Document:

Exhibit

Exhibit 10.2

EARTHLINK HOLDINGS CORP.
2016 EQUITY AND CASH INCENTIVE PLAN
NONQUALIFIED STOCK OPTION GRANT AGREEMENT
Summary of Nonqualified Stock Option Award
As of the Date of Grant set forth below, Windstream Holdings, Inc., a Delaware corporation (the "Company"), grants to the Optionee named below, in accordance with the terms of the EarthLink Holdings Corp. 2016 Equity and Cash Incentive Plan, as amended and restated from time to time (the "Plan") and this Nonqualified Stock Option Grant Agreement (the "Agreement"), the contingent right to purchase Common Stock of the Company, par value $0.0001 per share (the “Shares”):
	
		
	Name of Optionee:
	 

	Total Number of Shares 
Subject to Option:
	 

	Date of Grant:
	 

	Exercise Price Per Share:
	 

	Expiration Date 
(Not exceeding 10 years 
from Date of Grant):
	 

                               
Terms of Agreement

1.Grant of Option. Subject to and upon the terms, conditions, and restrictions set forth in this Agreement and in the Plan, the Company hereby grants to the Optionee as of the Date of Grant this Nonqualified Stock Option Award (the “Option”), which represents the contingent right to purchase at the Exercise Price the number of Shares set forth herein. The Option is granted pursuant to the Plan. All terms, provisions, and conditions applicable to the Option set forth in the Plan and not set forth herein are hereby incorporated by reference herein. To the extent any provision hereof is inconsistent with a provision of the Plan, the provisions of the Plan will govern. All capitalized terms that are used in this Agreement and not otherwise defined herein shall have the meanings ascribed to them in the Plan.

2.Vesting. The Option shall vest in equal installments following the Date of Grant and shall be 100% fully vested and nonforfeitable on March 1, 20___. The first portion of the Option shall vest on March 1, 20___. The remaining portions will vest on each subsequent March 1. For this purpose, each such March 1 shall be a “Vesting Date.”

3.Certain Terminations. Notwithstanding the foregoing, the Option shall immediately become 100% fully vested and nonforfeitable (without pro-ration) if, prior to the final Vesting Date, (a) the Optionee dies or becomes permanently Disabled while in the employ of the Company or any of its subsidiaries, or (b) within the two-year period immediately following a Change in Control, either the Optionee’s employment with the Company or any of its subsidiaries is terminated without Cause or the Optionee terminates his or her employment with the Company or any of its subsidiaries for Good Reason.  If the Optionee is subject to a Change in Control and Severance Agreement upon termination, the Option shall 

be treated as if it is a restricted equity award under such Change in Control and Severance Agreement for purposes of this Section.  “Disabled,” “Cause,” and “Good Reason” are defined in Section 21 herein.
 
4.Right to Exercise. The Optionee may exercise the vested portion of the Option in whole or in part at any time between the Vesting Date and the Expiration Date, except that in the following situations the exercise period shall expire on the sooner of the last day of the period described below or the Expiration Date, as applicable: 

(a) Zero (0) days following termination for Cause; 
(b) Ninety (90) days following an event described in Section 3(b) or the Optionee’s voluntary resignation (including retirement) without Good Reason; or 
(c) 1 year following an event described in Section 3(a), the Optionee’s voluntary resignation for Good Reason, or the Optionee’s termination without Cause.
If the Option is treated like a restricted equity award under a Change in Control and Severance Agreement upon termination as described in Section 3, the period described above shall begin on the date the Option vests under that agreement.
The Option hereby granted shall be exercised by written notice in accordance with procedures established by the Compensation Committee of the Board of Directors (the “Committee’) specifying the number of Shares the Optionee desires to purchase together with provision for payment of the Exercise Price. Subject to such limitations as the Committee may impose (including prohibition of one more of the following payment methods), payment of the Exercise Price may be made by (a) cash or check acceptable to the Company, for an amount in United States dollars equal to the aggregate Exercise Price of such Shares, (b) by tendering Shares to the Company having an aggregate Fair Market Value equal to such Exercise Price, (c) by cashless broker‐assisted exercise, or (d) by a combination of such methods. The Company may require the Optionee to furnish or execute such other documents as the Company shall reasonably deem necessary (i) to evidence such exercise and (ii) to comply with or satisfy the requirements of the Securities Act of 1933, as amended, the Exchange Act, applicable state or non‐U.S. securities laws, or any other law. The Committee may extend or otherwise adjust the exercise period described above in the event the exercise period coincides with a blackout period under the Company’s insider trading policy.
5.Delivery of Shares. 

In General. Except as may be otherwise provided in this Section 5, the Company shall deliver to the Optionee (or the Optionee’s estate in the event of death) the Shares underlying the vested exercised Option, or the net cash value, within sixty (60) days after the date of exercise.
Fractional Shares. No fractional Shares shall be issued and the Committee shall determine, in its discretion, whether cash shall be given in lieu of fractional shares or whether such fractional shares shall be eliminated by rounding up or down as appropriate.
Satisfaction of the Company’s Obligations. The Company’s obligations with respect to the Option shall be satisfied in full upon the earlier of (i) delivery of the Shares underlying the vested Option, or the net cash value, (ii) the Expiration Date, or (iii) termination of employment or service in accordance with Section 6(b).

		
	6.
	Term and Expiration.

(a)Basic Term. Subject to earlier termination pursuant to the terms herein, the Option shall expire on the Expiration Date set forth in this Agreement.

