EX-10.5
from 10-Q
21 pages
Vwr Management Services, LLC Radnor Corporate Center Building One, Suite 200 100 Matsonford Road, Radnor, Pa 19087 April 11, 2023 Randy Stone via Electronic Mail Re: Employment Letter Agreement Dear Randy: The Following Are the Terms of Your Employment With Vwr Management Services, LLC, Effective as of the Date Hereof, Under Which You Will Provide Services to Avantor, Inc. and Its Various Affiliates. as Used Herein, “Avantor” Shall Collectively Refer to Vwr Management Services, LLC, Avantor, Inc. and All of Their Various Affiliates. Position: Executive Vice President, Proprietary Materials Base Salary: $600,000 Per Year, Payable in Installments on Avantor’s Regular Payroll Dates. Duties: You Will Serve as a Member of Avantor’s Executive Leadership Team. in Addition, You Will Perform Such Duties, Functions and Responsibilities During Your Employment Period as Reasonably and Lawfully Directed by the Chief Executive Officer. Reporting: You Will Report Solely and Directly to the Chief Executive Officer of Avantor. Office Location: Your Office Will Be Located in Radnor, Pa. Annual Bonus: You Will Be Eligible to Participate in Avantor’s Incentive Compensation Plan (Icp) With a Target Bonus of 80% of Base Salary. Equity: You Are Eligible to Receive a Sign-On Equity Award Under the Avantor, Inc. 2019 Equity Incentive Plan. the Targeted Value of This Award Is $4,000,000 and Will Be Allocated 50% to Stock Options, 25% to Restricted Stock Units and 25% to Performance Stock Units. the Number of Stock Options, Restricted Stock Units and Performance Stock Units to Be Awarded Will Be Calculated Based on the Closing Price on Your Date of Hire in Accordance With the Company’s Equity Valuation Practices. the Stock Options and Restricted Stock Units Will Vest 50% Each Year Over Two Years on the Grant Date Anniversary
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EX-10.4
from 10-Q
21 pages
Vwr International, LLC Radnor Corporate Center Building One, Suite 200 100 Matsonford Road, Radnor, Pa 19087 April 2, 2019 Jim Bramwell 4835 La Puma Court Camarillo, Ca 93012 Re: Amended and Restated Employment Letter Agreement Dear Jim: The Following Are the Amended and Restated Terms of Your Employment With Vwr International, LLC, Effective as of the Date Hereof, Under Which You Will Provide Services to Avantor, Inc. and Its Various Affiliates. as Used Herein, “Avantor” Shall Collectively Refer to Vwr International, LLC, Avantor, Inc. and All of Their Various Affiliates. Position: Executive Vice President, Strategic Partners Base Salary: $300,000 Per Year, Payable in Installments on Avantor’s Regular Payroll Dates. Duties: The Duties Performed by You as of Immediately Prior to the Date of This Agreement. Reporting: You Will Report Solely and Directly to the Chief Executive Officer of Avantor. Office Location: Your Office Will Be Located in Camarillo, Ca. Annual Bonus: You Will Be Eligible to Participate in Avantor’s Management Incentive Program (Mip) With a Target Bonus of 75% of Base Salary. Benefits: You Will Be Entitled to Participate in All Vacation, Health, Welfare and Other Similar Benefits Available to Similarly Situated Employees of Avantor. You Will Be Entitled to Four Weeks of Vacation Annually. Severance/Restrictive Covenants: If Your Employment With Avantor Is Terminated by Avantor Without Cause, Other Than Within a Two Year Period Following a Change in Control (Each as Defined on Annex 1), You Will Be Entitled to Receive (A) an Amount Equal to Your Annual Base Salary Then in Effect, Payable in Equal Installments on Avantor’s Regular Payroll Dates
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EX-10.33
from 10-K
3 pages
