EMPLOYMENT AGREEMENTEmployment Agreement • August 10th, 2022 • Walt Disney Co • Services-miscellaneous amusement & recreation • California
EMPLOYMENT AGREEMENT, dated as of June 29, 2022, by and between The Walt Disney Company, a Delaware corporation (the “Company”), and Kristina K. Schake (“Executive”).
THE WALT DISNEY COMPANY Non-Qualified Stock Option Award AgreementNon-Qualified Stock Option Award Agreement • August 10th, 2022 • Walt Disney Co • Services-miscellaneous amusement & recreation
This AWARD AGREEMENT (the “Agreement”) is between you, Participant Name, and The Walt Disney Company (“Disney”), in connection with the Non-Qualified Stock Option Award (the “Option”) granted to you on Grant Date, by the Compensation Committee of the Board of Directors of Disney pursuant to the terms of the 2011 Stock Incentive Plan, as amended (the “Plan”), the applicable terms and conditions of which are incorporated herein by reference and made a part of this Agreement.
THE WALT DISNEY COMPANYWalt Disney Co • August 10th, 2022 • Services-miscellaneous amusement & recreation
This letter amends the captioned employment agreement (the “Agreement”) to (1) extend the term thereof by replacing the date February 28, 2023, in Paragraph 1 thereof with the date June 30, 2025, and (2) increase the target accounting award value specified in the third sentence of Paragraph 3(c) from $15 million to $20 million.
AMENDED AND RESTATED GENERAL RELEASEGeneral Release • August 10th, 2022 • Walt Disney Co • Services-miscellaneous amusement & recreation • California
WHEREAS, Geoff Morrell (hereinafter referred to as “Executive”) and The Walt Disney Company (hereinafter referred to as the “Company") are parties to an Employment Agreement, dated January 24, 2022, (the “Employment Agreement”), which provided for Executive’s employment with the Company on the terms and conditions specified therein; and
DISNEY CORPORATE SERVICES CO., LLC Burbank, California 91521 July 21, 2022Walt Disney Co • August 10th, 2022 • Services-miscellaneous amusement & recreation
This letter agreement will confirm that the Employment Agreement and Indemnification Agreement are hereby amended as follows, effective as of June 29, 2022:
July 14, 2022 Alan Braverman c/o The Walt Disney CompanyWalt Disney Co • August 10th, 2022 • Services-miscellaneous amusement & recreation
