Prepared by MERRILL CORPORATION




QuickLinks
 -- Click here to rapidly navigate through this document

 
 

EXHIBIT 10.25    
  


    "RCT" means the material omitted has been filed separately with the Securities and

Exchange Commission with an application requesting confidential treatment.


FIRST AMENDMENT TO CORRAL COIN LICENSE AGREEMENT  


    This FIRST AMENDMENT TO LICENSE AGREEMENT ("First Amendment") made as of this 27th day of March 2000, between RITE AID CORPORATION ("Licensor"), a
Delaware Corporation, and CORRAL COIN, INC. ("Licensee"), a Nevada corporation. 


W I T N E S S E T H:  


    WHEREAS, Licensor and Licensee entered into a License Agreement as of March 12, 1999 (the "License Agreement"); and 


    WHEREAS,
disputes have arisen between Licensor and Licensee; and 


    WHEREAS,
Licensor and Licensee wish to resolve all outstanding disputes and for that purpose seek to amend and modify the License Agreement upon the terms and provisions hereinafter
set forth. 


    NOW
THEREFORE, in consideration of the foregoing premises and the covenants and agreements hereinafter set forth, and for other good and valuable consideration the sufficiency of
which is hereby acknowledged, the parties hereto mutually covenant and agree that the License Agreement is modified and amended as follows: 


    1.  Effective Date.  The Effective Date of this First Amendment shall be the date upon which Licensee
receives approval from the Nevada Gaming Commission to remove the conditions on its presently issued licenses to operate Devices at the Licensed Locations which require a full-time change
attendant to be present on the premises of each such operation. Pending the Effective Date, the parties shall perform their respective obligations under the License Agreement as intended to be
modified by this First Amendment, to the extent permitted by law. From the date hereof to the Effective Date, Licensee shall pay monthly fees pursuant to the fee schedule set forth on the annexed
exhibit. In the event that
prior to the Effective Date, Licensee fails to pay such fees when due, otherwise fails to perform its obligations under the License Agreement as intended to be amended hereby, to the extent consistent
herewith, or in the event the Nevada Gaming Commission does not grant the necessary approvals within RCT of the date hereof, the parties shall be returned to their respective positions and status as
of February 29, 2000, including the revival of all claims by Licensee and Licensor, without prejudice by reason of the passage of time or the negotiation and execution of this First Amendment. 


    2.  Definitions.  All capitalized terms contained in this First Amendment, unless otherwise hereinafter
contained, shall have the same meaning as in the License Agreement. 


    3.  License.  The last sentence of Section 2 is deleted and replaced with the following: 



Licensee
may determine the number of machines to operate at each Location but shall operate a minimum of RCT Devices at each location. Subject to approval of the Nevada Gaming Commission, Licensee
shall not be required to have a full time adult change attendant at any Location having RCT or fewer Devices. 




    4.  Term.  The first sentence of Section 3 is deleted and replaced with the following: 



The
term of the License Agreement which began effective July 1, 1998 shall expire at midnight on the RCT. 




    5.  Fees.  Section 4 is modified by deleting Sections 4a, 4b, and 4c in their entirety including
the fee amounts and increases there scheduled, and substituting therefore the fee schedule annexed hereto as exhibit "Amendment-1." 






Section 4
is further modified by adding New Subsection 4(g) as follows: 


On
the date that monthly fees are next required to be paid after the Effective Date, Licensee shall RCT due for the then existing Licensed Locations for the next succeeding RCT period. 




    6.  Use and Operation.  Section 7 is hereby modified by adding the following after the last
sentence: 



With
respect to any Licensed Location, in which Licensee operates RCT or fewer Devices, Licensor's employees will provide appropriate adult supervision, (over age 21) as required by the Nevada
Gaming Commission and will make change for adults (persons over age 21) who wish to play the Devices. Licensee agrees to provide suitable training for Licensor's employees, and will remain
liable for any fine, penalty or other governmental sanction arising from any failure to supervise. 




    7.  Default.  Subsections 13(a) and 13(b) are hereby modified by adding "together with all costs and
attorneys' fees" to the last sentence of each Subsection. Subsection 13(c) is deleted in its entirety, and is replaced with the following: 



To
treat all amounts due and not paid by Licensee up to the date of such default as an indebtedness of Licensee immediately due and payable to Licensee and recover the same together with all costs and
reasonable attorney's fees incurred to collect such amount. 




    8.  Assignment.  Section 14 is modified by (i) deleting the first clause consisting of the
language "Licensee may not assign this Agreement without prior approval of Licensor" and (ii) substituting therefore the following: 



Upon
the written approval of Licensor, which shall not be unreasonably withheld, Licensee shall have the right to assign this License Agreement, as amended, to another unaffiliated route operator or
other third party. 




    9.  Successors and Assigns.  The covenants, agreements, terms and conditions contained in this First
Amendment shall bind and inure to the benefits of the parties hereto and their respective successors and their respective assigns. 


    10. This
First Amendment is integrated with the License Agreement and, upon the Effective Date, the License Agreement will be deemed to exist and will survive only as
modified by the First Amendment. Upon the Effective Date the parties shall prepare and execute a superceding global License Agreement incorporating the remaining relevant portions of the Agreement and
this First Amendment. 


    IN
WITNESS WHEREOF, the parties hereto have executed the Lease on the date heretofore set forth. 



	 	 	RITE AID CORPORATION
	

 	
 	

By:	
 	

/s/ David R. Jessick

	 	 	 	 	Name:	 	David R. Jessick
	 	 	 	 	Title:	 	Sr. Ex. V.P. Chief Admin. Officer
	

 	
 	

CORRAL COIN, INC.
	

 	
 	

By:	
 	

/s/ Bob Torkar

	 	 	 	 	Name:	 	Bob Torkar
	 	 	 	 	Title:	 	Secretary







FEE SCHEDULE

CORRAL COIN, INC.  



	 
	 	# Stores
	 	RCT Monthly Fee
	 	RCT Monthly Fee
	 	RCT Monthly Fee

	TPI stores—Clark County	 	7	 	RCT	 	RCT	 	RCT
	

Rite Aid #6109

2255 N. Green Valley Parkway

Henderson, NV 89014	
 	

 	
 	

 	
 	

 	
 	

 
	

Rite aid #6110

716 S. Boulder Highway

Henderson, NV 89015	
 	

 	
 	

 	
 	

 	
 	

 
	

Rite Aid #6111

3852 W. Sahara

Las Vegas, NV 89102	
 	

 	
 	

 	
 	

 	
 	

 
	

Rite Aid #6112

4230 S. Rainbow

Las Vegas, NV 89103	
 	

 	
 	

 	
 	

 	
 	

 
	

Rite Aid #6117

911. S. Rainbow

Las Vegas, NV 89128	
 	

 	
 	

 	
 	

 	
 	

 
	

Rite Aid #6118

4911 W. Craig Road

Las Vegas, NV 89130	
 	

 	
 	

 	
 	

 	
 	

 
	

Rite Aid #6119

8530 W. Lake Mead

Las Vegas, NV 89128	
 	

 	
 	

 	
 	

 	
 	

 











QuickLinks


EXHIBIT 10.25