SEC Filings

8-K
PLAYA HOTELS & RESORTS N.V. filed this Form 8-K on 01/04/2019
Entire Document
 


(l)    Counterparts. This Agreement may be executed in one (1) or more counterparts, each of which shall be deemed an original but all of which together shall constitute one (1) and the same instrument.

(m)    Survival. The provisions of Sections 7 through 11 of this Agreement shall survive any termination of Mr. Wardinski’s employment.

12.    Playa Appointments.

(a)    Mr. Wardinski’s appointment as Playa CEO and Playa Chairman of the Board shall continue until terminated as provided herein.

(b)    Mr. Wardinski shall devote such business time, attention, skill, and effort to the performance of his duties necessary to serve as Playa CEO and Playa Chairman of the Board. Mr. Wardinski shall report to the Playa Board, who shall have the final and exclusive authority to direct, control and supervise the activities of Mr. Wardinski as Playa CEO and Playa Chairman of the Board. Mr. Wardinski shall perform his duties to the best of his ability, shall adhere to Playa’s published policies and procedures, and shall use his best efforts to promote Playa’s interests, reputation, business, and welfare. Mr. Wardinski shall serve in fiduciary relationship to Playa.

(c)    Playa and Mr. Wardinski shall resolve any disputes relating to this Agreement pursuant to Section 10 above.

(d)    Notice to Playa under this Agreement shall be to:

Playa Hotels and Resorts B.V.

3950 University Drive

Suite 301

Fairfax, Virginia 22030

Attention: General Counsel

Fax No. 571-529-6091

With a copy to:

Playa Hotels and Resorts B.V.

3950 University Drive

Suite 301

Fairfax, Virginia 22030

Attention: Chief Financial Officer

Email:                 

 

13.

Approvals

The effectiveness of this Agreement is subject to the approval of the Playa Board. Delivery of this Agreement executed by Playa Resorts and Playa to Mr. Wardinski shall be deemed conclusive evidence of such approval and upon such approval this Agreement shall be deemed effective as of the Effective Date.

 

14.

No Other Employment or Compensation

Mr. Wardinski (x) represents and warrants to Playa Resorts and the other Playa Affiliates that, and (y) agrees that during the Employment Period, (a) he is not and shall not be a party to

 

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