EX-10.1
from 8-K
4 pages
April 6, 2020 Position/Title: Evp, Chief Financial Officer, Delek US Holdings & Logistics Reports To: Uzi Yemin, Chairman, President and Chief Executive Officer Term: April 13, 2020 to April 13, 2021 (The “Term”) Note: Mr. Spiegel Will Officially Start on April 13th in the Capacity of Successor CFO and With Full CFO Responsibilities to Be Effective on May 8, 2020. Annualized Base Salary: $500,000, Less Applicable Taxes and Other Withholdings, in Accordance With the Company’s Payroll Practices in Effect From Time to Time. Sign-On Bonus: $500,000, Less Applicable Taxes and Other Withholdings (The “Sign-On Bonus”), to Be Paid on the Last Day of the Term Paid Time Off: 25 Days Per Year With the Ability to Carry Over Unused Time Per Company Policy. Equity Compensation: You Will Be Eligible to Receive $100,000 Award of Phantom Units Granted Under the Delek Logistics GP, LLC 2012 Long-Term Incentive Plan on June 10, 2020 and Vesting Semi-Annually Over a One-Year Period Following the Date of Grant
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