SEC Contract Filing

Filing Date: 2020-05-06

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>2
<FILENAME>geo-ex102_233.htm
<DESCRIPTION>EX-10.2
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<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">EXHIBIT 10.2</p>
<p style="text-align:center;margin-top:22pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;color:#1C1D1F;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">S<font style="color:#36383A;">ENIOR OFFI</font>C<font style="color:#36383A;">ER EMPLO</font>Y<font style="color:#36383A;">M</font>E<font style="color:#36383A;">NT A</font>G<font style="color:#36383A;">REEMENT</font></p>
<p style="text-align:justify;margin-top:11pt;margin-bottom:0pt;text-indent:7.64%;font-weight:bold;color:#1C1D1F;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">T<font style="color:#36383A;">HI</font>S S<font style="color:#36383A;">ENIOR </font>OFFICER <font style="color:#36383A;">E</font>MPL<font style="color:#36383A;">OY</font>M<font style="color:#36383A;">ENT </font>AGRE<font style="color:#36383A;">E</font>ME<font style="color:#36383A;">NT </font><font style="font-weight:normal;">(this "Agreement") is entered into effective the 1st day of January, 2014 by and between The GEO Group</font><font style="color:#36383A;font-weight:normal;">, </font><font style="font-weight:normal;">Inc. (the "Company") and David Venturella (the " Employee</font><font style="color:#36383A;font-weight:normal;">" </font><font style="font-weight:normal;">and, together with </font><font style="color:#36383A;font-weight:normal;">t</font><font style="font-weight:normal;">he Company, the "Parties").</font></p>
<p style="text-align:justify;margin-top:11pt;margin-bottom:0pt;text-indent:7.64%;font-weight:bold;color:#1C1D1F;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">W<font style="color:#36383A;">H</font>EREAS<font style="color:#36383A;">, </font><font style="font-weight:normal;">the terms of this Agreement have been reviewed and approved by the members of the Compensation Committee of the Board of Directors of the Company (the "</font><font style="letter-spacing:-1.8pt;font-weight:normal;"> </font><font style="letter-spacing:-0.15pt;font-weight:normal;">Board")</font><font style="color:#36383A;letter-spacing:-0.15pt;font-weight:normal;">.</font></p>
<p style="text-align:justify;margin-top:11pt;margin-bottom:0pt;text-indent:7.64%;font-weight:bold;color:#1C1D1F;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">NOW THERE <font style="color:#36383A;letter-spacing:-0.15pt;">F</font><font style="letter-spacing:-0.15pt;">O</font><font style="color:#36383A;letter-spacing:-0.15pt;">RE</font><font style="letter-spacing:-0.15pt;">, </font><font style="font-weight:normal;">in consideration of the mutual co</font><font style="color:#36383A;font-weight:normal;">v</font><font style="font-weight:normal;">enants and agreements contained herein, and for other valuable consideration the receipt and adequacy of which is hereby acknowledged</font><font style="color:#36383A;font-weight:normal;">, </font><font style="font-weight:normal;">the Parties hereby agree as</font><font style="letter-spacing:-1.25pt;font-weight:normal;"> </font><font style="letter-spacing:-0.2pt;font-weight:normal;">follows</font><font style="color:#36383A;letter-spacing:-0.2pt;font-weight:normal;">:</font></p>
<p style="text-align:justify;margin-top:11pt;margin-bottom:0pt;text-indent:7.64%;color:#1C1D1F;letter-spacing:-0.1pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1.<font style="margin-left:36pt;"></font><font style="font-weight:bold;">Pos</font><font style="font-weight:bold;color:#36383A;">i</font><font style="font-weight:bold;">tion an</font><font style="font-weight:bold;color:#36383A;">d D</font><font style="font-weight:bold;">uties. </font>The Company hereby agrees to continue to employ the Employee and the Employee hereby accepts continued employment and agrees to continue to serve as Senior Vice President<font style="color:#36383A;">, </font>Business Development of the Company. The Employee will perform all duties and responsibilities and will have all authority inherent in the position of Senior Vice President, Business<font style="letter-spacing:0.6pt;"> </font>Development.</p>
<p style="text-align:justify;margin-top:11pt;margin-bottom:0pt;text-indent:7.64%;color:#1C1D1F;letter-spacing:-0.1pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2.<font style="margin-left:36pt;"></font><font style="font-weight:bold;color:#36383A;">T</font><font style="font-weight:bold;">erm of </font><font style="font-weight:bold;letter-spacing:-0.5pt;">Ag</font><font style="font-weight:bold;color:#36383A;letter-spacing:-0.5pt;">r</font><font style="font-weight:bold;letter-spacing:-0.5pt;">eeme</font><font style="font-weight:bold;color:#36383A;letter-spacing:-0.5pt;">n</font><font style="font-weight:bold;letter-spacing:-0.5pt;">t </font><font style="font-weight:bold;">a</font><font style="font-weight:bold;color:#36383A;">n</font><font style="font-weight:bold;">d </font><font style="font-weight:bold;color:#36383A;letter-spacing:-0.25pt;">E</font><font style="font-weight:bold;letter-spacing:-0.25pt;">m</font><font style="font-weight:bold;color:#36383A;letter-spacing:-0.25pt;">p</font><font style="font-weight:bold;letter-spacing:-0