Amendment No. 1 to Employment Agreement between Scripps Networks Interactive, Inc. and Burton Jablin
This amendment updates the employment agreement between Scripps Networks Interactive, Inc. and Burton Jablin. It changes Mr. Jablin’s title to Chief Operating Officer and increases his base salary to $1,050,000 effective August 1, 2015. It also raises his bonus target from 80% to 100%. All other terms of the original agreement remain unchanged. The amendment becomes binding once signed by both parties.
Exhibit 10.31.A
9721 Sherrill Blvd. | Knoxville, TN ***@***
Cynthia L Gibson
Executive Vice President, Chief Legal Officer
Amendment No. 1 to Employment Agreement
August 19, 2015
Mr. Burton Jablin
9721 Sherrill Boulevard
Knoxville, TN 37932
Re:Amendment to Employment Agreement
Dear Burton:
This Amendment No. 1 (this “Amendment”) to your Employment Agreement with Scripps Networks Interactive, Inc. (the “Company”), dated as of September 1, 2013, (the “Employment Agreement”), amends the Employment Agreement as expressly stated herein.
| 1. | Duties.The first sentence of Section 2 of the Employment Agreement is amended by replacing “President, Scripps Networks” with “Chief Operating Officer, Scripps Networks Interactive”. |
| 2. | Compensation. The first sentence of Section 3(a) is amended by replacing “$850,000” with “$1,050,000 (effective August 1, 2015).” The first sentence of Section 3(b) is amended by replacing 80% with 100%. |
| 2. | No Other Amendments. Except as expressly amended, modified and supplemented hereby, the provisions of the Employment Agreement are and will remain in full force and effect and shall be binding on the parties thereto. References in the Employment Agreement or in any other document to the Employment Agreement shall refer to the Employment Agreement, as amended hereby. |
| 3. | Counterparts. This Amendment may be executed in one or more counterparts, each of which shall be deemed an original, but all of which taken together shall constitute one and the same agreement. |
If the foregoing correctly sets forth our understanding, please sign, date and return all three copies of this Amendment to the undersigned for execution on behalf of the
Burton Jablin
August 19, 2015
Page 2
Company; after this Agreement has been executed by the Company and a fully-executed copy returned to you, it shall constitute a binding agreement between us.
Sincerely yours,
/s/ Cynthia L. Gibson
________________________
Cynthia L. Gibson
EVP, Chief Legal Officer
ACCEPTED AND AGREED:
/s/ Burton Jablin
__________________________________
Burton Jablin
