Document:

EX-10.3

 Exhibit 10.3 

Execution Version 
 THIRD AMENDED AND RESTATED
CONSENT AGREEMENT 
 This Third Amended and Restated Consent Agreement (this “Agreement”), made this 21st day of October, 2015 (the “Execution Date”), but dated effective as of January 17, 2014 (the “Effective Date”), is by and among the Federal Home Loan Mortgage
Corporation a corporate instrumentality of the United States (“Freddie Mac”), Ditech Financial LLC, a limited liability company (formerly known as Green Tree Servicing LLC, as successor-in-interest to Ditech Mortgage Corporation),
formed and existing under the laws of the State of Delaware, whose chief executive office is located at 3000 Bayport Drive, Suite 880, Tampa, Florida 33607 (“Servicer”), Green Tree Advance Receivables III LLC, a special purpose
entity formed as a Delaware limited liability company wholly owned by Servicer (“Depositor”), Green Tree Agency Advance Funding Trust I, a Delaware statutory trust with Depositor as its sole owner (“Assignee”),
Wells Fargo Bank, N.A., not in its individual capacity but solely as indenture trustee (“Indenture Trustee”) for the Secured Parties (defined below), and Barclays Bank PLC, not in its individual capacity but solely as administrative
agent (“Administrative Agent”) pursuant to the Indenture (defined below); the foregoing entities are hereinafter referred to individually as a “Party” and collectively as the “Parties”. 

W I T N E S S E T H 

WHEREAS, on the Effective Date, Green Tree Servicing LLC (“Green Tree”), in order to obtain funding for advances subject to
reimbursement from Freddie Mac (the “Financing”), assigned to Depositor (and as of the Execution Date, Servicer, desires to continue to assign to Depositor), which in turn assigned to Assignee and will continue to assign to Assignee
(such assignments, together, being herein called the “Reimbursement Assignments”), all of Servicer’s present and future rights, as expressly set forth in, and subject to the limitations of, the Guide (defined below) and/or the
Purchase Documents (as defined in the Guide) to reimbursement for advances of delinquent principal and interest (subject to the provisions of Section 3 of this Agreement), advances of taxes and insurance, and all other advances including
foreclosure and liquidation and related expenses (collectively, the “Reimbursement Amounts”), required to be made by Servicer under the Guide and/or the Purchase Documents, including, but not limited to, the requirements of Guide
Chapter 71, and Guide Sections 76.21 and 56.10, or other replacement Sections or Chapters, if any (including, without limitation, the requirements of other Guide Chapters or Sections governing reimbursement of advances), with respect to Mortgages
serviced for Freddie Mac under Seller/Servicer Numbers 158586, 172485, and 178631 related to the Mortgage loans specifically identified in Schedule A hereto, as such Schedule may be amended from time to time (such rights and Reimbursement
Amounts are herein collectively called the “Reimbursement Rights”), which Schedule A is in the form of a print-out of an exchange of e-mails between Servicer and Freddie Mac (the “E-Mail Exchange”), with an
attached spread sheet identifying, by Freddie Mac loan number, the applicable Mortgage loans subject to this Agreement, as such spread sheet may be amended by mutual agreement signed by all Parties hereto; 

  
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 WHEREAS, Green Tree, Assignee, Indenture Trustee and Administrative Agent entered into an
Indenture dated as of January 16, 2014 (the “Initial Indenture”) pursuant to which, among other things, Assignee granted to Indenture Trustee, on behalf of the Secured Parties (as defined in the Indenture), a security interest
in, among other things, the Reimbursement Rights (such pledge of the Reimbursement Rights under the Initial Indenture, together with the Reimbursement Assignments, the “Reimbursement Assignments and Pledge”); 

WHEREAS, Assignee, Depositor, Green Tree, Indenture Trustee, Administrative Agent and Freddie Mac entered into a Consent Agreement dated
January 17, 2014 (the “Initial Consent Agreement”) for the purposes provided in such agreement, with respect to the Initial Indenture; 

WHEREAS, Assignee, Green Tree, Indenture Trustee, and Administrative Agent, entered into (a) an Amended and Restated Indenture,
dated as of December 19, 2014, which amended and restated the Initial Indenture, and (b) a Series 2014-VF2 Indenture Supplement, dated as of December 19, 2014 (collectively, the “Amended and Restated Indenture”); 

WHEREAS, Assignee, Depositor, Green Tree, Indenture Trustee, Administrative Agent and Freddie Mac entered into an Amended and Restated Consent
Agreement, dated March 6, 2015 (the “Amended and Restated Consent Agreement”) for the purposes provided in such agreement, with respect to the Amended and Restated Indenture; 

WHEREAS, Green Tree executed and delivered that certain Designation Letter (the “July 2015 Designation Letter”), dated as of
July 13, 2015, executed by Green Tree, and acknowledged by Administrative Agent, Depositor, and Issuer, which supplemented the Amended and Restated Consent Agreement pursuant to the terms provided in the July 2015 Designation Letter; 

WHEREAS, Assignee, Depositor, Green Tree, Indenture Trustee, Administrative Agent and Freddie Mac entered into a Second Amended and Restated
Consent Agreement, dated June 13, 2015 (the “Second Amended and Restated Consent Agreement”) for the purposes provided in such agreement, with respect to the Amended and Restated Indenture and 2015 Designation Letter; 

WHEREAS, Assignee, Servicer, Indenture Trustee, and Administrative Agent, have entered into (a) that certain Second Amended and Restated
Indenture, dated as of October 21, 2015, (b) that certain Amended and Restated Series 2014-VF2 Indenture Supplement, dated as of October 21, 2015, (c) that certain Series 2015-T1 Indenture Supplement, dated as of October 21,
2015, and (d) that certain Series 2015-T2 Indenture Supplement, dated as of October 21, 2015 (collectively, as such agreements may be amended, modified, or supplemented from time to time in accordance with the express terms provided
therein and in this Agreement, the “Indenture”); 
 WHEREAS, under the terms of the Freddie Mac Single-Family
Seller/Servicer Guide (as amended from time to time, the “Guide”), to which Servicer is a party, Freddie Mac’s consent is required with respect to the grant of such Reimbursement Assignments and Pledge; 

  
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 WHEREAS, Servicer has requested that Freddie Mac consent to (a) Servicer’s
reaffirmation of the assignment of the Reimbursement Rights to Depositor and Depositor’s assignment of the Reimbursement Rights to Assignee, in each case pursuant to the terms and provisions of the Receivables Sale Agreement (as defined in the
Indenture) and the Receivables Pooling Agreement (as defined in the Indenture), as applicable, and (b) Assignee’s reaffirmation of the grant of the Reimbursement Assignments and Pledge pursuant to the terms and provisions of the Indenture,
and Freddie Mac is willing to do so, in consideration of the acknowledgments, promises, undertakings, covenants, warranties and representations on the part of Servicer set forth in this Agreement; and 

WHEREAS, Assignee, Depositor, Servicer, Indenture Trustee, and Freddie Mac have agreed to execute and deliver this Agreement to amend the
Second Amended and Restated Consent Agreement by complete restatement. 
 NOW, THEREFORE, for good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the Parties hereto agree as follows: 
 1. Recitals; Exhibits; Consent to Reimbursement
Assignments and Pledge; Amendment by Complete Restatement. (a) The recitals above and all exhibits attached to this Agreement are each hereby incorporated into this Agreement by this reference, as a substantive contractual part of this
Agreement. In reliance upon the covenants, representations and warranties of Servicer set forth in this Agreement and/or in the Purchase Documents, and subject to the terms and conditions stated herein, Freddie Mac consents to
(i) Servicer’s assignment of the Reimbursement Rights to Depositor, (ii) Depositor’s assignment of the Reimbursement Rights to Assignee, in each case pursuant to the terms and provisions of the Receivables Sale Agreement (as
defined in the Indenture) and the Receivables Pooling Agreement (as defined in the Indenture), as applicable, and (iii) Assignee’s grant of the Reimbursement Assignments and Pledge. Servicer agrees to provide, from time to time, promptly
upon request, such information as Freddie Mac may reasonably request, including (without limitation) the identity of Assignee, the information outlined on Schedule B (including updates of same), and the terms and conditions of the
Reimbursement Assignments and Pledge and the structured finance arrangement pursuant to which the Financing will occur, provided, however, that Servicer shall not be obligated to disclose the interest rate or other confidential pricing information
regarding such structured finance arrangement. The execution and delivery of this Agreement by Servicer constitutes notice to Freddie Mac of such assignments and pledges, and the execution and delivery of this Agreement by Freddie Mac constitutes
acknowledgment that Freddie Mac has received such information to grant its consent, including without limitation the terms and conditions of the Reimbursement Assignments and Pledge and the structured finance arrangement pursuant to which such
Reimbursement Assignments are financed. 
 (b) Freddie Mac hereby acknowledges and consents, subject to the terms, provisions and conditions of this
Agreement, that prior to the Termination Date (as defined below), Freddie Mac will not consent to (x) the assignment by Servicer of the Reimbursement Rights to any party (other than a Party to this Agreement), or (y) any other transaction
with any party that is not a Party to this Agreement relating to Servicer’s rights with respect to the Reimbursement Rights (including, without limitation, any transaction evidenced by a consent agreement in form and

