0001299933-06-003978 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • June 7th, 2006 • Technical Olympic Usa Inc • General bldg contractors - residential bldgs • Florida

This Employment Agreement (this “Agreement”) is made as of June 1, 2006 (the “Effective Date”), by and between Technical Olympic USA, Inc., a Delaware corporation (the “Employer”), and Andreas Stengos (the “Employee”).

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Mr. John Kraynick 631 Leigh Palm Ave Plantation, Florida 33324 Re: Modification to Employment Agreement Dear John,
Technical Olympic Usa Inc • June 7th, 2006 • General bldg contractors - residential bldgs

This letter serves to confirm our understanding to modify that certain Employment Agreement dated January 13, 2006 by and between you and Technical Olympic USA Inc., as “Employer” (the “Agreement”).

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