Live Racing Agreement Sample Contracts

AGREEMENT
Live Racing Agreement • August 9th, 2004 • Penn National Gaming Inc • Services-miscellaneous amusement & recreation

For good and valuable consideration, the LIVE RACING AGREEMENT (the “Agreement”) effective March 23, 1999 through January 1, 2004 by and among PENN NATIONAL TURF CLUB, INC., MOUNTAINVIEW THOROUGHBRED RACING ASSOCIATION, the PENNSLYVANIA HORSEMEN’S BENEVOLENT AND PROTECTIVE ASSOCIATION, INC. (“Horsemen”), and all of its terms and conditions are hereby extended by the mutual consent of all parties through 11:59 p.m. on 8/31/04. In the interim, the parties further agree to discuss in good faith the structure, quantity and repayment terms for a proposed advance of purse money to the Horsemen, as well as all other items pertaining to a new Live Racing Agreement.

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AGREEMENT
Live Racing Agreement • March 15th, 2004 • Penn National Gaming Inc • Services-miscellaneous amusement & recreation

For good and valuable consideration, the LIVE RACING AGREEMENT (the "Agreement") effective March 23, 1999 through January 1, 2004 by and among PENN NATIONAL TURF CLUB, INC., MOUNTAINVIEW THOROUGHBRED RACING ASSOCIATION, the PENNSYLVANIA HORSEMEN'S BENEVOLENT AND PROTECTIVE ASSOCIATION, INC. and all of its terms and conditions are hereby extended by the mutual consent of all parties through 11:59 pm on March 31, 2004.

AGREEMENT
Live Racing Agreement • May 10th, 2004 • Penn National Gaming Inc • Services-miscellaneous amusement & recreation

For good and valuable consideration, the LIVE RACING AGREEMENT (the “Agreement”) effective March 23, 1999 through January 1, 2004 by and among PENN NATIONAL TURF CLUB, INC., MOUNTAINVIEW THOROUGHBRED RACING ASSOCIATION, the PENNSYLVANIA HORSEMEN’S BENEVOLENT AND PROTECTIVE ASSOCIATION, INC., and all of its terms and conditions are hereby extended by the mutual consent of all parties through 11:59 p.m. on 5/31/04.

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