EMAIL DETAILS

Agree. This is what we agreed, with the caveat that this sets no precedent for the possibility of future bonuses.
Thanks much for handling this for us, Hunter. I am sure Rick is most appreciative, and especially for getting the lump sum payment this year!

Bonnie E. Raquet
beraquet@aol.com
Mobile: 612-562-0380
Sent from my iPad

On Dec 30, 2012, at 5:17 PM, Hunter Biden <hbiden@rosemontseneca.com> wrote:

> See below. Before I respond I wanted to make sure this is what we all agreed to. Thanks, Hunter.
>
> RHB
> 202.333.1880
>
> Begin forwarded message:
>
>> From: Rick Leach <RLeach@wfpusa.org>
>> Date: December 30, 2012, 11:50:42 AM CST
>> To: Hunter Biden <hbiden@rosemontseneca.com>
>> Subject: Performance Review by the Executive Committee
>>
>> Dear Hunter,
>> Thank you very much for taking time during your holiday to discuss the performance review conducted by the Executive Committee. I greatly appreciate the positive comments and favorable assessment of my job performance by the Committee.
>>
>> Per our discussion, it is my understanding that the Executive Committee decided:
>> 1. My annual salary will be increased by 10% (from $260K to $286K);
>> 2. This salary increase will be retroactive to February 1, 2012 (my anniversary date); and
>> 3. The difference between the prior and new annual salary amounts for the period from February 1, 2012 to the present will be paid to me in 2012 in the form of a bonus payment.
>>
>> Please confirm that this accurately describes the decision of the Executive Committee. Thank you very much and Happy New Year.
>>
>> All the Best,
>> Rick
>>
>>
>> Richard Leach
>> President & CEO
>>
>> World Food Program USA
>> 1725 Eye Street NW, Suite 510
>> Washington, DC 20006
>> T 202.530.1694
>> F 202.530.1698
>> rleach@wfpusa.org
>>
>>=2