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Iqvia Holdings Inc. – ‘10-Q’ for 9/30/20 – ‘EX-10.1’

On:  Thursday, 10/22/20, at 4:05pm ET   ·   For:  9/30/20   ·   Accession #:  1478242-20-75   ·   File #:  1-35907

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

10/22/20  Iqvia Holdings Inc.               10-Q        9/30/20   81:9M

Quarterly Report   —   Form 10-Q
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    969K 
 2: EX-10.1     Material Contract                                   HTML     39K 
 3: EX-31.1     Certification -- §302 - SOA'02                      HTML     29K 
 4: EX-31.2     Certification -- §302 - SOA'02                      HTML     29K 
 5: EX-32.1     Certification -- §906 - SOA'02                      HTML     27K 
 6: EX-32.2     Certification -- §906 - SOA'02                      HTML     27K 
13: R1          Cover Page                                          HTML     80K 
14: R2          Condensed Consolidated Statements of Income         HTML     89K 
15: R3          Condensed Consolidated Statements of Comprehensive  HTML     51K 
                Income (Loss)                                                    
16: R4          Condensed Consolidated Statements of Comprehensive  HTML     31K 
                Income (Loss) (Parenthetical)                                    
17: R5          Condensed Consolidated Balance Sheets               HTML    116K 
18: R6          Condensed Consolidated Balance Sheets               HTML     34K 
                (Parenthetical)                                                  
19: R7          Condensed Consolidated Statements of Cash Flows     HTML    105K 
20: R8          Condensed Consolidated Statements of Stockholders'  HTML    107K 
                Equity                                                           
21: R9          Summary of Significant Accounting Policies          HTML     37K 
22: R10         Revenues by Geography, Concentration of Credit      HTML    105K 
                Risk and Remaining Performance Obligations                       
23: R11         Trade Accounts Receivable, Unbilled Services and    HTML     49K 
                Unearned Income                                                  
24: R12         Leases                                              HTML     88K 
25: R13         Goodwill                                            HTML     41K 
26: R14         Derivatives                                         HTML     72K 
27: R15         Fair Value Measurements                             HTML     77K 
28: R16         Credit Arrangements                                 HTML     81K 
29: R17         Stockholders' Equity                                HTML     27K 
30: R18         Restructuring                                       HTML     42K 
31: R19         Income Taxes                                        HTML     27K 
32: R20         Comprehensive Income (Loss)                         HTML     71K 
33: R21         Segments                                            HTML     93K 
34: R22         Earnings Per Share                                  HTML     39K 
35: R23         Summary of Significant Accounting Policies          HTML     38K 
                (Policies)                                                       
36: R24         Revenues by Geography, Concentration of Credit      HTML    104K 
                Risk and Remaining Performance Obligations                       
                (Tables)                                                         
37: R25         Trade Accounts Receivable, Unbilled Services and    HTML     51K 
                Unearned Income (Tables)                                         
38: R26         Leases (Tables)                                     HTML     92K 
39: R27         Goodwill (Tables)                                   HTML     42K 
40: R28         Derivatives (Tables)                                HTML     74K 
41: R29         Fair Value Measurements (Tables)                    HTML     75K 
42: R30         Credit Arrangements (Tables)                        HTML     82K 
43: R31         Restructuring (Tables)                              HTML     41K 
44: R32         Comprehensive Income (Loss) (Tables)                HTML     73K 
45: R33         Segments (Tables)                                   HTML     92K 
46: R34         Earnings Per Share (Tables)                         HTML     39K 
47: R35         Summary of Significant Accounting Policies -        HTML     28K 
                Additional Information (Detail)                                  
48: R36         Revenues by Geography, Concentration of Credit      HTML     52K 
                Risk and Remaining Performance Obligations -                     
                Summary of Revenues by Geographic Region and                     
                Reportable Segment (Detail)                                      
49: R37         Revenues by Geography, Concentration of Credit      HTML     28K 
                Risk and Remaining Performance Obligations -                     
                Additional Information (Detail)                                  
50: R38         Revenues by Geography, Concentration of Credit      HTML     29K 
                Risk and Remaining Performance Obligations -                     
                Future Obligation Terms (Detail)                                 
