0001144204-09-041604 Sample Contracts

August 5, 2009 Mr. R. Jon Corless Bedford, NY 10506 Dear Jon:
Employment Agreement • August 10th, 2009 • Kohlberg Capital CORP • Delaware

This letter will confirm our offer to you of employment with Kohlberg Capital Corporation (the "Company"), under the terms and conditions that follow. This letter supersedes the letter agreement dated November 6, 2006 between you and the Company in its entirety effective as of the date hereof.

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August 5, 2009 Mr. E.A. Kratzman, III Greenwich, CT 06830 Dear Mr. Kratzman:
Employment Agreement • August 10th, 2009 • Kohlberg Capital CORP • Delaware

This letter will confirm the terms of your continuing employment with Katonah Debt Advisors, L.L.C. (“the “Company”), under the terms and conditions that follow. This letter supersedes the letter agreement dated February 26, 2008 between you and the Company in its entirety and is effective as of August 5, 2009. This letter agreement is also intended to be read in conjunction with the terms of a letter agreement dated August 5, 2009 (the “Kohlberg Agreement”) between you and Kohlberg Capital Corporation (“Kohlberg Capital”), which shall supplement these terms. Any conflict between this letter agreement and the Kohlberg Agreement shall be controlled by the terms herein.

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