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Exhibit 10.71(a)
March 1, 1997
Xx. Xxxxxx Xxxxx
Doral Mortgage Corporation
000 Xxxxx Xxxxxx Xxxxxx
Xxxx Xxx, Xxxxxx Xxxx 00000
RE: EMPLOYMENT AGREEMENT DATED AS OF DECEMBER 31, 1996
Dear Xx. Xxxxx:
This letter agreement serves to amend that certain Employment
Agreement dated as of December 31, 1996 (the "Agreement"), between you and
Doral Mortgage Corporation ("DMC").
The first sentence of Section 1 of the Agreement is amended to read as
follows: "The term of this Agreement shall be for a period commencing on
January 1, 1997 and ending on December 31, 1998, unless sooner terminated as
herein provided."
Except as expressly amended above, the Agreement shall continue in
full force and effect in accordance with its terms.
Please express your agreement with the above amendment by signing in
the space indicated below.
Very truly yours,
/s/ Xxxxxxx Xxxxx
Xxxxxxx Xxxxx
Chairman of the Board
Agreed and accepted as of
the date first above written:
By: /s/ Xxxxxx Xxxxx
-----------------
Name: Xxxxxx Xxxxx
