Document:

EX-10.22

Exhibit 10.22

July 20, 2009

Josh Hanna

12 Horbury Crescent, Flat 2

London, W113NF

Dear Josh:

I am pleased to provide the following update to the elements of the remuneration package for
your position of SVP and GM of International for Ancestry.com Inc. (the “Company”) reporting
to the Company’s Chief Executive Officer, Tim Sullivan:

	 	 	 
	Salary:
	 	$220,000 annualized, payable semi-monthly according to normal Company payroll policy.
Effective date will be July 1, 2009
	 
	 	 
	Bonus:
	 	Target annual bonus of 60% of Salary based upon Company and individual performance
goals established by the Company per the terms and conditions of the Company’s
Performance Incentive Program. You must be employed by the Company at the time of the
bonus payout in order to receive the payout.
	 
	 	 
	Expatriate Benefits:

	 
	 	 
	 
	 	During the term of your expatriate assignment in the Greater London, United
Kingdom area, you will be eligible to receive the following benefits (which
benefits shall immediately cease upon the end of your expatriate assignment
and your return to the United States, or, if earlier, upon your termination
of employment with the Company for any reason):
	 
	 	 
	 
	 	Approximately 30% of your salary shall be payable in pounds with the
remainder payable in U.S. dollars.
	 
	 	 
	 
	 	Expatriate Allowance: Effective with the 2009 calendar year, you will be
provided with an annual expatriate allowance in the amount of £125,000,
which amount is intended to replace certain previously paid or reimbursed
expenses as covered by the Company in connection with your expatriate
assignment. This amount may be adjusted by the CEO by up to 10% per year to
accommodate anticipated increases in expatriate-related expenses.
	 
	 	 
	 
	 	Tax Equalization Policy: You will be covered under the terms of the
Company’s Tax Equalization Policy. The purpose of this policy is that you
will pay no more or less tax on your base salary and bonus than you would
pay had you remained in your home country. This is accomplished by
deducting an amount equivalent to home income and social taxes that would be
assessed on base salary and bonus from your compensation.

 

 

	 	 	 
	 
	 	Once the liability is satisfied, the Company is responsible for the actual
incremental income taxes and social taxes assessed on income paid (including
the Expatriate Allowance) by the Company during the foreign assignment.
	 
	 	 
	 
	 	US taxes assessed on personal income such as interest, dividends, and
capital gains will be borne by you in total. When the US tax return is
filed, a reconciliation will be prepared which will ensure that both the
Company’s and your obligations have been met. All tax reimbursements due to
you at the time of reconciliation become taxable income and therefore will
be increased or “grossed up” by the additional estimated tax liability in
order to compensate you for the added tax burden. Notwithstanding anything
herein to the contrary, all terms of the tax equalization policy shall
survive your termination of employment and/or repatriation regardless of the
reason for termination or resignation for all US and UK tax years during
which your were employed by the Company on your foreign service assignment.
	 
	 	 
	 
	 	Tax Preparation: You are responsible for ensuring that all tax returns are
filed timely with the applicable authorities in the host and, if applicable,
home locations. The Company will provide you with and pay for the services
of a tax preparer for both home and host country tax returns while the
employee is employed by the Company on his foreign service assignment as
well as for all US and UK tax years during which the employee was employed
by the Company on his foreign service assignment after his termination,
resignation or re-patriation. Prior to the effective date for the foreign
assignment, the Company will provide the employee with the services of a tax
preparer for the purpose of implementing the most effective tax planning
strategies. Should you choose to use another preparer, no reimbursement
will be made.
	 
	 	 
	 
	 	Emergency Leave: The Company will pay for round-trip economy airfare if you
need to return to the United States as a result of serious illness or death
in your immediate family. If you or your family members develop a medical
problem that cannot be adequately treated at the assignment location, the
Company will pay to send you to the nearest location equipped to provide the
required treatment.
	 
