EX-10.2
from 8-K
3 pages
In Consideration of Your Commitment to Continue Your Employment With CalAtlantic Group, Inc. (The “Company”), Through the Consummation of the Transactions Contemplated by That Certain Agreement and Plan of Merger, Dated October 29, 2017 (The “Merger Agreement”) Between the Company and Lennar Corporation (“Lennar”), the Company Is Offering You the Following Retention Benefit in the Event That You Remain Employed by the Company as Provided for Below Through the Closing Date (As Such Term Is Defined in the Merger Agreement), or Your Employment Is Terminated Prior to the Closing Date by the Company Without “Cause” (As Defined Below) at the Request of Lennar. if the Closing Date Does Not Occur on or Prior to December 31, 2018, This Agreement Will Be Null and Void, and You Will Not Be Entitled to Any of the Payments or Benefits Described Below. This Letter (This “Agreement”) Confirms the Agreement Between You and the Company on the Following Terms: 1. Retention Payment
12/34/56
EX-10.2
from DFAN14A
3 pages
In Consideration of Your Commitment to Continue Your Employment With CalAtlantic Group, Inc. (The “Company”), Through the Consummation of the Transactions Contemplated by That Certain Agreement and Plan of Merger, Dated October 29, 2017 (The “Merger Agreement”) Between the Company and Lennar Corporation (“Lennar”), the Company Is Offering You the Following Retention Benefit in the Event That You Remain Employed by the Company as Provided for Below Through the Closing Date (As Such Term Is Defined in the Merger Agreement), or Your Employment Is Terminated Prior to the Closing Date by the Company Without “Cause” (As Defined Below) at the Request of Lennar. if the Closing Date Does Not Occur on or Prior to December 31, 2018, This Agreement Will Be Null and Void, and You Will Not Be Entitled to Any of the Payments or Benefits Described Below. This Letter (This “Agreement”) Confirms the Agreement Between You and the Company on the Following Terms: 1. Retention Payment
12/34/56