Third Amendment to Employment Agreement between dELiA*s Inc. and Christopher C. Edgar

Contract Categories: Human Resources › Employment Agreements
Summary

This amendment updates the employment agreement between dELiA*s Inc. and Christopher C. Edgar. It extends Mr. Edgar's employment term to six years from the original agreement date and provides him with a $20,000 annual allowance for professional services or educational expenses. All other terms of the original agreement remain unchanged. The amendment is effective as of November 22, 1999, upon Mr. Edgar's countersignature.

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EX-10.36 3 ex-10_36.txt EXHIBIT 10.36 Exhibit 10.36 DELIA*S INC. 435 HUDSON STREET NEW YORK, NY 11238 June 9, 2000 Mr. Christopher C. Edgar dELiA*s 435 Hudson Street New York, NY 10014 Re: Third Amendment to Employment Agreement --------------------------------------- Dear Mr. Edgar: This letter, when countersigned by you, shall constitute the Third Amendment to the Employment Agreement between you and dELiA*s Inc., dated as of November 22, 1996. Section 2 of the Employment Agreement is hereby deleted and replaced in its entirety by the following paragraph: Subject to Section 4, the Executive shall continue to be employed by the Company under this agreement until the close of business on the sixth anniversary of this agreement. Section 5(e) of the Employment Agreement is hereby deleted and replaced in its entirety by the following paragraph: The Company shall provide the Executive with an annual allowance of $20,000 to be applied, in the Executive's discretion, in any combination to one or more of the following: tax return preparation, financial consulting, estate planning and/or life/disability insurance premiums and similar professional services and for educational expenses. In all other respects, the Employment Agreement shall continue in full force and effect without modification. Upon execution by you, this letter agreement shall have effect as of November 22, 1999. If you are in agreement with the foregoing, please countersign below in the space indicated. Sincerely, dELiA*s Inc. By /s/ TIMOTHY B. SCHMIDT ------------------------- Timothy B. Schmidt Senior Vice President ACKNOWLEDGED AND AGREED: /s/ CHRISTOPHER C. EDGAR - ------------------------ CHRISTOPHER C. EDGAR