Termination Letter of Amended and Restated Employment Agreement between Global Consumer Acquisition Corp. and Laus M. Abdo

Summary

Global Consumer Acquisition Corp. and Laus M. Abdo have mutually agreed to terminate their Amended and Restated Employment Agreement, effective immediately. Both parties are released from any further obligations under the agreement, except for Section 25, which preserves Mr. Abdo's waiver of rights and claims to certain funds held in trust for public stockholders. The termination is confirmed by both parties' signatures on this letter.

EX-10.2 3 y79334exv10w2.htm EX-10.2 exv10w2

Exhibit 10.2

GLOBAL CONSUMER ACQUISITION CORP.
1370 Avenue of the Americas
28^th Floor
New York, NY 10019

September 15, 2009

Mr. Laus M. Abdo

Re: Amended and Restated Employment Agreement, dated as of August 31, 2009

Dear Laus:

This will confirm that, except as set forth below, the above-referenced employment agreement between you (in your individual capacity) and us is hereby terminated, effective immediately, with the effect that neither you nor we shall have any further duty or obligation under that agreement.

Section 25 of the above-referenced employment agreement containing, among other things, your waiver of rights and claims against certain amounts placed in a trust account for the benefit of our public stockholders shall, however, survive in full force and effect.

Please confirm that this accurately reflects our mutual agreement and understanding by signing and returning to us the enclosed duplicate of this letter.


	Very truly yours, GLOBAL CONSUMER ACQUISITION CORP.
	By:	/s/ Jason N. Ader
		Jason N. Ader
		Chairman


ACKNOWLEDGED AND AGREED:
/s/ Laus M. Abdo
LAUS M. ABDO