AGREEMENT TO EXTEND THE TERM OF THE MANAGEMENT CONTINUITY AGREEMENT
AGREEMENT
TO
EXTEND THE TERM OF THE
MANAGEMENT CONTINUITY AGREEMENT
WHEREAS, Kyle R. Walker (the Executive) entered into a management continuity agreement with Fremont General Corporation (FGC) and Fremont Investment & Loan (FIL and, collectively with FGC, the Company) effective August 7, 2003 (herein, the Agreement);
WHEREAS, the Agreement will terminate on August 7, 2006 unless extended by mutual written agreement between the Company and the Executive;
NOW, THEREFORE, for good and valuable consideration, the receipt of which is hereby acknowledged, the Company and the Executive agree that the term of the Agreement is extended to August 7, 2009.
IN WITNESS WHEREOF, the Executive, FGC and FIL hereby agree that the Agreement is amended to reflect the foregoing.
Kyle R. Walker
Date:
Fremont Investment & Loan
By:
Date:
Fremont General Corporation
By:
Date: