EXHIBIT 99.1Securities Purchase Agreement • October 16th, 2000 • Jackpot Enterprises Inc • Services-miscellaneous amusement & recreation • New York
EXHIBIT 99.3 LOAN ASSUMPTION AND FORBEARANCE AGREEMENT THIS LOAN ASSUMPTION AND FORBEARANCE AGREEMENT (this "Agreement") is made and entered into as of October 12, 2000 by and between MICHAEL DONAHUE, an individual having an address at 395 Hudson...Loan Assumption and Forbearance Agreement • October 16th, 2000 • Jackpot Enterprises Inc • Services-miscellaneous amusement & recreation • New York
EXHIBIT 99.4 CALL/PROFIT PARTICIPATION AGREEMENT This agreement (the "Agreement") is made as of the 12th day of October, 2000, by and between Michael J. Donahue ("Donahue") and Jackpot Enterprises, Inc. ("JEI"). WHEREAS, Salomon Smith Barney Inc....Call/Profit Participation Agreement • October 16th, 2000 • Jackpot Enterprises Inc • Services-miscellaneous amusement & recreation
EXHIBIT B TO SECURITIES PURCHASE AGREEMENT On October 12, 2000, Jackpot and Issuer entered into a Securities Purchase Agreement (the "Purchase Agreement"), which provides that Jackpot, on the date of the First Closing, will purchase $14.9 million in...Securities Purchase Agreement • October 16th, 2000 • Jackpot Enterprises Inc • Services-miscellaneous amusement & recreation
On October 12, 2000, Jackpot and Issuer entered into a Securities Purchase Agreement (the "Purchase Agreement"), which provides that Jackpot, on the date of the First Closing, will purchase $14.9 million in aggregate principal amount of Series A Preferred Stock. The Purchase Agreement further specified that Jackpot would purchase an additional $5.1 million in aggregate principal amount of Series A Preferred Stock not later than ten days following approval under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "Second Closing"). Each share of Series A Preferred Stock is initially convertible into shares of Common Stock at a conversion price of $6.25 per share (the "Conversion Price"), and is subject to adjustment. On the six month anniversary of the date of the First Closing, the Conversion Price shall be adjusted, if lower, to 90% of the average daily closing price of the Issuer's Common Stock for the six-month period from the date of issuance, but in no event less than $2
