Exhibit 10.1
AMENDMENT NO. 2
TO EMPLOYMENT AGREEMENT
Amendment No. 2 to Employment Agreement dated as of February 1, 1994 as
amended May 15, 1995 (the "Employment Agreement") between ▇▇▇▇▇▇▇, Inc., an
Illinois corporation (the "Employment Agreement"), between ▇▇▇▇▇▇▇, Inc., an
Illinois corporation (the "Company"), and ▇▇▇ ▇▇▇▇▇▇▇.
WHEREAS, ▇▇. ▇▇▇▇▇▇▇ has been elected Chief Operating Officer and
President of the ▇▇▇▇▇▇▇ Group of ▇▇▇▇▇▇▇ Sports Inc. and the President and
Chief Operating Officer of the Company.
WHEREAS, the Employment Agreement, unless extended, expires on May 15,
1998 and the Company wishes to provide ▇▇. ▇▇▇▇▇▇▇ incentive to continue
providing excellent leadership to the Company and to extend the term of the
Employment Agreement.
NOW, THEREFORE, for good and valuable consideration receipt of which is
hereby acknowledged the parties hereto agree as follows:
(A) Section 2 of the Employment Agreement be and hereby is amended to
provide in full as follows:
"2. Term. This Agreement is for a term ("Term") commencing on
the date of this Agreement and terminating on May 15,
1999, or upon the Executive's earlier death,
disability or other termination of employment pursuant
to Section 11."
(B) All Other provisions on the Employment Agreement shall remain in full
force and effect.
Dated: September 11, 1997 ▇▇▇▇▇▇▇, INC.
------------------
By: /s/ ▇▇▇▇▇ ▇▇▇▇▇
--------------------------------
▇▇▇▇▇ ▇▇▇▇▇
Its: Chief Executive Officer
EXECUTIVE
/s/ ▇▇▇ ▇▇▇▇▇▇▇
---------------------------------
▇▇▇ ▇▇▇▇▇▇▇