HALLMARK CHANNEL LOGO] January 29, 2008
QuickLinks -- Click here to rapidly navigate through this document
[HALLMARK CHANNEL LOGO]
January 29, 2008
Mr. Xxxxx
Xxxxxxx
0000 Xxxxxxx Xxx.
Xxxxxx Xxxx, XX 00000
- Re:
- Employment Agreement Amendment
Dear Xx. Xxxxxxx:
This will confirm our agreement to amend your employment agreement with Crown Media Holdings, Inc. ("Crown") dated July 24, 2006 (the "Agreement") as follows:
- 1.
- The
term of the Agreement and your employment by Crown as set out in Paragraph 2 of the Agreement, is extended for two additional years, until July 24, 2010, unless
otherwise terminated in accordance with the terms of the Agreement.
- 2.
- Effective January 1, 2008, your base salary as set forth in Paragraph 3(a) shall be Four Hundred Thousand Dollars ($400,000.00) per year. On each of January 1, 2009 and January 1, 2010, Employer shall consider additional salary increases at its discretion based on your performance.
Except as amended herein, all other terms of the Agreement will remain in full force and effect.
Very truly yours, Crown Media Holdings, Inc. |
||||
By: |
/s/ Xxxxx Xxxxxxxx Xxxxx Xxxxxxxx, President |
|||
Agreed and Accepted: |
||||
/s/ Xxxxx Xxxxxxx Xxxxx Xxxxxxx |
[CROWN MEDIA LOGO]
A Crown Media Holdings, Inc. Company
0000
Xxxxxx xx xxx Xxxxxxxx, 00xx Xx., Xxx Xxxx, XX 00000
Ph: 212.445.6600 Fx: 212.957.5392
xxxxxxxxxxxxxxx.xxx