SEPARATION AGREEMENTSeparation Agreement • December 13th, 2016 • Hertz Corp • Services-auto rental & leasing (no drivers)
This Separation Agreement (this "Agreement") is entered into by and among John Tague ("Tague"), Hertz Global Holdings, Inc. ("Holdings") and The Hertz Corporation (hereinafter, together with their subsidiaries and divisions, "Hertz," the "Company" or the "Companies"), on December 12, 2016. Reference is made to the Employment Agreement, dated as of November 21, 2014, between Holdings and Tague (the "Employment Agreement"), and 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 herein are as defined in the Employment Agreement.
