Hertz 2014 Annual Report Download - page 316

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16. Acceptance; Consideration of Agreement. MacDonald further acknowledges that he has been provided twenty-one
(21) days to consider and accept this Agreement from the date it was first given to him, although he may accept it at any time within
those twenty-one (21) days.
17. Revocation. MacDonald further acknowledges that he understands that he has seven (7) days after signing the
Agreement to revoke it by delivering to Thomas J. Sabatino, Jr., The Hertz Corporation, 999 Vanderbilt Beach Road, 3rd Floor,
Naples, Florida 34108, written notification of such revocation within the seven (7) day period. If MacDonald does not revoke the
Agreement, the Agreement will become effective and irrevocable by him on the eighth day after he signs it (the “Effective Date”). If
MacDonald revokes this Agreement, MacDonald hereby acknowledges and agrees that this Agreement shall be null and void and of
no further force and effect, and his termination of employment shall be treated as a resignation by him without Good Reason for all
purposes.
18. Legal Counsel. MacDonald acknowledges that he understands that he has the right to consult with an attorney of his
choice at his expense to review this Agreement and has been encouraged by the Companies to do so.
* * * * * *
[Remainder of page intentionally blank.
Signatures to Agreement are set forth on the following pages.]
9
Source: HERTZ GLOBAL HOLDINGS INC, 10-K, July 16, 2015 Powered by Morningstar® Document Research
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