Document:

Exhibit

PERSONAL AND CONFIDENTIAL 
June 21, 2019    /s/ Kathy Cullen-Cote

Kathy Cullen-Cote

Dear Kathy,
I am delighted to extend you this offer of employment with Teradata Corporation and its affiliates (“Teradata” or “Company”) as Chief Human Resources Officer, based in San Diego, and reporting to Oliver Ratzesberger, President and Chief Executive Officer.
This letter outlines the key elements of your compensation and related arrangements. Since your role will be as an executive officer with Teradata, all outlined compensation elements are subject to the review and formal approval of the Compensation and Human Resource Committee of Teradata’s Board of Directors (the “Committee”), and your appointment as an executive officer is subject to the review and formal approval by Teradata’s Board of Directors.
Base Salary: Your base salary will be paid at a rate of $450,000 on an annualized basis, less payroll deductions and withholdings, and paid on the Company’s normal payroll schedule.
Management Incentive Plan: You will be eligible to participate in Teradata’s Management Incentive Plan (the “MIP”), a performance-based annual incentive program for executive officers. Under the MIP, the Committee establishes an annual bonus program based upon financial and/or strategic performance results achieved by Teradata, as well as each eligible employee’s individual performance against their business objectives. We are recommending to the Committee that it approve an MIP target incentive opportunity of 80% of your eligible gross base salary, which would bring your total targeted annual incentive compensation to $360,000. The period of your eligibility under the MIP will begin the first full month following your start date of employment, and your incentive opportunity will be pro-rated based upon the portion of your base salary earned during your eligibility period. Incentive awards are subject to discretionary adjustment by the Committee as outlined in the MIP and, if earned, are paid in the first calendar quarter following the program year.
Annual Equity Award (Performance-Based / Restricted Share Units): You will be eligible to participate in Teradata’s annual equity award program for executive officers. Annual awards are typically determined by the Committee in the first quarter each year and are generally compromised of a mixture of performance-based restricted share units (“PBRSUs”) and service-based restricted share units (“RSUs”). The precise nature of the award and vesting schedules will be determined by the Committee in its discretion. Teradata anticipates granting you an Annual Equity Award for 2019, consisting of PBRSUs and RSUs with a grant date value of $2,200,000, subject to approval by the Committee. This Annual Equity Award would be effective the 1st of the month following your hire date. The grant would be split between PBRSUs (70%) and RSUs (30%), with the PBRSUs subject to a three (3)-year cliff vesting period and the RSUs vesting in three (3) equal annual installments. For clarity, going forward beginning in 2020, you will be granted annual equity awards under the Company’s annual equity award program for executive and such awards will not be pro-rated in value. The Annual Equity Award will be governed by the terms and conditions of the Teradata 2012 Stock Incentive Plan, as amended (“Plan”) and your PBRSU and RSU equity award agreements, which you will be required to accept in connection with the award.  In addition, for avoidance of doubt, Teradata’s standard practice with respect to the settlement of PBRSU awards is to distribute any vested shares earned in connection with such awards promptly after the performance achievement is certified by the Committee in the first quarter following the end of the applicable performance period.  
New Hire Grant Restricted Stock Unit Award: Subject to approval by the Committee, Teradata anticipates awarding you a one-time grant of service-based RSU’s with a grant value of $2,200,000 (“New Hire Grant”). The actual number of RSUs for your New Hire Grant will be determined by taking the value of the award on the effective date of grant and dividing it by the preceding 20-day average of Teradata stock but not including, the date of the grant (the “New Hire Equity Effective Date”). The New Hire Grant will vest in one-third increments on each anniversary of the New Hire Equity 

