Document:

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                                                                  Exhibit 10.22

                                 BONUS AGREEMENT

        This BONUS AGREEMENT (this "Agreement") dated as of May 20, 2003 by and
between WERNER HOLDING CO. (PA), INC. a Pennsylvania corporation (the
"Company"), and Steven R. Bentson (the "Employee").

                                 R E C I T A L S

        WHEREAS, the Company intends to effect a recapitalization and redemption
of its capital (the "Transaction") as specified in the Recapitalization and
Stock Purchase Agreement dated as of May 7, 2003 by and between the Company and
certain parties signatories thereto (the "Stock Purchase Agreement"); and

        WHEREAS, subject to and upon the consummation of the Transaction, the
Company desires to reward certain members of management and key employees of the
Company for their contribution to the success of the Company.

        NOW THEREFORE, in consideration of the mutual covenants set forth
herein, and for other good and valuable consideration, receipt of which is
hereby acknowledged, the parties, intending to be legally bound, do hereby agree
as follows:

                                    AGREEMENT

        1. Definitions. Capitalized terms used herein but not otherwise defined
herein shall have the following meanings:

                "Act" means the Securities Act of 1933, as amended.

                "Cause" means that the Employee (a) has been convicted of a
        felony, or has entered a plea of guilty or nolo contendere to a felony;
        (b) has committed an act of fraud or dishonesty which is materially
        injurious to the Company or any of its Subsidiaries; (c) has willfully
        and continually refused to perform his or her duties with the Company or
        any of its Subsidiaries; or (d) has engaged in gross misconduct that is
        materially injurious to the Company or any of its Subsidiaries.

                "Good Reason" means (a) the assignment to the Employee of
        duties, or the assignment of the Employee to a position, constituting a
        material diminution in the Employee's role, responsibilities or
        authority compared with his or her role, responsibilities or authority
        with the Company or its affiliates on the date hereof; (b) a reduction
        by the Company in the Employee's base salary as in effect from time to
        time; or (c) a demand by the Company to the Employee to relocate to any
        place that exceeds a 50 mile radius beyond the location at which the
        Employee performed the Employee's duties on the date hereof; provided,
        however, that in the event that any change in the Employee's duties,
        position, role, responsibilities or authority is implemented or proposed
        to be implemented by the Company during the term of his or her
        employment with the Company, then: (i) unless the Employee provides
        written notice to the Company and the Chief Executive Officer of the
        Company within 30 days of being notified of such

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        change or proposed change that the Employee asserts that such change
        constitutes a "material diminution", such change shall be deemed not to
        be such a "material diminution" and thereafter the Employee's duties,
        position, role, responsibilities and authority shall be as so changed;
        and (ii) in the event that the Employee provides such notice in a timely
        manner and, within 30 days thereafter, the Company, in its sole
        discretion, rescinds or alters such change, then the original change
        shall be disregarded (except to the extent so altered).

                "Initial Public Offering" means the sale of any of the common
        stock of the Company pursuant to a registration statement that has been
        declared effective under the Act, if as a result of such sale (a) the
        issuer becomes a reporting company under Section 12(b) or 12(g) of the
        Securities Exchange Act of 1934, as amended, and (b) such stock is
        traded on the New York Stock Exchange or the American Stock Exchange, or
        is quoted on the NASDAQ National Market System or is traded or quoted on
        any other national stock exchange or national securities system.

                "Liquidity Event" means a transaction or a series of related
        transactions which results in a bona fide, unaffiliated change of
        economic beneficial ownership of the Company or its business of greater
        than 50% (disregarding for this purpose any disparate voting rights
        attributable to the outstanding stock of the Company), whether pursuant
        to the sale of the stock of the Company, the sale of the assets of the
        Company, or a merger or consolidation (other than a sale of stock by a
        Non-Employee Stockholder to (a) another Non-Employee Stockholder or
        affiliate thereof, or (b) a non-U.S. entity with respect to which a
        Non-Employee Stockholder or affiliate thereof has an administrative
        relationship).

                "Non-Employee Stockholder" means a shareholder of the Company
        (other than any such shareholder who is also an employee of the Company)
        and any transferees of such shareholder prior to an Initial Public
        Offering or a Liquidity Event.

