UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE
TO
TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
Global Business Travel Group, Inc.
(Name of Subject Company and Filing Person (Issuer))
Warrants to Acquire Shares of Class A
Common Stock
(Title of Class of Securities)
37890B118
(CUSIP Number of Class of Securities)
Eric J. Bock, Esq.
Chief Legal Officer
Global Business Travel Group, Inc.
666 3rd Avenue, 4th Floor
New York, NY 10017
Telephone: (212) 679-1600
(Name,
address and telephone numbers, of person authorized to receive notices and
communications on behalf of filing persons)
Copies of communications to:
Gregory A. Fernicola, Esq.
Peter D. Serating, Esq.
Skadden, Arps, Slate, Meagher & Flom LLP
One Manhattan West
New York, NY 10001-8602
Telephone: (212) 735-3000 |
¨ Check the box if the filing relates solely to
preliminary communications before the commencement of a tender offer.
Check the appropriate boxes below to designate
any transactions to which the statement relates:
¨ third-party tender offer subject to Rule 14d-1.
x issuer tender offer subject to Rule 13e-4.
¨ going-private transaction subject to Rule 13e-3.
¨ amendment to Schedule 13D under Rule 13d-2.
Check
the following box if the filing is a final amendment reporting the results of the tender offer: ¨
If applicable, check the appropriate box(es) below
to designate the appropriate rule provision(s) relied upon:
¨ Rule 13e-4(i) (Cross-Border Issuer
Tender Offer)
¨ Rule 14d-1(d) (Cross-Border Third-Party
Tender Offer)
This Tender Offer Statement
on Schedule TO (this “Schedule TO”) is filed by Global Business Travel Group, Inc., a Delaware corporation (the “Company,”
“us” or “we”). This Schedule TO relates to an offer by the Company to each holder of the Warrants (as defined
below) to receive 0.275 shares of the Company’s Class A Common Stock, par value $0.0001 per share (“Class A Common
Stock”) in exchange for every outstanding Warrant tendered by the holder and exchanged pursuant to the offer (the “Offer”).
The Offer is made upon and subject to the terms and conditions set forth in the Prospectus/Offer to Exchange, dated September 9,
2022 (the “Prospectus/Offer to Exchange”), a copy of which is attached hereto as Exhibit (a)(1)(A), and in the related
Letter of Transmittal and Consent, a copy of which is attached hereto as Exhibit (a)(1)(B).
Concurrently with the Offer,
we are also soliciting consents (the “Consent Solicitation”) from holders of the Warrants to amend the warrant agreement,
dated as of October 1, 2020 (the “Warrant Agreement”), by and between the Company (formerly named Apollo Strategic Growth
Capital (“APSG”)) and Continental Stock Transfer & Trust Company, as warrant agent, to permit the Company to require
that each Warrant that is outstanding upon the closing of the Offer be converted into 0.2475 shares of Class A common stock, which
is a ratio 10% less than the exchange ratio applicable to the Offer (the “Warrant Amendment”). Pursuant to the terms of the
Warrant Agreement, the vote or written consent of holders of at least 50% of the outstanding Public Warrants and 50% of the outstanding
Private Placement Warrants are required to approve the Warrant Amendment.
The information in the Prospectus/Offer
to Exchange and in the related Letter of Transmittal and Consent, including all schedules and exhibits thereto, is incorporated by reference
herein to answer the items required in this Schedule TO.
Item 1. Summary Term Sheet.
The information set forth
in the section of the Prospectus/Offer to Exchange entitled “Summary” is incorporated herein by reference.
Item 2. Subject Company Information.
(a) Name
and Address. The name of the issuer is Global Business Travel Group, Inc. The Company’s principal executive offices
are located at 666 3rd Avenue, 4th Floor, New York, NY 10017, and its telephone number at such offices is (212) 679-1600.
(b) Securities.
