AMENDMENT AGREEMENT
This Amendment Agreement is being entered into effective February 6, 2018 between AllianceBernstein L.P. (“AB”) and Xxxxx Xxxxxxxx (“Xxxxxxxx”) to amend the letter agreement dated February 13, 2017 between AB and Xxxxxxxx (the “Letter Agreement”).
In consideration of Xxxxxxxx’x contribution to the transition process to AB’s new leadership, AB and Xxxxxxxx hereby agree to amend the Letter Agreement by adding at the end of the first paragraph thereof the following sentence:
In addition, when you retire from AB, AB will enter into a retirement agreement with you in a form similar to the retirement agreements of other recently retired partners, including a provision that your retirement will be treated as a “termination without cause” with respect to the continued vesting of deferred awards under your Incentive Compensation Award Program Award Agreements.
In all other respects, the Letter Agreement shall remain unchanged.
Executed on February 6, 2018.
By: /s/ Xxxx Xxxxxxxxx
Xxxx Xxxxxxxxx
Chief Executive Officer
/s/ Xxxxx Xxxxxxxx
Xxxxx Xxxxxxxx