Extension Letter to Employment Agreement between Autobytel Inc. and Richard Post dated February 27, 2006

Summary

Autobytel Inc. has notified Richard Post that it is extending the term of his Employment Agreement, originally dated April 27, 2005. This letter serves as formal notice of the extension, as allowed under the terms of the original agreement. No other terms or conditions are changed by this letter; it simply continues Mr. Post's employment under the existing agreement for a longer period.

EX-10.1 2 dex101.htm EXTENSION LETTER DATED FEBRUARY 27, 2006 Extension Letter dated February 27, 2006

EXHIBIT 10.1

 

Autobytel Inc.

 

18872 MacArthur Blvd.

  <voice> 949 ###-###-####

Irvine, CA ###-###-####

  <fax> 949 ###-###-####

February 27, 2006

Mr. Richard Post

c/o Autobytel Inc.

18872 MacArthur Boulevard

Irvine, California ###-###-####

Dear Rich:

Reference is made to that certain Employment Agreement, dated as of April 27, 2005, by and between Autobytel Inc. (the “Company”) and you (the “Employment Agreement”).

Pursuant to the Employment Agreement, the Company hereby notifies you of its decision to extend the term of the Employment Agreement in accordance with the terms of Article 1 of the Employment Agreement.

 

Sincerely,

AUTOBYTEL INC.

By:   /s/    ARIEL AMIR        
Name:   Ariel Amir
Title:   Executive Vice President and Chief
 

    Legal and Administrative Officer