Termination of Employment or Service. The unvested portion of the Option shall be forfeited automatically without further action or notice in the event the Optionee ceases to be employed by the Company or any of its subsidiaries prior to the final Vesting Date other than as provided in Section 3. 
7.Transferability of Option. The Option may not be sold, exchanged, assigned, transferred, pledged, encumbered or otherwise disposed of by the Optionee, unless otherwise provided under the Plan. Any purported transfer or encumbrance in violation of the provisions of this Section 7 shall be void, and the other party to any such purported transaction shall not obtain any rights to or interest in such Option. Notwithstanding the foregoing, the Option shall be transferable by the Optionee by will or the laws of descent and distribution, and the Option shall be exercisable during the Optionee’s lifetime only by the Optionee or on his or her behalf by the Optionee’s guardian or legal representative.

8.No Dividend, Voting or Other Rights. The Optionee shall not possess any incidents of ownership (including, without limitation, dividend and voting rights) in the Shares underlying the Option until such Shares have been delivered to the Optionee in accordance with Section 5. The obligations of the Company under this Agreement will be merely that of an unfunded and unsecured promise of the Company to deliver Shares in the future, and the rights of the Optionee will be no greater than that of an unsecured general creditor. No assets of the Company or any of its subsidiaries will be held or set aside as security for the obligations of the Company under this Agreement. 

9.Continuous Employment. For purposes of this Agreement, the continuous employment of the Optionee with the Company or any of its subsidiaries shall not be deemed to have been interrupted, and the Optionee shall not be deemed to have ceased to be an employee of the Company or any of its subsidiaries by reason of the transfer of his or her employment among the Company or any of its subsidiaries or a leave of absence approved by the Committee.

10.No Employment Contract; Disclaimer. Nothing contained in this Agreement shall confer upon the Optionee any right with respect to continuance of employment by the Company or any of its subsidiaries nor limit or affect in any manner the right of the Company or any of its subsidiaries to terminate the employment or adjust the compensation of the Optionee, in each case with or without Cause. By acceptance of this Agreement, the Optionee acknowledges and agrees that neither this Agreement nor any other agreement awarded prior to the date hereof under any equity compensation plan of the Company or any of its subsidiaries has created or shall create, or be deemed or construed to create or have created, (a) a contractual, equitable, or other right to receive future grants of equity awards, or other benefits in lieu of equity awards, or (b) a fiduciary duty or other comparable duty of trust or confidence owed to the Optionee (or any successor, assign, affiliate or family member of the Optionee) by the Company and its affiliates and their respective officers, directors, employees, agents or contractors.

11.Relation to Other Benefits. Any economic or other benefit to the Optionee under this Agreement or the Plan shall not be taken into account in determining any benefits to which the Optionee may be entitled under any profit-sharing, retirement or other benefit or compensation plan maintained by the Company or any of its subsidiaries and shall not affect the amount of any life insurance coverage available to any beneficiary under any life insurance plan covering employees of the Company or any of its subsidiaries.

12.Taxes and Withholding. The Optionee is responsible for any federal, state, local or other taxes with respect to the Option (including the vesting of the Option and the delivery of Shares). The Company 

does not guarantee any particular tax treatment or results in connection with the grant or vesting of the Option and the delivery of Shares. To the extent the Company or any of its subsidiaries is required to withhold any federal, state, local, foreign or other taxes in connection with the delivery of Shares under this Agreement, the Optionee shall pay the tax or make provisions that are satisfactory to the Company or such subsidiary for the payment thereof. The Optionee may elect (on a form provided by the Company) for the Company or any of its subsidiaries (as applicable) to retain a number of Shares otherwise deliverable hereunder with a value equal to the required withholding (based on the Fair Market Value on the date of delivery) in order to satisfy the withholding obligation; provided that in no event shall the value of the Shares exceed the minimum amount of taxes required to be withheld or such other amount that will not result in a negative accounting impact. If the Company or any of its subsidiaries is required to withhold any federal, state, local or other taxes at any time other than upon delivery of Shares under this Agreement, the Company or such subsidiary (as applicable) shall have the right in its sole discretion to (a) require the Optionee to pay or provide for payment of the required tax withholding, or (b) deduct the required tax withholding from any amount of salary, bonus, incentive compensation or other amounts otherwise payable in cash to the Optionee (other than deferred compensation subject to Section 409A of the Code). 

13.Compliance with Laws. The Company shall make reasonable efforts to comply with all applicable federal and state securities laws and listing requirements of the NASDAQ or any national securities exchange with respect to the Option; provided, however, notwithstanding any other provision of this Agreement, the Shares underlying the Option shall not be delivered if the delivery thereof would result in a violation of any such law or listing requirement.

14.Amendments. Subject to the terms of the Plan, the Committee may modify this Agreement upon written notice to the Optionee. Any amendment to the Plan shall be deemed to be an amendment to this Agreement to the extent that the amendment is applicable hereto. Notwithstanding the foregoing, no amendment of the Plan or this Agreement shall adversely affect the rights of the Optionee under this Agreement regarding vested stock options under the Plan and this Agreement without the Optionee's consent. However, the award under this Agreement may be adjusted as equitably required to prevent dilution or enlargement of rights of Optionee or substituted for alternative consideration, as described in Plan sections 16.01 and 16.03.

15.Severability. In the event that one or more of the provisions of this Agreement shall be invalidated for any reason by a court of competent jurisdiction, any provision so invalidated shall be deemed to be separable from the other provisions hereof, and the remaining provisions hereof shall continue to be valid and fully enforceable.

16.Claw-Back Policy. If applicable and notwithstanding any provision contained herein to the contrary, this Agreement, the Option and any Shares the Optionee may receive pursuant to this Agreement, are subject to the Windstream Claw-Back Policy adopted in November 2009, and amended in November 2012, and as adopted and assumed by the Company effective August 30, 2013, or any successor policy, including any policy adopted or amended to comply with the Dodd-Frank Wall Street Reform and Consumer Protection Act or the rules of an applicable securities exchange (the "Policy"), and the Claw-Back Policy Acknowledgement and Agreement that the Optionee signed in accordance with the Policy (the "Claw-Back Agreement").

