Document:

<PAGE>

                                                                   Exhibit 10.02

                                                                  EXECUTION COPY

                               JOHN PIERS MARMION
                       SEPARATION AND SETTLEMENT AGREEMENT
                               AND GENERAL RELEASE

     This Separation and Settlement Agreement and General Release (this
"Agreement") is made as of the 12th day of June 2003 (the "Effective Date"), by
and between John Piers Marmion (the "Employee") and Heidrick & Struggles
International, Inc., a Delaware corporation (the "Company") concerning the
Employee's termination of employment with the Company.

     WHEREAS, the Company and the Employee entered into that certain Employment
Agreement dated as of January 1, 2002, (the "Employment Agreement");

     WHEREAS, on April 7, 2002, the Employee tendered his resignation as Chief
Executive Officer of the Company, which the Company accepted;

     WHEREAS, the Employee's employment with the Company will terminate
effective as of June 30, 2003 pursuant to the terms set forth in this Agreement
(the "Termination Date"); and

     WHEREAS, the Company and the Employee intend that this Agreement shall be
in complete settlement of all rights of both the Employee and the Company under
the Employment Agreement or otherwise relating to his employment by the Company.

     NOW THEREFORE, in consideration of the mutual promises and agreements set
forth below, the Company and the Employee agree as follows:

     1.   Termination. The Employee's employment with the Company will terminate
by mutual consent effective as of the close of business on the Termination Date
and the Employee will continue to be paid his current salary (at an annual rate
of $650,000.00 per year), expense reimbursements and employee benefits through
the Termination Date.

     2.   Resignation. The Employee hereby resigns as an officer of the Company
and all of its affiliates as of the Effective Date and hereby resigns from
employment and all other positions with the Company and all of its affiliates
effective as of the close of business on the Termination Date. Employee agrees
to execute a letter of resignation, effective as of the Termination Date, in the
form attached hereto as Exhibit A, and shall execute any additional resignation
letters as may be reasonably requested by the Company.

     3.   2003 Bonus. The Employee shall receive a pro rata 2003 Bonus payment
("2003 Bonus") from the Company in the gross amount of THREE HUNDRED TWENTY-FIVE
THOUSAND DOLLARS ($325,000.00) to be paid on the first business day following
the date on which this agreement becomes final and binding pursuant to paragraph
13 below (the "Initial Payment Date").

                                      -1-

<PAGE>

     4.   Other Payments.

          (a)  Employee shall receive a series of severance payments from the
     Company in the aggregate gross amount of ONE MILLION THREE HUNDRED THOUSAND
     DOLLARS ($1,300,000.00), to be paid in twelve equal monthly installments in
     the gross amount of ONE HUNDRED AND EIGHT THOUSAND THREE HUNDRED
     THIRTY-THREE DOLLARS AND THIRTY-THREE CENTS ($108,333.33) (the "Severance
     Payments") as of each one-month anniversary of the Termination Date. The
     Company's obligation to pay the Severance Payments is conditioned upon the
     execution of this Agreement, including the execution of the General Release
     and Waiver, provided in Exhibit B to this Agreement (the "Release"),
     receipt by the Company of the English Advisor's Certificate in Exhibit C to
     this Agreement ("the Certificate") and the continued compliance by the
     Employee of all of the terms and conditions of this Agreement. The first
     Severance Payment shall be made on the Initial Payment Date; provided,
     however, that in the event that the cash payments to be made to the
     Employee as of the Initial Payment Date are not adequate to provide for the
     required tax withholding on such cash payments together with the
     withholding requirements associated with any non-cash benefits provided
     hereunder, the Company may accelerate a portion of the Severance Payment
     installments (starting with the earliest installments due) to the Initial
     Payment Date in order to satisfy such withholding obligations. In the event
     that Severance Payment installments are accelerated pursuant to the
     immediately preceding sentence, the balance of the Severance Payment
     installments will be paid on the dates originally anticipated for such
     installments, absent the acceleration of any other installment.

          (b)  Employee shall receive a one time lump sum payment in the amount
     of THREE HUNDRED SEVENTY-ONE THOUSAND SIX HUNDRED TWENTY-FIVE DOLLARS
     ($371,625.00) as of the Initial Payment Date.

     5.   Sign-On Loan. The Company shall forgive the outstanding aggregate
principal (in the amount of ONE MILLION FIFTY-THREE THOUSAND EIGHT HUNDRED
EIGHTY ONE POUNDS STERLING ((pound)1,053,881)) of the loan made to the Employee
pursuant to the Employer's employment agreement, dated July 7, 2000, with such
forgiveness to be effective as of the Initial Payment Date. With respect to the
income arising from the loan forgiveness, Employee shall be required to pay (or
have offset against other payments provided herein) the Employer's National
Insurance Contribution as may be due, in addition to any withholding required
under Section 18, with such amount paid or offset as of the date of forgiveness.

     6.   Restricted Stock Units. Effective as of the Termination Payment Date,
the Employee shall become fully vested in the 50,000 restricted stock units
granted August 25, 2000, which, per the terms of the award, would otherwise
become vested as of August 25, 2003. Effective as of the Termination Date, the
Employee shall vest in 50,000 restricted stock units granted December 31, 2001,
which are part of 150,000 total restricted stock units granted on such date,
50,000 of which vested January 2, 2003. This vesting is to be permitted by the
Company on an ex gratia basis only and the Employee acknowledges that he has no
pre-existing contractual entitlement to this vesting, under the terms on which
the relevant restricted stock units were granted or otherwise. The remaining
balance of 50,000 restricted stock units granted on December 31, 2001 shall be
forfeited and cancelled as of the Initial Payment Date. The

                                      -2-

<PAGE>

Employee acknowledges and agrees that he does not possess, nor is entitled to,
any other restricted stock unit awards under any plan or program of the Company
or any of its affiliates. The Company shall withhold from the restricted stock
units vesting pursuant to this Section 6 that number of shares equal to the
minimum statutory required withholding, based on the closing share price on the
Termination Date. The net shares, after withholding, shall be delivered or
otherwise made available to the Employee as soon as practicable following the
Initial Payment Date.

     7.   Stock Options. Effective as of the Initial Payment Date, the Employee
shall forfeit and/or relinquish any and all interests and rights in and under
all vested or unvested outstanding stock options awarded under any plan or
program maintained by the Company or any of its affiliates. The Employee
acknowledges and agrees that he does not possess, nor is entitled to, any other
stock option awards under any plan or program of the Company or any of its
affiliates

     8.   Performance Share Program. Effective as of the Initial Payment Date,
the Employee shall forfeit and/or relinquish any and all interests and rights
under the Company's Performance Share Program, for any and all performance
periods. Employee acknowledges that he is not entitled to any future
participation or payouts with respect to the Performance Share Program.

