Document:

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                                                              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<PAGE>

                                                                 Exhibit 10-6

                       WORLD WRESTLING ENTERTAINMENT, INC.
                          EMPLOYEE STOCK PURCHASE PLAN

1. PURPOSE. The purpose of the Plan is to provide employees of the Company and
its Designated Subsidiaries an opportunity to purchase Class A Common Stock of
the Company through accumulated payroll deductions. It is the intention of the
Company to have the Plan qualify as an "Employee Stock Purchase Plan" under
Section 423 of the Internal Revenue Code of 1986, as amended. The provisions of
the Plan, accordingly, shall be construed so as to extend and limit
participation in a manner consistent with the requirements of that section of
the Code.

2. DEFINITIONS.

     a. "Board" shall mean the Board of Directors of the Company.

     b. "Code" shall mean the Internal Revenue Code of 1986, as amended.

     c. "Committee" shall mean the Compensation Committee of the Board, or any
successor thereto, or if no such committee exists, the Board.

     d. "Common Stock" shall mean the Class A common stock, par value $.01 per
share, of the Company.

     e. "Company" shall mean World Wrestling Entertainment, Inc., a Delaware
corporation, and any Designated Subsidiary of the Company.

     f. "Compensation" shall mean all base straight time gross earnings,
exclusive of payments for overtime, shift premium, commissions, incentive
compensation, incentive payments, bonuses and other compensation.

     g. "Designated Subsidiary" shall mean any Subsidiary which has been
designated by the Board from time to time in its sole discretion as eligible to
participate in the Plan.

     h. "Employee" shall mean any individual who is an employee of the Company
or a Designated Subsidiary subject to payroll tax withholding and whose
customary employment with the Company or Designated Subsidiary is at least
twenty (20) hours per week and more than five (5) months in any calendar year.
For purposes of the Plan, the employment relationship shall be treated as
continuing intact while the individual is on sick leave or other leave of
absence approved by the Company. Where the period of leave exceeds 90 days and
the individual's right to reemployment is not guaranteed either by statute or by
contract, the employment relationship shall be deemed to have terminated on the
91st day of such leave.

     i. "Enrollment Date" shall mean the first day of each Offering Period.

     j. "Exercise Date" shall mean the last day of each Offering Period.

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     k. "Fair Market Value" shall mean, as of any date, the value of Common
Stock determined as follows:

          (1) If the Common Stock is listed on any established stock exchange or
a national market system, including without limitation the NASDAQ National
Market or The NASDAQ SmallCap Market of The NASDAQ Stock Market, its Fair Market
Value shall be the closing sales price for such stock (or the closing bid, if no
sales were reported) as quoted on such exchange or system for the last market
trading day on the date of such determination, as reported in The Wall Street
Journal or such other source as the Board deems reliable, or;

          (2) If the Common Stock is regularly quoted by a recognized securities
dealer but selling prices are not reported, its Fair Market Value shall be the
mean of the closing bid and asked prices for the Common Stock on the date of
such determination, as reported in The Wall Street Journal or such other source
as the Board deems reliable, or;

          (3) In the absence of an established market for the Common Stock, the
Fair Market Value thereof shall be determined in good faith by the Board.

     1. "Offering Period" shall mean successive periods of approximately six (6)
months during which an option granted pursuant to the Plan may be exercised,
commencing on the first Trading Day on or after each January 15 and July 15 and
terminating on the last Trading Day in the period ending the following July 14
and January 14, respectively. The duration of Offering Periods may be changed
pursuant to Section 4 of this Plan.

     m. "Plan" shall mean this Employee Stock Purchase Plan, as it may be
amended from time to time.

     n. "Purchase Price" shall mean an amount equal to 85% of the Fair Market
Value of a share of Common Stock on the Enrollment Date or on the Exercise Date,
whichever is lower; PROVIDED, HOWEVER, that the Purchase Price may be adjusted
by the Board pursuant to Section 19.

     o. "Reserves" shall mean the number of shares of Common Stock covered by
each option under the Plan which have not yet been exercised and the number of
shares of Common Stock which have been authorized for issuance under the Plan
but not yet placed under option.

     p. "Subsidiary" shall mean a corporation, domestic or foreign, of which not
less than 50% of the voting shares are held by the Company or a Subsidiary,
whether or not such corporation now exists or is hereafter organized or acquired
by the Company or a Subsidiary.

     q. "Trading Day" shall mean a day on which national stock exchanges and the
NASDAQ System are open for trading.

