Fieldstone Investment – Re: Retention Bonus Opportunity (May 10th, 2007)
I am pleased to report that you will receive a retention bonus if you accept this award and satisfy the terms set forth in this letter. The opportunity to earn the retention bonus and an equity incentive award is intended to provide an inducement for you to remain in the employ of Fieldstone Mortgage Company (the Company).
Fieldstone Investment – Senior Manager Employment Agreement Dear Gary: (April 23rd, 2004)
This cover letter sets forth the specific terms for you under the Senior Manager Employment Agreement (the "Agreement") between you and Fieldstone Mortgage Company ("Fieldstone" or the "Company"). The Agreement is attached to this letter. The Agreement, including the terms of this cover letter, and the Company's Employee Handbook, as amended, contain the complete terms of your employment contract with Fieldstone. The Agreement, Including These Terms, Is Only Effective On Completion Of the sale of shares of the common stock of Fieldstone Investment Corporation in a private offering under Rule 144a and other available exemptions under the Securities Act of 1933 prior to December 31, 2003.