Effective Date until vested in full at the end of a three-year period, subject to your continued employment with Teradata on each applicable vesting date and other terms and conditions set forth in the Plan and your equity award agreement.
Cash Signing Bonus: You are eligible to receive a one-time cash signing bonus in the amount of $300,000, minus applicable taxes and withholdings. This sum is payable in the first payroll cycle after you have completed thirty (30) days of continuous and satisfactory employment with Teradata. However, your signing bonus is not considered earned until you have completed twelve (12) continuous months of employment with Teradata. 
If your employment is terminated for Cause or if you terminate your employment for any reason between twelve (12) and twenty-four (24) months of employment of your first day of employment with Teradata, you agree to repay $100,000 of the signing bonus, and Teradata may withhold these sums from any compensation otherwise due you. For purposes of this agreement, “Cause” shall have the same definition set forth in Teradata’s 2012 Stock Incentive Plan.
Stock Ownership Guidelines: Executive positions are subject to Teradata's Stock Ownership Guidelines holding requirement as established by the Committee (currently, 35,000 shares), which are subject to change from time to time in the Committee’s discretion.
Officer/Executive Severance Plan and Change in Control: We will recommend to the Committee that you be eligible to participate as a Level I participant in the Teradata Executive Severance Plan (the “ESP”) and as a participant under the Teradata Change in Control Severance Plan (the “CIC Plan”). We anticipate that you would be designated by the Committee as an eligible participant in both plans effective upon your start date of employment with Teradata; however, each plan is subject to amendment or termination by Teradata in accordance with the terms of each plan, and your participation in the ESP is subject to your signing a participation agreement under the ESP. A copy of each plan, as well as the participation agreement for the ESP, will be provided to you under separate cover. 
Relocation: It is currently expected that, after an initial two (2) year period, you will be relocated under a managed move and eligible for reimbursement of up to $200,000 for moving and relocations expenses that are incurred during your relocation.  Relocation expenses covered include: a return house hunting trip to San Diego for you and your immediate family, lodging, transportation, and household goods shipping, shipment of 2 cars, and 30 days of temporary housing prior to your formal relocation. You must complete the necessary expense forms, pursuant to Teradata’s expense reimbursement policies and procedures, within thirty (30) days of incurring the associated expense. Upon mutual agreement concerning the exact timing of your relocation after the initial two (2) year period after you start employment with Teradata, your relocation process will be initiated, and a relocation counselor will be in contact with you to discuss your personal relocation needs. You should not incur any relocation expenses or initiate any relocation plans until you have discussed your situation with your assigned relocation counselor. If: (i) your employment is terminated by Teradata for Cause, or (ii) you terminate your employment for any reason, in either case within two (2) years of the date of first disbursement of any relocation monies or the completion of your relocation (whichever is later), you will be required to repay to Teradata the full relocation costs and any relocation expenses paid to you or on your behalf, and Teradata may withhold these sums from any compensation otherwise due you, consistent with applicable law. If you voluntarily cancel your relocation for any reason, you must repay all relocation reimbursements and allowances provided during the relocation process, including all expenses which were billed directly to Teradata. 
Travel Allowance: Because you are generally expected to work from Teradata’s office in San Diego when you are not otherwise traveling for business, subject to Committee approval, you will be eligible to commute to San Diego as a company business expense. Such benefits include commuting cost of airfare, lodging and a rental car or ride services. Travel expenses will be reimbursed upon receipt, in accordance with the Company’s Travel and Expense Policy not to exceed $5,000 per month. The Company will not assume any liability for lease agreements should you wish to lease an apartment. You shall be responsible for payment of all applicable income tax in connection with such expenses directly paid for by the Company or reimbursed to you by the Company.  
Tax Matters: Teradata agrees to reasonably cooperate with you to amend your offer letter to the extent you deem necessary to avoid imposition of any additional tax under Section 409A of the Internal Revenue Code, as amended, but only to the extent such amendment would not have a more than de minimis adverse effect on Teradata and is approved by the Committee. Notwithstanding any other provision of your offer letter, Teradata may withhold from any amounts payable hereunder, or any other benefits received pursuant hereto, such minimum federal, state and/or local taxes as shall be required to be withheld under any applicable law or regulation.
Benefits: As an employee of the Company, you will be eligible to participate in the standard benefit plans offered to similarly situated employees by Teradata from time to time, subject to plan terms and generally applicable company policies. A full description of these benefits is available for your review. Teradata may change its benefit programs from time to time in its discretion.
By accepting this offer of at-will employment, you agree to the Conditions of Employment outlined in Attachment A, including but not limited to the restriction of disclosure of any trade secret or confidential/proprietary information during 

