Common use of Compensation Clawback Policy Clause in Contracts

Compensation Clawback Policy. Executive acknowledges and agrees that The Xxxx Disney Company Clawback Policy (the “Policy”), which sets forth terms for the potential recovery of certain incentive compensation in the event of an Accounting Restatement (as defined in the Policy), shall apply to Executive during the term of this Agreement and following the expiration or sooner termination of this Agreement, and that Executive has executed an acknowledgement of the Policy. In addition, Paragraph 8(a) is hereby amended and restated in its entirety as follows, effective as of October 20, 2023: Paragraphs 3(e) (relating to Company’s compensation clawback policy), 5 (relating to early termination of the Employment Period) 6, and 7 (relating to nondisclosure and nonsolicitation of employees) shall survive the termination hereof, whether such termination shall be by expiration of the Employment Period in accordance with Paragraph 1 or an early termination of the Employment Period pursuant to Paragraph 5 hereof. This also shall confirm that the General Release attached to the Agreement as Exhibit C shall be deleted and replaced in its entirety with the new release attached hereto and, as amended, incorporated into the Agreement by reference herein. As amended hereby, the Agreement shall continue in full force and effect in accordance with its terms. If the foregoing accurately reflects your understanding of our mutual agreement, please so indicate in the space provided below and return an executed copy hereof to us at your earliest convenience. Very truly yours, THE XXXX DISNEY COMPANY By: /s/ Xxxxxx Xxxxxxx Title: Authorized Signatory Date: December 13, 2023 ACCEPTED AND AGREED TO: /s/ Xxxxx Xxxxxxx Xxxxx X. Xxxxxxx Date: December 13, 2023 EXHIBIT C GENERAL RELEASE WHEREAS, Xxxxx X. Xxxxxxx (hereinafter referred to as "Executive") and The Xxxx Disney Company (hereinafter referred to as the “Company") are parties to an Employment Agreement, dated as of April 8, 2023 (the “Employment Agreement”), which provided for Executive’s employment with the Company on the terms and conditions specified therein; and

Compensation Clawback Policy. Executive acknowledges and agrees that The Xxxx Disney Company Clawback Policy (the “Policy”), which sets forth terms for the potential recovery of certain incentive compensation in the event of an Accounting Restatement (as defined in the Policy), shall apply to Executive during the term of this Agreement and following the expiration or sooner termination of this Agreement, and that Executive has executed an acknowledgement of the Policy. In addition, Paragraph 8(a) is hereby amended and restated in its entirety as follows, effective as of October 20, 2023: Paragraphs 3(e3(f) (relating to Company’s compensation clawback policy), 5 (relating to early termination of the Employment Period) 6, and 7 (relating to nondisclosure and nonsolicitation of employees) shall survive the termination hereof, whether such termination shall be by expiration of the Employment Period in accordance with Paragraph 1 or an early termination of the Employment Period pursuant to Paragraph 5 hereof. This also shall confirm that the General Release attached to the Agreement as Exhibit C shall be deleted and replaced in its entirety with the new release attached hereto and, as amended, incorporated into the Agreement by reference herein. .. As amended hereby, the Agreement shall continue in full force and effect in accordance with its terms. If the foregoing accurately reflects your understanding of our mutual agreement, please so indicate in the space provided below and return an executed copy hereof to us at your earliest convenience. Very truly yours, THE XXXX DISNEY COMPANY By: /s/ Xxxxxx Xxxxx Xxxxxxx Title: Authorized Signatory Date: December 13, 2023 ACCEPTED AND AGREED TO: /s/ Xxxxx Xxxxxxx Xxxxx X. Xxxxxxxxx Xxxxxxx Xxxxxxxxx Date: December 13, 2023 EXHIBIT C GENERAL RELEASE WHEREAS, Xxxxx X. Xxxxxxx (hereinafter referred to as "Executive") and The Xxxx Disney Company (hereinafter referred to as the “Company") are parties to an Employment Agreement, dated as of April 8, 2023 (the “Employment Agreement”), which provided for Executive’s employment with the Company on the terms and conditions specified therein; andRELEASE

Compensation Clawback Policy. Executive acknowledges and agrees that The Xxxx Disney Company Clawback Policy (the “Policy”), which sets forth terms for the potential recovery of certain incentive compensation in the event of an Accounting Restatement (as defined in the Policy), shall apply to Executive during the term of this Agreement and following the expiration or sooner termination of this Agreement, and that Executive has executed an acknowledgement of the Policy. In addition, Paragraph 8(a) is hereby amended and restated in its entirety as follows, effective as of October 20December 4, 2023: Paragraphs 3(e3(f) (relating to Company’s compensation clawback policy), 5 (relating to early termination of the Employment Period) 6, and 7 (relating to nondisclosure and nonsolicitation of employees) shall survive the termination hereof, whether such termination shall be by expiration of the Employment Period in accordance with Paragraph 1 or an early termination of the Employment Period pursuant to Paragraph 5 hereof. This also shall confirm that the General Release attached to the Agreement as Exhibit C shall be deleted and replaced in its entirety with the new release attached hereto and, as amended, incorporated into the Agreement by reference herein. As amended hereby, the Agreement shall continue in full force and effect in accordance with its terms. If the foregoing accurately reflects your understanding of our mutual agreement, please so indicate in the space provided below and return an executed copy hereof to us at your earliest convenience. Very truly yours, THE XXXX DISNEY COMPANY By: /s/ Xxxxxx Xxxxx Xxxxxxx Title: Authorized Signatory Date: December 1315, 2023 ACCEPTED AND AGREED TO: /s/ Xxxxx Xxxxxxx Xxxxx Xxxx X. Xxxxxxx Xxxxxxxx Xxxx X. Xxxxxxxx Date: December 1315, 2023 EXHIBIT C GENERAL RELEASE WHEREAS, Xxxxx X. Xxxxxxx (hereinafter referred to as "Executive") and The Xxxx Disney Company (hereinafter referred to as the “Company") are parties to an Employment Agreement, dated as of April 8, 2023 (the “Employment Agreement”), which provided for Executive’s employment with the Company on the terms and conditions specified therein; and2023