The subject securities are:
| · | the Warrants sold as part of the units in APSG’s initial public offering of APSG’s securities
that closed on October 6, 2020 (the “IPO”) (whether they were purchased in the IPO or thereafter in the open market)
(the “Public Warrants”); and |
| · | the Warrants sold as part of the units in a private placement that occurred simultaneously with the IPO
(the “Private Placement Warrants”). The Private Placement Warrants will not be redeemable by us so long as they are held by
APSG Sponsor, L.P. or its permitted transferees. Otherwise, the Private Placement Warrants have terms and provisions that are identical
to the Public Warrants. |
The
Public Warrants and the Private Placement Warrants are referred to herein collectively as the “Warrants.” Each Warrant entitles
the holder thereof to purchase one share of our Class A Common Stock at an exercise price of $11.50 per share, subject to adjustment
pursuant to the Warrant Agreement. The Warrants are listed on the New York Stock Exchange under the symbol “GBTG.WS” As of
September 8, 2022, 39,451,067 Warrants were outstanding, consisting of 27,226,933 Public Warrants and 12,224,134 Private Placement
Warrants.
(c) Trading
Market and Price. The information set forth in the section of the Prospectus/Offer to Exchange entitled “Market Information,
Dividends and Related Stockholder Matters” is incorporated herein by reference.
Item 3. Identity and Background of Filing Person.
(a) Name
and Address. The Company is the filing person and the issuer. The information set forth above under Item 2(a) is incorporated
herein by reference. The Company’s executive officers and directors as of September 8, 2022 are listed in the table below.
Name | |
Position |
Paul Abbott | |
Chief Executive Officer and Director |
Eric J. Bock | |
Chief Legal Officer, Global Head of M&A and Compliance & Corporate Secretary |
Andrew George Crawley | |
Chief Commercial Officer |
Martine Gerow | |
Chief Financial Officer |
Mark Hollyhead | |
Chief Product Officer & President, Egencia |
Patricia Anne Huska | |
Chief People Officer |
Evan Konwiser | |
Chief Marketing and Strategy Officer |
Michael Qualantone | |
Chief Revenue Officer |
Boriana Tchobanova | |
Chief Transformation Officer |
David Thompson | |
Chief Technology Officer |
James P. Bush | |
Director |
Gloria Guevara Manzo | |
Director |
Eric Hart | |
Director |
Raymond Donald Joabar | |
Director |
Michael Gregory (Greg) O’Hara | |
Director |
Richard Petrino | |
Director |
Mohammed Saif S. S. Al-Sowaidi | |
Director |
Itai Wallach | |
Director |
Susan Ward | |
Director |
Kathleen Winters | |
Director |
The information set forth
in the section of the Prospectus/Offer to Exchange entitled “The Offer and Consent Solicitation—Interests of Directors,
Executive Officers and Others” is incorporated herein by reference.
Item 4. Terms of the Transaction.
(a) Material
Terms. The information set forth in the sections of the Prospectus/Offer to Exchange entitled “Summary”
and “The Offer and Consent Solicitation” is incorporated herein by reference.
(b) Purchases.
The information set forth in the section of the Prospectus/Offer to Exchange entitled “The Offer and Consent Solicitation—Interests
of Directors, Executive Officers and Others” is incorporated herein by reference.
Item 5. Past Contracts, Transactions, Negotiations
and Agreements.
(a) Agreements
Involving the Subject Company’s Securities. The information set forth in the sections of the Prospectus/Offer to Exchange
entitled “The Offer and Consent Solicitation,” “Market Information, Dividends and Related Stockholder Matters—Transactions
and Agreements Concerning Our Securities,” “Description of Securities” and “Certain Relationships
and Related Party Transactions” is incorporated herein by reference.
Item 6. Purposes of the Transaction and Plans
or Proposals.
(a) Purposes.
The information set forth in the section of the Prospectus/Offer to Exchange entitled “The Offer and Consent Solicitation—Background
and Purpose of the Offer and Consent Solicitation” is incorporated herein by reference.
(b) Use
of Securities Acquired. The information set forth in the section of the Prospectus/Offer to Exchange entitled “The
Offer and Consent Solicitation—Background and Purpose of the Offer and Consent Solicitation” is incorporated herein by
reference.
(c) Plans.
