RE: PROPOSAL FOR ALL FOOD & BEVERAGE OPERATIONS AT PROPOSED HILTON GARDEN INN HOTEL AND GRANADA THEATER IN THE DALLES (THE “HOTEL”)Food & Beverage Operations Agreement • October 23rd, 2014
The following are proposed terms of an agreement for certain food and beverage operations, including a ground floor restaurant (the “Restaurant”), conference space in the “Blue Building”, the Granada Theater Food & Beverage and hotel back of house operations for in room dining (“IRD”) at the proposed Hilton Garden Inn Hotel in The Dalles (collectively “the Operations”). The parties contemplate that the Operations would be supervised, directed and controlled by the Hotel service provider in collaboration with Venture Hospitality (“VH”), through a license agreement (the “Definitive Agreement”). This term sheet is not intended to be all-inclusive of the terms and conditions of the Definitive Agreement should the parties reach agreement on final terms and conditions.
