Document:

Irrevocable Proxy and Irrevocable Consent

 EXHIBIT 10.2 
  
 GE Financial Assurance Holdings, Inc. 
 6620 West Broad Street 
 Richmond, VA 23230 
  
 March 30, 2005 
  
 Genworth Financial, Inc. 
 6620 West Broad Street 
 Richmond, VA 23230 
  
 Irrevocable Consent and Irrevocable Proxy 
  
 Reference is made to (1) the Stock Purchase Agreement, dated as of March 14, 2005 (the “Stock Purchase Agreement”), among GE Financial
Assurance Holdings, Inc. (“GEFAHI”), General Electric Company, General Electric Capital Corporation, GEI, Inc. and Genworth Financial Inc. (“Genworth”), and (2) Genworth’s Amended and Restated Certificate of
Incorporation (the “Certificate”). Capitalized terms used herein but not defined herein shall have the meanings ascribed to such terms in the Certificate. This Irrevocable Consent and Irrevocable Proxy is delivered pursuant to and
in accordance with Section 6.12 of the Stock Purchase Agreement. 
  
 Section
1. Irrevocable Consent. Notwithstanding anything to the contrary set forth in Article IV, Section 3(f) of the Certificate, GEFAHI hereby agrees that, from and after the time that GEFAHI ceases to beneficially own more than forty-five
percent (45%) of the outstanding shares of Common Stock (the “Acquisitions Operative Date”), the amount set forth in clause (iii) of such Section 3(f) shall be deemed to be $1.0 billion, rather than $700 million, and the definition
of “Permitted Acquisition” shall be deemed to have been modified accordingly. Prior to such time, if any, as the Certificate is amended to reflect the foregoing, the holders of all of the outstanding shares of the Class B Common Stock
shall be deemed, as a result of the delivery of this instrument, to have irrevocably consented separately as a class, effective as of the Acquisitions Operative Date, to any action or transaction covered by clause (ii) or (iii) of such Section 3(f)
that, but for the provisions of this instrument, would have required the prior affirmative vote or written consent of the holders of a majority of the outstanding shares of the Class B Common Stock, voting or consenting separately as a class. Prior
to the occurrence of any action or transaction covered by clause (ii) or (iii) of such Section 3(f) that, but for the provisions of this instrument, would have required the prior affirmative vote or written consent of the holders of a majority of
the outstanding shares of the Class B Common Stock, voting or consenting separately as a class, GEFAHI shall deliver, at Genworth’s request, a written consent in its capacity as the holder of all of the outstanding shares of the Class B Common
Stock confirming that it has consented separately as a class to any such action or transaction. 
  
 Section 2. Irrevocable Proxy. GEFAHI hereby irrevocably grants to and appoints Genworth to be GEFAHI’s proxy and attorney-in-fact (with full power of substitution), 

 
for and in the name, place and stead of GEFAHI, to vote, act by or execute a written consent or grant a consent, proxy or approval in respect of all shares
of Class B Common Stock that GEFAHI owns, controls or has the right to vote at one or more meetings of the stockholders of Genworth solely for the purpose of approving an amendment (an “Amendment”) to the Certificate to provide that
the prior affirmative vote or written consent of the holders of a majority of the outstanding shares of the Class B Common Stock voting separately as a class shall no longer be required for Genworth to effect any action or transaction to which
GEFAHI as the holder of the Class B Common Stock has consented pursuant to Section 1 hereof. GEFAHI affirms that this irrevocable proxy is coupled with an interest and may under no circumstances be revoked; provided, however, that such proxy is
granted only with respect to the matter contained in this Section 2. GEFAHI’s irrevocable proxy shall automatically terminate upon the effective time of the Amendment in accordance with the Delaware General Corporation Law. 
  
 Section 3. Effectiveness. This Irrevocable Consent and Irrevocable Proxy shall
become effective as of the date hereof. 
  
 Section 4. Assignment.
This Irrevocable Consent and Irrevocable Proxy shall be binding on GEFAHI’s successors and assigns, including any entity that is a transferee of GEFAHI and comes within the definition of “GE” in the Certificate. 
  
 Section 5. Governing Law. The Irrevocable Consent and Irrevocable Proxy shall
be governed by, and construed in accordance with, the laws of the State of Delaware. 
  
 [Signature appears on the following page] 
  

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 IN WITNESS WHEREOF, the undersigned has caused this Irrevocable Consent and Irrevocable Proxy to be duly
executed as of the date first written above. 
  

			
	GE FINANCIAL ASSURANCE HOLDINGS, INC.
		
	By:	 	 /s/ Kathryn A. Cassidy

	Name:	 	Kathryn A. Cassidy
	Title:	 	Senior Vice President

  
 Acknowledged and agreed as of

 the date first written above: 
  
 GENWORTH FINANCIAL, INC. 
  

			
	By:	 	 /s/ Joseph J. Pehota

	Name:	 	Joseph J. Pehota
	Title:	 	Senior Vice President –
	 	 	Business Development

  

 3Form of Non-Qualified Stock Option Agreement

 EXHIBIT 10.1 
  
 KNIGHT TRADING GROUP, INC. 
  

