Extension of Consulting Agreement between Autobytel Inc. and Robert S. Grimes (March 2002)

Summary

Autobytel Inc. and Robert S. Grimes have agreed to extend their existing consulting agreement for an additional year, with all other terms and conditions remaining unchanged. This extension is confirmed by both parties' signatures and takes effect as of March 2002.

EX-10.5 8 a81154ex10-5.txt EXHIBIT 10.5 EXHIBIT 10.5 MARCH 19, 2002 JEFFREY SCHWARTZ PRESIDENT AND CHIEF EXECUTIVE OFFICER Direct Line: 949 ###-###-#### FAX: 949 ###-###-#### \ ***@*** Robert S. Grimes R.S. Grimes & Co., Inc. The Empire State Building 350 Fifth Avenue, Suite 7801 New York, NY 10018 Dear Mr. Grimes: Reference is hereby made to that certain Consulting Agreement entered between Autobytel Inc. (formerly autobytel.com inc.) and Robert Grimes as of April 1, 2000. The parties hereby agree to extend the term of the agreement for the period of one year. All other terms and conditions remain unchanged. Please evidence your agreement with the foregoing by signing below and returning a copy to the undersigned. Very truly yours, Autobytel Inc. By: /s/ Jeffrey Schwartz ------------------------------------ AGREED AND ACCEPTED This 26th day of March, 2002 /s/ Robert Grimes - -------------------------------- Robert S. Grimes