EMPLOYMENT AGREEMENT
Exhibit 10.1
THIS EMPLOYMENT AGREEMENT (“Agreement”), effective as of the 14th day of July, 2011, (the
“Effective Date”), is by and between SPIRIT AEROSYSTEMS, INC., a Delaware corporation (the
“Company”), and Xxxxx Xxxxxx (“Employee”).
Recitals
WHEREAS, the Company is engaged in the manufacture, fabrication, maintenance, repair,
overhaul, and modification of aircraft and aircraft components and markets and sells its services
and products to its customers throughout the world (the “Business”); and
WHEREAS, the Company desires to hire Employee in the position of Senior Vice President/General
Manager, Fuselage Business Segment, and to perform such other services as the Company may direct;
and
WHEREAS, in the course of performing Employee’s duties for the Company, Employee is likely to
gain certain confidential and proprietary information belonging to the Company, develop
relationships that are vital to the Company’s goodwill, and acquire other important benefits to
which the Company has a protectable interest; and
WHEREAS, the Company has agreed to hire Employee and Employee has agreed to accept such
employment by the Company upon the terms, conditions, and restrictions contained in this Agreement.
Agreement
NOW THEREFORE, in consideration of the foregoing, and the representations, warranties, and
covenants hereinafter, the parties hereto agree as follows:
Section 1. Employment. In reliance on the representations and warranties made herein, the
Company hereby hires Employee to be its Senior Vice President/General Manager, Fuselage Business
Segment, and to perform such duties and services in and about the business of the Company as may
from time to time be assigned to Employee. The job title and duties referred to in the preceding
sentence may be changed by the Company in the Company’s sole discretion at any time. Employee
shall devote Employee’s full time to this employment. Employee’s employment hereunder shall
commence on the Effective Date and shall continue until termination of the Agreement in accordance
with its terms (the “Employment Period”).
Section 2. Performance. Employee shall use Employee’s best efforts and skill to faithfully
enhance and promote the welfare and best interests of the Company. The Employee shall strictly
obey all rules and regulations of the Company, follow all laws and regulations of appropriate
government authorities, and be governed by reasonable decisions and instructions of the Company as
are consistent with job duties as described above.
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Section 3. Compensation. Except as otherwise provided for herein, for all services to be
performed by the Employee in any capacity hereunder, including without limitation any services as
an officer, director, member of any committee, or any other duties assigned Employee, throughout
the Employment Period the Company shall pay or provide Employee with the following, and Employee
shall accept the same, as compensation for the performance of Employee’s undertakings and the
services to be rendered by Employee:
(a) Base Salary. Initially, Employee will be entitled to an annual salary of Three
Hundred Seventy-Five Thousand Dollars ($375,000.00) (the “Base Salary”), which shall be paid in
accordance with the Company’s policies and procedures. The Base Salary may be changed from time to
time based on Employee’s and the Company’s performance, which may include, without limitation,
participation in a periodic salary evaluation program on the same basis as other employees of the
Company of similar position.
(b) Annual Incentive Compensation. Employee shall be provided incentive compensation
(either in cash or common stock of the Company’s parent), as specified by the administrative
committee of the Spirit AeroSystems Holdings, Inc. Short-Term Incentive Plan (the “STIP”), pursuant
to and in accordance with the terms and conditions of the STIP. The first year incentives shall
include eighty percent (80%) of Base Salary (less the appropriate pro-rata adjustment described
above) if target performance goals are reached. If the target performance goals are not reached,
or if target performance goals are exceeded, Employee shall be entitled to incentive compensation
(if any) otherwise provided by Company policy and/or the STIP Plan. Any amount due and owing
Employee for 2011 shall not be pro-rated due to Employee’s service for less than the full 2011
calendar year. Company agrees that for the 2011 STIP only, Employee shall be entitled to no less
than fifty percent (50%) of Base Salary in incentive compensation.
(c) Long-Term Incentive Plan. Employee will receive an award of shares of common
stock of Spirit AeroSystems Holdings, Inc. (“Holdings”) under the Spirit AeroSystems Holdings, Inc.
Long-Term Incentive Plan (the “LTIP”), the value of which equals (as determined under such
conventions and rules as Holdings board of directors or the LTIP administrative committee may
adopt) one hundred percent (100%) of Employee’s Base Salary, subject to and in accordance with the
terms and provisions of the LTIP and the terms and conditions established with respect to such
award by the Holdings board of directors and the LTIP administrative committee (including, but not
limited to, a vesting schedule).
(d) Sign-On Bonus. The Company will pay the Employee an advance payment equal to (i)
Two Hundred Twenty-five Thousand Dollars ($225,000.00), (ii) plus an amount equal to all tax
withholding associated with the Employee’s receipt of the foregoing amount (collectively the
“Sign-On Bonus”), to be paid in three installments. Such Sign-On Bonus to be paid per the
following schedule:
| - | Part 1 to be paid no later than 30 business days from the Effective Date in an amount of One Hundred Thousand Dollars ($100,000) plus an amount equal to all tax withholding associated with the Employee’s receipt of the foregoing amount; |
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| - | Part 2 to be paid in the first quarter of calendar year 2012 in an amount of Seventy-Five Thousand Dollars ($75,000) plus an amount equal to all tax withholding associated with the Employee’s receipt of the foregoing amount; | ||
| - | Part 3 to be paid in the first quarter of calendar year 2013 in an amount of Fifty Thousand Dollars ($50,000) plus an amount equal to all tax withholding associated with the Employee’s receipt of the foregoing amount. |
Payment of this Sign-On Bonus is conditioned upon the Employee being employed by the Company at the
time of payment and remaining employed by the Company for a period of not less than eighteen (18)
months after the Effective Date, and shall be repaid to the Company by the Employee in the event
such condition is not satisfied. Employee will not be required to re-pay any portion of the
Sign-On Bonus if the Employee is terminated by the Company without Cause within eighteen (18)
months after the Effective Date. In the event of Employee’s termination (other than a termination
without cause) within eighteen (18) months of the Effective Date the Company may deduct from
Employee’s paycheck(s) (or other amount owed to Employee) an amount equal to the amount of such
advance payment(s). To the extent such deductions are not sufficient to fully reimburse the
Company; Employee shall remain obligated to pay the Company in full for such amounts still due and
owing. For the sake of clarity, the Company shall not be required to pay any part of the Sign-On
Bonus if Employee is no longer employed by Company.
(e) Deferred Compensation Plan. Employee shall be eligible to participate in the
Spirit AeroSystems Holdings, Inc. Amended and Restated Deferred Compensation Plan, as the same may
be amended and in effect from time to time (the “DCP”), subject to the terms and conditions of the
DCP. In addition to any salary-reduction contributions the Employee may timely elect to make under
the DCP, on or about December 31 of each year during which the Employee is employed by the Company
and actively performing services for the Company, the Company will make an employer discretionary
contribution to the DCP equal to six and one-half percent (6-1/2%) of the base salary paid to the
Employee for that year, which amount(s) shall be contributed to an employer discretionary
contribution account established for the Employee under the DCP and shall be held and administered
in accordance with the terms and conditions of the DCP, including, but not limited to, the
conditions set forth in Article VI thereof.
(f) Other Benefit Plans. Employee shall also be eligible to participate in the
Company’s other employee benefit plans, policies, practices, and arrangements as the same may be
offered to Employee from time to time, including, without limitation, (i) any defined benefit
retirement plan, excess or supplementary plan, profit sharing plan, savings plan, health and dental
plan, disability plan, survivor income and life insurance plan, executive financial planning
program, or other arrangement, or any successors thereto; (ii) the STIP; and (iii) such other
benefit plans as the Company may establish or maintain from time to time (collectively the “Benefit
Plans”). The Employee’s entitlement to any other compensation or benefits shall be determined in
accordance with the terms and conditions of the Benefit Plans and other applicable programs,
practices, and arrangements then in effect.
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(g) Earned Time Off. The Employee will be provided with two hundred (200) hours of
earned time off each year and all paid holidays, as determined in accordance with the Company’s
policies and practices in effect from time to time. The Employee will be credited with eighty (80)
hours of earned time off upon beginning his employment with the Company.
(h) Fringe Benefits. All fringe benefits and perquisites all in accordance with the
Company’s policies as the same may be amended from time to time.
(i) Withholding Taxes. The Company shall have the right to deduct from all payments
made to Employee hereunder any federal, state, or local taxes required by law to be withheld.
(j) Expenses. During Employee’s employment, the Company shall promptly pay or
reimburse Employee for all reasonable out-of-pocket expenses incurred by Employee in the
performance of duties hereunder in accordance with the Company’s policies and procedures then in
effect.
Section 4. Restrictions.
(a) Acknowledgements. Employee acknowledges and agrees that: (1) during the term of
Employee’s employment, because of the nature of Employee’s responsibilities and the resources
provided by the Company, Employee will acquire valuable and confidential skills, information, trade
secrets, and relationships with respect to the Company’s business practices and operations; (2)
Employee may develop on behalf of the Company a personal acquaintance and/or relationship with
various persons, including, but not limited to, customers and suppliers, which acquaintances may
constitute the Employee’s only contact with such persons, and, as a consequence of the foregoing,
Employee will occupy a position of trust and confidence with respect to the Company’s affairs; (3)
the Business involves the marketing and sale of the Company’s products and services to customers
throughout the entire world, the Company’s competitors, both in the United States and
internationally, consist of both domestic and international businesses, and the services to be
performed by Employee for the Company involve aspects of both the Company’s domestic and
international business; and (4) it would be impossible or impractical for Employee to perform
Employee’s duties for the Company without access to the Company’s confidential and proprietary
information and contact with persons that are valuable to the goodwill of the Company. Employee
acknowledges that if Employee went to work for, or otherwise performed services for, a third party
engaged in a business substantially similar to the Business, the disclosure by Employee to a third
party of such confidential and proprietary information and/or the exploitation of such
relationships would be inevitable.
(b) Reasonableness. In view of the foregoing and in consideration of the remuneration
to be paid to Employee, Employee agrees that it is reasonable and necessary for the protection of
the goodwill and business of the Company that the Employee make the covenants contained in this
Agreement regarding the conduct of Employee during and subsequent to Employee’s employment by the
Company, and that the Company will suffer irreparable injury if Employee engages in conduct
prohibited by this Agreement.
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(c) Non-Compete. During the term of Employee’s employment by the Company and for a
period of two (2) years after termination of such employment, neither Employee nor any other person
or entity with Employee’s assistance nor any entity in which Employee directly or indirectly has
any interest of any kind (without limitation) shall anywhere in the world, directly or indirectly
own, manage, operate, control, be employed by, solicit sales for, invest in, participate in,
advise, consult with, or be connected with the ownership, management, operation, or control of any
business which is engaged, in whole or in part, in the Business, or any business that is
competitive therewith or any portion thereof, except for the exclusive benefit of the Company;
provided, however, that Employee shall not be deemed to have breached this
provision if Employee’s sole relation with any such entity consists of Employee’s holding, directly
or indirectly, not greater than two percent (2%) of the outstanding securities of a company listed
on or through a national securities exchange.
(d) Non-Solicitation. In addition, during the term of Employee’s employment by the
Company and for a period of two (2) years after termination of such employment, neither Employee
nor any person or entity with Employee’s assistance nor any entity that the Employee or any person
with Employee’s assistance or any person who Employee directly or indirectly controls shall,
directly or indirectly, (1) solicit or take any action to induce any employee or Customer to quit
or terminate their employment with the Company or the Company’s affiliates, or (2) employ as an
employee, independent contractor, consultant, or in any other position, any person who was an
employee of the Company or the Company’s affiliates during the aforementioned period.
(e) Confidentiality. Without the express written consent of the Company, Employee
shall not at any time (either during or after the termination of the term of Employee’s employment)
use (other than for the benefit of the Company) or disclose to any other person or business entity
proprietary or confidential information concerning the Company, the Company’s parent, or any of
their affiliates, or the Company’s, the Company’s parent’s, or any of their affiliates’ trade
secrets or inventions of which Employee has gained knowledge during Employee’s employment with the
Company. This paragraph shall not apply to any such information that: (1) Employee is required to
disclose by law; (2) has been otherwise disseminated, disclosed, or made available to the public;
or (3) was obtained after Employee’s employment with the Company ended and from some source other
than the Company, which source was under no obligation of confidentiality.
(f) Effect of Breach. Employee agrees that a breach of this Section 4 cannot
adequately be compensated by money damages and, therefore, the Company shall be entitled, in
addition to any other right or remedy available to it (including, but not limited to, an action for
damages), to an injunction restraining such breach or a threatened breach and to specific
performance of such provisions, and Employee hereby consents to the issuance of such injunction and
to the ordering of specific performance, without the requirement of the Company to post a bond or
other security.
