0000106640-16-000068 Sample Contracts

Substitute of the Labour Contract and other conditions for the performance of the job of President and CEO, Embraco - LAR Compressors of Mr. João Carlos Costa Brega

Whirlpool Corp /De/ • February 16th, 2016 • Household appliances

• Company
  Whirlpool Corp /De/
• Filed
  February 16th, 2016
• Industry
  Household appliances

Whirlpool Corporation and Mr. João Carlos Costa Brega have decided and agreed to constitute this contractual agreement as substitute to the prior contract and other conditions of the performance of the job of President and CEO, Embraco - LAR Compressors.

TRANSITION AGREEMENT

Transition Agreement • February 16th, 2016 • Whirlpool Corp /De/ • Household appliances • Michigan

• Contract Type
  Transition Agreement
• Filed
  February 16th, 2016
• Company
  Whirlpool Corp /De/
• Industry
  Household appliances
• Jurisdiction
  Michigan

This Transition Agreement (the “Agreement”) is made among Whirlpool Corporation (“Whirlpool”) and Michael A. Todman, (“Mr. Todman”). In consideration of Mr. Todman’s long service and contribution to the success of Whirlpool, and the mutual promises and covenants set forth herein, the parties agree to the following terms and conditions related to Mr. Todman’s retirement from the position of Vice Chairman, effective December 31, 2015 (the “Retirement Date”).