ContractTransitional Employment Agreement • March 15th, 2023 • Robinhood Markets, Inc. • Security brokers, dealers & flotation companies
Contract Type FiledMarch 15th, 2023 Company IndustryThis letter agreement memorializes the terms of our discussions regarding your transitional employment with Robinhood Markets, Inc. (“Robinhood” or the “Company”). From April 3, 2023 until January 1, 2024 (the “Advisory Period”), you will remain employed by the Company as a Special Advisor reporting to the Chief Executive Officer (or his designee). During the Advisory Period, you will no longer serve as an executive officer of the Company and will assist with the transition of your role and responsibilities and provide assistance on projects as reasonably requested by the Chief Executive Officer (or his designee). During the Advisory Period, your compensation will remain unchanged from current levels and you will remain eligible (a) to participate in Robinhood’s benefit plans pursuant to the terms of those plans and (b) to continue vesting in the Company equity-based awards that you hold, subject to the terms and conditions of the Company’s equity compensation plan and the applicable a