     9.   Accrued Vacation. The Employee shall receive payment for all accrued
and unused vacation, if any, as of the Termination Date, to the extent provided
in accordance with the Company's standard policies. Such payment shall be paid
not later than the Initial Payment Date.

     10.  Termination of Benefits. Except as specifically provided in this
Agreement with respect to plans or arrangements specifically identified in this
Agreement, the Employee's continued participation in all employee benefit
(pension and welfare) and compensation plans will cease as of the Termination
Date. Any payments made to the Employee pursuant to this Agreement, other than
with respect to the continued payment of salary through the Termination Date,
shall be disregarded for purposes of determining the amount of benefits to be
accrued on behalf of the Employee under any pension or other benefit plan
maintained by the Company or its affiliates. Nothing contained herein shall
limit or otherwise impair Employee's right to receive pension or similar benefit
payments which are vested as of the Termination Date under any applicable tax
qualified pension or other tax qualified benefit plan.

     11.  Medical Benefits. Employee's entitlement to continue family medical
coverage under the benefit plans of the Company operated in the United States
will be determined in accordance with the provisions of section 4980B of the
Internal Revenue Code and section 601 of the Employee Retirement Income Security
Act (sometimes referred to as "COBRA coverage"). Employee's entitlement to
medical insurance coverage in the UK will cease on The Termination Date.

     12.  Other Payments. The Employee agrees and acknowledges that, other than
as specifically provided for in this Agreement, no additional payments are due
from the Company or any affiliate on any basis whatsoever other than
reimbursements in accordance with the

                                      -3-

<PAGE>

Company's policies for ordinary and reasonable expenses incurred on or before
the Termination Date.

     13.  Employee Release and Company Release. As part of this Agreement,
and in consideration of the additional payments provided to Employee in
accordance with this Agreement, the Employee is required to execute the Release
and deliver the Release following the Termination Date and to deliver the signed
Certificate, at the same time. As part of this Agreement, and in consideration
of Employee's covenants contained in this Agreement, not less than five days
prior to the Initial Payment Date the Company shall execute the General Release
and Waiver in the form attached as Exhibit D (the "Company Release"). This
Agreement (including all Exhibits to this Agreement), and the commitments and
obligations of all parties hereunder:

          (a)  shall become final and binding immediately following the
     expiration of the Employee's right to revoke the execution of this
     Agreement in accordance with paragraph 4(d) of the Release, attached as
     Exhibit B;

          (b)  shall not become final and binding until the expiration of such
     right to revoke and may not be revoked or rescinded by the Company prior to
     or after expiration of such right to revoke; and

          (c)  shall not become final and binding if Employee revokes such
     execution.

The parties to this Agreement are aware that they may hereafter discover claims
or facts in addition to or different from those such party now knows or believes
to be true with respect to the matters related herein. Nevertheless, it is the
intention of the parties to fully, finally and forever settle such matters, and
all claims, demands, and causes of action relative thereto, whether known or
unknown, which may exist, or previously have existed, between Employee and the
Company in connection with such matters, including, without limitation, the
termination of Employee's employment with the Company. In furtherance of such
intention, the waiver and releases given herein shall be and remain in effect as
a full and complete release of all such matters, notwithstanding the discovery
or existence of any additional or different claims or facts relative thereto.

     14.  Assistance with Claims. The Employee agrees to cooperate with the
Company or any affiliate in the defense, prosecution or evaluation of any
pending or potential claims or proceedings involving or effecting the Company or
any affiliate during the period of Employee's employment with the Company (the
"Employment Period") or relating to any decisions in which Employee participated
or any matter of which Employee had knowledge. Employee agrees, unless precluded
by law, to promptly inform the Company if he is asked to participate (or
otherwise become involved) in any claims that may be filed against the Company
or any affiliate relating to the Employment Period. Employee also agrees, unless
precluded by law, to promptly inform the Company if he is asked to assist in any
investigation (whether governmental or private) of the Company or any affiliate
(or their actions) relating to any matter occurring during the Employment
Period, regardless of whether a lawsuit has then been filed against the Company
or any affiliate with respect to such investigation. Specifically and without
limitation, Employee will attend and participate in meetings and interviews
conducted by Company personnel, and/or

                                      -4-

<PAGE>

attorneys appointed by the Company, and execute written affidavits confirming
Employee's statements in such meetings in respect of any such matters. Employee
will make himself available for the foregoing at mutually convenient times
during business hours from time to time as reasonably requested by the Company.
Promptly upon the receipt of the Employee's written request, the Company agrees
to reimburse the Employee for all reasonable out-of-pocket expenses associated
with such cooperation, including travel expenses. This paragraph 14 shall not
preclude the Employee from responding to an inquiry in an honest manner.

     15.  Non-Disparagement. The Employee agrees that on and after the date of
this Agreement, he will not make any disparaging, critical or derogatory
statement about the Company or any affiliate or their shareholders or any of
their officers, directors or employees or otherwise make disparaging comment on
any aspects of Employee's employment with the Company, and the Company agrees
not to make any disparaging, critical or derogatory statement about the Employee
or Employee's employment with the Company; provided that the provisions of this
paragraph 15 shall not apply to testimony as a witness, any disclosure required
by law to be made by the Company or the Employee, the assertion of or defense
against any claim of breach of this Agreement and shall not require either party
to make false statements or disclosures.

     16.  Restrictive Covenants. Except as may be modified by the following
provisions of this paragraph 16, Employee expressly acknowledges and agrees that
the Employee will continue to remain subject to the Covenant provisions of
Section 7 of the Employment Agreement, and further agrees that obligations under
such provisions are not limited in any way by this Agreement or termination from
employment with the Company:

          (a)  Employee shall return all documents, records and property of the
     Company and any affiliate of the Company as of the Termination Date. The
     Employee shall return to the Company no later than the Termination Date any
     and all original and duplicate copies of all the Employee's work product
     and of files, calendars, books, records, notes, notebooks, customer lists
     and proposals to customers, manuals, computer equipment (including any
     desktop and/or laptop computers, handheld computing devices, home systems,
     computer disks and diskettes), mobile telephones (including SIM cards and
     the like), personal data assistants (PDAs), fax machines, and any other
     magnetic and other media materials the Employee has in his possession or
     under his control that belong to the Company or any of its affiliates that
     contain confidential or proprietary information concerning the Company or
     any of its affiliates or their clients or operations. The Employee also
     must return and/or agree to immediately return to the Company any keys,
     credit cards and I.D. cards that belong to the Company or any of its
     affiliates but are in the Employee's possession or within the Employee's
     control.

