Document:

Compromise Agreement - Tilmann Gabriel

 Exhibit 10.34 

 

					
	Without prejudice and subject to contract	 	  
 COMPROMISE AGREEMENT

 
 between

 
 EEA HELICOPTER OPERATIONS B.V. a company incorporated pursuant to the laws of
the Netherlands and having a place of business at CHC House, Howe Moss Drive, Kirkhill Industrial Estate, Dyce, Aberdeen. AB21 OGL.
  

		 	  
	 	(“the Company”)
		 	  
 and

 
 MR. TILMANN GABRIEL, residing at [home address]

 

		 	  
	 	(“the Employee”)
		
		 	  

 WHEREAS 
  

	(A)	The Employee’s employment with the Company will terminate with effect from 5 April 2011. 

 

	(B)	The Employee maintains that he may have certain claims against the Company in respect of his employment or the termination thereof. 

 

	(C)	Without admitting the validity of all or any of these claims, the Company desires to settle fully and finally any and all claims relating to the Employee’s
employment or the termination thereof. 

  

	(D)	The Company is entering into this Agreement for itself and as agent for all its Associated Companies and is duly authorised to do so in that respect.

 NOW THEREFORE THE PARTIES AGREE AS FOLLOWS:- 

 

	1	DEFINITIONS AND INTERPRETATION 

  

	1.1	In this Agreement the following words and expressions shall bear the meanings set out below:- 

 

							
		 	“Associated Company”	 	means	 	
				
		 		 	    (i)	 	a company which is a subsidiary or a holding company (as those expressions are defined in Section 1159 of the Companies Act 2006) of the Company or a subsidiary (other than the
Company) of a holding company of the Company; and
				
		 		 	    (ii)	 	6922767 Holding (Cayman) Inc and a company which is a subsidiary or a holding company (as those expressions are defined in Section 1159 of the Companies Act 2006) of 6922767 Holding
(Cayman) Inc or a subsidiary (other than 6922767 Holding (Cayman) Inc) of a holding company of 6922767 Holding (Cayman) Inc,
			
		 		 	and a company shall be treated, for the purposes only of the membership requirement contained in subsections 1159(l)(b) and (c), as a member of another company even if
its shares in that other company are registered in the name of (a) another person (or its nominee), whether by way of security or

  
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		 		 	in connection with the taking of security, or (b) its nominee. For the avoidance of doubt CHC Scotia Limited and CHC Helicopter SA shall each be deemed to be an
Associated Company.
			
		 	“Termination Date”	 	means 5 April 2011

  

	1.2	References in this Agreement to statutory provisions shall be construed as to include any statutory modifications or re-enactments of the relevant statutory provisions
from time to time. 

  

	1.3	Words importing any gender shall include the other gender. 

  

	1.4	Headings are for convenience only and shall not affect the construction or interpretation of this Agreement 

 

	2	TERMINATION OF EMPLOYMENT 

  

	2.1	The Employee’s employment will terminate with effect from the Termination Date. The parties agree that this shall be the effective date of termination for all
purposes. The Employee will be sent Inland Revenue P45 as soon as reasonably practicable after the Termination Date. 

  

	2.2	The Employee hereby confirms that his paperwork and other tasks are in good order and that a smooth transition of his responsibilities will be effected to any
successor(s) prior to the Termination Date. 

  

	2.3	The Employee will submit on or before the Termination Date a final expenses claim. The Company will reimburse the Employee for all expenses reasonably incurred in the
proper performance of his duties in accordance with Company guidelines. 

  
 3 

	2.4	The Company will continue to pay the Employee and provide him with his entitlement to salary and other benefits under his contract of employment, including payment in
lieu of holiday untaken, for the period ending on the Termination Date, when (save as set out in this Agreement) all such entitlements will cease. The Employee acknowledges and agrees that all payment in lieu of bonus and other wages are paid as per
the termination provisions in his Employment Agreement dated October 30, 2009 and are included in the compensation amount in Clause 2.5 below and that he has no other claim for or entitlement to payment in lieu of untaken holiday or by way of
reimbursement of expenses or payment as a bonus, commission, profit-sharing or other incentive payment against the Company or any of its Associated Companies. The Employee also hereby acknowledges and agrees that save as expressly provided in this
Agreement, he has no claim for or entitlement to any allocation of shares or to any bonus payments payable in the future. 

