Company: HOUS
Filing Date: 2025-12-02
Form Type: DEFM14A
Source: 0001628280-25-054793
Chunk: 153

Company: Anywhere Real Estate Inc.
Filing Date: 2025-12-02
Form: DEFM14A
Chunk 153
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 of control, such executive officer’s employment is terminated by Anywhere without cause or by such executive officer for good reason, such executive officer will be entitled to receive the

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following severance payments and benefits, subject to the executive officer’s continued compliance with applicable restrictive covenants and execution and non-revocation of a release of claims in favor of Anywhere:

• an amount equal to two times the sum of the executive officer’s annual base salary and annual incentive award at target, payable in a lump sum in the first regular payroll occurring following the 60 th day following the executive officer’s termination;

• a prorated annual incentive award, (a) in the case of Mr. Schneider, based on actual performance, payable at the same time Anywhere pays its annual incentive awards in respect of the full annual performance period, and (b) in the case of other executive officers, based on such executive officer’s target opportunity, payable in a lump sum in the first regular payroll occurring following the 60 th day following the executive officer’s termination;

• the continuation of medical and dental benefits, subsidized to the same as extent as for active employees, for up to 18 months; and

• outplacement services for a period of up to twelve months, the value of such services not to exceed $50,000.

Mr. Schneider’s employment agreement and the Anywhere Change in Control Plan for Executives also provide that if the executive officer experiences a qualifying termination prior to a change in control (but, only if a change in control occurs) and such termination is determined to be in connection with or in anticipation of a change in control or is at the request or direction of a person who has entered into an agreement with Anywhere, the consummation of which would constitute a change in control, Anywhere will provide the executive officer with change in control severance payments set forth above rather than the executive officer’s non-change in control severance benefits.

Anywhere plans to adopt a change in control severance plan for certain of its senior employees, including Mr. Gustavson. The plan is expected to provide that, if within 18 months following the effective time (or 12 months following the effective time for certain participants), such participant’s employment is terminated by Anywhere without cause or by such participant for good reason, such participant will be entitled to receive the following severance payments and benefits, subject to the participant’s continued compliance with applicable restrictive covenants and execution and non-rev