Re: Employment Agreement dated April 17, 2000 between Francis X. McCarthy, Jr. and Trump Hotels & Casino Resorts, Inc., Trump Hotels & Casino Resorts Holdings, L.P. and Trump Atlantic City Associates (collectively “Trump”) (the “Agreement”)
EXHIBIT 10.36
January 9, 2003
▇▇▇▇▇▇▇ ▇.
▇▇▇▇▇▇▇▇, ▇▇.
[ADDRESS]
| Re: |
Employment Agreement dated April 17, 2000 between ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, ▇▇. and ▇▇▇▇▇ Hotels & Casino Resorts, Inc., ▇▇▇▇▇ Hotels & Casino Resorts Holdings, L.P. and ▇▇▇▇▇ Atlantic City Associates (collectively “▇▇▇▇▇”) (the “Agreement”) |
Dear ▇▇. ▇▇▇▇▇▇▇▇:
This letter will confirm that the Agreement is hereby amended as set forth below:
| 1. |
the Expiration Date is extended to December 31, 2006; |
|
|
|
| 2. |
paragraph 2 is amended to reflect the annual base salary of $400,000; and |
|
|
|
| 3. |
paragraph 3 is amended to state that commencing January 1, 2004 the annual salary shall be increased at a rate not less than 5% per annum. |
Except to the extent modified herein, you and ▇▇▇▇▇ hereby ratify the Agreement and agree that all other terms, conditions and obligations contained therein remain in full force and effect as stated in the Agreement.
|
|
Very truly yours, | ||
|
|
| ||
|
|
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇ |
| |
|
|
|
| |
|
|
▇▇▇▇ ▇. ▇▇▇▇▇ |
| |
|
|
Chief Operating Officer |
| |
|
|
| ||
| Agreed and Consented to: |
| ||
|
|
| ||
| /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ |
|
| |
| |
|
| |
| ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, ▇▇. |
|
| |
| 1/13/03 |
|
| |