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Exhibit 10.2

CONSULTANT CONTRACT

BLAKE E. LARSON

This agreement for consulting services ("Agreement") is between Northrop Grumman Systems Corporation, a Delaware corporation whose principal place of business is located at 2980 Fairview Park Drive, Falls Church, VA ("NGSC" or "the Company") and Blake E. Larson of Naples, FL ("Consultant" or "Mr. Larson")  (each  "a  party", collectively "the parties").

I.    ENGAGEMENT
NGSC hereby retains Consultant to provide such advice and participate in such meetings and events for the benefit of the Company and its affiliates, as may be requested by the Company. Such representation may include, but is not limited to, the provision of technical advice and assistance. Consultant shall serve at NGSC's call. Consultant's principal point of contact at the Company with respect to the specific nature and scope of the services to be provided hereunder is Northrop Grumman's Chief Executive Officer, a Corporate Vice President, or their designees ("POC"). In any month Consultant provides consulting services, Consultant shall submit monthly written reports to NGSC, in the format described in Attachment B, setting forth the actions taken on behalf of NGSC and such other reports as NGSC may require.

II.    PLACE OF ENGAGEMENT

Consultant shall perform the services called for under this Agreement at Consultant's place of business and at such other places as NGSC may  reasonably require.

Ill. TERM OF ENGAGEMENT

Unless earlier terminated pursuant to this Agreement,  the  term  of  this Agreement shall be for one year, commencing upon execution and terminating one year thereafter. This Agreement may be renewed or extended for such time as Northrop Grumman and the Consultant may agree upon in writing.

IV.    COMPENSATION

A.Fee. NGSC shall pay Consultant and Consultant  shall accept from NGSC in full payment for services hereunder, compensation at the  rate  of  Five  Hundred Dollars ($500.00) per hour, upon submittal of an invoice, provided however, Consultant shall not provide services in excess of One Hundred and
Twenty (120) hours per 3-month quarter. Payment shall be made only to the extent that Consultant satisfactorily performs services pursuant to this Agreement and substantiates such performance in the monthly activity report. In the event services are not required or performed  in a given month,  NGSC  shall be under  no obligation to pay any compensation for that month as otherwise  provided herein. If Consultant fails to substantiate any invoice for  services, NGSC  shall have no obligation to compensate Consultant for such claimed services. In no event shall Northrop Grumman be obligated during the term of this agreement to pay fees of more than Two Hundred Forty Thousand Dollars ($240,000.00).

B.Expenses. NGSC shall reimburse Consultant in accordance with NGSC policy and procedures for all reasonable and necessary expenses incurred by Consultant in connection with the rendering of services hereunder,  provided  that all such expenses are approved in advance by the POC. Expenses shall  not exceed Thirty-Three Thousand Dollars ($33,000.00) during the term of this agreement. Claims for expenses must be  in  accordance  with  NGSC's established policies and limitations pertaining to allowable expenses and documented pursuant with FAR 31.205-46, Travel Costs, and Corporate/sector guidelines.

Exhibit 10.2

C.Maximum Compensation. Notwithstanding any other provisions of this Agreement to the contrary, NGSC shall not be obligated to request or to pay Consultant for any minimum amount of services, and in no event shall NGSC be obligated during the term of this Agreement for consulting fees and expenses of more than Two Hundred Seventy-Three Thousand Dollars  ($273,000.00)  in the aggregate.

D.Full Extent of Compensation. Unless otherwise specifically stated in writing, this Section IV represents the full extent of compensation under this Agreement and Consultant shall not be entitled by virtue of this Agreement to be paid a commission or to participate in any insurance , saving, retirement or other benefit programs, including, without limitation, stock ownership plans, offered by NGSC to its employees, nor shall this Agreement in any way modify any other agreement that Consultant may have with NGSC or any benefit Consultant may receive or be entitled to receive from NGSC or in connection with his prior employment.

E.Warranty. Consultant certifies and warrants that in the  course  of performing services under this Agreement, no payments will be made to government officials or customer representatives, that no government official or customer  representative has any direct or indirect investment interest  or interest  in the revenues or profits of Consultant, and that no expenditure for other than lawful purposes will be made.

F.Limitations on Activities . Consultant shall not contact U.S. Government officials or employees at the Senior Executive Service (SES) or Executive (EX) levels, or U.S. military officers above the rank of 0-6, on behalf of NGSC, without the prior approval of Consultant's POC. Consultant shall perform all reasonable tasks required to assist the POC in issuing the approval, including, but not limited to, briefing other Northrop Grumman Government Relations personnel on the nature and purpose of the contact when specifically requested by the POC.

Consultant is not authorized to and shall not engage in any of the following activities in his performance of this Agreement: (i)  Any  lobbying  activity  as defined in the Federal Lobbying Disclosure Act of 1995, Public Law 104-65;  (ii) Any activities covered by the Byrd Amendment (31 United States Code Section 1352). Therefore, Consultant  shall not influence or attempt to influence an officer or employee of any federal agency , Member of Congress, officer or employee of Congress or employee of a Member of Congress, in  connection  with  the awarding, extension, continuation , renewal, amendment or modification of any federal contract or cooperative agreement; (iii) Legislative lobbying activities deemed unallowable under Federal Acquisition Regulation (FAR) Section 31.205-22. Therefore, Consultant shall not attempt to influence the introduction, enactment, or modification of any federal or state legislation either through communication, directly or indirectly, with any member, officer,  or  employee  of any branch or department of the federal or any  state  or  local  government; through urging action by the public; or through activity (such as attending  legislative sessions or hearings, or gathering information about or analyzing the effect of legislation) to support or prepare for such an effort by or on behalf of Northrop Grumman; (iv) Actions regarding procurement information that are prohibited under FAR Section 3.104-3. Therefore, Consultant shall not solicit or obtain, directly or indirectly, from any officer or employee of a federal agency , or disclose to Northrop Grumman, any proprietary or source selection information regarding procurement during the conduct of that procurement; (v) Any meetings or direct or indirect contact, within or outside the United States, with any foreign government official, foreign government employee, foreign military member, or representative acting on behalf of any of the preceding. Any travel outside the United States.

Exhibit 10.2

G.Exclusion of Lobbying Costs from Overhead Rates. NGSC is prohibited from charging directly or indirectly, costs associated with lobbying activities to its contracts with the United States Government. Unallowable costs associated with lobbying activities are defined at Federal Acquisition Regulation (FAR) 31.205-22, effective as of the date of this Agreement. By entering into this Agreement with NGSC Consultant agrees that: In the event that lobbying activity is one of Consultant's responsibilities, a detailed accounting of time expended, individual agency/congressional employees contacted, and NGSC programs discussed will be included in the required activity report.

V.    TRADE SECRETS AND PROPRIETARY INFORMATION

A.Use and Disclosure to Third Parties Prohibited. Consultant shall not divulge, duplicate, disclose or communicate any information concerning  any matters affecting or relating to the business of NGSC without the express prior written consent of NGSC. Information shall include, but is not limited  to,  documents, electronic data in any form, and oral and  visual  disclosures. Consultant shall exercise all reasonable care to keep NGSC information confidential and shall not use NGSC information for any purpose other than the purposes of this consulting agreement. Upon the expiration of this Agreement, Consultant shall return all NGSC information or, at the direction of NGSC, shall destroy such information and certify, in writing, as to its destruction. The terms of this section shall remain in full force  and effect after the expiration  or termination of this Agreement.

