Home Depot 2015 Annual Report Download - page 82

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Page 9 of 11
14. Future Employment. The payments in this Agreement are in consideration for Executive's release of claims,
including claims for lost future earnings. Accordingly, Executive hereby understands and agrees that the Executive
will not be re-employed by Company, its subsidiaries, affiliates, parents or related entities in the future and that
Executive will never knowingly apply to Company, its subsidiaries, affiliates, parents or related entities for any job
or position in the future.
15. Non-Interference and Right to Participate in Agency Proceedings. Nothing in this Agreement is intended to
interfere with Executive’s right to report possible violations of law or regulation to, file a charge or cooperate with,
or participate in an investigation or proceeding conducted by, any governmental agency or entity, including the
Securities and Exchange Commission, the U.S. Equal Employment Opportunity Commission, a state Fair Employment
Practices Agency, or any other federal, state, or local regulatory or law enforcement agency. However, the consideration
provided to Executive in this Agreement shall be the sole relief provided to Executive for the claims that are released
by the Executive in this Agreement, and Executive expressly acknowledges and agrees to waive, surrender, and give
up any personal monetary benefits or recovery against Company or any other of the released entities in connection
with any such claim, charge, or proceeding without regard to how the charge, investigation, or proceeding was initiated.
16. Severability and Modification of Provisions. If any of the provisions of this Agreement involving Executive’s
post-employment activities should ever be held by a court of competent jurisdiction to exceed the scope permitted by
applicable law, or otherwise be deemed to be legally invalid or unenforceable, such provision or provisions shall be
automatically modified to such lesser scope as such court may deem just and proper for the reasonable protection of
the Company’s legitimate business interests. In the event such provision or provisions cannot be modified to be
enforceable, the affected provision shall be stricken from the Agreement, and the remaining terms, provisions,
covenants, and restrictions contained in this Agreement shall remain unaffected and will in no way be affected,
impaired, or invalidated.
17. Right to Revoke This Agreement. Executive may revoke this Agreement in writing within seven (7) days of
signing it by sending written notice of revocation to Company’s Executive Vice President, Human Resources. The
Agreement will not take effect until the Effective Date. If Executive revokes this Agreement, all of its provisions
shall be void and unenforceable.
18. Effective Date. The Effective Date shall be the day after the end of the seven day period for revocation
described in the paragraph titled Right to Revoke This Agreement.
19. Non-Assignment by Executive; Successor and Assigns. Executive represents and warrants that as of the date
of this Agreement the Executive has not assigned or transferred, or purported to assign or transfer, to any person, firm,
corporation, association or entity whatsoever any released claim. Executive hereby agrees to indemnify and hold
Company harmless against, without any limitation, any and all rights, claims, warranties, demands, debts, obligations,
liabilities, costs, court costs, expenses, including attorneys' fees, causes of action or judgments based on or arising
out of any such assignment or transfer. The terms of this