Re: Employment Agreement Amendment
EXHIBIT 10.2
Mr.
Xxxxxxx Xxxxxxxx
00000 Xxx
Xxxxxxx Xxxx
Xxxxxx
Xxxxx, XX 00000
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Re:
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Employment Agreement
Amendment
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Dear Xx.
Xxxxxxxx:
This will
confirm our agreement to further amend your employment agreement with Crown
Media Holdings, Inc. (“Crown”) dated August 8, 2006, as amended on January 29,
2008 (the “Agreement”), as follows:
1.
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The
term of the Agreement and your employment by Crown as set forth in Paragraph 2 of
the Agreement is extended until December 31, 2011, unless otherwise
terminated in accordance with the terms of the
Agreement.
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2.
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In
each of October 2010 and October 2011, Crown shall consider additional
salary increases at its discretion based on your
performance.
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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/ XXXXXXX X.
XXXXXX
Name:
Xxxxxxx X. Xxxxxx
Title:
President & Chief Executive Officer
Agreed
and Accepted:
/s/ X.
XXXXXXXX
Xxxxxxx
Xxxxxxxx