0001116679-07-002136 Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • August 16th, 2007 • Centerline Holding Co • Real estate • New York

THIS EXECUTIVE EMPLOYMENT AGREEMENT (“Agreement”) is entered into effective as of January 1, 2007 (the “Effective Date”) by and between Centerline Capital Group, Inc., a Delaware corporation (“Company”), and James L. Duggins (“Executive”). In addition, this Agreement is being executed by the Company’s ultimate parent company, Centerline Holding Company, a Delaware statutory trust (“Centerline”), for purposes of guaranteeing performance by the Company as set forth in Section 10(k) herein. Certain capitalized terms used in this Agreement are used with the definitions ascribed to them on the attached Exhibit A, which is incorporated into this Agreement by this reference.

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July 25, 2007
Executive Employment Agreement • August 16th, 2007 • Centerline Holding Co • Real estate

On November 28, 2006, Robert L. Levy (“Executive”), and CharterMac Capital LLC (the “Company”) entered into an Executive Employment Agreement (the “Agreement”). Whereas, pursuant to Section 10(b) of the Agreement, the Agreement may be amended by a written instrument signed by the Executive and the Company. Effective as of the date hereof, the parties hereto wish to amend the Employment Agreement as provided herein.

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