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| | • The Make-Whole Payment will also be subject to adjustment to offset for any partial or full payment your previous employer makes to you with respect to its 2018 bonus plan and for any dividends not clawed back • The repayment obligation with respect to the Make-Whole Payment will be documented in a separate Repayment Agreement to be entered into upon your start date |
This offer is dependent on your successful completion of Adient’s standardpre-employment screening and verification process. Your employment will be “at will,” terminable by either you or Adient at any time, subject to the terms of your Key Executive Severance and Change of Control Agreement. All amounts stated above are subject to applicable tax and statutory withholdings or other deductions.
By signing this letter, you represent and warrant to Adient that you will not be in breach of any existing or any former terms of employment applicable to you or in breach of any other obligation binding on you, including without limitation any noncompetition,non-solicitation of customers,non-solicitation of employees or other restrictive covenant, by reason of your becoming an employee of Adient or performing your duties for Adient. You further confirm that you will not remove or take any documents or proprietary data or materials of any kind, electronic or otherwise, with you from your current or former employer to Adient without express authorization from your current or former employer. If you have any questions about the ownership of particular documents or other information, discuss such questions with your current or former employer before removing or copying the documents or information.
We look forward to hearing from you by September 11, 2018. Meanwhile, if you have any additional questions, please contact me. On behalf of the Board of Directors, we are excited about the future of Adient and your ability to enhance the value of our Company for our stakeholders.
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Sincerely, |
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/s/ John M. Barth |
John M. Barth |
Chairman |
Agreed and accepted this 11th day of September, 2018.
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/s/ Douglas DelGrosso |
Douglas DelGrosso |
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