AMENDMENT TO
SPLIT-DOLLAR AGREEMENT
THIS AMENDMENT TO SPLIT-DOLLAR AGREEMENT is executed on July 12, 2001,
effective as of March 28, 2001, by and among Sharper Image Corporation, a
Delaware Corporation, with principal offices in the State of California, ▇▇▇▇▇▇▇
▇. ▇▇▇▇▇▇▇▇▇▇, and ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, Trustee of the ▇▇▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇
Irrevocable Trust of 1995, who are hereafter collectively referred to as the
"Parties" and individually as a "Party".)
WHEREAS, the Parties entered into a Split-Dollar Agreement on July 30,
1997, effective as of May 22, 1997 with respect to certain Policies insuring the
life of ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇; and
WHEREAS, the Policies that were the subject of the Split-Dollar
Agreement have been replaced by Prudential Life Insurance Company of America
Variable Universal Life Insurance Policy Number V9601360 (the "New Policy"); and
WHEREAS, the Parties intend that the New Policy shall be subject to the
Split-Dollar Agreement.
NOW, THEREFORE, the Parties agree as follows:
1. All references in the Split-Dollar Agreement to the "Policies" or a
"Policy" shall be deemed to refer to the New Policy.
2. All references in the Split-Dollar Agreement to the "Policies" or a
"Policy" shall be deemed to refer to Prudential Life Insurance Company of
America.
3. Exhibit A shall be modified to read as hereafter provided.
IN WITNESS WHEREOF, the Parties have executed multiple original copies
of this amendment on the date written in the introductory paragraph.
Sharper Image Corporation
By: /s/
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Secretary
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/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇
---------------------------------
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
/s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇
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▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, Trustee of the
▇▇▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇
Irrevocable Trust of 1995
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EXHIBIT A
The following life insurance policy is subject to the attached Split-Dollar
Agreement
Insurer: Prudential Life Insurance Company of America
Insured: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇
Policy Number: V9601360
Face Amount: $15,737,572
Date of Issue: March 28, 2001
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