Document:

Amended and Restated Change in Control Agreement

 Exhibit 10.6 

EXECUTION COPY 

AMENDED AND RESTATED 

CHANGE IN CONTROL AGREEMENT 

This AMENDED AND RESTATED CHANGE IN CONTROL AGREEMENT is entered into as of the
31st day of May, 2010 (this “Agreement”),
by and between THE FIRST AMERICAN CORPORATION, a California corporation (“FAC”), FIRST AMERICAN FINANCIAL CORPORATION, a Delaware corporation (“FAF”), and Parker S. Kennedy (the “Executive”).

 W I T N E S S E T H: 

WHEREAS, FAC and FAF intend to enter into a Separation and Distribution Agreement on or about June 1, 2010 (the “Separation
Agreement”), pursuant to which FAC will separate into two separate, publicly traded companies, one for the financial services group which will be owned and conducted, directly or indirectly, by FAF, and one for the information solutions
group which will continue to be owned and conducted, directly or indirectly, by FAC, which, following the closing of the transactions described in the Separation Agreement, including the reincorporation of FAC under the laws of Delaware, will be
known as CoreLogic, Inc. (“CoreLogic”); and 
 WHEREAS, following the transactions contemplated by the
Separation Agreement, Executive will be simultaneously employed by both CoreLogic and FAF; and 
 WHEREAS, FAC, FAF and the
Executive desire to enter into this amendment and restatement of the Agreement on the terms and conditions set forth below, to reflect the transactions contemplated by the Separation Agreement, and to ensure that FAC, and, following the consummation
of the transactions contemplated by the Separation Agreement, CoreLogic and FAF, will have the continued dedication of the Executive, notwithstanding the possibility, threat, or occurrence of a Change in Control (as defined below) of CoreLogic or
FAF, as applicable. 
 NOW, THEREFORE, in consideration of the premises and mutual covenants set forth herein, it is hereby
agreed by and between the parties as follows: 
 1.      Effect of Separation. 

(a)      With respect to periods prior to the consummation of the transactions contemplated
by the Separation Agreement, the term “Company” as used herein shall mean FAC. 

(b)      Because Executive will be employed both by CoreLogic and FAF or one of their
respective direct or indirect subsidiaries, (i) this Agreement shall automatically, without further action taken by Executive, FAC, CoreLogic, and/or FAF, be assumed by and/or remain the obligation of both FAC/CoreLogic and FAF, and
(ii) all references in this Agreement to the “Company” with respect to periods from and after the consummation of the transactions contemplated by the Separation Agreement shall mean FAF and/or CoreLogic, as appropriate.

 2.      Term of Agreement. (a) This Agreement
shall commence on the date hereof and shall continue through December 31, 2010 (the “Original Term”); provided, however, that on such date and on each December 31 thereafter, the Original Term of this
Agreement shall automatically be extended for one (1) additional year (each, an “Extended Term”) unless, not later than the preceding January 1 any party shall have given notice that such party does not wish to extend the
term of this Agreement beyond the Original Term and any Extended Term; and provided, further, that if a Change in Control (as defined in paragraph 4 below) of CoreLogic or FAF, as applicable, shall have occurred during the Original
Term or any Extended Term of this Agreement, the term of this Agreement with respect to CoreLogic or FAF, as appropriate, shall continue for a period of thirty-six (36) calendar months beyond the calendar month in which such Change in Control
occurs (the Original Term, each Extended Term, if any, and such thirty-six (36) month period, collectively, the “Term”). 

(b) Each of CoreLogic and FAF shall have the separate right to terminate its participation under this Agreement as provided in paragraph
2(a), provided that the Agreement shall remain in force with respect to Executive and the non-terminating Company. 

3.      Employment After a Change in Control. (a) If the Executive is in the employ of
CoreLogic (which for this purpose shall also include any subsidiary of CoreLogic) on the date of a Change in Control of CoreLogic, CoreLogic hereby agrees to continue the Executive in its employ (and/or, in the case of any subsidiary of CoreLogic,
the employ of such subsidiary) for the period commencing on the date of the Change in Control of CoreLogic and ending on the last day of the Term of this Agreement. During the period of employment described in the foregoing provision of this
paragraph 3(a) (the “Employment Period”), the Executive shall hold such position with CoreLogic (which for this purpose shall also include any subsidiary of CoreLogic) and exercise such authority and perform such executive duties as
are commensurate with the Executive’s position, authority, and duties immediately prior to the Change in Control of CoreLogic. The Executive agrees that during the Employment Period the Executive shall devote full business time exclusively to
the executive duties described herein (which may include FAF duties) and perform such duties faithfully and efficiently; provided, however, that nothing in this Agreement shall prevent the Executive from voluntarily resigning from
employment upon sixty (60) days’ written notice to CoreLogic under circumstances which do not constitute a Termination (as defined below in paragraph 6). 

(b)      If the Executive is in the employ of FAF (which for this purpose shall also include any subsidiary
of FAF) on the date of a Change in Control of FAF, FAF hereby agrees to continue the Executive in its employ (and/or, in the case of any subsidiary of FAF, the employ of such subsidiary) for the period commencing on the date of the Change in Control
of FAF and ending on the last day of the Term of this Agreement. During the period of employment described in the foregoing provision of this paragraph 3(b) (the “Employment Period”), the Executive shall hold such position with FAF
(which for this purpose shall also include any subsidiary of FAF) and exercise such authority and perform such executive duties as are commensurate with the Executive’s position, authority, and duties immediately prior to the Change in Control
of FAF. The Executive agrees that during the Employment Period the Executive shall devote full business time exclusively to the executive duties described herein (which may include CoreLogic duties) and perform such duties faithfully and
efficiently; 
  

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provided, however, that nothing in this Agreement shall prevent the Executive from voluntarily resigning from employment upon sixty (60) days’ written notice to FAF under
circumstances which do not constitute a Termination (as defined below in paragraph 6). 

