SLM Corporation 2012 Omnibus Incentive Plan Bonus Restricted Stock Unit Term Sheet (Three-Year Restriction)Management Incentive Plan Award • April 23rd, 2018 • SLM Corp • Personal credit institutions • Delaware
This Bonus Restricted Stock Unit Term Sheet (this “Agreement”) further describes the terms of the Bonus RSUs granted to Grantee pursuant to the Bonus Restricted Stock Unit Grant Notice. The Bonus Restricted Stock Unit Grant Notice and the SLM Corporation 2012 Omnibus Incentive Plan (the “Plan”) are incorporated herein in their entirety.
AGREEMENT AND RELEASEAgreement and Release • April 23rd, 2018 • SLM Corp • Personal credit institutions • Delaware
SLM Corporation and its subsidiaries, predecessors, and affiliates (collectively “SLM”) and I, Christine Rocha, as the Personal Representative of the last Will and Testament of Charles P. Rocha (the “Decedent”) (hereinafter, in such capacity, the “Personal Representative”), have reached the following understanding and agreement. In exchange for the Plan Benefits (as defined below) and other consideration listed below, the Personal Representative agrees to comply fully with the terms of this Agreement and Release (“Agreement and Release”). In exchange for the Personal Representative’s agreement herein, SLM agrees to provide the Personal Representative with the Plan Benefits and other consideration listed below, to which the Personal Representative is not otherwise entitled.
SLM Corporation 2012 Omnibus Incentive Plan 2018 Restricted Stock Unit Term SheetPlan 2018 Restricted Stock • April 23rd, 2018 • SLM Corp • Personal credit institutions • Delaware
This Restricted Stock Unit Term Sheet (this “Agreement”) further describes the terms of the RSUs granted to Grantee pursuant to the Restricted Stock Unit Grant Notice. The Restricted Stock Unit Grant Notice and the SLM Corporation 2012 Omnibus Incentive Plan (the “Plan”) are incorporated herein in their entirety.
