EX-10.4
from 10-Q
2 pages
Agreement and Promise of Reimbursement I, Corinna Refsgaard, as Part of My Offer of Employment as Chief Human Resources Officer and in Consideration of My Ongoing Employment Hereby Agree to Reimburse GXO Logistics Fst Limited (“Company”) the Following: Sign-On Bonus of £100,500 (“Sign on Bonus”) I Acknowledge That Reimbursement for the Above Amount of the Sign on Bonus, Net of Any Statutory Deductions, Would Need to Be Made by Me in the Following Circumstances: • if Within the First Twelve (12) Months Following Payment of the Sign on Bonus, I Voluntarily Terminate or Give Notice to Resign My Employment With the Company for Any Reason; or • if Within the First Twelve (12) Months Following Payment of the Sign on Bonus, the Company Terminates or Gives Notice to Terminate My Employment for Any Reason (Save by Reason of Redundancy Where No Reimbursement Will Be Required) I Hereby Authorise the Company to Deduct Any Monies Due and Payable Under This Agreement From My Pay in Full or in Part, Without Any Additional Authorisation Required From Me. if Such Funds Are Not Sufficient to Reimburse the Sign on Bonus in Full, I Agree to Remit the Balance Due in Full by Bank Transfer to the Company Within Fifteen (15) Days Following the Date of Termination of My Employment. the Terms Set Out in This Agreement Are Governed by the Laws of England and Wales and Any Dispute Arising Under or in Connection With This Agreement Is Subject to the Exclusive Jurisdiction of the Courts and Tribunals of England and Wales. I Hereby Confirm That I Have Read, Understand and Agree to the Terms Set Out in This Agreement: Signed: /S/ Corinna Refsgaard Date: March 7, 2024
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EX-10.3
from 10-Q
2 pages
GXO GXO Logistics Uk Limited GXO Is a Trading Name of GXO Logistics Uk Limited (Registered in England: Sc037270) Registered Office: Saltire Court, 20 Castle Terrace, Edinburgh, Eh1 2en Vat Reg No. Gb 350 0478 26 10/04/2024 Private & Confidential Dear Corinna, Pension Top Up I Am Writing in Relation to the Pension Arrangement Managed by Scottish Widows. as You Are Aware, the Maximum Company Contribution Payable Into the Above Scheme Is 7% of Your Basic Annual Salary. However, in Recognition of Both Your Seniority Within the Business and Market Data for Senior Executives, the Company Will Provide a Top Up Into Your Individual Pension Account of 4%. to Qualify to Receive the Full 11% From the Company, Your Individual Contribution Must Be a Minimum of 8% of Your Basic Salary the Additional Contribution Will Be Processed as an Individual Supplement Through Payroll, and Will Be Grossed Up to Offset/Mitigate Any Tax Impact, Which in Turn Needs to Be Paid Into Your Pension Plan in Addition to Your Minimum Contribution of 8%, Please See the Example Below: Ee Contribution Er Top Up Total Ee Cont. Er Contribution Total 8% 4% 12% 7% 19% This Additional Payment Will Be Treated as a Revision to Your Current Contractual Entitlements, to Acknowledge Acceptance of This Enhancement Please Sign and Return One Copy of This Letter to for My Attention to GXO House. if You Have Any Queries in Relation to This, Please Do Not Hesitate to Contact Me. Yours Sincerely, /S/ Mariangeles Rodriguez Mariangeles Rodriguez Vice President, Human Resources Signed: /S/ Corinna Refsgaard Date: 07- June - 2024 Head Office: GXO House, Nunn Mills Road, Northampton, Nn1 5ge
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