                "Subsidiary" means any joint venture, corporation, partnership,
        limited liability company or other entity as to which the Company,
        whether directly or indirectly, has more than 50% of the (a) voting
        rights or (b) rights to capital or profits.

        2. Cash Bonus Amount. For each fiscal year of the Company set forth on
Exhibit A attached hereto and subject to the conditions set forth in Section 3
hereof, the Employee shall accrue the right to the Cash Bonus Amount set forth
in column (C) of Exhibit A if the Company's annual Earnings before Interest,
Taxes, Depreciation and Amortization ("EBITDA"), as defined on Exhibit A, equals
or exceeds the Target Annual EBITDA amount set forth in column (A) of Exhibit A
with respect to such fiscal year. If for any fiscal year set forth on Exhibit A
the Company's annual EBITDA amount for that fiscal year equals or exceeds 95% of
the Target Annual EBITDA amount set forth in column (A) with respect to such
fiscal year, but is less than 100% of such Target Annual EBITDA amount, then,
subject to the conditions set forth in Section 3 hereof, the Employee shall
accrue the right to 75% of the Cash Bonus Amount that the Employee would have
accrued had the Company achieved 100% of its Target Annual EBITDA amount for
that fiscal year. If for any fiscal year set forth on Exhibit A the Company's
annual EBITDA amount for that fiscal year equals or exceeds 90% of the Target
Annual

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EBITDA amount set forth in column (A) with respect to such fiscal year, but is
less than 95% of such Target Annual EBITDA amount, then, subject to the
conditions set forth in Section 3 hereof, the Employee shall accrue the right to
50% of the Cash Bonus Amount that the Employee would have accrued had the
Company achieved 100% of its Target Annual EBITDA amount for that fiscal year.
If for any fiscal year set forth on Exhibit A the Company's cumulative annual
EBITDA amount for that and the proceeding fiscal years equals or exceeds the
Cumulative Target EBITDA amount set forth in column (B) of Exhibit A with
respect to such fiscal year, and subject to the conditions set forth in Section
3 hereof, the Employee shall accrue the right to the Cash Bonus Amount as if the
Company had achieved its Target Annual EBITDA amounts for that and each of the
preceding fiscal years.

        3. Payment of Cash Bonus Amount. (a) Upon the consummation of a
Liquidity Event or an Initial Public Offering and subject to Section 4 hereof,
the Company shall pay, or cause to be paid, to the Employee, subject to Section
6 hereof, the aggregate amount of the accrued Cash Bonus Amount.

            (b) If the Employee is terminated without Cause (including, but not
limited to disability or death) or resigns with Good Reason after the date
hereof but prior to the earlier of (i) December 31, 2008, or (ii) a Liquidity
Event or an Initial Public Offering, then upon the consummation of a Liquidity
Event or an Initial Public Offering the Company shall pay, or cause to be paid,
to the Employee the aggregate Cash Bonus Amount that such Employee had accrued
as of the date such Employee ceased to be so employed.

        4. Termination. (a) This Agreement will terminate and the Company shall
have no obligation to pay, or cause to be paid, to the Employee the accrued Cash
Bonus Amount on the earlier to occur of (i) December 31, 2008, or (ii) unless
otherwise provided in Section 3(b) above, the date upon which the Employee's
employment with the Company terminates for any reason.

            (b) The Employee shall not be considered to have ceased to be
employed by the Company for purposes of this Agreement if he or she continues to
be employed by the Company or a Subsidiary, or by a company of which the Company
is a Subsidiary.

        5. Not an Employment Contract. This Agreement shall not confer upon the
Employee any right with respect to continuance of employment with the Company or
any affiliate of the Company, nor shall it interfere in any way with the right
of the Company to terminate the Employee's employment at any time.

        6. Taxes. Any payment made hereunder shall be subject to withholding of
such taxes as the Company shall deem appropriate.

