Originally Posted by
BeatNavy
I dont see what is stopping Ted and the SAVE BoD from giving an LOA outside of section 6 to match b6 payrates, or just saying “here’s a 3 year contract extension with a B6 payrate snap up clause” and calling negotiations a day. Not like he cares what happens at this point. And I doubt that’s against the covenants of the merger agreement.
He likely gets a bonus depending on how the company performs in the interim.