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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000899681-07-000332.txt : 20070503
<SEC-HEADER>0000899681-07-000332.hdr.sgml : 20070503
<ACCEPTANCE-DATETIME>20070503111014
ACCESSION NUMBER:		0000899681-07-000332
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20070501
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20070503
DATE AS OF CHANGE:		20070503

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CEDAR SHOPPING CENTERS INC
		CENTRAL INDEX KEY:			0000761648
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				421241468
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31817
		FILM NUMBER:		07813645

	BUSINESS ADDRESS:	
		STREET 1:		44 SOUTH BAYLES AVENUE
		CITY:			PORT WASHINGTON
		STATE:			NY
		ZIP:			11050
		BUSINESS PHONE:		5167676492

	MAIL ADDRESS:	
		STREET 1:		44 SOUTH BAYLES AVENUE
		CITY:			PORT WASHINGTON
		STATE:			NY
		ZIP:			11050

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CEDAR INCOME FUND LTD /MD/
		DATE OF NAME CHANGE:	20001128

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNI INVEST USA LTD
		DATE OF NAME CHANGE:	20000407

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CEDAR INCOME FUND LTD
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>cedar-8k_050307.htm
<TEXT>
<HTML>
<HEAD>
<TITLE>8-K</TITLE>
</HEAD>
<BODY>


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<P ALIGN=CENTER><FONT SIZE=3><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, DC 20549</B> </FONT></P>

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<P ALIGN=CENTER><FONT SIZE=3><B>FORM 8-K </B></FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>Current Report
Pursuant to Section&nbsp;13 or 15(d)<BR>
Of the Securities Exchange Act of 1934 </FONT></H1>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>Date
of Report (Date of earliest event reported):<B> May 1, 2007</B> </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=5><B>CEDAR SHOPPING
CENTERS, INC.</B></FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=3>(Exact Name of Registrant as Specified in its Charter) </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>Maryland</B><BR>
(State or Other Jurisdiction of Incorporation)</FONT></P>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=50% ALIGN=CENTER>
<B>001-31817</B><BR>
(Commission File Number)
</TD>
<TD WIDTH=50% ALIGN=CENTER>
<B>42-1241468</B><BR>
(IRS Employer<BR>
Identification No.)</TD>
</TR>
</TABLE>
<BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>44 South Bayles Avenue<BR>
Port Washington, New York 11050</B><BR>
(Address of Principal Executive Offices) (Zip Code)</FONT></P>

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<P ALIGN=CENTER><FONT SIZE=3><B>(516)&nbsp;767-6492 </B><BR>
(Registrant&#146;s Telephone Number, Including Area Code)</FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1" FSL="Workstation" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>Not Applicable<BR>
(Former Name or Former Address, if Changed Since Last Report)</FONT></P>

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<P><FONT SIZE=3>Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the following
provisions: </FONT></P>

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<P><FONT SIZE=3>|_|&nbsp; Written communications pursuant to Rule&nbsp;425 under the
Securities Act (17 CFR 230.425)<BR>
<BR>
|_|&nbsp; Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR>
<BR>
|_|&nbsp; Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))<BR>
<BR>
|_|&nbsp; Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c)) </FONT></P>

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     <HR ALIGN=LEFT WIDTH=100% SIZE=1 NOSHADE>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=3><U>Item 1.01</U>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Entry into a Material Definitive Agreement.</U> </FONT></H1>

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<P><FONT SIZE=3>Effective October 19, 2005, the employment agreement between Mr. Leo S.
Ullman and Cedar Shopping Centers, Inc. (the &#147;Company&#148;) had been amended to
provide that the term of employment was four years ending October 1, 2007, with the term
of employment automatically extended for one year on each October 1 thereafter unless
either Mr. Ullman or the Company elected not to extend the term of employment. The
intention of the parties at the time of this amendment was that Mr. Ullman&#146;s term of
employment would always be for four years. To reflect the correct intention, on May 1,
2007, the Company and Mr. Ullman entered into an amendment to his employment agreement to
provide that the term of employment would always be four years, unless either Mr. Ullman
or the Company elect not to extend the term of employment. </FONT></P>

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<P><FONT SIZE=3>The foregoing description is a summary and is qualified in its entirety by
reference to Exhibit 10.1 that is filed herewith. </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=3><U>Item 9.01</U>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <U>Financial Statements and Exhibits.</U> </FONT></H1>