          (b)  Employee agrees not to instigate or participate in any
     administrative or judicial proceeding against the Company or any affiliate
     (except for proceedings to enforce this Agreement) unless requested by the
     Company or otherwise required by law.

          (c)  Subject to the foregoing provisions of this paragraph 16, the
     Company will continue to have the right to enforce such obligations of
     Section 7 of the Employment Agreement as provided in the Employment
     Agreement.

                                      -5-

<PAGE>

          (d)  The Company agrees that the Employee shall be permitted from time
     to time to seek a written exception from the Company to the
     non-solicitation provision of Section 7(c)(iii) of the Employment Agreement
     with respect to specifically identified individuals; provided, however, it
     is specifically acknowledged by the Employee that the Company shall have
     absolute discretion whether to agree to such request for exception.

     17.  Non-Disclosure. Employee acknowledges that the benefits provided by
the Company under this Agreement are not generally available to other employees
of the Company, and agrees that, except as may be required by the lawful order
of a court or agency of competent jurisdiction, Employee will keep the terms of
this Agreement secret and confidential indefinitely. Notwithstanding the
foregoing provisions of this paragraph 17, Employee may disclose the contents of
this Agreement to his attorneys, accountants and financial advisors and his
immediate family, provided that Employee takes steps that are reasonably
calculated to assure that such persons do not further disclose the terms of this
Agreement. The Employee further agrees that, prior to the commencement of any
new employment, if prior to the end of the expiration of the restrictive
provisions of Section 7 of the Employment Agreement, he will furnish the
prospective new employer with a copy of the provisions of this Agreement (and as
needed, relevant provisions of the Employment Agreement) relating to
competition, confidentiality, and solicitation. Employee also agrees that,
during such period, the Company may advise any new employer or prospective new
employer of the provisions of this Agreement relating to competition,
confidentiality, and solicitation and furnish the new employer or prospective
new employer with a copy of such provisions.

     18.  Withholding for Taxes. All benefits and payments provided to the
Employee pursuant to this Agreement which are required to be treated as
compensation shall be subject to all applicable withholding and reporting
requirements.

     19.  Settlement of Disputes. The Settlement of Disputes provisions set
forth in Section 8 of the Employment Agreement are hereby incorporated by
reference and are made part of this Agreement and shall be applicable for all
disputes as may arise hereunder, regardless of whether the Employment Agreement
is, or may deemed to be, in full force and effect.

     20.  Attorneys Fees. In the event of any dispute with respect to a
breach or asserted breach of this Agreement, the prevailing party as determined
by the presiding judge or arbitration panel in said proceeding shall be entitled
to recover such party's reasonable attorneys fees and expenses from the other
party.

     21.  Miscellaneous.

          (a)  Binding Effect. This Agreement shall be binding upon each of the
     parties and upon their respective heirs, administrators, representatives,
     executors, successors and assigns, and shall inure to the benefit of each
     party and to their heirs, administrators, representatives, executors,
     successors, and assigns.

          (b)  Applicable Law. This Agreement shall be construed in accordance
     with the laws of the State of New York, without regard to the conflict of
     law provisions of any

                                      -6-

<PAGE>

     jurisdiction, save in relation to paragraph 2 of Exhibit B and Exhibit C
     which shall be construed in accordance with English law.

          (c)  Entire Agreement. This Agreement reflects the entire agreement
     between the Employee and the Company and, except as specifically provided
     herein, supersedes all prior agreements and understandings, written or oral
     relating to the subject matter hereof, it being acknowledged, however, that
     the Employee shall continue to be subject to the restrictive covenants of
     Section 7 of the Employment Agreement. To the extent that the terms of this
     Agreement (including Exhibits to this Agreement) are to be determined
     under, or are to be subject to, the terms or provisions of any other
     document, this Agreement (including Exhibits to this Agreement) shall be
     deemed to incorporate by reference such terms or provisions of such other
     documents.

          (d)  Notices. Any notice pertaining to this Agreement shall be in
     writing and shall be deemed to have been effectively given on the earliest
     of (a) when received, (b) upon personal delivery to the party notified, (c)
     one business day after delivery via facsimile with electronic confirmation
     of successful transmission, (d) one business day after delivery via an
     overnight courier service or (e) five days after deposit with the United
     Postal Service, and addressed as follows:

          to the Employee at:

          John Piers Marmion
          Copse Stile House
          Spring Lane, Aston Tirrold
          Didcot, Oxon OX11 9EJ
          United Kingdom
          Or such other address as Employee duly notifies the Company.

          With a copy to:

          Samuel B. Fortenbaugh, III, Esq.
          1211 Avenue of the Americas, 24/th/ Floor
          New York, NY  10036
          Fax:  (212) 596-3391

          to the Company at:

          Heidrick & Struggles International, Inc.
          233 South Wacker Drive
          Suite 4200
          Chicago, IL  60606-6303
          Attn:  Fritz E. Freidinger - General Counsel and
          Corporate Secretary
          Fax:  (312)  496-1297

          with a copy to:

          Donald L. Norman, Jr., Esq.

                                      -7-

<PAGE>

          Mayer, Brown, Rowe & Maw
          190 S. LaSalle Street
          Chicago, IL  60603
          Fax:  (312) 706-9179

          (e)  Waiver of Breach. The waiver by either party to this Agreement of
     a breach of any provision of this Agreement shall not operate as or be
     deemed a waiver of any subsequent breach by such party. Continuation of
     benefits hereunder by the Company following a breach by the Employee of any
     provision of this Agreement shall not preclude the Company from thereafter
     exercising any right that it may otherwise independently have to terminate
     said benefits based upon the same violation.

          (f)  Amendment. This Agreement may not be modified or amended except
     by a writing signed by the parties to this Agreement.

          (g)  Counterparts. This Agreement may be signed in multiple
     counterparts, each of which shall be deemed an original. Any executed
     counterpart returned by facsimile shall be deemed an original executed
     counterpart.

          (h)  Agreement Expenses. The Company shall reimburse the Employee for
     reasonable legal fees incurred incident to the negotiation, preparation and
     execution of this Agreement subject to a cap of $12,500.

          (i)  No Third Party Beneficiaries. Unless specifically provided
     herein, the provisions of this Agreement are for the sole benefit of the
     parties to this Agreement and are not intended to confer upon any person
     not a party to this Agreement any rights hereunder.

          (j)  Terms and Construction. Each party has cooperated in the drafting
     and preparation of this Agreement. The language in all parts of this
     Agreement shall be in all cases construed according to its fair meaning and
     not strictly for or against either party.

          (k)  Admissions. Nothing in this Agreement is intended to be, or will
     be deemed to be, an admission of liability by Employee or the Company to
     each other, or an admission that they or any of their agents, affiliates,
     or employees have violated any state, federal or local statute, regulation
     or ordinance or any principle of common law of any jurisdiction, or that
     they have engaged in any wrongdoing towards each other.

