{"id":39645,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/employment-agreement-the-walt-disney-co-and-michael-d-eisner.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"employment-agreement-the-walt-disney-co-and-michael-d-eisner","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/compensation\/employment-agreement-the-walt-disney-co-and-michael-d-eisner.html","title":{"rendered":"Employment Agreement &#8211; The Walt Disney Co. and Michael D. Eisner"},"content":{"rendered":"<pre>\n                              AMENDED AND RESTATED\n                              EMPLOYMENT AGREEMENT\n                                    BETWEEN\n                            THE WALT DISNEY COMPANY\n                                      AND\n                               MICHAEL D. EISNER\n                                        \nPursuant to this Amended and Restated Employment Agreement (the \"Agreement\"),\ndated June 29, 2000, Michael D. Eisner (\"Executive\") and The Walt Disney\nCompany, a Delaware corporation (\"Company\"), hereby amend and restate\nExecutive's Employment Agreement with Company, dated January 8, 1997, as amended\nby letter agreements dated December 29, 1998 and as of December 21, 1999 (the\n\"Old Agreement\"), to read in its entirety as follows:\n\n1.  Term\n\n     The term of this Agreement shall commence on June 30, 2000 and shall\nterminate on September 30, 2006.\n\n2.  Duties\n\n     Executive shall be employed by Company as its Chairman and Chief Executive\nOfficer.  Executive shall report directly and solely to the Company's Board of\nDirectors (\"Board\").  Executive shall devote his full time and best efforts to\nthe Company.  Company agrees to nominate Executive for election to the Board as\na member of the management slate at each annual meeting of stockholders during\nhis employment hereunder at which Executive's director class comes up for\nelection.  Executive agrees to serve on the Board if elected.\n\n3.  Salary\n\n     Executive shall receive an annual base salary of $1,000,000.  The Board, in\nits discretion, may increase the base salary based upon relevant circumstances.\n\n4.  Bonus\n\n     (a) Executive shall receive an annual incentive bonus hereunder subject to\nand pursuant to Company's Annual Bonus Performance Plan for Executive Officers\n(such plan, together with any successor plan of Company intended to comply with\nSection 162(m) of the Internal Revenue Code of 1986, as amended (the \"Code\"),\nbeing hereinafter referred to as  the \"Annual Bonus Performance Plan\").\n\n \n     (b) Each incentive bonus (and any bonus payable pursuant to Section 4(c) or\nclause (ii) of Section 11 hereof) shall be payable (i) 30 days following the\ndate Company's audited consolidated statement of income for the applicable\nfiscal year becomes available or (ii) on the January 15 following the end of\nthat fiscal year, whichever is later (the \"Bonus Payment Date\").\n\n     (c) Executive shall be entitled to receive the bonus provided for in\nSection 4(a) above for each fiscal year during which he is employed hereunder\nand, in addition, to receive Post-Termination Bonuses (as defined below in this\nSection 4(c)) for the next twenty-four months following the fiscal year during\nwhich Executive's employment is terminated hereunder, except that said post-\ntermination bonus coverage (i) shall only extend for twelve months after\ntermination if Executive takes employment (other than as an independent\nproducer) with another major entertainment company within twelve months of\ntermination and (ii) shall not apply if this Agreement is terminated for good\ncause.  The term \"Post-Termination Bonuses\" shall mean the bonuses payable in\nrespect of the first and second twelve-month period of the twenty-four month\nperiod immediately following the fiscal year in which Executive's employment\nhereunder is terminated.  The amount of the Post-Termination Bonus for each such\ntwelve-month period shall be equal to the greater of (A) $6 million or (B) the\naverage of the three highest annual bonus amounts paid (or payable) to Executive\nby Company in respect of the four fiscal years of Company ending immediately\nprior to the fiscal year in which termination occurs (including fiscal years, if\nany, for which the bonus amount paid is $0).  All bonus payments pursuant to\nthis Agreement shall be in cash.\n\n5.  Stock Options\n\n     (a) Effective as of the date of this Agreement, Executive holds stock\noptions (the \"Options\") to purchase 24 million shares (the \"Shares\") of the\ncommon stock of Company, which Options were granted to him on September 30, 1996\nunder Company's 1995 Stock Incentive Plan (the \"Plan\") and related Rules\nRelating to Stock Options or Stock Appreciation Rights for Disney Common Stock\n(the \"Rules\") and which are evidenced by a Non-Qualified Stock Option Agreement\ndated as of September 30, 1996 (the \"Stock Option Agreement\").  