Company: FLYW
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0001193125-25-089231
Chunk: 56

Company: Flywire Corp
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 56
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 unpaid annual bonus if he or she is terminated after the end of a fiscal year, but prior to payment of such bonus; |

| • |     | in the case of Messrs. Massaro, Orgel and Pitigoi, an additional six months of vesting with respect to any outstanding equity awards; and |

| • |     | the payment of COBRA continuation premiums for the applicable continuation period. |

The applicable continuation period is (i) six months for Messrs. Butterfield and Mr. King, (ii) nine months for Messrs. Orgel and Pitigoi, and (iii) 12 months for Mr. Massaro. Cause is defined in the employment agreements as (i) a material failure by the executive to comply with our written policies or rules after being provided written notice and failing to remedy such failure within 30 days after such notice; (ii) the executive’s conviction of, or plea of guilty or no contest to, a crime involving moral turpitude, deceit, dishonesty or fraud that has caused harm to us or any affiliate of ours; (iii) the executive’s willful and continued failure to substantially perform (other than by reason of disability) his duties and responsibilities assigned or delegated after receiving written notification of such failure from our board of directors and failing to remedy such failure within 30 days after such notice; (iv) any intentional act of dishonesty, deceit, fraud, moral turpitude, misconduct, breach of trust or acts intentionally against the financial or business interests of Flywire by the executive, or his use or possession of illegal drugs in the workplace; (v) the material breach by the executive of any of his obligations under any agreement between him and us after being provided written notice and failing to remedy such failure within 30 days after such notice; or (vi) the executive’s failure to cooperate in good faith with a governmental or internal investigation of Flywire or its directors, officers or employees, if we have requested his cooperation. Notwithstanding the foregoing, no act, or failure to act, will be deemed willful or intentional if done or omitted to be done by the executive in good faith with a reasonable belief that his act, or failure to act, was in the best interest of Flywire. Resign for Good Reason is defined in the employment agreement as a separation as a result of the executive resigning within 12 months after one of the following conditions has come into existence without his written consent: (i) a material diminution in the