  

	2.5	The Company will pay to the Employee the following sum(s) subject to the deduction of income tax and National Insurance contributions:- 

 

	 	2.5.1	THREE HUNDRED AND NINETY EIGHT THOUSAND TWO HUNDRED AND TWENTY FOUR POUNDS (£398,224) STERLING as a payment of contractual notice and benefits.

  

	 	2.5.2	For the avoidance of doubt the Employee will continue to be paid his salary and all contractual benefits in the usual way for the period up to and including the
Termination Date. 

  

	2.7	The Company and the Employee agree that as at the Termination Date, the Employee has served his contractual notice period in accordance with the terms of his contract
of employment with the Company. 

  
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	2.8	Notwithstanding the terms of Clause 5 below, the Employee will be entitled to retain his mobile telephone number +44-7824-480488. 

 

	3	COMPENSATION FOR LOSS OF EMPLOYMENT 

  

	3.1	As compensation for the Employee’s loss of employment and subject to compliance by the Employee with his obligations under this Agreement the Company will pay the
Employee the sum(s) and provide the benefits and/or implement the other arrangements set out below in clause 3.2. 

  

	3.2	The Company shall within fourteen days of the later of the Termination Date or the date of Delivery of this Agreement duly executed by the Employee and the Relevant
Independent Advisor pay to the Employee the sum of FORTY ONE THOUSAND SEVEN HUNDRED AND FIFTY POUNDS(£41,750) STERLING as compensation for loss of employment and not as an emolument, subject to the terms of Clause 7 hereof.

  

	3.3	The payment referred to in Clause 3.2 will be made after deduction of income tax or such tax deduction as required by law on the excess over £30,000 only in
accordance with Section 403 of the Income Tax (Earnings and Pensions) Act 2003. 

  

	4	LEGAL FEES 

 The Company will
make a contribution of £1,000 plus VAT towards the reasonable legal costs incurred by the Employee for advice received relating exclusively to the termination of the Employee’s employment. Payment of this sum will be made directly to the
Employee’s solicitors by the Company within 28 days of the Company receiving a copy of such invoice or invoices as the Employee shall receive from his solicitors. 

  
 5 

	5	RETURN OF COMPANY PROPERTY 

 The
Employee agrees to return (and not to retain or create whether by “email” transmission or otherwise any copies of) all books, documents, papers, faxes (including copies) computer discs, tapes, materials, credit or charge cards, security
passes, keys, mobile telephones, facsimile machines, personal computers, laptops, other business equipment and any other property of or relating to the businesses of the Company and any of its Associated Companies in the Employee’s possession
or under the Employee’s control to the Company’s head office (or as the Company otherwise directs) on or by no later than the Termination Date/date of this Agreement. The Employee shall immediately inform the Company of the passwords used
by him on computers which are the property of the Company and any of its Associated Companies. The Employee shall delete all personal information held on any computer or laptop belonging to the Company or any of its Associated Companies but shall
return to the Company intact all information and files thereon belonging or relating to the businesses of the Company or any of its Associated Companies by such means as the Company may specify. The Employee shall furthermore delete from the hard
drive of any computer or laptop belonging to the Employee any information and files belonging or relating to the businesses of the Company or any of its Associated Companies and shall return intact to the Company any such information and files by
such means as the Company may specify. 
  

	6	CONFIDENTIALITY 

  

	6.1	The Employee undertakes (subject to his rights, if any, under the Public Interest Disclosure Act 1998) that he will not, whether directly or indirectly, make, publish
or otherwise communicate any disparaging or derogatory statements (whether of fact, belief or opinion) and whether in writing or otherwise, concerning the Company, any of its Associated Companies or their respective shareholders, officers or
employees. 

  
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	6.2	The Company will make reasonable endeavours to ensure that it does not, whether directly or indirectly, make, publish or otherwise communicate any disparaging or
derogatory statements (whether of fact, belief or opinion) and whether in writing or otherwise, concerning the Employee. 