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3. ELIGIBILITY.

     a. Any Employee who shall be employed by the Company or a Designated
Subsidiary on the first Enrollment Date or any Employee hired after the first
Enrollment Date who has at least six months service to the Company or Designated
Subsidiary on a given Enrollment Date shall be eligible to participate in the
Plan.

     b. Any provisions of the Plan to the contrary notwithstanding, no Employee
shall be granted an option under the Plan to the extent that, immediately after
the grant, such Employee (or any other person whose stock would be attributed to
such Employee pursuant to Section 424(d) of the Code) would own capital stock of
the Company and/or hold outstanding options to purchase such stock possessing
five percent (5%) or more of the total combined voting power or value of all
classes of the capital stock of the Company or of any Subsidiary.

4. OFFERING PERIODS. The Plan shall be implemented by consecutive Offering
Periods. The Board shall have the power to change the duration of Offering
Periods (including the commencement dates thereof) with respect to future
offerings without stockholder approval if such change is announced at least five
(5) days prior to the scheduled beginning of the first Offering Period to be
affected thereafter.

5. PARTICIPATION.

     a. An eligible Employee may become a participant in the Plan by completing
a subscription agreement authorizing payroll deductions in a form provided by
the Company and filing it with the Company's Human Resources Department at least
ten business days prior to the applicable Enrollment Date.

     b. Payroll deductions for a participant shall commence on the first payroll
following the Enrollment Date and shall end on the last payroll in the Offering
Period to which such authorization is applicable, unless sooner terminated by
the participant as provided in Section 10 hereof.

6. PAYROLL DEDUCTIONS.

     a. Subject to the limitations of Section 7, at the time a participant files
his or her subscription agreement, he or she shall elect to have specified
dollar (in increments of $5.00) payroll deductions made on each payday during
the Offering Period in an amount not exceeding ten percent (10%) of the
participant's Compensation received on each pay day during the Offering Period.

     b. All payroll deductions made for a participant shall be credited to his
or her account under the Plan. A participant may not make any additional
payments into such account. No interest shall accrue on the payroll deductions
of a participant in the Plan.

     c. A participant may discontinue his or her participation in the Plan as
provided in Section 10, or may increase or decrease the rate of his or her
payroll deductions at the end of any Offering Period by completing or filing
with the Company a new subscription agreement authorizing a change in payroll
deduction rate at least ten

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business days prior to the Enrollment Date on which the change will take effect.
The change in rate shall be effective with the new Enrollment Period. A
participant's subscription agreement shall remain in effect for successive
Offering Periods unless changed pursuant to this Section 6(c) or terminated as
provided in Section 10.

     d. Notwithstanding the foregoing, to the extent necessary to comply with
Section 423(b)(8) of the Code and Section 7 of the Plan, a participant's payroll
deductions may be decreased to zero percent (0%) at any time during an Offering
Period. Payroll deductions shall recommence at the rate provided in such
participant's subscription agreement at the beginning of the first Offering
Period which is scheduled to end in the following calendar year, unless
terminated by the participant as provided in Section 10.

     e. At the time the option is exercised, in whole or in part, or at the time
some or all of the Company's Common Stock issued under the Plan is disposed of,
the participant must make adequate provision for the Company's federal, state,
or other tax withholding obligations, if any, which arise upon the exercise of
the option or the disposition of the Common Stock. At any time, the Company may,
but shall not be obligated to, withhold from the participant's Compensation or
other pay the amount necessary for the Company to meet applicable withholding
obligations, including any withholding required to make available to the Company
any tax deductions or benefits attributable to sale or early disposition of
Common Stock by the Employee.

