0001193125-16-496840 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 8th, 2016 • Paramount Group, Inc. • Real estate investment trusts • New York

This Employment Agreement (“Agreement”) is made as of the 3rd day of March, 2016, among Paramount Group Operating Partnership L.P., a Delaware limited partnership (the “Employer”), Paramount Group, Inc., a Maryland corporation (the “Company”) and Wilbur Paes (the “Executive”).

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SEPARATION AGREEMENT AND RELEASE
Separation Agreement • March 8th, 2016 • Paramount Group, Inc. • Real estate investment trusts • New York

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

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