Amendment to Employment Agreement between Travelport, LP and Kurt Ekert (March 2013)
This letter agreement amends the existing employment agreement between Kurt Ekert and Travelport, LP. The amendment increases the severance pay provision from one times to two times Mr. Ekert's base salary in the event of qualifying termination. All other terms of the original employment agreement remain unchanged. The amendment is effective upon signing by both parties.
Exhibit 10.6
March 6, 2013
Kurt Ekert
Chief Commercial Officer
Travelport GDS
Dear Kurt:
This letter agreement (Letter Agreement) will amend the October 21, 2011 employment agreement between you and Travelport, LP, as previously amended by the November 23, 2011 letter agreement (collectively, the Employment Agreement). Capitalized terms used but not defined herein shall have the meaning ascribed to such terms in the Employment Agreement.
The Employment Agreement is amended as follows:
1. | Section 7(c)(iii)(C)(x), as well as the corresponding section (entitled Severance Pay) on page 9 of the General Release, is amended by deleting the phrase one (1) times the Base Salary and replacing it with two (2) times the Base Salary. |
Except as expressly set forth above, these amendments take effect upon the parties execution of this Letter Agreement. Except as expressly amended herein, the Employment Agreement remains in full force and effect as written.
Please indicate your acceptance of these terms by signing below.
Very truly yours,
/s/ Gordon Wilson
Gordon Wilson
President and CEO
Travelport, LP
By Travelport Holdings, LLC,
as General Partner
ACCEPTED AND AGREED TO:
/s/ Kurt Ekert |
Kurt Ekert |
March 11, 2013 |
Date |