Document:

Termination Letter dated January 15, 2009

 Exhibit 10.57 
 EXECUTION COPY 
 KENOSIA FUNDING, LLC 
 January 15, 2009 
 The Bank of New York Mellon 
 101 Barclay Street, 4W 
 Asset-Backed Securities Group 
 New York, New York 10286 
 With a copy to: 
 Realogy Corporation 
 1 Campus Drive 
 Parsippany, New Jersey 07054 
 Cartus Relocation Corporation 
 40 Apple Ridge Road 
 Suite 4C68 
 Danbury, Connecticut 06810 
  

	 	Re:	Secured Variable Funding Note, Series 2002-1  

 Ladies and
Gentlemen: 
 Reference is hereby made to that certain Amended and Restated Indenture (the “Indenture”), dated as of
June 27, 2007, by and between Kenosia Funding, LLC, as Issuer (the “Issuer”) and you, as Trustee (in such capacity, the “Trustee”), Paying Agent, Authentication Agent and Transfer Agent and Registrar.
Capitalized terms used in this letter agreement and not otherwise defined herein shall have the meanings assigned to such terms in the Indenture. 
 This letter agreement memorializes the understanding of the parties hereto with respect to the reduction of the Outstanding Amount, the redemption of the Series 2002-1 Note and the termination of the Indenture, in each case, effective as of
today, January 15, 2009 (the “Effective Date”). 
 The parties hereto agree that the Issuer shall be allowed to redeem
the Series 2002-1 Note by paying the “Final Redemption Amount” (as defined below) on the Effective Date, notwithstanding the limitation set forth in Section 12.02 of the Indenture that the Issuer shall have the option to redeem the
Series 2002-1 Note only after the Outstanding Amount has been reduced to an amount equal to or less than 10% of the Initial Outstanding Amount. The Final Redemption Amount (the “Final Redemption Amount”) equals the sum of
(i) the Outstanding Amount on the Effective Date plus (ii) Monthly Interest for the Effective Date and any Monthly Interest previously due but not distributed to the Series 2002-1 Noteholders plus (iii) all Monthly
Program Fees plus (iv) the Monthly Servicing Fee for the Effective Date plus  

 The Bank of New York Mellon, as Trustee 
 January 15, 2009 
  Page
 2
 
  

 
(v) any amounts owed to the Trustee pursuant to the fee letter, dated as of February 26, 2002, by and between you and the Issuer plus
(vi) any applicable Breakage Amounts plus (vii) any other amounts owed to the Administrative Agent, the Purchaser, the Servicer, the Trustee or any Liquidity Party pursuant to the Indenture or the Note Purchase Agreement. The
parties hereto agree that the Final Redemption Amount is $20,151,983.26. 
 The Issuer hereby agrees, by 12:00 noon New York City time on the
Effective Date, (i) to deposit in the Principal Subaccount an amount, if any, sufficient to ensure that the amount in immediately available funds on deposit in the Principal Subaccount shall equal the Outstanding Amount on the Effective Date
and (ii) to deposit in the Expense Subaccount an amount, if any, sufficient to ensure that the amount in immediately available funds on deposit in the Expense Subaccount shall be not less than the excess of the Final Redemption Amount
over the Outstanding Amount on the Effective Date. 
 You are hereby authorized and directed, as Trustee under the Indenture (and by
your signature below, you hereby agree), to withdraw amounts from the Principal Subaccount and the Expense Subaccount, as appropriate, and distribute such amounts in accordance with Schedule 1 hereto to the accounts previously designated by
the applicable parties for receiving transfers from such subaccounts. These directions are irrevocable, and each of the parties hereto waives all notice, timing or other requirements set forth in any of the Transaction Documents with respect to the
reduction of the Outstanding Amount, the redemption of the Series 2002-1 Note and/or the termination of the Indenture, each as described herein. 
 The Issuer hereby confirms to the other parties hereto that the Issuer has not issued any Notes under the Indenture other than the Series 2002-1 Note, and that Calyon New York Branch (“Calyon”) as Managing Agent on behalf
of Atlantic Asset Securitization LLC (“Atlantic”) is the registered holder of 100% of the Series 2002-1 Note issued under the Indenture. By its signature hereto each of Calyon and Atlantic hereby represent that (i) Calyon is
the sole legal owner of the Series 2002-1 Note; (ii) Atlantic is the sole beneficial owner of the Series 2002-1 Note; (iii) each of Atlantic and Calyon is duly authorized to enter into this letter agreement; and (iv) its authorization
has not been granted or assigned to any other person or entity. Accordingly, each of the Issuer, Calyon and Atlantic hereby consents to this letter agreement and the terms and conditions contemplated hereby, each hereby directs the Trustee to
consent to and accept this letter agreement and each hereby waives any conditions precedent or other requirements set forth in the Indenture to the Trustee’s acceptance of this letter agreement. 
 Each of the parties hereto acknowledge and agree that, upon the payment in full on the date hereof of the amounts payable to each party as set forth on
Schedule 1 hereto, the following actions shall occur, automatically and irrevocably and without the need for any further action on the part of any party hereto: 
 1. The Indenture (except as noted in paragraph 2 below) shall be terminated and discharged in accordance with Section 4.01 thereof, no Purchaser shall have further obligations to fund any Increases under the
Indenture or the Note Purchase Agreement and the parties to each of the Transaction Documents shall be released from any further obligations under the 

