SEPARATION AGREEMENT, RELEASE AND WAIVER

Noncompetition. In consideration of the covenants and agreements of the Company herein contained, the payments to be made by the Company pursuant to this Separation Agreement, the positions of trust and confidence Employee occupied with the Company and the information of a highly sensitive and confidential nature obtained as a result of such positions, Employee agrees that, from the Separation Date and for 18 months thereafter, Employee will not, directly or indirectly, either as an employee, employer, consultant, agent, principal, partner, stockholder, corporate officer, director or in any other individual or representative capacity, engage in any business which is competitive with any portion of RR Donnelley’s business that has more than $25 million of revenues on the Separation Date, in the geographic areas covered by such businesses. The Company agrees that Employee may, however, own stock or the rights to own stock in a company, whether or not a competitor, that is publicly owned and regularly traded on any national exchange or in the over-the-counter market, so long as (i) Employee’s holdings of stock or rights to own stock do not exceed 1% of the capital stock entitled to vote in the election of directors and (ii) the combined value of the

stock or rights to acquire stock does not exceed Employee’s gross annual earnings from RR Donnelley.

Nonsolicitation of Employees. Employee shall not for a period of 18 months from the Separation Date, either directly or indirectly solicit, induce or encourage any RR Donnelley employee(s) to terminate their employment with

the Company or to accept employment with any other employer, nor shall Employee cooperate with any others in doing or attempting to do so. As used herein, the term “solicit, induce or encourage” includes, but is not limited to, (i) initiating communications with an employee of the Company employee relating to possible employment, (ii) offering bonuses or additional compensation to encourage employees of the Company to terminate their employment with RR Donnelley and accept employment with any other employer, or (iii) referring RR Donnelley employees to personnel or agents employed by competitors, suppliers or customers of RR Donnelley.

All 65,800 unvested restricted stock units and 11,812 unvested restricted shares held by Employee will fully vest on the Separation Date and the

126,000 vested stock options will remain exercisable for the period specified in the stock option award agreement or underlying equity plan.

Release of Claims. For and in consideration of the separation payments and other things of value to be provided pursuant to this Separation Agreement, Employee agrees, knowingly and voluntarily, that by executing this Separation Agreement that he releases and forever discharges the Company and the current and former

shareholders, employees, officers, directors, benefit plans, benefit plan fiduciaries, benefit plan administrators, consultants, representatives and agents thereof, of and from any and all claims, liabilities, demands or causes of action known and unknown, that Employee has had or now has, arising through the date of this Separation Agreement, with respect to any and all of the following, except Employee does not hereby waive any claims that cannot be waived under applicable law. This Separation Agreement does not waive or otherwise impair any vested rights Employee may have under the terms of any tax-qualified retirement plan, stock option plan or any other equity award agreement. Employee hereby acknowledges that it is his responsibility to review any equity award agreement(s) to determine termination dates of his rights thereunder.

Notices. All notices or communications under this Separation Agreement must be in writing, addressed; (i) if to the Company, to the attention of the Senior Vice

President, Human Resources, 111 South Wacker Drive, Chicago, IL 60606-4301 and (ii) if to Employee, at Employee’s last known address (or to any other addresses as either party may designate in a notice duly delivered as described in this paragraph). Any notice or communication shall be delivered by fax (with proof of transmission), by hand or by courier (with proof of delivery). Notices and communications may also be sent by certified or registered mail, return receipt requested, postage prepaid, addressed as above and the third business day after the actual date of mailing shall constitute the time at which notice was given.

claims against the Company based upon alleged violation(s) of any statute, regulation, or ordinance, whether federal, state or local, or based on any other federal, state or local law, including but not limited to, any and all claims under the Americans with Disabilities Act, 42 U.S.C. § 12101 (including the Older Workers Benefit Protection Act), et seq.; the Age Discrimination in

Employment Act, as amended, 29 U.S.C. § 621, et seq.; Title VII of the Civil Rights Act of 1964, as amended, 42 U.S.C. § 2000e, et seq.; the Civil Rights Act of 1991, P.L. 102-166, 105 Stat. 1071, et seq.; 42 U.S.C. § 1981; the Fair Labor Standards Act, 29 U.S.C. § 201, et seq.; the Employee Retirement Income Security Act of 1974, as amended, 29 U.S.C. § 1001, et seq.; the Equal Pay Act, 29 U.S.C. § 206(d), et seq.; the Worker Adjustment and Retraining Notification Act, 29 U.S.C. § 2101, et seq.; Sarbanes Oxley Act of 2002, 18 U.S.C. § 1514, et. seq.; and any other federal, state, or local laws touching upon the employment relationship;