Document:

EX-10.6

 Exhibit 10.6 
 [RINGCENTRAL LETTERHEAD] 
 March 31, 2008 

To: Praful Shah 
 Re: Offer Letter 

Dear Praful, 
 It is my
pleasure to offer you a full time position with RingCentral, Inc., a California corporation (the “Company” or “RingCentral”), as Vice President-Strategy (“VPS”), reporting to me. Your initial responsibilities will be to
establish a comprehensive messaging platform that would position RingCentral as undisputed leader in field unified communications for small businesses. You will also manage and drive all strategic corporate communications, including managing
relations with analysts, business press, strategic customers, investors, and other key influencers. As a senior member of the executive staff you will be acting as a strategic advisor to the CEO. You may also be asked from time to time to take
ownership of various tasks and projects that would be commensurate with your experience and Company’s needs. 
 Your
starting compensation plan will be as follows: 
  

	 	•	 	 Salary. Annual gross base salary of $220,000 per year (subject to standard withholding and payroll deductions), payable semi-monthly in
accordance with the Company’s payroll policies. 

  

	 	•	 	 MBO Performance Bonus. 

  

	 	•	 	 On a quarterly basis, you shall be eligible to receive a management-by-objective (MBO) bonus in the target gross amount of $15,000 per quarter ($60,000
per year). Half of your target quarterly MBO bonus will be based on Company MBO milestones and half will be based on individual MBO milestones. The Company MBOs are set forth in the Company’s business plan. Initially, your individual MBOs will
be set by mutual agreement on or before April 15; thereafter, your individual MBOs will be set by mutual agreement on or before the beginning of each quarter. The amount paid out each quarter will be based on the extent to which the Company and
you have achieved those milestones. 

  

	 	•	 	 On or before the
15th day of each fiscal quarter, you and the Company will
meet, confer and mutually agree in writing on your individual quarterly MBO performance milestone(s). The Company’s MBO performance milestone(s) will be set by the board at the beginning of each calendar year. 

 

	 	•	 	 All MBO performance bonuses shall be paid on a quarterly basis within 15 days after the end of each fiscal quarter. At the end of each quarter you will
deliver to the Company a written summary showing in reasonable detail the extent to which your milestone(s) were satisfied in the applicable fiscal quarter. At the end of each quarter 

	 	 
the Company will deliver to you a written summary showing in reasonable detail the extent to which the Company’s milestone(s) were satisfied in the applicable fiscal quarter. If the Company
and you disagree about whether an MBO milestone has been achieved, you and the Company shall promptly meet and confer in good faith to attempt to resolve the matter on mutually agreeable terms. 

 

	 	•	 	 Stock Options. Subject to board approval, you will be issued 486,292 stock options, which stock options are equal to one percent (1.0%) of
the fully-diluted capital stock of the Company. The exercise price of the stock options will be equal to the fair market value per share of the Company’s common stock on the date of grant. The Company is in the process of completing a 409A
valuation and your stock option grant will be approved at the Board meeting immediately following the completion of the 409A valuation. Your stock options shall be subject to the terms of the Company’s 2003 Equity Incentive Plan (the “2003
Plan”). All of your stock options shall vest over a 4-year vesting schedule as follows: provided you remain an employee of the Company, 25% of the stock options shall vest on the first anniversary of your employment start date, and the
remaining options shall vest in equal installments at the rate of 1/48th per month on a monthly basis thereafter. Subject to applicable law, your stock options will be issued as incentive stock options. 

 

	 	•	 	 Double-Trigger Stock Option Vesting Acceleration. If the Company consummates a “Change of Control (defined below) and (i) you are
terminated by the Company within 60 days prior to the Change of Control and/or not hired by the surviving / successor entity, or (ii) within 12 months after the Change of Control, your employment is terminated by the successor/surviving company
without cause or you terminate your employment with the successor/surviving company for “Good Reason” (defined below), then one hundred percent (100%) of your then unvested stock options shall immediately vest in full and be
exercisable on your termination date. 

