Document:

First Amended Employment Agreement dated October 17, 2003 by and between Crown

 Exhibit 10.1 
  
 FIRST AMENDMENT 
  
 THIS AGREEMENT is made by and between John P. Leighton (“Employee”) and Crown Financial Group, Inc., f/k/a M.H. Meyerson & Co., Inc., a New
Jersey corporation having an address at 525 Washington Boulevard, Jersey City, New Jersey 07310 (the “Employer”). 
  
 Employee and the Employer have entered into an amended and restated employment contract dated as of September 2, 2003 (the “Contract”).

  
 In return for the Employer’s agreement to waive its right
to terminate the Employee during the thirty (30) day period following execution of this Amendment by the parties hereto and to assist the Employer in meeting its net capital requirements: 
  
 Employee hereby agrees, in response to the Employer’s demand, to
surrender, forfeit and release all rights with respect to all earned but unpaid cash compensation from Employer previously due and payable as of September 30, 2003. 
  
 Further, Employee hereby agrees that the Employer’s failure to pay the aforementioned compensation shall not constitute
“good reason” under Section 5.e. of the Contract. 
  
 Except as expressly amended herein, the terms and conditions of the Contract shall remain in full force and effect. 
  
 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their respective officers thereto duly authorized effective October
17, 2003. 
  

							
	 EMPLOYER
	  	 EMPLOYEE

				
	 By:
	 	 /s/    Jeffrey M. Hoobler

	  	 By:
	 	 /s/    John P. Leighton

	 Name:
	 	  
 Jeffrey M.
Hoobler

	  	 Name:
	 	 John P. Leighton

	 Title:
	 	  
 EVP & COOSecond Amended Employment Agreement dated December 8, 2003 by and between Crown

 Exhibit 10.2 
  
 SECOND AMENDMENT 
  
 THIS AGREEMENT is made by and between John P. Leighton (“Employee”) and Crown Financial Group, Inc., f/k/a M.H. Meyerson & Co., Inc., a New
Jersey corporation having an address at 525 Washington Boulevard, Jersey City, New Jersey 07310 (the “Employer”). 
  
 Employee and the Employer have entered into an amended and restated employment contract dated September 2, 2003 as amended by the First Amendment dated
October 17, 2003 (as amended, the “Contract”). 
  
 In
return for the Employer’s agreement to waive its right to terminate the Employee during the thirty (30) day period following execution of this Amendment by the parties hereto and to assist the Employer maintaining cost controls: 
  
 Employee hereby agrees, in response to the Employer’s demand, to
surrender, forfeit and release all rights with respect to all compensation from Employer payable for the period from October 1, 2003 through and including December 31, 2003. 
  
 Further, Employee hereby agrees that the Employer’s failure to pay the aforementioned compensation shall not constitute
“good reason” under Section 5.e. of the Contract. 
  
 Except as expressly amended herein, the terms and conditions of the Contract shall remain in full force and effect. 
  
 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their respective officers thereto duly authorized effective December
8, 2003. 
  

							
	 EMPLOYER
	  	 EMPLOYEE

				
	 By:
	 	 /s/    Jeffrey Hoobler

	  	 By:
	 	 /s/    John P. Leighton

	 Name:
	 	 Jeffrey Hoobler

	  	 Name:
	 	 John P. Leighton

	 Title:
	 	 COOThird Amended Employment Agreement dated January 16, 2003 by and between Crown

 Exhibit 10.3 
  
 THIRD AMENDMENT 
  
 THIS THIRD AMENDMENT is made by and between John P. Leighton (“Employee”) and Crown Financial Group, Inc., f/k/a M.H. Meyerson & Co., Inc.,
a New Jersey corporation having an address at 525 Washington Boulevard, Jersey City, New Jersey 07310 (the “Employer”). 
  
 Employee and the Employer have entered into an amended and restated employment contract dated as of September 2, 2003 as amended December 8, 2003 (as
amended, the “Contract”). 
  
 In return for the
Employer’s agreement to waive its right to terminate without cause the Employee during the thirty (30) day period following execution of this Amendment by the parties hereto: 
  
 Employee hereby agrees to reduce his annual compensation commencing January 1, 2004 to four hundred thousand dollars
($400,000). 
  
 Further, Employee hereby agrees that the reduction
in annual compensation shall not constitute “good reason” under Section 5.e. of the Contract. 
  
 Except as expressly amended herein, the terms and conditions of the Contract shall remain in full force and effect. 
  
 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed by their respective officers thereto duly authorized effective January 16, 2004. 
  

							
	 EMPLOYER
	  	 EMPLOYEE

				
	 By:
	 	 /s/    Jeffrey M. Hoobler

	  	 By:
	 	 /s/    John P. Leighton

	 Name:
	 	 Jeffrey M. Hoobler
	  	 Name:
	 	 John P. Leighton

	 Title:
	 	 EVP & Chief Operating Officer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00061-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00061-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00061-of-00352.parquet"}]]