Amendment to Executive Employment Agreement between Ameristar Casinos, Inc. and Peter C. Walsh

Summary

This amendment, dated August 16, 2002, modifies the Executive Employment Agreement between Ameristar Casinos, Inc. and Peter C. Walsh. The changes specifically update certain language in sections related to group health insurance benefits, clarifying that "Exec-U-Care or substitute benefits" are now included rather than excluded. All other terms of the original agreement remain unchanged.

EX-10.4 6 v85734exv10w4.txt EXHIBIT 10.4 EXHIBIT 10.4 AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT THIS AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT (this "Amendment") is made and entered into as of August 16, 2002, by and between Ameristar Casinos, Inc., a Nevada corporation (the "Company"), and Peter C. Walsh (the "Executive"). WHEREAS, the Company and the Executive are parties to an Executive Employment Agreement, dated as of March 13, 2002 (the "Agreement"); and WHEREAS, the Company and the Executive desire to amend the Agreement in certain respects as more particularly set forth in this Amendment. NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the Company and the Executive agree as follows: 1. Amendment to Section 6.4(g). Section 6.4(g) of the Agreement is hereby amended by (i) deleting the word "primary" preceding the phrase "group health insurance" and (ii) deleting the word "excluding" preceding the phrase "Exec-U-Care or substitute benefits" and replacing it with the word "including". 2. Amendment to Section 6.5(g). Section 6.5(g) of the Agreement is hereby amended by (i) deleting the word "primary" preceding the phrase "group health insurance" and (ii) deleting the word "excluding" preceding the phrase "Exec-U-Care or substitute benefits" and replacing it with the word "including". 3. Amendment to Section 7.2(g). Section 7.2(g) of the Agreement is hereby amended by (i) deleting the word "primary" preceding the phrase "group health insurance" and (ii) deleting the word "excluding" preceding the phrase "Exec-U-Care or substitute benefits" and replacing it with the word "including". 4. Confirmation. Except as amended pursuant to this Amendment, the terms of the Agreement shall continue in full force and effect. IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the date first written above. AMERISTAR CASINOS, INC. EXECUTIVE: By: /s/ Gordon R. Kanofsky /s/ Peter C. Walsh ----------------------------------- ----------------------------------- Name: Gordon R. Kanofsky PETER C. WALSH Title: Executive Vice President