  

 2 

 The Bank of New York Mellon, as Trustee 
 January 15, 2009 
  Page
 3
 
  

 
Transaction Documents except for (i) any such obligations which, under the terms of the applicable Transaction Documents, expressly survive the
termination thereof and (ii) any obligations which are expressly described in paragraph 2 below. 
 2. Notwithstanding paragraph 1
above, in the event that any payment of any amount previously paid under the Transaction Documents or paid hereunder to any party hereto (each an “Indemnified Party”), is subsequently avoided under any applicable bankruptcy,
insolvency, receivership or similar law, and as a result of such event, such Indemnified Party is required to return such avoided payment, or any portion of such voided payment, such obligation shall be reinstated in full force and effect.

 3. Except with respect to the obligations expressly surviving termination as described above, the Issuer (the “Releasing
Party”) hereby releases each of the other parties hereto and each of such other parties’ respective shareholders, partners, principals, officers, directors, agents, representatives, affiliates, predecessors, assigns, lawyers and heirs
(the “Released Parties”) from any and all claims, demands, suits, causes of action and liabilities, of any nature whatsoever, known or unknown, fixed or contingent, which the Releasing Party ever had or may have against the Released
Parties, or any of them, arising under or in connection with the Transaction Documents. Conversely, except with respect to the obligations expressly surviving termination or otherwise arising hereafter as described in paragraphs 1 and 2 above, the
Released Parties hereby release the Issuer and its members, managers, officers, directors, agents, representatives, affiliates, predecessors, assigns, lawyers and heirs (the “Issuer Parties”) from any and all claims, demands, suits,
causes of action and liabilities, of any nature whatsoever, known or unknown, fixed or contingent, which the Released Parties ever had or may have against the Issuer Parties, or any of them, arising under or in connection with the Transaction
Documents. 
 4. Upon the Trustee’s receipt of written confirmation from the Administrative Agent (as defined in the Note Purchase
Agreement), which may be by facsimile or electronic mail, that the amounts described on Schedule 1 have been paid and distributed to the appropriate parties, the parties hereto agree that the security interests held by the Trustee pursuant to
the Transaction Documents shall be terminated and the Issuer shall be and is hereby authorized to prepare and file appropriate amendments terminating the financing statements filed to perfect the security interests held by the Trustee pursuant to
the Transaction Documents. The Administration Agent hereby agrees that when it has received sufficient evidence (as determined in its sole discretion) that the amounts described in Schedule 1 have been paid and distributed to the appropriate
parties, it will promptly deliver a written confirmation thereof to the Trustee, which may be by facsimile or electronic mail. Further, and for the avoidance of doubt, upon the Trustee’s receipt of the written confirmation from the
Administrative Agent as described in the first sentence of this paragraph 4, the parties hereto agree that the Deposit Account Control Agreement (the “Control Agreement”), dated as of March 7, 2002, by and among the Issuer, as
Debtor, the Trustee, as Secured Party, Cartus Corporation and The Bank of New York Mellon, as Depository Bank, shall be terminated by the Issuer, in its capacity as the Debtor under the Control Agreement. 
  