  

	6.3	The Employee and the Company agree to keep the terms of this Agreement strictly confidential and not to disclose, communicate or otherwise make public the same to
anyone unless expressly authorised by the Company (save as to their respective professional advisors and the relevant tax authorities and in the case of the Employee, his immediate family. 

 

	6.4	The Employee acknowledges that he will continue to owe a duty of confidentiality to the Company after termination of his employment and will not divulge to any person,
company, firm, corporate body or any third party any information concerning the business or affairs of the Company or any of its Associated Companies which may have come into the Employee’s knowledge by reason of his employment. This
restriction shall not apply to information that comes into the public domain other than through unauthorised disclosure by the Employee or to information which the Employee is required by law to disclose. 

 

	7	POST-TERMINATION RESTRICTIONS 

  

	7.1	The Employee acknowledges and agrees that he will continue to be bound by the terms of the post termination obligations set out in the Employment Agreement between the
Employee and the Company dated 30 October 2009. In particular, the Employee agree that he will be bound by the terms of Clause 9 of the said Employment Agreement, which are set out in Schedule 1 to this Agreement. 

  
 7 

	8	TAX INDEMNITY 

 The Employee
agrees to fully and properly indemnify and keep indemnified the Company against any demand for income tax, national insurance contributions, penalties and interest thereon arising in respect of the payments, benefits and arrangements set out in this
Agreement and any costs, damages or expenses which the Company may incur in connection with such demand. The Company shall allow the Employee a reasonable opportunity to challenge any assessment of such tax or employee’s national insurance
contributions, penalties and interest, provided the Employee The Employee shall not be responsible for any interest, penalties, costs or expenses as a result of the Company’s fault or delay in dealing with any demand for tax in relation to the
Employee 
  

	9	CLAIMS AGAINST THE COMPANY 

  

	9.1	The Employee hereby intimates the following claims, complaints or rights of action arising out of the Employee’s employment with the Company or the termination
thereof (“the Claims”):- 

  

	 	9.1.1	Damages for breach of contract or for wrongful dismissal including any claim for “stigma” damages; 

 

	 	9.1.2	Unfair dismissal under Section 94 of the Employment Rights Act 1996; 

  

	 	9.1.3	Automatic unfair dismissal to include automatic unfair dismissal under Sections 98A, 98B, 99, 100, 101, 101A, 102, 103, 103A, 104, 104A, 104B and 104C of the Employment
Rights Act 1996. 

  

	 	9.1.4	 Automatic unfair dismissal under Section 4(3)(b) of the Rehabilitation of Offenders Act 1974; under Section 152 of the Trade Union and Labour
Relations 

  
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(Consolidation) Act 1992; under paragraph 161 of Schedule A1 of the Trade Union and Labour Relations (Consolidation) Act 1992; under Section 238A of the Trade Union and Labour Relations
(Consolidation) Act 1992; under Section 12(3) of the Employment Relations Act 1999; under Regulation 8(1) of the Transfer of Undertakings (Protection of Employment) Regulations 2006; under Regulation 28 of the Transnational Information and
Consultation of Employees Regulations 1999; under the Part-Time Workers (Prevention of Less Favourable Treatment) Regulations 2000; under the Fixed-Term Employees (Prevention of Less Favourable Treatment) Regulations 2002; under the European Public
Limited Liability Company Regulations 2004; and under the Information and Consultation of Employees Regulations 2004. 

  

	 	9.1.5	Breach of the Employee’s rights of accompaniment at disciplinary or grievance hearings under Sections 10 to 12 of the Employment Relations Act 1999;

  

	 	9.1.6	A redundancy payment including any claim for a statutory redundancy payment under Section 135 of the Employment Rights Act 1996; 

 

	 	9.1.7	Any claim of discrimination under any provision of the Equality Act 2010; 

  

	 	9.1.8	Sex discrimination, harassment or victimisation under the Sex Discrimination Act, 1975; 

 

	 	9.1.9	Race discrimination, harassment or victimisation under the Race Relations Act 1976; 

 

