Document:

Employment Letter Agreement of Thomas Joyce, dated December 2, 2005

 Exhibit 10.1 
  
 December 2, 2005 
  
 Thomas Joyce 
 14 Salem Straits 
 Darien, CT 06820 
  
 Dear Tom: 
  
 This Letter Agreement sets forth the terms and conditions of your continued employment with
Knight Capital Group, Inc. (the “Company”). 
  

	1.	Term. This Letter Agreement will govern the terms and conditions of your employment, and any termination thereof, from January 1, 2006 (the “Effective Date”)
until December 31, 2008 (the “Term”). Until the Effective Date, the terms and conditions of your employment, and any termination thereof, shall be governed by the Letter Agreement between you and the Company, dated May 30, 2002,
and upon the Effective Date, such Letter Agreement shall be of no further force and effect. 

  

	2.	Position; Duties. You will continue to be employed by the Company as its Chief Executive Officer, and continue to serve as Chairman of the Board of Directors of the Company
(the “Board”). You will report to the Board, and shall perform such duties as are consistent with your position as Chief Executive Officer. You agree to use your best efforts to perform such duties faithfully, to devote all of your working
time, attention and energies to the businesses of the Company, and while you remain employed, not to engage in any other business activity that is in conflict with your duties and obligations to the Company. You will also be employed as Chief
Executive Officer of Knight Equity Markets, L.P. and as the senior executive officer of such other subsidiaries as designated by the Board and approved by the board of directors of such subsidiaries. 

  

	3.	Base Salary. While you are employed during the Term, you will be entitled to a Base Salary of $750,000, payable in accordance with the Company’s normal payroll
practices. 

  

	4.	Annual Bonus. You will be entitled to a bonus (an “Annual Bonus”) for 2005 through 2008 as follows: 

  

	 	(a)	2005 Bonus. Provided that, pursuant to performance targets previously established by the Compensation Committee of the Board under the Company’s Executive Incentive Plan
(“EIP”), you would be entitled to an Annual Bonus in respect of 2005 (“2005 Bonus”) of at least $1.5 million, the Compensation Committee will not exercise its discretion to reduce your 2005 Bonus below $1.5 million.

  

	 	(b)	2006 Bonus. Your Annual Bonus for 2006 will be based upon the achievement of consolidated pre-tax income targets as set by the Compensation Committee.

	 	(c)	2007 and 2008 Bonus. Your Annual Bonus in respect of each of 2007 and 2008 shall be based on achievement of performance targets established by the Compensation Committee no
later than March 31 of each such year, after consultation with you. The Compensation Committee shall set the targets in a manner consistent with the manner in which the 2006 targets were established in terms of probability of achieving the
targets and magnitude of potential payout, taking into account the budget presented by management for each such year. 

  

	 	(d)	Timing and Form of Payment. Each Annual Bonus will be paid by March 15 of the following year, unless administratively impracticable to do so. Sixty percent (60%) of
each Annual Bonus shall be paid in cash, and 40% shall be paid in shares of restricted common stock of the Company (“Restricted Shares”), provided that the 2005 Annual Bonus shall be paid entirely in cash. The number of Restricted Shares
awarded shall be based on the average of the high and low sales prices of a share on the trading date immediately preceding the date the Annual Bonus is paid. The Restricted Shares shall vest in three equal installments on each anniversary of the
date they are awarded, subject to accelerated vesting upon a Change in Control. Except as set forth in paragraph 7, upon your termination of employment for any reason, any Restricted Shares that have not then vested shall be forfeited to the Company
for no consideration. The Restricted Shares shall be granted under, and subject to such other terms and conditions of, one of the Company’s stockholder-approved stock plans as then in effect, provided that if no such plans are then in effect or
the Restricted Shares cannot be granted pursuant to any such plan, then in lieu of Restricted Shares, you shall receive phantom shares that replicate the economics of the Restricted Shares, but are payable in cash on the vesting dates.

  

	 	(e)	EIP. Your Annual Bonus awards for 2006 through 2008 shall be granted under, and subject to the terms and conditions of, the EIP. 

  

	5.	Stock Option. Upon the Effective Date, you will be granted an option to purchase 350,000 shares of the Company’s common stock. Such stock option (i) will have an
exercise price per share equal to the average of the high and low sales prices on the last trading day in 2005, (ii) will expire upon the earliest of (a) the fifth anniversary of the date of grant, (b) as to unvested options (subject
to paragraph 7 below), immediately upon your termination of employment for any reason, (c) as to vested options, the 91st day following termination of your employment for any reason, provided that if such termination is for “cause”
(as defined below), vested options shall terminate immediately upon such termination of employment, (iii) for tax purposes, will be non-qualified, and (iv) will be granted under and subject to the terms of the Company’s 1998 Long-Term
Incentive Plan, provided that neither the Committee thereunder nor the Board will exercise any discretion to cause the provisions of Sections 7(a) and (b) of such plan not to apply. 