	 	 
	 
	 	Completion of Assignment: At the end of the term of your expatriate
assignment (currently anticipated to be August 30, 2011) you will either: (i) return to your home country, (ii) upon mutual consent of both the
Company and you, extend this agreement for an agreed upon period or (iii)
transfer to another host location. The Company is responsible for the
payment of relocation costs to return to the United States including:

a) Shipment of Household Goods — The Company will assign a mover to
ship your goods to the United States. The Company will reimburse
100% more on the return than on the initial transfer.

b) Personal and Family Travel Expenses — You and each accompanying
family member will receive a one-way business class air ticket to
your
assigned location. In addition, you will be reimbursed for all
ground transportation and expenses enroute.

c) Temporary Living Expenses — The Company will provide you with
temporary living expenses in the United States for up to 90 days
after repatriation, if necessary.

 

 

Change from International Agreement to Local Terms: Should the term of your
expatriate assignment be extended beyond August 31, 2011, the Company
reserves the right to amend the assignment terms and conditions to reflect
its local employment practices.

In addition to the foregoing, you have the opportunity to continue to participate in all
available benefits offered generally to employees of the Company from time to time. These
currently include paid time off, holidays, health, dental, life, disability, a Section 125
cafeteria plan, tuition reimbursement and the Company’s 401(k) retirement plan, all subject to
the Company’s policies and procedures. The scope and extent of employee benefits offered by
the Company may change from time to time. As a condition to your employment by the Company,
you will be required to sign the Company’s standard Agreement to Protect Company Property, a
copy of which is enclosed with this letter.

Employment with Ancestry.com Inc. is for no specific period of time and constitutes “at will”
employment. Both you and Ancestry.com Inc. are free to terminate our at-will employment
relationship at any time for any reason, with or without cause and with or without notice.
Notwithstanding the foregoing, if the Company terminates your employment without Cause (and
other than as a result of your death or disability) or you resign for Good Reason, you will be
eligible for a severance package as follows:

The Company will pay you a severance amount equal to six (6) months of Salary paid out over
regular Company payroll periods. In addition, following any such termination of employment
you will be entitled to an additional severance payment equal to 80% of your Average Annual
Bonus, prorated based on the number of months you were employed during the year of
termination. For purposes of this offer letter, “Average Annual Bonus” means the average
annual bonus earned by you under the Company’s Performance Incentive Program (or successor
annual bonus program) for the year of termination for performance over the two (2) years
preceding the year of termination or the previous bonus payment if less than two (2) years.
In each case outlined above, the severance payments are contingent upon your signing a general
release of claims in favor of the Company and such release of claims becoming irrevocable
prior to the date of payment. Additionally, in the event of such a termination of employment
the Company will reimburse you and any covered dependents for your medical benefit COBRA
premiums for a period of six (6) months following your termination.

In the event that within three (3) months before or within twelve (12) months following a
Change of Control you are terminated by the Company without Cause (and other than as a result
of your death or disability), or you resign for Good Reason, you will be entitled to the
aforementioned severance package and immediate vesting as to a total of fifty percent (50%) of
your then unvested options. In addition, the period for which you will be eligible to receive
reimbursement for COBRA medical premiums will be increased to a total of twelve (12) months.

In the event that your employment terminates during the term of your expatriate assignment for
any reason other than a termination by the Company for Cause or your resignation without Good
Reason, in addition to the severance benefits described above, you will remain on the
Company’s payroll and receive the same benefits outlined in this agreement until you are
returned to the United States (up to a maximum

 

 

 of three (3) months), and the Company will cover the costs for your return to the United
States as indicated in the Completion of Assignment section above.

Notwithstanding anything herein to the contrary, in the event of your voluntary resignation
without Good Reason or termination of employment by the Company for Cause during the term of
your expatriate assignment, the Company will bear no cost in your relocation to the United
States, however the Company’s obligations under the tax equalization policy will survive the
termination of your employment for all US and UK tax years during which you were employed by
the Company on your foreign service assignment.