4.      Change in Control. For purposes of this Agreement, a “Change in Control”
means the happening of any of the following: 
 (a)      The consummation of a
merger or consolidation of the applicable Company with or into another entity or any other corporate reorganization, if fifty percent (50%) or more of the combined voting power of the continuing or surviving entity’s securities outstanding
immediately after such merger, consolidation, or other reorganization is owned by persons who were not shareholders of the applicable Company immediately prior to such merger, consolidation, or other reorganization. 

(b)      The sale, transfer, or other disposition of all or substantially all of the
applicable Company’s assets or the complete liquidation or dissolution of the Company. 

(c)      A change in the composition of the Board of Directors of the applicable Company
(“Board”) occurring within a two (2) year period, as a result of which fewer than a majority of the directors are Incumbent Directors. Prior to the consummation of the transactions contemplated by the Separation Agreement,
“Incumbent Directors” shall mean directors who are directors of FAC as of the date of this Agreement. Following the consummation of the transactions contemplated by the Separation Agreement, “Incumbent Directors”
shall mean directors who are directors of the Company immediately following the consummation of the transactions contemplated by the Separation Agreement. In each case, “Incumbent Directors” shall also include directors who are
elected, or nominated for election, to the Board with the affirmative votes of at least a majority of the Incumbent Directors at the time of such election or nomination, but shall not include an individual not otherwise an Incumbent Director whose
election or nomination is in connection with an actual or threatened proxy contest relating to the election of directors to the applicable Company. 

(d)      Any transaction as a result of which any person or group is or becomes the
“beneficial owner” (as defined in Rule 13d-3 under the Securities Exchange Act of 1934), directly or indirectly, of securities of the applicable Company representing at least twenty-five percent (25%) of the total voting power
of the Company’s then outstanding voting securities. For purposes of this paragraph, the term “person” shall have the same meaning as when used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, but shall
exclude: (i) a trustee or other fiduciary holding securities under an employee benefit plan of the applicable Company or of a subsidiary of thereof; (ii) so long as a person does not thereafter increase such person’s beneficial
ownership of the total voting power represented by the applicable Company’s then outstanding voting securities, a person whose beneficial ownership of the total voting power represented by the Company’s then outstanding voting securities
increases to twenty-five percent (25%) or more as a result of the acquisition of voting securities of the applicable Company by such Company which reduces the number of such voting securities then outstanding; or (iii) so long as a person
does not thereafter increase such person’s beneficial ownership of 
  

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the total voting power represented by the applicable Company’s then outstanding voting securities, a person that acquires directly from the applicable Company securities of the Company
representing at least twenty-five percent (25%) of the total voting power represented by the Company’s then outstanding voting securities. 

A transaction shall not constitute a Change in Control if its sole purpose is to change the state of the applicable Company’s
incorporation or to create a holding company that will be owned in substantially the same proportions by the persons who held the applicable Company’s securities immediately before such transaction. 

For the avoidance of doubt, the consummation of any or all of the transactions contemplated by the Separation Agreement will not be
considered a Change in Control for purposes of this Agreement and no action taken that is reasonably related to the transactions contemplated by the Separation Agreement and/or the establishment of FAF as an independent publicly-traded company will
be considered Good Reason for purposes of this Agreement. 
 5.      Compensation During the
Employment Period. During the Employment Period, the Executive shall be compensated as follows: 

(a)      The Executive shall receive an annual salary from the applicable Company which is
not less than his or her annual salary immediately prior to the Employment Period and shall be eligible to receive an increase in annual salary which is not materially less favorable to the Executive than increases in salary granted by the
applicable Company for executives with comparable duties; 
 (b)      The
Executive shall be eligible to participate in short-term and long-term cash-based incentive compensation plans from the applicable Company which, in the aggregate, provide bonus opportunities which are not materially less favorable to the Executive
than the greater of: (i) the opportunities provided by the Company for executives with comparable duties; and (ii) the opportunities provided to the Executive under all such plans in which the Executive was participating prior to the
Employment Period; 
 (c)      The Executive shall be eligible to participate in
stock option, performance awards, restricted stock, and other equity-based incentive compensation plans from the applicable Company on a basis not materially less favorable to the Executive than that applicable: (i) to the Executive immediately
prior to the Employment Period; or (ii) to other executives of the applicable Company with comparable duties; and 

(d)      The Executive shall be eligible to receive employee benefits (including, but not
limited to, tax-qualified and nonqualified savings plan benefits, medical insurance, disability income protection, life insurance coverage, and death benefits) and perquisites (including, without limitation, a Company vehicle and Company-paid or
assisted membership dues) from the applicable Company which are not materially less favorable to the Executive than: (i) the employee benefits and perquisites provided by the applicable Company to executives with comparable duties; or
(ii) the employee benefits and perquisites to which the Executive would be entitled under the applicable Company’s 
  

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employee benefit plans and perquisites as in effect immediately prior to the Employment Period. 

6.      Termination. For purposes of this Agreement, the term “Termination” shall
mean at termination of the Executive’s employment with the Company that has experienced the Change in Control either: (a) during the Employment Period by the Company for any reason other than death, Disability (as defined below), or Cause
(as defined below); (b) during the Window Period by the Executive for any reason whatsoever; or (c) during the Employment Period (other than during the Window Period) by the Executive for Good Reason (as defined below). 

Notwithstanding anything in this Agreement to the contrary, if: (a) the Executive’s employment with the Company that has
experienced a Change in Control is terminated within six (6) months prior to the actual occurrence of the Change in Control for reasons that would constitute a Termination if it had occurred following the Change in Control; (b) the
Executive reasonably demonstrates that such termination (or Good Reason event) was at the request of a third party who had indicated an intention or had taken steps reasonably calculated to effect a Change in Control of the applicable Company; and
(c) a Change in Control of the applicable Company involving such third party (or a party competing with such third party to effectuate a Change in Control) does occur, then for purposes of this Agreement, the date immediately prior to the date
of such termination of employment or event constituting Good Reason shall be treated as a Change in Control and such termination shall be treated as a Termination. For purposes of determining the timing of payments and benefits to the Executive
under this Agreement as a result of this paragraph, payment shall be made in accordance with the provisions of paragraph 7(a). 

