Document:

Exhibit 10.1

 Exhibit 10.1 
 FIRST AMENDMENT TO THE 
 GENWORTH FINANCIAL, INC. 
 2004 OMNIBUS INCENTIVE PLAN 
 THIS
FIRST AMENDMENT (this “Amendment”) to the Genworth Financial, Inc. 2004 Omnibus Incentive Plan (the “Plan”) is made this 12th day of July 2007. 
 The Board of Directors of Genworth Financial, Inc. (the “Corporation”) has determined that it is in the best interests of the Corporation and its stockholders to amend the Plan to (i) clarify that
mandatory anti-dilution adjustments are required in the event of any future “equity restructuring” in order to limit potential compensation expense to the Corporation, and (ii) include special provisions intended to ensure compliance
with Internal Revenue Code Section 409A relating to deferred compensation. 
 1. The Plan is hereby amended by deleting Section 4.4
in its entirety and replacing it with the following: 
 4.4 Adjustments in Authorized Shares. In the event of any
nonreciprocal transaction between the Company and its stockholders that causes the per-share value of the Stock to change (including, without limitation, any stock dividend, stock split, spin-off, rights offering, or large nonrecurring cash
dividend), the Committee shall, in order to prevent dilution or enlargement of Participants’ rights under the Plan as well as dilution or enlargement of the benefits or potential benefits intended to be made available, substitute or adjust, as
applicable, the number and kind of Shares that may be issued under the Plan or under particular forms of Awards, the number and kind of Shares subject to outstanding Awards, the exercise price or base price applicable to outstanding Awards, the
Annual Award Limits, and other value determinations applicable to outstanding Awards. 
 In the event of any corporate event
or transaction involving the Company, such as a merger, consolidation, reorganization, recapitalization, separation, stock dividend, stock split, reverse stock split, split up, spin-off, or other distribution of stock or property of the Company,
combination of Shares, exchange of Shares, dividend in kind, or other like change in capital structure or distribution (other than normal cash dividends) to shareholders of the Company, or any similar corporate event or transaction, the Committee
may, in its sole discretion, make such other appropriate adjustments to the terms of any Awards under the Plan to reflect, or related to, such changes or distributions and to modify any other terms of outstanding Awards, including modifications of
performance goals and changes in the length of performance periods. The determination of the Committee as to the foregoing adjustments, if any, shall be conclusive and binding on Participants under the Plan. 
 Without affecting the number of Shares reserved or available hereunder, the Committee may authorize the issuance or assumption of benefits
under the Plan in connection with any merger, consolidation, acquisition of property or stock, or reorganization upon such terms and conditions as it may deem appropriate. 

 2. The Plan is hereby amended by deleting Section 15.7 in its entirety and replacing it with the
following: 
 15.7 Special Provisions Related to Section 409A of the Code. 
 (a) Notwithstanding anything in the Plan or in any Award Agreement to the contrary, to the extent that any amount or benefit that would
constitute non-exempt “deferred compensation” for purposes of Section 409A of the Code would otherwise be payable or distributable under the Plan or any Award Agreement by reason of the occurrence of a Change of Control, or the
Participant’s disability or separation from service, such amount or benefit will not be payable or distributable to the Participant by reason of such circumstance unless (i) the circumstances giving rise to such Change of Control,
disability or separation from service meet any description or definition of “change in control event”, “disability” or “separation from service”, as the case may be, in Section 409A of the Code and applicable
regulations (without giving effect to any elective provisions that may be available under such definition), or (ii) the payment or distribution of such amount or benefit would be exempt from the application of Section 409A of the Code by
reason of the short-term deferral exemption or otherwise. This provision does not prohibit the vesting of any Award. If this provision prevents the payment or distribution of any amount or benefit, such payment or distribution shall be made on the
next earliest payment or distribution date or event specified in the Award Agreement that is permissible under Section 409A. 
 (b) Notwithstanding anything in the Plan or in any Award Agreement to the contrary, if any amount or benefit that would constitute non-exempt “deferred compensation” for purposes of Section 409A of the Code would otherwise be
payable or distributable under this Plan or any Award Agreement by reason of a Participant’s separation from service during a period in which the Participant is a Specified Employee (as defined below), then, subject to any permissible
acceleration of payment by the Committee under Treas. Reg. Section 1.409A-3(j)(4)(ii) (domestic relations order), (j)(4)(iii) (conflicts of interest), or (j)(4)(vi) (payment of employment taxes): 
 (i) if the payment or distribution is payable in a lump sum, the Participant’s right to receive payment or distribution of such
non-exempt deferred compensation will be delayed until the earlier of the Participant’s death or the first day of the seventh month following the Participant’s separation from service; and 
 (ii) if the payment or distribution is payable over time, the amount of such non-exempt deferred compensation that would otherwise be
payable during the six-month period immediately following the Participant’s separation from service will be accumulated and the Participant’s right to receive payment or distribution of such accumulated amount will be delayed until the
earlier of the Participant’s death or the first day of the seventh month following the Participant’s separation from service, whereupon the accumulated amount will be paid or distributed to the Participant and the normal payment or
distribution schedule for any remaining payments or distributions will resume. 
  

