Sallie Mae 2015 Annual Report Download - page 182

(4) Additional Representations and Promises: I further acknowledge and agree that:
(a) I will return all SLM and Released Parties’ property in my possession or
control to them.
(b) Other than previously disclosed to SLM’s General Counsel, Deputy General
Counsel, or SLM’s Board of Directors, I hereby represent and warrant that I have not reported any
illegal or potentially illegal conduct or activities to any supervisor, manager, department head,
human resources representative, director, officer, agent or any other representative of SLM, any
member of the legal or compliance departments, or to the Code of Business Conduct hotline and
have no knowledge of any such illegal or potentially illegal conduct or activities. I have disclosed
to SLM any information I have concerning any conduct involving SLM that I have reason to believe
may be unlawful or that involves any false claims to the United States. I promise to cooperate fully
in any investigation SLM undertakes into matters occurring during my employment with SLM. I
understand that nothing in this Agreement and Release prevents me from cooperating with any U.S.
government investigation. In addition, to the fullest extent permitted by law, I hereby irrevocably
assign to the U.S. government any right I might have to any proceeds or awards in connection with
any false claims proceedings against SLM.
(c) If I breach any provisions of this Agreement and Release, I agree that I will
pay for all costs incurred by any Released Parties, or any entities or individuals covered by this
Agreement and Release, including reasonable attorneys’ fees, in defending against my claim and
seeking to uphold my release.
(d) I agree to keep the terms of this Agreement and Release completely
confidential except as may be required or permitted by statute, regulation or court order.
Notwithstanding the foregoing, I may disclose such information as permitted under Section 3 or
Section 6 or to my immediate family and professional representatives, so long as they are informed
and agree to be bound by this confidentiality clause. This Agreement and Release shall not be
offered or received in evidence in any action or proceeding in any court, arbitration, administrative
agency or other tribunal for any purpose whatsoever other than to carry out or enforce the provisions
of this Agreement and Release.
(e) I further agree not to disparage SLM, its business practices, products and
services, or any other entity or person covered by this Agreement and Release.
(f) I understand that SLM in the future may change employee benefits or pay.
I understand that my job may be refilled.