December 21, 2023 Gabrielle Rabinovitch Dear Gabrielle:Transition Agreement • December 22nd, 2023 • PayPal Holdings, Inc. • Services-business services, nec
Contract Type FiledDecember 22nd, 2023 Company IndustryThis letter agreement (“Transition Agreement” or “Agreement”) sets forth the transition benefits for which you are eligible if you timely sign and do not timely revoke, (i) this Transition Agreement within the time frame provided in Section 25 of this Agreement, (ii) a waiver and general release of claims, in the form provided by the Company (the “Release”), on or within forty-five (45) days after the Transition End Date (as defined herein) and (iii) attestation(s), to the extent applicable pursuant to the terms of this Transition Agreement. Please note that the Transition Agreement and the Release each contain a waiver and release of claims against PayPal, Inc., PayPal Holdings, Inc. and their respective subsidiaries and affiliates (collectively, “PayPal” or the “Company”). The “Parties” collectively refers to you and the Company. Your last date of employment as a Senior Vice President with the Company is December 31, 2023 (“Transition Start Date”), subject to Section 6 herein. For ou