Company: KW
Filing Date: 2025-05-09
Form Type: 424B3
Source: 0001408100-25-000117
Chunk: 116

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-05-09
Form: 424B3
Chunk 116
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 leave in force from time to time. Other forms of paid leave which Executive may be eligible for, depending on the circumstances, include statutory paternity leave and pay, statutory adoption leave and pay, shared parental leave and pay, statutory parental bereavement leave and pay, and (subject to the Company’s discretion) compassionate leave. The Company may replace, amend or withdraw the Company’s policy on any types of leave at any time.

4. Termination of Employment .

(a) Death . Executive’s employment with the Company shall terminate automatically upon Executive’s death during the Term.

(b) Termination Due to Disability . Executive’s employment hereunder may be terminated by the Company due to Executive’s long-term absence arising from a Disability.

(c) Cause . Executive’s employment hereunder may be terminated at any time by the Company, for Cause (as defined below) or without Cause, in accordance with the terms of this Agreement.

(d) Resignation for Good Reason . Executive may voluntarily terminate Executive’s employment hereunder for Good Reason (as defined below).

(e) Without Good Reason . Executive may voluntarily terminate Executive’s employment with the Company hereunder without Good Reason by delivery of a written notice of resignation to the Company setting forth the date of resignation and giving at least thirty (30) days’ advance notice of such resignation. Notwithstanding the foregoing, in the event that Executive terminates his employment without Good Reason, the Company may, in its sole discretion waive any portion of Executive’s resignation notice period (without payment in lieu thereof), provided, however, that the Executive shall remain entitled to any statutory period of notice to which he is entitled by law.

(f) Certain Definitions . For purposes of this Agreement:

(i) “

#### Cause
” shall mean : (A) Executive is convicted of any criminal offence punishable by imprisonment (whether or not such a sentence is actually imposed); (B) Executive has engaged in gross neglect or gross or willful misconduct in carrying out Executive’s duties, which is reasonably expected to result in material economic or material reputational harm to the Company; (C)

Executive materially breaches of any material provision of this Agreement which results in or is reasonably expected to result in a material economic or material reputational harm to the Company, (D) Executive materially violates the Company’s code of conduct or any other Company policy, which results in or is reasonably expected to result in a material economic or material reputational harm to the Company. No act or failure to act, on the part of Executive, shall be considered “willful” unless