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PayPal | 8-K: Executive Vice President Peggy Alford Entered into a Separation Agreement

PayPal | 8-K:執行副總裁Peggy Alford簽訂離職協議

SEC announcement ·  01/08 13:00
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On January 8, 2024, PayPal Holdings, Inc. disclosed the details of a Separation Agreement with Peggy Alford, the company's Executive Vice President of Global Sales and Merchant Services. The agreement outlines the terms of Ms. Alford's departure from PayPal, which is scheduled for January 31, 2024, following the initial announcement made on December 6, 2023. Under the terms of the agreement, Ms. Alford will receive severance pay, bonuses for fiscal years 2023 and a pro-rata bonus for 2024, health benefits, and equity award treatment, all consistent with a 'Qualifying Termination' as defined in the company's Executive Change in Control and Severance Plan. This plan was previously filed with the SEC in February 2023. The agreement also includes a release of claims and compliance with restrictive covenants.
On January 8, 2024, PayPal Holdings, Inc. disclosed the details of a Separation Agreement with Peggy Alford, the company's Executive Vice President of Global Sales and Merchant Services. The agreement outlines the terms of Ms. Alford's departure from PayPal, which is scheduled for January 31, 2024, following the initial announcement made on December 6, 2023. Under the terms of the agreement, Ms. Alford will receive severance pay, bonuses for fiscal years 2023 and a pro-rata bonus for 2024, health benefits, and equity award treatment, all consistent with a 'Qualifying Termination' as defined in the company's Executive Change in Control and Severance Plan. This plan was previously filed with the SEC in February 2023. The agreement also includes a release of claims and compliance with restrictive covenants.
2024年1月8日,PayPal Holdings, Inc.披露了與該公司全球銷售和商業服務執行副總裁佩吉·奧爾福德簽訂的分離協議的細節。該協議概述了繼2023年12月6日首次宣佈之後,奧爾福德女士定於2024年1月31日離開PayPal的條款。根據協議條款,奧爾福德女士將獲得遣散費、2023財年的獎金和2024年的按比例發放的獎金、健康福利和股權獎勵待遇,所有這些都與公司高管控制權變動和遣散費計劃中定義的 “合格解僱” 一致。該計劃此前已於2023年2月向美國證券交易委員會提交。該協議還包括解除索賠和遵守限制性契約。
2024年1月8日,PayPal Holdings, Inc.披露了與該公司全球銷售和商業服務執行副總裁佩吉·奧爾福德簽訂的分離協議的細節。該協議概述了繼2023年12月6日首次宣佈之後,奧爾福德女士定於2024年1月31日離開PayPal的條款。根據協議條款,奧爾福德女士將獲得遣散費、2023財年的獎金和2024年的按比例發放的獎金、健康福利和股權獎勵待遇,所有這些都與公司高管控制權變動和遣散費計劃中定義的 “合格解僱” 一致。該計劃此前已於2023年2月向美國證券交易委員會提交。該協議還包括解除索賠和遵守限制性契約。

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