EXHIBIT 1.2
ASSIGNMENT AGREEMENT
This Assignment Agreement (this "Agreement") dated as of October 23, is
between Peninsula Gaming Partners, LLC ("Transferor") and OED Acquisition, LLC
("Transferee").
Transferor is party to the Purchase Agreement dated as of June 27, 2001
(the "Purchase Agreement") by and among Transferor, as Buyer, BIM3 Investments,
as Seller and The Old Xxxxxxxxxx Xxxxx, X.X. ("OED"), pursuant to which
Transferor has agreed to purchase from the Seller all membership interests in
OED owned by the Seller.
Pursuant to Section 12 of the Purchase Agreement, Transferor has the
right to assign all of its right, title, and interest in the Purchase Agreement
to any person controlled by Transferor.
Transferor hereby agrees to sell to Transferor, and Transferee agrees
to purchase from Transferor, all of Transferor's right, title and interest in
the Purchase Agreement for the sum of $523,835.62.
Peninsula Gaming Partners, LLC
By: /s/ Xxxxxxx X. Xxxxxx
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Name: Xxxxxxx X. Xxxxxx
Title: Managing Member
OED Acquisition, LLC
By: /s/ Xxxxxxx X. Xxxxxx
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Name: Xxxxxxx X. Xxxxxx
Title: Managing Member
