EXTENSION OF EMPLOYMENT AGREEMENT
THIS EXTENSION AGREEMENT is made and entered into this 10th day of February,
1997, by and between HARVEYS CASINO RESORTS, a Nevada corporation, hereinafter
referred to as 'Harveys', and XXXXXXX X. XXXXXXXXX, hereinafter referred to as
'Employee', as follows:
WITNESSETH:
WHEREAS, Harveys and Employee did, on the 2nd day of February, 1996, enter into
an Employment Agreement (the 'Agreement') superseding a prior Employment
Agreement dated the 13th day of January, 1994; and
WHEREAS, pursuant to Paragraph 3.01 of the Agreement, Employee agreed to be
employed by Harveys for a period of three (3) years commencing the 1st day of
February, 1996, and terminating on the 31st day of January, 1999; and
WHEREAS, Harveys and Employee desire to extend the term of employment and
clarify Employee's vacation time;
NOW, THEREFORE, in consideration of the mutual covenants and agreements herein
contained and other good and valuable consideration receipt whereof is hereby
acknowledged, the parties hereto agree as follows:
a)Paragraph 3.01 of the Agreement shall be deleted and, in lieu thereof,
the following language added:
3.01 Employer hereby employs the Employee, and Employee hereby agrees to be
employed by Harveys for a period of four (4) years commencing on the 1st day of
February, 1996, to the 31st day of January, 2000.
b) Paragraph 7.03 shall be amended by deleting the first sentence thereof
and substituting the following:
7.03 Employee shall be entitled to three (3) weeks paid vacation during each
twelve (12) months of the term of employment as set forth in 3.01 hereinabove
and, commencing in the third twelve-month period, i. e. February 1, 1998, and
continuing during each successive twelve-month period thereafter, said vacation
period shall be increased to four (4) weeks.
Where not inconsistent herewith, the parties hereto republish and reaffirm the
terms and conditions of the Agreement as if set forth herein verbatim.
DATED this 10th day of February, 1997
EMPLOYEE: Xxxxxxx X. Xxxxxxxxx
EMPLOYER: Harveys Casino Resorts, a Nevada Corporation
Xxxxxxx X. Xxxxxxx, Chief Executive Officer
