0000950144-06-000581 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • January 27th, 2006 • Vector Group LTD • Cigarettes • Florida

THIS EMPLOYMENT AGREEMENT dated as of January 27, 2006, by and between Vector Group Ltd., a Delaware corporation (together with its successors and assigns, the “Company”), and Richard J. Lampen (the “Executive”).

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AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • January 27th, 2006 • Vector Group LTD • Cigarettes • Florida

THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT dated as of January 27, 2006, by and between Vector Group Ltd., a Delaware corporation (together with its successors and assigns, the “Company”), and Marc N. Bell (the “Executive”).

VECTOR GROUP LTD. 100 S.E. Second Street, 32nd Floor Miami, FL 33131 January 27, 2006
Employment Agreement • January 27th, 2006 • Vector Group LTD • Cigarettes

This letter agreement sets forth the first amendment to the Amended and Restated Employment Agreement dated as of September 27, 2005 (the “Agreement”), between Vector Group Ltd. (the “Company”) and Bennett S. LeBow (“Executive”). The Company and Executive wish to amend the Agreement to clarify the operation of the Agreement under Section 409A of the Internal Revenue Code of 1986, as amended. Unless otherwise defined herein, capitalized terms used herein shall have the meanings ascribed thereto in the Agreement.

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