The date of the Executive’s Termination under this paragraph 6 shall be the date of the Executive’s “Separation from
Service” (as defined under Section 409A of the Internal Revenue Code (the “Code”)). 
 For purposes
of this Agreement, “Disability” means such physical or mental disability or infirmity of the Executive which, in the opinion of a competent physician, renders the Executive unable to perform properly his or her duties set forth in
paragraph 3 of this Agreement, and as a result of which the Executive is unable to perform such duties for six (6) consecutive calendar months or for shorter periods aggregating one hundred eighty (180) business days in any twelve
(12) month period. For purposes of this paragraph, a competent physician shall be a physician mutually agreed upon by the Executive and the Board. If a mutual agreement cannot be reached, the Executive shall designate a physician and the Board
shall designate a physician and these two physicians shall select a third physician who shall be the “competent physician.” 

For purposes of this Agreement, the term “Cause” means: (a) the willful and continued failure by the Executive to
substantially perform the Executive’s duties with the Company (which for purposes of this paragraph shall also include subsidiaries of the Company) after written notification by the Board; (b) the willful engaging by the Executive in
conduct which is demonstrably injurious to the Company, monetarily or otherwise; or (c) the engaging by the Executive in egregious misconduct involving serious moral turpitude. For purposes of this Agreement, no act, or failure to act, on the
Executive’s part shall be deemed “willful” unless 
  

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done, or omitted to be done, by the Executive not in good faith and without reasonable belief that such action was in the best interest of the Company. 

For purposes of this Agreement, the term “Window Period” means the period commencing on the first
anniversary of the Change in Control and ending at 5:00 p.m., Los Angeles time, on the thirtieth
(30th) day thereafter. 

For purposes of this Agreement, the term “Good Reason” means, without the Executive’s express written consent, the
occurrence after a Change in Control of any of the following circumstances: 

(a)      The assignment to the Executive by the Company of duties which, in the reasonable
determination of the Executive, are a significant adverse alteration in the nature or status of the Executive’s position, responsibilities, duties, or conditions of employment from those in effect immediately prior to the occurrence of the
Change in Control; or any other action by the Company that, in the reasonable determination of the Executive, results in a material diminution in the Executive’s position, authority, duties, or responsibilities from those in effect immediately
prior to the occurrence of the Change in Control; 
 (b)      A reduction in the
Executive’s annual base compensation as in effect on the occurrence of the Change in Control; 

(c)      The relocation of the Company’s offices at which the Executive is principally
employed immediately prior to the Change in Control (the “Principal Location”) to a location more than fifty (50) miles from such location or the Company’s requiring the Executive to be based anywhere other than the
Principal Location, except for required travel on the Company’s business to an extent substantially consistent with the Executive’s business travel obligations prior to the Change in Control; 

(d)      The Company’s failure to pay to the Executive any portion of the
Executive’s compensation or to pay to the Executive any portion of an installment of deferred compensation under any deferred compensation program of the Company within ten (10) days of the date such compensation is due; or 

(e)      The Company’s failure to continue in effect any material compensation or
benefit plan or practice in which the Executive is eligible to participate on the occurrence of the Change in Control, unless an equitable arrangement (embodied in an ongoing substitute or alternative plan) has been made with respect to such plan or
practice, or the Company’s failure to continue the Executive’s participation therein (or in such substitute or alternative plan) on a basis not materially less favorable, both in terms of the amount of benefits provided and the level of
the Executive’s participation relative to other participants, as existed at the time of the Change in Control. 
  

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 7.      Severance Payments and Benefits.
(a) Subject to the provisions of paragraph 9 below, in lieu of the amount otherwise payable under paragraph 5(a), (b) and (c) above: 

(1)      if the Executive is employed by both Companies and the Company which experienced a
Change of Control Terminates the Executive, such Company shall pay the Executive a lump-sum payment in cash no later than ten (10) business days after the date of Termination equal to the sum of: 

(i)        The sum of: (A) the Executive’s base salary from the
applicable Company through and including the date of Termination and any bonus amounts from the applicable Company which have become payable, to the extent either has not theretofore been paid; (B) a pro rata portion of the Executive’s
annual bonus for the fiscal year in which the date of Termination occurs in an amount equal to (1) 50% of the Executive’s Multiple Employer Bonus Amount (as defined below), multiplied by (2) a fraction, the numerator of which is the
number of days in the fiscal year in which the date of Termination occurs through and including the date of Termination, and the denominator of which is three hundred sixty-five (365); (C) accrued and unpaid vacation pay from the applicable
Company through and including the date of Termination; and (D) unreimbursed business expenses from the applicable Company through and including the date of Termination; 

(ii)       An amount equal to 50% of the product of the Applicable Multiple (as
defined below) and the Executive’s combined annual salary from both Companies in effect immediately prior to the date of Termination; and 

(iii)      An amount equal to 50% of the product of the Applicable Multiple and the
Executive’s Multiple Employer Bonus Amount; 
 OR 

(2)      If this Agreement has been terminated with respect to one Company but not the
other Company (whether pursuant to paragraph 2(b), Executive’s retirement from one Company or otherwise) and a Change in Control of and related Termination from the Company that continues to be a party to this Agreement subsequently occurs,
such Company shall pay the Executive a lump-sum payment in cash no later than ten (10) business days after the date of Termination equal to the sum of: 

(i)        The sum of: (A) the Executive’s base salary from the
applicable Company through and including the date of Termination and any bonus amounts from the applicable Company which have become payable, to the extent either has not theretofore been paid; (B) a pro rata portion of the Executive’s
annual bonus from the applicable Company for the fiscal year in which the date of Termination occurs in an amount equal to: (1) the Executive’s Single Employer Bonus Amount (as defined below), multiplied by (2) a fraction, the
numerator of which is the number of days in the fiscal year in which the date of Termination occurs through and including the date of Termination, and the denominator of 

 

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which is three hundred sixty-five (365); (C) accrued and unpaid vacation pay from the applicable Company through and including the date of Termination; and (D) unreimbursed business
expenses from the applicable Company through and including the date of Termination; 

(ii)       An amount equal to the product of the Applicable Multiple and the
Executive’s annual salary from the applicable Company in effect immediately prior to the date of Termination; and 

(iii)      An amount equal to the product of the Applicable Multiple and the
Executive’s Single Employer Bonus Amount. 
 Notwithstanding the provisions of this paragraph 7(a), with respect to any
amounts which constitute a deferral of compensation subject to Section 409A of the Code and provided the Executive is a “Specified Employee” (as defined under Section 409A of the Code), such amounts shall be paid to the Executive
on the date which is six (6) months after his or her date of Separation from Service. 

