1. | Section 1(b) of the Agreement is hereby amended by deleting the first sentence thereof and replacing it with the following: |
2. | Section 2(a) of the Agreement is hereby amended by deleting “$356,000” in the first line thereof and replacing it with “$897,000”. |
3. | The definition of “good reason” in Section 7(d) of the Agreement is hereby amended by deleting the phrase “Chief Executive Officer of the Company” in clause (ii) thereof and replacing such phrase with “Board of Directors”. |
4. | Section 13 of the Agreement is hereby amended by deleting the first sentence thereof and replacing it with the following: |
5. | Capitalized terms not defined in this Amendment shall have the meanings ascribed to them in the Agreement. |
6. | Except to the extent amended hereby, all terms, provisions and conditions of the Agreement are hereby ratified and shall continue in full force and effect and the Agreement shall remain enforceable and binding in accordance with its terms. |
7. | This Amendment shall be governed by and construed in accordance with the laws of the State of Illinois, without giving effect to the conflicts of laws principles thereof. The parties consent to jurisdiction and venue in any federal or state court of competent jurisdiction located in the City of Chicago. |
8. | This Amendment may be executed in one or more counterparts (including by means of facsimile signature pages), each of which shall be deemed an original, but all of which together shall constitute a single instrument. |
FTD COMPANIES, INC. By: /s/ Robert Berglass Name: Robert Berglass Title: Chairman of the Board | SCOTT LEVIN /s/ Scott Levin |