0001193125-04-133599 Sample Contracts

EMPLOYMENT AND NON-COMPETE AGREEMENT DOVER MOTORSPORTS, INC. AND KLAUS M. BELOHOUBEK
Employment and Non-Compete Agreement • August 6th, 2004 • Dover Motorsports Inc • Services-amusement & recreation services • Delaware

THIS AGREEMENT, is by and between Dover Motorsports, Inc. (the “Company”) and Klaus M. Belohoubek (the “Executive”) and is effective as of this 16th day of June, 2004 (the “Effective Date”).

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NON-COMPETE AGREEMENT DOVER MOTORSPORTS, INC. AND HENRY B. TIPPIE
Non-Compete Agreement • August 6th, 2004 • Dover Motorsports Inc • Services-amusement & recreation services • Delaware

THIS AGREEMENT, is by and between Dover Motorsports, Inc. (the “Company”) and Henry B. Tippie (the “Director”) and is effective as of this 16th day of June 2004 (the “Effective Date”).

AMENDMENT NO. 2
Dover Motorsports Inc • August 6th, 2004 • Services-amusement & recreation services • Maryland

This AMENDMENT NO. 2 (“AMENDMENT”) is made as of July 28, 2004 by and among DOVER MOTORSPORTS, INC., a Delaware corporation, DOVER INTERNATIONAL SPEEDWAY, INC., a Delaware corporation, GATEWAY INTERNATIONAL MOTORSPORTS CORPORATION, an Illinois corporation, GATEWAY INTERNATIONAL SERVICES CORPORATION, an Illinois corporation, MEMPHIS INTERNATIONAL MOTORSPORTS CORPORATION, a Tennessee corporation, M&N SERVICES CORP., a Tennessee corporation, NASHVILLE SPEEDWAY USA, INC., a Tennessee corporation and GRAND PRIX ASSOCIATION OF LONG BEACH, INC., a California corporation (collectively, “BORROWERS”); MERCANTILE-SAFE DEPOSIT AND TRUST COMPANY, a Maryland banking corporation as agent (“AGENT”); MERCANTILE-SAFE DEPOSIT AND TRUST COMPANY, a Maryland banking corporation in its capacity as issuer of letters of credit (“ISSUING BANK”); and WILMINGTON TRUST COMPANY, MERCANTILE-SAFE DEPOSIT AND TRUST COMPANY, DELAWARE STERLING BANK, a division of Bank of Lancaster County, NA, WILMINGTON SAVINGS FUND SOC

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