0001193125-06-110601 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • May 12th, 2006 • Sharper Image Corp • Retail-miscellaneous shopping goods stores • California

This Employment Agreement (the “Agreement”) is entered into as of May 10, 2006 (the “Effective Date”) by and between Sharper Image Corporation (the “Company”) and Tracy Wan (the “Executive”).

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AGREEMENT
Agreement • May 12th, 2006 • Sharper Image Corp • Retail-miscellaneous shopping goods stores • Delaware

This AGREEMENT, dated as of May 9, 2006 (the “Agreement”), is by and among Sharper Image Corporation, a Delaware corporation (the “Company”), and Richard J. Thalheimer, individually and as trustee of each of the Richard J. Thalheimer Revocable Trust, the Richard J. Thalheimer 1997 Annuity Trust, the Thalheimer Grantor Annuity Trust of 1997, and the Richard J. Thalheimer 2005 Annuity Trust, and John Comyns, as trustee of each of the Richard Thalheimer Children’s Trust of 1989, the Richard and Elyse Thalheimer Irrevocable Trust of 1995, and the Richard J. Thalheimer Irrevocable Trust of 1999 (collectively, the “Thalheimer Entities”), and the entities and persons listed on Schedule A hereto (collectively, the “Knightspoint Entities”).

AMENDMENT NO. 1 TO RIGHTS AGREEMENT
Rights Agreement • May 12th, 2006 • Sharper Image Corp • Retail-miscellaneous shopping goods stores

This AMENDMENT NO. 1 TO RIGHTS AGREEMENT (this “Amendment”) is dated as of May 9, 2006 between Sharper Image Corporation, a Delaware corporation (the “Company”), and Mellon Investor Services LLC (f/k/a ChaseMellon Shareholder Services, L.L.C.) (the “Rights Agent”).

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