SummerInfant, Inc. 1275Park East Drive Woonsocket,RI 02895
Exhibit 10.3
Summer Infant, Inc.
1275 Park East Drive
Woonsocket, RI 02895
February 1, 2010
Joseph Driscoll
5 DiCarlo Road
Hopkinton, MA 01748
Dear Joe:
Reference is made to that certain Employment Agreement dated on or about September 1, 2006 between Summer Infant, Inc. (the “Company”) and you (the “Officer”) (the “Employment Agreement”). In consideration of entering into that certain Change of Control Agreement between the Officer and the Company on the date hereof, the Officer and Company hereby agree that effective immediately the Employment Agreement is terminated.
This letter agreement may be executed in two or more counterparts, and by different parties hereto on separate counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Counterparts executed and exchanged by facsimile or electronic mail transmission shall be fully enforceable.
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| SUMMER INFANT, INC. | |
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| By: | /s/ Jason Macari |
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| Name: | Jason Macari |
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| Title: | President and CEO |
ACKNOWLEDGED AND AGREED TO:
| /s/ Joseph Driscoll |
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| Joseph Driscoll |
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| Date: February 1, 2010 |
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