B.Developments Consultants shall not make any Developments as defined below without the express written approval of  Northrop  Grumman.  In the  case that Consultant does make any Developments, the following applies.
"Developments" are inventions, whether or not patentable, new technology, Confidential Information, computer programs, copyrightable works, mask works, trademarks or other intellectual property. "Made" refers to made, created, conceived, authored, developed, or reduced to practice.
All Developments made by Consultant alone or jointly with others, whether or not during normal business hours or on Northrop Grumman premises, that are within the scope of Northrop Grumman's business, which result from or are suggested by any work Consultant or others may do on behalf of Northrop  Grumman,  shall be and are the property of Northrop Grumman. Consultant agrees to assign and hereby assigns to Northrop Grumman all of Consultant's rights to such Developments in all countries. Consultant agrees  to  promptly  disclose  to Northrop Grumman all Developments covered by this Agreement and will, at the request of Northrop Grumman at any time, including after my termination of this Agreement, cooperate in all lawful acts which may be necessary or  desirable  in the judgment of Northrop Grumman to protect for the benefit  of  Northrop Grumman all such Developments, including executing any patent application, or any application for registration or assignment relating to any such Development, without charge to Northrop Grumman.
During the term of this Agreement, Consultant will not, without the advance written approval of Northrop Grumman, engage in any activity that may constitute a conflict with Northrop Grumman's interests regarding Northrop Grumman Confidential Information or Developments. Any question whether a particular activity may constitute a conflict of interest shall be resolved by obtaining Northrop Grumman's written approval before engaging in that activity.
Pursuant to the Defend Trade Secrets Act of 2016, Consultant shall not be held criminally or civilly liable under any Federal or State trade secret law for the disclosure of a trade secret that (A) is made (i) in confidence to a Federal,  State,  or local government official, either directly or indirectly, or to an attorney and (ii) solely for the purpose of reporting or investigating a suspected violation of law; or
(B) is made in a complaint or other document filed in a lawsuit or  other  proceeding, if such filing is made under seal. An individual who files a lawsuit for retaliation by Northrop Grumman for reporting a suspected violation of law may disclose the trade secret to the attorney the individual and may use the trade  

Exhibit 10.2

secret information in the court proceeding, if the individual (A) files any document containing the trade secret under seal and (B) does not disclose the trade secret, except pursuant to court order.

C.Notes, Memoranda, Reports, and Data. Consultant agrees that  the original and all copies of notes, memoranda, reports,  findings or other data prepared by Consultant in connection with the  services  performed  hereunder shall become the sole and exclusive property of Northrop Grumman, and shall be delivered to Northrop Grumman upon termination of this  Agreement  or at any other time upon request.

D.Privacy and Confidentiality.
i.            "Confidential Information" includes, but is not limited to, information related to trade secrets, programs, business plans, inventions (whether patentable, patented or not),  processes,  formulas,  existing  or contemplated products, technical data, services, technology, concepts, computer programs, plans, studies, techniques, designs, specifications, patterns, contracts, presentations, and business information, and including information related to  any  research,  development, manufacture, purchasing, engineering, know-how, sales or marketing  methods, competitive analyses, methods of doing business, customer lists, or customer usages or requirements.
ii.     Consultant agrees that to hold all Confidential Information provided by Northrop Grumman to Consultant in strict confidence  and  only  use  such Confidential Information for purposes of representing Northrop Grumman. Consultant shall not use Northrop Grumman Confidential Information for Consultant's own purposes, nor divulge, disclose, sell or communicate any information concerning any matters  affecting  or relating to the business of Northrop Grumman to others (including any third party) without the express prior written  consent  of  Northrop  Grumman. Consultant shall take all reasonable precautions  to prevent  the  disclosure of information to third parties, including any foreign national, firm, or  country, and foreign nationals employed or associated with Consultant's company except as specifically authorized by Northrop Grumman. Consultant will not disclose to or cause Northrop Grumman to use Confidential Information of others, unless authorized by the owner .
iii.     In the event that Consultant becomes legally compelled (by deposition, interrogatory , request for documents, subpoena,  civil investigative demand or similar process) or is  compelled  by  stock exchange rules to disclose any such information provided by Northrop Grumman, Consultant will promptly notify Northrop Grumman so that Northrop Grumman may seek, at Northrop Grumman's expense (with Consultant's cooperation, if so requested by Northrop Grumman), a protective order or other appropriate remedy and/or waive compliance with this provision. In the event that such protective order or  other  remedy  is  not obtained, or that Northrop Grumman does not waive compliance with this provision, Consultant will furnish only that portion of the information which it is advised by opinion of its legal counsel is legally required. Such information shall, at all times, remain the property  of Northrop  Grumman and when requested by Northrop Grumman, Consultant shall return all information received from Northrop Grumman and any copies thereof to Northrop Grumman.
iv.     Confidential Information furnished to Consultant shall remain Northrop Grumman's proprietary property, shall be duplicated only as authorized in writing by Northrop Grumman, and shall be returned to Northrop Grumman or destroyed upon request or when no longer required for the performance of this Agreement. Consultant further agrees  not  to use any Northrop Grumman Information to develop any product, service or system, or to support any third party in the development of any product, service or system.
v.     Neither the existence of this Agreement nor the disclosure of Northrop Grumman Confidential Information or any other information hereunder shall be construed as granting expressly by implication, by estoppel or otherwise, a license under any invention or patent now or hereafter owned or controlled by the Northrop Grumman or Northrop Grumman's customer, except as specifically set forth herein.

Exhibit 10.2

vi.     Consultant's obligations with respect to Northrop Grumman Confidential Information disclosed hereunder prior to the performance  in full, termination or cancellation of this Agreement shall not, except as expressly set forth herein, be affected by such performance in full, termination, or cancellation.
vii.     Consultant shall respond promptly and  appropriately  to  any inquiries from Northrop Grumman related to compliance with this clause to include documentation and/or independent  evidence  of the  effectiveness of implemented controls.

E.Disclosure of Confidential or Proprietary Information of Third Parties Prohibited. Consultant shall not disclose to NGSC or induce NGSC to use any secret process, trade secret, or other confidential or proprietary knowledge or information belonging to others, including but not limited to the  United  States. Such information includes but is not limited to information relating to bids, offers, technical proposals, responses to requests for procurement, rankings of competitors and other similar procurement sensitive information.

F.Non-Public Information. Consultant's duties under this Agreement may involve access to material information that is  not  publicly  available  about Northrop Grumman Corporation. Consultant acknowledges  that  the  securities laws of the United States impose certain restrictions upon the use of material non-public information and he agrees to abide by such laws and regulations with respect to his and his family's transactions in Northrop Grumman stock and also with respect to his communication of such material, non-public information to others.

VI.    PRESERVATION OF TRADE NAMES, TRADEMARKS AND PATENT RIGHTS

All trade names, trademarks and patent rights of  NGSC  pertaining  to  the products of NGSC and/or its affiliates, including the names "Northrop", "Grumman", "Northrop Grumman Corporation" and "Northrop Grumman Systems Corporation" shall remain the sole property of NGSC and Consultant shall do all  things  necessary  to protect and preserve such trade names, trademarks and patent rights from claims by  other persons or entities.

