GLOBAL CONSUMER ACQUISITION CORP. 1370 Avenue of the Americas 28th Floor New York, NY 10019 September 15, 2009
Exhibit 10.1
September 15, 2009
Xx. Xxxx Xxxxxx
Re: Amended and Restated Employment Agreement, dated as of August 31, 2009
Dear Xxxx:
This will confirm that, except as set forth below, the above-referenced employment agreement
between you and us is hereby terminated, effective immediately, with the effect that neither you
nor we shall have any further duty or obligation thereunder.
Section 24 of the above-referenced employment agreement containing, among other things, your
waiver of rights and claims against certain amounts placed in a trust account for the benefit of
our public stockholders shall, however, survive in full force and effect.
We are sorry that this opportunity to work together did not work out, and look forward to
exploring other opportunities with you in the future.
Please confirm that this accurately reflects our mutual agreement and understanding by signing
and returning to us the enclosed duplicate of this letter.
Very truly yours, GLOBAL CONSUMER ACQUISITION CORP. |
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By: | /s/ Xxxxx X. Xxxx | |||
Xxxxx X. Xxxx | ||||
Chairman | ||||
ACKNOWLEDGED AND AGREED: |
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/s/ Xxxx Xxxxxx | ||||
XXXX XXXXXX | ||||