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American Airlines | 8-K: American Airlines Entered Into a Separation Agreement With Vasu Raja, Company's Former Chief Commercial Officer

American Airlines | 8-K: American Airlines Entered Into a Separation Agreement With Vasu Raja, Company's Former Chief Commercial Officer

美国航空 | 8-K:美国航空与公司前首席商务官Vasu Raja签订离职协议
美股sec公告 ·  07/12 16:53
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On July 11, 2024, American Airlines Group Inc. and its subsidiary American Airlines, Inc. entered into a Separation Agreement with Vasu Raja, the company's former Chief Commercial Officer. The agreement outlines severance benefits for Raja, including the continuation of his base salary through January 31, 2025, a lump sum payment of $968,750, and certain travel privileges, contingent upon his adherence to non-competition and non-solicitation covenants. The agreement follows Raja's termination of employment on June 30, 2024. The severance package is detailed in the agreement, which includes provisions for confidentiality, non-competition, and non-solicitation that extend through the severance period. Additionally, the agreement includes a clause for repayment and forfeiture of benefits should Raja breach the agreement's terms. The agreement also specifies that Raja will cooperate with the company post-termination and reaffirms his obligations to maintain confidentiality regarding proprietary information.
On July 11, 2024, American Airlines Group Inc. and its subsidiary American Airlines, Inc. entered into a Separation Agreement with Vasu Raja, the company's former Chief Commercial Officer. The agreement outlines severance benefits for Raja, including the continuation of his base salary through January 31, 2025, a lump sum payment of $968,750, and certain travel privileges, contingent upon his adherence to non-competition and non-solicitation covenants. The agreement follows Raja's termination of employment on June 30, 2024. The severance package is detailed in the agreement, which includes provisions for confidentiality, non-competition, and non-solicitation that extend through the severance period. Additionally, the agreement includes a clause for repayment and forfeiture of benefits should Raja breach the agreement's terms. The agreement also specifies that Raja will cooperate with the company post-termination and reaffirms his obligations to maintain confidentiality regarding proprietary information.
2024年7月11日,美国航空集团和其子公司美国航空公司与公司前首席商务官Vasu Raja签署了分离协议。该协议概述了Raja的离职福利,包括将其基本工资持续支付至2025年1月31日,一次性支付968,750美元的总和,以及某些旅行特权,但有赖于他遵守不竞争和不招揽承诺。此协议是在Raja于2024年6月30日终止雇佣关系之后签署的。协议详细说明了离职补偿安排,其中包括保密、不竞争和不招揽条款,这些条款在离职补偿期间持续有效。此外,该协议还包括违反协议条款时还款和放弃福利的条款。该协议还规定Raja将会在离职后继续与公司合作,并重申他对保守专有信息的义务。
2024年7月11日,美国航空集团和其子公司美国航空公司与公司前首席商务官Vasu Raja签署了分离协议。该协议概述了Raja的离职福利,包括将其基本工资持续支付至2025年1月31日,一次性支付968,750美元的总和,以及某些旅行特权,但有赖于他遵守不竞争和不招揽承诺。此协议是在Raja于2024年6月30日终止雇佣关系之后签署的。协议详细说明了离职补偿安排,其中包括保密、不竞争和不招揽条款,这些条款在离职补偿期间持续有效。此外,该协议还包括违反协议条款时还款和放弃福利的条款。该协议还规定Raja将会在离职后继续与公司合作,并重申他对保守专有信息的义务。
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