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EXHIBIT 10.14    
  

	Assessor's Parcel
No.:                                	 	When recorded mail to:
	 	 	 
	 	 	 
	 	 	Gary A. Kashar

Latham & Watkins

633 West Fifth Street

Suite 4000

Los Angeles, CA 90071

LEASEHOLD DEED OF TRUST, ASSIGNMENT OF LEASES AND RENTS,

SECURITY AGREEMENT AND FIXTURE FILING  

E-T-T, Inc., a Nevada corporation

Trustor  

National Title Co., a Nevada corporation

Trustee  

and  

The Bank of New York, a New York banking corporation

Beneficiary  

Dated August 24, 2001  

 
 LEASEHOLD DEED OF TRUST, ASSIGNMENT OF LEASES AND RENTS,

SECURITY AGREEMENT AND FIXTURE FILING  

    THIS LEASEHOLD DEED OF TRUST, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILING ("Deed of Trust"), is made as of August 24, 2001, by
E-T-T, Inc., a Nevada corporation, as trustor ("Trustor"), to National Title Co., a Nevada corporation, as trustee ("Trustee"), for the benefit of The Bank of New York,
a New York banking corporation, as trustee ("Beneficiary") acting on behalf of the holders of the Notes issued pursuant to that certain Indenture dated as of even date herewith (the "Indenture") among
Herbst Gaming, Inc., as issuer, Beneficiary, as trustee and each of the Guarantors (as defined in the Indenture). All capitalized terms used herein and not otherwise defined shall have the
meanings ascribed to them in the Indenture. 

W I T N E S S E T H:  

    Trustor hereby covenants and agrees as follows: 

ARTICLE I.

Grant of Security Interests  

    1.01  Property.  Trustor does hereby irrevocably grant, bargain, sell, pledge, assign, hypothecate,
convey, mortgage, transfer, warrant and set over unto Trustee IN TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary and the ratable benefit and security of the holders of the
Notes, all of Trustor's right, title and interest in and to all of the following property, whether now owned or existing or hereafter acquired or arising, (all of Trustor's right, title and interest
therein and thereto being collectively referred to herein as the "Property"): 

    (a) The
real property described in Exhibit A attached hereto and by this reference incorporated herein,
including, without limitation, (i) any easements and rights of ingress and egress appurtenant to the above described property, (ii) any street or road adjacent or contiguous to the above
described property, (iii) any strips, gores or pieces of land abutting, adjoining, adjacent to or contiguous to the above described property (owned or claimed by deed, limitation or otherwise),
and (iv) all air rights with respect thereto (collectively, the "Land"); 

    (b) Any
and all buildings and all other improvements now on or in, or hereafter constructed on or in, the Land (collectively, the "Improvements" and, together with the
Land, the "Real Property"); 

    (c) Any
and all lands, fixtures, structures, improvements, pipelines, tenements, hereditments, goods, inventory, equipment, machinery, appliances, construction or other
materials and supplies, personal property, tools, crops and other farm products, plants, trees, shrubs, vines, books, records and files, of whatever kind or description and wherever situated, now
owned by, or at any time hereafter acquired by or for, Trustor and contiguous or appurtenant to the Land, and all other things of whatsoever kind and in any way or at any time belonging or appurtenant
to, or used in connection with, any Property and all additions and/or accessions to, and all substitutions for, the foregoing; 

    (d) Any
and all Leases (as hereinafter defined) now held or hereafter acquired by Trustor, including, but not limited to, all of Trustor's right, title and interest in
and to that lease ("Ground Lease") described in Exhibit B attached hereto and incorporated herein by reference, and all, bonuses, rents,
revenues, security deposits, issues, royalties (including all oil, gas and mineral royalties), profits and other consideration arising from the Leases, in connection with or belonging or appertaining
to any of Trustor's property now or hereafter subject to the lien of this Deed of Trust; 

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    (e) Any and all additions, betterments and improvements hereafter acquired or constructed upon or in connection with any of Trustor's property, now or at any time
hereafter subject to the Lien of this Deed of Trust; 

    (f)  Any
and all rights, powers, easements, rights of way, interests in land, franchises, privileges, immunities, possessory or prescriptive rights, and, to the extent
assignable, permits, licenses (excluding Gaming Licenses), options, development rights, entitlements and authorizations now or hereafter owned or possessed by Trustor that now or at any time hereafter
may be necessary for, or appurtenant to, the use, operation, management, maintenance, renewal, alteration or improvement of any of the Property, including, without limitation, to any and all rights to
(i) utilities and fees or charges paid in connection therewith, (ii) reimbursements or other rights pertaining to utilities or utility services thereto, and (iii) the present or
future use or availability of waste water facilities, water, water and storm drainage or other utility facilities to the extent the same pertain to or benefit any of the Property,
including all reservations of or commitments covering any such use in the future, whether now owned or hereafter acquired; 

    (g) All
contract rights of whatever nature, whenever acquired, relating to the other Property described in this Section 1.01, including, without limitation,
architectural and engineering plans, specifications, drawings, tests, reports or studies, contracts for goods or services and management contracts, all warranties and guaranties under such contracts
and all rights under architect's contracts, construction contracts, completion bonds, performance bonds and payment bonds, all accounts, general intangibles, documents, instruments and chattel paper
arising from or in connection with such other Property, including all books and records in connection therewith, all rights, claims, suits or demands that Trustor now has or may hereafter acquire with
respect to any damage to the Property; 

    (h) All
oil and gas or other mineral rights in or pertaining to the Land and all royalty, leasehold and other rights of Trustor pertaining thereto, now owned or
hereafter acquired; 

    (i)  All
refundable utility, tenant, escrow and governmental fees and deposits, and all refundable fees and deposits of every other nature, now owned or hereafter
acquired, relating to the Property; 

    (j)  All
water and all water rights, including riparian and other water rights in or pertaining to the Land (whether or not appurtenant thereto), now owned or hereafter
acquired, including, without limitation, shares of stock evidencing the same and any rights under contracts for the purchase or supply of water, and all deposits made with or other security given to
utility companies by Trustor with respect to the Land or any buildings or other improvements thereon; 

    (k) All
shrubbery, trees, vines and other plants of every kind and nature and all crops of every type and nature, annual and perennial, whether growing or to be grown
at any time, all harvested crops wherever stored and any document of title or other document representing a storage obligation, including, but not limited to, warehouse receipts, negotiable or
nonnegotiable, which may be received for crops in which Trustor has any right, title or interest, wherever stored; 

    (l)  All
of the interest, right, title and other claim or demand, both in law and in equity, including claims or demands with respect to any insurance policies,
returned premiums or casualty awards, or the proceeds of any thereof, which Trustor now has or may hereafter acquire in or as a result of any of the Property, and any other proceeds from any sale or
disposition thereof which Trustor now has or may hereafter acquire and any and all awards made as a result of the taking by eminent domain, or by any proceeding or purchase in lieu thereof, of the
whole or any part of such Property, all of which awards, damages, premiums and payments are hereby assigned to Beneficiary and may be at any time collected by it subject to the terms and conditions
hereof; 

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    (m) All names under which any portion of the Property may be operated or known, including trademarks and trade names, and any goodwill associated with the Property; and 

    (n) With
respect to the Property, all of the right, title, interest and claim whatsoever, at law or in equity, to all other reversions, remainders, proceeds, rents,
revenues, issues, earnings, income, products and profits thereof. 

    TO
HAVE AND TO HOLD the Property unto Trustee, its successors and assigns in trust, forever, for the purpose of securing the indebtedness and obligations described in
Section 1.02 below. 

    1.02  Obligations and Indebtedness Secured.  This Deed of Trust is given for the purpose of securing
(a) payment of the indebtedness evidenced by Trustor's $170,000,000 principal amount of 103/4% Senior Secured Notes due 2008 (the "Notes") issued pursuant to the Indenture, and
any extension, modification or renewal thereof, (b) payment of such additional sums as may hereafter be advanced hereunder for the account of Trustor, with interest thereon, (c) the
prompt payment when due of all fees, expenses, and other amounts at any time payable by Trustor under the terms of the Loan Documents (as hereinafter defined), (d) performance of each and
every term, covenant and condition of the Indenture and each and every instrument or document to which Trustor is a party securing payment of the Notes or executed in connection with or pursuant to
the Indenture (such documents together with any modifications, renewals, extensions, or replacements thereof are collectively referred to as the "Loan Documents"), and (e) the payment and
performance when due of Trustor's obligations under any guaranty, including, without limit, any Guarantees, or indemnity issued by Trustor for the benefit of Beneficiary and the holders of the Notes
(collectively, the "Holders"). 

    1.03  Security Agreement; Fixture Filing.  This Deed of Trust shall, as to any rents, equipment,
furnishings and other personal property covered hereby (collectively, the "Personal Property") and constituting a portion of the Property, be deemed to constitute a security agreement, and Trustor
hereby grants to Beneficiary, as secured party, for the benefit of the Holders, a security interest therein pursuant to the Nevada Uniform Commercial Code. Trustor agrees, as necessary, to execute any
supplements to this Deed of Trust, any separate security agreement and any financing statements and continuation statements in order to include specifically any after acquired Personal Property or
otherwise to perfect the security interest granted hereby. Upon the occurrence of an Event of Default, Beneficiary shall have all of the rights and remedies therein provided or otherwise provided by
law or by this Deed of Trust or the other Loan Documents, including but not limited to the right but not the obligation to require Trustor to assemble the Personal Property and make it available to
Beneficiary at a place to be designated by Beneficiary which is reasonably convenient to both parties, and subject to applicable Gaming Laws, the right to take possession of such Personal Property
with or without demand and with or without process of law and the right to sell and dispose of the same and distribute the proceeds according to law. The parties hereto agree that any requirement of
reasonable notice shall be met if Beneficiary sends such notice to Trustor at least ten days prior to the date of sale, disposition or other event giving rise to the required notice, and that the
proceeds of any disposition of any such Personal
Property may be applied by Beneficiary first to the expenses in connection therewith, including reasonable attorneys' fees and other legal expenses incurred, and then to payment of the other
Obligations. The parties hereto further agree that any sale of the Personal Property held contemporaneously with any sale of the Land or other Property and upon the same notice as required in the
Nevada Uniform Commercial Code shall be deemed to be a public sale conducted in a commercially reasonable manner. With respect to the Personal Property that has become so attached to the real property
covered hereby that an interest therein arises under the real property law of the State of Nevada, this Deed of Trust shall also constitute a financing statement and a fixture filing under NRS
§ 104.9502. 

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ARTICLE II.

Warranties and Covenants of Trustor  

    2.01  Performance of Loan Documents.  Trustor covenants and agrees to comply with each and every
provision hereof, and with each and every provision of the Loan Documents, and shall promptly pay when due the indebtedness evidenced by the Notes and guaranteed by the Trustor and all other sums
required to be paid by the Trustor under this Deed of Trust and the Loan Documents. 

    2.02  General Representations, Covenants and Warranties.  Trustor represents and warrants that: 

    (a) To
Trustor's knowledge, the landlord, as identified in Exhibit B, (together with its
successors, "Landlord"), has full, complete and marketable fee simple title to the land described on Exhibit A; 

    (b) Trustor
has a valid and subsisting interest as lessee under the Ground Lease, the Ground Lease is in full force and effect, there are no defaults thereunder and no
event has occurred or is occurring which after notice or passage of time or both will result in such a default, and the Ground Lease is free and clear of all liens, charges and encumbrances, except
for the lien of this Deed of Trust, and only those liens expressly set forth on Schedule 1 attached hereto; 

    (c) True
and correct copies of the Ground Lease have been delivered by Trustor to Beneficiary and there are no modifications, amendments, cancellations or concessions
not indicated by the copies so delivered; 

    (d) This
Deed of Trust is and will remain a valid and enforceable first priority lien on the lessee's interest in the Lease and all other interests in the Property
encumbered hereby; 

    (e) All
information and financial statements furnished or to be furnished Beneficiary by or on behalf of Trustor in connection herewith or the Notes or any other
instrument or obligation secured hereby are true and correct and not misleading; 

    (f)  Trustor
has not performed any act and is not bound by any instrument which would prevent Beneficiary from enforcing this Deed of Trust; 

    (g) Trustor
has all requisite power and authority and all licenses, permits and authorizations necessary to own and operate its properties and businesses as currently
operated and conducted or proposed to be; 

    (h) The
Notes, Deed of Trust and all other instruments securing the Notes, and all other Loan Documents are valid and binding obligations of the parties thereto,
enforceable in accordance with their terms; 

    (i)  Trustor
has not received any notice, nor is it aware after a reasonable, prudent and diligent inquiry, that it is in non-compliance with any
requirements of the Employee Retirement Income Security Act of 1974, as amended ("ERISA") and the regulations thereunder and there exist no "reportable events," as that term is defined in
Section 4043 of ERISA, with respect to Trustor; 

    (j)  None
of the transactions in connection with which this Deed of Trust is given will violate or result in a violation of Section 7 of the Securities Exchange
Act of 1934, as amended, or any regulations issued pursuant thereto, including, without limitation, Regulations T, U and X of the Board of Governors of the Federal Reserve System; 

    (k) The
Property has utilities available to it sufficient to serve the current and anticipated use of the Property, and such utilities are located through private
rights-of-way or properly dedicated public roads; 

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    (l)  The Land is accessible by way of abutting public streets or to public streets over properly granted or dedicated private rights-of-way; and 

    (m) Trustor
is not a foreign corporation, foreign partnership, foreign trust, or foreign estate (as those terms are defined in the Internal Revenue Code of 1986, as
amended, or the regulations thereunder); Trustor's United States employer identification number is 88-0314675 and Trustor's office address is 3440 West Russell Road, Las Vegas, Nevada
89118. Trustor understands that the certification in this clause (m) may be disclosed to the Internal Revenue Service by Beneficiary and that any false statement contained herein could be
punished by fine, imprisonment, or both. The person or persons executing this Deed of Trust each declares under penalties of perjury that he had examined this certification and to the best of his
knowledge and belief it is true, correct and complete, and further declares that he has authority to sign this certification on behalf of Trustor. 

    2.03  Representations and Warranties with Respect to the Leases.  Trustor represents and warrants with
respect to all Leases, whether entered into now or hereafter, that throughout the stated term thereof: 

    (a) It
has a valid and subsisting interest as lessor under said Leases; 

    (b) The
Leases are in full force and effect; 

    (c) There
are no defaults thereunder and no event has occurred or is occurring which after notice or passage of time or both will result in such a default; 

    (d) The
Leases and the rents, issues and profits thereof are subject to no encumbrances of any kind except for this Deed of Trust; and 

    (e) True
and correct copies of said Leases have been, or upon execution will be, delivered by Trustor to Beneficiary and there are no modifications, amendments,
cancellations or concessions not indicated by the copies so delivered. 

    2.04  Representations and Warranties with Respect to the Ground Lease.  

    2.04.1  Trustor
will pay or cause to be paid, as the case may be, payments and charges required to be paid by Trustor under or pursuant to the provisions of the Ground
Lease. Trustor shall deliver to Beneficiary reasonable evidence of payment of such rents and impositions and other payments and charges. 

    2.04.2.  Trustor
will diligently perform and observe all of the terms, covenants and conditions of the Ground Lease required to be performed and observed by Trustor to
the end that all things shall be done which are necessary to keep unimpaired Trustor's rights under the Ground Lease. 

    2.04.3.  Trustor
will promptly advise Beneficiary in writing of the giving of any notice by Landlord of any default by Trustor in the performance or observance of any
of the terms, covenants or conditions of the Ground Lease on the part of Trustor to be performed or observed and Trustor will deliver to Beneficiary a true copy of each such notice. 

    2.04.4.  Trustor
shall execute and deliver, on request of Beneficiary, such instruments as Beneficiary may deem useful or required to permit Beneficiary to cure any
default under the Ground Lease or permit Beneficiary to take such other actions as Beneficiary considers desirable to cure or remedy the matter in default and preserve the interest of Beneficiary in
the Ground Lease, the leasehold created thereby and the Property. 

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    2.04.5.  Trustor
will promptly notify Beneficiary in writing of any default by Landlord in the performance or observance of any of the terms, covenants or conditions on
the part of Landlord to be performed or observed. 

    2.04.6.  Trustor
will, promptly upon request by Beneficiary, give its unqualified consent in writing to any and all modifications of the Ground Lease which Landlord
agrees to make at the request of Beneficiary for the purpose of improving, maintaining or preserving Beneficiary's security in the Ground Lease or the Property. 

    2.04.7.  Trustor
will not release, surrender, modify or terminate the Ground Lease without the prior written consent of Beneficiary except to the extent permissible
under the terms of the Indenture. 

    2.04.8.  Without
the written consent of Beneficiary, which consent shall not be reasonably withheld, the estate created by the Ground Lease shall not merge with any
other estate in the Property, but any interest in the Property hereinafter acquired by Trustor shall also be encumbered hereby. 

    2.04.9.  Notwithstanding
anything to the contrary herein contained with respect to the Ground Lease: 

    (a) The
lien of this Deed of Trust attaches to all of Trustor's rights and remedies at any time arising under or pursuant to Subsection 365(h) of Title 11 of the United
States code entitled "Bankruptcy," as now or hereafter in effect (together with any successor statute, the "Bankruptcy Code"), including, without limitation, all of Trustor's rights to remain in
possession of the Real Property. 

    (b) Trustor
shall not, without Beneficiary's written consent, elect to treat the Ground Lease as terminated under Subsection 365(h)(1) of the Bankruptcy Code. Any such
election made without Beneficiary's prior written consent shall be void. If Landlord rejects the Ground Lease under Section 365 of the Bankruptcy Code, Trustor shall remain in possession of the
Property. Neither the lien of this Deed of Trust nor Beneficiary's rights with respect to the Ground Lease shall be affected or impaired by Landlord's rejection of the Ground Lease under
Section 365 of the Bankruptcy Code. 

    (c) As
further security for the obligations secured hereby, Trustor hereby unconditionally assigns, transfers and sets over to Beneficiary all of Trustor's claims and
rights to the payment of damages arising from any rejection by Landlord of the Ground Lease under the Bankruptcy Code. Beneficiary
shall have the right, but not the obligation, to proceed in its own name or in the name of Trustor in respect of any claim, suit, action or proceeding relating to the rejection of the Ground Lease,
including, without limitation, the right to file and prosecute any proofs of claim, complaints, motions, applications, notices and other documents in any case in respect of Landlord under the
Bankruptcy Code. This assignment constitutes a present, irrevocable and unconditional assignment of the foregoing claims, rights and remedies, and shall continue in effect until this Deed of Trust has
been released of record or all of the obligations secured by this Deed of Trust shall have been satisfied and discharged in full. Any amounts received by Beneficiary or Trustor as damages arising out
of the rejection of the Ground Lease as aforesaid shall be applied first to all reasonable costs and expenses of Beneficiary and Trustee (including, without limitation, attorneys' fees and costs)
incurred in connection with the exercise of any of its rights or remedies under this Section 2.04.9 and then in accordance with the other applicable provisions of this Deed of Trust and the
Indenture. 

    (d) If,
pursuant to any applicable section of the Bankruptcy Code, Trustor seeks to offset, counterclaim, deduct, and/or assert a defense against the rent or other sums
due under the Ground Lease, the amount of any damages caused by the non-observance and/or 

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non-performance of Landlord under the Ground Lease, Trustor shall, prior to such offset, counterclaim, defense and/or deduction notify Beneficiary of its intent to do so, setting forth
with specificity the amounts proposed to be offset, counterclaimed, deducted, and/or defended against and for what purposes. Beneficiary shall thereupon have the right, but not the obligation, to
object to all or any part of such offset, counterclaim, deduction and/or defense and, in the event of such objection, Trustor shall not effect any such offset, counterclaim and/or deduction. Neither
Beneficiary's failure to object to any such offset, counterclaim, deduction and/or defense nor any objection or other communication between Beneficiary and Trustor shall constitute an approval of any
such offset, counterclaim, deduction and/or defense by Beneficiary. Trustor expressly agrees to pay, protect, indemnify and save harmless Beneficiary from and against any and all claims, demands,
actions, suit, proceedings, damages, losses, liabilities, judgments, costs and expenses of every kind and nature (including reasonable attorneys' fees) arising from or relating to any offset,
counterclaim, deduction and/or assertion of a defense by Trustor as herein described. 

    (e) If
any action, proceeding, motion and/or notice shall be commenced or filed with respect to Landlord or the Property, or any part thereof, in connection with the
Bankruptcy Code, Beneficiary shall have the right, but not the obligation, to the exclusion of Trustor, exercisable upon five (5) days prior written notice, to conduct and control any
litigation with counsel of Beneficiary's choice. Beneficiary may proceed in its own name or in the name of Trustor in connection with any such litigation, and Trustor expressly agrees to execute and
deliver all and every power, consent, authorization and other documents required by Beneficiary in connection therewith. Trustor shall pay to Beneficiary on demand any and all costs and expenses
(including reasonable attorneys' fees) paid or incurred and payable by Beneficiary in connection with such proceedings and the costs and expenses shall be secured by the lien of this Deed of Trust.
Trustor also agrees not to commence any action, suit, proceeding and/or case or file any application or make any motion in respect of the Ground Lease in the event of Landlord's bankruptcy without the
prior written consent of Beneficiary, which consent shall not be unreasonably withheld. 

    (f)  Trustor
shall promptly after obtaining knowledge thereof notify Beneficiary orally of any filing by or against Landlord of a petition under the Bankruptcy Code.
Trustor shall thereafter promptly give written notice of such filing to Beneficiary, setting forth any information available to Trustor as to the date of such filing, the court in which such petition
was filed, and the relief sought therein. Trustor shall promptly deliver to Beneficiary, following its receipt thereof, copies of any and all notices, summonses, pleadings, applications and other
documents received by Trustor in connection with any such petition and any proceedings relating thereto. 

    (g) If
there shall be filed by or against Trustor a petition under the Bankruptcy Code and Trustor, as lessee under the Ground Lease, shall determine to reject the
Ground Lease, Trustor shall give Beneficiary not less than ten (10) days prior notice of the date on which Trustor shall apply to the bankruptcy court or other judicial body with appropriate
jurisdiction or authority to reject the Ground Lease. Beneficiary shall have the right, but not the obligation, to serve upon Trustor within such ten (10) day period a notice stating that
(i) Beneficiary demands that Trustor assume and assign the Ground Lease to Beneficiary pursuant to Section 365 of the Bankruptcy Code and (ii) Beneficiary covenants to cure or
provide adequate assurance of prompt cure of all defaults and provide adequate assurance of future performance under the Ground Lease. If Beneficiary serves upon Trustor the notice described in the
preceding sentence, Trustor shall not seek to reject the Ground Lease and shall comply with the demand provided for in clause (i) of the preceding sentence within thirty (30) days after
the notice shall have been given, subject to the performance by Beneficiary of 

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the covenant provided for in clause (ii) of the preceding sentence. Effective upon the entry of an order for relief in respect of Trustor under Chapter 7 of the Bankruptcy Code Trustor hereby
assigns and transfers to Beneficiary a non-exclusive right to apply to the bankruptcy court or other judicial body with appropriate jurisdiction for an order extending the period during
which the Ground Lease may be rejected or assumed. 

    (h) All
references herein to sections of the Bankruptcy Code shall also constitute references to successors to such sections and similar provisions of any law. 

    2.04.10.  Trustor
shall enforce with due diligence all of the obligations of Landlord under the Ground Lease, to the end that Trustor may enjoy all of the rights and
privileges granted to it under the Ground Lease. 

    2.04.11.  Nothing
contained in this Section 2.04 or elsewhere in this Deed of Trust, and no exercise of any rights or remedies by Beneficiary, shall constitute,
or shall be deemed in any manner or at any time to constitute, an assumption by Beneficiary of any of the lessee's obligations under the Ground Lease. 

    2.04.12.  Trustor
will, within ten (10) days after reasonable demand from Beneficiary, request from Landlord and deliver to Beneficiary, to the extent provided
by Landlord, a certificate that the Ground Lease is unmodified and in full force and effect and the date to which the rentals and other charges payable thereunder have been paid and stating whether to
Landlord's knowledge Trustor is in default in the performance of any covenants, agreements or conditions contained in the Ground Lease and, if so, specifying each such default. 

    2.05  Improvements, Compliance with Laws and Waste.  Trustor shall complete in a good and workmanlike
manner any building or other improvements which may be constructed on the Property and pay when due all claims for labor performed and materials furnished therefor. Trustor shall comply with all laws,
rules, ordinances, regulations, covenants, conditions, restrictions, easements and agreements pertaining to the Property or Trustor's use thereof. Trustor shall not commit or permit any waste thereon,
not abandon the Property and not commit, suffer or permit any act to be done in or upon the Property in violation of law. 

    2.06  Governmental Requirements.  Trustor shall not by act or omission permit any lands or improvements
not subject to the lien of this Deed of Trust to include the Property or any part thereof in fulfillment of any governmental requirement. Similarly, no lands or other improvements not subject to the
lien of this Deed of Trust shall be included with the Property in fulfillment of any governmental requirement. Trustor shall not by act or omission impair the integrity of the Property as a single
zoning lot separate and apart from all other premises. 

    2.07  Use of Property.  Unless required by applicable law, Trustor shall use and operate the Property in
a manner consistent with the use existing at the time this Deed of Trust was executed. Trustor shall not initiate or acquiesce in any change in any zoning or other land use classification now or
hereafter in effect and affecting the Property or any part thereof nor shall Trustor otherwise change or attempt to change the use of the Property or any portion thereof without in each case obtaining
Beneficiary's prior written consent thereto. 

    2.08  Maintenance of Property.  Trustor will keep and maintain or cause to be kept and maintained the
Property in good order, condition and repair. 

    2.09  Repair and Removal of Property.  Except as otherwise expressly permitted by the Indenture, no
building, structure, fixture or other improvement shall be erected, removed, demolished, or materially changed or altered without the prior written consent of Beneficiary, which consent shall not be
unreasonably withheld. Except as expressly permitted by the Indenture, Trustor will not remove or permit the removal of the Personal Property or any part thereof (including renewals, replacements and 

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other after-acquired property) from the Real Property without the prior written permission of Beneficiary, which permission shall not be unreasonably withheld, provided that obsolete and worn out
articles may be removed concurrently with the replacement or renewal thereof with property of at least substantially equal value and of substantially equal usefulness in the operation of the Property.
Trustor will promptly notify Beneficiary of any fire or other casualty causing damage to the Property. Trustor will promptly and in good and workmanlike manner repair and restore any improvement which
may be damaged or destroyed. Trustor will promptly replace any lost, stolen, damaged or destroyed Personal Property. 

    2.10  Costs, Fees and Expenses.  Trustor agrees to pay and discharge all costs, fees and expenses in
connection with this Deed of Trust, including, but not limited to, Beneficiary's and Trustee's costs and expenses, including attorneys' fees, in any litigation with respect hereto, in connection
herewith, any transactions related hereto, the Property or any interest therein and the cost of evidence of title and trustee's fees in connection with sale, whether completed or not, which amounts
shall become due upon demand by either Beneficiary or Trustee. 

    2.11  Insurance.  So long as the lien of this Deed of Trust shall remain in effect and the Obligations
shall remain outstanding, Trustor agrees to maintain policies of insurance protecting the property as required by the Indenture. 

    2.12  Condemnation.  Trustor immediately upon obtaining knowledge of the institution of any proceedings
for the condemnation or other taking of the Property, any part thereof, or any interest therein, will notify Beneficiary of the pendency of such proceedings and Trustor shall appear in and prosecute
any such action or proceeding. Beneficiary may, but shall not be required to, participate in any such proceedings and Trustor from time to time will deliver to Beneficiary all instruments requested by
it to permit such participation. Trustor shall pay all of Beneficiary's costs and expenses, including, but not limited to, attorneys' fees, incurred in any such proceedings. For the purposes hereof,
any proceeding to acquire any interest in or affecting the value of the Property, or seeking damages therefor, including, but not limited to, severance or change of grade, whether by court action or
purchase in lieu thereof, shall be deemed a proceeding for condemnation and any award for inverse condemnation shall be deemed condemnation proceeds. 

    2.13  Condemnation Proceeds.  If all or any part of the Property shall be damaged, diminished in value or
taken through condemnation or eminent domain proceedings, or if a consent settlement is entered or a transfer is made under threat of such proceedings, either temporarily or permanently, then any and
all compensation, awards and other payments or relief therefor to which Trustor is entitled shall be deemed part of the Property and subject to the Lien of this Deed of Trust and all such proceeds
shall be paid to the Trustor and distributed in accordance with the Indenture. 

