FIRST AMENDED CONFIDENTIAL SEPARATION AGREEMENT,

              GENERAL RELEASE AND INDEPENDENT CONTRACTOR AGREEMENT



      This First Amended Confidential Separation Agreement, General Release

and Independent Contractor Agreement ("Amended Agreement") is made as of this

10th day of March 2005 by and between, Eric Rome, a resident of the State of

Texas ("Employee") and Technical Olympic USA, Inc., a Delaware corporation (the

"Company"), all of its current and former parents, partnerships, joint ventures,

subsidiaries, related companies, affiliates, and each of them, as well as its

and their trustees, directors, officers, agents, employees, stockholders,

representatives, assignees, and successors, and each of them (collectively, the

"Company").



         WHEREAS, Employee and the Company entered into that certain Employment

Agreement of January 1, 2003 (herein the "Employment Agreement"), and the

Employment Agreement is still in current force and effect between the parties;



         WHEREAS, Employee and the Company agree to terminate the employment of

the Employee under the Employment Agreement as of March 11, 2005; and, agreed to

provide for a new and independent relationship between the Employee and Company

after March 11, 2005 on the terms and conditions as set forth in that certain

Confidential Separation Agreement and General Release ("Agreement") previously

executed between the Parties;



         WHEREAS, Employee (sometimes referred to herein when appropriate as

Independent Contractor) and the Company agree to supersede the Agreement on the

terms provided herein to the extent they are inconsistent with the Agreement;

and, to terminate that certain Project Consulting Agreement with TOUSA Homes,

Inc. dated March 10, 2005; it is



            THEREFORE, in consideration of the covenants undertaken by both

parties hereto, Employee and the Company agree as follows:



1.       EMPLOYMENT SEPARATION. Employee, currently employed as Executive Vice

         President of the Company's homebuilding entity, will separate from the

         Company effective March 11, 2005 (the "Separation Date"). Employee and

         the Company acknowledge that the parties have agreed to the employment

         termination as of March 11, 2005 as set forth in this Amended

         Agreement, and an electronic announcement of Employee's separation from

         the Company will be distributed by the Company to pertinent employees

         by March 14, 2005, provided that such announcement is approved by

         Employee prior to distribution by the Company. This Amended Agreement

         supersedes the terms of the Agreement to the extent that the revisions

         of the Amended Agreement are inconsistent with the Agreement. The

         Parties agree to terminate and treat as a nullity that certain Project

         Consulting Agreement with TOUSA Homes, Inc. executed previously as of

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