(e) On May 26, 2017, Altisource Residential Corporation (the
Company) entered into change in control severance agreements (the
CIC Agreements) with the following named executive officers: (i)
George G. Ellison, Chief Executive Officer and Director; (ii)
Stephen H. Gray, Chief Administrative Officer and Senior Counsel;
(iii) Robin N. Lowe, Chief Financial Officer; and (iv) Michael G.
Lubin, General Counsel and Corporate Secretary. Under the CIC
Agreements, each executive is entitled to certain severance
payments and benefits if: (i) the Company undergoes a Change in
Control (as defined in the CIC Agreements) and (ii) on or within
two years thereafter, the executives employment is terminated by
the employer without Cause or by the executive for Good Reason
(in each case, as defined in the CIC Agreements). If these events
occur, each executive is entitled to the following severance
payments and benefits: (i) an amount equal to 1.5 times the
executives base salary (or 2.0 times the executives base salary
in the case of Mr. Ellison); (ii) an amount equal to 1.5 times
the executives target annual bonus amount for the year of
termination (2.0 times the executives base salary in the case of
Mr. Ellison); (iii) an amount equal to the executives target
annual bonus for the year of termination, prorated based on the
number of days of service in that year; (iv) an amount equal to
18.0 times the monthly premium (if any) paid by the executives
employer for medical, dental and vision insurance coverage for
the executive and his eligible dependents immediately prior to
the termination; (v) immediate vesting of all equity and
equity-based awards granted to the executive under the Companys
equity plans; (vi) an amount equal to the executives annual bonus
(if any) earned for the prior year, to the extent not paid as of
the termination date; and (vii) all rights accrued as of the
termination date, including, without limitation, earned but
unpaid base salary, unused vacation pay and business expense
reimbursement. Such payments are subject to the executives
execution of a general release of claims and covenant not to sue,
and may be subject to offset or reduction in certain
circumstances.

The CIC Agreements have an initial three-year term and renew
thereafter for successive one-year terms, unless the Company
notifies an executive in writing at least 90 days before an
upcoming renewal date of its intention not to renew.

The foregoing summary of the CIC Agreements does not purport to
be complete and is qualified in its entirety by reference to the
form of Change in Control Severance Agreement, which is filed
herewith as Exhibit 10.1.

The Annual Meeting of Stockholders of the Company was held on May
23, 2017 (the Annual Meeting). On the record date for the Annual
Meeting (April 12, 2017), an aggregate of 53,527,755 shares of
common stock were outstanding and entitled to vote at the Annual
Meeting. The final results for each matter submitted to a vote of
stockholders at the Annual Meeting were as follows:

(d) Exhibits