Document:

exv10w10

Exhibit 10.10

SECOND AMENDMENT TO EMPLOYMENT AGREEMENT

     This Second Amendment (the “Second Amendment”) to that certain Employment Agreement dated as
of July 7, 2007 (“Employment Agreement”) by and between Bernd Stephan (“Employee”) and The Film
Department Holdings LLC, a Delaware limited liability company (the “Company”) is effective as of
July 16, 2009 (the “Effective Date”), and is entered into by and between Company and Employee.

     WHEREAS, Company and Employee have previously entered into the Employment Agreement, as
amended;

     WHEREAS, Company is currently undergoing a recapitalization and restructuring;

     WHEREAS, all of the current management incentive shares held by Employee and all other
employees of the Company will be converted to common stock in a capital structure to be determined
at the sole discretion of the Board of Directors of the Company;

     WHEREAS, the Company is undertaking efforts to launch and operate a United States motion
picture distribution company (hereafter, “US Distribution”); and

     WHEREAS, the Company and Employee have agreed to further amend specific terms of the
Employment Agreement in accordance with the terms set forth below. All capitalized terms not
defined herein shall have the meanings ascribed to such terms in the Employment Agreement.

     NOW, THEREFORE, in consideration of the agreements made herein, the parties hereto agree as
follows:

     1. As of the Effective Date, Employee’s Base Compensation shall be reduced and deferred by an
amount equal to ten percent (10%) of the Base Compensation payable to Employee currently in effect
prior to the Effective Date. The amount of compensation Employee would have earned from and after
the Effective Date and continuing until the Company has achieved US Distribution, if ever, but for
the compensation reduction referred to in the immediately preceding sentence, shall hereafter be
referred to as the “10% Deferment.” Company agrees that no other employee shall reduce/defer less
than 10% of his or her base compensation in

2nd Amendment to Employment Agreement

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connection with the Company overhead reduction occurring as part of this Second Amendment.

     2. Company agrees that provided Employee is then-currently employed with Company, Employee
shall be paid an amount equal to the 10% Deferment promptly following such time, if ever, that
Company actually receives the funding required as part of US Distribution. In connection
therewith, Company agrees that Employee shall be paid the aforementioned 10% Deferment no later
than when any other employee receives any part of his or her 10% Deferment (or greater deferment,
if applicable).

     3. Beginning in the immediately succeeding pay period following the commencement of US
Distribution, if ever, and on a going-forward basis thereafter, if Employee is still employed with
Company, Employee’s Base Compensation shall be increased to an amount equal to the Base
Compensation payable to Employee currently in effect immediately prior to the Effective Date
(hereafter, “Salary Readjustment”).

     4. Employee further agrees that in the event Employee is entitled to payment of a Bonus at any
time following the Effective Date until the occurrence of US Distribution, if ever, Employee and
Company agree that such Bonus will be deferred and payable, if at all per the terms of the
Employment Agreement, upon the occurrence of US Distribution, if ever.

     5. Notwithstanding anything to the contrary provided for in Paragraph 2 of the Employment
Agreement, the Employment Term as defined therein, shall expire July 31, 2011. For purposes of
clarification, Company shall no longer have the right or option to extend the Employment Term for a
second two (2) year period.

     6. The following sentence shall be added immediately following the end of Paragraph 5(a) of
the Employment Agreement:

          “Notwithstanding anything to the contrary herein, but specifically excluding the Salary
Readjustment, Employee acknowledges that any and all increases to Employee’s Base Compensation as
provided herein, shall occur only upon the express consent of the Board of Directors of the
Company, in each instance, in its sole and absolute discretion.”

2nd Amendment to Employment Agreement

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     7. To the extent the payment of any Bonus is guaranteed to Employee or otherwise mandated by
the terms of the Employment Agreement during the period following US Distribution, if ever,
Employee hereby agrees that the payment of such Bonus shall be at the discretion of the CEO and the
President & COO notwithstanding any “most favored nations” clause or similar language, or any other
provision in the Employment Agreement to the contrary.

     8. Employee hereby surrenders, assigns and transfers back to Company all right, title and
interest Employee may have in any management incentive shares. Employee is hereby granted
seventy-two (72) Class M units. Said Class M Units shall be issued on a common equivalent basis to
Class B equity. Vesting procedures and all other terms to be negotiated in good faith with
Sandeman, Inc.

     9. The parties expressly agree and acknowledge that all provisions of the Employment Agreement
except those amended by this Second Amendment shall remain unchanged and in full force and effect.

     IN WITNESS WHEREOF, the parties have duly executed this Second Amendment as of the date first
above written.

THE FILM DEPARTMENT

HOLDINGS, LLC

	 
	/s/ Mark Gill
	 	/s/ Bernd Stephan
	 

	 	 
	By: Mark Gill

	 	BERND STEPHAN
	Its: CEO
	 	 

2nd Amendment to Employment Agreement

3exv10w11

Exhibit 10.11

THIRD AMENDMENT TO EMPLOYMENT AGREEMENT

     This Third Amendment (the “Third Amendment”) to that certain Employment Agreement dated as of
June 27, 2007 (“Employment Agreement”), by and between Bernd Stephan (“Employee”) and The Film
Department Holdings LLC, a Delaware limited liability company (the “Company”), is effective as of
July 16, 2009 (the “Effective Date”), and is entered into by and between Company and Employee.

