Item 5.02.              Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On May 8, 2008, Scientific Games Corporation (the “Company”) entered into a letter agreement with Michael R. Chambrello, the Company’s President and Chief Operating Officer, amending in certain respects the Company’s existing employment agreement with Mr. Chambrello.

 

On May 12, 2008, the Company entered into an amendment to the Company’s existing employment agreement with A. Lorne Weil, the Company’s Chairman and Chief Executive Officer.

 

On May 14, 2008, the Company entered into an employment agreement with Joseph R. Wright, Jr., the Company’s executive Vice Chairman.

 

For descriptions of the material terms of the employment agreement with Mr. Wright and the amendments to the employment agreements with Messrs. Weil and Chambrello, please see the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on April 29, 2008, which is incorporated herein by reference.  Such descriptions are qualified in their entirety by the full text of the agreement and the amendments, copies of which are attached hereto and incorporated herein by reference.

 

Section 9 - Financial Statements and Exhibits

 

Item 9.01.                                          Financial Statements and Exhibits.

 

(d)  Exhibits

 

Exhibit No.

 

Description

 

 

 

10.1

 

Employment Agreement effective as of May 1, 2008 by and between the Company and Joseph R. Wright, Jr. (executed on May 14, 2008).

 

 

 

10.2

 

Amendment to Employment Agreement effective as of May 1, 2008 by and between the Company and A. Lorne Weil (executed on May 12, 2008), which amended Mr. Weil’s Employment Agreement dated as of January 1, 2006, as amended by the Letter dated August 2, 2007.

 

 

 

10.3

 

Letter Agreement, dated as of May 8, 2008, by and between the Company and Michael R. Chambrello, which amended Mr. Chambrello’s Employment Agreement dated as of June 17, 2005, as amended by the Letter Agreement dated as of August 2, 2006 (effective as of January 1, 2006).

 

 


 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

SCIENTIFIC GAMES CORPORATION

 

 

 

 

 

 

 

By:

/s/ DeWayne E. Laird

 

 

Name:

DeWayne E. Laird

 

 

Title:

Vice President and Chief Financial Officer

 

Date:  May 14, 2008

 

 


 

 

Exhibit Index

 

Exhibit No.

 

Description

 

 

 

10.1

 

Employment Agreement effective as of May 1, 2008 by and between the Company and Joseph R. Wright, Jr. (executed on May 14, 2008).

 

 

 

10.2

 

Amendment to Employment Agreement effective as of May 1, 2008 by and between the Company and A. Lorne Weil (executed on May 12, 2008), which amended Mr. Weil’s Employment Agreement dated as of January 1, 2006, as amended by the Letter dated August 2, 2007.

 

 

 

10.3

 

Letter Agreement, dated as of May 8, 2008, by and between the Company and Michael R. Chambrello, which amended Mr. Chambrello’s Employment Agreement dated as of June 17, 2005, as amended by the Letter Agreement dated as of August 2, 2006 (effective as of January 1, 2006).