Document:

EX-10.2

 Exhibit 10.2 

2018 Genworth Financial, Inc. Omnibus Incentive Plan 

2019-2021 Performance Stock Unit Award Agreement 
 Dear
[Participant Name]: 
 You have been selected to receive a Performance Stock Unit Award (“Award”) under the 2018 Genworth Financial, Inc.
Omnibus Incentive Plan (the “Plan”), on the terms and conditions set forth below. 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 of Performance Stock Units. You are hereby granted performance stock units
(“Units”), representing the right to earn, on a one-for-one basis, Shares of Genworth Financial, Inc. (together with its affiliates, the
“Company”) Class A common stock (“Shares”), all in accordance with the terms of this Award Agreement, the Plan, and any rules and procedures adopted by the Management Development and Compensation Committee of
the Genworth Financial, Inc. Board of Directors (the “Committee”). The Units represent the right to earn from 0% to 200% of the Target Award, based on (i) your continued future employment, and (ii) the Company’s level
of achievement of the Performance Goals during the Performance Period, in accordance with the terms of this Award Agreement. 

  

	 	a.	 Grant Date. The Grant Date of your Units is [Grant Date]. 

 

	 	b.	 Target Award. The Target Award of Shares subject to this Award is [Number of Shares Granted].

  

	 	c.	 Performance Goals. The Performance Goals are described on Exhibit A.

  

	 	d.	 Performance Period. The Performance Period is set forth on Exhibit A..

  

	2.	 Agreement to Participate. You have been provided with this Award Agreement, and you have the
opportunity to accept this Award Agreement, by accessing and following the procedures set forth on the stock plan administrator’s website. The Plan is available for your reference on the stock plan administrator’s website. You may also
request a copy of the Plan at any time by contacting Human Resources at the address or telephone number set forth below in Section 11(a). 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 Units and/or Shares issued pursuant to the Plan and this Award Agreement. 

 If you do not wish to accept the Units and
participate in the Plan and be subject to the provisions of the Plan and 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 
  

	3.	 Earning and Vesting of Units. The Units shall not provide you with any rights or interests
therein until the Units have been earned and vested. Not later than March 15 following the end of the Performance Period (the “Vesting Date”), the Committee shall determine and certify the level of achievement of the
Performance Goals, and determine the number of Units earned and vested (“Confirmed Units”). Any Units 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. 

	4.	 Conversion to Shares. The Confirmed Units shall automatically convert to Shares on
the Vesting Date (the “Conversion Date”). These Shares will be registered on the books of the Company in your name as of the Conversion Date. 

If for any reason the Committee is unable to certify the level of achievement of the Performance Goals by March 15 following the end of
the Performance Period, then the Vesting Date shall be March 15 following the end of the Performance Period, but the determination of the number of Confirmed Units and the Conversion Date shall be delayed, in the discretion of the Committee,
for such period as may be required for the Committee to certify the level of achievement of the Performance Goals, but in no event shall the Conversion Date extend beyond December 31, 2022. 

 

	5.	 Treatment of Units Upon Termination of Employment. Subject to Section 6 below,
the Units shall be immediately and automatically cancelled upon termination of your service with the Company prior to the Vesting Date, for any reason other than (i) a severance-benefit eligible “Layoff” as defined or described in the
Genworth Layoff Payment Plan (a “Layoff”), (ii) your death or Total Disability, or (iii) Retirement on or after the first anniversary of the grant date. If your service with the Company terminates prior to the Vesting Date as a
result of (i) a Layoff, (ii) your death or Total Disability, or (iii) Retirement on or after the first anniversary of the grant date, then the Award shall fully vest as of your termination date, and you (or your estate, in the event
of your death) shall receive a pro rata payout on the regular Conversion Date, determined by multiplying the Confirmed Shares that otherwise would have paid out based on actual performance for the entire Performance Period, multiplied by a fraction,
the numerator of which is the number of full months elapsed from January 1, 2019 until the date of your termination, and the denominator of which is 36. 

For purposes of this Award Agreement, the following terms shall have the following meanings: 

“Retirement” shall mean 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. 
 “Total
Disability” means that you are unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a
continuous period of not less than 12 months. 
  

	6.	 Change of Control. In the event of a Change of Control of the Company (as defined
in the Plan), the Units shall be treated as set forth in this Section 6. 

  

	 	a.	 Qualifying Change of Control and Awards are Not Assumed. Upon the occurrence of a
Qualifying Change of Control (as defined below) on or after the first anniversary of the Grant Date in which the Successor Entity fails to Assume and Maintain this Award of Units, the Units shall immediately vest as of the effective date of such
Qualifying Change of Control; shall be deemed earned based on actual pro rata performance as of the date of such Qualifying Change of Control, to the extent such performance can be reasonably established in the sole discretion of the Committee, or
otherwise based on an assumed achievement of all relevant performance goals at “target” levels, if actual pro rata performance cannot be reasonably established in the sole discretion of the Committee; shall be distributed or paid to you
within thirty (30) days following the date of the Qualifying Change of Control pro rata based on the portion of the performance period elapsed on the date of the Qualifying Change of Control in cash, Shares (based on the value of the Shares as
of the effective date of the Change of Control), other securities, or any combination, as determined by the Committee; and shall thereafter terminate, provided that the circumstances giving rise to such Qualifying Change of Control meet the
definition of a “change in control event” under Code Section 409A. 

  

	 	b.	 Employment Termination without Cause or for Good Reason within 12 Months of a Qualifying Change of
Control. If a Qualifying Change of Control occurs and the Successor Entity 

  
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Assumes and Maintains this Award of Units, and if your service with the Successor Entity and its Affiliates is terminated on or after the first anniversary of the Grant Date by the Successor
Entity or one of its Affiliates without Cause (other than such termination resulting from your death or Total Disability) or by you for Good Reason (as such terms are defined below) within twelve (12) months following the effective date of such
Qualifying Change of Control, then the Units shall immediately vest as of the date of termination of your service with the Successor Entity and its Affiliates; shall be deemed earned based on actual pro rata performance as of the date of termination
of your service with the Company, to the extent such performance can be reasonably established in the sole discretion of the Committee, or otherwise based on an assumed achievement of all relevant performance goals at “target” levels, if
actual pro rata performance cannot be reasonably established in the sole discretion of the Committee; shall be distributed or paid to you within thirty (30) days following the date of termination of your service with the Successor Entity and
its Affiliates pro rata based on the portion of the performance period elapsed as of the termination of your service with the Successor Entity and its Affiliates; and shall thereafter terminate. 

 

	 	c.	 Employment Termination without Cause or for Good Reason within 12 Months of a Non-Qualifying Change of Control. If a Non-Qualifying Change of Control (as defined below) occurs and if your service with the Company is terminated on or after the
first anniversary of the Grant Date by the Company without Cause (other than such termination resulting from your death or Total Disability) or by you for Good Reason within twelve (12) months following the effective date of the Non-Qualifying Change of Control, then the Units shall immediately vest as of the date of termination of your service with the Company; shall be deemed earned based on actual pro rata performance as of the date of
termination of your service with the Company, to the extent such performance can be reasonably established in the sole discretion of the Committee, or otherwise based on an assumed achievement of all relevant performance goals at “target”
levels, if actual pro rata performance cannot be reasonably established in the sole discretion of the Committee; shall be distributed or paid to you within thirty (30) days following the date of termination of your service with the Company pro
rata based on the portion of the performance period elapsed on the date of the Change of Control; and shall thereafter terminate. 

  

	 	d.	 Defined Terms. For purposes of this Award Agreement: 

 

	 	(i)	 “Business Unit Sale” shall mean the Company’s sale or disposition of
all or any portion of a business unit. 

  

	 	(ii)	 “Cause” shall mean (i) your willful and continued failure to
substantially perform your duties with the Company (other than any such failure resulting from your Total Disability); (ii) your commission, conviction or pleading guilty or nolo contendere (or any similar plea or admission) to any felony or any act
of fraud, misappropriation or embezzlement; (iii) your willful engagement in conduct (other than conduct covered under clause (i) above) which, in the good faith judgment of the Committee, is injurious to the Company, monetarily or
otherwise; or (iv) your material violation or breach of any Company policy, or any noncompetition, confidentiality, or other restrictive covenant with respect to the Company, 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. 

  

	 	(iii)	 “Good Reason” shall mean any material 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. 

 

	 	(iv)	 “Non-Qualifying Change of
Control” shall mean a Change of Control of the Company (as defined in the Plan) that results from a Business Unit Sale, provided that following such Change of Control (i) the Company remains in existence as a publicly-traded
company 

  
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(separate and apart from any Successor Entity resulting from the Change of Control, and regardless of whether the Company continues to use the name “Genworth Financial, Inc.” or a
different name), (ii) your employment with the Company is not terminated by the Company without Cause in connection with the Change in Control, and (iii) the Units subject to this Award Agreement remain outstanding. 