Pursuant to the\nStock Option Agreement (and the Old Agreement) the Options are comprised of an\nOption A, a Group 1 Option, a Group 2 Option and a Group 3 Option, in each case\nas defined in the Stock Option Agreement (and the Old Agreement), and the Group\n1 Option, Group 2 Option and Group 3 Option are sometimes collectively referred\nto therein and herein as the \"B Options.\"  The terms and conditions of the\nOptions relating to the vesting thereof are hereby amended, effective as of the\ndate of this Agreement, as provided below in this Section 5(a).\n\n          1. Option A (which is comprised in its entirety of 15 million Shares)\n     shall become vested and exercisable (i) as to 3 million Shares on June 30,\n     2000, (ii) as to 6 million Shares on September 30, 2001, and (iii) as to 6\n     million Shares on September 30, 2002.\n\n          2.  The B Options shall become vested and exercisable in their\n     entirety (i.e., as to the full 9 million Shares covered by the B Options)\n               ----                                                           \n     on September 30, 2003.\n\n     (b) Except as provided in Section 5(c) below and in Section 11 hereof, any\nShares acquired upon exercise of the Options shall not be saleable, assignable\nor otherwise transferable \n\n                                       2\n\n \nby Executive (or by a permitted transferee under Section 5(c)) until the\nfollowing dates: Option A - September 30, 2003; Group 1 Option - September 30,\n2004; Group 2 Option - September 30, 2005; and Group 3 Option - September 30,\n2006.\n\n     (C) EXECUTIVE SHALL, WITH THE CONSENT OF THE EXECUTIVE PERFORMANCE\nSUBCOMMITTEE OF THE COMPENSATION COMMITTEE OF THE BOARD, BE PERMITTED (I) TO\nASSIGN OR TRANSFER AT ANY TIME AFTER SEPTEMBER 30, 2001 A PORTION OF THE OPTIONS\n(NOT TO EXCEED 8 MILLION SHARES) TO THE EXTENT PERMITTED BY SECTION 9(B) OF THE\nPLAN RELATING TO FAMILY TRANSFERS (INCLUDING WITHOUT LIMITATION, TRANSFERS TO\nFAMILY LIMITED PARTNERSHIPS) AND (II) TO HAVE SHARES WITHHELD TO THE EXTENT\nNECESSARY TO SATISFY THE COMPANY'S MINIMUM STATUTORY TAX WITHHOLDING\nREQUIREMENTS RESULTING FROM THE EXERCISE OF OPTIONS OR, IF NO SHARES ARE SO\nWITHHELD, TO SELL AN EQUIVALENT NUMBER THEREOF.\n\n     (D) EXECUTIVE AND COMPANY HAVE CONCURRENTLY ENTERED INTO AN AMENDMENT AND\nRESTATEMENT OF THE STOCK OPTION AGREEMENT, A COPY OF WHICH IS ATTACHED HERETO AS\nEXHIBIT A (THE \"AMENDED AND RESTATED STOCK OPTION AGREEMENT\"), CONTAINING THE\nTERMS AND PROVISIONS GOVERNING THE OPTIONS, ALL OF WHICH TERMS COMPANY\nACKNOWLEDGES AND AGREES ARE PERMITTED UNDER THE PLAN AND RULES AND ARE NOT\nSUPERSEDED BY ANY OTHER TERM OR PROVISION OF THE PLAN OR RULES.\n\n     (e) Company shall us its best efforts to maintain the effectiveness of the\nregistration of all shares issuable upon the exercise of any stock options\npreviously granted to Executive by Company pursuant to the appropriate form of\nregistration statement under the Securities Act of 1933.\n\n     (f) Company shall, to the extent permitted by law, make loans to Executive\nin reasonable amounts on reasonable terms and conditions during his employment\nby Company to facilitate the exercise of the options granted to him as described\nabove.\n\n6.  Benefits\n\n     Executive shall be entitled to receive all benefits generally made\navailable to executives of Company.  In addition, Company shall provide a death\nbenefit to Executive's estate having an after-tax value of $3,000,000 in the\nevent of Executive's death during the term hereof.\n\n7.  Reimbursement for Expenses\n\n     Executive shall be expected to incur various business expenses customarily\nincurred by persons holding like positions, including but not limited to\ntraveling, entertainment and similar expenses incurred for the benefit of\nCompany.  Subject to Company's policy regarding the reimbursement of such\nexpenses (which does not necessarily provide for reimbursement of all \n\n                                       3\n\n \nsuch expenses), Company shall reimburse Executive for such expenses from time to\ntime, at Executive's request, and Executive shall account to Company for such\nexpenses.\n\n8.  Protection of Company's Interests\n\n     (a) During the term of this Agreement Executive shall not directly or\nindirectly engage in competition with, or own any interest in any business which\ncompetes with, any business of Company or any of its subsidiaries; provided,\nhowever, that the provisions of this Section 8 shall not prohibit his ownership\nof not more than 5% of voting stock of any publicly held corporation.\n\n     (b) Except for actions taken in the course of his employment hereunder, at\nno time shall Executive divulge, furnish or make accessible to any person any\ninformation of a confidential or proprietary nature obtained by him while in the\nemploy of Company.  Upon termination of his employment by Company, Executive\nshall return to the Company all such information which exists in written or\nother physical form and all copies thereof in his possession or under his\ncontrol.