(b)(1)    Subject to the provisions of paragraph 9 below, in the event of a Termination from
CoreLogic, in addition to its obligation under paragraph 7(a) and in lieu of the amounts otherwise payable under paragraph 5(d) above, CoreLogic shall continue to provide the Executive (and, if applicable, the Executive’s dependents), for a
twenty-four (24) month period following the date of Termination, with the same level of benefits described in paragraph 5(d) of this Agreement upon substantially the same terms and conditions (including contributions required by the Executive
for such benefits) as existed immediately prior to the date of Termination (or, if more favorable to the Executive, as such benefits and terms and conditions existed immediately prior to the Change of Control), after taking into account the benefits
provided by FAF, provided, that if the Executive cannot continue to participate in the CoreLogic plans providing such benefits, CoreLogic shall otherwise provide such benefits on the same after-tax basis as if continued participation had been
permitted, and further provided the amount of expenses eligible for reimbursement during the Executive’s taxable year shall not affect the expenses eligible for reimbursement in any other taxable year. Notwithstanding the foregoing provisions
of this paragraph, in the event the Executive becomes reemployed with another employer and becomes eligible to receive welfare benefits from such employer, the welfare benefits described in this Agreement shall be secondary to such benefits during
the period of the Executive’s eligibility, but only to the extent that CoreLogic reimburses the Executive for any increased cost and provides any additional benefits necessary to give the Executive the benefits provided hereunder. 

(b)(2)    Subject to the provisions of paragraph 9 below, in the event of a Termination from FAF, in
addition to its obligation under paragraph 7(a) and in lieu of the amounts otherwise payable under paragraph 5(d) above, FAF shall continue to provide the Executive (and, if applicable, the Executive’s dependents), for a twenty-four
(24) month period following the date of Termination, with the same level of benefits described in paragraph 5(d) of this Agreement upon substantially the same terms and 

 

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conditions (including contributions required by the Executive for such benefits) as existed immediately prior to the date of Termination (or, if more favorable to the Executive, as such benefits
and terms and conditions existed immediately prior to the Change of Control), after taking into account the benefits provided by CoreLogic, provided, that if the Executive cannot continue to participate in the FAF plans providing such
benefits, FAF shall otherwise provide such benefits on the same after-tax basis as if continued participation had been permitted, and further provided the amount of expenses eligible for reimbursement during the Executive’s taxable year shall
not affect the expenses eligible for reimbursement in any other taxable year. Notwithstanding the foregoing provisions of this paragraph, in the event the Executive becomes reemployed with another employer and becomes eligible to receive welfare
benefits from such employer, the welfare benefits described in this Agreement shall be secondary to such benefits during the period of the Executive’s eligibility, but only to the extent that FAF reimburses the Executive for any increased cost
and provides any additional benefits necessary to give the Executive the benefits provided hereunder. 
 For purposes of this
Agreement, the term “Applicable Multiple” means: (a) in the case of termination of the employment of the Executive during the Window Period by the Executive for any reason whatsoever, two (2); or (b) in the case of
(i) termination of the employment of the Executive during the Employment Period by the Company for any reason other than death, Disability, or Cause and (ii) termination of the employment of the Executive during the Employment Period
(other than during the Window Period) by the Executive for Good Reason, three (3). 
 For purposes of this Agreement, the term
“Multiple Employer Bonus Amount” means the highest annual discretionary incentive bonus (including cash bonuses and stock bonuses) earned by the Executive during the last four (4) completed fiscal years immediately preceding
the date of Termination (i) for such portion of the four fiscal year period prior to the consummation of the transactions contemplated by the Separation Agreement, from FAC and its subsidiaries and (ii) for such portion of the four fiscal
year period following the consummation of the transactions contemplated by the Separation Agreement, from both Companies and their subsidiaries on an aggregate basis (in each case annualized in the event the Executive was not employed by either FAC
or CoreLogic and FAF (and/or any of their respective subsidiaries), as applicable, for the whole of any such fiscal year). 

For purposes of this Agreement, the term “Single Employer Bonus Amount” means the highest annual discretionary incentive
bonus (including cash bonuses and stock bonuses) earned by the Executive during the last four (4) completed fiscal years immediately preceding the date of Termination (i) for such portion of the four fiscal year period prior to the
consummation of the transactions contemplated by the Separation Agreement, from FAC and its subsidiaries, divided by two and (ii) for such portion of the four fiscal year period following the consummation of the transactions contemplated by the
Separation Agreement, from the Company that experienced the Change in Control and is subsidiaries (in each case annualized in the event the Executive was not employed by either FAC or such Company (and/or any of their respective subsidiaries), as
applicable, for the whole of any such fiscal year). 
  

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 8.       Make-Whole Payments. Under certain
circumstances following a Change in Control, a portion of the present value of the benefits payable either under the Agreement or otherwise, or upon the acceleration of the vesting of outstanding stock options, restricted stock and performance
shares could be subject to an excise tax imposed by Section 4999 of the Code and/or any similar tax that may hereafter be imposed under any successor provision or by any taxing authority (collectively, the “Excise Taxes”) and
be nondeductible by the applicable Company. The applicable Company agrees to reimburse the Executive for any such Excise Taxes, together with any additional excise or income taxes resulting from such reimbursement, whether or not the employment of
the Executive has been terminated. The applicable Company will make such payment to the Executive by the end of the Executive’s taxable year next following the Executive’s taxable year in which he remits the related taxes. 

