JAG Media Holdings, Inc.
Exhibit
10.9
JAG
Media Holdings, Inc.
0000
X.X. 00xx Xxxxxx, Xxxxx X00
Xxxx
Xxxxx, XX 00000
November
12, 2008
Xxxxxx
X.
Xxxxxxxxx
c/o
JAG
Media Holdings, Inc.
0000
X.X.
00xx
Xxxxxx,
Xxxxx X00
Xxxx
Xxxxx, XX 00000
Re: Extension
of Amended and Restated Employment Agreement
Dear
Xxx:
This
letter sets forth an agreement amending your current Amended and Restated
Employment Agreement with JAG Media Holdings, Inc. (the “Company”) dated August
31, 2001, as amended November 3, 2005 and November 12, 2007 (the “Agreement”).
Except as specifically agreed hereby, the Agreement, even though it has by
its
terms expired, shall continue in full force and effect through August 31, 2009.
Section references below refer to sections in the Agreement.
Section
1
shall read in full as follows:
“1. Term.
This Agreement will govern the principal terms and conditions of your employment
from August 31, 2004 until August 31, 2009 (the “Term”), and the termination
thereof that occurs during, and in certain as specified below, upon or following
the expiration of the Term.”
The
term
“Year 3” as used in Section 3 shall mean the year ending August 31, 2009.
To
indicate your agreement to the foregoing, please sign and return the enclosed
copy of this letter.
JAG
MEDIA HOLDINGS, INC.
|
|
By:
|
/s/
Xxxxxxx X. Xxxxxxxxx
|
Name: Xxxxxxx
X. Xxxxxxxxx
|
|
Title: President
and Chief Operating Officer
|
Agreed
to and accepted as of the
date
first above written
/s/
Xxxxxx X.
Xxxxxxxxx
XXXXXX
X.
XXXXXXXXX