From time to time, as part of the Company’s long-term corporate goal of enhancing stockholder value, it may explore potential
strategic transactions. The Company currently has no definitive plan or proposal to conduct any strategic transaction. The Company may
decide to engage in one or more such transactions in the future if, among other things, its Board of Directors determines that any such
transactions are in the best interest of the Company. There is no assurance that a strategic transaction or transactions will occur or
that liquidity or enhanced value will be realized by the Company or its stockholders from any such transaction.
Except as described above
and in the sections of the Prospectus/Offer to Exchange entitled “Risk Factors” and “The Offer and Consent
Solicitation,” which are incorporated by reference herein, neither the Company, nor any of its directors, executive officers,
or controlling persons, or any executive officers, directors, managers or partners of its controlling persons, has any plans, proposals
or negotiations that relate to or would result in: (1) any extraordinary transaction, such as a merger, reorganization or liquidation,
involving the Company or any of its subsidiaries; (2) any purchase, sale or transfer of a material amount of assets of the Company
or any of its subsidiaries; (3) any material change in the present dividend rate or policy, indebtedness or capitalization of the
Company; (4) any change in the present board of directors or management of the Company, including, but not limited to, any plans
or proposals to change the number or the term of directors or to fill any existing vacancies on the board or to change any material term
of the employment contract of any executive officer; (5) any other material change in the Company’s corporate structure or
business; (6) any class of equity securities of the Company to be delisted from The New York Stock Exchange; (7) any class of
equity securities of the Company becoming eligible for termination of registration under section 12(g)(4) of the Securities Exchange
Act of 1934, as amended (the “Exchange Act”); (8) the suspension of the Company’s obligation to file reports under
Section 15(d) of the Exchange Act; (9) the acquisition by any person of additional securities of the Company, or the disposition
of securities of the Company; or (10) any changes in the Company’s charter, bylaws or other governing instruments or other
actions that could impede the acquisition of control of the Company.
Item 7. Source and Amount of Funds or Other
Consideration.
(a) Source
of Funds. The information set forth in the section of the Prospectus/Offer to Exchange entitled “Market Information,
Dividends and Related Stockholder Matters—Source and Amount of Funds” is incorporated herein by reference.
(b) Conditions.
Not applicable.
(c) Borrowed
Funds. Not applicable.
Item 8. Interest in Securities of the Subject
Company.
(a) Securities
Ownership. The information set forth in the section of the Prospectus/Offer to Exchange entitled “The Offer and
Consent Solicitation—Interests of Directors, Executive Officers and Others” is incorporated herein by reference.
(b) Securities
Transactions. Except as set forth in the section of the Prospectus/Offer to Exchange entitled “Market Information, Dividends
and Related Stockholder Matters—Transactions and Agreements Concerning Our Securities,” which is incorporated by reference
herein, neither the Company, nor any of its directors, executive officers or controlling persons, or any executive officers, directors,
managers or partners of any of its controlling persons, has engaged in any transactions in the Warrants in the last 60 days.
Item 9. Persons/Assets, Retained, Employed,
Compensated or Used.
(a) Solicitations
or Recommendations. The information set forth in the section of the Prospectus/Offer to Exchange entitled “Market Information,
Dividends and Related Stockholder Matters—Fees and Expenses” is incorporated herein by reference. None of the Company,
its management, its board of directors, the dealer manager, the information agent or the exchange agent for the Offer is making any recommendation
as to whether holders of Warrants should tender Warrants for exchange in the Offer.
Item 10. Financial Statements.
(a) Financial
Information. The financial information of the Company included in the Prospectus/Offer to Exchange is incorporated by reference
herein. The full text of such financial statements and other financial information, as well as the other documents the Company has filed
with the Securities and Exchange Commission (the “SEC”) prior to, or will file with the SEC subsequent to, the filing of this
Schedule TO relating to the Offer are available for inspection and copying from the SEC’s website at www.sec.gov.
(b) Pro
Forma Information. The pro forma financial information set forth in the section of the Prospectus/Offer to Exchange entitled “Unaudited
Pro Forma Condensed Combined Financial Information” is incorporated herein by reference.
Item 11. Additional Information.
(a) Agreements,
Regulatory Requirements and Legal Proceedings.
