0001104659-23-036669 Sample Contracts

SEPARATION AGREEMENT AND GENERAL RELEASE
Separation Agreement and General Release • March 24th, 2023 • PennyMac Financial Services, Inc. • Mortgage bankers & loan correspondents • California

This Separation Agreement and General Release ("Agreement") is made and entered into by and between Vandad Fartaj ("Fartaj"), on the one hand, and PennyMac Financial Services, Inc. and its wholly-owned subsidiaries ("PFSI") and PennyMac Mortgage Investment Trust and its wholly-owned subsidiaries ("PMT") (collectively, PFSI and PMT shall be referred to as the "PennyMac Entities"), on the other hand, with reference to the following:

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