Document:

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                                                                   Exhibit 10.66

                              GALEY & LORD, INC.

                             Employment Agreement

     This Agreement between GALEY & LORD, INC., a Delaware Corporation (the
"Corporation"), and CHARLES A. BLALOCK (the "Executive") shall be effective as
of October 1, 2000.

     The Corporation and the Executive agree to the following:

     1.   The Corporation agrees to employ the Executive in an executive
position, subject to the discretion of the Board of Directors of the Corporation
(the "Board"), under the terms set forth below.

     2.   (a) The term of this Agreement begins October 1, 2000 and continues
for two years, unless earlier terminated under the provisions of Paragraph 10 of
this Agreement or by Notice by the Executive or the Corporation.

          (b) On October 1, 2001 and each succeeding October 1, the term shall
automatically be extended for an additional one-year period, such that the total
term remains two years at all times, unless, no later than 30 days prior to such
anniversary, either party shall give written Notice to the other that the term
shall not be extended further.

     3.   Executive agrees to serve the Corporation faithfully, and to the best
of his ability, under the direction of the Board, devoting his entire time,
energy and skill during regular business hours performing the duties assigned by
the Board.

     4.   The Corporation agrees to pay the Executive a salary for his services
at the annual rate (the "Annual Rate") of Two Hundred Fifty Thousand Dollars
($250,000) per annum,
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payable in equal monthly installments in accordance with the general practice of
the Corporation for salaried employees. The Annual Rate may be, but is not
guaranteed to be, increased during the term of this Agreement.

     5.   Executive will participate in the Incentive Plan (the "IP"). The
Corporation may from time to time pay additional incentive compensation, under
the IP, when and if authorized by the Board or the appropriate committee of the
Board. Payments under the program are not guaranteed.

     6.   The Corporation may provide deferred compensation through its unfunded
Deferred Compensation Plan (the "DCP"). Executive will participate in the DCP
according to its terms.

     7.   The Corporation has established a Supplemental Executive Retirement
Plan (the "SERP") to provide retirement benefits in addition to the benefits
payable under the Corporation's Retirement Plan. Executive will participate in
the SERP subject to its terms.

     8.   The Corporation may from time to time grant stock options under its
Stock Option Plan then in effect (the "SOP"). Executive will participate in the
SOP, at the discretion of the Board, subject to its terms.

     9.   Executive acknowledges that this Agreement does not constitute a
guarantee of employment during the specified term.

     10.  The Corporation may in its sole discretion at any time terminate
Executive's employment under this Agreement, whether for Cause (as defined in
clause (b) of paragraph 14) or without Cause.

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          (a)  In the event that the Executive is involuntary terminated
without Cause, or the Executive terminates employment for Good Reason (as
defined in clause (d) of paragraph 14), Executive shall receive, as soon as
practicable following such termination:

               (i)   salary accrued through the date of termination at the
               Annual Rate;

               (ii)  the balance held in his deferred compensation account in
               the DCP at the date of termination;

               (iii) the accrued value of Executive's SERP assuming employment
               through the end of this Agreement, as illustrated in the Exhibit;
                                                                        -------
               and

               (iv)  the greater of (A) the benefit provided by the
               Corporation's Severance Policy or (B) salary continuation at the
               Annual Rate and continuation of Bonus Equivalents for the time
               remaining in this Agreement.

          (b)  In the event that the Executive is involuntary terminated without
Cause, or the Executive terminates employment for Good Reason, all unvested
stock options held by Executive will immediately vest, and shall be exercisable
in accordance with the provisions in the SOP and Executive's stock option
agreements executed pursuant thereto.

          (c)  In the event that the Executive is involuntary terminated without
Cause, or the Executive terminates employment for Good Reason, the Executive
shall continue for the remainder of the term of this Agreement to participate
in, or the Corporation shall fund substantially equivalent subsidized benefits,
under the welfare and benefits plan of the Corporation. Executive's rights under
this clause (c) shall cease when Executive commences

                                       3
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employment and obtains coverage under other plans on a substantially similar
basis to those of the Corporation.

          (d)  If terminated for Cause, Executive is entitled to his salary
accrued through the date of termination at the Annual Rate.

