0001193125-06-061739 Sample Contracts

WAIVER OF CERTAIN EQUITY GRANTS UNDER EMPLOYMENT AGREEMENT
Waiver of Certain Equity Grants • March 23rd, 2006 • DreamWorks Animation SKG, Inc. • Services-motion picture & video tape production

This waiver (the “Waiver”) is delivered by Jeffrey Katzenberg (“Executive”) to DreamWorks Animation SKG, Inc. (the “Company”) with respect to Executive’s waiver of certain equity grants under that certain employment agreement (the “Agreement”) dated as of October 8, 2004, as amended on November 1, 2004 and on December 5, 2005, between Executive and the Company. Except as provided to the contrary, all capitalized terms herein shall have the same meaning as set forth in the Agreement.

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