        7. Notices. All notices and other communications given or made pursuant
to this Agreement shall be in writing and shall be deemed to have been duly
given or made (a) three business days after being sent by registered or
certified mail, return receipt requested, (b) upon delivery, if hand delivered,
(c) one business day after being sent by a nationally recognized prepaid
overnight carrier with guaranteed delivery, with a record of receipt, or (d)
upon

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transmission with confirmed delivery if sent by facsimile, to the parties at the
following addresses (or at such other addresses as shall be specified by the
parties by like notice):

         If to the Company to:

                  Werner Holding Co. (PA), Inc.
                  93 Werner Road
                  Greenville, PA 16125
                  Attention:  Eric J. Werner, General Counsel

         With a copy to:

                  Gibson, Dunn & Crutcher LLP
                  200 Park Avenue, 47th Floor
                  New York, New York 10166-0193
                  Facsimile: (212) 351-4035
                  Attention:  E. Michael Greaney

        If to the Employee to the address set forth below the Employee's
signature below.

        8. Governing Law. All terms of and rights under this Agreement shall be
governed by and construed in accordance with the internal laws of the
Commonwealth of Pennsylvania, without giving effect to principles of conflicts
of law.

        9. Entire Agreement, Binding Obligations. This Agreement shall become
binding on the Closing Date as such term is defined in the Stock Purchase
Agreement, subject to the consummation of the Transaction. This Agreement sets
forth the entire agreement and understanding between the parties as to the
subject matter hereof and supersedes all prior oral and written and all
contemporaneous oral discussions, agreements and understandings of any kind or
nature.

        10. Severability. If any term or other provision of this Agreement is
invalid, illegal or incapable of being enforced by any rule of law, or public
policy, all other conditions and provisions of this Agreement shall nevertheless
remain in full force and effect so long as the economic or legal substance of
the transactions contemplated hereby is not affected in any manner adverse to
any party. Upon such determination that any term or other provision is invalid,
illegal or incapable of being enforced, the parties hereto shall negotiate in
good faith to modify this Agreement so as to effect the original intent of the
parties as closely as possible in an acceptable manner to the end that
transactions contemplated hereby are fulfilled to the maximum extent possible.

        11. Remedies. In the event of a breach by any party to this Agreement of
its obligations under this Agreement, any party injured by such breach, in
addition to being entitled to exercise all rights granted by law, including
recovery of damages, shall be entitled to specific performance of its rights
under this Agreement. The parties agree that the provisions of this Agreement
shall be specifically enforceable, it being agreed by the parties that the
remedy at law, including monetary damages, for breach of any such provision will
be inadequate

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compensation for any loss and that any defense in any action for specific
performance that a remedy at law would be adequate is hereby waived.

        12. Further Assurances. Each party shall cooperate and take such action
as may be reasonably requested by another party in order to carry out the
provisions and purposes of this Agreement.

        13. Assignment; Binding Effect. This Agreement shall not be assigned by
operation of law or otherwise by any party hereto without the prior written
consent of the other party hereto. This Agreement shall inure to the benefit of
and be binding upon the parties hereto and their respective permitted successors
and assigns.

        14. Amendment; Waiver. Any term of this Agreement may be amended and the
observance of any such term may be waived (either generally or in a particular
instance) only with the prior written consent of the Company and the Employee.

        15. Headings. The headings preceding the text of the sections hereof are
inserted solely for convenience of reference, and shall not constitute a part of
this Agreement, nor shall they affect its meaning, construction or effect.

        16. Counterparts. This Agreement may be executed in two counterparts,
each of which shall be deemed an original, but which together shall constitute
one and the same instrument. Delivery of an executed counterpart of a signature
page to this Agreement by facsimile shall be as effective as delivery of a
manually executed counterpart to this Agreement.

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        IN WITNESS WHEREOF, the parties hereto have executed this Agreement
effective as of the date first written above.

                               WERNER HOLDING CO. (PA), INC.

