Document:

Exhibit 10-20

 Exhibit 10.20 

 THIS AGREEMENT made effective as of the 29th day
  of October, 1996, is between Titan Sports, Inc., a Delaware corporation (“Titan”),
  with its principal place of business at 1241 East Main Street, Stamford, CT
  06902 and Jim Ross (“Employee”).  

 WITNESSETH:  

 For and in consideration of the mutual undertakings
  herein set forth, the parties agree as follows:  

       1.  Employment
  

 (a) Titan herby engages Employee to render his
  exclusive services to Titan during the Term of this Agreement. Employee hereby
  accepts such employment and undertakes to perform all the duties and obligations
  assumed by him hereunder. Employee’s services shall include but not be
  limited to: (i) acting as a Vice President performing functions in the area
  of talent relations; (ii) perfo rmances as a host, MC, Interviewer, Announcer,
  or Performer (other than as a wrestler in the ring) for all promos, voice overs,
  home video cassettes and other related services on all of Titan’s television
  and radio programs (now in existence or to be created) which shall include Free
  TV, Cable TV, closed circuit and Pay Per Vie w TV, live or recorded; (iii) participation
  in related program conferences, rehearsals or costume fittings; (iv) participation
  in any special projects whatsoever produced or promoted by Titan that may require
  a Host, MC, Interviewer, Announcer, Commentator or Performer (other than as
  a wrestler in the ring); (v) participation in any advertising or promotion Titan
  may schedule for any of Titan’s Programs or events including but not limited
  to NAPTE, NCTA and VSDA conventions; (vi) participation at live wrestling events
  (other than as a wrestler in the ring) promoted by Titan (collectively the “Programs”);
  and (vii) participation as a Producer, Host, MC, Interviewer, Announcer, Commentator
  or Performer for Titan’s 900 number. Employee will render such services
  whenever and wherever Titan may reasonably require and such services will be
  performed in a competent, conscientious and professional manner. The Employee
  shall devote his full time, attention and energy to the performance of his services
  hereunder. Employee shall promptly and faithfully comply with all the instructions,
  directions, requests, rules and regulations of Titan in connection herewith.
  All such services may be changed upon notice to Employee by Titan.  

 (b) Except as above stated, Employee shall not
  during the Term of this Agreement permit the issuance of any advertising, exploitation,
  publicity or appearances whatsoever concerning him without Titan’s prior
  written consent, nor shall he announce or make known directly or indirectly,
  by paid advertisement, press notice or otherwise, that he has contracted to
  perform any services contrary to the terms hereof.  

       2.  Territory
  

 The Territory for this Agreement shall be the
  entire world.  

     3.  Term 

 The Term of this Agreement shall be for a period
  of ten (10) years, unless terminated earlier pursuant to this Agreement (the
  “Term”). Notwithstanding anything herein to the contrary, termination
  of this Agreement for any reason shall not affect Titan’s sole and exclusive
  ownership of and exclusive rights to any Programs; the “Rights, Results,
  Products, and Proceeds” in and to and derived from Employee’s performance
  or services during the term of this Agreement as set forth in Paragraphs 10,
  11, and 12 hereof; and the exploitation of the Rights hereof in any and all
  media whether now known or hereafter developed; and any agreement concerning
  all of the Rights to Employee’s Name and Likeness.  

      4.  Compensation
  

 (a) Provided Employee duly performs his obligations
  hereunder, Titan shall pay him for his services and for any and all rights herein
  granted and agreed to be granted by him to Titan compensation in the amount
  of TWO HUNDRED THOUSAND DOLLARS ($200,000.00) per year, payable in equal, bi-weekly
  installments. In addition, Employee will be eligible to participate in the Talent
  Pool.  

      Moreover, Employee
  may be considered for additional compensation by way of bonus. The eligibility
  for and calculation of any such bonus shall be determined by Titan in its sole
  discretion. 

      Titan shall have
  the right to deduct and withhold from Employee’s Compensation any amounts
  required to be deducted and withheld pursuant to any present or future law,
  including, but not limited to, applicable tax law. Payment of the aforementioned
  Compensation shall be payment in full for all services, and all Rights, Results
  and Proceeds (as further described in paragraph 10, 11 and 12 below) including,
  but not limited to, any and all uses, reuses, and recompilation(s), of the aforesaid
  in perpetuity, in any and all media whether such media is now or hereafter in
  existence, sold by Titan or any of its licensees to the public which may feature,
  whether prominently or not, Employee’s Name and Likeness in any manner
  whatsoever. Employee shall not be entitled to nor receive any additional royalties,
  fees, commissions, appearance money, etc. in connection therewith, and Employee
  agrees to indemnify and hold Titan, its officers, employees and/or other representatives
  harmless, in perpetuity, in connection therewith.  

