Amendment to Employment Agreement of Tracey L. Stockwell with Universal Orlando
This amendment extends the employment agreement between Universal Orlando and Tracey L. Stockwell, who serves as Senior Vice President and Chief Financial Officer. The extension is for two years, starting January 23, 2009, and ending January 22, 2011. All other terms and conditions of the original employment agreement remain unchanged. Both parties have agreed to the extension by signing this amendment.
Exhibit 10.1
September 16, 2008
Tracey L. Stockwell
8955 Elliotts Court
Orlando, FL 32836
RE: Employment Agreement – Option
Dear Tracey:
Pursuant to your Employment Agreement dated March 13, 2006, as amended, under which you have been employed as Senior Vice President and Chief Financial Officer, we hereby exercise our option to extend the term for two (2) years, commencing on January 23, 2009 and continuing until January 22, 2011, such employment to be on all the same terms and conditions presently applicable to your employment.
Please acknowledge your receipt of this letter and agreement to the foregoing additional term of your Employment Agreement by signing and returning one original of this letter to me.
| Very truly yours, |
| /s/ Rhonda Rhodes |
| UNIVERSAL ORLANDO | ||
| By: | Rhonda Rhodes | |
ACKNOWLEDGED AND AGREED:
| /s/ Tracey L. Stockwell | 9/26/08 | |||
| Tracey L. Stockwell | Date |
