DUTY OF LOYALTY AGREEMENTDuty of Loyalty Agreement • May 9th, 2011 • Herbst Gaming, LLC • Hotels & motels • Nevada
THIS DUTY OF LOYALTY AGREEMENT (this “Agreement”) is entered into on January 21, 2011, and is effective as of the Effective Date (as defined below), between Herbst Gaming, LLC, a Nevada limited liability company (the “Company”), and Chris Krabiel, an individual (the “Executive”).
FORM OF EXECUTIVE SEVERANCE AGREEMENTForm of Executive Severance Agreement • May 9th, 2011 • Herbst Gaming, LLC • Hotels & motels • Nevada
THIS EXECUTIVE SEVERANCE AGREEMENT (this “Agreement”) is entered into on January 21, 2011, and effective as of the Effective Date (as defined below), between Herbst Gaming, LLC, a Nevada limited liability company (the “Company”), and Chris Krabiel, an individual (the “Executive”).
Herbst Gaming, LLCLetter Agreement • May 9th, 2011 • Herbst Gaming, LLC • Hotels & motels • Nevada
This letter (the “Letter Agreement”) confirms our offer of employment with Herbst Gaming, LLC (the “Company”) under the following terms and conditions and replaces all previous agreements and understandings, whether written or oral.
May 3, 2011 Via Hand Delivery Donna Lehmann c/o Herbst Gaming, LLC Las Vegas, NV 89118 Dear Donna:Letter Agreement • May 9th, 2011 • Herbst Gaming, LLC • Hotels & motels • Nevada
This letter, when effective as set forth below, shall serve as the amendment (the “Amendment”) to the Letter Agreement dated January 11, 2011 (the “Letter Agreement”) by and between you and Herbst Gaming, LLC (the “Company”) governing the terms and conditions of your employment with the Company. All capitalized terms set forth in this Amendment, unless otherwise hereinafter defined, shall have the same meaning as in the Letter Agreement.
