Document:

EX-4.10

 Exhibit 4.10 

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), NEW YORK, NEW
YORK, TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY
PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 
 TRANSFERS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO
NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE INDENTURE REFERRED TO ON THE REVERSE
HEREOF. 
  

			
	No.             	  	$            
		
	CUSIP No: 92343V GN8	  	
	ISIN No: US92343VGN82	  	

 Verizon Communications Inc. 

2.355% Notes due 2032 
 Verizon Communications
Inc., a corporation duly organized and existing under the laws of the State of Delaware (the “Company”), for value received, hereby promises to pay to Cede & Co., or registered assigns, the principal sum of
             Dollars ($            ) on March 15, 2032, and to pay interest on said principal sum from
March 15, 2022, or from the most recent interest payment date to which interest has been paid or duly provided for, semiannually in arrears on March 15 and September 15 in each year, commencing September 15, 2022, at the rate of
2.355% per annum until the principal hereof shall have become due and payable, and on any overdue principal and (to the extent that payment of such interest is enforceable under applicable law) on any overdue installment of interest at the same rate
per annum. 
 The interest installment so payable, and punctually paid or duly provided for, on any interest payment date will, as provided in the Indenture
hereinafter referred to, be paid to the person in whose name this Debt Security (or one or more Predecessor Securities, as defined in said Indenture) is registered at the close of business on the regular record date for such interest installment,
which shall be the March 1 or September 1, as the case may be (whether or not a Business Day), next preceding such interest payment date. However, interest that the Company pays on the maturity date shall be payable to the person to whom
the principal hereof shall be payable. Any such interest installment not so punctually paid or duly provided for shall forthwith cease to be payable to the registered holder on such regular record date, and may be 

  
 1 

 paid to the person in whose name this Debt Security (or one or more Predecessor Securities) is registered at
the close of business on a special record date to be fixed by the Trustee for the payment of such defaulted interest, notice whereof shall be given to the registered holders of this series of Debt Securities as provided in the Indenture, or may be
paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Debt Securities may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the
Indenture. If interest or principal is payable on a day that is not a Business Day, such payment shall be made on the next succeeding Business Day, as if made on the date such payment was due, and no interest shall accrue on such payment for the
period from and after such due date to the date of such payment on the next succeeding Business Day. The principal of and the interest on this Debt Security shall be payable at the office or agency of the Company maintained for that purpose in the
City of New York, State of New York, in any coin or currency of the United States of America which at the time of payment is legal tender for payment of public and private debts; provided, however, that payment of interest may be made at the option
of the Company by check mailed to the registered holder at such address as shall appear in the Security Register. 
 This Debt Security shall not be
entitled to any benefit under the Indenture, or be valid or become obligatory for any purpose, until the Certificate of Authentication hereon shall have been signed by or on behalf of the Trustee. 

As used herein, “Business Day” means any day, other than a Saturday or a Sunday, that is neither a legal holiday nor a day on which commercial banks
are authorized or required by law, regulation or executive order to close in the City of New York, State of New York. 
 The provisions of this Debt
Security are continued on the reverse side hereof, and such continued provisions shall for all purposes have the same effect as though fully set forth at this place. 

  
 2 

 IN WITNESS WHEREOF, the Company has caused this instrument to be executed. 

 
  

							
	Dated:	 		 	VERIZON COMMUNICATIONS INC.
				
		 		 	By:	 	  

		 		 	Name:	 	Scott Krohn
		 		 	Title:	 	Senior Vice President and Treasurer

  
 3 

 CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated herein referred to in the within-mentioned Indenture. 

U.S. Bank National Association 
 as
Trustee, Authenticating Agent and 
 Security Registrar 
  

							
		  	By	  	  
	  	
		  		  	Authorized Signatory	  	

 Dated:     

  
 4 

 (FORM OF REVERSE OF DEBT SECURITY) 

This Debt Security is one of a duly authorized series of Securities of the Company, all issued or to be issued in one or more series under and pursuant to an
Indenture dated as of December 1, 2000, duly executed and delivered by the Company (as successor in interest to Verizon Global Funding Corp.) and U.S. Bank National Association (as successor to Wachovia Bank, National Association, formerly
known as First Union National Bank), as trustee (the “Trustee”), as amended and supplemented (the “Indenture”), to which Indenture reference is hereby made for a description of the rights, limitation of rights, obligations,
duties and immunities thereunder of the Trustee, the Company and the holders of the Securities. By the terms of the Indenture, the Securities are issuable in series which may vary as to amount, date of maturity, rate of interest and in other
respects as in the Indenture provided. This Debt Security is one of the series designated on the face hereof (the “Debt Securities”) unlimited in aggregate principal amount. 

Beneficial interests in this global Debt Security may be held in minimum denominations of $2,000 and integral multiples of $1,000 in excess of $2,000. This
global Debt Security shall be exchangeable for Debt Securities in definitive form registered in the names of persons other than the Depository or its nominee only if (i) the Depository notifies the Company that it is unwilling or unable to
continue as the Depository or if at any time such Depository is no longer registered as a clearing agency or in good standing under the Securities Exchange Act of 1934, as amended, or other applicable statute and a successor depository is not
appointed by the Company within 90 days or (ii) the Company executes and delivers to the Trustee an Officers’ Certificate that this global Debt Security shall be so exchangeable. To the extent that this global Debt Security is exchangeable
pursuant to the preceding sentence, it shall be exchangeable for Debt Securities registered in such names as the Depository shall direct. Debt Securities represented by this global Debt Security that may be exchanged for Debt Securities in
definitive form under the circumstances described in this paragraph will be exchangeable only for Debt Securities in definitive form issued in minimum denominations of $2,000 and integral multiples of $1,000 in excess of $2,000. Notwithstanding any
other provision herein, this global Debt Security may not be transferred except as a whole by the Depository to a successor or to a nominee of such Depository or its successor or by a nominee of such Depository to such Depository or its successor or
to another nominee of such Depository or its successor. 
 In case an Event of Default with respect to the Debt Securities shall have occurred and be
continuing, the principal of all of the Debt Securities may be declared, and upon such declaration shall become, due and payable, in the manner, with the effect and subject to the conditions provided in the Indenture. 

The Indenture contains provisions permitting the Company and the Trustee, with the consent of the holders of not less than a majority in aggregate principal
amount of the Securities of each series affected at the time outstanding, as defined in the Indenture, to execute supplemental indentures for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of
the Indenture or of any supplemental indenture or of modifying in any manner the rights of the holders of the Securities; provided, however, that no such supplemental indenture shall, among other things, (i) extend the fixed maturity of any
Securities of any series, or reduce the principal amount thereof, or reduce the rate or extend the time of payment of interest thereon, or reduce any premium payable upon the redemption thereof, without the 

  
 5 

 consent of the holder of each Debt Security so affected or (ii) reduce the aforesaid percentage of Debt
Securities, the holders of which are required to consent to any such supplemental indenture, without the consent of the holders of each Debt Security then outstanding and affected thereby. The Indenture also contains provisions permitting the
holders of a majority in aggregate principal amount of the Securities of any series at the time outstanding, on behalf of the holders of Securities of such series, to waive any past default in the performance of any of the covenants contained in the
Indenture, or established pursuant to the Indenture with respect to such series, and its consequences, except a default in the payment of the principal of, or premium, if any, or interest on any of the Securities of such series. Any such consent or
waiver by the registered holder of this Debt Security (unless revoked as provided in the Indenture) shall be conclusive and binding upon such holder and upon all future holders and owners of this Debt Security and of any Debt Security issued in
exchange herefor or in place hereof (whether by registration of transfer or otherwise), irrespective of whether or not any notation of such consent or waiver is made upon this Debt Security. 

No reference herein to the Indenture and no provision of this Debt Security or of the Indenture shall alter or impair the obligation of the Company, which is
absolute and unconditional, to pay the principal of and interest on this Debt Security at the times and place and at the rate and in the money herein prescribed. 

The Debt Securities are issuable as registered Debt Securities without coupons. 

