Attached files
file | filename |
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8-K - RETAIL OPPORTUNITY INVESTMENTS CORP | c59473_8k.htm |
EX-99.1 - RETAIL OPPORTUNITY INVESTMENTS CORP | c59473_ex99-1.htm |
Exhibit 10.1
Employment Term Sheet Richard K. Schoebel November 17, 2009 |
Employee: | Richard K. Schoebel |
Title: | Chief Operating Officer |
Start Date: | November 30, 2009 |
Base Salary: | $275,000.00 |
Bonus: | Annual bonus between 0% and 100% of the annual Base Salary |
Restricted Stock: | 35,000 share grant vesting over 5-years |
Stock Options: | 35,000 share grant vesting over 5-years |
Automobile Allowance: | $1,500 / per month |
Benefits: | Entitled to participate in all of the Companys employee benefit plans and programs on substantially the same terms and conditions as other senior executives. |
Death / Disability: | Substantially consistent with the terms and conditions of the death and disability provisions of John Roches employment contract. |
Termination /
Non-Renewal / Change of Control: |
Substantially consistent with the terms and conditions of the termination / non-renewal / change of control provisions of John Roches employment contract. |
Employment Contract: |
Initial term of 3 years. |
Relocation Expenses: |
Six months of living expenses at $5,000/ per month. |
Agreed to and accepted this 17 day of November, 2009.
Retail Opportunity Investments Corp.
/s/ Stuart A. Tanz | /s/ Richard K. Schoebel | |
By: | Stuart A. Tanz | Richard K. Schoebel |
Its: | Chief Executive Officer |
Retail Opportunity Investments Corp. | ||
Ph: (914) 272-8080 3 Manhattanville Road, 2nd Floor, Purchase, NY 10577 Fax: (914) 272-8088 | ||
Ph: (760) 599-7000 1750 La Costa Meadows Drive, San Marcos, CA 92078 Fax: (760) 599-7007 |