SEPARATION AND GENERAL RELEASE AGREEMENT July 23, 2003Nasdaq Stock Market Inc • November 14th, 2003 • Security & commodity brokers, dealers, exchanges & services • New York
This Separation and General Release Agreement ("Letter Agreement") reflects our mutual agreements and understandings concerning your separation from employment as Executive Vice President with The NASDAQ Stock Market, Inc. ("NASDAQ") effective as of July 31, 2003 ("Termination Date") in accordance with the terms your employment agreement with NASDAQ, dated as of December 29, 2000, as amended as of February 1, 2002 (collectively, the "Employment Agreement"). Terms used but not defined in this Letter Agreement shall have the meanings given them in the Employment Agreement.