VII. COOPERATION WITH NGSC

During and after the expiration of this  Agreement,  Consultant  shall  fully cooperate with NGSC in regard to any matter, dispute or controversy in which NGSC or  an affiliate is involved or may become involved and of which Consultant may have knowledge. To the extent such cooperation requires significant time and expenses, cooperation shall be subject to further agreement providing for reasonable.

VIII.    INDEMNIFICATION

Consultant shall indemnify, defend and hold NGSC harmless from any and all claims of third parties for loss or damage to property or injury  or  death  to  persons arising out of or relating to Consultant's activities or operations or omissions, including those of the Consultant's employees, pursuant to this Agreement. Such indemnification shall survive the expiration or termination of this Agreement.

IX.    INDEPENDENT CONTRACTOR

Consultant shall render all services hereunder as an independent contractor and shall not hold out himself or herself as an agent of NGSC. Nothing herein shall be construed to create or confer upon Consultant the right to make contracts  or commitments for or on behalf of NGSC. Consultant shall not utilize NGSC resources  in the performance of consultant activities including use of NGSC stationary, secretarial assistance, or assigned office space.

Exhibit 10.2

X.    TAXES

Consultant shall pay all taxes due with respect to the compensation  paid hereunder (including, without limitation, all taxes that may be due if the classification contemplated by the preceding paragraph is erroneous or if the Company is required to revise such classification).

In accordance with California law, NGSC is required to withhold income tax at the rate of 7% from payments to non-resident independent contractors for services performed in California. All tax withheld will be paid to the California franchise tax board by NGSC on Consultant's behalf and Form 592-b will be mailed to Consultant in January of the following year summarizing total California earnings and withheld tax. Consultant must indicate on each invoice the amount of billing that is attributable to services performed in California or tax at 7% will be withheld on the entire payment. If Consultant believes it is exempt from this withholding requirement, please complete California Form 588 or 590, which can be found online at http://www.ftb.ca.gov, and follow the instructions accompanying those forms.

XI.     OBSERVANCE OF APPLICABLE LAWS AND REGULATIONS
A.United States Laws.     Consultant shall comply with and do all things necessary for NGSC to comply with United States laws and regulations and express policies of the United States Government, including but not limited to the requirements of the Foreign Corrupt Practices Act, 15 U.S.C. Section 78 dd-1 et seq., the Federal Acquisition  Regulations,  48 CFR section 1.101 et seq.,("FAR"), the International Traffic In Arms Regulations, 22 CFR Parts 120 through 130 and applicable regulations; the Byrd Amendment (31 U.S.C.  Section 1352) and applicable regulations; the Office of Federal Procurement Policy Act (41 U.S.C. Section 423) and applicable regulations; and DoD Directive  5500.7  and  applicable regulations. No part of any compensation or fee paid by NGSC will be used directly or indirectly to make any kickbacks to any person or entity, or to  make payments, gratuities, emoluments or to confer any other benefit  to  an  official of any government or any political party. Consultant shall not seek,  nor relay to NGSC, any classified, proprietary or source selection information not generally available to the public. Consultant shall also comply with  and  do all things necessary for NGSC to comply with provisions of contracts between agencies of the United States Government or their contractors and NGSC which relate either to patent rights or the safeguarding of information pertaining to the security of the United States. This entire Agreement and/or the contents thereof may be disclosed to the United States Government.

B.No Selling Agency Employed.      Consultant further represents and warrants that no person or selling agency has been or will be employed or retained to solicit or secure any contract, including but not limited to a United  States Government contract, upon an agreement or understanding for a commission, percentage, brokerage, or contingent fee, excepting bona fide employees or bona fide established commercial  or selling  agencies  maintained by the Consultant for the purpose of receiving business.  In the event  of a breach or violation of this warranty, NGSC shall have the right to annul this Agreement without liability or in its discretion to deduct from the fee or consideration, or otherwise recover, the full amount of such commission, percentage, brokerage or contingent fee.

C.State and Local Laws And Regulations. Consultant  shall comply  with and do all things necessary for Consultant and NGSC and its affiliates each to comply with all laws and regulations of the Commonwealth of Virginia and any other state or locality, in which services hereunder are or may be rendered.

Exhibit 10.2

D.Maintenance Of Time And Expense Records. Consultant shall maintain appropriate time and expense records pertaining to the services performed under this Agreement. Said records shall be subject  to  examination  and  audit  by NGSC and the United States Government until notified  by NGSC in writing, that  the records no longer need to be maintained.

E.Certification. This Agreement is made in material reliance upon the representations and warranties made by Consultant. The effectiveness of this Agreement is contingent upon and will not commence until receipt by NGSC of the certifications set forth in Attachments A, C and D hereto. In the event that NGSC has reason to believe that these certifications are incorrect, NGSC may treat this Agreement as being null and void or may terminate this Agreement pursuant to Section XVI.

F.Standards of Business Conduct. Consultant hereby acknowledges  that he has received a copy of the Standards of Business Conduct (or amendment thereof) and agrees to conduct his activities for or on behalf of NGSC in accordance with such principles as a condition of this Agreement.

XII.    ASSIGNMENT OF RIGHTS

This Agreement and the rights, benefits, duties and obligations contained herein may not be assigned or otherwise transferred in any manner to third parties without the express written approval of NGSC. Any such assignment or transfer without prior  approval of NGSC will be null, void and without effect.

XIII.    MODIFICATION

No waiver or modification of this Agreement or of any covenant, condition, or limitation herein shall be valid and enforceable unless such waiver or modification is in writing and agreed by both parties.

XIV.    USE OR EMPLOYMENT OF THIRD PARTIES

Consultant shall not utilize or employ any third party, individual or entity, in connection with Consultant's performance of services under this Agreement without the express written approval of NGSC.

XV.    CONFLICTS OF INTEREST

No business or legal conflicts of interest  shall exist between  services  performed or to be performed by Consultant on behalf of NGSC  and by Consultant  on behalf  of  any other client. The identity of  Consultant's  directorships,  other  employment  and clients shall be fully disclosed in the Certification, Attachment D. Consultant will avoid entering into any business arrangement  that presents  an appearance  of or a potential  for any such conflict of interest. In the event there is a change to Consultant's directorships, other employment and/or clients, Consultant is required  to provide  NGSC an updated copy of Attachment D within five (5) days of such change.

XVI.    TERMINATION

Subject to any applicable ethical or legal constraint, either party  may  terminate this Agreement upon thirty days written notice to the other.

In the event of a violation by Consultant of any term or condition, express or implied, of this Agreement or of any federal, state or local law or regulation pertaining to or arising from Consultant's performance of services under this Agreement, NGSC may, in its discretion, terminate this Agreement immediately, without prior notice, and in such event Consultant shall be entitled to compensation only up to the time of such violation.

Exhibit 10.2

Notwithstanding the foregoing, in the event that Consultant is: (1) adjudicated a bankrupt or petitions for relief under bankruptcy, reorganization,  receivership, liquidation, compromise or other arrangement or attempts to make an assignment for the benefit of creditors, this Agreement shall be deemed  terminated  automatically, without requirement of notice, without further liability or obligation to NGSC; or (2) nominated to a politically appointed position, this Agreement  shall  be  deemed terminated effective as of the day before any affirmative Senate Committee confirmation vote.

XVII.    SEVERABILITY OF PROVISIONS

All provisions contained herein are severable and in the event any of them  are held to be invalid by any competent court, this Agreement shall be interpreted as if such invalid provision was not contained herein.

