold our culture and values 

 

	 	•	 	 Leverage: Specific measures of productivity 

  

	 	•	 	 Results: Span of control, scope of responsibility and overall contribution to achievement of corporate goals. 

 

	1	 Will be funded
based on % of overall Corporate Component achievement (e.g. if Corp Component funded at 90% then individual Component would be funded at 90% of 50%, or 45% of target bonus). 

	2	 Q4 average
Internal Uniques

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