Common use of Term of Your Employment Clause in Contracts

Term of Your Employment. The term of this Agreement began on the “Commencement Date” set forth in your Schedule and will end at the close of business March 31, 2011 (the “Agreement Term”). All references to “your employment” in this Agreement will refer to your employment during the Agreement Term. Commencing April 1, 2011, the Agreement Term will extend for successive one (1) year periods upon written notice by MF Global to you not later than three (3) months prior to the expiration of the initial or any successive term of this Agreement (unless you provide written notice of non-extension within one (1) month after such notice). Upon the expiration of the Agreement Term (taking into account any extensions), you will continue to be an employee of MF Global “at-will” (unless and until MF Global or you gives written notice to the other of termination). The provisions of Sections 5(d), 7, 8, 9, 11, 12 and 13, and the provisions of the Schedule applicable thereto, shall survive the termination of the Agreement Term and any concurrent or subsequent termination of your employment thereunder and shall continue to be in effect thereafter to the extent applicable, provided that Section 9 shall survive only respecting a change in ownership or control contemplated thereunder occurring on or prior to such termination irrespective of when payments thereunder may be made; Section 6 and the provisions of the Schedule applicable thereto, shall survive any termination of your employment occurring prior to the expiration of the Agreement Term; and Section 6(g), and the provisions of the Schedule applicable thereto, shall survive any termination of your employment in connection with the expiration of the Agreement Term.

Term of Your Employment. The term of this Agreement began on the “Commencement Date” set forth in your Schedule and will end at the close of business on March 31, 2011 2012 (the “Agreement Term”). All references to “your employment” in this Agreement will refer to your employment during the Agreement Term. Commencing April 1, 20112012, the Agreement Term will extend for successive one two (12) year periods upon written notice by MF Global to you not later than three six (36) months prior to the expiration of the initial or any successive term of this Agreement (unless you provide written notice of non-extension within one (1) month after such notice). Upon the expiration of the Agreement Term (taking into account any extensions), you will continue to be an employee of MF Global “at-will” (unless and until MF Global or you gives written notice to the other of termination). The provisions of Sections 5(d), 7, 8, 9, 11, 12 and 13, and the provisions of the Schedule applicable thereto, shall survive the termination of the Agreement Term and any concurrent or subsequent termination of your employment thereunder and shall continue to be in effect thereafter to the extent applicable, provided that Section 9 shall survive only respecting a change in ownership or control contemplated thereunder occurring on or prior to such termination irrespective of when payments thereunder may be made; Section 6 and the provisions of the Schedule applicable thereto, shall survive any termination of your employment occurring prior to the expiration of the Agreement Term; and Section 6(g), and the provisions of the Schedule applicable thereto, shall survive any termination of your employment in connection with the expiration of the Agreement Term.. Xx. Xxxxxx X. Ferber May 15, 2009 Page 2 of 19

Term of Your Employment. The term of this Agreement began on the “Commencement Date” set forth in your Schedule and will end at the close of business on March 31, 2011 2013 (the “Agreement Term”). All references to “your employment” in this Agreement will refer to your employment during the Agreement Term. Commencing April 1, 20112013, the Agreement Term will extend for successive one two (12) year periods upon written notice by MF Global to you not later than three six (36) months prior to the expiration of the initial or any successive term of this Agreement (unless you Agreement. You may provide written notice of non-extension within one (1) month after such notice)notice by MF Global (“Non-Extension Notice”) if MF Global does not offer to extend the Agreement Term on terms and conditions including payment of your Salary and Bonus, participation in executive compensation plans and employee benefit programs and severance benefits that are substantially similar to those in effect immediately prior to the expiration of the Agreement Term (taking into account any extensions) provided that MF Global will have 30 days to cure the terms and conditions of its offer to extend the Agreement Term before such Non-Extension Notice becomes effective. Upon the expiration of the Agreement Term (taking into account any extensions), you will continue to be an employee of MF Global “at-will” (unless and until MF Global or you gives written notice to the other of termination). The provisions of Sections 5(d), 7, 8, 9, 11, 12 and 13, and the provisions of the Schedule applicable thereto, shall survive the termination of the Agreement Term and any concurrent or subsequent termination of your employment thereunder and shall continue to be in effect thereafter to the extent applicable, provided that Section 9 shall survive only respecting a change in ownership or control contemplated thereunder occurring on or prior to such termination irrespective of when payments thereunder may be made; Section 6 and the provisions of the Schedule applicable thereto, shall survive any termination of your employment occurring prior to the expiration of the Agreement Term; , and Section 6(g), and the provisions of the Schedule applicable thereto, shall survive any termination of your employment in connection with the expiration of the Agreement Term.