	 	9.1.10	Discrimination or harassment on grounds of sexual orientation or victimisation under the Employment Equality (Sexual Orientation) Regulations 2003;

  
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	 	9.1.11	Discrimination or harassment on grounds of religion or belief or victimisation under the Employment Equality (Religion or Belief) Regulations 2003:

  

	 	9.1.12	Any claim of harassment and/or similar conduct under the Protection from Harassment Act 1997; 

 

	 	9.1.13	Disability discrimination, harassment or victimisation under the Disability Discrimination Act 1995; 

 

	 	9.1.14	Under Sections 43M, 44, 45, 45A, 46, 47, 47A, 47B, 47C, 47D, 47E, of the Employment Rights Act 1996 in respect of breach of the right not to be subjected to any
detriment on grounds specified therein; 

  

	 	9.1.15	Under Sections 80F, 80G, 80H and/or 80I of the Employment Rights Act 1996 in respect of a breach of the statutory right to request contract variation;

  

	 	9.1.16	Under Section 80 of the Employment Rights Act 1996 in respect of parental leave; 

 

	 	9.1.17	Equal pay under the Equal Pay Act 1970; 

  

	 	9.1.18	Any claim under the Working Time Regulations 1998 in respect of working time or holiday or rest periods; 

 

	 	9.1.19	A protective award under the Trade Union and Labour Relations (Consolidation) Act 1992; 

 

	 	9.1.20	For victimisation on grounds of Trade Union membership or non-membership or Trade Union activities under the Trade Union and Labour Relations (Consolidation) Act 1992;

  
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	 	9.1.21	Any claim for payment of the national minimum wage and/or claim of breach of the provisions of the National Minimum Wage Act 1998; 

 

	 	9.1.22	Any claim of less favourable treatment in relation to contractual terms and/or in respect of breach of the right not to be subjected to any other detriment under the
Part-Time Workers (Prevention of Less Favourable Treatment) Regulations 2000; 

  

	 	9.1.23	Any claim of less favourable treatment in relation to contractual terms and/or in respect of breach of the right not to be subjected to any other detriment under the
Fixed-Term Employees (Prevention of Less Favourable Treatment) Regulations 2002; 

  

	 	9.1.24	Any claim of breach of the Transnational Information and Consultation of Employees Regulations 1999 including but not limited to failure to establish European Works
Council and failure to inform and consult; 

  

	 	9.1.25	Any claim for failure to inform and consult and/or breach of the Information and Consultation of Employees Regulations 2004; 

 

	 	9.1.26	Discrimination or harassment on grounds of age or victimisation under the Employment Equality (Age) Regulations 2006; 

 

	 	9.1.27	Any claim for personal injury including any claim for physical or psychiatric illness relating to any acts of discrimination or any stress related claims and/or any
claims relating to depression save for latent personal injury unconnected with the events leading to the termination of the Employee’s employment. 

  

	9.2	 The Employee acknowledges that the terms of this Agreement are in full and final settlement of all claims, complaints, costs, expenses or rights of
action of any kind (if any) which the 

  
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Employee has or may in the future have against the Company or any of its Associated Companies and their respective shareholders, officers or employees, whether at common law, under statute or
otherwise (either in the United Kingdom or in any other jurisdiction), whether known or not and whether existing in fact or in law or not, arising out of the Employee’s employment with the Company or the termination thereof including but not
limited to the Claims under clause 9.1 but excluding any claims in respect of accrued pension rights or damages for latent personal injury as aforesaid in respect of the latter of which the Employee warrants that he is not aware of any such claims.

  

	9.3	The Company and the Employee agree and acknowledge that the conditions regulating compromise agreements under Section 203(3) of the Employment Rights Act 1996,
Section 288 of the Trade Union and Labour Relations (Consolidation) Act 1992, Section 77(4) of the Sex Discrimination Act 1975, Section 72(4) of the Race Relations Act 1976, Schedule 4 of the Employment Equality (Sexual Orientation)
Regulations 2003, Schedule 4 of the Employment Equality (Religion or Belief) Regulations 2003, Schedule 3A of the Disability Discrimination Act 1995, Section 147 of the Equality Act 2010, Regulation 35(3) of the Working Time Regulations 1998,
Section 49(4) of the National Minimum Wage Act 1998, Regulation 41(4) of the Transnational Information and Consultation of Employees Regulations 1999, Regulation 40 of the Information and Consultation of Employees Regulations 2004 and
Regulation 43 of the Employment Equality (Age) Regulations 2006 (hereinafter referred to as “the Acts”) are intended to be and have been satisfied. 

