0001193125-06-254502 Sample Contracts

SECOND AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • December 15th, 2006 • RAIT Financial Trust • Real estate investment trusts • Pennsylvania

THIS SECOND AMENDED AND RESTATED EMPLOYMENT AGREEMENT (the “Agreement”), entered into as of December 11, 2006, by and between RAIT Investment Trust, a Maryland real estate investment trust (the “Company”), with a principal office in Philadelphia, Pennsylvania, and Scott F. Schaeffer (“Executive”).

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AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • December 15th, 2006 • RAIT Financial Trust • Real estate investment trusts • Pennsylvania

THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (the “Agreement”) entered into as of December 11, 2006 by and between RAIT Investment Trust, a Maryland real estate investment trust (the “Company”), with a principal office in Philadelphia, Pennsylvania, and Betsy Z. Cohen (“Executive”).

FIRST AMENDMENT TO REVOLVING CREDIT AGREEMENT
Revolving Credit Agreement • December 15th, 2006 • RAIT Financial Trust • Real estate investment trusts • New York

THIS FIRST AMENDMENT TO REVOLVING CREDIT AGREEMENT (this “Amendment”) is made as of December 11, 2006, among RAIT INVESTMENT TRUST, a Maryland trust (“RAIT”), RAIT PARTNERSHIP, L.P., a Delaware limited partnership (“RAIT OP”), and RAIT ASSET HOLDINGS, LLC, a Delaware limited liability company (“RAIT SPE”) (RAIT, RAIT OP and RAIT SPE are hereinafter referred to individually as a “Borrower” and collectively as the “Borrowers”), KEYBANK NATIONAL ASSOCIATION, as Administrative Agent (the “Administrative Agent”), and the LENDERS party to this Amendment (the “Lenders”).

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