Primus Asset Management, Inc. 360 Madison Avenue New York, NY 10017 CONFIDENTIALPrimus Guaranty LTD • November 12th, 2010 • Security & commodity brokers, dealers, exchanges & services • New York
The purpose of this letter agreement (the “Agreement”) is to confirm the terms regarding your separation of employment from Primus Asset Management, Inc. (the “Company”). As more fully set forth below, the Company desires to provide you with certain payments and benefits in exchange for certain agreements by you. This Agreement shall become effective on the eighth (8th) day following your signing and delivering the Agreement to the Company, provided you do not revoke the Agreement as described in Section 17 below (the “Effective Date”).
TERMINATION AGREEMENTTermination Agreement • November 12th, 2010 • Primus Guaranty LTD • Security & commodity brokers, dealers, exchanges & services • New York
This Termination Agreement (the “Termination Agreement”) is made and entered into as of 27 September, 2010 by and among Primus Financial Products, LLC (“Counterparty”), Lehman Brothers Special Financing Inc. (“Lehman”) and Lehman Brothers Holdings Inc. (“Holdings”), as credit support provider of Lehman (each of the foregoing a “Party” and collectively the “Parties”).
