0000950153-08-000702 Sample Contracts

FELDMAN PROPERTIES, INC.
Feldman Mall Properties, Inc. • April 14th, 2008 • Real estate investment trusts

Reference is made to your employment agreement dated as of December 13, 2004 (the “Agreement”). As has been discussed with you, effective October 26, 2007, you will no longer be the Chief Executive Officer (“CEO”) of Feldman Mall Properties, Inc. (the “Company”), nor (except as otherwise provided in this letter) will you have any of the duties or responsibilities customary for a chief executive officer. By your signature below, you acknowledge that you have consented to the relinquishment of such title, duties and responsibilities to the Board of Directors of the Company (the “Board”) and that such relinquishment accordingly does not constitute “Good Reason” under your Agreement.

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AMENDMENT AND RELEASE
Amendment and Release • April 14th, 2008 • Feldman Mall Properties, Inc. • Real estate investment trusts • New York

THIS AMENDMENT AND RELEASE (“Amendment and Release”), is made by and between James Bourg (the “Executive”) and Feldman Mall Properties, Inc. (the “Company”) as of December 31, 2007.

AGREEMENT
Agreement • April 14th, 2008 • Feldman Mall Properties, Inc. • Real estate investment trusts • Pennsylvania

This AGREEMENT is made and entered into on the 1st day of April, 2008 by and between FELDMAN MALL PROPERTIES, INC. a Maryland corporation (hereinafter “Owner”), FELDMAN EQUITIES MANAGEMENT, LLC an Arizona limited liability company (hereinafter “Manager”), and BRANDYWINE FINANCIAL SERVICES CORPORATION, a Pennsylvania corporation, (hereinafter “Brandywine”).

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