DIRECTOR STOCK OPTION AGREEMENT (NON-QUALIFIED STOCK OPTION)Director Stock Option Agreement • March 31st, 2006 • Southwest Casino Corp • Services-amusement & recreation services • Minnesota
THIS DIRECTOR STOCK OPTION AGREEMENT (the “Agreement”) is entered into and effective January 10, 2006 (the “Date of Grant”), by and between Southwest Casino Corporation (the “Company”) and David H. Abramson (the “Optionee”).
INDEMNIFICATION AGREEMENTIndemnification Agreement • March 31st, 2006 • Southwest Casino Corp • Services-amusement & recreation services
Southwest Casino Corporation (“Company”) and (“Indemnitee”) enter into this Indemnification Agreement (the “Agreement”) effective December 7, 2005.
SOUTHWEST CASINO CORPORATION WARRANT TO PURCHASE SHARES OF COMMON STOCKSouthwest Casino Corp • March 31st, 2006 • Services-amusement & recreation services • Minnesota
This warrant (“Warrant”) certifies that (“Holder”), is entitled to purchase, subject to fulfillment of the terms and conditions in this Warrant (including, to the extent required, the approval of all state and federal regulatory authorities having jurisdiction over Southwest Casino Corporation (the “Company”)), from the Company at any time before 4:00 p.m. Minneapolis time on October 19, 2010 (the “Exercise Period”), 100,000 shares of Common Stock of the Company (“Common Stock”) at the purchase price of $.58 per share. The number of shares of Common Stock Holder will receive upon exercise of this Warrant and the price to be paid for a share of Common Stock may be adjusted from time to time as stated in this Warrant. The shares of Common Stock deliverable upon exercise of this Warrant are sometimes referred to as “Warrant Shares” and the purchase price of each share of Common Stock under this Warrant is sometimes referred to as the “Exercise Price.” The term “Warrant” as used in this Wa
SOUTHWEST CASINO CORPORATION WARRANT TO PURCHASE SHARES OF COMMON STOCKSouthwest Casino Corp • March 31st, 2006 • Services-amusement & recreation services • Minnesota
This Warrant certifies that MBC Global, LLC, or its registered assign (“Holder”), is entitled to purchase, subject to fulfillment of the terms and conditions in this Warrant (including, to the extent required, the approval of all state or federal regulatory authorities having jurisdiction over Southwest Casino Corporation (the “Company”)), from the Company at any time before 4:00 P.M. Minneapolis time on June 30, 2009 (the “Exercise Period”), 300,000 shares of Common Stock of the Company (“Common Stock”) at the purchase price of $1.00 per share. The number of shares of Common Stock Holder will receive upon exercise of this Warrant and the price to be paid for a share of Common Stock may be adjusted from time to time stated in this Warrant. The shares of Common Stock deliverable upon exercise of this Warrant are sometimes referred to as “Warrant Shares” and the purchase price of each share of Common Stock under this Warrant is sometimes referred to as the “Exercise Price.” The term “War
GAMING MANAGEMENT AGREEMENTGaming Management Agreement • March 31st, 2006 • Southwest Casino Corp • Services-amusement & recreation services
THIS AGREEMENT, made and entered into this 24th day of March, 2006, at Red Rock, Oklahoma, by and between the OTOE-MISSOURIA TRIBE OF INDIANS, a federally recognized Indian Tribe organized pursuant to Section 3 of the Act of June 26, 1936 (49 Stat. 1967) by and through its duly elected Otoe Missouria Tribal Council (hereinafter referred to as “Tribe”), and SOUTHWEST CASINO AND HOTEL CORP., a Minnesota corporation with its principal place of business located in Minneapolis, Minnesota (hereinafter referred to as “Manager”).