 3 

 The Bank of New York Mellon, as Trustee 
 January 15, 2009 
  Page
 4
 
  

 5. Calyon, as Managing Agent, hereby agrees to promptly deliver to the Trustee (to the attention of
Helen Lam at the Trustee’s address written above) for cancellation the Secured Variable Funding Note, Series 2002-1, Registered No. R-4, issued to Calyon, as a Managing Agent for the benefit of its Purchaser Group, dated April 10, 2007,
and the Trustee is hereby authorized to cancel such Note. 
 6. The Bank of New York Melon assumes no responsibility for the correctness of
the recitals contained herein and shall not be responsible or accountable in any way whatsoever for or with respect to the validity, execution or sufficiency of this letter agreement and makes no representations with respect thereto. In entering
into this letter agreement, The Bank of New York Mellon shall be entitled to the benefit of every provision of the Indenture relating to the conduct of or affecting the liability of or affording protection to it in its capacity as Trustee or in any
of its other capacities thereunder. 
 7. THIS LETTER AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE
OF NEW YORK, INCLUDING, WITHOUT LIMITATION, SECTION 5-1401 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK BUT OTHERWISE WITHOUT REFERENCE TO ITS CONFLICT OF LAWS PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER
SHALL BE DETERMINED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 
 8. This letter agreement may be executed in multiple
counterparts by the parties hereto, each of which shall constitute an original and all of which shall constitute one and the same instrument. This letter agreement may also be executed by facsimile and each facsimile signature hereto shall be deemed
for all purposes to be an original signature page. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 
  

 4 

 IN WITNESS WHEREOF, the parties hereto have executed this letter agreement to be executed by their
respective officers thereunto duly authorized, as of the date first above written. 
  

			
	KENOSIA FUNDING, LLC, as Issuer
		
	 By
	 	 /s/ Eric J. Barnes

	 Name:
	 	Eric J. Barnes
	 Title:
	 	Senior Vice President, Chief Financial Officer
	
	CARTUS CORPORATION, as Servicer
		
	 By:
	 	 /s/ Eric J. Barnes

	 Name:
	 	Eric J. Barnes
	 Title:
	 	Senior Vice President, Chief Financial Officer

  

 Signature Page to Kenosia Termination Letter 

			
	CALYON NEW YORK BRANCH,
	 as Administrative Agent, as a Managing Agent and
 as a Committed Purchaser

		
	By:	 	 /s/ Kostantina Kourmpetis

	Name:	 	Kostantina Kourmpetis
	Title:	 	Managing Director
		
	By:	 	 /s/ Sam Pilcer

	Name:	 	Sam Pilcer
	Title:	 	Managing Director
	
	 ATLANTIC ASSET SECURITIZATION LLC,
 as a
Conduit Purchaser

		
	By:	 	 /s/ Kostantina Kourmpetis

	Name:	 	Kostantina Kourmpetis
	Title:	 	Managing Director
		
	By:	 	 /s/ Sam Pilcer

	Name:	 	Sam Pilcer
	Title:	 	Managing Director

  

 Signature Page to Kenosia Termination Letter 

			
	Acknowledged and Agreed:
	
	 THE BANK OF NEW YORK MELLON,
 as Trustee, Paying Agent, Authentication Agent,
 and Transfer Agent and Registrar

		
	By:	 	 /s/ Helen Larn

	Name:	 	Helen Larn
	Title:	 	Assistant Vice President
	
	 THE BANK OF NEW YORK MELLON,
 as Depository
Bank and Secured Party under the Control Agreement

		
	By:	 	 /s/ Helen Larn

	Name:	 	Helen Larn
	Title:	 	Assistant Vice President

  

 Signature Page to Kenosia Termination Letter 

			
	Acknowledged and Agreed:
	
	REALOGY CORPORATION
		
	By:	 	 /s/ Anthony E. Hull

	Name:	 	Anthony E. Hull
	Title:	 	 Executive Vice President,
 Chief Financial Officer and
Treasurer

	
	CARTUS RELOCATION CORPORATION
		
	By:	 	 /s/ Eric J. Barnes

	Name:	 	Eric J. Barnes
	Title:	 	Senior Vice President, Chief Financial Officer

  

 Signature Page to Kenosia Termination Letter 

 SCHEDULE 1 
  

				
	TO CALYON NEW YORK BRANCH:	  		
		
	 Interest
	  	$	52,272.22
	 Principal
	  	$	20,000,000.00
	 Monthly Program Fees
	  	$	41,708.34
	 Reimbursable Expenses (other than legal fees)
	  	$	0
	 Legal Fees
	  	$	9,796.48
		  	 	 
