STEVEN L. KORBY
THIS EMPLOYMENT AGREEMENT ("AGREEMENT") is made as of October 1, 2000, by and between,
JACKPOT ENTERPRISES, INC., a Nevada corporation, with its principal office at 1110 Palms Airport Drive,
Las Vegas, Nevada 89119 (the "COMPANY"), and STEVEN L. KORBY residing at 8838 Farquhar Circle,
Dallas, Texas 75209 ("EXECUTIVE").
WHEREAS, effective June 21, 2000 (the "COMMENCEMENT DATE"), the Company employed Executive as
its President and Chief Operating Officer, and Executive accepted such employment; and
WHEREAS, the Company and Executive desire to enter into this Agreement as to the terms of his employment
by the Company.
NOW, THEREFORE, in consideration of the premises and mutual covenants contained herein and for other
good and valuable consideration, the parties agree as follows:
1. Term of Employment.
Except for earlier termination as provided in Section 7 hereof, Executive's employment under this Agreement shall
be for a three (3) year term (the "EMPLOYMENT TERM") commencing on the Commencement Date and
ending on June 21, 2003 (the "EXPIRATION DATE").
(a) Executive shall serve as the Executive Vice President and Chief Financial Officer of the Company (the
"EXECUTIVE VICE PRESIDENT"), reporting directly to the Chief Operating Officer of the Company and the
Chief Executive Officer of the Company. If requested by the Board of Directors of the Company (the
"BOARD"), the Chief Executive Officer or the Chief Operating Officer, Executive shall also serve on the Board
and committees thereof, as an executive, officer and director of subsidiaries of the Company and/or as a director
of associated companies of the Company without additional compensation and subject to any policy of the
Compensation Committee of the Company's Board (the "COMPENSATION COMMITTEE") with regard to
retention or turnover of the director's fees.
(b) Executive shall have such duties and authority, consistent with his position, as shall be