9.       Withholding. All payments to the Executive under this Agreement will be subject to all
applicable withholding of state and federal taxes. 
 10.      Arbitration of All Disputes.
Any controversy or claim arising out of or relating to this Agreement or the breach thereof shall be settled by arbitration in Santa Ana, California, in accordance with the laws of the State of California or such other location mutually agreeable to
the parties, by three (3) arbitrators appointed by the parties. If the parties cannot agree on the appointment of the arbitrators, one shall be appointed by the applicable Company and one by the Executive and the third shall be appointed by the
first two arbitrators. The arbitration shall be conducted in accordance with the rules of the American Arbitration Association, except with respect to the selection of arbitrators which shall be as provided in this paragraph 10. Judgment upon the
award rendered by the arbitrators may be entered in any court having jurisdiction thereof. In the event that it shall be necessary or desirable, as determined by the Executive in his or her sole discretion, for the Executive to retain legal counsel
or incur other costs and expenses in connection with interpretation or enforcement of his or her rights under this Agreement, the applicable Company shall pay (or the Executive shall be entitled to recover from the applicable Company, as the case
may be) his or her reasonable attorneys’ fees and costs and expenses in connection with interpretation or enforcement of his or her rights (including the enforcement of any arbitration award in court). Payments shall be made to the Executive at
the time such fees, costs, and expenses are incurred. If, however, the arbitrators shall determine that, under the circumstances, payment by the applicable Company of all or a part of any such fees and costs and expenses would be unjust, the
Executive shall repay such amounts to the applicable Company in accordance with the order of the arbitrators. Any award of the arbitrators shall include interest at a rate or rates considered just under the circumstances by the arbitrators.

 11.      Mitigation and Set-Off. The Executive shall not be required to mitigate the
amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the
Executive, any amounts earned by the Executive in other employment after termination of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he or she sought such other employment.

  

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 12.      Notices. Any notice of Termination of the
Executive’s employment by the Company or the Executive for any reason shall be upon no less than ten (10) days’ and no greater than thirty (30) days’ advance written notice to the other party. Any notices, requests, demands,
and other communications provided for by this Agreement shall be sufficient if in writing and if sent by registered or certified mail to the Executive at the last address he or she has filed in writing with the Company or, in the case of the
Company, to the attention of the Secretary of the Company, at its principal executive offices. 

13.      Non-Alienation. The Executive shall not have any right to pledge, hypothecate, anticipate,
or in any way create a lien upon any amounts provided under this Agreement; and no benefits payable hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts, or by operation of law. Nothing in this paragraph
shall limit the Executive’s rights or powers to dispose of his or her property by will or limit any rights or powers which his or her executor or administrator would otherwise have. 

14.      Governing Law. The provisions of this Agreement shall be construed in accordance with the
laws of the State of California, without application of conflict of laws provisions thereunder. 

15.      Amendment. This Agreement may not be amended, modified, waived, or terminated except by
mutual agreement of the parties in writing. 
 16.      Heirs of the Executive. This
Agreement shall inure to the benefit of and be enforceable by the Executive’s personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive should die while any amounts
are still payable to the Executive hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive’s devisee, legatee, or other designee or, if there be no such
designee, to the Executive’s estate. 
 17.      Successors to the Company. This
Agreement shall be binding upon and inure to the benefit of the Company and any successor of the Company. The Company shall require: (i) 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;
and (ii) the parent entity of any successor in such business combination to guarantee the performance of such successor hereunder. Failure of the applicable Company to obtain such assumption and agreement (and, if applicable, such guarantee)
prior to the effectiveness of any such succession shall be a breach of this Agreement and shall entitle the Executive to receive compensation from the applicable Company in the same amount and on the same terms to which the Executive would be
entitled hereunder if the Executive terminated the Executive’s employment with the applicable Company for Good Reason following a Change in Control of the applicable Company, except that for purposes of implementing the foregoing, the date on
which any such succession becomes effective shall be deemed the date of Termination. Unless expressly provided otherwise, the term “Company” as used herein shall mean the applicable Company as defined in this Agreement and any
successor to its business and/or assets as aforesaid. For the avoidance of doubt, the consummation of the transactions contemplated by the Separation Agreement shall not 

 

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be deemed a transfer of “all or substantially all of the business and/or assets” of FAC for any purpose under this Agreement. 

18.      Reimbursement of Expenses. To the extent this Agreement provides for the reimbursement of
expenses which are not specifically excluded from Section 409A of the Code, such expenses shall be eligible for reimbursement for the lifetime of the Executive, and the amount of expenses eligible for reimbursement during the Executive’s
taxable year shall not affect the expenses eligible for reimbursement in any other taxable year. 

19.      Employment Status. Nothing herein contained shall be deemed to create an employment
agreement between the Company and the Executive, providing for the employment of the Executive by the Company for any fixed period of time. The Executive’s employment with the Company is terminable at will by the Company or the Executive and
each shall have the right to terminate the Executive’s employment with the Company at any time, with or without Cause, subject to: (a) the notice provisions of paragraphs 3, 6, and 12, (b) the Company’s obligation to provide
severance payments as required by paragraph 7 and (c) the terms and conditions of any employment agreement between the Company and the Executive. Except as otherwise provided herein, upon a termination of the Executive’s employment prior
to the date of a Change in Control, there shall be no further rights under this Agreement. 

20.      Severability. In the event that any provision or portion of this Agreement shall be
determined to be invalid or unenforceable for any reason, the remaining provisions of this Agreement shall be unaffected thereby and shall remain in full force and effect. 

21.      Counterparts. This Agreement may be executed in two (2) or more counterparts, any one
(1) of which shall be deemed the original without reference to the other. 

