Attached files
| file | filename |
|---|---|
| EX-10.20 - EXHIBIT 10.20 - FLUOR CORP | ex1020q42019.htm |
| EX-95 - EXHIBIT 95 - FLUOR CORP | ex95q42019.htm |
| EX-32.2 - EXHIBIT 32.2 - FLUOR CORP | ex322q42019.htm |
| EX-32.1 - EXHIBIT 32.1 - FLUOR CORP | ex321q42019.htm |
| EX-31.2 - EXHIBIT 31.2 - FLUOR CORP | ex312q42019.htm |
| EX-31.1 - EXHIBIT 31.1 - FLUOR CORP | ex311q42019.htm |
| EX-23.1 - EXHIBIT 23.1 - FLUOR CORP | ex231q42019.htm |
| EX-21.1 - EXHIBIT 21.1 - FLUOR CORP | ex211q42019.htm |
| EX-10.21 - EXHIBIT 10.21 - FLUOR CORP | ex1021q42019.htm |
| EX-10.17 - EXHIBIT 10.17 - FLUOR CORP | ex1017q42019.htm |
| EX-4.7 - EXHIBIT 4.7 - FLUOR CORP | ex47q42019.htm |
| 10-K - 10-K - FLUOR CORP | flr10kq42019.htm |
Fluor Corporation
6700 Las Colinas Boulevard
Irving, Texas 75039
USA
469.398.7000 tel
469.398.7254 fax
November 14, 2019
Carlos M. Hernandez
6700 Las Colinas Blvd
Irving, Texas 75039
Dear Carlos,
It is my pleasure to inform you that the Board of Directors has approved a special retention award for you, which has been structured as follows:
Award Amount: $1,750,000 USD total cash award
Retention Period: November 14, 2019 through November 14, 2022
Retention Agreement: | The entire award (less applicable withholding) will be earned and payable if you remain continuously employed through November 14, 2022. |
You will earn your retention award (a) if you remain continuously employed by the Company as stated above or (b) if your employment terminates prior to the above date due to (i) death, (ii) permanent and total disability, (iii) a Company-initiated termination other than on a for-cause basis, or (iv) a Qualifying Termination (as such term is defined in that certain Change in Control Agreement between you and the Company dated June 30, 2010). In the event your employment terminates prior to the date above for any reason other than stated above (including, without limitation, your voluntary termination or a termination for cause), then the retention award will be forfeited.
It is intended that the provisions of this Agreement comply with Section 409A of the U.S. Internal Revenue Code and with the exclusion from Section 409A deferred compensation for so-called short-term deferrals, and all provisions of this Agreement shall be construed and interpreted in a manner consistent with the requirements for avoiding taxes and penalties under Section 409A.
Please indicate your acknowledgment of the terms of the letter by signing in the space provided and returning the letter to Executive Compensation for your employee records (email: executive.compensation@fluor.com). You should also retain a copy for your file.
Sincerely,
/s/ Alan L. Boeckmann |
Alan L. Boeckmann |
Executive Chairman |
Fluor Corporation |
Agreed:
/s/ Carlos M. Hernandez | 12/13/19 |
Carlos M. Hernandez | Date |
cc: Stacy Dillow, Karen Roberts
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