January 1, 2020 Kewsong Lee c/o The Carlyle Group Washington, D.C. 20004 Dear Mr. Lee:Carlyle Group L.P. • January 2nd, 2020 • Investment advice
Company FiledJanuary 2nd, 2020 IndustryThis letter agreement is intended to amend your Employment Agreement with The Carlyle Group Employee Co., L.L.C. (the “Employer”), dated as of October 23, 2017 (the “Employment Agreement”) to reflect the contemplated conversion of The Carlyle Group L.P. into a Delaware corporation, effective as of January 1, 2020 (the “Conversion Date”). Capitalized terms used herein without definition have the meanings assigned to such terms under your Employment Agreement.
January 1, 2020 Glenn A. Youngkin c/o The Carlyle Group Washington, D.C. 20004 Dear Mr. Youngkin:Carlyle Group L.P. • January 2nd, 2020 • Investment advice
Company FiledJanuary 2nd, 2020 IndustryThis letter agreement is intended to amend your Employment Agreement with The Carlyle Group Employee Co., L.L.C. (the “Employer”), dated as of October 23, 2017 (the “Employment Agreement”) to reflect the contemplated conversion of The Carlyle Group L.P. into a Delaware corporation, effective as of January 1, 2020 (the “Conversion Date”). Capitalized terms used herein without definition have the meanings assigned to such terms under your Employment Agreement.