AMENDED AND RESTATED OPTION AGREEMENTOption Agreement • May 21st, 2014 • Lakes Entertainment Inc • Services-miscellaneous amusement & recreation • California
Contract Type FiledMay 21st, 2014 Company Industry JurisdictionThis Amended and Restated Option Agreement (“Agreement”), effective May 15, 2014 (the “Effective Date”), amends and restates in its entirety that certain Option Agreement effective September 14, 2012 (the "Original Option Agreement") by and between Lakes Kean Argovitz Resorts – California, LLC (the “Seller”) and Penn National Gaming Inc., or its assignee or nominee (“Buyer”). For purposes of this Agreement, Buyer and Seller shall be referred to herein as the “Parties,” and solely for purposes of the covenants set forth in Section 10(a)(i), (ii), (vi), (viii), and (ix), and Section 13 hereof, the term “Seller” shall include the members, owners, successors, and assigns of Lakes Kean Argovitz Resources – California, LLC, including Lakes Entertainment, Inc.
OPTION AGREEMENTOption Agreement • April 11th, 2013 • Lakes Entertainment Inc • Services-miscellaneous amusement & recreation • California
Contract Type FiledApril 11th, 2013 Company Industry JurisdictionThis Option Agreement (“Agreement”), effective September 14, 2012 (the “Effective Date”), is entered into by and between Lakes Kean Argovitz Resorts – California, LLC (the “Seller”) and Penn National Gaming Inc., or its assignee or nominee (“Buyer”), with Buyer and Seller being referred to herein as the "Parties," and solely for purposes of the covenants set forth in Section 10(a)(i), (ii), (vi), (viii), and (ix), and Section 13 hereof, the term “Seller” shall include the members, owners, successors, and assigns of Lakes Kean Argovitz Resources – California, LLC, including Lakes Entertainment, Inc.