PURCHASE AGREEMENT for BLUE HARBOR RESORT, SHEBOYGAN, WISCONSIN between CLAREMONT NEW FRONTIER RESORT LLC (“PURCHASER”) and BLUE HARBOR RESORT SHEBOYGAN, LLC (“SELLER”) DATED MARCH 17, 2011Purchase Agreement • May 5th, 2011 • Great Wolf Resorts, Inc. • Hotels & motels • Delaware
All of Lot 10, South Pier, Being part of the Southeast fraction of the Southeast 1/4, Section 23 and part of Government Lot 1, Section 26, All in T15N, R23E, City of Sheboygan, Sheboygan County, Wisconsin.
February 17, 2011Great Wolf Resorts, Inc. • May 5th, 2011 • Hotels & motels • Wisconsin
This will confirm your separation from employment with Great Wolf Resorts, Inc. (the “Company”) as we discussed on January 20, 2011. Your last day of work with the Company will be on February 23, 2011. You agree you shall continue to provide services as assigned by the Company CEO to assist in the transition and wrap-up of your activities on behalf of the Company from January 20, 2011, until your final date of employment which shall be February 23, 2011, (the “Separation Date”), and the Company will consider your termination as a termination for other than cause under Section 4.2(a) of the Employment Agreement signed by you on December 13, 2004 (the “Employment Agreement”). In connection with the separation, the Company offers you the following:
