Amendment to Employment Agreement between Better Home & Finance Holding Company and Kevin Ryan
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Summary
This amendment updates the employment agreement between Better Home & Finance Holding Company and Kevin Ryan, originally dated April 5, 2022. The main change allows Kevin Ryan's work location to be in Palm Beach, Florida, or another mutually agreed location, instead of New York, NY. All other terms of the original agreement remain unchanged. The amendment is governed by New York law and is effective as of April 5, 2022.
EX-10.31 3 better-amendmenttoemployme.htm EX-10.31 Document
March 29, 2024
Kevin Ryan
Address on File with the Company
Re: Amendment to Employment Agreement
Dear Kevin:
Reference is made to the Employment Agreement by and between Better Home & Finance Holding Company (f/k/a Better Holdco, Inc., the “Company”) and you, dated as of April 5, 2022 (the “Employment Agreement”). By this letter (this “Amendment”), you and the Company acknowledge the amendment of the Employment Agreement, effective as of April 5, 2022. Capitalized terms not defined herein shall have the meaning ascribed to them in the Employment Agreement.
1. The reference to “at the Company’s offices in New York, NY” in Section 4 of the Employment Agreement is hereby replaced by “in Palm Beach, Florida or such other location as mutually agreed between you and the Company”.
2. Except as amended hereby, the terms and provisions of the Employment Agreement shall remain in full force and effect.
3. This Amendment may be executed in any number of counterparts and by facsimile or .pdf, all of which shall constitute one original instrument.
4. The rights and obligations of the parties hereto shall be governed by the laws of the State of New York, without regard to principles of conflict of laws.
[Signature Page Follows]
BETTER HOME & FINANCE HOLDING COMPANY | |||||
By: | /s/Paula Tuffin | ||||
Name: | Paula Tuffin | ||||
Tite: | General Counsel, Chief Compliance Office and Secretary |
Accepted and Agreed: | |||||
/s/Kevin Ryan | |||||
By: | Kevin Ryan |
[Signature Page to Employment Agreement Amendment]