Document:

EX-10.29

 Exhibit 10.29 

EMPLOYMENT AGREEMENT 

Employment Agreement (the “Agreement”), dated as of
                        , by and between Better Holdco, Inc., a Delaware corporation (together with its affiliates,
the “Company”), with its principal offices at 175 Greenwich Street, New York, NY 10007, and
[                        ] (“Executive”). 

Recitals 
 WHEREAS,
the Company and Executive desire to set forth the terms upon which Executive will continue Executive’s employment with the Company; 

NOW, THEREFORE, in consideration of the premises and the mutual covenants set forth below, the parties hereby agree as follows: 

Agreement 

1.    Employment. The Company hereby agrees to employ Executive, and Executive hereby accepts such employment, on
the terms and conditions hereinafter set forth. 
 2.    Term. The term of Executive’s employment hereunder
by the Company will commence on December 16, 2021 (the “Effective Date”) and will continue for one year thereafter (the “Initial Period”). Following the Initial Period, the term will automatically renew for one
year periods unless either party notifies the other party of nonrenewal at least 30 days prior to the end of the Initial Period or such one year period (the Initial Period and any subsequent renewal periods, the “Employment
Period”). 
 3.    Position and Duties. During the Employment Period, Executive will serve as
[                    ] of the Company and will report to the Company’s
[                    ]. Executive will have those powers and duties normally associated with the position of
[                    ]and such other powers and duties as may be prescribed by or at direction of the Chief Executive Officer,
provided in each case that such other powers and duties are consistent with the position of [                    ]. Executive will
devote substantially all of Executive’s working time, attention and energies during normal business hours (other than absences due to illness or vacation) to the performance of his or her duties for the Company. Without the consent of the
Company’s Board, during the Employment Period, Executive will not serve on the board of directors, trustees or any similar governing body of any for-profit entity (with the exception of any entity which
has been disclosed to the Company on a list provided to the Company by Executive coincident with the execution of this Agreement). Notwithstanding the above, Executive will be permitted, to the extent such activities do not interfere with the
performance by Executive of his or her duties and responsibilities hereunder or violate Section 9(a), (b), (c) or (d) of the terms of this Agreement, to (i) manage Executive’s (and his or
her immediate family’s) personal, financial and legal affairs, and (ii) serve, with the prior approval of the Board, on civic or charitable boards or committees (it being expressly understood and agreed that Executive’s continuing to
serve on the boards and/or committees on which Executive is serving, or with which Executive is otherwise associated, as of the Effective Date (each of which has been disclosed to the Company on a list provided to the Company by Executive coincident
with the execution of this Agreement), will be deemed not to interfere with the performance by Executive of his or her duties and responsibilities under this Agreement). 

4.    Place of Performance. The place of employment of Executive will be at the Company’s offices in New York,
NY.  
 5.    Compensation and Related Matters. 

(a)    Base Salary. During the Employment Period, the Company will pay Executive a base salary of
$[                    ] per year (“Base Salary”). Executive’s Base Salary will be paid in approximately equal
installments in accordance with the Company’s customary payroll practices. If Executive’s Base Salary is increased or decreased by the Company, such increased or decreased Base Salary will then constitute the Base Salary for all purposes
of this Agreement. 

 (b)    Annual Bonus. During the Employment Period, Executive will
be entitled to receive an annual target bonus of [        ]% of Base Salary, payable in cash. If Executive’s annual target bonus is increased or decreased by the Company, such increased or
decreased annual target bonus will then constitute the target bonus for all purposes of this Agreement. 

(c)    Incentive Equity Awards. During the Employment Period, and for so long as the Company offers an incentive
equity plan similar to the Company’s 2021 Incentive Equity Plan (the “Incentive Equity Plan”), Executive will be eligible to receive grants under each such Incentive Equity Plan, the specific amount of which shall be in the
sole discretion of the Company’s Board or the compensation committee thereof, as applicable. 

(d)    Benefits. During the Employment Period, Executive will be entitled to participate in such 401(k) and
employee welfare and benefit plans and programs of the Company as are made available to the Company’s senior level executives or to its employees generally, as such plans or programs may be in effect from time to time, including, without
limitation, health, medical, dental, long-term disability and life insurance plans. 
 (e)    Expense
Reimbursement. The Company will promptly reimburse Executive for all reasonable business expenses upon the presentation of reasonably itemized statements of such expenses in accordance with the Company’s policies and procedures now in force
or as such policies and procedures may be modified with respect to all senior executive officers of the Company or to its employees generally. 

(f)    Vacation. Executive will be eligible for vacation in accordance with the Company’s Flexible PTO and
Sick & Safe Time Off Policy, which can be found in the Employee Handbook, or the current vacation and sick time policies in effect from time to time. 

6.    Reasons for Termination of Employment. Executive’s employment hereunder may be terminated during the
Employment Period under the following circumstances: 
 (a)    Death. Executive’s employment hereunder will
terminate upon his or her death. 
 (b)    Disability. If, as a result of Executive’s incapacity due to
physical or mental illness, Executive will have been substantially unable to perform his or her duties hereunder for a continuous period of 180 days, with or without reasonable accommodation, the Company may terminate Executive’s employment
hereunder for “Disability.” During any period that Executive fails to perform his or her duties hereunder as a result of incapacity due to physical or mental illness, Executive will continue to receive his or her full Base Salary
set forth in Section 5(a) until his or her employment terminates. 
 (c)    Cause. The
Company may terminate Executive’s employment for Cause. For purposes of this Agreement, the Company will have “Cause” to terminate Executive’s employment upon the occurrence of any of the following: 

(i)    the Executive’s conviction of, or plea of guilty or nolo contendere to, a felony or any crime involving fraud
or embezzlement; 
 (ii)    the Executive’s conviction of or plea of guilty or nolo contendere to any other act of
moral turpitude, or a violation of federal or state law by the Executive that, in each case, the Company reasonably determines has had or will have a material detrimental effect on the Company’s reputation or business; 

(iii)    the Executive’s gross negligence or willful misconduct that is or may reasonably be expected to have a
material adverse effect on the reputation or interests of the Company; 
 (iv)    the Executive’s material breach
of any obligations under any written agreement or covenant with the Company (including Section 9 and the Confidential Information, Invention Assignment, and Arbitration Agreement); 

(v)    the Executive’s material breach of a Company policy that results in material financial loss, or injury to the
Company and its subsidiaries, their goodwill, business or reputation; 

  
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 (vi)    the Executive’s willful, substantial, or continued (for a
period of at least thirty (30) days) substantial failure to perform the Executive’s duties (other than as a result of the Executive’s physical or mental incapacity). 

For purposes of this Section 6(c), no act, or failure to act, by Executive will be considered “willful” if
taken or omitted in the good faith belief that the act or omission was in, or not opposed to, the best interests of the Company. 

(d)    Good Reason. Executive may terminate his or her employment for “Good Reason.” For purposes
of this Agreement, “Good Reason” means, without Executive’s express written consent: 
 (i)    a
reduction of at least 20% in the Executive’s base salary or target bonus opportunity, unless such reduction applies pursuant to an across-the-board reduction that
affects all similarly situated employees; 
 (ii)    a material diminution in Executive’s position, authority,
duties or responsibilities, provided, that, any change to Executive’s reporting relationship as set forth in Section 3 will not itself give rise to a right to terminate employment for Good Reason under this
prong (ii); or 
 (iii)    the Company’s material breach of any provision of this Agreement. 

