Exhibit 10.19
[LETTERHEAD OF UNITED ARTISTS]
May 12, 1998
Xx. Xxxx X Xxxx
United Artists Theatre Circuit, Inc.
0000 X. Xxxxxxx Xxxxxx, Xxxxx 000
Xxxxxxxxx, Xxxxxxxx 00000
Re: United Artists Theatre Circuit, Inc. (the "Company")
Amendment to Employment Agreement
Dear Xx. Xxxx:
On or about February 21, 1997, you and the Company entered into an Employment
Agreement. The purpose of this letter is to confirm our understanding of
certain amendments to the Employment Agreement. For $10.00 and other good and
valuable consideration, the receipt and sufficiency of which is hereby confessed
and acknowledged, it has been agreed to amend the Employment Agreement as
follows:
1. As set forth in the Employment Agreement, the Term of Employment is
scheduled to expire on September 30, 2000. The Term of Employment, as defined
in the Employment Agreement, is extended to December 31, 2000, and on December
31, 2000 and on every second December 31 thereafter it shall be deemed that the
Term of Employment has been extended by two years, unless, prior to any such
extension date, either you or the Company notify the other to the contrary.
2. Except as amended hereby, the Employment Agreement shall remain in full
force and effect.
If this letter accurately sets forth your understanding of the matters discussed
herein, please so signify by signing in the space provided and returning a copy
to the undersigned.
Very truly yours,
UNITED ARTISTS THEATRE CIRCUIT, INC.
By: /s/ Xxxx Xxxxx
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Xxxx Xxxxx, Chairman of the Board
ACCEPTED:
/s/ Xxxx X. Xxxx
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Xxxx X. Xxxx