Certain portions of this document have been omitted pursuant to Item 601(b)(10) of Regulation S‑K and, where applicable, have been marked with “[***]” to indicate where omissions have been made. The marked information has been omitted because it is...Letter Agreement • July 25th, 2019 • PayPal Holdings, Inc. • Services-business services, nec • California
Contract Type FiledJuly 25th, 2019 Company Industry JurisdictionThis letter agreement ("Separation Agreement" or “Agreement”) sets forth the severance benefits for which you are eligible if you sign and do not revoke (i) this Separation Agreement within the time frame provided in Section 22 of this Agreement and (ii) a waiver and general release of claims, in the form attached as Exhibit A hereto (the “Release”), on or after your date of termination of employment. Please note that the Separation Agreement and the Release each contain a waiver and release of claims against PayPal, Inc. (collectively with PayPal Holdings, Inc. and any of their subsidiaries and affiliates, “PayPal” or the “Company”).