Notwithstanding the foregoing, no such act or omission will be treated as “Good Reason” under this Agreement unless:
(A) Executive delivers to the Company a detailed, written statement of the basis for Executive’s belief that such act or omission constitutes Good Reason, (B) Executive delivers such statement before the end of the ninety
(90) day period which starts on the date there is an act or omission which forms the basis for Executive’s belief that Good Reason exists, (C) Executive gives the Company a thirty (30) day period after the delivery of such
statement to cure the basis for such belief and (D) Executive actually submits Executive’s written resignation to the Company and terminates employment during the sixty (60) day period which begins immediately after the end of such
thirty (30) day period if Executive reasonably and in good faith determines that Good Reason continues to exist after the end of such thirty (30) day period. Notwithstanding the foregoing, the Company placing Executive on a paid leave for
up to ninety (90) days, pending the determination of whether there is a basis to terminate Executive for Cause, will not constitute a “Good Reason” event; provided, further, that, if Executive is subsequently terminated for Cause,
then Executive will repay any amounts paid by the Company to Executive during such paid leave period. 

(e)    Without Cause. The Company may terminate Executive’s employment hereunder without Cause by providing
Executive with a Notice of Termination (as defined in Section 7). This means that, notwithstanding this Agreement, Executive’s employment with the Company will be “at will.” 

(f)    Without Good Reason. Executive may terminate Executive’s employment hereunder without Good Reason by
providing the Company with a Notice of Termination. 
 7.    Termination of Employment Procedure. 

(a)    Notice of Termination. Any termination of Executive’s employment by the Company or by Executive during
the Employment Period (other than termination pursuant to Section 6(a)) will be communicated by written Notice of Termination to the other party hereto in accordance with Section 13. For purposes
of this Agreement, a “Notice of Termination” means a notice which will indicate the specific termination provision in this Agreement relied upon and will set forth in reasonable detail the facts and circumstances claimed to provide
a basis for termination of Executive’s employment under the provision so indicated if the termination is based on Sections 6(b), (c) or (d). The failure by Executive or the Company to set forth in the Notice of Termination
any fact or circumstance which contributes to a showing of Good Reason or Cause will not waive any right of Executive or the Company, respectively, under this Agreement or preclude Executive or the Company, respectively, from asserting such fact or
circumstance in enforcing Executive’s or the Company’s rights hereunder. 
 (b)    Date of Termination.
“Date of Termination” means (i) if Executive’s employment is terminated by his or her death, the date of his or her death; (ii) if Executive’s employment is terminated pursuant to
Section 6(b) (Disability), the 

  
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date set forth in the Notice of Termination; and (iii) if Executive’s employment is terminated for any other reason, the date on which a Notice of Termination is given or any later date
(within 30 days after the giving of such notice) set forth in such Notice of Termination; provided, however, that if such termination is due to a Notice of Termination by Executive, the Company will have the right to accelerate such notice and make
the Date of Termination the date of the Notice of Termination or such other date prior to Executive’s intended Date of Termination as the Company deems appropriate, which acceleration will in no event be deemed a termination by the Company
without Cause or constitute Good Reason. 
 (c)    Removal from any Boards and Position. Upon the termination of
Executive’s employment with the Company for any reason, Executive will be deemed to resign (i) from the board of directors of any subsidiary of the Company and/or any other board to which Executive has been appointed or nominated by or on
behalf of the Company (including the Board), and (ii) from any position with the Company or any subsidiary of the Company, including, but not limited to, as an officer and director of the Company and any of its subsidiaries. 

8.    Compensation upon Termination of Employment. This Section provides the payments and benefits to be paid or
provided to Executive as a result of his or her termination of employment. Except as provided in this Section 8, under the Executive Change in Control Severance Plan, or under any award agreements or equity incentive plans
in which Executive participates, as applicable, Executive will not be entitled to any payments or benefits from the Company as a result of the termination of his or her employment, regardless of the reason for such termination. 

(a)    Termination for Any Reason. Following the termination of Executive’s employment, regardless of the
reason for such termination and including, without limitation, a termination of his or her employment by the Company for Cause or by Executive without Good Reason or upon expiration of the Employment Period, the Company will: 

(i)    pay Executive (or his or her estate in the event of his or her death) as soon as practicable following the Date of
Termination any earned but unpaid Base Salary through the Date of Termination; 
 (ii)    reimburse Executive as soon as
practicable following the Date of Termination for any amounts due to Executive pursuant to Section 5(e) (unless such termination occurred as a result of misappropriation of funds); and 

(iii)    provide Executive with any compensation and benefits as may be due or payable to Executive in accordance with the
terms and provisions of any employee benefit plans or programs of the Company. 
 (b)    Termination by Company
without Cause or by Executive for Good Reason. If employment is terminated by the Company without Cause or by Executive for Good Reason, Executive will be entitled to the payments and benefits provided in Section 8(a)
hereof and, in addition, subject to Section 8(e), the Company will provide to Executive (i) a lump sum amount equal to the Severance Amount, (ii) the Pro Rata Bonus paid at the time bonuses are paid to similarly
situated employees of the Company, (iii) the Medical Benefits and (iv) the Equity Vesting Benefits. 

(i)    The “Severance Amount” will be equal to [    ] times
([    ]x) the Executive’s current Base Salary. 
 (ii)    The “Pro
Rata Bonus” will be a lump sum cash payment equal to the Participant’s annual target bonus, pro-rated based on the number of days the Participant was actually employed by the Company during the
applicable performance period in which the Date of Termination occurred; plus (2) any unpaid annual bonus for the year preceding the year of termination if the relevant measurement period for such bonus concluded prior to the Date of
Termination. 
 (iii)    The “Medical Benefits” will be provided if the Executive makes a valid
election under the Consolidated Omnibus Budget Reconciliation Act (COBRA) to continue their health coverage. The Company will pay or reimburse the Executive for the cost of such continuation coverage for the Executive and any eligible dependents
that were covered under the Company’s health care plans immediately prior to Date of Termination for
[                        ] months following the Date of Termination or until the earliest of (a) the date upon
which the Executive and/or the Executive’s eligible dependents become covered under similar plans or (b) the date upon which the Executive ceases to be eligible for coverage under COBRA. If this agreement to provide benefits continuation
raises any compliance issues or impositions of penalties under the Patient Protection and Affordable Care Act or other applicable law, then the parties agree to modify this Agreement so that it complies with the terms of such laws. 

  
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 (iv)    The “Equity Vesting Benefits” means that those
outstanding and unvested equity awards that are subject to time-based vesting, held by the Executive as of the Date of Termination and scheduled to vest during the
[                    ] month period following the Date of Termination shall continue to vest and, in the case of options and stock
appreciation rights, will become exercisable (for avoidance of doubt, no more than 100% of the shares subject to the outstanding portion of an equity award may vest and become exercisable under this provision), subject to Executive’s continued
compliance with Section 9 of this Agreement and the Company’s Confidential Information, Invention Assignment, and Arbitration Agreement. In the case of any outstanding and unvested equity awards that are held by the
Executive that are subject to performance-based vesting, such awards shall be treated in accordance with the terms of the Incentive Equity Plan and the applicable award agreement. 

(v)    The Executive will participate in the Executive Change in Control Severance Plan, as may be amended from time to
time and, to the extent that the Executive incurs a “Qualifying Termination” under the terms of the Executive Change in Control Severance Plan, the benefits and payments that the Executive is eligible to receive shall be provided under
such plan, without duplication of any benefits and payments that would otherwise be provided upon a termination of Executive’s employment under Section 8(b). 

