WCI COMMUNITIES, INC. 24301 Walden Center Drive Bonita Springs, FL 34134Letter Agreement • December 23rd, 2016 • WCI Communities, Inc. • Operative builders
This letter agreement (the “Letter Agreement”), entered into as of the date hereof (the “Effective Date”), confirms certain understandings between WCI Communities, Inc. (the “Company”) and you with respect to your bonus under the 2016 Management Incentive Compensation Plan (the “2016 MICP”). You are currently eligible to receive a bonus (your “2016 MICP Bonus”) under the 2016 MICP with a target bonus opportunity equal to $1,600,000 (the “Target Bonus Amount”). The Company and you hereby agree as follows with respect to your 2016 MICP Bonus:
