Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - DORAL FINANCIAL CORP | g27895e10vq.htm |
| EX-12.2 - EX-12.2 - DORAL FINANCIAL CORP | g27895exv12w2.htm |
| EX-31.1 - EX-31.1 - DORAL FINANCIAL CORP | g27895exv31w1.htm |
| EX-32.1 - EX-32.1 - DORAL FINANCIAL CORP | g27895exv32w1.htm |
| EX-12.1 - EX-12.1 - DORAL FINANCIAL CORP | g27895exv12w1.htm |
| EX-32.2 - EX-32.2 - DORAL FINANCIAL CORP | g27895exv32w2.htm |
| EX-31.2 - EX-31.2 - DORAL FINANCIAL CORP | g27895exv31w2.htm |
EXHIBIT 10.22
AMENDMENT TO
EMPLOYMENT AGREEMENT
EMPLOYMENT AGREEMENT
THIS AMENDMENT (this “Amendment”) is entered into between Doral Financial Corporation,
a Puerto Rico corporation (the “Company”), and Robert E. Wahlman (the “Executive”)
under the following circumstances.
WHEREAS, the Company and the Executive entered into an Employment Agreement on March 16, 2009
(the “Employment Agreement”); and
WHEREAS, the Company and the Executive have agreed to amend certain terms of the Employment
Agreement by entering into this Amendment;
NOW THEREFORE, the Executive agrees with the Company, in consideration for good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged and accepted, to amend
the Employment Agreement as follows, effective as of the date this Amendment is executed as written
below:
1. The Executive’s principal work location as set forth in Section 2(b) of the Employment
Agreement is amended to read as follows: The Executive’s principal work location, subject to travel
on Company business, shall be the Company’s headquarters.
2. The Executive’s cost of housing, as set forth in Section 3(d) of the Employment Agreement
is amended to read as follows: Upon the Commencement Date, the Company shall reimburse the
Executive for cost of housing in the amount of $3,000 per month.
3. Except as is provided in this Amendment, the Employment Agreement, as amended, shall remain
unchanged and continue in full force and effect.
4. This Amendment shall be governed by and construed in accordance with its express terms, and
otherwise in accordance with the laws of the Commonwealth of Puerto Rico, without reference to
principles of conflict of laws.
[Signature Page Follows]
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IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of this 10th
day of August, 2011.
| DORAL FINANCIAL CORPORATION | ||||||
| By: Name: |
/s/ Glen R. Wakeman
|
|||||
| Title: | Chief Executive Officer | |||||
| ROBERT WAHLMAN | ||||||
| By: | /s/ Robert Wahlman
|
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