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AMENDMENT NO. 4 TO SECOND AMENDED AND RESTATED EMPLOYMENT AGREEMENT

Employment Agreement

AMENDMENT NO. 4 TO SECOND AMENDED AND RESTATED EMPLOYMENT AGREEMENT | Document Parties: REPUBLIC AIRWAYS HOLDINGS INC You are currently viewing:
This Employment Agreement involves

REPUBLIC AIRWAYS HOLDINGS INC

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Title: AMENDMENT NO. 4 TO SECOND AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Date: 6/26/2009
Industry: Airline     Sector: Transportation

AMENDMENT NO. 4 TO SECOND AMENDED AND RESTATED EMPLOYMENT AGREEMENT, Parties: republic airways holdings inc
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Exhibit 10.33(d)

 

AMENDMENT NO. 4 TO

SECOND AMENDED AND RESTATED

EMPLOYMENT AGREEMENT

 

 

THIS AMENDMENT NO. 4 TO SECOND AMENDED AND RESTATED AGREEMENT, dated as of June 22, 2009 (the “Amendment”), amends the Second Amended and Restated Agreement, made and entered into as of July 1, 2003, and amended as of December 27, 2004, further amended as of February 20, 2007 and further amended as of September 5, 2007 (the “Agreement”), by and between REPUBLIC AIRWAYS HOLDINGS INC. (the “Company”), a Delaware corporation, and BRYAN K. BEDFORD (the “Executive”).

 

R E C I T A L S

 

WHEREAS, the Company and the Executive entered into the Agreement; and

 

WHEREAS, the Company and the Executive desire to amend the Agreement as and to the extent provided for herein, it being understood that the Amendment is an interim agreement and will be replaced by a new employment agreement, having such terms as shall be determined by the Company’s Compensation Committee,

 

NOW, THEREFORE, in consideration of the foregoing and the mutual covenants hereinafter set forth and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and intending to be legally bound, the parties hereto agree as follows:

 

           1.   Dates .  All references in the Agreement to the 2009 calendar year shall be references to the 2010 calendar year.  All references in the Agreement to January 1, 2009 shall be references to January 1, 2010.  All references in the Agreement to June 30, 2009 shall be references to June 30, 2010.

 

           2.   Severance Compensation .  Section 4 of the Agreement is hereby amended and restated in its entirety as follows:

 

           4. Severance Compensation .  In the event (i) the Company terminates


 
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