\n\n     (c) Company and its successors and assigns shall, in addition to\nExecutive's services, be entitled to receive and own all of the results and\nproceeds of said services (including, without limitation, literary material and\nother intellectual property) produced or created during the term of Executive's\nemployment hereunder except with respect to any book or writing autobiographical\nin nature.  Executive will, at the request of Company, execute such assignments,\ncertificates or other instruments as Company may from time to time deem\nnecessary or desirable to evidence, establish, maintain, protect, enforce or\ndefend its right or title in or to any such material.\n\n     (d) Executive shall not, either alone or jointly, with or on behalf of\nothers, either directly or indirectly, whether as principal, partner, agent,\nshareholder, director, employee, consultant or otherwise, at any time during a\nperiod of two years following Executive's termination of employment hereunder\nfor any reason, offer employment to, or solicit the employment or engagement of,\nor otherwise entice away from the employment of Company or any affiliated\nentity, either for Executive's own account or for any other person, firm or\ncompany, any person who is employed by Company or any such affiliated entity,\nwhether or not such person would commit any breach of his or her contract of\nemployment by reason of leaving the service of Company or any affiliated entity.\n\n     (e) Executive recognizes that the services to be rendered by him hereunder\nare of a character giving them peculiar value, the loss of which cannot be\nadequately compensated for in damages, and in the event of a breach of this\nAgreement by Executive, Company shall be entitled to equitable relief by way of\ninjunction or any other legal or equitable remedies.\n\n                                       4\n\n \n9.  Termination by Company\n\n     (a) Company shall have the right to terminate this Agreement under the\nfollowing circumstances:\n\n          (i)  Upon the death of Executive.\n \n          (ii) Upon notice from Company to Executive in the event of an illness\n     or other disability which has incapacitated him from performing his duties\n     for six consecutive months as determined in good faith by the Board.\n\n          (iii) For good cause upon notice from Company. Termination by Company\n     of Executive's employment for \"good cause\" as used in this Agreement shall\n     be limited to gross negligence or malfeasance by Executive in the\n     performance of his duties under this Agreement (whether before or after a\n     corporate sale or combination event identified in Section 10(ii) below) or\n     the voluntary resignation by Executive as an employee of Company without\n     the prior written consent of Company.\n\n     (b) If this Agreement is terminated pursuant to Section 9(a) above,\nExecutive's rights and Company's obligations hereunder shall forthwith terminate\nexcept as expressly provided in this Agreement and as further provided with\nrespect to the Options in the Amended and Restated Stock Option Agreement.\n\n     (c) If this Agreement is terminated pursuant to Section 9(a)(i) or (ii)\nhereof, Executive or his estate shall be entitled to receive a cash payment\nequal to the present value (based on Company's then current cost of borrowing as\ndetermined by Company's chief financial officer for the remainder of the term\nhereof) of his base salary for the balance of the term of this Agreement,\npayable within 30 days of the date of termination.  Executive shall also be\nentitled to receive the bonus payment provided for in Section 4(a) hereof for\nthe fiscal year in which the termination occurred plus the Post-Termination\nBonuses provided for in Section 4(c) hereof for the twenty-four months following\nsuch fiscal year.  Notwithstanding the foregoing, no such payments shall be made\nuntil such payment is no longer subject to Section 162(m) of the Code.  All\nstock options granted to Executive shall also immediately vest upon such\ntermination and remain exercisable until the earlier of the fifth anniversary of\nthe date of such termination or the expiration of such options on the scheduled\nexpiration dates set forth in the stock option agreements related thereto.\n\n     (d) Whenever compensation is payable to Executive hereunder during a time\nwhen he is partially or totally disabled and such disability (except for the\nprovisions hereof) would entitle him to disability income or to salary\ncontinuation payments from Company according to the terms of any plan now or\nhereafter provided by Company or according to any Company policy in effect at\nthe time of such disability, the compensation payable to him hereunder shall be\ninclusive of any such disability income or salary continuation and shall not be\nin addition thereto.  If disability income is payable directly to Executive by\nan insurance company under an insurance policy paid for by Company, the amounts\npaid to him by said insurance company shall be \n\n                                       5\n\n \nconsidered to be part of the payments to be made by Company to him pursuant to\nthis Section 9, and shall not be in addition thereto.\n\n10.  Termination by Executive\n\n     Executive shall have the right to terminate his employment under this\nAgreement upon 30 days' notice to Company given within 60 days following the\noccurrence of any of the following events, each of which shall constitute \"good\nreason\" for such termination:\n\n          (i) Executive is not elected or retained as Chairman and Chief\n     Executive Officer and a director of Company.\n\n          (ii) Company acts to materially reduce Executive's duties and\n     responsibilities hereunder.  Executive's duties and responsibilities shall\n     not be deemed materially reduced for purposes hereof solely by virtue of\n     the fact that Company is (or substantially all of its assets are) sold to,\n     or is combined with, another entity provided that (a) Executive shall\n     continue to have the same duties, responsibilities and authority with\n     respect to Company's businesses as he has as of the date hereof and as\n     Executive may have with respect to businesses added hereafter, including\n     but not limited to, entertainment and recreation, broadcasting, cable,\n     direct broadcast satellite, filmed entertainment, consumer products, music,\n     the internet, parks and resorts, etc., (b) Executive shall report solely\n     and directly to the board of directors (and not to the chief executive\n     officer or chairman of the board of directors) of the entity (or to the\n     individual) that acquires Company or its assets or, if there shall be an\n     ultimate parent of such entity, then to the board of directors of such\n     ultimate parent and (c) Executive shall be elected and retained as a member\n     of the board of directors of such entity or ultimate parent (if there shall\n     be one).\n\n          (iii) Company acts to change the geographic location of the\n     performance of Executive's duties from Los Angeles California metropolitan\n     area.\n\n11.  Consequences of Breach by Company\n\n     If Executive's employment is terminated pursuant to Section 10 hereof, or\nif Company shall terminate Executive's employment under this Agreement in any\nother way that is a breach of this Agreement by Company, the following shall\napply:\n\n          (i) Executive shall receive a cash payment equal to the present value\n     (based on Company's then current cost of borrowing as determined by the\n     chief financial officer of Company for the remainder of the term hereof) of\n     Executive's base salary hereunder for the remainder of the term, payable\n     within 30 days of the date of such termination.\n\n          (ii) Executive shall be entitled to bonus payments as provided in\n     Section 4 hereof for the remainder of the term hereof plus twenty-four\n     months (or twelve months if clause (i) of the first sentence of Section\n     4(c) is applicable), it being understood that the amount of the bonus\n     payments for any fiscal years of Company ending on or before the scheduled\n     termination date of this Agreement (i.e., September 30, 2006) and after the\n                                         ---- \n\n                                       6\n\n \n     date of termination shall not be determined pursuant to Section 4(a) hereof\n     but shall instead be calculated in the same manner as is provided in\n     Section 4(c) hereof for Post-Termination Bonuses in respect of the 24\n     months following such termination date. Notwithstanding any other term or\n     provision hereof, any Post-Termination Bonus made hereunder to which this\n     Section 11 is applicable (and any bonus calculated in the same manner as a\n     Post-Termination Bonus as provided above) shall be made no earlier than\n     thirty days following the date upon which such payment is no longer subject\n     to Section 162(m) of the Code.\n\n          (iii) Subject to Section 14 hereof, all stock options granted by\n     Company to Executive under the Plan and\/or Rules prior to the date hereof\n     shall accelerate and become immediately exercisable and thereafter remain\n     exercisable until the earlier of the fifth anniversary of the date of such\n     termination or the scheduled expiration dates for such options set forth in\n     the stock option agreements relating thereto, and all restrictions imposed\n     by this Agreement and in the Stock Option Agreement as agreed to be amended\n     pursuant to Section 5(d) hereof relating to the sale, assignment or other\n     transfer of Shares acquired or to be acquired upon exercise of the Options\n     shall immediately lapse.\n\n12.  