BUSINESS LEASEBusiness Lease • March 23rd, 2007 • VCG Holding Corp • Services-amusement & recreation services • Illinois
THIS LEASE (“Lease”), dated effective as of the 1st day of March, 2007, is by and between Regions Bank, as Trustee of Trust #39007440, an Illinois land trust and Omni Warehouse, Inc. a Illinois corporation (collectively, the “Landlord”) and IRC, L.P., a Illinois limited partnership (“Tenant”).
LIMITED PARTNERSHIP PURCHASE AGREEMENTLimited Partnership Purchase Agreement • March 23rd, 2007 • VCG Holding Corp • Services-amusement & recreation services • Colorado
THIS LIMITED PARTNERSHIP PURCHASE AGREEMENT is executed as of February 7, 2007, by and among Lowrie Management LLLP, a Colorado limited liability limited partnership(hereinafter referred to as “Lowrie”) and Illinois Acquisitions Inc., a Colorado corporation (hereinafter referred to as “Illinois”), VCG Holding Corp., a Colorado corporation (hereinafter referred to as “VCG”), and IRC, LP., an Illinois limited partnership doing business as “Penthouse St. Louis” (hereinafter referred to as the “Company”).
PROMISSORY NOTE AND SECURITY AGREEMENTNote and Security Agreement • March 23rd, 2007 • VCG Holding Corp • Services-amusement & recreation services • Colorado
FOR VALUE RECEIVED, the undersigned, VCG HOLDING CORP., a Colorado corporation (“VCG”) a Colorado corporation, hereby promises to pay to the order of LOWRIE MANAGEMENT LLLP, a Colorado Limited Liability Limited Partnership (“Lowrie”), at 390 Union Blvd, Suite 540, Lakewood, Colorado 80228, or at such other place as Lowrie or any subsequent holder hereof (the “Holder”) may, from time to time, designate in writing, the principal sum of FOUR MILLION TWO HUNDRED THOUSANDAND 00/100 DOLLARS ($4,200,000.00).
