Document:

Amendment to MGM Resorts Int'l Nonqualified Stock Option Agreements

 EXHIBIT 10.19 
 AMENDMENT TO MGM MIRAGE NONQUALIFIED STOCK OPTION 
 AGREEMENTS

 This Amendment (this “Amendment”) is made and entered into as of June 30, 2011, between Corey
Sanders (the “Employee”) and MGM Resorts International (formerly MGM MIRAGE), a Delaware corporation (the “Company”). 
 WHEREAS, on (i) February 27, 2003 the Company granted a Nonqualified Option (as defined in the February 27, 2003 Option Agreement (as defined below)) to the Employee under the
Company’s 1997 Nonqualified Stock Option Plan (the “1997 Incentive Plan”) and a Nonqualified Stock Option Agreement (the “February 27, 2003 Option Agreement”) and (ii) May 3, 2005 the Company granted
a Nonqualified Option (as defined in the May 3, 2005 Option Agreement (as defined below)) to the Employee under the Company’s 2005 Omnibus Incentive Plan (the “2005 Incentive Plan”) and a Nonqualified Stock Option
Agreement (Five Year Vesting) (the “May 3, 2005 Option Agreement,” and together with the February 27, 2003 Option Agreement, collectively, the “Option Agreements”); 

WHEREAS, on the date of grant of each of the Nonqualified Options, the Employee had previously entered into that certain Employment
Agreement entered into as of June 1, 2002, by and between MGM Grand Hotel and the Employee (the “Employment Agreement”) which contained certain terms relating to stock options; 

WHEREAS, the Company has determined that the Option Agreements did not reflect the Company’s intent with respect to the treatment of
the Nonqualified Options upon certain terminations of employment of the Employee; and 
 WHEREAS, the Company and the Employee
desire to modify the terms of the Nonqualified Options by amending the Option Agreements; 
 NOW THEREFORE, the Company hereby
amends the Option Agreements as follows: 
 1. A new Section shall be added to the Option Agreements as the last Section of the
Option Agreements which shall read as follows: 
 “Other Vesting; Additional Exercise Period. Notwithstanding anything to the
contrary contained in this Agreement, the Employment Agreement entered into as of June 1, 2002, by and between MGM Grand Hotel and the Participant (the “Employment Agreement”) or otherwise, with respect to any continued vesting and
exerciseability of the Nonqualified Option which the Participant may be eligible to receive under Section 10 of the Employment Agreement that is determined, in whole or in part, by reference to a period of inactive status (including, without
limitation, during the term of an expired or superseded agreement, as applicable), the continued vesting and exercise period shall be determined, in whole or in part, as applicable, by reference to a period of inactive status,

  

 
if any, as provided under the Participant’s employment agreement with the Company or any of its affiliates (including, without limitation, any Parent or Subsidiary) in effect as of the
applicable date of determination; provided, that such period shall in no event exceed the term of the Nonqualified Option as set forth in Section 3(a) of this Agreement.” 

2. Except as specifically amended hereby, the Option Agreements shall remain in full force and effect as originally executed. 

3. This Amendment may be signed in counterparts, each of which shall be an original, with the same effect as if the signatures thereto
and hereto were upon the same instrument. 

  
 2 

 IN WITNESS WHEREOF, this Amendment to MGM Mirage Nonqualified Stock Option Agreements is
hereby executed in Las Vegas, Nevada to be effective as of the date set forth above. 
  

							
	MGM RESORTS INTERNATIONAL
			
		 	By:	 	/s/ John M. McManus
		 		 	Name: 	 	John M. McManus
		 		 	Title:	 	Executive Vice President,
		 		 		 	General Counsel & Secretary

  

AMENDMENT TO COREY SANDERS NQ OPTION AGREEMENTS
COVERING FEBRUARY 27, 2003 AND MAY 3, 2005 NONQUALIFIED 

STOCK OPTION GRANTS 

 IN WITNESS WHEREOF, this Amendment to MGM Mirage Nonqualified Stock Option Agreements is
hereby executed in Las Vegas, Nevada to be effective as of the date set forth above. 
  

	
	/s/ Corey Sanders
	Corey Sanders

  

AMENDMENT TO COREY SANDERS NQ OPTION AGREEMENTS
COVERING FEBRUARY 27, 2003 AND MAY 3, 2005 NONQUALIFIED 

STOCK OPTION GRANTSAmendment to MGM Resorts Int'l Freestanding  Stock Appreciation Right Agreement