(1) The
information set forth in the sections of the Prospectus/Offer to Exchange entitled “The Offer and Consent Solicitation—Agreements,
Regulatory Requirements and Legal Proceedings” and “Certain Relationships and Related Party Transactions”
is incorporated herein by reference.
(2) The
information set forth in the section of the Prospectus/Offer to Exchange entitled “The Offer and Consent Solicitation—Agreements,
Regulatory Requirements and Legal Proceedings” is incorporated herein by reference.
(3) Not
applicable.
(4) Not
applicable.
(5) None.
(b) Not
applicable.
Item 12. Exhibits.
Exhibit No. |
|
Description |
(a)(l)(A) |
|
Prospectus/Offer to Exchange (incorporated by reference to the Prospectus/Offer to Exchange that is included in the Registration Statement on Form S-4 filed by the Company with the SEC on September 9, 2022). |
(a)(1)(B) |
|
Form of Letter of Transmittal (incorporated by reference to Exhibit 99.1 to the Registration Statement on Form S-4 filed by the Company with the SEC on September 9, 2022). |
(a)(1)(C) |
|
Form of Notice of Guaranteed Delivery (incorporated by reference to Exhibit 99.2 to the Registration Statement on Form S-4 filed by the Company with the SEC on September 9, 2022). |
(a)(1)(D) |
|
Form of Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees (incorporated by reference to Exhibit 99.3 to the Registration Statement on Form S-4 filed by the Company with the SEC on September 9, 2022). |
(a)(1)(E) |
|
Form of Letter to Clients of Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees (incorporated by reference to Exhibit 99.4 to the Registration Statement on Form S-4 filed by the Company with the SEC on September 9, 2022). |
(a)(2) |
|
Not applicable. |
(a)(3) |
|
Not applicable. |
(a)(4) |
|
Prospectus/Offer to Exchange (incorporated by reference to Exhibit (a)(1)(A)). |
(a)(5) |
|
Press Release, dated September 9, 2022 (incorporated by reference to Exhibit 99.1 to the Current Report on Form 8-K filed by the Company on September 9, 2022). |
(b) |
|
Not applicable. |
(d)(i) |
|
Form of PubCo Subscribed Ordinary Shares Subscription Agreement (incorporated by reference to Exhibit 10.1 of the Company’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021). |
(d)(ii) |
|
Form of PubCo Class B Common Stock Subscription Agreement (incorporated by reference to Exhibit 10.2 of the Company’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021). |
(d)(iii) |
|
Form of PubCo Class B Common Stock Distribution Agreement, by and among GBT JerseyCo Limited, American Express Travel Holdings Netherlands Coöperatief U.A., Juweel Investors (SPC) Limited and EG Corporate Travel Holdings LLC (incorporated by reference to Exhibit 10.11 of the Company’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021). |
(d)(iv) |
|
Form of Amended & Restated Registration Rights Agreement entered into by and among Global Business Travel Group, Inc., APSG Sponsor, L.P. and the other parties thereto (incorporated by reference to Exhibit 10.10 of the Company’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021). |
Exhibit No. |
|
Description |
(d)(v) |
|
Form of Exchange Agreement, by and among Global Business Travel Group, Inc., GBT JerseyCo Limited and equityholders of GBT JerseyCo Limited (incorporated by reference to Exhibit 10.7 of the Company’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021). |
(d)(vi) |
|
Form of Shareholders Agreement by and among by and among Global Business Travel Group, Inc., GBT JerseyCo Limited, American Express Travel Holdings Netherlands Coöperatief U.A., Juweel Investors (SPC) Limited and EG Corporate Travel Holdings LLC (incorporated by reference to Exhibit 10.4 of the Company’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021). |
(d)(vii) |
|
Credit Agreement, dated as of August 13, 2018, by and among GBT Group Services B.V., as borrower, GBT III B.V., as a loan party, Morgan Stanley Senior Funding, Inc., as administrative agent and as collateral agent, and the lenders and L/C issuers from time to time party thereto (incorporated by reference to Exhibit 10.12 of the Company’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021). |
