0000032621-97-000013 Sample Contracts

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April 16, 1997 Mr. Geoffrey P. Jurick c/o Emerson Radio (Hong Kong) Ltd. 705 - 711, Tower 2 The Gateway 25-27 Canton Road Kowloon, Hong Kong Re: Extension of Employment Agreements Dear Mr. Jurick: This letter will serve as confirmation of our...
Employment Agreement • July 14th, 1997 • Emerson Radio Corp • Household audio & video equipment

This letter will serve as confirmation of our agreement to extend the terms of those certain Employment Agreements, each dated July 7, 1992 (the "Agreements"), by and between you and each of Emerson Radio (B.V.I.), Ltd., Emerson Radio (Hong Kong), Ltd., and Emerson Radio Corp. Under Section 1 of each of the Agreements, the "Term" as defined therein is to continue until July 7, 1997. By each of our respective signatures below, you and each of the above- referenced entities agree to extend the Term of each such Agreement until March 31, 2000. The parties also expressly acknowledge and agree that, except as expressly stated therein, no other agreement nor any breach or default under any other agreement shall have any effect on the rights and obligations of the parties hereto or under any of the Agreements, including, without limitation, under any employment or other agreement between Sport Supply Group, Inc., or any of its subsidiaries, and you. Except as specifically amended hereby, each

July 2, 1997 Mr. Brince Luo President Hi Quality International (U.S.A.) Inc. 602 Rockefeller Avenue Ontario, CA 91761 SALE OF EMERSON RADIO-BRANDED "AS IS" PRODUCTS Dear Mr. Luo: This letter will confirm the agreement, effective as of the date of this...
Sale Agreement • July 14th, 1997 • Emerson Radio Corp • Household audio & video equipment

This letter will confirm the agreement, effective as of the date of this letter agreement, between Emerson Radio Corp. ("Emerson") and Hi Quality International (U.S.A.) Inc. ("Purchaser"), whereby Emerson, directly or through an affiliate, shall sell "AS IS" products exclusively to Purchaser, for refurbishment and re- sale by Purchaser in accordance with the terms of this letter agreement. Emerson agrees to offer for sale, and Purchaser agrees to purchase "AS IS" Emerson Radio branded consumer electronics products from Emerson, which products are returned to Emerson by its customers in the United States and are available for re-sale "AS IS" ("the merchandise"). Purchaser agrees that it shall refurbish or repair such merchandise in accordance with the terms and conditions set forth on Exhibit A annexed hereto, which terms and conditions are incorporated herein as if fully set forth. Emerson agrees that Purchaser shall have the right to re- sell such refurbished Emerson Radio branded pro

April 16, 1997
Employment Agreement • July 14th, 1997 • Emerson Radio Corp • Household audio & video equipment

This letter will serve as confirmation of our agreement to extend the terms of that certain Employment Agreement dated July 7, 1992 (the "Agreement") by and between you and Emerson Radio Corp. ("Emerson"). Under Section 1 of the Agreement, the "Term" as defined therein is to continue until July 7, 1997. By your signature below, you and Emerson agree to extend the Term of the Agreement until March 31, 2000.

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