  
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substance comparable to this Agreement). “Termination Date” means the earlier to occur of (i) payment in full by Freddie Mac or other reimbursement of all outstanding
Reimbursement Amounts (which payment shall be made as and when required by the Guide and/or any other applicable Purchase Documents absent the existence of an assignment of the Reimbursement Rights but without regard to any default by the Servicer)
following termination by Freddie Mac as contemplated in Section 7 of this Agreement or pursuant to Section 17 of this Agreement, and (ii) the provision by Indenture Trustee, on behalf of the Secured Parties, of a written
notice to Freddie Mac (the “Indenture Trustee Final Notice”) that the Indenture has been satisfied and discharged in full (from whatever source), provided that (I) Indenture Trustee shall give Freddie Mac prompt written notice
of the satisfaction and discharge in full of the Indenture, and (II) Freddie Mac shall be entitled, from time to time, to submit a written inquiry to Indenture Trustee as to whether the satisfaction and discharge in full of the Indenture has
occurred. 
 (c) This Agreement amends the Second Amended and Restated Consent Agreement by complete restatement in compliance with Section 10 of the
Second Amended and Restated Consent Agreement. 
 2. Freddie Mac’s Subordination of Right of Setoff. Notwithstanding anything to
the contrary in the Guide, Freddie Mac, Servicer, Depositor, Assignee, and Indenture Trustee agree that to the extent of the Financing, Freddie Mac will not set off or net any claims it might have against Servicer or any Affiliate of Servicer (as
defined below), or payments due to Freddie Mac from Servicer or any Affiliate of Servicer, from (i) reimbursements Freddie Mac owes to Servicer or any Affiliate of Servicer, on account of the Reimbursement Rights, (ii) amounts that
Servicer receives from a transferee servicer pursuant to Sections 56.10(c) and (d) of the Guide on account of Reimbursement Rights, or (iii) amounts that Servicer receives upon subsequent receipt of any Principal and Interest Payments (as
such term is defined in the Guide), on account of the Reimbursement Rights; provided however, that Indenture Trustee agrees that if Servicer receives reimbursements as described in (ii) and (iii) above in this sentence, and such
payments are duplicative (that is, Servicer is being reimbursed twice for the same advances), then Indenture Trustee will within five (5) Business Days of the Indenture Trustee’s receipt of written notice of such duplicative payment from
Servicer or Freddie Mac, return the excess payments to Freddie Mac via the wiring instructions attached hereto as Schedule D. As used herein, (x) “Affiliate of Servicer” means, with respect to Servicer, any Person
directly or indirectly controlling, controlled by or under common control with Servicer, (y) “Person” means an individual, corporation, limited liability company, partnership, joint venture, trust or unincorporated
organization), and (z) “Agent” means any sub-servicer or agent of Servicer, to the extent such Agent’s role as sub-servicer or agent of Servicer with respect to the Mortgage loans specified in Schedule A, including
without limitation any Agent who makes advances or manages Servicer’s custodial accounts and remittances for Servicer, or any Agent who makes claims for reimbursement or other collection of Reimbursement Amounts for Servicer. Upon the earlier
to occur of (A) the payment in full (from whatever source) of the Notes (as defined in the Indenture), or (B) Freddie Mac’s receipt of an Indenture Trustee Final Notice, Freddie Mac may, in its sole and absolute discretion, set
off against the Reimbursement Rights (that is, subtract from the amount of the Reimbursement Rights) the amounts of any and all damages, fees, costs and expenses relating to defaults and/or outstanding obligations of Servicer (and/or of any
Affiliate of Servicer) due and owing to Freddie Mac, including, but not limited to, amounts owed 

  
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to Freddie Mac for any mortgage loan repurchases or claim amounts arising under any other agreement between Servicer (and/or of any Affiliate of Servicer) and Freddie Mac. Servicer and Freddie
Mac each acknowledge that all advances and related Reimbursement Rights and Reimbursement Amounts are owned by Servicer and not by any Agent, notwithstanding that Agent may have disbursed the advances and notwithstanding any claims by Agent for
reimbursement. 
 3. Payment to Servicer. During the term of this Agreement, all payments, if any, made by Freddie Mac relating to
the Reimbursement Rights will be paid directly to the account described in Schedule C hereto (the “Clearing Account”), and Indenture Trustee and Administrative Agent each expressly acknowledge their understanding that the
Clearing Account is not a blocked or restricted account subject to control in favor of a secured party. Servicer, Depositor, Assignee, Administrative Agent, and Indenture Trustee will be deemed, by virtue of their execution of this Agreement, to
have specifically authorized and irrevocably consented to any directed payment of the Reimbursement Rights to the Clearing Account until such time as any other written notice shall have been delivered by Indenture Trustee to Freddie Mac which
directs all payments, if any, by Freddie Mac relating to Reimbursement Rights to another account, or the Indenture Trustee Final Notice shall have been delivered. The Servicer, the Depositor and the Assignee hereby authorize Freddie Mac to accept
the written instructions of the Indenture Trustee with respect to payments to the Clearing Account, or the direction to make payments to another account, all in accordance with the Transaction Documents. Freddie Mac will have no obligation to
confirm with the Servicer or Indenture Trustee any such direction or payment made by Freddie Mac relating to the Reimbursement Rights arising out of or relating to this Agreement. For the avoidance of doubt, (i) the Guide requires that Freddie
Mac remit to Servicer reimbursement for advances of taxes and insurance and certain other advances, including foreclosure and liquidation and related expenses, required to be made or incurred by Servicer pursuant to the Guide and/or the Purchase
Documents; and (ii) although the definition of “Reimbursement Amounts” does include the reimbursement of advances for delinquent principal and interest payments required to be made by Servicer pursuant to the Guide and/or the Purchase
Documents, any such reimbursement from Freddie Mac will be in the form of either (A) crediting delinquent Principal and Interest Payments (as such term is defined in the Guide) advanced with respect to the Mortgage loans against amounts
otherwise required to be remitted by Servicer to Freddie Mac, in which case the old advances shall be deemed reimbursed and the full amount of the new advances without regard to the credit shall be deemed to have been remitted, such that Servicer
shall remain entitled to reimbursement of the new advance amount as if such new advance amount had been an out-of-pocket payment, or (B) permitting Servicer to reimburse itself for delinquent principal and interest advanced with respect to the
Mortgage loans by netting those amounts from amounts otherwise required to be remitted by Servicer to Freddie Mac, which, in the case of any crediting contemplated by clause (A) above, the old advances shall be deemed reimbursed and the full
amount of the new advances without regard to the amount netted shall be deemed to have been remitted, such that Servicer shall remain entitled to reimbursement of the new advance amount as if such new advance amount had been an out-of-pocket
payment. Issuer, Depositor and Servicer acknowledge and agree that, to the extent not previously reimbursed in cash, such amounts credited or netted with respect to delinquent principal and interest advanced shall be deposited by Servicer directly
into the Collection and Funding Account (as defined in the Indenture) for the benefit of the Secured Parties in accordance with the terms of the Indenture. 

  
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 4. Purpose of Reimbursement Assignment; No Additional Interests in Reimbursement Rights.
Servicer, Depositor, and Assignee covenant to Freddie Mac that the Reimbursement Assignments and Pledge will only be made pursuant to the terms of this Agreement and the Indenture, provided that in the event of a conflict between this Agreement and
the Indenture, the provisions of this Agreement shall prevail. Servicer, Depositor, and Assignee each represents, warrants and covenants (as applicable to each such entity) that, other than the Reimbursement Assignments and Pledge, none of such
entities has, or will, sell, grant or convey to any other Person any interest whatsoever in the Reimbursement Rights; provided, that, upon the occurrence and during the continuance of an “Event of Default” under the Indenture,
Indenture Trustee may, in connection with the enforcement of the Reimbursement Assignments and Pledge and its exercise of remedies pursuant to the Transaction Documents and applicable law, including, without limitation, applicable provisions of the
Uniform Commercial Code (“UCC”), sell the Reimbursement Rights to an approved Freddie Mac Seller/Servicer or such other person or entity approved in writing by Freddie Mac in advance of such conveyance, which approval may be granted
or withheld by Freddie Mac in its sole and absolute discretion. 
 5. Filing of Financing Statement. In recognition of the structured
finance arrangement discussed herein, Servicer, Depositor and Assignee agree to insert (and Freddie Mac agrees not to object to) language similar to that presented below in any new financing statement filed after the Execution Date by Indenture
Trustee or Servicer, naming Servicer or Issuer as debtor, under the UCC with respect to the Reimbursement Assignments and Pledge: 

“The Security Interest perfected by this financing statement is subject and subordinate, in each and every respect, to all rights, powers,
and prerogatives of Freddie Mac under and in connection with (i) the terms and conditions of that certain Third Amended and Restated Consent Agreement, dated as of October 21, 2015 (as may be amended or modified from time to time in
accordance with its express terms, the ‘Consent Agreement’), with respect to the ‘Reimbursement Assignments and Pledge’ of the ‘Reimbursement Rights’ (as such terms are defined in the Consent Agreement), by and
among Freddie Mac, Ditech Financial LLC, Green Tree Advance Receivables III LLC, Green Tree Agency Advance Funding Trust I (acting through Wilmington Trust, National Association, its Owner Trustee), Wells Fargo Bank, N.A. and Barclays Bank PLC,
(ii) the terms and conditions of the Purchase Documents as defined in the Freddie Mac Single Family Seller/Servicer Guide, as it may be amended from time to time, other than as set forth pursuant to the express terms and provisions of the
Consent Agreement, and (iii) all claims of Freddie Mac arising out of or relating to any and all breaches, defaults and outstanding obligations of debtor to Freddie Mac.” 

6. Non-Applicability of Transaction Documents. Each of the Parties agrees, and expressly acknowledges its understanding, that Freddie
Mac shall not be bound in any way whatsoever by any terms or provisions of the Indenture or any other transaction document pursuant to which the Reimbursement Assignments and Pledge are created (the Indenture and

  
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any such other agreement are herein called the “Transaction Documents”), and that in the event of an actual or apparent conflict between the provisions of the Transaction
Documents and the provisions of this Agreement with respect to the respective rights or obligations of Servicer, Depositor or Assignee, the provisions of this Agreement shall govern. Furthermore, each of the Parties hereto (other than Freddie Mac)
covenants and agrees not to amend, modify or supplement the Indenture or any other Transaction Document without the express prior written consent of Freddie Mac, which consent may be granted or withheld in Freddie Mac’s sole and absolute
discretion; if Freddie Mac determines that any such amendment, modification or supplement would not be materially adverse to Freddie Mac in any respect, including without limitation, with respect to Freddie Mac’s rights and agreements
hereunder, then Freddie Mac will grant such consent as soon as reasonably practicable. 
 7. Continuation of Security Interest in
Proceeds. Each of the Parties agrees, and expressly acknowledges its understanding, that if Freddie Mac exercises its right to suspend or terminate Servicer’s eligibility to service Mortgage loans for Freddie Mac, the Reimbursement
Assignments and Pledge shall continue in full force with respect to the Reimbursement Rights, subject to the terms of this Agreement. Freddie Mac agrees that (i) if Servicer is terminated by Freddie Mac (or Servicer’s servicing rights
related to the Reimbursement Rights are otherwise transferred away from Servicer) pursuant to the terms and provisions of the Purchase Documents, (ii) Servicer voluntarily resigns as servicer under the Purchase Documents with respect to any of
the Mortgage loans identified on Schedule A, or (iii) Servicer, Depositor and/or Assignee defaults under the Indenture or any related Transaction Documents, then the Reimbursement Rights shall be vested in Assignee (but only to the
extent that such Reimbursement Rights would, under the Guide and/or any other applicable Purchase Documents, have been vested, as of the applicable date of any such termination or transfer of servicing, in Servicer absent the existence of the
Reimbursement Assignments and Pledge), and as promptly as practicable, and in any event within ten (10) calendar days, after Freddie Mac’s giving or receipt (as applicable) of notice of any such occurrence, Freddie Mac shall make
commercially reasonable efforts to (x) provide that all payments made or amounts payable by Freddie Mac in respect of the Reimbursement Rights (which payments shall be made as and when required pursuant to the Guide and/or any other applicable
Purchase Documents absent the existence of the assignment of the Reimbursement Rights) shall be made to the Clearing Account and, if applicable, prior to any advance reimbursement payments made to the successor servicer, and (y) enforce the
provisions of Guide Section 56.10 and the requirement that the successor servicer pay in full the aggregate Reimbursement Rights outstanding as of the date of transfer, including but not limited to all delinquent interest (net of prepaid
interest) and delinquent principal advanced (net of prepaid principal) to Freddie Mac by Servicer as of the effective date of the servicing transfer and direct such successor servicer to remit such amounts to the Clearing Account. Freddie Mac hereby
agrees that it shall endeavor to provide each of Depositor, Assignee, Indenture Trustee and the Administrative Agent, with any notice of Servicer termination or notice of the voluntary resignation of Servicer within ten (10) calendar days
following the date thereof; provided, however, that Freddie Mac will not be liable to any Party for failure to provide such notice by such deadline. Assignee hereby agrees that it shall promptly provide Freddie Mac with notice of
the occurrence of any “Event of Default” under the Indenture or any other Transaction Document. 

