Amendment to the Hertz Global Holdings, Inc. Severance Plan for Senior Executives
EX-10.10.4 9 a2015hgh10-kexhibit10104.htm EXHIBIT 10.10.4 Exhibit
Amendment to the
Hertz Global Holdings, Inc.
Severance Plan for Senior Executives
Hertz Global Holdings, Inc. currently maintains the Hertz Global Holdings, Inc. Severance Plan for Senior Executives (the “Plan”). Pursuant to the powers of amendment in Section 7.01 of the Plan, effective as of February 25, 2016, Hertz Global Holdings, Inc. hereby amends the Plan in the following manner:
Annex A of the Plan is amended and restated to read as follows:
Annex A
Positions | Severance Factor | Severance Period |
Group President RAC International | 2.0 | 24 months |
Chief Executive Officer, Senior Executive Vice President, Executive Vice President | 1.5 | 18 months |