Mikohn Gaming Corp. Contracts
Sample Business Contracts
Employment Agreement [Amendment No. 2] - Mikohn Gaming Corp. and Michael Dreitzer
Employment Forms
- Employers can customize an employment agreement that states the salary, benefits, working hours and other important provisions for their new or existing employee.
- Answer simple questions to build a contract with a consultant. Specify the services rendered, when payment is due, as well as IP rights.
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- Companies may offer their business executives a contract that is different from the one provided to their regular employees. Executive employment agreements may be more complex because the compensation structure may include a combination of salary and commissions, provide for bonuses based on sales, stock or other financial targets, and include non-compete, confidentiality and severance provisions.
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- More Employment Agreements
SECOND AMENDMENT TO EMPLOYMENT AGREEMENT THIS SECOND AMENDMENT TO EMPLOYMENT AGREEMENT, is made and entered into as of the 26th day of September, 2002, by and between MIKOHN GAMING CORPORATION ("MIKOHN") and MICHAEL DREITZER ("Employee"). W I T N E S S E T H: WHEREAS, MIKOHN and Employee deem it to be in their respective best interests to amend that certain Employment Agreement entered into as of April 26, 1999, between MIKOHN and Employee (the "Agreement"). NOW, THEREFORE, in consideration of the premises and the mutual promises and agreements contained herein, it is hereby agreed as follows: Section 6(a) of the Agreement and Section 8 of the First Amendment to Employment Agreement dated January 8, 2002 shall be amended to read as follows: In the event Employee is terminated without good cause, (i) the vesting date of all options issued to Employee shall accelerate to the date of termination; (ii) MIKOHN shall pay to Employee a sum equal to Employee's Base Annual Salary as of the date of termination, said sum to be payable in twelve (12) monthly installments; and (iii) the Covenant Against Competition provided in Section 11 shall expire after twelve (12) months. IN WITNESS WHEREOF, the parties hereto have read, understood, and voluntarily executed this Second Amendment to Employment Agreement as of the day and year first above written. EMPLOYEE MIKOHN GAMING CORPORATION ______________________________ By: _______________________ MICHAEL DREITZER Its:_______________________ 1