Term of Your Employment. The term of this Agreement began on the “Commencement Date” set forth in your Schedule and will end at the close of business on March 31, 2011 2012 (the “Agreement Term”). All references to “your employment” in this Agreement will refer to your employment during the Agreement Term. Commencing April 1, 20112012, the Agreement Term will extend for successive one two (12) year periods upon written notice by MF Global to you not later than three six (36) months prior to the expiration of the initial or any successive term of this Agreement (unless you provide written notice of non-extension within one (1) month after such notice). Upon the expiration of the Agreement Term (taking into account any extensions), you will continue to be an employee of MF Global “at-will” (unless and until MF Global or you gives written notice to the other of termination). The provisions of Sections 5(d), 7, 8, 9, 11, 12 and 13, and the provisions of the Schedule applicable thereto, shall survive the termination of the Agreement Term and any concurrent or subsequent termination of your employment thereunder and shall continue to be in effect thereafter to the extent applicable, provided that Section 9 shall survive only respecting a change in ownership or control contemplated thereunder occurring on or prior to such termination irrespective of when payments thereunder may be made; Section 6 and the provisions of the Schedule applicable thereto, shall survive any termination of your employment occurring prior to the expiration of the Agreement Term; and Section 6(g), and the provisions of the Schedule applicable thereto, shall survive any termination of your employment in connection with the expiration of the Agreement Term.

Term of Your Employment. The term of this Agreement began on the “Commencement Date” set forth in your Schedule and will end at the close of business on March 31, 2011 (the “Agreement Term”). All references to “your employment” in this Agreement will refer to your employment during the Agreement Term. Commencing April 1, 2011, the Agreement Term will extend for successive one (1) year periods upon written notice by MF Global to you not later than three (3) months prior to the expiration of the initial or any successive term of this Agreement (unless you provide written notice of non-extension within one (1) month after such notice). Upon the expiration of the Agreement Term (taking into account any extensions), you will continue to be an employee of MF Global “at-will” (unless and until MF Global or you gives written notice to the other of termination)) subject to any minimum requirements. The provisions of Sections 5(d), 7, 8, 9, 11, 12 and 13, and the provisions of the Schedule applicable thereto, shall survive the termination of the Agreement Term and any concurrent or subsequent termination of your employment thereunder and shall continue to be in effect thereafter to the extent applicable, provided that Section 9 shall survive only respecting a change in ownership or control contemplated thereunder occurring on or prior to such termination irrespective of when payments thereunder may be made; Section 6 and the provisions of the Schedule applicable thereto, shall survive any termination of your employment occurring prior to the expiration of the Agreement Term; and Section 6(g), and the provisions of the Schedule applicable thereto, shall survive any termination of your employment in connection with the expiration of the Agreement Term.

Term of Your Employment. The term of this Agreement began on the “Commencement Date” set forth in your Schedule and will end at the close of business on March 31, 2011 2013 (the “Agreement Term”). All references to “your employment” in this Agreement will refer to your employment during the Agreement Term. Commencing April 1, 20112013, the Agreement Term will extend for successive one two (12) year periods upon written notice by MF Global to you not later than three six (36) months prior to the expiration of the initial or any successive term of this Agreement (unless you Agreement. You may provide written notice of non-extension within one (1) month after such noticenotice by MF Global (“Non-Extension Notice”) if MF Global does not offer to extend the Agreement Term on terms and conditions (including payment of your Salary and Bonus, participation in executive compensation plans and employee benefit programs and severance benefits) that are substantially similar to those in effect immediately prior to the expiration of the Agreement Term (taking into account any extensions), provided that MF Global will have 30 days to cure the terms and conditions of its offer to extend the Agreement Term before such Non-Extension Notice becomes effective. Upon the expiration of the Agreement Term (taking into account any extensions), you will continue to be an employee of MF Global “at-will” (unless and until MF Global or you gives written notice to the other of termination). The provisions of Sections 5(d), 7, 8, 9, 11, 12 and 13, and the provisions of the Schedule applicable thereto, shall survive the termination of the Agreement Term and any concurrent or subsequent termination of your employment thereunder and shall continue to be in effect thereafter to the extent applicable, provided that Section 9 shall survive only respecting a change in ownership or control contemplated thereunder occurring on or prior to such termination irrespective of when payments thereunder may be made; Section 6 and the provisions of the Schedule applicable thereto, shall survive any termination of your employment occurring prior to the expiration of the Agreement Term; and Section 6(g), and the provisions of the Schedule applicable thereto, shall survive any termination of your employment in connection with the expiration of the Agreement Term.

Term of Your Employment. The term of this Agreement began on the “"Commencement Date” " set forth in your Schedule and will end at the close of business March 31on Xxxxx 00, 2011 0000 (the “Agreement Term”xxx "Xxxxxxxxx Xxxx"). All references to “"your employment” " in this Agreement will refer to your employment during the Agreement Term. Commencing April 1, 20112012, the Agreement Term will extend for successive one two (12) year periods upon written notice by MF Global to you not later than three six (36) months prior to the expiration of the initial or any successive term of this Agreement (unless you provide written notice of non-extension within one (1) month after such notice). Upon the expiration of the Agreement Term (taking into account any extensions), you will continue to be an employee of MF Global “"at-will” " (unless and until MF Global or you gives written notice to the other of termination). The provisions of Sections 5(d), 7, 8, 9, 11, 12 and 13, and the provisions of the Schedule applicable thereto, shall survive the termination of the Agreement Term and any concurrent or subsequent termination of your employment thereunder and shall continue to be in effect thereafter to the extent applicable, provided that Section 9 shall survive only respecting a change in ownership or control contemplated thereunder occurring on or prior to such termination irrespective of when payments thereunder may be made; Section 6 and the provisions of the Schedule applicable thereto, shall survive any termination of your employment occurring prior to the expiration of the Agreement Term; and Section 6(g), and the provisions of the Schedule applicable thereto, shall survive any termination of your employment in connection with the expiration of the Agreement Term.