Relocation Assistance and Lease Extension Agreement between Acorda and Enrique Carrazana

Summary

This agreement between Acorda and Enrique Carrazana outlines additional relocation assistance, including a $35,000 increase and an extension of the lease at Windsor at The Gramercy from September 1, 2014, to August 31, 2015. Acorda will cover monthly rent, utilities, and cable/internet expenses during this period. If Carrazana voluntarily leaves the company, he must repay these expenses on a pro-rated basis. The agreement requires Carrazana's acknowledgment and signature to confirm acceptance of these terms.

EX-10.1 2 exhibit_10-1.htm CARRAZANA LETTER exhibit_10-1.htm

EXHIBIT 10.1

October 28, 2014

Dear Enrique:

Acorda has added an additional $35K toward your relocation assistance; this includes extending the lease for the year at the Windsor at The Gramercy (2 Canfield Avenue, White Plains, NY 10601), effective September 1, 2014 through August 31, 2015. During this time the Company is responsible for your monthly rent ($2,420 including the unit, parking space and full use of the community amenities), as well as your Con Edison and Cable/Internet expenses (not included). You may also use your relocation allowance toward travel or any item that is involved under the relocation benefit. Should you voluntarily terminate your employment with the Company, you agree to reimburse the Company for the above expenses on a pro-rated basis. Please sign and date below in acknowledgement of the extension and terms. Do not hesitate to contact me with any questions.

Best regards,

/s/ Denise Duca

Denise J. Duca

Senior Vice President – Human Resources

Signature /s/Enrique Carrazana Date: October 28, 2014