Salesforce.com 2005 Annual Report Download - page 233

SCHEDULE TO EXHIBIT 10.15
Date of
Offer
Letter
Salary Options
Change in Control
Provision Bonuses Other Key Terms
Marc Benioff None Annual salary of $10. None N/A N/A N/A
Steve Cakebread 4/26/2002 Annual salary of $250,000 per
offer letter. Mr. Cakebread's salary
in fiscal 2006 was $300,000.
1,000,000 shares; 1/4th to
vest at end of 1 year,
1/48th monthly thereafter;
50,000 shares vest upfront.
N/A If salesforce.com's IPO is not
completed before 5/31/03, Mr.
Cakebread may receive a
$25,000 quarterly bonus based
on the realization of business
objectives in the discretion of
the Board.
N/A
Parker Harris 3/1/1999 Annual salary of $100,000 per
offer letter. Mr. Harris' salary in
fiscal 2006 was $250,000.
1,250,000 shares; 1/4th to
vest at end of 1 year,
1/48th monthly thereafter.
Since the date of the offer
letter, Mr. Harris has
received options to
purchase an aggregate of
150,000 shares of common
stock.
N/A N/A N/A
Kenneth Juster 12/1/2004 Annual salary of $400,000;
variable compensation of $50,000
quarterly based on Company
matrix (guaranteed during first 12
months of employment) per offer
letter.
300,000 shares; 1/4th to
vest at end of 1 year,
1/48th monthly thereafter.
Mr. Juster is entitled to
receive 6 months
acceleration of vesting of
unvested stock options
automatically from the date
of the change in control upon
termination without cause
within 12 months following a
change in control.
N/A If Mr. Juster is terminated without
cause during the first 12 months of
employment with salesforce.com, he
will receive 6 months of his base
salary and the greater of (i)
accelerated vesting of 6 months of
his original stock option grant or (ii)
monthly vesting through his
termination date, plus 6 months of
COBRA. salesforce.com shall
reimburse up to $100,000 of Mr.
Juster's relocation expenses.
Jim Steele 9/18/2002 Annual salary of $300,000 per
offer letter.
1,350,000 shares; 1/4th to
vest at end of 1 year,
1/48th monthly thereafter.
N/A N/A If Mr. Steele terminated within 1st
year of employment, he will receive
6 months base compensation and 6
months acceleration of vesting. This
provision has expired.
This schedule sets forth the material terms of the offer letters with certain executive officers of salesforce.com, inc. The form is filed herewith.