     11.  In consideration of this Agreement, Executive agrees to the following
for the period covered by this Agreement:

          (a)  Executive agrees that he will not directly or indirectly render
services to, or become employed by, or consult with, or engage in any business
materially competitive with any of the businesses of the Corporation and its
subsidiary companies (Executive hereby acknowledges that Executive has had
access to, in his executive capacity, material information about all of the
Corporation's businesses) without first obtaining the written consent of the
Corporation;

          (b)  Executive agrees that he will not directly or indirectly solicit
any active employees of the Corporation or its subsidiary companies;

          (c)  Executive agrees that both during and after his employment
hereunder, he will abide by the Corporation's Confidentiality Agreement; and

          (d)  Executive agrees that both during and after his employment
hereunder, he will in no way disparage the Corporation or its subsidiary
companies or employees;

     12.  All reasonable legal fees paid or incurred by Executive pursuant to
any dispute or questions of interpretation relating to this Agreement shall be
paid or reimbursed by the Corporation if the Executive prevails in such dispute
in whole or in part.

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     13.  This Agreement shall be binding upon, and shall inure to, the benefit
of the Corporation and its successors and assigns. The Corporation shall require
any successor (whether direct or indirect, by purchase, merger, consolidation,
or otherwise) to all or substantially all of the business and/or assets of the
Corporation, by agreement to assume expressly and agree to perform this
Agreement in the same manner and to the same extent that the Corporation would
be required to perform it if no such succession had taken place. For purposes of
this Agreement, "Corporation" shall mean the Corporation as hereinbefore defined
and any successor to its business and/or assets as aforesaid.

     14.  The following capitalized terms used in this Agreement shall have the
meanings set forth below:

          (a)  "Bonus Equivalent" means the highest annual bonus paid under the
Corporation's Annual Incentive Plan over the three-year period directly
preceding termination.

          (b)  A termination for "Cause" means a termination of employment with
the Corporation or any of its subsidiary companies, which as determined by the
Corporation, is by reason of (i) the commission by the Executive of a felony or
a perpetration by the Executive of a dishonest act, material misrepresentation
or common law fraud against the Corporation or any subsidiary, joint venture or
other affiliate thereof, (ii) any other act or omission which is injurious to
the financial condition or business reputation of the Corporation or any
subsidiary, joint venture or other affiliate thereof, or (iii) the willful
failure or refusal of the Executive to substantially perform the material duties
of the Executive's position with the Corporation or any of the Corporation's
subsidiaries, joint venture or other affiliates.

          (c)  "Confidentiality Agreement" is the Corporation's official policy
signed by Executive and on file in the Corporation's office.

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          (d)  "Good Reason" means (i) a failure to promptly pay compensation
due and payable to the Executive in connection with his employment, (ii) a
reduction in Executive's level of compensation, including participation in
benefit and incentive plans, (other than changes to incentive or benefit plans
affecting all executives) of the Corporation in a similar manner, (iii) unless
agreed to by the Executive, the assignment to the Executive of duties
inconsistent with the Executive's position as such duties were immediately prior
to such assignment which results in a diminution of such position, authority,
duties or responsibilities, (iv) unless agreed to by the Executive the
assignment of the Executive to an office location that would require the
Executive to relocate, or (v) a change in the employment requirements of the
Executive which, in the view of the Board, subjects the Executive to unfair
circumstances.

          (e)  "Notice" means notification, by one party of this Agreement to
the other, to voluntarily terminate this Agreement. For the purposes of this
Agreement, Notices and all other communication provided for herein shall be in
writing and shall be deemed to have been duly given (i) on the date of delivery,
if delivered by hand, (ii) on the date of transmission, if delivered by
facsimile, (iii) on the first business day following the date of deposit if
delivered by guaranteed overnight delivery service, or (iv) on the third
business day following the date delivered or mailed by United States registered
or certified mail, return receipt requested, postage prepaid, addressed as
follows:

     If to the Corporation:

     Galey & Lord, Inc.
     980 Avenue of the Americas
     New York, NY 10018-5443
     Attention: Chairman and Chief Executive Officer

     If to Executive:

     Charles A. Blalock
     5505 Mecklenburg Road
     Greensboro, NC 27409

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     or to such other address as either party may have furnished to the other in
writing according herewith, except that notices of change of address shall be
effective only upon receipt.

          (f)  "Severance Policy" means the policy providing for severance
payments to salaried employees set forth in the Corporation's Policy Manual as
in effect on the date of the Executive's termination of employment.

     15.  The covenants, agreements, representations, and warranties contained
in or made pursuant to this Agreement shall survive Executive's termination of
employment.

     16.  This Agreement sets forth the entire understanding of the parties with
respect to the subject matter hereof, supersedes all existing agreements between
them concerning such subject matter, and may be modified only by a written
instrument duly executed by each party.

     17.  Any waiver by either party of a breach of any provision of this
Agreement shall not operate as or be construed to be a waiver of any other
breach of such provision or of any breach of any other provision of this
Agreement. The failure of a party to insist upon strict adherence to any term of
this Agreement on one or more occasions shall not be considered a waiver or
deprive that party of the right thereafter to insist upon strict adherence to
that term or any other term of this Agreement. Any waiver must be in writing.

     18.  Employee's rights and obligations under this Agreement shall not be
transferable by assignment or otherwise, such rights shall not be subject to
commutation, encumbrance, or the claims of Employee's creditors, and any attempt
to do any of the foregoing shall be void. The provisions of this Agreement shall
be binding upon and inure to the benefit of Executive and his heirs and personal
representatives.

     19.  This Agreement does not create, and shall not be construed as
creating, any rights

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enforceable by any person not a party to this Agreement (except as provided in
paragraphs 13 and 18).

     20.  The headings of this Agreement are solely for the convenience of
reference and shall be given no effect in the construction or interpretation of
this Agreement.

     21.  This Agreement may be executed in any number of counterparts, each of
which shall be deemed an original, but all of which together shall constitute
one and the same instrument. This Agreement shall be governed by and construed
in accordance with the laws of the State of New York, without giving effect to
conflicts of law principles thereof.

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

                              GALEY & LORD, INC.

                              By:     /s/ Arthur C. Wiener
                                  ----------------------------------------------
                                      Name: Arthur C. Wiener
                                      Title: Chairman of the Board, President
                                             and Chief Executive Officer

                                      /s/ Charles A. Blalock
                              --------------------------------------------------
                                          Charles A. Blalock

                                       8EXHIBIT 10.1

                                  CRIT-VA, INC.

                            ARTICLES OF INCORPORATION

                                    ARTICLE I
                                      NAME

         1. Name. The name of the Corporation is CRIT-VA, Inc.

                                   ARTICLE II
                                     PURPOSE

         2. Purpose.  Notwithstanding any provision hereof to the contrary,  the
following shall govern: The business, operations and purposes of the Corporation
are limited solely to the following:

            (a) To  acquire  from  Cornerstone  Realty  Income  Trust,  Inc.,  a
Virginia corporation,  those certain parcels of real property listed on Schedule
A hereto,  together with all  improvements  located thereon  (collectively,  the
"Properties");

            (b) To own, hold, sell, assign, transfer,  operate, lease, mortgage,
pledge and otherwise deal with the Properties; and

            (c) To exercise all powers that are enumerated in the Virginia Stock
Corporation  Act  and  that  are  necessary  or  convenient  for  the  business,
operations or purposes of the Corporation as set forth herein.

                                   ARTICLE III
                                  PROHIBITIONS

         3. Certain Prohibited Activities.  Notwithstanding any provision hereof
to the contrary, the following shall govern:

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            (a) The  indebtedness  of the  Corporation  shall  consist only of a
first lien  mortgage on the  Properties  arising  from  financing by First Union
National  Bank (the  "Mortgage"),  any other  indebtedness  permitted  under the
Mortgage,  and normal trade accounts payable in the ordinary course of business.
For so long as any obligation  secured by the Mortgage  remains  outstanding and
not paid in full,  the  Corporation  shall not incur,  assume,  or guaranty  any
indebtedness not permitted hereunder.

            (b) The Corporation  shall not consolidate or merge with or into any
other entity,  or convey or transfer its properties and assets  substantially as
an entirety to any entity, unless:

                (i) the  entity  that is formed  upon such  consolidation,  that
survives  such  merger  (if other than the  Corporation),  or that  acquires  by
conveyance   or  transfer  the   properties   and  assets  of  the   Corporation
substantially  as an entirety,  shall:  (A) be organized and existing  under the
laws of the United  States of America or any State or the  District of Columbia,
(B) include in its  organizational  documents the same  limitations set forth in
this Article III and in Article VII (Separateness Covenants),  and (C) expressly
assume the due and timely performance of the Corporation's obligations; and

                (ii)  immediately  after giving effect to such  transaction,  no
default or event of default will have occurred  under any agreement to which the
Corporation is a party.

            (c) For so long as any  obligation  secured by the Mortgage  remains
outstanding and not paid in full, the Corporation shall not voluntarily commence
a case with respect to itself, as debtor,  under the Federal  Bankruptcy Code or
any similar federal or state statute without the unanimous  consent of the Board
of  Directors.  For so long as any  obligation  secured by the Mortgage  remains
outstanding  and not paid in full,  no material  amendment to these  Articles of
Incorporation  or to the  Corporation's  Bylaws  may be made  without  the prior
approval of the mortgagee holding the Mortgage.