 

	 	(v)	 “Qualifying Change of Control” shall mean a Change of Control of the
Company (as defined in the Plan) that is not a Non-Qualifying Change of Control. 

  

	7.	 Restrictive Covenants. As a condition to receiving payment of the Award, you agree
to the following: 

  

	 	a.	 Non-Disparagement. Subject to any
obligations you may have under applicable law, you will not make or cause to be made any statements that disparage, are inimical to, or damage the reputation of the Company or any of its agents, officers, directors or employees. Nothing in this
section shall limit your ability to provide truthful testimony or information in response to a subpoena, court order, or investigation by a government agency. 

 

	 	b.	 Non-Solicitation of Customers or Clients.
Unless waived in writing by the most senior Human Resources officer of the Company (or his or her successor), you will not, during and for a period of 12 months following the cessation of your employment with the Company for any reason, directly or
through another person, solicit or contact any of the customers or clients of the Company with whom you had material contact during your employment, regardless of the location of such customers or clients, for the purpose of engaging in, providing,
marketing, or selling any services or products that are competitive with the services and products being offered by the Company. 

  

	 	c.	 Non-Solicitation of Company Employees.
Unless waived in writing by the most senior Human Resources officer of the Company (or his or her successor), you will not, during and for a period of 12 months following the cessation of your employment with the Company, directly or through another
person, solicit or encourage any director, agent or employee of the Company to terminate his or her employment or other engagement with the Company. 

  

	8.	 Payment of Taxes. The Company has the authority and the right to deduct or withhold, or
require you to remit to the employer, an amount sufficient to satisfy federal, state, and local taxes (including your FICA obligation), domestic or foreign, required by law to be withheld with respect to any taxable event arising as a result of the
vesting or payment of this Award. With respect to such withholding, the employer may satisfy the tax withholding requirement by withholding Shares having a Fair Market Value as of the date that the amount of tax to be withheld is to be determined
equal to the amount required to be withheld in accordance with applicable tax requirements, all in accordance with such procedures as the Committee establishes. The obligations of the Company under this Award Agreement will be conditional on such
payment or arrangements, and the Company will, to the extent permitted by law, have the right to deduct in cash or Shares any such taxes from any payment of any kind otherwise due to you. 

 

	9.	 Nontransferability. This Award 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 Award is attempted
to be made, or if any attachment, execution, garnishment, or lien shall be attempted to be issued against or placed upon this Award, your right to receive any payment pursuant to the terms of this Award shall be immediately and automatically be
forfeited, and this Award Agreement shall be null and void. 

  

	10.	 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 Committee’s interpretation of the Plan and this Award Agreement,
and all decisions and determinations by the Committee with respect to the Plan and this Award Agreement, shall be final, binding, and conclusive on all parties. 

  
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	11.	 Limitation of Rights. The Units do not confer to you or your beneficiary, executors
or administrators any rights of a stockholder of the Company unless and until Shares are in fact issued to such person in connection with the Units. This Award Agreement shall not confer upon you any right to continuation of employment by the
Company, nor shall this Award Agreement interfere in any way with the Company’s right to terminate your employment at any time. 

  

	12.	 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. 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. 

  

	13.	 Amendment, Modification, Suspension, and Termination. Subject to the terms of the
Plan, this Award Agreement may be modified or amended by the Committee; provided that no such amendment shall materially and adversely affect your rights hereunder without your consent. Notwithstanding the foregoing, you hereby expressly agree to
any amendment to the Plan and this Award Agreement to the extent necessary to comply with applicable law or changes to applicable law (including, but not limited to, Code Section 409A) and related regulations or other guidance and federal
securities laws. 

  

	14.	 Entire Agreement; Plan Controls. This Award Agreement, the Plan, and the rules and
procedures adopted by the Committee contain all of the provisions applicable to the Award 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. In the event of any actual or alleged conflict between the provisions of the Plan and the provisions of this Award Agreement, the provisions of the Plan shall be controlling and determinative.

  

	15.	 Compensation Recoupment Policy. This Award shall be subject to any compensation recoupment
policy of the Company that is applicable by its terms to you and to Awards of this type. 

