EMPLOYEE BONUS COMPENSATION RESTRICTION AGREEMENTBonus Compensation Restriction Agreement • April 27th, 2011 • Florida Gaming Corp • Services-miscellaneous amusement & recreation • New York
Florida Gaming Centers, Inc. (“Centers”) and William Bennett Collett, Jr. (“Collett”) have entered into that certain Employment Agreement dated as of April 25, 2011 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Employment Agreement”). Centers and Florida Gaming Corporation (“Holdings”) have received loans or extensions of credit, or have guaranteed loans or extensions of credit (together with all principal, interest, costs, fees, expenses and other amounts owing under or in connection therewith, including, without limitation, any interest accruing after maturity or after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding relating to Centers or Holdings, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding, or any debtor-in-possession financing offered by the below-defined Senior Agent or Lenders, the “Senior Debt”), pursuant to th
