October 7, 2008 DeWayne Laird Vice President and Chief Financial Officer Scientific Games Corporation
Exhibit 10.29
October 7, 2008
XxXxxxx Xxxxx
Vice President and Chief Financial Officer
Scientific Games Corporation
000 Xxxxxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx
Dear XxXxxxx:
This will confirm our understanding regarding certain amendments to the Employment Agreement, dated as of November 1, 2002, between you and Scientific Games Corporation (the “Company”), as amended by the Letter Agreement, dated as of August 2, 2006, by and between you and the Company (as amended hereby, the “Agreement”). Except as expressly set forth herein, the terms of the Agreement shall remain in full force and effect and are hereby ratified and confirmed in all respects.
Clarification of Section 7(a)(iv) and Section 7(c)(iv) of Agreement. The term “stock options” and “options” as used in Section 7(a)(iv) and Section 7(c)(iv) of the Agreement shall include all forms of equity awarded to you by the Company, including both stock options and restricted stock units (notwithstanding Section 7(a)(v) and Section 7(c)(v) of the Agreement).
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Please indicate your agreement to the foregoing by countersigning and returning an original signed copy of this letter to me.
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Very truly yours, |
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Scientific Games Corporation |
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By: |
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/s/ A. Xxxxx Xxxx |
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Name: |
A. Xxxxx Xxxx |
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Title: |
Chairman and Chief Executive Officer |
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Accepted and Agreed to:
By: |
/s/ XxXxxxx Xxxxx |
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XxXxxxx Xxxxx |
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