Document:

Annex to Contract of Employment dated October 1, 1999

 Exhibit 10.3 
 Annex to Contract of Employment 
 With effect from 01.10.1999, between 
 Franklin Electronic Publishers Deutschland GmbH 
 and 
 Mr. Walter Schillings 
 it is hereby agreed as follows: 
  

	1.	With retroactive effect from 11.03.1996, Mr. Schillings is hereby exempted from any obligation to pay social security contributions. Consequently, the obligation of Franklin GmbH to
pay the employer’s social insurance contribution no longer applies since 11.03.1999. 

  

	2.	Employer’s contributions for the period 11.03.1996 to 30.09.1999 amounting of DM 45.991,– shall be reimbursed to the benefit of Mr. Schillings by single premium. The
maturity of the single premium is the 15.12.1999. 

  

	3.	A compensation for discontinuance of the employer’s social contributions as from 01.10.1999 will be paid to Mr. Schillings. 

 The compensatory amount shall comprise the social Insurance contributions according to the earnings threshold for
contributions assessment of presently DM 8,500.00 (state pension scheme and unemployment insurance) and according to the annual earnings ceiling of DM presently 6,350.00 monthly (statutory health insurance and compulsory nursing insurance):

  

					
	–	  	state pension scheme	  	
		  	9.75%	  	DM 828.75
			
	–	  	unemployment insurance	  	
		  	3.25%	  	DM 276.25
			
	–	  	health insurance	  	
		  	6.7%	  	DM 427.12
			
	–	  	nursing insurance	  	
		  	0.85%	  	DM 54.19

  

	4.	In the event that the earnings threshold for contributions assessment, the annual earnings ceiling and / or the contribution rates are amended, the basic salary shall be amended
accordingly. 

  

	5.	The compensatory amount of October to december 1999 is paid by a single premium. This single premium is due on 15.12.1999. The compensatory amounts from 01.01.2000 onwards will be
paid monthly according to the ordinary salary. 

  

	6.	Such basic salary increases shall be applicable 

  

 2 

 and shall continue to apply for as long as Franklin GmbH is released from paying employer’s social
insurance contributions for Mr. Schillings. 
 den : 1.10.1999 
  

							
		 	 /s/
	 		 	 /s/ Walter Schillings

		 	 Franklin Electronic
 Publishers (Deutschland)
 GmbH
	 		 	 Walter Schillings

  

 3Annex to Contract dated February 15, 2000

 Exhibit 10.4 
 Annex to Contract of Employment 
 With effect from 15.02.2000, between 
 Franklin Electronic Publishers Deutschland GmbH, represented by its sole shareholder, Franklin Electronic Publishers Euro-Holdings B.V. 
 And 
 Mr. Walter Schillings 
 it is hereby agreed the amendment of Paragraph II, subparagraph 2 and subparagraph 3 (which shall become void) of the service agreement of March 11, 1996 in the actual version, last amended with the supplement of 01.Oct.1999, as follows:

  

	(2)	The terms and conditions of the service agreement with Mr. Schillings shall be continued under a fixed duration period of three years with effect from February 15th 2000 through February 14th 2003. Any extension of this service agreement past February 14, 2003 shall be consummated by the parties, if at all, not later than six month prior to the end of this fixed term, that is prior to
August 15th 2002. 

 In case that the service agreement will be terminated on initiation of Franklin without “important cause” for reasons other than change of control of Franklin Electronic Publishers Inc., Mr. Schillings will
receive as compensation in complete satisfaction of this service agreement a payment equal to his then current salary for the remainder of the term. For the purpose of determination of the annual bonuspayment, the business result at the time of
termination shall be decisive. “Important Cause” is defined in particular but not limited to as dishonesty, fraud or gross negligence. 

 If a change of control of Franklin Electronic Publishers Inc. occurs and the service agreement will be
terminated on initiation of Franklin prior to the ending of the duration period, Mr, Schillings will receive two years the then current salary or the then current salary for the completion of the term, whichever is greater, in complete satisfaction
of this service agreement. For the purpose of determination of the annual bonus payment, the business result at the time of termination shall be decisive. 
 In case the service agreement shall be terminated on initiation of Mr. Schillings prior to the ending of the duration period, he agrees to continue all his management duties and responsibilities for at least of a six
month period since the written declaration that he wants to terminate the service agreement. 
 den : 9.5.2000 
  

							
	 	 	 /s/
	 	 	 	 /s/ Walter Schillings

		 	 Franklin Electronic
 Publishers (Deutschland)

GmbH
	 		 	Walter Schillings

  

 2Contract of Employment dated December 5, 2002

 Exhibit 10.5 
 CONTRACT OF EMPLOYMENT 
 With effect from 5.12.2002, between 
 Franklin Electronic Publishers Deutschland GmbH, represented by its sole shareholder, Franklin Electronic Publishers, Inc. successor in interest to Franklin Electronic
Publishers Euro-Holdings B.V. 
 and 
 Mr. Walter Schillings

 It is hereby agreed the amendment of Paragraph II, subparagraph 2 and subparagraph 3 (which shall become void) of the service agreement of March 11,
1996 in the actual version, last amended with the annex to contract dated 09 May, 2000, as follows: 
  

