SECOND AMENDMENT TO THE

EMPLOYMENT AGREEMENT

This SECOND AMENDMENT to the Employment Agreement (as defined below), made and
effective as of November 3, 2009, by and between Lexington Realty Trust, a
Maryland real estate investment trust (the “Company”), and [_____________] (the
“Executive”):

WHEREAS, the Company and the Executive entered into the Employment Agreement by
and between the Company and the Executive, effective as of May 4, 2006, as
amended by the First Amendment thereto, effective as of January 1, 2009 (the
“Employment Agreement”); and

WHEREAS, the Company and Executive desire and agree to amend the provisions of
the Employment Agreement as provided below.

NOW, THEREFORE, in consideration of the foregoing and for other valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the
undersigned parties agree to amend the Employment Agreement as follows:

1.

Notwithstanding anything to the contrary, the current Additional Term of the
Employment Agreement shall expire on July 5, 2010; provided that such term shall
be automatically extended for additional periods of one (1) year commencing on
the anniversary of July 5, 2010 and each anniversary thereof (such period the
“Additional Term”) unless either party shall have given notice to the other
party that such party does not desire to extend the term of the Employment
Agreement, such notice to be given at least one hundred eighty (180) days prior
to the end of the Additional Terms.

2.

Except as modified by this Amendment, the Employment Agreement is hereby
ratified and affirmed in all respects. Nothing herein shall be held to alter,
vary or otherwise affect the terms, conditions and provision of the Employment
Agreement, other than as stated above.

IN WITNESS WHEREOF, the parties hereto have executed this Amendment and such
Amendment shall be effective as of the date first above written.

LEXINGTON REALTY TRUST

 

 

By:                                                                              
 

Name:

Title:

EXECUTIVE   

                                                                                       

[_______________]

 

1