Re: Retention Award AgreementRetention Award Agreement • November 18th, 2024 • Spirit Airlines, Inc. • Air transportation, scheduled
This letter agreement (this “Agreement”) between you and Spirit Airlines, Inc. (together with its subsidiaries, the “Company”) sets forth the terms of your retention award. As you know, we consider your continued service and dedication to the Company, and your leadership as the Company’s [TITLE], important to the success of our business and the Company’s long-term future. To incentivize you to remain employed with the Company, we are pleased to offer you a retention award, as described in this Agreement.
RESTRUCTURING SUPPORT AGREEMENTRestructuring Support Agreement • November 18th, 2024 • Spirit Airlines, Inc. • Air transportation, scheduled • New York
This RESTRUCTURING SUPPORT AGREEMENT (including all exhibits, annexes, and schedules attached to this agreement in accordance with Section 12.02, as amended, restated, supplemented or modified from time to time in accordance with the terms hereof, this “Agreement”) is made and entered into as of November 18, 2024, by and among the following parties (each of the following described in sub-clauses (i) through (iii) of this preamble, individually, a “Party” and, collectively, the “Parties”):1
BACKSTOP COMMITMENT AGREEMENT BY AND AMONG SPIRIT AIRLINES INC. THE OTHER DEBTORS PARTY HERETO AND THE BACKSTOP COMMITMENT PARTIES PARTY HERETOBackstop Commitment Agreement • November 18th, 2024 • Spirit Airlines, Inc. • Air transportation, scheduled • New York
THIS BACKSTOP COMMITMENT AGREEMENT (this “Agreement”), dated as of November 18, 2024, is made by and among Spirit Airlines Inc. a Delaware corporation (the “Company”), and each of its direct or indirect subsidiaries that executes and delivers a acknowledgment and joinder to this Agreement substantially in the form attached to this Agreement as Exhibit C (“Company Acknowledgment”) after the date hereof in accordance with this Agreement, and that become thereafter debtors and debtors-in-possession that file chapter 11 cases under title 11 of the United States Code, 11 U.S.C. §§ 101 et seq. (as it may be amended from time to time, the “Bankruptcy Code”) in the Bankruptcy Court (as defined below) (together with the Company, each, a “Debtor” and collectively, the “Debtors”), each Convertible Noteholder party hereto (collectively, the “Convertible Backstop Commitment Parties”), and each Senior Secured Noteholder party hereto (collectively, the “Senior Secured Backstop Commitment Parties” and
