CLAIM SETTLEMENT AGREEMENTClaim Settlement Agreement • March 1st, 2007 • Penn National Gaming Inc • Services-miscellaneous amusement & recreation
This Claim Settlement Agreement (hereafter, the “Agreement”) is executed this 16th day of January 2007, by and between (1) Penn National Gaming, Inc. (hereafter, “Penn National” as further defined in Paragraph 1.a., below) and (2) those insurers of Penn National listed in Appendix A hereto severally underwriting shares of Penn National’s all-risk property insurance program as shown in Appendix A for the period from August 8, 2005 to August 8, 2006 (hereafter collectively, the “Insurers” as further defined in Paragraph 1.b. below and individually as “Insurer”). Penn National and the Insurers are referred to from time to time collectively as the “Parties” and individually as a “Party.”
