MODIFICATION OF EMPLOYMENT AGREEMENT
THIS MODIFICATION, made and entered into this 27th day of November, 1996, by and
between HARVEYS CASINO RESORTS, a Nevada corporation, hereinafter referred to as
'Harveys', and/or 'Employer', and XXXX XXXXXXXXXX, hereinafter referred to as
Employee', is as follows:
WITNESSETH:
WHEREAS, Harveys and Employee did, on the 14th day of August, 1995, execute an
Employment Agreement (the 'Agreement') and
WHEREAS, Harveys desires to continue to engage the services of Employee, who is
desirous of continued employment by Harveys under the terms and conditions as
set forth herein; and
WHEREAS, the parties desire to amend the Agreement as of the date hereof in the
follow particulars:
A. Section 3.01 shall be modified by extending the term of employment for two
(2) additional years commencing the 18th day of September, 1997, and terminating
on the 17th day of September, 1999, unless further extended by mutual agreement
of the parties.
B) Section 3.01 shall also be modified by adding the following language:
Effective the 1st day of December, 1996, Employee's annual salary shall be
increased to $210,000.00 per annum.'
C) Paragraph 6.01 shall be modified by adding the following language:'Employee's
performance shall be evaluated by the President/CEO at least annually and any
salary adjustments shall be effective as of the annual anniversary date of
commencement of employment.'
Where not inconsistent herewith, the remaining terms and conditions of the
Agreement shall remain in full force and effect and shall be deemed restated
herein as if set forth herein verbatim.
DATED this 27th day of November, 1996
EMPLOYEE: Xxxx XxXxxxxxxx
EMPLOYER: Harveys Casino Resorts, a Nevada Corporation
Xxxxxxx X. Xxxxxxx, Chief Executive Officer
