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This excerpt taken from the C 10-Q filed Aug 7, 2009. DURATION AND REASON FOR ASSIGNMENT
It is anticipated that the length of your assignment to fill a specific need with Asia Pacific Region including Japan as a Chief Executive Officer will not exceed three years, subject to business needs and circumstances in each case, and to the notice
provisions set out in this letter below. If your assignment extends beyond three years, during the fourth year, your business in its sole discretion may extend your expatriate assignment or begin to explore other options, including but not limited to, termination of your assignment (see notice provisions below). Citigroup may, on termination of your assignment, at its sole discretion, offer you the opportunity to either become a local employee, repatriate to your original sending country, or take another expatriate assignment in another country.
This letter is not an employment contract or a guarantee to employ you for any definite period of time or at any place at any time. To the extent legally permissible, your employment at all times is on an “at-will” basis.
This excerpt taken from the C 10-Q filed May 11, 2009. DURATION AND REASON FOR ASSIGNMENT
It is anticipated that the length of your assignment to fill a specific need with Asia Pacific Region including Japan as a Chief Executive Officer will not exceed three years, subject to business needs and circumstances in each case, and to the notice
provisions set out in this letter below. If your assignment extends beyond three years, during the fourth year, your business in its sole discretion may extend your expatriate assignment or begin to explore other options, including but not limited to, termination of your assignment (see notice provisions below). Citigroup may, on termination of your assignment, at its sole discretion, offer you the opportunity to either become a local employee, repatriate to your original sending country, or take another expatriate assignment in another country.
This letter is not an employment contract or a guarantee to employ you for any definite period of time or at any place at any time. To the extent legally permissible, your employment at all times is on an “at-will” basis.
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