Citigroup letterhead]Employment Agreement • May 4th, 2007 • Citigroup Inc • National commercial banks • New York
We are delighted to extend to you an offer to join Citigroup Inc. (the “Company”) as Chief Financial Officer of the Company. This letter shall become an effective binding agreement upon the Company’s receipt of a signed copy, together with the Principles of Employment and CMC Policy (both referenced below), which may be sent by e-mail to murraym@citigroup.com or fax to Mike Murray, 212-793-3830, followed by hard copies delivered to Mike Murray, Citigroup Inc., 399 Park Avenue, 7th Floor, New York, NY 10022. Your employment will then commence on March 12, 2007 (the “Commencement Date”) and will continue until terminated by you, by the Company, or by reason of your death or Disability (as defined below).
