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AMENDMENT TO EMPLOYMENT AGREEMENT

Employment Agreement Amendment

AMENDMENT TO EMPLOYMENT AGREEMENT You are currently viewing:
This Employment Agreement Amendment involves

TOUSA, Inc

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Title: AMENDMENT TO EMPLOYMENT AGREEMENT
Date: 8/12/2008
Industry: BLDSRV     Sector: CAPGDS

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EX-10.57 Amendment to Employment Agreement

Exhibit 10.57

AMENDMENT TO
EMPLOYMENT AGREEMENT

     This Amendment to the Employment Agreement (this “Amendment”), made this day of January 18, 2008, by and between TOUSA, Inc., a Delaware corporation (the “Employer”), and Tommy McAden, an individual (the “Employee”).

BACKGROUND

     Employer and the Employee previously entered into the Employment Agreement, including Exhibits A, B and C thereto (together the “Agreement”), effective January 1, 2006.

     Employer and the Employee now wish to amend Sections 2, 4 and 5 of the Agreement to comply.

AGREEMENT

     Now, therefore, in consideration of the facts, mutual promises, and covenants contained herein and intending to be legally bound hereby, Employer and the Employee agree as follows:

 

1.

 

Section 2 of Exhibit B of the Agreement is hereby amended to read in its entirety as follows:

“Position. The Employee will serve as Chief Financial Officer and an Executive Vice President of the Employer. In this capacity, Employee will have such duties and responsibilities as are reasonably consistent with such position or as may be assigned or delegated to the Employee from time to time by the CEO or another executive officer of the Employer identified by the CEO to the Employee.”

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