EX-10.76 2 exhibit10_76.htm EXHIBIT 10.76 - EMPLOYMENT AGREEMENT JAY LAIFMAN exhibit10_76.htm
EXHIBIT 10.76
 
 
Dated as of June 3, 2008
 
Reading International, Inc. hereby offers to Jay S. Laifman the full time position of General Counsel reporting to James Cotter under the following terms:
 
 
Salary:
$265,000.00 per annum

 
Stock Grant:
$100,000, at the stock price on the day of acceptance, vesting 50% on the one year anniversary of acceptance, 50% on the second year
 
 
Travel Allowance:
$18,000 per year reimbursement

 
Change in Control:
If company is sold and Jay does not continue with the company after the sale, at his option or the company’s, he will be paid one year’s salary as severance

 
Start Date:
To be determined upon acceptance of offer

 
Benefits:
Health and others as provided

This offer is irrevocable for a period of two weeks.

Reading International, Inc.

By:           /s/ James J. Cotter


Accepted:             /s/ Jay S. Laifman
Date:                      June 5, 2008