0001193125-05-195733 Sample Contracts

AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • October 3rd, 2005 • Sunset Financial Resources Inc • Real estate investment trusts

This Amendment to Employment Agreement (the “Amendment”), by and between George Deehan (“Executive”) and Sunset Financial Resources, Inc. (“the Company”), is effective as of October 3, 2005 (the “Effective Date”), and amends that certain Employment Agreement (the “Employment Agreement”) by and between the Executive and the Company dated as of August 8, 2005.

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SEPARATION AGREEMENT AND GENERAL RELEASE
Separation Agreement • October 3rd, 2005 • Sunset Financial Resources Inc • Real estate investment trusts • Florida

This Separation Agreement and General Release (the “Agreement”) is executed on the dates given on the signature pages by and between Sunset Financial Resources, Inc. (“Sunset” or the “Company”) and John Bert Watson (“Executive,” “you” or “I”).

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