EMPLOYMENT AGREEMENTEmployment Agreement • March 13th, 2017 • CAESARS ENTERTAINMENT Corp • Hotels & motels • Nevada
As you know, on May 20, 2014, your former employer, Caesars Entertainment Operating Company, Inc. ( “CEOC”) became a member of Caesars Entertainment Services, LLC (“Services Co”), a limited liability company formed to, among other matters, manage certain assets of its members (including CEOC), provide services to properties owned by its members and their affiliates, and provide other specified services to the common enterprise for the benefit of the members and their respective properties and systems to achieve preservation of brand value and maximization of economies of scale. In connection with the establishment of Services Co, CEOC has entered into an operating agreement with the other members of Services Co (the “operating agreement”) pursuant to which it is required to transfer to Services Co the employment of certain managerial employees like yourself, along with other corporate and shared services employees, in all cases, who provide services that support properties owned by CEO
