AMERICAN RESIDENTIAL PROPERTIES, INC. AMENDED AND RESTATED EXECUTIVE SEVERANCE AND CHANGE IN CONTROL VESTING AGREEMENT (Jay Byce)Executive Severance and Change in Control Vesting Agreement • January 6th, 2015 • American Residential Properties, Inc. • Real estate investment trusts • Arizona
This agreement, entered into as of December 23, 2014 by and between the Company and the Executive for good and valuable consideration, the receipt of which is mutually agreed and acknowledged by the Company and the Executive, amends and restates the Initial Severance Agreement in its entirety solely to revise Section 8.18 with respect to the parachute payment provision and is effective as of the Effective Date (this “Agreement”).
