8-K

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
FORM 8-K
CURRENT REPORTPursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)     December 29, 2005
AZTAR CORPORATION(Exact name of registrant as specified in its charter)
Delaware (State or other jurisdiction of incorporation)			1-5440 (Commission File Number)		86-0636534 (I.R.S. Employer Identification Number)
2390 East Camelback Road, Suite 400, Phoenix, Arizona (Address of principal executive offices)				85016 (Zip Code)
Registrant's telephone number, including area code  (602) 381-4100
Not Applicable (Former name or former address, if changed since last report)
	Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
	[ ]   [ ]   [ ]   [ ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 1.01.	Entry into a Material Definitive Agreement
	On December 29, 2005, the severance agreements between Aztar Corporation (the "Company") and Robert M. Haddock, Neil A. Ciarfalia, Nelson W. Armstrong, Jr. and Meridith P. Sipek were amended. The amendment provides that a cash payment for the individual's outstanding stock options (whether or not then fully exercisable) upon a termination of employment as provided in the original agreement is now subject to the consent of the compensation committee of the Company's board of directors.
ITEM 9.01.	Financial Statements and Exhibits
	(d)	Exhibits:
		10.1	Amendment to Severance Agreement, dated December 29, 2005, by and between Aztar Corporation and Robert M. Haddock
		10.2	Amendment to Severance Agreement, dated December 29, 2005, by and between Aztar Corporation and Neil A. Ciarfalia
		10.3	Amendment to Severance Agreement, dated December 29, 2005, by and between Aztar Corporation and Nelson W. Armstrong, Jr.
		10.4	Amendment to Severance Agreement, dated December 29, 2005, by and between Aztar Corporation and Meridith P. Sipek

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

       AZTAR CORPORATION



By:  NEIL A. CIARFALIA       
       Neil A. Ciarfalia
       Chief Financial Officer,
       Vice President and Treasurer

Date:  January 3, 2006

2

EXHIBIT INDEX

Exhibit Number	Description
10.1	Amendment to Severance Agreement, dated December 29, 2005, by and between Aztar Corporation and Robert M. Haddock
10.2	Amendment to Severance Agreement, dated December 29, 2005, by and between Aztar Corporation and Neil A. Ciarfalia
10.3	Amendment to Severance Agreement, dated December 29, 2005, by and between Aztar Corporation and Nelson W. Armstrong, Jr
10.4	Amendment to Severance Agreement, dated December 29, 2005, by and between Aztar Corporation and Meridith P. Sipek

3

EX-10

EXHIBIT 10.1

AZTAR CORPORATION
2390 East Camelback Road, Suite 400
Phoenix, Arizona 85016

December 29, 2005

Mr. Robert M. Haddock
Chairman of the Board, President
   and Chief Executive Officer
Aztar Corporation
2390 East Camelback Road, Suite 400
Phoenix, Arizona 85016

Dear Mr. Haddock:

                        Pursuant to our recent discussions, PricewaterhouseCoopers, Aztar Corporation's (the "Corporation") accountants, have advised the Corporation that it will incur adverse accounting consequences upon the Corporation's adoption of FAS 123(R) with respect to any stock options with respect to the Corporation's stock which provide for the cash out of such options in any circumstances that are not within the control of the Corporation, whether such options were granted before or after the adoption of FAS 123(R). Accordingly, in order to avoid these adverse accounting consequences, and for other good and sufficient consideration, you and the Corporation have agreed to amend clause iv) of Section 7.1 of your severance letter agreement with the Corporation, dated as of July 6, 1995 (the "Severance Agreement"), to provide as follows, effective as of the date set forth above:

"iv) the vesting of all outstanding options ("Options"), if any, granted to you under any of the Corporation's stock option plans, incentive plans or other similar plans with respect to shares of common stock of the Corporation ("Common Shares") shall be accelerated immediately and such Options shall be fully exercisable; provided, however, that in lieu of Common Shares issuable upon exercise of such Options (which Options shall be cancelled upon the making of the payment referred to below), subject to the consent of the Compensation Committee of the Board, the Corporation shall pay to you, at the time specified in Section 7.2, an amount in cash equal to the product of (a) the excess of, in the case of an "incentive stock option" (as defined in section 422 of the Internal Revenue Code of 1986, as amended (the "Code")) granted after the date hereof, the closing price of Common Shares as reported on the New York Stock Exchange on or nearest the Date of Termination (or, if not listed on such e xchange, on a nationally recognized exchange or quotation system on which trading volume in the Common Shares is highest) and, in the case of all other Options, the higher of such closing price or the highest per share price for Common Shares actually paid in connection with any merger, reorganization or other acquisition of all or substantially all of the Corporation's common stock, over the per share option price of each Option held by you (whether or not then fully exercisable), and (b) the number of Common Shares covered by each such Option;"

December 29, 2005
Page 2

            If this letter sets forth our agreement with respect to the amendment of your Severance Agreement, kindly sign and return to the Corporation the enclosed copy of this letter, which will then constitute our agreement on this subject and an amendment of your Severance Agreement.

     












Agreed to this 29^th day
of December 2005.

     ROBERT M. HADDOCK      
     Robert M. Haddock

Sincerely,

AZTAR CORPORATION



By          NEIL A. CIARFALIA                           
  Name:  Neil A. Ciarfalia
  Title:    Chief Financial Officer,
              Vice President and Treasurer

EX-10

EXHIBIT 10.2

AZTAR CORPORATION
2390 East Camelback Road, Suite 400
Phoenix, Arizona 85016

December 29, 2005

Mr. Neil A. Ciarfalia
Chief Financial Officer,
   Vice President and Treasurer
Aztar Corporation
2390 East Camelback Road, Suite 400
Phoenix, Arizona 85016

Dear Mr. Ciarfalia:

                        Pursuant to our recent discussions, PricewaterhouseCoopers, Aztar Corporation's (the "Corporation") accountants, have advised the Corporation that it will incur adverse accounting consequences upon the Corporation's adoption of FAS 123(R) with respect to any stock options with respect to the Corporation's stock which provide for the cash out of such options in any circumstances that are not within the control of the Corporation, whether such options were granted before or after the adoption of FAS 123(R). Accordingly, in order to avoid these adverse accounting consequences, and for other good and sufficient consideration, you and the Corporation have agreed to amend clause (iii)(d) of Section 4 of your severance letter agreement with the Corporation, dated as of July 6, 1995 (the "Severance Agreement"), to provide as follows, effective as of the date set forth above :

"(d) the vesting of all outstanding options ("Options"), if any, granted to you under any of the Corporation's stock option plans, incentive plans or other similar plans with respect to shares of common stock of the Corporation ("Common Shares") shall be accelerated immediately and such Options shall be fully exercisable; provided, however, that in lieu of Common Shares issuable upon exercise of such Options (which Options shall be cancelled upon the making of the payment referred to below), subject to the consent of the Compensation Committee of the Board, the Corporation shall pay to you, at the time specified in Section 4(v), an amount in cash equal to the product of (a) the excess of, in the case of an "incentive stock option" (as defined in section 422 of the Internal Revenue Code of 1986, as amended (the "Code")) granted after the date hereof, the closing price of Common Shares as reported on the New York Stock Exchange on or nearest the Date of Termination (or, if not listed on such exchange, on a nationally recognized exchange or quotation system on which trading volume in the Common Shares is highest) and, in the case of all other Options, the higher of such closing price or the highest per share price for Common Shares actually paid in connection with any Change in Control, over the per share option price of each Option held by you (whether or not then fully exercisable), and (b) the number of Common Shares covered by each such Option;"

December 29, 2005
Page 2


             If this letter sets forth our agreement with respect to the amendment of your Severance Agreement, kindly sign and return to the Corporation the enclosed copy of this letter, which will then constitute our agreement on this subject and an amendment of your Severance Agreement.

     












Agreed to this 29^th day
of December 2005.

    NEIL A. CIARFALIA     
    Neil A. Ciarfalia
Sincerely,

AZTAR CORPORATION



By:          ROBERT M. HADDOCK               
Name:     Robert M. Haddock
   Title:    Chairman of the Board, President
               and Chief Executive Officer

EX-10

EXHIBIT 10.3

AZTAR CORPORATION
2390 East Camelback Road, Suite 400
Phoenix, Arizona 85016

December 29, 2005

Mr. Nelson W. Armstrong, Jr.
Vice President, Administration
   and Secretary
Aztar Corporation
2390 East Camelback Road, Suite 400
Phoenix, Arizona 85016

Dear Mr. Armstrong:

                        Pursuant to our recent discussions, PricewaterhouseCoopers, Aztar Corporation's (the "Corporation") accountants, have advised the Corporation that it will incur adverse accounting consequences upon the Corporation's adoption of FAS 123(R) with respect to any stock options with respect to the Corporation's stock which provide for the cash out of such options in any circumstances that are not within the control of the Corporation, whether such options were granted before or after the adoption of FAS 123(R). Accordingly, in order to avoid these adverse accounting consequences, and for other good and sufficient consideration, you and the Corporation have agreed to amend clause iv) of Section 7.1 of your severance letter agreement with the Corporation, dated as of July 6, 1995 (the "Severance Agreement"), to provide as follows, effective as of the date set forth above:

"iv) the vesting of all outstanding options ("Options"), if any, granted to you under any of the Corporation's stock option plans, incentive plans or other similar plans with respect to shares of common stock of the Corporation ("Common Shares") shall be accelerated immediately and such Options shall be fully exercisable; provided, however, that in lieu of Common Shares issuable upon exercise of such Options (which Options shall be cancelled upon the making of the payment referred to below), subject to the consent of the Compensation Committee of the Board, the Corporation shall pay to you, at the time specified in Section 7.2, an amount in cash equal to the product of (a) the excess of, in the case of an "incentive stock option" (as defined in section 422 of the Internal Revenue Code of 1986, as amended (the "Code")) granted after the date hereof, the closing price of Common Shares as reported on the New York Stock Exchange on or nearest the Date of Termination (or, if not listed on such e xchange, on a nationally recognized exchange or quotation system on which trading volume in the Common Shares is highest) and, in the case of all other Options, the higher of such closing price or the highest per share price for Common Shares actually paid in connection with any merger, reorganization or other acquisition of all or substantially all of the Corporation's common stock, over the per share option price of each Option held by you (whether or not then fully exercisable), and (b) the number of Common Shares covered by each such Option;"

December 29, 2005
Page 2

            If this letter sets forth our agreement with respect to the amendment of your Severance Agreement, kindly sign and return to the Corporation the enclosed copy of this letter, which will then constitute our agreement on this subject and an amendment of your Severance Agreement.

     












Agreed to this 29^th day
of December 2005.

     N.W. ARMSTRONG, JR.              
     Nelson W. Armstrong, Jr.

Sincerely,

AZTAR CORPORATION



By:          ROBERT M. HADDOCK               
Name:     Robert M. Haddock
   Title:    Chairman of the Board, President
               and Chief Executive Officer

EX-10

EXHIBIT 10.4

AZTAR CORPORATION
2390 East Camelback Road, Suite 400
Phoenix, Arizona 85016

December 29, 2005

Mr. Meridith P. Sipek
  Vice President and Controller
Aztar Corporation
2390 East Camelback Road, Suite 400
Phoenix, Arizona 85016

Dear Mr. Sipek:

                        Pursuant to our recent discussions, PricewaterhouseCoopers, Aztar Corporation's (the "Corporation") accountants, have advised the Corporation that it will incur adverse accounting consequences upon the Corporation's adoption of FAS 123(R) with respect to any stock options with respect to the Corporation's stock which provide for the cash out of such options in any circumstances that are not within the control of the Corporation, whether such options were granted before or after the adoption of FAS 123(R). Accordingly, in order to avoid these adverse accounting consequences, and for other good and sufficient consideration, you and the Corporation have agreed to amend clause iv) of Section 7.1 of your severance letter agreement with the Corporation, dated as of July 6, 1995 (the "Severance Agreement"), to provide as follows, effective as o f the date set forth above:

"iv) the vesting of all outstanding options ("Options"), if any, granted to you under any of the Corporation's stock option plans, incentive plans or other similar plans with respect to shares of common stock of the Corporation ("Common Shares") shall be accelerated immediately and such Options shall be fully exercisable; provided, however, that in lieu of Common Shares issuable upon exercise of such Options (which Options shall be cancelled upon the making of the payment referred to below), subject to the consent of the Compensation Committee of the Board, the Corporation shall pay to you, at the time specified in Section 7.2, an amount in cash equal to the product of (a) the excess of, in the case of an "incentive stock option" (as defined in section 422 of the Internal Revenue Code of 1986, as amended (the "Code")) granted after the date hereof, the closing price of Common Shares as reported on the New York Stock Exchange on or nearest the Date of Termination (or, if not listed on such e xchange, on a nationally recognized exchange or quotation system on which trading volume in the Common Shares is highest) and, in the case of all other Options, the higher of such closing price or the highest per share price for Common Shares actually paid in connection with any merger, reorganization or other acquisition of all or substantially all of the Corporation's common stock, over the per share option price of each Option held by you (whether or not then fully exercisable), and (b) the number of Common Shares covered by each such Option;"

December 29, 2005
Page 2


             If this letter sets forth our agreement with respect to the amendment of your Severance Agreement, kindly sign and return to the Corporation the enclosed copy of this letter, which will then constitute our agreement on this subject and an amendment of your Severance Agreement.

     












Agreed to this 29^th day
of December 2005.

    MERIDITH P. SIPEK    
    Meridith P. Sipek

Sincerely,

AZTAR CORPORATION



By:          ROBERT M. HADDOCK               
Name:     Robert M. Haddock
   Title:    Chairman of the Board, President
               and Chief Executive Officer