FIRST AMENDMENT
This is the first amendment to that certain Employment Contract dated as of
April 1, 1997 between SABAN ENTERTAINMENT, INC. and XXXX XXXXXX.
1. The name of the Company employing you shall be changed from SABAN
ENTERTAINMENT, INC. TO FOX FAMILY WORLDWIDE, INC.
2. The Term of your employment pursuant to the terms of your Contract, as
amended, shall continue through March 31, 2002.
3. Paragraph 3(a) shall be amended by adding the following:
(4) During the fourth year of the Term, we will pay you a gross annual
salary of $255,000.
(5) During the fifth year of the Term, we will pay you a gross annual
salary of $270,000.
Paragraph 3(a)(4) of the Contract shall become Paragraph 3(a)(6).
In all other respects the Contract between us shall remain in full force and
effect.
IN WITNESS WHEREOF, you and we have entered into this First Amendment as of
April 1, 1999.
FOX FAMILY WORLDWIDE, INC.
By: /S/ XXXX XXXXXX By: /S/ XXXX XXXXXXX
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Xxxx Xxxxxx Xx. V.P. General Counsel