 EXHIBIT 10.20 
 AMENDMENT TO MGM MIRAGE FREESTANDING STOCK APPRECIATION 
 RIGHT AGREEMENT

 This Amendment (this “Amendment”) is made and entered into as of June 30, 2011, between Corey
Sanders (the “Employee”) and MGM Resorts International (formerly MGM MIRAGE), a Delaware corporation (the “Company”). 
 WHEREAS, on each of (i) August 3, 2009 and (ii) October 4, 2010 the Company granted a SAR (as defined in the August 3, 2009 SAR Agreement or the October 4, 2010 SAR Agreement
(each, as defined below), as applicable) to the Employee under the Company’s Amended and Restated 2005 Omnibus Incentive Plan (the “Incentive Plan”) and a Freestanding Stock Appreciation Right Agreement (the “August 3,
2009 SAR Agreement” or the “October 4, 2010 SAR Agreement,” as applicable, and collectively, the “SAR Agreements”); 
 WHEREAS, on the date of grant of each SAR, the Employee had previously entered into that certain Employment Agreement entered into as of August 3, 2009, by and between MGM Mirage Operations, Inc. and
the Employee (the “Employment Agreement”) which contained certain terms relating to SARs; 
 WHEREAS, the
Company has determined that the SAR Agreements did not reflect the Company’s intent with respect to the treatment of the SARs upon certain terminations of employment of the Employee; and 

WHEREAS, the Company and the Employee desire to modify the terms of the SARs by amending the SAR Agreements; 

NOW THEREFORE, the Company hereby amends the SAR Agreements as follows: 

1. A new Section shall be added to the SAR Agreements as the last Section appearing prior to the signature page of the SAR Agreements
which shall read as follows: 
 “Other Vesting; Additional Exercise Period. Notwithstanding anything to the contrary contained in
this Agreement, the Employment Agreement entered into as of August 3, 2009, by and between MGM Mirage Operations, Inc. and the Participant (the “Employment Agreement”) or otherwise, 

A. with respect to any continued vesting and exerciseability of the SAR which the Participant may be eligible to receive
under Section 10 of the Employment Agreement that is determined, in whole or in part, by reference to a period of inactive status (including, without limitation, during the term of an expired or superseded agreement, as applicable), the
continued vesting and exercise period shall be determined, in whole or in part, as applicable, by reference to a period of inactive status, if any, as provided under the Participant’s employment agreement with the Company or

  

 
any of its affiliates (including, without limitation, any Parent or Subsidiary) in effect as of the applicable date of determination; provided, that such period shall in no event exceed the term
of the SAR as set forth in Section 3.1.A of this Agreement. 
 B. with respect to any accelerated vesting of
the SAR which the Participant may be eligible to receive under Section 10 of the Employment Agreement that is calculated, in whole or in part, by reference to the remaining portion of the “Specified Term” (including, without
limitation, during the term of an expired or superseded agreement, as applicable), the accelerated vesting shall be calculated, in whole or in part, as applicable, by reference to the remaining portion of the “Specified Term,” if any, of
the Participant’s employment agreement with the Company or any of its affiliates (including, without limitation, any Parent or Subsidiary) in effect as of the applicable date of determination.” 

2. Except as specifically amended hereby, the SAR Agreements shall remain in full force and effect as originally executed. 

3. This Amendment may be signed in counterparts, each of which shall be an original, with the same effect as if the signatures thereto
and hereto were upon the same instrument. 

  
 2 

 IN WITNESS WHEREOF, this Amendment to MGM Mirage Freestanding Stock Appreciation Right
Agreements is hereby executed in Las Vegas, Nevada to be effective as of the date set forth above. 
  

							
	MGM RESORTS INTERNATIONAL
			
		 	By:	 	/s/ John M. McManus
		 		 	Name: 	 	John M. McManus
		 		 	Title:	 	Executive Vice President,
		 		 		 	General Counsel & Secretary

  

AMENDMENT TO COREY SANDERS SAR AGREEMENT COVERING
AUGUST 3, 2009 AND OCTOBER 4, 2010 SAR GRANTS 

 IN WITNESS WHEREOF, this Amendment to MGM Mirage Freestanding Stock Appreciation Right
Agreements is hereby executed in Las Vegas, Nevada to be effective as of the date set forth above. 
  

	
	/s/ Corey Sanders
	Corey Sanders

  

AMENDMENT TO COREY SANDERS SAR AGREEMENT COVERING
AUGUST 3, 2009 AND OCTOBER 4, 2010 SAR GRANTSAmendment to MGM Resorts Int'l Restricted Stock Units Agreement

