Exhibit 10.1
As of May 1, 2004
To: Xxxxx Xxxxxxxxxx
Marvel Enterprises, Inc.
00 Xxxx 00xx Xxxxxx
Xxx Xxxx, XX 00000
Dear Ike:
Reference is made to the Employment Agreement between Marvel Enterprises, Inc.
("Marvel") and you ("Executive") dated as of November 30, 2001 (the "Employment
Agreement"). All terms defined in the Employment Agreement shall have the same
meaning as set forth therein.
In consideration of One Dollar ($1.00) and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged,
Marvel and Executive hereby agree that the Employment Agreement is amended
effective May 1, 2004 in the following respect:
1. The Term is hereby amended by extending the expiration date from
November 30, 2007 until November 30, 2009.
Except as otherwise expressly hereinabove provided, the terms and conditions of
the Employment Agreement shall remain in full force and effect.
If the foregoing accurately reflects your understanding of our agreement, please
indicate by signing in the appropriate place below.
Very truly yours,
/s/ Xxxxx X. Xxxxxx
Accepted and Agreed
/s/ Xxxxx Xxxxxxxxxx
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Xxxxx Xxxxxxxxxx
