EXHIBIT 10.8
AMENDMENT TO EMPLOYMENT AGREEMENT
Amendment dated effective the 4th day of February, 1998, to an
Employment Agreement dated April 13, 1992 (the "Employment Agreement")
between Mid-America Realty Investments, Inc. (formerly Dial Reit, Inc.), a
Maryland corporation ("MDI") and Xxxxxx X. Xxxxxxxxx ("Executive").
WHEREAS, MDI and Executive have entered into the Employment Agreement
and wish to amend a provision of the Employment Agreement relating to the
period during which certain lump-sum payments would be made to Executive
following a change-of-control of MDI as defined in the Employment Agreement,
and
WHEREAS, the parties have agreed with respect to the terms of such
change.
NOW, THEREFORE, the parties agree that subparagraph (a) of paragraph
SEVENTH of the Employment Agreement is hereby amended so that the words
"during the first seventy-two (72) months of Executive's employment
hereunder" shall be changed to "during the first eighty-four (84) months of
Executive's employment hereunder".
IN WITNESS WHEREOF, the parties have executed this Agreement the day and
year first above written.
MID-AMERICA REALTY INVESTMENTS, INC.
By: _____________________________
Xxxxxx X. Xxxxxxxx, President
______________________________
Xxxxxx X. Xxxxxxxxx
94