7. GRANT OF OPTION. On the Enrollment Date of each Offering Period, each
eligible Employee participating in such Offering Period shall be granted an
option to purchase on the Exercise Date of such Offering Period (at the
applicable Purchase Price) up to a number of shares of the Company's Common
Stock determined by dividing such Employee's payroll deductions accumulated
prior to such Exercise Date and retained in the Participant's account as of the
Exercise Date by the applicable Purchase Price; PROVIDED, HOWEVER, that (i) no
Employee shall be granted an option permitting his or her rights to purchase
Common Stock under all employee stock purchase plans of the Company and its
Subsidiaries to accrue at a rate which exceeds twenty-five thousand dollars
($25,000) of the Fair Market Value of the Common Stock (determined at the time
such option is granted) for each calendar year in which such option is
outstanding at any time; and (ii) that any purchase of Common Stock under the
Plan shall be subject to the limitations set forth in Section 3(b). Exercise of
the option shall occur as provided in Section 8, unless the participant has
withdrawn from participation in the Plan pursuant to Section 10. The Option
shall expire on the last day of the Offering Period.

8. EXERCISE OF OPTION. Unless a participant withdraws from the Plan as provided
in Section 10, his or her option for the purchase of shares shall be exercised
automatically on the Exercise Date, and the maximum number of full shares
subject to such option shall be purchased for that participant at the applicable
Purchase Price with the accumulated payroll deductions in his or her account. No
fractional shares shall be purchased; any payroll deductions accumulated in a
participant's account which are not sufficient to purchase a full share shall be
retained in the participant's account for the subsequent Offering Period,
subject to earlier withdrawal by the participant as provided in Section 10. Any
other monies left over in a participant's account after the Exercise Date shall
be

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returned to the participant. During a participant's lifetime, a participant's
option to purchase shares hereunder is exercisable only by him or her.

9. DELIVERY. As promptly as practicable after each Exercise Date on which a
purchase of shares occurs, the Company shall arrange the delivery to each
participant, as appropriate, the shares purchased upon exercise of his or her
option. Shares to be delivered to a participant under the Plan shall be
registered in the name of the broker appointed by the Committee from time to
time (the "Broker") to administer the Plan for the beneficial ownership of the
participant or the participant and his or her spouse. The Company may utilize
electronic or automated methods of share transfer. The Company may require that
shares be retained with such broker or agent for a designated period of time
and/or may establish other procedures to permit tracking of disqualifying
dispositions of such shares and to permit orderly disposition of shares by more
than one participant. No participant shall have any voting, dividend, or other
stockholder rights with respect to shares subject to any option granted under
the Plan until the shares subject to the option have been purchased and
delivered to the participant as provided in this Section 9.

10. WITHDRAWAL.

     a. A participant may withdraw all but not less than all the payroll
deductions credited to his or her account and not yet used to exercise his or
her option under the Plan at any time by giving written notice to the Company in
a form provided by the Company. All of the participant's payroll deductions
credited to his or her account shall be paid to such participant as soon as
administratively practicable after receipt of notice of withdrawal and such
participant's option for the Offering Period shall be automatically terminated,
and no further payroll deductions for the purchase of shares shall be made for
such Offering Period. If a participant withdraws from an Offering Period,
payroll deductions shall not resume at the beginning of the succeeding Offering
Period unless the participant delivers to the Company a new subscription
agreement at least ten business days before the beginning of such succeeding
Offering Period.

     b. A participant's withdrawal from an Offering Period shall not have any
effect upon his or her eligibility to participate in any similar plan which may
hereafter be adopted by the Company or in succeeding Offering Periods which
commence after the termination of the Offering Period from which the participant
withdraws.

11. TERMINATION OF EMPLOYMENT. Upon a participant's ceasing to be an Employee
for any reason, he or she shall be deemed to have elected to withdraw from the
Plan and the payroll deductions credited to such participant's account during
the Offering Period but not yet used to exercise the option shall be returned to
such participant or, in the case of his or her death, to the person or persons
entitled thereto under Section 15, and such participant's option shall be
automatically terminated.