  
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	16.	 Successors. This Award Agreement shall be binding upon any successor of the Company, in
accordance with the terms of this Award Agreement and the Plan. 

 PLEASE REFER ANY QUESTIONS YOU MAY HAVE REGARDING YOUR
PERFORMANCE STOCK UNIT AWARD TO THE EXECUTIVE VICE PRESIDENT OF HUMAN RESOURCES. 

  
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 Exhibit A 

2019-2021 Performance Stock Unit Award Defined Terms 

The Performance Goals and the Performance Period will be determined by Committee as soon as reasonably practicable following the Grant Date and will be
communicated to you in writing in the form of a revised supplemental Exhibit A to this Award Agreement. 
 Special Rules for Pending
Merger with China Oceanwide 
 The Company is party to an Agreement and Plan of Merger agreement with China Oceanwide Holdings Group Co., Ltd. dated
October 21, 2016 (the “Merger Agreement”). The corporate merger contemplated by the Merger Agreement (the “Merger”) is currently expected to be completed during 2019, although this is not guaranteed (if and when
completed, the “Closing”). The following provisions are contingent upon the Closing of the Merger. 
 (1) Conversion to Cash
Award. Pursuant to the terms of the Merger Agreement, upon the Closing, the Units will convert into units the value of which is based on the merger consideration to be received for the Stock in the Merger, which is a cash amount equal to
$5.43 per share. Thus, after the Closing your Unit will represent the right to receive the number or Units earned (depending upon the achievement of the applicable performance goals) multiplied by $5.43, and subject to the other terms and
conditions of this Agreement and the Plan. 
 (2) Adjustment of Award. Pursuant to Section 4.4 of the Plan, the Committee may in its sole
discretion make such adjustments to the Award to reflect the Merger or otherwise prevent dilution or enlargement of rights or benefits thereunder, as it deems appropriate. The Committee expects that it will make adjustments to the Award to
reflect the expected impact of the Merger, which may include, without limitation, adjustments to the performance goals set forth on this Exhibit A for each of the performance measurement periods hereunder, adjustments deemed necessary or
appropriate to properly reflect the conversion to purchase GAAP accounting and any other changes in accounting rules or tax laws, and adjustments related to any reorganization or restructuring plans programs. Any such adjustment will be
communicated to you in writing, shall be binding on all persons and shall not constitute an amendment of this Award. 
 (3) Qualifying Change of
Control. For purposes of this Agreement and the Plan, the Committee has determined that the Closing of the Merger pursuant to its current terms would be a Change of Control that constitutes a “Qualifying Change of Control”
pursuant to which a “Successor Entity” will “Assume and Maintain” this Award of Units. Thus, the provisions of Section 6(b) of this Agreement, which provides special rules for the vesting of the Units upon certain
terminations of employment within 12 months following a Change of Control, will apply following the Closing.EX-10.3

 Exhibit 10.3 

2018 Genworth Financial, Inc. Omnibus Incentive Plan 

Restricted Stock Unit Award Agreement 
 Dear [Participant
Name]: 
 This Award Agreement and the 2018 Genworth Financial, Inc. Omnibus Incentive Plan (the “Plan”) together govern your rights under
this Award Agreement 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”),
which vest (become non-forfeitable) based on your continued future employment with the Company and/or certain other events, as set forth in Section 3 below. Each vested RSU entitles you to receive from
Genworth Financial, Inc. (together with its Affiliates, the “Company”) one Share of the Company’s Class A common stock (“Share”), as set forth in Section 6 below, all in accordance with the terms and
conditions 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 Awards Granted] 

 

	 	c.	 Vesting Dates. The RSUs shall not provide you with any rights or interests therein
until the RSUs vest. Unless vesting is accelerated as provided in Section 3 herein or otherwise in the discretion of the Committee as permitted under the Plan, one-third of the RSUs (rounded to a whole
Share) shall vest (become non-forfeitable) on each of the first, second and third anniversaries of the grant date (each, a “Vesting Date”), provided that you have been continuously in the
service of the Company or one through such dates. 

  

	2.	 Agreement to Participate. You have been provided with this Award Agreement, and you
have the opportunity to accept this Award Agreement, by accessing and following the procedures set forth on the stock plan administrator’s website. The Plan is available for your reference on the stock plan administrator’s website. You may
also request a copy of the Plan at any time by contacting Human Resources at the address or telephone number set forth below in Section 14(a). 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 RSUs and/or Shares issued pursuant to the Plan and this Award Agreement. 