                               By:
                                  ----------------------------------------------
                                  Name:  Eric J. Werner
                                  Title: Vice President, Secretary and General
                                         Counsel

                               EMPLOYEE:

                               -------------------------------------------------
                               Name:     Steven R. Bentson
                               Address:  1235 Foxwood Drive
                                         Hermitage, PA  16148

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                                                                       EXHIBIT A

                                STEVEN R. BENTSON

                        EARNINGS BEFORE INTEREST, TAXES,
                          DEPRECIATION AND AMORTIZATION
                    (COLUMNS A AND B IN MILLIONS OF DOLLARS)

<TABLE>
<CAPTION>
                               (A)                 (B)                 (C)
                              Annual            Cumulative          Cash Bonus
      Fiscal Year             Target              Target              Amount
      -----------             ------              ------              ------
      <S>                   <C>                 <C>              <C>
         2003                  92.1                92.1             $99,186.40
         2004                 103.6               195.7             $99,186.40
         2005                 115.6               311.3             $99,186.40

</TABLE>

        Earnings Before Interest, Taxes, Depreciation and Amortization
("EBITDA") for a particular period is defined as Consolidated Net Income (loss)
of the Company and its subsidiaries as shown on the consolidated statement of
income (loss) for such period prepared in accordance with U.S. GAAP,
consistently applied, which shall (a) exclude or be adjusted otherwise for all
acquisitions and additional equity contributions to the extent such acquisitions
and/or equity contributions materially change target EBITDA for any particular
fiscal year of the Company, (b) reflect a reduction for all management and
employment bonuses payable with respect to the fiscal year of the Company and
(c) be adjusted for any material amendment to the capital expenditure plan
approved by the Board of Directors of the Company (the "Board"); plus (minus),
to the extent such amounts are otherwise taken into account in determining
EBITDA (prior to adjustment), the following:

                  1. Any provision (benefit) for taxes, including franchise
         taxes, deducted (added) in calculating such consolidated net income
         (loss);

                  2. Any interest expense (net of interest income), deducted in
         calculating such consolidated net income (loss);

                  3. Amortization expenses deducted in calculating such
         consolidated net income (loss);

                  4. Depreciation expense deducted in calculating consolidated
         net income (loss);

                  5. Management fees paid to Investcorp to the extent recorded
         as an expense in calculating such consolidated net income (loss);

                  6. Any unusual losses (gains) deducted (added) in calculating
         such consolidated net income (loss). This adjustment is intended to
         exclude, in the calculation of EBITDA, the effects, if any, of any
         transactions outside of the Company's ordinary

                                      A-1
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         course of business as and to the extent determined to be appropriate in
         good faith by the Board.

         The Board reserves the right to make other adjustments to EBITDA or the
EBITDA targets as the Board determines in good faith are appropriate to take
into account the effect of material transactions or events during the period,
including without limitation acquisitions, divestitures, equity issuances and
significant changes to capital expenditure plans.

         The Employee and his or her representative shall be provided reasonable
opportunity to review the computation of EBITDA and reasonable access to the
data and information supporting such computation, but the Board's determination
shall be conclusive and binding.

                                      A-2<PAGE>
                          SEVERANCE BENEFITS AGREEMENT           EXHIBIT 10.178
                          ----------------------------

         AGREEMENT, dated as of December 31, 2002, by and among GLIMCHER REALTY
TRUST, a Maryland real estate investment trust, with offices at 20 South Third
Street, Columbus, Ohio 43215 ("GRT"), GLIMCHER PROPERTIES LIMITED PARTNERSHIP, a
Delaware limited partnership, with offices at 20 South Third Street, Columbus,
Ohio 43215 ("GPLP"), and Melinda A. Janik, an individual residing at 6002
Inismore, Dublin, Ohio 43017 (the "Executive").

         WHEREAS, GRT, GPLP and/or their subsidiaries and affiliates, including
entities in which GRT or GPLP own a majority of any non-voting stock
(collectively, the "Company"), have employed, or may employ in the future, the
Executive as an employee of the Company to perform certain services for and on
behalf of the Company upon terms and conditions upon which the Company and the
Executive have previously agreed, or may in the future agree (the "Services");

         WHEREAS, the Company recognizes that the Executive's contributions to
the future growth of the Company will be substantial; and

         WHEREAS, to induce the Executive to remain in the employ of the
Company, the parties hereto desire to set forth certain severance benefits which
GPLP will pay to the Executive in the event of a Change in Control of GRT (as
defined in Section 2 hereof).

         IT IS AGREED:

         1. TERM. This Agreement shall commence on the date hereof and shall
terminate upon the earlier of (a) the date on which GPLP and GRT have satisfied
all of their obligations hereunder or (b) the date on which the Executive is no
longer an employee of the Company for any reason whatsoever including, without
limitation, termination without cause. Notwithstanding the termination of this
Agreement subsequent to a Change in Control of GRT, in the event that the
Executive is an employee of the Company at the moment immediately prior to a
Change in Control of GRT, the Executive shall be entitled to receive all
benefits described hereunder and the provisions hereof related thereto shall
survive such termination.

         2. CHANGE IN CONTROL OF GRT. For purposes of this Agreement, a "Change
in Control of GRT" shall be deemed to occur if:

            (i) there shall have occurred a change in control of a nature that
         would be required to be reported in response to Item 6(e) of Schedule
         14A of Regulation 14A promulgated under the Securities Exchange Act of
         1934, as amended (the "Exchange Act"), as in effect on the date hereof,
         whether or not GRT is then subject to such reporting requirement;
         provided, however, that there shall not be deemed to be a Change in
         Control of GRT if immediately prior to the occurrence of what would
         otherwise be a Change in Control of GRT (a) the Executive is the other
         party to the transaction (a "Control of GRT Event") that would
         otherwise result in a Change in Control of GRT or

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         (b) the Executive is an Executive officer, trustee, director or more
         than 5% equity holder of the other party to the Control of GRT Event or
         of any entity, directly or indirectly, controlling such other party;

             (ii) GRT merges or consolidates with, or sells all or substantially
         all of its assets to, another company (each, a "Transaction");
         provided, however, that a Transaction shall not be deemed to result in
         a Change in Control of GRT if (a) immediately prior thereto the
         circumstances in (i)(a) or (i)(b) above exist or (b) (1) the
         shareholders of GRT, immediately before such transaction, own, directly
         or indirectly, immediately following such Transaction in excess of
         fifty percent (50%) of the combined voting power of the outstanding
         voting securities of the corporation or other entity resulting from
         such Transaction (the "Surviving Corporation") in substantially the
         same proportion as their ownership of the voting securities of GRT
         immediately before such Transaction and (2) the individuals who were
         members of GRT's Board of Trustees immediately prior to the execution
         of the agreement providing for such Transaction constitute at least a
         majority of the members of the board of directors or the board of
         trustees, as the case may be, of the Surviving Corporation, or of a
         corporation or other entity beneficially, directly or indirectly,
         owning a majority of the outstanding voting securities of the Surviving
         Corporation; or

             (iii) GRT acquires assets of another company or a subsidiary of GRT
         merges or consolidates with another company (each an "Other
         Transaction") and (a) the shareholders of GRT, immediately before such
         Other Transaction own, directly of indirectly, immediately following
         such Other Transaction fifty percent (50%) or less of the combined
         voting power of the outstanding voting securities of the corporation or
         other entity resulting from such Other Transaction (the "Other
         Surviving Corporation") in substantially the same proportion as their
         ownership of the voting securities of GRT immediately before such Other
         Transaction or (b) the individuals who were members of GRT's Board of
         Trustees immediately prior to the execution of the agreement providing
         for such Other Transaction constitute less than a majority of the
         members of the board of directors or board of trustees, as the case may
         be, of the Other Surviving Corporation, or of a corporation or other
         entity beneficially, directly or indirectly, owing a majority of the
         outstanding voting securities of the Other Surviving Corporation;
         provided, however, that an Other Transaction shall not be deemed to
         result in a Change in Control of GRT if immediately prior thereto the
         circumstances in (i)(a) or (i)(b) above exist.

         3. COMPENSATION UPON A CHANGE IN CONTROL OF GRT. If the Executive is an
employee of the Company at the moment immediately prior to a Change in Control
of GRT, the Executive shall be entitled to receive the compensation and benefits
set forth below.

         (a) GPLP shall pay to the Executive, not later than the date of any
Change in Control of GRT, unless otherwise agreed to in writing, a lump sum
severance payment (the "Severance Payment") equal to two (2) times the Base
Amount (as defined below). For purposes of this Section 3(a), the Base Amount
shall mean the Executive's annual compensation during the calendar year period
preceding the calendar year in which the Change in Control of GRT occurs.

