0001104659-07-080112 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • November 6th, 2007 • Churchill Downs Inc • Services-racing, including track operation • Kentucky

THIS EMPLOYMENT AGREEMENT is made and entered into as of September 27, 2007 (“Employment Agreement”), between CHURCHILL DOWNS INCORPORATED, a Kentucky corporation (“Company”) and William E. Mudd (“Mudd”).

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EMPLOYEE RELOCATION EXPENSE AGREEMENT EXECUTIVE RELOCATION PROGRAM FOR CHURCHILL DOWNS INCORPORATED
Expense Agreement • November 6th, 2007 • Churchill Downs Inc • Services-racing, including track operation

Churchill Downs Incorporated (the “Company”) has, or will, pay or reimburse William E. Mudd , or third party vendors for certain expenses reasonably and necessarily incurred by you, or by the Company on your behalf, in connection with relocating you and/or your immediate family (the “Relocation Payments”). This agreement is not an employment contract. Nothing in this Agreement is intended to alter your status as an at-will employee. In consideration of the Relocation Payments, you agree:

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