RETENTION BONUS AGREEMENTRetention Bonus Agreement • December 18th, 2023 • PHI Group, Inc./De • Air transportation, nonscheduled
THIS RETENTION BONUS AGREEMENT (this “Agreement”) is made and entered into this [23 ] day of May, 2023, by and between the undersigned employer entity (the “Company”) and the undersigned employee of the Company (the “Employee”) and sets forth the terms and conditions for certain bonus payments made by the Company to the Employee. The Company’s offer of this Agreement expires on May [30], 2023.
SEPARATION AND GENERAL RELEASE AGREEMENTSeparation and General Release Agreement • December 18th, 2023 • PHI Group, Inc./De • Air transportation, nonscheduled
This SEPARATION AND GENERAL RELEASE AGREEMENT (this “Agreement”), dated as of May [19], 2023 (the “Agreement Date”), sets forth the agreement by and between David Motzkin (“Employee”) and PHI Group, Inc. (“PHI” or the “Company”) (each, a “party” and together, the “parties”) concerning the parties’ mutual understanding regarding the cessation of Employee’s employment with the Company and its affiliates (collectively, the “Company Group”).