 If you do not wish to accept the
RSUs and participate in the Plan and be subject to the provisions of the Plan and 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. 
  

	3.	 Vesting of RSUs. The RSUs have been credited to a bookkeeping account on your
behalf. The RSUs will vest and become non-forfeitable as follows: 

  

	 	a.	 Designated Vesting Dates. The RSUs will vest on the designated Vesting Dates provided in
Section 1(c), provided that you have been continuously in the service of the Company through such dates. Unvested RSUs shall be immediately cancelled upon termination of your service with the Company, except as provided in Sections 3(b), (c),
(d), (f) and (g) below. 

  
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	 	b.	 Employment Termination Due to Death or Total Disability. If your service with the
Company terminates as a result of your death or Total Disability, then all of your unvested RSUs shall immediately vest. For purposes of this Award Agreement, “Total Disability” means that you are unable to engage in any substantial
gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months. 

 

	 	c.	 Employment Termination for Retirement. If, on or after the first anniversary of the
original grant date, your service with the Company 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 unvested RSUs shall automatically vest. 

  

	 	d.	 Employment Termination Due to Layoff. If your service with the Company terminates
as a result of a severance-benefit eligible “Layoff” as defined or described in the Genworth Layoff Payment Plan, you shall continue to vest in any RSUs that vest after the Notice Date but before the Layoff Date (“Notice Date”
and “Layoff Date” as defined in the Genworth Layoff Payment Plan). Additionally, the RSUs, if any, that are scheduled to vest on the next designated Vesting Date after the Layoff Date shall vest on that Vesting Date as provided in
Section 1(c); all remaining and subsequently-vesting RSUs shall be forfeited as provided in Section 4 immediately on the Layoff Date. 

  

	 	e.	 Qualifying Change of Control and Awards
are Not Assumed. Upon the occurrence of a Qualifying Change of Control in which the Successor Entity fails to Assume and Maintain this Award of RSUs, all of your unvested RSUs shall immediately vest as of the effective date of the
Qualifying Change of Control, provided that the circumstances giving rise to such Qualifying Change of Control meet the definition of a “change in control event” under Code Section 409A. 

 

	 	f.	 Employment Termination without Cause or for Good Reason within 12 Months of a Qualifying Change of
Control. If a Qualifying Change of Control occurs and the Successor Entity Assumes and Maintains this Award of RSUs, and if your service with the Successor Entity and its Affiliates is terminated by the Successor Entity or one of its
Affiliates without Cause (other than such termination resulting from your death or Total Disability) or by you for Good Reason within twelve (12) months following the effective date of the Qualifying Change of Control, then all of your unvested
RSUs shall immediately vest as of the date of such termination of service. 

  

	 	g.	 Employment Termination without Cause or for Good Reason within 12 Months of a Non-Qualifying Change of Control. If a Non-Qualifying Change of Control occurs and if your service with the Company is terminated by the Company without Cause (other
than such termination resulting from your death or Total Disability) or by you for Good Reason within twelve (12) months following the effective date of the Non-Qualifying Change of Control, then all of
your unvested RSUs shall immediately vest as of the date of such termination of service. 

  

	4.	 Forfeiture of RSUs Upon Termination of Employment. If your employment terminates
prior to the designated Vesting Dates provided in Section 1(c) for any reason other than as described in Section 3 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. 

  

	5.	 For purposes of this Award Agreement: 

 

	 	a.	 “Business Unit Sale” shall mean the Company’s sale or disposition of
all or any portion of a business unit. 

	 	b.	 “Cause” shall mean (i) your willful and continued failure to
substantially perform your duties with the Company (other than any such failure resulting from your Total Disability); (ii) your commission, conviction or pleading guilty or nolo contendere (or any similar plea or admission) to any felony or any act
of fraud, misappropriation or embezzlement; (iii) your willful engagement in conduct (other than conduct covered under clause (i) above) which, in the good faith judgment of the Committee, is injurious to the Company, monetarily or
otherwise; or (iv) your material violation or breach of any Company policy, or any noncompetition, confidentiality, or other restrictive covenant with respect to the Company, 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. 

  

	 	c.	 “Good Reason” shall mean any material 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. 

