1 EXECUTION VERSION EMPLOYMENT AGREEMENT EMPLOYMENT AGREEMENT (this "Agreement"), dated as of February 20, 1998, between John M. Elwood ("Executive") and Prime Hospitality Corp., a Delaware corporation ("Employer"). In consideration of the premises...Employment Agreement • May 13th, 1998 • Prime Hospitality Corp • Hotels & motels • New Jersey
2- 3 4.8 Stock Options. On February 20, 1998, the Compensation Committee of the Board granted to Executive, subject to stockholder approval of an amendment to the Employer's 1995 Employee Stock Option Plan (the "Plan") at the 1998 Annual Meeting of...Employment Agreement • May 13th, 1998 • Prime Hospitality Corp • Hotels & motels • New Jersey
