RESTRICTIVE COVENANT AND CONFIDENTIALITY AGREEMENTRestrictive Covenant and Confidentiality Agreement • May 10th, 2012 • Federal Home Loan Mortgage Corp • Federal & federally-sponsored credit agencies • Virginia
In exchange for the mutual promises and consideration set forth below, this Restrictive Covenant and Confidentiality Agreement (“Agreement”) is entered into by and between the Federal Home Loan Mortgage Corporation (“Freddie Mac” or “Company”) and Donald H. Layton (“Executive” or “you”), effective as of May 21, 2012. To the extent that any required approval of this Agreement or the employment agreement of which this Agreement forms a part is not obtained, this Agreement shall be null and void in all respects and you shall have no further obligations under this Agreement, the employment agreement or any other plan, policy or program of Freddie Mac.