your employment at Teradata, satisfactory outcome of background and reference checks, and proof of identity and legal authorization to work.
This letter, together with Attachment A and your Employee Confidential Information and Inventions Assignment Agreement, forms the complete and exclusive statement of your employment agreement with Teradata. It supersedes any other agreements or promises made to you by anyone, whether oral or written. Changes in your employment terms, other than those changes expressly reserved to Teradata’s discretion in this letter, require a written modification signed by an officer of Teradata.
Kathy, we are excited to provide this offer and look forward to the contributions you will bring to the Teradata team; I hope you share this enthusiasm. This offer will remain effective until June 25 2019 and assumes a start date of July 29, 2019 if not sooner. The final offer letter and new hire documents are processed through our on-line portal which allows electronic signature; a copy of this offer letter and the new hire documents will be delivered through the portal for your review and approval following a verbal acceptance.
If you have any questions regarding the details of this offer, please do not hesitate to contact me. Sincerely,
Oliver Ratzesberger
President & Chief Executive Officer

ATTACHMENT A
CONDITIONS OF EMPLOYMENT
Teradata requires employment candidates to successfully complete various employment documentation and processes. This offer of employment is conditioned upon your satisfying and agreeing to the criteria outlined below. You agree to assist as needed and to complete any documentation at the Company’s request to meet these conditions. You assume any and all risks associated with terminating any prior or current employment or making any financial or personal commitments based upon Teradata’s conditional offer.
Pre-employment Background and Reference Checks: This offer of employment is conditioned upon successful completion of a background and reference checks. By accepting this offer and these conditions you will agree to provide Teradata permission to conduct both of these checks and release the results to Teradata designated officials. Following acceptance of the offer you will receive an e-mail with the subject Action Required to Complete Background Check for Teradata Employment with a link to initiate the background check process. Please submit your information within three days of receipt of the link.
U.S. Employment Eligibility. As required by federal law, you must provide satisfactory proof of your right to work in the United States. You will be required to complete an I-9 form and submit acceptable documentation (as noted in the I-9 form) verifying your identity and work authorization within three (3) days of your employment start date.
Confidential Information. You must read, execute, and agree to abide by Teradata’s Employee Confidential Information and Invention Assignment Agreement, which prohibits unauthorized use or disclose of Teradata’s proprietary information, among other obligations.
Mutual Agreement to Arbitrate. You must read, execute, and agree to abide by Teradata’s Mutual Agreement to Arbitrate all Employment Related Claims, which provides for final and binding arbitration of any unresolved employment-related disputes that may arise between you and Teradata.
Code of Conduct & Conflicts of Interest Certifications. You agree to read and abide by Teradata’s Code of Conduct and to disclose in writing all actual and potential conflicts of interest which pertain to you. Teradata’s Code of Conduct, which includes the contact information for Teradata’s Ethics Helpline, will be provided to you on your first day of employment, and can also be accessed here: https://assets.teradata.com/pdf/Code-of-Conduct.pdf. You will be required to take Teradata’s Code of Conduct training and certify in writing your commitment to reading and complying with the Code of Conduct and disclosing all conflicts in interest no later than thirty (30) days after your employment start date. An email with a link to the training will be sent you on or shortly after your start date of employment.
No Employment Restrictions. By accepting and signing this document, you certify to Teradata that you are not subject to any restrictions by virtue of any prior employment which would preclude or restrict you from performing the position being offered in this letter, such as non-competition, non-solicitation, or other work-related restrictions. This offer is further conditioned upon Teradata confirming that there are no export restrictions applicable to your employment
No Improper Use of Information of Prior Employers and Others. Teradata respects the intellectual property rights of other companies. You should not bring with you to your Teradata position any confidential information, including trade secrets, of any former employer or other person to whom you have an obligation of confidentiality, nor in any other way disclose or use such information while employed by Teradata. Rather, you will be expected to use only that information which is generally known and used by persons with training and experience comparable to your own, which is common knowledge in the industry or otherwise legally in the public domain, or which is otherwise provided or developed by Teradata. Your managers and colleagues will be instructed to not accept any such confidential information of another company, and you will be subject to discipline up to and including termination of employment for disclosure of such information.
Employment At Will. This document reflects the general description of the terms and conditions of your employment with Teradata. Teradata has in place other policies which govern your employment relationship with Teradata, which it may change from time-to-time in its discretion. Your offer letter, this attachment, and these policies are not a contract of employment for any definite duration of time. Your employment at Teradata will be “at-will”, meaning either you or Teradata have the right to discontinue the employment relationship with or without cause at any time and for any reason whatsoever. Your employment at-will status can only be modified in a written agreement signed by you and by an officer of Teradata.EXHIBIT 10.2 

