0000950135-07-007535 Sample Contracts

December 7, 2007
Retention Agreement • December 14th, 2007 • Hanover Capital Mortgage Holdings Inc • Real estate investment trusts • New Jersey

As you know, this year has been a very challenging one for our industry. We recognize that it may also, unfortunately, have had an unsettling effect on some of our key employees. We would like to offer you the retention agreement set forth below in an effort to reduce concerns that you might have about your immediate future, and to assure that you will be available to assist us during the next year, which we believe will be crucial to our future.

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