 

	 	d.	 “Non-Qualifying Change of
Control” shall mean a Change of Control of the Company (as defined in the Plan) that results from a Business Unit Sale, provided that following such Change of Control (i) the Company remains in existence as a publicly-traded
company (separate and apart from any Successor Entity resulting from the Change of Control, and regardless of whether the Company continues to use the name “Genworth Financial, Inc.” or a different name), (ii) your employment with the
Company is not terminated by the Company without Cause in connection with the Change of Control, and (iii) the RSUs subject to this Award Agreement remain outstanding. 

 

	 	e.	 “Qualifying Change of Control” shall mean a Change of Control of the
Company (as defined in the Plan) that is not a Non-Qualifying Change of Control. 

  

	6.	 Conversion to Stock. Unless the RSUs are forfeited as provided in Section 4 above,
the RSUs will be converted to Shares on the designated Vesting Dates provided in Section 1(c), or earlier upon the occurrence of a Qualifying Change of Control in which the Successor Entity fails to Assume and Maintain this Award of RSUs as
provided in Section 3(f) (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 Award 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 Award Agreement. 
  

	7.	 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.

	8.	 Restrictive Covenants. As a condition to receiving payment of the Award, you agree
to the following: 

  

	 	a.	 Non-Disparagement. Subject to any
obligations you may have under applicable law, you will not make or cause to be made any statements that disparage, are inimical to, or damage the reputation of the Company or any of its agents, officers, directors or employees. Nothing in this
section shall limit your ability to provide truthful testimony or information in response to a subpoena, court order, or investigation by a government agency. 

 

	 	b.	 Non-Solicitation of Customers or Clients.
Unless waived in writing by the most senior Human Resources officer of the Company (or his or her successor), you will not, during and for a period of 12 months following the cessation of your employment with the Company for any reason, directly or
through another person, solicit or contact any of the customers or clients of the Company with whom you had material contact during your employment, regardless of the location of such customers or clients, for the purpose of engaging in, providing,
marketing, or selling any services or products that are competitive with the services and products being offered by the Company. 

  

	 	c.	 Non-Solicitation of Company Employees.
Unless waived in writing by the most senior Human Resources officer of the Company (or his or her successor), you will not, during and for a period of 12 months following the cessation of your employment with the Company, directly or through another
person, solicit or encourage any director, agent or employee of the Company to terminate his or her employment or other engagement with the Company. 

  

	9.	 Tax Withholding. The Company shall have the power and the right to deduct or
withhold, or require you or your beneficiary to remit to the Company, an amount in cash or Shares sufficient to satisfy federal, state, and local taxes, domestic or foreign, required by law or regulation to be withheld with respect to any taxable
event arising as a result of this Award Agreement (including “sell to cover” arrangements whereby the company has the right to sell shares on your behalf to cover the taxes). With respect to such withholding, the employer may satisfy the
tax withholding requirement by withholding Shares having a Fair Market Value as of the date that the amount of tax to be withheld is to be determined equal to the amount required to be withheld in accordance with applicable tax requirements, all in
accordance with such procedures as the Committee establishes. The obligations of the Company under this Award Agreement will be conditional on such payment or arrangements, and the Company will, to the extent permitted by law, have the right to
deduct in cash or Shares any such taxes from any payment of any kind otherwise due to you. 

  

	10.	 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. 

  

	11.	 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. 

  

	12.	 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. The Committee’s interpretation of the Plan and this
Award Agreement, and all decisions and determinations by the Committee with respect to the Plan and this Award Agreement, shall be final, binding, and conclusive on all parties. 

	13.	 No Guarantee of Employment. This Award Agreement shall not confer upon you any
right to continuation of employment by the Company, nor shall this Award Agreement interfere in any way with the Company’s right to terminate your employment at any time, for any lawful reason. 

 

	14.	 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. 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. 

  

	15.	 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. 

 

	16.	 Entire Agreement. Except as set forth in Section 18 below, 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. 

  

	17.	 Compensation Recoupment Policy. Notwithstanding Section 17 above, this Award shall be
subject to any compensation recoupment policy of the Company that is applicable by its terms to you and to Awards of this type. 

  

	18.	 Severability. The provisions of this Award Agreement are severable and if any one
or more provisions are determined to be illegal or otherwise unenforceable, in whole or in part, the remaining provisions shall nevertheless be binding and enforceable. 

Please refer any questions you may have regarding your Restricted Stock Unit grant to your local Human Resources Manager. 

Acceptance Date: Acceptance Date

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