COMMON STOCK REPURCHASE AGREEMENT
This Common Stock Repurchase Agreement (the "Agreement") is made and entered into as of July 14, 2008,
between Presidential Realty Corporation, a Delaware corporation (the "Company"), and Charles Frischer, a
stockholder of the Company (the "Stockholder").
Whereas the Stockholder desires that the Company repurchase, and the Stockholder desires to tender to the
Company for repurchase, 17,000 shares of the Company's Class A Common Stock and 200,000 shares of the
Company's Class B Common stock, (collectively the "Shares") held by the Stockholder, on the terms and subject
to the conditions set forth below (the "Repurchase").
Now, therefore, in consideration of the premises and the mutual covenants herein contained, the parties agree as
1. Repurchase by the Company. Subject to the terms and conditions of this Agreement, on the Repurchase Date
(as defined in Section 2 below), the Stockholder shall sell to the Company and the Company shall repurchase
from the Stockholder the Shares for a purchase price of $5.50 per Share, for a total repurchase price of
$1,193,500 (the "Repurchase Price"), payable in cash on the Repurchase Date.
2. Repurchase Date. The closing of the repurchase shall take place at the offices of the Company on the date of
this Agreement or such other date and place as shall be determined by the Company and the Stockholder. The
date on which the Repurchase occurs is the "Repurchase Date." At the closing on the Repurchase Date, the
Stockholder shall deliver or cause to be delivered to the Company stock certificates for the Shares with executed
stock transfer power(s) therefor against wire transfer by the Company of the Repurchase Price to the account of
the Stockholder identified on the signature page hereto.
3. Representations and Warranties of the Stockholder. The Stockholder represents and warrants to the
Company as follows:
(a) Knowledge and Advice. The Stockholder is an accredited investor as that term is defined in