  

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	6.	Benefits. You will be provided with such retirement benefits, fringe benefits and insurance coverages as are made available to senior executives of the Company. In addition,
the Company will provide you with a car and driver for your daily commute between your home and the office. 

  

	7.	Termination. Notwithstanding the Term, you will be free to resign from the Company at any time, and the Company will be free to terminate your employment at any time. Upon
any such termination or resignation, you will be entitled to any amounts earned and payable but not yet paid. In addition, if, prior to the expiration of the Term, the Company terminates your employment other than for “cause” or other than
by reason of your “disability”, or you resign for “good reason”, then, in lieu of any other severance benefits otherwise payable under any Company policy, or any other damages payable in connection with such termination, you will
be entitled to (i) exercise the portion of the stock option granted pursuant to paragraph 5 that was not vested on the date of termination of your employment, during the 90-day period commencing on the first anniversary of the date of such
termination, (ii) full vesting of any Restricted Shares previously granted to you, on the first anniversary of the date of termination of your employment, (iii) a cash payment equal to $5 million, payable in a lump sum on the date that is
six months following such termination, and (iv) reimbursement of premiums you pay for continued health coverage under “COBRA” during the one year period following termination of your employment. Your right to such exercisability,
vesting, payments, and benefits shall be conditional upon (i) your execution of a customary release of all claims against the Company and its affiliates and representatives in a form satisfactory to the Company, and (ii) your not, directly
or indirectly, hiring or attempting to hire any person who is or was employed by the Company or its affiliates at any time after the date that is six months prior to the date of termination of your employment, or otherwise induce any such person to
terminate his or her employment with the Company or its affiliates. You acknowledge that if your employment terminates (i) by reason of your death, (ii) by the Company on account of your “disability”, (iii) by you without
“good reason”, or (iv) by the Company for “cause”, you will not be entitled to such exercisability, vesting, payments, and benefits. For purposes of this paragraph 7, the following terms shall have the meanings set forth
below: 

  
 “Cause” means a finding by the
Board that (i) you have committed any act of willful misconduct, including fraud, in connection with your employment with the Company; (ii) you materially breach any provision of this Letter Agreement, which breach has not been cured
within 10 days after you have received written notice of such breach; (iii) you fail, refuse or neglect (other than by reason of a physical or mental impairment) to timely perform any material duty or obligation under this Letter Agreement or
to comply with any lawful directive of the Board, which failure, refusal or neglect has not been cured within 10 days after you have received written notice thereof; (iv) you violate any law, rule, regulation or by-law of any governmental
authority (state, federal or foreign), any securities exchange or association or other regulatory or self-regulatory body or agency applicable to the Company or its affiliates or any material general policy of the Company or its affiliates
communicated in writing to you, which violation has not been cured within 10 days after you have received written notice thereof; (v) you are charged with a 
  

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 crime involving moral turpitude, dishonesty, fraud or unethical business conduct, or that constitutes a
felony; (vi) you are expelled or suspended, or subject to an order temporarily (for more than 90 days) or permanently enjoining you, from the securities, investment management or investment banking business or from acting in the capacity
contemplated by this Letter Agreement by the Securities and Exchange Commission, the NASD, any national securities exchange or any self-regulatory agency or governmental authority, state, foreign or federal; or (vii) you fail to obtain or
maintain any registration, license or other authorization or approval that is required to enable you to perform your duties hereunder, which failure has not been cured within a reasonable period after you have received written notice thereof.

  
 “Disability” means a finding by the Company that
you have been unable to perform your job functions by reason of a physical or mental impairment for a period of 90 consecutive days or any 90 days within a period of 180 consecutive days. 
  
 “Good Reason” means (i) a material breach by the Company of
its obligations under this Letter Agreement, including without limitation a material diminution in your title, duties responsibilities or authority without your consent, which breach has not been cured within 10 days after you have provided the
Company with written notice of such breach, (ii) an indictment against the Company for a crime relating solely to conduct that occurred prior to your date of hire. 
  