For purposes of this offer letter, “Cause” means gross negligence in carrying out your duties
for the Company or any breach of fiduciary duties to the Company, conviction of, or plea of
guilty or no contest to any felony, any act of fraud or embezzlement, material violation of a
Company policy or any unauthorized use or disclosure of confidential information or trade
secrets of the Company or its affiliates, or failure to cooperate in any Company
investigation. Neither bad judgment nor mere negligence nor an act of omission reasonably
believed by you to have been in, or not opposed to, the interests of the Company, shall
constitute examples of gross negligence.

For purposes of this offer letter, “Change of Control” results when: (i) any person or entity
who is not a controlling shareholder as of the date of the employment letter becomes a
beneficial owner, directly or indirectly, of securities of the Company (or parent corporation)
representing fifty percent or more of the total voting power of all of the Company’s (or
parent corporation’s) then outstanding voting securities, (ii) a merger or consolidation of
the Company (or any parent corporation) in which the Company’s (or any parent corporation’s)
voting securities immediately prior to the merger or consolidation do not represent, or are
not converted into securities that represent, a majority of the voting power of all voting
securities of the surviving entity immediately after the merger or consolidation, or (iii) a
sale of all or substantially all of the assets of the Company (or any parent corporation) or a
liquidation or dissolution of the Company (or any parent corporation). For purposes of this
offer letter, in the event that the Company (or any parent corporation) conducts an Initial
Public Offering, the IPO will not be considered a “Change of Control” and will not trigger the
Change of Control terms stated above.

For purposes of this offer letter, you can resign for “Good Reason” within twelve (12) months
following a change of control and within ninety (90) days after the occurrence of any of the
following without your consent: a material reduction of your compensation, duties, title,
authority or responsibilities, relative to your compensation, duties, titles, authority or
responsibilities or the assignment to you of such reduced duties, title, authority or
responsibilities.

For purposes of this offer letter, you can resign for “Good Reason” within ninety (90) days
after the occurrence of any of the following without your express written consent: (i) a
material reduction of your base compensation, or (ii) a relocation of your principal place of
employment to a facility or location more than one hundred (100) miles from the current
location of the Company’s Corporate offices as in effect on the date upon which this offer
letter is executed, unless the move is part of a relocation of the Company’s main corporate
offices.

Notwithstanding anything herein to the contrary, no event described above shall constitute
Good Reason unless (x) you provide the Company notice of such event within thirty (30) days
after the first occurrence

 

 

 or existence thereof, which notice specifically identifies the event that you believe
constitutes Good Reason and (y) the Company fails to cure such event within thirty (30) days
after delivery of such notice.

Any other changes to our at-will employment relationship will be effective only if contained
in a written agreement for that purpose, signed by you and the Company’s CEO or Chairman of
the Board.

This letter sets forth the key terms of your proposed employment by the Company, but is not
intended and shall not be construed as an employment contract. By signing below, you accept the
terms of employment as outlined above and with the understanding that the employment
relationship established by this offer letter is “at-will”. At-will employment means that
either you or the Company may terminate the employment relationship at any time, with or without
notice, and with or without cause. The Company, as an at-will employer, reserves the right to
modify, revoke, suspend, terminate or change any or all such terms of employment, in whole or in
part, at any time with or without notice. Nothing in terms of employment, either implied or
expressed, is to be viewed as an employment contract. Regarding confidentiality, you agree not
to divulge, furnish, or make accessible to anyone outside Ancestry.com Inc. any knowledge or
information coming into your possession during your employment with respect to confidential or
secret documents, processes, plans, formulae, devices or material relating to the business and
activities of Ancestry.com Inc.

By signing this letter, you confirm to the Company that you are under no contractual or other
legal obligation that would prohibit you from performing your duties for the Company as
described herein.

By signing this letter you acknowledge that the provisions of this restated offer letter have
been read, are understood, and the continued employment on the terms and conditions described
herein is herewith accepted. This offer letter, together with the agreements specifically
referenced herein, supersedes and preempts all prior or contemporaneous oral or written
understandings and agreements with respect to the subject matter hereof between you and the
Company, including, without limitation, that certain Expatriate Agreement Letter of
Understanding dated May 2008 between you and Ancestry.com Inc. Please signify your acceptance
of this updated offer and to further indicate that you understand that this letter does not
constitute an employment contract, by signing where indicated below and returning this letter
to me by July 27, 2009.

