Document:

Amendment No. 18 To Employment Contract

    Exhibit
      10.3.18

    

    AMENDMENT
      NO. 18 TO EMPLOYMENT CONTRACT

    

    AGREED,
      as of the 1st day of June 2006, between the Federal Agricultural Mortgage
      Corporation (FAMC) and Nancy E. Corsiglia (you) that the existing employment
      contract between the parties hereto, dated May 11, 1989, as amended through
      Amendment No.17, dated as of June 16, 2005 (collectively, the Agreement), be
      and
      hereby is amended as follows:

    

    Sections
      1, 3 (a), 8 (a) (iii), and 10 of the Agreement are replaced in their entirety
      with the following new sections: 

    

    1. Term.
      The
      Term of this Agreement shall continue until July 1, 2010 or any earlier
      effective date of termination pursuant to Paragraph 8 hereof (the
“Term”).

    

    3
      (a). Base
      Salary. As of July 1, 2006, you will be paid a base salary (the Base Salary)
      during the Term of Three Hundred Forty-Five Thousand Two Hundred Ninety Dollars
      ($345,290) per year, payable in arrears on a bi-weekly basis.

    

    8
      (a)
      (iii). Farmer
      Mac may terminate your employment without “cause” at any time. Such termination
      shall become effective on the earlier of July 1, 2010, or two years from the
      date of notice of such termination. 

    

    10. Notices.
      Any notice given under this Agreement will be sufficient if in writing and
      either: (a) mailed postage prepaid by registered or certified mail, return
      receipt requested; or (b) delivered by hand to, in the case of Farmer Mac,
      1133
      Twenty-First Street, N.W., Washington, D.C. 20036, attention President or,
      in
      the case of the Employee, 2737 Devonshire Place, N.W., Washington, DC 20008
      (or
      to such other addresses as may be from time to time designated by notice from
      the recipient party to the other). Any such notice will be effective upon actual
      receipt or refusal thereof.

    

    As
      amended hereby, the Agreement remains in full force and effect.

    

     

            Federal
      Agricultural
      Mortgage Corporation       Employee

    

    

            By:   /s/
      Henry D. Edelman      /s/
      Nancy E. Corsiglia  

        PresidentAmendment No. 9 To Employment Contract

    Exhibit
      10.4.9

    

    AMENDMENT
      NO. 9 TO EMPLOYMENT CONTRACT

    

    AGREED,
      as of the 1st day of June 2006, between the Federal Agricultural Mortgage
      Corporation (FAMC) and Tom D. Stenson (you), that the existing employment
      contract between the parties hereto, dated as of September 1, 1997, as amended
      through Amendment No. 8 to Employment Contract dated as of June 16, 2005
      (collectively, the Agreement), be and hereby is amended as follows:

    

    Sections
      1, 3 (a), 7 (a) (3), and 11 of the Agreement are replaced in their entirety
      with
      the following new sections: 

    

    1.  Term.
      The
      Term of this Agreement shall continue until July 1, 2010 or any earlier
      effective date of termination pursuant to Paragraph 7 hereof (the
“Term”).

    

    3
      (a). Base
      Salary. As of July 1, 2006, you will be paid a base salary (the Base Salary)
      during the Term of Two Hundred Eighty-Two Thousand Six Hundred Ninety-One
      Dollars ($282,691) per year, payable in arrears on a bi-weekly
      basis.

    

    7
      (a)
      (3). Farmer
      Mac may terminate your employment without “cause” at any time. Such termination
      shall become effective on the earlier of July 1, 2010, or two years from the
      date of notice of such termination.

    

    11. Notices.
      Any notice given under this Agreement will be sufficient if in writing and
      either: (a) mailed postage prepaid by registered or certified mail, return
      receipt requested; or (b) delivered by hand to, in the case of Farmer Mac,
      1133
      Twenty-First Street, N.W., Washington, D.C. 20036, attention President or,
      in
      the case of the Employee, 13906 Warm Springs Court, Clifton, VA 20124 (or to
      such other addresses as may be from time to time designated by notice from
      the
      recipient party to the other). Any such notice will be effective upon actual
      receipt or refusal thereof.

    

    As
      amended hereby, the Agreement remains in full force and effect.

    

    

        Federal
      Agricultural Mortgage Corporation       Employee

    

    

        By:  /s/
      Henry D. Edelman      /s/
      Tom D. Stenson 

     
      PresidentAmendment No. 6 To Employment Contract

    Exhibit
      10.5.6

    

    AMENDMENT
      NO. 6 TO EMPLOYMENT CONTRACT

    

    AGREED,
      as of the 1st day of June 2006, between the Federal Agricultural Mortgage
      Corporation (FAMC) and Jerome G. Oslick (the employee), that the existing
      employment contract between the parties hereto, dated as of February 1, 2000,
      as
      amended through June 16, 2005 (collectively, the Agreement), be and hereby
      is
      amended as follows:

    

    Section
      3
      (a) of the Agreement is replaced in its entirety with the following new section:
      

    

    3
      (a). Base
      Salary. As of July 1, 2006, you will be paid a base salary (the Base Salary)
      during the Term of Two Hundred Sixty-One Thousand Three Hundred Five Dollars
      ($261,305) per year, payable in arrears on a bi-weekly basis.

