Document:

EX-10.14

 Exhibit 10.14 

EXECUTION VERSION 

AMENDED AND RESTATED 

EMPLOYMENT AGREEMENT 
 This
AMENDED AND RESTATED EMPLOYMENT AGREEMENT (as so amended and restated, this “Agreement”) is made and entered into as of this 31st day of October, 2016, by and between AssetMark
Financial Holdings, Inc., a Delaware corporation (the “Company”), and Charles Goldman (“Executive”). 

W I T N E S S E T H: 

WHEREAS, the Company and Executive are parties to that certain Employment Agreement dated as of January 10, 2014, as amended through
November 18, 2015 (the “Prior Agreement”). 
 WHEREAS, in connection with the transactions contemplated by the
Acquisition Agreement (such transactions, the “Acquisition,” and the consummation of which is the “Closing Date”), the Company desires to continue to employ Executive and to amend and restate the Prior Agreement by
entering into this Agreement embodying the terms of such continued employment, and Executive desires to enter into this Agreement and to accept such continued employment, subject to the terms and provisions of this Agreement. 

NOW, THEREFORE, in consideration of the promises and mutual covenants contained herein and for other good and valuable consideration, the
receipt and sufficiency of which are mutually acknowledged, the Company and Executive hereby agree as follows: 
 Section 1.
Definitions.  
 (a) “Accrued Obligations” shall mean (i) all accrued but unpaid Base Salary through the date of
termination of Executive’s employment, (ii) any unpaid or unreimbursed expenses incurred in accordance with the Company’s policy, and (iii) any benefits provided under the Company’s employee benefit plans upon a termination
of employment, in accordance with the terms contained therein. 
 (b) “Acquisition Agreement” shall mean that certain Stock
Purchase Agreement, dated as of April 11, 2016, as amended from time to time, by and between Huatai International Finance Ltd., a British Virgin Islands corporation (the “Purchaser”), Huatai Securities Co., Ltd., a
People’s Republic of China joint stock company (solely with respect to Article 9) and AqGen Liberty Holdings LLC. 
 (c)
“Agreement” shall have the meaning set forth in the preamble hereto. 
 (d) “Annual Bonus” shall have the
meaning set forth in Section 4(b) hereof. 
 (e) “Base Salary” shall mean the salary provided for in
Section 4(a) hereof. 
 (f) “Board” shall mean the Board of Directors of the Company. 

 (g) “Cause” shall mean (i) Executive’s material act or acts of
personal dishonesty taken in connection with Executive’s responsibilities that has, or could be reasonably expected to have, an adverse impact on the performance of Executive’s duties to the Company Group; (ii) act(s) of willful
misconduct in the course of Executive’s employment; (iii) willful failure or refusal by Executive to perform in any material respect Executive’s duties or responsibilities; (iv) misappropriation (or attempted misappropriation) by
Executive of any assets or material business opportunities of the Company or any other member of the Company Group; (v) embezzlement or fraud committed (or attempted) by Executive, at Executive’s direction, or with Executive’s prior
actual knowledge; (vi) Executive’s conviction of or pleading “guilty” or “no contest” to, (x) a felony or (y) any other criminal charge, in each case, that has, or could be reasonably expected to have, an
adverse impact on the performance of Executive’s duties to the Company or any other member of the Company Group or otherwise result in a material injury to the reputation or business of the Company or any other member of the Company Group;
(vii) material violation by Executive of the written policies of the Company (unless, to the extent such violation is curable, it has been cured within thirty (30) days of the provision by the Company of written notice to Executive of such
violation), including but not limited to those relating to sexual harassment or business conduct, and those otherwise set forth in the manuals or statements of policy of the Company that has, or could be reasonably expected to have, an adverse
impact on the performance of Executive’s duties to the Company or any other member of the Company Group or otherwise result in material injury to the reputation or business of the Company or any other member of the Company Group; or
(viii) Executive’s material breach of any confidentiality or restrictive covenants with the Company or any other member of the Company Group to which Executive is subject. If, within ninety (90) days subsequent to Executive’s
termination for any reason other than by the Company for Cause, the Company determines that Executive’s employment could have been terminated for Cause pursuant to the fourth, fifth or seventh items above, Executive’s employment will be
deemed to have been terminated for Cause for all purposes, and Executive will be required to disgorge to the Company all amounts received on account of such termination that would not have been payable to Executive had such termination been by the
Company for Cause. 
 (h) “Code” shall mean the Internal Revenue Code of 1986, as amended, and the rules and regulations
promulgated thereunder. 
 (i) “Company” shall have the meaning set forth in the preamble hereto. 

(j) “Company Group” shall mean the Company and Parent, together with any of their respective direct and indirect
majority-owned subsidiaries. 
 (k) “Delay Period” shall have the meaning set forth in Section 13(a) hereof. 

(l) “Disability” shall mean any physical or mental disability or infirmity that prevents the performance of Executive’s
duties for a period of (i) one hundred twenty (120) consecutive days or (ii) one hundred eighty (180) non-consecutive days during any twelve (12)-month period, in each case, or such longer
period as is required by applicable law. Any question as to the existence, extent, or potentiality of Executive’s Disability upon which Executive (or Executive’s legal representative) and the Company cannot agree shall be determined by a
qualified, independent physician selected by the Company and approved by Executive or Executive’s legal representative, as the case may be (which approval shall not be unreasonably withheld). 

(m) “Executive” shall have the meaning set forth in the preamble hereto. 

  
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 (n) “Good Reason” shall mean, without Executive’s consent, (i) a
substantial and material diminution in Executive’s base salary, Target Annual Bonus, title, duties, or responsibilities; or (ii) the Company’s material breach of a material term of this Agreement, in each case, to the extent that such
act or omission is not cured by the Company within forty (40) days of its receipt of written notice from Executive detailing the acts or omissions giving rise to Good Reason. Notwithstanding the foregoing, during the Term, in the event that the
Board reasonably believes that Executive may have engaged in conduct that could constitute Cause, the Board may, in its sole and absolute discretion, suspend Executive from performing his duties hereunder for a period of up to fourteen
(14) days, and in no event shall any such suspension constitute an event pursuant to which Executive may terminate employment with Good Reason or otherwise constitute a breach by the Company. 

(o) “Non-Interference Agreement” shall mean the Confidentiality, Non- Interference, and Invention Assignment Agreement attached hereto as Exhibit [A]. 
 (p)
“Parent” shall mean Huatai Securities Co., Ltd., a People’s Republic of China joint stock company. 
 (q)
“Person” shall mean any individual, corporation, partnership, limited liability company, joint venture, association, joint-stock company, trust (charitable or noncharitable), unincorporated organization, or other form of business
entity. 
 (r) “Release of Claims” shall mean the Release of Claims in substantially the same form attached hereto as
Exhibit [B] (as the same may be revised from time to time by the Company upon the advice of counsel). 
 (s) “Severance
Benefits” shall have the meaning set forth in Section 8(g) hereof. 
 (t) “Severance Term” shall mean the
twelve (12) month period following Executive’s termination by the Company without Cause (other than by reason of death or Disability) or by Executive for Good Reason; provided that, if such termination occurs after January 10,
2019, the Severance Term shall be the twenty-four (24) month period following Executive’s termination by the Company without Cause (other than by reason of death or Disability) or by Executive for Good Reason. 

(u) “Target Annual Bonus” shall have the meaning set forth in Section 4(b) hereof. 

(v) “Term” shall mean the period specified in Section 2 hereof. 

Section 2. Acceptance and Term; Effectiveness of This Agreement.  

(a) Acceptance and Term. The Company agrees to continue to employ Executive, and Executive agrees to continue to serve the Company, on
the terms and conditions set forth herein. Executive’s term of employment (the “Term”) began on the Effective Date (as defined in the Prior Agreement) and shall continue until the earlier of the third-year anniversary of the Closing
Date or the termination of Executive’s employment as provided in Section 8 hereof. 

  
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 (b) Effectiveness. The Prior Agreement shall continue to be in effect until
immediately prior to the consummation of the Acquisition, as of which this Agreement shall be effective. If the Acquisition does not close for any reason or the Acquisition Agreement is terminated, this Agreement, as amended and restated, and all
payments and benefits provided hereunder will be null and void ab initio and therefore of no force and effect, and the Prior Agreement shall continue to be in effect. 

Section 3. Position, Duties, and Responsibilities; Place of Performance.  

(a) Position, Duties, and Responsibilities. During the Term, Executive shall be employed and serve as the President and Chief Executive
Officer of the Company (together with such other position or positions consistent with such title as the Board shall specify from time to time) and shall have such duties and responsibilities as are typically associated with such title, together
with such other duties and responsibilities commensurate with such title as assigned by the Board. Executive also agrees to serve as an officer and/or director of any other member of the Company Group, in each case without additional compensation.
During the Term, Executive shall also serve as a member of the Board of the Company. 
 (b) Performance. Executive shall devote his
full business time, attention, skill, and best efforts to the performance of his duties under this Agreement and shall not engage in any other business or occupation during the Term, including, without limitation, any activity that
(x) conflicts with the interests of the Company or any other member of the Company Group, (y) interferes with the proper and efficient performance of Executive’s duties for the Company, or (z) interferes with Executive’s exercise
of judgment in the Company’s best interests. Notwithstanding the foregoing, nothing herein shall preclude Executive from (i) serving, with the prior written consent of the Board, as a member of the boards of directors or advisory boards
(or their equivalents in the case of a non-corporate entity) of non-competing businesses (it being understood that Executive’s continued service on
(a) the Advisory Board of Green Alpha Advisors, LLC, (b) the board of directors of Personal Capital, (c) the board of directors of Mercer Advisors, and (d) the board of directors of the American Mountain Guides Association is
hereby approved), (ii) engaging in charitable activities and community affairs, and (iii) managing his personal investments and affairs; provided, however, that the activities set out in clauses (i), (ii), and (iii) shall be
limited by Executive so as not to materially interfere, individually or in the aggregate, with the performance of his duties and responsibilities hereunder. 

