September 24, 2019 Devin Wenig VIA ELECTRONIC DELIVERY Dear Devin:Separation Agreement • September 25th, 2019 • Ebay Inc • Services-business services, nec
This letter agreement confirms our agreement relating to your resignation from employment with eBay Inc. and its affiliates (collectively, “eBay” or the “Company”), from your membership on the Board of Directors of eBay (the “Board”) and from any other officer positions you hold at the Company or any of its affiliates and boards of directors on which you serve by reason of your position as President and Chief Executive Officer of eBay. By executing this letter agreement, you hereby confirm your resignation effective September 25, 2019 (“Separation Date“). This letter agreement (“Separation Agreement” or “Agreement”) sets forth the severance benefits for which you are eligible if you sign this Separation Agreement, in full satisfaction of your entitlements under that certain letter agreement dated September 29, 2014 (“Letter Agreement”). Please note that as required under the Letter Agreement, this Separation Agreement contains a release of claims against eBay Inc., among others.
