0001193125-10-106281 Sample Contracts

RELEASE AGREEMENT
Release Agreement • May 4th, 2010 • Leapfrog Enterprises Inc • Games, toys & children's vehicles (no dolls & bicycles)
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EMPLOYMENT AGREEMENT
Employment Agreement • May 4th, 2010 • Leapfrog Enterprises Inc • Games, toys & children's vehicles (no dolls & bicycles) • California

This EMPLOYMENT AGREEMENT (“Agreement”), is entered into between LEAPFROG ENTERPRISES, INC., a Delaware corporation (the “Company”), and WILLIAM CHIASSON (“Executive”) and shall be deemed effective as of March 1, 2010 (the “Effective Date”). The Company and Executive are each separately referred to as a “Party” and collectively as the “Parties.”

LEAPFROG ENTERPRISES, INC. Suite 100 Emeryville, CA 94608-1071
Leapfrog Enterprises Inc • May 4th, 2010 • Games, toys & children's vehicles (no dolls & bicycles) • California

This letter (the “Agreement”) sets forth the terms of your resignation from employment with LeapFrog Enterprises, Inc. (the “Company”) and transition to the role of Executive Chairman of the Company’s Board of Directors (the “Board”).

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