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The filing describes Item 5.02, detailing a new employment agreement entered by NCL (Bahamas) Ltd. with Frank J. Del Rio to replace prior arrangements. Key terms include extending his CEO and President term through December 31, 2023, setting base salary and annual bonus targets, outlining automobile and personal benefits, and specifying inducement awards and related vesting, cash payment, and repayment conditions upon certain termination or resignation scenarios.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":41,"@type":70,"position":76},"https://docshare.wps.com/template/letters/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/form-8-k-current-report-employment-agreement-summary/280546/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/form-8-k-current-report-employment-agreement-summary/280546.png","ImageObject",442,249,{"name":88,"@type":89},"Violet","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-28","2026-09-16",true,{"@type":98,"interactionType":99,"userInteractionCount":15},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What is the purpose of this Form 8-K filing dated October 1, 2020?","Question",{"text":108,"@type":109},"It reports the company’s entry into a new employment agreement under Item 5.02, including key compensatory terms for its President and Chief Executive Officer.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"Who is the new employment agreement with and what does it cover?",{"text":113,"@type":109},"The agreement is with Mr. Frank J. Del Rio, covering his continued leadership as President and Chief Executive Officer and summarizing major compensation and benefits terms.",{"name":115,"@type":106,"acceptedAnswer":116},"What is the employment term and how are key compensation elements structured?",{"text":117,"@type":109},"Mr. Del Rio’s term is extended through December 31, 2023. 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Employer Identification No.)  \n7665 Corporate Center Drive, Miami, Florida 33126  \n(Address of principal executive offices, and Zip Code)  \n(305) 436-4000  \nRegistrant’s telephone number, including area code  \n(Former name or former address, if changed since last report)  \nCheck the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):  \n☐ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)  \n☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240. 14a-12)  \n☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240. 14d-2(b))  \n☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240. 13e-4(c))  \nSecurities registered pursuant to Section 12(b) of the Act:  \n\n| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |\n| --- | --- | --- |\n| Ordinary shares, par value $ .001 per share | NCLH | The New York Stock Exchange |\n\nIndicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230 .405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240 . 12b-2 of this chapter) .  \nEmerging growth company ☐  \nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐  \nItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.  \nCompensatory Arrangements ofCertain Oficers.  \nOn October 1, 2020, NCL (Bahamas) Ltd. (“NCL”), a subsidiary ofNorwegian Cruise Line Holdings Ltd. (the “Company”), entered into a new employment agreement (the “New Employment Agreement”) with Mr. Frank J. Del Rio to supersede his existing employment agreement, originally dated June 5, 2014 and subsequently amended by letter agreements dated September 2, 2014, August 4, 2015 and August 1, 2017 and that certain Base Salary Reduction Agreement Letter (the “Base Salary Reduction Letter”) dated March 19, 2020 (collectively, the “Prior Employment Agreement”) . The Prior Employment Agreement was otherwise set to expire on December 31, 2020, and our entry into the New Employment Agreement provides for Mr. Del Rio ’s continued leadership as our President and Chief Executive Officer at a critical time for the Company.  \nThe key terms of the New Employment Agreement are summarized below.  \nContinuation ofEmployment. Mr. Del Rio ’s term of employment as the Company ’s President and Chief Executive Officer is extended to December 31, 2023.  \nBase Salary. Mr. Del Rio will receive an annual base salary of $ 1,800,000. Any reduction in base salary pursuant to the Base Salary Reduction Letter will continue to apply for so long as it applies to other executive officers of the Company.  \nAnnual Bonus. Beginning with the 2021 fiscal year, Mr. Del Rio will be eligible for an annual bonus subject to the achievement of performance objectives established by the Compensation Committee of the Company in good faith consultation with Mr. Del Rio. Mr. Del Rio ’s annual target bonus for each fiscal year during his term of employm","cbCaikZzO5OxmGnx","https://ap.wps.com/l/cbCaikZzO5OxmGnx","pdf",177058,34,"English","# Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers\n## New Employment Agreement entered October 1, 2020\n## Key terms: term extension, base salary, annual bonus\n## Inducement awards, RSUs, cash award, vesting and repayment conditions","[{\"question\":\"What is the purpose of this Form 8-K filing dated October 1, 2020?\",\"answer\":\"It reports the company’s entry into a new employment agreement under Item 5.02, including key compensatory terms for its President and Chief Executive Officer.\"},{\"question\":\"Who is the new employment agreement with and what does it cover?\",\"answer\":\"The agreement is with Mr. Frank J. Del Rio, covering his continued leadership as President and Chief Executive Officer and summarizing major compensation and benefits terms.\"},{\"question\":\"What is the employment term and how are key compensation elements structured?\",\"answer\":\"Mr. Del Rio’s term is extended through December 31, 2023. The agreement sets an annual base salary and provides an annual bonus tied to performance objectives, with RSU awards that include both performance-based and time-based vesting components.\"}]","FORM 8-K - Current Report - Employment Agreement Summary | PDF",1789550530]