(g) Other Rights Preserved. Nothing in this Section eliminates or diminishes rights
which the Company may have with respect to the subject matter hereof under other agreements, the
governing statutes, or under provisions of law, equity, or otherwise. Without limiting the
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foregoing, this Section does not limit any rights the Company may have under any agreement
with Employee regarding trade secrets and confidential information.
Section 5. Termination. This Agreement shall terminate upon the following circumstances:
(a) Without Cause. At any time at the election of either Employee or the Company for
any reason or no reason, without cause, but subject to the provisions of this Agreement. It is
expressly understood that Employee’s employment is strictly “at will.”
(b) Cause. At any time at the election of the Company for Cause. “Cause” for this
purpose shall mean (i) Employee committing a material breach of this Agreement or acts involving
moral turpitude, including fraud, dishonesty, disclosure of confidential information, or the
commission of a felony, or direct and deliberate acts constituting a material breach of Employee’s
duty of loyalty to the Company; (ii) Employee willfully or continuously refusing to perform the
material duties reasonably assigned to Employee by the Company that are consistent with the
provisions of this Agreement and not resulting from a Disability; or (iii) the inability of
Employee to obtain and maintain appropriate United States security clearances.
(c) Disability. Employee’s death or Employee’s being unable to render the services
required to be rendered by Employee for a period of one hundred eighty (180) days during any
twelve-month period (“Disability”).
Section 6. Effect of Termination.
(a) If Employee’s employment is terminated (i) by Employee, or (ii) by the Company for Cause,
the Company shall pay Employee’s compensation only through the last day of the Employment Period
(less any amounts the Company may off-set or deduct as specified in this Agreement or as otherwise
permitted), and, except as may otherwise be expressly provided in this Agreement or in any Benefit
Plan, the Company shall have no further obligation to Employee.
(b) If Employee’s employment is terminated by the Company prior to the expiration of two (2)
years following the Effective Date for any reason other than Cause and for so long as Employee is
not in breach of Employee’s continuing obligations under Section 4, the Company shall (i) continue
to pay Employee an amount equal to Employee’s Base Salary in effect immediately prior to the
termination of Employee’s employment for a period of six (6) months (less any amounts the Company
may off-set or deduct as specified in this Agreement or as otherwise permitted), and (ii) pay the
costs of COBRA medical and dental benefits coverage which are offered to Employee after termination
for a period of six (6) months; provided, however, that as a condition precedent to
payment of the amounts described in this Section 6(b), neither Employee nor any other person or
entity with Employee’s assistance nor any entity in which Employee directly or indirectly has any
interest of any kind (without limitation) shall, at any time during the term of Employee’s
employment by the Company or for a period of six (6) months thereafter, anywhere in the world,
directly or indirectly own, manage, operate, control, be employed by, solicit sales for, invest in,
participate in, advise, consult with, or be connected
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with the ownership, management, operation, or control of any business which is engaged, in
whole or in part, in the Business, or any business that is competitive therewith or any portion
thereof. Except as may otherwise be expressly provided in this Agreement or in any Benefit Plan,
the Company shall have no further obligation to Employee.
(c) On termination of employment, Employee shall deliver all trade secret, confidential
information, records, notes, data, memoranda, and equipment of any nature that are in Employee’s
possession or under Employee’s control and that are the property of the Company or relate to the
business of the Company, and Employee shall pay to the Company any amounts due and owning from
Employee to the Company as specified in this Agreement.
(d) Employee’s obligations under section 3(d) and Section 4 through Section 9 of this
Agreement shall survive the expiration or termination of this Agreement. Employer shall have no
obligation to make the payments set forth in section 6(b) above unless and until Employee has fully
complied with Employee’s obligations under this section 6.
Section 7. Representations and Warranties.
(a) No Conflicts. Employee represents and warrants to the Company that Employee is
under no duty (whether contractual, fiduciary, or otherwise) that would prevent, restrict, or limit
Employee from fully performing all duties and services for the Company, and the performance of such
duties and services shall not conflict with any other agreement or obligation to which Employee is
bound.
(b) No Hardship. Employee represents and acknowledges that Employee’s experience
and/or abilities are such that observance of the covenants contained in this Agreement will not
cause Employee any undue hardship and will not unreasonably interfere with Employee’s ability to
earn a livelihood.
Section 8. Alternative Dispute Resolution.