17.Relation to Plan. This Agreement is subject to the terms and conditions of the Plan. This Agreement, the Policy, the Claw-Back Agreement and the Plan contain the entire agreement and understanding of the parties with respect to the subject matter contained in this Agreement, and supersede all prior written or oral communications, representations and negotiations in respect thereto. In the event of any inconsistency between the provisions of this Agreement and the Plan, the Plan shall govern. Capitalized terms used herein without definition shall have the meanings assigned to them in the Plan. The Committee 

acting pursuant to the Plan, as constituted from time to time, shall, except as expressly provided otherwise herein, have the right to determine any questions which arise in connection with the Option.

18.Successors and Assigns. Without limiting Section 7, the provisions of this Agreement shall inure to the benefit of, and be binding upon, the successors, administrators, heirs, legal representatives and assigns of the Optionee, and the successors and assigns of the Company and its subsidiaries and affiliates.

19.Governing Law. The interpretation, performance, and enforcement of this Agreement shall be governed by the laws of the State of Delaware, without giving effect to the principles of conflict of laws thereof.

20.Electronic Delivery. The Optionee hereby consents and agrees to electronic delivery of any documents that the Company may elect to deliver (including, but not limited to, prospectuses, prospectus supplements, grant or award notifications and agreements, account statements, annual and quarterly reports, and all other forms of communications) in connection with this and any other award made or offered under the Plan. The Optionee understands that, unless earlier revoked by the Optionee by giving written notice to the Secretary of the Company, this consent shall be effective for the duration of the Agreement. The Optionee also understands that he or she shall have the right at any time to request that the Company deliver written copies of any and all materials referred to above at no charge. The Optionee hereby consents to any and all procedures the Company has established or may establish for an electronic signature system for delivery and acceptance of any such documents that the Company may elect to deliver, and agrees that his or her electronic signature is the same as, and shall have the same force and effect as, his or her manual signature. The Optionee consents and agrees that any such procedures and delivery may be effected by a third party engaged by the Company to provide administrative services related to the Plan.

21.Definitions. Where used herein, “Disabled” means the Optionee’s inability to engage in any substantial gainful activity because of a medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, or the Optionee’s receipt of income replacement benefits for a period of not less than three months under an accident or health plan sponsored by the Company.  The Optionee may be deemed to have incurred a Disability if he or she is determined to be totally disabled by the Social Security Administration, or disabled in accordance with a disability insurance program of the Company. The terms "Cause" and "Good Reason" shall have the meanings given to such terms in the employment agreement or change in control agreement in effect for the Optionee immediately prior to his or her termination of employment or, where no such agreement exists, according to the following definitions: 

(a) “Cause” for termination by the Company or any of its subsidiaries of the Optionee’s employment means the occurrence of any one of the following: (i) the Optionee’s substantial, willful failure or refusal to perform the duties or render the services reasonably assigned to the Optionee by the Company or any of its subsidiaries other than resulting from the Optionee’s incapacity due to physical or mental illness, (ii) a conviction, guilty plea or plea of nolo contendere of the Optionee for any felony, (iii) the willful engaging by the Optionee in misconduct that is demonstrably and materially injurious to the Company or any of its subsidiaries, monetarily or otherwise, (iv) a material violation by the Optionee of the corporate governance board guidelines or code of ethics of the Company or any of its subsidiaries, (v) a material violation by the Optionee of the requirements of the Sarbanes-Oxley Act of 2002 or other federal or state securities law, rule or regulation, or (vi) the repeated use of alcohol by the Optionee that materially interferes with his or her duties, the use of illegal drugs by the Optionee, or a violation by the Optionee of the drug and/or alcohol policies of the Company or any of its subsidiaries.  No act or omission on the Optionee’s part shall be considered “willful” unless it is done or omitted in bad faith or without the 

Optionee’s reasonable belief that the action or omission was in the best interests of the Company or any of its subsidiaries.
(b) “Good Reason” for termination by the Optionee of his or her employment means the occurrence, without the Optionee’s express written consent, of any one of the following: (i) a material diminution in the Optionee’s base compensation, (ii) a material diminution in the Optionee’s authority, duties or responsibilities, (iii) a material diminution in the budget over which the Optionee retains authority, or (iv) a material change in the geographic location at which the Optionee must perform the services. To constitute a termination for Good Reason, the Optionee must provide notice to the Company or its subsidiary, as applicable, of the existence of the condition described in this subsection within ninety (90) days of the initial existence of the condition, and the Company or its subsidiary, as applicable, must not remedy the condition within thirty (30) days of receipt of such notice.
IN WITNESS WHEREOF, the Company has caused this Agreement to be executed on its behalf by its duly authorized officer and the Optionee has also executed this Agreement, as of the Date of Grant.
	
		
	WINDSTREAM HOLDINGS, INC.

	By:
	 

	Name:
	 

	Title:
	 

The undersigned hereby acknowledges that a copy of the Plan, Plan Summary and Prospectus, and the Company’s' most recent Annual Report and Proxy Statement (the "Prospectus Information") are available for viewing on the Company’s intranet site at windstream.com. The Optionee hereby consents to receiving this Prospectus Information electronically, or, in the alternative, agrees to contact [NAME] at [PHONE NUMBER] to request a paper copy of the Prospectus Information at no charge. The Optionee represents that he or she is familiar with the terms and provisions of the Prospectus Information and hereby accepts this Nonqualified Stock Option Award on the terms and conditions set forth herein and in the Plan.
	
