0000897101-12-001383 Sample Contracts

STOCK APPRECIATION RIGHTS AGREEMENT
Stock Appreciation Rights Agreement • August 14th, 2012 • Canterbury Park Holding Corp • Services-racing, including track operation • Minnesota

This Stock Appreciation Rights Agreement (“Agreement”) is entered into this 14th day of June, 2012 by and between Canterbury Park Holding Corporation (“CPHC”) and Shakopee Mdewakanton Sioux Community (“SMSC”), a federally recognized Indian tribe. CPHC and SMSC are sometimes referred to herein collectively as the “Parties” or individually as a “Party.”

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