Addendum to Employment Offer for Gary Luquette as President/CEO

Contract Categories: Human Resources › Employment Agreements
Summary

This addendum to Gary Luquette's employment offer as President and CEO clarifies that if he retires from the company, any of his unvested long-term incentive (LTI) awards will continue to vest according to their original schedule, as long as he agrees to and follows the non-compete terms in the award agreement. The document is signed by company representatives.

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EX-10.1 2 a06302015-ex101.htm EXHIBIT 10.1 06.30.2015 - Ex 10.1
Exhibit 10.1

ADDENDUM TO EMPLOYMENT OFFER
 

 
 
 
 
 
 
EMPLOYEE:
 
Gary Luquette
 
 
 
POSITION / TITLE:
 
President/Chief Executive Officer
 
 
 
HIRE DATE:
 
January 23, 2015
 
 
 
LTI:
 
For the avoidance of doubt, upon Mr. Luquette’s retirement from the Company, any then unvested awards will remain outstanding and vest in accordance to the applicable vesting schedule provided that Mr. Luquette agrees to and complies with the terms of the non-compete obligations contained in the award agreement.
 
 
 
/s/ D. Keith Mosing
 
 
/s/ Sheldon R. Erikson