The Debt Securities shall be in minimum denominations of $2,000 and integral multiples of $1,000 in excess of $2,000. Debt Securities may be exchanged, upon
presentation thereof for that purpose, at the office or agency of the Company in the City of New York, State of New York, for other Debt Securities of authorized denominations, and for a like aggregate principal amount and series, and upon payment
of a sum sufficient to cover any tax or other governmental charge in relation thereto. 
 The Debt Securities may be redeemed on not less than 10 nor more
than 60 days’ prior notice given as provided in the Indenture, in whole or from time to time in part, at the option of the Company, (i) at any time prior to December 15, 2031 (three months prior to maturity), at a redemption price
equal to the greater of (x) 100% of the principal amount of the Debt Securities being redeemed, or (y) the sum of the present values of the remaining scheduled payments of principal and interest on the Debt Securities being redeemed (exclusive
of interest accrued to the date of redemption), assuming for such purpose that such Debt Securities matured on December 15, 2031, discounted to the date of redemption on a semiannual basis (assuming a
360-day year consisting of twelve 30-day months) at the Treasury Rate plus 15 basis points, and (ii) at any time on or after December 15, 2031 (three months
prior to maturity), at a redemption price equal to 100% of the principal amount of the Debt Securities being redeemed, plus, in either case, accrued and unpaid interest on the principal amount of the Debt Securities being redeemed to, but excluding,
the date of redemption. 
 “Treasury Rate” means, with respect to any date of redemption: (i) the yield, which represents the average for the
immediately preceding week, computed using the latest available daily yield data for such week contained in the statistical release published by the Board of Governors of the Federal Reserve System designated as “Selected Interest Rates (Daily)
H.15” or any successor 

  
 6 

 publication or data set which is published or otherwise made available by the Board of Governors of the
Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption “Treasury constant maturities,” for the maturity corresponding to the Comparable
Treasury Issue (if no maturity is within three months before or after the Remaining Life, yields for the two published maturities most closely corresponding to the Comparable Treasury Issue shall be determined and the Treasury Rate will be
interpolated or extrapolated from those yields on a straight-line basis, rounding to the nearest month), or 
 (ii) if that release (or any successor
release) is not published during the week preceding the calculation date or does not contain those yields, the rate per annum equal to the semiannual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the
Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for the date of redemption. The Treasury Rate shall be calculated on the third Business Day preceding the redemption date. 

“Comparable Treasury Issue” means the United States Treasury security selected by the Independent Investment Banker in accordance with customary
financial practice as having a maturity, at the time of selection, comparable to the remaining term to December 15, 2031 (the “Remaining Life”) of the Debt Securities being redeemed. 

“Comparable Treasury Price” means (i) the average of three Reference Treasury Dealer Quotations for such redemption date, or (ii) if the
Independent Investment Banker is unable to obtain three such Reference Treasury Dealer Quotations, the average of all such quotations obtained. 

“Independent Investment Banker” means an independent investment banking or commercial banking institution of national standing appointed by the
Company. 
 “Reference Treasury Dealer” means (i) any independent investment banking or commercial banking institution of national standing
appointed by the Company and any of its successors; provided, however, that if any of the foregoing shall cease to be a primary U.S. Government securities dealer in the United States (a “Primary Treasury Dealer”), the Company shall
substitute therefor another Primary Treasury Dealer, and (ii) any other Primary Treasury Dealer selected by the Independent Investment Banker and approved in writing by the Company. 

“Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any redemption date, the average, as determined by
the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker at 3:30 p.m., New York City
time, on the third Business Day preceding such redemption date. In the event of redemption of this Debt Security in part only, a new Debt Security of like tenor for the unredeemed portion hereof and otherwise having the same terms as this Debt
Security shall be issued in the name of the holder hereof upon the presentation and surrender hereof. 
 As provided in the Indenture and subject to certain
limitations therein set forth, this Debt Security is transferable by the registered holder hereof on the Security Register of the Company, 

  
 7 

 upon surrender of this Debt Security for registration of transfer at the office or agency of the Company in
the City of New York, State of New York, accompanied by a written instrument or instruments of transfer in form satisfactory to the Company or the Security Registrar duly executed by the registered holder hereof or his attorney duly authorized in
writing, and thereupon one or more new Debt Securities of authorized denominations and for the same aggregate principal amount and series will be issued to the designated transferee or transferees. No service charge will be made for any such
transfer, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in relation thereto. 
 Prior to due
presentment for registration of transfer of this Debt Security, the Company, the Trustee, any Paying Agent and any Security Registrar for the Debt Securities may deem and treat the registered holder hereof as the absolute owner hereof (whether or
not this Debt Security shall be overdue and notwithstanding any notice of ownership or writing hereon made by anyone other than the Security Registrar for the Debt Securities) for the purpose of receiving payment of or on account of the principal
hereof and (subject to Section 310 of the Indenture) interest due hereon and for all other purposes, and neither the Company nor the Trustee nor any Paying Agent nor any Security Registrar for the Debt Securities shall be affected by any notice
to the contrary. 
 No recourse shall be had for the payment of the principal of, or the interest on, this Debt Security, or for any claim based hereon, or
otherwise in respect hereof, or based on or in respect of the Indenture, against any incorporator, stockholder, officer or director, past, present or future, as such, of the Company or of any predecessor or successor corporation, whether by virtue
of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise, all such liability being, by the acceptance hereof and as part of the consideration for the issuance hereof, expressly waived and released.