Post-Termination Consulting Services\n\n     Upon expiration of this Agreement on September 30, 2006 (i.e., after the\n                                                              ---            \ncompletion of the full term of service by Executive hereunder), Executive shall\nserve as a consultant to Company at a fee to be mutually agreed upon which shall\nbe at least $1.00 per year plus continuation of the same benefits and\/or\nperquisites provided to Executive during his term as Chief Executive Officer of\nCompany, excluding, however, any items which would conflict with any laws,\nregulations and\/or tax qualifications applicable to group health, pension and\nemployee welfare plans of Company and, except as otherwise provided herein with\nrespect to certain specified continuing obligations of Company to Executive,\nsalary, bonuses and\/or stock options.  The consulting arrangement shall continue\nuntil notice is given as provided below following the earlier of: (i) acceptance\nby Executive of full-time employment with a third party, (ii) the rendering by\nExecutive of any services to a competitor of Company or  (iii) Executive's\ndisability for a period of six months which shall render him substantially\nincapable of performing any consulting services for Company.  If notice is given\npursuant to clauses (i) and (ii) above, the consulting arrangement shall\nterminate three business days after the giving of such notice, and if such\nnotice is given pursuant to clause (iii), such termination shall occur three\nmonths after the giving of such notice.\n\n13.  Remedies\n\n     Company recognizes that because of Executive's special talents, stature and\nopportunities in the entertainment industry, and because of the special creative\nnature of and compensation practices of said industry and the material impact\nthat individual projects can have on an entertainment company's results of\noperations, in the event of termination by Company hereunder (except under\nSection 9(a)), or in the event of termination by Executive under Section 10,\nbefore the end of the agreed term, Company and Executive acknowledge and agree\nthat the provisions of this Agreement regarding further payments of base salary,\nbonuses and the \n\n                                       7\n\n \nexercisability of stock options constitute fair and reasonable provisions for\nthe consequences of such termination, do not constitute a penalty, and such\npayments and benefits shall not be limited or reduced by amounts Executive might\nearn or be able to earn from any other employment or ventures during the\nremainder of the agreed term of this Agreement.\n\n14.  Excise Tax Limit\n\n     In the event that the vesting of the Options together with all other\npayments and the value of any benefit received or to be received by the\nExecutive would result in all or a portion of such payment being subject to\nexcise tax under Section 4999 of the Code, then the Executive's payment shall be\neither (A) the full payment or (B) such lesser amount that would result in no\nportion of the payment being subject to excise tax under Section 4999 of the\nCode (the \"Excise Tax\"), whichever of the foregoing amounts, taking into account\nthe applicable Federal, state, and local employment taxes, income taxes, and the\nExcise Tax, results in the receipt by the Executive, on an after-tax basis, of\nthe greatest amount of the payment notwithstanding that all or some portion of\nthe payment may be taxable under Section 4999 of the Code.  All determinations\nrequired to be made under this Section 14 shall be made by\nPricewaterhouseCoopers or any other nationally recognized accounting firm which\nis the Company's outside auditor immediately prior to the event triggering the\npayments that are subject to the Excise Tax, which firm must be reasonably\nacceptable to Executive (the \"Accounting Firm\"). The Company shall cause the\nAccounting Firm to provide detailed supporting calculations of its\ndeterminations to the Company and Executive. Notice must be given to the\nAccounting Firm within fifteen (15) business days after an event entitling\nExecutive to a payment under this Agreement. All fees and expenses of the\nAccounting Firm shall be borne solely by the Company. The Accounting Firm's\ndeterminations must be made with substantial authority (within the meaning of\nSection 6662 of the Code). For the purposes of all calculations under Section\n280G of the Code and the application of this Section 14, Company and Executive\nhereby elect and agree to make all determination as to present value using 120\npercent of the applicable Federal rate (determined under Section 1274(d) of the\nCode) compounded semiannually, as in effect on the date of this Agreement.\nCompany agrees to reimburse Executive (on an after-tax basis) for his reasonable\nlegal and other professional expenses of pursuing any reasonable contest, claim\nor cause of action (including any claim of tax refund) on his own behalf that\nmay arise (notwithstanding the application of the foregoing provisions of this\nSection 14) as a result of (i) the Internal Revenue Service seeking to impose an\nExcise Tax on Executive or (ii) Company (or any successor) withholding or\nseeking to withhold any Excise Tax from any payment or benefit to Executive\nwithout Executive's consent; provided, however, reimbursement will only be\nprovided under this subsection (ii) if Executive prevails (excluding a\nsettlement).