America Online 2010 Annual Report Download - page 209

I agree that I have been paid and/or received all leave (paid or unpaid), compensation, wages, bonuses, severance or termination pay, commissions, notice
period, and/or benefits to which I may have been entitled and that no other remuneration or benefits are due to me, except the benefits I will receive under
paragraph 5.A. of my Agreement effective May 13, 2010. I affirm that I have had no known workplace injuries or occupational diseases. I also represent that I
have disclosed to the Company any information I have concerning any fraudulent or unlawful conduct involving the persons and entities I am releasing
herein.
Pursuant to the OWBPA, I acknowledge and warrant the following: (i) that I am waiving rights and claims for age discrimination under the ADEA and
OWBPA, in exchange for the consideration described above, which is not otherwise due to me; (ii) I am hereby advised to consult and have had the
opportunity to consult with an attorney before signing this Release and Waiver; (iii) I am not waiving rights or claims for age discrimination that may arise
after the effective date of this Release and Waiver; (iv) I have been given a period of at least twenty-one (21) days in which to consider this Release and
Waiver and the waiver of any claims I have or may have under law, including my rights under the ADEA and OWBPA, before signing below; and (v) I
understand that I may revoke the waiver of my age discrimination claims under the ADEA and OWEPA within seven (7) days after my execution of this
Release and Waiver, and that such waiver shall not become effective or enforceable until seven (7) days after the date on which I execute this Release and
Waiver. Any such revocation must be made in writing and delivered by certified mail to both the Chairman & Chief Executive Officer and the General
Counsel of AOL Inc., at the following address: AOL Inc., 770 Broadway, New York, New York 10003. If I do not revoke my waiver of my age
discrimination claims under the ADEA and OWBPA according to the terms herein within seven (7) days, the eighth day following my execution will be the
"effective date" of this Release and Waiver.
By signing below, I acknowledge that I have carefully reviewed and considered this Release and Waiver; that I fully understand all of its terms; and that I
voluntarily agree to them.
Alex Gounares
Date [ ]
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