Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) On August 31, 2009, New Frontier Media, Inc. agreed to extend the terms of its employment agreements with each of its named executive officers. The stated expiration dates in the amended employment agreements for each of Messrs. Weiner and Boenish, the company's chief executive officer and president, respectively, have been extended until midnight on August 31, 2013. The stated expiration dates in the amended employment agreements for each of Messrs. Williams, Piper and Callipari, the company's chief financial officer, chief technology and information officer and general counsel, respectively, have been extended until midnight on August 31, 2012, and the one year tail on Mr. Williams' covenant against competition has been eliminated. The remaining terms of the foregoing employment agreements, which are filed as exhibits to the company's quarterly report on Form 10-Q for its fiscal quarter ended September 30, 2008, remain unchanged and in full force and effect. Investors are encouraged to read their entire text for a full understanding of the company's employment arrangements with each of its named executive officers.