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Overview

● Elon’s email is an official company communication. This is not a phishing attempt.


● As you have seen, Twitter is at the beginning of an exciting journey. We are asking you to
confirm that you want to be part of this journey. To do that, click the link and click "yes".
● If you would rather resign because you do not want to be part of this next stage, we are offering
you a voluntary severance package to help you as you transition away from Twitter.
● If you do not click "yes" you are confirming your decision to resign. You will receive documents to
confirm this and the offer of severance in exchange for a separation agreement.

Exit Package

● PAYMENT:
○ US (except those assigned to the NYC office):
■ 2 months of non-working time on payroll (continued compensation and health
benefits (medical, dental, vision))
■ The cash amounts payable in respect to your unvested Twitter equity awards will
continue to vest while you remain on payroll
■ Medical, dental and vision benefits will continue through the last day of the month
of your separation date (i.e., if your separation date is January 20, 2023, your
company health benefits will end after 11:59 pm on January 31, 2023). You will
be offered continuation of coverage through COBRA. Information regarding
COBRA and your 401k will be sent to you along with your separation agreement
■ In exchange for signing and complying with the terms of a separation agreement,
you will receive an additional 1 month of base salary paid as a lump sum
following the separation date
○ NYC office assigned employees
■ 3 months of non-working time on payroll (continued compensation and health
benefits (medical, dental, vision)) (this is more than other locations due to New
York local legal requirements)
■ The cash amounts payable in respect to your unvested Twitter equity awards will
continue to vest while you remain on payroll
■ Medical, dental and vision benefits will continue through the last day of the month
of your separation date (i.e., if your separation date is February 15, 2023, your
company health benefits will end after 11:59 pm on February 28, 2023). You will
be offered continuation of coverage through COBRA. Information regarding
COBRA and your 401k will be sent to you along with your separation agreement
■ In exchange for signing and complying with the terms of a separation agreement,
you will receive 2 months of cash equivalent of COBRA premiums paid as a lump
sum following the separation date
○ International
■ We have received questions regarding our legal obligations outside of the US.
We will comply with all applicable legal requirements.
■ Subject to local legal requirements, this voluntary separation offer is comprised of:
● 2 months of non-working time on payroll (continued compensation and
health benefits (medical, dental, vision))
● 1 month of base salary paid as a lump sum following the Separation Date
● The cash amounts payable in respect to your unvested Twitter equity
awards will continue to vest while you remain employed (i.e. while you
are on payroll)
■ This offer is subject to a signed separation agreement
■ If you do not confirm that you wish to stay at Twitter, you are resigning. You
would not be entitled to statutory redundancy or other termination payments,
unless otherwise required by local law.

● If I don’t click “yes” to confirm that I want to stay at Twitter and I would like to resign and
take the severance offer, when is my separation date?
○ [US except those assigned to the NYC office] November 17, 2022 would be your last
working day. You will remain on payroll and continue to receive your pay and medical
benefits until January 20, 2023, which will be your separation date.
○ [NYC office assigned Employees] November 17, 2022 would be your last working day.
You will remain on payroll and continue to receive your pay and medical benefits until
February 15, 2023, which will be your separation date.
○ [INTERNATIONAL] If you don’t click “yes”, we will liaise with you in relation to the next
steps in accordance with our legal obligations.

● What happens if I don’t confirm that I want to stay at Twitter, but do not agree to the
severance offer? Will I be fired or laid off?
○ [US] If you don’t click “yes”, we will treat that as a resignation. You will stay on payroll
and continue to be paid and receive your medical benefits for your non working time but
will not receive the additional sums described above.
○ [INTERNATIONAL] If you don’t click “yes”, we will liaise with you in relation to the next
steps in accordance with our legal obligations.

● When will I receive my separation agreement?


○ You will receive a separation agreement in the coming weeks, which will be sent to the
personal email we have on file.

● When will I receive my severance payment?


○ [US] U.S. employees who have decided to leave and have signed the separation
agreement will receive their severance payment within 45 days after your separation
date.
○ [INTERNATIONAL] Next steps will be taken in accordance with local guidelines and
requirements.

● Will my Performance Bonus Payment be included?


○ No.

● If I don’t click “yes” to stay at Twitter, am I eligible for vests for the next few months?
○ The cash amounts payable in respect to your unvested Twitter equity awards will
continue to vest while you remain employed (i.e., while you are on payroll). Any
unvested equity awards that were converted into the right to receive cash will be forfeited
upon termination of employment.

● Can more time be given to consider this offer?


○ As we look to make critical business decisions and move forward as an organization,
additional time cannot be granted. Employees who are currently on a leave of absence
may be entitled to additional time.

● I have reports on vacation. What should I do?


○ Reach out to HRBP@

● Can I still receive the severance offer if I have already submitted my resignation?
○ No.

● Why is the severance package offered different from what we saw in the Acquisition
FAQs?
○ This is a voluntary separation package offer.

Leaves of Absence
● What if I am on LOA (Medical Leave, Bereavement, etc).
○ We will be reaching out proactively to any employee who is on leave to discuss their
timeline and options.

● What if I have an upcoming parental leave?


○ If you decide to resign, your leave will end on your separation date (subject to local
requirements).

How We Work
● What are we signing up for in terms of working hours, RTO, benefits, pay, etc?
○ Return to Office:
■ As you saw from Elon’s note, we plan to maximize working from an office.
■ You will be required to be in an office.
■ Normal exceptions to be out of office for things like health, errands, etc apply.
■ Exceptions will be considered on a case by case basis and will require manager
and VP approval.

○ Working Hours: What are our expected working hours? Weekends?


■ Twitter has always required flexibility in your working hours. You will be required
to work the hours necessary to do your job at the highest level. At times, this will
include hours outside normal business hours or on weekends.

○ Benefits Changes:
■ Additional information forthcoming in the coming days.

General Questions

● Does this offer apply to everyone (all teams, people on probation, FTC etc.)?
○ All employees are eligible for this offer unless (a) they have already been notified that
they have been laid off or that their roles are at risk of redundancy or (b) they have
resigned.
● If I don’t confirm that I wish to remain at Twitter, am I eligible to file for unemployment
benefits?
○ [US] This is a voluntary termination. Your eligibility for unemployment benefits is up to
the applicable state agency.
○ [INTERNATIONAL] If you decide to resign, your eligibility for unemployment or other
related benefits will depend on applicable laws and regulations.

Immigration
● If I’m on a visa program, how will that be impacted as a result of my decision to resign?
○ You will remain employed for the applicable non working notice period.
○ If you have specific questions about your situation, please email talentmobility@

What Are Next Steps?


● After I submit my decision, can I change my mind after the deadline?
○ No; your decision is final.
● Can any details be shared about the plans for stock / option compensation in Twitter 2.0?
○ Not at this time.

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