AvalonBay Communities, Inc. Arlington, VA 22203 June 27, 2019Avalonbay Communities Inc • July 1st, 2019 • Real estate investment trusts
Congratulations on your upcoming retirement from AvalonBay. This letter agreement (this “Agreement”) between Stephen W. Wilson, his heirs, executors, administrators, successors, and assigns (collectively referred to throughout this Agreement as “you” or “Employee”) and AvalonBay Communities, Inc. (the “Company” or “Employer,” which, for purposes of this Agreement, includes its related or affiliated entities) sets forth the terms of your retirement from the Company. This Agreement shall not become effective or enforceable (i) until the expiration of the revocation period described in Section 16, (ii) unless you sign and return this agreement no later than the 22nd day after the date hereof (after such date, the offer of this Agreement will expire), and (iii) unless the revocation period described in Section 16 expires no later than the 30th day after the Retirement Date referred to herein.
