December 15, 2016General Release • December 16th, 2016 • Sabre Corp • Services-computer programming, data processing, etc. • Texas
This agreement (“Agreement”) will confirm our mutual understanding with respect to your continued employment by Sabre Corporation following your promotion to the role described below, effective as of December 31, 2016 (the “Effective Time”).
On behalf of the Board of Directors (the “Board”) of Sabre Corporation (the “Company”), this letter memorializes our agreement regarding your service as Executive Chairman of the Board.Sabre Corp • December 16th, 2016 • Services-computer programming, data processing, etc.
You will be appointed Executive Chairman effective as of December 31, 2016. Your position will require part-time, and not full-time, services. Your principal place of employment shall be your address set forth above, but you shall be required to travel as necessary in connection with the performance of the services contemplated hereby. In consideration for your services as Executive Chairman, the Company will pay you annual cash base compensation of $500,000, payable on a monthly basis.
