0001193125-08-109757 Sample Contracts

SEPARATION AGREEMENT AND GENERAL RELEASE OF CLAIMS
Separation Agreement • May 9th, 2008 • E Trade Financial Corp • Savings institution, federally chartered • New York

This Agreement dated April 22, 2008 is between Arlen W. Gelbard (“Employee”) and E*TRADE Financial Corporation (the “Company”) (the “Parties”). The parties hereby agree that Employee’s employment with the Company will terminate on April 22, 2008 (the “Separation Date”).

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EMPLOYMENT AGREEMENT
Employment Agreement • May 9th, 2008 • E Trade Financial Corp • Savings institution, federally chartered • New York

This Employment Agreement (this “Agreement”) is made and entered into by and between E*TRADE Financial Corporation (the “Company”) and Donald H. Layton (“Executive”) as of the Effective Date.

SEPARATION AGREEMENT AND GENERAL RELEASE OF CLAIMS
Separation Agreement • May 9th, 2008 • E Trade Financial Corp • Savings institution, federally chartered • New York

This Agreement dated April 25, 2008 is between Robert Simmons (“Employee”) and E*TRADE Financial Corporation (the “Company”) (the “Parties”).

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