	8.	Confidential Information. You acknowledge and agree that confidential information, obtained by you while employed by the Company, or any of its subsidiaries concerning the
business affairs of the Company or any subsidiary of the Company are the property of the Company or such subsidiary (hereinafter, “Confidential Information”). Consequently, you agree that, except to the extent required by applicable law,
statute, ordinance, rule, regulation or orders of courts or regulatory authorities, you shall not at any time (whether during or after the your employment) disclose to any unauthorized person or use for your own account any Confidential Information
without the prior written consent of the Company, unless and to the extent that the aforementioned matters are or become generally known to and available for use by the public other than as a result of your acts or omissions to act or as required by
law. You shall deliver to the Company at the termination of your employment, or at any other time the Company may request, all memoranda, notes, plans, records, reports, computer tapes and software and other documents and data (and copies thereof)
containing or constituting Confidential Information which you may then possess or have under your control. 

  

	9.	Future Cooperation. You agree that upon the Company’s reasonable request following your termination of employment, you will use reasonable efforts to assist and
cooperate with the Company in connection with the defense or prosecution of any claim that may be made against or by the Company or its affiliates arising out of events occurring during your employment, or in connection with any ongoing or future
investigation or dispute or claim of any kind involving the Company or its affiliates, including any proceeding before any arbitral, administrative, regulatory, self-regulatory, judicial, legislative, or other body or agency. You will be entitled to
reimbursement for reasonable out-of-pocket expenses (including travel expenses) incurred in connection with providing such assistance. 

  

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	10.	Indemnification. The Company will indemnify and hold you harmless from and against any and all liabilities, suits, claims, actions, causes of actions, debts and expenses
(including attorneys fees) arising from and in connection with your employment by the Company and in the performance of your duties for the Company to the maximum extent permitted under the laws of Delaware, subject to the by-laws of the Company.
Such indemnification shall not apply to any such liabilities, suits, claims, actions, causes of actions, debts or expenses resulting from any action by you constituting gross negligence, fraud or criminal conduct. The Company will also indemnify you
and hold you harmless, on an after-tax basis (including income, employment and excise taxes), for any excise tax imposed by Section 4999 of the Internal Revenue Code of 1986, as amended (the “Code”) and any interest or penalties you
may incur with respect to such excise tax (such excise tax, together with any such interest and penalties, hereinafter collectively referred to as the “Excise Tax”) in respect of any “change in ownership or effective control or a
change in the ownership of a substantial portion of the assets” of the Company, within the meaning of Section 280G of the Code, that occurs during the Term, provided that (i) if the Company determines that the Excise Tax can be
avoided by a reduction in amounts payable to you that constitute “parachute payments” within the meaning of Section 280G(b)(2) of the Code (without regard to clause (A)(ii) thereof) by no more than 10%, then such payments shall be so
reduced, (ii) the Company, at its cost, may, on your behalf, challenge any assessment or imposition of any Excise Tax, and you will reasonably assist and cooperate with the Company, at the Company’s expense, with respect to any such
challenge, (iii) should you receive a refund of any Excise Tax previously paid, you shall repay to the Company the portion of any payment made by the Company to you in respect of the Excise Tax so refunded, and (iv) with respect to the
applicability of the Excise Tax, you shall take a position consistent with that of the Company at all times. 

  

	11.	Key Man Insurance. While you are employed by the Company, the Company may at any time effect insurance on your life and/or health in such amounts and in such form as the
Company may in its sole discretion decide. You will not have any interest in such insurance, but shall, if the Company requests, submit to such medical examinations, supply such information and execute such documents as may be required in connection
with, or so as to enable the Company to effect, such insurance. 

  

	12.	Withholding. The Company shall have the right to withhold from any amount payable to you hereunder an amount necessary in order for the Company to satisfy any withholding tax
obligation it may have under applicable law, and may condition the grant, vesting or exercise of any stock-based award on your making arrangements satisfactory to the Company to enable it to satisfy any withholding obligation arising in connection
with such grant, vesting or exercise. 

  

	13.	Governing Law. The terms of this Letter Agreement, and any action arising thereunder, shall be governed by and construed in accordance with the domestic laws of the State of
New York, without giving effect to any choice of law or conflict of law provision or rule 

  

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 (whether of the State of New York or any other jurisdiction) that would cause the application of the laws
of any jurisdiction other than the State of New York, except as to stock-based awards under any stockholder-approved stock plan or Annual Bonus awards under the EIP, where the governing law provisions contained in such plans shall control.

  

	14.	Waiver. This Letter Agreement may not be released, changed or modified in any manner, except by an instrument in writing signed by you and the Company. The failure of either
party to enforce any of the provisions of this Letter Agreement shall in no way be construed to be a waiver of any such provision. No waiver of any breach of this Letter Agreement shall be held to be a waiver of any other or subsequent breach.

