Amendment No. 1 to Employment Agreement between World Wrestling Federation Entertainment, Inc. and Vincent K. McMahon

Summary

This amendment updates the employment agreement between World Wrestling Federation Entertainment, Inc. and Vincent K. McMahon, originally dated October 14, 1999. Effective May 1, 2002, it increases Mr. McMahon's salary from $1,000,000 to $1,085,000 and removes the second sentence from Section 4(b) of the agreement. The amendment is signed by company representatives and Mr. McMahon.

EX-10.2A 3 a2085077zex-10_2a.txt EXHIBIT 10-2A Exhibit 10.2(a) AMENDMENT NO. 1 TO EMPLOYMENT AGREEEMENT DATED OCTOBER 14, 1999 This Amendment, dated as of May 1, 2002, to the Employment Agreement dated October 14, 1999, between World Wrestling Federation Entertainment, Inc. and Vincent K. McMahon (the "Agreement"), is hereby amended as follows: 1. Section 3 is hereby amended by deleting the number "$1,000,000.00" and inserting in lieu thereof the number "$1,085,000.00". 2. Section 4(b) is amended by removing the second sentence thereof. IN WITNESS WHEREOF, the parties have executed this Amendment as of the date written above. WORLD WRESTLING FEDERATION ENTERTAINMENT, INC. By: /s/ AUGUST J. LIGUORI /s/ VINCENT K. MCMAHON ------------------------ --------------------------- Name: AUGUST J. LIGUORI Vincent K. McMahon ---------------------- Title: CFO --------------------- - and - By: /s/ LOWELL P. WEICKER, JR. ---------------------------- Lowell P. Weicker, Jr. Chairman, Compensation Committee