2003 Equity Incentive Plan 
  
 Employee Stock Option Agreement 
  
 This Agreement is made as of «Grant_Date» (the “Grant Date”), by and between Knight Trading Group, Inc. (the “Company”) and
«First_Name» «Last_Name», (the “Grantee”). 
  
 WHEREAS, the Committee has, pursuant to the 2003 Equity Incentive Plan (the “Plan”), which is hereby incorporated by reference, and subject to the terms and conditions thereof, made an Award to the Grantee and authorized
and directed the execution and delivery of this Agreement; 
  
 NOW,
THEREFORE, in consideration of the foregoing, the mutual promises hereinafter set forth, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Company and the Grantee hereby agree as follows:

  

	 	1.	Award. The Grantee is hereby granted a Non-Qualified Stock Option (an “Option”) to purchase from the Company «M_of_Options» shares of the Company’s
Stock, subject to adjustments made by the Committee under Article X of the Plan, at «Average_Strike_Price» per share (the “Exercise Price”). The term of such Option shall be ten (10) years, commencing on the Grant Date (the
“Term”). This Option is not intended to qualify as an Incentive Stock Option. 

  

	 	2.	Exercise. The Option may be exercised only in accordance with the Plan, as supplemented by this Agreement, and not otherwise. 

  

	 	a.	During its Term and before its earlier termination in accordance with Section 3 of this Agreement, the Option shall become exercisable in accordance with the following
schedule: 

  

			
	 Percent of Option

	  	 Exercisable as of:

	33 1/3%	  	First Anniversary of the Grant Date
		
	66 2/3%	  	Second Anniversary of the Grant Date
		
	100%	  	Third Anniversary of the Grant Date

	 	  	The Option may be exercised for less than the full number of shares of Stock for which the Option is then exercisable. 

  

	 	b.	To the extent then exercisable, the Option may be exercised by the Grantee by giving written notice of exercise to the Company in such form as may be provided by the Committee,
specifying the number of shares of Stock for which the Option is to be exercised and such other information as the Committee may require. Such exercise shall be effective upon receipt by the Company of such written notice together with the required
payment of the Exercise Price and any applicable withholding taxes. Such payment may be made by cash, check, or, provided that such shares of Stock have been owned by the Grantee for at least six months before such payment, by the delivery of shares
of Stock having a Fair Market Value equal to the aggregate Exercise Price, or by a combination of such methods, and any applicable withholding taxes. The Grantee may also simultaneously exercise the Option and sell all or a portion of the shares of
Stock thereby acquired, pursuant to a brokerage or similar arrangements approved in advance by the Committee, and use all or a portion of the proceeds from such sale as payment of the Exercise Price and any applicable withholding taxes. Subject to
the foregoing, the Company will deliver to the Grantee within a reasonable period thereafter, a certificate or certificates representing the shares of Stock so acquired, registered in the name of the Grantee or in accordance with other delivery
instructions provided by the Grantee and acceptable by the Committee. 

  

	 	3.	Termination. 

  

	 	a.	The Option shall terminate upon the expiration of its Term or, if earlier, termination of the Grantee’s employment; provided that upon the Grantee’s Retirement, or if the
Grantee’s employment is terminated by death or disability, the Option shall, notwithstanding Section 2.a. of this Agreement, thereupon become fully exercisable and shall terminate upon the expiration of its Term or, if earlier, thirty-six (36)
months after the date of such Retirement or termination of employment; provided further that if the Grantee’s employment is terminated by the Company other than for Cause, the Option shall, to the extent then exercisable in accordance with
Section 2.a. hereof, terminate upon the expiration of its Term or, if earlier, three (3) months after the date of such termination of employment. 

  

	 	b.	A transfer of an Employee from the Company to a Subsidiary or Affiliate of the Company, whether or not incorporated, or vice versa, 

  

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 or from one Subsidiary or Affiliate of the Company to another, and a leave of absence, duly authorized
in writing by the Company, shall not be deemed a termination of employment. 
  

	 	c.	The Committee may, at its discretion extend the exercise period of any Option beyond the period specified in Section 3.a. above, except that the exercise period may not be
extended beyond the Option’s Term. 

  

	 	4.	Change-In-Control. Upon a Change-In-Control, the Option shall become fully exercisable. In addition, the Committee may, in its sole discretion, take any other actions
authorized by the Plan to assure fair and equitable treatment of the Grantee. Any such action of the Committee shall be conclusive and binding on the Company and the Grantee. 

  

	 	5.	Harmful Conduct. In the event the Grantee engages in Harmful Conduct following the termination of his or her employment, the Committee may, in its sole discretion, require
such Grantee to pay to the Company an amount equal to the excess of (i) the Fair Market Value of the Stock purchased by such Grantee through the exercise of Options during the fifteen month period commencing twelve months before the Grantee’s
last day of employment and ending three months after the last day of employment over (ii) the aggregate Exercise Price of such Options. 

