This Employment Agreement (hereinafter referred to as the "Agreement") is entered into by and between
HOLLYWOOD MEDIA CORP. (hereinafter referred to as the "Company") and JERROLD A. WISH
(hereinafter referred to as the "Executive").
1. EFFECTIVE DATE. This Agreement is effective February 25, 2002 (the "Effective Date"), and will terminate
without further notice at 5:00 p.m. on February 26, 2004 (the "Term").
2. DUTIES AND RESPONSIBILITIES. The Company hereby employs Executive as Senior Vice President
and General Counsel with such powers and duties in that capacity as may be established from time to time by the
Company in its reasonable discretion. Executive will devote his entire business time, attention and energies to the
business of the Company and its affiliates as necessary to fulfill such duties. The Company shall provide such
offices, equipment, supplies and staff as are customary and reasonably necessary for Executive to perform such
duties. The Company shall pay (or reimburse Executive) for all necessary and reasonable travel-related expenses
incurred by Executive in the performance of Executive's duties hereunder. All such expenses shall be in
accordance with any reasonable guidelines established by the Company from time-to-time.
a. BASE SALARY. The Company will pay Executive an annualized base salary of One Hundred Fifty Thousand
Dollars ($150,000), less applicable deductions, payable in installments according to the Company's normal
b. ANNUAL BONUS. In addition to his base salary, Executive shall be paid an annual bonus (the "Bonus")
during each year of the Term in an amount determined by the Board of Directors or a committee thereof, which
shall be paid in Company stock or cash at the discretion of the Board of Directors or such committee; provided,
that Executive shall be entitled to receive a Bonus of at least Twenty-Five Thousand Dollars ($25,000) during
each year of the Term.
c. STOCK OPTIONS. On