Common use of Other Continuing Rights Clause in Contracts

Other Continuing Rights. The Company shall continue to pay the Executive his base salary at his annual salary rate currently in effect through the Resignation Date. The Executive agrees that, except for (1) his accrued base salary earned through the Resignation Date, and (2) awards made (if any) and benefits accrued (if any) on or before the Resignation Date under the terms of one or more Company benefit plans, including, but not limited to, the Spirit AeroSystems Holdings, Inc. Omnibus Incentive Plan (“OIP”) (including the Short-Term Incentive Program and Long-Term Incentive Program under the OIP), the Spirit AeroSystems Holdings, Inc. Deferred Compensation Plan ("DCP"), and the Spirit AeroSystems Holdings, Inc. Retirement and Savings Plan ("RSP"), he has been paid (or, as of the Resignation Date, will have been paid) all other compensation due to him, including but not limited to all salary, bonuses, deferred compensation, incentives and all other compensation of any nature whatsoever. Except as set forth above, no other sums (contingent or otherwise) shall be paid to the Executive in respect of his employment by the Company or the Parent, and any such sums (whether or not owed) are hereby expressly waived by the Executive. The foregoing notwithstanding, following the Resignation Date, the Executive (i) may elect to continue his health insurance coverage, as mandated by COBRA, which may continue to the extent required by applicable law, (ii) shall be entitled to receive his account balance under the RSP in accordance with the terms of such plan, and (iii) shall be entitled to reimbursement for reasonable business expenses incurred in performing the consulting services in accordance with the Company's expense reimbursement policies.

Other Continuing Rights. The Company shall continue to pay the Executive his base salary at his annual salary rate currently in effect through the Resignation Retirement Date. The Executive agrees that, except for (1) his accrued base salary earned through the Resignation Retirement Date, and (2) the awards made (if any) and benefits accrued (if any) on or before the Resignation Date under the terms of one or more Company benefit plans, including, but not limited to, the Spirit AeroSystems Holdings, Inc. Omnibus Incentive Plan (“OIP”) (including the Short-Term Incentive Program and Long-Term Incentive Program under the OIP), the Spirit AeroSystems Holdings, Inc. Deferred Compensation Plan ("DCP"), STIP and the Spirit AeroSystems Holdings, Inc. Retirement LTIP as identified above and Savings Plan ("RSP")his account balance with the SERP, he has been paid (or, as of the Resignation Date, will have been paid) all other compensation due to him, including but not limited to all salary, bonuses, deferred compensation, incentives and all other compensation of any nature whatsoever. Except as set forth above, no other sums (contingent or otherwise) shall be paid to the Executive in respect of his employment by the Company or the Parent, and any such sums (whether or not owed) are hereby expressly waived by the Executive. The foregoing notwithstanding, following the Resignation Retirement Date, the Executive (i) may elect to continue his health insurance coverage, as mandated by COBRA, which may continue to the extent required by applicable law, (ii) shall be entitled to receive his account balance and accrued benefit, as applicable, under the RSP Parent’s Retirement and Savings Plan and its Pension Value Plan in accordance with the terms of such plans, (iii) shall be entitled to participate in the Parent’s retiree medical insurance plan, subject to the terms of such plan, and (iiiiv) shall be entitled to reimbursement for reasonable business expenses incurred in performing the consulting services in accordance with the Company's ’s expense reimbursement policies. In addition, during the Consulting Term, subject to and in the sole discretion of the CEO, and subject to aircraft availability, the Company shall permit the Executive to use the Company’s privately owned aircraft in connection with the performance of the consulting services hereunder.

Other Continuing Rights. The Company shall continue to pay the Executive his base salary at his annual salary rate currently in effect through the Resignation Retirement Date. The Executive agrees that, except for (1) his accrued base salary earned through the Resignation Retirement Date, and (2) the awards made (if any) and benefits accrued (if any) on or before the Resignation Date under the terms of one or more Company benefit plans, including, but not limited toLTIP, the Spirit AeroSystems Holdings, Inc. Omnibus Incentive Plan (“OIP”) (including OIP LTIP and the Short-Term Incentive Program OIP STIP as identified above and Long-Term Incentive Program his account balance under the OIP), the Spirit AeroSystems Holdings, Inc. Deferred Compensation Plan ("DCP"), and the Spirit AeroSystems Holdings, Inc. Retirement and Savings Plan ("RSP"), he has been paid (or, as of the Resignation Date, will have been paid) all other compensation due to him, including but not limited to all salary, bonuses, deferred compensation, incentives and all other compensation of any nature whatsoever. Except as set forth above, no other sums (contingent or otherwise) shall be paid to the Executive in respect of his employment by the Company or the Parent, and any such sums (whether or not owed) are hereby expressly waived by the Executive. The foregoing notwithstanding, following the Resignation Retirement Date, the Executive (i) may elect to continue his health insurance coverage, as mandated by COBRA, which may continue to the extent required by applicable law, and the Company shall pay for such coverage, through the earlier of (x) July 31, 2017, or (y) the date the Executive becomes eligible for coverage under another group health plan that does not impose preexisting condition limitations on the Executive’s coverage, provided, however, that nothing herein shall be construed to extend the period of time over which such COBRA continuation coverage may be provided to the Executive and/or his dependents beyond that mandated by law, and (ii) shall be entitled to receive his account balance and accrued benefit, as applicable, under the RSP Parent’s Retirement and Savings Plan in accordance with the terms of such plan, and (iii) shall be entitled to reimbursement for reasonable business expenses incurred in performing the consulting services in accordance with the Company's expense reimbursement policies.

Other Continuing Rights. The Company shall continue to pay the Executive his base salary at his annual salary rate currently in effect through the Resignation Retirement Date. The Executive agrees that, except for (1) his accrued base salary earned through the Resignation Retirement Date, and (2) the awards made (if any) and benefits accrued (if any) on or before the Resignation Date under the terms of one or more Company benefit plans, including, but not limited to, the Spirit AeroSystems Holdings, Inc. Omnibus Incentive Plan (“OIP”) (including the Short-Term Incentive Program and Long-Term Incentive Program under the OIP), the Spirit AeroSystems Holdings, Inc. Deferred Compensation Plan ("DCP"), LTIP and the Spirit AeroSystems Holdings, Inc. Retirement OIP LTIP and Savings Plan ("RSP")the OIP STIP as identified above, he has been paid (or, as of the Resignation Date, will have been paid) all other compensation due to him, including but not limited to all salary, bonuses, deferred compensation, incentives and all other compensation of any nature whatsoever. Except as set forth above, no other sums (contingent or otherwise) shall be paid to the Executive in respect of his employment by the Company or the Parent, and any such sums (whether or not owed) are hereby expressly waived by the Executive. The foregoing notwithstanding, following the Resignation Retirement Date, the Executive (i) may elect to continue his health insurance coverage, as mandated by COBRA, which may continue to the extent required by applicable law, and the Company shall pay for such coverage, through first anniversary of the Retirement Date, provided, however, that nothing herein shall be construed to extend the period of time over which such COBRA continuation coverage may be provided to the Executive and/or his dependents beyond that mandated by law, and (ii) shall be entitled to receive his account balance and accrued benefit, as applicable, under the RSP Parent’s Retirement and Savings Plan in accordance with the terms of such plan, and (iii) shall be entitled to reimbursement for reasonable business expenses incurred in performing the consulting services in accordance with the Company's expense reimbursement policies.