August 22, 2017 Tomer Barel Dear Tomer:PayPal Holdings, Inc. • October 24th, 2017 • Services-business services, nec • Delaware
You play an important role at PayPal, Inc. (referred to herein as “PayPal,” together with PayPal Holdings, Inc. (“PYPL”) and each of their subsidiaries and affiliates, the “Company”) and your continued engagement is important to the Company’s success. In recognition of the important role you play, you will be eligible to receive certain severance protection, as detailed in this letter agreement (this “Agreement”).
