0001193125-23-212472 Sample Contracts

Roger C. Hochschild, at the address on file with Discover Financial Services. Dear Roger,
Transition Agreement • August 14th, 2023 • Discover Financial Services • Personal credit institutions • Illinois

This letter agreement (this “Agreement”) sets forth the terms we have agreed regarding your transition from Discover Financial Services (the “Company”), including your service as an Advisor to the Chair of the Company’s Board of Directors (the “Board”) through December 31, 2023 to support the Company’s transition to new leadership.

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