Dated 15 April 2006
Exhibit
4(c)(10)
Dated
15
April 2006
(1) CORGI
INTERNATIONAL LIMITED
(aka
ZINDART LIMITED)
(2) XXXXXXX
X. XXXXXX
___________________________________________
EMPLOYMENT
AGREEMENT AMENDMENT
___________________________________________
THIS
EMPLOYMENT AGREEMENT AMENDMENT (the “Amendment”) is made on the 15th
day of
April, 2006, between:
(1)
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Corgi
International Limited (aka Zindart Limited), a company incorporated
under
the laws of Hong Kong and whose registered office is at Xxxx 00,
00/X.,
Xxx Xxx Xxxxxx, 00-00 Xx Xxx Xxx Xxxxxx, Xx Xxx, Xxx Xxxxxxxxxxx,
Xxxx
Xxxx (the "Company");
and
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(2)
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Xxxxxxx
X. Xxxxxx of 18B The Manhattan, 00 Xxx Xxx Xxxx, Xxx Xxx, Xxxx
Xxxx
("Employee").
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WHEREAS:-
(A)
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The
Company and Employee have entered into an Employment Agreement
for Xxx
Xxxxxx (the “Agreement”) on the 30th
of
August, 2002.
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(B)
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The
Company and Employee mutually wish to amend the Agreement to modify
the
Terms of Employment as set out
therein.
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NOW
THIS
AMENDMENT HEREBY WITNESSES AS FOLLOWS:-
1.
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Definitions
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Unless
otherwise indicated, all terms are as defined in the Agreement.
2.
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Term
of Employment; Termination
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A.
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The
following terms supersede such similar terms as noted under clause
2,
“Term of Employment; Termination” of the Agreement.
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B.
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Employment
may be terminated by the Company without cause twelve (12) months
after
the Company gives written notice to Employee of his
termination.
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C.
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Employee
will have the right to work during the initial six (6) months of
the
notice period, while seeking other employment.
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D.
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Upon
Employee’s or Company’s request during the notice period, Company will
release Employee and provide to Employee pay in lieu of the remaining
notice period.
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IN
WITNESS WHEREOF the parties have entered into this Amendment on the day and
year
first above written
SIGNED
by Xxxxxx Xxxxxxxxx
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)
|
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For
and on behalf of CORGI
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)
|
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INTERNATIONAL
LIMITED
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)
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/s/
Xxxxxx X. Xxxxxxxxx
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in
the presence of:-
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)
|
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/s/
Xxxx Xxx
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||
Witness
Xxx Xxxxx Man
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||
SIGNED
by XXXXXXX X. XXXXXX
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)
|
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in
the presence of:-
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)
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/s/
Xxxxxxx X. Xxxxxx
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/s/
Xxxxxxxxxxx Xxxxxxxx
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|
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Witness
Xxxxxxxxxxx Xxxxxxxx
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