EXHIBIT 10.4
September 9, 2026
Mike Moore
Dear Mike,
Congratulations! I am pleased to confirm your new role, President, Service Division, effective September 9, 2026, reporting directly to me. Your base salary will remain the same at the annualized amount of $650,000, paid on a biweekly basis.
Annual Incentive:You will continue to be eligible to participate in the Hertz Executive Incentive Compensation Plan (EICP), with a target award of 100% of your salary.
Long-Term Incentive:You will continue to be eligible to participate in the Hertz Annual Equity program with a target of $1,500,000.
I am excited to have you as a key member of the team and believe that you will continue to make great contributions to the organization.
Very truly yours,
Gil West
Chief Executive Officer
I accept the terms and conditions of this offer:
| /s/ Mike Moore | September 9, 2026 | |||||||
| Mike Moore | Date |
