Exhibit 10.11
EMPLOYMENT AGREEMENT
This EMPLOYMENT AGREEMENT (“Agreement”) is entered into by and between Judy A. Schmeling (“Employee”)
and HSN, Inc., a Delaware corporation (the “Company”), and is effective October 27, 2008 (the “Effective Date”).
WHEREAS, the Company desires to establish its right to the services of Employee, in the capacity described below,
on the terms and conditions hereinafter set forth, and Employee is willing to accept such employment on such terms and
conditions.
NOW, THEREFORE, in consideration of the mutual agreements hereinafter set forth, Employee and the Company
have agreed and do hereby agree as follows:
1A. EMPLOYMENT . The Company agrees to employ Employee as Chief Financial Officer and Employee accepts and agrees to
such employment. During Employee’s employment with the Company, Employee shall do and perform all services and acts
necessary or advisable to fulfill the duties and responsibilities as are commensurate and consistent with Employee’s position
and shall render such services on the terms set forth herein. During Employee’s employment with the Company, Employee shall
report directly such person(s) as from time to time may be designated by the Company (hereinafter referred to as the “Reporting
Officer”). Employee shall have such powers and duties with respect to the Company as may reasonably be assigned to
Employee by the Reporting Officer, to the extent consistent with Employee’s position and status. Employee agrees to devote all
of Employee’s working time, attention and efforts to the Company and to perform the duties of Employee’s position in
accordance with the Company’s policies as in effect from time to time. Employee’s principal place of employment shall be the
Company’s offices located in St. Petersburg, Florida. Employee shall not be obligated to travel away from St. Petersburg, Florida
for more than 25 business days in each year of the Term of this Agreement.
2A. TERM OF AGREEMENT . The term (“Term”) of this Agreement shall commence on