April 4, 2016 Denmar J. Dixon Charlotte, NC 28226 Dear Denmar:Separation Agreement and General • April 6th, 2016 • Walter Investment Management Corp • Mortgage bankers & loan correspondents • Florida
We are pleased that you have accepted the position of Chief Executive Officer and President, and will remain Vice Chairman of the Board of Directors of Walter Investment Management Corp. (the “Company”). This letter (the “Agreement”) is intended to set forth the terms and conditions of your employment with the Company. This Agreement shall be effective retroactively to November 1, 2015, for purposes of your compensation (the “Effective Date”). The term of this Agreement (the “Term”) shall continue until the close of business on December 31, 2016. Thereafter, the Term shall automatically extend annually for one year terms unless and until terminated as provided herein. All capitalized terms that are not defined herein are defined in Appendix 1 hereto.
