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                                                                    Exhibit-10.2

                                  AMENDMENT TO

                        THE HARRAH'S ENTERTAINMENT, INC.

                             1990 STOCK OPTION PLAN

          Harrah's Entertainment, Inc. (the "Company") hereby adopts this
Amendment to the Harrah's Entertainment, Inc. 1990 Stock Option Plan (the
"Plan"), subject to stockholder approval, which approval is expected to occur on
April 27, 2000:

         The following language is added at the end of Section D.2 of the Plan:

                  "Effective February 23, 2000, the number of authorized common
                  shares that may be issued pursuant to the options and stock
                  appreciation rights granted by the Committee under the Plan is
                  increased by an additional 1,800,000 shares. No options or
                  stock appreciation rights may be granted under this Pan with
                  respect to such 1,800,000 shares after February 28, 2008, and
                  options utilizing these shares will be subject to the same
                  repricing restrictions contained in the provisions of the
                  first sentence of Section B.3 of the Plan that apply to the
                  3,500,000 shares authorized by the Plan Amendment dated
                  February 26, 1998";

          This Amendment was duly approved by the Human Resources Committee of
the Board of Directors on February 23,2000.

                                   By: /s/ STEPHEN H. BRAMMELL
                                       ------------------------
                                       Stephen H. Brammell
                                       Secretary of Harrah's Entertainment, Inc.<PAGE>

                                                                     Exhibt-10.3

                                    TARSAP II

RESOLVED, that in order to motivate and retain the Company's key executives in
view of the Company's competitive environment, the following program (the
"TARSAP II Program") be, and it hereby is, approved by the Human Resources
Committee (the "Committee"):

         (1) Grant. Each of the executives listed on Exhibit A is granted a
         restricted stock award for the number of shares specified on Exhibit A
         (the "Restricted Shares"). The Restricted Shares are granted pursuant
         to the Company's 1990 Restricted Stock Plan, as amended, and the
         administrative regulations thereunder, subject to the terms of the
         TARSAP Program as specified herein.

         (2) Longevity Vesting. The Restricted Shares for each executive will
         vest 100% on January 1, 2008 provided the executive continues in active
         employment with the Company or its direct or indirect subsidiaries
         until January 1, 2008.

         Unless otherwise approved by the Committee, all unvested Restricted
         Shares will be forfeited and returned to the Plan if active employment
         terminates prior to January 1 of the year of the vesting date (whether
         longevity vesting or performance vesting) including termination due to
         death, retirement or voluntary or involuntary termination.

         (3) Performance Vesting. The Restricted Shares will be eligible for
         earlier annual vesting starting March 1, 2003 based on the Company
         achieving financial performance targets as recommended by the Committee
         and approved by the Board of Directors. The performance vesting
         schedule will have the following basic format, which is subject to
         modification upon recommendation by the Committee and approval of the
         Board.
<TABLE>
<CAPTION>

                                                                      Performance Vesting Schedule
                  Plan              Financial                 Potential Vesting                  Vest
                  Year               Targets*                 (Non-Cumulative)                   Date
                 <S>                <C>                               <C>                       <C>
                  2002                                                 20%                       3/1/03
                  2003                                                 20%                       3/1/04
                  2004                                                 20%                       3/1/05

<PAGE>

<CAPTION>
                  <S>                                                 <C>                       <C>
                  2005                                                 20%                       3/1/06
                  2006                                                 20%                       3/1/07
                                                                       All unvested              1/1/08
</TABLE>

                           *To be established at a later date for each year.

         (5) Change in Control. Vesting of Restricted Shares in the event of a
         Change in Control (as defined in and subject to the Plan's
         administrative regulations) will be as follows: Upon a Change in
         Control prior to January 1, 2003, 50% of the Restricted Shares will
         vest if the Participant is actively employed with the Company or its
         direct or indirect subsidiaries on the date of the Change in control
         and 50% will be forfeited. Thereafter, 100% of the Restricted Shares
         will vest similar to other restricted stock upon a Change in Control if
         the Participant is actively employed with the Company or its direct or
         indirect subsidiaries on the date of the Change in Control.