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<P ALIGN=LEFT><FONT SIZE=3><U>Exhibits</U></FONT></P>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5% ALIGN=LEFT>10.1*</TD>
<TD WIDTH=5% ALIGN=LEFT></TD>
<TD WIDTH=90%>Amendment to Employment Agreement between Cedar Shopping Centers, Inc. and Leo
S. Ullman, dated as of May 1, 2007</TD>
</TR>
</TABLE>
<BR>

<P><FONT SIZE=3>______________________<BR>
* Management contract required to be filed pursuant to Rule 601 of Regulation S-K.</FONT></P>

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<P ALIGN=CENTER><FONT SIZE=3><B>SIGNATURE </B></FONT></P>

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<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized. </FONT></P>

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<P ALIGN=LEFT><FONT SIZE=3>Dated: May 2, 2007</FONT></P>


<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=50% ALIGN=LEFT></TD>
<TD WIDTH=50%>
CEDAR SHOPPING CENTERS, INC.<BR>
<BR>
<BR>
By: <U>/s/ Leo S. Ullman
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Leo S. Ullman<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chairman of the Board, President and CEO</TD>
</TR>
</TABLE>
<BR>



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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10
<SEQUENCE>2
<FILENAME>cedar-ex101_050307.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
<HTML>
<HEAD>
<TITLE>Exhibit 10.1</TITLE>
</HEAD>
<BODY>

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<P ALIGN=CENTER><FONT SIZE=3><B>AMENDMENT TO EMPLOYMENT AGREEMENT </B></FONT></P>

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<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Amendment to Employment Agreement is hereby entered into as of May 1, 2007 by and among
Cedar Shopping Centers, Inc., a Maryland corporation (the &#147;Corporation&#148;), Cedar
Shopping Centers Partnership, L.P., a Delaware limited partnership (the
&#147;Partnership&#148;) and Leo S. Ullman (the &#147;Executive&#148;). </FONT></P>

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<P ALIGN=CENTER><FONT SIZE=3><B>W I T N E S S E T H: </B></FONT></P>

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<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS,
the Corporation, the Partnership and the Executive entered into that certain Employment
Agreement dated as of November 1, 2003, as previously amended (the &#147;Employment
Agreement&#148;); and </FONT></P>

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<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS,
the Board of Directors of the Corporation (on the Corporation&#146;s own behalf, and as
the sole general partner of the Partnership) approved the modification to certain
provisions of the Employment Agreement; </FONT></P>

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<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NOW
THEREFORE, intending to be legally bound the parties hereto agree as follows: </FONT></P>

<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.
          Section 2.1 of the Employment Agreement is hereby amended to read in its
          entirety as follows:</FONT></P>

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<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;2.1
Unless sooner terminated as provided in this Agreement, the term of employment shall be
four years, commencing October 1, 2003; provided, however, that commencing on October 1,
2004 and on each October 1 thereafter (each an &#147;Extension Date&#148;), the term of
employment shall be automatically extended for an additional one-year period so that the
term of employment will always be for four years, unless the Corporation or the Executive
provides the other party hereto not less than 60 days prior written notice before the next
Extension Date that the term of employment shall not be so extended.&#148; </FONT></P>

     <P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.
          The introduction to Section 4.1 of the Employment Agreement is hereby amended to
          read as follows:</FONT></P>

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<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;4.1
If the Executive&#146;s employment with the Corporation or the Partnership shall be
terminated (a) by the Corporation or Partnership other than for Cause or pursuant to
Sections 3.6 or 3.7 or (b) by the Executive for Good Reason, then the Corporation and
Partnership shall:&quot; </FONT></P>

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<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN
WITNESS WHEREOF, the parties have executed this Amendment to Employment Agreement as of
the date first above written. </FONT></P>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=50%></TD>
<TD WIDTH=50%>CEDAR SHOPPING CENTERS, INC.<BR>
<BR>
<BR>
By:<U>/s/ Brenda J. Walker&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
<BR>
<BR>
CEDAR SHOPPING CENTERS PARTNERSHIP, L.P.<BR>
By: Cedar Shopping Centers, Inc.<BR>
<BR>
<BR>
By:<U>/s/ Brenda J. Walker&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
<BR>
<BR>
<U>/s/ Leo S. Ullman&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Leo S. Ullman</TD>
</TR>
</TABLE>
<BR>

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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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