SEPARATION AGREEMENTSeparation Agreement • September 19th, 2014 • Hertz Corp • Services-auto rental & leasing (no drivers) • Florida
This Separation Agreement (this “Agreement”) is entered into by and among Mark P. Frissora (“Frissora” 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 September 15, 2014. Reference is made to the Amended and Restated Employment Agreement, dated as of December 31, 2008, between Holdings and Frissora (the “Employment Agreement”), and all capitalized terms used in this Agreement and not otherwise defined are as set forth in the Employment Agreement.
