Document:

Exhibit 10.39

   

  

  175 Water Street, Now York NY 10038

   

  Jennie Anderson 

    Global Talent Acquisition 

    Phone: (212) 458-8064

   

  This letter supersedes any previously dated version.

   

  January 31, 2017

   

  Mr. Todd Solash 

    382 DeGraw Street

    Brooklyn, NY 11231

   

  Dear Todd,

   

  We are very pleased to formally extend our offer of employment below to you on behalf of American General Life International Company (the
    “Company” or “AIG”). Serving customers in more than 130 countries, the key to our company’s successful global presence is our people. Accepting the offer as President, Individual Retirement, a grade 27 position in the Consumer Insurance department,
    will launch your AIG career with opportunities for professional growth and development supported by a powerful entrepreneurial culture of innovation. Your start date is targeted for February 13, 2017, at which time you will report to Jana Greer,
    President and CEO Individual and Group Retirement, and be based in Woodland Hills, California.

   

  Our offer consists of all of the elements below.

   

  		●	You will receive a bi-weekly salary of $25,384.62 (which equates to $660,000 over 26 pay periods), paid pursuant to our regular payroll practices. This position is classified as “exempt” and
          therefore does not qualify for overtime pay. The regular pay day is every other Friday beginning with your first pay date on February 24, or as soon as practicable thereafter.

   

  		●	AIG is proudly committed to rewarding individual performance. As part of that commitment, you will be eligible for an annual incentive award, in accordance with the terms of the AIG Short Term
          Incentive Plan, for the year 2017 with a targeted amount equal to $660,000. While the incentive awarded is payable in two parts, the entire incentive award will vest immediately upon grant (in the first quarter of the year following the
          performance year) provided you are still an employee of the Company on the grant date, and 50% will be payable in the first quarter of the year following the performance year. The second 50% will be payable following the one-year anniversary

  
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  	 	 	of the grant. Additionally, any bonus or incentive compensation paid to you is subject to the AIG Clawback Policy as may be amended from time to time.

   

  

  

  		●	Continuing with AIG’s commitment to matching rewards to performance, a recommendation on your behalf will be made to the Compensation and Management Resources Committee (CMRC) of the Board of Directors (or to the members of AIG Management who
          have been delegated approval authority) that, under the AIG Long Term Incentive Plan you be granted 2017 LTI Target Performance Share Units (PSUs) based on a cash value of $880,000 for the three-year Performance Period beginning January 2017, which will provide you the opportunity to earn shares of AIG Common Stock based on the degree of AIG’s
          achievement of its performance criteria, during the Performance Period. Any such recommendation and grant is contingent on your being an active employee of the Company on the date of CMRC approval of the grant, and will be subject to the terms
          and conditions of the relevant Long Term Incentive Plan and the agreement governing the grant. Any long term incentive compensation paid to you is subject to the AIG Clawback Policy as may be amended from time to time.

   

  		●	You will receive transition payments in the following amounts, all less applicable withholdings, provided you have not resigned or your employment has not been terminated for
          Cause prior to each payment date, in consideration of compensation and/or equity foregone from your current employer: $280,000,
          payable on or about May 31, 2017; $250,000, payable on or about May 31, 2018; 375.000, payable on or about May 31, 2019; $375.000. payable on or about May 31, 2020; and $20,000, payable on or about May 31, 2021. For the purposes of this paragraph only, “Cause” shall be defined as (1) any conduct involving intentional wrongdoing,
          fraud, dishonesty, gross negligence or willful misconduct or (2) any act or omission that constitutes a material breach of the terms of your Offer Letter the Company’s Code of Conduct, or any other personnel or compliance policy applicable to
          you.

   

  		●	Provided you attest that you were not and will not be paid an annual incentive award for 2016 by your prior employer, AXA, you will also receive a transition payment of $600,000 within 30 days of your start date, less applicable withholdings,
          provided you are employed by the Company on the payment date.

   

  		●	You will also be eligible for benefits under the Company’s Executive Severance Plan, for covered terminations under that plan.

   

  		●	As an additional aid to ease your transition into our organization, the cost of your relocation to Woodland Hills, CA will be provided, in accordance with the Company’s relocation policy and subject to the enclosed Relocation Reimbursement
          Agreement.