	1.	The terms and conditions of the service agreement with Mr. Schillings shall be continued under a fixed duration period of three years with effect from February 15, 2003 through
February 15, 2006. Any extension of this service agreement past 

 February 2006 shall be consummated by the parties, if at all, not later than six months prior to the end
of this fixed term, that is prior to August 15, 2005. 
 Independent of the aforementioned, Mr. Schillings has to be notified in writing about
the date of notice of his contract, provided his contract shall not be extended beyond February 15, 2006. This notification shall have to be given within the deadline of six months. In case there is a shorter period of time between the notification
to Mr. Schillings and the factual ending of his contract, the difference arising in his salary as to a six months salary payment is accounted on the basis of his annual salary in the previous year and has to be paid out to Mr. Schillings upon his
leaving the company. Should there be no extension of Mr. Schillings contract and no notification to Mr. Schillings, according to the aforementioned agreement, a six months salary payment shall have to be paid to Mr. Schillings upon his date of
retiring. 
  

 - 2 - 

	2.	In case the service agreement will be terminated on initiation of Franklin without important cause’ for reasons other than change of control of Franklin Electronic Publishers
Inc., Mr. Schillings will receive as compensation in complete satisfaction of this service agreement a payment equal to his then current salary for the remainder of the term. For the purpose of determination of the annual bonus payment, the business
result at the time of termination shall be decisive. Important Cause is defined in particular but not limited to as dishonesty, fraud or gross negligence. 

  

	3.	If a change of control of Franklin Electronic Publishers, Inc. occurs and the service agreement will be terminated on initiation of Franklin prior to the ending of the duration
period, Mr. Schillings will receive two years of the then current salary or the current salary for the completion of the term, whichever is greater, in complete satisfaction of this service agreement. For the 

  

 - 3 - 

 purpose of determination of the annual bonus payment, the business result at the time of termination
shall be decisive. 
  

	4.	In case the service agreement shall be terminated on initiation of Mr. Schillings prior to the ending of the duration period, he agrees to continue all his management duties and
responsibilities for at least a six month period since the written declaration that he wants to terminate the service agreement. 

  

	
	den 5.12.02
	
	 /s/ Walter Schillings

	(Walter Schillings)
	
	                    , date
            
	
	 /s/
                    

	(Franklin Inc.) DIR

  

 - 4 -Offer Letter dated January 5, 2000

 Exhibit 10.6 
 January 5, 2000 
 VIA FACSIMILE 
 Mr. Michael A. Crincoli 
 68 Goodwin Parkway 
 Sewell,
New Jersey 08080 
 Dear Michael: 
 This will confirm our offer
of employment to you: 
  

			
	Position:	  	Your position will be Vice President North American Sales.
		
	Location:	  	Your place of employment will be at Franklin’s headquarters at One Franklin Plaza, Burlington, New Jersey.
		
	Annual Salary:	  	You will be paid bi-weekly at an annual rate of $150,000.
		
	Salary Review:	  	You will be eligible for your first merit increase in June, 2001 during Franklin’s common review process. Your earned increase will be prorated based on your completed months of service
at the time of your salary review.
		
	Bonus:	  	You will be eligible to participate in a Sales Incentive Plan that will reward your achievements in building incremental profit for Franklin in FY2001. You and I will work together in the
development of Franklin’s profit based FY2001 Sales Incentive Plan which will be effective April 1, 2000. Your bonus at target will be 30% of your base salary. Your initial earned award will be prorated based on your date of
hire.
		
	Stock Options:	  	You will be granted a ten-year non-qualified Stock Option to purchase fifteen thousand (15,000) shares of Franklin’s common stock. The option will vest in four equal installments on each
of the first, second, third, and fourth anniversaries of your first day of employment. The grant date will be your first day of employment and the strike price will be the closing price of Franklin’s common stock on the New York Stock Exchange
on that date. In addition, you will participate in Franklin’s standard Stock Option Plan and be eligible for subsequent grants.
		
	Car Allowance:	  	You will receive a bi-weekly car allowance at an annual rate of $10,000.
		
	Benefits:	  	You will be able to participate in Franklin’s major medical, life insurance, dental, disability and 401(k) plans.
		
	Vacation:	  	As of your first day worked, you will be eligible for vacation based on 1.25 days for each month of service that will be completed in the 2000 calendar year.
		
	Start Date:	  	We ask that you start on or before January 31, 2000. Please call me to set a mutually agreed upon date.

 This offer is contingent upon clear reference checks, the successful completion of a physical examination
including a drug screening, and satisfaction of the Immigration Reform and Control Act requirements. Please contact CONCENTRA Medical Center to set up your physical as soon as possible. Directions to the Center are attached. 
  

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 Please sign and date the enclosed copy of this letter, indicating your acceptance, and return it to Sandi von Drateln in
Human Resources in the envelope provided. 
 Once again, I am excited to have you join the team at Franklin and look forward to working with you. If you have
any questions, please do not hesitate to call me at 609-386-2500 extension 6265. 
 Very truly yours, 
 Robert L. Garthwaite 
 Vice President Worldwide Sales & Marketing

  

			
	Accepted by:	 	  

		 	 M. A. Crincoli

  

	Attach:	

  

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