other material
confidence high
sentiment neutral
materiality 0.35
Norwegian Cruise Line CFO Mark Kempa signs new employment agreement through Dec 2026
Norwegian Cruise Line Holdings Ltd.
- Base salary of $900,000 per year, subject to annual review by Compensation Committee.
- Initial term ends Dec 31, 2026, with automatic one-year renewals unless either party gives 60 days' notice.
- Severance: 2x base salary if terminated without cause or for good reason; plus COBRA for 18 months.
- Upon a change in control, full accelerated vesting of all outstanding equity awards.
- Eligible for annual incentive bonus and equity grants under the 2013 Performance Incentive Plan.