EMPLOYMENT AGREEMENT BETWEEN DAVID J. NETTINA AND FIRST STATES GROUP, L.P.Employment Agreement • August 9th, 2005 • American Financial Realty Trust • Real estate investment trusts • Pennsylvania
This Employment Agreement (the “Agreement”), dated as of April 27, 2005 between First States Group, L.P., a Delaware limited partnership (the “Company”), and David J. Nettina (the “Executive”):
AMERICAN FINANCIAL REALTY TRUST 2006 LONG-TERM INCENTIVE PLAN EFFECTIVE AS OF JANUARY 1, 2006American Financial Realty Trust • August 9th, 2005 • Real estate investment trusts • Pennsylvania
This Plan is intended to provide additional compensation for executive personnel who contribute materially to the continued growth, development and future business success of the Company. The Plan is a performance-based plan that utilizes earnings targets based on the growth of FFO over the Performance Period as the measurement criteria for determining incentive compensation for Participants in the Plan. The Company believes that the Plan will encourage Participants to contribute materially to the growth of the Company, thereby benefiting the Company’s shareholders, and aligning the economic interests of Participants with those of the shareholders. All capitalized terms used in this Article I shall have the meaning ascribed to them in Article II below.
