EXHIBIT 10.2
AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT
THIS AMENDMENT NO. 1 ("Amendment") is made as of the 19th day of December, 2001,
to the Employment Agreement, made as of the 31st day of July, 2000 (the
"Employment Agreement"), by and between ValueVision International, Inc., a
Minnesota corporation (hereinafter referred to as "Employer"), and Xxx Xxxxxxxx
(hereinafter referred to as "Employee").
WITNESSETH:
WHEREAS, Employer and Employee mutually desire to amend the provisions of the
Employment Agreement as set forth below;
NOW, THEREFORE, in consideration of the premises and mutual promises contained
in this Amendment, the parties hereto agree as follows:
1. The first sentence of Section 2 "Term" of the Employment Agreement is
hereby amended in its entirety to read as follows: "The term of
Employee's employment hereunder shall commence on the date hereof and
shall continue on a full-time basis until September 10, 2003 (the
"Term")."
This Amendment shall become effective as of the date first above written.
IN WITNESS WHEREOF, the parties hereto have executed or caused this Amendment
No. 1 to be executed as of the day, month and year first above written.
EMPLOYER: VALUEVISION INTERNATIONAL, INC.
By: /s/ Xxxx XxXxxxxxx
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Xxxx XxXxxxxxx
Its: Chief Executive Officer
EMPLOYEE:
By: /s/ Xxx Xxxxxxxx
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Xxx Xxxxxxxx
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