 (b) In addition, said Compensation shall be inclusive
  of any union(s) dues, fees and/or payments, whether pension or otherwise, which
  may be due from Titan in connection with Employee’s services or performances
  as same are set forth herein. All such dues and payments shall be collectible
  solely and directly from Employee who indemnifies and holds Titan, its officers,
  employees and assigns harmless in connection therewith.  

 (c) Travel and accommodation expenses incurred
  by Employee in the performance of his duties hereunder and at the direction
  of Titan will be paid by Titan in accordance with Titan’s then current
  Travel Policy. All air travel, bonus trips, frequent flyer bonuses or other
  similar discounts and incentives earned or procured by Employee will be used
  to benefit Titan or reduce Titan’s cost herein.  

       5.  Option
  to Suspend or Terminate 

 Titan shall have the right to suspend or terminate
  the operation of this Agreement, both as to services and compensation, if any
  of the following occurs:

	(a)	The inability of the Employee to fully perform
      his obligations hereunder by reason of mental health or physical incapacity
      or accident or any other cause that renders such non-performance impossible
      or otherwise excusable by law; 
	 	 
	(b)  	The hampering or interruption of the operation
      of the business by force majeure, economic reasons, or any other cause beyond
      Titan’s control;  
	 	 
	(c)	The failure or refusal of the Employee to
      render his required services hereunder when and wherever instructed by Titan;
      
	 	 
	(d) 	The breach by the Employee of any provision
      of this Agreement; or 
	 	 
	(e)    	The determination by Titan (notwithstanding
      the reason) that Employee’s performance does not meet the standards
      of performance which Titan, at its sole discretion, requires. 

     In the event of the
  suspension of this Agreement, Titan shall give the Employee immediate notice
  of same. Upon the resumption of the operation of this Agreement, Titan shall
  have the right but not the obligation, to extend the Term hereof for a period
  equal to all or any part of the period of suspension. Any such right of extension
  shall be exercised by notice served in writing upon the Employee prior to the
  expiration of the then current Term. Nothing herein contained shall be construed
  to alter Employee’s or Titan’s rights under applicable law. 

      In the event of
  the termination of this Agreement in accordance with any of the foregoing provisions,
  Titan shall, upon termination, be released from all further obligations to the
  Employee hereunder, including payment of the Compensation hereunder, except
  that it shall be liable to the Employee for such Compensation as may have been
  unpaid prior to said suspension or termination. Termination by Titan shall not
  be deemed to be a waiver on its part of any other rights or remedies it may
  have by reason of the circumstances on which the termination is predicated.
  Notwithstanding anything herein to the contrary, in the event Employee is terminated
  for reasons other than those set forth in (a) through (d) above, Titan agrees
  that Employee’s compensation as provided in Paragraph 4(a) shall be continued
  as follows:  

	 	 	(i)	 if the Employee is terminated during the
      first three years of this Agreement, this compensation shall be continued
      for six (6) months;
	 	 	 	 
	 	 	(ii)	if Employee is terminated in the fourth, fifth
      or sixth contract year, his compensation shall be continued for nine (9)
      months;
	 	 	 	 
	 	 	(iii)

        	if Employee is terminated after completion
      of the sixth contract year up until expiration hereof, Employee’s compensation
      shall be continued for twelve (12) months.
	 
	     However,
      regardless of when employee is terminated, Employee’s right to participate
      in the Talent Pool or to accumulate any other compensation or benefits shall
      immediately terminate.
	 
	      6. Benefits
	 
	Employee shall be eligible for
      then current benefits (including but not limited to medical, dental, life,
      workers’ compensation insurance and short term and long term disability
      benefits where Employee is eligible) in the same manner and to the same
      extent as other Titan employees and pursuant to Titan’s then current
      Employee Handbook.
	 
	      7. Gym
      Membership
	 
	Employee shall be provided with
      a complimentary family membership to the Titan gym during the term of this
      Agreement. Employee and family members shall execute all documents required
      of all members and be subject to all rules and regulations of the gym.
	 
	      8. Services
      Exclusive
	 
	Employee shall render his services
      solely and exclusively for Titan throughout the Term hereof as follows:
	 	 	 
	 	(a)

        	Employee shall not grant to other,
      during the Term of this Agreement, the right to use his Name, Voice and/or
      Likeness for the purpose of promoting and advertising the same or in connection
      with third party products or services.
	 	 	 
	 	(b)	Employee shall not during the
      Term of this Agreement permit the issuance of any advertising, exploitation
      or publicity whatsoever concerning him without Titan’s prior written
      consent, nor shall he announce or make known directly or indirectly, by
      paid advertisement, press notice or otherwise, that he has contracted to
      perform any services contrary to the terms hereof.

	 	(c)  	Employee grants to Titan the
      exclusive right to use and reuse in perpetuity his Name and Likeness and
      Voice as same shall appear in the Programs and in any and all print and
      related media produced, published and/or distributed during the Term hereof,
      including without limitation, in any interactive, video/computer software,
      and/or home video cassettes produced by Titan or any of its licensees in
      connection therewith, with no further compensation other than that indicated
      in paragraph 4 above.
	 
	      9. Morals
	 
	During the Term hereof,
      Employee shall act at all times with due regard to public morals and conventions.
      If Employee shall have committed or shall commit any act or do anything
      that is or shall be an offense involving moral turpitude under Federal,
      state or local laws, or which brings Employee and/or Titan into public disrepute,
      contempt, scandal or ridicule, or which insults or offends the community,
      or which injures the success of Titan or any of Titan’s products or
      services, then at the time of any such act or any time after Titan learns
      of any such act, Titan shall have the right, in addition to its other legal
      and equitable remedies, including injunctive relief, to terminate this Agreement
      forthwith.
	 	 	 
	 	10.

      	Plugola and Payola
	 
	     Employee
      understands that it is a Federal offense, unless disclosed to Titan to:
	 	 	 
	 	(a)	Give or agree to give any member
      of the production staff, anyone associated in any manner with the Programs,
      or any representative of any station or network any portion of his compensation
      or anything else of value for arranging his appearance on the Program(s).
	 	 	 
	 	(b)	Accept or agree to accept anything
      of value, other than his or her regular compensation for services on the
      Programs, to promote any product, service or venture on the air, or use
      any prepared material containing such a promotion where Employee knows the
      writer received consideration for it.
	 
	Employee hereby warrants
      that he has not and will not accept or pay any such consideration or agree
      to do so, which may be construed to be in contravention of the requirements
      of the Federation Communications Act. In the event such consideration has
      been or is offered, accepted, or paid, voluntarily or involuntarily, full
      disclosure must be promptly made to Titan. Any breach of such understanding
      shall give Titan the right to immediately terminate this Agreement.

	 	11. Ownership of
      Results and Proceeds: Grant of Exclusive Rights
	 
	In addition to Employee’s
      services, Titan shall be entitled to, and shall own, solely and exclusively,
      all the Results and Proceeds thereof, and all Rights of every kind therein.
      Employee acknowledges that his appearances, services and contributions to
      the Programs shall be deemed work for hire under the United States Copyright
      Act of 1976, as amended (17.U.S.C.ss.101, et seq.) The Employee grants all
      the following worldwide rights exclusively to Titan all of which rights
      will be and remain the property of Titan, forever:
	 	 	 
	      	(a)      	To own in perpetuity all of the
      Rights, Results, Products and Proceeds in and to, or derived from, Employee’s
      services he reunder (including, without limitation, all incidents, dialogue,
      characters, character names, actions, gags, routines, ideas, titles, inventions,
      and other material written, composed, submitted, added, improvised, interpolated
      and invented by Employee in connection with the rendering of Employee’s
      services hereunder) and to obtain copyright and/or trademark protection
      therefor in the name of Titan or Titan’s designee:
	 	 	 
	 	(b)

        	During the Term of this Agreement,
      to film, tape or otherwise record, or to authorize others to do so by any
      media now known or hereafter created, any or all of the services performed
      by Employee under this Agreement;
	 	 	 
	 	(c)

        	During and after the Term of
      this Agreement, to produce, reproduce, manufacture, record, perform, exhibit,
      broadcast, televise by any form of television or other media, whether now
      or hereafter in existence, (including, without limitation, free, cable,
      interactive, pay cable, closed circuit and pay-per-view television), transmit,
      publish, copy, print, reprint, vend, sell, distrib ute, reissue, reconfigure
      and use and authorize others to do so, the product of Employee’s services
      hereunder in perpetuity and in any manner or media and by an art, method
      or device, now known or hereafter created including, without limitation,
      by means o f videodisc, videocassette, interactive video/computer software
      and/or theatrical motion picture and non-theatrical motion pictures;
	 	 	 
