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Kennedy-Wilson Holdings, Inc. – ‘S-4’ on 9/24/09 – ‘EX-10.36’

On:  Thursday, 9/24/09, at 5:04pm ET   ·   Private-to-Public:  Document/Exhibit  –  Release Delayed   ·   Accession #:  1047469-9-8529   ·   File #:  333-162116

Previous ‘S-4’:  None   ·   Next:  ‘S-4/A’ on 10/16/09   ·   Latest:  ‘S-4’ on 6/19/18   ·   8 References:   

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 9/24/09  Kennedy-Wilson Holdings, Inc.     S-4¶                 121:12M                                    Merrill Corp/New/FA

Registration of Securities Issued in a Business-Combination Transaction   —   Form S-4
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-4         Registration of Securities Issued in a              HTML   3.64M 
                          Business-Combination Transaction                       
121: CORRESP   ¶ Comment-Response or Other Letter to the SEC         HTML      9K  
 8: EX-3.10     Articles of Incorporation/Organization or By-Laws   HTML     50K 
 9: EX-3.11     Articles of Incorporation/Organization or By-Laws   HTML     90K 
10: EX-3.12     Articles of Incorporation/Organization or By-Laws   HTML     70K 
 2: EX-3.4      Articles of Incorporation/Organization or By-Laws   HTML     65K 
 3: EX-3.5      Articles of Incorporation/Organization or By-Laws   HTML     38K 
 4: EX-3.6      Articles of Incorporation/Organization or By-Laws   HTML     37K 
 5: EX-3.7      Articles of Incorporation/Organization or By-Laws   HTML     34K 
 6: EX-3.8      Articles of Incorporation/Organization or By-Laws   HTML     34K 
 7: EX-3.9      Articles of Incorporation/Organization or By-Laws   HTML     35K 
11: EX-4.7      Instrument Defining the Rights of Security Holders  HTML     47K 
12: EX-8.1      Opinion re: Tax Matters                             HTML     34K 
13: EX-8.2      Opinion re: Tax Matters                             HTML     37K 
93: EX-10.100   Material Contract                                   HTML    142K 
94: EX-10.101   Material Contract                                   HTML    472K 
95: EX-10.102   Material Contract                                   HTML    101K 
96: EX-10.103   Material Contract                                   HTML    157K 
97: EX-10.104   Material Contract                                   HTML    148K 
98: EX-10.105   Material Contract                                   HTML     85K 
99: EX-10.106   Material Contract                                   HTML    140K 
100: EX-10.107   Material Contract                                   HTML     99K  
101: EX-10.108   Material Contract                                   HTML    105K  
102: EX-10.109   Material Contract                                   HTML     57K  
103: EX-10.110   Material Contract                                   HTML     84K  
104: EX-10.111   Material Contract                                   HTML    101K  
105: EX-10.112   Material Contract                                   HTML    141K  
106: EX-10.113   Material Contract                                   HTML    120K  
107: EX-10.114   Material Contract                                   HTML     92K  
108: EX-10.115   Material Contract                                   HTML    140K  
109: EX-10.116   Material Contract                                   HTML    103K  
110: EX-10.117   Material Contract                                   HTML    102K  
14: EX-10.20    Material Contract                                   HTML     73K 
15: EX-10.21    Material Contract                                   HTML     42K 
16: EX-10.22    Material Contract                                   HTML     62K 
17: EX-10.23    Material Contract                                   HTML     38K 
18: EX-10.25    Material Contract                                   HTML     52K 
19: EX-10.26    Material Contract                                   HTML     49K 
20: EX-10.27    Material Contract                                   HTML     54K 
21: EX-10.28    Material Contract                                   HTML    107K 
22: EX-10.29    Material Contract                                   HTML     79K 
23: EX-10.30    Material Contract                                   HTML     56K 
24: EX-10.31    Material Contract                                   HTML     33K 
25: EX-10.32    Material Contract                                   HTML     33K 
26: EX-10.33    Material Contract                                   HTML     35K 
27: EX-10.34    Material Contract                                   HTML     39K 
28: EX-10.35    Material Contract                                   HTML     32K 
29: EX-10.36    Material Contract                                   HTML     38K 
30: EX-10.37    Material Contract                                   HTML     35K 
31: EX-10.38    Material Contract                                   HTML     35K 
32: EX-10.39    Material Contract                                   HTML     54K 
33: EX-10.40    Material Contract                                   HTML     54K 
34: EX-10.41    Material Contract                                   HTML     52K 
35: EX-10.42    Material Contract                                   HTML     35K 
36: EX-10.43    Material Contract                                   HTML     38K 
37: EX-10.44    Material Contract                                   HTML     34K 
38: EX-10.45    Material Contract                                   HTML     53K 
39: EX-10.46    Material Contract                                   HTML     69K 
40: EX-10.47    Material Contract                                   HTML     83K 
