0000950123-10-045634 Sample Contracts

SLM Corporation 2009-2012 Incentive Plan Stock Option Agreement Net-Settled, Time Vested Options — 2010
Stock Option Agreement • May 6th, 2010 • SLM Corp • Personal credit institutions • Delaware
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EMPLOYMENT AGREEMENT
Employment Agreement • May 6th, 2010 • SLM Corp • Personal credit institutions

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made as of the 27th day of March, 2009, by and between Joseph A. DePaulo, Jr. (“Executive”) and Sallie Mae, Inc., a Delaware corporation (the “Company”).

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