Employment Agreement Promotion

18 septembre 2021

Congratulations on your recent promotion to Senior Vice President and Chief Accountant. In this context, and taking into account the reciprocal commitments contained therein and for other good and valuable counterparties whose maintenance and suitability are confirmed, Tree.com, Inc. (« Company ») and you agree as follows (« Agreement »): Employers sometimes use a promotion or salary increase to introduce new and more restrictive employment contracts. This is an additional reason for you to consult with yourself before signing, in order to understand the broader legal context of what you are supposed to sign. The court will essentially determine that the original employment contract is not enforceable due to the diversity of the substrate of the employment contract or the underlying content. . . .