Rosetta Stone 2011 Annual Report Download - page 187

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17. Section 9. (a) is amended by replacing "twelve (12)" with "eighteen (18)" in the second line of the section and replacing
"12-month" with "18-month" in the tenth line of the section.
18. Section 9. (c) is amended by replacing "Chief Financial Officer" with "President and Chief Executive Officer" in the
fourth line of the section.
19. Section 11. is amended so that notices to the Company shall be addressed to the Chairman of the Board of Directors.
20. Section 12. (b) is amended by deleting it in its entirety and substituting the following therefor:
(b) Complete Agreement. This Agreement, those documents expressly referred to herein and other documents of even date
herewith embody the complete agreement and understanding among the parties and supersede and preempt any prior understandings,
agreements or representations by or among the parties, written or oral, which may have related to the subject matter hereof in any way.
21. Except as amended or modified hereby, all terms and conditions in the Employment Agreement, as amended, shall
remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment on the date set forth below.
EXECUTIVE
By: /s/ Stephen Swad
Stephen Swad
Title: President and Chief Executive Officer
Date: 2/22/2012
ROSETTA STONE LTD.
By: /s/ Tom P.H. Adams
Tom P.H. Adams
Title: Chairman of the Board of Directors
Date: 2/22/2012
3