April 14, 2008 Mr. Niall J. Byrne Chicago, IL 60630 RE: EMPLOYMENT AGREEMENT Dear Niall:
Exhibit 10.4
April 14, 2008
Xx. Xxxxx X. Xxxxx
0000 Xxxxx Xxxxx Xxxxxx
Xxxxxxx, XX 00000
Dear Niall:
This letter agreement (this “Agreement”) modifies certain terms of your employment agreement under which you agree to be employed by Inland Northwest Management Corp., Inland Southwest Management Corp. and Inland Western Management Corp. (collectively the “Companies”) and Inland Western Retail Real Estate Trust, Inc. (“IWEST”).
1. Employment Period. Your term of employment with the Companies shall continue until June 30, 2008 (the “Employment Period”), subject to earlier termination as provided therein.
2. Retroactive. The Company acknowledges that any compensation increase negotiated during the remainder of the Employment Period shall be made retroactive to January 1, 2008.
3. Conflicts. All other terms and conditions in the original employment agreement remain in full force and effect.
IN WITNESS WHEREOF, each of the parties hereto has caused this Agreement to be executed and delivered as of the day and year first above written.
INLAND NORTHWEST MANAGEMENT |
|
Xxxxx X. Xxxxx |
|
|
|
|
|
By: |
/s/ Xxxxxxx X. X’Xxxxxx |
|
/s/ Xxxxx X. Xxxxx |
|
|
|
|
INLAND SOUTHWEST MANAGEMENT |
|
|
|
|
|
|
|
By: |
/s/ Xxxxxxx X. X’Xxxxxx |
|
|
|
|
|
|
INLAND WESTERN MANAGEMENT |
|
|
|
|
|
|
|
By: |
/s/ Xxxxxxx X. X’Xxxxxx |
|
|
|
|
|
|
INLAND WESTERN RETAIL REAL |
|
|
|
|
|
|
|
By: |
/s/ Xxxxxxx X. X’Xxxxxx |
|
|
|
Xxxxxxx X. X’Xxxxxx |
|
|
|
President and Chief Executive Officer |
|
|
|
|
|
|
|
|
|
|
2
