Document:

Exhibit

    	
		
	
	Tableau Software, Inc.
1621 N. 34th St.
Seattle, WA  98103  USA
Phone: (206) 633-3400

July 20, 2018
Damon Fletcher
Tableau Software, Inc.
1621 N. 34th Street 
Seattle, Washington 98103

Dear Damon: 
As you know, you are currently employed by Tableau Software, Inc. (the "Company") as its Chief Financial  Officer, per the appointment of the Company's Board of Directors on June 29, 2018.  You joined the Company pursuant to the terms of an offer letter from the Company dated December 26, 2013 (the "Original Offer Letter").  The terms and conditions set forth herein shall become effective as of the date of the above-referenced Board appointment, and shall supersede and replace the terms and conditions set forth in your Original Offer Letter.
1.    Position.  
Your current position is Executive Vice President, Chief Financial Officer, reporting to the Chief Executive Officer, working out of the Company's office in Seattle, Washington.  You shall devote your best efforts and full business time, skill and attention to the performance of your duties for the Company.  
2.    Compensation.
Your base salary is $370,000 per year, payable in accordance with the Company's regular payroll schedule.  You are also eligible to receive a discretionary bonus of up to 60% of your base salary, based on the achievement of certain Company, department and individual performance criteria.        
3.    Benefits.  
You are eligible to participate in the Company's benefit plans and programs, subject to the terms and conditions of those plans.  You are also eligible for severance benefits under the Executive Change in Control Severance Agreement approved by the Compensation Committee of the Board of Directors of the Company.  You are not eligible for any severance benefits other than those set forth in such agreement.
4.    Equity.
You have been granted restricted stock units (the "RSUs") which shall continue to be governed by the terms of the applicable equity plan, grant notice, option and RSU agreements.  You remain eligible to receive additional equity grants in the future in the discretion of the Board of Directors and / or the Compensation Committee.    

    	
		
	
	Tableau Software, Inc.
1621 N. 34th St.
Seattle, WA  98103  USA
Phone: (206) 633-3400

5.    Employee Confidentiality and Inventions Assignment Agreement.  
You are expected to continue complying with the terms of the Employee Confidentiality and Inventions Assignment Agreement that you executed in connection with the commencement of your employment.
6.    At-Will Employment.  
Employment with the Company is for no specific period of time.  Your employment with the Company remains "at will," meaning that either you or the Company may terminate your employment at any time, with or without cause or advance notice.  This "at will" employment relationship also means that the Company may change your job duties, title, compensation and benefits, as well as other terms and conditions of employment, with or without cause or advance notice.  The "at will" nature of your employment, however, may only be changed in a written agreement approved by the Board of Directors and/or Compensation Committee, signed by you and a duly authorized member or authorized designee of the Board of Directors and / or Compensation Committee.      
7.    Outside Activities.  
While you render services to the Company, you agree that you will not engage in any other employment, consulting or other business activity without the written consent of the Company.  While you render services to the Company, you also will not assist any person or entity in competing with the Company, in preparing to compete with the Company or in hiring any employees or consultants of the Company.
8.    Entire Agreement.  
This letter, together with your equity documentation, the Employee Confidentiality and Inventions Assignment Agreement, your Change in Control Severance Agreement and your Indemnification  Agreement, represents the entire agreement between you and the Company on such subject matters and supersedes and replaces any prior representations, promises, understandings or agreements, whether oral or written, between you and the Company regarding the subject matter described in this letter, including the Original Offer Letter.  This letter agreement may only be changed in a written document approved by the Board of Directors and/or Compensation Committee, signed by you and a duly authorized member or authorized designee of the Board of Directors and / or Compensation Committee.      
9.    Choice of Law.  
This Agreement is to be governed by the laws of the state of Washington without reference to conflicts of laws principles.  In case any provision contained in this agreement shall, for any reason, be held to be invalid or unenforceable in any respect, such invalidity or unenforceability shall not affect the other provisions of this Agreement, and such provision will be reformed, construed and enforced so as to render it valid and enforceable consistent with the general intent of the parties insofar as possible.

    	
		
	
	Tableau Software, Inc.
1621 N. 34th St.
Seattle, WA  98103  USA
Phone: (206) 633-3400

Please sign below to indicate your acceptance of these terms.
Sincerely,
TABLEAU SOFTWARE, INC.
	
