EX-10.3
from 8-K
3 pages
1. Effective Date, New Position and Duties. Effective Upon the Appointment of the Company’s New Chief Executive Officer (The “Promotion Date”), You Will Cease to Be the Company’s Interim Co‑president and Co-Chief Executive Officer and You Will Be Promoted to the Company’s President and Chief Financial Officer, Leading the Finance Function and Driving the Transformation at Sealed Air. You Will Report to the Company’s Chief Executive Officer and Will Perform Such Services as May Reasonably Be Assigned to You by the Chief Executive Officer. 2. Compensation and Benefits. Effective as of the Promotion Date, You Will Receive the Following Increases to Your Compensation: • Base Salary. Your Annual Base Salary Rate Will Increase to $850,000
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EX-10.2
from 8-K
3 pages
1. Effective Date, New Position, and Duties. Effective Upon the Appointment of the Company’s New Chief Executive Officer (The “Transition Date”), You Will Cease to Be the Company’s Interim Co-President and Co-Chief Executive Officer and You Will Become the Company’s Senior Vice President, Chief Operating Officer. You Will Report to the Company’s Chief Executive Officer and Will Perform Such Services as May Reasonably Be Assigned to You by the Chief Executive Officer. 2. Retention Award. in Recognition of Your Importance to the Company’s Long-Term Success, You Are Eligible to Receive a Retention Award With a Grant Date Value of $2,000,000, Comprising Cash and Time-Based Restricted Stock Units (“Rsus”)
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EX-10.1
from 8-K
5 pages
1. Start Date, Position and Duties. Your Start Date Will Be July 1, 2024, or Such Other Date as We Mutually Agree. You Will Have the Title of Chief Executive Officer of the Company, Reporting to the Company’s Board of Directors (The “Board”), With Such Responsibilities as Are Customarily Associated With a Chief Executive Officer and Such Other Responsibilities for the Company and Its Subsidiaries as Are Otherwise Reasonably Assigned to You by the Board. in Addition, in Connection With Your Appointment as Chief Executive Officer, the Board Will Appoint You as a Member of the Board (For No Additional Compensation, Subject to Re-Election in Accordance With the Company’s Bylaws)
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EX-10.1
from 8-K
2 pages
December 10, 2020 for This Purpose, the Original Agreement Defined the Company’s Stock Price as of December 31, 2020 to Be Determined Based on the Arithmetic Mean of the Closing Prices for the 30 Consecutive Trading Days Up To, and Including, December 31, 2020
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