Document:

a20210819-parttimeagreem

        Teilzeitvereinbarung    Part-Time Agreement       zwischen     between  COMPASS Pathfinder Limited     COMPASS Pathfinder Limited     - nachfolgend „COMPASS“ genannt -     - hereinafter referred to as “COMPASS”  -   und    and  Herrn Lars Wilde    Mr. Lars Wilde    - nachfolgend gemeinsam „die Par- teien“ genannt -     - both hereinafter referred to as “the  parties” -  Präambel    Preamble  Zwischen den Parteien besteht ein Ar- beitsverhältnis. Herr Wilde befindet sich  derzeit in Elternzeit für seinen Sohn Le- onard. Die Elternzeit endet mit Ablauf  des 31. März 2022. Während der bis da- hin verbleibenden Elternzeit möchte  Herr Wilde gerne in Teilzeit arbeiten,  und zwar ab dem 4. Oktober 2021.  Die- sem Wunsch kommt COMPASS gerne  nach.     An employment relationship exists be- tween the parties. Mr. Wilde is currently  on parental leave for his son Leonard.  The parental leave ends on March 31,  2022. During the parental leave remain- ing until then, Mr. Wilde would like to  work part-time, starting on October 4,  2021. COMPASS is happy to comply  with this request.     Dies vorausgeschickt vereinbaren die  Parteien Folgendes:    The parties agree as follows:  1. COMPASS beschäftigt Herrn Wilde  in der Zeit vom 4. Oktober 2021 bis  zum 31. März 2022 in Teilzeit in El- ternzeit („Elternteilzeit“).    1. COMPASS employs Mr. Wilde from  October 4 until March 31, 2022 in  "Parental Part-Time".     2. Während der Elternteilzeit beträgt  die arbeitsvertraglich geschuldete  Arbeitszeit 20 Stunden pro Woche,  Pausen ausgeschlossen.     Die Verteilung der Arbeitszeit legt  COMPASS unter Berücksichtigung  der betrieblichen Erfordernisse so- wie der Interessen von Herrn Wilde  fest.     2. During the Parental-Part-Time the  working time due under the employ- ment contract shall be 20 hours per  week, excluding breaks.     The allocation of working time shall  be determined by COMPASS taking  into account the operational require- ments and the interests of Mr. Wilde.   3. Die monatliche Festvergütung be- trägt während der Elternteilzeit  GBP 160.000,00 brutto, zahlbar am  Ende eines jeden Monats. Der jährli- che Zielbonus gemäß Ziffer 4 Abs. 2  der mit Wirkung zum 4. Oktober  3. During the Parental-Part-Time the  monthly basic salary shall amount to  GBP 160,000.00 gross, payable at  the end of each month. Notwith- standing the foregoing, during the  Parental-Part-Time the annual target  

 

        2020 geschlossenen Änderungsver- einbarung berechnet sich auch wäh- rend der Elternteilzeit weiterhin auf  Basis von Herrn Wildes regulärer  vertraglicher Vollzeit-Festvergütung.    bonus amount under section 4(2) of  the employment contract (as in- serted by deed with effect as of Oc- tober 4, 2020) shall continue to be  calculated by reference to Mr.  Wilde’s regular contractual full time  basic salary.    4. Der Herrn Wilde während der Eltern- teilzeit zustehende Urlaub bemisst  sich anteilig auf Grundlage des ihm  gemäß Arbeitsvertrag vom  18./23. Oktober 2017 zustehenden  Vollzeit-Urlaubs.     4. The holiday to which Mr. Wilde is en- titled during the Parental-Part-Time  shall be calculated pro rata on the  basis of the full-time holiday to which  he is entitled according to his em- ployment contract dated Octo- ber 18/23, 2017.    5. Im Übrigen verbleibt es bei den bis- herigen arbeitsvertraglichen Rege- lungen. Zudem gelten die betriebli- chen Bestimmungen. Sofern die ar- beitsvertraglichen Regelungen  und/oder betrieblichen Bestimmun- gen auf eine Vollzeittätigkeit abstel- len, gelten sie für die Teilzeittätigkeit  entsprechend, es sei denn, sie sol- len nach ihrem Wortlaut ausschließ- lich im Falle einer Vollzeittätigkeit  gelten oder setzen eine solche vo- raus.     5. In all other respects, the existing pro- visions of the employment contract  shall remain in effect. In addition, the  operational regulations apply. If the  employment contract provisions  and/or operational regulations are  based on full-time employment, they  shall apply mutatis mutandis to part- time employment, unless they are  worded to apply exclusively in the  case of full-time employment or re- quire such an employment.  6. Diese Vereinbarung endet automa- tisch, ohne dass es einer Kündigung  bedarf, mit Ablauf des 31. März  2022. Endet die Elternzeit für Herrn  Wildes Kind Leonard vorzeitig, endet  zugleich auch diese Vereinbarung  automatisch vorzeitig. Die Verlänge- rung der Elternzeit für das Kind Le- onard über den 31. März 2022 hin- aus, führt nicht zu einer Verlänge- rung dieser Teilzeitvereinbarung.  Gleiches gilt bei Elternzeit für ein an- deres Kind.     6. This agreement ends automatically  without the need for termination at  the expiry of March 31, 2022. If the  parental leave for Mr. Wilde ́s child  Leonard ends prematurely, this  agreement shall also automatically  end prematurely. The extension of  parental leave for the Leonard be- yond March 31, 2022 does not lead  to an extension of this part-time  agreement. The same applies in the  event of parental leave for another  child.  7. Nebenabreden wurden nicht getrof- fen. Änderungen oder Ergänzungen  dieses Vertrages einschließlich die- ser Bestimmung bedürfen zu ihrer  Wirksamkeit der Schriftform; davon  abweichend sind auch formlos ge- troffene Änderungen oder Ergänzun- gen dieses Vertrages wirksam, wenn  es sich dabei um Individualabreden  im Sinne von § 305b BGB handelt.    7. There are no collateral agreements.  Any changes or amendments to this  contract, including any changes or  amendments to this provision, shall  be in written form in order to be valid  and binding; however, any informal  changes or amendments to this con- tract shall be valid and binding if the  terms have been individually agreed  within the meaning of Sec. 305b  German Civil Code.  

