January 1, 2018 Mr. Ronald F. Valenta La Cañada, CA 91011 Dear Ron:Employment Agreement • January 3rd, 2018 • General Finance CORP • Services-equipment rental & leasing, nec • California
General Finance Corporation (the “Company”) is pleased to confirm the terms of your employment agreement (this “Agreement”) under which you will serve as the Executive Chairman of the Board of Directors of the Company (the “Board”) commencing on January 1, 2018. The Company is listed on The NASDAQ Stock Market. We believe the position of Executive Chairman will be rewarding and focused upon, but not limited to, the traditional areas of mentoring our new Chief Executive Officer (“CEO”), assisting the CEO in completing his strategic plan and advising on capital allocation and procurement.
