0001104659-07-083899 Sample Contracts

November 13, 2007
Cowen Group, Inc. • November 16th, 2007 • Security brokers, dealers & flotation companies • New York

This letter shall constitute your agreement (“Agreement”) relating to your employment with Cowen Group, Inc. (including any successor entity or its holding company, collectively “Cowen,” or the “Company”), effective as of November 13, 2007, and amends and restates the employment agreement dated March 14, 2006 (the “Prior Agreement”). The terms and conditions of your employment and compensation are set forth below.

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