  
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 8. Participations and Assignments. The holder of any Notes (as defined in the
Indenture) issued pursuant to the Indenture (or, if any holder of any Notes issued pursuant to the Indenture sells one or more participations in such Notes, or assigns a portion of such Notes or otherwise enters into any arrangement
whereby one or more entities have rights by, through, or with, such holder with respect to the security interest created pursuant to the Reimbursement Assignments and Pledge, any such participants and assignees) shall benefit under
this Agreement solely through (and the rights of any such participants and assignees shall be derived solely from) Assignee and Indenture Trustee. Freddie Mac’s only obligations relative to the Reimbursement Assignments and Pledge are as
expressly set forth in this Agreement, and (i) Freddie Mac shall have no liability to, and no obligation hereunder to deal with, any holder of, or any such participant or assignee in, the Notes made pursuant to the Indenture, and
(ii) Servicer hereby indemnifies Freddie Mac from and against any and all loss, costs, damages and expenses (including, without limitation, attorneys’ fees and costs) arising out of or relating to any claim made by any such holder,
participant or assignee in a manner other than as described in this Section 8. 
 9. Entire Agreement. This Agreement
constitutes the entire agreement among the Parties concerning the subject matter hereof, and supersedes any and all prior representations, statements, discussions and negotiations concerning such agreements and the subject matter hereof which may
have been made or which may have occurred prior to or contemporaneous with the execution of this Agreement. 
 10. Amendments; Defined
Terms. This Agreement may not be amended, and none of its terms may be modified or waived, except by a writing that specifically refers to this Agreement and that expressly states that it constitutes an amendment, modification or waiver to this
Agreement, and which is signed by the Party or Parties against whom enforcement of the amendment, modification or waiver is sought. Capitalized terms not defined in this Agreement shall have the meanings ascribed to them in the Guide. 

11. Severability. If any term or provision of this Agreement shall be held to be invalid or unenforceable by a court of competent
jurisdiction, the validity and enforceability of all of the remaining provisions of this Agreement shall not be affected, and the rights and obligations of the Parties shall be construed and enforced as if this Agreement did not contain the
particular term or provision held to be invalid or unenforceable. 
 12. Rights Cumulative. All rights granted to Freddie Mac
hereunder shall be cumulative and shall be in addition to any other rights that Freddie Mac may have under the Purchase Documents, at law or in equity. Except as otherwise expressly set forth in this Agreement, nothing in this Agreement is intended
to or shall be construed to amend or modify any of the terms or provisions of the Purchase Documents or any other agreements between Servicer and Freddie Mac. 

13. No Waiver. Neither delay on the part of Freddie Mac in the exercise any of its rights hereunder, nor any partial exercise of any
such right, shall constitute a waiver of such right or of any other rights of Freddie Mac under this Agreement. 

  
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 14. Successors and Assigns; Third Party Beneficiaries. This Agreement shall be binding
upon, and shall inure to the benefit of, the Parties hereto and their respective successors and assigns. Notwithstanding anything herein to the contrary, it is understood and agreed that none of Servicer, Depositor or Assignee shall have any rights
to direct Freddie Mac in any way pursuant to this Agreement or to bring any action or proceeding against Freddie Mac pursuant to this Agreement to enforce any of Freddie Mac’s obligations hereunder, and only Indenture Trustee shall have the
right to provide such direction or to bring any action against Freddie Mac pursuant to this Agreement to enforce any of Freddie Mac’s obligations hereunder. 

15. Representations and Warranties. Servicer, Depositor and Assignee each hereby represents and warrants to Freddie Mac that, as of the
Effective Date and Execution Date, it: 
 (a) had no present intention of filing any petition under, initiating any proceeding under, or
otherwise seeking the protection of, the United States Bankruptcy Code or any state law concerning bankruptcy; reorganization, insolvency, moratorium, receivership or creditor’s rights or debtor’s obligations generally, or making an
assignment for the benefit of creditors, or entering into a composition or similar agreement; 
 (b) was not insolvent within the meaning of
11 U.S.C. §101 (32); 
 (c) did not undertake the Reimbursement Assignments and Pledge with actual intent to hinder, delay or defraud
any entity to which the Servicer was or became indebted on or after the date of the Reimbursement Assignments and Pledge; 
 (d) will not
benefit any insider of Servicer within the meaning of 11 U.S.C. §101(31) by virtue of the Reimbursement Assignments and Pledge; 
 (e)
had received reasonably equivalent value in exchange for undertaking the Reimbursement Assignments and Pledge; and 
 (f) did not intend to
incur, or did not believe that it would incur, debts that would be beyond Servicer’s ability to pay as such debts matured. 
 The applicable
Party’s respective representations and warranties in this Section shall survive the execution and delivery of this Agreement and are a material inducement to Freddie Mac without which Freddie Mac would not have entered into this Agreement and
upon which Freddie Mac is entitled to rely. 
 16. Assignment Only with Freddie Mac’s Consent. None of Servicer, Depositor,
Assignee nor Indenture Trustee may assign its rights or obligations under this Agreement without Freddie Mac’s prior written consent (except the pledge by Assignee to Indenture Trustee), which consent may be granted or withheld in Freddie
Mac’s sole and absolute discretion. 
 17. Term and Renewal of Agreement. The term of this Agreement shall automatically renew
for successive annual terms from and after the Execution Date; provided, 

  
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however, that Freddie Mac reserves the right, at its discretion, to terminate this Agreement upon at least thirty (30) calendar days’ prior written notice to Servicer, Depositor,
Assignee, Administrative Agent, and Indenture Trustee, it being understood that a termination under this Section 17 shall only apply to Reimbursement Rights arising after the date of such termination such that this Agreement shall remain
effective as to any Reimbursement Rights subject to the Transaction Documents prior to the expiration of the term of this Agreement. 
 18.
Governing Law. This Agreement and the rights and obligations of the Parties hereunder shall be construed in accordance with and governed by the laws of the United States. Insofar as there may be no applicable precedent, and insofar as to do
so will not frustrate the purposes of this Agreement or the transactions governed hereby, the local laws of the State of New York shall be deemed reflective of the laws of the United States (without reference to the conflicts of laws principles
thereof other than Sections 5-1401 and 5-1402 of the New York General Obligations Law). Time is of the essence as to the deadlines and timeframes referenced in this Agreement. 

19. INTENTIONALLY OMITTED. 
 20.
For the Avoidance of Doubt. The Parties hereto agree that, notwithstanding anything to the contrary herein, the terms and provisions of this Agreement do not provide, and shall not be interpreted to provide, for the assignment or
conveyance of any part or all of the conditional, non-delegable right of Servicer to service the Mortgage loans identified in Schedule A hereto under the Guide and/or the Purchase Documents or of any proceeds resulting from the sale or
transfer of such rights to service those Mortgage loans under the Guide or Purchase Documents. 
 21. Reporting Obligations of
Servicer. Servicer hereby agrees to provide to Freddie Mac (to the attention of Director – Servicing Capital Markets, Freddie Mac, 8200 Jones Branch Drive, Mail Stop 343, McLean Virginia 22102, or at such other addresses as Freddie Mac may
from time to time designate pursuant to written notice), on or before the twentieth (20th) day (or, if such day is not a Business Day (as defined in the Guide), the next succeeding Business Day) of each calendar month after the Effective Date,
a written report containing: (i) all then-outstanding amounts secured by the Reimbursements Assignments and Pledge; (ii) a cumulative statement showing the dates and amounts of all advances secured by the Reimbursements Assignments and
Pledge; (iii) any notice of default or event of default received or sent by Servicer in connection with the Indenture and/or any other Transaction Document; and (iv) such other information or documents that Freddie Mac may reasonably
request in connection with the Indenture and/or any other Transaction Document and/or this Agreement. 
 22. Counterparts. This
Agreement may be executed in any number of counterparts and by different Parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original (whether such counterpart is originally executed or an electronic copy
of an original) and all of which when taken together shall constitute one and the same agreement. The Parties hereto agree that delivery of a counterpart of a signature page to this Agreement by facsimile or electronic transmission shall be
effective as delivery of an original executed counterpart of this Agreement. 

  
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 23. Notice. All notices that are required or are permitted under this Agreement shall be
in writing and shall be: (i) hand-delivered; (ii) mailed by certified or registered U.S. Mail, return receipt requested, first class postage prepaid; or (iii) sent via overnight courier to the Parties as follows: 

 

	
	if to Freddie Mac:
	
	Freddie Mac
	Single-Family Business and Information Technology
	8200 Jones Branch Drive, MS 343
	McLean, Virginia 22102-3110
	 Attention: Director, Servicing Capital Markets
  

with a copy to:

	
	Legal Division
	Freddie Mac
	8200 Jones Branch Drive, MS 210
	 McLean, Virginia 22102
 Attention: Vice
President and Deputy General Counsel, Single Family Real Estate
  
 if to
Servicer:

	
	Ditech Financial LLC
	3000 Bayport Drive, Suite 880
	Tampa, Florida 33607
	 Attention: President
  

with a copy to:

	
	Ditech Financial LLC
	1100 Virginia Drive, Suite 100
	Fort Washington, Pennsylvania 19034
	 Attention: General Counsel
  

if to Depositor:

	
	Ditech Financial LLC
	1100 Virginia Drive, Suite 100
	Fort Washington, Pennsylvania 19034
	Attention: General Counsel

  
 11 

	
	if to Assignee:
	
	Ditech Financial LLC
	1100 Virginia Drive, Suite 100
	Fort Washington, Pennsylvania 19034
	 Attention: General Counsel
  

if to Indenture Trustee:

	
	9062 Old Annapolis Road
	Columbia, Maryland 21045-1951
	 Attention: Corporate Trust Services, Green Tree Agency Advance Funding Trust I, Series 2014-VF2

 
 if to Administrative Agent:

	
	Barclays Bank PLC
	745 Seventh Avenue
	New York, New York 10019
	Attention: Joseph O’Doherty

 or to such other address as any Party shall designate by written notice to the other Party in the manner provided herein. 

