SEPARATION AGREEMENTSeparation Agreement • December 5th, 2014 • Hertz Corp • Services-auto rental & leasing (no drivers) • Delaware
This Separation Agreement (this "Agreement") is entered into by and among J. Jeffrey Zimmerman ("Zimmerman" or "Executive"), Hertz Global Holdings, Inc. ("Holdings") and The Hertz Corporation (hereinafter, together with their subsidiaries and divisions, "Hertz", the "Company" or the "Companies"), on December 1, 2014. Reference is made to the Hertz Global Holdings, Inc. Severance Plan for Senior Executives, as amended (the "Severance Plan"), and all capitalized terms used in this Agreement and not otherwise defined are as defined in the Severance Plan.
WAIVER AGREEMENTWaiver Agreement • December 5th, 2014 • Hertz Corp • Services-auto rental & leasing (no drivers) • New York
WAIVER AGREEMENT, dated as of December 5, 2014 (this "Waiver Agreement"), between Hertz Vehicle Financing LLC, a special purpose Delaware limited liability company ("HVF"), and The Hertz Corporation, a Delaware corporation ("Hertz"), and acknowledged and agreed to by The Bank of New York Mellon Trust Company, N.A., (the "Trustee"). Reference is made to that certain Third Amended and Restated Master Motor Vehicle Operating Lease and Servicing Agreement, dated as of September 18, 2009 (as amended prior to the date hereof, the "Lease"), between HVF, as Lessor, and Hertz, as Lessee and Servicer. Unless otherwise specified, capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Lease.