12. STOCK. Subject to adjustment upon changes in capitalization of the Company
as provided in Section 19, the maximum number of shares of the Company's Common
Stock which shall be made available for sale under the Plan shall be two million
(2,000,000) shares. If, on a given Exercise Date, the number of shares with
respect to

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which options are to be exercised exceeds the number of shares then available
under the Plan, the Company shall make a pro rata allocation of the shares
remaining available for purchase in as uniform a manner as shall be practicable
and as it shall determine to be equitable.

13. ADMINISTRATION. The Plan shall be administered by the Committee. The
Committee shall have full power, discretion and authority to promulgate any
rules and regulations which it deems necessary for the proper administration of
the Plan, to interpret the provisions and supervise the administration of the
Plan, to make factual determinations relevant to Plan entitlements, to take all
action in connection with administration of the Plan as it deems necessary or
advisable and to adjudicate all disputed claims filed under the Plan. Every
finding, decision and determination made by the Committee shall, to the full
extent permitted by law, be final and binding upon all parties.

14. DESIGNATION OF BENEFICIARY.

     a. A participant may file a written designation of a beneficiary who is to
receive any shares and cash, if any, from the participant's account under the
Plan in the event of such participant's death subsequent to an Exercise Date on
which the option is exercised but prior to delivery to such participant of such
shares and cash. In addition, a participant may file a written designation of a
beneficiary who is to receive any cash from the participant's account under the
Plan in the event of such participant's death prior to exercise of the option.

     b. Such designation of beneficiary may be changed by the participant at any
time by written notice. In the event of the death of a participant and in the
absence of a beneficiary validly designated under the Plan who is living at the
time of such participant's death, the Company shall deliver such shares and/or
cash to the executor or administrator of the estate of the participant, or if no
such executor or administrator has been appointed (to the knowledge of the
Company), the Company, in its discretion, may deliver such shares and/or cash to
the spouse or to any one or more dependents or relatives of the participant, or
if no spouse, dependent or relative is known to the Company, then to such other
person as the Company may designate.

15. TRANSFERABILITY. Neither payroll deductions credited to a participant's
account nor any rights with regard to the exercise of an option or to receive
shares under the Plan may be assigned, transferred, pledged or otherwise
disposed of in any way (other than by will, the laws of descent and distribution
or as provided in Section 14) by the participant. Any such attempt at
assignment, transfer, pledge or other disposition shall be without effect,
except that the Company may treat such act as an election to withdraw funds from
an Offering Period in accordance with Section 10.

16. USE OF FUNDS. All payroll deductions received or held by the Company under
the Plan may be used by the Company for any corporate purpose, and the Company
shall not be obligated to segregate such payroll deductions.

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17. REPORTS. Individual accounts shall be maintained for each participant in the
Plan. Statements of account shall be given to participating Employees at least
annually, which statements shall set forth the amounts of payroll deductions,
the Purchase Price, the number of shares purchased and the remaining cash
balance, if any.

18. ADJUSTMENTS UPON CHANGES IN CAPITALIZATION, DISSOLUTION, LIQUIDATION, MERGER
OR ASSET SALE.

     a. If after the grant of an option, but prior to the purchase of Common
Stock under the option, there is any increase or decrease in the number of
outstanding shares of Common Stock because of a stock split, stock dividend,
combination or recapitalization of shares subject to options or any other
similar change in the Company's capitalization, the number of shares to be
purchased pursuant to an option, the price per share of Common Stock covered by
an option and the maximum number of shares specified in Section 12 shall be
appropriately adjusted by the Board, and the Board shall take any further
actions which, in the exercise of its discretion, may be necessary or
appropriate under the circumstances. The Board's determinations under this
Section 18 shall be conclusive and binding on all parties.

     b. In the event of stockholder approval of a liquidation or dissolution of
the Company, the current Offering Period will terminate immediately, unless
otherwise provided by the Board in its sole discretion, and all outstanding
options shall automatically terminate and the amounts of all payroll deductions
will be refunded without interest to the Participants.

