EMPLOYMENT AGREEMENT

     THIS  AGREEMENT  is made and  entered  into as of the 18th day of  November
1998,  by and  between  ABRAMS  INDUSTRIES,  INC.,  a Georgia  corporation  (the
"Company"), and EDWARD M. ABRAMS ("Executive").

                            W I T N E S S E T H:
                            -------------------

     WHEREAS, Executive has devoted over forty-five years of valuable service to
the Company  and has during  such time  accumulated  significant  knowledge  and
understanding of the Company's operations,  markets,  industries,  suppliers and
employees, to which knowledge the Company desires to have long-term access;

     WHEREAS,  the  parties  hereto  desire to enter into an  agreement  for the
employment of Executive by the Company on the terms and  conditions  hereinafter
stated;

     NOW,  THEREFORE,  for and in  consideration  of the premises and the mutual
covenants  and  agreements   contained  herein,  and  other  good  and  valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto agree as follows:

     1.   Employment, Duties and Term.  (a)  Subject to the terms and
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conditions  of  this  Agreement,  the  Company  hereby  employs  Executive,  and
Executive  hereby accepts such  employment.  Executive  shall serve initially as
Chairman of the Executive Committee, and shall perform such duties and functions
for the Company as are  customarily  incident to such  position.  Executive  may
serve in other mutually agreeable positions with the Company during the Term (as
defined below). To facilitate the performance of such duties and functions,  the
Company will provide  Executive  with  reasonable  office space and  secretarial
assistance.

          (b)  Unless  earlier   terminated  as  provided  herein,   Executive's
employment  under this Agreement shall be for a term commencing as of August 19,
1998 (the  "Effective  Date") and ending on August 19,  2008.  The date on which
Executive's employment terminates as provided in this Agreement is herein called
the  "Termination  Date",  and the period from the  Effective  Date  through the
Termination Date is herein called the "Term".

          (c)  Executive  shall not,  without the prior  written  consent of the
Company,  directly or  indirectly,  at any time  during the Term,  engage in any
venture or activity which is competitive  with or adverse to the business of the
Company,  whether alone,  as a partner,  or as an officer,  director,  employee,
consultant, shareholder of a non-publicly held company, or otherwise.

     2.   Compensation.  In  consideration  of Executive'  services  hereunder,
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Company  shall  pay  to  Executive   compensation  as  set  forth  below  (which
compensation  shall be paid, except as otherwise  provided herein, in accordance
with the normal compensation practices of the  Company and shall be  subject to

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such deductions and  withholdings as are required by law or general  policies of
the Company in effect from time to time):

          (a) The Company shall pay to Executive an annual salary which shall be
paid on a weekly  basis  and  shall  initially  be  $231,525  per  annum  ("Base
Compensation").  On each  anniversary of the Effective Date,  Base  Compensation
shall be increased by five percent (5%) over the Base  Compensation for the year
preceding such anniversary.

          (b) The Company shall pay those  membership dues and  subscriptions on
behalf of Executive as are currently  provided to Executive by the Company,  and
as are provided to executive officers of the Company from time to time.

          (c)  Executive  shall be entitled  to the medical and dental  benefits
that are provided from time to time by the Company's  medical insurance plan and
dental  insurance  plan.  Such  medical  benefits  may also be provided  through
Medicare coverage available to Executive or supplemental medical insurance, or a
combination  of both, so long as the benefits  provided to Executive and the out
of pocket costs incurred by Executive are  substantially  the same as those that
would be  provided  and  incurred  by  Executive  under  the  Company's  medical
insurance plan.

          (d) Executive shall be entitled to participate in the Company's Profit
Sharing  Plan on the  same  basis as other  employees  for so long as  Executive
continues  to work the annual  minimum  number of hours  during each fiscal year
necessary to qualify as an eligible  participant in the Company's Profit Sharing
Plan. If in any fiscal year Executive fails to work the annual minimum number of
hours  necessary to qualify as an eligible  participant in the Company's  Profit
Sharing Plan,  then  thereafter  the Company shall pay to Executive  each fiscal
year an  amount  all in cash  that is  equal  to the  total  cash  and  deferred
payments,  if any,  which would have been paid or credited to Executive for that
fiscal year had he been an eligible  participant in the Company's Profit Sharing
Plan.

          (e) Executive  shall be entitled to  participate in any other employee
benefit plans generally provided by the Company to its executive  officers,  but
only if and to the extent  provided in such  employee  benefit  plans and for so
long as the Company  provides  or offers such  benefit  plans.  For  purposes of
determining his eligibility to participate in such other employee benefit plans,
Executive shall be deemed a regular full-time salaried employee.

          (f) The  compensation  and  benefits set forth above in this Section 2
shall cease on the Termination Date, except amounts payable for any period prior
to the  Termination  Date and except as required by law or the express  terms of
any  employee  benefit plan in which  Executive  participates  pursuant  hereto.
Nothing  herein shall affect  Executive's  right to COBRA  benefits,  Short-Term
Disability Plan benefits and Long-Term Disability Plan benefits,  nor affect the
rights of beneficiaries  under any life insurance policies insuring  Executive's
life.

