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Contract Type
contract
Coconut CreekDescription
Willis Lease Finance Corporation has recently renewed the employment agreement with Charles F. Willis IV, extending for an initial term of five years with provisions for automatic annual renewals. The agreement includes an annual base salary of $1,269,000, retroactive to January 1, 2025, along with a significant restricted stock award valued at $8,000,000 and a non-qualified stock option for Mr. Willis to purchase up to 231,000 shares of common stock.
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