Amendment No. 3 to the Avantor, Inc. 2019 Employee Stock Purchase Plan 1. Definitions. Capitalized Terms Used but Not Defined in This Amendment Shall Have the Meanings Assigned to Them in the Avantor, Inc. 2019 Employee Stock Purchase Plan (The “Plan”). 2. Amendment of the Plan. the Plan Is Hereby Amended as Follows Effective as of November 1, 2023: (A) Section 4.1 of the Plan Is Hereby Deleted in Its Entirety and Replaced With the Following: “4.1 Stock Reserved; Delivery of Stock. a Maximum of 2,000,000 Shares of Stock May Be Purchased Under the Plan (Subject to Adjustment in Accordance With Section 4.2.1 Hereof). Subject to the Limitation in the Preceding Sentence, as Determined by the Committee in Its Sole Discretion, Any Shares of Stock Purchased Under the Plan May Be Either Newly Issued Shares, Existing Treasury Shares, or New Purchases in the Open Market.” * * * * *
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EX-10.2
from 10-Q
20 pages
Position: Executive Vice President, Global Operations and Supply Chain Base Salary: $475,000 Per Year, Payable in Installments on Avantor’s Regular Payroll Dates. Duties: The Duties Performed by You as of Immediately Prior to the Date of This Agreement. Reporting: You Will Report Solely and Directly to Michael Stubblefield, Chief Executive Officer of Avantor. Office Location: Your Office Will Be Located Remotely in North Oaks, Mn. Annual Bonus: Equity: You Will Be Eligible to Participate in Avantor’s Incentive Compensation Plan (Icp) With a Target Bonus of 75% of Base Salary. You Are Eligible to Receive an Equity Award Under the Avantor, Inc. 2019 Equity Incentive Plan. the Targeted Value of This Award Is $2,000,000 and Will Be Allocated 25% Stock Options and 75% Restricted Stock Units. the Number of Stock Options and Restricted Stock Units Will Be Calculated Based on the Closing Price on Your Date of Hire in Accordance With the Company’s Equity Valuation Practices. This Equity Grant Will Vest 25% Each Year Over Four Years on the Grant Date Anniversary. You Will Be Included in the Population Eligible to Participate in the Annual Equity Grant Process, Subject to Satisfactory Performance, Aligned With Company Policy. Sign on Bonus: You Will Be Eligible for a One-Time Sign-On Bonus of $250,000 Payable to You During Our Bonus Pay Out Cycle in March 2021, Subject to Appropriate Taxes and Withholding. You Hereby Agree To
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EX-10.2
from 10-Q
20 pages
Position: Executive Vice President, Global Operations and Supply Chain Base Salary: $475,000 Per Year, Payable in Installments on Avantor’s Regular Payroll Dates. Duties: The Duties Performed by You as of Immediately Prior to the Date of This Agreement. Reporting: You Will Report Solely and Directly to Michael Stubblefield, Chief Executive Officer of Avantor. Office Location: Your Office Will Be Located Remotely in North Oaks, Mn. Annual Bonus: Equity: You Will Be Eligible to Participate in Avantor’s Incentive Compensation Plan (Icp) With a Target Bonus of 75% of Base Salary. You Are Eligible to Receive an Equity Award Under the Avantor, Inc. 2019 Equity Incentive Plan. the Targeted Value of This Award Is $2,000,000 and Will Be Allocated 25% Stock Options and 75% Restricted Stock Units. the Number of Stock Options and Restricted Stock Units Will Be Calculated Based on the Closing Price on Your Date of Hire in Accordance With the Company’s Equity Valuation Practices. This Equity Grant Will Vest 25% Each Year Over Four Years on the Grant Date Anniversary. You Will Be Included in the Population Eligible to Participate in the Annual Equity Grant Process, Subject to Satisfactory Performance, Aligned With Company Policy. Sign on Bonus: You Will Be Eligible for a One-Time Sign-On Bonus of $250,000 Payable to You During Our Bonus Pay Out Cycle in March 2021, Subject to Appropriate Taxes and Withholding. You Hereby Agree To
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