October 10, 1995

Mr. Larry Clark
14 North Gristmill Place
Smithville, New Jersey 08201

Dear Larry:

This  letter  will  serve as an  amendment  to the  Employment  Agreement  dated
December 10, 1993, entered into between you and Trump Taj Mahal Associates ("the
Agreement").

TTMA  shall  extend  your  Agreement  for a period  of one (1)  year  commencing
December 1, 1995 and expiring  November  30, 1996 ("the  Expiration  Date").  In
addition,  you shall have the option of renewing the  Agreement  for a period of
one (1) year,  provided  that you notify TTMA of your  intent to  exercise  your
option ninety (90) days in advance of the Expiration Date.

Paragraph  2 of the  Agreement  is hereby  amended to provide for an annual base
salary of Three Hundred Thousand ($300,000.00) Dollars.

Paragraph 5(a) of the Agreement is hereby amended to provide for an annual bonus
in a minimum amount equal to the bonus paid to you for services  rendered during
calendar year 1995.

Paragraph  13 of the  Agreement  is hereby  amended to provide that in the event
TTMA terminates the Agreement  without cause,  you shall receive an amount equal
to one (1) year at your then current salary.

Paragraph 19 shall be added to the Agreement and shall provide that in the event
there is a material  breach of the Agreement by TTMA,  TTMA shall  reimburse you
for  reasonable  legal  expenses  incurred  by you in  enforcing  the  terms and
conditions of the Agreement.

Except as hereby  modified,  all the other terms and conditions of the Agreement
shall remain in full force and effect.

Please acknowledge your agreement with this modification by signing below.

Very truly yours,

/s/ R. Bruce McKee
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R. Bruce McKee
Senior Vice President, Finance
and Chief Operating Officer

Agreed & Consented To:

/s/Larry W. Clark
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LARRY W. CLARK

 10/10/95
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   Date