Amendment to Executive Employment Agreement (February 16th, 2017)
This amendment (this "Amendment") to the Executive Employment Agreement dated July 23, 2016 and effective as of July 1, 2017 (the "Employment Agreement"), between Canadian Pacific Railway Company (the "Company") and Keith Creel (the "Executive"), is dated as of January 31, 2017.
Release: Immediate January 18, 2017 Keith Creel to Become CEO of Canadian Pacific; E. Hunter Harrison to Retire (January 23rd, 2017)
Calgary, AB Calgary, AB Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) announced today that Keith Creel will become President and Chief Executive Officer of the company effective January 31, 2017 following E. Hunter Harrisons decision to retire from CP. Mr. Harrison will take vacation leave effective immediately until January 31, 2017, and Mr. Creel will assume the CEOs responsibilities during this period.
THIS SEPARATION AGREEMENT Is Made as of January 18, 2017 (The Agreement) BETWEEN: CANADIAN PACIFIC RAILWAY LIMITED (The Company) - And - RECITALS: (January 23rd, 2017)
NOW, THEREFORE in consideration of the foregoing and the promises and covenants contained in this Agreement, and other good and valuable consideration, the receipt and sufficiency of which are acknowledged and intending to be legally bound by this Agreement the undersigned agree as follows:
Executive Employment Agreement (July 26th, 2016)
THIS EMPLOYMENT AGREEMENT (this "Agreement") is made between Canadian Pacific Railway Company (the "Company") and Keith Creel (the "Executive") on the date hereof set forth on the signature page hereto, effective as of July 1, 2017 (the "Effective Date").
Contract (July 26th, 2016)