0000063814-05-000008 Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • April 1st, 2005 • Maxxam Inc • Primary production of aluminum • Texas

This Executive Employment Agreement ("Agreement"), is entered into by and between MAXXAM Inc. ("Employer"), and Emily Madison, ("Employee"), on April 1, 2005.

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UNDERTAKING
Maxxam Inc • April 1st, 2005 • Primary production of aluminum

WHEREAS, Diane M. Dudley ("Consultant") and MAXXAM Inc., a Delaware corporation (the "Company"), have entered into a Consulting Agreement dated December 30, 2004 (the "Agreement"); and

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