Exhibit 10.26.4

(EMERSON LOGO)

EMERSON RADIO CORP. 9 Entin Road, P.O. Box 430, Parsippany, New Jersey
07054-4430 (973) 884-5800

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                                               Effective as of September 1, 2004



Mr. John J. Raab
c/o Emerson Radio Corp.
9 Entin Road
Parsippany, New Jersey 07054

                           EMPLOYMENT AGREEMENT

Dear Mr. Raab:


This letter will serve as confirmation of our agreement that the Employment
Agreement, dated effective as of September l, 2001 (the "Agreement"), by and
between you and Emerson Radio Corp. shall be and hereby is extended through and
including August 31, 2007. The base salary compensation of the Agreement is
presently $275,000.

Except as specifically amended hereby, the terms of the Agreement shall remain
in full force and effect. Please indicate your agreement to the above by signing
in the space provided below.


Very truly yours:

Emerson Radio Corp.

By: /s/ Elizabeth J. Calianese
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   (Name)                 (Title)              ACKNOWLEDGED, UNDERSTOOD AND
Elizabeth J. Calianese    SVP-HR               AGREED TO AS OF SEPTEMBER 1, 2004

                                               By: /s/ John J. Raab
                                                  -----------------------------
                                                  John J. Raab