XVIII.    AVAILABILITY OF EQUITABLE REMEDIES

Consultant understands and agrees that any breach or evasion  of any  of the terms of this Agreement will result in immediate and irreparable injury to NGSC and will entitle NGSC to all legal and equitable remedies including,  without  limitation,  injunction or specific performance.

XIX.    GOVERNING LAW

This Agreement and the performance hereunder shall be governed by and construed in accordance with the laws of the Commonwealth of Virginia (excluding any conflicts of laws provisions), which shall be the exclusive  applicable  law.  Consultant shall submit to the jurisdiction of the courts within the Commonwealth of Virginia for any claim, demand or suit that may arise in connection with this Agreement and Consultant specifically waives any objection or defense to venue and jurisdiction.

XX.    SETTLEMENT OF DISPUTES

NGSC and Consultant hereby consent to the resolution by arbitration of all disputes, issues, claims or controversies arising out of or in connection with this Agreement, that NGSC may have against Consultant, or that Consultant may  have against NGSC, or against its officers, directors, employees or agents acting in their capacity as such; provided however, that in order to comply with the requirements of section 8116 of P.L.111-118 (the "Franken Amendment") and its  implementing regulations, Consultant is not required to arbitrate any claim under Title VII of the Civil Rights Act of 1964 or any tort related to or arising out of sexual assault or harassment, including assault and battery, intentional infliction of emotional distress, false imprisonment, or negligent hiring, supervision, or retention, regardless  of  when  that claim arises or has arisen. Consultant may, but is not required to, request arbitration of such claims. Each party's promise to resolve all such claims, issues, or disputes by arbitration, except as noted above, in accordance with this Agreement rather than through the courts, is consideration for the other party's like promise. It is further agreed that the decision of an arbitrator on any issue, dispute,  claim  or controversy  submitted for arbitration, shall be final and binding upon the NGSC and Consultant and that judgment may be entered on the award of the arbitrator in any court having proper jurisdiction.

Except as otherwise provided herein or by mutual agreement of the parties, any  arbitration shall be administered in accordance with the then-current Model Arbitration Procedures of the American Arbitration Association (AAA) before an arbitrator who is licensed to practice law in the state in which the arbitration is convened. The arbitration shall be held in Fairfax County, VA or at any other location mutually agreed upon by the parties.

The parties shall act reasonably and in good faith to agree upon the arbitrator .

In reaching his or her decision, the arbitrator shall have no authority to change or modify any lawful NGSC or affiliate policy, rule or regulation or this Agreement.

Exhibit 10.2

XXI.    NOTICE

Any notice to be given hereunder shall be in writing, mailed by certified or registered mail with return receipt requested addressed to NGSC:

Northrop Grumman Systems Corporation 
45101 Warp Drive, Building 1
Dulles, VA 20166-6874
Attn.: General Counsel

or to Consultant at their residential or business address, or to such  other  address  as may have been furnished at the date of mailing either by NGSC or Consultant in writing.

XXII.    SECURITY REQUIREMENTS

Consultant shall comply with all security requirements of the United States Government affecting NGSC and shall not engage in any services for which Consultant does not have a proper security clearance. Further, Consultant shall comply with  all United States Government and NGSC requirements applicable to Special Access Required ("SAR") Programs in which NGSC is involved.

Consultant shall not possess  classified material  except at NGSC's cleared  facility  or the U.S. Government's cleared facility.  If Consultant performs services under this Agreement  in connection  with any  program  in SAR  status,  prior  to  any  foreign  travel Consultant shall obtain the approval of NGSC's Division Security.

XXIII.    INFORMATION SECURITY

Consultant will comply with all applicable laws, statutes and regulations in the handling, transmitting and safeguarding of information provided by Northrop Grumman including, but not limited to, data protection, privacy, data transfer, and export laws. Information provided by Northrop Grumman in connection with this matter shall not be stored or transmitted outside of the U.S. without Northrop  Grumman's  express permission.

Consultant further agrees that it will take reasonable measures to safeguard and protect all information provided by Northrop Grumman, including all company sensitive, third party and personally identifiable information, from inadvertent disclosure, unauthorized disclosure, or unauthorized access, regardless of whether such information is in paper, electronic or other form. Consultant represents that it has a comprehensive information security program that is comparable to, meets, or exceeds  the  requirements  in  Appendix A.

Consultant agrees that it will flow down the  data security  and compliance  requirements in Appendix A in any agreement with a third-party supplier, retained in connection with this matter that will receive Sensitive Information.

The terms of this section shall remain in full force and effect after the termination or expiration of this Agreement. Sensitive information exchanged pursuant  to  this Agreement should be returned to Northrop Grumman within 30 days of  termination, unless otherwise agreed to by the parties.

XXIV.    COMPLETE AGREEMENT

This Agreement constitutes the entire  agreement  of the parties  with respect  to the engagement of Consultant by NGSC. The parties stipulate and agree that neither of them has made any representation with respect to this Agreement except that such representations are specifically set forth herein.  The  parties  acknowledge  that  any other payments or representations that may have been made are of no effect and that neither party has relied on such payments or representations in connection with this Agreement or the performance of services contemplated herein.

Exhibit 10.2

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be entered into and executed as set forth below.

NORTHROP GRUMMAN SYSTEMS CORPORATION

/s/ Bobby Lentz                    April 8, 2022
_____________________________        _____________________________
Date

CONSULTANT ACCEPTANCE:

/s/ Blake Larson                    April 11, 2022
_____________________________        _____________________________
DateExhibit 10.1
​

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SEPARATION AND RELEASE AGREEMENT
This Separation and Release Agreement (the “Agreement”) between Suzanne Cain (“you” or “your”) and Janus Henderson Investors US LLC (“Employer” and together with you, “Parties”) sets forth in its entirety the terms and conditions of the Parties’ agreement related to the termination of your employment with Employer.
For purposes of this Agreement, “Employer” includes Janus Henderson Investors US LLC and any company related to Janus Henderson Investors US LLC, in the past or present (including, without limitation Janus Henderson Group plc, Janus Henderson US (Holdings) Inc., and Janus Henderson Distributors US LLC); the past and present officers, directors, employees, attorneys, agents and representatives of any entity within Employer; any present or past employee benefit plan sponsored by any entity within Employer and/or the officers, directors, trustees, administrators, employees, attorneys, agents and representatives of any such plan; and any person who acted on behalf of any entity within Employer or on instruction from any entity within Employer.
	1.	Termination Date and Role.  You will be leaving Employer effective July 15, 2022 (the “Termination Date”). All communications regarding the separation by either Party, with the exception of those required by law or regulation, shall take the form of, or be materially consistent with a statement reviewed by you and Employer (“Statement”), a copy of which will be attached hereto as Exhibit B upon effectiveness of this Agreement. 

		a.	Until the Termination Date, you will continue to serve as Global Head of Distribution, with duties, authorities and responsibilities commensurate with such title and/or as may reasonably be assigned to you by the Chief Executive Officer or Interim Chief Executive Officer, or such other person as designated by Employer.  Until the Termination Date, and excluding any periods of disability, vacation and sick leave to which you are entitled, you agree to devote your attention and time during normal business hours to the business and affairs of Employer as reasonably directed or specified by Employer, and to use your reasonable best efforts to perform such responsibilities to the extent necessary to discharge your responsibilities hereunder. 

		b.	You and Employer acknowledge and agree many of your principal responsibilities may be transferred to other Employer employees, and that, therefore, your day-to-day job functions may change substantially as the period progresses until the Termination Date. You and Employer also acknowledge and agree that while you will remain a member of Employer’s senior executive team and in that capacity will be required and expected to perform only executive level job functions, it may be inappropriate or unnecessary to include you in all executive team meetings that Employer may conduct.

		c.	As of the Termination Date, you shall be deemed to have resigned from all positions with Employer, with any fund or account managed by Employer, and all affiliates thereof, including without limitation, employment, directorships, non-executive roles, officers and committee memberships. You agree to take all actions deemed 

Separation Agreement – Suzanne Cain

			reasonably necessary by Employer to effectuate or evidence such resignations.  Thereafter, you shall not be deemed an employee of Employer or any affiliate or fund, and except as provided in this Agreement shall not be entitled to participate in any Employer benefit program of any kind.

