0001193125-13-092611 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 6th, 2013 • Taylor Morrison Home Corp • Operative builders • Arizona

THIS EMPLOYMENT AGREEMENT (“Agreement”) is made by and between the Executive and the Company to be effective as of February 1, 2011 subject to the terms and conditions herein.

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FORM OF RESTRICTIVE COVENANTS AGREEMENT
Form of Restrictive Covenants Agreement • March 6th, 2013 • Taylor Morrison Home Corp • Operative builders

This “Agreement” is made and entered into as of [—], by and between Taylor Morrison, Inc. on its own behalf and on behalf of its affiliates (defined as all entities controlled by, under common control with, or controlling Employer), as may exist from time to time (including any former affiliates of TMM Holdings, Limited Partnership that were affiliates of Employer on the Grant Date) (collectively, the “Employer”), and [—] (“Employee”). This Agreement is made in consideration of the grant of profits interests in TMM Holdings, Limited Partnership, a British Columbia limited partnership.

EMPLOYMENT AGREEMENT
Employment Agreement • March 6th, 2013 • Taylor Morrison Home Corp • Operative builders • Arizona

THIS EMPLOYMENT AGREEMENT (“Agreement”) is made by and between the Executive and Taylor Morrison Inc. (the “Company”) to be effective as of January 1, 2013 subject to the terms and conditions herein.

FIRST AMENDMENT TO EMPLOYMENT AGREEMENT BETWEEN TAYLOR MORRISSON, INC. AND SHERYL PALMER
Employment Agreement • March 6th, 2013 • Taylor Morrison Home Corp • Operative builders

WHEREAS, Taylor Morrison, Inc. (the “Company”) and Sheryl Palmer previously entered into that certain Employment Agreement dated as of July 13, 2011 (the “Original Employment Agreement”); and

EMPLOYMENT AGREEMENT
Employment Agreement • March 6th, 2013 • Taylor Morrison Home Corp • Operative builders • Arizona

AGREEMENT, dated as of July 13, 2011 (the “Agreement”), between Taylor Morrison, Inc. (“Taylor Morrison” or the “Company”) and Sheryl Palmer (the “Executive”).

SEPARATION AGREEMENT AND GENERAL RELEASE
Separation Agreement and General Release • March 6th, 2013 • Taylor Morrison Home Corp • Operative builders • Arizona

FOR AND IN CONSIDERATION of the mutual promises, covenants, and agreements made herein by and between Edward A. Barnes (“EMPLOYEE,” a term which includes EMPLOYEE, EMPLOYEE’s spouse (if any), and all assigns, heirs, and successors in interest) and Taylor Morrison, Inc. (“COMPANY”, a term which for the purposes of this Agreement includes Taylor Morrison, Inc. or any affiliate or subsidiary thereof), and its owners, officers and shareholders, the parties agree as follows:

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