    2.14  Taxes and Other Obligations.  Trustor shall pay when due, before delinquency, all taxes,
assessments, levies, utility fees and all other fees and charges of every kind and nature, whether of a like or different nature, imposed upon or assessed against or which may become a lien on the
Property, or any part thereof, or arising from, by reason of or in connection therewith, the use thereof or this Deed of Trust. In addition, Trustor shall file all required tax forms with the
appropriate governmental authorities on or
before the day they become due. Trustor will, within 15 days after the due date therefor, deliver to Beneficiary receipts evidencing payment of taxes, assessments, levies, fees and charges as
required in this Section 2.14. 

9

 
    2.15  Reserves for Taxes and Insurance Premiums.  At any time after the occurrence of an Event of Default
and if required by Beneficiary, Trustor shall pay Beneficiary or such depository as Beneficiary may designate on a monthly basis, in addition to the installments payable under the Notes, on the same
date as such installments are due and payable, a sum equal to one-twelfth (1/12) of annual taxes, assessments, levies, fees, charges and insurance premiums required to be
paid by Trustor hereunder. If the amount so paid is not sufficient to pay such taxes, assessments, levies, fees, charges and premiums when due, then Trustor will immediately pay Beneficiary or such
depository, as the case may be, on demand, amounts sufficient to pay the same. Sums deposited by Trustor pursuant hereto may be used to pay such taxes, assessments, levies, fees, charges and insurance
premiums when due provided that Trustor has furnished Beneficiary with all tax statements, premium notices and other such notices at least 30 days prior to the date that any such taxes,
assessments, levies, fees, charges or premiums may be due; provided, however, that Beneficiary may elect to apply the funds deposited with it or such depository in such manner as Beneficiary may deem
desirable, in its sole and absolute discretion. Nothing herein shall impose on Beneficiary or such depository the obligation to pay any amount on account of taxes, assessments, levies, fees, charges
or premiums in excess of the amount then deposited with Beneficiary or such depository pursuant hereto. Beneficiary and any depository may commingle funds deposited hereunder with their general funds
and no interest shall accrue or be allowed on any payments made pursuant to this section. Payments or deposits pursuant to this section, if made, shall not be deemed to be a waiver or release of any
other right or remedy available hereunder to Beneficiary in an Event of Default. Transfer of title to the Property shall automatically transfer the interest of the then Trustor in any deposits made
pursuant to this section. 

    2.16  Notice of Actions.  If any action or proceeding shall be instituted for any purpose affecting the
Ground Lease, the leasehold created thereby, the Property, any part thereof, any interest therein, title thereto or this Deed of Trust, or should Trustor receive any notice from any governmental
agency relating to the structure, use or occupancy of the Property, Trustor will immediately upon service thereof on or by Trustor, deliver to Beneficiary true copies of each notice, petition,
summons, complaint, notice of motion, order to show cause, and all other process, pleadings and papers, however designated, served in any action or proceeding. Immediately upon becoming aware of any
development or other information which may materially and adversely affect the property, business, prospects, profits or condition (financial or otherwise) of Trustor or the Property or the ability of
Trustor to perform the obligations secured hereby, Trustor shall notify Beneficiary of the nature of such development or information and such anticipated effect. Without limiting the generality of the
foregoing, Trustor shall promptly notify Beneficiary of any substantial change in the occupancy rate of the Real Property. 

    2.17  Defense of Actions.  Trustor promises and agrees that if during the existence of this Deed of Trust
there be commenced or pending any suit, action, arbitration, or other proceeding affecting the Ground Lease, the leasehold created thereby or the Property, any part thereof, or in relation thereto,
the title thereto or this Deed of Trust, or if any adverse claim for or against any of the foregoing, or any part thereof, be made or asserted, it will appear in and defend any such matter and will
pay all costs and damages arising because of such proceeding. Beneficiary may elect to appear in any such proceeding. Subject to any applicable Gaming Law, Beneficiary shall have the option to control
such action or defense, whether or not Beneficiary elects to appear. If Beneficiary elects to appear in any such action
or proceeding, Beneficiary shall have the right to retain counsel of its choice. Trustor shall be solely responsible for any and all expenses and costs, including, but not limited to, the fees of
counsel retained by Beneficiary, which are incurred pursuant to this section. If Beneficiary elects to appear in or control any action or proceeding, Trustor agrees to indemnify Beneficiary against,
release Beneficiary from, and hold Beneficiary harmless from any damages, liability, costs, expenses, litigation, or claims incurred in or in connection with such action or appearance or in the
exercise of such control, except as a result of Beneficiary's gross negligence or willful misconduct. 

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    2.18  Liens.  Trustor will not permit or suffer the filing of any mechanics', materialmen's, or other
liens against the Property, any part thereof, any interest therein, or the revenue, rents, issues, income and profits arising therefrom. If any lien shall be filed against the Property, any part
thereof, or any interest therein, Trustor agrees to discharge the same of record within 10 days after the same shall have been filed. 

    2.19  Prescriptive Easements and Adverse Possession.  Trustor shall take any and all such action as may
be necessary to prevent any third parties from acquiring any prescriptive easement upon, over, or across any part of the Property, or from acquiring any rights whatsoever to or against the Property by
virtue of adverse possession. 

    2.20  Transfers of the Property.  Any sale, agreement to sell, transfer, assignment, mortgage, pledge,
hypothecation or encumbrance, including, but not limited to, the granting of any option to do any of the foregoing, whether voluntary or involuntary, by agreement, operation of law or otherwise, of
the whole or any portion of Trustor's right, title or interest in and to the Property or any portion thereof shall be in accordance with the terms of the Indenture. 

    2.21  Lease or License of the Property.  Any lease or license for the use of the Property, or any part
thereof, shall be in accordance with the terms of the Indenture. 

    2.22  Employee Benefit Plans.  Immediately upon becoming aware of the occurrence of any
(i) "reportable event," as such term is defined in Section 4043 of ERISA, or (ii) "prohibited transaction," as such term is defined in Section 4975 of the Internal Revenue
Code of 1986, as amended, in connection with any pension plan or any trust created thereunder, a written notice specifying the nature thereof, what action Trustor is taking or proposes to take with
respect thereto, and, when known, any action taken or proposed to be taken by the Internal Revenue Service and/or the Department of Labor with respect thereto shall be delivered to Beneficiary.
Trustor will not at any time permit any pension plan maintained by it or to which Trustor is a contributing employer to (a) engage in any "prohibited transaction," as such term is defined in
Section 4975 of the Internal Revenue Code of 1986, as amended; (b) incur any "accumulated funding deficiency," as such term is defined in Section 302 of ERISA, whether or not
waived; or (c) terminate any such pension plan in a manner which could result
in the imposition of a lien on the Property pursuant to Section 4068 of ERISA. Trustor shall not take any action which will cause or effect any withdrawal, complete or partial, or any resulting
withdrawal liability, with respect to any such plan. Trustor shall promptly pay all contributions to any employee benefit plan to which it is required to pay. 

    2.23  Performance of the Leases.  Trustor will diligently perform and observe all of the terms, covenants
and conditions of the Leases to be performed and observed by Trustor to the end that all things shall be done which are necessary to keep unimpaired Trustor's rights under the Leases. Trustor will
promptly advise Beneficiary in writing of the giving of any notice by the lessee under any Lease of any default by Trustor in the performance or observance of any of the terms, covenants or conditions
thereof on the part of Trustor to be performed or observed and Trustor will deliver to Beneficiary a true copy of each such notice. Trustor shall enforce, short of termination thereof, the performance
of each and every term, covenant and condition of each such Lease to be performed by the lessee thereunder. Trustor shall execute and deliver such instruments as may be useful or required to permit
Beneficiary to cure any default under the Leases or permit Beneficiary to take such other actions to cure or remedy the matter in default and preserve the interest of Beneficiary in the Leases and the
Property. Trustor will promptly notify Beneficiary in writing of any default by the lessee under any Lease in the performance or observance of any of the terms, covenants or conditions on the part of
said lessee to be performed or observed. Trustor shall not collect any of the rent, income and profits arising or accruing under the Leases more than one month in advance, and in no event prior to the
time when the same become due under the terms thereof. Trustor will not discount any future accruing rents. Trustor shall not execute any other assignments of the Leases or any interest therein or any
of 

11

 

the rents thereunder. Any other provision hereof to the contrary notwithstanding, no lien or other encumbrance may be prior to any Lease (other than the Liens pursuant to the Indenture) if the result
of such priority might be to allow such Lease to be terminated without the consent of Beneficiary. 

    2.24  Subordination of Leases.  Trustor acknowledges and agrees that said Leases are and shall be
subordinate hereto and that upon any sale or deed in lieu of sale hereunder such lessees shall attorn to the purchaser or grantee, as the case may be, and recognize the same as lessor under said
Leases as fully as if such purchaser or grantee had been named as lessor under such Leases, but without any claim or offset against such purchaser or grantee for any liability of any previous lessor.
Such lessees shall from time to time during the term hereof, within ten days after demand therefor by Beneficiary, execute and deliver to Beneficiary, or any party designated by Beneficiary, a
certificate in recordable form certifying that attached thereto is a true and correct copy of such lessee's Lease, the term of said lease, the date to which all rentals and other charges have been
paid, the amount of any security deposit, that no rent has been prepaid or discounted, that such Lease is in full force and effect, and that no defaults have occurred thereunder (or specifying the
nature of such defaults). 

