Gogo enters second amended employment agreement with Executive Chairman Thorne; $700k base salary, $1.4M lump-sum

Gogo Inc.

Second Amended and Restated Employment Agreement with Oakleigh Thorne effective April 15, 2025, for terms through 2025.
Base salary of $700k during full-time first term and $350k during part-time second term through Dec 31, 2025.
Eligible for annual bonus at 100% of base salary, determined by Compensation Committee.
Lump-sum payment of $1.4M upon First Term Expiration Date; equity awards consistent with 2023 awards for 2025.
Enhanced severance: termination without cause or good reason triggers Pro Rata Bonus and Second Term Expiration Equity Treatment.

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