22.      Entire Agreement. This Agreement, together with the letter agreement among the parties
hereto dated on or about the date hereof that addresses Executive’s benefits generally in connection with the separation transaction (the “Letter Agreement”), contains the entire understanding of the parties hereto with respect
to the subject matter contained herein and supersedes all prior agreements and understandings, oral and written, with respect thereto (including any prior Change in Control Agreement between the parties); provided, for the avoidance of doubt,
that this Agreement does not supersede all or any portion (including, without limitation, any provision governing the effect of any change in control) of any benefit plan or compensation plan of the Company. In the event of any conflict between the
terms of this Agreement and the Letter Agreement, the terms of the Letter Agreement shall control. Any reference to any prior Change in Control Agreement between the parties shall from and after the date hereof be deemed to be a reference to this
Agreement. 
 [INTENTIONALLY LEFT BLANK] 
  

 12 

 IN WITNESS WHEREOF, the Executive has hereunto set his or her hand and, FAC and FAF have
caused these presents to be executed in their name and on their behalf, all as of the day and year first above written. 
  

			
	“Executive”
	
	 /s/ Parker S. Kennedy

	Parker S. Kennedy
	
	THE FIRST AMERICAN CORPORATION
		
	By:	 	 /s/ Anand Nallathambi

		 	Anand Nallathambi
	Its:	 	Executive Vice President
	
	FIRST AMERICAN FINANCIAL CORPORATION
		
	By:	 	 /s/ Kenneth D. DeGiorgio

		 	Kenneth D. DeGiorgio
	Its:	 	Executive Vice President

  

 13Form of Notice of Performance-Based Restricted Stock Unit Grant

 Exhibit 10.7 

[Employee] 

Notice of Performance-Based Restricted Stock Unit Grant 

 

	 Participant: 
	[Participant Name] 

  

	 Company: 
	CoreLogic, Inc. 

  

	 Notice: 
	You have been granted the following Performance-Based Restricted Stock Units (“Performance-Based RSUs”) in accordance with the terms of the Plan and the Performance-Based Restricted
Stock Unit Award Agreement attached hereto. 

  

	 Type of Award: 
	Performance-Based RSUs 

  

	 Plan:  
	The CoreLogic, Inc. 2006 Incentive Compensation Plan 

  

	 Grant: 
	Date of Grant: [Grant Date]  

 Number of
Shares Underlying Performance-Based RSUs: [Number of shares Granted] 
  

	 Vesting: 
	Subject to the terms of the Plan and this Agreement, the vesting and payment of the Performance-Based RSUs shall be subject to the attainment of the Performance Measures set forth below. The
vesting schedule set forth below requires the Participant’s continued employment or service through each applicable vesting date as a condition to the vesting of any of the Shares underlying the Performance-Based RSUs. Except as provided in
Section 4 of this Agreement, employment or service for only a portion of the vesting period, even if a substantial portion, will not entitle the Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits
upon or following a termination of employment or services as provided in Section 4 below or under the Plan. 

Performance Measures 

[Performance Measures to be inserted here] 
  

	 Rejection: 
	If you wish to accept this Performance-Based RSU Award, please access Fidelity
NetBenefits® at www.netbenefits.com and follow the steps outlined under the “Accept Grant” link
at any time within forty-five (45) days after the Date of Grant. If you do not accept your grant via Fidelity
NetBenefits® within forty-five (45) days after the Date of Grant, you will have rejected this
Performance-Based RSU Award. 

 [Employee] 

Performance-Based Restricted Stock Unit Award Agreement 

This Performance-Based Restricted Stock Unit Award Agreement (this “Agreement”), dated as of the Date of Grant set forth in
the Notice of Performance-Based Restricted Stock Unit Grant attached hereto (the “Grant Notice”), is made between CoreLogic, Inc. (the “Company”) and the Participant set forth in the Grant Notice. The Grant Notice is included in
and made part of this Agreement. 
  

	 	1.	Definitions. 

Capitalized terms used but not defined in this Agreement (including the Grant Notice) have the meaning set forth in the Plan.

 “Cause” shall be defined as: (i) embezzlement, theft or misappropriation by the Participant of any property
of any of the Company or its affiliates; (ii) Participant’s breach of any fiduciary duty to the Company or its affiliates; (iii) Participant’s failure or refusal to comply with laws or regulations applicable to the Company or its
affiliates and their businesses or the policies of the Company and its affiliates governing the conduct of its employees or directors; (iv) Participant’s gross incompetence in the performance of Participant’s job duties;
(v) commission by Participant of a felony or of any crime involving moral turpitude, fraud or misrepresentation; (vi) the failure of Participant to perform duties consistent with a commercially reasonable standard of care;
(vii) Participant’s failure or refusal to perform Participant’s job duties or to perform specific directives of Participant’s supervisor or designee, or the senior officers or Board of Directors of the Company; or (viii) any
gross negligence or willful misconduct of Participant resulting in loss to the Company or its affiliates, or damage to the reputation of the Company or its affiliates. 
  

	 	2.	Grant of the Performance-Based RSUs. 

Subject to the provisions of this Agreement and the provisions of the Plan, the Company hereby grants to the Participant, pursuant to
the Plan, a right to receive the number of shares of common stock of the Company, par value $0.00001 per share (“Shares”), set forth in the Grant Notice (the “Performance-Based RSUs”). 

 

	 	3.	Dividend Equivalents. 

Each Performance-Based RSU shall accrue Dividend Equivalents with respect to dividends that would otherwise be paid on the Share
underlying such Performance-Based RSU during the period from the Grant Date to the earlier of the date such Share is paid in accordance with this Agreement or the date the Share is forfeited pursuant to the terms of this Agreement. As of any date in
this period that the Company pays an ordinary cash dividend on its shares of common stock, the Company shall credit the Participant with an additional number of Performance-Based RSUs equal to (i) the per share cash dividend paid by the Company
on its common stock on such date, multiplied by (ii) the total number of Performance-Based RSUs subject to the Award as of the related dividend payment record date (including any Dividend Equivalents previously credited hereunder), divided by
(iii) the Fair Market Value of a share of common stock on the date of payment of such dividend. Any Performance-Based RSUs credited pursuant to the foregoing provisions of this Section 3 shall be subject to the attainment of the same
Performance Measures applicable to the original Performance-Based RSUs to which they relate, and shall otherwise be subject to the same vesting, payment, delivery and other terms, conditions and restrictions as the original Performance-Based RSUs to
which they relate. Any such crediting of Dividend Equivalents shall be conclusively determined by the Committee. 
  