    2.25  Books and Records.  Trustor shall keep and maintain at an office in Las Vegas, Nevada, complete,
accurate and customary records and books of account with respect to all of Trustor's business transactions with respect to the Property and shall retain the same intact throughout the term hereof.
Beneficiary or its representatives shall be entitled at all reasonable times to inspect and make copies
and extracts of all such records and books of account, which right of inspection, copying and extracting shall include the right to remove said records and books of account from Trustor's places of
business for reasonable periods of time. 

    2.26  Estoppel Certificate.  Trustor agrees at any time and from time to time during the term hereof and
within ten days after demand therefor from Beneficiary, to execute and deliver to Beneficiary, or any party designated by Beneficiary, a certificate in recordable form certifying the amount then due
pursuant to this Deed of Trust and the obligations secured hereby, the terms of payment thereof, the dates to which payments have been paid, that this Deed of Trust and all instruments and obligations
secured hereby are in full force and effect and that there are no defenses or offsets thereto, or specifying in what regards this Deed of Trust or such obligations are not in full force and effect and
the nature of any defense or offsets thereto, together with such other information as Beneficiary may request. 

    2.27  Conditional Sale Agreements.  Trustor shall pay promptly all installments due others upon leases,
conditional sale agreements and/or security agreements relating to fixtures, furnishings and equipment now or hereafter constituting a portion of the Property. 

    2.28  Security Agreement and Financing Statements.  Trustor shall execute, acknowledge and deliver to
Beneficiary, and, if applicable, cause to be recorded or filed at Trustor's cost and expense, any and all such mortgages, assignments, transfers, assurances, financing statements and other instruments
and documents and do such acts necessary for the better perfecting, assuring, conveying, assigning, transferring and confirming unto Beneficiary the property and rights herein conveyed or assigned or
intended now or hereafter so to be. Unless prohibited by law, Trustor hereby authorizes Beneficiary to execute and file any such financing statements or continuation statements as provided to it on
Trustor's behalf and/or without Trustor's signature. Trustor shall not change its name, identity or corporate structure without notifying Beneficiary at least 60 days in advance. 

    2.29  Indemnification.  Trustor will protect, indemnify, save harmless and defend Beneficiary, Trustee
and the Holders from and against any and all liability, loss, costs, charges, penalties, obligations, expenses, attorneys' fees, litigation, judgments, damages, claims and demands imposed upon or
incurred by or asserted against Beneficiary, the Holders and/or Trustee by reason of (a) ownership by Trustee or Beneficiary of its interest in the Property pursuant to this Deed of Trust,
(b) any accident or injury to or death of persons or loss of or damage to or loss of the use of property occurring on or 

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about the Property or any part thereof or the adjoining sidewalks, curbs, vaults and vault spaces, if any, streets, alleys or ways, (c) any use, non-use or condition of the Property
or any part thereof or of the adjoining sidewalks, curbs, vaults and vault spaces, if any, streets, alleys or ways, (d) any failure on the part of Trustor to perform or comply with any of the
terms of this Deed of Trust or any instrument or agreement secured hereby, (e) performance of any labor or services or the furnishing of any materials or other property in respect of the
Property or any part thereof made or suffered to be made by or on
behalf of Trustor, (f) any negligence or tortious act on the part of Trustor or any of its respective agents, contractors, lessees, licensees or invitees, or (g) any work in connection
with any alterations, changes, new construction or demolition of the Property, whether or not permitted hereunder. All amounts payable to Beneficiary, Trustee or the Holders, as the case may be, under
this Section 2.29 shall be payable on demand and shall be deemed indebtedness secured by this Deed of Trust. 

    2.30  Subordination.  All obligations of Trustor to any of its affiliates, including, but not limited to,
any of its shareholders, partners or members are hereby subordinated to the obligations secured by this Deed of Trust and such obligations may be paid unless prohibited by the Indenture or upon the
occurrence of a Default or an Event of Default (as defined herein). 

ARTICLE III.

Assignment of Leases and Rents  

    3.01  Assignment of Leases and Rents.  As additional security for the obligations secured by this Deed of
Trust pursuant to Section 1.02, Trustor hereby absolutely and unconditionally assigns and transfers to Beneficiary, all of Trustor's right, title and interest in the following: 

    (a) all
leases, subleases, occupancy agreements, licenses, usufructs, rental contracts and other agreements written or oral, now or hereafter existing relating to the
use or occupancy of all or any portion of the Property, together with all guarantees, modifications, extensions and renewals thereof subject to applicable Gaming Laws (collectively, the "Leases"); 

    (b) any
and all guaranties of the obligations of the tenants (the "Tenants") under any of such Leases; and 

    (c) subject
to the provisions of Section 3.03 below, the immediate and continuing right to collect and receive all of the rents, income, receipts, revenues,
issues and profits now due or that may become due or to which Trustor may now or shall hereafter (whether during any applicable period of redemption, or otherwise) become entitled or may demand or
claim, arising or issuing from or out of the Leases, or from or out of the Property or any part thereof, subject to applicable Gaming Laws (collectively, the "Rents"). 

    3.02  Rights of Beneficiary.  Subject to the provisions of Section 3.03 below, Beneficiary shall
have the right, power and authority (but not the obligation) to: (a) notify any person that the Leases have been assigned to Beneficiary and that all Rents are to be paid directly to
Beneficiary, whether or not
Beneficiary has commenced or completed foreclosure or taken possession of the Property; (b) settle, compromise, release, extend the time of payment of, and make allowances, adjustments and
discounts of any Rents or other obligations under the Leases; (c) enforce payment of Rents and other rights under the Leases, prosecute any action or proceeding, and defend against any claim
with respect to Rents and Leases; (d) without regard to the adequacy of Beneficiary's security, enter upon but not take possession of the Property, or take possession of and operate the
Property; (e) lease all or any part of the Property; and/or (f) perform any and all obligations of Trustor under the Leases and exercise any and all rights of Trustor therein contained
to the full extent of Trustor's rights and obligations thereunder, with or without the bringing of any action or the appointment of a receiver, and any other rights and remedies under any applicable
Nevada laws; provided, however, that the acceptance by Beneficiary of this Deed of Trust, with all of the rights, power, privileges, and authority created, will 

13

 

not, prior to entry on and taking of possession of the Property by Beneficiary, be deemed or construed to make Beneficiary a mortgagee-in-possession, nor in any event obligate
Beneficiary to appear in or defend any action or proceeding relating to the Leases. Trustor shall deliver a copy of this Deed of Trust to each Tenant under a Lease and to each manager and managing
agent or operator of the Property. Trustor irrevocably directs any Tenant, manager, managing agent, or operator of the Property, without any requirement for notice to or consent by Trustor, to comply
with all demands of Beneficiary under this Deed of Trust and to turn over to Beneficiary on demand all Rents which it receives. 

    3.03  Trustor's Limited License.  Provided that no Default or Event of Default (as defined herein) has
occurred and is continuing, Trustor shall have the right under a license granted hereby and Beneficiary hereby grants to Trustor a license to collect, but not more than one month in advance (except as
regards security and similar deposits and payments of last months' rentals), all of the Rents arising from or out of the Leases or any renewals or extensions thereof, or from or out of the Property or
any part thereof. After the occurrence and during the continuance of an Event of Default, Beneficiary shall have the right, but not the obligation, to use and apply any Rents received hereunder in
accordance with this Deed of Trust and the Indenture, and Trustor irrevocably waives the right to direct the application of any and all payments at any time or times thereafter received by the
Beneficiary from or on behalf of Trustor, and Trustor hereby irrevocably agrees that the Beneficiary shall have the continuing exclusive right to apply and to reapply any and all payments received at
any time or times after the occurrence and during the continuance of an Event of Default against the Obligations in accordance with this Deed of Trust and the Indenture. If an Event of Default occurs
and is continuing, and without the necessity of Beneficiary entering upon and taking and maintaining full control of the Property (by agent, court appointed receiver or otherwise), the license granted
hereby shall be deemed revoked and the license shall immediately be revocable by Beneficiary upon which revocation Beneficiary will be entitled to immediate possession of all rents and revenues
generated by the Property. 

    3.04  Trustor's Obligations.  Trustor represents and warrants that, as of the date hereof, it occupies
the Property, and there are no Leases in effect with respect to the Property except for unrecorded month-to-month leases and as expressly set forth on  Schedule 1 hereto. With respect to any Leases
entered into after the date hereof, Trustor shall, in addition to any other obligations of Trustor
provided for herein with respect to such Leases, at its sole cost and expense: (i) cause all tenant improvements to be constructed in a workmanlike manner and in accordance with all applicable
laws,
ordinances, rules and regulations; (ii) to the extent that Trustor is no longer in occupancy of any material portion of the Property, use reasonable efforts to keep such unoccupied portions of
the Property leased at all times to lessees which Trustor reasonably and in good faith believes are creditworthy at rents not less than the fair market rental value (including, but not limited to,
free or discounted rents to the extent the market so requires); (iii) appear in and defend any action or proceeding arising under, growing out of or in any manner connected with the Leases or
the obligations, duties or liabilities of the landlord or of any lessees thereunder; (iv) promptly execute (and use reasonable efforts to cause all necessary third parties to execute) and
record any additional assignments of landlord's interest under any Lease to Beneficiary and specific subordinations of any Lease to this Deed of Trust; and (v) furnish Beneficiary a written
statement containing the names of all lessees and the terms of all Leases, including the spaces occupied and the rentals payable thereunder. 