 The Depository by acceptance of this global Debt Security agrees that it will not sell, assign, transfer or otherwise convey any beneficial interest in
this global Debt Security unless such beneficial interest is in an amount equal to an authorized denomination for Debt Securities of this series. 

Capitalized terms used herein and not otherwise defined herein shall have the respective meanings set forth in the Indenture. 

  
 8Exhibit
10.1

 

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    Aldine Westfield

    Houston,
    Texas 77073, USA
	

 

Notification Date:
January 10, 2022

 

Notice to Employee:
This is a legal document. You are advised to consult with an attorney prior to signing this Agreement.

 

SEPARATION
AGREEMENT & RELEASE

 

This
is an Agreement between Baker Hughes Company (“Company”) and Uwem Ukpong, SSO: [REDACTED] (the “Employee”).

 

		1.	Separation
                                            Date and Consideration/Other Payments.

 

		a.	Separation
                                            Date. The Employee’s employment with the Company will end on January 31, 2022
                                            (the “Separation Date”). Until the Separation Date, the Company will pay
                                            the Employee’s regular salary and benefits and the Employee will continue to perform
                                            Employee’s regular duties or other duties as assigned by Employee’s manager,
                                            if required.

 

		b.	Consideration.
                                            In consideration for Employee signing and delivering
                                            this Agreement, the Company agrees to pay Employee, subject to any necessary board approvals,
                                            the following described consideration six months following the Separation Date, so long as
                                            Employee signs and does not revoke this Agreement during the revocation period described
                                            in paragraph 2(c). The Company agrees to pay to Employee the gross sum of Seven Hundred
                                            Eighty Thousand Dollars ($780,000.00) USD, less all applicable deductions, voluntary
                                            and statutory withholdings.

 

For the
avoidance of doubt, Employee will not be entitled to severance benefits under the Baker Hughes Company Executive Severance Program or
under any other program or agreement.

 

		c.	Long-Term
                                            Incentives. Long-term incentive awards previously granted under Baker Hughes shall be
                                            governed by the terms of the applicable award agreements and the applicable long-term incentive
                                            programs.

 

		2.	Employee
                                            Acknowledgments and Representations. The Employee acknowledges, represents and agrees:

 

		a.	Receipt
                                            of Wages and Benefits. Except as stated above, Employee agrees that Employee has received
                                            all wages and compensation, including but not limited to overtime compensation, due to the
                                            Employee. Employee is not entitled to any other payments of any kind, including to the payments
                                            and benefits Employee is receiving under this Agreement, except as a result of the Employee’s
                                            agreement to the terms herein. Employee agrees that those payments and benefits are sufficient
                                            consideration for this Agreement.

 

		b.	Taxes
                                            & Withholdings. All payments and benefits received under this Agreement are subject
                                            to applicable taxes and withholdings.

 

     

     

    

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		c.	Time
                                            to Review & Revoke. The Employee has 21 days to consider this Agreement, and Employee’s
                                            waiver of rights under the Age Discrimination in Employment Act, as amended, before signing
                                            it. Employee can revoke this Agreement within 7 days after signing it by sending written
                                            notice of that revocation to the Company’s Chief Human Resources Officer (the day following
                                            this revocation period is the “Effective Date” of this Agreement). Employee also
                                            agrees that Employee has had the opportunity to consult with an attorney of Employee’s
                                            choice before signing it.

 

		d.	Disclosure
                                            of Past and Present Claims. The
                                            Employee is not aware of (or has already disclosed to the Company) any information Employee
                                            has or knows about conduct by the Company or any of the Releasees that Employee has any reason
                                            to believe violates or may violate any domestic or foreign law or regulation or Company policy,
                                            or involves or may involve false claims to the United States. 

 

		e.	Alternative
                                            Dispute Resolution. The Employee agrees that Employee’s agreement to Solutions
                                            or any applicable prior internal Company alternative dispute resolution process (for purposes
                                            of this Agreement collectively called “Company ADR”) remains in effect. Employee
                                            further agrees to submit to the Company ADR any claims not released by this Agreement and
                                            covered by the Company ADR, or any claims that arise after the date the Employee signs this
                                            Agreement, to the maximum extent permitted by law, including but not limited to, disputes
                                            about the Agreement itself. The Employee understands Employee is giving up the right to a
                                            jury trial for such claims and that all such claims submitted to final and binding arbitration
                                            pursuant to the Company ADR will be decided solely by an arbitrator. Employee may ask Employee’s
                                            Company HRM for another copy of the Company ADR process.

