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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，美國航空集團公司宣佈，其首席財務官德文·梅先生已與該公司簽訂限制性契約協議和遣散費協議。這些協議包括離職後的限制，例如在他離職後的18個月內禁止競爭，以及不論是否收到遣散費，在他終止僱用後的24個月內不得拉客。如果無故解僱或因正當理由辭職，梅先生將有權獲得遣散費，其中包括18個月的基本工資，1.5倍的年度目標現金激勵，最多18個月的COBRA保費支付，以及18個月的持續未償股權獎勵。此外，還有一項規定，如果在公司控制權變更後的兩年內終止，則可以加速股權獎勵。該報告由美國航空集團執行副總裁兼首席法務官普里亞·艾亞爾於2024年2月26日正式簽署。
2024年2月21日，美國航空集團公司宣佈，其首席財務官德文·梅先生已與該公司簽訂限制性契約協議和遣散費協議。這些協議包括離職後的限制，例如在他離職後的18個月內禁止競爭，以及不論是否收到遣散費，在他終止僱用後的24個月內不得拉客。如果無故解僱或因正當理由辭職，梅先生將有權獲得遣散費，其中包括18個月的基本工資，1.5倍的年度目標現金激勵，最多18個月的COBRA保費支付，以及18個月的持續未償股權獎勵。此外，還有一項規定，如果在公司控制權變更後的兩年內終止，則可以加速股權獎勵。該報告由美國航空集團執行副總裁兼首席法務官普里亞·艾亞爾於2024年2月26日正式簽署。
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