	 	4.	Vesting and Payment; Termination. 

The Performance-Based RSUs shall vest and become payable subject to the attainment of the Performance Measures as set forth in the Grant
Notice. Subject to the terms of the Plan and the remaining provisions of this Section 4, all Performance-Based RSUs which have not become vested and payable prior to the date of the Participant’s Termination shall be immediately forfeited.
Notwithstanding the foregoing to the contrary, in the event of the Participant’s Termination due to his or her death, Disability or Normal Retirement, in each case prior to the Shares underlying the Performance-Based RSUs becoming vested and
payable, then the Shares underlying the Performance-Based RSUs shall remain outstanding and shall be eligible to become vested and 

 

 - 2 - 

 
payable based on the attainment of the Performance Measures set forth in the Grant Notice or in connection with a Change of Control as provided in Section 5. Any such Shares that become
vested and payable shall be paid (together with Shares comprising all accrued Dividend Equivalents with respect to such Shares) to the Participant at the same time as specified in Section 5 or Section 6, as applicable. Any such Shares that
have not become vested and payable following the end of the performance period shall be immediately forfeited. The vesting and payment provided for in this Section 4(a) in connection with a Termination due to the Participant’s Disability
or Normal Retirement is subject to the condition that the Participant shall have signed a separation agreement in the form established by the Company within 21 days (or such longer period of time required by applicable law) following his or her
Termination and such separation agreement is not subsequently revoked. 
 For purposes of this Agreement, “Normal Retirement” means
Termination of the Participant, other than for Cause, after the Participant has reached 62 years of age. For purposes of this Section 4, employment by the First American Corporation and/or one of its affiliates (collectively, “First
American”) shall be treated as employment by the Company and/or an Affiliate. 
  

	 	5.	Change of Control. 

Except for a Change of Control that has been approved by the Company’s Incumbent Board prior to the occurrence of such Change of
Control, the provisions of Section 15.1 of the Plan applicable to Restricted Stock Units shall apply to any outstanding Performance-Based RSUs. Notwithstanding anything to the contrary in the Plan, any Shares underlying the Performance-Based
RSUs that become vested and payable in connection with the Change of Control shall be paid (together with Shares comprising all accrued Dividend Equivalents with respect to such Shares) to the Participant as soon as practicable, but in no event
later than 74 days, following the date of the Change of Control. Any Shares underlying Performance-Based RSUs that have been forfeited prior to the date of the Change of Control shall not be eligible to become vested or payable in connection with
any Change of Control. 
  

	 	6.	Payment of Shares. 

 The
Shares underlying the Performance-Based RSUs which have become vested and payable based on the attainment of the Performance Measures set forth in the Grant Notice, together with Shares comprising all accrued Dividend Equivalents with respect to
such Shares, shall be paid by the Company to the Participant as soon as reasonably practicable, but in no event later than 74 days, following the applicable vesting date set forth in the Grant Notice. The Participant shall have no rights to receive
payment of any Shares, whether pursuant to this Section 6 or any other provision of this Agreement, with respect to Performance-Based RSUs that have been forfeited or cancelled, or for which Shares have previously been delivered. No fractional
Shares shall be paid pursuant to this Section 6 or any other provision of this Agreement, and the Shares otherwise payable shall be rounded down to the nearest whole number of Shares. 

 

	 	7.	No Ownership Rights Prior to Issuance of Shares. 

Neither the Participant nor any other person shall become the beneficial owner of the Shares underlying the Performance-Based RSUs, nor
have any rights to dividends (other than rights to Dividend Equivalents pursuant to Section 3) or other rights as a stockholder with respect to any such Shares, until and after such Shares have been actually issued to the Participant and
transferred on the books and records of the Company or its agent in accordance with the terms of the Plan and this Agreement. 
  

	 	8.	Detrimental Activity. 

(a) Notwithstanding any other provisions of this Agreement to the contrary, if at any time prior to the delivery of Shares with respect
to the Performance-Based RSUs, the Participant engages in Detrimental Activity, such Performance-Based RSUs shall be cancelled and rescinded without any payment or consideration therefor. The determination of whether the Participant has engaged in
Detrimental Activity shall be made by the Committee in its good faith discretion, and the payment of Shares with respect to the Performance-Based RSUs shall be suspended pending resolution to the Committee’s satisfaction of any investigation of
the matter. 
  

 - 3 - 

 (b) For purposes of this Agreement, “Detrimental Activity” means at any time
(i) using information received during the Participant’s employment with the Company and/or its Subsidiaries, Affiliates and predecessors in interest relating to the business affairs of the Company or any such Subsidiaries, Affiliates or
predecessors in interest, in breach of the Participant’s express or implied undertaking to keep such information confidential; (ii) directly or indirectly persuading or attempting to persuade, by any means, any employee of the Company or
any of its Subsidiaries or Affiliates to breach any of the terms of his or her employment with Company, its Subsidiaries or its Affiliates; (iii) directly or indirectly making any statement that is, or could be, disparaging of the Company or
any of its Subsidiaries or Affiliates, or any of their respective employees (except to the extent necessary to respond truthfully to any inquiry from applicable regulatory authorities or to provide information pursuant to legal process);
(iv) directly or indirectly engaging in any illegal, unethical or otherwise wrongful activity that is, or could be, substantially injurious to the financial condition, reputation or goodwill of the Company or any of its Subsidiaries or
Affiliates; or (v) directly or indirectly engaging in an act of misconduct such as, embezzlement, fraud, dishonesty, nonpayment of any obligation owed to the Company or any of its Subsidiaries or Affiliates, breach of fiduciary duty or
disregard or violation of rules, policies or procedures of the Company or any of its Subsidiaries or Affiliates, an unauthorized disclosure of any trade secret or confidential information of the Company or any of its Subsidiaries or Affiliates, any
conduct constituting unfair competition, or inducing any customer to breach a contract with the Company or any of its Subsidiaries or Affiliates, in each case as determined by the Committee in its good faith discretion. 

 

	 	9.	No Right to Continued Employment. 

None of the Performance-Based RSUs nor any terms contained in this Agreement shall confer upon the Participant any express or implied
right to be retained in the employ of the Company or any Subsidiary or Affiliate for any period, nor restrict in any way the right of the Company or any Subsidiary or any Affiliate, which right is hereby expressly reserved, to terminate the
Participant’s employment at any time for any reason. For the avoidance of doubt, this Section 9 is not intended to amend or modify any other agreement, including any employment agreement, that may be in existence between the Participant
and the Company or any Subsidiary or Affiliate. 
  

	 	10.	The Plan. 

In consideration for this grant, the Participant agrees to comply with the terms of the Plan and this Agreement.
This Agreement is subject to all the terms, provisions and conditions of the Plan, which are incorporated herein by reference, and to such regulations as may from time to time be adopted by the Committee. In the event of any conflict between the
provisions of the Plan and this Agreement, the provisions of the Plan shall control, and this Agreement shall be deemed to be modified accordingly, provided that the provisions of Section 4, Section 5 and Section 6 of this Agreement
shall control over any conflicting payment provisions of the Plan. The Plan and the prospectus describing the Plan can be found on Fidelity
NetBenefits® at www.netbenefits.com under Plan Information and Documents. A paper copy of the Plan and
the prospectus shall be provided to the Participant upon the Participant’s written request to the Company at CoreLogic, Inc., 4 First American Way, Santa Ana, California 92707, Attention: Incentive Compensation Plan Administrator, or such other
address as the Company may from time to time specify. 
  

	 	11.	Compliance with Laws and Regulations. 

(a) The Performance-Based RSUs and the obligation of the Company to sell and deliver Shares hereunder shall be subject in all respects
to (i) all applicable Federal and state laws, rules and regulations and (ii) any registration, qualification, approvals or other requirements imposed by any government or regulatory agency or body which the Committee shall, in its
discretion, determine to be necessary or applicable. Moreover, the Company shall not deliver any certificates for Shares to the Participant or any other person pursuant to this Agreement if doing so would be contrary to applicable law. If at any
time the Company determines, in its discretion, that the listing, registration or qualification of Shares upon any national securities exchange or under any state or Federal law, or the consent or approval of any governmental regulatory body, is
necessary or desirable, the Company shall not be required to deliver any certificates for Shares to the Participant or any other person pursuant to this Agreement unless and until such listing, registration, qualification, consent or approval has
been effected or obtained, or otherwise provided for, free of any conditions not acceptable to the Company. 
  

 - 4 - 

 (b) It is intended that the Shares received in respect of the Performance-Based RSUs shall
have been registered under the Securities Act. If the Participant is an “affiliate” of the Company, as that term is defined in Rule 144 under the Securities Act (“Rule 144”), the Participant may not sell the Shares received
except in compliance with Rule 144. Certificates representing Shares issued to an “affiliate” of the Company may bear a legend setting forth such restrictions on the disposition or transfer of the Shares as the Company deems appropriate to
comply with Federal and state securities laws. 
 (c) If, at any time, the Shares are not registered under the Securities Act,
and/or there is no current prospectus in effect under the Securities Act with respect to the Shares, the Participant shall execute, prior to the delivery of any Shares to the Participant by the Company pursuant to this Agreement, an agreement (in
such form as the Company may specify) in which the Participant represents and warrants that the Participant is purchasing or acquiring the shares acquired under this Agreement for the Participant’s own account, for investment only and not with
a view to the resale or distribution thereof, and represents and agrees that any subsequent offer for sale or distribution of any kind of such Shares shall be made only pursuant to either (i) a registration statement on an appropriate form
under the Securities Act, which registration statement has become effective and is current with regard to the Shares being offered or sold, or (ii) a specific exemption from the registration requirements of the Securities Act, but in claiming
such exemption the Participant shall, prior to any offer for sale of such Shares, obtain a prior favorable written opinion, in form and substance satisfactory to the Company, from counsel for or approved by the Company, as to the applicability of
such exemption thereto. 
  

	 	12.	Notices. 

 All notices
by the Participant or the Participant’s assignees shall be addressed to CoreLogic, Inc., 4 First American Way, Santa Ana, California 92707, Attention: Incentive Compensation Plan Administrator, or such other address as the Company may from time
to time specify. All notices to the Participant shall be addressed to the Participant at the Participant’s address in the Company’s records. 
  

	 	13.	Severability. 

 In the
event any provision of this Agreement shall be held illegal or invalid for any reason, the illegality or invalidity shall not affect the remaining parts of this Agreement, and this Agreement shall be construed and enforced as if the illegal or
invalid provision had not been included. 
  

	 	14.	Other Plans. 

 The
Participant acknowledges that any income derived from the Performance-Based RSUs shall not affect the Participant’s participation in, or benefits under, any other benefit plan or other contract or arrangement maintained by the Company or any
Subsidiary or Affiliate. Performance-Based RSUs and Dividend Equivalents shall not be deemed to be “Covered Compensation” under any other benefit plan of the Company. 

 

	 	15.	Adjustments. 

 The
Performance-Based RSUs and the Shares underlying the Performance-Based RSUs shall be subject to adjustment and conversion pursuant to the terms of Section 4.3, Article XV and XVI of the Plan. 

 

	 	16.	Tax Withholding. 

 Any
payment or delivery of Shares pursuant to this Agreement shall be subject to the Company’s rights to withhold applicable Federal, state, local and non-United States taxes in accordance with Article XVII of the Plan. 

 

	 	17.	Section 409A. 

 The
provisions of this Agreement shall be construed and interpreted to comply with Section 409A of the Code so as to avoid the imposition of any penalties, taxes or interest thereunder. 

 

 - 5 - 

			
	CORELOGIC, INC.
		
	By:	 	  

		 	Name: Anand Nallathambi
		 	Title: Chief Executive Officer
	
	Date: [Grant Date]

  

Acknowledged and agreed as of the Date of Grant: 
  

 
 Printed Name:    [Participant Name] 

 
 Date:
                   [Acceptance Date] 
  

[NOTE: GRANT WILL BE ACCEPTED ELECTRONICALLY] 
  

 - 6 -

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