Transition AgreementTransition Agreement • March 17th, 2014 • Willis Lease Finance Corp • Wholesale-machinery, equipment & supplies
We understand that you plan to retire effective May 31, 2013. Your decision will be implemented during a five month transition period commencing January 1, 2013 (the Transition Period”). This letter, on your signature, will constitute your agreement with Willis Lease Finance Corporation (“Willis”), on the terms of your employment during your Transition Period. Except where otherwise indicated, this Agreement supersedes and replaces your Employment Agreement dated as of September 19, 2005 (the “2005 Agreement”) (a copy of this is attached to this Agreement as Exhibit A).