(d)(viii) |
|
Amendment, Consent and Waiver Agreement, dated as of December 5, 2019, among GBT Group Services B.V., as borrower, its affiliates party thereto as guarantors, Morgan Stanley Senior Funding, Inc., as administrative agent and as collateral agent, and the lenders party thereto (incorporated by reference to Exhibit 10.13 of the Company’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021). |
(d)(ix) |
|
Joinder Agreement, dated as of December 9, 2019, among GBT Group Services B.V., as borrower, GBT III B.V., as a loan party, GBT UK TopCo Limited, as the joining loan party, and Morgan Stanley Senior Funding, Inc., as administrative agent and as collateral agent (incorporated by reference to Exhibit 10.14 of the Company’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021). |
(d)(x) |
|
Incremental Agreement and Reaffirmation, dated as of September 4, 2020, among GBT Group Services B.V., as borrower, its affiliates party thereto as guarantors, Morgan Stanley Senior Funding, Inc., as administrative agent and as collateral agent, and the lenders party thereto (incorporated by reference to Exhibit 10.15 of the Company’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021). |
(d)(xi) |
|
Amendment Agreement, dated as of September 4, 2020, among GBT Group Services B.V., as borrower, its affiliates party thereto as guarantors, Morgan Stanley Senior Funding, Inc., as administrative agent and as collateral agent, and the lenders party thereto (incorporated by reference to Exhibit 10.16 of the Company’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021). |
(d)(xii) |
|
Amendment, Incremental Agreement and Reaffirmation, dated as of January 20, 2021, among GBT Group Services B.V., as borrower, its affiliates party thereto as guarantors, Morgan Stanley Senior Funding, Inc., as administrative agent and as collateral agent, and the lenders party thereto (incorporated by reference to Exhibit 10.17 of the Company’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021). |
(d)(xiii) |
|
Refinancing Amendment No. 1, dated as of December 2, 2021, among GBT Group Services B.V., as borrower, its affiliates party thereto as guarantors, Morgan Stanley Senior Funding, Inc., as administrative agent and as collateral agent, and the lenders party thereto (incorporated by reference to Exhibit 10.18 of the Company’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021). |
(d)(xiv) |
|
Amendment, Incremental Agreement and Reaffirmation, dated as of December 2, 2021, among GBT Group Services B.V., as borrower, its affiliates party thereto as guarantors, Morgan Stanley Senior Funding, Inc., as administrative agent and as collateral agent, and the lenders party thereto (incorporated by reference to Exhibit 10.19 of the Company’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021). |
(d)(xv) |
|
Sponsor Side Letter Amendment, dated May 27, 2022, by and among the Sponsor, the Insiders, APSG and Legacy GBT (incorporated by reference to Exhibit 10.7 of the Company’s Current Report on Form 8-K, filed with the SEC on June 3, 2022). |
(d)(xvi) |
|
Global Business Travel Group, Inc. 2022 Equity Incentive Plan (incorporated by reference to Exhibit 10.8 of the Company’s Current Report on Form 8-K, filed with the SEC on June 3, 2022). |
(d)(xvii) |
|
Global Business Travel Group, Inc. Employee Stock Purchase Plan (incorporated by reference to Exhibit 10.9 of the Company’s Current Report on Form 8-K, filed with the SEC on June 3, 2022). |
Exhibit No. |
|
Description |
(d)(xviii) |
|
Global Business Travel Group, Inc. Management Incentive Plan, amended and restated as of May 27, 2022 (incorporated by reference to Exhibit 10.16 of the Company’s Current Report on Form 8-K, filed with the SEC on June 3, 2022). |
(d)(xiv) |
|
