Employment Agreement Extension between Emerson Radio Corp. and Elizabeth J. Calianese

Summary

Emerson Radio Corp. and Elizabeth J. Calianese have agreed to extend Ms. Calianese's employment agreement through August 31, 2007, with her base salary set at $220,000. All other terms of the original agreement, effective September 1, 2001, remain unchanged. Both parties have confirmed their acceptance of these terms by signing the agreement.

EX-10.26.5 6 b404397ex10265.txt CONFIRMATION OF AGREEMENT Exhibit 10.26.5 (EMERSON LOGO) EMERSON RADIO CORP. 9 Entin Road, P.O. Box 430, Parsippany, New Jersey 07054-4430 ###-###-#### - -------------------------------------------------------------------------------- Effective as of September 1, 2004 Ms. Elizabeth J. Calianese c/o Emerson Radio Corp. 9 Entin Road Parsippany, New Jersey 07054 EMPLOYMENT AGREEMENT Dear Ms. Calianese: This letter will serve as confirmation of our agreement that the Employment Agreement, dated effective as of September 1, 2001 (the "Agreement"), by and between you and Emerson Radio Corp. shall be and hereby is extended through and including August 31, 2007. The base salary compensation of the Agreement is presently $220,000. Except as specifically amended hereby, the terms of the Agreement 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 Corp. By: /s/ John J. Raab ----------------------------- (Name) (Title) ACKNOWLEDGED, UNDERSTOOD AND John J. Raab COO-SEVP AGREED TO AS OF SEPTEMBER 1, 2004 By: /s/ Elizabeth J. Calianese ----------------------------- Elizabeth J. Calianese