Participation and Restrictive Covenants Agreement Sample Contracts

PARTICIPATION AND RESTRICTIVE COVENANTS AGREEMENT
Participation and Restrictive Covenants Agreement • August 9th, 2024 • Forward Air Corp • Arrangement of transportation of freight & cargo • Georgia

This PARTICIPATION AND RESTRICTIVE COVENANTS AGREEMENT (this “Agreement” or this “Restrictive Covenants Agreement”) is entered into as of July 3, 2024, between Forward Air Corporation (the “Company”) and Jamie G. Pierson (the “Executive”) (jointly the “Parties”) pursuant to which the Executive accepts participation in the Forward Air Corporation Executive Severance and Change in Control Plan (the “Severance Plan”) subject to the terms and conditions thereof as amended from time to time. Capitalized terms not otherwise defined herein, shall have the meaning set forth in the Severance Plan. For so long as Executive is the Chief Financial Officer of the Company, he shall be deemed a “C-Suite Employee” while holding this title (as defined in the Severance Plan) for all purposes under the Severance Plan.

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PARTICIPATION AND RESTRICTIVE COVENANTS AGREEMENT
Participation and Restrictive Covenants Agreement • June 12th, 2018 • Forward Air Corp • Arrangement of transportation of freight & cargo • Georgia

This PARTICIPATION AND RESTRICTIVE COVENANTS AGREEMENT (this “Agreement” or this “Restrictive Covenants Agreement”) is entered into as of June 6, 2018, between Forward Air Corporation (the “Company”) and Thomas Schmitt (the “Executive”) (jointly the “Parties”) pursuant to which the Executive accepts participation in the Forward Air Corporation Executive Severance and Change in Control Plan (the “Severance Plan”) subject to the terms and conditions thereof as amended from time to time.

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