Employment Contract Extension Agreement between On2 Technologies, Inc. and Timothy C. Reusing

Contract Categories: Human Resources › Employment Agreements
Summary

On2 Technologies, Inc. and Timothy C. Reusing have agreed to extend Mr. Reusing's employment contract for one year, starting May 11, 2005, and ending October 15, 2006. All terms and conditions from the original contract dated November 10, 2003, remain in effect during this extension period. This agreement formalizes the extension and is signed by both parties.

Read More Arrow
EX-10.3 4 v028011_ex10-3.txt ON2 TECHNOLOGIES, INC. 21 Corporate Drive Clifton Park, NY 12065 Timothy C. Reusing 420 E. 23rd St., Apt. 3H New York, NY 10010 Dear Tim: 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 Tim Reusing (hereinafter "employee"). On2 agrees to extend employee's contract dated November 10, 2003, for one year. The term of the extension will commence on the date hereof and terminate on October 15, 2006. All the terms and conditions set forth in the employee's contract dated November 10, 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/ Timothy C. Reusing - ---------------------------------------- Timothy C. Reusing