April 10 (Reuters) - MGM Mirage:
* Enters into new employment agreement with chairman and CEO James Murren-Sec
* Says new employment agreement, which will be effective as of December 1, 2008
and will expire on April 7, 2013, will provide for an annual base salary of
$2.0 million
* Says murren will be entitled to use the company's aircraft for personal
reasons for up to two roundtrip travels each year
* Says murren will be entitled to receive an annual $100,000 payment to be
applied to his life insurance premiums.
((New York Equities Desk; tel: +1 646 223 6000))
(For more news about MGM Mirage click here:) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Enters into new employment agreement with chairman and CEO James Murren-Sec
* Says new employment agreement, which will be effective as of December 1, 2008
and will expire on April 7, 2013, will provide for an annual base salary of
$2.0 million
* Says murren will be entitled to use the company's aircraft for personal
reasons for up to two roundtrip travels each year
* Says murren will be entitled to receive an annual $100,000 payment to be
applied to his life insurance premiums.
((New York Equities Desk; tel: +1 646 223 6000))
(For more news about MGM Mirage click here:) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.