(c) Principal Place of Employment. The Company recognizes that Executive resides in Boulder, Colorado and does not require Executive to
relocate his residence to perform the duties and responsibilities required by this Agreement. Notwithstanding the foregoing, Executive agrees to perform those duties and responsibilities at the Company’s headquarters for which the Company
agrees to reimburse Executive for the reasonable costs (on an after-tax basis) of his transportation on account of his travels between his residence in Boulder, Colorado and the Company’s headquarters.
Executive understands and agrees that he may be required to travel from time to time for business reasons. 
 Section 4.
Compensation.  
 During the Term, Executive shall be entitled to the following compensation: 

(a) Base Salary. Executive shall be paid an annualized Base Salary, payable in accordance with the regular payroll practices of the
Company, of $500,000 (subject to increases as may be determined by the Board in its sole discretion. The Board shall review Executive’s compensation on an annual basis). 

  
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 (b) Annual Bonus. 

(i) Beginning with fiscal year 2017, during each calendar year that ends during the Term, Executive shall be eligible for an
annual incentive bonus award (the “Annual Bonus”) determined by the Board in respect of each complete fiscal year during the Term. The target Annual Bonus (the “Target Annual Bonus”) for each fiscal year beginning
with fiscal year 2017 shall be 150% of Base Salary, with the actual Annual Bonus payable being based upon the level of achievement of annual Company and individual performance objectives for such fiscal year, as determined by the Board and
communicated to Executive. The Annual Bonus shall be paid to Executive at the same time as annual bonuses are generally payable to other senior executives of the Company subject to Executive’s continuous employment through the payment date.

 (ii) Executive will be eligible to receive a bonus for 2016 determined in accordance with the Prior Agreement based on the
annual Company and individual performance objectives for fiscal year 2016. 
 Section 5. Employee Benefits.  

(a) During the Term, Executive shall be entitled to participate in health, insurance, retirement, and other perquisites and benefits provided
generally to similarly situated executives of the Company. Executive shall also be entitled to a minimum of twenty (20) vacation days as well as the same number of holidays and sick days, any other benefits, in each case as are generally
allowed to similarly situated executives of the Company in accordance with the Company policy as in effect from time to time. Nothing contained herein shall be construed to limit the Company’s ability to amend, suspend, or terminate any
employee benefit plan or policy at any time without providing Executive notice, and the right to do so is expressly reserved. 
 (b) Subject
to Executive’s insurability at standard or better insurance rates and his cooperating with any required physical examinations, the Company shall use its reasonable business efforts to obtain and maintain in full force and effect during the
Term, life insurance issued by an insurance company(s) covering the life of Executive for the benefit of his designated beneficiary(s) in the amount of $5,000,000. 

Section 6. Key-Man Insurance.  

At any time during the Term, the Company shall have the right to insure the life of Executive for the sole benefit of the Company, in such
amounts, and with such terms, as it may determine. All premiums payable thereon shall be the obligation of the Company. Executive shall have no interest in any such policy, but agrees to cooperate with the Company in procuring such insurance by
submitting to physical examinations, supplying all information required by the insurance company, and executing all necessary documents; provided that no financial obligation is imposed on Executive by any such documents. 

  
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 Section 7. Reimbursement of Business Expenses.  

During the Term, in addition to the expenses referenced in Section 3(c) above, the Company shall pay (or promptly reimburse Executive) for
documented, out-of-pocket expenses reasonably incurred by Executive in the course of performing his duties and responsibilities hereunder, which are consistent with the
Company’s policies in effect from time to time with respect to business expenses, subject to the Company’s requirements with respect to reporting of such expenses. 

Section 8. Termination of Employment.  

(a) General. The Term shall terminate upon the earliest to occur of (i) Executive’s death, (ii) a termination by reason of a
Disability, (iii) a termination by the Company with or without Cause, and (iv) a termination by Executive with or without Good Reason. Upon any termination of Executive’s employment for any reason, except as may otherwise be requested
by the Company in writing and agreed upon in writing by Executive, Executive shall resign from any and all directorships, committee memberships, and any other positions Executive holds with the Company or any other member of the Company Group.
Notwithstanding anything herein to the contrary, the payment (or commencement of a series of payments) hereunder of any nonqualified deferred compensation (within the meaning of Section 409A of the Code) upon a termination of employment shall
be delayed until such time as Executive has also undergone a “separation from service” as defined in Treas. Reg. 1.409A-l(h), at which time such nonqualified deferred compensation (calculated as of
the date of Executive’s termination of employment hereunder) shall be paid (or commence to be paid) to Executive on the schedule set forth in this Section 8 as if Executive had undergone such termination of employment (under the same
circumstances) on the date of his ultimate “separation from service.” 
 (b) Termination Due to Death or Disability.
Executive’s employment shall terminate automatically upon his death. The Company may terminate Executive’s employment immediately upon the occurrence of a Disability, such termination to be effective upon Executive’s receipt of
written notice of such termination. Upon Executive’s death or in the event that Executive’s employment is terminated due to his Disability, Executive or Executive’s estate or beneficiaries, as the case may be, shall be entitled to:

 (i) The Accrued Obligations; 

(ii) Any unpaid Annual Bonus in respect of any completed fiscal year that has ended prior to the date of such termination,
which amount shall be paid at such time annual bonuses are paid to other senior executives of the Company, but in no event later than the date that is 21⁄2 months
following the last day of the fiscal year in which such termination occurred; and 
 (iii) Subject to achievement of the
applicable performance conditions for the fiscal year of the Company in which Executive’s termination occurs, payment of the Annual Bonus that would otherwise have been earned in respect of the fiscal year in which such termination occurred, pro-rated to reflect the number of days Executive was employed during such fiscal year, such amount to be paid at the same time it would otherwise be paid to Executive had no termination occurred, but in no event
later than the date that is 21⁄2 months following the last day of the fiscal year of the Company in which such termination occurred. 

  
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 Following Executive’s death or a termination of Executive’s employment by reason of a Disability,
except as set forth in this Section 8(b), Executive shall have no further rights to any compensation or any other benefits under this Agreement. 

(c) Termination by the Company with Cause. 

(i) The Company may terminate Executive’s employment at any time with Cause, effective upon Executive’s receipt of
written notice of such termination; provided, however, that with respect to any Cause termination, to the extent that such act or acts or failure or failures to act are curable, Executive shall be given not less than thirty (30)
days’ written notice by the Board of the Company’s intention to terminate Executive with Cause, such notice to state in detail the particular act or acts or failure or failures to act that constitute the grounds on which the proposed
termination with Cause is based, and such termination shall be effective at the expiration of such thirty (30) day notice period, unless in the case of Section 1(g)(vii) hereof, Executive has fully cured such act or acts or failure or
failures to act that gave rise to Cause during such period. 
 (ii) In the event that the Company terminates Executive’s
employment with Cause, Executive shall be entitled only to the Accrued Obligations. Following such termination of Executive’s employment with Cause, except as set forth in this Section 8(c)(i), Executive shall have no further rights to any
compensation or any other benefits under this Agreement. 
 (d) Termination by the Company without Cause. The Company may terminate
Executive’s employment at any time without Cause, effective upon Executive’s receipt of written notice of such termination. In the event that Executive’s employment is terminated by the Company without Cause (other than due to death
or Disability), Executive shall be entitled to: 
 (i) The Accrued Obligations; 

(ii) Any unpaid Annual Bonus in respect of any completed fiscal year that has ended prior to the date of such termination,
which amount shall be paid at such time annual bonuses are paid to other senior executives of the Company, but in no event later than the date that is 21⁄2 months
following the last day of the fiscal year in which such termination occurred; 
 (iii) Subject to achievement of the
applicable performance conditions for the fiscal year of the Company in which Executive’s termination occurs, payment of the Annual Bonus that would otherwise have been earned in respect of the fiscal year in which such termination occurred, pro-rated to reflect the number of days Executive was employed during such fiscal year, such amount to be paid at the same time it would otherwise be paid to Executive had no termination occurred, but in no event
later than the date that is 21⁄2 months following the last day of the fiscal year of the Company in which such termination occurred; 

(iv) Continued payment of Base Salary during the Severance Term, payable in accordance with the Company’s regular payroll
practices; 

  
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 (v) To the extent permitted by applicable law without any penalty to
Executive or any member of the Company Group and subject to Executive’s election of COBRA continuation coverage under the Company’s group health plan, on the first regularly scheduled payroll date of each month of the Severance Term, the
Company will pay Executive an amount equal to the monthly COBRA premium cost; provided that the payments pursuant to this clause (v) shall cease earlier than the expiration of the Severance Term in the event that Executive becomes
eligible to receive any health benefits, including through a spouse’s employer, during the Severance Term. In the event that the Company’s payment of the premium would result in a violation of the nondiscrimination rules or cause the
reimbursement of claims to be taxable under the Patient Protection and Affordable Care Act of 2010, together with the Health Care and Education Reconciliation Act of 2010 (collectively, the “Act”) or Section 105(h) of the Code,
the Company paid premiums shall be treated as taxable payments and be subject to imputed income tax treatment to the extent necessary to eliminate any discriminatory treatment or taxation under the Act or Section 105(h) of the Code and, to the
extent that Executive incurs any additional tax liability as a result of the payment of such premiums by the Company, he shall receive an additional payment in cash, such that he is put in the same after-tax
position as if no such additional tax liability had been incurred. 
 Notwithstanding the foregoing, the payments and benefits described in clauses (ii),
(iii), (iv) and (v) above shall immediately terminate, and the Company shall have no further obligations to Executive with respect thereto, in the event that Executive breaches any provision of the Non-Interference Agreement. Following such
termination of Executive’s employment by the Company without Cause, except as set forth in this Section 8(d), Executive shall have no further rights to any compensation or any other benefits under this Agreement. For the avoidance of
doubt, Executive’s sole and exclusive remedy upon a termination of employment by the Company without Cause shall be receipt of the Severance Benefits. 