(a) Mediation. Employee and the Company agree to submit, prior to arbitration, all
unsettled claims, disputes, controversies, and other matters in question between them arising out
of or relating to this Agreement (including but not limited to any claim that the Agreement or any
of its provisions is invalid, illegal, or otherwise voidable or void) or the dealings or
relationship between Employee and the Company (“Disputes”) to mediation in Wichita, Kansas and in
accordance with the Commercial Mediation Rules of the American Arbitration Association currently in
effect. The mediation shall be private, confidential, voluntary, and nonbinding. Any party may
withdraw from the mediation at any time before signing a settlement agreement upon written notice
to each other party and to the mediator. The mediator shall be neutral and impartial. The
mediator shall be disqualified as a witness, consultant, expert, or counsel for either party with
respect to the matters in Dispute and any related matters. The Company and Employee shall pay
their respective attorneys’ fee and other costs associated with the mediation, and the Company and
Employee shall equally bear the costs and fees of the
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mediator. If a Dispute cannot be resolved through mediation within ninety (90) days of being
submitted to mediation, the parties agree to submit the Dispute to arbitration.
(b) Arbitration. Subject to Section 8(a), all Disputes will be submitted for binding
arbitration to the American Arbitration Association on demand of either party. Such arbitration
proceeding will be conducted in Wichita, Kansas and, except as otherwise provided in this
Agreement, will be heard by one (1) arbitrator in accordance with the Commercial Arbitration Rules
of the American Arbitration Association then in effect. All matters relating to arbitration will
be governed by the federal Arbitration Act (9 U.S.C. §§ 1 et seq.) and not by any state arbitration
law. The arbitrator will have the right to award or include in his award any relief which he deems
proper under the circumstances, including, without limitation, money damages (with interest on
unpaid amounts from the date due), specific performance, injunctive relief, and reasonable
attorneys’ fees and costs, provided that the arbitrator will not have the right to amend or modify
the terms of this Agreement. The award and decision of the arbitrator will be conclusive and
binding upon all parties hereto, and judgment upon the award may be entered in any court of
competent jurisdiction. Except as specified above, the Company and Employee shall pay their
respective attorneys’ fees and other costs associated with the arbitration, and the Company and
Employee shall equally bear the costs and fees of the arbitrator.
(c) Confidentiality. Employee and the Company agree that they will not disclose, or
permit those acting on their behalf to disclose, any aspect of the proceedings under Section 8(a)
and Section 8(b), including but not limited to the resolution or the existence or amount of any
award, to any person, firm, organization, or entity of any character or nature, unless divulged (i)
to an agency of the federal or state government, (ii) pursuant to a court order, (iii) pursuant to
a requirement of law, (iv) pursuant to prior written consent of the Company or Employee, or (v)
pursuant to a legal proceeding to enforce a settlement agreement or arbitration award. This
provision is not intended to prohibit nor does it prohibit Employee’s or the Company’s disclosures
of the terms of any settlement or arbitration award to their attorney(s), accountant(s), financial
advisor(s), or family members, provided that they comply with the provisions of this paragraph.
(d) Injunctions. Notwithstanding anything to the contrary contained in this Section 8,
the Company and Employee shall have the right in a proper case to obtain temporary restraining
orders and temporary or preliminary injunctive relief from a court of competent jurisdiction;
provided, however, that the Company and Employee must contemporaneously submit the
Disputes for non-binding mediation under Section 8(a) and then for arbitration under Section 8(b)
on the merits as provided herein if such Disputes cannot be resolved through mediation.
Section 9. General.
(a) Notices. All notices required or permitted under this Agreement shall be in
writing, may be made by personal delivery or facsimile transmission, effective on the day of such
delivery or receipt of such transmission, or may be mailed by registered or certified mail,
effective two (2) days after the date of mailing, addressed as follows:
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To the Company:
Spirit AeroSystems, Inc.
Attention: Xxxxxxxx Xxxxxxx, Senior Vice President/General Counsel
3801 X. Xxxxxx
P.O. Box 780008, Mail Code X00-00
Xxxxxxx, XX 00000-0000
Facsimile Number: (000) 000-0000
Attention: Xxxxxxxx Xxxxxxx, Senior Vice President/General Counsel
3801 X. Xxxxxx
P.O. Box 780008, Mail Code X00-00
Xxxxxxx, XX 00000-0000
Facsimile Number: (000) 000-0000
or such other person or address as designated in writing to Employee.
To Employee:
Xxxxx Xxxxxx
at Employee’s last known residence address or to such other address as designated by
Employee in writing to the Company.
