Exhibit 10.1
March 19, 2026
Letter of Promotion
Mike:
In recognition of your contributions, leadership, and commitment to Pursuit I am pleased to offer you a promotion to SVP, General Counsel & Corporate Secretary, effective March 23, 2026.
This promotion reflects confidence in your ability to take on greater responsibilities and continue driving success.
Your updated compensation details are as follows:
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Position Start Date: Your position start date will be March 23, 2026.
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Appointment: We expect that your appointment as SVP, General Counsel & Corporate Secretary will be effective March 23, 2026.
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Base Salary: Your annual base salary will be $300,000 USD ($11,538.46, paid bi-weekly), subject to all applicable taxes and withholdings.
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Annual Incentive: You will continue to be eligible to participate in our annual Short-Term Incentive (STI) Plan with your target opportunity increasing to 45% of your annual salary, up to a maximum achievement factor of 175%. Short-Term Incentive payouts are subject to Pursuit’s achievement of year-end performance targets and approval by the Board of Directors or Human Resources Committee (“HRC”) thereof and your continued employment with Pursuit through the date of payment.
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Equity (Stock): Subject to the approval by the Board of Directors or the HRC, on or about April 1, 2026, you will receive additional equity grants for 2026 consisting of time-vesting Restricted Stock Units (“RSUs”) (50%) and performance-vesting Performance Stock Units (“PSUs”) (50%), in each case, under our 2017 Omnibus Incentive Plan (as amended, the “Omnibus Plan”), with an aggregate grant value of $90,000 USD. The RSU portion of your
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