Global Business Travel Group, Inc. Annual Incentive Award Plan (incorporated by reference to Exhibit 10.1 of the Company’s Current Report on Form 8-K, filed with the SEC on June 21, 2022). |
(d)(xv) |
|
Form of Amended and Restated Trademark License Agreement, dated May 27, 2022, by and between American Express Travel Related Services Company, Inc. and GBT Travel Services UK Limited and, solely for the purposes of specified sections therein, GBT JerseyCo Limited, GBT US LLC, GBT III B.V. and Global Business Travel Group, Inc. (incorporated by reference to Exhibit 10.26 of the Company’s Registration Statement on Form S-4/A (Reg. No. 333-261820) filed with the SEC on March 22, 2022). |
(d)(xvi) |
|
Form of Consumer Services Operating Agreement, dated as of June 30, 2014, by and between American Express Travel Related Services Company, Inc. and GBT Travel Services UK Limited (as assignee of GBT III B.V.), as amended (incorporated by reference to Exhibit 10.27 of the Company’s Registration Statement on Form S-4/A (Reg. No. 333-261820) filed with the SEC on March 22, 2022). |
(d)(xvii) |
|
Form of First Amendment to Consumer Services Operating Agreement, dated as of December 31, 2015, by and between American Express Travel Related Services Company, Inc. and GBT III B.V. (incorporated by reference to Exhibit 10.27.1 of the Company’s Registration Statement on Form S-4/A (Reg. No. 333-261820) filed with the SEC on March 22, 2022). |
(d)(xviii) |
|
Form of Second Amendment to Consumer Services Operating Agreement, dated as of July 24, 2017, by and between American Express Travel Related Services Company, Inc. and GBT III B.V. (incorporated by reference to Exhibit 10.27.2 of the Company’s Registration Statement on Form S-4/A (Reg. No. 333-261820) filed with the SEC on March 22, 2022). |
(d)(xix) |
|
Form of Third Amendment to Consumer Services Operating Agreement, dated as of November 19, 2019, by and between American Express Travel Related Services Company, Inc. and GBT III B.V. (incorporated by reference to Exhibit 10.27.3 of the Company’s Registration Statement on Form S-4/A (Reg. No. 333-261820) filed with the SEC on March 22, 2022). |
(d)(xx) |
|
Form of Fourth Amendment to Consumer Services Operating Agreement, by and between American Express Travel Related Services Company, BT Inc. and G Travel Services UK Limited (as assignee of GBT III B.V.) (incorporated by reference to Exhibit 10.27.4 of the Company’s Registration Statement on Form S-4/A (Reg. No. 333-261820) filed with the SEC on March 22, 2022). |
(d)(xxi) |
|
Form of Global Corporate Payments Operating Agreement, dated as of June 30, 2014, by and between American Express Travel Related Services Company, Inc., and GBT III B.V. (incorporated by reference to Exhibit 10.28 of the Company’s Registration Statement on Form S-4/A (Reg. No. 333-261820) filed with the SEC on March 22, 2022). |
(d)(xxii) |
|
Form of First Amendment to Global Commercial Services Operating Agreement, by and between American Express Travel Related Services Company, Inc., GBT III B.V. and GBT Travel Services UK Limited (incorporated by reference to Exhibit 10.28.1 of the Company’s Registration Statement on Form S-4/A (Reg. No. 333-261820) filed with the SEC on March 22, 2022). |
(d)(xxiii) |
|
Form of Travel & Lifestyle Services Operating Agreement, dated as of June 30, 2014, by and between American Express Travel Related Services Company, Inc. and GBT Travel Services UK Limited (as assignee of GBT III B.V.), as amended (incorporated by reference to Exhibit 10.29 of the Company’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021). |
(d)(xxiv) |
|
Form of First Amendment to the Travel & Lifestyle Services Operating Agreement, dated as of January 1, 2015, by and between American Express Travel Related Services Company, Inc. and GBT III B.V. (incorporated by reference to Exhibit 10.29.1 of the Company’s Registration Statement on Form S-4/A (Reg. No. 333-261820) filed with the SEC on March 22, 2022). |
(d)(xxv) |
|
