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On February 21, 2024, American Airlines Group Inc. announced that its Chief Financial Officer, Mr. Devon May, has entered into a Restrictive Covenants Agreement and a Severance Agreement with the company. The agreements include post-employment restrictions such as non-competition for 18 months and non-solicitation for 24 months after the termination of his employment, regardless of whether severance is received. In the event of a termination without cause or resignation for good reason, Mr. May will be entitled to a severance package that includes 18 months of base salary, 1.5 times the annual target cash incentive, COBRA premium payments for up to 18 months, and continued vesting of outstanding equity awards for 18 months. Additionally, there is a provision for acceleration of equity awards if a termination occurs within two years following a change in control of the company. The report was officially signed by Priya R. Aiyar, Executive Vice President and Chief Legal Officer of American Airlines Group Inc., on February 26, 2024.
On February 21, 2024, American Airlines Group Inc. announced that its Chief Financial Officer, Mr. Devon May, has entered into a Restrictive Covenants Agreement and a Severance Agreement with the company. The agreements include post-employment restrictions such as non-competition for 18 months and non-solicitation for 24 months after the termination of his employment, regardless of whether severance is received. In the event of a termination without cause or resignation for good reason, Mr. May will be entitled to a severance package that includes 18 months of base salary, 1.5 times the annual target cash incentive, COBRA premium payments for up to 18 months, and continued vesting of outstanding equity awards for 18 months. Additionally, there is a provision for acceleration of equity awards if a termination occurs within two years following a change in control of the company. The report was officially signed by Priya R. Aiyar, Executive Vice President and Chief Legal Officer of American Airlines Group Inc., on February 26, 2024.
2024年2月21日，美国航空集团公司宣布，其首席财务官德文·梅先生已与该公司签订限制性契约协议和遣散费协议。这些协议包括离职后的限制，例如在他离职后的18个月内禁止竞争，以及不论是否收到遣散费，在他终止雇用后的24个月内不得拉客。如果无故解雇或因正当理由辞职，梅先生将有权获得遣散费，其中包括18个月的基本工资，1.5倍的年度目标现金激励，最多18个月的COBRA保费支付，以及18个月的持续未偿股权奖励。此外，还有一项规定，如果在公司控制权变更后的两年内终止，则可以加速股权奖励。该报告由美国航空集团执行副总裁兼首席法务官普里亚·艾亚尔于2024年2月26日正式签署。
2024年2月21日，美国航空集团公司宣布，其首席财务官德文·梅先生已与该公司签订限制性契约协议和遣散费协议。这些协议包括离职后的限制，例如在他离职后的18个月内禁止竞争，以及不论是否收到遣散费，在他终止雇用后的24个月内不得拉客。如果无故解雇或因正当理由辞职，梅先生将有权获得遣散费，其中包括18个月的基本工资，1.5倍的年度目标现金激励，最多18个月的COBRA保费支付，以及18个月的持续未偿股权奖励。此外，还有一项规定，如果在公司控制权变更后的两年内终止，则可以加速股权奖励。该报告由美国航空集团执行副总裁兼首席法务官普里亚·艾亚尔于2024年2月26日正式签署。
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