Fourth Amendment to Employment Agreement (September 30th, 2016)
Third Amendment Extending Term of Employment Agreement (June 16th, 2015)
THIS AGREEMENT dated June 11, 2015 between John a/k/a Jack McGrath, an individual ("Executive") and JAKKS Pacific, Inc., a Delaware corporation (the "Company"), amends the Employment Agreement (as such term is defined below) between the Executive and the Company.
Second Amendment to Employment Agreement (May 21st, 2013)
THIS SECOND AMENDMENT (the "Agreement"), dated May 15, 2013 by and between John a/k/a Jack McGrath, an individual ("Executive") and JAKKS Pacific, Inc., a Delaware corporation ("JAKKS" or the "Company") amends the Employment Agreement, defined below and as amended hereby, and is entered into pursuant to Section 20 of the Employment Agreement.
First Amendment to Employment Agreement (August 24th, 2011)
The award of the Annual Performance Bonus for fiscal years 2011, 2012 and 2013 shall be determined by criteria (the "Bonus Criteria") established as provided in this Agreement. The 2011 Bonus Criteria are set forth on Exhibit D; the 2011 Annual Performance Bonus shall be in the amount of (i) the percentage set forth on the table annexed at Exhibit C that corresponds to the Company's 2011 Adjusted EPS multiplied by (ii) Executive's Base Salary for calendar year 2011. The Bonus Criteria for fiscal years after 2011 shall be measured by the level of the Company's Adjusted Earnings Per Share growth over the preceding fiscal year and the levels of increase in Adjusted Earnings Per Share for the fiscal year for which the Bonus Criteria are established and the corresponding percentage of Base Salary figures (which shall in any event provide for an Annual Performance Bonus of up to 125% of Executive's Base Salary), which shall be established by the Compensation Committee in the exercise of its