Exhibit 10.5
One Sansome St. 33rd Floor
San Francisco, CA 94104
hr@wish.com
February 17, 2023
VIA EMAIL
Jun (Joe) Yan
[ * * * ]
Dear Joe:
ContextLogic Inc. (the “Company” or “Wish”) is pleased to offer you continued employment in our San Francisco office, on the following terms:
We hope that you will accept the offer to become the Chief Executive Officer of the Company. You may indicate your agreement with these terms and accept this offer by signing and dating this Offer Letter and the enclosed exhibit, and returning them to me. This offer, if not accepted, will expire at the end of day on February 24, 2023.
Very truly yours,
ContextLogic Inc.
/s/ Tanzeen Syed
Tanzeen Syed
Chair of the Board of Directors & Compensation Committee
Enclosures
I have read and accept this employment offer:
Name: Joe Yan
Signature: /s/ Jun Yan
Date (MM/DD/YYYY): 2/17/2023