EXECUTIVE AGREEMENT dated July 14, 2004 (the “Effective Date”) between THE ROUSE COMPANY (together with its subsidiaries and affiliates, the “Company”) and Duke S. Kassolis (the “Executive”)Executive Agreement • November 12th, 2004 • Rouse Company • Operators of nonresidential buildings • Maryland
Anthony W. Deering c/o The Rouse Company 10275 Little Patuxent Parkway Columbia, MD 21044Rouse Company • November 12th, 2004 • Operators of nonresidential buildings
Reference is made to the Employment Agreement, dated as of September 24, 1998, as amended by amendments dated July 12, 1999, March 31, 2003 and August 9, 2004, to which The Rouse Company and I am parties (the “Employment Agreement”). I hereby agree to the addition of the following paragraph as the second paragraph of Section 4.7 of the Employment Agreement:
The Rouse Company 10275 Little Patuxent Parkway Columbia, MD 21044Rouse Company • November 12th, 2004 • Operators of nonresidential buildings
As authorized by the Board of Directors of The Rouse Company (the “Company”), the Employment Agreement, dated as of September 24, 1998, as amended, to which you and the Company are parties (the “Employment Agreement”), is hereby amended as follows:
