EXCHANGE AGREEMENTExchange Agreement • December 5th, 2024 • Rocket Lab USA, Inc. • Guided missiles & space vehicles & parts • Delaware
This Exchange Agreement (this “Agreement”), dated as of December 3, 2024, is entered into between Rocket Lab USA, Inc., a Delaware corporation (the “Company”), and The Equatorial Trust (the “Holder”).
Rocket Lab Limited Individual Employment Agreement Offer of employment to Sir Peter Beck for the position of Chief Executive Officer (“CEO”)Individual Employment Agreement • December 5th, 2024 • Rocket Lab USA, Inc. • Guided missiles & space vehicles & parts
We are pleased to offer you the following terms of employment. Once signed and returned, this document will become the employment agreement between you (the “Executive”) and Rocket Lab Limited (the “Employer”) and will remain in force for the period specified in Schedule One. This document supersedes any other agreement, arrangement, negotiation and understanding, whether in writing or not, relating to the matters herein and any variations to this agreement (the “Agreement”) will need to be mutually agreed upon by the Employer and the Executive and made in writing. Notwithstanding the foregoing, all documents and agreements referenced herein in this Agreement are incorporated herein by this reference as if fully set forth and in full force and effect, including, but not limited to, the Rocket Lab USA Executive Severance Plan, as amended from time to time (the “Executive Severance Plan”), all applicable equity agreements and bonus plans, and any other applicable employee benefit plans.
