First Amendment to Employment Agreement between Great Wolf Resorts, Inc. and J. Michael Schroeder

Summary

This amendment updates the employment agreement between Great Wolf Resorts, Inc. and J. Michael Schroeder, originally signed on December 13, 2004. The main change extends a specific time period in Section 4.2(f)(6)(A)(2) of the original agreement from 90 days to 120 days. All other terms of the original agreement remain unchanged and in effect.

EX-10.8 5 c56492exv10w8.htm EX-10.8 exv10w8

Exhibit 10.8

FIRST AMENDMENT TO
EMPLOYMENT AGREEMENT FOR
J. MICHAEL SCHROEDER

This is a FIRST AMENDMENT TO EMPLOYMENT AGREEMENT, dated May 28, 2008, between Great Wolf Resorts, Inc., a Delaware corporation (“Employer”) and J. Michael Schroeder, a natural person resident of the State of Wisconsin as of the date hereof (“Employee”), the terms and conditions of which are as follows:

1. Employer and Employee entered into an Employment Agreement dated as of December 13, 2004 (the “Original Agreement”).

2. Section 4.2(f)(6)(A)(2) of the Original Agreement is hereby modified by deleting the words “ninety (90) day period” and replacing them with “one hundred twenty (120) day period.”

3. All other terms and conditions of the Original Agreement are hereby ratified and confirmed.

Employer and Employee have hereby executed this FIRST AMENDMENT TO EMPLOYMENT AGREEMENT as of the date above first written.


Employer:		Employee:
GREAT WOLF RESORTS, INC.

By:	/S/	/S/

	Name: R. Churchey	J. Michael Schroeder
	Title: CEO