Vought Aircraft Industries, Inc. Post Office Box 655907, MS 49R-09 Dallas, TX 75265-5907Letter Agreement • May 7th, 2010 • Vought Aircraft Industries Inc • Aircraft parts & auxiliary equipment, nec • Delaware
Vought Aircraft Industries, Inc. (the “Company”) has entered into a merger agreement dated as of March 23, 2010 (the “Merger Agreement”), by and among the Company, Triumph Group, Inc. “TGI”), Spitfire Merger Corporation (together with TGI, the “Buyer”), and TC Group, L.L.C., as the Holder Representative, whereby the Buyer is to acquire the Company (the “Transaction”). This letter (this “Letter”) sets forth the terms and conditions of a bonus opportunity that is being provided to you in connection with the Transaction. All capitalized terms used but not defined in this Letter shall have the meanings assigned to such terms in the Merger Agreement.
Vought Aircraft Industries, Inc. Post Office Box 655907, MS 49R-09 Dallas, TX 75265-5907Vought Aircraft • May 7th, 2010 • Vought Aircraft Industries Inc • Aircraft parts & auxiliary equipment, nec • Delaware
Vought Aircraft Industries, Inc. (the “Company”) has entered into a merger agreement dated as of March 23, 2010 (the “Merger Agreement”), by and among the Company, Triumph Group, Inc. “TGI”), Spitfire Merger Corporation (together with TGI, the “Buyer”), and TC Group, L.L.C., as the Holder Representative, whereby the Buyer is to acquire the Company (the “Transaction”). This letter (this “Letter”) sets forth the terms and conditions of a bonus opportunity that is being provided to you in connection with the Transaction. All capitalized terms used but not defined in this Letter shall have the meanings assigned to such terms in the Merger Agreement.
VOUGHT AIRCRAFT INDUSTRIES, INC. CHANGE IN CONTROL SEVERANCE AGREEMENTSeverance Agreement • May 7th, 2010 • Vought Aircraft Industries Inc • Aircraft parts & auxiliary equipment, nec • Delaware
This Change in Control Severance Agreement (the “Agreement”) is made and entered into effective as of May 6, 2010 (the “Effective Date”), by and between Kevin McGlinchey (the “Executive”) and Vought Aircraft Industries, Inc. (the “Company”). Certain capitalized terms used in this Agreement are defined in Section 1 below.
VOUGHT AIRCRAFT INDUSTRIES, INC. CHANGE IN CONTROL SEVERANCE AGREEMENTVought Aircraft • May 7th, 2010 • Vought Aircraft Industries Inc • Aircraft parts & auxiliary equipment, nec • Delaware
This Change in Control Severance Agreement (the “Agreement”) is made and entered into effective as of May 6, 2010 (the “Effective Date”), by and between Ronald Muckley (the “Executive”) and Vought Aircraft Industries, Inc. (the “Company”). Certain capitalized terms used in this Agreement are defined in Section 1 below.
