0001299933-08-006089 Sample Contracts

Robert Grien Re: Transition Employment Agreement Dear Rob,
Deerfield Capital Corp. • December 30th, 2008 • Real estate investment trusts

This letter (our “Agreement”) will confirm our understanding with respect to your termination as an employee of Deerfield Capital Management LLC (the “Company”) as a result of a reduction in force. You acknowledge that this Agreement is intended only to resolve matters relating to your employment with the Company and is not an admission of fault or liability on the part of you or the Company. Subject to your continuing to comply with the terms of this Agreement, you and the Company agree as follows:

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