SEC Contract Filing

Filing Date: 2020-04-23

Document Content:
<DOCUMENT>
<TYPE>EX-10.31
<SEQUENCE>3
<FILENAME>wwe-20200331xex10_31.htm
<DESCRIPTION>EX-10.31
<TEXT>
<!--HTML document created with Certent Disclosure Management 6.37.1.2-->
<!--Created on: 4/23/2020 4:30:46 PM-->
<html>
	<head>
 <title>
 Exh - GB Separation Agreement
 </title>
	</head>
	<body><div style="margin-left:72pt;margin-right:72pt;">
 <p style="margin:0pt;font-family:Calibri;font-size: 11pt">
 <font style="display: inline;"></font>
 </p>
 <p style="margin:0pt;font-family:Calibri;font-size: 11pt">
 <font style="display: inline;">&#xFEFF;</font>
 </p>
 <p style="margin:0pt;font-family:Calibri;font-size: 11pt">
 <font style="display: inline;">&#xFEFF;</font>
 </p>
 <p style="margin:0pt;font-family:Calibri;font-size: 11pt">
 <font style="display: inline;">&#xFEFF;</font>
 </p>
 <p style="margin:0pt;font-family:Calibri;font-size: 11pt">
 <font style="display: inline;">&#xFEFF;</font>
 </p>
 <p style="margin:0pt;font-family:Calibri;font-size: 11pt">
 <font style="display: inline;font-style:italic;">&#xFEFF;</font>
 </p>
 <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
 <font style="display: inline;font-weight:bold;text-decoration:underline;">CONFIDENTIAL</font>
 </p>
 <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
 <font style="display: inline;">&#xFEFF;</font>
 </p>
 <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
 <a name="_Hlk28963371"></a><font style="display: inline;color:#000000;">February 20</font><font style="display: inline;color:#000000;">, 2020</font>
 </p>
 <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
 <font style="display: inline;color:#000000;">&#xFEFF;</font>
 </p>
 <p style="margin:0pt;font-family:Calibri;font-size: 11pt">
 <font style="display: inline;color:#000000;">George Barrios&nbsp; </font>
 </p>
 <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
 <font style="display: inline;color:#000000;">&#xFEFF;</font>
 </p>
 <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
 <font style="display: inline;">Re:</font><font style="display: inline;;font-size: 11pt;font-family:Calibri;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Separation from Employment</font><font style="display: inline;text-decoration:underline;">/Revised</font>
 </p>
 <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
 <font style="display: inline;">&#xFEFF;</font>
 </p>
 <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
 <font style="display: inline;">Dear </font><font style="display: inline;">George:</font>
 </p>
 <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
 <font style="display: inline;">&#xFEFF;</font>
 </p>
 <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
 <font style="display: inline;;font-size: 11pt;font-family:Calibri;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">This letter agreement (the &#x201C;Agreement&#x201D;) sets forth the terms and conditions of the termination of your employment with World Wrestling Entertainment, Inc., including its current and former subsidiaries and affiliated entities (collectively &#x201C;WWE&#x201D;).&nbsp; </font>
 </p>
 <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
 <font style="display: inline;">&#xFEFF;</font>
 </p>
 <p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
 <font style="display: inline;">Your employment with</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">WWE is </font><font style="display: inline;">terminated </font><font style="display: inline;">effective </font><font style="display: inline;color:#000000;">January </font><font style="display: inline;color:#000000;">30</font><font style="display: inline;color:#000000;">, 2020</font><font style="display: inline;"> (&#x201C;Termination</font><font style="display: inline;"> Date&#x201D;).&nbsp; </font>
 </p>
 <p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
 <font style="display: inline;">&#xFEFF;</font>
 </p>
 <div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt;">
 <p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
 <font style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 1.</font>
 </p>
 </td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
 <p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
 <font style="display: inline;font-family:Calibri;font-size:11pt;color:#000000;">WWE </font><font style="display: inline;font-family:Calibri;font-size:11pt;color:#000000;">provided you or </font><font style="display: inline;font-family:Calibri;font-size:11pt;color:#000000;">will provide you with:</font></p></td></tr></table></div>
 <p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 11pt">
 <font style="display: inline;font-