Amendment to Rentrak/Berger Employment Agreement
This amendment to the Amended and Restated Employment
Agreement between Rentrak Corporation and Ron Berger, dated April
21, 1998, ("Agreement") is made and entered into as of this 28th
day of August, 2000, by and between Rentrak Corporation, an
Oregon Corporation ("Employer"), and Ron Berger ("Employee") (the
"Amendment").
Accordingly, the Agreement is hereby amended by adding the
following three sentences to paragraph 6.1(f) of the Agreement
after the last sentence of paragraph 6.1(f):
"If, after an event of termination described in
subsections (c) and (d) of this Section 6.1, Employer
desires to terminate the $10 million term life
insurance policy on the life of Employee referenced in
paragraph 3.4.2 of this Agreement, Employer shall,
prior to termination of the policy, make a written
offer to assign such policy to Employee at no cost to
Employee. Employee shall have thirty (30) days from
receipt of the offer of assignment in which to accept
the offer in writing. If Employee accepts such
assignment, Employer shall thereafter assign the policy
to Employee, provided that Employer shall thereafter be
released from all obligations and liabilities under
such policy, including but not limited to, the
obligation to make further premium payments or to be
liable for any other obligations under the policy."
This Amendment is made as of the date first above written
and shall be effective upon execution by both parties. The
remainder of the Agreement remains in full force and effect
without further alteration.
RENTRAK CORPORATION EMPLOYEE:
By s/s Skip Baumgarten By s/s Ron Berger
Printed Name: Skip Baumgarten RON BERGER
Its: Director