 

	9.4	The parties agree that the effect of this Agreement is that (save for claims in respect of accrued pension rights or damages for latent personal injury as aforesaid)
there is no dispute open to the Employee in law, either before the Employment Tribunal, Court or any other judicial, quasi judicial or administrative body arising out of the Employee’s employment with the Company or the termination thereof.
Should any such claim in law or in fact emerge in the future which was not previously know or foreseeable, the parties agree that there should be no recourse to any remedy in any jurisdiction for the same time. The payment of the sum(s) referred to
in clause 3 takes account of the risk of the existence of such potential claims. 

  
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	9.5	The Employee undertakes to repay to the Company the payment referred to in clause 3 immediately upon demand in the event the Employee raises any claims or proceedings
against the Company or any of its Associated Companies or their respective shareholders, officers or Employees (whether in any Employment Tribunal, civil court or otherwise) in respect of any of the matters which are settled under clause 8.2 and 8.6
or are the subject of the Employee’s warranty under clause 8.5 or if the Employee is in material breach of his other obligations in terms of this Agreement. The Employee agrees that in such circumstances the payment referred to in clause 3 will
be recoverable as a debt. 

  

	9.6	The parties agree that the effect of this Agreement is that (save for claims in respect of accrued pension rights or damages for latent personal injury as aforesaid)
there is no dispute open to the Employee in law, either before the Employment Tribunal, Court or any other judicial, quasi judicial or administrative body arising out of the Employee’s employment with the Company or the termination thereof.
Should any such claim in law or in fact emerge in the future which was not previously known or foreseeable, the parties agree that there should be no recourse to any remedy in any jurisdiction for the same. 

 

	10	WARRANTIES 

  

	10.1	The Employee warrants and confirms to the Company that:- 

  

	 	10.1.1	he has received independent legal advice from a relevant independent advisor as defined in Section 203(3A) of the Employment Rights Act 1996 (“the Relevant
Independent Advisor”) as to the terms and effect of this Agreement and in particular its effect on his ability to pursue his rights before an Employment Tribunal. The name of the Relevant Independent Advisor who has so advised the Employee is
Tony Dawson, James & George Collie Solicitors, 1 East Craibstone Street Aberdeen AB11 6YQ; and 

  
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	 	10.1.2	he has been advised by the Relevant Independent Advisor that there is in force and was at the time the Employee received the advice referred to above insurance or
indemnity cover for the risk of a claim by the Employee in respect of loss arising in consequence of that advice. 

  

	 	10.1.3	save for any latent personal injury claim as aforesaid or claims in respect of accrued pension rights the claims listed at clause 10.1 above consist of all the claims
or potential claims that the Employee has or may have against the Company or any of its Associated Companies or their respective shareholders, officers or employees arising out of his employment or its termination. The Employee confirms that he
enters into this warranty having taken legal advice on the claims and potential claims that he may have. 

  

	 	10.1.4	he has not either on, before or after the Termination Date, done any act or omitted to do any act which would have entitled the Company to terminate the Employee’s
employment summarily and without compensation. 

  

	 	10.1.5	he shall not (directly or indirectly) make a complaint about the Company or any Associated Company to any regulatory body. 

 

	 	10.1.6	he shall not (directly or indirectly) make a subject access request under the Data Protection Act 1998 to the Company or any Associated Company.

  

	 	10.1.7	he has hereby resigned from all offices or directorships he holds with the Company or any Associated Company. 

