0001193125-05-027190 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • February 11th, 2005 • Novastar Financial Inc • Real estate investment trusts • Missouri

This Employment Agreement (“Agreement”) is made and entered into as of the date below, by and between NOVASTAR FINANCIAL, INC. (the “EMPLOYER”) and Mike Bamburg (the “EMPLOYEE”). The EMPLOYER hereby agrees to employ EMPLOYEE and EMPLOYEE hereby accepts employment upon the terms and conditions set forth below.

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NOVASTAR FINANCIAL, INC. EMPLOYMENT AGREEMENT FOR RODNEY E. SCHWATKEN
Employment Agreement • February 11th, 2005 • Novastar Financial Inc • Real estate investment trusts

Rodney E. Schwatken is Vice President and Controller (Principal Accounting Officer) of the Company. Mr. Schwatken has an oral agreement with the Company for “at will” employment which includes the following:

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