Restrictive Covenant and Confidentiality Agreement (February 16th, 2017)
In exchange for the mutual promises and consideration set forth below, this Restrictive Covenant and Confidentiality Agreement ("Agreement") is entered into by and between the Federal Home Loan Mortgage Corporation ("Freddie Mac" or "Company") and Anil Hinduja ("Executive" or "you"), effective on the date the Executive assigns a personal signature to page 5 of this Agreement.
Date To (February 16th, 2017)
On behalf of Freddie Mac's Board of Directors (the "Board"), this memorandum sets forth Freddie Mac's agreement to employ you as its Executive Vice President and Chief Enterprise Risk Officer, effective no later than 180 days from the day you resign your current position, pursuant to the terms and conditions set forth herein. The terms and conditions set forth herein have been approved by the Board and the Federal Housing Finance Agency ("FHFA") and supersede any previous communications you may have had with Freddie Mac or FHFA.