14

 
    3.05  Limitation.  The acceptance by Beneficiary of the assignment provided in this Article III,
together with all of the rights, powers, privileges and authority created in this Article III or elsewhere in this Deed of Trust, shall not, prior to entry upon and taking possession of the
Property by Beneficiary be deemed or construed to constitute Beneficiary a "mortgagee in possession" or to obligate Beneficiary to appear in or defend any action or proceeding relating to the Leases,
the Rents or the Property or to take any action hereunder or to expend any money or incur any expenses or perform or discharge any obligation or responsibility for any security deposits or other
deposits delivered to Trustor by any Tenant and not assigned and delivered to Beneficiary, nor shall Beneficiary be liable in any way for any injury or damage to person or property sustained by any
person or persons, firm or corporation in or about the Property. 

    3.06  Right of Subordination.  Notice is hereby given to each Tenant under a Lease of such right to
subordinate. No subordination referred to in this Section shall constitute a subordination to any lien or other encumbrance, whenever arising, or improve the right of any junior lienholder. Nothing
herein shall be construed as subordinating this Deed of Trust to any Lease. 

ARTICLE IV.

Trustee's and Beneficiary's Rights  

    4.01  No Waiver or Release of any Event of Default or any Provisions, Covenants and Conditions.  The
waiver or release by Beneficiary or Trustee of any Default or Event of Default or of any of the provisions, covenants and conditions hereof on the part of Trustor to be kept and performed shall not be
a waiver or release of any preceding or subsequent breach of the same or any other provision, covenant or condition contained herein. The subsequent acceptance of any sum in payment of any
indebtedness secured hereby or any other payment hereunder by Trustor to Beneficiary or Trustee shall not be construed to be a waiver or release of any preceding breach by Trustor of any provision,
covenant or condition of this Deed of Trust other than the failure of Trustor to pay the particular sum so accepted, regardless of Beneficiary's or Trustee's knowledge of such preceding breach at the
time of acceptance of such payment. No payment by Trustor or receipt by Beneficiary of a lesser amount than the amount herein provided shall be deemed to be other than on account of the earliest sums
due and payable hereunder, nor shall any endorsement or statement on any check or any letter accompanying any check or payment be deemed an accord and satisfaction, and Beneficiary may accept any
check or payment without prejudice to Beneficiary's right to recover the balance of such sum or pursue any other remedy provided in this Deed of Trust. The consent by Beneficiary or Trustee to any
matter or event requiring such consent shall not constitute a waiver of the necessity for such consent to any subsequent matter or event. 

    4.02  Bankruptcy Petition Filing.  Notwithstanding the right otherwise provided to Trustor to collect
rent and other payments pursuant to the Leases while Trustor is not in default under the Notes or this Deed of Trust, if there is filed any petition in bankruptcy by or against any lessee under any of
the Leases or there is appointed a receiver or trustee to take possession of all or a substantial portion of the assets of such lessee or there is a general assignment by such lessee for the benefit
of creditors, or any action is taken by or against such lessee under any state or federal insolvency law or bankruptcy act, or any similar law now or hereafter in effect, Beneficiary is appointed a
creditor of such lessee and is entitled to recover on any claim or right of recovery that Trustor may have against such lessee or its receiver or trustee; provided, however, that Beneficiary shall not
be obligated to pursue any such claim or right of recovery. 

    4.03  Right of Entry.  Beneficiary may make or cause to be made reasonable entries upon and inspection of
the Property. 

    4.04  Successor Trustees.  Beneficiary may, at any time, by instrument in writing, appoint a successor or
successors to the Trustee named herein or acting hereunder, which instrument, executed 

15

 

and acknowledged by Beneficiary, and recorded in the Office of the County Recorder, Clark County, Nevada, shall be conclusive proof of the proper substitution of such successor trustee, who shall have
all the estate, powers, duties and trusts in the premises vested in or conferred on the original trustee. If there be more than one trustee, either may act alone and execute these trusts upon the
request of Beneficiary and his acts shall be deemed to be the acts of all trustees, and the recital in any conveyance executed by such sole trustee of such requests shall be conclusive evidence
thereof, and of the authority of such sole trustee to act. 

    4.05  Releases, Modifications and Waivers.  Without affecting the liability of Trustor or any other
person or entity, except any person or entity expressly released in writing, for payment of any indebtedness secured hereby or for performance of any of the obligations or any of the terms, covenants
and conditions hereof, and without affecting the rights of Trustee and Beneficiary with respect to any security not expressly released in writing, at any time and from time to time, without notice or
consent other than consent of Beneficiary, Trustee and/or Beneficiary may: 

    (a) Release
any person or entity liable for payment of all or any part of the indebtedness or for the performance of any obligation; 

    (b) Make
any agreement extending the time or otherwise altering the terms of payment of all or any part of said indebtedness or modifying or waiving any obligation or
subordinating, modifying or otherwise dealing with the lien or charge hereof; 

    (c) Exercise
or refrain from exercising or waive any right either of them may have; 

    (d) Accept
additional security of any kind; and, 

    (e) Release
or otherwise deal with any property, real or personal, securing the obligations secured hereby. 

    4.06  Attorney-In-Fact.  If Trustor fails to execute, acknowledge or deliver to
Beneficiary any and all mortgages, assignments, transfers, assurances, financing statements, maps, and other instruments or documents required to be so executed, acknowledged or delivered hereunder,
within 15 days after Beneficiary's demand or such lesser period as may be provided elsewhere herein, then Trustor hereby appoints Beneficiary as Trustor's true and lawful
attorney-in-fact to act in Trustor's name, place and stead to execute, acknowledge and deliver the same. 

    4.07  Payment of Trustor's Obligations.  Whenever under any provision of this Deed of Trust Trustor shall
be obligated to make any payment or expenditure, or to do any act or thing, or to incur any liability whatsoever, and Trustor fails, refuses or neglects to perform as herein required, Beneficiary
shall be entitled, but shall not be obligated, to make any such payment or expenditure or to do any such act or thing, or to incur any such liability, all on behalf of and at the cost and for the
account of Trustor. In such event, the amount thereof shall be paid by Trustor on demand of Beneficiary. Such amount shall be added to the principal balance due under the Notes and shall accrue
interest thereon in accordance with the terms of the Indenture. Without limiting the generality of the foregoing, any act or payment by Beneficiary to cure, forestall, prevent or mitigate an Event of
Default hereunder shall be at the sole option of Beneficiary, shall be at the cost of Trustor and shall be reimbursed to Beneficiary as above provided. Beneficiary shall not be bound to inquire into
the validity of any apparent or threatened tax, assessment, adverse title, lien, encumbrance, claim, or charge before making an advance for the purpose of preventing, removing or paying the same.
Beneficiary shall be subrogated to all rights, equities and liens discharged by any such expenditure. All funds advanced by Beneficiary pursuant to this Section 4.07 or any other provision of
this Deed of Trust for the performance of any obligation of Trustor or to protect Beneficiary's security shall be deemed obligatory advances regardless of the person or entity to whom such funds are
furnished and such advances, together with interest thereon, shall be secured by this Deed of Trust. 

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ARTICLE V.

Default and Remedies  

    5.01  Events of Default.  As used in this Deed of Trust, each of the following events shall constitute an
"Event of Default" hereunder: 

    (a) Any
default in the performance of any term, covenant or condition contained herein and such event or circumstance, if capable of being cured, is not cured within
35 days after written notice thereof is given by Trustee or Beneficiary to Trustor; or 

    (b) The
occurrence of any "Event of Default" under the terms of the Indenture or any other Loan Document. 

    All
notice and cure periods provided herein, in the Indenture or in any other Loan Document shall run concurrently with any notice or cure periods provided by law. Without limiting
the foregoing, Beneficiary or the Trustee shall be entitled to cause a notice of breach and election to sell to be recorded and mailed if any event occurs which, with the giving of notice and/or
passage of time, would constitute an Event of Default hereunder or thereunder or would entitle Beneficiary to accelerate the indebtedness secured hereby and the recording and mailing to Trustor of
such notice of breach and election to sell shall constitute notice of a failure to perform pursuant hereto or thereto. 

    5.02  Rights and Remedies.  

    (a) At
any time after the occurrence of a Default or an Event of Default, Beneficiary may exercise any and all of its rights provided hereunder, under the Indenture or
applicable law, subject to applicable Gaming Laws. Without limiting the generality of the foregoing, any Personal Property may, at the sole and absolute option of Beneficiary, (i) be sold
hereunder, (ii) be sold pursuant to the Uniform Commercial Code of the State of Nevada, or (iii) be dealt with by Beneficiary in any other manner provided by statute, law or equity.
Without limiting the foregoing, Beneficiary may require Trustor to assemble the Personal Property and make it available to Beneficiary at a place to be designated by Beneficiary. At any time after the
occurrence of a Default or an Event of Default, Beneficiary shall be the attorney-in-fact of Trustor with respect to any and all matters pertaining to the Property with full
power and authority to give instructions with respect to the collection and remittance of payments, to endorse checks, to enforce the rights and remedies of Trustor, and to execute on behalf of
Trustor and in Trustor's name any instruction, agreement or other writing required therefor. This power shall be irrevocable and deemed to be a power coupled with an interest. Beneficiary may, in its
sole discretion, appoint Trustee as the agent of Beneficiary for the purpose of disposition of the Personal Property in accordance with the Uniform Commercial Code. Trustor acknowledges and agrees
that a disposition of
the Personal Property in accordance with Beneficiary's rights and remedies in respect to real property as hereinabove provided is a commercially reasonable disposition thereof. 

