AMENDMENT TO CERTAIN AGREEMENTS BETWEEN DOVER DOWNS GAMING & ENTERTAINMENT, INC. ANDNon-Compete or Employment and Non-Compete Agreements • November 3rd, 2008 • Dover Downs Gaming & Entertainment Inc • Services-amusement & recreation services
WHEREAS, Dover Downs Gaming & Entertainment, Inc. (the “Company”) has heretofore entered into certain Non-Compete or Employment and Non-Compete Agreements with the following executives and directors (each, an “Individual”): Henry B. Tippie dated as of June 16, 2004; Denis McGlynn dated as of February 13, 2006; Timothy R. Horne dated as of February 13, 2006; Klaus M. Belohoubek dated as of February 13, 2006; and Edward J. Sutor dated as of February 13, 2006, providing for payment of a Change in Control Fee on the date of a Change in Control and certain other benefits, and for executives only, the provision of certain payments and benefits during a specified “Extension Period” following a Change in Control, including in the event the executive’s employment is terminated during the Extension Period (each, an “Agreement”); and
