0001104659-05-010988 Sample Contracts

December 28, 2004 Mr. Bruce W. Calvert Alliance Capital Management Corporation New York, NY 10105 Dear Bruce:
Employment Agreement • March 15th, 2005 • Alliance Capital Management Holding Lp • Investment advice • New York

This letter sets forth the terms of your agreement with Alliance Capital Management Corporation (the “Company”) and Alliance Capital Management L.P. (the “Partnership”).

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AWARD AGREEMENT UNDER THE AMENDED AND RESTATED ALLIANCE PARTNERS COMPENSATION PLAN
Award Agreement • March 15th, 2005 • Alliance Capital Management Holding Lp • Investment advice • New York

You have been granted an award under the Amended and Restated Alliance Partners Compensation Plan (the “Plan”), as specified below:

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