0000058592-06-000004 Sample Contracts

Contract
4 Kids Entertainment Inc • March 8th, 2006 • Patent owners & lessors

EXHIBIT 99.2 March 2, 2006 Samuel R. Newborn 1414 Avenue of the Americas New York, New York 10019 Re: Employment Agreement Dear Samuel: I refer you to your Employment Agreement dated January 1, 2002 with 4Kids Entertainment Licensing, Inc. (“Employer”) as amended by a letter agreement dated June 16, 2003 (collectively the “Employment Agreement”). This letter hereby further amends the Employment Agreement as follows: 1. Paragraph 2 (a) of your Employment Agreement is hereby deleted in its entirety and replaced by the following:

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Contract
4 Kids Entertainment Inc • March 8th, 2006 • Patent owners & lessors

EXHIBIT 99.1 March 2, 2006 Norman J. Grossfeld 53W. 23rd Street New York, New York 10010 Re: Employment Agreement Dear Norman: I refer you to your Employment Agreement dated January 1, 2002 with 4Kids Productions, Inc. (“Employer”) as amended by a letter agreement dated June 16, 2003 (collectively the “Employment Agreement”). This letter hereby further amends the Employment Agreement as follows: 1. Paragraph 2 (a) of your Employment Agreement is hereby deleted in its entirety and replaced by the following:

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