0000912057-02-012666 Sample Contracts

FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • March 29th, 2002 • Station Casinos Inc • Services-miscellaneous amusement & recreation

THIS FIRST AMENDMENT TO EMPLOYMENT AGREEMENT (this "First Amendment") is made and entered into as of the 1st day of October, 2001, by and between STATION CASINOS, INC., a Nevada corporation, with its principal offices located at 2411 West Sahara Avenue, Las Vegas, Nevada 89102 (the "Company"), and SCOTT M NIELSON (the "Executive").

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March 15, 2002
Long-Term Stay-on Performance Incentive Payment • March 29th, 2002 • Station Casinos Inc • Services-miscellaneous amusement & recreation • Nevada

This letter (the "Agreement") sets forth the terms and conditions pursuant to which Station Casinos, Inc. (the "Company") has decided to award you a Long-Term Stay-On Performance Incentive Payment (the "LTSO Payment").

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • March 29th, 2002 • Station Casinos Inc • Services-miscellaneous amusement & recreation • Nevada

THIS EMPLOYMENT AGREEMENT (this "Agreement") is made and entered into as of the 17th day of December, 2001, by and between STATION CASINOS, INC., a Nevada corporation, with its principal offices located at 2411 West Sahara Avenue, Las Vegas, Nevada 89102 (the "Company"), and LORENZO J. FERTITTA (the "Executive").

March 15, 2002
Long-Term Stay-on Performance Incentive Payment Agreement • March 29th, 2002 • Station Casinos Inc • Services-miscellaneous amusement & recreation • Nevada

This letter (the "Agreement") sets forth the revised terms and conditions pursuant to which Station Casinos, Inc. (the "Company") has decided to award you a Long-Term Stay-On Performance Incentive Payment (the "LTSO Payment"). This Agreement supercedes and replaces that letter agreement dated June 19, 2001 (the "Former Agreement") between the Company and you regarding the LTSO Payment, and the Former Agreement shall no longer be of any force or effect.

FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • March 29th, 2002 • Station Casinos Inc • Services-miscellaneous amusement & recreation

THIS FIRST AMENDMENT TO EMPLOYMENT AGREEMENT (this "First Amendment") is made and entered into as of the 1st day of October, 2001, by and between STATION CASINOS, INC., a Nevada corporation, with its principal offices located at 2411 West Sahara Avenue, Las Vegas, Nevada 89102 (the "Company"), and FRANK J. FERTITTA III (the "Executive").

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