  
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	11	ASSISTANCE IN ANY PROCEEDINGS 

The Employee agrees that he will, on the request of the Company, at any time after the Termination Date assist it in any threatened or
actual litigation concerning it where the Employee has in his possession or knowledge any facts or other matters which the Company reasonably considers is relevant to such legal proceedings (including but not limited to giving statements of
truth/affidavits/depositions, meeting with legal and other professional advisors and attending any hearing and giving evidence) provided always that in the giving of such assistance, the Employee shall be reimbursed by the Company of his reasonable
out of pocket expenses which shall include reasonable legal costs and any loss of earnings incurred by him subject in all cases to the Employee providing satisfactory evidence of his expenses and/or losses and taking such steps as are reasonable to
mitigate his loss of earnings. 
  

	12	HOLDING OUT 

 Following the
Termination Date, the Employee will not, save as agreed, represent himself as being employed by, or concerned in any way with the Company or any of its Associated Companies. 

 

	13	CHOICE OF LAW 

 This Agreement
shall be governed by and construed in accordance with Scots Law and the parties submit to the exclusive jurisdiction of the Scottish courts. 
  

	14	WHOLE AGREEMENT 

  

	14.1	This Agreement sets out the entire agreement between the parties and supersedes all prior discussions between them or their advisors and all statements,
representations, terms and conditions, warranties, guarantees, proposals, communications and understandings whenever given and whether orally or in writing in respect of the subject matter of this Agreement. 

  
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	14.2	In the event of an Employment Tribunal, court or any other judicial, quasi judicial or administrative body declaring void any clause or clauses contained in this
Agreement the remaining clauses of this Agreement shall continue to be valid and binding. 

  

	14.3	Notwithstanding that this Agreement is marked “without prejudice” and “subject to contract” once signed by the parties this Agreement shall be
deemed to be an open and binding contract. 

 IN WITNESS WHEREOF this Agreement has been executed by the parties at the place(s)
and on the date(s) undernoted. 
 Signed for and on behalf of CHC SCOTIA LIMITED in the presence of 

 

							
	  
	 	Witness	 	  

	Director/Authorised Signatory	 		 	
				
		 		 	Full Name	 	  

			
	  
	 		 	
	Full name (BLOCK CAPITALS)	 	Address	 	  

				
	At	 	  
	 		 	  

				
	On	 	  
	 		 	  

 SIGNED by the Employee in the presence of:- 

  
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	 	Witness	 	 

	[NAME]	 		 	
				
		 		 	Full Name	 	 ANTHONY JAMES DAWSON

			
	 Tilmann Gabriel
	 		 	
	Full name (BLOCK CAPITALS)	 	Address	 	 1 EAST CRAIBSTONE STREET

				
	At	 	 13:23, Berlin, Germany
	 		 	 ABERDEEN

				
	On	 	 4th April 2011
	 		 	 AB116YQ

 I, Tony Dawson, Relevant Independent Advisor, confirm that I have given independent advice to Tilmann Gabriel in respect
of the above Agreement in terms of the Acts (as defined in the above Agreement). 
  

	
	 

	
	5th April 2011

  
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 This is a Schedule 1 part referred to in the foregoing Name of Document in Title Case 

SCHEDULE 1 
 The Employee agrees
that he is bound by the terms of Clause 9 of the Employment Agreement (stated below) as referred to in Clause 7 of this Agreement. :- 
  

	9	NON-COMPETITION 

  

	9.1	The Executive recognizes and understands that in performing the duties and responsibilities of his employment as provided in this Agreement, he will occupy a position
of high fiduciary trust and confidence, pursuant to which he will develop and acquire wide experience and knowledge with respect to all aspects of the Employer’s Global helicopter services and other businesses carried on by the Employer and its
affiliates and the manner in which such businesses are conducted. It is the express intent and agreement of the Executive and the Employer that such knowledge and experience shall not be used in any manner which would be detrimental to the business
interests of the Employer and such affiliates whether during the currency of his employment by the Employer or at any time following the termination of his employment with the Employer. The Executive covenants and agrees with the Employer that the
Executive will not, without the prior written consent of the Employer, at any time within a period of twelve (12) months following the termination of the Executive’s employment for any reason, either individually or in partnership or in
conjunction with any person, whether as principal, agent, shareholder, director, officer, employee, investor, or in any manner whatsoever, directly or indirectly, advise, manage, carry on, be engaged in, own or lend money to, or permit the
Executive’s name or any part thereof to be used or employed by any person managing, carrying on or engaged in a business of supplying global, national or local helicopter services. 

