Document:

snap-ex101_429.htm

Exhibit 10.1

July 12, 2019 

 

Rebecca Morrow 

Via email

 

Dear Rebecca, 

 

Congratulations! Snap Inc. (the “Company”) is pleased to offer you a Full time, Exempt, Regular position as follows, subject to approval by the Company’s Board of Directors (the “Board”): 

 

Offer Summary 

Offer Expiration Date: 07/14/2019 

Initial Title: Chief Accounting Officer & Controller

Start Date: 09/03/2019 

Work Location: 3340 Ocean Park Blvd Santa Monica, California 90405 

Compensation: Annual Salary of $400,000.00 

RSA: 275,000 Shares, subject to the terms below. 

 

You will be paid biweekly, subject to applicable payroll deductions and withholdings. In addition, employees qualify for a range of benefits. Check out the enclosed benefits documents for more details, or contact recruiting for the current suite of benefits available to you. The Company may change compensation and benefits at its discretion. 

 

Under the Snap Inc. 2017 Equity Incentive Plan or any successor equity plan (the “Plan”), and subject to approval by the Board, the Company will grant you an award of restricted stock awards (“RSA”) of the number of shares stated in the offer summary above. All of the shares issued to you under your RSA will initially be subject to forfeiture, but the forfeiture condition will lapse in equal quarterly installments over four years so long as you remain an employee. The vesting dates of your grant will be set by the Board after your start date and you will be notified of the same. The Company may, in its sole discretion, elect to withhold or sell on your behalf that number of shares required to cover the taxes, withholdings, and other similar obligations due upon the vesting of your RSAs (i.e., as the forfeiture condition lapses). In all cases, your RSA grant will be subject to the terms and conditions of the Plan and the applicable grant agreement. 

 

You are being offered employment at the Company because of the personal skills and experience you have, not because you have any confidential, proprietary, or trade-secret information of a former or current employer. In your work for the Company, we do not want you to use or disclose any such confidential, proprietary, or trade-secret information. Likewise, as an employee of the Company, you may learn about confidential, proprietary, or trade-secret information related to the Company and its clients. To protect the interests of both the Company and its clients, all employees are required to read and sign the enclosed Confidential Information and Inventions Assignment Agreement. Also enclosed for your review and signature is the Conflict of Interest Agreement, the Acknowledgement of At-Will Employment, and the Company’s Arbitration Agreement, which provides that all disputes arising out of your employment must be resolved through binding arbitration. You are required to sign all of the attached documents as a condition of employment at the Company.  We encourage you to read all these documents carefully, and to seek independent legal counsel if you have any questions about the meaning or scope of these documents. 

The Company retains the discretion to change your position, title, duties, and work location from time to time. As a Snap Inc. employee, you will be expected to follow Company policies and acknowledge in writing that you have read our Employee Handbook. With the exception of the “employment at-will” policy discussed below, the Company also retains the discretion to modify, eliminate, or draft additional policies at any time. 

 

Your employment with the Company is at-will. This means that you may terminate your employment with the Company at any time and for any reason whatsoever simply by notifying us. Likewise, the Company 

 

Exhibit 10.1

may terminate your employment at any time or change the terms and conditions of your employment, with or without cause or notice. By signing below, you agree to the at-will nature of your employment and acknowledge that this paragraph describing the at-will nature of your employment supersedes any other agreements or promises made to you by anyone, whether written or oral. Your employment at-will status can only be modified in a written agreement signed by an officer of Snap Inc.

 

If you accept our offer, we would like you to start on the date stated in the offer summary, above. This offer is contingent upon a background-check clearance, reference check, confirmation that you are not subject to any restrictive covenants that would interfere with your ability to perform your assigned duties at Snap, and satisfactory proof of your right to work in the United States. You agree to assist as needed and to complete any documentation at the Company’s request to meet these conditions. This offer letter supersedes any other agreements or promises made to you by anyone, whether oral or written. 

 

If you wish to accept employment at Snap Inc. under the terms described above, please sign and date this offer letter, the enclosed Confidential Information and Inventions Assignment Agreement, Conflict of Interest Agreement, Acknowledgement of At-Will Employment, Export Control Laws Compliance Screening Form, and Arbitration Agreement, and return them all to me by the expiration date stated in the offer summary above. 

 

We’re excited to have you join the team! 

 

Sincerely, 

 

/s/ Scott Withycombe

Scott Withycombe
Senior Director, Human Resources

 

Accepted and agreed: 

 

/s/ Rebecca Morrow

Rebecca Morrow 

 

Date:  July 12, 2019

dateHere1snap-ex103_316.htm

Exhibit 10.3

 

[*] = Certain confidential information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) would be competitively harmful if publicly disclosed.

