Amendment to Employment Agreement between Walter Investment Management Corp. and Stuart D. Boyd

Summary

Walter Investment Management Corp. and Stuart D. Boyd have agreed to amend Boyd's employment contract, originally effective April 28, 2010. The amendment sets Boyd's target bonus at a minimum of 65% of his base salary, with the possibility of increasing up to 130%. All other terms of the original agreement remain unchanged. This amendment was signed on November 4, 2011.

EX-10.4 5 b87822exv10w4.htm EX-10.4 exv10w4

Exhibit 10.4

AMENDMENT TO EMPLOYMENT CONTRACT

This Amendment to Employment Agreement (“Amendment”) is entered into this 4th day of November, 2011 by and between Walter Investment Management Corp. (“WIMC”) and Stuart D. Boyd (“Employee”). If not specifically defined in this Amendment, all capitalized terms used herein shall have the meaning ascribed to it in the Agreement as defined below.

WHEREAS, WIMC and Employee entered into a contract of employment effective April 28, 2010 (the “Agreement”), and

WHEREAS, the parties thereto wish to amend the Agreement as set forth herein,

IT IS HEREBY AGREED AS FOLLOWS:

	1.		Employee’s target bonus as set forth in Section 2.b. of the Agreement shall be, at a minimum, 65% of Base Salary with the potential for increase to 130% of Base Salary.

	2.		All other terms and conditions of the Agreement, as modified to date by WIMC’s Compensation and Human Resources Committee, shall remain in full force and effect.

The foregoing is hereby agreed to this 4^th day of November, 2011.

WALTER INVESTMENT MANAGEMENT CORP.



By:



Stuart D. Boyd