  

	 	•	 	 “Change of Control” means the occurrence of any of the following events: (A) any consolidation or merger of the Company with or into any
other corporation or other entity or person, or any other corporate reorganization after which the stockholders of the Company immediately prior to such consolidation, merger or reorganization, fail to own at least 50% of the voting power of the
surviving entity immediately following such consolidation, merger or reorganization, (B) any transaction or series of related transactions to which the Company is a party in which in excess of fifty percent (50% ) of the Company’s voting
power is transferred, but excluding in the case of (A) and (B) (x) any consolidation or merger effected exclusively to change the domicile or state of incorporation of the Company, or (y) any transaction or series of transactions
principally for bona fide equity financing purposes in which cash is received by the Company or indebtedness of the Company is cancelled or converted or a combination thereof, or (C) a sale, lease or other disposition of all or substantially
all of the assets of the Company. 

  

	 	•	 	 “Good Reason” means any of the following actions taken by the Company or a successor corporation or entity without your consent:
(i) reduction of more than 5% of your rate of compensation; (ii) material reduction in your duties, provided, however, that a change in job position (including a change in title) shall not be deemed a “material reduction” unless
your new duties are substantially reduced from your prior duties; or (iii) relocation of your principal place of employment to a place greater than 50 miles from the Company’s then-principal executive offices. 

	 	•	 	 Benefits. You will be eligible to participate in the Company’s standard health benefits plan and will be provided with 10 Company
holiday-vacation days and 15 days of paid-time off in accordance with the Company’s policies for other employees of your position. Please note that the Company has contracted with an outsourced HR service provider to handle and administer the
Company’s accounting, payroll, benefits, vacation/paid-time off and other administrative matters. When you begin employment, you will be provided with a complete description of these Company policies. Also, because of the co-employment nature
of the relationship between the Company and the HR service provider, you may also be required to sign the HR service provider’s standard form of employment contract and any other administrative forms required by the HR service provider.

 As a condition of your employment, you will need to sign our standard employee invention assignment and
confidentiality agreement (“PIIA”). 
 For purposes of federal immigration law, you may be required to provide to us
documentary evidence of your identity and eligibility for employment in the United States. You must provide such documentation to us within three (3) business days of request as a condition of this offer and of your employment. Your failure to
comply with this condition gives us the right to immediately terminate our employment relationship with you. 
 Your continual
employment with the Company at all times is strictly “at will.” This means that you may terminate your employment with the Company at any time and for any reason whatsoever, simply by notifying the company. Likewise, the Company may
terminate your employment at any time and for any reason whatsoever, with or without cause or advance notice. In case of any such termination, the Company is under no obligation to pay you a severance and the Company shall have no outstanding
obligations to you except your right to exercise your then-currently vested stock options in accordance with 2003 Plan. This at-will employment relationship cannot be changed except in writing, signed by the Chief Executive Officer of the Company.

 Notwithstanding the foregoing, in the event of an involuntary termination of your employment by the Company without
“cause” (as defined below) at any time after October 7, 2008, you will be entitled to severance compensation equal to six (6) month’s base salary and all stock options that would have vested if you had remained employed by
Company in the 6 month period following such involuntary termination without cause shall become immediately vested and exercisable. All severance shall be paid over six months in accordance with the Company’s payroll procedures. For purposes of
this paragraph, “cause” means (i) conviction of a felony or any crime involving moral turpitude or dishonesty , (ii) a willful and substantial violation of the Company’s corporate policies, including but not limited to the
Company’s Code of Conduct or similar policy(s) described in the Company’s employee handbook, or (iii) your material failure to perform your duties and responsibilities to the Company that has not been cured within fifteen
(15) days after written notice from the Company, or (iv) a material breach of the PIIA 

  
  