\n\n15.  Binding Agreement\n\n     This Agreement shall be binding upon and inure to the benefit of Executive,\nhis heirs, distributees and assigns and Company, its successors and assigns.\nExecutive may not, without the express written permission of the Company, assign\nor pledge any rights or obligations hereunder to any person, firm or\ncorporation.\n\n                                       8\n\n \n16.  Amendment; Waiver\n\n     This Agreement contains the entire agreement of the parties with respect to\nthe employment of Executive by Company and supersedes, on and as of the date\nhereof, the Old Employment Agreement.  No amendment or modification of this\nAgreement shall be valid unless evidenced by a written instrument executed by\nthe parties hereto.  No waiver by either party of any breach by the other party\nof any provision or condition of this Agreement shall be deemed a waiver of any\nsimilar or dissimilar provision or condition at the same or any prior or\nsubsequent time.\n\n17.  Governing Law\n\n     (a) This Agreement shall be governed by and construed under and in\naccordance with the laws of the State of Delaware without regard to principles\nof conflicts of laws; and the laws of that state shall govern all of the rights\nremedies, liabilities, powers and duties of the parties under this Agreement and\nof any arbitrator or arbitrators to whom any matter hereunder may be submitted\nfor resolution by the parties hereto, as contemplated by and pursuant to Title\n6, Section 2708 of the Delaware Code.\n\n     (b) Any legal action or proceeding with respect to this Agreement shall be\nbrought exclusively in the federal or state courts of the State of Delaware, and\nby execution and delivery of this Agreement, Executive and Company irrevocably\nconsent to the jurisdiction of those courts.  Executive and Company irrevocably\nwaive any objection, including any objection to the laying of venue or based on\nthe grounds of forum non conveniens, which either may now or hereafter have to\n               --------------------                                           \nthe bringing of any action or proceeding in such jurisdiction in respect of this\nAgreement or any transaction related hereto.  Executive and Company acknowledge\nand agree that any service of legal process by mail in the manner provided for\nnotices under this Agreement constitutes proper legal service of process under\napplicable law in any action or proceeding under or in respect of this\nAgreement.\n\n     (c) The parties agree that this Agreement (together with any stock option\nagreements entered into between Company and Executive and any other documents or\nagreements specifically referred to herein) shall constitute the sole and\nconclusive basis for establishing Executive's compensation for all services\nprovided by him hereunder.\n\n18.  Notices\n\n     All notices which a party is required or may desire to give to the other\nparty under or in connection with this Agreement shall be given in writing by\naddressing the same to the other party as follows:\n\n     If to Executive to:\n\n     Michael D. Eisner\n \n     Los Angeles, California 90024 and\n\n                                       9\n\n \n     If to Company, to:\n\n     The Walt Disney Company\n     500 South Buena Vista Street\n     Burbank, California  91521\n\n     Attn:  Senior Executive Vice President\n            and Chief of Operations\n\nor at such other place as may be designated in writing by like notice.  Any\nnotice shall be deemed to have been given within 48 hours after being addressed\nas required herein and deposited, first-class postage prepaid, in the United\nStates mail.\n\nIN WITNESS WHEREOF, the parties have executed this Agreement this 29th day of\nJune, 2000.\n\n                                    THE WALT DISNEY COMPANY\n\n\n\n___________________________         By:_____________________________\nMichael D. Eisner                   Name:  Stanley P. Gold\n                                    Title: Chairman of the Executive\n                                           Performance Subcommittee\n\n                                      10\n<\/pre>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[7331],"corporate_contracts_industries":[9532],"corporate_contracts_types":[9539,9544],"class_list":["post-39645","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-disney-walt-co","corporate_contracts_industries-travel__services","corporate_contracts_types-compensation","corporate_contracts_types-compensation__employment"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/39645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=39645"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=39645"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=39645"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=39645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}