0001611110-20-000039 Sample Contracts

August 14, 2020 VIA E-MAIL John D. Fredericks Re: Terms of Separation Dear John:
Medley Management Inc. • November 16th, 2020 • Investment advice • California

This letter confirms the agreement (this “Agreement”) between you and Medley LLC (the “Company”) regarding the terms of your separation and offers you certain separation benefits in exchange for your agreement to the obligations set forth below and your other promises herein.

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