Date May 10, 2019 To: Jeff McNeil From: Badri Kothandaraman Re: 2019 Merit Focal Review We recently completed the Merit Focal Review process. Your ranking resulted in a salary increase of 5.42%. Your manager will provide you feedback from the review process and the resulting pay change. Compensation Information Current Annualized Salary: $300,000.00 New Annualized Salary: $316,260.00 Bonus Target : 75.00% Your new pay rate is effective April 1, 2019.