July 16, 2014 Mr. Hal S. Jones Graham Holdings CompanySeparation and Release Agreement • July 16th, 2014 • Graham Holdings Co • Services-educational services • New York
July 16, 2014 Ms. Ann L. McDaniel Graham Holdings Company Washington, DC 20071 Dear Ann:Graham Holdings Co • July 16th, 2014 • Services-educational services • New York
Your employment with Graham Holdings Company (the “Company”) will end effective as of the date that is designated by the Company pursuant to that certain Agreement and General Release between you and the Company (the “Release Agreement”) pursuant to the Company’s Voluntary Retirement Incentive Program (such date, the “Separation Date”). In accordance with the Release Agreement, you are entitled to certain payments and benefits in connection with your termination of employment, which shall not be affected by this letter agreement. This letter agreement sets forth the terms upon which you shall provide services to the Company as an independent contractor following the Separation Date.
