0000833079-24-000003 Sample Contracts

Employment Agreement
Employment Agreement • January 10th, 2024 • Meritage Homes CORP • Operative builders • Arizona

This EMPLOYMENT AGREEMENT (the “Agreement”) is entered into January 9, 2024, and made effective as of January 1, 2024 (the “Effective Date”), by and between Meritage Homes Corporation, a corporation organized under the laws of the State of Maryland (the “Company”), and Steven J. Hilton (“Executive”) (the Company and Executive are sometimes collectively referred to herein as the “Parties” and individually as a “Party”), all with reference to the following:

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TO: Clint Szubinski FROM: Michael Odell, Chairman of the Compensation Committee (the “Committee”) DATE: January 9, 2024 RE: Notice of Approved 2024 Compensation (“Notice”)
Meritage Homes CORP • January 10th, 2024 • Operative builders

Reference is made to that certain employment agreement effective January 1, 2021 (the “Employment Agreement”) concerning the employment and compensation of Clint Szubinski, the Company’s Executive Vice President, Chief Operating Officer (“Executive”). Capitalized terms in this Notice not otherwise defined herein have the meanings prescribed to those terms in the Executive’s Employment Agreement.

TO: Malissia Clinton FROM: Michael Odell, Chairman of the Compensation Committee (the “Committee”) DATE: January 9, 2024 RE: Notice of Approved 2024 Compensation (“Notice”)
Meritage Homes CORP • January 10th, 2024 • Operative builders

Reference is made to that certain employment agreement effective January 1, 2021 (the “Employment Agreement”) concerning the employment and compensation of Malissia Clinton, the Company’s Executive Vice President, General Counsel and Secretary (“Executive”). Capitalized terms in this Notice not otherwise defined herein have the meanings prescribed to those terms in the Executive’s Employment Agreement.

TO: Javier Feliciano FROM: Michael Odell, Chairman of the Compensation Committee (the “Committee”) DATE: January 9, 2024 RE: Notice of Approved 2024 Compensation (“Notice”)
Meritage Homes CORP • January 10th, 2024 • Operative builders

Reference is made to that certain employment agreement effective January 1, 2021 (the “Employment Agreement”) concerning the employment and compensation of Javier Feliciano, the Company’s Executive Vice President, Chief People Officer (“Executive”). Capitalized terms in this Notice not otherwise defined herein have the meanings prescribed to those terms in the Executive’s Employment Agreement.

TO: Hilla Sferruzza FROM: Michael Odell, Chairman of the Compensation Committee (the “Committee”) DATE: January 9, 2024 RE: Notice of Approved 2024 Compensation (“Notice”)
Meritage Homes CORP • January 10th, 2024 • Operative builders

Reference is made to that certain employment agreement effective January 1, 2021 (the “Employment Agreement”) concerning the employment and compensation of Hilla Sferruzza, the Company’s Executive Vice President, Chief Financial Officer (“Executive”). Capitalized terms in this Notice not otherwise defined herein have the meanings prescribed to those terms in the Executive’s Employment Agreement.

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