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                                                                    EXHIBIT 10.2

                    AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT

        THIS AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT (this "Amendment") is made
and entered into as of the 15th day of August 2002 by and between AMERISTAR
CASINOS, INC., a Nevada corporation (the "Employer"), and THOMAS M. STEINBAUER
(the "Employee") for the purpose of amending that certain Employment Agreement
dated November 15, 1993 between the parties, as amended by that certain
Amendment No. 1 to Employment Agreement dated October 5, 2001 between the
parties (the "Agreement"). Unless otherwise required by the context, capitalized
terms used herein without definition have the same meaning as used in the
Agreement. This Amendment has been authorized and approved by the Board of
Directors of the Employer and the Compensation Committee of the Board of
Directors of the Employer.

        1. AMENDMENT OF SECTION 5.5(b) OF THE AGREEMENT. Section 5.5(b) of the
Agreement is hereby amended by deleting clauses (3) and (4) thereof in their
entirety and replacing them with the following:

           "(3) the Employer shall pay to the Employee a pro rata portion of his
        bonus for the 2002 calendar year, using an assumed bonus amount for the
        entire 2002 calendar year of $125,000 on which to base the pro rated
        bonus amount; provided, however, that this clause (3) shall not apply in
        the event that Employee terminates his employment pursuant to clause (e)
        of Section 5.3;

           (4) notwithstanding any contrary provisions of any stock option
        agreements between the Employer and the Employee:

               (A) such options shall terminate upon the later of one year after
           the termination date of Employee's employment with the Employer and
           90 days after the termination of any other qualifying relationship
           between the parties (e.g., a consulting relationship) unless the
           Employee has resumed or initiated a qualifying relationship and has
           such a qualifying relationship on such date. During such period, the
           Employee may exercise such options provided that any such option has
           not expired in accordance with its terms or has otherwise terminated
           as provided in the applicable stock option agreement;

               (B) all unvested options granted to the Employee prior to 2000
           shall be deemed fully vested as of July 31, 2002; and

               (C) the vesting of the option exercisable for 20,000 shares
           granted on October 16, 2000 by the Employer to the Employee shall be
           accelerated with respect to 7,200 of such shares, and such option
           shall be deemed fully vested with respect to such 7,200 shares on
           July 31, 2002 (in addition to the vesting of such option with respect
           to 4,000 shares on October 16, 2001, as provided in the applicable
           stock option agreement); and".

                                      -1-
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        2. ACKNOWLEDGMENT BY THE EMPLOYEE. The Employee represents and
acknowledges the following:

           (a) he has carefully read the Agreement and this Amendment in their
        entirety;

           (b) he understands the terms and conditions contained therein and
        herein;

           (c) he has had the opportunity to review this Amendment with legal
        counsel of his own choosing, and has done so or has knowingly chosen not
        to do so, and has not relied on any statements made by the Employer or
        its legal counsel as to the meaning of any term or condition contained
        in the Agreement and this Amendment or in deciding whether to enter into
        this Amendment; and

           (d) he is entering into this Amendment knowingly and voluntarily.

        3. AGREEMENT REMAINS IN FULL FORCE AND EFFECT. Except as modified
hereby, the Agreement remains in full force and effect.

        IN WITNESS WHEREOF, the parties have executed this Amendment as of the
day and year first above written.

                                  EMPLOYER:
                                  AMERISTAR CASINOS, INC.

                                  By:  /s/ Gordon R. Kanofsky
                                       -----------------------------------------
                                       Gordon R. Kanofsky
                                       Executive Vice President

                                  EMPLOYEE:

                                  /s/ Thomas M. Steinbauer
                                  -----------------------------------------
                                  Thomas M. Steinbauer

                                      -2-<PAGE>
                                                                   EXHIBIT 10.3

                       AMENDMENT TO AMENDED AND RESTATED
                         EXECUTIVE EMPLOYMENT AGREEMENT

        THIS AMENDMENT TO AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT
(this "Amendment") is made and entered into as of August 16, 2002, by and
between Ameristar Casinos, Inc., a Nevada corporation (the "Company"), and
Gordon R. Kanofsky (the "Executive").

        WHEREAS, the Company and the Executive are parties to an Amended and
Restated Executive Employment Agreement, dated as of March 11, 2002 (the
"Agreement"); and

        WHEREAS, the Company and the Executive desire to amend the Agreement in
certain respects as more particularly set forth in this Amendment.

        NOW, THEREFORE, in consideration of the foregoing and for other good and
valuable consideration, the Company and the Executive agree as follows:

        1. Amendment to Section 6.4(h). Section 6.4(h) of the Agreement is
hereby amended by (i) deleting the word "primary" preceding the phrase "group
health insurance" and (ii) deleting the word "excluding" preceding the phrase
"Exec-U-Care or substitute benefits" and replacing it with the word "including".

        2. Amendment to Section 6.5(h). Section 6.5(h) of the Agreement is
hereby amended by (i) deleting the word "primary" preceding the phrase "group
health insurance" and (ii) deleting the word "excluding" preceding the phrase
"Exec-U-Care or substitute benefits" and replacing it with the word "including".

