Fannie Mae Chairman of the Board Letterhead] June 5, 2012 Timothy J. Mayopoulos Fannie Mae 3900 Wisconsin Avenue, NW Washington, DC 20016Federal National Mortgage Association Fannie Mae • June 5th, 2012 • Federal & federally-sponsored credit agencies
This agreement (“Agreement”) sets forth the terms and conditions of Fannie Mae’s employment of you as its President and Chief Executive Officer. The terms and conditions set forth herein have been approved by Fannie Mae’s Board of Directors (“Board”) and the Federal Housing Finance Agency (“FHFA”) in consultation with the United States Department of Treasury.