Form of Second Amendment to the Travel & Lifestyle Services Operating Agreement, dated as of December 31, 2018, by and between American Express Travel Related Services Company, Inc. and GBT III B.V. (incorporated by reference to Exhibit 10.29.2 of the Company’s Registration Statement on Form S-4/A (Reg. No. 333-261820) filed with the SEC on March 22, 2022). |
(d)(xxvi) |
|
Form of Third Amendment to the Travel & Lifestyle Services Operating Agreement, dated as of March 29, 2019, by and between American Express Travel Related Services Company, Inc. and GBT III B.V. (incorporated by reference to Exhibit 10.29.3 of the Company’s Registration Statement on Form S-4/A (Reg. No. 333-261820) filed with the SEC on March 22, 2022). |
Exhibit No. |
|
Description |
(d)(xxvii) |
|
Form of
Fourth Amendment to the Travel & Lifestyle Services Operating Agreement, dated as of April 29, 2019, by and between
American Express Travel Related Services Company, Inc. and GBT III B.V. (incorporated by reference to Exhibit 10.29.4 of
the Company’s Registration Statement on Form S-4/A (Reg. No. 333-261820) filed with the SEC on March 22, 2022). |
(d)(xxviii) |
|
Form of
Fifth Amendment to the Travel & Lifestyle Services Operating Agreement, dated as of January 1, 2020, by and between
American Express Travel Related Services Company, Inc. and GBT III B.V. (incorporated by reference to Exhibit 10.29.5 of
the Company’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021). |
(d)(xxix) |
|
Form of
Sixth Amendment to the Travel & Lifestyle Services Operating Agreement, dated as of March 21, 2020, by and between
American Express Travel Related Services Company, Inc. and GBT III B.V. (incorporated by reference to Exhibit 10.29.6 of
the Company’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021). |
(d)(xxx) |
|
Form of
Seventh Amendment to Travel & Lifestyle Services Operating Agreement, dated as of May 27, 2022, by and between American
Express Travel Related Services Company, Inc. and GBT Travel Services UK Limited (as assignee of GBT III B.V.) (incorporated
by reference to Exhibit 10.29.7 of the Company’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed
with the SEC on December 21, 2021). |
(d)(xxxi) |
|
Employment
Agreement, dated April 1, 2019, by and between GBT US LLC and Michael Qualantone (incorporated by reference to Exhibit 10.20
of APSG’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on March 22, 2022). |
(d)(xxxii) |
|
Employment
Contract, dated November 26, 2019, by and between GBT Travel Services UK Limited and Andrew Crawley (incorporated by reference
to Exhibit 10.21 of APSG’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21,
2021). |
(d)(xxxiii) |
|
Service
Agreement, dated June 5, 2020, by and between GBT Travel Services UK Limited and Paul Abbott (incorporated by reference to Exhibit 10.22
of APSG’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on December 21, 2021). |
(d)(xxxiv) |
|
Supplemental
Severance Agreement, dated November 2, 2021, by and between GBT US LLC and Michael Qualantone (incorporated by reference to
Exhibit 10.23 of APSG’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the SEC on March 22,
2022) |
(d)(xxxv) |
|
Supplemental
Severance Agreement, dated December 2, 2021, by and between GBT Travel Services UK Limited and Andrew Crawley (incorporated
by reference to Exhibit 10.24 of APSG’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with
the SEC on December 21, 2021). |
(d)(xxxvi) |
|
Supplemental
Severance Agreement, dated December 7, 2021, by and between GBT Travel Services UK Limited and Paul Abbott (incorporated by
reference to Exhibit 10.25 of APSG’s Registration Statement on Form S-4 (Reg. No. 333-261820), filed with the
SEC on December 21, 2021). |
(d)(xxxvii) |
|
Form of
Time Based Option Award Agreement under the Global Business Travel Group, Inc., Management Incentive Plan (incorporated by reference
to Exhibit 10.17 of the Company’s Current Report on Form 8-K, filed with the SEC on June 3, 2022). |
