Company: AYR
Filing Date: 2025-04-23
Form Type: 10-K
Source: 0001628280-25-019189
Chunk: 18

Company: Aircastle LTD
Filing Date: 2025-04-23
Form: 10-K
Item: Item 11
Chunk 18
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 payable to our NEOs upon termination of employment or a change in control, as described below.  The table below reflects amounts payable to our NEOs assuming termination of employment on February 28, 2025:

Name and Principal PositionVoluntary resignation by executiveTermination by us for causeTermination by us without causeTermination by us without cause or by executive for good reason following change in control(1)Termination by executive for good reasonNormal retirementDeath or disabilityMichael J. IngleseCash Severance$— $— $1,500,000 $3,000,000 $1,500,000 $— $— Pro-rata Bonus (assumes February 28 termination)— — 750,000 750,000 750,000 — 750,000 COBRA Reimbursement— — 78,484 78,484 78,484 — 78,484 Vacation80,769 80,769 80,769 80,769 80,769 80,769 80,769 Remainder of Restricted Cash and LTI Awards(1)— — 9,470,258 9,470,258 9,470,258 — 9,470,258 Roy ChandranCash Severance$— $— $1,150,000 $2,300,000 $1,150,000 $— $— Pro-rata Bonus (assumes February 28 termination)— — 575,000 575,000 575,000 — 575,000 COBRA Reimbursement— — 78,484 78,484 78,484 — 78,484 Vacation61,923 61,923 61,923 61,923 61,923 61,923 61,923 Remainder of Restricted Cash and LTI Awards(1)— — 3,503,986 3,503,986 3,503,986 — 3,503,986 Douglas C. WinterCash Severance$— $— $1,150,000 $2,300,000 $1,150,000 $— $— Pro-rata Bonus (assumes February 28 termination)— — 575,000 575,000 575,000 —