Amendment No. 3 to Employment Agreement between Century Casinos, Inc. and Dr. Erwin Haitzmann

Summary

This amendment updates the employment agreement between Century Casinos, Inc. and Dr. Erwin Haitzmann. It extends the term of Dr. Haitzmann’s employment to December 31, 2014, and changes the employer’s address to Century Casinos Europe GmbH in Vienna, Austria. All other terms of the original agreement remain unchanged. The amendment is signed by representatives of the employer, the employee, and the company’s compensation committee.

EX-10.1 2 ex10-1.htm AMENDMENT NO. 3 TO EMPLOYMENT AGREEMENT - HAITZMANN ex10-1.htm
AMENDMENT TO EMPLOYMENT AGREEMENT
DATED NOVEMBER 5, 2009

This Amendment to Employment Agreement (“EA”) is further amending the Employment Agreement that was entered into and signed on February 18, 2003 by and between Century Casinos, Inc., a Delaware corporation and Dr. Erwin Haitzmann (“Employee”), an Austrian citizen, as follows:

A)  
In Section 1. Term of Agreement, the date “December 31, 2009” shall be replaced with “December 31, 2014

B)  
In Section 10. Notice, the address of the Employer shall read as follows:

Employer:
 Century Casinos Europe GmbH
Untere Viaduktgasse 2, 3. Stock
A-1030 Wien, Austria/Europe

IN WITNESS WHEREOF, Employer and Employee have duly executed this Amendment as of the day and year first above written.

 
EMPLOYER – CENTURY CASINOS EUROPE GMBH:

By: /s/ Andreas Terler                                                                           
DI Andreas Terler, Geschaeftsfuhrer

EMPLOYEE:

By: /s/ Erwin Haitzmann                                                                
Dr. Erwin Haitzmann


FOR CENTURY CASINOS, INC. AND COMPENSATION COMMITTEE:

By: /s/ Gottfried Schellmann                                                                           
Mag. Gottfried Schellmann,
Director and Member of Compensation Committee

By: /s/ Dinah Corbaci                                                                
Dr. Dinah Corbaci,
Director and Member of Compensation Committee