     3.   Confidential Information.  (a)  During the Term, Executive agrees
          ------------------------
that he shall not disclose to any person, or otherwise use, except in connection
with and as necessary  for his duties  performed  for the  Company,  any Company
Confidential Information; provided, however, that Executive may

<PAGE>
make  disclosures  required by a valid  order or  subpoena  issued by a court or
administrative agency of competent  jurisdiction,  in which event Executive will
promptly  notify the Company of such order or subpoena to provide the Company an
opportunity to protect its interests.

          (b) "Company  Confidential  Information,"  as used in this  Agreement,
means  information  relating to the business of the Company which derives value,
actual or potential,  from not being generally  known to other persons.  Company
Confidential  Information does not include  information  which becomes generally
known to the public without breach of this Agreement.

     4.   Termination.  Executive's employment under this Agreement may be
          -----------
terminated only in accordance with the following provisions:

          (a) Executive's  employment hereunder shall be deemed to be terminated
as of  the  date  of  Executive's  death.  In the  event  of  Executive's  total
disability,   the  Executive's  employment  hereunder  shall  be  deemed  to  be
terminated  on the second August 19th  following  the date of total  disability,
except that in no event shall this contract extend beyond August 19, 2008.

          (b) The Company may  terminate  Executive's  employment  hereunder for
"Cause," which shall mean (i) Executive's gross negligence or willful misconduct
in the performance of his duties hereunder which results in material harm to the
Company,  or (ii)  Executive's  conviction of a felony or crime  involving moral
turpitude.  A  termination  of  Executive  with Cause based on clause (i) of the
preceding  sentence  shall take effect 90 days after the Company  gives  written
notice of such  termination to Executive  unless  Executive  shall,  during such
90-day period, remedy the events or circumstances constituting Cause.

     5.   Interpretation; Severability of Invalid Provisions.  All rights
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and  restrictions  contained in this  Agreement  may be  exercised  and shall be
applicable  and  binding  only  to the  extent  that  they  do not  violate  any
applicable  laws and are intended to be limited to the extent  necessary so that
they will not render this Agreement  illegal,  invalid or unenforceable.  If any
term of this Agreement shall be held to be illegal,  invalid or unenforceable by
a court of  competent  jurisdiction,  the  remaining  terms shall remain in full
force and effect.

     6.   Notice.  All notices, demands and requests, where permitted to be
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given under this Agreement, shall be deemed sufficient if delivered in person or
mailed by registered or certified mail,  postage prepaid,  addressed as follows,
or to such other  address as a party may have  furnished  to the other  party in
accordance herewith:

     To the Company:                         To Executive:

     Abrams Industries, Inc.                 Mr. Edward M. Abrams
     Attention: Chief Executive Officer      3770 Paces Ferry Rd. NW
     Suite 300                               Atlanta, Georgia 30327
     1945 The Exchange
     Atlanta, Georgia 30339


<PAGE>
The  parties  agree  to  promptly  notify  the  other  of any  changes  in their
addresses.

     7.   Agreement Binding; Assignment.  This Agreement shall inure to the
          -----------------------------
benefit of and be binding  upon the  Company,  Executive,  and their  respective
permitted successors,  or legal  representatives.  The parties hereto shall not,
without  the  consent of the other,  assign or transfer  this  Agreement  or any
rights or obligations  hereunder,  except that the Company may assign its rights
or obligations under this Agreement without such consent to any successor to the
business of the Company by merger, consolidation,  transfer of substantially all
the assets of the Company or otherwise.

     8.   Nonwaiver.  The failure of either party to insist upon strict
          ---------
performance  of the terms of this  Agreement  or to exercise  any right  herein,
shall not be  construed as a waiver or a  relinquishment  for the future of such
term or right, but the same shall continue in full force and effect.

     9.   Entire Agreement.  This Agreement contains the entire agreement
          ----------------
between the parties and no statement,  promises or inducements made by any party
hereto,  or agent of either  party,  which is not  contained in this  Agreement,
shall be valid or  binding.  This  Agreement  may not be  enlarged,  modified or
altered except in writing signed by the parties.

     10.  Governing Law.  This Agreement has been executed and delivered in
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and is to be  performed  in the  State  of  Georgia  and it and the  rights  and
obligations of the parties  hereunder  shall be construed  under and governed by
the laws of the  State  of  Georgia  without  giving  effect  to  principles  of
conflicts of laws.


     IN WITNESS WHEREOF, the Company has caused this Agreement to be executed by
its duly authorized  officer,  and Executive has executed this Agreement,  as of
the date first written above.



     ABRAMS INDUSTRIES, INC.



     By: /s/ Joseph H. Rubin                  Edward M. Abrams
         JOSEPH H. RUBIN                      EDWARD M. ABRAMS