  
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	9.2	The Executive shall not, for a period of twenty-four (24) months after the termination of employment for any reason, without the prior written consent of the
Employer, for his account or jointly with another, either directly or indirectly, for or on behalf of himself or any individual, partnership, corporation or other legal entity, as principal, agent, employee or otherwise, solicit, influence, entice
or induce, attempt to solicit, influence, entice or induce: 

  

	 	(a)	any person who is employed by the Employer or any affiliated company to leave such employment; or 

 

	 	(b)	any person, firm or corporation whatsoever, who or which has at any time in the last two (2) years of the Executive’s employment with the Employer or any
predecessor of the Employer, been a customer of the Employer, an affiliate company, or of any of their respective predecessors, provided that this subsection shall not prohibit the Executive from soliciting business from any such customer if the
business is in no way similar to the business carried on by the Employer, an affiliated company, any of their respective predecessors, subsidiaries or associates to cease its relationship with the Employer or any affiliated company.

  

					
	  
	 		 	 

	(Signed on behalf of the Company)	 		 	(Signed by the Employee)

  
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	 CONTENTS
	  			
			
	 1
	  	 DEFINITIONS AND INTERPRETATION
	  	 	2	  
			
	 2
	  	 TERMINATION OF EMPLOYMENT
	  	 	3	  
			
	 3
	  	 COMPENSATION FOR LOSS OF EMPLOYMENT
	  	 	5	  
			
	 4
	  	 LEGAL FEES
	  	 	5	  
			
	 5
	  	 RETURN OF COMPANY PROPERTY
	  	 	6	  
			
	 6
	  	 CONFIDENTIALITY
	  	 	6	  
			
	 7
	  	 POST-TERMINATION RESTRICTIONS
	  	 	7	  
			
	 8
	  	 TAX INDEMNITY
	  	 	8	  
			
	 9
	  	 CLAIMS AGAINST THE COMPANY
	  	 	8	  
			
	 10
	  	 WARRANTIES
	  	 	13	  
			
	 11
	  	 ASSISTANCE IN ANY PROCEEDINGS
	  	 	15	  
			
	 12
	  	 HOLDING OUT
	  	 	15	  
			
	 13
	  	 CHOICE OF LAW
	  	 	15	  
			
	 14
	  	 WHOLE AGREEMENT
	  	 	15	  
		
	 SCHEDULE 1
	  	 	18	  
			
		  	 NON-COMPETITION
	  	 	18	  

  
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 Without prejudice and subject to contract 

COMPROMISE AGREEMENT 
 between 
 EEA HELICOPTER OPERATIONS B.V. 

and 
 TILMANN
GABRIEL 
 Re: Termination of Employment 
 Paull & Williamsons LLP 
 Solicitors 

Union Plaza, 1 Union Wynd, Aberdeen AB10 1DQ DXAB35 
 T: +44 (0) 1224 621621 F: +44 (0) 1224 627437 

www.paull-williamsons.co.uk 
 CHC/3/ 106/HSR/SMACDOffer Letter - Michael Summers

 Exhibit 10.35 
 

 
  

			
		 	October 26, 2010
		
		 	Mr. Michael Summers
		 	[home address]
		 	
		
		 	Dear Mike,
		
	 CHC Helicopter
  

4740 Agar Drive,
 Richmond, B.C.

Canada
 V7B 1A3

 
 T 604.276.7500
 F 604.247.7106
 www.chc.ca
	 	 We are pleased to confirm our offer of employment to you for the position of ‘Senior Vice President, Human Resources’,
reporting to the President and CEO of the CHC Group. In your role you will be employed by Heli-One American Support, LLC (referred to as “CHC”) in Fort Collins, Colorado. This letter will summarize the terms of your employment including
the major features of your compensation and benefits plans and practices, and should be read in conjunction with the Employment Agreement between yourself and Heli-One American Support LLC dated October 4, 2010.

