Bonus Agreement - Sun Microsystems Inc. and Eva Sage-Gavin
September 5, 2002
Eva Sage-Gavin
Senior Vice President, Global Talent Organization
Sun Microsystems
Dear Eva,
Congratulations on your recent promotion and a great Fiscal 2002. Your
contributions to the Human Resources organization and Sun Microsystems are
absolutely critical to our success, and we want to recognize your unique value
to this organization in a meaningful way.
In addition to your normal FY02 bonus, you are being awarded an extraordinary
bonus of $380,000 (gross). This special bonus recognizes your expanded
responsibilities during the latter half of FY02 and outstanding performance on
the creation of the Global Talent Organization. In addition, this is intended to
serve as a tangible indicator of our desire to retain you as a key member of
Sun's senior leadership team.
$190,000 will be paid to you as soon as practicable. The remaining $190,000 will
be paid to you on October 3, 2003 provided you do not voluntarily terminate your
employment with Sun and you are not terminated for cause prior to that date.
This letter supercedes any previous letters on this subject matter.
Eva, I look forward to working with you during FY03 and beyond as we reshape our
organization to meet our objectives.
Regards,
/s/ Crawford Beveridge
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Crawford Beveridge
Executive Vice President, People and Places
& Chief Human Resources Officer
Sun Microsystems
PERSONAL & CONFIDENTIAL