EMPLOYMENT AGREEMENTEmployment Agreement • March 13th, 2007 • Gsi Commerce Inc • Retail-catalog & mail-order houses • Pennsylvania
Background: Employer, through its subsidiaries, is a provider of e-commerce solutions that enable retailers, branded manufacturers, entertainment companies and professional sports organizations to operate e-commerce businesses (the “Business”). Employer and Executive were parties to an Employment Agreement, dated April 23, 2002 (the “Prior Agreement”), pursuant to which Executive was employed as Executive Vice President, Merchandising. The Prior Agreement expired on December 31, 2005. During the term of the Prior Agreement, Executive assumed additional responsibilities with Employer, including business management responsibility for the partners in Employer’s sporting goods category. Employer desires to continue to employ Executive, and Executive desires to continue such employment, on the terms and conditions stated below.
AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • March 13th, 2007 • Gsi Commerce Inc • Retail-catalog & mail-order houses • Pennsylvania
Background: Employer and its subsidiaries are in the business of providing e-commerce solutions that enable retailers, branded manufacturers, entertainment companies and professional sports organizations to operate e-commerce businesses (the “Business”). Employer and Employee currently are parties to an Employment Agreement, dated February 9, 2000, as amended by the letter agreement, dated December 8, 2004 (collectively, the “Prior Agreement”). Under the Prior Agreement, Employee was employed by Employer as Executive Vice President, Finance, and Chief Financial Officer. Employer desires to continue to employ Employee as Executive Vice President, Strategic Development, and Employee desires to accept such employment. Accordingly, Employer and Employee are amending and restating the terms and conditions of the Prior Agreement as set forth in this Amended and Restated Employment Agreement (the “Amended Agreement”).
