Separation and Transition Agreement (July 26th, 2013)
You have informed us of your desire to resign from your employment with Spirit Airlines, Inc. ("Spirit" or the "Company"). Spirit would like you to remain fully dedicated in your capacity as Senior Vice President and Chief Operating Officer of the Company for a transition period while the Company recruits your successor in that role. This Separation and Transition Agreement ("Agreement") is entered in connection with your decision to receive the separation and executive transition package offered by Spirit. The purpose of this Agreement is to summarize the benefits that will be available to you in return for your continuing to serve the Company in your current role during an agreed transition period, providing the Company a release of claims and certain other undertakings by you and the Company.