First Amendment to Employment Agreement between Nevada Property 1 LLC and Tom McCartney

Contract Categories: Human Resources › Employment Agreements
Summary

This letter agreement amends the original Employment Agreement dated December 6, 2011, between Nevada Property 1 LLC and Tom McCartney. The amendment extends the term of McCartney's employment by 90 days, now expiring on April 1, 2015. All other terms of the original agreement remain unchanged and in effect.

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EX-10.4 2 d799944dex104.htm EX-10.4 EX-10.4

Exhibit 10.4

November 7, 2014

Tom McCartney

9712 Amber Peak Court

Las Vegas, Nevada 89144

        RE:    FIRST LETTER AMENDMENT TO EMPLOYMENT AGREEMENT

Dear Tom:

Reference is made to that certain Employment Agreement, dated as of December 6, 2011, the (“Agreement”), by and between Nevada Property 1 LLC (“Employer”), and Tom McCartney (“Executive”). All capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Agreement.

Employer and Executive have agreed to amend certain provisions of the Agreement by this letter amendment (this “First Amendment”). In particular, the parties hereby acknowledge and agree the Specified Term of the Agreement is hereby extended for a period of ninety (90) days, expiring on April 1, 2015.

Except as expressly modified by this First Amendment, the terms of the Agreement remain in full force and effect, unmodified.

 

NEVADA PROPERTY 1 LLC     EXECUTIVE
By:   /s/ John Unwin     By:   /s/ Thomas J. McCartney
 

Name: John Unwin

Title: Chief Executive Officer

      

Name: Thomas J. McCartney

Title: Chief Operating Officer

 

By:   /s/ Ronald G. Eidell      
 

Name: Ronald G. Eidell

Title: Chief Financial Officer