24. Confidentiality. Except as otherwise expressly agreed in writing by the other Parties hereto, no Party to this Agreement shall
issue or cause to be issued any announcement, press release, or other statement, or shall voluntarily disclose information concerning this Agreement to the press or the general public. The foregoing shall not be deemed to prevent a Party from
disclosing this Agreement or the terms hereof: (i) in response to a court order, subpoena, or other demand or request made in accordance with applicable law by a governmental or quasi-governmental body having jurisdiction over such Party (including,
without limitation, the Federal Housing Finance Agency), or as otherwise required by applicable law (including, without limitation, applicable Federal securities law), or as that Party may deem reasonably necessary as part of its filings of SEC
Forms 8-K, 10-Q or 10-K and related disclosures to investors (each Party will provide an advance copy to the other Parties of appropriate excerpts of any such disclosure relating to this Agreement, except for non-public disclosures to private
investors on a confidential basis); or (ii) to such Party’s subsidiaries, affiliates, officers, agents, representatives, attorneys, accountants, auditors, successors, and assigns, and to qualified bidders or investors in connection with
the sale of such Party or its assets, who have a need to know. 
 25. Owner Trustee Limitation of Liability. It is expressly
understood and agreed by the Parties hereto that (a) this Agreement is executed and delivered by Wilmington Trust, National Association, not individually or personally, but solely as Owner Trustee of Assignee under its Trust Agreement (as
defined in the Indenture), in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements 

  
 12 

 
herein made on the part of Assignee is made and intended not as a personal representation, undertaking and agreement by Wilmington Trust, National Association but is made and intended for the
purpose of binding only Assignee, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association, individually or personally, to perform any covenant either expressed or implied contained
herein, all such liability, if any, being expressly waived by the Parties hereto and by any Person claiming by, through or under the Parties hereto and (d) under no circumstances shall Wilmington Trust, National Association be personally liable
for the payment of any indebtedness or expenses of Assignee or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by Assignee under this Agreement or any related agreement. 

26. Capacity of Indenture Trustee. It is expressly understood and agreed by the Parties hereto that (a) this Agreement is executed
and delivered by Wells Fargo Bank, N.A., not individually or personally, but solely as Indenture Trustee, for and on behalf of the Secured Parties, (b) each of Indenture Trustee’s representations, undertakings and agreements herein are
made on behalf of the Secured Parties and are made and intended not as a personal representation, undertaking and agreement by Indenture Trustee, (c) under no circumstances shall Indenture Trustee be personally liable for the payment of any
obligation or be liable (absent Indenture Trustee’s willful misconduct, fraud or gross negligence) for the breach or failure of any obligation or covenant made or undertaken by it under this Agreement. 

[Signatures appear on following pages] 

  
 13 

 IN WITNESS WHEREOF, the Parties hereto have caused this Third Amended and Restated Consent
Agreement to be executed and delivered by their duly authorized signatories as of the Effective Date. 
  

	
	FEDERAL HOME LOAN MORTGAGE CORPORATION
	
	 /s/ Yvette Gilmore

	By (Signature)
	
	 Yvette Gilmore

	Typed Name
	
	 VP Servicer Performance Mgmt.

	Typed Title
	
	DITECH FINANCIAL LLC
	
	 /s/ Cheryl A. Collins

	By (Signature)
	
	 Cheryl A. Collins

	Typed Name
	
	 Senior Vice President and Treasurer

	Typed Title
	
	GREEN TREE ADVANCE RECEIVABLES III LLC
	
	 /s/ Cheryl A. Collins

	By (Signature)
	
	 Cheryl A. Collins

	Typed Name
	
	 Senior Vice President and Treasurer

	Typed Title

  
 Signature Page to Third
Amended and Restated Consent Agreement 

 
			
	GREEN TREE AGENCY ADVANCE FUNDING TRUST I
		
	By:	 	Wilmington Trust, National Association, not in its individual capacity but solely as Owner Trustee
	
	 /s/ Dorri Costello

	By (Signature)
	
	 Dorri Costello

	Typed Name
	
	 Vice President

	Typed Title
	
	WELLS FARGO BANK, N.A., not in its individual capacity, but solely as Indenture Trustee
	
	 /s/ Mark DeFabio

	By (Signature)
	
	 Mark DeFabio

	Typed Name
	
	 Vice President

	Typed Title
	
	 BARCLAYS BANK PLC,
 as
Administrative Agent

	
	 /s/ Trevor D. Moffitt

	By (Signature)
	
	 Trevor D. Moffitt

	Typed Name
	
	 Director

	Typed Title

  
 Signature Page to Third
Amended and Restated Consent Agreement 

 Schedule A 

Copy of “Email Exchange” 

E-Mail Exchange Attached; Loan List (referred to in E-Mail Exchange) on File 

See Attached. 

 

 
 Jin, Guocheng 
From: Jin, Guocheng 
Sent: Thursday, October 15, 2015 10:27 AM 
To: ‘Pieter Vanzyl’ 
Cc: Jahagirdar, Om; Wiseman, Brett W; McKitty, Tricia 
Subject: RE: Ditech (f/k/a/ Green Tree)
- 3rd A/R Consent Agreement 
Pieter, 
I confirm the receipt the list of 155,841
loans related to the Ditech 3rd A/R Consent Agreement. This email exchange will be included in Exhibit A of the Consent Agreement. 
Seller/Servicer Number Loan
Count 
158586 53,999 
172485 51,166 
178631 50,676 
Grand Total 155,841 
Thanks, 
Guocheng (George) Jin, CFA 
Servicing Capital Markets Transactions Single Family Portfolio Management Freddie Mac 703.903.2674 703.470.7757 
From: Jahagirdar, Om 
Sent: Thursday, October 15, 2015 10:18 AM To: Jin, Guocheng; Wiseman,
Brett W 
Subject: FW: Ditech (f/k/a/ Green Tree) - 3rd A/R Consent Agreement 
I
believe this is the loan file. 
Om Jahagirdar 
Associate General Counsel

Legal Division: Single-Family Real Estate 
703.903.2384 (office) 
om_jahagirdar@freddiemac.com 
8200 Jones Branch Drive, MS 210 
McLean, VA 22102 
Our Commitment: We’re making a difference and moving housing forward.

Learn more 
The information transmitted in this e-mail is for the exclusive
use of the 
1 

 

 
 person or entity to which it is addressed an may contain legally privileged or confidential information. If you are not the intended
recipient of this e-mail, you are prohibited from reading, printing, duplicating, disseminating or otherwise using or acting in reliance upon this e-mail or any information contained herein. If you have received this e-mail in error, please notify
the sender at Freddie Mac immediately, delete this e-mail from your computer and destroy all copies of this e-mail 
From: Pieter Vanzyl
[mailto:pieter.vanzyl@ditech.com] Sent: Thursday, October 15, 2015 10:01 AM To: Jahagirdar, Om Subject: Ditech (f/k/a/ Green Tree) - 3rd A/R Consent Agreement 
Om,

Resending the file. 
Thanks Pieter 
The information contained in this message is the property of Ditech Financial LLC and/or its direct and indirect subsidiaries and is intended only for the confidential use of the
persons or entities to whom it is addressed. This message, together with any attachments, is proprietary and confidential and may contain other information prohibited from unauthorized disclosure by law. If you are not the intended recipient, or if
you have received this communication in error, please notify the sender immediately by telephone at the number above and permanently delete this message, together with any attachments, from your computer system without making a copy. Any review,
dissemination, use or distribution of this message or any attachments is prohibited. 
2 

 Schedule B 

List of Information to be provided to Freddie Mac 

Securitization Trust 
 Lien 

UPB 
 Advance Category 

Beginning Advance Balance 
 Recoveries 

Advances 
 Ending Advance Balance 

Beginning Note Balance 
 Ending Note Balance 

Adjustments 
 Collection Account Balance 

Weighted Average Advance Rate 

 Schedule C 

Clearing Account 
  

			
	Name of Bank:	  	Bank of America, N.A.
		  	150 Broadway Avenue
		  	New York, New York 10038

 ABA Number of Bank: 026009593 

Name of Account: Ditech Financial LLC 
 Account Number at Bank:
1291140031 

 Schedule D 

Freddie Mac Wire Instructions 

JP Morgan Chase 

Routing Number: 021-000-021 

Account Number: 9104014098EX-10.1

 Exhibit 10.1 

EXECUTION COPY 
 EMPLOYMENT
AGREEMENT 
 This Employment Agreement (“Agreement”) is made this 20th
day of October, 2015, between Citrix Systems, Inc., a Delaware corporation (the “Company”), and Robert M. Calderoni (the “Executive”). 

WHEREAS, the Executive is currently serving as Executive Chairman; and 

WHEREAS, the Board of Directors of the Company (the “Board”) has appointed the Executive as Interim Chief Executive Officer and
President and the Executive accepts such appointment effective October 20, 2015 (the “Commencement Date”) on the terms contained herein. 

NOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained and other good and valuable consideration, the
receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 
 1. Employment. 

(a) Term. This Agreement shall commence on the Commencement Date and shall continue until the earlier of (i) December 31,
2016 and (ii) the date on which a permanent Chief Executive Officer commences employment with the Company (the “New CEO Date,” and the period ending on the earlier of December 31, 2016 and the New CEO Date, the “Term”).
Upon the New CEO Date, the Term of this Agreement shall automatically expire. Notwithstanding the foregoing, in the event a Change in Control (as defined in Section 5(d)) occurs during the Term, or should the Company enter into a definitive
agreement during the Term that would result in a Change in Control occurring after what would otherwise have been the end of the Term, then in either case the Term shall be extended until 18 months after the Change in Control. 

(b) Position and Duties. During the Term, the Executive shall serve as the Interim Chief Executive Officer and President of the
Company, reporting to the Board of Directors of the Company (the “Board”), and shall have supervision and control over and responsibility for the day-to-day
business and affairs of the Company and shall have such other powers and duties as may from time to time be prescribed by the Board, provided that such duties are consistent with the Executive’s position or other positions that he may hold from
time to time. The Executive shall devote his full working time and efforts to the business and affairs of the Company. Notwithstanding the foregoing, the Executive may serve on other boards of directors, consistent with the Company’s Corporate
Governance Guidelines and with the approval of the Board, which shall not be unreasonably withheld or conditioned, and engage in religious, charitable or other community activities as long as such services and activities are disclosed to the Board
and do not interfere with the Executive’s performance of his duties to the Company as provided in this Agreement. 
 (c) Principal
Place of Employment. The Executive’s initial principal place of employment during the Term shall be at the Company’s office in Fort Lauderdale, Florida. 

 2. Compensation and Related Matters. 

(a) Base Salary. During the Term, the Executive’s annual base salary shall be $1,000,000 (“Base Salary) The Base Salary may
not be decreased during the Term. The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives. 

(b) Incentive Compensation. During the Term, the Executive shall be eligible to receive variable cash incentive compensation as
determined by performance goals established by the Board upon consultation with the Executive. The Executive’s target annual incentive compensation shall be 125 percent of his Base Salary (“Target Variable Cash Compensation”) and his
maximum annual cash incentive compensation shall be 200 percent of his Base Salary. The cash incentive compensation for any partial year of employment will be pro-rated including the year in which his employment commences and the year in which it
terminates. For this purpose, the Executive’s employment is treated as having commenced on July 28, 2015 when the Executive commenced employment as Executive Chairman. Incentive compensation for any calendar year will be payable within 75
days after the end of such year. 
 (c) Equity Award. As a material inducement to the Executive’s accepting his appointment as
Interim Chief Executive Officer and President, on November 2, 2015, the Executive shall be granted a restricted stock award with an aggregate value of $7,500,000. For purposes of the preceding sentence, the number of shares granted will be
based on the 20 trading day average closing price of a share of the Company’s common stock immediately prior to and ending on the date hereof. The shares of restricted stock will vest in 12 monthly installments, with the first such installment
vesting on November 30, 2015 and the remainder of the installments vesting on the final day of each calendar month thereafter, subject to continued service of the Executive (including service as a Board member). 

(d) Expenses. The Executive shall be entitled to receive prompt reimbursement for any and all reasonable expenses incurred by him
during the Term in performing services hereunder, in accordance with the policies and procedures then in effect and established by the Company for its senior executive officers. Any reimbursement that the Executive is entitled to receive shall
(i) be paid as soon as practicable and in any event no later than the last day of the Executive’s tax year following the tax year in which the expense was incurred, (ii) not be affected by any other expenses that are eligible for
reimbursement in any tax year and (iii) not be subject to liquidation or exchange for another benefit. 
 (e) Other Benefits.
During the Term, the Executive shall be eligible to participate in or receive benefits under the Company’s employee benefit plans in effect from time to time, subject to the terms of such plans. 

(f) Vacations. During the Term, the Executive shall be entitled to accrue up to four weeks paid vacation for each full calendar year of
employment, which shall be accrued ratably. The Executive shall also be entitled to all paid holidays given by the Company to its executives. 

  
 2 

 3. Termination. During the Term, the Executive’s employment hereunder may be
terminated without any breach of this Agreement under the following circumstances: 
 (a) Death. The Executive’s employment
hereunder shall terminate upon his death. 
 (b) Disability. The Company may terminate the Executive’s employment if he is
disabled and unable to perform the essential functions of the Executive’s then existing position or positions under this Agreement with or without reasonable accommodation for a period of 180 days (which need not be consecutive) in any 12-month
period. If any question shall arise as to whether during any period the Executive is disabled so as to be unable to perform the essential functions of the Executive’s then existing position or positions with or without reasonable accommodation,
the Executive may, and at the request of the Company shall, submit to the Company a certification in reasonable detail by a physician selected by the Company to whom the Executive or the Executive’s guardian has no reasonable objection as to
whether the Executive is so disabled or how long such disability is expected to continue, and such certification shall for the purposes of this Agreement be conclusive of the issue. The Executive shall cooperate with any reasonable request of the
physician in connection with such certification. If such question shall arise and the Executive shall fail to submit such certification, the Company’s determination of such issue shall be binding on the Executive. Nothing in this
Section 3(b) shall be construed to waive the Executive’s rights, if any, under existing law including, without limitation, the Family and Medical Leave Act of 1993, 29 U.S.C. §2601 et seq. and the Americans with Disabilities
Act, 42 U.S.C. §12101 et seq. 
 (c) Termination by Company for Cause. The Company may terminate the Executive’s
employment hereunder for Cause. For purposes of this Agreement, “Cause” shall mean: a termination of the Executive’s employment which is a result of his: 

(i) Conviction for the commission of any felony or a misdemeanor involving deceit, material dishonesty or fraud, or any willful
conduct by the Executive that would reasonably be expected to result in material injury or reputational harm to the Company if he were retained in his position; or 

(ii) Willful disclosure of material trade secrets or other material confidential information related to the business of the
Company and its subsidiaries or affiliates, which disclosure would reasonably be expected to result in material injury or expense to the Company; or 

(iii) Willful and continued failure substantially to perform his duties with the Company (other than any such failure resulting
from the Executive’s incapacity due to physical or mental illness) after a written demand for substantial performance is delivered to the Executive by the Board, which demand identifies the specific actions which the Board believes constitute
willful and continued failure substantially to perform the Executive’s duties, and which performance is not substantially corrected by the Executive within 30 days of receipt of such demand; 

  
 3 

 (iv) willful and knowing participation in releasing false or materially
misleading financial statements or submission of a false certification to the Securities and Exchange Commission; or 
 (v)
failure to cooperate with a bona fide internal investigation or an investigation by regulatory or law enforcement authorities, after being instructed by the Board to cooperate, or the willful destruction or failure to preserve documents or other
materials known to be relevant to such investigation or the inducement of others to fail to cooperate or to produce documents or other materials in connection with such investigation. 

For the avoidance of doubt, any termination of the Executive’s employment by the Company shall not constitute a termination for Cause unless (i) the
Company provides written notice to the Executive of the Cause for his termination of employment and (ii) the termination of the Executive’s employment is approved by at least 75 percent of all the members of the Board other than the
Executive, in each case with the Executive having been given an opportunity, with the Executive’s counsel present, to explain to the Board any actions or conduct giving rise to a potential termination of his employment for Cause. 

(d) Termination Without Cause. The Company may terminate the Executive’s employment hereunder at any time without Cause. Any
termination by the Company of the Executive’s employment under this Agreement which does not constitute a termination for Cause under Section 3(c) and does not result from the death or disability of the Executive under Section 3(a) or
(b) shall be deemed a termination without Cause. 
 (e) Termination by the Executive. The Executive may terminate his employment
hereunder at any time for any reason, including but not limited to Good Reason. For purposes of this Agreement, “Good Reason” shall mean that the Executive has complied with the “Good Reason Process” (hereinafter defined)
following the occurrence of any of the following events: 
 (i) A substantial reduction, not consented to by the Executive,
in the nature or scope of the Executive’s duties, responsibilities, authorities, powers, functions or duties or change in the Executive’s title to any position other than Chief Executive Officer, including, without limitation, any
requirement that the Executive report to any person(s) other than the Board; provided that it will be considered a substantial reduction in duties and responsibilities if after a Change in Control (as defined herein), the Executive is not Chief
Executive Officer and President of the ultimate parent of the resulting company and such parent is not a publicly traded company; or 

(ii) A reduction in the Executive’s annual base salary or Target Variable Cash Compensation, each as in effect on the date
hereof or as the same may be increased from time to time hereafter; or 
 (iii) The relocation of the Company’s Fort
Lauderdale, Florida office (the “Current Office”) to any other location more than 35 miles from the Current Office, or the requirement by the Company for the Executive to be based more than 35 miles

  
 4 

 
away from the Current Office, except for required travel on the Company’s business to an extent substantially consistent with the Executive’s business travel obligations as of the date
of this Agreement. 
 (iv) Material breach by the Company of any agreements, plans, policies and practices relating to the
Executive’s employment with the Company; 
 (v) Failure to provide the Executive with any payments, rights and other
entitlements upon a Change in Control, as provided for in Section 5 herein; or 
 (vi) Failure of the Company to require
any successor to its business as a result of a Change in Control or otherwise to assume the Company’s obligations to the Executive under any written agreement between the Company and the Executive. 

(f) Notice of Termination. Except for termination as specified in Section 1 or Section 3(a), any termination of the
Executive’s employment by the Company or any such termination by the Executive shall be communicated by written Notice of Termination to the other party hereto. For purposes of this Agreement, a “Notice of Termination” shall mean a
notice which shall indicate the specific termination provision in this Agreement relied upon. 
 (g) Date of Termination. “Date
of Termination” shall mean: (i) if the Executive’s employment is terminated by his death, the date of his death; (ii) if the Executive’s employment is terminated on account of disability under Section 3(b) or by the
Company for Cause under Section 3(c), the date on which Notice of Termination is given; (iii) if the Executive’s employment is terminated by the Company under Section 3(d), the date on which a Notice of Termination is given;
(iv) if the Executive’s employment is terminated by the Executive under Section 3(e) without Good Reason, 30 days after the date on which a Notice of Termination is given, and (v) if the Executive’s employment is terminated
by the Executive under Section 3(e) with Good Reason, the date on which a Notice of Termination is given after the end of the Cure Period. Notwithstanding the foregoing, in the event that the Executive gives a Notice of Termination to the
Company, the Company may unilaterally accelerate the Date of Termination and such acceleration shall not result in a termination by the Company for purposes of this Agreement. 

4. Compensation Upon Termination. If the Executive’s employment with the Company is terminated for any reason, the Company shall
pay or provide to the Executive (or to his authorized representative or estate) (i) any Base Salary earned through the Date of Termination, unpaid expense reimbursements (subject to, and in accordance with, Section 2(d) of this Agreement)
and unused vacation that accrued through the Date of Termination on or before the time required by law but in no event more than 30 days after the Executive’s Date of Termination; and (ii) any vested benefits the Executive may have under
any employee benefit plan of the Company through the Date of Termination, which vested benefits shall be paid and/or provided in accordance with the terms of such employee benefit plans. The Executive shall also be eligible to receive a pro-rated
cash incentive compensation payable under Section 2(b) no later than 75 days following the end of the year containing the Date of Termination unless the Executive has already received a payment pursuant to Section 5(a)(ii). 