	
	OPTIONEEExhibit

EXHIBIT 10.17

EMPLOYMENT AGREEMENT

This Employment  Agreement (“Agreement”) is entered into as of May 5, 2014 (the “Effective  Date”) by Spirit AeroSystems, Inc., a Delaware corporation  (“we,” “us,” “our,” and  other  similar   pronouns),   and  Bill  Brown  (“you,” “your,”  “yours,” and  other  similar pronouns).  Our   parent   company   is Spirit   AeroSystems   Holdings, Inc.  (“ Holdings”), and references in this Agreement to “Spirit” mean us and Holdings collectively.

Recitals

A.        We are engaged  in the manufacture,  fabrication,  maintenance,  repair, overhaul, and modification of aerostructures  and aircraft components, and market and sell our products and services  to customers  throughout  the world (together with any other businesses  in which Spirit may in the future engage, by acquisition or otherwise, the “Business”).

B.        We have agreed to employ you as our Sr. VP Aftermarket, and you have agreed to accept such employment in accordance with the terms and conditions of this Agreement.

C.        In  the  course  of  performing  your  duties  for  us,  you  are  likely  to  acquire confidential  and  proprietary  information  belonging  to  us, our  customers,  and  our  suppliers, develop  relationships  that are vital  to our Business and goodwill, and acquire  other important assets  in which we  have  a protectable  interest, and  you have agreed  to the covenants  in this Agreement required to protect those assets.

Agreement

In consideration of the foregoing and the representations, warranties and mutual covenants herein, you and we agree as follows:

1.     Employment

(a)        Position  and  Responsibility  We  agree  to  employ  you  as  our  Sr.  VP Aftermarket,  to perform such duties in and about our Business as are appropriate  for a person in such  position,  which  may include  serving as an executive  officer  or  member  of  the board  of directors of any other affiliated company at our request. The job title and duties referred to in the preceding sentence may be changed by us in our sole discretion at any time; however, if Spirit reassigns you to a position reporting to other than the Chief Executive Officer, you may elect at the time of that reassignment to sever from Spirit, and Spirit will treat your election, for purposes of Section 6 of this Agreement, as a Termination without Cause. Your office will be at our headquarters in Wichita, KS. You will devote your full time to this employment.

(b)       Employment  Period Your employment  will commence  on the Effective Date, will continue  for a period of two years after the Effective  Date (the “Initial Term”), and will  be  automatically  extended  for  successive  one-year  periods  thereafter  (each  a “Renewal Term”), unless either of us provides the other with written notice at least ninety days in advance of the expiration  of the Initial Term or the then-current Renewal Term, as applicable,  that such

period will not be so extended  (the Initial Term  and any Renewal  Term are, collectively, the “Employment  Period'). In all cases, your employment is subject to earlier termination as provided in this Agreement.

2.     Performance

You  will  devote  your  best  efforts  and  abilities  to faithfully  preserve  and  advance  our Business, welfare, and best interests. You will strictly comply with all Spirit rules, policies, and procedures  in effect and as amended from time to time, including, but not limited to, our Code of Ethical   Business   Conduct,   Insider   Trading   Policy,   Anti-Bribery   Policy,   Related   Person Transaction  Policy, Special Security Agreement, and internal and disclosure controls;  follow all applicable   U.S.  and  foreign  laws  and  regulations;  and  be  governed  by  our  decisions  and instructions consistent with the duties assigned to you.

3.     Compensation

Except  as  otherwise  provided  herein, for all services  to  be performed  by  you  in any capacity, including  without  limitation  any  services  as  an  officer,  director, member  of  any committee,  or any other duties  assigned to you, during the Employment  Period we will pay or provide   you  with  the  following,  and  you  will  accept  the  same,  as  compensation   for  your covenants  in and performance of your duties under this Agreement:

(a)        Base Salary You will be entitled to an annual salary of $395,000 (“Base Salary”), which will be paid in accordance with our policies and procedures.  The Base Salary may  be  changed  from  time  to  time  on  a discretionary  basis  or  based  upon  your  and/or  our performance   or  such  other  factors  as  the  Board  or  the  Board's   compensation   committee (“Committee” ) deems appropriate in its sole discretion.

(b)       Sign On Bonus In consideration of entering into this Agreement,  you will receive  a cash  bonus  of $75,000  (the “Signing  Bonus”), payable  as  soon  as  administratively practicable  after  the Effective  Date. Payment  of  the Signing  Bonus  is conditioned  upon  you being employed on the date payment is made and remaining employed by us for a period of not less than one year after the Effective Date. If the foregoing condition precedent is not satisfied, the Signing Bonus must be immediately repaid to us, except that you will not be required to repay any amount if you are terminated by us without Cause. In the event of your termination under  circumstances  that  require  repayment  of the Signing  Bonus, we  may deduct from  your paycheck(s)  (or other amounts owed to you) an amount equal to the amount due to be repaid. To the extent such deductions are not sufficient to fully reimburse us, you will remain obligated to pay us in full for such amounts still due and owing.

(c)       Short-Term  Incentive Plan You are eligible to participate in the Spirit AeroSystems Holdings, Inc. Short-Term  Incentive  Plan, as amended  or  restated  from  time  to time (“STIP”), pursuant  to and in accordance with the terms and conditions  of the STIP. Your STIP award opportunity will be 80% of Base Salary if target performance goals are reached and
160% of Base Salary if outstanding performance goals are reached. If target performance  goals are  not  reached,  you  will  be entitled  to such incentive  compensation,  if any,  as is otherwise

provided  by the STIP and our policies. In addition to the foregoing, we agree that any amount you will 

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be entitled to receive for the 2014 plan year will not be prorated based on the number of your months of service with us during 2014 plan year.

