Common use of Resignation from Offices and Directorships Clause in Contracts

Resignation from Offices and Directorships. Effective as of January 2, 2017 (the "Date of Termination"), Xxxxx resigns from his position as Chief Executive Officer of the Companies, as well as from all director, officer or other positions he holds on behalf of the Companies (which for the avoidance of doubt, and in conformity with the definition of "Companies," shall include Holdings, The Hertz Corporation and all of their subsidiaries and divisions). Xxxxx agrees to sign all appropriate documentation, if any, prepared by the Companies to facilitate these resignations; provided that Xxxxx understands that such resignations are self-effectuating and are effective on the Date of Termination.

Resignation from Offices and Directorships. Effective as of January 2February 28, 2017 (the "Date of TerminationTermination Date"), Xxxxx Executive resigns from his position as Senior Executive Vice President and Chief Executive Revenue Officer of the Companies, as well as from all director, officer or other positions he holds on behalf of the Companies (which for the avoidance of doubt, and in conformity with the definition of "Companies," shall include Holdings, The Hertz Corporation and all of their subsidiaries and divisions). Xxxxx Executive agrees to sign all appropriate documentation, if any, prepared by the Companies to facilitate these resignations; provided that Xxxxx Executive understands that such resignations are self-effectuating and are effective on the Date of TerminationTermination Date.

Resignation from Offices and Directorships. Effective as of January 2October 31, 2017 (the "Date of TerminationTermination Date"), Xxxxx Executive resigns from his her position as Chief Executive Officer Vice President, North America RAC Operations of the Companies, as well as from all director, officer or other positions he she holds on behalf of the Companies (which for the avoidance of doubt, and in conformity with the definition of "Companies," shall include Holdings, The Hertz Corporation and all of their subsidiaries and divisions). Xxxxx Executive agrees to sign all appropriate documentation, if any, prepared by the Companies to facilitate these resignations; provided that Xxxxx Executive understands that such resignations are self-effectuating and are effective on the Date of TerminationTermination Date.

Resignation from Offices and Directorships. Effective as of January 2March 31, 2017 2019, (the "Date of Termination"“Resignation Date”), Xxxxx Executive resigns from his position as Chief Executive Officer Vice President, General Counsel and Secretary of the Companies, as well as from all director, officer or other positions he holds on behalf of the Companies (which for the avoidance of doubt, and in conformity with the definition of "“Companies," ” shall include Holdings, The Hertz Corporation and all of their subsidiaries and divisions). Xxxxx Executive agrees to sign all appropriate documentation, if any, prepared by the Companies to facilitate these resignations; provided that Xxxxx Executive understands that such resignations are self-effectuating and are effective on the Date of TerminationResignation Date.

Resignation from Offices and Directorships. Effective as of January 2April 19, 2017 2018 (the "Date of Termination"“Termination Date”), Xxxxx Executive resigns from his position as Executive Vice President and Chief Executive Information Officer of the Companies, as well as from all director, officer or other positions he holds on behalf of the Companies (which for the avoidance of doubt, and in conformity with the definition of "“Companies," ” shall include Holdings, The Hertz Corporation and all of their subsidiaries and divisions). Xxxxx Executive agrees to sign all appropriate documentation, if any, prepared by the Companies to facilitate these resignations; provided that Xxxxx Executive understands that such resignations are self-effectuating and are effective on the Date of TerminationTermination Date.

Resignation from Offices and Directorships. Effective as of January 2August 20, 2017 2018 (the "Date of Termination"“Termination Date”), Xxxxx Executive resigns from his position as Senior Executive Vice President and Chief Executive Financial Officer of the Companies, as well as from all director, officer or other positions he holds on behalf of the Companies (which for the avoidance of doubt, and in conformity with the definition of "“Companies," ” shall include Holdings, The Hertz Corporation and all of their subsidiaries and divisions). Xxxxx Executive agrees to sign all appropriate documentation, if any, prepared by the Companies to facilitate these resignations; provided that Xxxxx Executive understands that such resignations are self-effectuating and are effective on the Date of TerminationTermination Date.