41: EX-10.48    Material Contract                                   HTML     32K 
42: EX-10.49    Material Contract                                   HTML     63K 
43: EX-10.50    Material Contract                                   HTML     81K 
44: EX-10.51    Material Contract                                   HTML     75K 
45: EX-10.52    Material Contract                                   HTML     33K 
46: EX-10.53    Material Contract                                   HTML     34K 
47: EX-10.54    Material Contract                                   HTML     33K 
48: EX-10.55    Material Contract                                   HTML     34K 
49: EX-10.56    Material Contract                                   HTML     35K 
50: EX-10.57    Material Contract                                   HTML     33K 
51: EX-10.58    Material Contract                                   HTML     35K 
52: EX-10.59    Material Contract                                   HTML     35K 
53: EX-10.60    Material Contract                                   HTML     34K 
54: EX-10.61    Material Contract                                   HTML     34K 
55: EX-10.62    Material Contract                                   HTML     34K 
56: EX-10.63    Material Contract                                   HTML     34K 
57: EX-10.64    Material Contract                                   HTML     34K 
58: EX-10.65    Material Contract                                   HTML     34K 
59: EX-10.66    Material Contract                                   HTML     35K 
60: EX-10.67    Material Contract                                   HTML     34K 
61: EX-10.68    Material Contract                                   HTML     39K 
62: EX-10.69    Material Contract                                   HTML     76K 
63: EX-10.70    Material Contract                                   HTML     48K 
64: EX-10.71    Material Contract                                   HTML     34K 
65: EX-10.72    Material Contract                                   HTML     45K 
66: EX-10.73    Material Contract                                   HTML     35K 
67: EX-10.74    Material Contract                                   HTML     35K 
68: EX-10.75    Material Contract                                   HTML     35K 
69: EX-10.76    Material Contract                                   HTML     36K 
70: EX-10.77    Material Contract                                   HTML     35K 
71: EX-10.78    Material Contract                                   HTML     37K 
72: EX-10.79    Material Contract                                   HTML     36K 
73: EX-10.80    Material Contract                                   HTML     36K 
74: EX-10.81    Material Contract                                   HTML     36K 
75: EX-10.82    Material Contract                                   HTML     37K 
76: EX-10.83    Material Contract                                   HTML     36K 
77: EX-10.84    Material Contract                                   HTML     77K 
78: EX-10.85    Material Contract                                   HTML     33K 
79: EX-10.86    Material Contract                                   HTML     33K 
80: EX-10.87    Material Contract                                   HTML     34K 
81: EX-10.88    Material Contract                                   HTML     34K 
82: EX-10.89    Material Contract                                   HTML     30K 
83: EX-10.90    Material Contract                                   HTML    226K 
84: EX-10.91    Material Contract                                   HTML    386K 
85: EX-10.92    Material Contract                                   HTML    488K 
86: EX-10.93    Material Contract                                   HTML     61K 
87: EX-10.94    Material Contract                                   HTML    122K 
88: EX-10.95    Material Contract                                   HTML    320K 
89: EX-10.96    Material Contract                                   HTML     54K 
90: EX-10.97    Material Contract                                   HTML     50K 
91: EX-10.98    Material Contract                                   HTML    246K 
92: EX-10.99    Material Contract                                   HTML     55K 
111: EX-21.1     Subsidiaries                                        HTML     62K  
112: EX-23.1     Consent of Experts or Counsel                       HTML     28K  
113: EX-23.2     Consent of Experts or Counsel                       HTML     28K  
114: EX-99.3     Miscellaneous Exhibit                               HTML     27K  
115: EX-99.4     Miscellaneous Exhibit                               HTML     27K  
116: EX-99.5     Miscellaneous Exhibit                               HTML     27K  
117: EX-99.6     Miscellaneous Exhibit                               HTML     27K  
118: EX-99.7     Miscellaneous Exhibit                               HTML     27K  
119: EX-99.8     Miscellaneous Exhibit                               HTML     27K  
120: EX-99.9     Miscellaneous Exhibit                               HTML     27K  


‘EX-10.36’   —   Material Contract


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]




Exhibit 10.36

 

FIFTH AMENDMENT TO

 

EMPLOYMENT AGREEMENT

 

This Fifth Amendment to Employment Agreement (the “Fifth Amendment”) is made and entered into as of May 19, 1997, by and between KENNEDY-WILSON, INC., A Delaware corporation, with its principal office located in Santa Monica, California (the “Company”), and WILLIAM J. McMORROW, an individual (“Employee”).

