Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - NUVASIVE INC | a55255e10vk.htm |
| EX-32.1 - EX-32.1 - NUVASIVE INC | a55255exv32w1.htm |
| EX-31.1 - EX-31.1 - NUVASIVE INC | a55255exv31w1.htm |
| EX-32.2 - EX-32.2 - NUVASIVE INC | a55255exv32w2.htm |
| EX-31.2 - EX-31.2 - NUVASIVE INC | a55255exv31w2.htm |
| EX-10.27 - EX-10.27 - NUVASIVE INC | a55255exv10w27.htm |
| EX-10.10 - EX-10.10 - NUVASIVE INC | a55255exv10w10.htm |
| EX-10.29 - EX-10.29 - NUVASIVE INC | a55255exv10w29.htm |
| EX-10.53 - EX-10.53 - NUVASIVE INC | a55255exv10w53.htm |
| EX-10.30 - EX-10.30 - NUVASIVE INC | a55255exv10w30.htm |
| EX-10.54 - EX-10.54 - NUVASIVE INC | a55255exv10w54.htm |
| EX-10.28 - EX-10.28 - NUVASIVE INC | a55255exv10w28.htm |
| EX-21.1 - EX-21.1 - NUVASIVE INC | a55255exv21w1.htm |
| EX-23.1 - EX-23.1 - NUVASIVE INC | a55255exv23w1.htm |
Exhibit 10.26
November 4 , 2009
Pat Miles
4934 Del Mar Mesa Road
San Diego, CA 92130
4934 Del Mar Mesa Road
San Diego, CA 92130
Dear Pat,
Congratulations on your promotion to President of the Americas. Being awarded an executive
promotion means that you are a NuVasive “A+” Player. You have successfully performed your stretch
goals, demonstrated outstanding performance standards, have embraced your challenges with
enthusiasm, and have continuously worked to perpetuate and grow our culture. I trust that you feel
“lucky” and have an “attitude of gratitude” about your continued growth prospects.
You will officially begin work in this capacity on January 1, 2010. Your new rate of compensation
is $37,500/month. In connection with your promotion, we anticipate granting you, subject to the
approval of the Board of Directors, 85,000 Restricted Stock Units (the “RSUs”) representing a
promise to issue shares of NuVasive stock upon vesting. The RSU’s will vest over four years in
accordance with the Company’s 2004 Equity Incentive Plan and in anticipation of you delivering
outstanding results.
In addition to your compensation increase, your current target bonus for 2010 is 75% of your
annual base salary (with ability to over-perform), with the actual amount being determined at the
discretion of the Board of Directors. All bonus payments will be paid in accordance with the
terms of your letter agreement, dated August 5, 2008, as amended. I fully anticipate that you
will do your part to drive outstanding performance across all of these measures and that you will
personally contribute to your Department’s and the Company’s success.
As Shareowners, our common goal is to contribute meaningfully toward NuVasive’s growth targets,
deliver new and creative products, leverage resources for profitability and exercise Absolute
Responsiveness® to the maximum level. I look forward to continuing the journey with
you.
I wish you tremendous success in your new role!
| Onward and Upward! NUVASIVE, INC. |
||||
| By: | /s/Alexis V. Lukianov | |||
| Alexis V. Lukianov | ||||
Please sign below indicating your understanding and acceptance of this promotion and return the
fully executed letter to Jen Crutchfield. You should keep one copy of this letter for your
records.
| /s/Pat Miles | ||||
| Pat Miles | ||||