Amendment to Employment Agreement between Priceline.com Incorporated and Robert Mylod

Summary

This amendment updates the employment agreement between Priceline.com Incorporated and Robert Mylod. It changes the vesting schedule for 700,000 shares of restricted stock: 350,000 shares will vest on May 20, 2001, and the remaining 350,000 shares will vest two years after the agreement's effective date, provided Mr. Mylod is still employed by the company on each vesting date.

EX-10.66 3 ex10-66.txt MATERIAL CONTRACTS Exhibit 10.66 AMENDMENT TO EMPLOYMENT AGREEMENT The Employment Agreement, dated November 20, 2000, by and between priceline.com Incorporated and Robert Mylod, shall be amended by replacing the first sentence of Section 4(d)(ii) in its entirety with two new sentences reading in full as follows: "Three hundred and fifty thousand (350,000) shares of the Restricted Stock shall vest on May 20, 2001. The remaining three hundred and fifty thousand (350,000) shares of Restricted Stock (the "Second Tranche") shall vest on the second anniversary of the Effective Date, provided that Executive is employed by the Company on each such vesting date." PRICELINE.COM INCORPORATED /s/ Richard Braddock ---------------------------------- By: Richard Braddock Title: Chairman /s/ Robert Mylod ---------------------------------- Robert Mylod Dated as of: June 15, 2001