0000950144-06-007953 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • August 15th, 2006 • Doral Financial Corp • Mortgage bankers & loan correspondents • Puerto Rico

This Employment Agreement (Agreement) is made and entered into as of this 6 day of February, 2006, by and between DORAL FINANCIAL CORPORATION, of , a Puerto Rico corporation (which together with any successor thereto, is hereinafter referred to as “the Company” and ISRAEL BRAVO TOLEDO (hereinafter referred to as the Employee). The Company and the Employee are hereinafter collectively referred to as the Parties.

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EMPLOYMENT CONTRACT
Employment Contract • August 15th, 2006 • Doral Financial Corp • Mortgage bankers & loan correspondents • Puerto Rico

This Employment Agreement (“Agreement”) is made and entered into as of this 7 day of November 2005, by and between DORAL FINANCIAL CORPORATION, a Puerto Rico corporation (which together with any successor thereto, is hereinafter referred to as (the “Company”) and Fernando Rivera-Munich (hereinafter referred to as (the “Employee”). The Company and the Employee are hereinafter collectively referred to as (the ‘Parties”).

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