Amendment to Employment Agreement between Sport Chalet, Inc. and Dennis Trausch
This amendment updates the employment contract between Sport Chalet, Inc. and Dennis Trausch, Executive Vice President. Effective April 29, 2002, Mr. Trausch's annual salary is set at $155,000, paid in bi-weekly installments. The amendment also clarifies his responsibilities regarding store selection, leasing, and facilities management. All other terms and benefits of the original contract remain unchanged.
Exhibit 10.54
April 4, 2002
Mr. Dennis Trausch
Sport Chalet, Inc.
920 Foothill Blvd.
La Canada, California 91011
Dear Dennis:
This letter will serve as an amendment to your current employment contract dated October 1, 1999.
The Agreement is hereby amended as follows:
| Paragraph 2.1 (i) | “necessary or advisable to manage and conduct the business of Employer as it relates to store selection and store leasing, including facilities management.” | |
| Paragraph 3.1 | Compensation: As compensation for the services to be performed hereunder, Executive shall receive a salary in the amount of One Hundred Fifty-Five Thousand Dollars ($155,000) per annum. Payable in bi-weekly equal installments effective April 29, 2002. |
Please retain this letter in your files with your employment contract.
/s/ CRAIG LEVRA
Craig Levra
Chairman and CEO /s/ DENNIS TRAUSCH
Dennis Trausch
Executive Vice President 4/15/02
Date 4/15/02
Date
Note: The change in salary does not impact any other benefits currently provided for in the current employment contract.
E-5
