FOURTH SUPPLEMENTAL INDENTURE
This Fourth Supplemental Indenture (the "Fourth Supplemental
Indenture") dated as of October 24, 1995, is by and among Players
International, Inc., a Nevada corporation (the "Company"); the
Guarantors whose names are set forth on the signature pages
below, Players Holding, Inc., a Nevada corporation; Players
Services, Inc., a New Jersey corporation; Players Resources,
Inc., a Nevada corporation; Players Entertainment, Inc., a Nevada
corporation; Players MH, L.P., a Missouri limited partnership;
and First Fidelity Bank, National Association, as Trustee (the
"Trustee").
WITNESSETH:
WHEREAS, the Company, certain of the Guarantors and the
Trustee have entered into an Indenture dated as of April 10, 1995
(the "Original Indenture"), as supplemented by a First
Supplemental Indenture dated as of April 25, 1995, as
supplemented by a Second Supplemental Indenture dated as of
September 19, 1995, and as supplemented by a Third Supplemental
Indenture dated as of October 17, 1995, in connection with the
Company's issuance of 10-7/8% Senior Notes due 2005 (the "Senior
Notes");
WHEREAS, Section 5.20 of the Original Indenture contemplates
that each Subsidiary created or acquired after the Issue Date
shall become a Guarantor of the Senior Notes and a party to the
Original Indenture;
WHEREAS, Players Holding, Inc., Players Services, Inc.,
Players Resources, Inc., Players Entertainment, Inc., and Players
MH, L.P. (collectively, the "New Subsidiaries") are Subsidiaries
that were created or acquired by the Company after the Issue
Date;
WHEREAS, the parties hereto are authorized and deem it
necessary and desirable to enter into this Fourth Supplemental
Indenture for the purpose of adding the New Subsidiaries as
Guarantors of the Senior Notes; and
WHEREAS, all acts and things necessary to constitute this
Fourth Supplemental Indenture a valid indenture and agreement
according to its terms have been done and performed and the
parties hereto have duly authorized the execution and delivery of
this Fourth Supplemental Indenture and are jointly and severally
obligated hereunder.
NOW, THEREFORE, in consideration of the premises, the
parties hereto hereby covenant and agree as follows:
1. Definitions. All capitalized terms used herein and not
otherwise defined shall have the meanings assigned to such terms
in the Original Indenture.
2. New Subsidiaries Guarantee. The New Subsidiaries
hereby irrevocably and unconditionally guarantee each Senior Note
as provided in Article XIII of the Original Indenture. The New
Subsidiaries shall execute and deliver to the Trustee a guarantee
in the form of Exhibit A hereto (the "New Subsidiaries
Guarantee"). The New Subsidiaries Guarantee shall have the same
force and effect as the Guarantee executed and delivered by the
Initial Guarantors and endorsed on the Senior Notes.
3. Parties to the Indenture. Upon execution and delivery
of this Fourth Supplemental Indenture, the New Subsidiaries shall
become parties to the Original Indenture with the same force and
effect as if they were original signatories to the Original
Indenture, subject to all the terms and conditions contained
therein.
4. Confirmation of Indenture. Except as amended and
supplemented by this Fourth Supplemental Indenture, the Indenture
as heretofore supplemented by the First, Second and Third
Supplemental Indentures is ratified and confirmed in all
respects.
5. Governing Law. This Fourth Supplemental Indenture
shall be governed by and construed in accordance with the laws of
the State of New York.
6. Execution in Counterparts. This Fourth Supplemental
Indenture may be executed in several counterparts, each of which
shall be an original and all of which shall constitute one
instrument.
IN WITNESS WHEREOF, the parties hereto have caused this
Fourth Supplemental Indenture to be duly executed as of the date
first written above.
PLAYERS INTERNATIONAL, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Executive Vice President,
Chief Financial Officer
and Secretary
FIRST FIDELITY BANK, NATIONAL
ASSOCIATION, as Trustee
By: /s/ Xxxx X. Xxxxxxx
Name: Xxxx X. Xxxxxxx
Title: Assistant Vice President,
Assistant Secretary
PLAYERS LAKE XXXXXXX, INC.
By:
/s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS RIVERBOAT MANAGEMENT, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS RIVERBOAT, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS RIVERBOAT, LLC
By: Players Riverboat Management, Inc.,
member
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
SHOWBOAT STAR PARTNERSHIP
By: Players Riverboat, LLC,
general partner
By: Players Riverboat Management, Inc.,
member
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
By: Players Riverboat Management, Inc.,
general partner
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS NEVADA, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS MESQUITE GOLF CLUB, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS MESQUITE LAND, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS INDIANA, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS MICHIGAN CITY, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS MICHIGAN CITY
MANAGEMENT, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS BLUEGRASS DOWNS, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
RIVER BOTTOM, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS MARYLAND HEIGHTS, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
SOUTHERN ILLINOIS RIVERBOAT/
CASINO CRUISES, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS RIVER CITY, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS SHREVEPORT, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS SHUTTLE, INC.
By: /s/ Xxxxx X.. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS MARYLAND HEIGHTS NEVADA, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS HOLDING, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS SERVICES, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS RESOURCES, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS ENTERTAINMENT, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS MH, L.P.
By: Players Maryland Heights, Inc.,
general
partner
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
Exhibit A
FORM OF GUARANTEE
For value received, Players Holding, Inc., a Nevada
corporation; Players Services, Inc., a New Jersey corporation;
Players Resources, Inc., a Nevada corporation; Players
Entertainment, Inc., a Nevada corporation; and Players MH, L.P.,
a Missouri limited partnership, hereby unconditionally guarantee
to the Holders of the Senior Notes the due and punctual payment,
as set forth in the Indenture pursuant to which such Senior Notes
and this Guarantee were issued, of the principal of, premium (if
any) and interest on such Senior Notes when and as the same shall
become due and payable for any reason according to the terms of
such Senior Notes and Article XIII of the Indenture.
PLAYERS HOLDING, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS SERVICES, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS RESOURCES, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS ENTERTAINMENT, INC.
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
PLAYERS MH, L.P.
By: Players Maryland Heights, Inc.,
general
partner
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Treasurer
