EX-10.1
from 8-K
9 pages
This Letter Confirms and Sets Forth the Terms and Conditions of the Engagement Between Alvarez & Marsal North America, LLC (“A&M”) and EveryWare Global, Inc., and Its Assigns and Successors (The “Company”), Including the Scope of the Services to Be Performed and the Basis of Compensation for Those Services. Upon Execution of This Letter by Each of the Parties Below and Receipt of the Retainer Described Below, This Letter Will Constitute an Agreement Between the Company and A&M (The “Agreement”) and That Certain Engagement Letter Agreement, Dated February 25, 2014 (The “Prior Agreement”), Between A&M and the Company Is Hereby Terminated. 1. Description of Services (A) Officers. in Connection With This Engagement, A&M Shall Make Available to the Company: (I) Joel Mostrom to Serve as Interim Chief Financial Officer (The “CFO”) and Designated as an Executive Officer of the Company; And
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EX-10.1
from 8-K
7 pages
1 the Everyware Short-Term Incentive Plan This Annual Cash Incentive Bonus Plan Contains the Terms and Conditions of the EveryWare Global, Inc. Short-Term Incentive Plan (“Stip or the “Plan”) as Established by the Compensation Committee of the Company’s Board of Directors (The “Committee”). This Document Also Contains Highly Confidential Information About the Financial Projections and Operations of Company. This Plan and Document Is Confidential and May Not Be Shared With Anyone Outside of Company. Each Participant Is Required to Keep This Plan and Its Contents Confidential at All Times. I. Purpose of the Plan the Annual Stip Is a Key Component to Company’s Pay for Performance Philosophy. the Purpose of the Stip Is to Motivate and Reward Senior Leaders and Managers for Driving Key Business Strategies Which Meet or Exceed Our Annual Financial Goals. II. Effective Date the Plan Year Is Based on Calendar Year and Ends on December 31st of Each Applicable Calendar Year (The “Plan Year”). III. Eligibility Participant Eligibility Under the Plan Is Limited to Eligible Positions (“Participants”) Within the Company. Participants in This Plan Must Also Meet All of the Following Criteria: Following the Recommendation of the Chief Executive Officer, the Committee, in Its Discretion, Shall Designate Those Key Employees of the Company (Including Its Subsidiaries, Operating Units and Divisions) Who Shall Be Participants in the Plan; and a Participant Must Be Actively Employed by the Company on the Date (The “Bonus Payment Date”) That Bonuses Are Actually Paid for the Applicable Plan Year (Except for Employees Actively Employed During the Plan Year Who Have Separated From Service Before the Bonus Payment Date Due to Normal Retirement, Death, Permanent Disability or a Qualified Leave of Absence). a Participant Must Be Hired on or Before September 30 of the Plan Year; And
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