Employment Agreement Between Reading International, Inc. And John Hunter

December 28, 2006








Mr. John Hunter


01333 SW Pomona Street


Portland, Oregon 97219






Re: Offer of employment with Reading International, Inc.




Dear John,




I am pleased to confirm our conversation and offer you a senior executive position with Reading International, Inc. on the following terms:



Position:

Chief Operating Officer of Reading International, Inc. and President of all Reading International, Inc subsidiaries in New Zealand and Australia.







Start Date:

January 2007







Base Salary:

An amount equal to Three Hundred and Fifty Thousand Dollars ($350,000 USD) paid bi-weekly per company policy, plus a lump sum payment equal to Fifty Thousand Dollars ($50,000 USD) paid at calendar year end for a total Base Salary of Four Hundred Thousand ($400,000 USD) per annum.







Bonus:

You will be eligible to receive incentive compensation, in addition to your Base Salary, from time to time, at the sole discretion of the CEO and, depending on the particular circumstances, the Board of Directors. The Company has awarded bonuses in the past to senior management when it was determined that they had performed beyond the level of their existing compensation program.







Pension Benefit:

A lump sum vested Pension Benefit shall be earned in the amount and on the anniversary dates listed below. Vested Pension Benefits will b ...