Employment Contract Extension Agreement between On2 Technologies, Inc. and Eric Ameres

Contract Categories: Human Resources › Employment Agreements
Summary

On2 Technologies, Inc. and Eric Ameres have agreed to extend Eric's employment contract for one additional year, starting May 11, 2005 and ending September 15, 2006. All terms and conditions from the original contract dated September 16, 2003 remain in effect during this extension period. This agreement formalizes the extension and does not introduce new terms or obligations beyond those already in place.

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EX-10.2 3 v028011_ex10-2.txt ON2 TECHNOLOGIES, INC. 21 Corporate Drive Clifton Park, NY 12065 Eric Ameres 10 Schermerhorn Rd. Cohoes, NY 12047 Dear Eric: This agreement is entered into and shall become effective as of the 11th day of May 2005, by and between On2 Technologies, Inc. (hereinafter "On2" or "employer") and Eric Ameres (hereinafter "employee"). On2 agrees to extend employee's contract dated September 16, 2003 for one year. The term of the extension will commence on the date hereof and terminate on September 15, 2006. All the terms and conditions set forth in the employee's contract dated September 16, 2003 shall apply to the one-year extension term. Sincerely yours, ON2 TECHNOLOGIES, INC. BY: /s/ Douglas A. McIntyre ----------------------------------- Name: Douglas A. McIntyre Title: Chairman, President and CEO /s/ Eric Ameres - --------------------------------------- Eric Ameres