  
 5 

 5. Change in Control Payment. The provisions of this Section 5 are intended to assure
and encourage in advance the Executive’s continued attention and dedication to his assigned duties and his objectivity during the pendency and after the occurrence of any such event. These provisions shall terminate and be of no further force
or effect on the later of (i) 18 months after the occurrence of a Change in Control, if these benefits have not been triggered by such date, or (ii) if such benefits have been triggered, on the date when all payments and benefits have been
provided to the Executive under the terms hereof. 
 (a) Change in Control Benefits. During the Term, if upon or within 18 months
after a Change in Control, the Executive’s employment is terminated by the Company without Cause as provided in Section 3(d) or the Executive terminates his employment for Good Reason as provided in Section 3(e), then, subject to the
Executive signing a separation agreement substantially in the form attached hereto as Exhibit I (the “Separation Agreement and Release”) and the Separation Agreement and Release becoming irrevocable, and subject also to the parties’
obligations set forth in Section 5(c) below, all within 60 days after the Date of Termination, 
 (i) the Company shall
pay the Executive a lump sum in cash in an amount equal to 1.5 times the sum of (A) the Executive’s current Base Salary (or the Executive’s Base Salary in effect immediately prior to the Change in Control, if higher) plus (B) the
Executive’s Target Variable Cash Compensation; and 
 (ii) the Company shall pay the Executive a pro-rated Target
Variable Cash Compensation; and 
 (iii) the equity award granted pursuant to Section 2(c) shall immediately accelerate
and become fully vested and nonforfeitable; and 
 (iv) for a period of 18 months following the Date of Termination or until
the Executive becomes covered under a group health plan of another employer, whichever is earlier, subject to the Executive’s continued copayment of premium amounts in amounts consistent with that applicable to active employees, the Executive,
the Executive’s spouse and dependents shall continue to participate in the Company’s health insurance plan (medical, dental and vision) upon the same terms and conditions in effect for other executives of the Company; provided, however,
that the continuation of health benefits under this Subsection shall reduce and count against the rights of the Executive, the Executive’s spouse and dependents under COBRA; and 

(v) the amount payable under this Section 5(a)(i) shall be paid within 60 days after the Date of Termination; provided,
however, that if the 60-day period begins in one calendar year and ends in a second calendar year, such payment shall be paid or commence to be paid in the second calendar year by the last day of such 60-day period. 

(b) Additional Limitation. 

(i) Anything in this Agreement to the contrary notwithstanding, in the event that the amount of any compensation, payment or
distribution by the Company to or for the benefit of the Executive, whether paid or payable or distributed or distributable 

  
 6 

 
pursuant to the terms of this Agreement or otherwise, calculated in a manner consistent with Section 280G of the Code and the applicable regulations thereunder (the “Aggregate
Payments”), would be subject to the excise tax imposed by Section 4999 of the Code, then the Aggregate Payments shall be reduced (but not below zero) so that the sum of all of the Aggregate Payments shall be $1.00 less than the amount at
which the Executive becomes subject to the excise tax imposed by Section 4999 of the Code; provided that such reduction shall only occur if it would result in the Executive receiving a higher After Tax Amount (as defined below) than the
Executive would receive if the Aggregate Payments were not subject to such reduction. In such event, the Aggregate Payments shall be reduced in the following order, in each case, in reverse chronological order beginning with the Aggregate Payments
that are to be paid the furthest in time from consummation of the transaction that is subject to Section 280G of the Code: (1) cash payments not subject to Section 409A of the Code; (2) cash payments subject to Section 409A
of the Code; (3) equity-based payments and acceleration; and (4) non-cash forms of benefits; provided that in the case of all the foregoing Aggregate Payments all amounts or payments that are not subject to calculation under Treas. Reg.
§1.280G-1, Q&A-24(b) or (c) shall be reduced before any amounts that are subject to calculation under Treas. Reg. §1.280G-1, Q&A-24(b) or (c). 

(ii) For purposes of this Section 5(b), the “After Tax Amount” means the amount of the Aggregate Payments less
all federal, state, and local income, excise and employment taxes imposed on the Executive as a result of the Executive’s receipt of the Aggregate Payments. For purposes of determining the After Tax Amount, the Executive shall be deemed to pay
federal income taxes at the highest marginal rate of federal income taxation applicable to individuals for the calendar year in which the determination is to be made, and state and local income taxes at the highest marginal rates of individual
taxation in each applicable state and locality, net of the maximum reduction in federal income taxes which could be obtained from deduction of such state and local taxes. 

(iii) The determination as to whether a reduction in the Aggregate Payments shall be made pursuant to Section 5(b)(i)
shall be made by a nationally recognized accounting firm selected by the Company (the “Accounting Firm”) selected by the Executive and reasonably acceptable to the Company, which shall provide detailed supporting calculations both to the
Company and the Executive within 15 business days of the Date of Termination, if applicable, or at such earlier time as is reasonably requested by the Company or the Executive. Any determination by the Accounting Firm shall be binding upon the
Company and the Executive. The Company shall pay the fees and other amounts charged by the Accounting Firm in connection with their work as described herein. 

(c) Additional Covenant. As a condition to the Company’s entering into this Agreement, the Executive has agreed that if, upon or
within 18 months following a Change in Control, his employment is terminated by the Company without Cause as provided in Section 3(d) or if he terminates his employment for Good Reason as provided in Section 3(e), then the restriction on
post-employment activities set forth in Section 7(a), (b) and (d) of the Confidential Information, Inventions Assignment and Non-solicitation Agreement between the Executive and the Company will be extended to 18 months following his
Date of Termination, for which 

  
 7 

 
agreement the Company will pay him a lump sum cash payment of $3,375,000, on the date specified in Section 5(a)(v) above. For the sake of clarity, the parties’ obligations under this
Section 5(c) shall apply only if the Executive’s employment terminates under the circumstances described in Section 5(a) above. 

(d) Definitions. For purposes of this Section 5, the following terms shall have the following meanings: 

“Change in Control” shall mean any of the following: 

(i) any “Person,” as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended
and in effect from time to time (the “Exchange Act”) (other than the Company, any of its subsidiaries, or any trustee, fiduciary or other person or entity holding securities under any employee benefit plan or trust of the Company or any of
its subsidiaries), together with all “affiliates” and “associates” (as such terms are defined in Rule 12b-2 under the Exchange Act) of such person, shall become the “beneficial owner” (as such term is defined in Rule
13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing 30 percent or more of the combined voting power of the Company’s then outstanding securities having the right to vote in an election of the
Company’s Board of Directors (“Voting Securities”) (in such case other than as a result of an acquisition of securities directly from the Company); or 

(ii) the consummation of a consolidation, merger or consolidation or sale or other disposition of all or substantially all of
the assets of the Company in a single transaction or series of related transactions (a “Corporate Transaction”); excluding, however, a Corporate Transaction in which the stockholders of the Company immediately prior to the Corporate
Transaction, would, immediately after the Corporate Transaction, beneficially own (as such term is defined in Rule 13d-3 under the Exchange Act), directly or indirectly, shares representing in the aggregate more than 50 percent of the voting shares
of the corporation issuing cash or securities in the Corporate Transaction (or of its ultimate parent corporation, if any); or 

(iii) persons who, as of the date hereof, constitute the Company’s Board of Directors (the “Incumbent
Directors”) cease for any reason, including, without limitation, as a result of a tender offer, proxy contest, merger or similar transaction, to constitute at least a majority of the Board, provided that any person becoming a director of the
Company subsequent to the date hereof shall be considered an Incumbent Director if such person’s election was approved by or such person was nominated for election by either (A) a vote of at least a majority of the Incumbent Directors or
(B) a vote of at least a majority of the Incumbent Directors who are members of a nominating committee comprised, in the majority, of Incumbent Directors; but provided further, that any such person whose initial assumption of office is in
connection with an actual or threatened election contest relating to the election of members of the Board of Directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board, including by
reason of agreement intended to avoid or settle any such actual or threatened contest or solicitation, shall not be considered an Incumbent Director; or 

  
 8 

 (iv) any other acquisition of the business of the Company in which a majority of
the Board votes in favor of a decision that a Change in Control has occurred within the meaning of this Agreement; or 
 (v)
the approval by the Company’s stockholders of any plan or proposal for the liquidation or dissolution of the Company. 

Notwithstanding the foregoing, a “Change in Control” shall not be deemed to have occurred for purposes of the foregoing clause
(a) solely as the result of an acquisition of securities by the Company that, by reducing the number of shares of Voting Securities outstanding, increases the proportionate number of shares of Voting Securities beneficially owned by any person
to 30 percent or more of the combined voting power of all then outstanding Voting Securities; provided, however, that if any person referred to in this sentence shall thereafter become the beneficial owner of any additional shares of
Voting Securities (other than pursuant to a stock split, stock dividend, or similar transaction or as a result of an acquisition of securities directly from the Company) and immediately thereafter beneficially owns 30 percent or more of the combined
voting power of all then outstanding Voting Securities, then a “Change in Control” shall be deemed to have occurred for purposes of the foregoing clause (a). 

6. Section 409A. 

(a) Anything in this Agreement to the contrary notwithstanding, if at the time of the Executive’s separation from service within the
meaning of Section 409A of the Code, the Company determines that the Executive is a “specified employee” within the meaning of Section 409A(a)(2)(B)(i) of the Code, then to the extent any payment or benefit that the Executive
becomes entitled to under this Agreement on account of the Executive’s separation from service would be considered deferred compensation otherwise subject to the 20 percent additional tax imposed pursuant to Section 409A(a) of the Code as
a result of the application of Section 409A(a)(2)(B)(i) of the Code, such payment shall not be payable and such benefit shall not be provided until the date that is the earlier of (A) six months and one day after the Executive’s
separation from service, or (B) the Executive’s death. If any such delayed cash payment is otherwise payable on an installment basis, the first payment shall include a catch-up payment covering amounts that would otherwise have been paid
during the six-month period but for the application of this provision, and the balance of the installments shall be payable in accordance with their original schedule. 

(b) All in-kind benefits provided and expenses eligible for reimbursement under this Agreement shall be provided by the Company or incurred by
the Executive during the time periods set forth in this Agreement. All reimbursements shall be paid as soon as administratively practicable, but in no event shall any reimbursement be paid after the last day of the taxable year following the taxable
year in which the expense was incurred. The amount of in-kind benefits provided or reimbursable expenses incurred in one taxable year shall not affect the in-kind benefits to be provided or the expenses eligible for reimbursement in any other
taxable year (except for any lifetime or other aggregate limitation applicable to medical expenses). Such right to reimbursement or in-kind benefits is not subject to liquidation or exchange for another benefit. 

