EMPLOYMENT TRANSITION AGREEMENTEmployment Transition Agreement • October 27th, 2017 • Ventas Inc • Real estate investment trusts • Illinois
This EMPLOYMENT TRANSITION AGREEMENT (“Agreement”) is entered into as of the 25th day of July, 2017 (the “Execution Date”), by and between VENTAS, INC., a Delaware corporation (the “Company”), and Todd W. Lillibridge (“Employee”). The Agreement is effective (the “Effective Date”) as of the earlier of (i) the start date for the Employee’s successor (the “Transition Date”) and (ii) the 14th day of February, 2018, assuming Employee remains employed by the Company through such date. For the avoidance of doubt, the Agreement shall terminate and be of no force and effect if Employee’s employment with the Company terminates prior to the Effective Date.
