YOUTHSTREAM MEDIA NETWORKS, INC.
Amendment to Employment Agreement
As of June 20, 2000
The Employment Agreement dated February 28, 2000 between Harlan D. Peltz
and Youthstream Media Networks, Inc. is amended as follows:
1. The second sentence of the second paragraph of the agreement (which
states "The Company desires to secure the services of Peltz as its Chairman of
the Board and Chief Executive Officer, and Peltz has agreed to serve the
Company, on the terms set forth in this agreement.") is deleted.
2. Section 1 is deleted in its entirety and the following is substituted:
"1. Employment. During the term of Peltz's employment under this
agreement, the Company shall employ Peltz, and Peltz shall serve the
Company, as the Company's Chief Corporate Strategist. Peltz shall
have such duties and responsibilities as he and the Company's board
of directors and Chief Executive Officer from time to time may agree
upon, and he shall devote all such time to the performance of his
duties as he may determine necessary to perform them properly. Peltz
shall report to the Company's board of directors (and not to any
other officer of the Company)."
YOUTHSTREAM MEDIA NETWORKS, INC.
By: /s/ JAMES G. LUCCHESI
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James G. Lucchesi
President and Chief Executive Officer
/s/ HARLAN PELTZ
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Harlan Peltz
