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New words:
commodity, high, mentioned, stabilized
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personnel
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November 4, 2020
Eugene Bredow
[Address on File]
Re: Extension of Employment Agreement
Dear Gene:
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/ Eugene J. Bredow
Eugene J. Bredow
Dated: November 4, 2020