8x8 2015 Annual Report Download - page 93

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Exhibit 10.28
January 7, 2015
Puneet Arora
3905 Jamie Place
San Ramon, Ca 94582
RE: SVP of Global Sales
Dear Puneet,
On behalf of 8x8, Inc., a Delaware corporation (the "Company"), I am pleased to offer you the position of SVP of Global Sales beginning
January 5, 2015. The terms of your new employment relationship with the Company will be as set forth below and will be subject to the
approval of the Company's Chief Executive Officer.
1. Position . You will become SVP of Global Sales. As such, you will have responsibilities as determined by the Company's Chief Executive
Officer. Your duties and responsibilities are subject to change depending on the needs of the Company.
2. Compensation .
A. Base Salary . You will be paid an annualized salary of $275,000 payable in accordance with the Company's standard payroll policies
subject to normal required withholding.
B. Salary Review . Your base salary will be reviewed as part of the Company's normal salary review process.
C. Expenses . You will be reimbursed for all reasonable and necessary business expenses incurred in the performance of your duties as
provided in the Company's Employee Handbook.
3. Commission Plan . Starting with FQ4 2015 (January 5, 2015), while you are Senior Vice President of Global Sales you will be eligible to
participate in a Commission Incentive Plan, with a target annual commission of $150,000 earned quarterly based on achievement of quarterly
quota. In month one and two of the quarter you will receive a recoverable draw of $12,000 each month with a true up at quarter end based on
actual quarterly results in accordance with your Incentive Compensation Plan. In addition you will receive an annual $75,000 bonus tied to
MBOs that will be determined by the Chief Executive Officer. 40% will be paid based on quarterly targets and 60% based on annual targets. For
FQ4 2015 you will have a commission of $37,500 at target and $18,750 bonus tied to MBOs as determined for FQ415 by the Chief Executive
Officer.
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