(d)       Long-Term  Incentive  Plan  You  are  eligible  to  participate   in  annual awards  under the LTIP granted by the Board or the Committee,  pursuant to and in accordance with the terms and conditions of the LTIP, as amended or restated from time to time. Each year of the Initial Term, you will receive an annual LTIP award equal to 110% of Base Salary. Your annual  LTIP  awards will  be granted at the time and on the terms  that we grant  annual  LTIP awards to our other executives.

(e)      Nonqualified Deferred Compensation Plan You are eligible to participate in the Spirit AeroSystems Holdings, Inc. Amended and Restated Deferred Compensation Plan, as amended or restated from time to time (“DCP”), subject to and in accordance with the terms and provisions  of  the  DCP.  You may elect to voluntarily defer compensation under the DCP in accordance with the terms and conditions of the DCP and the plan administrator's policies and procedures.

(f)        Other  Benefit  Plans  You  will  also  be  eligible  to  participate  in  other executive benefit plans, policies, practices, and arrangements in which one or more of our senior executives   is  eligible  to  participate  from  time  to  time,  including  without  limitation  (i)  any defined  benefit  or defined  contribution  retirement  plan, excess  or supplementary  plan, profit­ sharing  plan, savings  plan,  health  and  dental  plan, disability  plan, survivor-income  and  life­ insurance  plan, executive  financial  planning  program, or other arrangement,  or any successors thereto; (ii)  any  perquisite  allowance  or reimbursement  arrangement  the Board  or Committee may adopt; and (iii) such other benefit plans as we may establish or maintain from time to time (collectively  “Benefit  Plans”). Your entitlement to any other compensation or benefits will be determined in accordance with the terms and conditions of the Benefit Plans and other applicable programs, practices, and arrangements then in effect.

(g)       Earned Time Off You will be provided with earned time off and 12 paid holidays each year in accordance with our policies and practices in effect from time to time. Notwithstanding any contrary policy or practice, however, you will be credited with 25 days of earned time off in your first year, which will be immediately available to you upon the Effective Date. Following your first year of employment,  you will accrue 21 days of earned  time off per year.

(h)     Fringe Benefits You will be provided with all other fringe benefits and perquisites awarded by the Board or Committee for your position level from time to time.

(i)         Withholding Taxes We will have the right to deduct from all payments made to you hereunder any federal, state, local and foreign taxes required by law to be withheld.

(j)        Expenses During your employment, we will promptly pay or reimburse you for all reasonable out-of-pocket expenses incurred by you in the performance of your duties, in accordance with our policies and procedures then in effect.

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The payment or reimbursement of expenses described in this Section 3U) are not intended to provide  for the deferral of compensation  within the meaning of Code Section 409A  because all such  expenses  are to be paid or reimbursed currently  and/or will be tax-free. To the extent such  expenses  are deemed  to provide  for  the deferral  of compensation  within  the meaning  of Code  Section  409A,  they are intended  to meet the requirements  of a specified  date or a fixed schedule of  payments,  and this  reimbursement  provision  will be interpreted  and  applied  in a manner  consistent  with  such  requirements.  The right to payment of, or reimbursement for, expenses is not subject to liquidation or exchange for any other benefit.

4.     Restrictions

(a)       Acknowledgements   You  acknowledge   and  agree   that  (i)  during   the Employment  Period, because of the nature of your responsibilities and the resources provided by us, you will acquire  and/or develop  valuable and confidential  skills, information, trade secrets, and relationships with respect to our Business; (ii) you may develop on our behalf a personal relationship  with various  persons, including but not limited to representatives  of customers  and suppliers,   where  you  may  be  a  principal  or  our  only  contact  with  such  persons,  and  as  a consequence,  you will occupy a position of trust and confidence to us; (iii) the Business  involves the manufacturing, marketing, and sale of our products and services to customers throughout the world,  our competitors,  both in the United States  and internationally,  consist  of both domestic and international  businesses, and the services to be performed by you involve aspects of both our domestic  and  international  business;  and (iv) it would  be impossible  or impractical  for  you to perform  your duties without access to our confidential  and proprietary  information  and contact with persons who are valuable to our Business and goodwill.

(b)      Reasonableness In view of the foregoing and in consideration  of the remuneration  to be paid to you, you agree that it is reasonable and necessary for the protection of our  Business  and  goodwill  that  you undertake  the covenants  in this Section  4 regarding  your conduct  during  and  subsequent  to  your  employment  by us, and  acknowledge  we  will  suffer irreparable injury if you engage in any conduct prohibited by this Section 4.

(c)       Non-Compete  During the Employment  Period and for a period  of (1) in the case of involuntary  termination  without  Cause, one  year after termination  of employment, and  (2)  in the  case of  termination  of employment  for any other  reason, two  years  after such termination  of  employment,  neither  you  nor any  individual,  corporation,  partnership,  limited liability company, trust, estate, joint venture, or other organization or association (“Person”) with your assistance  nor any Person in which you directly or indirectly have any interest of any kind (without  limitation)  will,  anywhere  in the world, directly  or indirectly  own, manage,  operate, control,  be employed  by, serve as an officer or director of, solicit sales for, invest in, participate in, advise, consult with, or be connected with the ownership, management, operation, or control of any  business  that is engaged,  in whole or in  part,  in the Business,  or any  business  that  is competitive  with the Business or any portion thereof, except for our exclusive  benefit. You will not be deemed to have breached the provisions of this Section 4(c) solely by holding, directly or indirectly,  not greater  than 2% of the outstanding  securities  of a company  listed  on a national securities  exchange.