    (b) At
any time after the occurrence of an Event of Default, Beneficiary may, to the full extent permitted by law, including any applicable Gaming Law, in addition to
all other rights and remedies, forthwith after any such Event of Default, enter upon and take possession of the Property, complete any buildings or other improvements under construction, construct new
improvements and make modifications to and/or demolish any of the foregoing. In connection therewith Beneficiary shall have the power to file any and all notices and obtain any and all necessary
permits and licenses, including, but not limited to, the filing of notices of completion and the obtaining of certificates of occupancy. Beneficiary shall also have the right but not the obligation to
receive all of the rents, issues and profits of the Property, overdue, due or to become due, and to apply the same, after payment of all necessary charges and expenses, including attorneys' fees, on
account of the indebtedness secured hereby. Beneficiary may do any and all of the foregoing in its own name or in the name of Trustor and Trustor hereby irrevocably appoints 

17

 

Beneficiary as its attorney-in-fact for such purposes. Beneficiary may also, at any time after such default, apply to any court of competent jurisdiction for the appointment of
a receiver and Trustor agrees that such appointment shall be made upon a prima facie showing of a claimed Event of Default without reference to any
offsets or defenses against such Event of Default and without regard to whether any portion of the Property is in danger of being lost, removed, injured or destroyed or of waste, whether income from
the Property is in danger of being lost or whether the Property is or may become insufficient to discharge the obligations secured by this Deed of Trust. Such receiver shall have all the rights and
powers provided Beneficiary pursuant to this section or otherwise provided hereunder or by law. Said receiver may borrow monies and issue certificates therefor. Said certificates shall be a lien on
the Property subordinate only to this Deed of Trust and the Leases; provided, however, that should any of said certificates be acquired by Beneficiary the amount thereof shall constitute additional
indebtedness secured hereby. Such receiver may lease all or any portion of the Property on such terms and for such a term (which may extend beyond the terms of such receiver's appointment and/or, if
Beneficiary so consents, sale of the Property hereunder) as such receiver may deem appropriate in its sole and absolute discretion. The entering upon and taking possession of the Property pursuant to
this section and the collection of the rents, issues and profits therefrom shall not cure or waive any Event of Default or notice thereof hereunder or invalidate any act of Beneficiary pursuant
thereto. 

    (c) Should
default be made by Trustor in payment or performance of any indebtedness or other obligation or agreement secured hereby and/or in performance of any
agreement herein, or should an Event of Default otherwise occur hereunder, Beneficiary may, subject to NRS § 107.080, declare all sums secured hereby immediately due by delivery to Trustee
of a written notice of breach and election to sell (which notice Trustee shall cause to be recorded and mailed as required by law). 

    (d) After
three months shall have elapsed following recordation of any such notice of breach, Trustee shall sell the property subject hereto at such time and at such
place in the State of Nevada as Trustee, in its sole discretion, shall deem best to accomplish the objects of these trusts, having first given notice
of such sale as then required by law. In the conduct of any such sale Trustee may act itself or through any auctioneer, agent or attorney. The place of sale may be either in the county in which the
property to be sold, or any part thereof, is situated, or at an office of the Trustee located in the State of Nevada. 

     (i) Upon
the request of Beneficiary or if required by law Trustee shall postpone sale of all or any portion of said property or interest therein by public announcement
at the time fixed by said notice of sale, and shall thereafter postpone said sale from time to time by public announcement at the time previously appointed. 

    (ii) At
the time of sale so fixed, Trustee shall sell the property so advertised or any part thereof or interest therein either as a whole or in separate parcels, to
the highest bidder for cash in lawful money of the United States, payable at time of sale, and shall deliver to such purchaser a deed or deeds or other appropriate instruments conveying the property
so sold, but without covenant or warranty, express or implied. Beneficiary and Trustee may bid and purchase at such sale. To the extent of the indebtedness secured hereby, Beneficiary need not bid for
cash at any sale of all or any portion of the Property pursuant hereto, but the amount of any successful bid by Beneficiary shall be applied in reduction of said indebtedness. Trustor hereby agrees,
if it is then still in possession, to surrender, immediately and without demand, possession of said property to any purchaser. 

    (e) Trustee
shall apply the proceeds of any such sale to payment of expenses of sale and all charges and expenses of Trustee and of these trusts, including cost of
evidence of title and Trustee's fee in connection with sale; all sums expended under the terms hereof, not then repaid, 

18

 

with accrued interest in accordance with the terms of the Indenture; all other sums then secured hereby, and the remainder, if any, to the person or persons legally entitled thereto. 

    (f)  Beneficiary,
from time to time before Trustee's sale, may rescind any notice of breach and election to sell by executing, delivering and causing Trustee to record
a written notice of such rescission. The exercise by Beneficiary of such right of rescission shall not constitute a waiver of any breach or default then existing or subsequently occurring, or impair
the right of Beneficiary to execute and deliver to Trustee, as above provided, other notices of breach and election to sell, nor otherwise affect any term, covenant or condition hereof or under any
obligation secured hereby, or any of the rights, obligations or remedies of the parties thereunder. 

    (g) Notwithstanding
any other provision of this Deed of Trust, to the extent required under applicable law, the consummation of the transactions contemplated hereby and
the exercise of remedies hereunder may be subject to applicable Gaming Laws, as amended from time to time. Due to various legal restrictions, including, without limitation, licensing of operators of
gaming facilities and prior approval of the sale or disposition of assets of a licensed gaming operation, the sale of Collateral consisting of
gaming equipment may be denied by the relevant Gaming Authorities or delayed pending Gaming Authority approval. 

    5.03  Leases.  The collection of Rents and the application thereof by Beneficiary or any receiver
obtained by Beneficiary shall not cure or waive any Event of Default or notice thereof, or invalidate any act of Beneficiary pursuant thereto. In the exercise of the powers herein granted Beneficiary,
Beneficiary shall not be deemed to have affirmed any Lease or subordinated the lien hereof thereto nor shall any liability be asserted or enforced against Beneficiary, all such liability being hereby
expressly waived and released by Trustor. Neither Beneficiary nor any receiver shall be obligated to perform or discharge any obligation, duty or liability under any Lease or under or by reason of the
assignment contained in this Deed of Trust and Trustor shall and does hereby agree to protect, indemnify, save harmless and defend Beneficiary and such receiver from and against any and all liability,
loss, costs, charges, penalties, obligations, expenses, attorneys' fees, litigation, judgments, damages, claims and demands which they may or might incur by reason of, arising from, or in connection
with the Leases, such assignment, any alleged obligations or undertakings on their part to perform or discharge any of the terms, covenants or agreements contained in the Leases, any alleged
affirmation of or subordination to the Leases, or any action taken by Beneficiary or such receiver pursuant to any provision of this Deed of Trust. Without limiting the generality of the foregoing, no
security deposited by the lessee with the lessor under the terms of any Lease hereby assigned has been transferred to Beneficiary, and Beneficiary assumes no liability for any security so deposited. 

ARTICLE VI.

Miscellaneous  

    6.01  Reconveyance of Property.  Upon receipt of a written request from Beneficiary reciting that all
sums and obligations secured hereby have been paid and/or performed, and upon payment of its fees, Trustee shall reconvey without warranty the property then held hereunder. The recitals in such
reconveyance of any matters of fact shall be conclusive proof of the truth thereof. The grantee in such reconveyance may be described in general terms as "the person or persons legally entitled
thereto." 

    6.02  Waiver and Release.  Trustor, for itself and for all persons hereafter claiming through or under it
or who may at any time hereafter become holders of liens junior to the lien of this Deed of Trust, hereby expressly waives and releases all rights to direct the order in which any of the Property or
any interest therein shall be sold in the event of any sale or sales pursuant hereto and to have any of the Property and/or any other property now or hereafter constituting security for any of the
indebtedness secured hereby or any interest therein marshaled upon any sale under this Deed of Trust or of any other security for any of said indebtedness. 

19

 

    6.03  Further Assurances.  Trustor shall, upon demand by Beneficiary or Trustee, or otherwise necessary,
execute, acknowledge (if appropriate) and deliver any and all documents and instruments and do or cause to be done all further acts reasonably necessary or appropriate to effectuate the provisions
hereof. 

    6.04  Usury Savings Clause.  Nothing contained herein or in the Loan Documents shall be deemed to require
the payment of interest or other charges by Trustor in excess of the amounts that may be lawfully charged to the Trustor pursuant to the Loan Documents or under the applicable usury laws. In the event
Beneficiary shall collect monies which are deemed to constitute interest which would increase the effective interest rate to a rate in excess of that permitted to be charged by applicable law, all
such sums deemed to constitute interest in excess of the legal rate shall, upon such determination, at the option of Beneficiary, be returned to Trustor or credited against the principal balance of
any obligation secured hereby then outstanding. 

    6.05  No Liability for Clean-up of Hazardous Materials.  In the event that the Beneficiary is
required to acquire title to an asset for any reason, or take any managerial action of any kind in regard thereto, in order to carry out any fiduciary or trust obligation for the benefit of another,
which in the Beneficiary's sole discretion may cause the Beneficiary to be considered an "owner or operator" under the provisions of the Comprehensive Environmental Response, Compensation and
Liability Act (CERCLA), 42 U.S.C. §9601. et seq., or otherwise cause the Beneficiary to incur liability under CERCLA or any other federal,
state or local law, the Beneficiary reserves the right to, instead of taking such action, either resign as Beneficiary or arrange for the transfer of the title or control of the asset to a court
appointed receiver. 

    The
Beneficiary shall not be liable to the Trustor or the Holders or any other person for any environmental claims or contribution actions under any federal, state or local law, rule
or regulation by reason of the Beneficiary's actions and conduct as authorized, empowered and directed hereunder or relating to the discharge, release or threatened release of hazardous materials into
the environment. 

