October 11, 2008 Stewart M. Landefeld Executive Vice President Washington Mutual, Inc. 1301 Second Avenue Seattle, WA, 98101 Dear Mr. Landefeld:Engagement Letter • October 17th, 2008 • Washington Mutual, Inc • Savings institution, federally chartered
This letter confirms and sets forth the terms and conditions of the engagement between Alvarez & Marsal North America, LLC (“A&M”) and Washington Mutual, Inc. and subsidiaries (collectively the “Company”), including the scope of the services to be performed and the basis of compensation for those services. Upon execution of this letter by each of the parties below and receipt of the retainer described below, this letter will constitute an agreement between the Company and A&M.