	 	(d)

        	To use, and to authorize others
      to use, during and after the Term hereof, in any and all media now known
      or hereafter created, Employee’s legal and performing Name, Likeness,
      photograph, biography, voice, signature, caricatures, characteristics, routines
      and any costumes and/or props used by or associated with Employee in connection
      with his services hereunder in advertising and/or publicity in connection
      with Employee’s services and/or the exercise of the rights granted
      to Titan hereunder; and
	 	 	 
	 	(e)

        	During the Term of this Agreement,
      to solicit, negotiate and enter into agreements for and on Employee’s
      behalf for the exploitation of

 
  

	 	                	merchandising, commercial tie-up,
      publishing personal appearance, performing at Titan events and other non-wrestling
      related events and endorsements rights in and to Employee’s Name and
      Likeness. 

       12. Agreements
  for Rights 

 Employee is relying on Titan’s expertise
  in connection with the exploitation of the Rights and Employee’s approval
  shall not be required in order for Titan to enter into any agreement which authorizes
  the exploitation anywhere in the world of any or all of the Rights, particularly
  the right in and to Employee’s Name and Likeness. Employee agrees to execute
  any such agreements and if Employee is unavailable or refuses to execute such
  agreements, Titan is hereby authorized to do so in Employee’s name as Employee’s
  attorney- in- fact.  

       13. Titan’s
  Control 

 Employee acknowledges the right of Titan to make
  any changes in the product of any of the Employee’s services hereunder
  in the preparation and exploitation of the Programs or the other Rights granted
  hereunder, and, in this connection, Employee acknowledges and agrees that Titan’s
  reasonable decision with respect to any agreements disposing of the Right to
  Employee’s Name and Likeness or the exercise of any other rights hereunder
  will be final.  

       14. No
  Obligation to Use Services 

 Subject to Titan’s obligation to pay the
  Employee the compensation specified in Paragraph 4 (except in the event of Employee’s
  breach, default or any other happening pursuant to paragraph 5 above), Titan
  shall not be obligated to use the Employee’s services or to include Employee’s
  work in any Program or Event, and Titan shall not be liable to the Employee
  in any way for failure to do so in whole or in part.  

       15. Trademarks
  

 In addition to these rights as described in Paragraphs
  7 and 10 herein, if Titan develops service marks, trademarks, and/or distinctive
  and identifying indicia for Employee, they shall belong to Titan in perpetuity
  and Titan shall have the exclusive right to use, reuse and to authorize others
  to use and reuse same in any media whatsoever throughout the world whether now
  known or hereafter developed.  

       16. Indemnification
  

 Employee hereby indemnifies Titan, its officers,
  directors, agents, employees, independent contractors, representatives, successors
  and assigns and Titan’s licensees, assignees and affiliates and their respective
  officers, directors, agents, employees, independent contractors, representatives,
  successors and assigns, and hold each of them harmless from any claims, demands,
  liabilities, actions, costs, suits, proceedings or  

 expenses (including, witho ut limitation, reasonable
  legal fees and expenses) incurred by any of them arising out of or related to
  the breach or alleged breach of any warranty, undertaking, representation, agreement
  or certification made or entered into herein or hereunder by Employee including
  the above and/or arising out of or related to Employee’s conduct within,
  or around the ring, hallways, dressing rooms, parking lots, or other areas within
  the immediate vicinity of the facilities where Titan has a production, program
  or event or where Employee is appearing, performing and/or engaged on Titan’s
  behalf.  

 Titan shall indemnify Employee and hold Employee
  harmless from any claims, demands, liabilities, actions, costs, suits, proceedings
  or expenses (including reasonable attorney’s fees and expenses) incurred
  by Employee arising out of or related to the breach or alleged breach of any
  warranty, undertaking, representation, agreement or certification made or entered
  into herein or hereunder by Titan.  

       17. Life
  Insurance 

 Titan shall have the right, at its election and
  expense, to obtain additional life or other insurance upon Employee other than
  that provided to all other employees in such amounts as it may determine including,
  but not limited to, insurance against the failure of Employee to appear and
  to participate in any Program or Event. Employee shall have no right, title
  or interest in or to any such insurance. Employee agrees to cooperate and assist
  in Titan’s obtaining such physical or other examinations of Employee as
  may be required to obtain such insurance and by preparing, signing, and delivering
  such application and other documents as may reasonably be required. 