If you have any additional questions, please feel free to contact me at (801) 705-7011.

Sincerely,

/s/ Tim
Sullivan
Tim Sullivan
CEO
Ancestry.com Inc.

Accepted
and agreed to this
27th day of July, 2009.

/s/ Josh Hanna
Josh HannaEX-10.23

Exhibit 10.23

July 20, 2009

David Rinn

3030 Quarry Mountain Rd

Park City, UT 84098

Dear David:

I am pleased to provide the following update to the elements of the remuneration package for
your position of SVP Strategy and Corporate Development for Ancestry.com, Inc. reporting to
Tim Sullivan in our corporate office in Provo, Utah as follows:

	 	 	 
	Salary:

	 	$246,960 annualized, payable semi-monthly according to normal Company payroll policy.
	 
	 	 
	Bonus:

	 	Target annual bonus of 50% of Salary based upon Company and individual performance
goals established by the Company per the terms and conditions of the Company’s
Performance Incentive Program. You must be employed by the Company at the time of the
bonus payout in order to receive the payout.

In addition to the foregoing, you have the opportunity to continue to participate in all
available benefits offered generally to employees of the Company from time to time. These
currently include paid time off, holidays, health, dental, life, disability, a Section 125
cafeteria plan, tuition reimbursement and the Company’s 401(k) retirement plan, all subject to
the Company’s policies and procedures. The scope and extent of employee benefits offered by
the Company may change from time to time. As a condition to your employment by the Company,
you will be required to sign the Company’s standard Agreement to Protect Company Property, a
copy of which is enclosed with this letter.

Employment with Ancestry.com Inc. is for no specific period of time and constitutes “at will”
employment. Both you and Ancestry.com Inc. are free to terminate our at-will employment
relationship at any time for any reason, with or without cause and with or without notice.
Notwithstanding the foregoing, if the Company terminates your employment without Cause (and
other than as a result of your death or disability) or you resign for Good Reason, you will be
eligible for a severance package as follows:

The Company will pay you a severance amount equal to six (6) months of Salary paid out over
regular Company payroll periods. In addition, following any such termination of employment
you will be entitled to an additional severance payment equal to 80% of your Average Annual
Bonus, prorated based on the number of months you were employed during the year of
termination. For purposes of this offer letter, “Average Annual Bonus” means the average
annual bonus earned by you under the Company’s Performance Incentive Program (or successor
annual bonus program) for the year of termination for performance over the two (2) years
preceding the year of termination or the previous bonus payment if less than two (2) years.

In each case outlined above, the severance payments are contingent upon your signing a general
release of claims in favor of the Company and such release of claims becoming irrevocable
prior to the date of payment. Additionally, in the event of such a termination of employment
the Company will reimburse

 

 

you and any covered dependents for your medical benefit COBRA
premiums for a period of six (6) months following your termination.

In the event that within three (3) months before or within twelve (12) months following a
Change of Control you are terminated by the Company without Cause (and other than as a result
of your death or disability), or you resign for Good Reason, you will be entitled to the
aforementioned severance package and immediate vesting as to a total of seventy-five percent
(75%) of your then unvested options. In addition, the period for which you will be eligible
to receive reimbursement for COBRA medical premiums will be increased to a total of twelve
(12) months.

For purposes of this offer letter, “Cause” means gross negligence in carrying out your duties
for the Company or any breach of fiduciary duties to the Company, conviction of, or plea of
guilty or no contest to any felony, any act of fraud or embezzlement, material violation of a
Company policy or any unauthorized use or disclosure of confidential information or trade
secrets of the Company or its affiliates, or failure to cooperate in any Company
investigation. Neither bad judgment nor mere negligence nor an act of omission reasonably
believed by you to have been in, or not opposed to, the interests of the Company, shall
constitute examples of gross negligence.

