Exhibit 10.3

 

September 29, 2011

 

Mr. Michael A. Ribero

 

Dear Mike:

 

The purpose of this letter is to memorialize our understanding regarding the
consulting services that you will provide to Tropicana Las Vegas, Inc. (“TLV”).

 

Services:

 

You will provide consulting services in connection with TLV’s marketing
initiatives.

 

 

 

Term:

 

September 1 to December 31, 2011

 

 

 

Consulting Fee:

 

$12,500 per month, plus performance bonuses at TLV’s discretion.

 

 

 

Business Expenses:

 

All reasonable business expenses incurred on behalf of TLV shall be reimbursed.

 

 

 

Location:

 

Palo Alto, CA, with trips to Las Vegas and other locations on an as needed
basis.

 

 

 

Title:

 

Strategic Advisor, Office of the Chairman

 

I am very much looking forward to working with you on these exciting marketing
initiatives.

 

Warmest regards,

 

 

Alex Yemenidjian

 

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