November 4, 2020

Eugene Bredow

[Address on File]

Re: Extension of Employment Agreement

Dear Gene:

    This letter confirms our agreement that the Amended and Restated Employment Agreement dated November 4, 2015 (the “Agreement”) between NVR, Inc. and you will be extended, pursuant to Sections 2 and 8.3 of the Agreement, through December 31, 2025, with no other changes made to the Agreement. Kindly sign below to confirm your agreement to this extension.

Sincerely,

/s/ Gary Brown                

Gary Brown

Senior Vice President, Human Resources

Agreed and accepted:

/s/ Eugene J. Bredow            

Eugene J. Bredow

Dated: November 4, 2020