51: R39         Trade Accounts Receivable, Unbilled Services and    HTML     37K 
                Unearned Income - Trade Accounts Receivable and                  
                Unbilled Services (Detail)                                       
52: R40         Trade Accounts Receivable, Unbilled Services and    HTML     39K 
                Unearned Income - Schedule of Net Contract Assets                
                (Liabilities) (Detail)                                           
53: R41         Trade Accounts Receivable, Unbilled Services and    HTML     33K 
                Unearned Income - Additional Information (Detail)                
54: R42         Leases - Additional Information (Detail)            HTML     25K 
55: R43         Leases - Components of Lease Expense (Detail)       HTML     34K 
56: R44         Leases - Other Information Related to Leases        HTML     46K 
                (Detail)                                                         
57: R45         Leases - Future Minimum Lease Payments Under        HTML     72K 
                Non-cancellable Leases (Detail)                                  
58: R46         Goodwill - Summary of Goodwill by Reportable        HTML     39K 
                Segment (Detail)                                                 
59: R47         Derivatives - Summary of Fair Values of Derivative  HTML     45K 
                Instruments Designated as Hedges (Detail)                        
60: R48         Derivatives - Effect of Cash Flow Hedging           HTML     33K 
                Instruments on Other Comprehensive (Loss) Income                 
                (Detail)                                                         
61: R49         Derivatives - Additional Information (Detail)       HTML     25K 
62: R50         Fair Value Measurements - Additional Information    HTML     27K 
                (Detail)                                                         
63: R51         Fair Value Measurements - Fair Value of Financial   HTML     55K 
                Assets and Liabilities Measured on Recurring Basis               
                (Detail)                                                         
64: R52         Fair Value Measurements - Changes in Level 3        HTML     34K 
                Financial Assets and Liabilities Measured on                     
                Recurring Basis (Detail)                                         
65: R53         Fair Value Measurements - Key Assumptions           HTML     41K 
                (Details)                                                        
66: R54         Credit Arrangements - Summary of Credit Facilities  HTML     46K 
                (Detail)                                                         
67: R55         Credit Arrangements - Summary of Debt (Detail)      HTML     91K 
68: R56         Credit Arrangements - Contractual Maturities of     HTML     42K 
                Long-term Debt (Detail)                                          
69: R57         Credit Arrangements - Additional Information        HTML     76K 
                (Detail)                                                         
70: R58         Stockholders' Equity - Narratives (Detail)          HTML     49K 
71: R59         Restructuring - Summary of Amounts Recorded for     HTML     40K 
                Restructuring Plans (Detail)                                     
72: R60         Income Taxes - Narratives (Detail)                  HTML     36K 
73: R61         Comprehensive Income (Loss) - Summary of            HTML     52K 
                Components of AOCI (Detail)                                      
74: R62         Comprehensive Income (Loss) - Summary of            HTML     38K 
                Adjustments for (Gains) Losses Reclassified from                 
                AOCI into Condensed Consolidated Statements of                   
                Income and Affected Financial Statement Line Item                
                (Detail)                                                         
75: R63         Segments - Additional Information (Detail)          HTML     25K 
76: R64         Segments - Operations by Reportable Segments        HTML     59K 
                (Detail)                                                         
77: R65         Earnings Per Share - Summary of Weighted-Average    HTML     32K 
                Outstanding Stock-Based Awards Excluded from                     
                Computation of Diluted Earnings Per Share (Detail)               
79: XML         IDEA XML File -- Filing Summary                      XML    146K 
12: XML         XBRL Instance -- iqv-20200930_htm                    XML   2.57M 
78: EXCEL       IDEA Workbook of Financial Reports                  XLSX     86K 
 8: EX-101.CAL  XBRL Calculations -- iqv-20200930_cal                XML    248K 
 9: EX-101.DEF  XBRL Definitions -- iqv-20200930_def                 XML    539K 
10: EX-101.LAB  XBRL Labels -- iqv-20200930_lab                      XML   1.49M 
11: EX-101.PRE  XBRL Presentations -- iqv-20200930_pre               XML    864K 
 7: EX-101.SCH  XBRL Schema -- iqv-20200930                          XSD    158K 
80: JSON        XBRL Instance as JSON Data -- MetaLinks              325±   489K 
81: ZIP         XBRL Zipped Folder -- 0001478242-20-000075-xbrl      Zip    302K 