  

	 	6.	Withholding. The Company shall withhold all applicable taxes required by law from all amounts paid in respect of the Option. The Grantee may satisfy the withholding
obligation by paying the amount of any taxes in cash or, with the approval of the Committee, shares of Stock may be deducted from the payment to satisfy the obligation in full or in part. The amount of the withholding and the number of shares to be
deducted shall be determined by the Committee with reference to the Fair Market Value of the Stock when the withholding is required to be made. 

  

	 	7.	Non-assignability. Except with the consent of the Committee, no Award shall be assignable or transferable except by will or by the laws of descent and distribution. During
the Grantee’s lifetime, the Award shall be exercised only by the Grantee, or by his guardian or legal representative. 

  

	 	8.	Rights as a Stockholder. The Grantee shall have no rights as a stockholder with respect to any Stock subject to an Award until the date the Grantee becomes the holder of
record with regard thereto. 

  

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	 	9.	No Right to Continued Employment. Nothing herein shall obligate the Company or any Subsidiary or Affiliate of the Company to continue the Grantee’s employment for any
particular period or on any particular basis of compensation. 

  

	 	10.	Burden and Benefit. The terms and provisions of this Agreement shall be binding upon, and shall inure to the benefit of, the Grantee and his executors or administrators,
heirs, and personal and legal representatives. 

  

	 	11.	Execution. This Option is not enforceable until this Agreement has been signed by the Grantee and the Company. By executing this Agreement, the Grantee shall be deemed to
have accepted and consented to any action taken under the Plan by the Committee, the Board or its delegates. 

  

	 	12.	Law Governing Disputes. This Agreement shall be construed and enforced in accordance with the laws of the State of Delaware, without regard to the conflicts of law principles
thereof. Any dispute, claim, or controversy arising under this Agreement will be arbitrated pursuant to the rules, constitution, and by-laws, as amended, of the National Association of Securities Dealers, Inc. 

  

	 	13.	Modifications. No change or modification of this Agreement shall be valid unless it is in writing and signed by the parties hereto. 

  

	 	14.	Entire Agreement. This Agreement, together with the Plan, sets forth all of the promises, agreements, conditions, understandings, warranties and representations between the
parties hereto regarding the Option, and there are no promises, agreements, conditions, understandings, warranties or representations, oral or written, express or implied, between them regarding the Option other than as set forth herein or therein.
The terms and conditions of the Plan are incorporated by reference herein, and to the extent that any conflict may exist between any term or provision of this Agreement and any term or provision of the Plan, the term or provision of the Plan shall
control. 

  

	 	15.	Genders. The use of any gender herein shall be deemed to include the other gender and the use of the singular herein shall be deemed to include the plural and vice versa,
wherever appropriate. 

  

	 	16.	Notices. Any and all notices required herein shall be addressed: (i) if to the Company, to the principal executive office of the Company; and (ii) if to the Grantee, to his
address as reflected in the records of the Company. 

  

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	 	17.	Invalid or Unenforceable Provisions. The invalidity or unenforceability of any particular provision of this Agreement shall not effect the other provisions hereof, and this
Agreement shall be construed in all respects as if the invalid or unenforceable provisions were omitted. 

  

	 	18.	Definitions. Any capitalized term used herein but not defined shall have the meaning ascribed to such term in the Plan. As used in this Agreement, the following terms shall
have the meanings set forth below. Any capitalized term, to the extent not defined herein, shall have the same meaning as set forth in the Plan. 

  

	 	a.	“Cause” means: (i) a felony conviction of the Grantee; (ii) the commission by the Grantee of an act of fraud or embezzlement against the Company; (iii) the
Grantee’s willful misconduct or gross negligence materially detrimental to the Company; (iv) the Grantee’s wrongful dissemination or use of confidential or proprietary information; or (v) the intentional and habitual neglect by the Grantee
of his duties to the Company. 

  

	 	b.	“Harmful Conduct” means a breach in any material respect of an agreement to not reveal confidential information regarding the business operations of the Company or
any Subsidiary, or to refrain from solicitation of the customers, suppliers or employees of the Company or any Subsidiary. 

  

	 	c.	“Retirement” is defined as termination of employment with the Company (i) without cause; (ii) after no less than five full years of service as an employee of the
Company; (iii) having achieved a total of “55” by adding together the employee’s age at departure and number of full years of service as an employee; and (iv) subject to a two year non-compete agreement in a form acceptable to the
Company. 

  
  

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 IN WITNESS WHEREOF, the Company and the Grantee have executed this Agreement as of the day and year first written
above. 
  

					
	 	 	 	 	Knight Trading Group, Inc.
			
	 	 	 	 	  

	 	 	 	 	Thomas M. Joyce
	 	 	 	 	Chairman of the Board and Chief Executive Officer
			
	  

	 	 	 	 
	Employee Signature	 	 	 	 
			
	  

	 	 	 	 
	Employee Name (Please Print)	 	 	 	 

  

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