0001193125-10-064637 Sample Contracts

Contract
MF Global Holdings Ltd. • March 23rd, 2010 • Security & commodity brokers, dealers, exchanges & services • New York

This letter (this “Agreement”) will confirm the terms and conditions of the engagement of Jon Corzine (“you”) as an Operating Partner of J.C. Flowers & Co. LLC (“JCF”). Your Term (as defined below) with JCF shall begin as of March 23, 2010. You will be based in New York.

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Re: MF Global – Employment Agreement
Employment Agreement • March 23rd, 2010 • MF Global Holdings Ltd. • Security & commodity brokers, dealers, exchanges & services • New York

This is your EMPLOYMENT AGREEMENT (this “Agreement”) with MF Global Holdings Ltd., a Delaware corporation (“MF Global”). This Agreement sets forth the terms of your employment with MF Global. In this Agreement, the “MF Global Group” refers to MF Global and its subsidiaries that are consolidated on MF Global’s audited financial statements.

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