 

		f.	Company’s
                                            Reliance on Employee Representations. The Employee understands that the Company is relying
                                            on the Employee’s representations and obligations contained in this Agreement, including
                                            but not limited to Employee’s Release of Claims.

 

		g.	Existing
                                            Restrictive Covenants. Employee agrees that any existing Non- Competition and/or Non-Solicitation
                                            agreements to which Employee is a party shall continue in full force and effect. 

 

		3.	Confidentiality.
                                            Unless compelled by law to do so, the Employee has not and will not, disclose the fact of,
                                            terms and conditions of, or amounts in this Agreement to anyone other than Employee’s
                                            spouse, legal or financial advisor, or U.S. governmental officials who seek such information
                                            as part of their official duties. If a third-party requests or demands that the Employee
                                            disclose or produce this Agreement or any terms or conditions in it, the Employee will not
                                            take any action related to such request or subpoena without first notifying the Company and
                                            giving it a reasonable opportunity to respond. Except to the extent otherwise required by
                                            law, the Company shall confer with Employee regarding any public disclosure, including, without
                                            limitation, any statement to the media or filing with the SEC or internal disclosure to a
                                            broad audience, concerning this Agreement or Employee’s employment with or separation
                                            from the Company, and shall provide a copy of any such disclosure to the Employee prior to
                                            making such disclosure.

 

		4.	Release
                                            of Claims. In return for the consideration provided by this Agreement, the Employee,
                                            Employee’s heirs, assigns, and agents waive and release all waivable claims of any
                                            kind (whether known or unknown, and including those under the Age Discrimination in Employment
                                            Act (ADEA)) that the Employee may have against Releasees (defined below), which arise from
                                            or relate to Employee’s employment and/or the termination of Employee’s employment
                                            with the Company. The released/waived claims include, but are not limited to, any and all
                                            claims that Releasees discriminated, harassed or retaliated against the Employee on the basis
                                            of race, color, religion, national origin, sex (including pregnancy), sexual orientation,
                                            gender identity/expression, age, disability, veteran status or other characteristic or activity
                                            protected by law, violated any Company policies, procedures, covenants or express or implied
                                            contracts of any kind, violated any public policy, statutory or common law (including tort),
                                            or are in any way obligated to pay the Employee damages, expenses, costs or attorneys’
                                            fees in relation to an alleged violation of any waivable local, state or federal law,
                                            and/or the laws of any other country or jurisdiction, including but not limited to any laws
                                            and regulations of the United States. 

 

     

     

    

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    Aldine Westfield

    Houston,
    Texas 77073, USA
	

 

Releasees
include the Company, its predecessors, successors and assigns, their current and former direct and indirect parents, affiliates, subsidiaries,
divisions, and related business entities, and their current and former officers, directors, shareholders, employees, agents, representatives
and employee benefit programs (including the trustees, administrators, fiduciaries and insurers of such programs). This Release does
not waive any rights or claims that may arise after the date Employee executes this Agreement, or that cannot be lawfully released. This
Release does not modify or affect any vested benefits to which the Employee may be entitled to receive under the plans in which Employee
is vested.

 

This Release
is not intended to prevent or discourage the Employee from filing a claim or charge or participating in an investigation or proceeding
of a governmental agency, including any state or federal fair employment practices agency and law enforcement authorities, but Employee
is waiving all rights to monetary, injunctive or other personal relief that may result from that process to the maximum extent permitted
by law; provided however that this waiver shall not apply to participation in any investigation or proceeding conducted by the U.S. Securities
and Exchange Commission or other agency that precludes such a waiver.

 

The Employee
also understands that this Release does not prohibit the Employee from discussing Employee’s compensation with others; or reporting
conduct to, providing truthful information to, or participating in any investigation or proceeding conducted by any federal or state
government agency or self-regulatory organization.

 

The Employee
agrees that on or immediately after the Separation Date, Employee will execute a supplemental release (in the form of the SUPPLEMENTAL
RELEASE EXHIBIT) covering the period from the Effective Date to the Separation Date and agrees that all the covenants that relate
to the Company’s obligations on or after the Separation Date will be contingent on Employee’s execution of the Supplemental
Release.

