0001193125-13-137725 Sample Contracts

Ronald Dewhurst
Legg Mason, Inc. • April 2nd, 2013 • Investment advice • Maryland
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Re: Severance Agreement and Release of Claims
Legg Mason, Inc. • April 2nd, 2013 • Investment advice • Maryland

This letter sets forth the terms pertaining to the termination of your employment by Legg Mason & Co., LLC (“Legg Mason”), effective as of March 31, 2013 (the “Separation Date”). We hope that your separation from Legg Mason can occur as smoothly as possible for you and for Legg Mason.

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