RETIREMENT AGREEMENT AND GENERAL RELEASERetirement Agreement • June 5th, 2020 • Hovnanian Enterprises Inc • Operative builders • New Jersey
This Retirement Agreement and General Release (the “Agreement”) is dated as of May 18, 2020. K. Hovnanian Companies, LLC (referred to throughout this Agreement, together with Hovnanian Enterprises, Inc. and their respective affiliates, as “Employer” or “Hovnanian”), and Lucian Theon Smith III (referred to throughout this Agreement as “Employee”), agree that:
