FIRST AMENDMENT TO “VIDEO LOTTERY TERMINAL CONTRACT by and between the Division of Lotteries of the Rhode Island Department of Administration and Newport Grand Jai Alai, LLC Dated November 23, 2005” Dated January 25, 2006
Exhibit 10.14
FIRST AMENDMENT
TO “VIDEO LOTTERY TERMINAL CONTRACT
by and between the
Division of Lotteries of the Rhode Island Department of Administration
and
Newport Grand Xxx Xxxx, LLC
Dated November 23, 2005”
Dated January 25, 2006
FIRST AMENDMENT TO MASTER VIDEO LOTTERY
TERMINAL CONTRACT
This First Amendment to that certain Master Video Lottery Terminal Contract by and between the Division of Lotteries of the Rhode Island Department of Administration and Newport Grand Xxx Xxxx, LLC Dated November 23, 2005 (“First Amendment”) is made this 25th day of January, 2006, by and between the Division of Lotteries of the Rhode Island Department of Administration (the “Division”), an agency of the State of Rhode Island with its principal address at 0000 Xxxxxxx Xxxxxx, Xxxxxxxx, Xxxxx Xxxxxx 00000, and Newport Grand, LLC (“Newport Grand”), a Rhode Island limited liability company with its principal office located at 150 Admiral Kalbfus Road, Xxxxxxx, Xxxxx Xxxxxx 00000.
WITNESSETH:
WHEREAS, the parties entered into a Master Video Lottery Terminal Contract on the 23rd day of November, 2005 (“Master Video Terminal Contract”);
WHEREAS, the parties wish to amend said Master Video Lottery Terminal Contract by deleting Section 6.1 thereof in its entirety.
NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and in consideration of the mutual promises, covenants, obligations and conditions herein contained, the parties agree as follows:
1. Section 6.1 of the Master Video Lottery Terminal Contract, which provides as set forth, below shall be deleted in its entirety:·
“6. Project Labor Agreement.
6.1 Promptly following the Effective Date, Newport Grand, or a Newport Grand Business Affiliate, as applicable, shall execute a Project Labor Agreement (the “Project Labor Agreement”) for the construction of improvements to Newport Grand, subject to all applicable construction industry trade unions being parties thereto.”
2. Except as provided in paragraph 1 hereof above, all terms, conditions and provisions of the Master Video Lottery Terminal Contract shall continue in full force and effect and be binding upon and inure to the benefit of the parties.
| NEWPORT GRAND, L.L.C. | DIVISION OF LOTTERIES |
| By: | /s/ Xxxxx X. Xxxxxx | By: | /s/ Xxxxxxx X. Xxxxxxxx | |
| Name: | Xxxxx X. Xxxxxx | Name: | Xxxxxxx X. Xxxxxxxx | |
| Title: | Chief Executive Officer | Title: | Acting Director | |
| Dated: | January 25, 2006 | Dated: | January 25, 2006 |