	2.	Payments and Benefits.  Regular wages and benefits earned through the Termination Date will be paid in accordance with Employer’s normal payroll processes and subject to state reporting and tax withholding requirements as determined by Employer.  You are entitled to no extra or extraordinary wages, other wages, commissions, vacation pay, sick pay, bonuses, benefits or other compensation.  Payment of all sums specified in this Agreement will constitute full payment of all amounts owed by Employer to you. In consideration of your release and waiver and other agreements as set forth in this Agreement, Employer also agrees to pay to you or provide you with the following:

		a.	Employer shall pay/grant you a 2022 bonus award (“2022 Award”) of One Million, Three Hundred Sixty-Five Thousand Dollars and Zero Cents ($1,365,000), less all tax deductions and withholdings required by federal and state law as determined by Employer.   This 2022 Award was calculated pro rata for the period January 1, 2022 through July 15, 2022, and determined in accordance with normal business practice, adjusted up or down taking into consideration firm, department, and individual performance. This 2022 Award will be subject to mandatory deferral under the terms of the Employer’s current deferral scheme and will be delivered in the form of restricted stock units in Janus Henderson Group plc and mutual fund units. This payment is subject to receipt of your executed Supplemental Release and your continued employment with Employer through the Termination Date. This amount will be paid irrespective of whether you find other employment, following the Effective Date (defined below) of this Agreement. The cash portion of the 2022 Award will be paid by direct deposit to your bank account and the deferred portion added to your deferred account, as soon as administratively possible after expiration of the 7-day period described in the attached Supplemental Release at paragraph 7. The payment of this amount is contingent on you having complied with this Agreement.  

		b.	Upon providing the Employer with verification of you and your dependents enrollment in the Consolidated Omnibus Budget Reconciliation Act (“COBRA”), the Employer will establish a COBRA subsidy to directly pay the monthly cost on your behalf for up to 12 months following your Termination Date, provided such payments are permitted by law.  In the event that you are no longer covered by COBRA during the 12 months following your Termination Date, the Employer will terminate any remaining subsidy payments.  You are responsible for any payment of taxes, interest and/or penalty resulting from this subsidy.

c.Employer will make available to you six (6) months of outplacement assistance through Lee Hecht Harrison.  In order to receive these services, you must initiate use of the services within thirty (30) calendar days of your Termination Date.  More information on this service will be provided upon request.

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You acknowledge that the foregoing payments and benefits, set forth in the subparagraph(s) above are more than you might otherwise have received had you not signed this Agreement. You acknowledge and agree that these payments and benefits constitute adequate legal consideration for the promises and representations made by you in this Agreement.
	3.	Long Term Incentive Awards.  Unless otherwise provided for in your respective DIP Fund Awards, Mutual Fund Unit Awards, DIP Share Unit Awards, Restricted Stock Unit Awards, and Restricted Stock Awards (collectively, the “Awards”), all Awards which are outstanding as of your Termination Date shall continue to vest in accordance with the schedules set forth in the respective award agreements related to the termination of employment, subject to your complying with the terms of those award agreements.

	4.	Janus 401(k), Profit Sharing and Employee Stock Ownership Plan. This Agreement shall not diminish or otherwise affect your vested rights under the Janus Capital Group 401(k), Profit Sharing and Employee Stock Ownership Plan (the “Plan”).  The Parties expressly agree that after the Termination Date, no Employer Entity shall make any contribution on your behalf to the Plan, excepting only such contributions as are expressly required by the terms of the Plan.  

	5.	Expense Reimbursement. Employer shall reimburse you for your reasonable and authorized business expenses related to your employment with Employer through the Termination Date, consistent with Employer’s policies, and conditioned on your presentation to Employer, before the Effective Date (defined below), of documentation verifying such expenses.

	6.	Taxes.  You agree that it shall be your exclusive obligation to pay all amounts, if any, that may be determined to be due and owing by you as taxes, interest and penalties arising out of the payments and benefits set forth in paragraphs 2 and 3 above.  You shall defend and indemnify Employer from and against any claim (including legal fees and costs) for tax liability that Employer may incur as a result of taxes owed by you, as a result of consideration provided to you pursuant to paragraph 2 of this Agreement. This provision does not extend to any deductions and withholdings required by law to be made by Employer. Vesting of the deferred portion of the 2022 Award will be reported on applicable federal and state Forms W-2 and will be paid in accordance with Employer’s normal payroll processes and state reporting requirements as determined by Employer. 

	7.	References.  In response to requests for references from prospective employers, Employer will provide only the dates of your employment and positions held and may refer parties to public statements made in accordance with the Statement.

	8.	Consideration for Payments and Benefits.  In consideration for the payments and benefits described in paragraph 2, you agree to the following: 

		a.	Assent and Release:

	i.		You agree that you have entered into this Agreement on a purely voluntary basis, you understand it, and, in consideration for the provision of the payments and benefits described in paragraph 2, you further agree to, and do hereby, release Employer together with its respective present or former members, managers, officers, directors, employees, owners, parent companies, subsidiaries, representatives, insurers, successors, assigns, counsel, 

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			shareholders and agents (each an “Employer Party”), from any and all claims, lawsuits, damages and/or liabilities whatsoever (including, but not limited to, claims of employment discrimination under federal, state or local laws, rules, regulations or executive orders) arising out of or in connection with your employment relationship with Employer and/or he conclusion of said relationship or otherwise. The agreements set forth in this paragraph are effective, and the Agreement itself is effective, as of the date which is eight (8) days after you sign this Agreement, provided this Agreement has not been revoked by you as of that time (the “Effective Date”).  

	ii.		You expressly acknowledge and agree that, by entering into this Agreement, you are waiving any and all rights or claims that you may have arising under the Age Discrimination in Employment Act of 1967, the Older Workers Benefits Protection Act of 1990, the Americans with Disabilities Act of 1990, Title VII of the Civil Rights Act of 1964, as amended, the Civil Rights Act of 1991, as amended, the Civil Rights Acts of 1866 and 1871, as amended, the Equal Pay Act, the Family and Medical Leave Act, the Occupational Safety and Health Act, the Federal False Claims Act, the Employee Retirement Income Security Act (ERISA), the Worker Adjustment and Retraining Notification Act, the Colorado Anti-Discrimination Act, the Colorado Civil Rights Act, the Colorado Labor Peace Act, and the common law of the State of Colorado, for compensation, damages, tort, breach of express or implied employment contract, breach of an express or implied covenant of good faith and fair dealing, discrimination, harassment, wrongful discharge, intentional infliction of emotional distress, invasion of privacy, attorneys’ fees, defamation or injuries incurred on the job or incurred as a result of loss of employment, or any other claim as of the date you execute this Agreement.  The agreements set forth in this paragraph are effective upon the Effective Date.