       18. Equitable
  Rights 

 It is mutually agreed that Employee’s services
  are special, unique, unusual, extraordinary and of an artistic character, giving
  them a particular value which cannot be reasonably or adequately compensated
  for in money damages at law and which are incapable of replacement. Employee
  acknowledges and concedes that Titan would be irreparably harmed by Emp loyee’s
  breach of any of the terms or conditions of this Agreement and that Titan shall
  be entitled to an injunction restraining Employee from committing or continuing
  said breach without the necessity of proving the inadequacy of money damages.
  Notwithstanding the foregoing, nothing herein set forth shall be construed as
  prohibiting or otherwise restricting Titan from pursuing any other remedies
  available to it for such breach or threatened breach, including the recovery
  of money damages from Employee.  

       19. Deductions
  

 Titan shall have the right to deduct and withhold
  from the Employee’s Compensation any amounts required to be deducted and
  withheld by it pursuant to any present of future law, including, but not limited
  to applicable tax law.  

 

	      	(a)     

      	If Titan makes any payments or
      incurs any charges for the Employee’s account or if the Employee incurs
      any charges with Titan, Titan shall have the right to recoup such payments
      or charges by deducting the aggregate amount thereof from any compensation
      then or thereafter payable to the Employee hereunder. This provision shall
      not limit or exclude any other right of recovery that Titan may have.
	 	 	 
	 	(b)

        	Nothing herein contained shall
      be construed to obligate Titan to make such payments or incur such charges
      or to permit the Emplo yee to incur such charges.
	 	 	 
	 	(c)

        	If the Employee claims that any
      such deduction is unauthorized, he shall so notify Titan and due consideration
      shall be given to the merits of his claim; but the making of any such deduction
      shall not constitute a breach of this Agreement by Titan even though it
      may ultimately be found to have been unwarranted.
	 	 	 
	 	(d)

        	If Titan pays the Employee any
      compensation that the Employee is not entitled to receive, the Employee
      shall repay such compensation to Titan on demand, or Titan may at its option,
      recoup the amount thereof by deducting same from any compensation thereafter
      payable to the Employee.
	 	 	 
	 	20.  	Warranty
	 
	Employee represents,
      warrants, and agrees that he is free to enter into this Agreement and to
      grant the rights herein granted to Titan; he has not heretofore entered
      and shall not hereafter enter into any contract or agreement which is in
      conflict with the full provisions hereof or which would or might interfere
      with the full and complete performance by Employee of his obligations hereunder
      or the free and unimpaired exercise by Titan of any of the rights herein
      granted to it; Employee further represents and warrants that there are no
      pending claims or litigation affecting Employee which would or might interfere
      with the full and complete exercise or enjoyment by Titan of any rights
      and licenses granted hereunder.
	 
	Employee represents,
      warrants and agrees that he is able to perform the major functions required
      under this Agreement; and that he is free from the influence of illegal
      drugs or controlled substances, which can threaten his well-being and pose
      a risk of injury to himself or others. To insure compliance with this warranty,
      Employee shall abide by Titan’s Drug Policy and consents to the sampling
      and testing of his urine in accordance with such policy and insofar as permitted
      by applicable law.
	 
	Employee further
      represents, warrants, and agrees that he will not, during or after the Term
      of this Agreement, reveal to any person, corporation or entity, any trade
      or business secrets of Titan.

 
 In addition, for due and ample consideration,
  Employee represents, warrants, and agrees that he will not, during or after
  the Term of this Agreement, profit in any way by publishing, writing, or otherwise
  revealing trade or business secrets of Titan. Employee understands that he will
  also be required to sign a separate Confidentiality Agreement.  

       21. Clause
  Headings 

 The headings of the clauses of this Agreement
  are solely for the purpose of convenience. They are not a part hereof, and shall
  not be used in the construction of any provision.  

       22. Construction
  

 This Agreement shall be construed in accordance
  with the laws of the State of Connecticut all disputes arising hereunder shall
  be submitted to the Courts of that State. Employee thus agrees to submit to
  the personal jurisdiction of the Connecticut courts.  

       23. Waiver
  

 No waiver by either party of the breach of any
  provision of this Agreement shall be deemed to be a waiver of any preceding
  or succeeding breach of the same or similar nature.  

