AMENDMENT #1 TO
EMPLOYMENT AGREEMENT DATED JULY 1, 1994
Reference is made to that certain Employment Agreement dated as of July 1, 1994 (the "Agreement"), by and
between Image Entertainment, Inc., a California corporation ("Image"), and David Borshell, an individual
("Borshell"). All defined terms not defined herein will have the meanings set forth in the Agreement.
1. EFFECTIVE DATE. All of the terms and conditions of this Amendment will be applicable commencing on
and effective as of September 1, 1994 (the "Effective Date").
2. EXECUTIVE OFFICER STATUS & TITLE. Paragraph 2 of the Agreement is amended to the following
a. Borshell's status will be increased from an "Officer" to an "Executive Officer," such that all references to
"Officer" in the Agreement will hereinafter automatically be "Executive Officer," except as set forth in Paragraph 4
(a) below; and,
b. Borshell's title will "Sr. Vice President of Operations, Sales & Marketing," subject to the approval of the
Company's Board of Directors.
3. BASE SALARY. "Base Salary," in Paragraph 3(a) of the Agreement is hereby increased from $87,140 to
4. FRINGE BENEFITS. Borshell's fringe benefits will be amended as follows:
a. "Insurance," in Paragraph 5(a)(i) of the Agreement will be upgraded to that of an Executive Officer as of July
1, 1995; and,
b. "Vacation," in Paragraph 5(a)(iii) of the Agreement is hereby increased from 3 to 4 weeks.
5. GENERAL PROVISIONS.
a. Headings. Article and paragraph headings, as used in this Amendment, are for convenience only and are not a
part hereof, and will not be used to interpret any provision of this Amendment or the Agreement.
b. Integration. The parties hereby acknowledge and agree that the Agreement as amended hereby constitutes the
entire agreement between the parties with respect to the subject matter hereof.
c. Severability. In the event that any provision of the Agreement as amended hereby will be held invalid or
unenforceable, such prov