EX-4.70 9 tv480101_ex4-70.htm EXHIBIT 4.70

Exhibit 4.70

 

 

 

PRIVATE & CONFIDENTIAL

COMPENSATION MEMO

 

Date: February 22, 2017  
To: Julian Gangolli  
From: Justin Gover  
cc: Human Resources  

 

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Julian,

 

I am pleased to inform you of the following compensation decisions, approved by the Remuneration Committee:

 

  Annual Salary - Effective January 1, 2017
  Current Salary: 408,000 USD
  New Base Salary: 420,240 USD
  % Increase: 3.00%

 

Note: Effective Feb 1, 2017 all of your salary will be paid through the US payroll.

 

  Performance Bonus - Discretionary bonus to be paid Mar 3, 2017
  Bonus Amount: 408,000 USD
     
  Long Term Incentive Plan (LTIP) – Grant date January 6, 2017
  Restricted Stock Options:   43,152  UK Ordinary Shares
  Performance Stock Options: 143,832  UK Ordinary Shares
  Market Priced Options:   87,660  UK Ordinary Shares

 

Thank you for all of your hard work. I look forward to us working together to achieve yet more this year.