Written authorization for Employer to make the withholdings from CEOs compensation as provided by this paragraph.ĥ. Execution of this Agreement by CEO shall constitute All payments shall be subject to required, or authorized, withholding. Incentive Bonus, if any, shall be payable in one payment within sixty (60) days of the end of the fiscal year of Employer. CEOs Base Salary shall be payable in twice-monthly installments on the last and fifteenth (15 th ) day of each month (or the first preceding business day, if such day is not a business day), less applicable withholding and authorized deductions. Subject to change when and if Employer changes benefit plans and policies generally. The Regular Fringe Benefits shall be initially as set forth in Exhibit 1, but shall be CEO shall not participate prospectively in theĭeferred compensation plan known as the Mutual Commitment Plan, but the balances now existing shall be paid to CEO in accordance with the terms of such Plan. Incentive Bonus, and shall participate in the Regular Fringe Benefits, the Nonqualified Supplemental Defined Benefits Plan, and the CEO Deferred Compensation Plan, all as described in Exhibit 1. As compensation for all services by CEO under this Employment Agreement, CEO shall be paid a Base Salary and a CEO Terms ending on the date of each Annual Meeting after the date hereof, unless and until either party shall give the other not later than ten days after the Annual Meeting of their intent either: (i) to terminate employment or (ii) to convert theĮmployment relationship to that of employment at will. Termination of CEOs employment shall be as provided in Section 8.Ĥ.

CEO shall be employed for unlimited number of successive annual Term of Employment or Employment at Will. CEO shall be informed of the base salary for each calendar year to be paid hereunder as part of such review process.ģ. The annual meeting of the Board (the ∺nnual Meeting). Such review shall be completed and communicated to CEO between the end of Employers fiscal year and The agreements contained herein are in consideration of CEOs continued employment, and are in place of all previously established agreements and understandingsĬEOs performance shall be reviewed each year by the Board of Directors of Employer (the ∻oard), or by a committee thereof. Employer employs CEO, and CEOĪccepts full-time employment, upon the terms and conditions of this Agreement.

CHIEF EXECUTIVE OFFICER EMPLOYMENT AGREEMENTĪGREEMENT dated February 22, 2002, between FCStone, LLC (the ∾mployer) and Paul G.

Fcstone ceo