Amendment to Executive Employment Agreement by and among MeriStar Hospitality Corporation, MeriStar Hospitality Operating Partnership, L.P., and Bruce G. Wiles
This amendment updates the executive employment agreement between MeriStar Hospitality Corporation, MeriStar Hospitality Operating Partnership, L.P., and Bruce G. Wiles. The main change is that the agreement's term will not extend beyond December 31, 2004, unless all parties agree to an extension. All other terms of the original employment agreement remain unchanged unless they conflict with this amendment, in which case the amendment prevails.
Exhibit 10.10.1
AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT
This AMENDMENT to EXECUTIVE EMPLOYMENT AGREEMENT effective as of December 31, 2003, (the “Employment Agreement”), by and among MeriStar Hospitality Corporation (the “Company”), and MeriStar Hospitality Operating Partnership, L.P. (the “Partnership”), and Bruce G. Wiles (the “Executive”), is hereby entered into on this 23rd day of April 2004 by and among the parties.
For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the Executive, the Company, and the Partnership, the parties each agree to amend the Employment Agreement as follows:
1. The penultimate sentence of Section 1 of the Employment Agreement is hereby deleted and replaced, in its entirety, by the following sentence:
| Notwithstanding the foregoing, in no event shall the term of this Agreement extend beyond December 31, 2004, except as extended by mutual agreement of the parties. | ||
2. Any conflict between the terms and conditions of this Amendment to Executive Employment Agreement and the Employment Agreement shall be resolved in favor of this Amendment to Executive Employment Agreement.
3. Other than as modified herein, all the terms and provisions of the Employment Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment to Employment Agreement effective as of the date first above written.
| EXECUTIVE: | MERISTAR HOSPITALITY CORPORATION | |||||||||
By: | /s/ Bruce G. Wiles | By: | /s/ Donald D. Olinger | |||||||
| Bruce G. Wiles | Name: Title: | Donald D. Olinger Executive Vice President, Chief Financial Officer, and Treasurer | ||||||||
| MERISTAR HOSPITALITY OPERATING PARTNERSHIP, L.P. By: MeriStar Hospitality Corporation, its general partner | ||
| By: | /s/ Donald D. Olinger | |
| Name: Title: | Donald D. Olinger Executive Vice President, Chief Financial Officer, and Treasurer | |