	iii.		You acknowledge that, by signing this Agreement, you are releasing and waiving, among other things, claims which you do not know or suspect to exist through the date of your execution of this Agreement, including claims, which if known by you, might have affected your decision to enter into this Agreement.  You are not waiving any rights to claims that may arise after the date this Agreement is executed.

	iv.		This Agreement shall not be construed to waive or release your rights under Employer’s employee benefit plans applicable to you as of the Termination Date, nor shall this Agreement and Release be construed to waive any rights you may have to apply for and collect unemployment benefits.

	v.		This Agreement shall not be construed to waive or release any coverage under insurance policies covering Employer and any parent company, affiliate or subsidiary of Employer, for claims against company officers or employees of Employer and any parent company, affiliate or subsidiary of Employer during your period of employment.  Your coverage under these insurance policies will 

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			extend to any future claims relating to your employment prior to your Termination Date.

	vi.		You agree and acknowledge that you will not be entitled to any monetary or equitable relief or remedies pursuant to any claims referenced or released by this paragraph 8.  If you or an attorney acting on your behalf files any civil action in any court or files any charge or complaint with an administrative agency, asserting any claims against Employer or any Employer Party, and seeking personal relief or remedies for you, this Agreement may be used by Employer or any Employer Party as a complete defense to your claims and the personal relief or remedies.  You shall be obligated to pay all costs, expenses, and attorney fees incurred by Employer or any Employer Party in defending against your claims in any such court action or agency, and tender back any monies paid pursuant to this Agreement.  Nothing in this Agreement shall prohibit either Party from bringing an action to enforce this Agreement or prohibit you from filing a timely charge or complaint with the U.S. Equal Employment Opportunity Commission (“EEOC”) or participating in any investigation or proceeding conducted by the EEOC, although by signing this Agreement you waive and relinquish any right to personal recovery of any type or personal injunctive relief in connection with any such charge or complaint.

		b.	Additional Acknowledgements.  You further expressly acknowledge and agree that: 

i.You have no current entitlement to the payments and benefits described in paragraph 2 of this Agreement, and therefore, in exchange for waiving and releasing any claims or rights under the Age Discrimination in Employment Act and/or other statutes, laws, rules or executive orders described in this Agreement, you will receive compensation and benefits beyond that which you were entitled to receive before entering into this Agreement.
ii.To the extent permitted by law and except with respect to your attorney, your financial advisor, or your spouse, as noted in paragraph 11 below, you will keep all terms of this Agreement confidential.
iii.You hereby are advised by Employer in writing to consult with an attorney before signing this Agreement.
iv.You have 21 days from the receipt of this Agreement to decide whether to agree to it.  To accept the Agreement, you must sign it and return it to Tiphani Krueger, HR, Janus Henderson Investors, 151 Detroit Street, Denver, CO 80206 by close of business on the 21st day after you received this Agreement.  If Employer has not received a signed Agreement by that time, any offer herein to make the payments and provide the benefits described in paragraph 2 will automatically expire and no longer be available to you.  By executing, dating and returning this Agreement to Employer prior to the end of the 21-day period, you will be voluntarily waiving this 21-day review period.  You also agree that changes in this Agreement will not restart the running of the 21-day period.

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v.You have seven (7) days after signing this Agreement to revoke it.  The release agreed to in this Agreement will not be effective until the 7-day period has expired, and the payments and benefits described in paragraph 2 will not be paid until expiration of the 7-day period following execution and effectiveness of the Supplemental Release.  To revoke this Agreement, you must provide written notice of revocation to Tiphani Krueger, HR, Janus Henderson Investors, 151 Detroit Street, Denver, CO 80206, no later than close of business on the seventh day after you sign this Agreement.  If you revoke this Agreement, it will not become effective or enforceable and you will not receive the payments and benefits described in paragraph 2.
vi.    Reaffirmation.  You and Employer agree to execute the attached Supplemental        Release on or within twenty-one days after the Termination Date in order to extend and reaffirm the promises and covenants made by you in this Agreement, including but not limited to the waiver and release of all claims.  If you fail to execute the Supplemental Release on or within twenty-one days after the Termination Date or if you timely revoke the acceptance of the Supplemental Release, you shall not receive the payment and benefits set forth in paragraph 2.
	9.	No Claims Filed; Government Agency Claims Exception.  You hereby warrant, to the maximum extent permitted by law, that you have not filed any charge, claim, or complaint of any kind against Employer or any Employer Party.  You understand that, because you are waiving and releasing all claims for monetary damages and any other form of personal relief, you are not entitled to any such monetary or equitable damages or other form of personal relief for any of the claims identified above and waived in this Agreement, except as set forth in paragraph 2. However, nothing in this Agreement shall be construed to prohibit you from reporting conduct to, providing truthful information to or participating in any investigation or proceeding conducted by any federal or state government agency or self-regulatory organization.

	10.	No Claims Assigned.  By signing this Agreement, you warrant that you have not assigned or transferred to any person any portion of any claims which are released, waived and discharged in paragraph 8.

	11.	Confidentiality.  Until such time as this Agreement is publicly available by Employer pursuant to regulation, you will not disclose, directly or indirectly, this Agreement or any of its terms or provisions, to any third party, the only exceptions being disclosures, discussions, publications or communications (a) specifically ordered by a court, agency or other governmental authority, including in response to a validly issued subpoena; (b) by you to your attorney or financial advisor for purposes of obtaining professional advice (the restrictions stated in this paragraph shall automatically apply to your attorney and/or financial advisor, and you shall so advise your attorney and/or financial advisor); (c) by you to your spouse (the restrictions stated in this paragraph shall automatically apply to your spouse, and you shall so advise your spouse), or (d) as required by law or regulation.  Employer shall be entitled to equitable and legal remedies, including a damage award and an award of attorney fees against you, in the event of a breach of this paragraph 11.  If you violate this paragraph 11, the actual damages suffered by Employer 

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		would be difficult to ascertain. Therefore, if you violate paragraph 11, you shall be liable to Employer for liquidated damages, not a penalty, in the amount of $25,000 for each violation.

	12.	Non-Disclosure.  You agree that, at all times from the date of this Agreement, you will hold and treat as confidential any and all Confidential Information provided to you by or which you obtained from Employer or any person or entity affiliated with Employer during your employment regarding any aspect of the business of Employer or any entity affiliated with Employer.

