Emerson Radio Corp. Watch

from 8-K ~20 pages Stock Purchase Agreement

from 10-Q ~5 pages Plan of reorganization, merger, acquisition or similar

from 10-K 1 page Plan of reorganization, merger, acquisition or similar

from 10-K 1 page As of January 15, 1998 Mr. John P. Walker C/O Emerson Radio Corp. 9 Entin Road Parsippany, New Jersey 07054 Employment Agreement Dear Mr. Walker: This Letter Will Confirm That You and Emerson Radio Corp. ("Emerson") Have Agreed to Terminate the Employment Agreement Between You and Emerson, Dated April 1, 1994 ("Employment Agreement"), as Amended by Amendment No. 1 to Employment Agreement, Dated as of the 16th of April, 1997 ("Amendment No. 1")(hereinafter, Collectively "Emerson Employment Agreement"). Accordingly, the Emerson Employment Agreement Shall Be of No Further Force and Effect. Please Indicate Your Agreement to the Terms of This Letter in the Space Provided Below. Very Truly Yours, Emerson Radio Corp. By: Acknowledged and Agreed (Name) to as of the 15th Day of January, 1998 (Title) John P. Walker

from 10-Q 1 page As of October 18, 1997 Mr. Geoffrey P. Jurick C/O Emerson Radio (Hong Kong) Ltd. 705 - 711, Tower 2 the Gateway 25-27 Canton Road Kowloon, Hong Kong Amendment No. 1 to Extension of Employment Agreements, Dated April 16, 1997 Dear Mr. Jurick: This Letter Will Confirm That You and Emerson Radio Corp. ("Emerson") Have Agreed to Amend Certain Terms and Conditions of the Employment Agreement Between You and Emerson, Dated July 2, 1992, as Amended by Extension of Employment Agreements, Dated April 16, 1997 ("Extension Agreement")(hereinafter, Collectively "Emerson Employment Agreement"). Accordingly, It Is Hereby Agreed That Section 3 (A) of the Emerson Employment Agreement Is Deleted in Its Entirety and Section 3 (C) Is Amended to Delete Reference to Any Additional Benefits, as Defined Therein, Other Than Life, Travel or Accident Insurance and Executive Contingent Compensation Plans, Including, Without Limitation, Capital Accumulation Programs and Stock Purchase, Restricted Stock and Stock Option Plans. the Parties Hereto Also Expressly Acknowledge and Agree That, Except as Expressly Set Forth Herein, Each of the Emerson Employment Agreement, the Extension Agreement, the Two (2) Employment Agreements Between You and Emerson Radio (Hong Kong) Ltd. and You and Emerson Radio (B.V.I.), Ltd., Both Dated July 2, 1992 and Also Amended by the Extension Agreement, Shall Not Be Deemed to Be Further Amended or Modified, and Shall Remain in Full Force and Effect. Please Indicate Your Agreement to the Terms of This Letter in the Space Provided Below. Very Truly Yours, Emerson Radio Corp. Acknowledged and Agreed to as of the 18th Day of By: October, 1997 (Name) (Title) Geoffrey P. Jurick

from 10-Q ~5 pages Plan of reorganization, merger, acquisition or similar

from 10-K 1 page April 16, 1997 Mr. Geoffrey P. Jurick C/O Emerson Radio (Hong Kong) Ltd. 705 - 711, Tower 2 the Gateway 25-27 Canton Road Kowloon, Hong Kong Re: Extension of Employment Agreements Dear Mr. Jurick: This Letter Will Serve as Confirmation of Our Agreement to Extend the Terms of Those Certain Employment Agreements, Each Dated July 7, 1992 (The "Agreements"), by and Between You and Each of Emerson Radio (B.V.I.), Ltd., Emerson Radio (Hong Kong), Ltd., and Emerson Radio Corp. Under Section 1 of Each of the Agreements, the "Term" as Defined Therein Is to Continue Until July 7, 1997. by Each of Our Respective Signatures Below, You and Each of the Above- Referenced Entities Agree to Extend the Term of Each Such Agreement Until March 31, 2000. the Parties Also Expressly Acknowledge and Agree That, Except as Expressly Stated Therein, No Other Agreement Nor Any Breach or Default Under Any Other Agreement Shall Have Any Effect on the Rights and Obligations of the Parties Hereto or Under Any of the Agreements, Including, Without Limitation, Under Any Employment or Other Agreement Between Sport Supply Group, Inc., or Any of Its Subsidiaries, and You. Except as Specifically Amended Hereby, Each of Such Employment Agreements Shall Not Be Deemed to Be Further Amended or Modified, and Shall Remain in Full Force and Effect. Please Indicate Your Agreement to the Terms of This Letter in the Space Provided Below. Very Truly Yours, Emerson Radio (B.V.I.), Ltd. By:/S/ Eugene I. Davis Name: Eugene I. Davis Title: Director Emerson Radio (Hong Kong), Ltd. By: /S/ Eugene I. Davis Name: Eugene I. Davis Title: Director Emerson Radio Corp. By: /S/ Eugene I. Davis Name: Eugene I. Davis Title: Vice-Chairman Acknowledged, Understood, and Agreed to as of the 16th Day of April, 1997 /S/ Geoffrey P. Jurick Geoffrey P. Jurick

from 10-Q ~20 pages Plan of reorganization, merger, acquisition or similar

from 8-K ~20 pages Plan of reorganization, merger, acquisition or similar

from 10-Q ~1 page Plan of reorganization, merger, acquisition or similar

from 10-Q ~10 pages Plan of reorganization, merger, acquisition or similar

from 10-K ~20 pages Plan of reorganization, merger, acquisition or similar