Exhibit 10.2

 

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April 24, 2015

 

John Holmes

Address of record at Cowen

 

Dear John:

 

This letter amendment (this “Amendment”) sets forth the mutual agreement between
you and Cowen Group, Inc. (the “Company”) to amend your employment agreement,
dated August 2, 2012 (your “Employment Agreement”).   This Amendment becomes
effective when signed by you and the Company.

 

Specifically, your Employment Agreement is amended as follows:

 

·                                          In the first WHEREAS clause and
Section 1(z)(ii) of “Good Reason”, the title “Chief Administrative Officer” is
deleted and replaced with the title “Chief Operating Officer”.

 

·                                          Section 1(bb) is deleted.

 

·                                          Section 4(b) is deleted.

 

This Amendment does not amend any other terms of your Employment Agreement, all
of which remain in full force and effect.   You acknowledge that this Amendment
does not entitle you to terminate your employment for Good Reason under your
Employment Agreement.

 

 

Sincerely,

 

 

 

By:

 

 

 

/s/ Peter A. Cohen

 

Peter A. Cohen

 

CEO

 

 

AGREED AND ACCEPTED:

 

 

 

 

 

 

 

 

 

Signed:

/s/ John Holmes

 

April 24, 2015

 

 

John Holmes

 

Date

 

 

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