 

 

Snap Pricing Addendum No. 9 for Google Cloud Platform

 

This Addendum No. 9 (the “Addendum”) amends the Google Cloud Platform License Agreement or the Google Cloud Master Agreement previously entered into between Google (“Google”) and the customer in the signature block below (the “Customer”) (as applicable, the “Agreement”). Capitalized terms used but not defined in this Addendum have the meaning given to them in the Agreement. This Addendum will be effective from the date countersigned by the last party (the “Addendum Effective Date”). 

 

	
 
	
1.
	
Additional Definitions.

 

	
 
	
A.
	
“BQ Discount Period” means the period starting [*] the Addendum Effective Date and continuing until the duration of the Term.
	
 

 

	
 
	
B.
	
“Stackdriver Discount Period” means the period starting on the Addendum Effective Date and continuing until the end of the Discount Periods set forth in Exhibit A – Pricing Exhibit of the Agreement.
	
 

 

	
 
	
2.
	
Discount. The discounts listed in this Section 2 will replace any prior negotiated pricing or discounts for the respective SKUs described below. 

 

	
 
	
A.
	
BigQuery Discount. During the BQ Discount Period, Customer will get BQ compressed storage SKU for [*] per month per GB. The customer commits to keeping its BQ compressed storage usage at a minimum of [*] (uncompressed storage) for the duration of the contract.

 

	
 
	
B.
	
Stackdriver Discount

 

	
 
	
i.
	
Fixed Price Discount.  During the Stackdriver Discount Period, Customer will pay the fixed price specified below for the following Stackdriver Logging and Monitoring SKU’s: 

 

			
	
Stackdriver Service
	
SKU
	
Fixed Discounted Price

	
Log Volume
	
143F-A180-E0BE
	
$[*] per gibibyte

	
Metric Volume
	
A924-09D0-8854
	
$[*] up to [*] mebibyte

 

$[*] per mebibyte for [*] to [*] mebibyte

 

$[*] per mebibyte for [*] to [*] mebibyte

 

$[*] per mebibyte for [*] mebibyte and above

 

Exhibit 10.3

 

[*] = Certain confidential information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) would be competitively harmful if publicly disclosed.

 

 

 

	
 
	
ii.
	
Post Stackdriver Discount Period.  Unless the parties mutually agree otherwise, if Customer continues to use the Stackdriver Service after the Stackdriver Discount Period, Customer will automatically move to an on-demand pricing model based on the Fees listed at the Fees URL:  “https://cloud.google.com/skus”

 

	
 
	
3.
	
Miscellaneous. All other terms and conditions of the Agreement remain unchanged and in full force and effect. If the Agreement and the Addendum conflict, the Addendum will govern. This Addendum is subject to the “Governing Law” section in the Agreement.
	
 

 

Signed by the parties’ authorized representatives.

 

GOOGLECUSTOMER: Snap Inc.

 

By: /s/ Philipp SchindlerBy: /s/ Karl D’Adamo

 

Name: Philipp SchindlerName: Karl D’Adamo

 

Title: Authorized SignatoryTitle: Director of Engineering

 

Date: 2019.09.24Date: Sep 17, 2019snap-ex104_317.htm

 

Exhibit 10.4

 

[*] = Certain confidential information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) would be competitively harmful if publicly disclosed.

Snap Pricing Addendum No. 10 for Google Cloud Platform

 

This Addendum (the “Addendum”) amends the Google Cloud Platform License Agreement or the Google Cloud Master Agreement previously entered into between Google (“Google”) and the customer in the signature block below (the “Customer”) (as applicable, the “Agreement”). Capitalized terms used but not defined in this Addendum have the meaning given to them in the Agreement. This Addendum will be effective from the date countersigned by the last party (the “Addendum Effective Date”).

 

	
 
	
1.
	
Additional Definitions.

	
 
	
A.
	
“Discount Period” means the period starting [*] the Addendum Effective Date and continuing until the duration of the Term.

	
 
	
2.
	
Discount Period.

A.During the Discount Period, Customer will get [*] discount off of then-current list prices for N2 and C2 VMs, Cloud Machine Learning Engine (CMLE) and Cloud Vision API. 

 

B.During the Discount Period, Customer will also get a [*] discount off of then-current list prices for Coldline Storage.

	
 
	
3.
	
Miscellaneous. All other terms and conditions of the Agreement remain unchanged and in full force and effect. If the Agreement and the Addendum conflict, the Addendum will govern. This Addendum is subject to the “Governing Law” section in the Agreement.

Signed by the parties’ authorized representatives.

 

		
	
GOOGLE
	
CUSTOMER: Snap Inc.

	
By: /s/ Philipp Schindler
	
By: /s/ Karl D’Adamo

	
Name: Philipp Schindler
	
Name: Karl D’Adamo

	
Title: Authorized Signatory 
	
Title: Director of Engineering

	
Date: 2019.09.26
	
Date: Sep 17, 2019

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00300-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00300-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00300-of-00352.parquet"}]]