Until December 31, 2017, you will continue to receive your base salary from TA at a rate of $300,000 per annum, and from RMR at a rate of $75,000 per annum, each payable consistent with past practices.  In December 2017, you will receive a cash bonus from TA in the amount of $2,060,400, and from RMR in the amount of $515,100 (less amounts previously paid), each payable consistent with past practices.  TA will also make a cash payment to you in an amount of $475,000 on December 31, 2017, which represents approximately half of the dollar value of your historical stock grants.  You understand and agree that you will not receive any additional stock grants in TA, The RMR Group Inc. (“RMR Inc.”) or in any RMR managed company.