 

RECITALS

 

WHEREAS, Company and Employee have entered into that certain Employment Agreement dated as of August 14, 1992, as amended January 1, 1993, January 1, 1994, March 31, 1995 and January 1, 1996, providing for the employment of Employee by Company pursuant to the terms of such Agreement; and

 

WHEREAS, Company and Employee have agreed that the terms of the Employment Agreement should be modified to change the Term of Employment, Bonus and Severance Agreement.

 

AMENDMENT TO AGREEMENT

 

NOW, THEREFORE, for good and valuable consideration the receipt and sufficiency of which are hereby acknowledged, the parties hereby amend the Agreement, effective as of May 19, 1997 as follows:

 

1. Section 2 of the Employment Agreement is deleted in its entirety and the following is inserted in lieu thereof:

 

2.                                        Term (a): Employee shall be employed by the Company pursuant to his Employment Agreement for a term beginning in August 14, 1992, and continuing through to and terminating at the close of business on December 31, 1999, (unless earlier terminated pursuant to Section 9 hereof).

 

(b): In the event the Employment Agreement is terminated due to change in control, or non renewal of the Agreement, except if change in control or non renewal is for cause (which shall mean only Employee’s violation of criminal law, material wrong act or omission, malfeasance or gross negligence which causes material damage to the business or reputation of the Companies), disability or death, the Employee shall in consideration of his execution of the General Release attached as Exhibit “A”, hereof, be entitled to payment from the Company equal to two (2) times the Employee’s annual compensation. The annual compensation would be the arithmetic average of the most recent three (3) year period and would include salary and bonus as reported in the Proxy Statement, (the “Severance Payment”). Such Severance Payment shall be paid to Employee ten (10) days following his execution and delivery to Company of such General Release, provided Employee has not revoked such General Release in the meanwhile.

 



 

2.                                          Section 4(ii) of the Employment Agreement is deleted in its entirety and the following is inserted in lieu thereof:

 

4(ii). An annual bonus payable in an amount as follows:

 

1998 Bonus     20% on profits of 3MM to 17.5MM (pretax, pre bonus)

1997 Bonus    20% on profits of 3MM to 12.5MtvI (pre tax, pre bonus)

1999 Bonus    20% on profits of 3MM to 22.5MM (pre tax, pre bonus)

 

3.                                          Subject to the foregoing, the Employment Agreement remains in full force and effect, and Company and Employee hereby ratify and affirm the Employment Agreement in each and every respect.

 

IN WITNESS WHEREOF, the undersigned have executed this Fifth Amendment as of the date first above written.

 

 

COMPANY

 

ATTEST:

KENNEDY-WILSON, Inc. a Delaware corporation

 

/s/ Kent Y. Mouton

/s/ James C. Ozello, Acting Secretary

 

Chairman, Compensation

Compensation Committee

 

Committee

 

 

 

EMPLOYEE

 

/s/ Freeman Lyle

/s/ William J. McMorrow, Chairman

 

Senior Managing Director, and Chief Financial Officer

 




Dates Referenced Herein

This ‘S-4’ Filing    Date    Other Filings
Filed on:9/24/09None on these Dates
12/31/99
5/19/97
1/1/96
3/31/95
1/1/94
1/1/93
8/14/92
 List all Filings 


8 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/31/23  Kennedy-Wilson Holdings, Inc.     10-K/A     12/31/22   17:1.2M
 2/23/23  Kennedy-Wilson Holdings, Inc.     424B3                  1:4.9M
 2/22/23  Kennedy-Wilson Holdings, Inc.     10-K       12/31/22  119:23M
 3/31/22  Kennedy-Wilson Holdings, Inc.     10-K/A     12/31/21   16:660K
 2/28/22  Kennedy-Wilson Holdings, Inc.     424B3                  1:4.4M
 2/25/22  Kennedy-Wilson Holdings, Inc.     10-K       12/31/21  118:23M
 3/01/21  Kennedy-Wilson Holdings, Inc.     424B3                  1:5.1M
 2/26/21  Kennedy-Wilson Holdings, Inc.     10-K       12/31/20  123:27M
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Filing Submission 0001047469-09-008529   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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