   

  		●	You will be able to use up to 30 days of Paid Time Off (PTO) for 2017, accruing in accordance with the terms set forth in the Employee Handbook.

  
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  You will have immediate access to all other benefits available to full-time regular hires upon your hire and as outlined in the applicable plan documents.
    Benefit information summaries may be found on the AIG onboarding website.

   

  Your employment with the Company (as set forth in the employment application) will be on an “at-will” basis. This means that either you or the Company may
    terminate your employment relationship at any time and for any reason, with or without prior notice. This offer letter and your employment application arc the Company’s only statement regarding an offer of employment and supersede any previous
    communications or representations, oral or written, from or on behalf of the Company or any of its affiliates. You acknowledge that, in accepting the terms of this offer, you are not relying on any other promises or representations (whether oral or
    written) other than those set forth in this offer letter.

   

  You are a participant in the Company’s Employment Dispute Resolution (“EDR”) program, which provides for various ways to address work-related disputes,
    including mediation and arbitration, through the American Arbitration Association (“AAA”). Information on the company’s EDR Program is available to employees via the Company Intranet and can be made available to you prior to your date of hire upon
    request.

   

  This offer is contingent upon the successful results of a background investigation, which may include, but may not be limited to, verification of
    employment, prior salary, professional certifications, designations or licenses, criminal and credit history, and educational background your proof of eligibility to work in the United States; and your execution and return of the enclosed
    Non-Solicitation and Non-Disclosure Agreement. (If you have not done so already, please provide a recent paycheck stub from your prior employer before your start date.)

   

  To ensure a smooth onboarding process, you will receive an email from AIG Talent Acquisition with log in credentials for the onboarding website. The website
    contains information about working at AIG, your benefits, and also contains all the forms you will be required to complete prior to Day I. On your start date, please bring documents to verify your employment eligibility (a list of acceptable documents
    is found in the I-9 form contained in the onboarding website). As noted above, the website contains summaries of benefit information and the AIG Employee Handbook (providing information on many of AIG’s policies and procedures governing your
    employment).

   

  Please complete your new hire paperwork online at least seven days prior to your start date. Failure to do so could delay your access to systems and
    provisioning of computer equipment. On your start date, you should report to 175 Water Street, 20th floor, at 9:00 a.m. to meet with Talent Acquisition who will start your
    onboarding. Please bring your identification documents with you to this meeting.

   

  By signing this letter, you confirm, that: (i) you are under no obligation or arrangement (including any restrictive covenants with any prior employer or
    any other entity) that would prevent you from becoming an employee of the Company or that would in any way impact your ability to perform the position offered to you; and (ii) you have not taken (or failed to return) any confidential information
    belonging to any prior employer or any other entity.

  

  
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  Please return a scanned signed copy of this letter to my attention at: Jennie.anderson@aig.com or via secure desktop fax 212-338-1942.

   

  We look forward to welcoming you to the Company, and wish you every
    success in your new role.

   

  Sincerely,

   

  

  	/s/ Jennie Anderson	 
	Jennie Anderson	 

  

   

  ACKNOWLEDGEMENT AND ACCEPTANCE

   

  I understand and accept the terms and conditions of this offer letter, including the pay rates and salary payment timing information:

   

  

  	/s/ Todd Solash	 	1/31/17	 
	Signature	 	Date	 

  

  

   

  4Exhibit 10.40 

 

 

 

	Peter Zaffino	Private
    & Confidential
	President and Global Chief	 
	Operating Officer	October 29, 2020
	 	 
	Mark Lyons	Elias Habayeb
	Chief Financial Officer	 
	 	 
	175 Water Street 	Re: AIG Leadership Continuity
    Award
	New York, NY 10038	 
	www.aig.com	 

 

Dear
Elias:

 

In
recognition of your important role at AIG and pursuant to approval by the Compensation and Management Resources Committee of the
Board of Directors on December 8, 2020, you have been selected to receive a continuity incentive award under the AIG Leadership
Continuity Plan (the “Plan”). This award is in addition to, and not in lieu of, any other incentive
compensation you may otherwise be entitled to receive from American International Group, Inc. (“AIG”)
and its consolidated subsidiaries (collectively, the “Company”).

