AMENDMENT
DATED AS OF JANUARY 1, 2007
BETWEEN
PRESIDENTIAL REALTY CORPORATION
and
XXXXXX XXXXXX
AMENDMENT dated January 22, 2007, as of January 1, 2007, between
PRESIDENTIAL REALTY CORPORATION, a Delaware corporation having offices at 000
Xxxxx Xxxxxxxx, Xxxxx Xxxxxx, Xxx Xxxx 00000 (the "Company") and XXXXXX XXXXXX,
residing at 0 Xxxxxxxx Xxxx, Xxxxxxxx, Xxx Xxxx 00000 ("Executive") to the
Amended and Restated Employment and Consulting Agreement dated January 31, 2005
between Executive and the Company (the "Original Agreement").
WHEREAS, in consideration of the premises and mutual covenants
contained herein, the parties hereto agree that Section 3 of the Original
Agreement shall be amended so that the date December 31, 2008 appearing in
Section 3(a)(iii) shall be changed to the date December 31, 2011.
WHEREAS, except as specifically provided above, all of the other terms
and conditions of the Original Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the
day and year first above written.
PRESIDENTIAL REALTY CORPORATION
By /s/ Xxxxxxx X. Xxxxxx
----------------------------
Xxxxxxx X. Xxxxxx
President
Xxxxxx Xxxxxx
/s/ Xxxxxx Xxxxxx
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