Exhibit 10.123

 

 

Gary J. Skoien

Chairman, President, and

Chief Executive Officer

 

 

September 17, 2003

 

 

Mr. Tom Rumptz

Horizon Group Properties, Inc.

5000 Hakes Drive

Muskegon, MI   49441

 

Dear Tom:

 

This letter amends your initial retention letter of 1999 and all subsequent
letters.

 

The “Severance Benefits” identified in Section 3 on Page 2 shall be ten (10)
months both for salary and COBRA.  The “Term of this Agreement” on Page 2,
Section 4 shall be changed to December 31, 2004.

 

Please feel free to call me with any comments or questions you may have.  Thank
you for your hard work and continued contribution on behalf of Horizon Group
Properties, Inc.

 

 

Very truly yours,

 

 

 

 

 

Gary J. Skoien

 

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