Exhibit 10.4
April 16, 2009
Steve Saferin
1500 Bluegrass Lakes Parkway
Alpharetta, Georgia
Dear Steve:
As we have discussed, as part of ongoing
succession planning and review of executive employment contracts,
the Compensation Committee of the Board and Joseph R. Wright, Chief
Executive Officer of Scientific Games Corporation
(“SGC”), have determined that a modification of your
duties under your employment is in the best interest of the Company
and agreeable to you. As you know, Scientific Games
International, Inc., a wholly owned subsidiary of SGC (the
“Company”), and you entered into an Employment
Agreement dated as of January 1, 2006 (executed on
August 2, 2006), as amended by the letter agreements dated
August 5, 2008 and December 30, 2008 (as so amended, the
“Employment Agreement”). At this time, the
Company and you wish to memorialize certain understandings with
regard to the modification of your Employment Agreement to take
effect immediately, which Employment Agreement, except as amended
hereby, will continue in full force and effect:
Section 3: Your duties as President of Properties will
immediately begin to transition from responsibility of the profit
and loss of the Properties division to lottery and gaming strategic
initiatives and, although you will remain a Vice President of SGC,
you will no longer be President of Properties but rather carry the
title of Chief Creative Officer reporting to the President and
Chief Operating Officer of SGC, responsible for defining,
developing and leading a sound pr
