WWE Extends Triple H's Contract For Three Years
For almost twenty years, it's been all about the game, and how you play it, but how long will the Game go on? Apparently for at least three more years.
True, Triple H, real name Paul Levesque will continue to serving as an executive for the sports-entertainment juggernaut for years to come, his time as an in-ring competitor could be winding down. Caged Side Seats is reporting that according to an SEC filing, Triple H only signed on for three more years as an actual wrestler.
This First Amendment to Amended and Restated Booking Contract ("First Amendment"), dated May 9, 2016, is by and between WORLD WRESTLING ENTERTAINMENT, INC. ("Promoter"), with offices at 1241 East Main Street, Stamford, Connecticut 06902, and PAUL LEVESQUE ("Wrestler"), with respect to a certain Amended and Restated Booking Contract by and between Promoter and Wrestler effective as of January 1, 2012 (the "Agreement").
In consideration of the promises, covenants and agreements set forth herein and for other good and other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties, intending to be legally bound, hereby agree as follows:
1.The parties agree that the "Term" of the Agreement shall be extended to run an additional three years. Thereafter, the Term shall extend on a year-to-year basis unless either party terminates it by written notice to the other party at least ninety (90) days prior to the then effective end of the Term.
2.All terms not defined in this First Amendment shall have the same meaning given them in the Agreement. Except as expressly or by necessary implication modified by this First Amendment, the terms and conditions of the Agreement are hereby ratified and confirmed without limitation or exception and shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have executed this First Amendment as of the date first above written.
Levesque, 46, has had his share of championship wins and has taken a more active role behind the scenes with recruiting talents as well as the booking for the NXT brand hiring some of the biggest names in the independent scene. This could mean that he finally steps away after a few more keynote matches as a full-time returns seems unlikely at this point.
Should he step away, a Hall of Fame induction is a no-brainer shortly after, but we shall see how these next three years go.0comments