(b) Successors. Neither this Agreement nor any right or interest therein shall be
assignable or transferable (whether by pledge, grant of a security interest, or otherwise) by
Employee or Employee’s beneficiaries or legal representatives, except by will, by the laws of
descent and distribution, or inter vivos revocable living grantor trust as Employee’s
beneficiaries. This Agreement shall be binding upon and shall inure to the benefit of the Company,
its successors and assigns, and Employee and shall be enforceable by them and Employee’s heirs,
legatees, and legal personal representatives. If Employee dies during the term of this Agreement,
the obligation to pay salary and provide benefits shall immediately cease; and, absent actual
notice of any probate proceeding, the Company shall pay any compensation due for the period
preceding Employee’s death to the following person(s) in order of preference: (i) spouse of
Employee; (ii) children of Employee eighteen years of age and over, in equal shares; (iii) father,
mother, sisters, and brothers, in equal shares; or (d) the person to whom funeral expenses are due.
Upon payment of such sum, the Company shall be relieved of all further obligations hereunder.
(c) Waiver, Modification, and Interpretation. No provisions of this Agreement may be
modified, waived, or discharged unless such waiver, modification, or discharge is agreed to in a
writing signed by Employee and an appropriate officer of the Company empowered to sign the same by
the Board of Directors of the Company. No waiver by either party at any time of any breach by the
party of, or compliance with, any condition or provision of this Agreement to be performed by the
other party shall be deemed a waiver of similar or dissimilar provisions or conditions at the same
time or at any prior or subsequent time. The validity, interpretation, construction, and
performance of this Agreement shall be governed by the laws of the State of Kansas;
provided, however, that the corporate law of the state of incorporation of the
Company’s parent shall govern issues related to the issuance of shares of its common stock. Except
as provided in Section 8, any action brought to enforce or interpret this Agreement shall be
maintained exclusively in the state and federal courts located in Wichita, Kansas.
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(d) Interpretation. The headings contained herein are for reference purposes only and
shall not in any way affect the meaning or interpretation of any provision of this Agreement. No
provision of this Agreement shall be interpreted for or against any party hereto on the basis that
such party was the draftsman of such provision; and no presumption or burden of proof shall arise
disfavoring or favoring any party by virtue of the authorship of any of the provisions of this
Agreement.
(e) Counterparts. The Company and Employee may execute this Agreement in any number
of counterparts, each of which shall be deemed to be an original but all of which shall constitute
but one instrument. In proving this Agreement, it shall not be necessary to produce or account for
more than one such counterpart.
(f) Invalidity of Provisions. If a court of competent jurisdiction shall declare that
any provision of this Agreement is invalid, illegal, or unenforceable in any respect, and if the
rights and obligations of the Parties to this Agreement will not be materially and adversely
affected thereby, in lieu of such illegal, invalid, or unenforceable provision the court may add as
a part of this Agreement a legal, valid, and enforceable provision as similar in terms to such
illegal, invalid, or unenforceable provision as is possible. If such court cannot so substitute or
declines to so substitute for such invalid, illegal, or unenforceable provision, (i) such provision
will be fully severable; (ii) this Agreement will be construed and enforced as if such illegal,
invalid, or unenforceable provision had never comprised a part hereof; and (iii) the remaining
provisions of this Agreement will remain in full force and effect and not be affected by the
illegal, invalid, or unenforceable provision or by its severance herefrom. The covenants contained
in this Agreement shall each be construed to be a separate agreement independent of any other
provision of this Agreement, and the existence of any claim or cause of action of Employee against
the Company, predicated on this Agreement or otherwise, shall not constitute a defense to the
enforcement by the Company of any of said covenants.
(g) Entire Agreement. This Agreement (together with the documents expressly
referenced herein) constitutes the entire agreement between the parties, supersedes in all respects
any prior agreement between the Company and Employee and may not be changed except by a writing
duly executed and delivered by the Company and Employee in the same manner as this Agreement.
[Signature page follows.]
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IN WITNESS WHEREOF, the parties hereto have executed this Agreement effective as of the date
and year first written above.
| SPIRIT AEROSYSTEMS, INC. |
||||
| By: | /s/ Xxx X. Xxxxxxx | |||
| Name: | Xxx X. Xxxxxxx | |||
| Title: | SVP, Human Resources | |||
“Company”
| /s/ Xxxxx Xxxxxx | ||||
|
Xxxxx Xxxxxx |
||||
“Employee”
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