Exhibit 10.45

SECURITY AGREEMENT

(TRADEMARKS)

WHEREAS, OPBIZ, L.L.C., a Nevada limited liability company (herein referred to
as “Grantor”), has adopted, used and is using the trademarks listed on the
annexed Schedule 1 annexed hereto as part hereof, which trademarks are
registered in the United States Patent and Trademark Office (the “Trademarks”);

WHEREAS, Grantor is obligated to Column Financial, Inc., (referred to herein as
the “Grantee”) as defined in the Security Agreement dated as of November
[     ], 2006 (the “Security Agreement”) among Grantor, the other Pledgors named
therein and the Grantee for the payment and performance of the Secured
Obligations (as defined in the Security Agreement); and

WHEREAS, pursuant to the Security Agreement, Grantor has granted to Grantee a
security interest in, and mortgage on, all right, title and interest of Grantor
in and to the Trademarks, together with the goodwill of the business symbolized
by the Trademarks and the applications and registrations thereof, and all
proceeds thereof, including, without limitation, any and all causes of action
which exist by reason of infringement thereof (the “Collateral”), to secure the
payment, performance and observance of the Secured Obligations;

NOW, THEREFORE, for good and valuable consideration, receipt of which is hereby
acknowledged, Grantor does hereby further grant to Grantee a security interest
in, and mortgage on, the Collateral to secure the prompt payment, performance
and observance of the Secured Obligations.

Grantor does hereby further acknowledge and affirm that the rights and remedies
of Grantee with respect to the assignment of, security interest in and mortgage
on the Collateral made and granted hereby are more fully set forth in the
Security Agreement, the terms and provisions of which are hereby incorporated
herein by reference as if fully set forth herein.

Grantee’s address is 11 Madison Avenue, New York, New York 10010.

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IN WITNESS WHEREOF, Grantor has caused this Security Agreement to be duly
executed by its officer thereunto duly authorized as of the     day of November,
2006.

 

OPBIZ, L.L.C., a Nevada limited liability company

 

 

 

 

 

 

 

By:

 

 

 

 Name:

 

 

 Title:

 

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STATE OF

)

 

 

)  ss.

 

County of

)

 

 

This instrument was acknowledged before me on                              ,
200   , by                               , as
                                         of
                                        , a[n]
                                              limited liability company, on
behalf of such company.

(SEAL)

 

 

 

 

Notary Public

 

 

 

My commission will expire:

 

 

 

 

 

 

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SCHEDULE 1 TO SECURITY AGREEMENT

TRADEMARKS

Trademark

 

Application/Registration No.

 

Issue/Filing Date

Aladdin

 

Reg. # 1,781,854

 

July 13, 1993

Aladdin

 

Reg. # 1,779,369

 

June 29, 1993

Aladdin (stylized letters)

 

Reg. # 1,781,855

 

July 3, 1993

Aladdin (stylized letters)

 

Reg. # 2,636,409

 

October 15, 2002

Aladdin (stylized letters)

 

Reg. # 2,628,932

 

October 1, 2002

Aladdin and Design

 

Ser. # 75-936-971

 

March 6, 2000

Aladdin and Design

 

Reg. # 2,628,854

 

October 1, 2002

Aladdin and Design

 

Reg. # 2,632,473

 

October 8, 2002

Aladdin Las Vegas and Design

 

Reg. # 2,628,853

 

October 1, 2002

Club Aladdin

 

Reg. # 2,580,871

 

June 18, 2002

Curve

 

Reg. # 2,706,903

 

April 15, 2003

Curve Nightlife Evolved and Design

 

Reg. # 2,704,444

 

April 18, 2003

Ebony Horse Bar

 

Reg. # 2,678,663

 

January 21, 2003

Elements

 

Reg. # 2,515,362

 

December 4, 2001

No Risk Slots

 

Reg. # 2,761,456

 

September 9, 2003

Roc Bar

 

Reg. # 2,734,651

 

July 8, 2003

Sinbad’s Palace

 

Reg. # 2,549,131

 

March 19, 2002

Spice Market Buffet

 

Reg. # 2,699,487

 

March 25, 2003

 

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Tangiers

 

Ser. # 76-069,802

 

June 12, 2000

Towering Palms Bar & Grill

 

Reg. # 2,638,236

 

October 22, 2002

Tremezzo

 

Reg. # 2,514,613

 

December 4, 2001

Where Wishes Come True

 

Reg. # 2,491,106

 

September 18, 2001

Where Wishes Come True

 

Reg. # 2,764,504

 

September 16, 2003

The Sunset Strip Band

 

Ser.# 78-736,141

 

October 19, 2005

 

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