                                      -2-
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                                   ARTICLE IV
                                AUTHORIZED SHARES

         4.1.  Number and  Designation.  The number of shares the Corporation is
authorized to issue is set forth below,  together with the  designation  thereof
and the par value per share:

         Number of Shares  Class Designation    Par Value Per Share
         ----------------  -----------------    -------------------

         5,000             Common               no par value

         4.2 Preemptive  Rights. No holder of outstanding  shares shall have any
preemptive  right  with  respect  to:  (a)  any  shares  of  any  class  of  the
Corporation,  whether now or hereafter authorized;  (b) any warrants,  rights or
options to purchase any such shares; or (c) any obligations convertible into any
such shares or into warrants, rights or options to purchase any such shares.

         4.3 Voting and  Distributions.  The holders of the Common  Shares shall
have unlimited  voting rights and shall be entitled to receive the net assets of
the Corporation upon the liquidation of the Corporation,  its dissolution or the
winding up of its affairs.

                                    ARTICLE V
                       INITIAL REGISTERED OFFICE AND AGENT

         5.1 Initial  Registered  Office.  The initial  registered office of the
Corporation  is  located in the City of  Richmond,  Virginia,  at the  following
address:

                               McGuireWoods LLP
                               One James Center
                               901 East Cary Street
                               Richmond, Virginia  23219

         5.2  Initial  Registered  Agent.  The initial  registered  agent of the
Corporation is Martin B. Richards,  Esquire,  whose business office is identical
with the  initial  registered  office and who is a resident  of  Virginia  and a
member of the Virginia State Bar.

                                      -3-
<PAGE>

                                   ARTICLE VI
                     LIMIT ON LIABILITY AND INDEMNIFICATION

         6.1 Limit on Liability.  To the maximum  extent that the Virginia Stock
Corporation  Act, as it exists on the date hereof or may  hereafter  be amended,
permits  elimination  of, or  limitations  upon,  the liability of a director or
officer of a corporation,  the directors and officers of the  Corporation  shall
have, as applicable, no liability or limited liability to the Corporation or its
shareholders.

         6.2 Indemnification, Advancement of Expenses and Related Matters.

             (a)   The   Corporation,   in   accordance   with   the   mandatory
indemnification   provisions  of  the  Virginia  Stock  Corporation  Act,  shall
indemnify a director who entirely  prevails in the defense of any  proceeding to
which he was a party because he is or was a director of the Corporation  against
reasonable  expenses  incurred  by him in  connection  with the  proceeding.  An
officer of the Corporation  shall be entitled to such mandatory  indemnification
to the same extent as a director.

             (b) In addition to any mandatory  indemnification,  the Corporation
shall  provide the maximum  indemnification  permitted  by law to any  director,
officer,  employee or agent of the Corporation in connection with any proceeding
(including any proceeding by or in the right of the Corporation) that is brought
against such person and that is based on the actions  taken or not taken by such
person on  behalf  of the  Corporation,  or on the  status  of such  person as a
director,  officer,  employee or agent of the Corporation,  except to the extent
that such  person  has  engaged  in (i)  willful  misconduct,  or (ii) a knowing
violation of the criminal law.

             (c) The  provisions of this Article shall not be deemed to prevent,
deny or limit (i) the  indemnification  or insurance  permitted under applicable
law to the directors,  officers, employees or agents of the Corporation, or (ii)
the authority of the Corporation  under applicable law to advance,  reimburse or
pay expenses for the benefit of any director, officer, employee or agent.

                                      -4-
<PAGE>

             (d) The  determination  of whether the  Corporation  is required or
permitted, in a particular case, to indemnify a director,  officer,  employee or
agent (or to provide such person with related advances,  reimbursements or other
payments of expenses) shall be conducted in accordance with Section  13.1-701 of
the Virginia Stock Corporation Act, or any successor provision.

         6.3 Mandatory  Subordination.  Notwithstanding  any provision hereof to
the contrary,  the following shall govern:  Any  indemnification  shall be fully
subordinated  to any  obligations of the Corporation in regard to the Properties
and shall not constitute a claim against the  Corporation in the event that cash
flow is insufficient to pay such obligations.

         6.4  Amendments.  No amendment,  modification or repeal of this Article
shall diminish the rights provided  hereunder to any person arising from conduct
or events  occurring  before the  adoption of such  amendment,  modification  or
repeal.

