Company: DRH-PA
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0001298946-25-000038
Chunk: 75

Company: DiamondRock Hospitality Co
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 75
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ger Separation Agreement and the Brugger Severance Agreement. In lieu of his 2024 equity grant, the time-based portion of which would have accelerated upon Mr. Brugger's termination without cause, and the performance-based portion of which would have continued with a payout of 100% of target, Mr. Brugger received a $3,500,000 cash payment.

#### Mr. Furbay Separation Agreement
Mr. Furbay's termination was a termination without cause effective as of April 15, 2024. In connection with Mr. Furbay's termination, the Company and Mr. Furbay entered into a General Release Agreement (the "Furbay Separation Agreement"), which reiterated the severance benefits to which he was entitled under his Severance Agreement dated April 9, 2014 (the "Furbay Severance Agreement"). Under the Furbay Separation Agreement, Mr. Furbay received a lump sum severance payment in the amount of $2,128,000, a prorated annual bonus payment in the amount of $154,076, subsidized health benefits for a period of 18 months with a value of $50,306, and the service-based vesting of his outstanding RSU awards. Pursuant to the terms of the PSU awards, Mr. Furbay remains eligible to earn 100% of the target PSUs on their original vesting dates, subject to his adherence to the restrictions, covenants and promises in the Furbay Separation Agreement and the Furbay Severance Agreement. In lieu of his 2024 equity grant, the time-based portion of which would have accelerated upon Mr. Furbay's termination without cause, and the performance-based portion of which would have continued with a payout of 100% of target, Mr. Furbay received an additional $1,025,000 cash payment. The Company also provided payment of up to $10,000 for legal expenses, of which $7,141 was actually paid.

#### DiamondRock Hospitality602025 Proxy Statement
| Executive Officer Compensation Summary |

#### Mr. Tennis Retirement Agreement
In connection with Mr. Tennis’ retirement as our General Counsel, the Company and Mr. Tennis entered into a Retirement Agreement (the “Tennis Retirement Agreement”) pursuant to which Mr. Tennis’s last day of full-time employment as an executive officer was June 30, 2024. Pursuant to the Tennis Retirement Agreement, Mr. Tennis then served as