 In the unlikely event of a dispute between Company and you arising out of or related to your
employment, including any matter related to the stock options, or the termination of your employment for any reason whatsoever, we each agree to submit our dispute to binding arbitration in the County of San Mateo, California under the Federal
Arbitration Act if we are unable to resolve the dispute after meeting and conferring in good faith within 45 days. This means that there will be no court or jury trial of disputes between us concerning your employment or the termination of your
employment. The Company will pay all of the arbitration costs. In the event of arbitration, the Company will pay all costs and fees of the arbitration, including your arbitration fees and costs. While this agreement to arbitrate is intended to be
broad (and covers, for example, claims under state and federal laws prohibiting discrimination on the basis of race, sex, age, disability, family leave, etc.), it is not applicable to your rights under the California Workers’ Compensation Law,
which are governed under the special provisions of that law, or to enforcement of the attached agreement concerning confidential information and ownership of inventions. 
 Your employment start date shall be April 7, 2008. 
 If not accepted
in writing, this offer will expire in its entirety at 5:00 p.m. (PST) on April 2, 2008. 
 Praful, I really look
forward to working with you and taking this Company to the next level together. This is a key executive position, and we have high hopes that you will contribute in a very tangible and visible manner to our growth. 

 

					
	Sincerely,	  		  	ACCEPTED
			
	 /s/ Vlad Shmunis
 Vlad Shmunis
	  		  	 /s/ Praful Shah
 Praful Shah

	CEO	  		  	
	RingCentral, Inc. 	  		  	Date: March 31, 2008EX-10.7

 Exhibit 10.7 

[RINGCENTRAL LETTERHEAD] 
 September 13,
2013 
 John Marlow 
 c/o RingCentral, Inc. 

1400 Fashion Island Blvd, 7th Floor 
 San Mateo, CA 94404 

 

	Re:	Revised Employment Letter 

 Dear John, 

This letter agreement (the “Agreement”) is entered into between RingCentral, Inc. (“Company” or “we”) and you.
This Agreement is effective as of August 22, 2013 (“Effective Date”). The purpose of this letter is to confirm the current terms and conditions of your employment and to specify your treatment upon certain terminations of employment.

 Your current role is Senior Vice President, Corporate Development, General Counsel and Secretary, and you will continue to report to
Vladimir Shmunis, Chief Executive Officer and Chairman. 
 Your compensation plan will be as follows: 

 

	 	•	 	Salary. Your annual gross base salary shall be as approved by the Board of Directors or the Compensation Committee of the Board, as applicable (subject to standard withholding and payroll deductions), payable
semi-monthly in accordance with the Company’s payroll policies. 

  

	 	•	 	MBO Performance Bonus. You shall be eligible to receive a management-by-objective (MBO) bonus equal to a percentage (%) of your annual base salary (“Bonus Percentage”) based on your performance and
the Company’s performance against its Bonus Plan adopted by the Board of Directors or the Compensation Committee of the Board, as applicable, which is incorporated herein by reference. Your MBO bonus shall be subject to the terms and conditions
of the Bonus Plan. The Bonus Percentage shall be set by the Compensation Committee of the Board on an annual basis. 

  

	 	•	 	Double-Trigger Stock Option Vesting Acceleration. If the Company consummates a Change in Control (as defined in the equity plan under which the applicable option is granted) and (i) you are terminated for
reasons other than Cause (as defined in Appendix A), death or disability, within sixty (60) days prior to the Change in Control and/or are not hired by the surviving/successor entity, or (ii) within twelve (12) months after the Change
in Control, your employment is terminated by the successor/surviving company for reasons other than Cause, death or disability, or (iii) if your employment with the successor/surviving Company is terminated by you for Good Reason (as defined in
Appendix A), then, provided that you sign and do not revoke a Release (as defined below) in accordance with the terms herein, fifty percent (50%) of the then-unvested shares subject to your then-outstanding equity awards shall immediately vest
and be exercisable on your termination date in accordance with the terms and conditions of the plan and agreement(s) under which these equity awards were granted. For avoidance of doubt, the forfeiture of any unvested equity awards shall be tolled
until the Release Deadline and such acceleration shall take place upon the effectiveness of the Release. 

 John Marlow 

September 13, 2013 
  Page
 2
 
  

	 	•	 	Benefits. You will continue to be eligible to participate in the Company’s standard health and benefits plans, and the Company’s vacation and paid time off policies, which may be amended from time to
time. You also will continue to be subject to the other Company policies that are applicable to Company employees, and you will be required to sign the Company’s standard HR and administrative forms to be eligible to receive such benefits.

  

	 	•	 	Severance. Notwithstanding anything to the contrary contained herein, in the event of an involuntary termination of your employment by the Company other than for Cause (excluding by reason of death or
disability), you will be entitled to severance compensation equal to 3 months of your then-current base salary, payable in installments in accordance with the Company’s payroll procedures, subject to you executing and not revoking a general
release of claims in a form acceptable to the Company or its successor (a “Release”) that becomes effective and irrevocable by the 60th day following your termination (the “Release Deadline”). In no event will severance or other
post-termination benefits be paid or provided until the Release actually becomes effective and irrevocable. If the Release does not become effective and irrevocable by the Release Deadline, you will forfeit any right to severance payments or
benefits under this Release. If the Release becomes effective by the Release Deadline, payment of cash severance under this letter will commence on the Company’s next regular payroll period following the 60-day anniversary of the date of your
termination, subject to the following paragraph. Except as required by the following paragraph, any payments delayed from the date of your employment terminates through the Release Deadline will be payable in a lump sum without interest on the
Company’s next regular payroll period following the 60-day anniversary of the date of your termination, and all other amounts will be payable in accordance with the payment schedule applicable to each payment for the remainder of the 6-month
period following the date of your termination. 

 It is the intent of this letter that all payments and benefits hereunder
comply with or be exempt from the requirements of Section 409A of the Internal Revenue Code of 1986, as amended, and the final regulations and any guidance promulgated thereunder and any applicable state law requirements (“Section
409A”) so that none of the payments and benefits to be provided under this letter will be subject to the additional tax imposed under Section 409A, and any ambiguities or ambiguous terms herein will be interpreted to be exempt or so
comply. Each payment and benefit payable under this letter is intended to constitute a separate payment for purposes of Section 1.409A-2(b)(2) of the Treasury Regulations. You and the Company agree to work together in good faith to consider
amendments to this letter 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. Notwithstanding
anything to the contrary in this letter, no severance or separation pay or benefits to be paid or provided to you, if any, pursuant to this letter that, when considered together with any other severance payments or separation benefits, are
considered deferred compensation under Section 409A (together, “Deferred Compensation”) or otherwise would be exempt from Section 409A pursuant to Treasury Regulation Section 1.409A-1(b)(9) will be paid or otherwise provided
until you have a “separation from service” within the meaning of Section 409A. Further, if at the time of your termination of employment, you are a “specified employee” within the meaning of Section 409A, payment of
such Deferred Compensation will be delayed to the extent necessary to avoid the imposition of the additional tax imposed under Section 409A, which generally means that you will receive payment on the first payroll date that occurs on or after
the date that is 6 months and 1 day following your termination of employment, or your death, if earlier (the “Six-Month Delay”). All 

  

 John Marlow 

September 13, 2013 
  Page
 3
 
  

 
subsequent Deferred Compensation, if any, will be payable in accordance with the payment schedule applicable to each payment or benefit. Notwithstanding anything herein to the contrary, if you
die following your termination but prior to the 6-month anniversary of your termination, 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 Compensation will be payable in accordance with the payment schedule applicable to each payment or benefit. 
 By
executing this letter agreement, you agree to continue to be bound by the standard employee invention assignment and confidentiality agreement that you signed in connection with your commencement of employment with the Company (“PIIA”).
You expressly agree not to bring any third party confidential information to the Company, and that in performing your duties for the Company you will not in any way utilize any such information. 

