Exhibit 10.1

 

March 31, 2004  

Jeffrey Schwartz

President and

Chief Executive Officer

Direct Line: 949.225.4510

FAX: 949.797.0488

jeffreys@autobytel.com

 

Robert S. Grimes

R.S. Grimes & Co., Inc.

595 Madison Ave., 39th Floor

New York, NY 10022

 

Dear Mr. Grimes:

 

Reference is hereby made to that certain Consulting Agreement entered between
Autobytel Inc. (formerly autobytel.com inc.) and Robert Grimes as of April 1,
2000 and amended March 19, 2002 and March 10, 2003.

 

The parties hereby agree to extend the term of the agreement through September
30, 2004 and then on a month to month until either party notifies the other of
its election to terminate the agreement which shall be effective at the end of
the month that the notice is sent. All other terms and conditions remain
unchanged.

 

Please evidence your agreement with the foregoing by signing below and returning
a copy to the undersigned.

 

Very truly yours,

Autobytel Inc.

By:  

/s/    Jeffrey Schwartz

   

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    Jeffrey Schwartz

 

AGREED AND ACCEPTED

 

This 31st day of March, 2004

/s/    Robert S. Grimes

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Robert S. Grimes