Company: FLYW
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0001193125-25-089231
Chunk: 55

Company: Flywire Corp
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 55
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 (1) (one and one-half (1.5) in the case of Mr. Massaro) multiplied by the sum of (1) his then current base salary and (2) his annual target bonus; |

| b. | the payment of COBRA continuation premiums for up to 12 months (18 months in the case of Mr. Massaro); and |

Flywire Corporation 40 2025 Proxy Statement

| c. | any unvested option shares and equity awards that are subject to time-based vesting shall be vested in full and non-forfeitable; provided, that, (1) with respect to Messrs. Massaro and Orgel, in the event that, prior to such termination, any unvested options held by the executive were terminated without payment upon the closing of the change in control, then, in lieu of the acceleration of such vesting, the executive shall receive a cash payment equal in value to the difference between (i) the amount payable per share in the change in control, multiplied by the number of option shares that would have been accelerated and (ii) the aggregate exercise price of such shares; and (2) ) with respect to Mr. Pitigoi, in the event that, prior to such termination, any unvested RSUs held by the executive were terminated without payment upon the closing of the change in control, then, in lieu of the acceleration of such vesting, the executive shall receive a cash payment equal to the amount payable per share in the change in control, multiplied by the number of RSUs that would have been accelerated. Solely with respect to Mr. Orgel’s stock options that were outstanding as of May 28, 2021, Mr. Orgel may exercise such vested options for up to 12 months following a termination without Cause or his Resignation for Good Reason in connection with a change in control provided that no such exercise period shall extend beyond the applicable extension date of such options. |

| (2) | Pursuant to their employment agreements, if we terminate the employment of any of our NEOs without Cause or if such executive Resigns for Good Reason outside of a Change in Control Window, then, subject to them executing and not revoking a release of claims against us, such named executive will be eligible to receive: |

| • |     | salary continuation at his then current base salary for the applicable continuation period following such termination; |

| • |     | a lump sum payment equal to his accrued and