 
 In accepting this offer, your commencement date will be October 4, 2010. Your
annual salary will be USD$450,000 to be paid semi-monthly. You will also receive a monthly car allowance of USD$900 to be paid semi-monthly.
  

Subject to your performance after your (6) month review you will be moved onto a schedule whereby your salary will be reviewed annually based on
CHC’s fiscal year (May 01 to April 30) and maintained or increased based on your performance and other factors.
  
 In addition to your salary, you will be eligible to participate in the Company Short Term Incentive Plan (STIP). Under this plan, your annual target performance bonus is eighty five percent (85%) of your
annual base salary earnings based on corporate performance. For 2011 plan year, you will receive a guaranteed 7/12th
of your bonus entitlement at target or $223,125.

  

					
		 	SVP, Human Resources	 	Page 1 of 4

 

 
  

							
		 	You will be eligible to participate in the Management Equity Program on the following basis:
				
		 		 	a) 	 	you will be granted options to purchase 2,782,610 ordinary B shares in the capital stock of 6922767 Holding (Cayman) Inc. (“CaymanCo”) at an exercise price of USD$1.00 per
share;
				
		 		 	b) 	 	you will be granted the right to subscribe for 50,000 Special A shares in the capital stock of CaymanCo for the subscription price of USD$0.01 per share;
		 	  
 Your annual vacation entitlement is twenty
(20) days, pro-rated for the first year on CHC’s fiscal year (May 01 to April 30). Effective the first day of the month after your date of hire, you will be eligible for Heli-One’s U.S. benefits plan, a description of which is
attached.
  
 You are eligible to participate in the Heli-One 401k plan on
the first quarterly plan entry date after three months of continuous employment. In the 401k plan, your salary deferrals will be matched 100% by the Company on the first 4% of your salary deferred. You are immediately vested upon entry to the plan.
In addition to the 401k, as a designated Vice-President, you are eligible for the Supplemental Pension Plan (SPP). Under the SPP, the Company will make additional notional contributions that would have otherwise been payable if there were no annual
limits on the level of contributions made under the 401k. Your notional account is subject to investment income/losses based on assumed investment in two Canadian balanced funds. Your account balance is available to you when you leave the Company,
and is treated as taxable income.
  
 For each year or partial year of
employment with CHC, you will be provided Tax preparation assistance and Tax equalization payments, in accordance with CHC’s standard Tax Equalization Policy which is currently under development.

 
 In the event your employment is terminated by CHC, you will receive severance as per
terms of your employment agreement.
  
 In addition, you must observe
CHC’s Code of Ethics, all agreements relating to confidentiality and non-disclosure of sensitive information that you may be required to sign during the course of your employment, and all policies and procedures, including any updates of such
documents.

  

					
		 	SVP, Human Resources	 	Page 2 of 4

 

 
  

							
		 	This offer is conditional upon CHC, in its sole discretion, being satisfied that:
				
		 		 	(1)	 	You are not bound by any non-compete agreements with current or former employers that could in any way impact CHC or your ability to carry out the duties for this
position;
				
		 		 	(2)	 	You are currently, and will continue to be, legally entitled to work in the country of hire; and
				
		 		 	(3)	 	You are satisfactorily cleared by a criminal background and records check.
		 	  
 This offer is in effect until end-of-business on
October 29th, 2010. If you are in agreement with the terms of the above offer of employment, please indicate your acceptance by signing this document and returning a copy of this letter, and the Employment Agreement to James Hughes
(james.hughes@chc.ca) by this date.
  
 Mike, on behalf of everyone at CHC,
we look forward to working with you as a senior member of our team. Should you have any questions regarding this offer of employment, you may contact me at any time.
  

Sincerely,

		
		 	 

		
		 	 William Amelio,

President & CEO

  

					
		 	SVP, Human Resources	 	Page 3 of 4

 

 
  

							
		 	  

		
		 	I have read the terms and conditions of this position outlined in the offer and they are acceptable to me. I consider this offer to be fair and
reasonable.
				
		 	 

	 		 	 April 11, 2011

		 	 Signature of Mike Summers
	 		 	Date

  

					
		 	SVP, Human Resources	 	Page 4 of 4

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