  
 9 

 (c) To the extent that any payment or benefit described in this Agreement constitutes
“non-qualified deferred compensation” under Section 409A of the Code, and to the extent that such payment or benefit is payable upon the Executive’s termination of employment, then such payments or benefits shall be payable only
upon the Executive’s “separation from service.” The determination of whether and when a separation from service has occurred shall be made in accordance with the presumptions set forth in Treasury Regulation Section 1.409A-1(h). 
 (d) The parties intend that this Agreement will be administered in accordance
with Section 409A of the Code. To the extent that any provision of this Agreement is ambiguous as to its compliance with Section 409A of the Code, the provision shall be read in such a manner so that all payments hereunder comply with
Section 409A of the Code. Each payment pursuant to this Agreement is intended to constitute a separate payment for purposes of Treasury Regulation Section 1.409A-2(b)(2). The parties agree that this
Agreement may be amended, as reasonably requested by either party, and as may be necessary to fully comply with Section 409A of the Code and all related rules and regulations in order to preserve the payments and benefits provided hereunder
without additional cost to either party. 
 (e) The Company makes no representation or warranty and shall have no liability to the Executive
or any other person if any provisions of this Agreement are determined to constitute deferred compensation subject to Section 409A of the Code but do not satisfy an exemption from, or the conditions of, such Section. 

7. Third Party Agreement and Cooperation. 

(a) Third-Party Agreements and Rights. The Executive hereby confirms that the Executive is not bound by the terms of any agreement with
any previous employer or other party which restricts in any way the Executive’s use or disclosure of information or the Executive’s engagement in any business. The Executive represents to the Company that the Executive’s execution of
this Agreement, the Executive’s employment with the Company and the performance of the Executive’s proposed duties for the Company will not violate any obligations the Executive may have to any such previous employer or other party. In the
Executive’s work for the Company, the Executive will not disclose or make use of any information in violation of any agreements with or rights of any such previous employer or other party, and the Executive will not bring to the premises of the
Company any copies or other tangible embodiments of non-public information belonging to or obtained from any such previous employment or other party. 

(b) Litigation and Regulatory Cooperation. During and after the Executive’s employment, the Executive shall cooperate fully with
the Company in the defense or prosecution of any claims or actions now in existence or which may be brought in the future against or on behalf of the Company which relate to events or occurrences that transpired while the Executive was employed by
the Company. The Executive’s full cooperation in connection with such claims or actions shall include, but not be limited to, being available to meet with counsel to 

  
 10 

 
prepare for discovery or trial and to act as a witness on behalf of the Company at mutually convenient times. During and after the Executive’s employment, the Executive also shall cooperate
fully with the Company in connection with any investigation or review of any federal, state or local regulatory authority as any such investigation or review relates to events or occurrences that transpired while the Executive was employed by the
Company. Any cooperation pursuant to this Section 7(b) is subject to the Company’s obligation to (i) reimburse the Executive for any expenses incurred during activities reasonably performed at the Company’s request pursuant to
this Section 7(b), subject to the same standards and procedures as apply to business expense reimbursements pursuant to the Company’s Travel and Expense reimbursement policy, and (ii) compensate the Executive at a daily rate equal to
the sum of the Executive’s annual Base Salary as of the date of the Executive’s separation from employment and the Executive’s Target Variable Cash Compensation, divided by 365, to the extent that the Executive reasonably expends any
time in performing activities at the Company’s request pursuant to this Section 7(b); provided that the Executive acknowledges that he shall not at any time be entitled to compensation for time spent in activities that could have been
compelled pursuant to a subpoena, including testimony and related attendance at depositions, hearings or trials. 
 8. Arbitration of
Disputes. Any controversy or claim arising out of or relating to this Agreement or the breach thereof or otherwise arising out of the Executive’s employment or the termination of that employment (including, without limitation, any claims of
unlawful employment discrimination whether based on age or otherwise) shall, to the fullest extent permitted by law, be settled by arbitration in any forum and form agreed upon by the parties or, in the absence of such an agreement, under the
auspices of the American Arbitration Association (“AAA”) in Boca Raton, Florida in accordance with the Employment Dispute Resolution Rules of the AAA, including, but not limited to, the rules and procedures applicable to the selection of
arbitrators. In the event that any person or entity other than the Executive or the Company may be a party with regard to any such controversy or claim, such controversy or claim shall be submitted to arbitration subject to such other person or
entity’s agreement. Judgment upon the award rendered by the arbitrator may be entered in any court having jurisdiction thereof. This Section 8 shall be specifically enforceable. Notwithstanding the foregoing, this Section 8 shall not
preclude either party from pursuing a court action for the sole purpose of obtaining a temporary restraining order or a preliminary injunction in circumstances in which such relief is appropriate; provided that any other relief shall be pursued
through an arbitration proceeding pursuant to this Section 8. 
 9. Consent to Jurisdiction. To the extent that any court action
is permitted consistent with or to enforce Section 9 of this Agreement, the parties hereby consent to the jurisdiction of the Superior Court of the State of Florida and the United States District Court for the District of Florida. Accordingly,
with respect to any such court action, the Executive (a) submits to the personal jurisdiction of such courts; (b) consents to service of process; and (c) waives any other requirement (whether imposed by statute, rule of court, or
otherwise) with respect to personal jurisdiction or service of process. 
 10. Integration. This Agreement constitutes the entire
agreement between the parties with respect to the subject matter hereof and supersedes all prior agreements between the parties concerning such subject matter, other than the restricted stock unit agreements with a grant date of August 1, 2015
and restricted stock unit agreements pertaining to director compensation. 

  
 11 

 11. Withholding. All payments made by the Company to the Executive under this Agreement
shall be net of any tax or other amounts required to be withheld by the Company under applicable law. 
 12. Successor to the
Executive. This Agreement shall inure to the benefit of and be enforceable by the Executive’s personal representatives, executors, administrators, heirs, distributees, devisees and legatees. In the event of the Executive’s death after
his termination of employment but prior to the completion by the Company of all payments due him under this Agreement, the Company shall continue such payments to the Executive’s beneficiary designated in writing to the Company prior to his
death (or to his estate, if the Executive fails to make such designation). 
 13. Enforceability. If any portion or provision of this
Agreement (including, without limitation, any portion or provision of any section of this Agreement) shall to any extent be declared illegal or unenforceable by a court of competent jurisdiction, then the remainder of this Agreement, or the
application of such portion or provision in circumstances other than those as to which it is so declared illegal or unenforceable, shall not be affected thereby, and each portion and provision of this Agreement shall be valid and enforceable to the
fullest extent permitted by law. 
 14. Survival. The provisions of this Agreement shall survive the termination of this Agreement
and/or the termination of the Executive’s employment to the extent necessary to effectuate the terms contained herein. 
 15.
Waiver. No waiver of any provision hereof shall be effective unless made in writing and signed by the waiving party. The failure of any party to require the performance of any term or obligation of this Agreement, or the waiver by any party
of any breach of this Agreement, shall not prevent any subsequent enforcement of such term or obligation or be deemed a waiver of any subsequent breach. 

16. Notices. Any notices, requests, demands and other communications provided for by this Agreement shall be sufficient if in writing
and delivered in person or sent by a nationally recognized overnight courier service or by registered or certified mail, postage prepaid, return receipt requested, to the Executive at the last address the Executive has filed in writing with the
Company or, in the case of the Company, at its main offices, attention of the Board. 
 17. Amendment. This Agreement may be amended
or modified only by a written instrument signed by the Executive and by a duly authorized representative of the Company. 
 18. Governing
Law. This is a Florida contract and shall be construed under and be governed in all respects by the laws of the State of Florida, without giving effect to the conflict of laws principles of such State. With respect to any disputes concerning
federal law, such disputes shall be determined in accordance with the law as it would be interpreted and applied by the United States Court of Appeals for the Eleventh Circuit. 

  
 12 

 19. Counterparts. This Agreement may be executed in any number of counterparts, each of
which when so executed and delivered shall be taken to be an original; but such counterparts shall together constitute one and the same document. 

20. Successor to Company. The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or
otherwise) to all or substantially all of the business or assets of the Company expressly to assume and agree to perform this Agreement to the same extent that the Company would be required to perform it if no succession had taken place. Failure of
the Company to obtain an assumption of this Agreement at or prior to the effectiveness of any succession shall be a material breach of this Agreement. 

21. Gender Neutral. Wherever used herein, a pronoun in the masculine gender shall be considered as including the feminine gender unless
the context clearly indicates otherwise. 
 22. Attorney’s Fees. The Company shall pay the Executive’s reasonable
attorney’s fees incurred in the preparation and negotiation of this Agreement up to a maximum of $25,000. 
 IN WITNESS WHEREOF, the
parties have executed this Agreement effective on the date and year first above written. 
  

			
	CITRIX SYSTEMS, INC.
		
	By:	 	     /s/ Antonio G. Gomes

		 	Antonio G. Gomes
		 	Senior Vice President and General Counsel
	
	           /s/ Robert M.
Calderoni

	Robert M. Calderoni

  
 13 

 EXHIBIT I 

SEPARATION AGREEMENT AND RELEASE 
 I,
Robert M. Calderoni (referred to herein with the pronouns “I,” “me” and “my”), and Citrix Systems, Inc. (the “Company”) enter into this Separation Agreement and Release (the “Release”) pursuant to
Section 5(b) of the Employment Agreement between the Company and me dated October 20, 2015 (the “Employment Agreement”). I acknowledge that my timely execution and return and my non-revocation of this Release are conditions to my
entitlement to the benefits set forth in Section 5 of the Employment Agreement (the “Separation Benefits”). I therefore agree to the following terms: 

1. Release of Claims. I voluntarily release and forever discharge the Company, its parents, subsidiaries, and affiliated entities, and
each of those entities’ respective current and former shareholders, investors, directors, officers, employees, agents, attorneys, insurers, legal successors and assigns (collectively referred to as the “Releasees”) generally from all
claims, demands, debts, damages and liabilities of every name and nature, known or unknown (“Claims”) that, as of the date when I sign this Release, I have, ever had, now claim to have or ever claimed to have had against any or all of the
Releasees. This includes, without limitation, the release of all Claims: 
  

	 	•	 	relating to my employment by the Company and my separation from employment; 

  

	 	•	 	of wrongful discharge; 

  

	 	•	 	of breach of contract; 

  

	 	•	 	of retaliation or discrimination under federal, state or local law (including, without limitation, Claims of age discrimination or retaliation under the Age Discrimination in Employment Act, Claims of disability
discrimination or retaliation under the Americans with Disabilities Act, Claims of discrimination or retaliation under Title VII of the Civil Rights Act of 1964 and Claims of any form of discrimination or retaliation that is prohibited by the
Florida Civil Rights Act or the law of any other state); 

  

	 	•	 	under any other federal or state statute; 

  

	 	•	 	of defamation or other torts; 

  

	 	•	 	of violation of public policy; 

  

	 	•	 	for wages, bonuses, incentive compensation, vacation pay or any other compensation or benefits; and 

  

	 	•	 	for damages or other remedies of any sort, including, without limitation, compensatory damages, punitive damages, injunctive relief and attorney’s fees; 

provided, however, that this release shall not affect my rights under the Company’s Section 401(k) plan, my rights to the Separation Benefits
under the Employment Agreement, my rights to indemnification under the Indemnification Agreement between the Company and me (the “Indemnification Agreement”), my rights to Directors’ and Officers’ insurance, my rights to any
vested equity awards, my rights to file an administrative charge or complaint with the Equal Employment Opportunity Commission or other administrative agency, and any rights and claims that cannot be waived by law.  

