Extension of Employment Agreements between Emerson Radio Entities and Geoffrey P. Jurick (Effective September 1, 2004)
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Summary
This agreement confirms the extension of existing employment agreements between Geoffrey P. Jurick and Emerson Radio International Ltd., Emerson Radio (Hong Kong) Limited, and Emerson Radio Corp. The agreements, originally dated July 7, 1992 and previously amended, are extended through August 31, 2007. Mr. Jurick's aggregate base salary remains at $500,000. All other terms of the original agreements remain unchanged. The agreement is effective as of September 1, 2004 and is signed by representatives of the companies and Mr. Jurick.
EX-10.26.3 4 b404397ex10263.txt CONFIRMATION OF AGREEMENT Exhibit 10.26.3 (EMERSON LOGO) EMERSON RADIO CORP. 9 Entin Road, P.O. Box 430, Parsippany, New Jersey 07054-4430 ###-###-#### - -------------------------------------------------------------------------------- Effective as of September 1, 2004 Mr. Geoffrey P. Jurick c/o Emerson Radio (Hong Kong) Limited 705-711, Tower 2 The Gateway 25-27 Canton Road Kowloon, Hong Kong EMPLOYMENT AGREEMENTS Dear Mr. Jurick: This letter will serve as confirmation of our agreement that those certain Employment Agreements, each dated July 7, 1992, as amended by the Extension of Employment Agreements, dated April 16, 1997 and letter dated effective as of September 1, 2001 (collectively, the "Agreements"), by and between you and each of Emerson Radio International Ltd. (formerly known as Emerson Radio (B.V.I.) Ltd.), Emerson Radio (Hong Kong) Limited and Emerson Radio Corp., shall be and hereby are extended through and including August 31, 2007. The aggregate base salary compensation of the Agreements is presently $500,000. Except as specifically amended hereby, the terms of each of the Agreements shall remain in full force and effect. Please indicate your agreement to the above by signing in the space provided below. Very truly yours: Emerson Radio International Ltd. Emerson Radio Corp. By: /s/ John J. Raab By: /s/ John J. Raab ------------------------- ---------------------------- (Name) (Title) (Name) (Title) John J. Raab Director John J. Raab COO-SEVP Emerson Radio (Hong Kong) Limited By: /s/ John J. Raab ------------------------- (Name) (Title) ACKNOWLEDGED, UNDERSTOOD AND John J. Raab Director AGREED TO AS OF SEPTEMBER 1, 2004 By: /s/ Geoffrey P.Jurick ----------------------------- Geoffrey P.Jurick THE TRUSTED NAME IN ELECTRONICS SINCE 1912
