0001193125-08-072216 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • April 1st, 2008 • Novastar Financial Inc • Real estate investment trusts • Missouri

This Employment Agreement (“Agreement”) is made and entered into as of December 17, 2007, by and between NovaStar Financial, Inc. (the “Company”) and Todd M. Phillips (the “Employee”).

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RETENTION AGREEMENT
Retention Agreement • April 1st, 2008 • Novastar Financial Inc • Real estate investment trusts • Missouri

This RETENTION AGREEMENT (the “Agreement”) is entered into effective as of December 17, 2007, by and between NovaStar Financial, Inc. (the “Company”) and Todd M. Phillips (the “Employee”).

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