Executive Annuity Agreement Sample Contracts

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Executive Annuity Agreement • May 5th, 2020 • New York

<DOCUMENT> <TYPE>EX-10.(XXXII) <SEQUENCE>6 <FILENAME>dex10xxxii.txt <DESCRIPTION>FORM OF EXECUTIVE ANNUITY AGREEMENT <TEXT> <PAGE> EXHIBIT 10(xxxii) Form of Executive Annuity Agreement ----------------------------------- Executive Annuity Agreement dated as of [______________], by and between Merrill Lynch & Co., Inc. ("ML & Co.") and [_________] (the "Executive"). WHEREAS, the Executive has worked for ML & Co. for an extended period and is at present the [TITLE] of ML & Co.; and WHEREAS, ML & Co. desires to establish an incentive for the Executive, based on the Executive's compensation and total period of qualifying service, to continue to serve in the above-referenced position with ML & Co., or in such other high senior executive position as the Board of Directors of ML & Co. may hereafter specify, until such time as the Executive retires from ML & Co.; WHEREAS, the Executive's substantial expertise and knowledge relating to the operation of the activities of ML & Co. and its affilia

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