	TOTAL:	  	$	20,103,777.04
		
	TO THE BANK OF NEW YORK MELLON:	  		
	 Trustee Fees
	  	$	3,690.00
		
	TO CARTUS CORPORATION:	  		
	 Monthly Servicing Fee
	  	$	44,516.222008-2009 Realogy Corporation Cash Retention Plan

 Exhibit 10.62 
 Realogy 2008–2009 Retention Plan 
 As amended on February 23, 2009 
 Plan Purpose 
 The Realogy 2008–2009 Retention Plan (the
“Plan”) is designed to retain eligible employees for their contributions to Realogy (“Realogy” or the “Company”) and its Business Units. 
 Eligibility 
 An employee who is eligible to participate in the Plan must meet the following criteria to be
eligible for a payout: 
  

	 	•	 	 Be in a position eligible for a bonus under the 2008 Realogy Bonus Plan or the 2008 NRT Bonus Plan (collectively, the “2008 Annual Bonus Plan”).

  

	 	•	 	 Hired on or before October 1, 2008. Participants hired on or between January 1, 2008 and October 1, 2008 will receive a pro-rated retention payment
as determined by their eligible earnings for 2008. 

  

	 	•	 	 Employed on a regular full-time basis. Part-time and temporary employees are ineligible. Employees do not accrue a benefit and are not eligible for a partial
payment if not employed at the time of payment. 

  

	 	•	 	 Actively employed and in good standing by Realogy at the time of the retention payment or on an approved Leave of Absence (LOA) that is covered under the Family
Medical Leave Act (FMLA), unless otherwise required by law (see Disability/LOA section for more information). 

  

	 	•	 	 Successfully completes all 2008 mandatory training as determined by Executive Leadership within the specified time periods. Such training shall include Company-wide
Diversity, Code of Ethics, and Sexual Harassment. 

  

	 	•	 	 Receive a “Meets Expectations” or “Exceeds Expectations” 2008 performance rating on his/her annual performance evaluation. At senior
management’s discretion, a partial retention payment, not to exceed 50%, may be given to a participant who receives a “Below Expectations” rating. 

 Retention payments 
 Retention payment will be paid on/or about July 1, 20091 
  

	 	•	 	 Retention payments will be made using the same method of payment as the bi-weekly paychecks. If a participant receives a live paycheck, the bonus will be paid as a
live check. If the participant utilizes direct deposit, the bonus will be electronically deposited. 

  

	 	•	 	 Retention payments will be subject to federal income tax withholding at a flat rate as prescribed by the Internal Revenue Service. Applicable FICA, state, and local
taxes will also be deducted. 

  

	 	•	 	 Retention payments are not subject to deductions for 401(k) contributions. 

  

	 	•	 	 Retention payments are not based on the participant’s base rate of pay, but solely on actual eligible earnings. Eligible earnings include the pay a participant
received during 2008 including regular base pay, holiday, vacation, personal, military pay, and sick time. 

  

	 	•	 	 Eligible earnings do NOT include overtime, premium pay, incentive pay, merit lump sum payments, severance pay, short-term disability, shift differential pay or any
other discretionary compensation paid to the employee during 2008. Leaves of absence or disability and other breaks in service will affect a participant’s bonus payout amount (see Disability/LOA section for more information).

  

	1	Level 1 participants (CEO direct reports) are eligible for two separate retention payments, as follows: one-half of their respective Target Retention Award (as defined herein) on or
about July 1, 2009 and the other half on or about November 1, 2009. 

  

 Confidential and Proprietary: Information contained herein is for the sole use of authorized employees of Realogy and
should not be disclosed to others. Realogy reserves the right to terminate, amend, modify and/or restate the Realogy Retention Plan (in whole or in part) at any time and without advance notice. 
 Page 1 

 Realogy 2008–2009 Retention Plan 
 As amended on February 23, 2009 
  

 Retention Funding Pool 
 Funding for the Plan (the “Retention Funding Pool”) will be in an amount equal to 30% of the 2008 Target Bonus funding as used in the 2008 Annual Bonus Plan, subject to adjustment as set forth below.
2 
 Should the aggregate payments made under the 2008
Annual Bonus Plan produce a payout that is less than 30% of the Target Bonus funding pool for such plan, the Retention Funding Pool under this Plan will be reduced by an amount equal to the difference between what the 2008 Annual Bonus Plan pays out
and the 30% Target Bonus funding pool for such plan For example, the 2008 Annual Bonus Plan pays out 20% of the Target Bonus funding pool for such plan; therefore the Retention Funding Pool for this Plan would be adjusted to an amount equal to 10%
of the Target Bonus Funding for the 2008 Annual Bonus Plan. 
 If the actual payments under the 2008 Annual Bonus Plan in the aggregate equal or exceed 30%
of the 2008 Target Bonus Funding for such plan, there would be no funds available for the Retention Funding Pool and therefore no retention payment made under this Plan. 
 Allocating the Retention Funding Pool 
 The Retention Funding Pool will be allocated as follows: 
  

