EX-10.1
StandardAero, Inc.
TRANSITION AGREEMENT
This Transition Agreement (“Agreement”), dated as of June 1, 2026 (the “Effective Date”), is made and entered into by and between Russell W. Ford (“Executive”) and StandardAero, Inc. (“Company”). Executive and Company are individually referred to herein each as a “Party,” and are collectively referred to herein as the “Parties.”
RECITALS
WHEREAS, Company has employed Executive as Chief Executive Officer;
WHEREAS, Executive has received certain equity-based awards which are set forth on Exhibit A hereto (the “Equity Award Table” and such awards, collectively, the “LTIP Awards”), which, in each case, were granted under, and subject to, the Dynasty Parent Holdings, L.P. and Dynasty Parent Co., Inc. 2019 Long-Term Incentive Plan or the StandardAero, Inc. 2024 Incentive Award Plan (as amended and/or restated, the “2024 Plan”) and an award agreement thereunder (together, the “Equity Agreements”);
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