(d)(xxxviii) |
|
Form of
Time-Based Option Grant Agreement (United Kingdom) under the GBT JerseyCo Limited Amended and Restated Management Incentive Plan
(incorporated by reference to Exhibit 10.34 of APSG’s Registration Statement on Form S-4/A (Reg. No. 333-261820)
filed with the SEC on March 22, 2022). |
(d)(xxxix) |
|
Form of
Time-Based Option Grant Agreement (United States) under the GBT JerseyCo Limited Amended and Restated Management Incentive Plan (incorporated
by reference to Exhibit 10.35 of APSG’s Registration Statement on Form S-4/A (Reg. No. 333-261820) filed with
the SEC on March 22, 2022). |
(d)(xl) |
|
Form of
Time-Based Option Grant Agreement under the GBT JerseyCo Limited Management Incentive Plan (incorporated by reference to Exhibit 10.36
of APSG’s Registration Statement on Form S-4/A (Reg. No. 333-261820) filed with the SEC on March 22, 2022). |
Exhibit No. |
|
Description |
(d)(xli) |
|
Form of
Time-Based Restricted Stock Unit Award Agreement (Executive Leadership Team) under the Global Business Travel Group, Inc. 2022
Equity Incentive Plan (incorporated by reference to Exhibit 10.9 of the Company’s Quarterly Report on Form 10-Q,
filed with the SEC on August 11, 2022). |
(d)(xlii) |
|
GBT
JerseyCo Limited 2021 Executive Long-Term Cash Incentive Award Plan, effective as of November 5, 2021 (incorporated by reference
to Exhibit 10.37 of APSG’s Registration Statement on Form S-4/A (Reg. No. 333-261820) filed with the SEC on
March 22, 2022). |
(d)(xliii) |
|
Form of
Award Agreement (United Kingdom) under the GBT JerseyCo Limited 2021 Executive Long-Term Cash Incentive Award Plan (incorporated
by reference to Exhibit 10.38 of APSG’s Registration Statement on Form S-4/A (Reg. No. 333-261820) filed with
the SEC on March 22, 2022). |
(d)(xliv) |
|
Form of
Award Agreement (United States) under the GBT JerseyCo Limited 2021 Executive Long-Term Cash Incentive Award Plan (incorporated by
reference to Exhibit 10.39 of APSG’s Registration Statement on Form S-4/A (Reg. No. 333-261820) filed with the
SEC on March 22, 2022). |
(d)(xlv) |
|
GBT
JerseyCo Limited 2020 Executive Long-Term Cash Incentive Award Plan, effective as of November 5, 2020 (incorporated by reference
to Exhibit 10.40 of APSG’s Registration Statement on Form S-4/A (Reg. No. 333-261820) filed with the SEC on
March 22, 2022). |
(d)(xlvi) |
|
Form of
Award Agreement (United Kingdom) under the GBT JerseyCo Limited 2020 Executive Long-Term Cash Incentive Award Plan (incorporated
by reference to Exhibit 10.41 of APSG’s Registration Statement on Form S-4/A (Reg. No. 333-261820) filed with
the SEC on March 22, 2022). |
(d)(xlvii) |
|
Form of
Award Agreement (United States) under the GBT JerseyCo Limited 2020 Executive Long-Term Cash Incentive Award Plan (incorporated by
reference to Exhibit 10.42 of APSG’s Registration Statement on Form S-4/A (Reg. No. 333-261820) filed with the
SEC on March 22, 2022). |
(d)(xlviii) |
|
Form of
Dealer Manager Agreement (incorporated by reference to exhibit 10.32 to the Registration Statement on Form S-4 filed by the
Company with the SEC on September 9, 2022). |
(d)(xlix) |
|
Tender
and Support Agreement, dated as of September 8, 2022, by and between the Company and Supporting Stockholders (incorporated by
reference to exhibit 10.33 to the Registration Statement on Form S-4 filed by the Company with the SEC on September 9,
2022). |
(g) |
|
Not applicable. |
(h) |
|
Tax Opinion
of Skadden, Arps, Slate, Meagher & Flom LLP (incorporated by reference to Exhibit 8.1 to the Registration Statement
on Form S-4 filed by the Company with the SEC on September 9, 2022). |
Filing Fee Table.
Item 13. Information Required By Schedule 13E-3.
Not applicable.
SIGNATURES
After due inquiry and to
the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
|
GLOBAL BUSINESS TRAVEL GROUP, INC. |
|
|
|
By: |
/s/ Eric J. Bock |
|
|
Eric J. Bock
Chief Legal Officer, Global Head of M&A and Compliance and Corporate Secretary |
Dated: September 9, 2022