Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On August 11, 2021, Peabody Energy Australia Coal Pty Ltd, a wholly-owned
subsidiary of Peabody Energy Corporation (the "Company"), entered into an
Variation of Employment Contract (the "Amendment") to the Employment Agreement
dated October 22, 2020 (the "Employment Agreement"), with Darren R. Yeates, the
Company's Executive Vice President and Chief Operating Officer. The Employment
Agreement limited the Company's contribution to the Australia superannuation
fund to 10% of the statutory maximum covered base salary, currently AU$235,680
per year. The Company's standard practice is to contribute the superannuation
percentage on full base salary, including the amount above the statutory
maximum. The Amendment modifies the Employment Agreement to be consistent with
treatment for other of the Company's Australian employees effective as of
August 1, 2021. Pursuant to the Amendment, the Company's additional
superannuation contribution per year, using Mr. Yeates' current salary and the
Company's superannuation amounts, would be AU$74,570.
The foregoing description of the Amendment does not purport to be complete and
is subject to, and qualified in its entirety by, the full text of the Amendment,
a copy of which is attached as Exhibit 10.1 hereto and incorporated by
reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
No. Description
99.1 Variation of Employment Contract, dated August 11, 2021, between
Peabody Energy Australia Coal Pty Ltd and Darren R. Yeates.
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document).
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