 

          8. Dieser Vertrag unterliegt dem Recht  der Bundesrepublik Deutschland.     8. This Contract is governed by Ger- man Law.         London, August 23, 2021  ...................................  Date/Place        ...................................  Anne Benedict  Chief People Officer        Düsseldorf, September 29, 2021  ...................................  Date/Place        ...................................  Lars Wilde  PresidentDocument

Exhibit 10-a-7

Summary of Non-Employee Director Compensation and Benefits*
(as of October 1, 2021)

1.Annual Retainer Fees 
Independent Directors
•$107,500 (or the applicable pro rata portion thereof) in cash paid quarterly.  Directors may elect to defer all or part of the cash payment of retainer fees (i) until such time as specified, with interest on deferred amounts accruing quarterly at 120% of the Federal long-term rate set each month by the Secretary of the Treasury, or (ii) by electing to receive restricted stock units valued at the closing price of our common stock on the New York Stock Exchange‐Composite Transactions reporting system on the date each retainer payment would otherwise be made in cash.
•$147,500 (or the applicable pro rata portion thereof) in shares of our common stock paid on the day in December 2021 fixed by the Compensation and Talent Management Committee for the annual grant of equity to executives (or, if the person becomes a director after that date, a pro rata amount paid on the first business day on which the person becomes a director) and valued at the closing price of our common stock on the New York Stock Exchange‐Composite Transactions reporting system on the payment date.  Directors may elect to receive the annual retainer grant of shares of our common stock as described above in the form of restricted stock units in the same number.
2.Committee Membership and Lead Director Fees**
•Audit Committee:  $25,000 for the Chair.
•Compensation and Talent Management Committee:  $20,000 for the Chair.
•Board Composition and Corporate Governance Committee:  $20,000 for the Chair.
•Technology Committee:  $20,000 for the Chair.
•Lead Director:  $35,500.
•Fees are paid quarterly in cash.  Directors may elect to defer all or part of the payment of committee fees (i) until such time as specified, with interest on deferred amounts accruing quarterly at 120% of the Federal long-term rate set each month by the Secretary of the Treasury or (ii) by electing to receive restricted stock units valued at the closing price of our common stock on the New York Stock Exchange‐Composite Transactions reporting system on the date each committee fee payment would otherwise be made in cash.
3.Individual Limit on Director Compensation
•The maximum amount of compensation, including the value of equity awards under any of our equity plans, that may be paid to any individual director in any fiscal year may not exceed $750,000.
4.Other Awards and Benefits
•The Board of Directors may grant directors options to purchase such additional number of shares of our common stock, such additional number of restricted stock units and such additional number of performance shares or performance units as the Board in its sole discretion may determine pursuant to our 2020 Long-Term Incentives Plan.
•We reimburse directors for transportation and other expenses actually incurred in attending Board and Committee meetings.  We reimburse directors at the standard mileage rate allowed by the IRS for use in computing the deductible costs for use of a personal automobile in connection with attending Board or Committee meetings or other activities incident to Board service.
•Directors may participate in a matching gift program under which we will match donations made to eligible educational, arts or cultural institutions.  Gifts will be matched in any calendar year from a minimum of $25 to a maximum of $10,000.

*     Shares of our common stock, restricted stock units and options to purchase shares of our common stock described herein are granted to non-employee directors pursuant to and in accordance with the provisions of our 2020 Long-Term Incentives Plan.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00336-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00336-of-00352.parquet"}]]