Second Amendment to Employment Agreement between Gogo LLC and John Wade
This amendment updates the employment agreement between Gogo LLC and John Wade, originally signed in 2008. The main changes extend the duration of the non-compete and termination benefit provisions from six months to one year. All other terms of the original agreement remain unchanged. The amendment is effective as of April 1, 2015, and is signed by both parties.
Exhibit 10.2.11
AMENDMENT NUMBER TWO TO
EMPLOYMENT AGREEMENT
This Amendment Number Two to Employment Agreement (the Amendment) between Gogo LLC (f/k/a Aircell LLC) (the Company) and John Wade (the Executive) is dated as of April 1, 2015.
WHEREAS, the Company and Executive have entered into an Employment Agreement dated as of October 21, 2008 (as amended by Amendment Number One thereto dated as of December 23, 2008, the Agreement); and
WHEREAS, the Company and the Executive desire to amend the Agreement to revise certain provisions related to covenants-not-to-compete and termination benefits.
NOW, THEREFORE, in consideration of the mutual covenants contained herein and pursuant to Section 17 of the Agreement, the parties agree as follows:
1. Section 5(a) of the Agreement is hereby amended by deleting the phrase six (6) months in the first sentence thereof and replacing it with the phrase one (1) year.
2. Section 9(a) of the Agreement is hereby amended by deleting the phrase six (6) months in the first sentence thereof and replacing it with the phrase one (1) year.
3. Except as amended by this Amendment, the Agreement remains in full force and effect.
IN WITNESS WHEREOF, the Company has caused this instrument to be executed by its duly authorized officer and the Executive has executed this instrument as of this 14th day of April, 2015.
Gogo LLC: | ||
By: | /s/ Marguerite M. Elias | |
Marguerite M. Elias | ||
Executive: | ||
/s/ John Wade | ||
John Wade |