Fieldstone Investment – 11000 Broken Land Parkway, Suite 600 Columbia, Maryland 21044 Telephone (410) 772 7200 Facsimile (410) 772-7299 (May 10th, 2007)
Fieldstone Investment – Schedule of Potential Payments to Form of Extended Severance Benefit Agreement (August 4th, 2006)
Fieldstone Investment – Senior Manager Employment Agreement Dear Walter: (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.