Amendment No. 8 to Employment Agreement between David Bonnett and American Media, Inc.

Summary

This amendment, dated October 18, 2009, updates the employment agreement between David Bonnett and American Media, Inc. It extends Mr. Bonnett's employment term with the company until March 31, 2011. All other terms and conditions of the original agreement and its previous amendments remain unchanged. Both parties have signed to confirm their acceptance of this amendment.

EX-10.35 12 exhibit1035_amendmentno8xb.htm EXHIBIT Exhibit 10.35_Amendment No. 8_Bonnett Employment Agreement

Exhibit 10.35

AMENDMENT NO. 8, dated as of October 18, 2009,

to that Employment Agreement dated April 1, 2002 (the "Agreement")

by and between David Bonnett (the "Executive") and

AMERICAN MEDIA, INC. (the "Company").

Effective as of the date first written above, the Agreement is hereby amended as follows:

1. Paragraph 1a of the Employment Agreement is hereby deleted and the following substituted therefore:

Employment Term. The Company shall employ Executive until March 31, 2011 (the "Employment Term") on the terms and subject to the conditions set forth in this Agreement. The Agreement shall be considered effective as of April 1, 2002 (the "Effective Time").

All other terms and conditions of Your Employment Agreement and any subsequent amendments of that Employment Agreement shall remain in full force and effect (unless modified above).

IN WITNESS WEREOF, the parties hereto have duly executed this Amendment No. 8 as of the date first written above.



AMERICAN MEDIA, INC.

By:	/s/ David Pecker
	David Pecker

	/s/ David Bonett
	David Bonnett