Document:

Exhibit

Exhibit 10.45

NEW JOB SUMMARY
FOR
KEVIN CORDELL

		
	DATE:
	December 7, 2018

		
	POSITION:
	Executive Vice President, Chief Global Commercial Officer

    
		
	REPORTING TO:
	Bob Palmisano    

		
	SALARY:
	$515,000 annual salary, less withholdings for Federal, FICA, and State taxes

		
	PAY FREQUENCY: 
	Bi-Weekly

EMPLOYEE
		
	INCENTIVE PLAN:
	You are eligible to participate in the Employee Incentive Plan with a target payout of 70% of your eligible earnings.  The actual payout for this period will be dependent upon business performance as well as your individual performance.

		
	EQUITY:
	Subject to Board of Directors approval and the terms of the Company’s equity      incentive plan, you will be eligible for an equity grant under our long-term incentive grant guidelines.  The target grant for your role is 225% of base salary, but your actual equity grant may be above or below your target depending on, among other factors, final recommendation and approval by the Board and shares available under our equity incentive plan.

RELATIONSHIP TO 
OTHER 
		
	AGREEMENTS:
	Except for the terms of your new position, as described above, this letter agreement does not constitute a contract of employment for a specific term, you remain an employee at will, and this letter agreement does not change or modify any other existing agreements between you and the Company or any subsidiary, which agreements will remain in full force and effect in accordance with their existing terms.

		
	EFFECTIVE DATE:
	January 1, 2019    

Congratulations on your new opportunity as EVP, Chief Global Commercial Officer. I believe this role offers a unique opportunity for you to help us build a successful enterprise with a Team that is committed to our Customers, Employees, and Shareholders. I have no doubt Wright will continue to be a vehicle for growth, excitement, and success and that your contributions will be instrumental in achieving that.

Kindest Regards, 

/s/ Robert J. Palmisano
Robert J. Palmisano
President and Chief Executive Officer

I, Kevin Cordell, accept this offer of employment and agree to the terms and conditions outlined in this letter. 

/s/ Kevin Cordell                                December 7, 2018
Executive Signature                                           DateExhibit

Exhibit 10.50

May 9, 2018

Peter S. Cooke
31 Manchester Street
London W1U 7LQ, UK

Dear Peter:
Reference is made to the letter agreement between you and the Company dated June 8, 2016, which set forth the terms and conditions of your relocation from Dubai to the United Kingdom and which amended your SPA and Old SPA as provided therein (the “2016 Relocation Agreement”). 
Reference is also made to the Relocation Letter attached to the 2016 Relocation Agreement as Attachment 1 (the “Relocation Benefits Agreement”). Capitalized words and terms used herein and not defined will have the respective meanings ascribed to them in the 2016 Relocation Agreement and the Relocation Benefits Agreement.
This letter, when countersigned by you, hereby amends the Relocation Benefits Agreement to (i) provide that the relocation benefits described therein will continue (subject to the existing terms of the 2016 Relocation Agreement and the Relocation Benefits Agreement) through December 31, 2018, whereupon they will terminate (i.e. the month of December 2018 will be the last month in respect of which such benefits will be paid or otherwise made available) and (ii) provided you renew your lease for 31 Manchester Street, London and continue your tenancy there during the remaining term of the Relocation Benefits Agreement (as amended hereby), then, in such event, commencing on the July, 2018 renewal date and continuing through December, 2018 (when your monthly housing allowance will terminate), your monthly housing allowance as originally set forth in the Relocation Benefits Agreement will be prospectively increased such that it is equal to the lesser of the actual new monthly rent or the amount the new monthly rent would be if it were increased by five percent (5%) over the current monthly rent.
Your countersignature will also evidence your agreement and acknowledgement that, except as specifically provided above with respect to continuation of the Relocation Benefits Agreement until December 31, 2018, and with respect to the possible increase in your monthly housing allowance, the 2016 Relocation Agreement and the Relocation Benefits Agreement remain in full force and effect in accordance with their existing terms. By way of example and without limitation: neither the 2016 Relocation Agreement, the Relocation Benefits Agreement or this letter constitute a contract of employment for a specific term, you remain an employee at will, the 2016 Relocation Agreement fully addresses all termination scenarios which could result in your separation from service from the Company, and the severance obligations of the Company associated with each, and if, as and when you receive the Retention Payment, your entitlement to further severance or other payments in respect of any separation from service from the Company, for any reason, shall immediately cease.  
You have advised the Company you plan to relocate to Australia upon termination of the Relocation Benefits Agreement (as extended hereby). Since your current position as President, International is UK based, the expectation of the parties is your current role will terminate on or about December 31, 2018, and that the parties will attempt to negotiate a new role for you with the Company, on mutually acceptable terms, that is based in Australia and directly or indirectly reports to the new President, International or that person’s designee. While both sides are optimistic a mutually acceptable role can be created, neither you nor the Company are obligated in this regard, and neither you nor the Company will be liable if for any reason a new role is not established and you separate from the Company.  If you remain employed until December 

31, 2018, the Company will pay you, in accordance with the Company’s usual payment practices, your 2018 bonus to the extent earned pursuant to the terms thereof.
Finally, by countersigning this letter where indicated below, you acknowledge and agree that all dealings with and notices to your present London landlord, including lease extensions, payments, renewals and terminations, are your sole responsibility.
If you are in agreement with the foregoing, kindly countersign and date this letter where indicated below, whereupon it will become a binding agreement between us, under seal. Thank you.

Sincerely,
/s/ Robert J. Palmisano
Robert J. Palmisano
President and Chief Executive Officer 

ACCEPTANCE

By signing below, I acknowledge I have read, understand and accept the terms and conditions of this Agreement, which I accept as of this 15th day of May, 2018.

/s/ Peter S. Cooke        
Peter S. CookeExhibit

Exhibit 10.51

NEW JOB SUMMARY
FOR
PETER COOKE

		
	DATE:
	December 7, 2018

		
	POSITION:
	President, Emerging Markets, Australia and Japan

    
		
	REPORTING TO:
	Kevin Cordell    

		
	SALARY:
	$407,000.00 (USD) annual salary, less withholdings for Australian taxes and other legally mandated withholdings.  This amount will not be eligible for merit increases for the first two years in the new role.

		
	PAY FREQUENCY: 
	Bi-Weekly

EMPLOYEE
		
	INCENTIVE PLAN:
	You remain eligible to participate in the Employee Incentive Plan with a target payout of 55% of your eligible earnings.  The actual payout for this period will be dependent upon business performance as well as your individual performance.  This target rate will be re-evaluated after the first year in the new role.

		
	EQUITY:
	Subject to Board of Directors approval and the terms of the Company’s equity incentive plan, you will be eligible for an equity grant under our long-term incentive grant guidelines.  The target grant for your role is 100% of base salary, but your actual equity grant may be above or below your target depending on, among other factors, final recommendation and approval by the Board and shares available under our equity incentive plan.

		
	BENEFITS:
	You will be eligible for Wright Medical’s Australian benefits package, including the Superannuation contribution, health benefits and auto allowance of $20,000 (AUD) per year.

RELATIONSHIP TO 
		
	OTHER AGREEMENTS:
	Your acceptance below will evidence your agreement and acknowledgement that, except for your new position, this letter agreement does not constitute a contract of employment for a specific term, you remain an employee at will, and this letter agreement does not change or modify any other existing agreements between you and the Company or any subsidiary, including, without limitation, the Confidentiality, Non-Competition, Non-Solicitation and Intellectual Property Rights Agreement effective October 1, 2015, Indemnification Agreement effective October 1, 2015, Separation Pay Agreement effective October 1, 2015 (“SPA”), as modified by that certain letter agreement dated as of June 8, 2016 (the “2016 Relocation Agreement”), and that certain letter agreement dated as of May 9, 2018 (the “May 2018 Letter Agreement”), which agreements will remain in full force and effect in accordance with their existing terms; provided, however, that effective as of January 1, 2019, the Relocation Letter attached as Attachment 1 to the 2016 Relocation Agreement and the Company’s provision of benefits to you thereunder, shall terminate. 

Pursuant to the 2016 Relocation Agreement and the May 2018 Letter Agreement, and in light of your receipt of the Retention Payment as provided therein, you will not be eligible to receive any further severance or other payments upon separation from service from 

the Company, irrespective of the reason for the separation of service, and irrespective of whether the separation is voluntary, involuntary, for cause, without cause or for alleged “good reason.”

		
	EFFECTIVE DATE:
	January 1, 2019    

Congratulations on your new opportunity as President, Emerging Markets, Australia & Japan. I believe this role offers a unique opportunity for you to help us build a successful enterprise with a Team that is committed to our Customers, Employees, and Shareholders. I have no doubt Wright will continue to be a vehicle for growth, excitement, and success and that your contributions will be many and meaningful.

Kindest Regards, 

/s/ Robert J. Palmisano
Robert J. Palmisano
President and Chief Executive Officer

I, Peter Cooke, accept this offer of employment and agree to the terms and conditions outlined in this letter. 

/s/ Peter Cooke                                          December 8, 2018
Executive Signature                            Date

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