	•	 	 75%3 of the Retention Funding Pool will be paid to each
eligible participant based on the formula below: 

 Target Bonus dollars for participant × [ a fraction, the
numerator of which is the Retention Funding Pool and the denominator of which is the funding pool for the 2008 Annual Bonus Plan ] × 75% 
  

	•	 	 The remaining 25% of the Retention Funding Pool will be allocated based on 2008 individual performance. This component is discretionary and the actual allocation,
if any, will vary according to each participant’s individual performance during 2008 and the allocation of the Retention Funding Pool among all participants. Below are guidelines that will be used to allocate the individual performance funding
based on the 2008 performance rating. The actual performance-based allocation, if any, will be based on the total Retention Funding Pool and the performance rating distribution for the participants. 

  

			
	 Performance Rating
	  	 Payment as a % of Retention Funding Pool

	Exceeds Expectations	  	105% – 120% of target funding
	Meets Expectations	  	up to 100% of target funding
	Below Expectations	  	0% – 50% of target funding

  

	2	For Level 1 participants (CEO direct reports), the percentage is 50% not 30%. 

	3	In the case of Level 1 participants (CEO direct reports), “100%” of their Retention Funding Pool will be based upon the following formula with “75%” changed to
100% in the formula itself. 

  

 Confidential and Proprietary: Information contained herein is for the sole use of authorized employees of Realogy and
should not be disclosed to others. Realogy reserves the right to terminate, amend, modify and/or restate the Realogy Retention Plan (in whole or in part) at any time and without advance notice. 
 Page 2 

 Realogy 2008–2009 Retention Plan 
 As amended on February 23, 2009 
  

	•	 	 Accordingly, if the Retention Funding Pool is at 30%, some participants may receive retention payments above 30% and some may receive payments below 30%.

 Status Changes 
 New Hires

  

	 	•	 	 See Eligibility Section. 

 Job Changes
(Promotions, Transfers, Demotions, etc.) 
  

	 	•	 	 Job changes include moves from: 

  

	 	•	 	 One Business Unit to another Business Unit 

  

	 	•	 	 Realogy Corporate to a Business Unit or vice versa 

  

	 	•	 	 A bonus-eligible position to a non-bonus-eligible position or vice versa 

  

	 	•	 	 A bonus-eligible position to another bonus-eligible position with a higher or lower bonus target 

  

	 	•	 	 If a participant is transferred from one entity to another, or is transferred from one bonus-eligible position to another bonus eligible position with a higher or
lower bonus target, the retention payment shall be pro-rated based on the bonus “earned” while in each bonus-eligible position. 

  

	 	•	 	 When moving from one entity to another, the overall bonus calculation will be determined based on the eligible earnings, bonus target, and the entity’s
performance in accordance with the time worked in each bonus eligible position. 

  

	 	•	 	 If a participant’s bonus target changes without a job change, the retention payment shall be calculated based on the bonus “earned” at each of the
respective target rates while in the applicable bonus-eligible position. 

  

	 	•	 	 Participants moving from a non-bonus eligible position to a bonus-eligible position or vice versa will receive a pro-rated bonus based on the participant’s
eligible earnings while actively employed in the bonus-eligible position. 

 Disability/Leave of Absence (LOA) 
  

	 	•	 	 Subject to the provisions herein, participants on an approved LOA (including short-term disability) during 2008 will be eligible for a pro-rated bonus based on the
participant’s eligible earnings during the time that they were actively employed in the bonus-eligible position. Eligible earnings do not include short-term disability or workers compensation income. 

  

	 	•	 	 Participants on an approved LOA that is covered under the FMLA at the time of the regular retention payment will be paid at the same time as the regular retention
payment. 

  

	 	•	 	 Participants on approved LOAs not covered by the FMLA at the time of the regular retention payment will not be eligible to receive retention payment unless and
until they return to work, except as set forth below. 

  

	 	•	 	 In the event of Total Disability, as defined under the terms of the Long Term Disability program, the participant will receive a pro-rated retention payment upon
determination of Total Disability or at the time of the regular retention payment, which ever is later, based on the participant’s eligible earnings while actively employed in the retention-eligible position. 

  

 Confidential and Proprietary: Information contained herein is for the sole use of authorized employees of Realogy and
should not be disclosed to others. Realogy reserves the right to terminate, amend, modify and/or restate the Realogy Retention Plan (in whole or in part) at any time and without advance notice. 
 Page 3 

 Realogy 2008–2009 Retention Plan 
 As amended on February 23, 2009 
  

 Terminations 
  

	 	•	 	 Participants who resign or are terminated for any reason other than death or disability, before the date of the retention payment, will be ineligible for a
retention payment under this Plan, unless otherwise required by law. 

  

	 	•	 	 Death: In the case of death, a pro-rated retention payment will be paid to the beneficiary designated by the participant under the group term life insurance
plan, and in the absence of any such designation, to the participant’s estate. Payments will be based on the participant’s eligible earnings while actively employed in a retention-eligible position. 

  

	 	•	 	 The retention payment will be based on the same parameters as those for other participants and will be paid at the same time as the regular retention payment.

  

	 	•	 	 Company-Approved Retirement: Retirees are not eligible for payments under this Plan. 

 Plan Administration 
 The Compensation Committee of Domus
Holdings Corp., the parent company of Realogy (the “Compensation Committee”), has overall responsibility for, and has the maximum discretion permitted under the law over, the administration of the Plan and the interpretation of all of the
Plan’s terms. The Compensation Committee reserves the right to amend, suspend, or terminate the Plan at any time. This Plan may not be amended, modified or supplemented without the prior approval of the Compensation Committee 
 Day to day administration of the Plan is delegated by the Compensation Committee to Senior Management of Domus Holdings Corp. and Realogy. 
 Changes and the addition of new eligible employees to the Plan will be effective only after receiving written (including email) confirmation of the change from
Realogy’s Senior Vice President, Human Resources or his or her designee. 
 Other Provisions 
  

	 	•	 	 If the Company determines that a participant has violated any of the policies contained in the Realogy Code of Ethics or Key Policies, he/she is no longer an
employee in good standing and accordingly ineligible to receive a retention payment under this Plan. 

  

	 	•	 	 The retention payment is not guaranteed and Realogy reserves the right to terminate, amend, modify and/or restate this Plan (in whole or in part) at any time and
without advance notice and without recourse by any employee. Any questions regarding the terms of the Plan or its interpretation should be referred to Realogy’s Senior Vice President, Human Resources. 

  

	 	•	 	 Subject to any applicable law, no benefit under the Plan shall be subject in any manner to, nor shall the Company be obligated to recognize, any purported
anticipation, alienation, sale, transfer (otherwise than by will or the laws of descent and distribution), assignment, pledge encumbrance, or charge, and any attempt to do so shall be void. No such benefit shall in any manner be liable for or
subject to garnishment, attachment, execution, or levy, or liable for or subject to the debts, contracts, liabilities, engagements, or torts of the participant. 

  

	 	•	 	 The Plan shall not be construed as conferring on a participant any right, title, interest, or claim in or to any specific asset, reserve, account, or property of
any kind possessed by the Company. To the extent that as a participant or any other person acquired a right to receive payments from the Company, such right shall be no greater than the rights of an unsecured general creditor.

  

 Confidential and Proprietary: Information contained herein is for the sole use of authorized employees of Realogy and
should not be disclosed to others. Realogy reserves the right to terminate, amend, modify and/or restate the Realogy Retention Plan (in whole or in part) at any time and without advance notice. 
 Page 4 

 Realogy 2008–2009 Retention Plan 
 As amended on February 23, 2009 
  

 Employment at Will 
 An eligible employee’s employment with the Company is at will and is terminable at any time by either the Company or the employee, with or without cause, and with or without notice. The Plan shall not be
construed to create a contract of employment between the Company and the eligible employee for any specified period of time. 
  

 Confidential and Proprietary: Information contained herein is for the sole use of authorized employees of Realogy and
should not be disclosed to others. Realogy reserves the right to terminate, amend, modify and/or restate the Realogy Retention Plan (in whole or in part) at any time and without advance notice. 
 Page 5

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