          (l)  Currency. Unless otherwise specifically provided herein, all cash
     payments to be made by the Company to Employee under the terms of this
     Agreement shall be made in United States Dollars. In the event that the
     parties agree to have any payments made in any currency other than the U.S.
     Dollar, the amount of such payments in such other currency shall be
     calculated using the exchange rate as reported in the Wall Street Journal
     for the date immediately preceding the date of payment. In the event that a
     given currency exchange rate is not reported as of the date immediately
     preceding such payment date, the next most recently reported exchange rate
     for that currency shall be utilized.

                                      -8-

<PAGE>
IN WITNESS WHEREOF, this Separation and Settlement Agreement and General
Release has been duly executed as of the Effective Date.

  /s/ John Piers Marmion                            Date: 27/06/03.
-----------------------------------                      -----------------------
John Piers Marmion

Heidrick & Struggles International,
Inc.

                                                    Date:
-----------------------------------                      -----------------------
By:    Fritz E. Freidinger
Title: General Counsel and
       Corporate Secretary

                                       -9-

<PAGE>

     IN WITNESS WHEREOF, this Separation and Settlement Agreement and General
Release has been duly executed as of the Effective Date.

                                                    Date:
-----------------------------------                      -----------------------
John Piers Marmion

Heidrick & Struggles International,
Inc.

  /s/ Fritz E. Freidinger                           Date: 6-16-03
-----------------------------------                      -----------------------
By:    Fritz E. Freidinger
Title: General Counsel and
       Corporate Secretary

                                       -9-

<PAGE>

                                    Exhibit A
                                    ---------

                              LETTER OF RESIGNATION
                              ---------------------

Board of Directors
Heidrick & Struggles International, Inc.
233 South Wacker Drive
Chicago, IL 60606-6303

Dear Sirs:

     I hereby acknowledge my resignation as Chief Executive Officer with
Heidrick & Struggles International, Inc. (the "Company") as of April 7, 2003,
and acceptance thereof by the Company, and that I will not stand for re-election
to the Board of Directors of the Company, such that as of the May 22, 2003
shareholders meeting, I will no longer serve in the position of Chairman or
member of the Board of Directors of the Company. Effective as of the date of
execution of the Separation and Severance Agreement dated May 15, 2003 (the
"Separation Agreement"), I hereby resign all other officer or management
positions with the Company and all of its related entities (including, without
limitation, any position as a member of any board of directors of any related
entity), and agree to remain employed solely as a senior advisor to the Company
as provided in the Separation Agreement. Further, effective June 30, 2003, I
hereby resign from employment with the Company and all of its related entities.
My resignation is in accordance with the terms of the Separation Agreement and I
hereby confirm that I have no claim for compensation for loss of office, save as
set out in that Agreement.

                                                 Very truly yours,

                                                 John Piers Marmion

                                      -1-

<PAGE>

                                    Exhibit B
                                    ---------

                           EMPLOYEE RELEASE AND WAIVER
                           ---------------------------

     1.   This document is attached to, is incorporated into, and forms a part
of, a Separation and Settlement Agreement (the "Agreement") by and between
Heidrick & Struggles International, Inc. (the "Company") and John Piers Marmion
(the "Employee"). Except for (i) a Claim based upon a breach of the Agreement,
(ii) a Claim which is expressly preserved by the Agreement, or (iii) a Claim
relating to or arising out of the Company's fraud or criminal activity, the
Employee, on behalf of himself and the other Employee Releasors, releases and
forever discharges the Company and the other Company Releasees from any and all
Claims which the Employee now has or claims, or might hereafter have or claim,
whether known or unknown, suspected or unsuspected (or the other Employee
Releasors may have, to the extent that it is derived from a Claim which the
Employee may have), against the Company Releasees based upon or arising out of
any matter or thing whatsoever, from the beginning of time to the effective date
of this General Release and Waiver and shall include, without limitation, Claims
(except those specifically preserved by the Agreement) arising out of or related
to the Employment Agreement dated January 1, 2002 and Claims arising under (or
alleged to have arisen under) (a) the Age Discrimination in Employment Act of
1967, as amended; (b) Title VII of the Civil Rights Act of 1964, as amended; (c)
The Civil Rights Act of 1991; (d) Section 1981 through 1988 of Title 42 of the
United States Code, as amended; (e) the Employee Retirement Income Security Act
of 1974, as amended; (f) The Immigration Reform Control Act, as amended; (g) The
Americans with Disabilities Act of 1990, as amended; (h) The National Labor
Relations Act, as amended; (i) The Fair Labor Standards Act, as amended; (j) The
Occupational Safety and Health Act, as amended; (k) The Family and Medical Leave
Act of 1993; (l) any state antidiscrimination law; (m) any state wage and hour
law; (n) any other local, state or federal law, regulation or ordinance; (o) any
public policy, contract, tort, or common law; (p) any law, regulation or
ordinance of the United Kingdom or the rest of Europe or any of their political
entities; or (q) any allegation for costs, fees, or other expenses including
attorneys' fees incurred in these matters. Employee further represents that he
has not, and never will, institute against the Company or any of the Company
Releasees any action or other proceeding in any court, administrative agency, or
other tribunal of the United States, any State thereof or any foreign
jurisdiction, with respect to any Claim or cause of action of any type, other
than as provided under (i), (ii), or (iii) above, arising or which may have
existed at any time prior to the effective date of the Agreement. If Employee
does institute such a claim, he agrees to pay the reasonable costs incurred by
the Company or any of the Company Releases in defending such action, including
reasonable attorneys' fees, experts' fees and costs.

     2.   In respect of Claims arising under English law, Employee:

          (a)  acknowledges that he has taken independent legal advice from
     Steven Oxley of Wilsons (his "English Advisor") on the terms and effect of
     the Agreement and this General Release and Waiver, that he has entered into
     such agreements voluntarily, without reservation and with the intention
     that it will be binding on him as a compromise agreement or otherwise and
     that the conditions regarding compromise agreements under

<PAGE>

     the following English statutes have been satisfied: section 203 of the
     Employment Rights Act 1996, section 77 of the Sex Discrimination Act 1975,
     section 72 of the Race Relations Act 1976, section 9 of the Disability
     Discrimination Act 1995, Regulation 35 of the Working Time Regulations
     1998, section 288 of the Trade Union and Labour Relations (Consolidation)
     Act 1992, section 9 of the Part-Time Workers Regulations 2000 and
     Regulation 41 of the Transnational Information and Consultation of
     Employees Regulations 1999 have been satisfied. Employee also warrants the
     accuracy of paragraph 2 of the Certificate attached as Exhibit C to the
     Agreement and acknowledges that the Severance Payment includes any
     statutory compensation to which he may be entitled and that it would not be
     just and equitable for him to receive any further compensation;

          (b)  represents and warrants that:

               (i)  his only Statutory Claims (as defined in paragraph 2(c)
          below) or particular complaints are for unfair dismissal, breach of
          contract and unlawful deduction from wages; and

               (ii) his English Advisor has advised him that, on the basis of
          the information available to his Advisor, he has no other Statutory
          Claim against the Company and the other Company Releasees.

