Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) On January 1, 2009 Roger Keating, the Company's Senior Vice President, Digital Media, became an executive officer of the Company.

On June 27, 2008 the Company entered into an employment agreement with Mr. Keating for a term commencing July 7, 2008 and ending December 31, 2009. For the period July 7, 2008 through December 31, 2008, Mr. Keating's employment agreement provides for a prorated annual base salary of $440,000. For calendar year 2009, the employment agreement provides for an annual base salary of $460,000. For each of 2008 and 2009, Mr. Keating's employment agreement provides for a target and maximum bonus of 40% and 75% of the annual base salary, respectively. For 2008, Mr. Keating's employment agreement provides for a guaranteed bonus of $85,000. Mr. Keating has served as the Company's Senior Vice President, Digital Media since July 7, 2008. A copy of Mr. Keating's Employment Agreement is attached as Exhibit 10.1.

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