Amendment to Employment Agreement Between Rentrak Corporation and Ron Berger (August 28, 2000)

Summary

This amendment updates the employment agreement between Rentrak Corporation and Ron Berger. It adds a provision regarding a $10 million term life insurance policy: if Rentrak wishes to terminate the policy after certain types of employment termination, it must first offer to assign the policy to Berger at no cost. Berger then has 30 days to accept the offer in writing. If accepted, the policy is transferred to Berger, and Rentrak is released from all further obligations related to the policy. All other terms of the original agreement remain unchanged.

EX-10.2 4 0004.txt Amendment to Rentrak/Berger Employment Agreement This amendment to the Amended and Restated Employment Agreement between Rentrak Corporation and Ron Berger, dated April 21, 1998, ("Agreement") is made and entered into as of this 28th day of August, 2000, by and between Rentrak Corporation, an Oregon Corporation ("Employer"), and Ron Berger ("Employee") (the "Amendment"). Accordingly, the Agreement is hereby amended by adding the following three sentences to paragraph 6.1(f) of the Agreement after the last sentence of paragraph 6.1(f): "If, after an event of termination described in subsections (c) and (d) of this Section 6.1, Employer desires to terminate the $10 million term life insurance policy on the life of Employee referenced in paragraph 3.4.2 of this Agreement, Employer shall, prior to termination of the policy, make a written offer to assign such policy to Employee at no cost to Employee. Employee shall have thirty (30) days from receipt of the offer of assignment in which to accept the offer in writing. If Employee accepts such assignment, Employer shall thereafter assign the policy to Employee, provided that Employer shall thereafter be released from all obligations and liabilities under such policy, including but not limited to, the obligation to make further premium payments or to be liable for any other obligations under the policy." This Amendment is made as of the date first above written and shall be effective upon execution by both parties. The remainder of the Agreement remains in full force and effect without further alteration. RENTRAK CORPORATION EMPLOYEE: By s/s Skip Baumgarten By s/s Ron Berger Printed Name: Skip Baumgarten RON BERGER Its: Director