Extension of Employment Agreement between NVR, Inc. and Daniel D. Malzahn
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Summary
NVR, Inc. and Daniel D. Malzahn have agreed to extend the term of their existing employment agreement through December 31, 2025. No other terms of the original agreement are changed. Both parties have signed to confirm this extension.
EX-10.2 3 ex102-extensionofemplo.htm EX-10.2 Document
November 4, 2020
Daniel Malzahn
[Address on File]
Re: Extension of Employment Agreement
Dear Dan:
This letter confirms our agreement that the Amended and Restated Employment Agreement dated November 4, 2015 (the “Agreement”) between NVR, Inc. and you will be extended, pursuant to Sections 2 and 8.3 of the Agreement, through December 31, 2025, with no other changes made to the Agreement. Kindly sign below to confirm your agreement to this extension.
Sincerely,
/s/ Gary Brown
Gary Brown
Senior Vice President, Human Resources
Agreed and accepted:
/s/ Daniel D. Malzahn
Daniel D. Malzahn
Dated: November 4, 2020