TRANSITION AGREEMENTTransition Agreement • December 1st, 2017 • Cowen Inc. • Security brokers, dealers & flotation companies • New York
This Transition Agreement (this “Agreement”) is made as of this 30th day of November, 2017 (the “Execution Date”) by and between Cowen Inc., a Delaware corporation (“Company”), and Peter A. Cohen, an individual (“Executive”). The terms “Party” or “Parties” shall be used to refer to the Company and/or Executive. Capitalized terms not defined herein shall have the meaning ascribed in the Employment Agreement (defined below).
November 30, 2017 Jeffrey Solomon via personal delivery by hand Dear Jeff:Cowen Inc. • December 1st, 2017 • Security brokers, dealers & flotation companies
This letter amendment (this “2017 Amendment”) sets forth the mutual agreement between you and Cowen Inc. (the “Company”) to amend your employment agreement, dated May 31, 2012 (your “Employment Agreement”). Specifically, effective on the earlier of: (i) January 1, 2018; or (ii) the effective date of the resignation of the Company’s Chief Executive Officer, your Employment Agreement is amended as follows:
