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Quotes & Info
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| MNTG > SEC Filings for MNTG > Form 8-K on 13-Nov-2009 | All Recent SEC Filings |
13-Nov-2009
Change in Directors or Principal Officers
(e) On November 9, 2009, MTR Gaming Group, Inc. (the "Registrant" or "MTR") and John W. Bittner, Jr., the Executive Vice President of Finance and Accounting, and Treasurer of MTR, entered into an Employment Agreement (the "Agreement") pursuant to which Mr. Bittner agreed to serve MTR as its Executive Vice President of Finance and Accounting and its Treasurer, and in such other office of MTR and/or its affiliates to which he may be elected or appointed, from November 1, 2009 to November 1, 2010, subject to earlier termination as provided in the Agreement.
The Agreement provides for a salary in the amount of $270,756 per year, subject to periodic increase or cash bonus by the Compensation Committee of MTR's Board of Directors in its sole discretion. The Agreement also provides Mr. Bittner with a $600 per month car allowance and certain additional benefits as set forth in the Agreement.
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
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