Dear [•]:Merger Retention Program • July 31st, 2024 • Discover Financial Services • Personal credit institutions • Illinois
Following the recent announcement of the merger between Discover Financial Services (the “Company”) and Capital One Financial Corporation (“Capital One”), we are establishing a Merger Retention Program for a select group of employees. You have been identified as an employee eligible to participate in the Merger Retention Program. According to the terms and conditions described in this letter agreement, we are pleased to offer you a retention bonus in the amount of [•] (the “Retention Bonus”).
