EMPLOYMENT AGREEMENTEmployment Agreement • March 1st, 2007 • Novastar Financial Inc • Real estate investment trusts • Missouri
This Employment Agreement (this “Agreement”) is made and entered into as of this 18th day of December, 2006 (the “Effective Date”), by and between NOVASTAR FINANCIAL, INC. (“EMPLOYER”) and Jeffrey D. Ayers (“EMPLOYEE”). EMPLOYER hereby agrees to employ EMPLOYEE and EMPLOYEE hereby accepts employment upon the terms and conditions set forth below.
