0001193125-15-105979 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 26th, 2015 • Paramount Group, Inc. • Real estate investment trusts • New York

This Employment Agreement (“Agreement”) is made as of the 26th day of March , 2015, among Paramount Group Operating Partnership L.P., a Delaware limited partnership (the “Employer”), Paramount Group, Inc., a Maryland corporation (the “Company”) and Michael Walsh (the “Executive”).

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SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • March 26th, 2015 • Paramount Group, Inc. • Real estate investment trusts • New York

This Separation Agreement and Release (the “Agreement”) is entered into by and among David P. Spence (“Mr. Spence”), Paramount Group, Inc. (the “Company”), and Paramount Operating Partnership L.P. (the “Employer” and, together with the Company, “Paramount”).

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