EXHIBIT 1 EMPLOYMENT AGREEMENT AGREEMENT dated as of April 6, 1998, by and between WMS INDUSTRIES INC. ("WMS"), a Delaware corporation with offices at 3401 North California Avenue, Chicago, IL 60618 and LOUIS J. NICASTRO ("Nicastro"), residing at 340...Employment Agreement • April 17th, 1998 • WMS Industries Inc /De/ • Miscellaneous manufacturing industries • Illinois
WMS INDUSTRIES INC. 3401 North California Avenue Chicago, IL 60618WMS Industries Inc /De/ • April 17th, 1998 • Miscellaneous manufacturing industries
Reference is made to a letter agreement between you and WMS Industries Inc. ("WMS") dated the date hereof pursuant to which your employment by WMS will be terminated effective on the distribution date for the spin-off of the Midway Games Inc. shares owned by WMS (the "Effective Date"). This letter sets forth our agreement pursuant to which WMS shall retain you and you shall serve as a consultant to WMS effective from and after the Effective Date.
