EMPLOYMENT AGREEMENTEmployment Agreement • March 29th, 2016 • Avis Budget Group, Inc. • Services-auto rental & leasing (no drivers) • New Jersey
Avis Budget Group, Inc. (the “Company”) and David B. Wyshner (the “Executive”) are parties to this certain Employment Agreement amended and restated as of March 28, 2016 (the “Agreement”).
AVIS BUDGET GROUP, INC.Avis Budget Group, Inc. • March 29th, 2016 • Services-auto rental & leasing (no drivers)
Reference is made to your employment agreement with Avis Budget Group, Inc. (the “Company”) on April 17, 2014 (the “Agreement”) pursuant to which you may become entitled to severance benefits from the Company under certain circumstances. The Company now wishes to amend the Agreement to reduce certain of the severance benefits to which you may become entitled upon certain qualifying terminations of employment as specified in the Agreement. If the provisions of this amendment (as set forth below) are acceptable to you, please sign and date one copy of this amendment in the space provided at the end of this letter and return the same to Jean Sera, Senior Vice President and Corporate Secretary of Avis Budget Group, Inc., for the Company’s records.