                                   ARTICLE VII
                             SEPARATENESS COVENANTS

         7.1 Separateness Covenants. Notwithstanding any provision hereof to the
contrary,  the following shall govern:  For so long as any obligation secured by
the Mortgage remains  outstanding and not paid in full, in order to preserve and
ensure the Corporation's  separate and distinct corporate identity,  in addition
to the  other  provisions  set forth in these  Articles  of  Incorporation,  the
Corporation   shall  conduct  its  affairs  in  accordance  with  the  following
provisions:

             (a) It shall  establish  and maintain an office  through  which its
business shall be conducted  separate and apart from those of its parent and any
affiliate and it shall  allocate  fairly and  reasonably any overhead for shared
office space.

             (b) It shall  maintain  separate  corporate  records  and  books of
account from those of its parent and any affiliate.

                                      -5-
<PAGE>

             (c) Its Board of Directors shall hold appropriate  meetings, or act
by unanimous consent,  to authorize all appropriate  corporate actions and shall
observe all corporate formalities in authorizing such actions.

             (d) It shall not  commingle  assets with those of its parent or any
affiliate.

             (e) It shall conduct its own business in its own name.

             (f) It shall maintain financial statements separate from its parent
and any affiliate.

             (g) It shall pay any  liabilities  out of its own funds,  including
salaries of any employees, rather than funds of its parent or any affiliate.

             (h) It shall maintain an arm's length  relationship with its parent
and any affiliate.

             (i) It shall not guarantee or become obligated for the debts of any
other  person  or  entity  (including,  without  limitation,  its  parent or any
affiliate)  and shall not hold out its credit as being  available to satisfy the
obligations of others.

             (j) It shall use stationery,  invoices and checks separate from its
parent and any affiliate.

             (k) It shall not pledge  its  assets  for the  benefit of any other
person or entity (including, without limitation, its parent or any affiliate).

             (l) It shall hold itself out as an entity  separate from its parent
and any affiliate.

                                      -6-
<PAGE>

             (m) It shall not make any  loans or  advances  to any  third  party
(including, without limitation, any affiliate).

             (n) It shall comply with its  obligations  under the agreements and
instruments evidencing the Mortgage.

         7.2  Definitions.  For purpose of this Article VII, the following terms
shall have the indicated meanings:

              (a)  "affiliate"  means,  with  respect to a  specified  person or
entity:

                   (i) any  person  or entity  directly  or  indirectly  owning,
controlling  or holding,  with power to vote,  ten percent  (10%) or more of the
outstanding voting securities or interests of the specified entity;

                   (ii) any person or entity ten percent  (10%) or more of whose
outstanding  voting securities are directly or indirectly  owned,  controlled or
held, with power to vote, by the specified person or entity;

                   (iii)   any   person  or  entity   directly   or   indirectly
controlling,  controlled by or under common control with the specified person or
entity;

                   (iv) any officer, director or partner of the specified person
or entity;

                   (v) if the specified person or entity is an officer, director
or partner,  any company  for which the  specified  person or entity acts in any
such capacity; and

                   (vi) any close relative or spouse of the specified person.

                                      -7-
<PAGE>

              (b) "control" means the possession, directly or indirectly, of the
power to direct or cause the  direction  of the  management  and  policies  of a
person or entity, whether through ownership of voting securities, by contract or
otherwise.

              (c)  "parent"  means,  with  respect to a  corporation,  any other
corporation owning or controlling,  directly or indirectly,  fifty percent (50%)
or more of the voting shares of such corporation.

              (d)  "person  or entity"  includes  any  individual,  corporation,
partnership,  limited liability company, joint venture, association, joint stock
company, trust (including any beneficiary thereof), unincorporated organization,
government or any agency or political subdivision thereof.

Dated:   November 29, 2000

                                         By:  /s/ William D. James
                                              -------------------------------
                                                  William D. James, Incorporator

                                      -8-
<PAGE>

                                   SCHEDULE A
                     (LIST OF PROPERTIES FOR CRIT-VA, INC.)

The Properties consist of those real properties,  together with all improvements
thereon,  that are located at the following  addresses  (and that are more fully
described in agreements and instruments evidencing the Mortgage):

Arbor Trace Apartments
624 Suhtai Court
Virginia Beach, VA  23451

Ashley Park Apartments
6901 Marlowe Road
Richmond, VA  23225

The Gables Apartments
4008 Gaelic Lane
Glen Allen, VA  23060

The Mayflower Apartments
205-34th Street
Virginia Beach, VA  23451

Trolley Square Apartments
104 West Franklin Street
Richmond, VA  23220

Trophy Chase Apartments
2407 Peyton Drive
Charlottesville, VA  22901

                                      -9-

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