Attached files
file | filename |
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EXCEL - IDEA: XBRL DOCUMENT - CROWN MEDIA HOLDINGS INC | Financial_Report.xls |
10-K - 10-K - CROWN MEDIA HOLDINGS INC | a2223120z10-k.htm |
EX-23.2 - EX-23.2 - CROWN MEDIA HOLDINGS INC | a2223120zex-23_2.htm |
EX-31.1 - EX-31.1 - CROWN MEDIA HOLDINGS INC | a2223120zex-31_1.htm |
EX-32.2 - EX-32.2 - CROWN MEDIA HOLDINGS INC | a2223120zex-32_2.htm |
EX-21.1 - EX-21.1 - CROWN MEDIA HOLDINGS INC | a2223120zex-21_1.htm |
EX-32.1 - EX-32.1 - CROWN MEDIA HOLDINGS INC | a2223120zex-32_1.htm |
EX-31.2 - EX-31.2 - CROWN MEDIA HOLDINGS INC | a2223120zex-31_2.htm |
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February 18, 2015
Mr. William J. Abbott
Re: Employment Agreement Amendment
Dear Mr. Abbott:
This will confirm our agreement to amend your employment agreement with Crown Media Holdings, Inc. ("Crown") dated May 7, 2009, as subsequently amended (the "Agreement"), as follows:
- 1.
- The
term of the Agreement and your employment by Crown as set out in Paragraph 2 of the Agreement, is extended until December 31, 2016, unless
otherwise terminated in accordance with the terms of the Agreement.
- 2.
- Section 8(a)(iii)
shall be amended by replacing "December 31, 2011" with "December 31, 2016, or such other date to which the Term is
extended by amendment or automatic renewal."
- 3.
- Effective as of March 1, 2015, your base salary as set forth in Paragraph 3(a) shall be Eight Hundred Seventy Two Thousand ($872,000) per year, with an Annual Bonus Target of 80% of base salary and an LTIP Target of 85% of base salary.
Except as amended herein, all other terms of the Agreement will remain in full force and effect.
Very truly yours, Crown Media Holdings, Inc. |
||||
By: |
/s/ DONALD J. HALL, JR. Donald J. Hall, Jr. Co-Chairman of the Board |
Agreed and Accepted:
/s/ WILLIAM J. ABBOTT William J. Abbott |
Crown Media Holdings, Inc.