 EXHIBIT 10.21 
 AMENDMENT TO MGM MIRAGE RESTRICTED STOCK UNITS 
 AGREEMENT 

This Amendment (this “Amendment”) is made and entered into as of June 30, 2011, between Corey Sanders (the
“Employee”) and MGM Resorts International (formerly MGM MIRAGE), a Delaware corporation (the “Company”). 
 WHEREAS, on October 6, 2008 the Company granted Restricted Stock Units (as defined in the RSU Agreement (as defined below)) to the Employee under the Company’s Amended and Restated 2005 Omnibus
Incentive Plan (the “Incentive Plan”) and a Restricted Stock Units Agreement (the “RSU Agreement”); 
 WHEREAS, on the date of grant of the Restricted Stock Units, the Employee had previously entered into that certain Employment Agreement entered into as of January 3, 2006, by and between MGM Grand
Resorts, LLC and the Employee (the “Employment Agreement”); 
 WHEREAS, the Company has determined that the RSU
Agreement did not reflect the Company’s intent with respect to the treatment of Restricted Stock Units upon certain terminations of employment of the Employee; and 
 WHEREAS, the Company and the Employee desire to modify the terms of the Restricted Stock Units by amending the RSU Agreement; 
 NOW THEREFORE, the Company hereby amends the RSU Agreement as follows: 
 1. A new
Section shall be added to the RSU Agreement as the last Section appearing prior to the signature page of the RSU Agreement which shall read as follows: 
 “Other Vesting. Notwithstanding anything to the contrary contained in this Agreement, the Employment Agreement entered into as of January 3, 2006, by and between MGM Grand Resorts, LLC
and the Participant (the “Employment Agreement”) or otherwise: 
 A. if the Participant’s
employment agreement with the Company or any of its affiliates (including, without limitation, any Parent or Subsidiary) in effect as of the applicable date of determination (the “Current Employment Agreement”) is terminated by the Company
or any of its affiliates (including, without limitation, any Parent or Subsidiary) during the Specified Term (as such term (or, if no such term is used, any similar term) is defined in the Current Employment Agreement) for Employer’s No Cause
(within the meaning of the Employment Agreement), the Restricted Stock Units shall continue to vest in accordance with the vesting schedule set forth in subsections A though D of Section 3.1 of this Agreement during the shorter of twelve
(12) months from the date the Participant is placed in an inactive status or the remaining period of the Specified Term (as such term (or, if no such term is used, any similar term) 

  

 
is defined in the Current Employment Agreement), in each case, if the Participant remains in inactive status for such period and, for the avoidance of doubt, any Restricted Stock Units that
become vested in accordance with this section will be paid to the Participant within 30 days following the vesting dates set forth in Section 3.1, subject to any provision of this Agreement which may delay such payment pursuant to the
requirements of Code Section 409A. 
 B. if the Current Employment Agreement is terminated on or prior to
the first anniversary of a Change of Control (as such term (or, if no such term is used, any similar term) is defined in the Employment Agreement) which is also a “change in the ownership or effective control of the corporation, or in the
ownership of a substantial portion of the assets of the corporation” (as defined in Code Section 409A): (i) by the Company or any of its affiliates (including, without limitation, any Parent or Subsidiary) (x) as a result of the
Participant’s death or Disability (as such term (or, if no such term is used, any similar term) is defined in the Employment Agreement) or (y) for Employer’s No Cause (within the meaning of the Employment Agreement) or (ii) by
the Participant for Employee’s Good Cause (as such term (or, if no such term is used, any similar term) is defined in the Employment Agreement), the Restricted Stock Units which would have vested (but for such termination) in accordance with
the vesting schedule set forth in subsections A though D of Section 3.1 of this Agreement during the shorter of twelve (12) months after the date of termination or the remainder of the Specified Term (as such term (or, if no such term is
used, any similar term) is defined in the Current Employment Agreement) shall immediately vest and, for the avoidance of doubt, any Restricted Stock Units that become vested in accordance with this section will be paid to the Participant within 30
days following the date the Restricted Stock Units vest; provided, that if at the time of separation of service the Participant is a “specified employee” under Code Section 409A and payment would be treated as a payment made on
separation of service, then if required to avoid the taxes imposed by Code Section 409A payment will be delayed by six months. Any payment hereunder due within such six-month period will be delayed and paid within 10 days following the
beginning of the seventh month following the Participant’s separation from service. If the Participant dies during the six-month period, payment will be made within 30 days of the date of the Participant’s death.” 

2. Except as specifically amended hereby, the RSU Agreement shall remain in full force and effect as originally executed. 

3. This Amendment may be signed in counterparts, each of which shall be an original, with the same effect as if the signatures thereto
and hereto were upon the same instrument. 

  
 2 

 IN WITNESS WHEREOF, this Amendment to MGM Mirage Restricted Stock Units Agreement is hereby
executed in Las Vegas, Nevada to be effective as of the date set forth above. 
  

							
	MGM RESORTS INTERNATIONAL
			
		 	By:	 	/s/ John M. McManus
		 		 	Name: 	 	John M. McManus
		 		 	Title:	 	 Executive Vice President,

General Counsel & Secretary

  

AMENDMENT TO COREY SANDERS RSUS AGREEMENT COVERING OCTOBER 6,
2008 RSUS GRANT 

 IN WITNESS WHEREOF, this Amendment to MGM Mirage Restricted Stock Units Agreement is hereby
executed in Las Vegas, Nevada to be effective as of the date set forth above. 
  

	
	/s/ Corey Sanders
	Corey Sanders

  

AMENDMENT TO COREY SANDERS RSUS AGREEMENT COVERING OCTOBER 6,
2008 RSUS GRANT

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