AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • May 25th, 2018 • Aar Corp • Aircraft & parts • Illinois
This Amended and Restated Employment Agreement (the “Agreement”) is made and entered into as of May 24, 2018, by and between AAR CORP., a Delaware corporation (the “Company”), and John M. Holmes (“Employee”), to be effective as of June 1, 2018 (the “Effective Date”).
Dear David: This letter agreement sets forth the terms and conditions of your voluntary retirement from AAR CORP. (“AAR”) on May 31, 2018. In consideration of the mutual promises in this letter agreement, you and we hereby agree to the following:Retirement Agreement • May 25th, 2018 • Aar Corp • Aircraft & parts • Illinois
May 24, 2018 Mr. David P. Storch Highland Park, IL 60035Chairman Agreement • May 25th, 2018 • Aar Corp • Aircraft & parts • Illinois
This letter agreement sets forth the terms and conditions of your service as Non-Executive Chairman of the Board of Directors of AAR effective June 1, 2018, and your consulting arrangement with AAR for the period June 1, 2018 through May 31, 2019.
FIRST AMENDMENT TO PURCHASE AGREEMENTPurchase Agreement • May 25th, 2018 • Aar Corp • Aircraft & parts • New York
This First Amendment to Purchase Agreement, dated as of May 22, 2018 (this “Amendment”), is among AAR CORP. (“AAR”), a Delaware corporation, as seller representative (in such capacity, the “Seller Representative”) on behalf of itself and each seller set forth on Exhibit A hereto (collectively, the “Sellers”), as servicer (in such capacity, the “Servicer” and, together with the Seller Representative, the “AAR Parties” and each an “AAR Party”), and as parent (in such capacity, the “Parent”), and CITIBANK, N.A. (the “Buyer”).
