| 1.   | You      hereby resign from your position as Chairman of the Board of WMS,      effective July 1, 2008, but will remain as a member of the      Board. |
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| 2.   | For      the period commencing July 1, 2008 and ending June 30, 2011, you shall      provide such business advisory services to the Company as shall be      requested from time to time by the Board of Directors of the Company, by      the Lead Director or by any of the Chairmen of the Company’s Audit and      Ethics Committee, Compensation Committee or Nominating and Corporate      Governance Committee.  You will not be required to report on any      periodic basis to the Company’s offices or any other specific location and      may render such services by telephone or written      communication.  The Company will give you reasonable prior      notice of the times your services will be needed and you will have a      reasonable time after notice from the Company to render such requested      services. |
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| 3.   | After      the effective date of your resignation as Chairman, as a Board member you      will receive the same annual cash retainer (currently $50,000) and equity      grants that other non-management directors receive (as Chairman you      received an annual cash retainer of $500,000 and such equity      grants). |
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| 4.   | As      compensation for your advisory services hereunder, commencing July 1,      2008, the Company will pay you an advisory fee of $450,000 per annum at      the rate of $37,500 per month. |
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| 5.   | The      provisions of paragraph 4 of your letter agreement dated June 12, 2001      (the “June 2001 Letter”) relating to medical, dental and other expenses,      shall remain in full force and effect.  Those provisions provide      for WMS, during your life and the life of your wife Elaine, if she      survives you, to reimburse you and Elaine for all medical and dental      expenses incurred by the two of you to the extent such expenses are not      otherwise reimbursed by insurance provided by  WMS. |
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| 6.   | During      the term of your advisory agreement, in accordance with the provisions of      paragraph 3 of the June 2001 Letter, so long as the Company retains its      rights to use a corporate aircraft you will have the right to use that      corporate aircraft for corporate business in the same manner as you have      previously. |
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| 7.   | The      date of June 30, 2010 set forth in paragraph 5 of the June 2001 Letter      relating to your contractual non-compete period is hereby changed to June      30, 2012. |
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