Membership Interest Redemption and Withdrawal Agreement Sample Contracts

MEMBERSHIP INTEREST REDEMPTION AND WITHDRAWAL AGREEMENT
Membership Interest Redemption and Withdrawal Agreement • December 22nd, 2017 • Mohegan Tribal Gaming Authority • Hotels & motels • Washington

This Membership Interest Redemption and Withdrawal Agreement (this “Agreement”), dated as of April 14, 2017 (the “Effective Date”), is entered into between Salishan Company, LLC, a Washington limited liability company (“Salishan”), Salishan-Mohegan, LLC, a Washington limited liability company (“Company”), solely for purposes of Sections 1.03 and 8.11: the Mohegan Tribal Gaming Authority (“MTGA”) and, solely for purposes of Section 1.01(a)(iv), (v) and (vi) and (c)(iv) and (v), and Section 8.11, David Barnett, an individual and, as applicable, as the sole manager of Salishan (“David Barnett”). The closing of the transactions contemplated by this Agreement (the “Closing”) shall take place simultaneously with the execution of this Agreement.

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