First Amendment to Anywhere Real Estate Inc. Severance Pay Plan for Executives
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Summary
This amendment updates the Anywhere Real Estate Inc. Severance Pay Plan for Executives, effective February 1, 2023. It changes the payment schedule in Section 3.4(c) from twelve equal monthly installments to twenty-four equal biweekly installments. The amendment applies to executives covered by the Severance Plan and adjusts how severance payments are distributed, but does not otherwise alter the plan's terms.
EX-10.52 3 ex1052firstamendmenttoseve.htm ANYWHERE REAL ESTATE INC FIRST AMENDMENT TO SEVERANCE PAY PLAN FOR EXECUTIVES Document
EXHIBIT 10.52
FIRST AMENDMENT TO THE ANYWHERE REAL ESTATE INC.
SEVERANCE PAY PLAN FOR EXECUTIVES
The Anywhere Real Estate Inc. Severance Pay Plan for Executives (the “Severance Plan”) is hereby amended as follows effective as of February 1, 2023:
1. Section 3.4(c) of the Severance Plan is hereby amended by deleting the phrase “twelve (12) equal monthly installments” therein and substituting the phrase “twenty-four (24) equal biweekly installments” in its place.
