TERMINATION AGREEMENT
Exhibit 10.9.1.3
This Termination Agreement (this “Termination”) is made and entered into as of the 15th day of January 2015, by and between Las Vegas Jet, LLC, a Nevada limited liability company (“Provider”), and Xxxxxxx X. Xxxx, an individual (“Lessee”).
WHEREAS, Provider and Lessee have entered into that certain Aircraft Time Sharing Agreement, dated as of November 25, 2002, as amended by that certain Amendment No. 1 to Aircraft Time Sharing Agreement, dated January 1, 2004, and that certain Amendment No. 2 to Aircraft Time Sharing Agreement, dated October 31, 2009 (collectively, the “Agreement”); and
WHEREAS, Provider and Lessee desire to terminate the Agreement.
NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows:
1. | Termination of Agreement. Provider and Lessee agree that the Agreement shall terminate and be of no further force or effect as of January 1, 2015. |
2. | Counterparts. This Termination may be executed in one or more counterparts, each of which independently shall be deemed to be an original. |
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IN WITNESS WHEREOF, the parties hereto have each caused this Termination to be duly executed as of the day and year first written above.
LAS VEGAS JET, LLC | XXXXXXX X. XXXX | |
By: Wynn Resorts, Limited | ||
Its: Sole Member | ||
By: /s/ Xxx Xxxxxxx | /s/ Xxxxxxx X. Xxxx | |
Name: Xxx Xxxxxxx | ||
Title: Executive Vice President, General | ||
Counsel and Secretary | ||