          (c)  A Statutory Claim means any claim for or relating to unfair
     dismissal, a redundancy payment, equal pay, sex, race or disability
     discrimination, working time, unauthorised deduction from wages or for the
     infringement of any other statutory employment rights which Employee has or
     may have under the Employment Rights Act 1996, the Trade Union and Labour
     Relations (Consolidation) Act 1992, the Employment Relations Act 1999, the
     Part-Time Workers Regulations 2000 or the Transnational Information and
     Consultation of Employee Regulations 1999.

     3.   For purposes of this General Release and Waiver, the terms set forth
below shall have the following meanings:

          (a)  The term "Agreement" shall include the Agreement and the Exhibits
     thereto.

          (b)  The term "Claims" shall include any and all rights, claims,
     demands, debts, dues, sums of money, accounts, attorneys' fees, experts'
     fees, complaints, judgments, executions, actions and causes of action of
     any nature whatsoever, cognizable at law or equity.

          (c)  The term "Company Releasees" shall include the Company and its
     affiliates and their respective officers, directors, trustees, members,
     representatives, agents, employees, shareholders, partners, attorneys,
     assigns, administrators and fiduciaries under any employee benefit plan of
     the Company and of any affiliate, and insurers, and their predecessors and
     successors.

<PAGE>

          (d)  The term "Employee Releasors" shall include the Employee, and his
     family, heirs, executors, representatives, agents, insurers,
     administrators, successors, assigns, and any other person claiming through
     the Employee.

     4.   The following provisions are applicable to and made a part of the
Agreement and this General Release and Waiver:

          (a)  By this General Release and Waiver, the Employee Releasors do not
     release or waive any right or claim which they may have under the Age
     Discrimination in Employment Act, as amended by the Older Workers Benefit
     Protection Act, which arises after the date of execution of this General
     Release and Waiver.

          (b)  In exchange for this General Release and Waiver, the Employee
     hereby acknowledges that he has received separate consideration beyond that
     to which he is otherwise entitled under the Company's policies, under
     contract, or under applicable law.

          (c)  The Employee has consulted with an attorney of his choosing prior
     to executing the Agreement and this General Release and Waiver.

          (d)  The Employee has up to twenty-one (21) days from the date of
     presentment to consider whether or not to execute the Agreement and this
     General Release and Waiver which right the Employee has chosen to waive
     with the advice of counsel. In the event of such execution, the Employee
     has a further period of seven (7) days from the date of said execution in
     which to revoke said execution. The Agreement and this General Release and
     Waiver will not become effective until expiration of such revocation
     period.

     5.   The Agreement (including this General Release and Waiver and all other
Exhibits to the Agreement), and the commitments and obligations of all parties
thereunder:

          (a)  shall become final and binding immediately following the
     expiration of the Employee's right to revoke the execution of the Agreement
     in accordance with paragraph 4(d) of this Exhibit B;

          (b)  shall not become final and binding until the expiration of such
     right to revoke; provided, however, that nothing contained herein shall
     confer any right upon the Company to revoke the Agreement; and

          (c)  shall not become final and binding if the Employee revokes such
     execution.

                                  * * * * * * *

<PAGE>

     The Employee hereby acknowledges that he has carefully read and understands
the terms of the Agreement and this General Release and Waiver and each of his
rights as set forth therein.

                                                      /s/ John Piers Marmion
                                                    ----------------------------
                                                    John Piers Marmion

                                                    Date: 30/06/2003.
                                                         -----------------------

WITNESSETH.
  /s/
-----------------------------------

<PAGE>

                                   Exhibit C
                                   ---------

                         English Advisor's Certificate
                         -----------------------------

I, Stephen Oxley, hereby certify as follows:

1    I am a solicitor of the Supreme Court of England and Wales and hold a
     current Practising Certificate.

2    I have advised John Piers Marmion ("my Client") on the terms and effect of
     the Settlement Agreement dated 15 May 2003 between Heidrick & Struggles
     International Inc. and my Client and in particular its effect on my
     Client's ability to pursue my Client's rights before an English Employment
     Tribunal, including the matters set out in paragraph 2 of Exhibit B to the
     Settlement Agreement (the General Release and Waiver).

3    I am not acting (and have not acted) in relation to this matter for
     Heidrick & Struggles International Inc. or any associated employer.

4    There is in force a contract of insurance or an indemnity provided for
     members of a profession or professional body covering the risk of a claim
     by my Client in respect of loss arising in consequence of the advice I have
     given.

5    I confirm that paragraphs 2(b)(i) and (ii) of the General Release Waiver
     are accurate.

SIGNED:               /s/
                    ----------------------------------

Name of Solicitor:  Stephen Oxley

Firm:               Wilsons

Address:            Steynings House, Fisherton Street,
                    Salisbury, Wiltshire, SP2 7RJ, UK

Dated:              ----------------------------------

<PAGE>

                                    Exhibit D
                                    ---------

                       COMPANY GENERAL RELEASE AND WAIVER
                       ----------------------------------

     6.   This document is attached to, is incorporated into, and forms a part
of, a Separation and Settlement Agreement (the "Agreement") by and between
Heidrick & Struggles International, Inc. (the "Company") and John Piers Marmion
(the "Employee"). Except for (i) a Claim based on a breach of the Agreement,
(ii) a Claim which is expressly preserved by the Agreement, (iii) a Claim
relating to or arising out of the Employee's fraud or criminal activity, or (iv)
a Claim relating to or arising out of the Employee's willful or intentional
misconduct in the performance of Employee's obligations under the Employment
Agreement, the Company, on behalf of itself and the other Company Releasors,
releases and forever discharges the Employee and the other Employee Releasees
from any and all Claims which the Company now has or claims, or might hereafter
have or claim, whether known or unknown (or the other Company Releasors may
have, to the extent that it is derived from a Claim which the Company may have),
against the Employee Releasees based upon or arising out of any matter or thing
whatsoever, from the beginning of time to the effective date of this General
Release and Waiver, and shall include, without limitation, Claims arising out of
or related to the Employment Agreement dated January 1, 2002, and Claims arising
under (or alleged to have arisen under) (a) any local, state, federal,
regulation or ordinance; (b) any public policy, contract, tort, or common law;
(c) any allegation for costs, fees, or other expenses including attorneys' fees
incurred in these matters; or (d) any law, regulation or ordinance of the United
Kingdom or the rest of Europe or any of their political entities. Company
further represents that it has not, and never will, institute against the
Employee or any of the Employee Releasees any action or other proceeding in any
court, administrative agency, or other tribunal of the United States, any State
thereof or any foreign jurisdiction, with respect to any Claim or cause of
action of any type, other than as provided under (i), (ii), (iii) or (iv) above,
arising or which may have existed at any time prior to the effective date of the
Agreement. If Company does institute such a claim, it agrees to pay the
reasonable costs incurred by the Employee or any of the Employee Releases in
defending such action, including reasonable attorneys' fees, experts' fees and
costs.

     7.   For purposes of this General Release and Waiver, the terms set forth
below shall have the following meanings:

          (a)  The term "Agreement" shall include the Agreement and the Exhibits
     thereto.

          (b)  The term "Claims" shall include any and all rights, claims,
     demands, debts, dues, sums of money, accounts, attorneys' fees, complaints,
     judgments, executions, actions and causes of action of any nature
     whatsoever, cognizable at law or equity.

          (c)  The term "Company Releasors" shall include the Company and any of
     its affiliates and, to the extent acting on behalf of the Company or any of
     its affiliates and not acting in their individual capacities, their
     respective officers, directors, trustees, members, representatives, agents,
     employees, shareholders, partners, attorneys, assigns,

<PAGE>

     administrators and fiduciaries under any employee benefit plan of the
     Company and of any affiliate, and insurers, and their predecessors and
     successors.

          (d)  The term "Employee Releasees" shall include the Employee, and his
     family, heirs, executors, representatives, agents, insurers,
     administrators, successors, assigns, and any other person claiming through
     the Employee.

     8.   The Agreement (including this General Release and Waiver and all other
Exhibits to the Agreement), and the commitments and obligations of all parties
thereunder:

          (a)  shall become final and binding immediately following the
     expiration of the Employee's right to revoke the execution of the Agreement
     in accordance with paragraph 4(d) of Exhibit B to the Agreement;

          (b)  shall not become final and binding until the expiration of such
     right to revoke; provided, however, that nothing contained herein shall
     confer any right upon the Company to revoke the Agreement; and

          (c)  shall not become final and binding if the Employee revokes such
     execution.

                                  * * * * * * *

<PAGE>

    The Company hereby acknowledges that it has carefully read and understands
the terms of the Agreement and this General Release and Waiver and each of its
rights as set forth therein.

                                        Heidrick & Struggles International, Inc.

                                          /s/ Fritz E. Freidinger
                                        ----------------------------------------
                                        By:    Fritz E. Freidinger
                                        Title: General Counsel and Corporate
                                               Secretary

                                        Date: July 1, 2003
                                             -----------------------------------
State of Illinois
         --------------------------
County of Cook
         --------------------------
Subscribed Before Me This

1ST  Day of July, 2003

  /s/ Mary D. Olawumi
-----------------------------------
Notary Public]

         OFFICIAL SEAL
        MARY D OLAWUMI
NOTORAY PUBLIC, STATE OF ILLINOIS
MY COMMISSION EXPIRES: 10/15/06<PAGE>

                                                                   EXHIBIT 10.03
                                                                   -------------

May 15, 2003

David C. Anderson
4627 Miron Drive
Dallas, Texas  75220

Dear David:

     This letter (the "Agreement and Release") confirms our agreement with
regard to the termination of your employment with Heidrick & Struggles, Inc.
(the "Company") effective May 15, 2003 (the "Termination Date"). Our
understanding and agreement with respect to the termination of your employment
is as follows:

     1.   You hereby confirm the termination of your employment with the Company
effective as of the Termination Date, and you agree to execute a letter of
resignation effective as of the Termination Date.

     2.   With the exception of 2(a) below, your total and final compensation
from the Company shall be payable on the first business day following the date
on which this agreement becomes final and binding pursuant to paragraph 16 below
(the "Initial Payment Date") and shall be as follows:

     (a)  You will receive your regular base salary through and until the
     Termination Date through the Company's normal payroll process.

     (b)  You will receive a pro rata 2003 bonus payment (the "Pro-rata 2003
     Bonus") based on the number of months of service up to the Termination
     Date. The amount of the Pro-rata 2003 Bonus is TWO HUNDRED TWENTY-FIVE
     THOUSAND DOLLARS ($225,000.00) and is payable in a lump sum on the Initial
     Payment Date.

     (c)  You will receive severance payments in the amount of ONE MILLION TWO
     HUNDRED THOUSAND DOLLARS ($1,200,000.00) to be paid in twelve equal monthly
     installments in the gross amount of ONE HUNDRED THOUSAND DOLLARS
     ($100,000.00) (the "Severance Payments") as of each one-month anniversary
     of the Termination Date. No Severance Payments shall be made prior to the
     Initial Payment Date.

     (d)  With the exception of the three stock option grants you received on
     April 26, 1999 (the "4-26-99 Options"), effective as of the Initial Payment
     Date, the you shall forfeit and/or relinquish any and all interests and
     rights in and under all vested or unvested outstanding stock options
     awarded under any plan or program maintained by the

<PAGE>

     Company or any of its affiliates. You hereby acknowledge and agree that you
     do not possess, nor are entitled to, any other stock option awards under
     any plan or program of the Company or any of its affiliates. The 4-26-99
     Options shall continue to operate under the terms and conditions of the
     respective award agreements setting forth such awards (including any
     restrictive covenants contained therein), taking into account the
     termination of your employment as of the Termination Date.

     (e)  Effective as of the Initial Payment Date, you shall become fully
     vested in 12,500 of the 50,000 restricted stock units granted to you on
     December 31, 2001, which are not currently vested. Effective as of the
     Termination Date you shall forfeit any and all rights in the remaining
     37,500 restricted stock units. You hereby acknowledge and agree that you do
     not possess, nor are you entitled to, any other restricted stock unit
     awards under any plan or program of the Company or any of its affiliates.
     The Company shall withhold from the restricted stock units vesting pursuant
     to this Agreement that number of shares equal to the minimum statutory
     required withholding, based on the closing share price on the Initial
     Payment Date. The net shares, after withholding, shall be delivered or
     otherwise made available to you as soon as practicable following the
     Initial Payment Date.

     (f)  Effective as of the Termination Date, you shall forfeit and/or
     relinquish any and all interests and rights under the Company's Performance
     Share Program, for any and all performance periods. You hereby acknowledge
     that you are not entitled to any future participation or payouts with
     respect to the Performance Share Program.

