Special Severance Payment Agreement Sample Contracts

SPECIAL SEVERANCE PAYMENT AGREEMENT
Special Severance Payment Agreement • April 27th, 2021 • Genworth Mortgage Holdings, Inc. • Insurance agents, brokers & service • Virginia

Purpose: The purpose of this Special Severance Payment Agreement (the “Payment Agreement”) is to provide that you, as a key contributor employed by Genworth Financial, Inc. (together with its affiliates, the “Company”), receive an additional payment in the event your employment with the Company is terminated during a certain Payment Period under circumstances which entitle you to receive severance pay and layoff benefits under the Genworth Financial, Inc. Layoff Payment Plan (“Layoff Plan”) or as a “Tier III” employee under the 2015 Key Employee Severance Plan (“Key Employee Plan”), as applicable (together, the “Plans”). This Payment Agreement is being awarded in recognition of the significant role you will have during that Payment Period. Name: Dean Mitchell Payment Period: The “Payment Period” begins on the effective date of this Payment Agreement and ends on December 31, 2021. If your employment with the Company is terminated for any reason at any time preceding the start, or follow

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SPECIAL SEVERANCE PAYMENT AGREEMENT
Special Severance Payment Agreement • April 27th, 2021 • Genworth Mortgage Holdings, Inc. • Insurance agents, brokers & service

Purpose: The purpose of this Special Severance Payment Agreement (the “Payment Agreement”) is to ensure that certain key contributors employed by Genworth Financial, Inc. (together with its affiliates, the “Company”) receive additional payment(s) in the event their employment with the Company is terminated during a certain Payment Period under circumstances which would entitle them to receive severance pay and layoff benefits under the Genworth Financial, Inc. Layoff Payment Plan (the “Plan”). This Payment Agreement is being awarded in recognition of the significant role you will have during that Payment Period. Name: Evan Stolove Payment Period: The “Payment Period” begins on the effective date of this Payment Agreement and ends on December 31, 2021. If your employment with the Company is terminated for any reason at any time preceding the start, or following the conclusion, of the Payment Period you will not be eligible to receive the Payments. Payment Amount: In the event your emplo

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