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For purposes of determining annual compensation in this Section 3(a), there
shall be included (i) all base salary and bonuses paid or payable to the
Executive by the Company with respect to the preceding calendar year; (ii) all
grants of restricted common shares of beneficial interest of GRT (the "Shares"),
if any, with respect to such preceding calendar year, which Shares shall be
valued based on their date of grant at the then Fair Market Value (as defined in
Section of 7.2 of GRT's 1993 Employee Share Option Plan, 1993 Trustee Share
Option Plan or 1997 Incentive Plan, as the case may be, or any other plan or
agreement pursuant to which they are issued) and (iii) the fair market value of
any other property or rights given or awarded to the Executive by the Company
with respect to such preceding calendar year, or partial first year of
employment.

         (b) Any Shares now or hereafter issued to the Executive pursuant to any
restricted Share grant shall vest on the day immediately prior to the date of a
Change in Control of GRT and no longer be subject to repurchase or any other
forfeiture restrictions.

         (c) GRT and GPLP shall cause the Company to maintain in full force and
effect for the Executive's continued benefit for eighteen (18) months following
a Change in Control of GRT, all life, accident, medical and dental insurance
benefit plans and programs or arrangements in which the Executive was entitled
to participate immediately prior to the date of a Change in Control of GRT,
provided that the Executive's continued participation is allowable under the
general terms and provisions of such plans and programs and provided, further,
that in the event that the Executive becomes employed by any third party during
such 18-month period, then upon the date of such employment the Executive shall
no longer be entitled to any accident, medical or dental insurance benefits
described in the preceding clause. Subject to the preceding sentence, in the
event that the Executive's participation in any such plan or program is barred,
GRT and GPLP shall arrange to cause the Company to provide the Executive with
benefits substantially similar to those which the Executive was entitled to
receive under such plans and programs. Subject to the first sentence of this
paragraph, at the end of the period of coverage, the Executive shall have the
option to have assigned to him at no cost to the Executive and with no
apportionment of prepaid premiums, any assignable insurance policy owned by the
Company and relating specifically to the Executive.

         (d) All options to purchase Shares now or hereafter granted to the
Executive shall vest on the day immediately prior to the date of a Change in
Control of GRT and become fully exercisable in accordance with their terms.

         (e) The Executive shall not be required to mitigate the amount of any
payment provided for in this Section 3 by seeking other employment or otherwise,
nor shall the amount of any payment or benefit provided for in this Section 3 be
reduced by any compensation earned by him as the result of employment by another
employer or by retirement benefits after the date of termination, or otherwise,
except as specifically provided in this Section 3.

         4. ADDITIONAL AMOUNT. Whether or not Section 3 hereof is applicable, if
in the opinion of tax counsel selected by the Executive and reasonably
acceptable to the Company, the Executive has or will receive any compensation or
recognize any income (whether or not pursuant to this Agreement or any plan or
other arrangement of the Company and whether or not the Executive's employment
with the Company has terminated) which constitutes an "excess of parachute
payment" within the meaning of Section 280G(b)(1) of the Internal Revenue Code

<PAGE>

of 1986, as amended (the "Code") (or for which a tax is otherwise payable under
Section 4999 of the Code), then GPLP shall pay the Executive an additional
amount (the "Additional Amount") equal to the sum of (i) all taxes payable by
the Executive under Section 4999 of the Code with respect to all such excess
parachute payments (or otherwise) including, without limitation, the Additional
Amount, plus (ii) all Federal, state and local income taxes for which the
Executive may be liable with respect to the Additional Amount. The amounts
payable pursuant to this Section 4 shall be paid by GPLP to the Executive not
later than the date of any Change in Control of GRT, unless otherwise agreed to
in writing.

         5. EXPENSES. GPLP shall pay or reimburse the Executive, as the case may
be, for all legal fees and related expenses (including the costs of experts,
evidence and counsel) paid by the Executive as a result of (i) the Executive
seeking to obtain or enforce any right or benefit provided by this Agreement or
(ii) any action taken by the Company against the Executive in enforcing its
rights hereunder; provided, however, that GPLP shall reimburse the legal fees
and related expenses described in Section 5 only if and when a final judgment
has been rendered in favor of the Executive and all appeals related to any such
action have been exhausted.