        3. Amendment to Section 7.2(h). Section 7.2(h) of the Agreement is
hereby amended by (i) deleting the word "primary" preceding the phrase "group
health insurance" and (ii) deleting the word "excluding" preceding the phrase
"Exec-U-Care or substitute benefits" and replacing it with the word "including".

        4. Confirmation. Except as amended pursuant to this Amendment, the terms
of the Agreement shall continue in full force and effect.

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

AMERISTAR CASINOS, INC.                     EXECUTIVE:

By: /s/ Peter C. Walsh                       /s/ Gordon R. Kanofsky
   ------------------------------------     -----------------------------------
Name:   Peter C. Walsh                      GORDON R. KANOFSKY
Title:  Senior Vice Presidentand
        General Counsel<PAGE>
                                                                    EXHIBIT 10.4

                  AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT

        THIS AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT (this "Amendment") is
made and entered into as of August 16, 2002, by and between Ameristar Casinos,
Inc., a Nevada corporation (the "Company"), and Peter C. Walsh (the
"Executive").

        WHEREAS, the Company and the Executive are parties to an Executive
Employment Agreement, dated as of March 13, 2002 (the "Agreement"); and

        WHEREAS, the Company and the Executive desire to amend the Agreement in
certain respects as more particularly set forth in this Amendment.

        NOW, THEREFORE, in consideration of the foregoing and for other good and
valuable consideration, the Company and the Executive agree as follows:

        1. Amendment to Section 6.4(g). Section 6.4(g) of the Agreement is
hereby amended by (i) deleting the word "primary" preceding the phrase "group
health insurance" and (ii) deleting the word "excluding" preceding the phrase
"Exec-U-Care or substitute benefits" and replacing it with the word "including".

        2. Amendment to Section 6.5(g). Section 6.5(g) of the Agreement is
hereby amended by (i) deleting the word "primary" preceding the phrase "group
health insurance" and (ii) deleting the word "excluding" preceding the phrase
"Exec-U-Care or substitute benefits" and replacing it with the word "including".

        3. Amendment to Section 7.2(g). Section 7.2(g) of the Agreement is
hereby amended by (i) deleting the word "primary" preceding the phrase "group
health insurance" and (ii) deleting the word "excluding" preceding the phrase
"Exec-U-Care or substitute benefits" and replacing it with the word "including".

        4. Confirmation. Except as amended pursuant to this Amendment, the terms
of the Agreement shall continue in full force and effect.

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

AMERISTAR CASINOS, INC.                     EXECUTIVE:

By: /s/ Gordon R. Kanofsky                  /s/ Peter C. Walsh
   -----------------------------------       -----------------------------------
Name:   Gordon R. Kanofsky                  PETER C. WALSH
Title:  Executive Vice President<PAGE>
                                                                    EXHIBIT 10.1

   AMENDMENT TO EMPLOYMENT AGREEMENT DATED DECEMBER 31, 1999 BETWEEN GREGORY
       T. ROGERS, BKF CAPITAL GROUP, INC. AND LEVIN MANAGEMENT CO., INC.

      WHEREAS, Gregory T. Rogers ("Rogers"), BKF Capital Group, Inc. ("BKF") and
Levin Management Co., Inc. ("Management") are parties to an Employment Agreement
dated December 31, 1999 (the "Agreement");

      WHEREAS, the Agreement provides for an initial term expiring December 31,
2002 (the "Expiration Date"), which term shall automatically extend for
successive one year periods absent six months prior written notice from any
party of its intention not to extend the term;

      WHEREAS, Mr. Rogers intends to continue as Chief Operating Officer and
Executive Vice President of Strategy and Marketing of BKF following the
Expiration Date;

      WHEREAS, the parties wish to amend the Agreement so that it shall
terminate on the Expiration Date and so that Mr. Rogers, as an employee-at-will
following such date, shall be subject only to such restrictions as apply to
other executive officers of BKF; and

      WHEREAS, as required by the Agreement, the Board of Directors of BKF has
approved the amendments to the Agreement contained herein;

      NOW, THEREFORE, in mutual consideration for the continued employment of
Rogers by BKF and Management after the Expiration Date, the parties to the
Agreement hereby amend the Agreement as of the date hereof as follows:

      1.    The Agreement shall terminate as of the Expiration Date.

      2.    Sections VIII.A, VIII.C and VIII.D of the Agreement shall not
            survive the Expiration Date.

      In all other respects, the Agreement is hereby ratified and affirmed.

Dated:   September 27, 2002

/s/ Gregory T. Rogers
______________________________________
Gregory T. Rogers

BKF CAPITAL GROUP, INC.

By:      /s/ John A. Levin
         ________________________________
         John A. Levin
         Chairman and Chief Executive Officer

LEVIN MANAGEMENT CO., INC.

By:      /s/ John A. Levin
         ________________________________
         John A. Levin
         Chairman and Chief Executive Officer

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