Exhibit
10.14


 


FIRST
AMENDMENT TO EMPLOYMENT AGREEMENT


 


THIS
FIRST AMENDMENT TO EMPLOYMENT AGREEMENT (this “First Amendment”)
is made and entered into as of the 13th day of July, 2004, by and between STATION CASINOS, INC., a Nevada corporation, with its principal
offices located at 2411 West Sahara Avenue, Las Vegas, Nevada  89102 (the “Company”),
and SCOTT M NIELSON (the “Executive”).


 


WHEREAS, the Company and the Executive are
parties to an Employment Agreement, dated as of May 20, 2003 (the “Employment Agreement”); and


 


WHEREAS, the Company and the Executive now
desire to amend the Employment Agreement as provided herein.


 


NOW, THEREFORE, in consideration of the premises and the mutual
covenants contained herein and for other good and valuable consideration, the
Company and the Executive agree to the following:


 


                1.             Subsection 1.18 of the
Employment Agreement is hereby amended in full to read as follows:


 


“1.18       “Restricted
Area” shall mean the City of Las Vegas, Nevada, and the area within
a twenty-five (25) mile radius of that city; provided, however,
that in the event the Executive voluntarily terminates this Agreement pursuant
to Subsections 6.3, 7.2 or 7.3, the Restricted Area shall (a) after the
first twelve months of the Restriction Period, exclude the Las Vegas Strip
(which is defined as that area bounded by Paradise Road and straight extensions
thereof on the East, Charleston Boulevard on the North, I-15 on the West, and
Sunset Road on the South) and (b) after a Change in Control, exclude Downtown Las
Vegas (which is defined as that area bounded by Eastern Avenue and straight
extensions thereof on the East, I-515 (U.S. Highway 93/95) on the North, I-15
on the West, and Charleston Boulevard on the South).”


 


                2.             The first sentence of Subsection
2.3 of the Employment Agreement is hereby amended to read as follows:


 


                                                                “During
the Term of Employment, the Executive shall be employed as Executive Vice
President of Development and Government Relations, or in such other capacity as
the Company may direct, and shall have such responsibilities as the Company may
direct from time to time.”


 


                3.             Capitalized terms not otherwise
defined in this First Amendment shall have the meanings set forth in the
Employment Agreement.


 





















 


                4.             Except as expressly amended by this
First Amendment, all other terms and provisions of the Employment Agreement
shall remain unaltered, are hereby reaffirmed, and shall continue in full force
and effect.


 


                5.             This First Amendment may be
executed in counterparts, each of which shall be deemed an original and all of
which shall constitute one and the same document, with the same effect as if
all parties had signed on the same page.


 


                IN WITNESS WHEREOF, the undersigned have executed this First
Amendment as of the date first written above.


 


 


	
   

  	
  STATION CASINOS, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
  By

  	
   /s/ Glenn C. Christenson

  	
   

  
	
   

  	
  Name:

  	
  Glenn C. Christenson

  
	
   

  	
  Title:

  	
  Executive Vice
  President

  
	
   

  	
   

  	
  Chief Financial Officer

  
	
   

  	
   

  	
  Chief Administrative
  Officer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  /s/ Scott M Nielson

  	
   

  
	
   

  	
  SCOTT M NIELSON

  
	
   

  	
   

  	
   

  
					



 


 


Executive’s
Initials _____


 


Company’s Initials
_____


 


 


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