SETTLEMENT AGREEMENT AND RELEASESettlement Agreement and Release • November 17th, 2017 • Santander Consumer USA Holdings Inc. • Personal credit institutions • New York
THIS SETTLEMENT AGREEMENT AND RELEASE (this “Agreement”), entered into as of November 15, 2017 (the “Effective Date”), is made by and among Santander Consumer USA Inc., an Illinois corporation (“SC Illinois”), Santander Consumer USA Holdings Inc., a Delaware corporation (“SC Holdings”), Santander Holdings USA, Inc., a Virginia corporation (“SHUSA”), Banco Santander, S.A., a Spanish sociedad anónima (“Banco Santander,” and, together with SC Illinois, SC Holdings and SHUSA, the “Employer Group”; each of Banco Santander, SC Illinois, SC Holdings and SHUSA are referred to herein individually as an “Employer Group Entity”), Thomas G. Dundon (the “Former Employee”), and DDFS LLC, a Delaware limited liability company (“DDFS”).
