March 8, 2001 Mr. Michael H. Rosen The Town & Country Trust 100 South Charles Street Baltimore, MD 21201 Re: Separation Agreement and General Release Dear Michael:Letter Agreement • April 4th, 2001 • Town & Country Trust • Real estate investment trusts • Maryland
This letter agreement (the "Agreement"), when signed by you, will constitute a binding agreement between us with respect to the terms of your separation from employment with The Town and Country Trust (the "Company"). You are advised to consult with an attorney prior to signing this Agreement. By signing this Agreement, you will receive significant, additional benefits that you would not otherwise be entitled, and you also will be waiving important legal rights.