I agree that I shall not seek or accept damages of any nature, other equitable or legal remedies for my own benefit, attorney’s fees, or costs from any
of the Releasees with respect to any Claim released by this Release. I represent that I have not assigned to any third party and I have not filed with any court any Claim released by this Release. 

  
 14 

 2. Ongoing Obligations. I reaffirm my ongoing obligations under the Citrix Systems, Inc.
Confidential Information, Inventions Assignment and Non-Solicitation Agreement between me and the Company (the “Restrictive Covenant Agreement”), including, without limitation, my obligations to maintain the confidentiality of all
confidential and proprietary information of the Company, to return to the Company (in good condition) all of the Company’s equipment, property, and documents (whether in paper, electronic, or other format, and all copies thereof) that are in my
possession or control, and refrain from certain competition and solicitation activities for a twelve (12) month period after my termination of employment by the Company. I acknowledge that the execution of Exhibit A to the Restrictive Covenant
Agreement, entitled “Citrix Systems, Inc. Termination Certification” (the “Certification”), is required by the Restrictive Covenant Agreement and accordingly agree to sign and return to the Company, at the same time I return the
Release, the Certification (attached hereto as Appendix A) as a condition to my entitlement to the Separation Benefits. I also reaffirm my ongoing obligations under the Citrix Systems, Inc. Statement of Company Policy Regarding Insider Trading and
Disclosure of Material Non-Public Information (the “Insider Trading Policy”) and agree that those obligations continue to apply following my separation from employment, until such time as any material, nonpublic information possessed by me
has become public or is no longer material, but not to exceed 12 months. Without limiting the foregoing, I acknowledge and agree that I shall continue to be subject to the remainder of any Quarterly Black Out or Special Black Out (as defined in the
Insider Trading Policy), if such black out period was instituted prior to my separation from employment. 
 3. Litigation and Regulatory
Cooperation. I agree to cooperate fully with the Company in the defense or prosecution of any claims or actions now in existence or which may be brought in the future against or on behalf of the Company which relate to events or occurrences that
transpired while I was employed by the Company. My full cooperation in connection with such claims or actions shall include, but not be limited to, being available to meet with counsel to prepare for discovery or trial and to act as a witness on
behalf of the Company at mutually convenient times. I also agree to cooperate fully with the Company in connection with any investigation or review of any federal, state or local regulatory authority as any such investigation or review relates to
events or occurrences that transpired while I was employed by the Company. Any cooperation pursuant to this Section 3 is subject to the Company’s obligation to (i) reimburse me for any expenses incurred during activities reasonably
performed at the Company’s request pursuant to this Section 3, subject to the same standards and procedures as apply to business expense reimbursements pursuant to the Company’s Travel and Expense reimbursement policy, and
(ii) compensate me at a daily rate equal to the sum of my annual base salary as of my separation from employment and my “Target Variable Cash Compensation”, each as defined in the Employment Agreement, divided by 365 to the extent
that I reasonably expend any time in performing activities at the Company’s request pursuant to this Section 3; provided that I acknowledge that I shall not at any time be entitled to compensation for time spent in activities that
could have been compelled pursuant to a subpoena, including testimony and related attendance at depositions, hearings or trials. 

  
 15 

 4. Non-Disparagement and No Cooperation. I agree that I will not, at any time in the
future, make any written or oral statement that disparages or damages (i) the business of the Company or any affiliate of the Company (together, “Company Parties”), (ii) any products or services of any Company Party,
(iii) any member of the board of directors or management of any Company Party or (iv) with respect to its involvement with or investment in the Company, any investor in the securities of the Company or any representative thereof. In
addition, the Company will direct its directors and officers not to, at any time in the future, make or cause to be made any written or oral statement that disparages or damages me or my reputation. I agree that I will not counsel or assist any
attorneys or their clients in the presentation or prosecution of any disputes, differences, grievances, claims, charges, or complaints by any third party against the Company and/or any of the other Releasee, unless under a subpoena or other court
order to do so; provided that nothing in this Release shall be construed to affect my right to participate in any proceeding before a federal or state administrative agency, including, without limitation, by cooperating with any such
agency’s request for information or by making any good faith report to a governmental entity concerning any act or omission that I reasonably believe constitutes a possible violation of federal or state law or making other disclosures that are
protected under the anti-retaliation or whistleblower provisions of applicable federal or state law or regulation. In addition, I recognize that the Company’s business relationships with its customers, distributors, resellers and partners
(collectively, “Customers and Partners”) are very important to the Company, and that if I – as an important Company representative in its dealings with Customers and Partners during the course of my employment – make any
statement (directly or indirectly) to such Customers or Partners about the Company, any other Company Party, employees of any Company Party or the products or services of any Company Party that is untrue or otherwise may be harmful to the Company or
any other Company Party, I will be deemed to have violated this Section 4. 
 5. California Civil Code Section 1542. I
acknowledge that I have been advised to consult with legal counsel and am familiar with the provisions of California Civil Code Section 1542, a statute that otherwise prohibits the release of unknown claims, which provides as follows: 

A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING
THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR. 
 Being aware of said code
section, I agree to expressly waive any rights I may have thereunder, as well as under any other statute or common law principles of similar effect. I further acknowledge and agree that the inclusion of the waiver of said code section in this
Release shall not be construed to affect the applicability of Florida law to this Release or to any other agreement between the Company and me. 

6. Right to Consider and Revoke Release. I acknowledge that I have been given the opportunity to consider this Release for a period
ending twenty-one (21) days after the date when it was proposed to me. In the event that I execute this Release within less than twenty-one (21) days after such date, I acknowledge that such decision was entirely voluntary and that I had
the 

  
 16 

 
opportunity to consider this Release until the end of the twenty-one (21) day period. To accept this Release, I shall deliver a signed Release to the Company’s General Counsel within
such twenty-one (21) day period. For a period of seven (7) days from the date when the I execute this Release (the “Revocation Period”), I shall retain the right to revoke this Release by written notice that is received by
the General Counsel on or before the last day of the Revocation Period. This Release shall take effect only if it is executed within the twenty-one (21) day period as set forth above and if it is not revoked pursuant to the preceding sentence.
If those conditions are satisfied, this Release shall become effective and enforceable on the date immediately following the last day of the Revocation Period (the “Effective Date”). 

7. Other Terms. 
 (a)
Legal Representation; Review of Release. I acknowledge that I have been advised to discuss all aspects of this Release with my attorney, that I have carefully read and fully understand all of the provisions of this Release and that I am
voluntarily entering into this Release. 
 (b) Binding Nature of Release. This Release shall be binding upon me and upon my heirs,
administrators, representatives and executors. 
 (c) Amendment. This Release may be amended only upon a written agreement executed
by the Company and me. 
 (d) Severability. In the event that at any future time it is determined by an arbitrator or court of
competent jurisdiction that any covenant, clause, provision or term of this Release is illegal, invalid or unenforceable, the remaining provisions and terms of this Release shall not be affected thereby and the illegal, invalid or unenforceable term
or provision shall be severed from the remainder of this Release. In the event of such severance, the remaining covenants shall be binding and enforceable. 

(e) Governing Law and Interpretation. This Release shall be deemed to be made and entered into in the State of Florida, and shall in
all respects be interpreted, enforced and governed under the laws of the State of Florida, without giving effect to the conflict of laws provisions of Florida law. The language of all parts of this Release shall in all cases be construed as a whole,
according to its fair meaning, and not strictly for or against the Company or me. 

  
 17 

 (f) Entire Agreement; Absence of Reliance. I acknowledge that I am not relying on any
promises or representations by the Company or any of its agents, representatives or attorneys regarding any subject matter addressed in this Release. I acknowledge that this Release constitutes the entire agreement between the Company and me and
that this Release supersedes any previous agreements or understandings between me and the Company, except the Employment Agreement, the Indemnification Agreement, the Restrictive Covenant Agreement, the Insider Trading Policy, and any equity award
agreements and equity plans to which they are subject, and any other obligations specifically preserved in this Release. 
  

							
	So agreed.	  	CITRIX SYSTEMS, INC.
			
	  
	  	By:	  	  

	Robert M. Calderoni	  		  	Name:
		 		  		  	Title:
				
	Date:	 	  
	  		  	

  
 18 

 Appendix A 

Citrix Systems, Inc. 

Termination Certification 

This is to certify that except as may be needed to provide transition assistance, I do not have in my possession, nor have I failed to return,
any devices, records, data, notes, reports, proposals, lists, correspondence, specifications, drawings, blueprints, sketches, materials, equipment, other documents or property, or reproductions of any aforementioned items belonging to Citrix
Systems, Inc., its subsidiaries, affiliates, successors or assigns (together, the “Company”). 
 I further certify that I have
complied with all the terms of the Company’s Confidential Information, Inventions Assignment and Non-Solicitation Agreement signed by me, including the reporting of any Developments and original works of authorship (as defined therein)
conceived or made by me (solely or jointly with others) covered by that agreement. 
 I further agree that, in compliance with the
Confidential Information and Inventions Assignment Agreement and subject to the limitations and restrictions therein, I will preserve as confidential all trade secrets, confidential knowledge, data or other proprietary information relating to
products, processes, know-how, designs, formulas, developmental or experimental work, computer programs, data bases, other original works of authorship, customer lists, business plans, financial information or other subject matter pertaining to any
business of the Company or any of its clients, consultants or licenses. 
  

							
	Date:	 	  
	  	  

		 		  	Robert M. Calderoni
			
	CITRIX SYSTEMS, INC.	  		 	
				
	Date:	 	  
	  	By:	 	  

		 		  		 	Name:
		 		  		 	Title:

  
 19

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