Your continual employment with the Company at all times will continue to be strictly “at will.” This means that you may terminate
your employment with the Company at any time and for any reason whatsoever, simply by notifying the company. Likewise, the Company may terminate your employment at any time and for any reason whatsoever, with or without Cause or advance notice.
Subject to applicable state and federal law and to the severance and equity award acceleration obligations set forth in this Agreement, in the case of any termination, the Company is under no obligation to pay you any severance and the Company shall
have no outstanding obligations to you except your right to exercise your then-currently vested stock options in accordance with the applicable equity plan. 

This Agreement, along with the PIIA and the equity plan and agreements under which any equity awards have been or may be granted to you,
constitute the entire agreement between you and the Company regarding the subject matters discussed herein, and they supersede all prior negotiations, representations or agreements between you and the Company, including the offer letter between you
and the Company dated April 1, 2008. This Agreement may only be modified by a written agreement signed by you and the Company’s Chief Executive Officer. 

To accept the letter, please sign in the space indicated and return it to the Human Resources department. Your signature will acknowledge that
you have read and understood and agreed to the terms and conditions of this offer letter. 
  

					
	Sincerely,	 		 	ACCEPTED
			
	/s/ Vlad Shmunis	 		 	/s/ John Marlow
			
	Vlad Shmunis	 		 	JOHN MARLOW
	Chief Executive Officer	 		 	
	RingCentral, Inc.	 		 	Date: September 13, 2013

  

 Appendix A 

1. “Cause” means: 

(a) your material failure to perform your stated duties, and your continued failure to cure such failure to the reasonable satisfaction of the
Company within ten (10) days following written notice of such failure to you from the Company’s board of directors (the “Board”); 

(b) your material violation of a Company policy (including any insider trading policy) or material breach of any written agreement or covenant
with the Company, including, but not limited to, any applicable invention assignment and confidentiality agreement or similar agreement between the Company and you; 

(c) your conviction of, or entry of a plea of guilty or nolo contendere to, a felony (other than motor vehicle offenses the effect of
which do not materially impair your performance of your employment duties); 
 (d) a willful act by you that constitutes gross misconduct
and which is injurious to the Company; 
 (e) your commission of any act of fraud or embezzlement; 

(f) your commission of any act of dishonesty or any other willful misconduct that has caused or is reasonably expected to result in a material
injury to the Company; or 
 (g) your willful failure to cooperate with an investigation authorized by the Board or initiated by a
governmental authority, in either case, relating to the Company, its business, or any of its directors, officers or employees. 
 The determination as to
whether you are being terminated for Cause will be made in good faith by the Board and will be final and binding on you, subject to the determination of the arbitrator in any arbitration proceeding regarding this Agreement. The foregoing definition
does not in any way limit the Company’s ability to terminate your employment relationship at any time, and the term “Company” will be interpreted to include any subsidiary, parent, affiliate or successor thereto, if applicable. 

2. “Good Reason” means you resign from all positions you then hold with the Company and its affiliates (or the acquirer) and
at least one of the following events occurs without your consent: 
 (a) a material diminution of at least five percent (5%) in your
overall compensation (it being agreed that your failure to achieve or be paid any target bonus does not constitute a 5% reduction of your overall compensation); 

(b) a material diminution in your authority, responsibilities, or duties (except that a change in job position or title, without more, shall
not be a material diminution). For avoidance of doubt, if you are not the General Counsel of the ultimate parent company after a Change in Control, this shall be a material diminution; 

(c) a material diminution in the authority, responsibilities, or duties of the supervisor to whom you report either immediately prior to or
after the Change in Control; or 

 (d) the Company’s or acquirer’s requirement that you relocate your primary work
location to a location that would materially increase your one-way commute distance (a one-way commute of more than thirty (30) miles will be deemed material). 

For Good Reason to be established, you must provide written notice to the Company’s Chief Executive Officer within ninety (90) days immediately
following such event, the Company must fail to remedy such event within thirty (30) days after receipt of such notice, and your resignation must be effective not later than ninety (90) days after the expiration of such cure period. For
purposes of notice, if a “diminution” occurs incrementally over a period of time (not to exceed twelve (12) months from the date of the Change in Control), the “event” shall not be deemed to occur until the end of such
diminution period.

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