Common Contracts

by and between MORGAN STANLEY and DISCOVER FINANCIAL SERVICES Dated as of June 30, 2007

u.s. Employee Matters Agreement • July 5th, 2007 • Discover Financial Services • Personal credit institutions • New York

• Contract Type
  u.s. Employee Matters Agreement
• Filed
  July 5th, 2007
• Company
  Discover Financial Services
• Industry
  Personal credit institutions
• Jurisdiction
  New York

THIS U.S. EMPLOYEE MATTERS AGREEMENT dated as of June 30, 2007 between Morgan Stanley, a Delaware corporation (“Morgan Stanley”), and Discover Financial Services, a Delaware corporation (“Discover”) (collectively, the “Parties”).

PAGE SCOPE AND DEFINITIONS ASSIGNMENT OF EMPLOYEES EQUITY COMPENSATION PLANS EMPLOYEE STOCK PURCHASE PLAN GENERAL PRINCIPLES FOR ALLOCATION OF LIABILITIES

u.s. Employee Matters Agreement • May 9th, 2007 • Discover Financial Services • Personal credit institutions • New York

• Contract Type
  u.s. Employee Matters Agreement
• Filed
  May 9th, 2007
• Company
  Discover Financial Services
• Industry
  Personal credit institutions
• Jurisdiction
  New York

THIS U.S. EMPLOYEE MATTERS AGREEMENT dated as of [ ], 2007 between Morgan Stanley, a Delaware corporation (“Morgan Stanley”), and Discover Financial Services, a Delaware corporation (“Discover”) (collectively, the “Parties”).