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Title: |
Agreement |
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Date: |
2002 |
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$35 |
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ID: |
#336234 |
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AGREEMENT
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THIS AGREEMENT MADE AND ENTERED INTO at Cleveland, Ohio this 28th day
of August, 2002, by and between FOREST CITY ENTERPRISES, INC., an Ohio
corporation, of Terminal Tower, 50 Public Square, Suite 1100, Cleveland, Ohio
44113-2267, hereinafter referred to as "Company", and JAMES A. RATNER of 19750
Shaker Boulevard, Shaker Heights, Ohio, hereinafter referred to as "Employee".
WHEREAS, the Company and the Employee desire to terminate the
Employment Agreement dated May 3, 2000 and enter into a new Employment Agreement
to be effective as of February 3, 2002, and
WHEREAS, the Compensation Committee of this Company has recommended a
change in salary for the Employee to be effective as of February 3, 2002.
NOW, THEREFORE, it is agreed that:
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