(e) Termination by Executive with Good Reason. Executive may terminate his employment with Good Reason by providing the Company thirty
(30) days’ written notice setting forth in reasonable specificity the event that constitutes Good Reason, which written notice, to be effective, must be provided to the Company within sixty (60) days of the occurrence of such event.
During such thirty (30) day notice period, the Company shall have a cure right (if curable), and if not cured within such period, Executive’s termination will be effective upon the expiration of such cure period, and Executive shall be
entitled to the same payments and benefits as provided in Section 8(d) hereof for a termination by the Company without Cause, subject to the same conditions on payment and benefits as described in Section 8(d) hereof. Following such
termination of Executive’s employment by Executive with Good Reason, except as set forth in this Section 8(e), Executive shall have no further rights to any compensation or any other benefits under this Agreement. For the avoidance of
doubt, Executive’s sole and exclusive remedy upon a termination of employment with Good Reason shall be receipt of the Severance Benefits. 

(f) Termination by Executive without Good Reason. Executive may terminate his employment without Good Reason by providing the Company
thirty (30) days’ written notice of such termination. In the event of a termination of employment by Executive under this Section 8(g), Executive shall be entitled only to the Accrued Obligations. In the event of termination of
Executive’s employment under this Section 8(f), the Company may, in its sole and absolute discretion, by written notice accelerate such date of termination without changing the characterization of such termination as a termination by
Executive without Good Reason, and provide payment to Executive of his Base Salary for the remainder of the notice period. Following such termination of Executive’s employment by Executive without Good Reason, except as set forth in this
Section 8(f), Executive shall have no further rights to any compensation or any other benefits under this Agreement. 

  
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 (g) Release. Notwithstanding any provision herein to the contrary, the payment of any
amount or provision of any benefit pursuant to subsection (b), (d), or (e) of this Section 8 (other than the Accrued Obligations) (collectively, the “Severance Benefits”) shall be conditioned upon Executive’s
execution, delivery to the Company, and non-revocation of the Release of Claims (and the expiration of any revocation period contained in such Release of Claims) within sixty (60) days following the date
of Executive’s termination of employment hereunder. If Executive fails to execute the Release of Claims in such a timely manner so as to permit any revocation period to expire prior to the end of such sixty (60) day period, or timely
revokes his acceptance of such release following its execution, Executive shall not be entitled to any of the Severance Benefits. Further, to the extent that any of the Severance Benefits constitutes “nonqualified deferred compensation”
for purposes of Section 409A of the Code, any payment of any amount or provision of any benefit otherwise scheduled to occur prior to the sixtieth (60th) day following the date of
Executive’s termination of employment hereunder, but for the condition on executing the Release of Claims as set forth herein, shall not be made until the first regularly scheduled payroll date following such sixtieth (60th) day, after which any remaining Severance Benefits shall thereafter be provided to Executive according to the applicable schedule set forth herein. For the avoidance of doubt, in the event of a
termination due to Executive’s death or Disability, Executive’s obligations herein to execute and not revoke the Release of Claims may be satisfied on Executive’s behalf by Executive’s estate or a person having legal power of
attorney over his affairs. 
 Section 9. Non-Interference Agreement; Non-Disparage  
 (a) As a condition of, and prior to commencement of, Executive’s employment with
the Company, Executive shall have executed and delivered to the Company the Non-Interference Agreement. The parties hereto acknowledge and agree that this Agreement and the
Non-Interference Agreement shall be considered separate contracts, and the Non-Interference Agreement will survive the termination of this Agreement for any reason. 

(b) Executive agrees that during the Term, and at all times thereafter, Executive shall not make any disparaging or defamatory comments
regarding any member of the Company Group or its respective current or former directors, officers, employees or shareholders in any respect or make any comments concerning any aspect of Executive’s relationship with any member of the Company
Group or any conduct or events which precipitated any termination of Executive’s employment from any member of the Company Group. However, Executive’s obligations under this subparagraph (b) shall not apply to disclosures required or
permitted by applicable law, regulation, or order of a court or governmental agency. 
 (c) The Company agrees to instruct its officers and
directors not to make any disparaging or defamatory comments regarding Executive in any respect or make any comments concerning any aspect of Executive’s relationship with any member of the Company Group or any conduct or events which
precipitated any termination of Executive’s employment from any member of the Company Group. However, the Company’s obligations under this subparagraph (c) shall not apply to disclosures required by applicable law, regulation, or order of
a court or governmental agency. 
 (d) Executive has the right under federal law to certain protections for cooperating with or reporting
legal violations to the Securities and Exchange Commission (the “SEC”) and/or its Office of the Whistleblower, as well as certain other governmental entities and self-regulatory organizations. As such, nothing in this Agreement, the
Non-Interference Agreement or otherwise is intended to prohibit Executive from disclosing this Agreement or the 

  
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 Non-Interference Agreement to, or from cooperating with or reporting
violations to, the SEC or any other such governmental entity or self-regulatory organization, and Executive may do so without notifying the Company. The Company may not retaliate against Executive for any of these activities, and nothing in this
Agreement, the Non-Interference Agreement or otherwise would require Executive to waive any monetary award or other payment that Executive might become entitled to from the SEC or any other governmental entity
or self-regulatory organization. Moreover, nothing in this Agreement, the Non-Interference Agreement or otherwise prohibits Executive from notifying the Company that Executive is going to make a report or
disclosure to law enforcement. 
 Section 10. Representations and Warranties of Executive.  

Executive represents and warrants to the Company that— 

(a) Executive is entering into this Agreement voluntarily and that Executive’s employment hereunder and compliance with the terms and
conditions hereof will not conflict with or result in the breach by Executive of any agreement to which Executive is a party or by which Executive may be bound; 

(b) Executive has not violated, and in connection with Executive’s employment with the Company will not violate, any non-solicitation, non-competition, or other similar covenant or agreement of a prior employer by which Executive is or may be bound; and 

(c) in connection with Executive’s employment with the Company, Executive will not use any confidential or proprietary information
Executive may have obtained in connection with employment with any prior employer. 
 Section 11. Taxes.  

The Company may withhold from any payments made under this Agreement all applicable taxes, including but not limited to income, employment, and
social insurance taxes, as shall be required by law. Executive acknowledges and represents that the Company has not provided any tax advice to Executive in connection with this Agreement and that Executive has been advised by the Company to seek tax
advice from his own tax advisors regarding this Agreement and payments that may be made to Executive pursuant to this Agreement, including specifically, the application of the provisions of Section 409A of the Code to such payments. 

Section 12. Set Off; Mitigation.  

The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim, or recoupment of amounts owed by Executive to the Company or its affiliates; provided, however, that to the extent any amount so subject to
set-off, counterclaim, or recoupment is payable in installments hereunder, such set-off, counterclaim, or recoupment shall not modify the applicable payment date of any
installment, and to the extent an obligation cannot be satisfied by reduction of a single installment payment, any portion not satisfied shall remain an outstanding obligation of Executive and shall be applied to the next installment only at such
time the installment is otherwise payable pursuant to the specified payment schedule. Executive shall not be required to mitigate the amount of any payment provided pursuant to this Agreement by seeking other employment or otherwise, and except as
provided in Section 8(d)(iv) hereof, the amount of any payment provided for pursuant to this Agreement shall not be reduced by any compensation earned as a result of Executive’s other employment or otherwise. 

  
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 Section 13. Additional Section 409A Provisions.  

Notwithstanding any provision in this Agreement to the contrary— 

(a) Any payment otherwise required to be made hereunder to Executive at any date as a result of the termination of Executive’s employment
shall be delayed for such period of time as may be necessary to meet the requirements of Section 409A(a)(2)(B)(i) of the Code (the “Delay Period”). On the first business day following the expiration of the Delay Period,
Executive shall be paid, in a single cash lump sum, an amount equal to the aggregate amount of all payments delayed pursuant to the preceding sentence, and any remaining payments not so delayed shall continue to be paid pursuant to the payment
schedule set forth herein. 
 (b) Each payment in a series of payments hereunder shall be deemed to be a separate payment for purposes of
Section 409A of the Code. 
 (c) To the extent that any right to reimbursement of expenses or payment of any benefit in-kind under this Agreement constitutes nonqualified deferred compensation (within the meaning of Section 409A of the Code), (i) any such expense reimbursement shall be made by the Company no later than the
last day of the taxable year following the taxable year in which such expense was incurred by Executive, (ii) the right to reimbursement or in-kind benefits shall not be subject to liquidation or exchange
for another benefit, and (iii) the amount of expenses eligible for reimbursement or in-kind benefits provided during any taxable year shall not affect the expenses eligible for reimbursement or in-kind benefits to be provided in any other taxable year; provided that the foregoing clause shall not be violated with regard to expenses reimbursed under any arrangement covered by Section 105(b) of
the Code solely because such expenses are subject to a limit related to the period the arrangement is in effect. 
 (d) While the payments
and benefits provided hereunder are intended to be structured in a manner to avoid the implication of any penalty taxes under Section 409A of the Code, in no event whatsoever shall the Parent or any of its affiliates (including, without
limitation, the Company) be liable for any additional tax, interest, or penalties that may be imposed on Executive as a result of Section 409A of the Code or any damages for failing to comply with Section 409A of the Code (other than for
withholding obligations or other obligations applicable to employers, if any, under Section 409A of the Code). 
 Section 14.
Successors and Assigns; No Third-Party Beneficiaries.  
 (a) The Company. This Agreement shall inure to the benefit of the
Company and its respective successors and assigns. Neither this Agreement nor any of the rights, obligations, or interests arising hereunder may be assigned by the Company to a Person (other than another member of the Company Group, or its or their
respective successors) without Executive’s prior written consent (which shall not be unreasonably withheld, delayed, or conditioned); provided, however, that in the event of a sale of all or substantially all of the assets of the
Company or any direct or indirect division or subsidiary thereof to which Executive’s employment primarily relates, the Company shall provide that this Agreement will be assigned to, and assumed by, the acquiror of such assets, it being agreed
that in such circumstances, Executive’s consent will not be required in connection therewith. 

  
 11 

 (b) Executive. Executive’s rights and obligations under this Agreement shall not
be transferable by Executive by assignment or otherwise, without the prior written consent of the Company; provided, however, that if Executive shall die, all amounts then payable to Executive hereunder shall be paid in accordance with
the terms of this Agreement to Executive’s devisee, legatee, or other designee, or if there be no such designee, to Executive’s estate. 

(c) No Third-Party Beneficiaries. Except as otherwise set forth in Section 8(b) or Section 14(b) hereof, nothing expressed or
referred to in this Agreement will be construed to give any Person other than the Company, the other members of the Company Group, and Executive (or Executive’s estate or beneficiaries, as applicable) any legal or equitable right, remedy, or
claim under or with respect to this Agreement or any provision of this Agreement. 
 Section 15. Waiver and Amendments.  

Any waiver, alteration, amendment, or modification of any of the terms of this Agreement shall be valid only if made in writing and signed by
each of the parties hereto; provided, however, that any such waiver, alteration, amendment, or modification must be consented to on the Company’s behalf by the Board. No waiver by either of the parties hereto of their rights
hereunder shall be deemed to constitute a waiver with respect to any subsequent occurrences or transactions hereunder unless such waiver specifically states that it is to be construed as a continuing waiver. 

Section 16. Severability.  

If any covenants or such other provisions of this Agreement are found to be invalid or unenforceable by a final determination of a court of
competent jurisdiction, (a) the remaining terms and provisions hereof shall be unimpaired, and (b) the invalid or unenforceable term or provision hereof shall be deemed replaced by a term or provision that is valid and enforceable and that
comes closest to expressing the intention of the invalid or unenforceable term or provision hereof. 
 Section 17. Governing Law.
 
 EXCEPT WHERE PREEMPTED BY FEDERAL LAW, THE VALIDITY, INTERPRETATION, CONSTRUCTION, AND PERFORMANCE OF THIS AGREEMENT IS GOVERNED BY
AND IS TO BE CONSTRUED UNDER THE LAWS OF THE STATE OF COLORADO APPLICABLE TO AGREEMENTS MADE AND TO BE PERFORMED IN THAT STATE. WITHOUT REGARD TO CONFLICT OF LAWS RULES. EACH PARTY TO THIS AGREEMENT ALSO HEREBY WAIVES ANY RIGHT TO TRIAL BY JURY IN
CONNECTION WITH ANY SUIT, ACTION, OR PROCEEDING UNDER OR IN 
 CONNECTION WITH THIS AGREEMENT. 

Section 18. Notices.  

(a) Place of Delivery. Every notice or other communication relating to this Agreement shall be in writing, and shall be mailed to or
delivered to the party for whom or which it is intended at such address as may from time to time be designated by it in a notice mailed or delivered to the other party as herein provided; provided that unless and until some other address be
so designated, all notices and communications by Executive to the Company shall be mailed or delivered to the Company at its principal executive office, and all notices and communications by the Company to Executive may be given to Executive
personally or may be mailed to Executive at Executive’s last known residential address, as reflected in the Company’s records. 

  
 12 

 (b) Date of Delivery. Any notice so addressed shall be deemed to be given or received
(i) if delivered by hand, on the date of such delivery, (ii) if mailed by courier or by overnight mail, on the first business day following the date of such mailing, and (iii) if mailed by registered or certified mail, on the third
business day after the date of such mailing. 
 (c) Copies. 

(i) If notice is provided to the Company pursuant to this Section 18, a copy (which shall not constitute
notice) shall be provided to: 
 Davis Polk & Wardwell LLP 

450 Lexington Avenue 
 New York,
NY 10017 
 Email: john.amorosi@davispolk.com 

Attention: John D. Amorosi 
 and

 Davis Polk & Wardwell LLP 

2201 China World Office 2 
 1 Jian
Guo Men Wai Avenue 
 Chaoyang District 

Beijing 100004 
 China 

Email: howard.zhang@davispolk.com 

Attention: Howard Zhang 
 (ii) If
notice is provided to Executive pursuant to this Section 18, a copy (which shall not constitute notice) shall be provided to: 
 Paul
Hastings LLP 
 55 Second Street, 24th Floor 

San Francisco, CA 94105 

Facsimile: (415) 856-7360 

Attention: Mike J. Kennedy 

Email: mikekennedy@paulhastings.com 

Section 19. Section Headings.  

The headings of the sections and subsections of this Agreement are inserted for convenience only and shall not be deemed to constitute a part
thereof or affect the meaning or interpretation of this Agreement or of any term or provision hereof. 
 Section 20. Entire
Agreement.  
 Subject to Section 2(b) hereof, this Agreement, together with any exhibits attached hereto, constitutes the entire
understanding and agreement of the parties hereto regarding the employment of Executive. This Agreement supersedes all prior negotiations, discussions, correspondence, communications, understandings, term sheets and agreements between the parties
relating to the subject matter of this Agreement (including the provisions of Annex B of the Rollover Agreement entered into with the Purchaser as of April 11, 2016, to the extent related to the subject matter of this Agreement). 

  
 13 

 Section 21. Survival of Operative Sections.  

Upon any termination of Executive’s employment, the provisions of Section 8 through Section 22 of this Agreement (together with
any related definitions set forth in Section 1 hereof) shall survive to the extent necessary to give effect to the provisions thereof. 

Section 22. Counterparts.  

This Agreement may be executed in two or more counterparts, each of which shall be deemed to be an original but all of which together shall
constitute one and the same instrument. The execution of this Agreement may be by actual or facsimile signature. 
 * * * 

[Signatures to appear on the following page.] 

  
 14 

 IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the
date first above written. 
  

			
	ASSETMARK FINANCIAL HOLDINGS, INC.
		
	By:	 	

	Name:	 	  
 Ted Angus

	Title:	 	EVP, General Counsel

  

	
	EXECUTIVE
	
	 

	  
 Charles Goldman

  
 [Signature Page to
Charles Goldman Employment Agreement] 

 [Page Intentionally Left Blank] 

 EXHIBIT A 

NON-INTERFERENCE AGREEMENT 

CONFIDENTIALITY, NON-INTERFERENCE, AND INVENTION ASSIGNMENT 

AGREEMENT 
 As a condition
of my becoming employed by AssetMark Financial Holdings, Inc., a Delaware corporation (the “Company”), and in consideration of my employment with the Company and my receipt of the compensation now and hereafter paid to me by the
Company, I agree to the following: 
 Section 1. Confidential Information.  