 

		5.	Employee
                                            Availability. The Employee agrees that Employee will reasonably be available to the Company
                                            to respond to requests for information related to Employee’s employment with the Company.
                                            The Employee will fully cooperate with the Company in connection with existing or future
                                            litigation or investigations brought by or against the Company or any Releasees, whether
                                            administrative, civil or criminal in nature. The Company will reimburse the Employee for
                                            reasonable out-of pocket expenses Employee incurs as a result of such cooperation.

 

Employee
further agrees that for 90 days following his Separation Date, he will provide transition and consulting services which may include
up to twenty hours per month as required by the Company to smoothly transition Employee’s duties to his successor and/or other
employees of the Company.

 

		6.	Non-Disparagement.
                                            The Employee agrees, subject to any obligations Employee may have under applicable law, not
                                            to make or cause to be made any statements or take any actions that disparage or in any way
                                            damage the reputation of the Company or any of its affiliates, subsidiaries, agents, officers,
                                            directors or employees. The Employee understands that nothing in this paragraph prevents
                                            the Employee from disclosing statements, of any nature, regarding possible violations of
                                            law or regulation to government agencies or authorities.

 

     

     

    

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    Aldine Westfield

    Houston,
    Texas 77073, USA
	

 

		7.	Future
                                            Employment. The Company is not obligated to offer employment to the Employee (or to accept
                                            services or the performance of work from the Employee directly or indirectly) now or in the
                                            future.

 

		8.	Return of
                                            Company Property. The Employee agrees that Employee has, or will have, as of the Separation
                                            Date, returned to the Company all Company property or equipment in Employee’s possession,
                                            including but not limited to: any documents (whether in electronic or hard copy), computer,
                                            computer related hardware, external data storage or other memory device, phone, tablet, printer,
                                            scanner, credit card, keys, and security badge assigned to the Employee. The Employee agrees
                                            that as of the Separation Date Employee will have submitted the appropriate T&E expense
                                            reports for any expenses on Employee’s corporate credit card.

 

Employee
also represents that, within 15 days of the Separation Date, Employee has returned all documents and other written materials, computer
programs, and any other information of the Company or others’ confidential and proprietary information and any other items which,
by their nature, are for use of the Company’s employees only.  Employee has not provided any of the Company’s confidential
and proprietary information to any other person or entity.  Nor does any other person or entity possess any of the Company’s
confidential and proprietary information as a result of any actions or inactions by Employee.  Employee further acknowledges that
he has received no permission, either written or oral, to retain any such materials, programs, information or items. Employee further
warrants and acknowledges that Employee has not and will not have deleted or altered any documents or information that Employee was required
to retain pursuant to any document retention and/or legal hold requirements.

 

		9.	Confidential
                                            Information. The Employee acknowledges that the Employee Confidentiality and Innovation
                                            Agreement Employee signed will remain in full force and effect. The Employee understands
                                            that nothing herein prevents the Employee from disclosing a trade secret or other confidential
                                            and proprietary information of the Company (“Confidential Information”) when
                                            reporting, in confidence, potential violations of law or regulation to U.S. government authorities,
                                            including but not limited to the Department of Justice and the Securities and Exchange Commission,
                                            or to a U.S. court. The Employee represents that Employee has not and will not copy, transfer
                                            or take any of the Company’s Confidential Information to any external storage device,
                                            external personal email or disclose in any other manner without written approval by the Company’s
                                            Chief Human Resources Officer. The Company’s Confidential Information includes but
                                            is not limited to documents and data containing work product that the Employee or others
                                            prepared for the Company during Employee’s employment. Confidential Information does
                                            not include materials of a solely personal or social nature or documents that relate to Company-provided
                                            compensation or benefits received by the Employee or Employee’s dependents. If the
                                            Employee has any questions regarding what Employee can/cannot copy, transfer or take, Employee
                                            will raise those questions to Employee’s Manager or the Company’s Chief Human
                                            Resources Officer prior to signing this Agreement. If the Employee has previously copied,
                                            transferred or taken Confidential Information, Employee will tell the Company, permit the
                                            Company to retrieve such information in a forensically sound manner, and allow and/or assist
                                            the Company, or its designee, to permanently delete the data from Employee’s personal
                                            computer or other storage.

 

		10.	Non-Solicitation/Non-Compete
                                            Covenants.  Employee agrees and reaffirms that this Agreement does not, supersede,
                                            revoke, or cancel Employee’s obligations to the Company under any preexisting agreements,
                                            including but not limited to confidentiality agreement, or other agreement which set forth
                                            obligations Employee has to the Company that, consistent with the terms of those agreements,
                                            including but not limited to those covenants in documents referenced and included with the
                                            signed and accepted Offer Letter, signed by Employee on June 1, 2017.

