May 27, 2015 Lisa Marchese

Exhibit 10.2

May 27, 2015

Xxxx Xxxxxxxx

0000 Xxxx Xxxxxx Xx.

Xxxxxxxxx 000

Xxx Xxxxx, XX 00000

RE: THIRD LETTER AMENDMENT TO EMPLOYMENT AGREEMENT

Dear Xxxx:

Reference is made to that certain Employment Agreement dated as of January 1, 2012, (as amended, the “Agreement”), by and between Nevada Property 1 LLC (“Employer”), and Xxxx Xxxxxxxx (“Executive”). All capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Agreement.

Employer and Executive have agreed to amend certain provisions of the Agreement by this letter amendment (this “Third Amendment”). In particular, the parties hereby acknowledge and agree the Specified Term of the Agreement is hereby further extended for a period of ninety (90) days, expiring on September 1, 2015.

Except as expressly modified by this Third Amendment, the terms of the Agreement remain in full force and effect, unmodified.

NEVADA PROPERTY 1 LLC			EXECUTIVE
By: /S/ Xxxxxxx X. XxXxxxx			By: /S/ Xxxx Xxxxxxxx
Name: Xxxxxxx X. XxXxxxx			Name: Xxxx Xxxxxxxx
Title: Chief Executive Officer			Title: Chief Marketing Officer
By: /S/ Xxxxxxx X. Xxxxx
Name: Xxxxxxx X. Xxxxx
Title: General Counsel and Chief Compliance Officer