Common Contracts

2 similar Employment Agreement contracts by Prospect Acquisition Corp

SECOND AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • September 24th, 2009 • Prospect Acquisition Corp • Blank checks

This Second Amendment to Employment Agreement (the “Second Amendment”) is made and entered into by and between KENNEDY-WILSON, INC., a Delaware corporation (the “Company”), and Mary L. Ricks, an individual (“Employee”). This amendment will become effective at the times set forth below, including the time at which KW Merger Sub Corp. (“Merger Sub”), a subsidiary of Prospect Acquisition Corp. (“PAX”), is merged into the Company (the “Effective Time”).

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FIFTEENTH AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • September 24th, 2009 • Prospect Acquisition Corp • Blank checks

This Fifteenth Amendment to Employment Agreement (the “Fifteenth Amendment”) is made and entered into by and between KENNEDY-WILSON, INC., a Delaware corporation (the “Company”), and William J. McMorrow, an individual (“Employee”). This amendment will become effective at the times set forth below, which include the time at which KW Merger Sub Corp. (“Merger Sub”), a subsidiary of Prospect Acquisition Corp. (“PAX”), is merged into the Company (the “Effective Time”).

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