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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 11/14/19 Emerson Radio Corp 10-Q 9/30/19 45:3.6M ActiveDisclosure/FA |
Document/Exhibit Description Pages Size 1: 10-Q Quarterly Report HTML 343K 2: EX-10.35.1 Material Contract HTML 18K 3: EX-31.1 Certification -- §302 - SOA'02 HTML 22K 4: EX-31.2 Certification -- §302 - SOA'02 HTML 22K 5: EX-32 Certification -- §906 - SOA'02 HTML 19K 20: R1 Document and Entity Information HTML 70K 41: R2 Consolidated Statements of Operations (Unaudited) HTML 69K 28: R3 Consolidated Balance Sheets (Unaudited) HTML 119K 15: R4 Consolidated Balance Sheets (Unaudited) HTML 37K (Parenthetical) 19: R5 Consolidated Statements of Cash Flows (Unaudited) HTML 86K 40: R6 Consolidated Statements of Changes in HTML 31K Shareholders' Equity (Unaudited) 27: R7 Background and Basis of Presentation HTML 31K 14: R8 Earnings Per Share HTML 67K 21: R9 Shareholders' Equity HTML 18K 23: R10 Inventory HTML 24K 18: R11 Income Taxes HTML 22K 31: R12 Related Party Transactions HTML 21K 45: R13 Short Term Investments HTML 17K 22: R14 Concentration Risk HTML 26K 17: R15 Leases HTML 211K 30: R16 Background and Basis of Presentation (Policies) HTML 32K 44: R17 Earnings Per Share (Tables) HTML 67K 24: R18 Inventory (Tables) HTML 25K 16: R19 Leases (Tables) HTML 213K 35: R20 Background and Basis of Presentation - Additional HTML 21K Information (Detail) 37: R21 Computation of Basic and Diluted Earnings Per HTML 28K Share (Detail) 26: R22 Shareholders' Equity - Additional Information HTML 21K (Detail) 13: R23 Inventory (Detail) HTML 18K 34: R24 Income Taxes - Additional Information (Detail) HTML 43K 36: R25 Related Party Transactions - Additional HTML 28K Information (Detail) 25: R26 Short Term Investments - Additional Information HTML 23K (Detail) 12: R27 Concentration Risk - Additional Information HTML 51K (Detail) 32: R28 Leases - Additional Information (Detail) HTML 33K 38: R29 Leases - Summary of Components of Lease Costs HTML 48K (Detail) 43: R30 Leases - Summary of Information Relating to Lease HTML 27K Term and Discount Rate (Detail) 29: R31 Leases - Summary of Maturities of Lease HTML 45K Liabilities (Detail) 39: XML IDEA XML File -- Filing Summary XML 72K 33: EXCEL IDEA Workbook of Financial Reports XLSX 36K 6: EX-101.INS XBRL Instance -- msn-20190930 XML 957K 8: EX-101.CAL XBRL Calculations -- msn-20190930_cal XML 122K 9: EX-101.DEF XBRL Definitions -- msn-20190930_def XML 158K 10: EX-101.LAB XBRL Labels -- msn-20190930_lab XML 653K 11: EX-101.PRE XBRL Presentations -- msn-20190930_pre XML 423K 7: EX-101.SCH XBRL Schema -- msn-20190930 XSD 90K 42: ZIP XBRL Zipped Folder -- 0001564590-19-043507-xbrl Zip 67K
Exhibit 10.35.1
EMERSON RADIO CORP.
35 Waterview Blvd., Suite 140
October 7th, 2019
RE:Retention Bonus
Dear Mr. Binney:
On behalf of Emerson Radio Corp. (the “Company”), I am pleased to inform you that as an incentive for your continued service to the Company, you are eligible to receive and earn a retention bonus in the aggregate amount of US$60,000 (the “Retention Bonus”), which amount shall be paid to you in the form of a lump sum cash payment, less all applicable tax withholdings and required deductions, as soon as practicable following the date that you execute this letter (the “Effective Date”).
The Retention Bonus will be earned in three equal installments of US$20,000 on each of the first, second and third anniversaries of the Effective Date (each, an “Annual Installment”). If your employment with the Company terminates prior to the third anniversary of the Effective Date for any reason other than due to your death, a serious decline in your physical health or in connection with a Change in Control (as defined in the Indemnification Agreement by and between you and the Company), you will be required to repay the Company, in immediately available funds, an amount equal to any Annual Installment, less any amounts withheld by the Company for income and employment taxes, that has not been earned within thirty (30) days of your termination date. This letter is not a contract of employment and does not guarantee you employment for any specified period of time.
Please indicate your understanding and agreement with the above by signing this letter and returning it to the Company. Thank you for your contributions thus far and the contributions we know that you will make to the Company in the time ahead.
Very truly yours,
EMERSON RADIO CORP.
/s/ Duncan Hon
Duncan Hon, Chief Executive Officer
ACCEPTED AND AGREED:
/s/ Michael Binney
Michael Binney
Date: 7/Oct/2019
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 7/29/21 Emerson Radio Corp. 10-K/A 3/31/21 3:120K Donnelley … Solutions/FA 6/25/21 Emerson Radio Corp. 10-K 3/31/21 70:5.6M ActiveDisclosure/FA |