DREAMWORKS ANIMATION SKG, INC. GLENDALE, CA 91201 July 24, 2008Employment Agreement • July 29th, 2008 • DreamWorks Animation SKG, Inc. • Services-motion picture & video tape production • California
Reference is made to that certain executed Employment Agreement, dated as of October 25, 2007, between DreamWorks Animation SKG, Inc., a Delaware corporation (“Studio” or “Employer”), and you (the “Prior Agreement”) whereby Studio agreed to employ you and you agreed to accept such employment until December 31, 2008, upon the terms and conditions set forth therein. Studio now wishes to continue your employment beyond December 31, 2008, and you wish to remain employed by Studio beyond such date, in each case, pursuant to the terms and conditions set forth below. Therefore, the parties now hereby agree to amend and restate the Prior Agreement in its entirety as set forth in this agreement (the “Agreement”), effective as of the date shown above:
DreamWorks Letterhead] July 24, 2008Employment Agreement • July 29th, 2008 • DreamWorks Animation SKG, Inc. • Services-motion picture & video tape production • California
Reference is made to that certain Employment Agreement dated as of October 8, 2004 by and between DreamWorks Animation SKG, Inc., a Delaware corporation (the “Company”), and you (as amended by the waiver dated December 5, 2005, as amended and restated by the Amended and Restated Employment Agreement, dated as of December 6, 2006, and as further amended and restated by the Amended and Restated Employment Agreement dated as of October 25, 2007 (collectively, the “Prior Agreement”)), pursuant to which the Company agreed to employ you and you agreed to accept such employment upon the terms and conditions set forth therein. This letter agreement (this “Letter Agreement”) is being executed to evidence the mutual decision of you and the Company to conclude your employee status as of the date hereof. Capitalized terms used in this Agreement and not otherwise defined shall have the meanings given to such terms in the Prior Agreement.
