EX-10.2
from 8-K
4 pages
Your Employment With MultiPlan Corporation (“Multiplan”) as President and Chief Executive Officer Will Continue Under the Terms and Conditions of Your Employment Agreement With Multiplan, Effective as of January 31, 2022 (The “Employment Agreement”), Until the Appointment of a New Chief Executive Officer (Such Date, the “Transition Date”). Upon the Transition Date, You Will Transition to the Role of Executive Chairman. Your Initial Term as Executive Chairman Is Expected to Run Until December 31, 2024, Unless Otherwise Mutually Agreed Between You, the Incoming Chief Executive Officer and the Board of Directors of MultiPlan (The “Board”). When Your Employment as Executive Chairman Terminates at the End of Such Initial Term (Or Such Other Period as Mutually Agreed), You Will Transition to a Role as a Regular Member of the Board Or, in the Board’s Sole Discretion, as Non-Executive Chairman of the Board. Upon the Transition Date, Your Employment Agreement Will Terminate (Except as to Any Provisions Which Survive as Expressly Set Forth Herein), and From and After the Transition Date, the Terms of Your Continued Employment (And Board Service Following Cessation of Such Employment) Shall Be Governed by This Letter Agreement
12/34/56