         (6) Amendments. The Human Resources Committee will have broad authority
         to oversee and amend the TARSAP Program including but not limited to
         the following:

         (a)      Subject to Board approval, authority to modify or adjust
                  performance criteria and financial targets.

         (b)      Authority to amend TARSAP II, make exceptions, and modify or
                  adjust vesting requirements of individual participants
                  including the requirement of active employment for vesting
                  based on the recommendation of the Chief Executive Officer.

         (c)      Authority to add participants and to approve new or additional
                  TARSAP II awards based on the recommendation of the Chief
                  Executive Officer.

                  The longevity vesting date of January 1, 2008 cannot be
                  extended.

         (7) Administration. The Company's Senior Vice President, Human
         Resources, will have authority to administer and interpret the TARSAP
         Program for purposes of program administration.

                                       2

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         (8) Deferral Program. The TARSAP Deferral Program previously approved
         by the Committee will be available for TARSAP II.

         RESOLVED, that each of the officers of the Company (the "Officers"), or
         their designees appointed in writing, be, and each of them hereby is,
         authorized to take any action to execute and deliver, on behalf of the
         Company, and to perform the Company's obligations under, any and all
         documents, agreements, contracts and other instruments that any one or
         more of the Officers deem necessary or desirable to evidence or give
         resolution, all upon such terms and conditions, not inconsistent with
         the aforesaid resolution, as any one or more of the Officers or their
         designees may approve; and

         RESOLVED, that this Committee hereby adopts the form and content of any
         resolutions that any one or more of the Officers, or their designees,
         deem necessary to evidence the approval by the Company of, or carry
         into effect, the actions contemplated by the foregoing resolutions if
         (1) in the opinion of such Officer, or such Officer's designee, so
         acting, the adoption of such resolutions is necessary or advisable, and
         (2) the Secretary of the Company evidences such adoption by filing with
         the minutes of this meeting copies of such resolutions which shall
         thereupon be deemed to be adopted by this Committee and incorporated in
         the minutes as a part of this resolution with the same force and effect
         as if presented and approved at this meeting.

                                       3<PAGE>

                                                                    Exhibit-10.4

                        Amendment to Employment Agreement

         Pursuant to the approval of the Company's Human Resources Committee and
in consideration of the mutual covenants herein, the Employment Agreement of
Gary W. Loveman dated May 4, 1998, is amended as follows:

         1.       Paragraph 5 is amended to read:

                  "5.      Term.  The term of this Agreement shall be four
                           (4) years, beginning May 4, 1998 and ending May
                           3, 2002."

         2.       The Salary Continuation Period referred to in paragraph 6 is
                  changed to 18 months.

         IN WITNESS WHEREOF, the parties have executed this Amendment this 26th
day of April 2000.

Executive:                                  Harrah's Entertainment, Inc.

/s/ GARY W. LOVEMAN                     By:  /s/ MARILYN G. WINN
--------------------                         --------------------------
Gary W. Loveman                              Title:  Senior Vice President,
                                                     Human Resources<PAGE>

                                                                    Exhibit-10.5

                        Amendment to Severance Agreement

         Pursuant to the approval of the Company's Human Resources Committee and
as further consideration for Executive to remain in the employ of the Company,
the parties amend the Severance Agreement of Gary W. Loveman dated October 29,
1998, as follows:

                  The reference to "1.5" in Section 4(c)(ii) of the Severance
                  Agreement is changed to "3.0."

         IN WITNESS WHEREOF, the parties have executed this Amendment this 26th
day of April 2000.

Executive:                                  Harrah's Entertainment, Inc.

/s/ GARY W. LOVEMAN                         By:  /s/ MARILYN G. WINN
--------------------                           --------------------------
Gary W. Loveman                             Title:  Senior Vice President,
                                                    Human Resources

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