0001193125-12-335392 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • August 6th, 2012 • RAIT Financial Trust • Real estate investment trusts • Pennsylvania

THIS EMPLOYMENT AGREEMENT (the “Agreement”), entered into as of August 2, 2012 (the “Effective Date”), by and between RAIT Financial Trust, a Maryland real estate investment trust (the “Company”), with a principal office in Philadelphia, Pennsylvania, and James J. Sebra (“Executive”).

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AUGUST, 2012 AMENDMENT TO FIRST AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • August 6th, 2012 • RAIT Financial Trust • Real estate investment trusts

THIS AUGUST, 2012 AMENDMENT (hereafter “August, 2012 Amendment”) to First Amended and Restated Employment Agreement, entered into as of August 2, 2012 (the “Effective Date”), is by and between RAIT Financial Trust, a Maryland real estate investment trust (the “Company”), with a principal office in Philadelphia, Pennsylvania, and Kenneth R. Frappier (“Executive”).

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