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 For purposes of this Plan, the term “Specified Employee” has the meaning given
such term in Code Section 409A and the final regulations thereunder, provided, however, that, as permitted in such final regulations, the Company’s Specified Employees and its application of the six-month delay rule of Code
Section 409A(a)(2)(B)(i) shall be determined in accordance with rules adopted by the Board or any committee of the Board, which shall be applied consistently with respect to all nonqualified deferred compensation arrangements of the Company,
including this Plan. 
 (c) If any one or more Awards granted under the Plan to a Participant could qualify for any separation
pay exemption described in Treas. Reg. Section 1.409A-1(b)(9), but such Awards in the aggregate exceed the dollar limit permitted for the separation pay exemptions, the Company shall determine which Awards or portions thereof will be subject to
such exemptions. 
 (d) Eligible Participants who are service providers to an Affiliate may be granted Stock Options or Stock
Appreciation Rights under this Plan only if the Affiliate qualifies as an “eligible issuer of service recipient stock” within the meaning of §1.409A-1(b)(5)(iii)(E) of the final regulations under Code Section 409A.”

 Except as expressly amended hereby, the terms of the Plan shall be and remain unchanged and the Plan as amended hereby shall remain in
full force and effect. 
 IN WITNESS WHEREOF, the Corporation has caused this Amendment to be executed by its duly authorized representative
on the day and year first above written. 
  

			
	GENWORTH FINANCIAL, INC.
		
	By:	 	 /s/    Michael S. Laming

	Name:	 	 Michael S. Laming

	Title:	 	 SVP-Human Resources

  

 - 3 -Exhibit 10.2

 Exhibit 10.2 
 Form of RSU Award Agreement 
 2004 Genworth Financial, Inc. 
 Omnibus Incentive Plan 
 Restricted Stock Unit Award Agreement 

  

 Dear [RSU Grantee]: 
 Congratulations on your selection as a Participant in the 2004 Genworth Financial, Inc. Omnibus Incentive Plan (the “Plan”). This Award Agreement and the
Plan together govern your rights under this Award and set forth all of the conditions and limitations affecting such rights. Unless the context otherwise requires, capitalized terms used in this Award Agreement shall have the meanings ascribed to
them in the Plan. If there is any inconsistency between the terms of this Award Agreement and the terms of the Plan, the Plan’s terms shall supersede and replace the conflicting terms of this Award Agreement. 
  

	1.	Grant. You are hereby granted Restricted Stock Units (“RSUs”). Each RSU entitles you to receive from the Company one Share of the Company’s
Class A common stock which will vest (become non-forfeitable) as set forth in paragraph 2 and will convert to Shares of the Company’s Class A common stock as set forth in paragraph 3, all in accordance with the terms of this Award
Agreement, the Plan, and any rules and procedures adopted by the Committee. 

 a. Grant Date. [Grant Date].

 b. Number of RSUs. [Number of RSUs]. 
 c. Vesting Dates. Unless vesting is accelerated as provided in paragraph 2 herein or otherwise in the discretion of the Committee as permitted under the Plan, the RSUs shall vest (become
non-forfeitable) in accordance with the following schedule, provided that you have been continuously in the service of the Company or one of its Affiliates through such dates: [Vesting Dates]. 
  

	2.	Vesting of RSUs. The RSUs have been credited to a bookkeeping account on your behalf. The RSUs will vest and become non-forfeitable on the earliest to occur of the
following (the “Vesting Date”): 

 a. Designated Vesting Dates. The number of RSUs specified in
paragraph 1(c) of this Award Agreement will vest on the designated vesting dates provided in paragraph 1(c) provided that you have been continuously in the service of the Company or one of its Affiliates through such dates. Unvested RSUs shall be
immediately cancelled upon termination of your service with the Company and its Affiliates, except as provided in paragraphs 2(b), (c), (d), (e) and (g) below. 
 b. Employment Termination Due to Death. If your service with the Company and its Affiliates terminates as a result of your death, then all of your RSUs shall immediately vest. 
 c. Employment Termination for Retirement. If, on or after the first anniversary of the original grant date, your service with the Company
and its Affiliates terminates as a result of your voluntary resignation on or after you have attained age sixty (60) and accumulated five (5) or more years of combined and continuous service with the Company, then all of your RSUs shall
automatically vest. 

 d. Employment Termination for Total Disability. If, on or after the first
anniversary of the original grant date, your service with the Company and its Affiliates terminates as a result of your Disability then all of your RSUs shall automatically vest. For purposes of this Award Agreement, “Disability”
shall mean a permanent disability that would make you eligible for benefits under the long-term disability program maintained by the Company or any of its Affiliates (without regard to any time period during which the disabling condition must exist)
or in the absence of any such program, such meaning as the Committee shall determine. 
 e. Employment Termination for
Layoff. If, on or after the first anniversary of the original grant date, your service with the Company and its Affiliates terminates as a result of a Layoff, then your RSUs that are scheduled to vest on the next vesting date following such
termination shall immediately vest, and the remaining RSUs covered by this Award Agreement shall be immediately cancelled. For purposes of this Award Agreement, “Layoff” shall mean a job loss due to any reduction in the work force
of indefinite duration. 
 f. Change of Control if Awards are Not Assumed. Upon the occurrence of a Change of Control in which
the Successor Entity fails to Assume and Maintain this Award of RSUs, all such RSUs shall immediately vest as of the effective date of the Change of Control, provided that the circumstances giving rise to such Change of Control meet the definition
of a “change in control event” under Code Section 409A. 
 g. Employment Termination without Cause or for Good Reason
within 12 Months of a Change of Control. If a Change of Control occurs and the Successor Entity Assumes and Maintains this Award of RSUs, and if your service with the Company and its Affiliates is terminated by the Company or one of its
Affiliates without Cause (other than such termination resulting from your death or Disability) or by you for Good Reason within twelve (12) months following the effective date of the Change of Control, then all such RSUs shall immediately vest
as of the date of such termination of service. 
 If your employment terminates prior to the Vesting Date for any reason other than as
described in this paragraph 2 above, you shall forfeit all right, title and interest in and to the RSUs as of the date of such termination and the RSUs will be reconveyed to the Company without further consideration or any act or action by you. Any
RSUs that fail to vest in accordance with the terms of this Award Agreement will be forfeited and reconveyed to the Company without further consideration or any act or action by you. 
  

	3.	For purposes of this Award Agreement: 

  

	 	(i)	“Cause” shall mean (i) your willful and continued failure to substantially perform your duties with the Company and its Affiliates (other than any such failure
resulting from your Disability); (ii) your willful engagement in conduct (other than conduct covered under clause (i) above) which is injurious to the Company and/or its Affiliates, monetarily or otherwise; or (iii) your violation of
material Company or Affiliate policy, or your breach of noncompetition, confidentiality, or other restrictive covenant with respect to the Company or any of its Affiliates, that applies to you; provided, however, that for purposes of
clauses (i) and (ii) of this definition, no act, or failure to act, on your part shall be deemed “willful” unless done, or omitted to be done, by you not in good faith and without reasonable belief that the act, or failure to
act, was in the best interests of the Company and/or its Affiliates. 

  

	 	(ii)	“Good Reason” shall mean any reduction in the aggregate value of your compensation (including base salary and bonus), or a substantial reduction in the
aggregate value of benefits provided to you; provided, however, that Company-initiated across-the-board reductions in compensation or benefits affecting substantially all employees shall alone not be considered Good Reason.

  

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	4.	Conversion to Stock. Unless the RSUs are forfeited prior to the Vesting Date as provided in paragraph 2 above, the RSUs will be converted to Shares on the Vesting
Date, provided, however, that if the RSUs become vested upon your separation from service during a period in which you are a “specified employee” (as defined below), then, subject to any permissible acceleration of payment by the Company
under Treas. Reg. Section 1.409A-3(j)(4)(ii) (domestic relations order), (j)(4)(iii) (conflicts of interest), or (j)(4)(vi) (payment of employment taxes), your right to receive the Shares will be delayed until the earlier of your death or the
first day of the seventh month following your separation from service (the “Conversion Date”). Shares will be registered on the books of the Company in your name as of the Conversion Date and delivered to you as soon as practical
thereafter, in certificated or uncertificated form, as you shall direct. 

 For purposes of this Agreement, the term
“Specified Employee” has the meaning given such term in Internal Revenue Code Section 409A and the final regulations thereunder (“Final 409A Regulations”), provided, however, that, as permitted in the Final 409A Regulations,
the Company’s Specified Employees and its application of the six-month delay rule of Section 409A(a)(2)(B)(i) shall be determined in accordance with rules adopted by the Company’s Board of Directors or a committee thereof, which shall
be applied consistently with respect to all nonqualified deferred compensation arrangements of the Company, including this Agreement. 
  

	5.	Dividend Equivalents. Until such time as the RSUs convert to Shares, or the RSUs are cancelled, whichever occurs first, the Company will establish an amount to
be paid to the Participant (“Dividend Equivalent”) equal to the number of outstanding RSUs under this Award Agreement times the per share quarterly dividend payments made to shareholders of the Company’s Class A common
stock. The Company shall accumulate Dividend Equivalents and will, on the date that RSUs convert to Shares, pay to the Participant a cash amount equal to the Dividend Equivalents attributable to such RSUs. Notwithstanding the foregoing, any
accumulated and unpaid Dividend Equivalents attributable to RSUs that are cancelled will not be paid and are immediately forfeited upon cancellation of the RSUs. 

  

	6.	Nontransferability. The RSUs awarded pursuant to this Award Agreement may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated
(“Transfer”), other than by will or by the laws of descent and distribution, except as provided in the Plan. If any prohibited Transfer, whether voluntary or involuntary, of the RSUs is attempted to be made, or if any attachment,
execution, garnishment, or lien shall be attempted to be issued against or placed upon the RSUs, your right to such RSUs shall be immediately forfeited to the Company, and this Award Agreement shall be null and void. 

  

	7.	Requirements of Law. The granting of the RSUs and the issuance of Shares under the Plan shall be subject to all applicable laws, rules and regulations, and to
such approvals by any governmental agencies or national securities exchanges as may be required. The RSUs shall be null and void to the extent the grant, vesting or conversion of RSUs is prohibited under the laws of the country of your residence.

  

	8.	Administration. This Award Agreement and your rights hereunder are subject to all the terms and conditions of the Plan, as the same may be amended from time to time,
as well as to such rules and regulations as the Committee may adopt for administration of the Plan. It is expressly understood that the Committee is authorized to administer, construe, and make all determinations necessary or appropriate to the
administration of the Plan and this Award Agreement, all of which shall be binding upon you, the Participant. 

  

	9.	Continuation of Employment. This Award Agreement shall not confer upon you any right to continuation of employment by the Company or any of its Affiliates, nor shall
this Award Agreement interfere in any way with the Company’s or any of its Affiliate’s right to terminate your employment at any time. 