	
	/s/ Keenan Conder

Keenan Conder
I have read and accept the terms set forth herein:
	
	
	/s/ Damon Fletcher

Damon Fletcher  
Dated:  August 3, 2018Exhibit

FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
This First Amendment (this “Amendment”), dated as of August 1, 2018 (the “Effective Date”), by and between Hostess Brands, LLC (together with Hostess Brands, Inc., the “Company”) and Andrew P. Callahan (the “Executive”) amends the Employment Agreement, dated April 12, 2018, (the “Employment Agreement”), between the Company and the Executive.  Capitalized terms used herein but not defined shall have the meanings ascribed to such terms in the Employment Agreement.
WHEREAS, the Company and the Executive have agreed upon new contractual terms governing the Compensation Committee’s grant to the Executive of performance share units; and
WHEREAS, pursuant to Section 23 of the Employment Agreement, the Company and the Executive wish to amend the Employment Agreement to provide for these new contractual terms;
NOW, THEREFORE, in consideration of the premises, and of the agreements and other good and sufficient consideration set forth herein, the Company and the Executive hereby agree as follows:
1.Effective as of the Effective Date, Section 2(c) of the Employment Agreement is hereby deleted in its entirety and replaced with the following:
“(c)    Long Term Incentive Opportunity.  In order to further align the Executive with the Company’s stockholders, the Compensation Committee will grant the Executive restricted stock units (“RSUs”), non-qualified stock options (“SOs”), and performance share units (“PSUs”) related to performance during the performance periods described below, with an aggregate grant date value (based on the closing price of a share of Company common stock on the Employment Date) of $2,700,000, subject to the terms and conditions of the Hostess Brands, Inc. 2016 Equity Incentive Plan (the “Equity Incentive Plan”) within ninety (90) days after the Employment Date (the “Sign-On Equity”).  The Sign-On Equity shall vest as follows: (i) RSUs: in equal or nearly equal installments of one-third of the award on each of the first, second, and third anniversaries of the Employment Date, (ii) SOs: in equal or nearly equal installments of one-fourth of the award on each of the first, second, third, and fourth anniversaries of the Employment Date and (iii) PSUs: 50% of which shall be subject to vesting on May 7, 2020 based upon the Company’s achievement of the applicable performance goal during the two-year performance period beginning on May 7, 2018 and ending on May 7, 2020, and 50% of which shall be subject to vesting on May 7, 2021 based upon the Company’s achievement of the applicable performance goal during the three-year performance period beginning on May 7, 2018 and ending on May 7, 2021 (each, the “PSU Vesting Date”), subject, in each case, to the Compensation Committee’s certification following the applicable performance period of the extent to which the performance goal has been satisfied, and subject further to the Executive’s continued employment with the Company through the applicable PSU Vesting Date.  The parties agree that in the event of any termination of Executive’s 

employment except by the Company for Cause or a voluntary resignation by the Executive without Good Reason, the PSUs will become vested based on achievement of the applicable performance goal through the termination date, and pro-rated for the Executive’s period of employment, as further described in the applicable award agreement.  The Company and the Executive shall enter into award agreements for each long term incentive award on terms substantially similar to the Company’s form award agreements, as revised to reflect the terms set forth herein.  The Executive shall be eligible to receive long-term incentive awards in respect of each fiscal year after 2018 during the Term under the Equity Incentive Plan in an amount and on terms established by the Compensation Committee, with the target award/grant for fiscal years after 2018 expected to be no less in value than the Sign-On Equity absent material share price declines or performance shortcomings of the Executive.  The Executive’s Sign–On Equity and subsequent equity grants and related grant agreements shall incorporate the definitions of Cause and Good Reason provided in this Agreement, and shall provide for full acceleration of vesting of equity in connection with a Change in Control Termination as that term is defined in the HB Key Executive Severance Benefit Plan, as in effect at the time of the Executive’s termination of employment with the Company (the “Severance Plan”).”
2.    The Employment Agreement, as amended by this Amendment, constitutes the entire and exclusive agreement between the parties with respect to the subject matter hereof. All previous discussions and agreements with respect to the subject matter of this Amendment are superseded by this Amendment.
3.    Except as expressly amended hereby, all terms, conditions and provisions of the Employment Agreement, as amended, shall remain in full force and effect.  This Amendment shall form a part of the Employment Agreement for all purposes.
4.    This Amendment may be executed in counterparts and by facsimile or other electronic means, including by portable document format (PDF), each of which shall be deemed to have the same legal effect as an original and together shall constitute one and the instrument.
5.    Each party represents and warrants that it has the full power and authority to enter into this Amendment.

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IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date and year first above written.

    
    
	
				
	 
	COMPANY
	 

	 
	 
	 
	 

	 
	By:
	/s/ Michael J. Cramer
	 

	 
	Name:    
	Michael J. Cramer
	 

	 
	Title:
	EVP, Chief Administrative Officer
	 

	 
	Date:
	August 1, 2018
	 

	 
	 
	 
	 

	 
	 
	 
	 

	 
	EXECUTIVE
	 

	 
	 
	 
	 

	 
	By:
	/s/ Andrew P. Callahan
	 

	 
	Name:
	Andrew P. Callahan
	 

	 
	Date:
	August 1, 2018
	 

	 
	 
	 
	 

    
    
    

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