SEPARATION AGREEMENT AND GENERAL RELEASESeparation Agreement • June 18th, 2018 • Metlife Inc • Life insurance • New York
Contract Type FiledJune 18th, 2018 Company Industry JurisdictionThis Separation Agreement and General Release (this “Separation Agreement”) is entered into by and between John C.R. Hele (“Mr. Hele”), MetLife, Inc. and MetLife Group, Inc. (collectively “MetLife” or the “Company”) as of the 3 day of June, 2018. This Separation Agreement is contingent on approval by the Board of Directors of MetLife, Inc. (the “Board”), and will not be effective or binding unless and until it is so approved. The Company’s management will present this Separation Agreement and recommend its approval to the Board following the Separation Agreement Effective Date, as defined below. If such Separation Agreement Effective Date occurs on or before June 11, 2018, the Company’s management will present this Separation Agreement for Board consideration no later than June 12, 2018; provided, however that this Separation Agreement shall not be effective or binding on either party upon the earlier of (a) the Company’s notice to Mr. Hele that the Board has adopted a resolution or ot