(a) Company Group Information. I acknowledge that, during the course of my employment, I will have access to information about Parent and its
direct and indirect majority-owned subsidiaries (collectively, the “Company Group”) and that my employment with the Company shall bring me into close contact with confidential and proprietary information of the Company Group. In
recognition of the foregoing, I agree, at all times during the term of my employment with the Company and thereafter, to hold in confidence, and not to use, except for the benefit of the Company Group, or to disclose to any person, firm,
corporation, or other entity without written authorization of the Company, any Confidential Information that I obtain or create. I further agree not to make unauthorized copies of such Confidential Information. I understand that
“Confidential Information” means information that the Company Group has developed, acquired, created, compiled, discovered, or owned or will develop, acquire, create, compile, discover, or own, that has value in or to the business
of the Company Group that is not generally known and that the Company wishes to maintain as confidential, including track records. I understand that Confidential Information includes, but is not limited to, any and all
non-public information that relates to the actual or anticipated business and/or products, research, or development of the Company, or to the Company’s technical data, trade secrets, or know-how. including, but not limited to, research, product plans, or other information regarding the Company’s products or services and markets, customer lists, and customers (including, but not limited to,
customers of the Company on whom I called or with whom I may become acquainted during the term of my employment), software, developments, inventions, processes, formulas, technology, designs, drawings, engineering, hardware configuration
information, marketing, finances, and other business information disclosed by the Company either directly or indirectly in writing, orally, or by drawings or inspection of premises, parts, equipment, or other Company property. Notwithstanding the
foregoing, Confidential Information shall not include (i) any of the foregoing items that have become publicly and widely known through no unauthorized disclosure by me or others who were under confidentiality obligations as to the item or
items involved or (ii) any information that I am required to disclose to, or by, any governmental or judicial authority; provided, however, that in such event I will give the Company prompt written notice thereof so that the Company Group may
seek an appropriate protective order and/or waive in writing compliance with the confidentiality provisions of this Confidentiality, Non-Interference, and Invention Assignment Agreement (this “Non-Interference Agreement”). 
 (b) Former Employer Information. I represent that my performance
of all of the terms of this Non-Interference Agreement as an employee of the Company has not breached and will not breach any agreement to keep in confidence proprietary information, knowledge, or data
acquired by me in confidence or trust prior or subsequent to the 

  
 A-1 

 commencement of my employment with the Company, and I will not disclose to any member of the Company Group,
or induce any member of the Company Group to use, any developments, or confidential or proprietary information or material I may have obtained in connection with employment with any prior employer in violation of a confidentiality agreement,
nondisclosure agreement, or similar agreement with such prior employer. 
 Section 2. Developments.  

(a) Developments Retained and Licensed. I have attached hereto, as Schedule A, a list describing with particularity all
developments, original works of authorship, improvements, and trade secrets that I can demonstrate were created or owned by me prior to the commencement of my employment (collectively referred to as “Prior Developments”), which
belong solely to me or belong to me jointly with another, that relate in any way to any of the actual or proposed businesses, products, or research and development of any member of the Company Group, and that are not assigned to the Company
hereunder, or if no such list is attached, I represent that there are no such Prior Developments. If, during any period during which I perform or performed services for the Company Group both before or after the date hereof (the “Assignment
Period”), whether as an officer, employee, director, independent contractor, consultant, or agent, or in any other capacity, I incorporate (or have incorporated) into a Company Group product or process a Prior Development owned by me or in
which I have an interest, I hereby grant each member of the Company Group, and each member of the Company Group shall have, a non-exclusive, royalty-free, irrevocable, perpetual, transferable worldwide license
(with the right to sublicense) to make, have made, copy, modify, make derivative works of, use, sell, and otherwise distribute such Prior Development as part of or in connection with such product or process. 

(b) Assignment of Developments. I agree that I will, without additional compensation, promptly make full written disclosure to the
Company, and will hold in trust for the sole right and benefit of the Company all developments, original works of authorship, inventions, concepts, know-how, improvements, trade secrets, and similar
proprietary rights, whether or not patentable or registrable under copyright or similar laws, which I may solely or jointly conceive or develop or reduce to practice, or have solely or jointly conceived or developed or reduced to practice, or have
caused or may cause to be conceived or developed or reduced to practice, during the Assignment Period, whether or not during regular working hours, provided they either (i) relate at the time of conception, development or reduction to practice
to the business of any member of the Company Group, or the actual or anticipated research or development of any member of the Company Group; (ii) result from or relate to any work performed for any member of the Company Group; or (iii) are
developed through the use of equipment, supplies, or facilities of any member of the Company Group, or any Confidential Information, or in consultation with personnel of any member of the Company Group (collectively referred to as
“Developments”). I further acknowledge that all Developments made by me (solely or jointly with others) within the scope of and during the Assignment Period are “works made for hire” (to the greatest extent permitted by
applicable law) for which I am, in part, compensated by my salary, unless regulated otherwise by law, but that, in the event any such Development is deemed not to be a work made for hire, I hereby assign to the Company, or its designee, all my
right, title, and interest throughout the world in and to any such Development. If any Developments cannot be assigned, I hereby grant to the Company Group an exclusive, assignable, irrevocable, perpetual, worldwide, sublicenseable (through one or
multiple tiers), royalty-free, unlimited license to use, make, modify, sell, offer for sale, reproduce, distribute, create derivative works of, publicly perform, publicly display and digitally perform and display such work in any media now known or
hereafter known. Outside the scope of my service, 

  
 A-2 

 whether during or after my employment with any member of the Company Group, I agree not to (i) modify,
adapt, alter, translate, or create derivative works from any such work of authorship or (ii) merge any such work of authorship with other Developments. To the extent rights related to paternity, integrity, disclosure and withdrawal
(collectively, “Moral Rights”) may not be assignable under applicable law and to the extent the following is allowed by the laws in the various countries where Moral Rights exist, I hereby irrevocably waive such Moral Rights and
consent to any action of the Company Group that would violate such Moral Rights in the absence of such consent. 
 (c) Maintenance of
Records. I agree to keep and maintain adequate and current written records of all Developments made by me (solely or jointly with others) during the Assignment Period. The records may be in the form of notes, sketches, drawings, flow charts,
electronic data or recordings, and any other format. The records will be available to and remain the sole property of the Company Group at all times. I agree not to remove such records from the Company’s place of business except as expressly
permitted by Company Group policy, which may, from time to time, be revised at the sole election of the Company Group for the purpose of furthering the business of the Company Group. 

(d) Intellectual Property Rights. I agree to assist the Company, or its designee, at the Company’s expense, in every way to secure
the rights of the Company Group in the Developments and any copyrights, patents, trademarks, service marks, database rights, domain names, mask work rights, moral rights, and other intellectual property rights relating thereto in any and all
countries, including the disclosure to the Company of all pertinent information and data with respect thereto, the execution of all applications, specifications, oaths, assignments, recordations, and all other instruments that the Company shall deem
necessary in order to apply for, obtain, maintain, and transfer such rights and in order to assign and convey to the Company Group the sole and exclusive right, title, and interest in and to such Developments, and any intellectual property and other
proprietary rights relating thereto. I further agree that my obligation to execute or cause to be executed, when it is in my power to do so, any such instrument or papers shall continue after the Assignment Period until the expiration of the last
such intellectual property right to expire in any country of the world; provided, however, the Company shall reimburse me for my reasonable expenses incurred in connection with carrying out the foregoing obligation. If the Company is
unable because of my mental or physical incapacity or unavailability for any other reason to secure my signature to apply for or to pursue any application for any United States or foreign patents or copyright registrations covering Developments or
original works of authorship assigned to the Company as above, then I hereby irrevocably designate and appoint the Company and its duly authorized officers and agents as my agent and attorney in fact to act for and in my behalf and stead to execute
and file any such applications or records and to do all other lawfully permitted acts to further the application for, prosecution, issuance, maintenance, and transfer of letters patent or registrations thereon with the same legal force and effect as
if originally executed by me. I hereby waive and irrevocably quitclaim to the Company any and all claims, of any nature whatsoever, that I now or hereafter have for past, present, or future infringement of any and all proprietary rights assigned to
the Company. 
 Section 3. Returning Company Group Documents.  

I agree that at the time of termination of my employment with the Company for any reason, I will deliver to the Company (and will not keep in
my possession, recreate, or deliver to anyone else) any and all Confidential Information and all other documents, materials, information, and property developed by me pursuant to my employment or otherwise belonging 

  
 A-3 

 to the Company. I agree further that any property situated on the Company’s premises and owned by the
Company (or any other member of the Company Group), including disks and other storage media, filing cabinets, and other work areas, is subject to inspection by personnel of any member of the Company Group at any time with or without notice. 

Section 4. Disclosure of Agreement.  

As long as it remains in effect, I will disclose the existence of this Non-Interference Agreement to any prospective employer, partner,
co-venturer, investor, or lender prior to entering into an employment, partnership, or other business relationship with such person or entity. 

Section 5. Employee Protections  

I have the right under federal law to certain protections for cooperating with or reporting legal violations to the Securities Exchange
Commission (the “SEC”) and/or its Office of the Whistleblower, as well as certain other governmental entities and self-regulatory organizations. As such, nothing in this Non-Interference
Agreement or otherwise is intended to prohibit me from disclosing this Non-Interference Agreement to, or from cooperating with or reporting violations to, the SEC or any other such governmental entity or
self-regulatory organization, and I may do so without notifying the Company. The Company may not retaliate against me for any of these activities, and nothing in this Non-Interference Agreement or otherwise
would require me to waive any monetary award or other payment that I might become entitled to from the SEC or any other governmental entity. Moreover, nothing in this Non-Interference Agreement or otherwise prohibits me from notifying the Company
that I am going to make a report or disclosure to law enforcement. 
 Section 6. Restrictions on Interfering.  

(a) Non-Competition. During the period of my employment with the Company (the
“Employment Period”) and the Post-Termination Non-Compete Period, I shall not, directly or indirectly, individually or on behalf of any person, company, enterprise, or entity, or as a sole
proprietor, partner, stockholder, director, officer, principal, agent, or executive, or in any other capacity or relationship, engage in any Competitive Activities, within the United States or any other jurisdiction in which the Company Group is
actively engaged in business. 
 (b) Non-Interference. During the Employment Period and the
Post- Termination Non-Interference Period, I shall not, directly or indirectly for my own account or for the account of any other individual or entity, engage in Interfering Activities. 

