Time Inc.Time Inc. • November 3rd, 2016 • Periodicals: publishing or publishing & printing • New York
The following will serve to confirm our discussions concerning the terms and conditions of your employment with Time Inc. (the “Company”) and will constitute our agreement (“Agreement”):
Time Inc. Restricted Stock Units AgreementRestricted Stock Units Agreement • November 3rd, 2016 • Time Inc. • Periodicals: publishing or publishing & printing • Delaware
WHEREAS, the Company has adopted the “Plan” (as defined below), the terms of which are hereby incorporated by reference and made a part of this Restricted Stock Units Agreement, including any appendices attached hereto (collectively the “Agreement”); and
Time Inc. Performance Stock Units AgreementPerformance Stock Units Agreement • November 3rd, 2016 • Time Inc. • Periodicals: publishing or publishing & printing • Delaware
WHEREAS, the Company has adopted the “Plan” (as defined below), the terms of which are hereby incorporated by reference and made a part of this Performance Stock Units Agreement, including any appendices attached hereto (collectively the “Agreement”); and
September 12, 2016 Joseph A. Ripp Time Inc.Time Inc. • November 3rd, 2016 • Periodicals: publishing or publishing & printing
Inducement Award PlanInducement Award Plan • November 3rd, 2016 • Time Inc. • Periodicals: publishing or publishing & printing • New York
WHEREAS, the Company has adopted the “Plan” (as defined below), the terms of which are hereby incorporated by reference and made a part of this Non Qualified Stock Option Agreement, including any appendices attached hereto (collectively the “Agreement”); and
September 13, 2016Time Inc. • November 3rd, 2016 • Periodicals: publishing or publishing & printing
You and Time Inc. (the "Company") are parties to an employment agreement, dated December 11, 2015, which establishes the terms and conditions of your employment with the Company (the “Agreement”). This letter amends certain provisions of that Agreement, effective as of September 19, 2016, in the manner set forth below.
Time Inc.Time Inc. • November 3rd, 2016 • Periodicals: publishing or publishing & printing • New York
You and Time Inc. (the "Company") are parties to an employment agreement dated March 5, 2015 (the "Prior Agreement"). In connection with your appointment as our President and Chief Executive Officer, this agreement supersedes such Prior Agreement and will serve to confirm our discussions concerning the terms and conditions of your employment with the Company, and from and after the date hereof, will constitute our agreement ("Agreement"):
Time Inc. New York, NY 10281Employment Agreement • November 3rd, 2016 • Time Inc. • Periodicals: publishing or publishing & printing
Reference is made to your Employment Agreement dated February 19, 2014 (the “Employment Agreement”) with Time Inc. (the “Company”). Capitalized terms used herein but not otherwise defined in this agreement (“Separation Agreement”) shall have the meanings given such terms in the Employment Agreement. We have agreed that your employment with the Company will be terminated and the provisions of Section 5.4 of your Employment Agreement will apply, subject to the modifications set forth in this Separation Agreement (which modifications shall be deemed to constitute an amendment to your Employment Agreement). This Separation Agreement sets forth the understandings between the Company and you concerning the termination of your employment and your entitlements under the Employment Agreement.
