ARAMARK Holdings Corporation Hardship Stock Repurchase Policy for Employees
This policy allows employees of ARAMARK Holdings Corporation who own company stock to request that the company buy back their shares if they experience an unforeseeable emergency, such as severe financial hardship due to illness, accident, or loss of property. Employees must show that they have no other reasonable means to meet their financial need. Requests must be submitted with supporting documentation to the Executive Vice President of Human Resources for approval.
Exhibit 10.35
Hardship Stock Repurchase Policy
Employees of ARAMARK who own common stock of ARAMARK Holdings Corporation (the “Company”) may request that the Company authorize the repurchase of all or some of the shares owned by them in the event of an unforeseeable emergency, which would include a severe financial hardship resulting from an illness or accident, loss of property due to casualty or similar extraordinary and unforeseeable circumstances or other circumstances approved by the Executive Vice President, Human Resources. In order for a hardship repurchase to be considered, the employee must represent that his or her need cannot be satisfied with other resources reasonably available, including reimbursement or compensation by insurance or otherwise or reasonable liquidation of other assets (but only to the extent the liquidation of such assets would not in itself cause an immediate and heavy financial need).
Employees who wish to apply for a hardship repurchase must complete the appropriate form and submit it, along with supporting documentation, to the Executive Vice President, Human Resources.
