Exhibit 10.15
EMPLOYMENT AND NONCOMPETITION AGREEMENT
This EMPLOYMENT AND NONCOMPETITION AGREEMENT (“Agreement”) is made as of the
1st day of January, 2004 between Andrew Mathias (“Executive”) and SL Green Realty Corp., a Maryland
corporation with its principal place of business at 420 Lexington Avenue, New York, New York 10170 (the
“Employer”), and replaces that certain Restricted Stock and Award agreement between Executive and the
Employer dated as of March 25, 2002.
1. Term . The term of this Agreement shall commence on January 1, 2004 and shall continue for a
period of four years from the commencement date, unless earlier terminated as provided in Section 6 below, shall
terminate on the fourth anniversary of the date of this Agreement (the “Current Term”); provided, however, that
Sections 4 and 8 (and any enforcement or other procedural provisions hereof affecting Sections 4 and 8) hereof
shall survive the termination of this Agreement as provided therein. The Current Term may be extended for such
period or periods, if any, as may be mutually agreed to in writing by Executive and the Employer (each a
“Renewal Term”). If either party intends not to extend the Current Term, such party will give the other party at
least six months’ written notice of such intention. If either party gives such notice with less than six months
remaining in the Current Term, the term of this Agreement shall be extended until the date which is six months
after the date on which the notice is given. The period of Executive’s employment hereunder consisting of the
Current Term and all Renewal Terms (and any period of extension under the foregoing sentence), if any, is herein
referred to as the “Employment Period.”
2. Employment and Duties .
(a) Duties . During the Employment Period, Executive shall be employed in the business of
the Employer and its affiliates. Executive s