‘EX-10.1’   —   Material Contract


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Exhibit 10.1




logo21.gif
July 28, 2020


Dear Ron,

We want to welcome you to IQVIA™
On behalf of IQVIA, The Human Data Science Company™, we are pleased to extend an
offer of employment for you to join our global team.

IQVIA's talented professionals across the globe help clients create solutions that drive healthcare forward to advance clinical outcomes and commercial performance. Our employees are passionate about channeling their insights, commercial and scientific depth, and executional expertise to help improve health outcomes for patients around the globe.

This packet includes a summary page outlining the major components of your offer of employment. Recognizing that our people are our most important asset, we offer a comprehensive benefits package, which includes medical, dental and vision coverage, short-term and long-term disability, retirement plan, life insurance, tuition reimbursement, and more. Additional information is endorsed, and these benefits will be discussed in greater detail during your department orientation.

To accept this offer of employment, please complete and return the enclosed forms within five business days.

We look forward to receiving your written acceptance to join our team. We are really excited to welcome you to IQVIA. Whatever your career goals, we are here to ensure you get there!

Please join us to move healthcare forward. Together.


Kind regards,

Trudy Stein
EVP & CHRO





logo21.gif
Name: Ron Bruehlman
*Date of offer:July 28. 2020
*Your start date:August 1, 2020
*Position Title / Level:EVP, interim Chief Financial Officer
*Department:US20 Finance
*Location:WFH/Parsippany, NJ
*Manager / Title:Ari Bousbib
*FT / PT Status:Full Time
*Base Salary:$860,000 (annualized). Pay is semi-monthly
*
Annual Incentive Target: 100% of your annual base salary. Your manager will communicate performance parameters at a later date. Incentive payouts are not guaranteed and are prorated based on start date and time worked. Your start date must occur on or before September 30 to be eligible to participate in an incentive plan for the year.
*
Long-Term Incentive Award: As a part of your new hire offer, you have been nominated for a one­ time Restricted Stock ( Unit award (the “One-Time RSU”) with a nominal value of $2,700,000 to be effective August 3, 2020 (the “Grant Date”) subject to final approval by the Leadership Development and Compensation Committee (the “Committee”) of the Board of Directors of IQVIA Holdings Inc.
IQVIA will determine the number of One-Time RSUs by dividing the nominal value of $2,700,000 by the closing price of a share of IQVIA common stock as of the Grant Date. An RSU is the promise of a share of stock on a future date (the “Vesting Date”). It is “restricted” because until it vests, you cannot sell it and you have no voting rights. It is a “unit” because the share under1ying the unit isn't transferred to you until the Vesting Date. The One-Time RSUs will vest in equal installments on each of the first three anniversaries of the Grant Date. If you leave our employment for any reason, you will forfeit any One-Time RSUs that are unvested at that time.
One-Time RSUs approved by the Committee will be subject to the various terms and conditions of the IQVIA Holdings Inc. 2017 Incentive and Stock Award Plan (the “Plan”) and the grant agreement, including provisions regarding vesting and forfeiture.
Your One-Time RSU is contingent upon proper execution of a Confidentiality and Restrictive Covenant Agreement (CRCA) and Work Product Assignment Agreement (WPAA) relating to the protection of IQVIA intellectual property, including confidentiality, ownership, non-competition and non-solicitation. These documents will be provided to you separately.
*
Time off during calendar year of 2020
    Vacation Days:        Discretionary Time-off
    Company Holidays:    10 Days
This offer of employment with IQVIA™ is contingent upon (a) receipt of acceptable references and credential qualifications; (b) having no existing restrictions which would prohibit you from accepting this offer or, by working for IQVIA, would infringe the rights of others; (c) your signing and returning the attached Confidentiality & Policy Agreement as well as the Third Party Confidential Information Notice; and (d) receipt of proof of your eligibility to work in the United States as required by the Immigration




Reform and Control Act of 1986. You will need to bring certain documents on your first day of employment (by law, no later than three business days from your start date). Please refer to the enclosed list of acceptable documents for Employment Eligibility Verification.
This offer letter shall not be construed as constituting a contract for employment, or otherwise set forth a length of employment. You are an employee at-will, which means that either you or IQVIA may end the employment relationship without cause or notice.
Upon your start date, any agreement(s) between you and the company with regard to your current role as a senior advisor to the CEO will terminate and will no longer be in force.
I accept the terms of this offer as stated and will start on:
/s/ Ronald E. Bruehlman8/1/2020
Sign to AcceptState Date
Approved:
Name: Trudy Stein




Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:10/22/20
For Period end:9/30/20
8/3/204
8/1/203,  3/A
7/28/204,  8-K/A
 List all Filings 


4 Subsequent Filings that Reference this Filing

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

 2/15/24  IQVIA Holdings Inc.               10-K       12/31/23  163:19M
 2/15/23  IQVIA Holdings Inc.               10-K       12/31/22  153:19M
 2/16/22  IQVIA Holdings Inc.               10-K       12/31/21  152:19M
 2/12/21  IQVIA Holdings Inc.               10-K       12/31/20  159:21M
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Filing Submission 0001478242-20-000075   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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