     WHEREAS, Company and Employee have previously entered into the Employment Agreement, an
amendment thereto (“First Amendment”) and a further amendment thereto (“Second Amendment”);

     WHEREAS, Company and Employee agree that Employee was induced to enter into the Second
Amendment upon the premise that Company would obtain sufficient equity capital to continue as a
going concern and enable it to finance and produce the motion picture “Earthbound” in the Fall of
2009 (“Going Concern Recapitalization”);

     WHEREAS, Employee and Company acknowledge that the terms of the Second Amendment should not be
effective in the event that Company determines that the Going Concern Recapitalization will not
occur within a reasonable period of time following execution of the Second Amendment;

     WHEREAS, Company and Employee wish to clarify therefore that the terms of the Second Amendment
shall be void and of no further force or effect in the event that Company determines that the Going
Concern Recapitalization will not occur; and

     WHEREAS, Company and Employee have agreed to amend specific terms of the Employment Agreement
in accordance with the terms set forth below. All capitalized terms not defined herein shall have
the meanings ascribed to such terms in the Employment Agreement.

     NOW, THEREFORE, in consideration of the agreements made herein, the parties hereto agree as
follows:

     1. Company and Employee agree that the terms of the Second Amendment shall be void ab initio,
and of no force or effect, immediately upon Company’s determination that the Going Concern
Recapitalization will not occur.

     2. The reference in paragraph 8 of the Second Amendment to “Class M” is hereby replaced by
“Class H” in each place it appears.

     3. The parties expressly agree and acknowledge that all provisions of the Employment Agreement
except those amended by this Third Amendment shall remain unchanged and in full force and effect.

3RD Amendment to Employment Agreement

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     This Employment Agreement is intended to comply with Section 409A of the Internal Revenue Code
of 1986, as amended (the “Code”) and the regulations and guidance promulgated thereunder
(collectively, “Code Section 409A”) and will be interpreted in a manner intended to comply with
Code Section 409A.

     IN WITNESS WHEREOF, the parties have duly executed this Third Amendment as of the date first
above written.

THE FILM DEPARTMENT HOLDINGS LLC

	 
	       /s/ Neil Sacker	 	/s/ Bernd Stephan
	 

	 	 
	By: Neil Sacker

	 	BERND STEPHAN
	Its: President & COO
	 	 

3RD Amendment to Employment Agreement

2exv10w12

Exhibit 10.12

FOURTH AMENDMENT TO EMPLOYMENT AGREEMENT

     This Fourth Amendment (the “Fourth Amendment”) to that certain Employment Agreement dated as
of July 7, 2007 (“Employment Agreement”), by and between Bernd Stephan (“Employee”) and The Film
Department Holdings LLC, a Delaware limited liability company (the “Company”), is made as of as of
September 1, 2009 (the “Effective Date”), and is entered into by and between Company and Employee.

     WHEREAS, Company and Employee have previously entered into the Employment Agreement, an
amendment thereto (“First Amendment”), a further amendment thereto (“Second Amendment”), and a
further amendment thereto (“Third Amendment”);

     WHEREAS, Company is continuing its efforts to obtain sufficient equity capital to continue as
a going concern;

     WHEREAS, Company has commenced negotiations with certain equity investors for the latter to
provide the aforesaid equity capital;

     WHEREAS, in light of recent events, Company and Employee wish to clarify certain terms of
Employee’s employment and set forth those terms in this Fourth Amendment; and

     WHEREAS, Company and Employee have agreed to amend specific terms of the Employment Agreement
in accordance with the terms set forth below. All capitalized terms not defined herein shall have
the meanings ascribed to such terms in the Employment Agreement.

     NOW, THEREFORE, in consideration of the agreements made herein, the parties hereto agree as
follows:

     1. As of the Effective Date, Employee’s Base Compensation shall be $243,000.

     2. Notwithstanding anything to the contrary in the Employment Agreement, as amended (including
any “most favored nations” or other similar provisions), any increase in Employee’s Base
Compensation shall be at the sole and absolute discretion of the Chief Executive Officer and
President & Chief Operating Officer.

     3. Notwithstanding anything to the contrary in the Employment Agreement, as amended (including
any “most favored nations” or other similar provisions), any bonus payable Employee shall be at the
sole and absolute discretion of the Chief Executive Officer and President & Chief Operating
Officer.

     4. Notwithstanding anything to the contrary provided for in Paragraph 2 of the Employment
Agreement, the Employment Term, as defined therein, shall expire July 31, 2011 (“Expiration Date”),
without any option to extend further by either Company or

4th Amendment to Employment Agreement

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Employee. For purposes of clarification, Company shall no longer have any right or option
whatsoever to extend the Employment Term beyond the Expiration Date.

     This Employment Agreement is intended to comply with Section 409A of the Internal Revenue Code
of 1986, as amended (the “Code”) and the regulations and guidance promulgated thereunder
(collectively, “Code Section 409A”) and will be interpreted in a manner intended to comply with
Code Section 409A.

     IN WITNESS WHEREOF, the parties have duly executed this Fourth Amendment as of the date first
above written.

THE FILM DEPARTMENT HOLDINGS LLC

	 
	/s/ Neil Sacker	 	/s/ Bernd Stephan
	 

	 	 
	By: Neil Sacker

	 	BERND STEPHAN
	Its: President & COO 
	 	 

4th Amendment to Employment Agreement

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