EX-10.3
from 10-Q
3 pages
(1) No Golden Parachute Payments. the Company Is Prohibiting Any Golden Parachute Payment to You During Any “Cpp Covered Period”. a “Cpp Covered Period” Is Any Period During Which (A) You Are a Senior Executive Officer and (B) Treasury Holds an Equity or Debt Position Acquired From the Company in the Cpp. (2) Recovery of Bonus and Incentive Compensation. Any Bonus and Incentive Compensation Paid to You During a Cpp Covered Period Is Subject to Recovery or “Clawback” by the Company if the Payments Were Based on Materially Inaccurate Financial Statements or Any Other Materially Inaccurate Performance Metric Criteria. (3) Compensation Program Amendments. Each of the Company’s Compensation, Bonus, Incentive and Other Benefit Plans, Arrangements and Agreements (Including Golden Parachute, Severance and Employment Agreements) (Collectively, “Benefit Plans”) With Respect to You Is Hereby Amended to the Extent Necessary to Give Effect to Provisions (1) and (2)
12/34/56
EX-10.2
from 8-K
7 pages
This Agreement, Dated , 2008 (The “Effective Date”) (The “Covenant Agreement”), by and Between Merrill Lynch & Co., Inc., a Delaware Corporation (The “Company” or “Merrill Lynch”), and Thomas K. Montag (The “Executive”)
12/34/56
EX-10.1
from 8-K
9 pages
We Are Pleased to Offer You the Position of Executive Vice President and Chief Administrative Officer of Merrill Lynch, Reporting to John A. Thain, Chairman and CEO. in This Position, You Will Be Responsible Globally for Merrill Lynch’s Technology, Operations, and Corporate Services. We Anticipate and You Agree That You Will Commence Employment as Soon as You Are Able Consistent With the Post-Employment Restrictions Applicable to Your Current Employment, Which We Expect You to Honor (“The Start Date”), and You Agree to Seek or Cooperate in Our Seeking a Reduction in Such Restrictions That Would Permit the Start Date to Be as Soon as Possible. However, This Offer Is Contingent on Your Ability to Commence Employment, Free of Any Restriction That Prevents Your Commencing Employment, No Later Than September 26, 2008. Compensation Salary Your Starting Salary Will Be at the Annualized Rate of $600,000 and Will Commence on Your Start Date. Incentive Compensation
12/34/56
EX-10.1
from 8-K
7 pages
December 3, 2007 Mr. Nelson Chai 3 Boxwood Lane Rye, Ny 10508 Dear Nelson, We Are Pleased to Offer You the Position of Executive Vice President and Chief Financial Officer at Merrill Lynch. Your Anticipated Start Date Is December 10, 2007 (The “Start Date”). the Terms of Our Offer Are as Follows: Compensation Your Starting Salary Will Be at the Annualized Rate of $600,000 and Will Commence on Your Start Date. Please Note That All Payments Referred to in This Offer Letter Will Be Subject to Required Withholding for Federal, State, and Local Taxes
12/34/56