Amendment No. 2 to Employment Agreement by and among Steven Madden, Ltd., Adesso Madden, Inc., Joseph J. Masella, and TJ M Sales Corporation

Summary

This amendment updates the employment agreement between Steven Madden, Ltd., Adesso Madden, Inc., Joseph J. Masella, and TJ M Sales Corporation. The main change is to extend the term of the original employment agreement through December 31, 2006. All other terms and conditions from the original agreement and the first amendment remain unchanged and in effect.

EX-10.6 7 ex10_6.txt EXHIBIT 10.6 Exhibit 10.6 AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT Amendment No. 2 to Employment Agreement dated as of September 27, 2004 (this "Amendment "), to that certain Employment Agreement, by and between Steven Madden, Ltd., a Delaware corporation (the "Company") & Adesso Madden, Inc., and Joseph J. Masella & TJ M Sales Corporation (the "Executive"), as amended. WITNESSETH: WHEREAS, the Company and the Executive are parties to that certain Employment Agreement dated as of May 7, 2002 (the "Original Agreement"), a copy of which is attached hereto as Exhibit A; and Amendment No. 1 dated as of September 22, 2003 which is attached hereto as Exhibit B. NOW, THEREFORE, in consideration of the premises and mutual covenants contained herein, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: A. Effective as of the date hereof, the Original Agreement is hereby amended as follows: The section entitled "Term" shall be amended thru December 31,2006. B. As hereinabove modified, all of the terms and provisions of the Original Agreement, and Amendment No. 1 shall remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have executed this Amendment No. 2 as of the date first set forth above. STEVEN MADDEN, LTD By: /s/ JAMIESON A. KARSON ------------------------------------- JAMIESON A. KARSON CHIEF EXECUTIVE OFFICER ADESSO-MADDEN, INC. By: /s/ JAMIESON A. KARSON ------------------------------------- JAMIESON A. KARSON CHIEF EXECUTIVE OFFICER /s/ JOSEPH J. MASELLA ----------------------------------------- JOSEPH J. MASELLA T.J.M SALES CORPORATION By: /s/ JOSEPH J. MASELLA ------------------------------------- JOSEPH J. MASELLA, PRESIDENT