 

 

Execution
Version

 

The
Street

 

June
10, 2019 

 

 

Eric
Lundberg

P.O. Box 293

New Vernon, NJ 07976

Delivered
Via E-Mail – eric.lundberg@thestreet.com

 

Dear
Eric,

 

RE:
Employment Side Letter

 

As
you are aware, TheStreet, Inc. (the “Company”) intends to enter into a sale transaction (the “Transaction”)
following which the Company will become a wholly owned subsidiary of TheMaven, Inc. (“Parent”). The
purpose of this letter agreement (the “Agreement”) is to memorialize the understanding between you and
the Company regarding modifications to your existing employment rights and obligations effective as of, and contingent upon, the
closing of the Transaction (the “Closing”). If the Closing is not consummated, this Agreement will be
null and void.

 

This
Agreement represents a supplement to the following arrangements currently in place between you and the Company: (i) the letter
agreement you entered into with the Company on December 5, 2018 (the “Promotion Letter”), (ii) the Transaction
Severance Agreement between you and the Company dated May 18, 2018 (the “Transaction Severance Agreement”)
and (iii) the cash award letter dated February 14, 2019 (the “Cash Award Letter” and collectively with
the Promotion Letter and the Transaction Severance Agreement, the “Existing Agreements”). Except as
specifically modified herein, the Existing Agreements, as may have been modified through the date hereof, shall continue to govern
your rights and obligations with respect to your continued employment following the Closing.

 

1.                                       
Commitment to Continued Employment.
In exchange for the enhancements to your compensation as set forth in the Agreement, you agree that you will not resign, with
or without Good Reason (as defined in your Transaction Severance Agreement), during the three (3) month period immediately following
the Closing (the “Commitment Period”). During the Commitment Period, you will continue to receive your
base salary and be eligible for all other employee benefit programs of the Company.

 

2.                                     
Enhanced Cash Award.
The amount of the cash award payable to you under the Cash Award Letter shall be increased from $100,000 to $200,000.

 

3.                                     
Retention Bonuses.
The terms related to your payment retention bonuses set forth under the Promotion Letter shall be modified as follows:

 

		•	If
                                         not already paid as of the Closing, the First Cash Award (as defined in the Promotion
                                         Letter) shall be paid effective as of, contingent upon, the Closing.

