3 unchanged sentences
The outcome of these matters, individually and in the aggregate, is not expected to have a material impact on our cash flows, results of operations, or financial position.
+Added: On June 23, 2021, Embedded Reps of America, LLC (“ERA”), a former sales representative, and James Mazzola, a principal of ERA, filed for binding arbitration related to the termination of ERA’s sales representative agreement raising multiple claims that aggregate to approximately $9 million in direct damages, with treble damages requested on a number of those claims.
+Added: ERA was a sales representative of Themis when Themis was acquired by Mercury.
+Added: The sales representative agreement provided for termination by either party upon 30 days written notice with ERA entitled to commissions for orders obtained by ERA product shipment occurring prior to termination.
+Added: We responded to the complaint on July 28, 2021.
+Added: We believe the claims in the complaint are without merit and we intend to defend ourselves vigorously.
MINE SAFETY DISCLOSURES
2 unchanged sentences
Our executive officers are appointed to office by the Board of Directors at the first board meeting following the Annual Meeting of Shareholders or at other board meetings as appropriate, and hold office until the first board meeting following the next Annual Meeting of Shareholders and until a successor is chosen, subject to prior death, resignation or removal.
+Added: Perry was appointed as an executive officer as of August 3, 2021.
+Added: Thibaud, our Executive Vice President, Chief Operating Officer (COO), is retiring as COO effective as of August 26, 2021.
Information regarding our executive officers as of the date of filing of this Annual Report on Form 10-K is presented below.
10 unchanged sentences
Cambria was an Associate with Fried, Frank, Harris, Shriver & Jacobson and Cravath, Swaine & Moore.
+Added: Perry , age 54, joined Mercury in 2008 and has served as our Executive Vice President, President, Processing division since August 2021.
+Added: He served as Senior Vice President of our Processing division starting in July 2020.
+Added: Prior to that, he was President of our Mercury Defense Systems business unit starting in 2014 and Vice President and General Manager of our Services and Systems Integration group from 2011 to 2014.
+Added: Prior to joining Mercury, Mr.
+Added: Perry was the General Manager for Suntron Corporation’s Northeast Express and served in various roles with Lockheed Martin and General Electric Aircraft Engines.
Ruppert , age 47, joined Mercury in 2014 as Senior Vice President, Strategy and Corporate Development and in 2017 was named Executive Vice President, Strategy and Corporate Development.
8 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.