(c)    Disability. In the event Executive’s employment is terminated for Disability pursuant to
Section 6(b), Executive will be entitled to the payments and benefits provided in Section 8(a) hereof and, subject to Section 8(e), to the Pro Rata Bonus. 

(d)    Death. If Executive’s employment is terminated by his death, Executive’s beneficiary, legal
representative or estate, as the case may be, will be entitled to the payments and benefits provided in Section 8(a) hereof and, subject to Section 8(e), to the Pro Rata Bonus. 

(e)    Condition to Payment. As a condition to the payments and other benefits set forth in this
Section 8 (other than payments and benefits provided in Section 8(a) hereof), Executive must execute a separation and general release agreement (the “Release”) in the form customarily
used for senior executives of the Company at the time, which will be provided to Executive by the Company for review and execution within two days after the Date of Termination and must be returned to the Company, not revoked and become effective
pursuant to its terms and conditions all within fifty-five (55) days following the Date of Termination. The payments and benefits provided in this Section 8 (other than payments and benefits provided in
Section 8(a) hereof) will begin (or be completed in the case of lump sum payments) within sixty (60) days following the date of termination, subject to Executive’s compliance with the requirements of
Section 8(e) and continued compliance with Section 9. 

9.    Ancillary Agreement. 

(a)    As a material condition of this Agreement, Executive is required to execute and ratify the Company’s
Confidential Information, Invention Assignment, and Arbitration Agreement attached hereto as Schedule 1. 

(b)    Cease Payments. In the event that Executive materially breaches the Company’s Confidential Information,
Invention Assignment, and Arbitration Agreement the Company’s obligation to make or provide payments or benefits under Section 8 will cease. Further, the Company shall have the right upon written notice (which may be
in electronic form) to reclaim and receive from the Executive the gross amount of any payments provided under Section 8, and any such return of such payments by the Executive which requires action on the part of the Executive shall be made
within five (5) business days following receipt of written demand therefore. 

  
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 10.    Indemnification and Directors’ and Officer’s
Liability Insurance. 
 (a)    As a material condition of this Agreement, Executive is required to execute the
Indemnification Agreement attached hereto as Schedule 2. 
 (b)    Executive will be entitled to coverage
under the Company’s directors’ and officers’ liability insurance policy on substantially the same terms as for the Company’s other officers. 

11.    Successors; Binding Agreement. 

(a)    Company’s Successors. No rights or obligations of the Company under this Agreement may be assigned or
transferred except that the Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company to expressly assume and agree to
perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. 

(b)    Executive’s Successors. No rights or obligations of Executive under this Agreement may be assigned or
transferred by Executive other than his or her rights to payments or benefits hereunder, which may be transferred only by will or the laws of descent and distribution. If Executive dies following his or her Date of Termination while any amounts
would still be payable to him or her hereunder if he or she had continued to live, all such amounts unless otherwise provided herein will be paid in accordance with the terms of this Agreement to such person or persons so appointed in writing by
Executive, or otherwise to his or her legal representatives or estate. 
 12.    Notice. For the purposes of this
Agreement, notices, demands and all other communications provided for in this Agreement will be in writing and will be deemed to have been duly given when delivered either personally or by United States certified or registered mail, return receipt
requested, postage prepaid, addressed as follows: 
 If to Executive: the address listed as the Executive’s address in the
Company’s personnel files. 
 If to the Company: 

Better Holdco, Inc. 
 175
Greenwich Street, 59th Floor 
 New York, NY 10007 

Attention: Deputy General Counsel and the Legal Department 

legal-compliance@better.com 

13.    Resolution of Differences Over Breaches of Agreement. 

(a)    The parties will use good faith efforts to resolve any controversy or claim arising out of, or relating to this
Agreement or the breach thereof, first in accordance with the Company’s internal review procedures; except that this requirement will not apply to any claim or dispute under or relating to Section 9 of this Agreement.
If, despite their good faith efforts, the parties are unable to resolve such controversy or claim through the Company’s internal review procedures, then such controversy or claim will be resolved by arbitration in Manhattan, New York, in
accordance with the rules then applicable of the American Arbitration Association (provided that the Company will pay the filing fee and all hearing fees, arbitrator expenses and compensation fees, and administrative and other fees associated with
any such arbitration), and judgment upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. 

(b)    If any contest or dispute will arise between the Company and Executive regarding any provision of this Agreement,
the Company will reimburse Executive for all legal fees and expenses reasonably incurred by Executive in connection with such contest or dispute, but only if Executive is successful in respect of all of Executive’s claims brought and pursued in
connection with such contest or dispute. 

  
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 14.    Miscellaneous. 

(a)    Amendments. No provisions of this Agreement may be amended, modified, or waived unless such amendment or
modification is agreed to in writing signed by Executive and by a duly authorized officer of the Company. The invalidity or unenforceability of any provision or provisions of this Agreement will not affect the validity or enforceability of any other
provision of this Agreement, which will remain in full force and effect. 
 (b)    Governing Law. The
validity, interpretation, construction and performance of this Agreement will be governed by the laws of the State of New York without regard to its conflicts of law principles. 

15.    Entire Agreement. Except as provided in the Executive Change in Control Severance Plan, applicable Company
Equity Plans, and the Company’s Confidential Information, Invention Assignment, and Arbitration Agreement, this Agreement sets forth the entire agreement of the parties hereto in respect of the subject matter contained herein and supersedes all
prior agreements, term sheets, promises, covenants, arrangements, communications, representations or warranties, whether oral or written, by any officer, employee or representative of any party hereto in respect of such subject matter. Any other
prior agreement of the parties hereto in respect of the subject matter contained herein is hereby terminated and cancelled, other than any equity agreements or any compensatory plan or program in which Executive is a participant on the
Effective Date. 
 16.    Section 409A Compliance. 

(a)    This Agreement is intended to comply with the requirements of Section 409A of the Internal Revenue Code of
1986, as amended (the “Code”) (together with the applicable regulations thereunder, “Section 409A”). To the extent that any provision in this Agreement is ambiguous as to its compliance with
Section 409A or to the extent any provision in this Agreement must be modified to comply with Section 409A (including, without limitation, Treasury Regulation 1.409A-3(c)), such provision will be
read, or will be modified (with the mutual consent of the parties, which consent will not be unreasonably withheld), as the case may be, in such a manner so that all payments due under this Agreement will comply with Section 409A. For purposes
of Section 409A, each payment made under this Agreement will be treated as a separate payment. In no event may Executive, directly or indirectly, designate the calendar year of payment. 

(b)    All reimbursements provided under this Agreement will be made or provided in accordance with the requirements of
Section 409A, including, where applicable, the requirement that (i) any reimbursement is for expenses incurred during Executive’s lifetime (or during a shorter period of time specified in this Agreement), (ii) the amount of expenses
eligible for reimbursement during a calendar year may not affect the expenses eligible for reimbursement in any other calendar year, (iii) the reimbursement of an eligible expense will be made on or before the last day of the calendar year
following the year in which the expense is incurred, and (iv) the right to reimbursement is not subject to liquidation or exchange for another benefit. 

(c)    Executive further acknowledges that any tax liability incurred by Executive under Section 409A of the Code is
solely the responsibility of Executive. 
 (d)    Notwithstanding any provision of this Agreement to the contrary, if
necessary to comply with the restriction in Section 409A(a)(2)(B) of the Code concerning payments to “specified employees” (as defined in Section 409A) any payment on account of Executive’s separation from service
that would otherwise be due hereunder within six months after such separation will nonetheless be delayed until the first business day of the seventh month following Executive’s date of termination and the first such payment will include the
cumulative amount of any payments that would have been paid prior to such date if not for such restriction. Notwithstanding anything contained herein to the contrary, Executive will not be considered to have terminated employment with the Company
for purposes of Section 8 hereof unless he would be considered to have incurred a “separation from service” from the Company within the meaning of Section 409A. 

17.    Representations. Executive represents and warrants to the Company that he is under no contractual or other
binding legal restriction which would prohibit him or her from entering into and performing under this Agreement or that would limit the performance his or her duties under this Agreement. 

  
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 18.    Withholding Taxes. The Company may withhold from any
amounts or benefits payable under this Agreement income taxes and payroll taxes that are required to be withheld pursuant to any applicable law or regulation. 

19.    Counterparts. This Agreement may be executed in any number of counterparts, each of which will be deemed an
original, and all of which together will constitute one and the same instrument. This Agreement will become binding when one or more counterparts hereof, individually or taken together, will bear the signatures of all of the parties reflected hereon
as the signatories. Photographic, faxed or PDF copies of such signed counterparts may be used in lieu of the originals for any purpose. 

[signature page follows] 

  
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 IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date first above written.

  

											
	THE COMPANY	 		 		 	EXECUTIVE
						
	Signature:	 		 		 		 	Signature:	 	  

											
						
	Date:	 	  
	 		 		 	Date:	 	  

						
	Title:	 		 		 		 		 	

  
 9EX-10.30

 Exhibit 10.30 

BETTER HOLDCO, INC. 

EXECUTIVE CHANGE IN CONTROL SEVERANCE PLAN 

1.    Better Holdco, Inc. (the “Company”) hereby establishes this Executive Change-in-Control Severance Plan (the “Plan”) for its Participants (as defined below). 

2.    Purpose. The purpose of this Plan is to retain certain executives of the Company by providing
appropriate severance benefits and to ensure their continued dedication to their duties, including in connection with the possibility, threat, or occurrence of a change in control of the Company either related or unrelated to the Company’s
entry into that certain Agreement and Plan of Merger by and among the Company, Aurora Acquisitions Corp., and Aurora Merger Sub I, Inc., dated as of May 10, 2021 (the “Merger Agreement,” and the transactions contemplated
thereby the “Merger”). 
 3.    Eligible Participants. Employees participating in
the Plan (each, a “Participant”) will be (a) the Chief Executive Officer of the Company, (2) other executives of the Company who are at the L12 employment level or higher and (3) other employees who are from
time to time designated by the Company’s Compensation Committee (the “Committee”) as eligible to participate in the Plan so long as the Plan is amended by or otherwise modified by the Committee to provide for such
participation. 
 4.    Payments Upon a Qualifying Termination. 

(a)        Qualifying Termination with Change in Control. If the employment of the Participant
is terminated under circumstances constituting a Qualifying Termination during the three (3) months prior to a Change in Control at the request or suggestion of a third party who has indicated an intention or taken steps reasonably calculated
to effect a Change in Control (a “Third Party”) and a Change in Control involving such Third Party occurs, or during the twelve (12) months following the date of a Change in Control (such period during the three
(3) months prior to and the twelve (12) months following the Change in Control, the “CIC Termination Period”) then, subject to the Participant’s execution of a Release as set forth in
Section 5 below, the Company shall provide to the Participant: 
 (i)    a lump
sum cash payment equal to the result of multiplying the Participant’s applicable Severance Multiple set forth in Exhibit A by the Participant’s Base Salary; 

(ii)    a lump sum cash payment equal to the Participant’s Target Bonus, pro-rated based on the number of days the Participant was actually employed by the Company during the applicable performance period in which the Date of Termination occurred; 

(iii)    if the Participant makes a valid election under the Consolidated Omnibus Budget Reconciliation Act
(“COBRA”) to continue their health coverage, the Company will pay or reimburse the Participant for the cost of such continuation coverage for the Participant and any eligible dependents that were covered under the
Company’s health care plans immediately prior to Date of Termination until the earliest of (a) the expiration of the Continuation of Benefits Period set forth in Exhibit A; (b) the date upon which the Participant and/or the
Participant’s eligible dependents become covered under similar plans or (c) the date upon which the Participant ceases to be eligible for coverage under COBRA; and 

(iv)    full accelerated vesting of all outstanding equity-based awards held by Participant on the Date of
Termination, with any awards that are subject to performance-based vesting conditions deemed achieved at 100% of target performance, as applicable. 
 The
cash payments specified in paragraphs (i) and (ii) of this Section 4(a) shall be paid within sixty (60) days (or the next following business day if the sixtieth
(60th) day is not a business day) following the Date of Termination. In addition, as soon as practicable following the Date of Termination, the Company shall pay or provide to the Participant the
Accrued Benefits (which, for the avoidance of doubt, shall not be subject to the Participant’s execution of a Release as set forth in Section 5 below). 

 If a Participant received compensation or benefits prior to the CIC Termination Period, including such
things as sign-on bonuses or relocation benefits, which would have otherwise been reimbursable to the Company in the event of a voluntary termination of employment in the normal course, there will be no
required repayment upon a Qualifying Termination during the CIC Termination Period. 
 (b)    Qualifying Termination
without Change in Control. If the employment of the Participant is terminated under circumstances constituting a Qualifying Termination that does not occur during a CIC Termination Period, then the Participant shall receive the payments and
benefits as provided for under the executive’s employment agreement. 

(c)    Non-Qualifying Termination During CIC Termination Period. If during
the CIC Termination Period, the employment of the Participant shall terminate by reason other than a Qualifying Termination, then, as soon as practicable following the Date of Termination, the Company shall pay or provide to the Participant the
Accrued Benefits. The Company may make such additional payments, and provide such additional benefits, to the Participant as the Company and the Participant may agree in writing. 

(d)    No Duplication. Except as otherwise expressly provided pursuant to this Plan, this Plan shall be construed
and administered in a manner which avoids duplication of compensation and benefits which may be provided under the executive’s employment agreement or any other plan, program, policy or other arrangement or individual contract or under any
statute, rule or regulation. In the event a Participant is covered by any other plan, program, policy, individually negotiated agreement or other arrangement, in effect as of his or her Date of Termination, that may duplicate the payments and
benefits provided for in this Section 4, the Committee is specifically empowered to reduce or eliminate the duplicative benefits provided for under the Plan. For the avoidance of doubt, amounts awarded under a retention
bonus that pays out in connection with a qualifying termination of employment shall not be considered duplicative of the severance benefits provided under Section 4 of this Plan. 

5.    Release. A Participant’s receipt of payments and benefits under
Section 4(a) above will be conditioned on the Participant’s execution of a Release of claims in the form used by the Company immediately prior to the Change in Control (a “Release”), which re-affirms Participant’s obligations to observe the terms of the restrictive covenants set forth in the Confidential Information, Invention Assignment, and Arbitration Agreement, and which shall be provided to
the Participant no later than two (2) days after the Date of Termination and must be executed by the Participant, become effective and not be revoked by the Participant by the fifty-fifth
(55th) day following the Date of Termination. 

6.    Withholding Taxes. The Company shall withhold from all payments due to the Participant (or his or her
beneficiary or estate) hereunder all taxes which, by applicable federal, state, local or other law, the Company is required to withhold therefrom. 

7.    Expenses. If any contest or dispute shall arise under this Plan involving termination of a
Participant’s employment with the Company or involving the failure or refusal of the Company to perform fully in accordance with the terms hereof, the Company shall reimburse Participant for all legal fees and expenses, if any, incurred by
Participant in connection with such contest or dispute (regardless of the result thereof) within thirty (30) days of receipt of evidence thereof; provided, however, Participant shall be required to repay any such amounts to the
Company to the extent that a court issues a final and non-appealable order setting forth the determination that the position taken by Participant was frivolous or advanced by Participant in bad faith. 

8.    No Guarantee of Continued Employment. Nothing in this Plan will be deemed to entitle the Participant
to continued employment with the Company or its Subsidiaries. 

  
 2 

 9.    Forfeiture and Clawback. As sufficient consideration
provided in exchange for Participant’s continued employment with the Company and participation in this Plan, Participant will be deemed to have agreed that if the Participant materially breaches the Confidential Information, Invention
Assignment, and Arbitration Agreement, in addition to any and all other remedies available to the Company, (i) any payments to be provided under Section 4 (other than the Accrued Benefits) shall upon written notice
provided by the Company within one year of the Company’s actual notice of the applicable breach (which may be in electronic form) immediately be forfeited; and (ii) the Company shall have the right upon written notice provided by the
Company within one year of the Company’s actual notice of the applicable breach (which may be in electronic form) to reclaim and receive from the Participant the gross amount of any payments provided under Section 4
(other than the Accrued Benefits), and any such return of such payments by the Participant which requires action on the part of the Participant shall be made within five (5) business days following receipt of written demand therefore. 

10.    Section 280G of the Code. 

(a)    To the extent that any payment or distribution to or for the benefit of Participant pursuant to the terms of this
Plan or any other plan, arrangement or agreement with the Company, any of its affiliated companies, any person whose actions result in a change of ownership or effective control covered by Section 280G(b)(2) of the Code or any person affiliated
with the Company or such person, whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise (the “Payments”) would be subject to the excise tax (the “Excise
Tax”) imposed by Section 4999 of the Code, then the Company shall reduce the payments to the amount that is (after taking into account federal, state, local and social security taxes at the maximum marginal rates, including any
excise taxes imposed by Section 4999 of the Code) one dollar less than the amount of the Payments that would subject Participant to the Excise Tax (the “Safe Harbor Cap”) if, and only if, such reduction would result in
Participant receiving a higher net after-tax amount. Unless Participant shall have given prior written notice specifying a different order to the Company to effectuate the Safe Harbor Cap, the Payments to be
reduced hereunder will be determined in a manner which has the least economic cost to Participant and, to the extent the economic cost is equivalent, will be reduced in the inverse order of when the Payment would have been made to Participant until
the reduction specified herein is achieved. Participant’s right to specify the order of reduction of the Payments shall apply only to the extent that it does not directly or indirectly alter the time or method of payment of any amount that is
deferred compensation subject to (and not exempt from) Section 409A. 
 (b)    All determinations required to be
made under this Section 10, including whether and when the Safe Harbor Cap is required and the amount of the reduction of the Payments pursuant to the Safe Harbor Cap and the assumptions to be utilized in arriving at such
determination, shall be made by a public accounting firm that is retained by the Company as of the date immediately prior to the Change in Control (the “Accounting Firm”) which shall provide detailed supporting calculations
both to the Company and Participant within fifteen (15) business days of the receipt of notice from the Company or Participant that there has been a Payment, or such earlier time as is requested by the Company (collectively, the
“Determination”). In the event that the Accounting Firm is serving as accountant or auditor for the individual, entity or group effecting the Change in Control, an independent accounting firm selected by the Company may be
appointed to make the determinations required hereunder (which accounting firm shall then be referred to as the Accounting Firm hereunder). All fees and expenses of the Accounting Firm shall be borne solely by the Company. The Determination by the
Accounting Firm shall be final, binding and conclusive upon the Company and Participant. To the extent a Participant’s reasonable out-of-pocket expenses are
reimbursed by the Company, Participant shall cooperate with any reasonable requests by the Company in connection with any contests or disputes with the Internal Revenue Service in connection with the Excise Tax. 

11.    Successors; Binding Agreement. 

(a)    This Plan will survive any Change in Control, and the provisions of this Plan will be binding upon the surviving
corporation, which will be treated as the Company hereunder. The benefits provided under 

  
 3 

 
this Plan shall inure to the benefit of and be enforceable by the Participant’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and
legatees. If the Participant dies while any amounts would be payable to the Participant hereunder had the Participant continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Plan to
such person or persons appointed in writing by the Participant to receive such amounts or, if no person is so appointed, to the Participant’s estate. 

(b)    The Company agrees that concurrently with any Business Combination (other than a
Non-Qualifying Transaction), it will cause any successor or transferee unconditionally to assume, by written instrument delivered to Participant (or Participant’s beneficiary or estate), all of the
obligations of the Company hereunder. Failure of the Company to obtain such assumption prior to the effectiveness of any such Business Combination shall constitute Good Reason hereunder. For purposes of implementing the foregoing, (i) the date
on which any such Business Combination becomes effective shall be deemed the date Good Reason occurs, and (ii) Participant shall be entitled to terminate employment for Good Reason immediately prior to the time the Business Combination becomes
effective and receive compensation and other benefits from the Company in the same amount and on the same terms as Participant would have been entitled hereunder if Participant’s employment were terminated for Good Reason during the CIC
Termination Period. 
 12.    Notice. For purposes of this Plan, all notices and other communications
required or permitted hereunder must be in writing and will be deemed to have been duly given when (i) delivered, including through electronic mail, or (ii) five (5) days after deposit in the United States mail, certified and return
receipt requested, postage prepaid and addressed as follows: 
 If to the Participant: the address listed as the Participant’s address
in the Company’s personnel files. 
 If to the Company: 

Better Holdco, Inc. 
 175
Greenwich Street, 59th Floor 
 New York, NY 10007 

Attention: Deputy General Counsel and the Legal Department 

or to such other address as either party may have furnished to the other in writing in accordance herewith, except that notices of change of address shall be
effective only upon receipt. 
 (a)    A written notice of the Participant’s Date of Termination occurring during
the CIC Termination Period (or in connection with a Change in Control) by the Company or the Participant, as the case may be, to the other, will (i) indicate the specific termination provision in this Plan relied upon, (ii) to the extent
applicable, set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of the Participant’s employment under the provision so indicated and (iii) specify the termination date (which, for a
termination of employment by the Company without Cause, shall not be more than thirty (30) days after the giving of such notice and, for a resignation by the Participant for Good Reason, shall not be less than fifteen (15) days or more
than thirty (30) days after the giving of such notice). The failure by the Participant or the Company to set forth in such notice any fact or circumstance which contributes to a showing of Good Reason or Cause does not waive any right of the
Participant or the Company hereunder or preclude the Participant or the Company from asserting such fact or circumstance in enforcing the Participant’s or the Company’s rights hereunder. 

13.    Full Settlement; Resolution of Disputes and Costs. 

(a)    In no event will the Participant be obligated to seek other employment or take other action by way of mitigation of
the amounts payable to the Participant under any of the provisions of this Plan and except as provided in Section 4(a)(iii) or Section 9, such amounts shall not be reduced whether or not the
Participant obtains other employment. 

  
 4 

 (b)    Any dispute or controversy arising under or in connection with
this Plan shall be settled in accordance with the Arbitration Agreement contained in the Confidential Information, Invention Assignment, and Arbitration Agreement.

14.    Employment with Subsidiaries. Employment with the Company for purposes of this Plan shall include
employment with any Subsidiary. 
 15.    Survival. The respective obligations and benefits afforded to
the Company and the Participant as provided in Sections 4 (to the extent that payments or benefits are owed as a result of a termination of employment that occurs during the term of this Plan), 5, 6, 7, 9 and 12
shall survive the termination of this Plan. 
 16.    GOVERNING LAW; VALIDITY. EXCEPT TO THE EXTENT THIS
PLAN IS SUBJECT TO ERISA, THE INTERPRETATION, CONSTRUCTION AND PERFORMANCE OF THIS PLAN SHALL BE GOVERNED BY AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO THE PRINCIPLE OF CONFLICTS OF
LAWS, AND APPLICABLE FEDERAL LAWS. THE INVALIDITY OR UNENFORCEABILITY OF ANY PROVISION OF THIS PLAN SHALL NOT AFFECT THE VALIDITY OR ENFORCEABILITY OF ANY OTHER PROVISION OF THIS PLAN, WHICH OTHER PROVISIONS SHALL REMAIN IN FULL FORCE AND EFFECT.

 17.    Amendment and Termination. The Committee may amend or terminate the Plan at any time without the
consent of the Participants; provided, however, that Participants must be given at least twelve (12) months’ advance notice of amendments that are materially adverse to the interests of the Participants or planned termination
of the Plan, including any termination because the closing of the Merger does not occur or if the Merger Agreement is terminated for any reason, and provided, further, that any termination or amendments to the Plan that are adverse to
the interests of any Participant and made in anticipation of a Change of Control will give a Participant the right to enforce his or her rights pursuant to Section 19. Notwithstanding the foregoing, during the period
commencing on a Change in Control and ending on the first anniversary of the Change in Control, no Participant’s participation hereunder may be terminated and the Plan may not be terminated or amended in any manner which is materially adverse
to the interests of any Participant without the prior written consent of such Participant. 

18.    Interpretation and Administration. The Plan shall be administered by the Committee (or any successor
committee). The Committee (or any successor committee) will have the authority, subject in all cases to the terms of the Plan (i) to exercise all of the powers granted to it under the Plan, (ii) to construe, interpret and implement the
Plan, (iii) to prescribe, amend and rescind rules and regulations relating to the Plan, (iv) to make all determinations necessary or advisable in administration of the Plan, (v) to correct any defect, supply any omission and reconcile
any inconsistency in the Plan, (vi) to delegate its responsibilities and authority hereunder to a subcommittee of the Committee, and (vii) with respect to Participants who are not Officers, to delegate its responsibilities and authority
hereunder to a person or group of persons who is employed by the Company. Actions of the Board or the Committee (or any successor committee) shall be taken by a majority vote of its members. All determinations by the Committee (or any successor
committee) shall be made in the Committee’s reasonable discretion; provided that any such determinations shall be consistent with the terms of the Plan. 

19.    Claims and Appeals. Participants may submit claims for benefits by giving notice to the Committee
pursuant to Section 12 of this Plan. If a Participant believes that he or she has not received coverage or benefits to which he or she is entitled under the Plan, the Participant may notify the Committee in writing of a
claim for coverage or benefits pursuant to Section 12 of this Plan. If the claim for coverage or benefits is denied in whole or in part, the Committee shall notify the applicant in writing of such denial within thirty
(30) days (which may be extended to sixty (60) days under special circumstances), with such notice setting forth: (i) the specific reasons for the denial; (ii) the Plan provisions upon which the denial is based; (iii) any
additional 

  
 5 

 
material or information necessary for the applicant to perfect his or her claim; and (iv) the procedures for requesting a review of the denial. Upon a denial of a claim by the Committee, the
Participant may: (x) request a review of the denial by the Committee or, where review authority has been so delegated, by such other person or entity as may be designated by the Committee for this purpose; (y) review any Plan documents
relevant to his or her claim; and (z) submit issues and comments to the Committee or its delegate that are relevant to the review. Any request for review must be made in writing and received by the Committee or its delegate within sixty
(60) days of the date the applicant received notice of the initial denial, unless special circumstances require an extension of time for processing. The Committee or its delegate will make a written ruling on the applicant’s request for
review setting forth the reasons for the decision and the Plan provisions upon which the denial, if appropriate, is based. This written ruling shall be made within thirty (30) days of the date the Committee or its delegate receives the
applicant’s request for review unless special circumstances require an extension of time for processing, in which case, a decision will be rendered as soon as possible, but not later than sixty (60) days after receipt of the request for
review. All extensions of time permitted by this Section 19 will be permitted at the sole discretion of the Committee or its delegate. If the Committee does not provide the Participant with written notice of the denial of
his or her appeal, the Participant’s claim shall be deemed denied. Notice provided to the Company under Section 12 of this Plan shall constitute notice to the Committee. 

20.    Type of Plan. This Plan is intended to be, and shall be interpreted as an unfunded employee welfare
plan under Section 3(1) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) and Section 2520.104-24 of the Department of Labor Regulations, maintained
primarily for the purpose of providing employee welfare benefits, to the extent that it provides welfare benefits, and under Sections 201, 301 and 401 of ERISA, as a plan that is unfunded and maintained primarily for the purpose of providing
deferred compensation, to the extent that it provides such compensation, in each case, for a select group of management or highly compensated employees (i.e., a “top hat” plan). 

21.    Non-Assignability. Benefits under the Plan may not be
assigned by the Participant. The terms and conditions of the Plan shall be binding on the successors and assigns of the Company. 

22.    Effect on Other Plans, Agreements and Benefits. Except to the extent expressly set forth herein, any
benefit or compensation to which a Participant is entitled under any agreement between the Participant and the Company or under any plan maintained by the Company in which the Participant participates or participated will not be modified or lessened
in any way, but will be payable according to the terms of the applicable plan or agreement. Notwithstanding the foregoing, any benefits received by a Participant pursuant to this Plan will be in lieu of any severance benefits to which the
Participant would otherwise be entitled under any general severance policy or other severance plan maintained by the Company for its Officers or Executives and, upon consummation of a Change in Control, Participants will in no event be entitled to
participate in any such severance policy or other severance plan maintained by the Company for its Officers or Executives. 

23.    Section 409A. 

(a)    The Plan is intended to comply with the requirements of Section 409A of the Code or an exemption or exclusion
therefrom and, with respect to amounts that are subject to Section 409A of the Code, will in all respects be administered in accordance with Section 409A of the Code. Any payments that qualify for the “short-term deferral”
exception or another exception under Section 409A of the Code will be paid under the applicable exception. Each payment of compensation under this Plan will be treated as a separate payment of compensation for purposes of Section 409A. All
payments to be made upon a termination of employment under this Plan may only be made upon a “separation from service” under Section 409A of the Code. In no event may a Participant, directly or indirectly, designate the calendar year
of any payment under this Plan. 
 (b)    Notwithstanding any other provision of this Plan, to the extent that the right
to any payment (including the provision of benefits) hereunder provides for the “deferral of compensation” within the meaning of Section 409A(d)(1) of the Code and Participant is subject to Section 409A of the Code, the payment
shall be paid (or provided) in accordance with the following: 

  
 6 

 (i)    If Participant is a “Specified
Employee” on the Date of Termination, and if a payment is required to be delayed pursuant to Section 409A(a)(2)(B)(i), then no such payment shall be made or commence during the period beginning on the Date of Termination and ending on the
date that is six (6) months following the Date of Termination or, if earlier, on the date of Participant’s death, if the earlier making of such payment would result in tax penalties being imposed on Participant under Section 409A of
the Code. The amount of any payment that otherwise would be paid to Participant hereunder during this period shall instead be paid to Participant on the first business day coincident with or next following the date that is six (6) months and
one day following the Date of Termination or, if earlier, within ninety (90) days following the death of Participant. 

(c)    Payments with respect to reimbursements of expenses shall be made promptly, but in any event on or before the last
day of the calendar year following the calendar year in which the relevant expense is incurred. The amount of expenses eligible for reimbursement during a calendar year may not affect the expenses eligible for reimbursement in any other calendar
year, and any right to reimbursement is not subject to liquidation or exchange for cash or another benefit. 

(d)    Participant further acknowledges that any tax liability incurred by Participant under Section 409A of the Code
is solely the responsibility of Participant. 
 24.    Certain Reductions; Recoupment. Notwithstanding
anything in this Plan to the contrary, in no event shall any payment or benefit under this Plan be paid, provided or accrued, if any such payment, provision or accrual would be in violation of applicable law, rule or regulation
(“Applicable Law”). In addition, to the extent that any provision of Applicable Law or any recoupment policy or practice of the Company as in effect from time to time requires any payments or benefits paid (or provided or to
be paid or provided) to a Participant to be forfeited or recouped from the Participant, each such payment or benefit shall be subject to forfeiture or recoupment, as applicable, and such Participant’s right to receive or retain each such
payment or benefit shall terminate. 
 25.    Effective Date. The Plan shall be effective on
December 16, 2021. 
 26.    Definitions. As used in this Plan, the following terms shall have the
respective meanings set forth below: 
 (a)    “Accounting Firm” shall have the meaning set
forth in Section 10(b). 
 (b)    “Accrued Benefits” means,
collectively, (i) Participant’s Base Salary, to the extent earned but unpaid as of the Date of Termination, and (ii) any other compensation and/or benefits as may be due or payable to the Participant in accordance with the terms and
provisions of any plans or agreements of the Company. 
 (c)    “Annual Incentive Bonus” means
the annual cash incentive bonus awarded to a Participant under the annual incentive plan by the Company (or its affiliates) from time to time. 

(d)    “Applicable Law” shall have the meaning set forth in Section 24.

 (e)    “Base Salary” means the greater of (i) Participant’s annual rate of base
salary as in effect on the Participant’s Date of Termination and (ii) Participant’s annual rate of base salary as in effect on the date of the Change in Control. 

(f)    “Board” means the Board of Directors of the Company and, after a Change in Control, the
“board of directors” of the surviving corporation. 
 (g)    “Beneficial Owner” has
the meaning ascribed to such term in Rule 13d-3 of the General Rules and Regulations under the Exchange Act 

  
 7 

 (h)    “Cause” has the meaning set forth in any
employment agreement or offer letter between the Company and a Participant, or in the absence of any such agreement or if such agreement does not define “Cause,” means the occurrence of any of the following: 

(i)    the Participant’s conviction of, or plea of guilty or nolo contendere to, a felony or any crime
involving fraud or embezzlement; 
 (ii)    the Participant’s conviction of or plea of guilty or
nolo contendere to any other act of moral turpitude, or a violation of federal or state law by the Participant that, in each case, the Company reasonably determines has had or will have a material detrimental effect on the Company’s reputation
or business; 
 (iii)    the Participant’s gross negligence or willful misconduct that is or may
reasonably be expected to have a material adverse effect on the reputation or interests of the Company; 

(iv)    the Participant’s material breach of any obligations under any written agreement or covenant
with the Company (including the Confidential Information, Invention Assignment, and Arbitration Agreement); 

(v)    the Participant’s material breach of a material Company policy, or material breach of a Company
policy that results in or could reasonably be expected to result in material loss, damage or injury to the Company and its subsidiaries, their goodwill, business or reputation; 

(vi)    the Participant’s willful or continued substantial failure to perform the Participant’s
duties (other than as a result of the Participant’s physical or mental incapacity;). 
 For purposes of this
Section 26(h), no act, or failure to act, by Executive will be considered “willful” if taken or omitted in the good faith belief that the act or omission was in, or not opposed to, the best interests of the
Company. 
 (i)    “Change in Control” means, except in connection with any initial public
offering of the Common Stock, the occurrence of any of the following events: 
 (i)    during any period
of not more than 36 months, the individuals who constitute the Board as of the beginning of the period (the “Incumbent Directors”) cease for any reason to constitute at least a majority of the Board, provided that any person
becoming a Director subsequent to the beginning of such period, whose election or nomination for election was approved by a vote of at least two-thirds of the Incumbent Directors then on the Board (either by a
specific vote or by approval of the proxy statement of the Company in which such person is named as a nominee for director, without written objection to such nomination) will be an Incumbent Director; provided, however, that no
individual initially elected or nominated as a Director of the Company as a result of an actual or publicly threatened election contest with respect to directors or as a result of any other actual or publicly threatened solicitation of proxies by or
on behalf of any person other than the Board will be deemed to be an Incumbent Director; 
 (ii)    any
“person” (as such term is defined in Section 3(a)(9) of the Exchange Act and as used in Sections 13(d)(3) and 14(d)(2) of the Exchange Act), is or becomes a Beneficial Owner, directly or indirectly, of securities of the Company
representing 50% or more of the combined voting power of the Company’s then-outstanding securities eligible to vote for the election of the Board (“Company Voting Securities”); provided, however, that the event
described in this paragraph (b) will not be deemed to be a Change in Control by virtue of the ownership, or acquisition, of Company Voting Securities: (A) by the Company, (B) by any employee benefit plan (or related trust)
sponsored or maintained by the Company, (C) by any underwriter temporarily holding securities pursuant to an offering of such securities or (D) pursuant to a Non-Qualifying Transaction (as defined in
paragraph (c) of this definition); 

  
 8 

 (iii)    the consummation of a merger, consolidation,
statutory share exchange or similar form of corporate transaction involving the Company that requires the approval of the Company’s stockholders, whether for such transaction or the issuance of securities in the transaction (a “Business
Combination”), unless immediately following such Business Combination: (A) more than 50% of the total voting power of (x) the entity resulting from such Business Combination (the “Surviving Entity”), or
(y) if applicable, the ultimate parent corporation that directly or indirectly has beneficial ownership of at least 95% of the voting power, is represented by Company Voting Securities that were outstanding immediately prior to such Business
Combination (or, if applicable, is represented by shares into which such Company Voting Securities were converted pursuant to such Business Combination), and such voting power among the holders thereof is in substantially the same proportion as the
voting power of such Company Voting Securities among the holders thereof immediately prior to the Business Combination, (B) no person (other than any employee benefit plan (or related trust) sponsored or maintained by the Surviving Entity or
the parent), is or becomes the Beneficial Owner, directly or indirectly, of 50% or more of the total voting power of the outstanding voting securities eligible to elect directors of the parent (or, if there is no parent, the Surviving Entity) and
(C) at least a majority of the members of the Board of the parent (or, if there is no parent, the Surviving Entity) following the consummation of the Business Combination were Incumbent Directors at the time of the Board’s approval of the
execution of the initial agreement providing for such Business Combination (any Business Combination which satisfies all of the criteria specified in (A), (B) and (C) of this paragraph (c) will be deemed to be a “Non-Qualifying Transaction”); or 
 (iv)    the consummation
of a sale of all or substantially all of the Company’s assets (other than to an affiliate of the Company); or 

(v)     the Company’s stockholders approve a plan of complete liquidation or dissolution
of the Company. 
 Notwithstanding the foregoing, a Change in Control will not be deemed to occur solely because (i) any person
acquires beneficial ownership of more than 50% of the Company Voting Securities as a result of the acquisition of Company Voting Securities by the Company which reduces the number of Company Voting Securities outstanding, provided that
if after such acquisition by the Company such person becomes the Beneficial Owner of additional Company Voting Securities that increases the percentage of outstanding Company Voting Securities beneficially owned by such person (excluding, for these
purposes, any Company Voting Securities beneficially owned by such person as a result of any vesting, exercise and/or settlement of Awards granted pursuant to this Plan or any successor plan), a Change in Control will then occur; (ii) Vishal
Garg and his affiliates and associates are deemed to beneficially own greater than 50% of the Company’s Voting Securities as a result of transfers or sales by third parties (including transfers and sales pursuant to which such third parties
convert or otherwise exchange shares of the Company’s Class B Common Stock for shares of the Company’s Class A Common Stock) that occur independently of Vishal Garg and his affiliates and associates; or (iii) of any such
transfers or sales by such third parties. In addition, a Change in Control will not be deemed to occur solely upon the consummation of the Merger contemplated by the Merger Agreement or the listing, on a national exchange, of equity securities of
the combined company surviving the Merger. 
 (j)     “Code” means the Internal Revenue Code of
1986, as amended. 
 (k)     “CIC Termination Period” shall have the meaning set forth in
Section 4(a). 
 (l)    “Committee” means the Compensation Committee
of the Board or any other committee appointed by the Board to perform the functions of the Compensation Committee 

  
 9 

 (m)    “Company” means Better Home &
Finance Holding Company, a Delaware corporation, or any successor thereto as provided in Section 11 herein. 

(n)    “Company Information” shall have the meaning set forth in
Section 9(e). 
 (o)     “Date of Termination” means (i) the
effective date on which the Participant’s employment by the Company terminates as specified in a prior written notice by the Company or the Participant, as the case may be, to the other, delivered pursuant to
Section 12 or (ii) if the Participant’s employment by the Company terminates by reason of death, the date of death of the Participant. 

(p)    “Determination” shall have the meaning set forth in
Section 10(b). 
 (q)    “Disability” means if, as a result of
Participant’s incapacity due to physical or mental illness, Participant has been substantially unable to perform his or her duties for a continuous period of 180 days. 

(r)    “Effective Date” shall have the meaning set forth in Section 25.

 (s)    “ERISA” means the Employee Retirement Income Security Act of 1974, as amended. 

(t)    “Exchange Act” means the United States Securities Exchange Act of 1934, as amended. 

(u)    “Excise Tax” shall have the meaning set forth in Section 10(a).

 (v)    “Good Reason” has the meaning set forth in any employment agreement or offer letter
between the Company and a Participant, or in the absence of any such agreement or if such agreement does not define “Good Reason”, means, without a Participant’s express written consent, the occurrence of any of the following: 

(i)    a material reduction in the Participant’s Base Salary or hourly wage rate and target bonus
opportunity, unless such reduction applies pursuant to an across-the-board reduction that affects all similarly situated employees; 

(ii)    a material diminution in the Participant’s position, authority, duties or responsibilities,
provided, that, any change to the Participant’s reporting relationship will not itself give rise to a right to terminate employment for Good Reason under this prong (ii); or 

(iii)    the Company’s material breach of any written agreement or covenant with the Company. 

1.    Notwithstanding the foregoing, no such act or omission will be treated as “Good Reason”
under this Agreement unless: (A) the Participant delivers to the Company a detailed, written statement of the basis for the Participant’s belief that such act or omission constitutes Good Reason, (B) the Participant delivers such
statement before the end of the ninety (90) day period which starts on the date there is an act or omission which forms the basis for the Participant’s belief that Good Reason exists, (C) the Participant gives the Company a thirty
(30) day period after the delivery of such statement to cure the basis for such belief and (D) the Participant actually submits his or her written resignation to the Company and terminates employment during the sixty (60) day period
which begins immediately after the end of such thirty (30) day period if the Participant reasonably and in good faith determines that Good Reason continues to exist after the end of such thirty (30) day period 

2.    Notwithstanding the foregoing, the Company placing the Participant on a paid leave for up to 90
days, pending the determination of whether there is a basis to terminate the Participant for Cause, will not constitute a “Good Reason” event; provided, further, that, if the Participant is subsequently terminated for Cause, then the
Participant will repay any amounts paid by the Company to the Participant during such paid leave period. 

  
 10 

 (w)    “Merger” shall have the meaning set forth
in Section 1. 
 (x)    “Merger Agreement” shall have the meaning set
forth in Section 1. 
 (y)    “Participant” shall have the meaning set
forth in Section 3. 
 (z)     “Payments” shall have the meaning set
forth in Section 10(a). 
 (aa)    “Plan” shall have the meaning set
forth in Section 1. 
 (bb)    “Qualifying Termination” means a
termination of the Participant’s employment with the Company (i) by the Company other than for Cause or (ii) by the Participant for Good Reason. Termination of the Participant’s employment on account of death, Disability, by the
Company for Cause or by the Participant other than for Good Reason shall not be treated as a Qualifying Termination. Notwithstanding the preceding sentence, the death of the Participant after notice of termination for Good Reason or without Cause
has been validly provided shall be deemed to be a Qualifying Termination. 
 (cc)    “Release”
shall have the meaning set forth in Section 5. 
 (dd)    “Safe Harbor
Cap” shall have the meaning set forth in Section 10(a). 

(ee)    “Subsidiary” means any corporation or other entity in which the Company has a direct or
indirect ownership interest of 50% or more of the total combined voting power of the then-outstanding securities or interests of such corporation or other entity entitled to vote generally in the election of directors (or members of any similar
governing body) or in which the Company has the right to receive 50% or more of the distribution of profits or 50% of the assets or liquidation or dissolution. 

(ff)     “Target Bonus” means the Participant’s target Annual Incentive Bonus for the fiscal
year in which the Date of Termination occurs. 
 (gg)    “Third Party” shall have the meaning
set forth in Section 4(a). 
 [signature page follows] 

  
 11 

 IN WITNESS WHEREOF, the parties hereto have executed this Plan on the date first above written. 

 

											
	THE COMPANY	 		 		 	EXECUTIVE
						
	Signature:	 		 		 		 	Signature:	 	  

											
						
	Date:	 	  
	 		 		 	Date:	 	  

						
	Title:	 	  
	 		 		 		 	

  
 12 

 EXHIBIT A 

BETTER HOLDCO, INC. 

EXECUTIVE CHANGE-IN-CONTROL SEVERANCE PLAN 

 

							
	 Provision
	  	 Tier 1: CEO
	  	 Tier 2: Other C-Level /
L13
	  	 Tier 3: EVP-SVP /
L12

	 Severance Multiple of Base Salary
	  	2	  	1.5	  	1.0
				
	 Continuation of Benefits Period
	  	18 months	  	12 months	  	12 months

  
 13

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