Main elements employment contract Frederic Schneider-Maunoury
EX-99.2
Main elements employment contract
Xxxxxxxx Xxxxxxxxx-Xxxxxxxx
Xxxxxxxx Xxxxxxxxx-Xxxxxxxx
The remuneration package of Xxxxxxxx Xxxxxxxxx-Xxxxxxxx is in accordance
with the Remuneration Policy, including the performance criteria, as
adopted by the AGM, and the stock option and share arrangements as approved
by the AGM. The remuneration package is applicable to Xx. Xxxxxxxxx-Xxxxxxxx’s
duties as Executive Vice President and Chief Operations Officer of ASML Holding N.V.
and is in accordance with the Dutch Corporate Governance Code.
Base salary: | Euro 400,000 gross per year. | |
Performance cash bonus: | Maximum 60% of base salary to be paid annually. | |
Performance stock and stock options: | In accordance with Board of Management Performance Stock Options and Performance Stock programs as determined by the Remuneration Policy. | |
Performance criteria: | In accordance with the Remuneration Policy. | |
Pension: | Individual policy according to defined contribution plan (total annual premium FY 2010 equals approximately Euro 60,000 of which the employer’s contribution to premium is approximately Euro 42,000). | |
Severance payment: | One year base salary (gross). | |
Appointment term: | Four year term, with possibility of re-appointment. | |
Conditions in Change of Control Clause: | In accordance with the Remuneration Policy. |