Expatriate Benefit Arrangements with Mr. Haddleton, Ms. Strother, and Another Individual
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Summary
This agreement outlines benefit arrangements for Mr. Haddleton, Ms. Strother, and another individual who relocated from the United Kingdom to the United States. It provides that Mr. Haddleton and Ms. Strother will receive payments equal to 10% of their total cash compensation, while the third individual will receive payments equal to 10% of his base salary. These payments are intended to compensate them for benefits lost due to their move.
EX-10.42 38 ex-10_42.txt EXHIBIT 10.42 EXHIBIT 10.42 EXPATRIATE BENEFIT ARRANGEMENTS We have expatriate benefit arrangements with Mr. Haddleton, Ms. Strother and another individual under which they are entitled to compensation for the value of benefits they would have been entitled to had they not moved from the United Kingdom to the United States. Under these arrangements, Mr. Haddleton and Ms. Strother receive payments equal to 10% of their total cash compensation. The other individual receives payments equal to 10% of his base salary.
