0001193125-09-042765 Sample Contracts

AMENDMENT 2008-1 TO THE EMPLOYMENT AGREEMENT
Employment Agreement • March 2nd, 2009 • RAIT Financial Trust • Real estate investment trusts

THIS AMENDMENT, dated as of December 15, 2008, between RAIT Financial Trust, a Maryland real estate investment trust, (the “Company”) and James J. Sebra (“Executive”).

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AMENDMENT 2008-1 TO THE EMPLOYMENT AGREEMENT
Employment Agreement • March 2nd, 2009 • RAIT Financial Trust • Real estate investment trusts

THIS AMENDMENT, dated as of December 15, 2008, between RAIT Financial Trust, a Maryland real estate investment trust, (the “Company”) and Kenneth R. Frappier (“Executive”).

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