Compensation Clawback Policy. Executive acknowledges and agrees that The Xxxx Disney Company Clawback Policy (the “Policy”), which sets forth terms for the potential recovery of certain incentive compensation in the event of an Accounting Restatement (as defined in the Policy), shall apply to Executive during the term of this Agreement and following the expiration or sooner termination of this Agreement, and that Executive has executed an acknowledgement of the Policy. In addition, Paragraph 8(a) is hereby amended and restated in its entirety as follows, effective as of October 20December 4, 2023: Paragraphs 3(e3(d) (relating to Company’s compensation clawback policy), 5 (relating to early termination of the Employment Period) 6, and 7 (relating to nondisclosure and nonsolicitation of employees) shall survive the termination hereof, whether such termination shall be by expiration of the Employment Period in accordance with Paragraph 1 or an early termination of the Employment Period pursuant to Paragraph 5 hereof. This also shall confirm that the General Release attached to the Agreement as Exhibit C B shall be deleted and replaced in its entirety with the new release attached hereto and, as amended, incorporated into the Agreement by reference herein. As amended hereby, the Agreement shall continue in full force and effect in accordance with its terms. If the foregoing accurately reflects your understanding of our mutual agreement, please so indicate in the space provided below and return an executed copy hereof to us at your earliest convenience. Very truly yours, THE XXXX DISNEY COMPANY By: /s/ Xxxxxx Xxxxx Xxxxxxx Title: Authorized Signatory Date: December 1315, 2023 ACCEPTED AND AGREED TO: /s/ Xxxxx Xxxxxxx Xxxxx Xxxxxx X. Xxxxxxx Xxxx Xxxxxx X. Xxxx Date: December 1315, 2023 EXHIBIT C B GENERAL RELEASE WHEREAS, Xxxxx X. Xxxxxxx (hereinafter referred to as "Executive") and The Xxxx Disney Company (hereinafter referred to as the “Company") are parties to an Employment Agreement, dated as of April 8, 2023 (the “Employment Agreement”), which provided for Executive’s employment with the Company on the terms and conditions specified therein; andRELEASE

Compensation Clawback Policy. Executive acknowledges and agrees that The Xxxx Disney Company Clawback Policy (the “Policy”), which sets forth terms for the potential recovery of certain incentive compensation in the event of an Accounting Restatement (as defined in the Policy), shall apply to Executive during the term of this Agreement and following the expiration or sooner termination of this Agreement, and that Executive has executed an acknowledgement of the Policy. In addition, Paragraph 8(a) is hereby amended and restated in its entirety as follows, effective as of October 2022, 2023: Paragraphs 3(e) (relating to Company’s compensation clawback policy), 5 (relating to early termination of the Employment Period) 6, and 7 (relating to nondisclosure and nonsolicitation of employees) shall survive the termination hereof, whether such termination shall be by expiration of the Employment Period in accordance with Paragraph 1 or an early termination of the Employment Period pursuant to Paragraph 5 hereof. This also shall confirm that the General Release attached to the Agreement as Exhibit C shall be deleted and replaced in its entirety with the new release attached hereto and, as amended, incorporated into the Agreement by reference herein. As amended hereby, the Agreement shall continue in full force and effect in accordance with its terms. If the foregoing accurately reflects your understanding of our mutual agreement, please so indicate in the space provided below and return an executed copy hereof to us at your earliest convenience. Very truly yours, THE XXXX DISNEY COMPANY By: /s/ Xxxxxx Xxxxx Xxxxxxx Title: Authorized Signatory Date: December 13, 2023 ACCEPTED AND AGREED TO: /s/ Xxxxx Xxxxxxx Xxxxx Xxxxxxxx Xxxxxx Xxxxxxxx X. Xxxxxxx Xxxxxx Date: December 13, 2023 EXHIBIT C GENERAL RELEASE WHEREAS, Xxxxx X. Xxxxxxx (hereinafter referred to as "Executive") and The Xxxx Disney Company (hereinafter referred to as the “Company") are parties to an Employment Agreement, dated as of April 8, 2023 (the “Employment Agreement”), which provided for Executive’s employment with the Company on the terms and conditions specified therein; andRELEASE