Amendment to Employment Agreement between Scientific Games Corporation and Larry A. Potts (May 1, 2015)

Summary

This letter agreement amends the existing employment agreement between Scientific Games Corporation and Larry A. Potts. It extends Mr. Potts' employment term from December 31, 2015, to December 31, 2017, with renewal terms unchanged. It also updates his title to Senior Vice President, Chief Compliance Officer & Director Corporate Security, reporting to the CEO. The amendment is effective upon Mr. Potts' acknowledgment and signature.

EX-10.1 2 a15-10825_1ex10d1.htm EX-10.1

Exhibit 10.1

 

May 1, 2015

Mr. Larry A. Potts

Vice President, Chief Compliance Officer & Director Corporate Security

6650 S. EI Camino Road

Las Vegas, NV 89118

 

Dear Larry:

 

With regard to your Employment Agreement dated as of January 1, 2006 (executed August 2, 2006), and as amended by a letter agreement dated October 2, 2008, an amendment to the Employment Agreement dated as of December 30, 2008, a letter agreement dated September 28, 2011, and a letter agreement dated April 30, 2014 (as so amended, the “Agreement”), we are pleased to confirm the following changes to the Agreement:

 

With regard to Section 2 of the Agreement, the term will be extended from December 31, 2015 to December 31, 2017.  The renewal terms contained in Section 2 remain unchanged.

 

With regard to Section 3 of the Agreement, your title is revised to be Senior Vice President, Chief Compliance Officer & Director Corporate Security, reporting to the Chief Executive Officer.

 

If these changes are agreeable, please sign an acknowledgment copy and return to me.

 

Thank you.

 

SCIENTIFIC GAMES CORPORATION

 

 

 

 

 

By:

/s/ Gary L. Melampy

 

 

Gary L. Melampy, VP & Chief HR Officer

 

 

 

 

 

Acknowledged this 1st day of May, 2015

 

 

 

 

 

/s/ Larry A. Potts

 

Larry A. Potts