LOAN AGREEMENT Dated as of November 17, 2010 between EMPIRE RESORTS, INC., as Borrower, and KIEN HUAT REALTY III LIMITED, as LenderLoan Agreement • November 19th, 2010 • Empire Resorts Inc • Retail-eating & drinking places • New York
Contract Type FiledNovember 19th, 2010 Company Industry JurisdictionTHIS LOAN AGREEMENT (this “Agreement”), made as of November 17, 2010, between EMPIRE RESORTS, INC., a Delaware corporation, as borrower (“Borrower”), and KIEN HUAT REALTY III LIMITED, a corporation organized in the Isle of Man, as lender (together with its successors and assigns, “Lender”). Lender and Borrower are hereinafter referred to collectively as the “Parties” or individually as a “Party”.