Re: Extension of Employment AgreementKilroy Realty, L.P. • May 7th, 2019 • Real estate investment trusts
Company FiledMay 7th, 2019 IndustryReference is made to that certain Employment Agreement between you, Kilroy Realty Corporation, a Maryland corporation, and Kilroy Realty, L.P., a Delaware limited partnership, amended and restated effective as of December 31, 2015 (the “Employment Agreement”). This letter is to confirm our agreement that the term of the Employment Agreement (as provided in Section 2 of the Employment Agreement) will be extended by one year so that the Term (as defined in the Employment Agreement) will end on March 1, 2020 (subject to earlier termination as provided in Sections 6 and 7 of the Employment Agreement, and subject to any further extension that may mutually be agreed to in writing). Furthermore, Section 2 of the Employment Agreement is amended by replacing “March 1, 2019” therein with “March 1, 2020 (or a later date as may mutually be agreed to in writing)”.