         6. NO EMPLOYMENT RIGHTS OR OBLIGATIONS. Nothing contained herein shall
confer upon the Executive the right to continue in the employment or service of
the Company or affect any right that the Company may have to terminate the
employment or service of the Executive at any time for any reason.

         7. GRT GUARANTY. GRT guarantees the satisfaction of all obligations of,
and the full and prompt payment of all amounts payable by GPLP hereunder. In
addition, GRT guarantees the satisfaction of all obligations of the Company
hereunder.

         8 GOVERNING LAW; ARBITRATION. This Agreement shall be governed by and
construed in accordance with the internal laws of the State of Maryland, without
regard to Maryland's conflicts of law principles. Any dispute or controversy
arising under this Agreement, or out of the interpretation hereof, or based upon
the breach hereof, shall be resolved by arbitration held at the offices of the
American Arbitration Association in The Commonwealth of Pennsylvania, in the
City of Philadelphia, in accordance with the rules and regulations of such
association prevailing at the time of the demand for arbitration by either party
hereto; provided, however, that the arbitrator or arbitrators shall only have
the power and authority to interpret, and not modify or amend, the terms and
provisions hereof. Judgment upon an award rendered by the arbitrator or
arbitrators may be entered in any court having jurisdiction thereof.
Notwithstanding anything contained in this Section 8, either party shall have
the right to seek preliminary injunctive relief in any court in the City of
Philadelphia in aid of (and pending the final decision) the arbitration
proceeding.

         9. ENTIRE AGREEMENT. This Agreement sets forth the entire agreement of
the parties and is intended to supersede all prior negotiations, understandings
and agreements with respect to the subject matter hereof. No provision of this
Agreement may be waived or changed, except by a writing signed by the party to
be charged with such waiver or change.

         10. SUCCESSORS; BINDING AGREEMENT. This shall inure to the benefit of,
be binding upon and enforceable by GRT and GPLP, their successors and assigns,
and the

<PAGE>

Executive and the Executive's personal or legal representatives, executors,
administrators, successors, heirs, distributees, devisees and legatees.

         11. NOTICES. All notices provided for in this Agreement shall be in
writing, and shall be deemed to have been duly given when delivered personally
to the party to receive the same, when given by telex, telegram or mailgram, or
when mailed first class postage prepaid, by registered or certified mail, return
receipt requested, addressed to the party to receive the same. All notices shall
be deemed to have been given as of the date of personal delivery, transmittal or
mailing thereof.

         12. SEVERABILITY. If any provision in this Agreement is determined to
be invalid, it shall not affect the validity or enforceability of any of the
other remaining provisions hereof.

         13. GRT EXCULPATION. This Agreement and all documents, agreements,
understandings and arrangements relating to the matters described herein have
been executed by the undersigned representative of GRT in his/her capacity as an
officer or trustee of GRT which has been formed as a Maryland real estate
investment trust pursuant to the Amended and Restated Declaration of Trust of
GRT, as amended, and not individually, and neither the trustees, officers or
shareholders of GRT shall be bound or have any personal liability hereunder or
thereunder. The Executive shall look solely to the assets of GRT for
satisfaction of any liability of GRT in respect to this Agreement and all
documents, agreements, understandings and arrangements relating to this
transaction and will not seek recourse or commence any action against any of the
trustees, officers or shareholders or GRT or any of their personal assets for
the performance or payment of any obligation hereunder or thereunder. The
foregoing shall also apply to any future documents, agreements, understandings,
arrangements and transactions between the parties hereto.

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         IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the date first above written.

                             GLIMCHER REALTY TRUST

                             By: /s/ Michael P. Glimcher
                                 ----------------------------------------
                                 Michael P. Glimcher, President

                             GLIMCHER PROPERTIES LIMITED PARTNERSHIP

                             BY: GLIMCHER PROPERTIES CORPORATION,
                                 its General Partner

                             By: /s/ Michael P. Glimcher
                                 ----------------------------------------
                                 Michael P. Glimcher, President

EXECUTIVE:

/s/ Melinda A. Janik
--------------------------
Melinda A. Janik

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00054-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00054-of-00352.parquet"}]]