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(d)       Non-Solicitation During the Employment Period and for a period of (1) in the case  of involuntary  termination  without  Cause,  one  year after termination  of employment, and  (2)  in the  case of termination  of employment  for any other  reason,  two  years  after such termination  of employment,  neither you nor any Person with your assistance  nor any Person in which you directly or indirectly have an interest of any kind (without limitation) will, directly or indirectly  (A)  solicit  or  take  any  action  to  induce  any  employee  to  quit  or  terminate  their employment  with us or our affiliates; or (B) employ as an employee, independent contractor, consultant, or in any other  position  any person who was an employee  of ours or our affiliates during the aforementioned  period.

(e)     Confidentiality

(i)       Confidential Information For  purposes  of  this  Agreement, “Confidential information”  means any information (whether in written, oral, graphic, schematic, demonstration,  or  electronic   format,   whether   or  not  specifically   marked   or  identified   as confidential,  and  whether  obtained  by  you before  or  after  the Effective  Date), not  otherwise publicly  disclosed   by  Spirit,   regarding  (without   limitation)  Spirit,  its  Business,  customers, suppliers, business  partners,  prospects, contacts,  contractual  arrangements,  discussions, negotiations, evaluations,  labor negotiations,  bids,  proposals,  aircraft  programs, costs,  pricing, financial condition  or results, plans, strategies, governmental  relations, projections, analyses, methods, processes,  models,  tooling,  know-how,  trade  secrets,  discoveries,  research, developments,    inventions,    engineering,    technology,    proprietary    information,   intellectual property,  designs,  computer  software,  intelligence,  legal or regulatory  compliance, accounting decisions, opportunities,  challenges,  and any other information  of a confidential  or proprietary nature. Notwithstanding the foregoing, Confidential Information will not include any information that (A) you are required to disclose  by the order of a court or administrative  agency, subpoena, or  other  legal  or  administrative  demand,  so  long  as  (1)  you  give  us  written  notice  and  an opportunity   to  contest  or  seek  confidential  treatment  of  such  disclosure;  and  (2)  you  fully cooperate at our expense with any such contest or confidential treatment request; (B) has been otherwise publicly disclosed or made publicly available by Spirit; or (C) was obtained  by you in good faith after your employment  with us ended from a source that was under no obligation  of confidentiality  to Spirit or any customer or supplier.

(ii)       Non-Use and Non-Disclosure Without our express written consent, you will not at any time (whether during the Employment Period or after any termination  of your employment  for any reason) use for any purpose (other than for our exclusive benefit) or disclose to any Person (except at our direction) any Confidential Information.

(f)        Effect  of  Breach  You  agree  that  a  breach  of  this  Section   4  cannot adequately  be compensated  by money damages and, therefore, we will be entitled, in addition to any other right or remedy available to us (including,  but not limited, to an action for damages, accounting, or disgorgement  of profit),  to an injunction  restraining such  breach or a threatened breach and to specific  performance of such provisions, and you consent to the issuance of such injunction and the ordering of specific performance without the requirement for us to post a bond or other security or to prove lack of an adequate remedy at law.

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(g)        Other Rights Preserved Nothing in this Section 4 eliminates or diminishes rights  we  may  have  with  respect  to  the  subject  matter  hereof  under  other  agreements,  our governing  documents  or statutes, or provisions of law (including but not limited to common  law and the Uniform  Trade Secrets Act), equity, or otherwise.  Without limiting the foregoing,  this Section 4 does not limit any rights we may have under any Spirit policies or any agreements  with you regarding Confidential  Information.

5.     Termination  Your  employment   with  us  will  terminate   upon  the  following circumstances:

(a)        Without  Cause At any  time at  the election  of either  you  or  us for  any reason  or  no  reason,  without  Cause,  but  subject  to  the  provisions  of  this  Agreement.  It  is expressly understood that your employment is strictly “at will.”

(b)     Cause At any time at our election for Cause.

“Cause”  for this purpose means (i) your commission  of a material  breach of  this  Agreement  or  acts  involving  fraud,  material  and  intentional  dishonesty,  material  and intentional  unauthorized  disclosure  of Confidential  Information, the commission  of a felony  or other  crime  involving  moral  turpitude,  or  material  violation  of Spirit  policies;  (ii) direct  and deliberate acts constituting a material breach of your duty of loyalty to Spirit; (iii) your refusal or material  failure  (other  than  by  reason  of  your  serious  physical  or  mental  illness,  injury,  or medical  condition)  to perform your job duties and responsibilities, including, but not limited  to, any duties or responsibilities reasonably assigned to you by the Board, if such refusal or failure is not remedied  within  30 days after you receive written  notice thereof from the Board; (iv) your material   underperformance,   as  reflected   in  two  consecutive   written   performance   reviews provided to you not less than 6 months apart; or (v) your inability to obtain and maintain the appropriate  level of United States security clearance.

(c)        Death or Disability Your death or your inability  to perform  the services required of you for a period of 180 days during any twelve-month period (“Disability”).

6.     Effect of Termination

(a)        General Rule If your employment terminates for any reason other than as described  in Section  6(b)  below, we will pay your compensation  only  through  the last day  of employment, and,  except  as otherwise  expressly  provided  in this Agreement  or  the STIP,  the LTIP, the DCP, or any Benefit Plan, we will have no further obligation to you.

(b)        Termination  Without  Cause  If  your  employment  is  terminated  by  us without  Cause at any  time during  the Initial Term  of the Agreement,  then for so long as you comply  with  your  continuing  obligations  under  Section  4  we  will  (1) continue  to  pay  your monthly  Base Salary in effect immediately  before termination  of your employment  for a period of six months, and (2) at our option, either pay the cost of COBRA medical and dental benefits
coverage  for a period of six months or pay you an amount each month for six months equal to the cost of providing COBRA medical and dental benefits.

