Daniel S. GlaserPresident and Chief Executive OfficerMarsh & McLennan Companies, Inc.1166 Avenue of the AmericasNew York, New York 10036212 345 4874 Fax 212 345 6676dan.glaser@mmc.comwww.mmc.comTerms of Employment • February 21st, 2019 • Marsh & McLennan Companies, Inc. • Insurance agents, brokers & service • New York
This letter agreement sets forth the terms of your continued employment by Marsh & McLennan Companies, Inc. as its Vice Chairman. This position currently reports to the President and Chief Executive Officer (the “Chief Executive Officer”) of Marsh & McLennan Companies, Inc. (“Marsh & McLennan Companies”, and together with its subsidiaries and affiliates, the “Company”). Your principal work location will be in Miami, FL.
Daniel S. GlaserPresident and Chief Executive OfficerMarsh & McLennan Companies, Inc.1166 Avenue of the AmericasNew York, New York 10036212 345 4874 Fax 212 345 6676dan.glaser@mmc.comwww.mmc.comTerms of Employment • February 21st, 2019 • Marsh & McLennan Companies, Inc. • Insurance agents, brokers & service
This second amendment to the letter agreement, dated September 17, 2015, between you and Marsh & McLennan Companies, Inc., as amended by the first amendment dated January 17, 2018 (together, the “Letter Agreement”), revises the terms and conditions of your employment as follows:
Waiver and Release AgreementWaiver and Release Agreement • February 21st, 2019 • Marsh & McLennan Companies, Inc. • Insurance agents, brokers & service
I, Julio A. Portalatin, in consideration of the terms and conditions in the Terms of Employment Letter dated January 16, 2019 (the “Letter”) which I acknowledge are sufficient consideration to support this Waiver and Release Agreement (“Agreement”), agree to accept the Letter in full resolution and satisfaction of, and hereby irrevocably and unconditionally release and forever discharge Marsh & McLennan Companies, Inc. (the “Company”) and its past and present, direct and indirect parents, subsidiaries, affiliates, divisions, predecessors, successors, assigns and representatives, and all of its or their respective past and present benefit and severance plans, plan administrators, insurers, agents, shareholders, officers, directors, employees, attorneys and representatives, whether acting as agents or in individual capacities (collectively, the “Releasees”) with respect to any and all agreements, promises, rights, liabilities, claims and demands of any kind whatsoever, at law or in equit
