Attached files
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| 8-K - 8-K - Summer Infant, Inc. | a12-11564_18k.htm |
Exhibit 10.1
May 3, 2012
Private and Confidential
Edmund J. Schwartz
22 Avon Road
Warren, New Jersey 07059
Re: First Amendment to March Offer Letter Dated March 6, 2012 (“Letter Agreement”)
Dear Ed:
In furtherance of our most recent discussions we have agreed to amend your consulting arrangement with Summer Infant, Inc. (“Summer”) set forth in the Letter Agreement as follows:
1. The parties have agreed that the consulting arrangement will continue to and including March 15, 2013. Summer retains the right to extend the term of this arrangement, in monthly increments, upon not less than thirty (30) days written notice to you.
2. Notwithstanding the extension of the consulting arrangement to and including March 15, 2013, this relationship shall remain a consulting at will arrangement and either party shall have the right, for any reason whatsoever, to terminate the consulting arrangement on not less than ninety (90) days prior written notice to the other party.
3. Except as amended hereby the Letter Agreement is hereby ratified and confirmed.
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Sincerely, | |
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Summer Infant, Inc. | |
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/s/ Jason Macari | |
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Jason Macari | |
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President and CEO | |
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Acknowledged and Agreed to: |
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/s/ Edmund J. Schwartz |
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Edmund J. Schwartz |
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Date: |
5/3/12 |
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