EXHIBIT 10.38
EXTENSION OF EMPLOYMENT AGREEMENT
THIS EXTENSION AGREEMENT is made and entered into this 26th day of
October, 1998, by and between HARVEYS CASINO RESORTS, a Nevada corporation,
hereinafter referred to as "Harveys", and XXXX XXXXXXXXXX, hereinafter
referred to as "Employee", as follows:
W I T N E S S E T H:
WHEREAS, Harveys and Employee did, on the 9th day of May, 1995,
entered into an Employment Agreement (the "Agreement"); and
WHEREAS, Harveys and Employee did on the 23rd day of August, 1996,
extend the term of employment for an additional one (1) year from May 8, 1997
to and including May 8, 1998; and
WHEREAS, Harveys and Employee did on the 9th day of September, 1997,
extend the terms of employment for an additional one (1) year from May 8,
1998 through and including May 8, 1999; and
WHEREAS, Harveys and the Employee desire to extend the term of
employment;
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 to extend
the term of employment of an additional one (1) year period, from May 8, 1999
through and including May 8, 2000.
Executed the day and year first above written.
EMPLOYEE:
/s/ Xxxx Xxxxxxxxxx
-------------------------------------------
Xxxx Xxxxxxxxxx
EMPLOYER:
HARVEYS CASINO RESORTS, a Nevada corporation
By: /s/ Xxxxxxx X. Xxxxxxx
-------------------------------------
XXXXXXX X. XXXXXXX
President/CEO