     c. In the event of a sale of all or substantially all of the assets of the
Company or the merger or consolidation of the Company with or into another
corporation, then, in the sole discretion of the Board, (1) each option shall be
assumed or an equivalent option shall be substituted by the successor
corporation or parent or subsidiary of such successor corporation, (2) a date
established by the Board on or before the date of consummation of such merger,
consolidation or sale shall be treated as a Purchase Date, and all outstanding
options shall be exercised on such date, or (3) all outstanding options shall
terminate and the accumulated payroll deductions will be refunded without
interest to the Participants.

19. AMENDMENT OR TERMINATION.

     a. The Board of Directors of the Company may at any time and for any reason
terminate or amend the Plan. Except as provided in Section 18, no such
termination can affect options previously granted, provided that an Offering
Period may be terminated by the Board of Directors on any Exercise Date if the
Board determines that the termination of the Offering Period or the Plan is in
the best interests of the Company and its stockholders. Except as provided in
Section 18 and Section 19, no amendment may make any change in any option
theretofore granted which adversely affects the rights of any participant. To
the extent necessary to comply with Section 423 of the Code (or any other
applicable law, regulation or stock exchange rule), the Company shall obtain
stockholder approval of any amendment or termination of the Plan in such a
manner and to such a degree as required.

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     b. Without stockholder consent and without regard to whether any
participant rights may be considered to have been "adversely affected," the
Board (or the Committee) shall be entitled to change the Offering Periods,
establish the exchange ratio applicable to amounts withheld in a currency other
than U. S. dollars, permit payroll withholding in excess of the amount
designated by a participant in order to adjust for delays or mistakes in the
Company's processing of properly completed withholding elections, establish
reasonable waiting and adjustment periods and/or accounting and crediting
procedures to ensure that amounts applied toward the purchase of Common Stock
for each participant properly correspond with amounts withheld from the
participant's Compensation, and establish such other limitations or procedures
as the Board (or the Committee) determines in its sole discretion advisable
which are consistent with the Plan.

     c. In the event the Board determines that the ongoing operation of the Plan
may result in unfavorable financial accounting consequences, the Board may, in
its discretion and to the extent necessary or desirable, modify or amend the
Plan to reduce or eliminate such accounting consequence including, but not
limited to:

          (1) altering the Purchase Price for any Offering Period including an
Offering Period underway at the time of the change in Purchase Price;

          (2) shortening any Offering Period so that the Offering Period ends on
a new Exercise Date, including an Offering Period underway at the time of the
Board action; and

          (3) allocating shares.

Such modifications or amendments shall not require stockholder approval or the
consent of any Plan participants.

20. NOTICES. All notices or other communications by a participant to the Company
under or in connection with the Plan shall be deemed to have been duly given
when received in the form specified by the Company at the location, or by the
person, designated by the Company for the receipt thereof.

21. CONDITIONS UPON ISSUANCE OF SHARES.

     a. Shares shall not be issued with respect to an option unless the exercise
of such option and the issuance and delivery of such shares pursuant thereto
complies with all applicable provisions of law, domestic or foreign, including,
without limitation, the Securities Act of 1933, as amended, the Securities
Exchange Act of 1934, as amended, the rules and regulations promulgated
thereunder, and the requirements of any stock exchange upon which the shares may
then be listed, and shall be further subject to the approval of counsel for the
Company with respect to such compliance.

     b. As a condition to the exercise of an option, the Company may require the
person exercising such option to represent and warrant at the time of any such
exercise that the shares are being purchased only for investment and without any
present intention

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to sell or distribute such shares if, in the opinion of counsel for the Company,
such a representation is required by any of the aforementioned applicable
provisions of law.

22. TERM OF PLAN. The Plan shall become effective upon the earlier to occur of
its adoption by the Board of Directors or its approval by the stockholders of
the Company. It shall continue in effect for a term of ten (10) years unless
sooner terminated under Section 19.

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