Addendum to Employment Offer Letter Between Wyndham Worldwide Corporation and Thomas Anderson (March 23, 2009)

Summary

This addendum letter, effective January 1, 2009, is an agreement between Wyndham Worldwide Corporation and Thomas Anderson. It modifies Anderson's original employment offer letter by confirming that he will not be eligible for a bonus modifier in 2009 or any future year. All other terms and conditions of the original offer letter remain unchanged.

EX-10.1 2 y76920exv10w1.htm EX-10.1 EX-10.1
Exhibit 10.1
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 WORLWIDE 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