QUIT CLAIM ASSIGNMENTQuit Claim Assignment • May 14th, 2004 • Mid State Raceway Inc • Services-racing, including track operation
Contract Type FiledMay 14th, 2004 Company IndustryFOR VALUE RECEIVED, the undersigned Shawn Scott ("Scott") All Capital LLC ("All Capital"), Vernon, LLC ("Vernon") and Capital One LLC ("Capital", and Scott, All Capital, Vernon and Capital One collectively the "Assignor") does hereby transfer, sell, assign and convey unto Raceway Ventures, LLC (the "Assignee") any and all rights of every kind, nature or description, if any, which Assignor has to provide debt or equity financing to Mid-State Raceway, Inc.
Exhibit 10.12 QUIT CLAIM ASSIGNMENT --------------------- FOR VALUE RECEIVED, the undersigned All Capital LLC (the "Assignor") does hereby transfer, sell, assign and convey unto Raceway Ventures, LLC (the "Assignee") all of the right, title and...Quit Claim Assignment • May 14th, 2004 • Mid State Raceway Inc • Services-racing, including track operation
Contract Type FiledMay 14th, 2004 Company IndustryFOR VALUE RECEIVED, the undersigned All Capital LLC (the "Assignor") does hereby transfer, sell, assign and convey unto Raceway Ventures, LLC (the "Assignee") all of the right, title and interest of the Assignor in and to the right of the Assignor to designate 6 nominees to the Board of Directors of Mid-State Raceway, Inc. ("Mid-State") as set forth in Paragraph 3 of that certain First Amendment to Loan Agreement dated June 30, 2003 between Assignor and Mid-State (the "First Amendment"), a copy of which is annexed hereto.