MACDONALD, ACKNOWLEDGE THAT I HAVE
CAREFULLY READ THIS AGREEMENT AND UNDERSTAND ALL OF ITS TERMS INCLUDING THE FULL
AND FINAL RELEASE OF CLAIMS SET FORTH ABOVE.
I, BRIAN MACDONALD, FURTHER ACKNOWLEDGE THAT I HAVE VOLUNTARILY ENTERED INTO
THIS AGREEMENT; THAT I HAVE NOT RELIED UPON ANY REPRESENTATION OR STATEMENT
WRITTEN OR ORAL, NOT SET FORTH IN THIS AGREEMENT; THAT I HAVE BEEN GIVEN THE
OPPORTUNITY TO HAVE THIS AGREEMENT REVIEWED BY MY ATTORNEY AND THAT I HAVE BEEN
ENCOURAGED BY HERTZ TO DO SO.
I, BRIAN MACDONALD, ALSO ACKNOWLEDGE THAT (1) I HAVE BEEN AFFORDED 21 DAYS TO
CONSIDER THIS AGREEMENT, (2) I HAVE 7 DAYS AFTER SIGNING THIS AGREEMENT TO
REVOKE IT BY DELIVERING TO THOMAS J. SABATINO, JR., AS SET FORTH ABOVE, WRITTEN
NOTIFICATION OF MY REVOCATION, AND (3) IF I REVOKE THIS AGREEMENT (A) IT SHALL
BE NULL AND VOID AND NONE OF HERTZ OR ANY OF ITS AFFILIATES SHALL HAVE ANY
OBLIGATIONS TO ME UNDER THIS AGREEMENT AND (B) HERTZ SHALL HAVE NO OBLIGATIONS
TO ME OTHER THAN AS IF I HAD RESIGNED WITHOUT GOOD REASON FOR PURPOSES OF THE
EMPLOYMENT AGREEMENT OR OTHERWISE.
/s/ BRIAN MACDONALD
BRIAN MACDONALD
Date:
5-26-2015
10
THE HERTZ CORPORATION
HERTZ GLOBAL HOLDINGS, INC.
By:
/s/ THOMAS J. SABATINO, JR.
By:
/s/ THOMAS J. SABATINO, JR.
Name:
Thomas J. Sabatino, Jr.
Name:
Thomas J. Sabatino, Jr.
Title:
Senior Executive Vice President, Chief Administrative Officer and General
Counsel
Title:
Senior Executive Vice President, Chief Administrative Officer and General
Counsel
Date:
5-26-2015
Date:
5-26-2015
[Company's Signature Page to MacDonald Separation Agreement]