First Amendment to Employment Agreement between dELiA*s Corp. and Christopher Edgar
This amendment updates the employment agreement between dELiA*s Corp. and Christopher Edgar, effective December 20, 2002. It increases Mr. Edgar's base salary from $150,000 to $200,000 and his bonus potential from $100,000 to $125,000. All other terms of the original agreement remain unchanged. The amendment is effective upon countersignature by both parties.
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EXHIBIT 10.46
December 23, 2002
Mr. Christopher Edgar
dELiA*s
435 Hudson Street
New York, NY 10014
Re: | First Amendment to Employment Agreement |
Dear Mr. Edgar:
This letter, when countersigned by you, shall constitute the First Amendment to the Employment Agreement between you and dELiA*s Corp., dated as of December 20, 2001, and shall be effective as of December 20, 2002.
- (1)
- Section 3(a) of the Employment Agreement is hereby amended by deleting the amount "$150,000" and replacing it with "$200,000."
- (2)
- Section 3(b) of the Employment Agreement is hereby amended by deleting the amount "$100,000" and replacing it with "$125,000."
- (3)
- In all other respects, the Employment Agreement shall continue in full force and effect without modification.
If you are in agreement with the foregoing, please countersign below in the space indicated.
Sincerely, | |||
dELiA*s Corp. | |||
By: | /s/ STEPHEN I. KAHN Stephen I. Kahn President |
ACKNOWLEDGED AND AGREED:
/s/ CHRISTOPHER EDGAR CHRISTOPHER EDGAR |
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