Gogo amends CEO Thorne's employment agreement, extends term to Dec 2025, sets minimum equity grants

Gogo Inc.

Term extended to Dec 31, 2025; no agreement on extension/transition leads to CEO resignation at term end.
Annual equity grants guaranteed: at least $2.2M in 2024, at least grant value of 2023 award in 2025.
Accelerated vesting for all outstanding options and RSUs on termination without cause or for good reason.
Good reason definition expanded to include a Change in Control (per Plan).
Added Section 280G 'best-net' cutback provision.

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