AMENDMENT TO EMPLOYMENT AGREEMENT
This amendment is made and entered into as of the 19th day of September, 2000,
by and between Racing Champions, Inc., an Illinois corporation, and Xxxx X.
Xxxxx. The parties wish to amend paragraphs 3 and 4 of the Employment Agreement
made as of the 30th day of April, 1999, to the following-
'3. Duties. The Employee shall serve as the Vice Chairman of the Company '
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'4. Compensation. As of July 1, 2000, the Employee shall receive a base salary
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of $250,000 per year, . . .'
In witness whereof, the parties have executed this amendment as of the date
first above written, to be effective as of that date.
Racing Champions, Inc.
By /s/ Xxxxxx Xxxx
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Xxxxxx Xxxx, CEO & Chairman
By /s/ Xxxx X. Xxxxx
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Xxxx X. Xxxxx