For purposes of this offer letter, “Change of Control” results when: (i) any person or entity
who is not a controlling shareholder as of the date of the employment letter becomes a
beneficial owner, directly or indirectly, of securities of the Company (or parent corporation)
representing fifty percent or more of the total voting power of all of the Company’s (or
parent corporation’s) then outstanding voting securities, (ii) a merger or consolidation of
the Company (or any parent corporation) in which the Company’s (or any parent corporation’s)
voting securities immediately prior to the merger or consolidation do not represent, or are
not converted into securities that represent, a majority of the voting power of all voting
securities of the surviving entity immediately after the merger or consolidation, or (iii) a
sale of all or substantially all of the assets of the Company (or any parent corporation) or a
liquidation or dissolution of the Company (or any parent corporation). For purposes of this
offer letter, in the event that the Company (or any parent corporation) conducts an Initial
Public Offering, the IPO will not be considered a “Change of Control” and will not trigger the
Change of Control terms stated above.

For purposes of this offer letter, you can resign for “Good Reason” within twelve (12) months
following a change of control and within ninety (90) days after the occurrence of any of the
following without your consent: a material reduction of your compensation, duties, title,
authority or responsibilities, relative to your compensation, duties, titles, authority or
responsibilities or the assignment to you of such reduced duties, title, authority or
responsibilities.

For purposes of this offer letter, you can resign for “Good Reason” within ninety (90) days
after the occurrence of any of the following without your express written consent: (i) a
material reduction of your base compensation, duties, title or responsibilities or the
assignment to you of such reduced duties, title or responsibilities, or (ii) a relocation of
your principal place of employment to a facility or location more than one hundred (100) miles
from the current location of the Company’s Corporate offices as in effect on the date upon
which this offer letter is executed,
unless the move is part of a relocation of the Company’s main corporate offices (iii) the
failure of the Company to obtain the assumption of this agreement by any successors.

Notwithstanding anything herein to the contrary, no event described above shall constitute
Good Reason unless (x) you provide the Company notice of such event within thirty (30) days
after the first occurrence

 

 

or existence thereof, which notice specifically identifies the
event that you believe constitutes Good Reason and (y) the Company fails to cure such event
within thirty (30) days after delivery of such notice.

Any other changes to our at-will employment relationship will be effective only if contained
in a written agreement for that purpose, signed by you and the Company’s CEO or Chairman of
the Board.

This letter sets forth the key terms of your proposed employment by the Company, but is not
intended and shall not be construed as an employment contract. By signing below, you accept the
terms of employment as outlined above and with the understanding that the employment
relationship established by this offer letter is “at-will”. At-will employment means that
either you or the Company may terminate the employment relationship at any time, with or without
notice, and with or without cause. The Company, as an at-will employer, reserves the right to
modify, revoke, suspend, terminate or change any or all such terms of employment, in whole or in
part, at any time with or without notice. Nothing in terms of employment, either implied or
expressed, is to be viewed as an employment contract. Regarding confidentiality, you agree not
to divulge, furnish, or make accessible to anyone outside Ancestry.com Inc. any knowledge or
information coming into your possession during your employment with respect to confidential or
secret documents, processes, plans, formulae, devices or material relating to the business and
activities of Ancestry.com Inc.

By signing this letter, you confirm to the Company that you are under no contractual or other
legal obligation that would prohibit you from performing your duties for the Company as
described herein.

By signing this letter you acknowledge that the provisions of this restated offer letter have
been read, are understood, and the continued employment on the terms and conditions described
herein is herewith accepted. This offer letter, together with the agreements specifically
referenced herein, supersedes and preempts all prior or contemporaneous oral or written
understandings and agreements with respect to the subject matter hereof between you and the
Company, including, without limitation, that certain offer letter dated June 2004 between you
and Ancestry.com Inc. Please signify your acceptance of this updated offer and to further
indicate that you understand that this letter does not constitute an employment contract, by
signing where indicated below and returning this letter to me by July 27, 2009.

If you have any additional questions, please feel free to contact me at (801) 705-7011.

Sincerely,

/s/ Tim
Sullivan

Tim Sullivan

CEO

Ancestry.com Inc.

Accepted
and agreed to this
31st day
of July, 2009.

/s/ David Rinn

David Rinn

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