“Confidential Information” means any proprietary information of any kind that it is marked or identified as confidential or is disclosed under circumstances that would lead a reasonable  person to believe such information is confidential and that is related to the business of Employer or any entity affiliated with Employer and that derives independent economic value from not being generally known to the public or to other persons who can obtain economic value from its disclosure or use, and is subject to efforts by Employer that are reasonable under the circumstances to maintain its secrecy, including but not limited to Employer’s trade secrets.  Examples of Confidential Information include, but are not limited to, (1) inventions, discoveries, concepts and ideas (whether patentable or not) relating to the markets, products and services or potential markets, products and services of Employer; (2) the terms of any agreements, draft agreements or other legal documents including this Agreement; (3) information concerning employees, including salary information; (4) technological information related to Employer’s markets, products and services, including but not limited to business processes; (5) Employer’s software and computer programs and interface programs and improvements thereto and access codes and passwords, electronic codes or other coding; (6) Employer’s technology, research, trade secrets, and know-how; (7) Employer’s sales techniques, product development, projections, sales records, contract terms, business plans, sales tools, and product and service pricing information; (8) Employer’s customer lists or names and addresses and other information concerning customers and potential customers, including information concerning customer requirements or preferences, customer contacts and decision-makers and decision-making processes, customer budgeting processes, customer business processes and information processing techniques, customer marketing strategies and business plans; (9) Employer’s marketing strategies, product and market development strategies, strategic business plans and market information; and (10) financial analysis, financial data and reports, financial projections, profits, margins, and all other financial information.
Notwithstanding the foregoing, “Confidential Information” does not include information that: (i) was publicly available or in the public domain at the time disclosed; (ii) was or became publicly available or entered the public domain through no fault or action by you; (iii) was rightfully communicated to you by persons not bound by confidentiality obligations with respect thereto; (iv) was already in your possession free of any confidentiality obligations with respect thereto at the time of disclosure; (v) was independently developed by you without access to the Confidential Information; (vi) was – or is – approved for release or disclosure by Employer in writing without restriction, or (vii) is provided in accordance with the Government Agency Claims Exception set forth above in paragraph 9.

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	13.	Non-Solicitation.  You acknowledge that your role as a senior executive of Employer creates a relationship of confidence and trust between you and Employer, any parent company, affiliate or subsidiary (each, a “Janus Entity” and collectively, the “Janus Entities”), with respect to confidential and proprietary information applicable to the business of the Janus Entities and their clients. You further acknowledge the highly competitive nature of the business of the Janus Entities. To protect Employer’s trade secrets and Confidential Information, for a period of twelve (12) months following the Termination Date, you shall not, without Employer’s prior written consent, for any reason, directly or indirectly, either alone or jointly with or on behalf of any other person, firm or company (i) solicit the services of, hire, or endeavor to entice away from a Janus Entity for which you worked in the period of 12 months prior to the Termination Date, any director, employee or consultant of the Janus Entity with whom you worked or had dealings during the course of your employment; or (ii) solicit, canvass, approach or accept any approach from any Customer of a Janus Entity with a view to obtain their custom or supply for a Competitor.  For purposes of this paragraph, “Customer” means any person, firm or company which at or within a period of two years prior to the Termination Date has done business with a Janus Entity as a customer, client or supplier, or which the Janus Entity is or was in the process of negotiating with a view to such person, firm or company becoming a customer, client or supplier, and with whom you worked or had dealings with in the course of your employment and with whom or which you first had contact or otherwise developed a relationship while employed by Employer; and “Competitor” means an actual or prospective competitor of any business carried on by the Janus Entity in which you worked at any time during the period of one year prior to the Termination Date and with whom or which you first had contact or otherwise developed a relationship while employed by Employer.

	14.	Non-Disparagement.  You shall not criticize, denigrate or otherwise disparage Employer or any Employer Party. If you violate this paragraph 14, the actual damages suffered by Employer would be difficult to ascertain. Therefore, if you violate paragraph 14, you shall be liable to Employer for liquidated damages, not a penalty, in the amount of $25,000 for each violation. However, nothing in this Agreement shall be construed to prohibit you or Employer from reporting conduct to, providing truthful information to or participating in any investigation or proceeding conducted by any federal or state government agency or self-regulatory organization.  

	15.	Employer Property.  You agree that, except with the written consent of Employer, you have returned or will immediately return all Employer property in your possession and control, including all keys, access cards, policy and procedures manuals, software, computers, tablets, hardware, cell phones, disks, files, electronic files or other materials (including, without limitation, those documents, electronic files or other materials that Employer or an Employer Party has designated as confidential, proprietary or privileged, or which by their nature should be recognized as such).  If you later learn that you have any Employer property, you agree that you will promptly notify Employer and make arrangements to immediately return all such property, except as allowed with Employer’s written consent.  Failure to timely return property belonging to Employer may cause Employer to offset the value of such property or the costs of replacing such property against any remaining payments to which you are otherwise entitled under this Agreement.

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	16.	Cooperation with Litigation or Other Legal Matters.  You acknowledge that you may have factual information or knowledge that may be useful to Employer in connection with current or future legal, regulatory or administrative proceedings.  You will cooperate to a reasonable extent with Employer in the defense or prosecution of any such claims.  Your cooperation shall include being reasonably available to meet with counsel to prepare for discovery or trial and to testify truthfully as a witness.  Employer will not compensate you for testifying as a fact witness, but it may reimburse you for reasonable expenses associated with travel, meals, lodging, or other out-of-pocket expenses. 

	17.	Injunctive and Other Relief.  You agree and acknowledge that any violation of any provision of paragraphs 8-14 of this Agreement shall constitute a material breach of this Agreement that will cause irreparable harm to Employer.  Therefore, you agree that any such breach or threatened breach by you shall give Employer the right to specific performance through injunctive relief, without the need for Employer to prove irreparable harm, requiring you to comply with your obligations under this Agreement in addition to any other relief or damages allowed by law.  In addition, if Employer has reason to seek injunctive or other legal relief to enforce any provision of paragraphs 8-14, it may suspend any payments or other consideration otherwise payable to you at that time and may seek recovery of any payments or other consideration already paid to you.  Any suspension of the payments or other consideration to be paid, or any recovery of paid payments or other paid consideration, shall not void your release of claims under this Agreement, which shall remain in full force and effect. 

	18.	Severability.  If any provision of this Agreement or the application thereof is held invalid, the invalidity shall not affect other provisions or applications of this Agreement which can be given effect without the invalid provisions or application, and to this end the provisions of this Agreement are declared to be severable. The Parties agree that any such invalid provision may be modified by an arbitrator or court in such a manner as to be enforced to the maximum extent possible to effectuate the intentions of the Parties hereto.  However, should a court of competent jurisdiction declare the waiver and release of claims contained herein to be invalid or unenforceable, you agree to execute a valid waiver and release of claims or to return in full within 10 days of such declaration all payments and benefits provided to you pursuant to paragraph 2, at Employer’s election.

	19.	Colorado Laws and Jurisdiction; Dispute Forum.  This Agreement shall be construed in accordance with the laws of the State of Colorado, without regard to its conflict of laws rules.  Any and all claims, disputes, or controversies between you and Employer or any and all Employer Parties or Janus Entities, including but not limited to those arising out of or related to this Agreement, shall be tried only in the state or federal courts situated in the Denver, Colorado metropolitan area. Such claims, disputes or controversies shall be tried to a court without a jury.

	20.	No Waiver of Breach.  No waiver of any breach of any term or provision of this Agreement shall be binding unless in writing and signed by the Party waiving the breach.  No waiver of any breach of any term or provision of this Agreement shall be construed to be, nor shall be, a waiver of any other breach of this Agreement.

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	21.	Knowing and Voluntary.  You have carefully read and fully understand all of the provisions of this Agreement. You knowingly and voluntarily entered into this Agreement. 

	22.	Further Assurances.  The Parties agree to cooperate fully and to execute any and all supplementary documents and to take all additional actions that may be necessary or appropriate to give full force to the terms of this Agreement.

