Attached files
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8-K - FORM 8-K - JETBLUE AIRWAYS CORP | y04316e8vk.htm |
Exhibit 10.23(b)
AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT
This Amendment no. 2 to Employment Agreement (this Amendment) is entered into as of December
21, 2010, between JetBlue Airways Corporation, a Delaware corporation (the Company) and Dave
Barger (Executive).
WHEREAS, Executive became the Chief Executive Officer of the Company on May 10, 2007.
WHEREAS, on February 11, 2008, Executive and the Company entered into an Employment Agreement
and Executive and the Company amended such Agreement as of July 8, 2009 (as amended, the
Employment Agreement). (Capitalized terms used in this Amendment without definition shall have
the meanings given to them in the Employment Agreement.)
WHEREAS, in the Employment Agreement, the Term of Executives employment is defined as the
period ending on February 13, 2013 (if not earlier terminated by the parties).
WHEREAS, at the request and direction of the Board of Directors of the Company, the parties
now desire to enter into this Amendment to extend the Employment Term through February 11, 2015.
NOW, THEREFORE, in consideration of the mutual covenants and agreements hereinafter set forth,
the parties agree that the Employment Agreement is hereby amended as follows:
1. | The Term of Employment described in Section 2 of the Employment Agreement is hereby amended to be that period beginning on the Effective Date of the Employment Agreement and ending on February 11, 2015, unless sooner terminated in accordance with the terms of the Employment Agreement. |
Except as specifically amended above, all other provisions of the Employment Agreement shall remain
in full force and effect.
IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the date first written
above.
JetBlue Airways Corporation |
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By: | /s/ James G. Hnat | |||
Name: | James G. Hnat | |||
Title: | Executive Vice President and General Counsel | |||
ACCEPTED AND AGREED TO: |
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/s/ Dave Barger | ||||
Dave Barger | ||||