AMENDMENT TO EMPLOYMENT AGREEMENT
This amendment is made and entered into as of the 19th day of September, 2000,
by and between Racing Champions, Inc., an Illinois corporation, and ▇▇▇▇ ▇.
▇▇▇▇▇. The parties wish to amend paragraphs 3 and 4 of the Employment Agreement
made as of the 30th day of April, 1999, to the following-
'3. Duties. The Employee shall serve as the Vice Chairman of the Company '
------
'4. Compensation. As of July 1, 2000, the Employee shall receive a base salary
------------
of $250,000 per year, . . .'
In witness whereof, the parties have executed this amendment as of the date
first above written, to be effective as of that date.
Racing Champions, Inc.
By /s/ ▇▇▇▇▇▇ ▇▇▇▇
-----------------
▇▇▇▇▇▇ ▇▇▇▇, CEO & Chairman
By /s/ ▇▇▇▇ ▇. ▇▇▇▇▇
--------------------
▇▇▇▇ ▇. ▇▇▇▇▇