  

	15.	Assignment. This Letter Agreement is personal to you. You shall not assign this Letter Agreement or any of your rights and/or obligations under this Letter Agreement to any
other person. The Company may, without your consent, assign this Letter Agreement to any successor to its business. 

  

	16.	Dispute Resolution. To benefit mutually from the time and cost savings of arbitration over the delay and expense of the use of the federal and state court systems, all
disputes involving your employment or this Letter Agreement, including, but not limited to, claims under Title VII of the Civil Rights Act of 1964, the Equal Pay Act of 1963, the Age Discrimination in Employment Act of 1967, the Older Workers
Benefit Protection Act of 1990, The Americans With Disabilities Act of 1990, the Civil Rights Act of 1866, the Employee Retirement Income Security Act of 1974, the Family and Medical Leave Act of 1993, the Civil Rights Act of 1991, and any other
federal, state or local laws, rules or regulations, will be resolved by binding arbitration before the American Arbitration Association, National Association of Securities Dealers, Inc., JAMS/Endispute, or any other similar association mutually
agreed to by the Company and you. Any such arbitration shall be held in New York City. The award of the arbitrators shall be final and binding and judgment upon the award may be entered in any court having jurisdiction thereof. Except as otherwise
provided above, this procedure shall be the exclusive means of settling any disputes that may arise under this Letter Agreement. All fees and expenses of the arbitrators and all other expenses of the arbitration, except for attorneys’
fees and witness expenses, shall be borne by the Company if you prevail, in whole or in part. Each party shall bear its own witness expenses and attorneys’ fees. 

  

	17.	Survival. Notwithstanding anything contained herein to the contrary, the provisions of paragraph 8, 9, 10, 13 and 16 shall survive termination of your employment with the
Company and its affiliates. 

  

	18.	Entire Agreement; No Conflicts. Upon the Effective Date, this Letter Agreement supersedes all previous and contemporaneous communications, agreements and understandings,
whether oral or written, between you, on the one hand, and the Company or any of its affiliates, on the other hand, and constitutes the sole and entire agreement between you and the Company pertaining to the subject matter hereof. You represent and
warrant to the Company that your performance of your duties for the Company will not conflict with or result in a violation or breach of, or constitute a default under any 

  

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 contract, agreement or understanding to which you are or were a party or of which you are aware and that
there are no restrictions, covenants, agreements or limitations on your right or ability to enter into and perform the terms of this Letter Agreement. 
  

	19.	Counterparts. This Letter Agreement may be executed in one or more counterparts, all of which shall be considered one and the same agreement, and shall become a binding
agreement when one or more counterparts have been signed by each party and delivered to the other party. 

  
 *    *    *    * 
  
 Please indicate your acceptance of our offer of employment on the terms and conditions outlined above by signing and returning to us one
copy of this letter. 
  

			
	 Sincerely yours,

	
	 KNIGHT CAPITAL GROUP, INC.

		
	 By:
	 	 /s/ Charles V. Doherty

	 	 	 

  

	
	AGREED TO AND ACCEPTED BY:
	
	 /s/ Thomas Joyce

 Thomas Joyce

  

 7Form of Non-Qualified Stock Option Agreement

 Exhibit 10.2 
  
  
 KNIGHT CAPITAL GROUP, INC. 
  
 1998 Long-Term Incentive Plan 
  
 Employee Stock Option Agreement 
  
  
 This Agreement
is made as of                          (the “Grant Date”), by and between Knight Capital Group, Inc., (the
“Company”) and «First_Name» «Last_Name», (the “Grantee”). 
  
 WHEREAS, the Committee has, pursuant to the 1998 Long-Term 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 «Options_Granted» shares of the
Company’s Stock, subject to adjustments made by the Committee under Section 5 of the Plan, at
                         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,
three (3) years 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, 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. 

  

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	 	5.	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. 

  

	 	6.	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. 

  

	 	7.	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. 

  

	 	8.	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. 

  

	 	9.	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. 

  

	 	10.	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. 

  

	 	11.	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.

  

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

  

	 	13.	 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 

  

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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. 

  

	 	14.	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. 

  

	 	15.	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. 

  

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

  

	 	17.	Definitions.     As used in this Agreement only, 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 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.	“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 Capital Group, Inc.
	
	 
	 Thomas M. Joyce
 Chairman & Chief
Executive Officer

  
  
  

 Employee Signature

  
  
  

 Employee Name (Please Print) 
  
  
  

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