SECOND AMENDMENT TO XXXXXX AGREEMENT
This second amendment (the "Second Amendment") to that
certain Agreement (the "Agreement") dated December 22, 1997
between Mirage Resorts, Incorporated, a Nevada corporation
("Parent"), and Xxxx X. Xxxxxx, a Nevada resident,
individually, as executrix of the Estate of Xxxxxxx X.
Xxxxxx, and as Trustee for the Xxxxxx Family Trust (the
"Trust") under an Agreement dated July 14, 1993 (in all such
capacities, "Seller"), as first amended in January, 1998, is
entered into as of this 13th day of March, 1998 between
Parent and Seller with reference to the following fact:
A. The definition of "Gift Shop Lease" contained in
Recital E of the Agreement inadvertently describes the wrong
lease.
In consideration of the foregoing premise, Parent and
Seller hereby amend the Agreement as follows:
1. Clause (iv) in Recital E of the Agreement is
hereby deleted in its entirety and shall be replaced by the
following:
"to amend the term of that certain lease agreement
between Boardwalk Casino, Inc. as Landlord, and
Holiday Gifts, Inc., as Tenant, dated September 1,
1996, which permits Holiday Gifts, Inc. to operate
a gift shop upon the Company's premises (the "Gift
Shop Lease"), to a month-to-month arrangement and
to make certain other modifications thereto."
2. The third sentence of Section 3 of the
Agreement is hereby amended by the deletion of the phrase
"to the Seller" therein and the substitution of the phrase
"to the Lessee" in lieu thereof.
3. Except as expressly amended hereby, the
Agreement and First Amendment thereto remain in full force
and effect, as by their terms set forth.
IN WITNESS WHEREOF, the parties hereto have duly
executed this Amendment as of the date first above set
forth.
PARENT: SELLER:
MIRAGE RESORTS, INCORPORATED
a Nevada corporation
XXXX X. XXXXXX
By: XXXXXX X. XXX Xxxx X. Xxxxxx, a Nevada resident,
Xxxxxx X. Xxx Individually, as executrix of the
Chief Financial Officer Estate of Xxxxxxx X. Xxxxxx, and as
Trustee for the Xxxxxx Family Trust
under an Agreement dated July 14,
1993
EXHIBIT 10.1