(c) Definitions. For purposes of this Non-Interference Agreement: 

(i) “Business Relation” shall mean any current or prospective client, customer, licensee, or other business
relation of the Company Group, or any such relation that was a client, customer, licensee, supplier, or other business relation within the six (6) month period prior to the expiration of the Employment Period, in each case, to whom I provided
services, or with whom I transacted business, or whose identity became known to me in connection with my relationship with or employment by the Company. 

  
 A-4 

 (ii) “Competitive Activities” shall mean any business
activities in which any member of the Company Group is engaged (or has demonstrable plans to engage) during the Employment Period; provided that nothing herein shall prohibit me from providing services to a private equity firm with respect to
investments that are not competitive with any member of the Company Group. 
 (iii) “Interfering Activities”
shall mean (A) encouraging, soliciting, or inducing, or in any manner attempting to encourage, solicit, or induce, the employment or services of, or hire, any person who was known by me to be employed by or was a consultant to any member of the
Company Group at the time of the termination of the Employment Period, or within six (6) months prior thereto; provided that the foregoing shall not be violated by general advertising not targeted at employees or consultants of any
member of the Company Group, (B) encouraging, soliciting, or inducing, or in any manner attempting to encourage, solicit, or induce investment management or investment advisory services from, or otherwise providing any investment management or
investment advisory services to, any limited partner, investor, person, firm, corporation or other entity that was a customer, client, investor, business partner, or employee of any member of the Company Group or prospective customer, investor,
business partner or client of any member of the Company Group whom the Company or any of its affiliates had actively solicited within the twelve (12) months prior to termination of the Employment Period, (C) interfering with or damaging,
or taking any action that could reasonably be expected to interfere with or damage, or attempting to interfere with or damage, any relationship between any member of the Company Group or any funds managed or advised thereby and their respective
clients, investors, business partners, customers or employees, or (D) encouraging, soliciting or inducing, or in any manner attempting to encourage, solicit or induce any customer, supplier, licensee or other business relation of any member of
the Company Group to cease doing business with or materially reduce the amount of business conducted with any member of the Company Group or any funds managed or advised thereby, or in any way interfere with the relationship between any such
customer, supplier, licensee or business relation and any member of the Company Group. 
 (iv) “Person”
shall mean any individual, corporation, partnership, limited liability company, joint venture, association, joint-stock company, trust (charitable or non-charitable), unincorporated organization, or other form
of business entity. 
 (v) “Post-Termination Non-Compete Period”
shall mean the period commencing on the date of the termination of the Employment Period for any reason and ending on the twelve (12) month anniversary of such date of termination. 

(vi) “Post-Termination Non-Interference Period” shall mean the period
commencing on the date of the termination of the Employment Period for any reason and ending on the twelve (12) month anniversary of such date of termination. 

Section 7. Reasonableness of Restrictions.  

I acknowledge and recognize the highly competitive nature of the Company’s business, that access to Confidential Information renders me
special and unique within the Company’s industry, and that I will have the opportunity to develop substantial relationships with existing and prospective clients, accounts, customers, consultants, contractors, investors, and strategic partners
of the Company Group during the course of and as a result of my employment with the Company. In light of the foregoing, I recognize and acknowledge that the restrictions 

  
 A-5 

 and limitations set forth in this Non-Interference Agreement are
reasonable and valid in geographical and temporal scope and in all other respects and are essential to protect the value of the business and assets of the Company Group. I acknowledge further that the restrictions and limitations set forth in this Non-Interference Agreement will not materially interfere with my ability to earn a living following the termination of my employment with the Company and that my ability to earn a livelihood without violating such
restrictions is a material condition to my employment with the Company. 
 Section 8. Independence; Severability; Blue Pencil. 

 Each of the rights enumerated in this Non-Interference Agreement shall be independent of the
others and shall be in addition to and not in lieu of any other rights and remedies available to the Company Group at law or in equity. If any of the provisions of this Non-Interference Agreement or any part
of any of them is hereafter construed or adjudicated to be invalid or unenforceable, the same shall not affect the remainder of this Non-Interference Agreement, which shall be given full effect without regard
to the invalid portions. If any of the covenants contained herein are held to be invalid or unenforceable because of the duration of such provisions or the area or scope covered thereby, I agree that the court making such determination shall have
the power to reduce the duration, scope, and/or area of such provision to the maximum and/or broadest duration, scope, and/or area permissible by law, and in its reduced form said provision shall then be enforceable. 

Section 9. Injunctive Relief.  

I expressly acknowledge that any breach or threatened breach of any of the terms and/or conditions set forth in this Non-Interference Agreement may result in substantial, continuing, and irreparable injury to the members of the Company Group. Therefore, I hereby agree that, in addition to any other remedy that may be available to
the Company, any member of the Company Group shall be entitled to injunctive relief, specific performance, or other equitable relief by a court of appropriate jurisdiction in the event of any breach or threatened breach of the terms of this Non-Interference Agreement without the necessity of proving irreparable harm or injury as a result of such breach or threatened breach. Notwithstanding any other provision to the contrary, I acknowledge and agree
that the Post-Termination Non-Compete Period or Post-Termination Non-Interference Period, as applicable, shall be tolled during any period of violation of any of the
covenants in Section 5 hereof and during any other period required for litigation during which the Company or any other member of the Company Group seeks to enforce such covenants against me if it is ultimately determined that I was in breach
of such covenants. 
 Section 10. Cooperation.  

I agree that, following any termination of my employment, I will continue to provide cooperation reasonably requested by the Company and/or any
other member of the Company Group and its or their respective counsel in connection with any investigation, administrative proceeding, or litigation relating to any matter that occurred during my employment in which I was involved or of which I have
knowledge. As a condition of such cooperation, the Company shall reimburse me for reasonable out-of-pocket expenses incurred at the request of the Company with respect
to my compliance with this paragraph. I also agree that, in the event that I am subpoenaed by any person or entity (including, but not limited to, any government agency) to give testimony or provide documents (in a deposition, court proceeding, or
otherwise) that in any way relates to my employment by the Company and/or any other member of the Company Group, I will give prompt notice of such request to the Company and will make no disclosure until the Company and/or the other member of the
Company Group has had a reasonable opportunity to contest the right of the requesting person or entity to such disclosure. 

  
 A-6 

 Section 11. General Provisions.  

(a) Governing Law and Jurisdiction. EXCEPT WHERE PREEMPTED BY FEDERAL LAW, THE VALIDITY, INTERPRETATION, CONSTRUCTION, AND PERFORMANCE
OF THIS NON-INTERFERENCE AGREEMENT IS GOVERNED BY AND IS TO BE CONSTRUED UNDER THE LAWS OF THE STATE OF COLORADO APPLICABLE TO AGREEMENTS MADE AND TO BE PERFORMED IN THAT STATE, WITHOUT REGARD TO CONFLICT OF
LAWS RULES. FURTHER, I HEREBY WAIVE ANY RIGHT TO TRIAL BY JURY IN CONNECTION WITH ANY SUIT, ACTION, OR PROCEEDING UNDER OR IN CONNECTION WITH THIS NON-INTERFERENCE AGREEMENT. 

(b) Entire Agreement. This Non-Interference Agreement sets forth the entire agreement and
understanding between the Company and me relating to the subject matter herein and merges all prior discussions between us. No modification or amendment to this Non-Interference Agreement, nor any waiver of
any rights under this Non-Interference Agreement, will be effective unless in writing signed by the party to be charged. Any subsequent change or changes in my duties, obligations, rights, or compensation will
not affect the validity or scope of this Non-Interference Agreement. 
 (c) No Right of Continued
Employment. I acknowledge and agree that nothing contained herein shall be construed as granting me any right to continued employment by the Company, and the right of the Company to terminate my employment at any time and for any reason, with or
without cause, is specifically reserved, subject to the obligations set forth in my employment agreement with the Company. 
 (d)
Successors and Assigns. This Non-Interference Agreement will be binding upon my heirs, executors, administrators, and other legal representatives and will be for the benefit of the Company, its
successors, and its assigns. I expressly acknowledge and agree that this Non-Interference Agreement may be assigned by the Company without my consent to any other member of the Company Group as well as any
purchaser of all or substantially all of the assets or stock of the Company or of any business or division of the Company for which I provide services, whether by purchase, merger, or other similar corporate transaction; provided that the
license granted pursuant to Section 2(a) may be assigned to any third party by the Company without my consent. 
 (e) Survival.
The provisions of this Non-Interference Agreement shall survive the termination of my employment with the Company and/or the assignment of this Non-Interference
Agreement by the Company to any successor in interest or other assignee. 
 *    *    * 

  
 A-7 

 I, Charles Goldman, have executed this Confidentiality,
Non-Interference, and Invention Assignment Agreement on the respective date set forth below: 
  

					
	Date:	 		 	

		 		 	  
 (Signature)

			
		 		 	 Charles Goldman

		 		 	(Type/Print Name)

 [Signature Page to Non-Interference Agreement] 

 SCHEDULE A 

LIST OF PRIOR DEVELOPMENTS 

AND ORIGINAL WORKS OF AUTHORSHIP 

EXCLUDED FROM SECTION 2 
  

					
	Title	  	Date	  	Identifying Number or
		  		  	Brief Description

  

			
	Ö     No Developments or improvements

			
	         Additional Sheets	  	

			
	Signature of Employee:	  	 

		  	
                          
                                         
                                         
                                         
                       

			
	
	Print Name of Employee: Charles Goldman

			
	Date: Nov 1, 2016

 [Signature Page to Non-Interference Agreement] 

 [Page Intentionally Left Blank] 

 
  
  

 EXHIBIT C 

RELEASE OF CLAIMS 
 As
used in this Release of Claims (this “Release”), the term “claims” will include all claims, covenants, warranties, promises, undertakings, actions, suits, causes of action, obligations, debts, accounts, attorneys’ fees,
judgments, losses, and liabilities, of whatsoever kind or nature, in law, in equity, or otherwise. 
 For and in consideration of the
Severance Benefits (as defined in my Employment Agreement, dated [•], with AssetMark Financial Holdings, Inc. (my “Employment Agreement”)), and other good and valuable consideration, I, Charles Goldman, for and on behalf of
myself and my heirs, administrators, executors, and assigns, effective as of the date on which this release becomes effective pursuant to its terms, do fully and forever release, remise, and discharge each of the Company, the Parent, and each of
their respective direct and indirect subsidiaries and affiliates, and their respective successors and assigns, together with their respective officers, directors, partners, shareholders, employees, and agents (collectively, the
“Group”), from any and all claims whatsoever up to the date hereof that I had, may have had, or now have against the Group, whether known or unknown, for or by reason of any matter, cause, or thing whatsoever, including any claim
arising out of or attributable to my employment or the termination of my employment with the Company, whether for tort, breach of express or implied employment contract, intentional infliction of emotional distress, wrongful termination, unjust
dismissal, defamation, libel, or slander, or under any federal, state, or local law dealing with discrimination based on age, race, sex, national origin, handicap, religion, disability, or sexual orientation. This release of claims includes, but is
not limited to, all claims arising under the Age Discrimination in Employment Act (“ADEA”), Title VII of the Civil Rights Act, the Americans with Disabilities Act, the Civil Rights Act of 1991, the Family Medical Leave Act, the
Equal Pay Act, the Sarbanes-Oxley Act of 2002, 18 U.S.C. § 1514; Sections 748(h)(i), 922(h)(i) and 1057 of the Dodd-Frank Wall Street and Consumer Protection Act (the “Dodd Frank Act”), 7 U.S.C. § 26(h), 15 U.S.C. § 78u-6(h)(i) and 12 U.S.C. § 5567(a) but excluding from this release any right I may have to receive a monetary award from the SEC as an SEC Whistleblower, pursuant to the bounty provision under
Section 922(a)-(g) of the Dodd Frank Act, 7 U.S.C. Sec. 26(a)-(g), or directly from any other federal or state agency pursuant to a similar program each as may be amended from time to time, and all other federal, state, and local laws, the
common law, and any other purported restriction on an employer’s right to terminate the employment of employees. The release contained herein is intended to be a general release of any and all claims to the fullest extent permissible by law.

 I acknowledge and agree that as of the date I execute this Release, I have no knowledge of any facts or circumstances that give rise or
could give rise to any claims under any of the laws listed in the preceding paragraph. 
 By executing this Release, I specifically release
all claims relating to my employment and its termination under ADEA, a United States federal statute that, among other things, prohibits discrimination on the basis of age in employment and employee benefit plans. In addition, I am expressly waiving
any and all rights under Section 1542 of the Civil Code of the State of California, or any other federal or state statutory rights or rules or principles of common law or equity, or those of any jurisdiction, government, or political
subdivision similar to Section 1542 (“similar provision”) in effect as of the signing of this Release, and as a result, may not invoke the benefits of Section 1542 or any similar provision in order to prosecute or assert
in any manner any claims that are released under this Release. Section 1542 provides as follows: 

  
 B-1 

 
“A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must
have materially affected his or her settlement with the debtor.” 
 Notwithstanding any provision of this Release to the contrary, by
executing this Release, I am not releasing (i) any claims relating to my rights under Section 9 of my Employment Agreement, (ii) any claims that cannot be waived by law, or (iii) my right of indemnification as provided by, and in accordance
with the terms of, the Company’s by-laws, California law, or a Company insurance policy providing such coverage, as any of such may be amended from time to time. 

I expressly acknowledge and agree that I - 

Am able to read the language, and understand the meaning and effect, of this Release; 

 

	 	•	 	 Have no physical or mental impairment of any kind that has interfered with my ability to read and understand the
meaning of this Release or its terms, and that I am not acting under the influence of any medication, drug, or chemical of any type in entering into this Release; 

 

	 	•	 	 Am specifically agreeing to the terms of the release contained in this Release because the Company has agreed to
pay me the Severance Benefits in consideration for my agreement to accept it in full settlement of all possible claims I might have or ever have had, and because of my execution of this Release; 

 

	 	•	 	 Acknowledge that, but for my execution of this Release, I would not be entitled to the Severance Benefits;

  

	 	•	 	 Understand that, by entering into this Release, I do not waive rights or claims under ADEA that may arise after
the date I execute this Release; 

  

	 	•	 	 Had or could have had [twenty-one (21 )][forty-five ( 45)]1 days from the date of my termination of employment (the “Release Expiration Date”) in which to review and consider this Release, and that if I execute this Release prior to the
Release Expiration Date, I have voluntarily and knowingly waived the remainder of the review period; 

  

	 	•	 	 Have not relied upon any representation or statement not set forth in this Release or my Employment Agreement
made by the Company or any of its representatives; 

  

	 	•	 	 Was advised to consult with my attorney regarding the terms and effect of this Release; and

  

	 	•	 	 Have signed this Release knowingly and voluntarily . 

 
  

	1 	 To be selected based on whether applicable termination was “in connection with an exit incentive or other
employment termination program” (as such phrase is defined in the Age Discrimination in Employment Act of 1967). 

  
 B-2 

 I represent and warrant that I have not previously filed, and to the maximum extent
permitted by law agree that I will not file, a complaint, charge, or lawsuit against any member of the Group regarding any of the claims released herein. If, notwithstanding this representation and warranty, I have filed or file such a complaint,
charge, or lawsuit, I agree that I shall cause such complaint, charge, or lawsuit to be dismissed with prejudice and shall pay any and all costs required in obtaining dismissal of such complaint, charge, or lawsuit, including without limitation the
attorneys’ fees of any member of the Group against whom I have filed such a complaint, charge, or lawsuit. This paragraph shall not apply, however, to a claim of age discrimination under ADEA or to any non-waivable right to file a charge with
the United States Equal Employment Opportunity Commission (the “EEOC”); provided, however, that if the EEOC were to pursue any claims relating to my employment with Company, I agree that I shall not be entitled to recover any
monetary damages or any other remedies or benefits as a result and that this Release and Section 8 of my Employment Agreement will control as the exclusive remedy and full settlement of all such claims by me. 

I hereby agree to waive any and all claims to re-employment with the Company or any other member of
the Company Group and affirmatively agree not to seek further employment with the Company or any other member of the Company Group. 

Notwithstanding anything contained herein to the contrary, this Release will not become effective or enforceable prior to the expiration of
the period of seven (7) calendar days following the date of its execution by me (the “Revocation Period”), during which time I may revoke my acceptance of this Release by notifying the Company and the Board of Directors of the
Company, in writing, delivered to the Company at its principal executive office, marked for the attention of its Chief Executive Officer. To be effective, such revocation must be received by the Company no later than 11:59 p.m. on the seventh (7th) calendar day following the execution of this Release. Provided that the Release is executed and I do not revoke it during the Revocation Period, the eighth (8th) day following the date on which this Release is executed shall be its effective date. I acknowledge and agree that if I revoke this Release during the Revocation Period, this Release will be null
and void and of no effect, and neither the Company nor any other member of the Company Group will have any obligations to pay me the Severance Benefits. 

Notwithstanding anything in this Release, my Employment Agreement or in any other agreement between me and any member of the Group, or in any
Company code of conduct, employee manual, confidentiality policy or similar document, I am aware that I have the right to: 
  

	 	•	 	 report possible violations of state or federal law or regulation that have occurred, are occurring, or are about
to occur to any governmental agency or entity, or self-regulatory organization; 

  

	 	•	 	 cooperate voluntarily with, or respond to any inquiry from, or provide testimony before any self-regulatory
organization or any other federal, state or local regulatory or law enforcement authority; 

  

	 	•	 	 make reports or disclosures to law enforcement or a regulatory authority without prior notice to, or
authorization from, the Company; and 

  

	 	•	 	 respond truthfully to a valid subpoena.     

  
 B-3 

 In addition, I am aware that: 

 

	 	•	 	 (i) I have the right to not be retaliated against for reporting, either internally to the Company or to any
governmental agency or entity or self-regulatory organization, information which I reasonably believe relates to a possible violation of law, (ii) it is a violation of federal law to retaliate against anyone who has reported such potential
misconduct either internally or to any governmental agency or entity or self-regulatory organization (retaliatory conduct includes discharge, demotion, suspension, threats, harassment, and any other manner of discrimination in the terms and
conditions of employment because of any lawful act I may have performed) and (iii) it is unlawful for the Company to retaliate against me for reporting possible misconduct either internally or to any governmental agency or entity, or
self-regulatory organization; 

  

	 	•	 	 notwithstanding anything contained in this Release or otherwise, I may, to the extent contemplated by my
Confidentiality, Non- Interference, and Invention Assignment Agreement dated [•], with AssetMark Financial Holdings, Inc., disclose confidential Company information, including the existence and terms of
any confidential agreements between me and the Company (including employment or severance agreements), to any governmental agency or entity or self-regulatory organization; 

 

	 	•	 	 the Company cannot require me to withdraw reports or filings alleging possible violations of federal, state or
local law or regulation, and may not offer me any kind of inducement, including payment, to do so; 

  

	 	•	 	 my rights and remedies as a whistleblower protected under applicable whistleblower laws, including a monetary
award, if any, may not be waived by any agreement, policy, form, or condition of employment, including by a predispute arbitration agreement; and 

  

	 	•	 	 even if I have participated in a possible violation of law, I may be eligible to participate in the
confidentiality and retaliation protections afforded under applicable whistleblower laws, and may also be eligible to receive an award under such laws. 

The provisions of this Release shall be binding upon my heirs, executors, administrators, legal personal representatives, and assigns. If any
provision of this Release shall be held by any court of competent jurisdiction to be illegal, void, or unenforceable, such provision shall be of no force or effect. The illegality or unenforceability of such provision, however, shall have no effect
upon and shall not impair the enforceability of any other provision of this Release. 
 EXCEPT WHERE PREEMPTED BY FEDERAL LAW, THE VALIDITY,
INTERPRETATION, CONSTRUCTION, AND PERFORMANCE OF THIS RELEASE IS GOVERNED BY AND IS TO BE CONSTRUED UNDER THE LAWS OF THE STATE OF COLORADO APPLICABLE TO AGREEMENTS MADE AND TO BE PERFORMED IN THAT STATE, WITHOUT REGARD TO CONFLICT OF LAWS RULES.
FURTHER, I HEREBY WAIVE ANY RIGHT TO TRIAL BY JURY IN CONNECTION WITH ANY SUIT, ACTION, OR PROCEEDING UNDER OR IN CONNECTION WITH THIS RELEASE. 

  
 B-4 

 Capitalized terms used, but not defined herein, shall have the meanings ascribed to such
terms in my Employment Agreement. 
  

	
	 /s/ [•]

	[•]
	Date: [•]

  
 B-5EX-10.15

 Exhibit 10.15 
 

 
 July 30, 2014 
 Jerry
Chafkin 
 [***] 
 Dear Mr. Chafkin: 

Congratulations! We are excited that you’ve decided to join a team of talented and enthusiastic professionals who share a vision of serving advisors who
make a difference in the lives of clients. We’re very pleased to offer you the position of Chief Investment Officer, reporting to Charles Goldman, CEO at AssetMark Financial, Inc. and look forward to you joining the team. 

 

			
	 Title:
  

Job Location:
  

Start Date:
	  	 Executive Vice President, Chief Investment Officer
  

Concord, CA
  

August 18, 2014

		
	Salary:	  	Your annual salary will be $450,000.00, which equates to a bi-weekly salary of $17,307.69. You will be paid on a bi-weekly basis.
		
	Variable Incentive Compensation:	  	 In addition to your base salary, you are eligible to participate in the Company’s Variable Incentive Compensation Program, which rewards
executives for their performance against business and individual goals. The calendar-year program typically pays out on or before March 15th in the year following the performance year.

 
 The annual Variable Incentive Compensation target for your position will be $450,000.
For 2014 (payable in early 2015), your target variable incentive compensation will be $180,000 (pro-rated 40% of your normal annual target based on your start date).

 
 Actual award amounts will vary as they are based on your individual performance as well
as the performance of the business. In addition, all VIC awards are subject to management discretion. You must be an active executive on the VIC payment date to be eligible to receive an award. Payments under this program are made at the
Company’s discretion and the Company may modify, amend or cancel the program at any time.

		
	AssetMark Equity Plan	  	You will receive an equity option grant of 150 basis points (bps) of equity in AssetMark. 50% of the equity grants are time-vested between the third and fifth anniversary of your employment and 50% are performance-vested, are
triggered by a change of control and are calculated based upon a Multiple of Invested Capital (MOIC) between 2.0x and 3.0x. See the attached illustration for possible future valuation of the grant.
		
	Company Note	  	You will be employed and paid by AssetMark Financial, Inc. (“AssetMark”) formerly known as Centurion Capital Group, Inc. (“CCGI”). All employment documents, whether referencing CCGI or AssetMark, refer to your
employment with AssetMark.

 1655 Grant Street, 10th Floor, Concord, CA 94520 

 Jerry Chafkin Offer Letter – Page 2 

 

					
		
	Hiring Bonus	  	To facilitate your family’s relocation from the east coast, you will receive a lump sum payment of $40,000, less applicable deductions and withholdings, upon acceptance of this job offer.
		
		  	If within 24 months of your start date, you voluntarily terminate your employment or are terminated for violation of Company policy, you agree to repay the Company for the full amount of the Hiring Bonus paid to you. You
authorize the Company, to the extent permitted by law, to deduct and offset any payments, including but not limited to payments of wages, bonuses, or expenses otherwise owed to you upon termination of employment. If these deductions or offsets are
insufficient, you agree to reimburse the Company for the balance.
			
		  	 

  
	  	August 7, 2014
		  	Legal Signature	  	Date
		
	Benefits:	  	We offer a variety of benefits that support our associates at different stages of their careers and lives. Usually within one week of your start date you will be able to enroll in your benefits and set up your payroll
information for direct deposit. You will have 30 days from your start date to complete your benefit enrollment.
		
	Severance:	  	In the event of termination without cause prior to the vesting of all Equity option grants (mentioned above), you will be paid a pro rated portion of your target bonus for any portion of the current bonus year worked but
not paid, plus twelve months of regular base pay ($450,000 divided over 26 pay periods) and one bonus payment ($450,000) one year from termination.
		
	Outside Activities:	  	Activities outside the normal course of work are governed by our policies and practices guidelines. You have made us aware of the following items: 1) your position as a member of the board of Venovate Holdings; 2) your
desire to manage your personal assets in a trust through an LLC; and 3) your interest in participating in a high-frequency FX-trading hedge fund (assuming ownership < 20% and you have no management
responsibilities). Our preliminary review indicates that these activities will be permitted under AssetMark’s policies, subject to potential guidelines and monitoring.
		
	Paid Time Off:	  	Paid Time Off (“PTO”) is accrued daily and is equivalent to an annualized number of 20 days per year with scheduled increases based on years of continuous service. The total number of PTO hours you will accrue
depends on the date you are hired and may be used for vacation, sick and personal business.

 To accept this offer and to ensure an effective transition to our payroll and benefits platforms please sign and return
the following documents by fax to (925) 521-2795 or to me by email by close of business within 2 business days of receipt of this offer. This offer is no longer valid if not returned
within the stated timeframe. 
 Please sign and return the following pages 

 

	 	☐	 	 This Offer Letter 

  

	 	☐	 	 Conditions of Employment Acknowledgement 

 

	 	☐	 	 PIIA (Proprietary Information and Inventions Agreement) 

 

	 	☐	 	 Conflicts of Interest Questionnaire 

 

	 	☐	 	 Arbitration Agreement 

  

	 	☐	 	 Non-Solicitation Agreement 

 Jerry Chafkin Offer Letter – Page 3 

 

 Our offer of employment is contingent upon successful completion of Assetmark’s required background
investigations, including results from fingerprint submission (if applicable to your position), as described below. Please note that we will contact your current employer immediately to verify employment history, unless you advise us to delay that
contact. Your offer of employment may be withdrawn if any component of the background investigations is unsatisfactory. 
 Individuals who work in, or with,
our Investment Adviser business entity and who have access to confidential client or business information or documents may be required, pursuant to securities regulations, to be fingerprinted, even if they will not be registered. Our compliance
department will inform you if fingerprinting is required for your position during your orientation process. 
 Our offer of employment is also contingent
upon you having or obtaining proper work authorization in the United States. 
 Carefully review the “AssetMark Financial, Inc. Accepted
Candidates’ Checklist” attached to this offer letter to ensure that you have everything you need to begin your first day at AssetMark along with the other materials in this packet. 

We look forward to you joining the team and adding value to how we serve financial advisors and their clients. Not only do we believe you will be a terrific
addition to our talented team, but we also believe this position will offer you unique opportunities to develop your career. In the interim, if you have any questions, please feel free to call me at 925-521-2790. 
 Sincerely, 
  

 
 Gary Zyla 
 EVP,
CFO & Human Resources 
 Enclosures 
 OFFER PACKET
CHECKLIST 
  

	 	1.	 AssetMark Benefits Summary 

 

	 	2.	 Code of Ethics and Business Conduct 

 

	 	3.	 Conditions of Employment Acknowledgment 

 

	 	4.	 PIIA (Proprietary Information and Inventions Agreement) 

 

	 	5.	 Conflicts of Interest Questionnaire 

 

	 	6.	 Arbitration Agreement 

 

	 	7.	 Non-Solicitation Agreement 

 

	 	8.	 I-9 List of Acceptable Documents 

 

	 	9.	 Compliance Officer Message 

 

	 	10.	 Compliance Letter – Exhibit B 

 

	 	11.	 New Hire Orientation 

I accept this offer of employment from AssetMark Financial, Inc. 
  

			
	

	  	August 7, 2014
	Legal Signature 	  	Date
		
	Jeremiah H. Chafkin	  	
	 Please print your full legal name
 (As it
appears on your Social Security Card)

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