     (g)  Your comprehensive life, accidental death and dismemberment and
     disability insurance benefits, if any, will cease as of the Termination
     Date. You may have conversion privileges under some of these benefits
     programs. Please contact our Human Resource Department for details.

     (h)  Your coverage under the Company's group medical and dental insurance
     programs, if any, will cease as of the Termination Date. You may continue
     to be covered under these programs for a period of 18 months from that date
     (or such longer period as may be required by law) or until you experience a
     "COBRA disqualifying event," whichever occurs first. This continued
     coverage shall be available at your own expense. This continued coverage
     shall be subject to and in accordance with the terms of the documents
     governing the program. Specific information on the program will be sent to
     you separately.

     (i)  Except as specifically provided in this Agreement with respect to
     plans or arrangements specifically identified in this Agreement, your
     continued participation in all employee benefit (pension and welfare) and
     compensation plans will cease as of the Termination Date. Any payments made
     to you pursuant to this Agreement, other than with respect to the continued
     payment of salary through the Termination Date, shall be disregarded for
     purposes of determining the amount of benefits to be accrued on behalf of
     you under any pension or other benefit plan maintained by the Company or
     its affiliates. Nothing contained herein shall limit or otherwise impair
     your to receive pension or

<PAGE>

     similar benefit payments which are vested as of the Termination Date under
     any applicable tax qualified pension or other tax qualified benefit plan.

     (j)  You will be reimbursed for approved and authorized out-of-pocket
     expenses incurred through the Termination Date, provided you submit
     appropriate expense reports no later than Termination Date.

     (k)  You will receive payment for your accrued and unused vacation days
     through the Termination Date.

     (l)  Any payments under this Agreement and Release, or other amounts under
     this Agreement and Release which are required to be treated as
     compensation, shall be subject to all applicable tax withholding and
     payroll deductions.

     3.   Other than as set forth herein, you will not receive compensation,
payments or benefits of any kind from the Company or Releasees (as that term is
defined below), and you expressly acknowledge and agree that you are not
entitled to, you have no rights to, and you will not receive any additional
compensation, payments or benefits of any kind from the Company or Releasees,
and that no representations or promises have been made to you to the contrary.

     4.   You understand and agree that you are receiving compensation, payments
and/or benefits under this Agreement and Release which are in excess of those to
which you are now or in the future may be entitled from the Company or Releasees
(as that term is defined below), and that such compensation, payments and/or
benefits are being provided to you in consideration for your acceptance and
execution of, and in reliance upon your representations in, this Agreement and
Release and you acknowledge that such consideration is adequate and satisfactory
to you.

     5.   In exchange for the compensation, payments, benefits and other
consideration provided to you in this Agreement and Release, you agree as
follows:

     (a)  You agree to accept the compensation, payments, benefits and other
     consideration provided for in this Agreement and Release in full resolution
     and satisfaction of, and hereby IRREVOCABLY AND UNCONDITIONALLY RELEASE,
     REMISE AND FOREVER DISCHARGE the Company and Releasees from any and all
     agreements, promises, liabilities, claims, demands, rights and entitlements
     of any kind whatsoever, in law or equity, whether known or unknown,
     asserted or unasserted, fixed or contingent, apparent or concealed, which
     you, your heirs, executors, administrators, successors or assigns ever had,
     now have or hereafter can, shall or may have for, upon, or by reason of any
     matter, cause or thing whatsoever existing, arising or occurring at any
     time on or prior to the date you execute this Agreement and Release,
     including, without limitation, any and all claims arising out of or
     relating to your employment, compensation and benefits with the Company
     and/or the termination thereof, and any and all contract claims, benefit
     claims, tort claims, fraud claims, claims for bonuses, commissions, sales
     credits, etc., defamation, disparagement, or other personal injury claims,
     claims related to any bonus compensation, claims for accrued vacation pay,
     claims under any federal, state or municipal wage payment, discrimination
     or fair employment practices law, statute or regulation, and claims for
     costs, expenses and attorneys' fees with respect thereto, except

<PAGE>

     that the Company's obligations under this Agreement and Release shall
     continue in full force and effect in accordance with their terms. This
     release and waiver includes, without limitation, any and all rights and
     claims under Title VII of the Civil Rights Act of 1964, as amended, the
     Civil Rights Act of 1991, the Civil Rights Act of 1866 (42 U.S.C. Section
     1981), the Employee Retirement Income Security Act, as amended, the Federal
     Age Discrimination in Employment Act, the Americans with Disabilities Act,
     the Fair Labor Standards Act, the National Labor Relations Act, the Family
     and Medical Leave Act, and any other federal, state or local statute,
     ordinance, regulation or constitutional provision regarding employment,
     compensation, employee benefits, termination of employment or
     discrimination in employment.

     (b)  For the purpose of implementing a full and complete release and
     discharge of claims, you expressly acknowledge that this Agreement and
     Release is intended to include in its effect, without limitation, all the
     claims described in the preceding paragraphs, whether known or unknown,
     apparent or concealed, and that this Agreement and Release contemplates the
     extinction of all such claims, including claims for attorney's fees. You
     expressly waive any right to assert after the execution of this Agreement
     and Release that any such claim, demand, obligation, or cause of action
     has, through ignorance or oversight, been omitted from the scope of the
     Agreement and Release.

     (c)  For purposes of this Agreement and Release, the term "the Company and
     Releasees" includes the Company and its past, present and future direct and
     indirect parents, subsidiaries, affiliates, divisions, predecessors,
     successors, insurers, and assigns, and their past, present and future
     officers, directors, shareholders, representatives, agents and employees,
     in their official and individual capacities, and all other related
     individuals and entities, jointly and individually, and this Agreement and
     Release shall inure to the benefit of and shall be binding and enforceable
     by all such entities and individuals.

     6.   Nothing contained in this Agreement and Release shall be deemed to
constitute an admission or evidence of any wrongdoing or liability on the part
of you or the Company or Releasees, nor of any violation of any federal, state
or municipal statute, regulation or principle of common law or equity. The
Company expressly denies any wrongdoing of any kind in regard to your employment
or your termination.

     7.

     (a)  You hereby agree and acknowledge that you shall continue to be subject
     to the restrictive covenants of Section 7 of your employment agreement with
     the Company dated as of January 1, 2002 (the "Employment Agreement").

     (b)  You and the Company hereby agree and acknowledge that the Arbitration
     provisions of Section 8 of the Employment Agreement shall apply to any and
     all disputes, controversies or claims arising between the parties relating
     to this Agreement.

     (c)  You have and/or agree to immediately return to the Company any and all
     computer equipment (including any desktop and/or laptop computers, handheld

<PAGE>

     computing devices, home systems, computer disks and diskettes), cellular
     telephones, fax machines, and any other magnetic and other media materials
     you have in your possession or under your control belonging to the Company.
     You have also returned and/or agree to immediately return your Company
     keys, credit cards and I.D. cards to the Company.