       24. Assignment
  

 Titan shall have the right to assign, license
  or transfer any or all of the rights granted to it hereunder to any person,
  firm, or corporation and, if any assignee shall assume in writing Titan’s
  obligations hereunder, Titan shall have no further obligations to Employee hereunder.
  Employee may not assign, transfer or delegate his rights or obligations hereunder
  (except rights to monies owed him by Titan) and any attempt to do so shall be
  void.  

       25. Notices
  

 Any notices required or desired hereunder shall
  be in writing and sent postage prepaid by certified mail, return receipt requested,
  or by prepaid telegram addressed as follows, or as the parties may hereafter
  in writing otherwise designate:  

        TO TITAN:
  

  

        Linda E. McMahon 

        Chief Executive Officer 

        1241 East Main Street 

        Stamford, Connecticut 06902  

        TO EMPLOYEE:
   

	The date of mailing
      of any notice shall be deemed the date notice was provided.
	 	 	 
	      	26.    	Miscellaneous
	 	 	 
	 	(a)

        	This Agreement contains the entire
      understanding of the parties with respect to the subject matter hereof and
      all prior understandings, negotiations and agreements are merged in this
      Agreement. There are no other agreements, representations, or warranties
      not set forth herein with respect to the subject matter hereof, and this
      Agreement may not be changed or altered except in writing signed by Titan
      and Employee.
	 	 	 
	 	(b)	In the event any part or parts
      of this Agreement are declared invalid or unenforceable, such declaration
      shall not affect any other or remaining provisions.
	 
	IN WITNESS WHEREOF,
      the parties hereto have executed this Agreement as of the date and year
      first above written.
	 
	TITAN SPORTS, INC.
	 
	By:   	/s/ Linda E. McMahon 
      
	

	Linda E. McMahon
	 	Chief Executive Officer
	 
	 
	EMPLOYEE
	 
	By:   	/s/ Jim Ross 
      
	

	Jim Rossd13212_ex10-20a

 Exhibit 10.20A  

 March 12, 2001  

 Mr. Jim Ross  

	Re:      	World Wrestling Entertainment, Inc. f/k/a
      Titan Sports, Inc. (“WWE”) -w- Jim Ross/Amendment to Employee
      Agreement

 Dear Jim:  

 Reference is made to that certain agreement between
  the parties made effective as of October 29, 1996 (“Agreement”), for
  good and valuable consideration, the receipt and sufficiency of which are hereby
  acknowledged, the parties have agreed to amend the Agreement as follows (“First
  Amendment”).  

	1.      
	The parties hereby
      agree to amend paragraph 4 entitled “Compensation” to add the
      following subparagraph (d):

 “ (d) With regard to that certain book entitled
  “Can You Take the Heat” (“Cookbook”), (i) Employee shall
  be paid twenty-five percent (25%) of the Cookbook’s Net Receipts received
  by WWE. The Cookbook’s Net Receipts means the gross amount received by
  WWE less expenses incurred by WWE or its licensing agent for the Cookbook; (ii)
  Employee shall be paid five percent (5%) of the Direct Sales Net Receipts derived
  by WWE. The Cookbook’s Direct Sales Net Receipts means the gross amount
  received by WWE for direct sales of the Cookbook after deduction of local taxes
  and applicable arena commissions allocated for concession sales and cost of
  goods; and (iii) Net Receipts and Direct Sales Net Receipts shall be payable
  post termination or expiration of the Agreement and shall be payable to Employee’s
  heirs post death.”  

	2.      
	All terms not defined herein shall
      have the same meaning given them in the Agreement. Except as expressly or
      by necessary implication modified hereby, the terms and conditions of the
      Agreement are hereby ratified and confirmed without limitation or exception.

Please confirm your acceptance of this First Amendment
  as set forth above by signing and notarizing in the space provided on each of
  the enclosed two (2) copies and return them to me. One (1) fully executed copy
  will be returned to you for your files. Thank you in advance for your prompt
  attention to this matter.  

	ACKNOWLEDGED AND AGREED:	 	 	 
	 	 	 	 
	WORLD WRESTLING	                	JIM ROSS
	ENTERTAINMENT, INC.	 	 	 
	(“WWE”)	 	 	 
	 	 	 	 
	By:    	/s/ Edward L. Kaufman	 	By:     
        
	/s/ Jim Ross

	 	
	 	 	

	 	Edward L. Kaufman	 	 	Jim Ross
	 	Senior Vice President and General Counsel

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