Amendment No. 5 to Employment Agreement between Kevin Hyson and American Media Operations, Inc.
This amendment, dated October 18, 2009, extends the employment term of Kevin Hyson with American Media Operations, Inc. until March 31, 2011. All other terms and conditions of the original employment agreement, dated November 1, 2004, and its previous amendments remain unchanged except for the new employment end date. Both parties have agreed to this change by signing the amendment.
Exhibit 10.29
AMENDMENT NO. 5, dated as of October 18, 2009, to that Employment Agreement dated November 1, 2004 (the Agreement) by and between KEVIN HYSON (the Executive) and AMERICAN MEDIA OPERATIONS, INC. (the Company).
Effective as of the date first written above, the Agreement is hereby amended as follows:
1. Paragraph 1a of the Agreement, as amended, 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 the Agreement. The Agreement shall be considered effective as of November 1, 2004 (the Effective Time).
All other terms and conditions of Your Employment Agreement and any subsequent amendments of the Employment Agreement shall remain in full force and effect (unless modified above).
IN WITNESS WHEREOF, the parties hereto have duly executed this Amendment No. 5 as of the date first written above.
AMERICAN MEDIA OPERATIONS, INC. | ||
By: | /s/ David Pecker |
/s/ Kevin Hyson |
Kevin Hyson |