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To receive the benefits described in this Section 6(b), you will be required to sign a general release of claims in a form we deem acceptable. The release must be provided, and any revocation  period must have expired, not later than 60 days after termination of employment.  If the  foregoing   conditions  are  satisfied   then,  except  as  provided  below,  payment  of  salary continuation and other benefits will begin 60 days after termination of employment.

Notwithstanding any contrary provision of this Section  6(b), if you are a Specified Employee at the time employment  terminates, the payments described  in Section 6(b) will, to the extent  such  amounts  are deferred compensation  within the meaning of Code Section  409A,  be delayed  until the date that is the earlier of (i) six months after your termination of employment, or (ii) the date of your death, and upon reaching that date, all amounts that would have been paid during  the six-month  delay  period, plus interest  thereon at the prime  rate (as  published  in the Wall Street Journal) from the date the payment would have been made but for this paragraph  to the date of payment, will be paid in a single Jump sum, and all remaining amounts will be paid in equal monthly payments for the remainder of the Salary Continuation Period.

“Specified  Employee” means  that,  with  respect  to  a corporation  any  stock  in which is publicly traded on an established securities market or otherwise, you are, or are treated under  Code  Section  409A  as, either  (A)  an officer  having annual  compensation  greater  than
$130,000 (as adjusted for cost-of-living increases  in accordance with Code Section 416(i)(l)(A) and Code Section 415(d)), (B) a 5% owner, or (C) a 1% owner having annual compensation  from the corporation  of more than $150,000. For purposes of determining your percentage ownership, the constructive-ownership rules described in Code Section 416(i)(l)(B) will apply. The determination  whether   you  are  a  Specified   Employee  will  be  made  in  accordance   with regulations  issued under Code Section 409A and other available guidance.

Except as otherwise expressly provided in this Agreement or in any Benefit Plan, we will have no further obligation to you

(c)        Disability or Death If your employment terminates due to Disability or death, we will pay your monthly Base Salary only through the date of termination.

(d)        Your  Post-Termination Obligations On  termination  of employment  for any  reason, (1)  you will  resign as of the date of such termination  as a director  and officer  of Spirit and its affiliates and as a fiduciary of any of Spirit's  or its affiliates'  benefit plans, (2) you will promptly  execute and deliver upon such termination any document  reasonably  required  by Spirit  or an affiliate  to evidence the foregoing resignations, (3) you will immediately  deliver  to us all Confidential Information, all copies and embodiments thereof, and all records, notes, worksheets, schematics,  customer  lists, supplier  lists, memoranda,  computer  files  and storage devices, analyses and derivative works based thereon or which relate in any way thereto, and (4) you will pay to us any amounts due and owing by you as specified in this Agreement.

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(e)     Survival   of  Provisions  Your  obligations   under  4  through   9  of  this
Agreement will survive the expiration or termination of your employment for any reason.

7.     Representations and Warranties You represent and warrant to us that:

(a)        No  Conflicts  To  the  best  of  your  knowledge,  you  are  under  no  duty (whether  contractual,  fiduciary  or  otherwise)  that  would  prevent,  restrict  or  limit  you  from entering   into  this  Agreement   and  fully  performing  all  duties  and  services  for  us,  and  the performance of such duties and services will not conflict with any other agreement, policy or obligation  by which you are bound.

(b)       No Hardship Your experience and/or abilities are such that observance of the   covenants   in this   Agreement   will   not cause   you any undue   hardship   and   will   not unreasonably interfere with your ability to earn a livelihood.

8.         Clawback  Right   You   acknowledge   that  certain   amounts   paid   under   this Agreement  or the Benefit Plans described herein are subject to any Spirit policy on the recovery of compensation  (i.e., a so-called “clawback policy”), as it exists now or as later adopted, and as thereafter amended from time to time.

9.    Mediation

(a)        General  Obligation to Mediate Except  as  provided  in this  Agreement, prior to initiating any legal action, the parties agree to submit all unsettled claims, disputes, controversies, and  other  matters  in question  between  them  arising  out  of  or  relating  to  this Agreement  (including but not limited to any claim that this Agreement or any of its provisions is invalid,  illegal,  or  otherwise  voidable  or  void)  or  the dealings  or  relationship  between  them (“Disputes” ) to mediation  in Wichita,  Kansas,  in accordance  with  the  Commercial  Mediation Rules of the American Arbitration  Association currently in effect. The mediation will be private, confidential, voluntary, and nonbinding.  Either party may withdraw from the mediation at any time before signing a settlement agreement by giving written notice to the other party and the mediator.  The mediator will be neutral and impartial.  The mediator will be disqualified as a witness, consultant, expert, or counsel for either party with respect to the matters in Dispute and any related matters. Each party will pay its respective attorneys’ fees and other costs associated with the mediation, and each party will equally bear the costs and fees of the mediator.  If a Dispute cannot be resolved through mediation within 90 days of its submission to mediation, the parties may proceed with legal action.

(b)       Confidentiality  The  parties agree  that  they  will  not  disclose,  or  permit those acting on their respective  behalf to disclose, any aspect of the proceedings  under Section
9(a), including  but not limited to the resolution  or the existence or amount of any award, to any Person, unless  divulged  (i) to an agency  of the federal  or state government;  (ii) pursuant  to a court or administrative  order; (iii) pursuant to a requirement of law; (iv) pursuant to prior written consent  of the parties; (v) pursuant to a legal proceeding to enforce a settlement  agreement  or arbitration  award;  or  (vi)  by  Spirit,  to  the  extent  required  under  federal  securities  laws  and regulations. This provision does not prohibit the parties' disclosure of the terms of any settlement
to  their  attorney(s),  accountant(s),  financial  advisor(s),  or  family  members,  so  long  as  such persons first agree to comply with the provisions of this Section 9(b).

