Freddie Mac 2015 Annual Report Download - page 424

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Information learned or obtained in connection with Executive’s employment with Freddie Mac without
first obtaining the written permission of the Senior Vice President of Human Resources of Freddie Mac.
Executive further agrees that, in order to assure the continued confidentiality of the Confidential
Information, Freddie Mac may correspond with Executive’s future employers to advise them generally of
Executive’s exposure to and knowledge of Confidential Information, and Executive’s obligations and
responsibilities regarding the Confidential Information. Executive understands and agrees that any such
contact may include a request for assurance and confirmation from such employer(s) that Executive will
not disclose Confidential Information to such employer(s), nor will such employer(s) permit any use
whatsoever of the Confidential Information. To enable Freddie Mac to monitor compliance with the
obligations imposed by this Agreement, Executive further agrees to inform in writing Freddie Mac’s
Senior Vice President of Human Resources of the identity of Executive’s subsequent employer(s) and
Executive’s prospective job title and responsibilities prior to beginning employment. Executive agrees
that this notice requirement shall remain in effect for twelve (12) months following the termination of
Executive’s Freddie Mac employment.
D. Ability to Enforce Agreement and Assist Government Investigations. Nothing in this Agreement
prohibits or otherwise restricts you from: (1) making any disclosure of information required by law; (2)
assisting any regulatory or law enforcement agency or legislative body to the extent you maintain a legal
right to do so notwithstanding this Agreement; (3) filing, testifying, participating in or otherwise assisting
in a proceeding relating to the alleged violation of any federal, state, or local law, regulation, or rule, to
the extent you maintain a legal right to do so notwithstanding this Agreement; or (4) filing, testifying,
participating in or otherwise assisting the Securities and Exchange Commission or any other proper
authority in a proceeding relating to allegations of fraud.
V. Consideration Given to Executive
In exchange for agreeing to be bound by the terms, conditions, and restrictions stated in this Agreement,
Freddie Mac will provide the Executive with employment as Senior Vice President-Investments and
Capital Markets, which itself is adequate consideration for Executive’s agreement to be bound by the
provisions of this Agreement.
VI. Reservation of Rights
Executive agrees that nothing in this Agreement constitutes a contract or commitment by Freddie Mac to
continue Executive’s employment in any job position for any period of time, nor does anything in this
Agreement limit in any way Freddie Mac’s right to terminate Executive’s employment at any time for
any reason.
VII. Compliance with the Code of Conduct and Corporate Policies & Procedures, Including
Personal Securities Investments Policy
As a Freddie Mac employee, Executive will be subject to Freddie Mac’s Code of Conduct (“Code”) and
to Corporate Policy 3-206, Personal Securities Investments Policy (“Policy”) that, among other things,
limit the investment activities of Freddie Mac employees. Executive agrees to fully comply with the
Code and the Policy, copies of which are enclosed for Executive’s review.
Executive agrees to consult with Freddie Mac’s Chief Compliance Officer as soon as practical prior to
beginning employment about any investments that Executive or a “covered household member,” as that
term is defined in the Policy, may have that may be prohibited by the Policy. Executive also agrees to