0000950152-06-002971 Sample Contracts

MODIFICATION AGREEMENT
Modification Agreement • April 6th, 2006 • Paragon Real Estate Equity & Investment Trust • Real estate investment trusts

THIS MODIFICATION AGREEMENT (this “Agreement”) is made at Cleveland, Ohio, this 3rd day of April, 2006, between PARAGON REAL ESTATE EQUITY AND INVESTMENT TRUST, a Maryland business trust (the “Trust”), and JOHN J DEE, 26151 Pebblebrook Lane, North Olmsted, OH 44070 (“Dee”).

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MODIFICATION AGREEMENT
Modification Agreement • April 6th, 2006 • Paragon Real Estate Equity & Investment Trust • Real estate investment trusts

THIS MODIFICATION AGREEMENT (this “Agreement”) is made at Cleveland, Ohio, this 3rd day of April, 2006, between PARAGON REAL ESTATE EQUITY AND INVESTMENT TRUST, a Maryland business trust (the “Trust”), and JAMES C. MASTANDREA, 9520 Metcalf Road, Waite Hill, Ohio 44094 (“Mastandrea”).

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