Amended and Restated EMPLOYMENT AGREEMENTEmployment Agreement • August 6th, 2020 • Ambac Financial Group Inc • Surety insurance • New York
This Amended and Restated EMPLOYMENT AGREEMENT (“Agreement”) is entered into as of the 3rd day of August, 2020, by and among Ambac Financial Group, Inc., a Delaware corporation (“AFG”), Ambac Assurance Corporation, a Wisconsin corporation (“AAC” and, along with AFG, the “Company”, as applicable) and Claude LeBlanc, an individual (the “Executive”).
AMBAC FINANCIAL GROUP, INC. RESTRICTED STOCK UNIT AND STOCK OPTION AGREEMENTRestricted Stock Unit and Stock Option Agreement • August 6th, 2020 • Ambac Financial Group Inc • Surety insurance • New York
<[Insert Name]> (the “Participant”) has been granted a Full Value Award under the Ambac Financial Group, Inc. 2013 Incentive Compensation Plan (the “Plan”) in the form of restricted stock units (the “Award”). The Award shall be effective as of April 30, 2020 (the “Grant Date”). The Award shall be subject to the following terms and conditions (sometimes referred to as this “Agreement”).