	23.	Entirety.  This Agreement embodies the entire agreement and understanding between the Parties and, unless stated otherwise, supersedes all prior agreements and understandings related to the subject matter hereof. No amendment to this Agreement will be effective unless it is in writing and signed by both Parties.

	24.	Not an Admission.  Nothing contained in this Agreement is intended to be, or shall be construed to be, an admission of any liability by any Party or an admission of the existence of any facts upon which liability could be based.

	25.	Interpretation of Agreement; Headings.  The language used in this Agreement shall be deemed to be the language chosen by the Parties to express their mutual intent, and no rule of strict construction shall be applied against either.  The descriptive headings in this Agreement are for convenience of reference only and shall not be deemed to affect the meaning or construction of any of the provisions hereof.

	26.	Execution in Counterparts.  This Agreement may be signed in multiple counterparts, each of which shall be deemed to be an original for all purposes.

​
[Signatures on following page.]

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If this Agreement is satisfactory to you, please so signify by signing in the place provided below and return all original pages to Employer, attention Tiphani Krueger.  If you do not revoke this Agreement as set forth in paragraph 8, then it will be deemed effective immediately after the revocation period expires, after which a fully-executed copy of this Agreement will be delivered to you.
​
By:  ​ ​​ ​​ ​​ ​​ ​​ ​​ ​
Name:Tiphani Krueger
Title:Global Head of Human Resources
Date:June 15, 2022
​
​
​
​
I ACKNOWLEDGE THAT I HAVE READ THIS AGREEMENT, THAT I HAVE BEEN ADVISED THAT I SHOULD CONSULT WITH AN ATTORNEY BEFORE I EXECUTE THIS AGREEMENT, AND THAT I UNDERSTAND ALL OF ITS TERMS, INCLUDING THOSE TERMS THAT CAUSE A RELEASE OF ALL KNOWN AND UNKNOWN CLAIMS INCLUDING THOSE PURSUANT TO THE AGE DISCRIMINATION IN EMPLOYMENT ACT, AS AMENDED, AND OTHER LAWS PROHIBITING DISCRIMINATION IN EMPLOYMENT AND THAT I EXECUTE THIS AGREEMENT VOLUNTARILY WITH FULL KNOWLEDGE OF ITS SIGNIFICANCE AND THE CONSEQUENCES THEREOF.  
Signed this 15th day of June, 2022 by:
 ​ ​​ ​​ ​​ ​​ ​​ ​​
Suzanne Cain
​

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EXHIBIT A
Supplemental Release
This Supplemental Release ("Supplemental Release") is between Janus Henderson Investors US LLC (the "Employer") and Suzanne Cain (“you”) (each a "Party," and together, the "Parties").
Recitals
You and Employer are Parties to a Separation and Release Agreement to which this Supplemental Release is appended as Exhibit A and is incorporated herein by reference (the “Separation Agreement”).
You wish to receive the payment and benefits described in paragraph 2 of the Separation Agreement (the “Package”) and therefore must sign this Supplemental Release after the Termination Date.
You and Employer wish to resolve, except as specifically set forth herein, all claims between you arising from or relating to any act or omission predating the Effective Date defined below.
Agreement
The Parties agree as follows:
1.After the Effective Date of the Supplemental Release, as defined in paragraph 7 below, Employer shall pay or provide to you the entire Package, as, when and on the terms and conditions specified in the Separation Agreement, if not otherwise paid in accordance with the Separation Agreement.
2.In consideration of the Package and Employer's other covenants and agreements contained herein, you, on your own behalf and on behalf of your heirs, personal representatives, executors, administrators and assigns, knowingly and voluntarily release and forever discharge Employer and its affiliates and any of their respective parents, subsidiaries and affiliates, together with all of their respective past and present directors, members, managers, officers, shareholders, partners, employees, agents, attorneys and servants, and each of their affiliates, predecessors, successors and assigns (collectively, the "Employer Releasees") from any and all claims, charges, complaints, promises, agreements, controversies, liens, demands, causes of action, obligations, damages and liabilities of any nature whatsoever, known or unknown, suspected or unsuspected, which against them you or your heirs, executors, administrators, or assigns ever had, now have, or may hereafter claim to have against any of Employer Releasees by reason of any matter, cause or thing whatsoever from the beginning of time through the date hereof, whether or not previously asserted before any state or federal court, agency or governmental entity or any arbitral body. This release includes, without limitation, any rights or claims relating in any way to your employment relationship with Employer or any of Employer Releasees, or your separation therefrom, or arising 

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under any statute or regulation, including Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, Age Discrimination in Employment Act of 1967 ("ADEA"), the Americans with Disabilities Act of 1990, the Employee Retirement Income Security Act of 1974, and the Family Medical Leave Act of 1993, each as amended, or any other federal, state or local law, regulation, ordinance, or common law, or under any policy, agreement, understanding or promise, written or oral, formal or informal, between you and Employer or any of Employer Releasees; provided, however, that notwithstanding the foregoing or anything else contained in this Supplemental Release, your release shall not extend to (i) any rights arising under the Separation Agreement; (ii) any benefits or claims for benefits under any benefit plans that you were participating in as of the Termination Date and accrued as of the date hereof; (iii) any right to benefits under Employer’s 401(k) Plan; (iv) any rights arising under COBRA; and (v) any coverage under insurance policies covering Employer and any parent company, affiliate or subsidiary of Employer, for claims against company officers or employees of Employer and any parent company, affiliate or subsidiary of Employer during your period of employment.  You represent that you have not commenced or joined in any claim, charge, action or proceeding whatsoever against Employer or any of Employer Releasees arising out of or relating to any of the matters released in this paragraph 2. You further agree that you will not seek or be entitled to any personal recovery in any claim, charge, action or proceeding whatsoever against Employer or any of Employer Releasees for any of the matters released in this paragraph 2.
3.You acknowledge that you have received all compensation to which you are entitled for your work up to your last day of employment with Employer, and that you are not entitled to any further pay or benefit of any kind, for services rendered or any other reason, other than the Package and as provided in paragraph 3 of the Separation Agreement.
4.You agree that the only thing of value that you will receive by signing this Supplemental Release is the Package.
5.The Parties agree that their respective rights and obligations under the Separation Agreement shall survive the execution of this Supplemental Release.
6.You acknowledge and agree that (a) you have read and understand the terms of this Supplemental Release; (b) you have been advised to consult with an attorney; (c) that you have obtained and considered such legal counsel as you deem necessary; (d) that you have been given twenty-one (21) days to consider whether or not to sign this Supplemental Release (although you may elect not to use the full 21-day period at your option); and (e) that by signing this Supplemental Release, you acknowledge that you do so freely, knowingly, and voluntarily.
7.The Parties agree that this Supplemental Release shall not become effective or enforceable until the eighth day after you sign this Supplemental Release. In other words, you may revoke your acceptance of this Supplemental Release within 7 days after you sign it. Your revocation must be in writing and received by Tiphani Krueger, HR, Janus Henderson Investors, 151 Detroit Street, Denver, Colorado 80206 on or before the seventh day after it is signed to be effective. If you do not revoke your acceptance on or before that date, your acceptance of this 

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Supplemental Release shall become binding and enforceable on the eighth day (“Effective Date of the Supplemental Release”).

[SIGNATURES FOLLOW]
​
	JANUS HENDERSON INVESTORS US LLC 
​
By:_________________________
​
Date: _______________________
	​
​
​
______________________________
Suzanne Cain
Date: _________________________

​

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