  

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	10.	Plan; Prospectus and Related Documents; Electronic Delivery. 

 a. A copy of the Plan will be furnished upon written or oral request made to the Human Resources Department, Genworth Financial, Inc., 6620 W. Broad Street, Richmond, VA 23230, or telephone (804) 281-6000.

 b. As required by applicable securities laws, the Company is delivering to you a prospectus in connection with this Award, which
delivery is being made electronically. You can access the prospectus on the Company’s intranet via the following web address: http://welcometo.genworth.net/PlanProspectus. A paper copy of the prospectus may also be obtained without
charge by contacting the Human Resources Department at the address or telephone number listed above. By accepting this Award Agreement, you shall be deemed to have consented to receive the prospectus electronically. 
 c. The Company will deliver to you electronically a copy of the Company’s Annual Report to Stockholders for each fiscal year, as well as
copies of all other reports, proxy statements and other communications distributed to the Company’s stockholders. You will be provided notice regarding the availability of each of these documents, and such documents may be accessed by going to
the Company’s website at www.genworth.com and clicking on “Investors” and then “SEC Filings & Financial Reports” (or, if the Company changes its web site, by accessing such other web site address(es)
containing investor information to which the Company may direct you in the future) and will be deemed delivered to you upon posting or filing by the Company. Upon written or oral request, paper copies of these documents (other than certain exhibits)
may also be obtained by contacting the Company’s Human Resources Department at the address or telephone number listed above or by contacting the Investor Relations Department, Genworth Financial, Inc., 6620 W. Broad Street, Richmond, VA 23230,
or telephone (804) 281-6000. 
 d. By accepting this Award, you agree and consent, to the fullest extent permitted by law, in lieu
of receiving documents in paper format to accept electronic delivery of any documents that the Company may be required to deliver in connection with this Award and any other Awards granted to you under the Plan. Electronic delivery of a document may
be via a Company e-mail or by reference to a location on a Company intranet or internet site to which you have access. 
  

	11.	Amendment, Modification, Suspension, and Termination. The Board of Directors shall have the right at any time in its sole discretion, subject to certain
restrictions, to alter, amend, modify, suspend, or terminate the Plan in whole or in part, and the Committee shall have the right at any time in its sole discretion to alter, amend, modify, suspend or terminate the terms and conditions of
any Award; provided, however, that no such action shall adversely affect in any material way your Award without your written consent. 

  

	12.	Applicable Law. The validity, construction, interpretation, and enforceability of this Award Agreement shall be determined and governed by the laws of the State of
Delaware without giving effect to the principles of conflicts of law. 

  

	13.	Entire Agreement. This Award Agreement, the Plan, and the rules and procedures adopted by the Committee contain all of the provisions applicable to the RSUs and no
other statements, documents or practices may modify, waive or alter such provisions unless expressly set forth in writing, signed by an authorized officer of the Company and delivered to you. 

  

	14.	Agreement to Participate. If you do not wish to participate in the Plan and be subject to the provisions of this Award Agreement, please contact the Human Resources
Department, Genworth Financial, Inc., 6620 W. Broad Street, Richmond, VA 23230, or at (804) 281-6000, within thirty (30) days of receipt of this Award Agreement. If you do not respond within thirty (30) days of receipt of this Award
Agreement, the Award Agreement is deemed accepted. If you choose to participate in the Plan, you agree to abide by all of the governing terms and provisions of the Plan and this Award Agreement. 

  

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 Additionally, by agreeing to participate, you acknowledge that you have reviewed the Plan and this Award
Agreement, and you fully understand all of your rights under the Plan and this Award Agreement, the Company’s remedies if you violate the terms of this Award Agreement, and all of the terms and conditions which may limit your eligibility to
retain and receive the Stock Options and/or Shares issued pursuant to the Plan and this Award Agreement. 
 Please refer any questions you may have regarding
your Restricted Stock Unit grant to your local Human Resources Manager. 
 This document constitutes part of a prospectus covering
securities that have been registered under the Securities Act of 1933. 
  

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