0000950123-08-005614 Sample Contracts

FIRST AMENDMENT TO INVESTMENT AGREEMENT
Investment Agreement • May 13th, 2008 • FX Real Estate & Entertainment Inc. • Real estate • New York

This First Amendment (this “Amendment”) to the Investment Agreement by and between FX Real Estate and Entertainment Inc., a Delaware corporation (the “Company”), and Robert F.X. Sillerman (the “Investor”) is made and effective as of March 31, 2008. All capitalized terms used herein but not otherwise defined herein shall have the meanings ascribed to them in the Investment Agreement (as defined below).

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