 

		•	The
                                         Second Cash Award (as defined in the Promotion Letter) shall be paid on the Second Retention
                                         Date (as defined in the Promotion Letter), or such earlier date as permitted under Section
                                         409A (as defined below) without any adverse tax consequences to you; provided, however,
                                         that at your election, the Company will contribute the amount of the Second Cash Award
                                         to a Rabbi Trust for your benefit. If you elect a Rabbi Trust, the Company shall be responsible
                                         for all costs related to the implementation and maintenance of such Rabbi Trust.

    	 		 

     

    

 

		•	The
                                         unpaid portion of the Third Cash Award (as defined it he Promotion Letter) as of the
                                         Closing shall be accelerated and paid effective as of, and contingent upon, the Closing.

 

4.                                     
Pro-Rata Annual Bonus.
If you continue as an employee of the Company through the end of the Commitment Period, or you are terminated without Cause (as
defined in the Transaction Severance Agreement) prior to the end of the Commitment Period, you will receive an additional pro-rata
annual bonus for the entire Commitment Period equal to $56,250. If, by agreement, the Commitment Period is extended, the Pro-Rata
Bonus Amount will instead be calculated as an amount equal to (x)

$225,000
multiplied by (y) the number of days worked by you from the Closing to the date of your termination of employment, inclusive,
divided by 365 days.

 

5.                                     
Status.
Following the Closing, you may not be designated as an executive officer of the Company or the Parent without your express written
consent. Additionally, neither the Company nor the Parent will use your name or likeness, including, without limitation, posting
your name on the website or issuing a press release including your name, without your prior written consent.

 

6.                                     
At Will Status.
Your employment remains at-will, meaning that you and the Company may terminate the employment relationship at any time, with
or without cause, and with or without notice.

 

7.                                     
Section 409A; Bonus Program.
This Agreement is intended to comply with, or be exempt from, the requirements of Section 409A of the Internal Revenue Code of
1986, as amended (“Section 409A”) so that none of the payments or benefits will be subject to the additional
tax imposed under Section 409A, and any ambiguities herein will be interpreted to so comply or be exempt.

 

8.                                     
Prior Agreements; Amendment.
This agreement contains all of the understandings and representations between the Company and you relating to the modification
of your Existing Agreements and supersedes all prior and contemporaneous understandings, discussions, agreements, representations,
and warranties, both written and oral, with respect to any other modifications to your Existing Agreements. This Agreement may
not be amended or modified unless in writing signed by both the Company and you.

 

9.                                     
Governing Law.
This Agreement and all related documents including all exhibits attached hereto, and all matters arising out of or relating to
this agreement, whether sounding in contract, tort, or statute are governed by, and construed in accordance with, the laws of
the State of New York, without giving effect to the conflict of laws provisions thereof to the extent such principles or rules
would require or permit the application of the laws of any jurisdiction other than those of New York.

 

[Signature
Page Follows]

 

    	 		 

     

    

 

 

We
appreciate your hard work and continued efforts on behalf of the Company. Please contact me if you have any questions about this
Agreement.

 

 

	THESTREET, INC.	 	ERIC LUNDBERG	 
	 	 	 	 
	 	 	 	 
	By: /s/ Larry Kramer	 	_______________________________	 
	 	 	 	 
	Printed Name: Larry Kramer	 	Date: ___________________________	 
	 	 	 	 
	Title: Chairman of the Board of Directors	 	 	 
	 	 	 	 
	Date: 6/10/2019	 	 	 

 

 

    	 		 

     

    

 

 

We
appreciate your hard work and continued efforts on behalf of the Company. Please contact me if you have any questions about this
Agreement.

 

 

 

	THESTREET, INC.	 	ERIC LUNDBERG	 
	 	 	 	 
	 	 	 	 
	By: __________________	 	/s/ Eric Lundberg	 
	 	 	 	 
	Printed Name: Larry Kramer	 	Date: _________	 
	 	 	 	 
	Title: Chairman of the Board of Directors	 	 	 
	 	 	 	 
	Date: ________________

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