EQUITY INTEREST PURCHASE AGREEMENT dated as of May 7, 2012 by and among PENN NATIONAL GAMING, INC., as Buyer HARRAH’S MARYLAND HEIGHTS, LLC, as the Company CAESARS ENTERTAINMENT OPERATING COMPANY, INC., HARRAH’S MARYLAND HEIGHTS OPERATING COMPANY, AND...Equity Interest Purchase Agreement • August 2nd, 2012 • Penn National Gaming Inc • Hotels & motels • Missouri
THIS EQUITY INTEREST PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of May 7, 2012 (the “Effective Date”), by and among Penn National Gaming, Inc., a Pennsylvania corporation (“Buyer”), Caesars Entertainment Corporation, a Delaware corporation (“Parent”), Caesars Entertainment Operating Company, Inc., a Delaware corporation (“CEOC”), Harrah’s Maryland Heights Operating Company, a Nevada corporation (“HMHO”), Players Maryland Heights Nevada, LLC, a Nevada limited liability company (“PMHN”, together with CEOC and HMHO, “Sellers”), and Harrah’s Maryland Heights, LLC, a Delaware limited liability company (the “Company”). Capitalized terms used herein and not otherwise defined shall have the meanings set forth in Section 14.1.
