[ILLUMINA LOGO]
Exhibit 10.30
February 14, 2005
Scott Kahn
Re: Illumina, Inc.
Dear Scott;
It gives me great pleasure to set forth the principal terms for you to join
Illumina, Inc. (the "Company").
Position: VP and Chief Information Officer
Responsibilities: The Chief Information Officer is a position of strategic and
technical leadership having responsibility for all of the
scientific software and IT activities of the Company as well
as leadership of specific projects. Principal
responsibilities include:
- Direct reporting responsibility for the
Bioinformatics, LIMS, software development and IT
functions.
- Development of strategies to use information
technology as a competitive advantage
- Economically scaling internal information systems to
match the growth in product volume and complexity
- Unifying the software architecture of the Company's
internal systems and external products
- Externally representing the company on issues related
to information systems
- Interacting with customers as part of the sales
process
- Participating with the senior management team to
define the overall evolution of Illumina's products
- Leading key development projects as SupraProject
manager.
- Facilitating implementation of our e-commerce
systems
- Assuming responsibility for implementation and
monitoring of the company's Sarbanes-Oxley IT
obligations
- Providing vision for the evolution of our application
software
- Other such matters that may be determined by the
management team.
As a Company employee you will be expected to abide by all
the Company policies and procedures and sign and comply with
the Company's standard form of Proprietary Information and
Inventions Agreement, which prohibits unauthorized use or
disclosure of the Company's proprietary information. In
compliance with federal immigration law, you will be
required to provide documentary evidence of your identity
and eligibility of employment in the United States.
Reporting: Reporting to Jay Flatley, President and CEO.
(Direct Mgr)
Compensation: For full-time regular employment, your base salary will be
$8653.85, payable every other week, one week in arrears and
subject to standard payroll deductions and withholdings.
Your first paycheck will be prorated based on your
employment start date.
Equity: Subject to approval by the Stock Option Committee, you will
be granted an option to purchase 100,000 shares of Common
Stock at a purchase price equal to the closing price of such
shares on your first day of employment. The shares are
subject to standard vesting over a five-year period, with
20% of the shares vesting after one year from employment
Start Date of your full-time employment and thereafter
1/60th per month for the remaining 48 months. The options
will be granted pursuant to the Company's 2000 Stock Plan.
Executive Bonus: You will participate in our Executive Bonus Plan at a 20%
level. Your first year's pay out will be prorated, based on
the number of full months that you are on board. Plans are
currently being developed, and are based on both Corporate
financial targets (2/3 of pay out) and personal objectives
(1/3 of pay out).
Benefits: You will be entitled to receive the Company's standard
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benefits. These include medical, dental and vision
insurance, which begin the first day of the following month
after your hire. Life insurance, long/short-term disability
insurance, employee assistance plan and 401(k) begin on your
date of hire.
Employment at Will: Your employment will be at-will, which means it may
be terminated at any time by you or the Company for any
reason or for no reason. This at-will employment
relationship cannot be changed except by written agreement
signed by the CEO of the Company.
Start Date: Your first day of full-time regular employment will be March
28th, or an otherwise mutually agreeable date.
Expiration of This offer will be valid for 7 days from the date of this
Offer: letter.
This letter contains the complete, final and exclusive embodiment of the terms
of your employment with the Company. This letter shall be governed by California
law without regard to conflict of laws principles.
We hope that you will join us in building a pre-eminent life sciences company.
If the foregoing accurately reflects our agreement, please so indicate by
signing where indicated below and returning the enclosed duplicate copy of this
letter to me.
Sincerely,
Jay Flatley
President and CEO
Illumina, Inc.
The foregoing is agreed and accepted.
__________________________________ _________________________
Scott Kahn Date
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