FIRST AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • August 24th, 2011 • Jakks Pacific Inc • Games, toys & children's vehicles (no dolls & bicycles) • Delaware
Dollar Value of Shares Issued Issuance Date First Vesting Date % of Shares Vesting on First Vesting Date Second Vesting Date2 % of Shares Vesting on Second Vesting Date Third Vesting Date % of Shares Vesting on Third Vesting Date Fourth Vesting Date % of Shares Vesting on Fourth Vesting Date $75,000.00 ____ 1, 2011 Date in 2012 as of which the 3% Vesting Condition is determined to have been satisfied 25% Jan 1, 2013 25% Jan 1, 2014 25% Jan 1, 2015 25% $75,000.00 Jan 1, 2012 Date in 2013 as of which the 3% Vesting Condition is determined to have been satisfied 33⅓% Jan 1, 2014 33⅓% Jan 1, 2015 33⅓% N/A N/A $75,000.00 Jan 1, 2013 Date in 2014 as of which the 3% Vesting Condition is determined to have been satisfied 50% Jan 1, 2015 50% N/A N/A N/A N/A
