February 11, 2008

 

 

Mr. James J. Cramer

c/o TheStreet.com, Inc.

14 Wall Street

15th Floor

New York, NY 10005

 

 

Re:

Employment Agreement, dated as of August 1, 2005 (the “Employment Agreement”)
and the Employment Agreement Amendment dated December 7, 2007 (the “Amendment”),
between you and TheStreet.com, Inc., (the “Company”).

 

 

Dear Jim:

 

Reference is made to the Employment Agreement and the Amendment, which is set to
expire on February 15, 2008. We wish to extend the Term of the Employment
Agreement through April 15, 2008 at your current Annual Salary. Capitalized
terms used and not defined herein have the same meanings ascribed to them in the
Employment Agreement.

 

In consideration of the foregoing and of the mutual agreements of the parties
contained herein, the parties hereby agree as follows:

 

 

1.

The Term of the Employment Agreement is hereby extended, and shall expire on
April 15, 2008.

 

 

 

2.

The Annual Salary payable to you under the Employment Agreement shall be
$1,000,000 which is equal to your current salary as set by the Compensation
Committee of the Board of Directors of the Company.

 

 

 

3.

Except as expressly modified, amended or supplemented by this letter agreement,
all other terms and provisions of the Employment Agreement shall remain and
continue unmodified in full force and effect.

 

 

 

--------------------------------------------------------------------------------

 

 

If the foregoing accurately reflects your understanding, kindly sign this letter
in the space provided below.

 

Best regards,

 

THESTREET.COM, INC.

 

 

 

By: ______/s/ Tom Clarke_________

 

Thomas J. Clarke, Jr.,

 

 

Chairman & CEO Committee

 

 

 

AGREED & ACCEPTED:

February 14, 2008

 

 

__/s/ James Cramer_________

James J. Cramer