     (d)  You hereby represent and acknowledge that, as of the Termination Date,
     you do not possess any of the following: original or duplicate copies of
     your work product and files, calendars, books, records, notes, notebooks,
     customer lists and proposals to customers, manuals and any other magnetic
     and other media materials containing confidential or proprietary
     information concerning the Company or Releasees or their customers or
     operations. You further represent and acknowledge that either you did not
     possess any such items or that, as of the Termination Date, they have been
     returned to the Company and you have retained no copies of them.

     8.   You will not issue any communication, written or otherwise, that
disparages or encourages any adverse action against the Company, provided that
this paragraph shall not preclude you from testifying truthfully under oath
pursuant to subpoena or otherwise, or from cooperating with any governmental,
regulatory or self-regulatory body or agency with jurisdiction over the
activities of the Company. The Company will provide you notice of its intentions
to suspend or terminate payments under this Agreement due to a violation this
Section 8; provided, however, that no such suspension of payments shall be
commenced prior to the initiation of an arbitration process as provided in
Section 7(b) above. The Company will not issue any communication, written or
otherwise, that disparages or encourages any adverse action against you,
provided that this paragraph shall not preclude the Company from testifying
truthfully under oath pursuant to subpoena or otherwise, or from cooperating
with any governmental, regulatory or self-regulatory body or agency with
jurisdiction over the activities of the Company.

     9.   You agree to perform all acts and execute and deliver any documents
that may be reasonably necessary to carry out the provisions of this Agreement
and Release.

     10.  You acknowledge and agree that:

     (a)  You have entered into this Agreement and Release knowingly and
     voluntarily.

     (b)  You have read and understand this entire Agreement and Release.

     11.  This Agreement and Release may not be changed orally, and no
modification, amendment or waiver of any of the provisions contained in this
Agreement and Release, nor any future representation, promise or condition in
connection with the subject matter of this Agreement and Release shall be
binding upon any party hereto unless made in writing and signed by such party.

     12.  This Agreement and Release shall be subject to and governed by and
interpreted in accordance with the laws of the State of Illinois without regard
to conflicts of laws principles. This Agreement reflects the entire agreement
between you and the Company and, except as specifically provided herein,
supersedes all prior agreements and understandings, written or oral relating to
the subject matter hereof, it being acknowledged, however, that you shall
continue to

<PAGE>

be subject to the restrictive covenants of Section 7 of your Employment. To the
extent that the terms of this Agreement and Release (including Exhibits to this
Agreement and Release) are to be determined under, or are to be subject to, the
terms or provisions of any other document, this Agreement and Release (including
Exhibits to this Agreement and Release) shall be deemed to incorporate by
reference such terms or provisions of such other documents.

     13.  In the event that any provision of this Agreement and Release shall be
held to be void, voidable, unlawful or, for any reason, unenforceable, the
remaining portions shall remain in full force and effect. The unenforceability
or invalidity of a provision of this Agreement and Release in one jurisdiction
shall not invalidate or render that provision unenforceable in any other
jurisdiction.

     14.  This Agreement and Release shall inure to the benefit of and shall be
binding upon (a) the Company, its successors and assigns, and any company with
which the Company may merge or consolidate or to which the Company may sell all
or substantially all of its assets and (b) you and your executors,
administrators, heirs and legal representatives. You may not sell or otherwise
assign your rights, obligations, or benefits under this Agreement and Release
and any attempt to do so shall be void.

     15.  All notices in connection with or provided for under this Agreement
and Release shall be validly given or made only if made in writing and delivered
personally or mailed by registered or certified mail, return receipt requested,
postage prepaid, to the party entitled or required to receive the same. Notice
shall be deemed to have been given upon receipt in the case of personal delivery
and upon the date of receipt indicated on the return receipt in the case of
mail.

     16.  If this Agreement and Release conforms to your understanding and is
acceptable to you, please indicate your agreement by signing and dating the
enclosed copy of this Agreement and Release in the space provided below and
returning the signed Agreement and Release to Fritz Freidinger, General Counsel,
at the address indicated above within 21 days of the date of this Agreement and
Release. Once you have signed the Agreement and Release, you will then be
permitted to revoke this Agreement and Release at any time during the period of
seven days following its execution by delivering to me a written notice of
revocation. This Agreement and Release will not be effective or enforceable and
no benefits shall be provided hereunder unless and until the seven-day
revocation period has expired without your having exercised your right of
revocation. In the event that you fail to execute and return this Agreement and
Release on a timely basis, or you execute and then elect to revoke this
Agreement and Release, this Agreement and Release will be of no force or effect,
and neither you nor the Company will have any rights or obligations hereunder.
You should consult with an attorney prior to signing this Agreement and Release.

<PAGE>

                                             Sincerely,

                                             HEIDRICK & STRUGGLES, INC.

                                             By:  /s/ Fritz E. Freidinger
                                                --------------------------------
                                                Fritz E. Freidinger

<PAGE>

THIS AGREEMENT AND RELEASE IS A LEGAL DOCUMENT.

BY SIGNING THIS AGREEMENT AND RELEASE, YOU ACKNOWLEDGE AND AFFIRM THAT: (1) YOU
ARE COMPETENT; (2) YOU WERE AFFORDED A REASONABLE TIME PERIOD OF AT LEAST 21
DAYS TO REVIEW AND CONSIDER THIS AGREEMENT AND RELEASE AND HAVE BEEN ADVISED TO
DO SO WITH AN ATTORNEY OF YOUR CHOICE; (3) YOU HAVE READ AND UNDERSTAND AND
ACCEPT THIS DOCUMENT AS FULLY AND FINALLY RESOLVING, WAIVING AND RELEASING ANY
AND ALL CLAIMS AND RIGHTS WHICH YOU MAY HAVE AGAINST THE COMPANY AND RELEASEES
(AS DEFINED ABOVE), INCLUDING, WITHOUT LIMITATION, ANY AND ALL CLAIMS AND RIGHTS
UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT; (4) NO PROMISES OR INDUCEMENTS
HAVE BEEN MADE TO YOU EXCEPT AS SET FORTH IN THIS AGREEMENT AND RELEASE; AND (5)
YOU HAVE SIGNED THIS AGREEMENT AND RELEASE FREELY, KNOWINGLY AND VOLUNTARILY,
INTENDING TO BE LEGALLY BOUND BY ITS TERMS.

ACCEPTED AND AGREED:

  /s/ David C. Anderson
-----------------------------------          ------------------
David C. Anderson                            Date

Sworn to before me this
 ___ day of ________, 200__.

-----------------------------------
Notary Public

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00055-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00055-of-00352.parquet"}]]