Personal and Confidential VIA HAND DELIVERYPersonal and Confidential • August 3rd, 2015 • Keycorp /New/ • National commercial banks
This letter agreement (the “Letter Agreement”), effective as of the date indicated below, in Section H, confirms our discussions concerning your decision to retire from KeyCorp and to transition you from your position of Chief Accounting Officer by providing you enhanced separation benefits, as set forth herein. This Letter Agreement accordingly outlines the specific terms and conditions of the various benefits that will be made available to you as a result of your entering into this Letter Agreement with KeyCorp. Please know that the benefits to be provided to you under the terms of this Letter Agreement constitute a full and final settlement of any and all claims and causes of action that you may have (or believe that you may have) against KeyCorp and its Affiliates (hereinafter collectively and individually referred to as “Key”) including any claims under the KeyCorp Separation Pay Plan. For purposes of this Letter Agreement, the term “Affiliate” means any and all subsidiaries and r
