Amendment to Employment Agreement between Frankly Media, LLC and Omar Karim dated March 1, 2017

Contract Categories: Human Resources › Employment Agreements
Summary

This amendment updates the employment agreement between Omar Karim and Frankly Media, LLC, originally dated October 14, 2015. Effective March 9, 2017, Omar Karim’s annual salary will increase from $225,000 to $250,000. All other terms of the original agreement remain unchanged. Both parties must sign this amendment for it to take effect.

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EX-10.24 2 ex10-24.htm

 

 

Dated as of March 1, 2017

 

Omar Karim

360A 13th Street

Brooklyn, NY 11215

 

Re:       Amendment of Employment Agreement

 

Dear Omar,

 

Reference is made to the Employment Agreement between you (“Employee”) and Frankly Media, LLC (“Company”) dated October 14, 2015 (the “Agreement”). When signed below the Agreement will be further amended as follows:

 

Salary Adjustment - Commencing on March 9, 2017, the salary payable to Employee under the Agreement will be increased from the annual rate of $225,000 to the annual rate of $250,000.

 

Except as amended herein, the Agreement will continue in full force and effect.

 

If the foregoing is acceptable, please return a signed copy of this Amendment to us at your earliest convenience and we will return a fully-executed copy to you.

 

  Sincerely,
   
  Frankly Media LLC
   
  /s/ John F. Wilk
  Name: John F. Wilk
  Title: General Counsel

 

Accepted and Agreed:  
   
/s/ Omar Karim  
Omar Karim