SEPARATION AGREEMENTSeparation Agreement • March 25th, 2019 • Hertz Corp • Services-auto rental & leasing (no drivers) • Delaware
This Separation Agreement (this “Agreement”) is entered into by and among Richard J. Frecker II (“Executive”), Hertz Global Holdings, Inc. (“Holdings”) and The Hertz Corporation (together with their subsidiaries and divisions, “Hertz,” the “Company” or the “Companies”), on March 22, 2019. Reference is made to the Hertz Global Holdings, Inc. Severance Plan for Senior Executives, as amended (the “Severance Plan”), and all capitalized terms used in this Agreement and not otherwise defined herein are as defined in the Severance Plan.