 

     

     

    

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    Texas 77073, USA
	

 

Employee
further re-acknowledges that Employee is bound by previously existing covenants not to compete and not to solicit Customers for a period
of 12 months following the termination of employment; and covenants not to solicit employees for a period of 12 months following Employee’s
last date of employment as contained in the afore mentioned Agreements.

 

		11.	Agreement
                                            Not to Cooperate. Except to the extent prohibited by law, Employee agrees that Employee
                                            will not voluntarily cooperate in any litigation against the Company or any of the Releasees,
                                            arising out of or relating to his or her employment with the Company up to the Effective
                                            Date of this Agreement, or invite or suggest subpoenas to any proceeding against the Company
                                            or any of the Releasees, excluding cooperation with any governmental entities which is not
                                            covered by this paragraph.

 

		12.	Breach by
                                            Employee. The Company’s obligations to the Employee after the Effective Date are
                                            contingent on the Employee fulfilling Employee’s obligations under this Agreement.
                                            Employee acknowledges and agrees that any breach by the Employee of the obligations under
                                            this Agreement inevitably would cause substantial and irreparable damage to the Company and
                                            its subsidiaries, for which money damages may not be an adequate remedy.  Accordingly,
                                            Employee acknowledges and agrees that the Company will be entitled to an injunction and/or
                                            other equitable relief, without the necessity of posting security, to prevent the breach
                                            of such obligations. If the Company proves a breach in court or arbitration, the Employee
                                            shall indemnify and hold the Company harmless from any loss, claim or damages, including
                                            without limitation all reasonable attorneys’ fees, costs and expenses incurred in enforcing
                                            its rights under this Agreement as well as repay all compensation and benefits (other than
                                            those already vested) paid as consideration under the terms of this Agreement, except to
                                            the extent that such reimbursement is prohibited by law or would result in the invalidation
                                            of the release above.

 

		13.	Compliance
                                            with Section 409A of the Internal Revenue Code. This Agreement is intended to satisfy
                                            the requirements of Section 409A of the Internal Revenue Code (and any related guidance issued
                                            by the IRS or the Treasury Department), so as to avoid the imposition of any additional taxes,
                                            penalties or interest under those rules. Accordingly, the Company will modify this Agreement
                                            to the extent necessary to avoid the imposition of any such additional taxes, penalties or
                                            interest. In the unlikely event that this need arises, the Company will take reasonable efforts
                                            to provide advance notice to the Employee. All payments under this Agreement will be delayed
                                            to the extent necessary to comply with the rules in Section 409A(a)(2)(B)(i) (generally requiring
                                            a delay of six months after separation from service for certain payments made to top-50 officers
                                            determined in accordance with Company rules).

 

		14.	Severability
                                            of Provisions. If a court or arbitrator holds that any provision in this Agreement is
                                            legally invalid or unenforceable, and cannot be modified to be enforceable, the affected
                                            provision will be stricken from the Agreement and the remaining terms of the Agreement and
                                            its enforceability shall remain unaffected.

 

		15.	Benefits
                                            Plans. The Company reserves the right to terminate, amend, suspend, replace or modify
                                            any of its benefit plans and compensation programs at any time and for any reason, and the
                                            Employee will be subject to any such termination, amendment, suspension, replacement, or
                                            modification. If a plan or program is terminated, the Employee will not receive any further
                                            benefits under that plan/program, other than payment for benefits for services or coverages
                                            incurred before it was terminated. This paragraph shall not alter any vested benefits to
                                            which the Employee may be entitled under the terms of the Plans in which the Employee is
                                            vested.

 

		16.	Entire Agreement.
                                            This Agreement sets forth the entire agreement and understanding between the parties. The
                                            parties agree they have not relied on any oral statements that are not included in this Agreement.
                                            This Agreement supersedes all prior agreements and understandings concerning the subject
                                            matter of this Agreement, other than as described in this Agreement. Any modifications to
                                            this Agreement must be in writing, must reference this Agreement, and must be signed by the
                                            Employee and an authorized employee or agent of the Company.

 

     

     

    

	T
                                            + 1 713.439.8600

    17021
    Aldine Westfield

    Houston,
    Texas 77073, USA
	

 

		17.	Applicable
                                            Law. This Agreement shall be construed, interpreted and applied in accordance with the
                                            law of the State of Texas.

 

		18.	Unemployment
                                            Compensation. Nothing in this Agreement is intended to affect Employee’s ability
                                            to seek Unemployment Insurance (UI). The Company will provide accurate information in response
                                            to requests related to the Employee’s application for UI benefits regarding the terms
                                            of Employee’s separation from the Company.

 

		19.	Format.
                                            The Employee and the Company agree that a facsimile (“fax”), photographic, or
                                            electronic copy of this Agreement shall be as valid as the original.

 

I
acknowledge that I understand the above agreement includes the release of all claims. I understand that I am waiving unknown claims and
I am doing so voluntarily and intentionally.

 

	Uwem Ukpong

                                                             

     /s/ Uwem Ukpong
	 	Baker Hughes
    Company

                                                                                  

    /s/
    Regina Jones 

	Signature	 	Signature
		 	 
	SSO	 	SSO
	January 12, 2022	 	January 12, 2022
	Date	 	Date

     

     

    

	T
                                            + 1 713.439.8600

    17021
    Aldine Westfield

    Houston,
    Texas 77073, USA
	

 

SUPPLEMENTAL
RELEASE EXHIBIT

 

This
supplemental release is given by (the “Employee”) to Baker Hughes Company (the "Company") in consideration of the
covenants and promises given by the Company in the SEPARATION AGREEMENT & RELEASE
(the “Separation Agreement”) signed by Employee on ____________. 

 

In
return for the consideration provided by the Separation Agreement, the Employee, Employee’s heirs, assigns, and agents waive and
release all waivable claims of any kind (whether known or unknown, and including those under the Age Discrimination in Employment Act
(ADEA)) that the Employee may have against Releasees (defined in the Separation Agreement and below), which arise from or relate to Employee’s
employment and/or the termination of Employee’s employment with the Company. The released/waived claims include, but are not limited
to, any and all claims that Releasees discriminated, harassed or retaliated against the Employee on the basis of race, color, religion,
national origin, sex (including pregnancy), sexual orientation, age, disability, veteran status or other characteristic or activity protected
by law, violated any Company policies, procedures, covenants or express or implied contracts of any kind, violated any public policy,
statutory or common law (including tort), or are in any way obligated to pay the Employee damages, expenses, costs or attorneys’
fees in relation to an alleged violation of any waivable local, state or federal law.

 

Releasees
include the Company, its predecessors, successors and assigns, their current and former direct and indirect parents, affiliates, subsidiaries,
divisions, and related business entities, and their current and former officers, directors, shareholders, employees, agents, representatives
and employee benefit programs (including the trustees, administrators, fiduciaries and insurers of such programs). This Supplemental
Release does not waive any rights or claims that may arise after the date Employee executes this Supplemental Agreement. This Supplemental
Release does not modify or affect any vested benefits to which the Employee may be entitled under the terms of any plans in which the
Employee is vested.

 

This
Supplemental Release does not prevent the Employee from participating in an investigation or proceeding of a governmental agency, but
Employee is waiving all rights to monetary, injunctive or other personal relief that may result from that process; provided however that
this waiver shall not apply to participation in any investigation or proceeding conducted by the U.S. Securities and Exchange Commission
or other agency that precludes such a waiver. The Employee also understands that this Supplemental Release does not prohibit the Employee
from discussing Employee’s compensation with others; or reporting conduct to, providing truthful information to, or participating
in any investigation or proceeding conducted by any federal or state government agency or self-regulatory organization.

 

The Employee
represents that Employee understands the foregoing release, that rights and claims under the Age Discrimination in Employment Act of
1967, as amended, are among the rights and claims against the Company that Employee is releasing, and that Employee understands that
Employee is not releasing any rights or claims arising after the Effective Date of this Supplemental Release. The Employee shall have
seven (7) days from the date Employee signs this Supplemental Release to revoke Employee’s consent to the waiver of Employee’s
rights under the ADEA. To do so, Employee must submit a written revocation to Employee’s Company Human Resources Manager (HRM).
If the Employee revokes Employee’s consent to the waiver, all of the provisions of this Supplemental Release shall be void and
unenforceable and the Company will have no further obligations pursuant to the Separation Agreement. If Employee does not revoke Employee’s
consent, this Supplemental Release will take effect on the day after the end of the revocation period (the “Effective Date of this
Supplemental Release”).

 

Agreed
and accepted,

 

	Uwem
    Ukpong

     
	 
	 	 
	Signature	 
		 
	SSO	 
		 
	Date

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