 

This
letter agreement and the Plan set forth the legally binding terms of your Award. A copy of the Plan is attached to this letter
agreement. If you agree to the terms of this Award, please sign and return a copy of this letter, which (together with the terms
of the Plan) will become a binding agreement on our receipt.

 

Your
Award Amount

AIG
agrees to pay you a cash award of $1,200,000 (your “Award”) payable in two parts if you remain Employed
(as defined in the Plan) through each “Vesting Date” (December 15, 2020 and June 30, 2022) and continuance
of performance at the highest level based on the judgement of Mr. Zaffino and Mr. Lyons.

 

Payment
and Vesting

AIG
agrees to pay you a cash award of $600,000 if you remain Employed on December 15, 2020 and an additional cash award of $600,000
if you remain Employed on June 30, 2022 with the continuance of performance of the highest level based on the judgement of Mr.
Zaffino and Mr. Lyons. Your Award will be paid to you as soon as practicable following the scheduled Vesting Dates, subject to
all applicable holdings.

 

Except
as provided in Section 10 of the Plan, you must remain Employed through the scheduled Vesting Date to receive your Award. If you
voluntarily terminate your Employment for any reason before the scheduled Vesting Date (including any claim by you of constructive
termination) or if your Employment is terminated by the Company for any reason other than a termination without Cause (as defined
in the Plan), you will forfeit any right to your Award.

 

Non-Disclosure

Subject
to and in addition to any confidentiality or non-disclosure requirements to which you were subject prior to the date you signed
this letter agreement, by signing this letter agreement you agree that during your Employment and any time thereafter, (i) all
confidential, proprietary and/or trade secret information received, obtained or possessed at any time by you concerning or relating
to the business, financial, operational, marketing, economic, accounting, tax or other affairs at the Company or any client, customer,
agent or supplier or prospective client,

 

 

 

 

  

customer,
agent or supplier of the Company will be treated by you in the strictest confidence and will not be disclosed or used by you in
any manner other than in connection with the discharge of your job responsibilities without the prior written consent of the Company
or unless required by law, and (ii) you will not remove or destroy any confidential, proprietary and/or trade secret information
and will return any such information in your possession, custody or control at the end of your Employment (or earlier if so requested
by the Company).

 

Providing
Notice of any Decision to Leave the Company

If
you are not currently subject to a notice period, by signing this letter agreement you hereby agree to provide the Company with
at least 60 days’ advance notice of any termination of your Employment. Following receipt of such notice, the Company may,
at its sole discretion, choose to (1) waive that notice period (thereby your termination of Employment will be effective immediately)
or (2) place you on paid leave, at your then-current salary, for any or all of the notice period.

 

Agreement
Not to Solicit

Subject
to and in addition to any non-solicitation requirements to which you were subject prior to the date you sign this letter agreement,
by signing this letter agreement you agree that (i) during your Employment with the Company and any time thereafter, you will
not, directly or indirectly, on your own behalf or on behalf of any other person or entity, solicit, contact, call upon, communicate
with or attempt to communicate with any customer or client or prospective customer or client of the Company where to do so would
require the use or disclosure of confidential, proprietary and/or trade secret information, and (ii) during your Employment with
the Company and for a period of one (1) year after Employment terminates for any reason (or no reason), you will not, directly
or indirectly, regardless of who initiates the communication, hire, solicit, participate in the solicitation or recruitment of,
or in any manner encourage or provide assistance to any employee, consultant, registered representative, or agent of the Company
to terminate his or her Employment or other relationship with the Company or to leave its employ or other relationship with the
Company.

 

For
the avoidance of doubt, the provisions above shall be applicable regardless of whether the Award vests and is paid to you. 

*                     *                     *

 

I
ask that you treat your Award as confidential and do not divulge either its existence or terms to anyone other than your immediate
family, attorneys (who should be instructed to treat the terms as confidential) or tax advisors.

On
behalf of AIG, I want to thank you for your service and look forward to your continued contributions.

 

Sincerely,

 

	 	/s/ Peter
Zaffino	/s/ Mark Lyons
	 	 	 
	 	Peter
Zaffino	Mark Lyons
	 	President	Chief
Financial Officer

 

 

 

	Accepted
& Agreed:	 	 	 
	 	 	 	 
	Elias
Habayeb	 	Date

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