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(c)       Injunctions Notwithstanding  anything to the contrary  in this Section,  the parties will have the right in a proper case to obtain temporary restraining orders and temporary or preliminary  injunctive relief from a court of competent jurisdiction.

10.     General

(a)       Notices All notices required or permitted under this Agreement must be in writing and may be given by personal delivery, effective on the day of such delivery, or may be mailed  by certified  mail, return receipt requested, effective three business days after the date of mailing, addressed as follows:

To us:

Spirit AeroSystems, Inc.
Attention: Senior Vice President, General Counsel and Secretary
3801 S. Oliver
P.O. Box 780008, Mail Code Kll-60
Wichita, KS 67278-0008
Facsimile: 316.529.4539
Email: jon.d.lammers@spiritaero.com

or such other person or contact information as designated in writing to you.

To you at your last known residence address, email, or facsimile number or to such other contact information as designated in writing to us.

(b)       Successors Neither this Agreement nor any right or interest herein will be assignable or transferable (whether by pledge, grant of a security interest or otherwise) by you or your beneficiaries or legal representatives, except by will, the laws of descent and distribution, or inter  vivos  revocable   living  grantor   trust  as  your  beneficiaries,  and  any  other   purported assignment  will  be void. This Agreement will be binding upon and will inure to the benefit of Spirit, its successors and assigns, and will be binding on you and your heirs, beneficiaries, and legal and personal representatives.

(c)        Waiver,  Modification,  and   Interpretation  No    provisions    of   this Agreement may be modified, waived, or discharged except by written instrument signed by you and an appropriate officer of Spirit empowered to sign the same by our or Holdings' Board. No waiver by either party at any time of any breach by the other party of, or compliance  with, any condition  or provision  of this Agreement  to be performed  by the other party will be deemed  a waiver  of similar  or  dissimilar  provisions  or conditions at the  same  time  or  at any  prior  or subsequent time.

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(d)       Interpretation The validity, interpretation, construction, and performance of this Agreement will be governed by the laws of the State of Kansas, except that the corporate law of the State of Delaware will govern issues related to the issuance of common stock. Any action brought to enforce or interpret this Agreement will be maintained exclusively in the state and federal courts located in Wichita, Kansas.

(e)        Headings The headings in this Agreement are for reference purposes only and will not in any way affect the meaning or interpretation of any provision of this Agreement. No provision  of this Agreement  will be interpreted  for or against either party on the basis that such party was the draftsman of such provision, and no presumption or burden of proof will arise disfavoring   or  favoring   either  party  by  virtue  of  the  authorship   of  any  provision   of  this Agreement.

(f)        Counterparts  We and  you may execute  this Agreement  in counterparts, each of which will be deemed an original and both of which will constitute a single instrument. In proving this Agreement, it will not be necessary to produce or account for more than one such counterpart.

(g)       Invalidity of Provisions If a court of competent  jurisdiction  declares that any provision  of this Agreement is invalid, illegal, or unenforceable  in any respect, then in lieu of such illegal, invalid, or unenforceable provision the court may add as a part of this Agreement a   legal,  valid,  and  enforceable   provision  as  similar   in  terms  to  such  illegal,   invalid,   or unenforceable   provision  as  is  possible.  If  such  court  cannot  so  substitute  or  declines  to  so substitute  for such  illegal,  invalid, or unenforceable  provision  (i) such  provision  will  be fully severable; (ii) this Agreement will be construed and enforced as if such illegal, invalid, or unenforceable  provision  had never comprised a part hereof; and (iii) the remaining provisions of this Agreement will continue in full force and effect and not be affected by the illegal, invalid, or unenforceable  provision or by its severance herefrom. The covenants in this Agreement will each be construed  to be a separate  agreement  independent of any other provision  of this Agreement, and  the  existence  of  any  claim  or  cause  of  action  of  yours  against  us,  predicated  on  this Agreement  or otherwise,  will not constitute a defense to the enforcement by us of any covenants in this Agreement.

(h)       Entire   Agreement    This   Agreement   (together   with   the   documents expressly  referred  to herein) constitutes  the entire agreement  between the parties, supersedes  in all respects any prior agreement between you and us, and may not be changed except by written instrument duly executed by you and us in the same manner as this Agreement.

(i)        Compliance  with Code Section  409A The amounts  payable  to you after separation  from  service  under 6(b)  (if  any)  are  intended  to be exempt  from  the  definition  of “deferred  compensation” for purposes  of Code  Section 409A  as amounts  payable  only  in the event  of  involuntary  termination  without  Cause.  To  the  extent  any  such  amounts  constitute “deferred compensation” for purposes of Code Section 409A, then those amounts will be paid to you in equal  monthly installments,  and payment of such amounts  may not be accelerated.  This Section   1O(i) and  the  terms  of  this  Agreement  are  intended  to  comply  with,  and  will  be

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interpreted and   construed   in  accordance   with  and  in  a  manner   that  complies   with,  the requirements  of Code Section 409A, to the extent necessary.

[Signature page follows.]

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IN WITNESS WHEREOF, this Agreement has been executed by the parties on the date(s) set forth below, to be effective as of the Effective Date.

	
						
	 
	 
	 
	SPIRIT AEROSYSTEMS, INC.

	 
	 
	 
	 
	 
	 

	Date:
	May 5, 2014
	 
	By:
	/s/ Suzanne Scott

	 
	 
	 
	 
	 
	 

	 
	 
	 
	Name:
	Suzanne Scott

	 
	 
	 
	 
	 
	 

	 
	 
	 
	Title:
	Director - Global HR

	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 

	Date:
	May 5, 2014
	 
	/s/ Bill Brown

	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 

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