    

    As
      amended hereby, the Agreement remains in full force and effect.

    

    

        Federal
      Agricultural Mortgage Corporation       Employee

    

    

        By:  /s/
      Henry D. Edelman      /s/
      Jerome G. Oslick 

       
      PresidentAmendment No. 3 To Employment Contract

    Exhibit
      10.6.3

    

    AMENDMENT
      NO. 3 TO EMPLOYMENT CONTRACT

    

    AGREED,
      as of the 1st day of June 2006, between the Federal Agricultural Mortgage
      Corporation (FAMC) and Timothy L. Buzby (you), that the existing employment
      contract between the parties hereto, dated as of June 5, 2003, as amended
      through Amendment No 2. dated as of June 16, 2005 (the Agreement), be and hereby
      is amended as follows:

    

    Sections
      1, 3 (a), 7 (a) (3) and 11 of the Agreement are replaced in their entirety
      with
      the following new sections: 

    

    1.  Term.
      The
      Term of this Agreement shall continue until July 1, 2010 or any earlier
      effective date of termination pursuant to Paragraph 7 hereof (the
“Term”).

    

    3
      (a). Base
      Salary. As of July 1, 2006, you will be paid a base salary (the Base Salary)
      during the Term of Two Hundred Thirty-Seven Thousand Eight Hundred and
      Eighty-Eight Dollars ($237,888) per year, payable in arrears on a bi-weekly
      basis.

    

    7
      (a)
      (3). Farmer
      Mac may terminate your employment without “cause” at any time. Such termination
      shall become effective on the earlier of July 1, 2010, or two years from the
      date of notice of such termination.

    

    11. Notices.
      Any notice given under this Agreement will be sufficient if in writing and
      either: (a) mailed postage prepaid by registered or certified mail, return
      receipt requested; or (b) delivered by hand to, in the case of Farmer Mac,
      1133
      Twenty-First Street, N.W., Washington, D.C. 20006, attention President or,
      in
      the case of the Employee, 2707 Davis Avenue, Alexandria, VA 22302 (or to such
      other addresses as may be from time to time designated by notice from the
      recipient party to the other). Any such notice will be effective upon actual
      receipt or refusal thereof.

    

    As
      amended hereby, the Agreement remains in full force and effect.

    

        Federal
      Agricultural Mortgage Corporation       Employee

    

    

        By:  /s/
      Henry D. Edelman      /s/
      Timothy L. Buzby 

      
      PresidentAmendment No. 1 To Employment Contract

    Exhibit
      10.18.1

    

    AMENDMENT
      NO. 1 TO EMPLOYMENT CONTRACT

    

    AGREED,
      as of the 1st day of June 2006, between the Federal Agricultural Mortgage
      Corporation (FAMC) and Mary K. Waters (you), that the existing employment
      contract between the parties hereto, dated as of June 20, 2005 (the Agreement),
      be and hereby is amended as follows:

    

    Sections
      1, 3 (a), 7 (a) (3), and 11 of the Agreement are replaced in their entirety
      with
      the following new sections: 

    

    1.  Term.
      The
      Term of this Agreement shall continue until July 1, 2008 or any earlier
      effective date of termination pursuant to Paragraph 7 hereof (the
“Term”).

    

    3
      (a). Base
      Salary. As of July 1, 2006, you will be paid a base salary (the Base Salary)
      during the Term of One Hundred Forty-Three Thousand Dollars ($143,000) per
      year,
      payable in arrears on a bi-weekly basis.

    

    7
      (a)
      (3). Farmer
      Mac may terminate your employment without “cause” at any time. Such termination
      shall become effective on the earlier of July 1, 2008, or one year from the
      date
      of notice of such termination.

    

    11. Notices.
      Any notice given under this Agreement will be sufficient if in writing and
      either: (a) mailed postage prepaid by registered or certified mail, return
      receipt requested; or (b) delivered by hand to, in the case of Farmer Mac,
      1133
      Twenty-First Street, N.W., Washington, D.C. 20036, attention President or,
      in
      the case of the Employee, 2207 North Harrison Street, Arlington, VA 22205 (or
      to
      such other addresses as may be from time to time designated by notice from
      the
      recipient party to the other). Any such notice will be effective upon actual
      receipt or refusal thereof.

    

    As
      amended hereby, the Agreement remains in full force and effect.

    

    

        Federal
      Agricultural Mortgage Corporation       Employee

    

    

        By:  /s/
      Henry D. Edelman      /s/
      Mary K. Waters  

      
      President

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