THIRD AMENDMENT TO EMPLOYMENT OFFER LETTER FOR THOMAS J. MCINERNEYAltaba Inc. • November 18th, 2021 • California
This third amendment (the “Amendment”) is effective as of November 17, 2021 and amends that certain employment offer letter, dated March 10, 2017 (the “Offer Letter”), and as amended on April 2, 2019 and December 3, 2020, between Altaba Inc. (the “Company”) and Thomas J. McInerney (“Executive”). Capitalized terms used in this Amendment that are not otherwise defined shall have the meaning ascribed to them in the Offer Letter.
FORM OF SEPARATION AGREEMENT AND RELEASESeparation Agreement • November 18th, 2021 • Altaba Inc.
If you (i) sign and comply with all terms of this separation agreement (the “Agreement”), which contains a release of claims, (ii) return your signed Agreement to Altaba Inc. (the “Company”) within 21 days of your Separation Date (defined below) and (iii) do not revoke the Agreement within seven (7) calendar days after signing it (collectively these are the “Agreement Eligibility Requirements”), then the Company will provide you with the benefits and severance described in that certain employment offer letter between you and the Company, dated as of March 10, 2017, and as amended (the “Offer Letter”). Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Offer Letter. If you do not meet or comply with the Agreement Eligibility Requirements or you engage in Cause, you will not be eligible for the benefits and severance described in this Agreement.
Alexi Wellman Re: Amended and Restated Offer Letter Dear Alexi:Altaba Inc. • November 18th, 2021 • California
