Addendum No. 2 to Employment Letter Agreement between Wyndham Worldwide Corporation and Thomas F. Anderson

Summary

This addendum, effective January 1, 2009, is between Wyndham Worldwide Corporation and Thomas F. Anderson. It modifies the previous employment offer letter by confirming that Mr. Anderson will not be eligible for a bonus modifier in 2009 or any future year. All other terms of the original offer letter remain unchanged. Both parties have agreed to these updated terms.

EX-10.27 3 wyn-ex1027_20141231x10k.htm ADDENDUM NO.2 TO EMPLOYMENT LETTER AGREEMENT WITH THOMAS F. ANDERSON WYN-EX10.27_2014.12.31-10K

Exhibit 10.27

March 23, 2009

Thomas Anderson

4 Arrowhead Trail

Sparta, NJ 07871

Dear Tom:

Reference is made to the letter regarding your employment with Wyndham Worldwide Corporation (the “Company”), dated March 24, 2008 (the “Original Letter”), and the addendum letter dated December 31, 2008, regarding the clarification of certain terms in the Original Letter (together with the Original Letter, the “Offer Letter”).

This addendum letter hereby confirms that, effective as of January 1, 2009, notwithstanding anything to the contrary in the Offer Letter, you will not be eligible for a bonus modifier in 2009 or any subsequent year. Except as provided herein, all terms and conditions set forth in the Offer Letter shall remain in effect.

Regards,

WYNDHAM WORLDWIDE CORPORATION

By: /s/ Stephen P. Holmes

Name: Stephen P. Holmes

Title: Chairman and Chief Executive Officer

Understood, accepted and agreed to as of March 23, 2009

/s/ Thomas Anderson

Thomas Anderson