Amendment to Distribution Agreement between Time/Warner Retail Sales & Marketing Inc. and Playboy Enterprises Inc. (January 31, 2006)

Summary

This amendment updates the distribution agreement between Time/Warner Retail Sales & Marketing Inc. and Playboy Enterprises Inc. It changes the contract term to cover the period from the February 2004 issue to the April 2006 issue of Playboy magazine, unless ended earlier as specified. All other terms of the original agreement remain unchanged.

EX-10.2D 3 d67305_ex10-2d.txt AMENDMENT DATED AS OF JANUARY 31, 2005 EXHIBIT 10.2d [LOGO] Time/Warner RETAIL SALES & MARKETING A TimeWarner Company AMENDMENT This Amendment, dated as of January 31, 2006, shall confirm the understanding between Time/Warner Retail Sales & Marketing Inc. (formerly known as Warner Publisher Services Inc.), a New York corporation ("Warner"), and Playboy Enterprises Inc., a Delaware corporation ("Publisher"), that the distribution agreement between Warner and Publisher dated May 4, 2004, as amended on December 12, 2005 (the "Agreement"), is hereby amended as follows: Sub-Paragraph 1(m): "Term" Clause 1(m)(i) of the Agreement shall be deleted in its entirety and replaced with the following: ""Term" shall mean the period commencing with the On-Sale Date of the February 2004 issue of "Playboy" magazine and terminating on the Off-Sale Date of the April 2006 issue of "Playboy" magazine, unless earlier terminated as hereinafter provided." All other terms and conditions shall remain as stated in the Agreement. AGREED & ACCEPTED: TIME/WARNER RETAIL SALES & MARKETING INC. By: /s/ Robert J. Bedor ---------------------------- PLAYBOY ENTERPRISES, INC. By: /s/ Larry Djerf ----------------------------