Lockheed Martin Additional Relocation Benefits Letter to Frank St. John (Executive Vice President)

Summary

Lockheed Martin Corporation, through its CEO Marillyn A. Hewson, confirms in this letter to Frank St. John, newly elected Executive Vice President of Rotary and Mission Systems, that he will receive extra relocation benefits as he moves to the DC area. In addition to standard relocation assistance, Frank is granted up to 180 days of temporary living and up to 16 return trips home, including tax assistance, all under the company's relocation policy. These benefits are subject to the policy's other terms and conditions.

EX-10.30 4 ex1030q42019.htm EXHIBIT 10.30 Exhibit

Exhibit 10.30



Lockheed Martin Corporation 6801 Rockledge Drive Bethesda, MD 20817 Marillyn A. Hewson Chairman, President and Chief Executive Officer

December 11, 2019

Dear Frank:

In connection with your election as Executive Vice President of Rotary and Mission Systems and relocation to the DC-metropolitan area, in addition to the relocation assistance and services provided to you pursuant to the Corporation’s relocation policy, you will be eligible for (1) an additional 90 days of temporary living, for a total of up to 180 days, and (2) an additional 10 return trips, for a total of up to 16 trips home, including tax assistance. These additional relocation benefits will be provided to you pursuant to the other applicable terms of the Corporation’s relocation policy.

Please contact me with any questions.

Best regards,

/s/ Marillyn A. Hewson

Marillyn A. Hewson