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Reference is made to the Employment Agreement dated April 1, 2018 (the “Employment Agreement”) between JAKKS Pacific, Inc. (the “Company”) and Brent T. Novak (“Executive”). This letter corrects Section 2(b)(ii) of the Employment Agreement. The Company and Executive by his signature below confirm that in the first paragraph of Section 2(b)(ii), the reference to the “second and third anniversaries thereof” is corrected to refer to the “first and second anniversaries thereof”, and in Section 2(b)(ii)(B) the reference to “first anniversary of the Commencement Date” is corrected to refer to the “first anniversary of the grant date”.