Volato Group, Inc., a Delaware-incorporated company listed on the NYSE American LLC under the trading symbols SOAR for its Class A Common Stock and SOAR.WS for its warrants, has reported the execution of Employee Invention Assignment, Restrictive Covenants, and Confidentiality Agreements with key executive officers. The agreements were signed between January 9 and January 12, 2024, with Chief Executive Officer Matthew Liotta, Chief Commercial Officer Nicholas Cooper, and Chief Operating Officer Keith Rabin. These Covenants Agreements, which are in line with the Employment Agreements effective from December 1, 2023, include non-compete and non-solicitation clauses effective during and for 12 months post-employment within the United States. They also contain confidentiality provisions to protect the company's sensitive information and trade secrets. Additionally...Show More

Volato Group, Inc., a Delaware-incorporated company listed on the NYSE American LLC under the trading symbols SOAR for its Class A Common Stock and SOAR.WS for its warrants, has reported the execution of Employee Invention Assignment, Restrictive Covenants, and Confidentiality Agreements with key executive officers. The agreements were signed between January 9 and January 12, 2024, with Chief Executive Officer Matthew Liotta, Chief Commercial Officer Nicholas Cooper, and Chief Operating Officer Keith Rabin. These Covenants Agreements, which are in line with the Employment Agreements effective from December 1, 2023, include non-compete and non-solicitation clauses effective during and for 12 months post-employment within the United States. They also contain confidentiality provisions to protect the company's sensitive information and trade secrets. Additionally, the executives have agreed to assign rights to inventions related to the company's business and assist with intellectual property documentation. The full details of these agreements are referenced in the Form of Covenants Agreement, which is attached to the report as Exhibit 10.1. This announcement was officially made in a Form 8-K filed with the SEC on January 16, 2024, by Mark Heinen, Chief Financial Officer of Volato Group, Inc.