Sallie Mae 2015 Annual Report Download - page 201

(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.
(g) I have not suffered any job-related wrongs or injuries, such as any type of
discrimination, for which I might still be entitled to compensation or relief in the future. I have
properly reported all hours that I have worked and I have been paid all wages, overtime, commissions,
compensation, benefits, and other amounts that SLM or any Released Party should have paid me
in the past, other than with respect to any benefit plan terminations or distributions authorized as
of the date of this Agreement and Release.
(h) I intentionally am releasing claims that I do not know I might have and that, with
hindsight, I might regret having released. I have not assigned or given away any of the claims that
I am releasing.