August 31, 2007 2510 Lennox Drive Germantown, TN 38138 Re: Termination of Employment With the ServiceMaster Company Dear Mr. Cromie: Reference Is Hereby Made to Your Change in Control Severance Agreement (The Agreement) Dated as of October 31, 2001 by and Between You and the ServiceMaster Company, as Assumed by ServiceMaster Global Holdings, Inc. (Collectively, ServiceMaster). The Terms Used in This Letter and Not Otherwise Defined Herein Shall Have the Meanings Set Forth in the Agreement. (September 4th, 2007)
This letter serves as an acknowledgement by you and ServiceMaster that (i) your employment with ServiceMaster, and all offices and other positions therewith, shall terminate on August 31, 2007 (the Date of Termination), (ii) that your employment is being terminated by ServiceMaster for reasons other than Cause and (iii) that such termination will occur during the Termination Period pursuant to Sections 3(a) and 3(b) of the Agreement, other than by reason of a Nonqualifying Termination.
[Graphic] (September 17th, 2003)
This presentation contains statements concerning future results and other matters that may be deemed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company intends that these forward-looking statements, which look forward in time and include everything other than historical information, be subject to the safe harbors created by such legislation. Forward-looking statements involve risks and uncertainties that may affect the Companys results of operations, financial condition or cash flows. Factors that may cause actual results to differ materially from those expressed or implied in a forward-looking statement include the following (among others): extreme weather conditions that affect the demand for the Companys services; competition in the markets served by the Company; labor shortages or increases in wage rates; unexpected increases in operating costs, such as higher insurance, health care or fuel prices; increased regu