SEPARATION AGREEMENT AND RELEASESeparation Agreement • December 15th, 2008 • Autobytel Inc • Services-computer programming, data processing, etc. • California
It is hereby agreed by and between you, James E. Riesenbach (for yourself, your spouse, family, agents and attorneys) (jointly, “You”), and Autobytel Inc., its predecessors, successors, affiliates, directors, officers, shareholders, fiduciaries, insurers, employees and agents (jointly, the “Company”), as follows:
December 11, 2008 Jeffrey H. Coats 18872 MacArthur Blvd. Irvine, California 92612 Re: Employment Agreement Dear Jeff:Employment Agreement • December 15th, 2008 • Autobytel Inc • Services-computer programming, data processing, etc. • Delaware
This letter confirms the terms upon which Autobytel Inc., a Delaware corporation (“Company”) and you (“Executive”) have agreed regarding your employment as the Company’s Chief Executive Officer.
AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENTEmployment Agreement • December 15th, 2008 • Autobytel Inc • Services-computer programming, data processing, etc. • California
This Amendment No. 1 to Employment Agreement (this “Amendment No. 1”) is made and entered into as of December 10, 2008, by and between AUTOBYTEL INC., a Delaware corporation (the “Company”), and James E. Riesenbach (the “Executive”).
Autobytel Inc. 18872 MacArthur Boulevard Irvine, California 92612-1400 December 10, 2008 James E. Riesenbach c/o Sandra Bloch, Esq. Cozen O’Connor Philadelphia, PA 19103Employment Agreement • December 15th, 2008 • Autobytel Inc • Services-computer programming, data processing, etc. • California
Reference is hereby made to that certain Employment Agreement, by and between you and Autobytel Inc., a Delaware corporation (the “Company”), dated as of March 1, 2006, as amended on December 10, 2008 (the “Employment Agreement”).
