Exhibit 10.26
Amendment to Employment Agreement
Amendment to Employment Agreement (this “Amendment”), dated as of December 30, 2008, by and
between Scientific Games Corporation, a Delaware corporation (the “Company”), and Michael R. Chambrello
(“Executive”).
WHEREAS, Executive has been employed pursuant to an Employment Agreement dated as of July 1,
2005 by and between the Company and Executive (the “2005 Agreement”) as amended by a letter agreement
dated August 2, 2006 (the “August 2006 Amendment”) and a letter agreement dated May 8, 2008 (the
“May 2008 Amendment” and, collectively with the 2005 Agreement and the August 2006 Amendment, the
“Employment Agreement”); and
WHEREAS, the Company and Executive desire to amend the Employment Agreement as set forth herein
to bring the Employment Agreement into compliance with Section 409A of the Internal Revenue Code of 1986
and the regulations and Treasury guidance thereunder; and
WHEREAS, the amendments contemplated hereby are intended to bring the timing of, and certain
procedural aspects with respect to, certain payments under the Employment Agreement into compliance with
Section 409A but not to otherwise affect Executive’s right to such payments.
NOW THEREFORE, in consideration of the premises and the mutual benefits to be derived herefrom
and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto agree as follows:
1. Section 6(i) of the Employment Agreement is hereby amended by inserting the following new
sentence after the first sentence thereof:
“The Company shall (i) provide Executive with the proposed form of release referred to in the
immediately preceding sentence no later than two (2) days following the Termination Date, (ii) the
Executive shall have 21 days to consider the release and if he executes the release, shall have seven days
after execution of the release to revoke the release, and, absent such revocation, th