    6.06  Notices.  Any and all notices and demands to Trustor, Trustee or to Beneficiary, required or
desired to be given hereunder shall be in writing and shall be given by deposit in the United States mail, certified or registered, postage prepaid, return receipt requested or if made by Federal
Express or other similar delivery service keeping records of deliveries and attempted deliveries or made by telecopy. Service by United States Mail or by Federal Express or other similar delivery
service shall be conclusively deemed made on the first business day delivery is attempted or upon receipt, whichever is sooner; provided, however, that service of any notice of breach or notice of
sale as required by law will, if mailed, be effective on the date of mailing. Facsimile transmissions received during business hours during a business day shall be deemed received on such business
day. Facsimile transmissions received at any other time shall be deemed received on the next business day. 

    Any
notice or demand to Beneficiary shall be addressed to Beneficiary at: 

The
Bank of New York

101 Barclay Street

New York, NY 10286

Telecopier No.: (212) 815-5915

Attention: Corporate Trust Administration 

20

 

    Any notice or demand to Trustee shall be addressed to Trustee at: 

National
Title Co.

714 East Sahara Avenue

Las Vegas, Nevada 89104

Telecopier No.: (702) 737-9255 

    Any
notice or demand to Trustor shall be addressed to Trustor at: 

E-T-T, Inc.

3440 West Russell Road

Las Vegas, Nevada 89118

Telecopier No.: (702) 740-4630

Attention: Mary E. Higgins 

    With
a copy to: 

Kummer
Kaempfer Bonner & Renshaw

3800 Howard Hughes Parkway

Seventh Floor

Las Vegas, Nevada 89109

Telecopier No.: (702) 796-7181

Attention: John N. Brewer, Esq. 

Any
party hereto may change its address for the purpose of receiving notices or demands as herein provided by a written notice given in the manner aforesaid to the other party hereto, which notice of
change of address shall not become effective, however, until the actual receipt thereof by the other party. Whenever any law requires Beneficiary to give reasonable notice of any act, election, or
event, or proposed act, election, or event, said requirement shall be deemed complied with if Beneficiary gives Trustor ten (10) days written notice as herein provided. Information concerning
the security interest may be obtained from Beneficiary at the above address. 

    6.07  Successors in Interest.  This Deed of Trust applies to, inures to the benefit of, and binds all
parties hereto, their heirs, legatees, devisees, administrators, executors, successors and assigns. 

    6.08  Public Record.  Trustee accepts these trusts when this Deed of Trust, duly executed and
acknowledged, is made a public record as provided by law. 

    6.09  Action by Trustor.  Where any provision in this Deed of Trust refers to action to be taken by
Trustor, or which Trustor is prohibited from taking, such provision shall be applicable whether such action is taken directly or indirectly by Trustor. 

    6.10  Severability.  If any term, provision, covenant or condition of this Deed of Trust, or any
application thereof, should be held by a court of competent jurisdiction to be invalid, void, or unenforceable, all provisions, covenants and conditions of this Deed of Trust and all applications
thereof not held invalid, void or unenforceable, shall continue in full force and effect and shall in no way be affected, impaired or invalidated thereby. If the lien of this Deed of Trust is invalid
or unenforceable as to any part of the Property, or if the lien is invalid or unenforceable as to any part of the indebtedness secured hereby, the unsecured or partially unsecured portion of such
indebtedness shall be completely paid prior to the payment of the remaining and secured or partially secured portion 

21

 

of such indebtedness, and all payments made on such indebtedness, whether voluntary or under foreclosure or other enforcement action or procedure, shall be considered to have been first paid on and
applied to the full payment of that portion of such indebtedness which is not secured or fully secured by the lien of this Deed of Trust. 

    6.11  Joint and Several Liability.  In the event that Trustor shall consist of more than one person, firm
or corporation then and in such event all of such persons, firms or corporations shall be jointly and severally liable hereunder. 

    6.12  Governing Law.  The laws of the State of Nevada shall govern the validity, construction,
performance and effect of this Deed of Trust. 

    6.13  Construction.  This Deed of Trust shall be construed in accordance with its intent and without
regard to any presumption or other rule requiring construction against the party causing the same to be drafted. 

    6.14  Remedies Cumulative.  The various rights, options, elections and remedies of Beneficiary and
Trustee hereunder shall be cumulative and no one of them shall be construed as exclusive of any other, or of any right, option, election or remedy provided in any agreement or by law. 

    6.15  Time.  Time is of the essence of this Deed of Trust and all of the terms, provisions, covenants and
conditions hereof. 

    6.16  Consent of Beneficiary.  Whenever any provision of this Deed of Trust requires Beneficiary's
consent or approval, unless otherwise specifically provided, the same may be granted or withheld by Beneficiary in its sole and absolute discretion. 

    6.17  Context, Interpretation and Headings.  In this Deed of Trust, whenever the context so requires any
gender includes the others, and the singular number includes the plural, and vice-versa, the term Beneficiary shall include any future trustee under the Indenture, and the term Trustor
shall mean the original signator hereof, the successors and assigns thereof and any future owners of any interest in the Property or any portion thereof. In the event the ownership of all or any
portion of such property becomes vested in a person other than the signator hereof, Beneficiary may, without notice to such signator, deal with such successor or successors with reference to this Deed
of Trust and to the indebtedness hereby secured in the same manner as with the signator, without in any way vitiating or discharging such signator's liability hereunder or upon the indebtedness hereby
secured. In this Deed of
Trust, the use of words such as "including" or "such as" shall not be deemed to limit the generality of the term or clause to which they have reference, whether or not non-limiting
language (such as "without limitation," or "but not limited to," or words of similar import) is used with reference thereto, but rather shall be deemed to refer to all other items or matters that
could reasonably fall within the broadest possible scope of such general statement, term or matter. The captions and headings appearing at the commencement of the sections, paragraphs and subdivisions
hereof are descriptive only and for convenience in reference to this Deed of Trust and in no way whatsoever define, limit or describe the scope or intent of this Deed of Trust, nor in any way affect
this Deed of Trust. 

    6.18  Effect of NRS § 107.030.  Where not inconsistent with the above, the following
covenants, Nos. 1; 2 (full replacement value); 3; 4 (as determined in accordance with the Indenture); 5; 6; 7 (a reasonable percentage); 8 and 9 of NRS § 107.030 are hereby adopted and
made a part of this Deed of Trust. 

    6.19  Rights of Beneficiary.  In acting hereunder, Beneficiary is entitled to all rights, privileges,
benefits, protections, immunities and indemnities accorded to it under the Indenture. 

[signature page to follow]

22

 

    IN WITNESS WHEREOF, Trustor has executed this Deed of Trust the day and year first above written. 

	 	 	TRUSTOR:
	

 	
 	

E-T-T, Inc.
	 	 	 	 
	 	 	 	 
	 	 	By:	/s/ EDWARD J. HERBST   

	 	 	Name:	Edward J. Herbst

	 	 	Title:	President and CEO

23

 

	STATE OF NEVADA	 	)	 	 
	 	 	)	 	ss.
	COUNTY OF CLARK	 	)	 	 

    This instrument was acknowledged before me on August 24,  2001 by Edward J. Herbst  as
President and CEO  of E-T-T, Inc.. 

	 	 	Janice R. Donelson

	        [SEAL]	 	NOTARY PUBLIC

My Commission Expires 11/20/03

24

   SCHEDULE 1

PERMITTED EXCEPTIONS  

	1.
	Taxes
for the fiscal year July l, 2001 to June 30, 2002 any district assessments collected therewith. 

	 	AP# 38-283-13	 	 	 	 	 	 	 	 
	 	lst Installment	 	$7,606.68	 	August 20, 2001	 	PAID	 	 
	 	2nd Installment	 	$7,588.45	 	October 1, 2001	 	NOT YET DUE	 	 
	 	3rd Installment:	 	$7,588.45	 	January 7, 2002	 	NOT YET DUE	 	 
	 	4th Installment:	 	$7,988.45	 	March 4, 2002	 	NOT YET DUE	 	 
	 	TOTAL TAXES:	 	$30,372.03	 	 	 	 	 	 

	2.
	A
lien for supplemental taxes as might be assessed and collected by the County Assessor on the personal property Tax Roll in the event improvements have been commenced or completed
within the past year, in accordance with Nevada Revised Statutes 361.260. (NONE DUE AND PAYABLE)

	3.
	Water
rights, claims or title to water, whether or not shown by the public records.

	4.
	Reservations
as contained in Patent recorded March 12, 1974 in Book 171, page 291, which recites as follows: 

    "Provided,
that all mines of gold, silver, copper, lead, cinnabar and other valuable minerals which may exist in the said Tract, and also a right of way for ditches, tunnels and
telephone and transmission lines constructed by the authority of the United States are hereby expressly reserved." 

	5.
	Easements
and rights of way including incidentals thereto as shown on the Subdivision Map thereof recorded February 5, 1973 as File No. 36024, Nye County, Nevada
records.

	6.
	Covenants,
conditions, and restrictions in an instrument recorded October 5, 1970, in Book 136 of Official Records, page 104, as File No. 20281r April 16, 1971
in Book 141 of Official Records, page 267, as File No. 23436, April 10, 1972 in Book (156 of Official Records, page 227, as File No. 32141, and September 24, 1973 in Book
167 of Official Records, page 451, as File No. 39139, Nye County Records, and amended by instrument recorded June 8, 1981 as Document No. 44162 in Book 310 of Official Records,
page 07, Nye County, Nevada records.

	7.
	Easement
for sewer and water and incidental purposes, as conveyed to Central Nevada Utilities Company, by an instrument recorded September 2, 1975 in Book 186 of Official
Records, page 123, as File No. 49686, Nye County Records, over the Rear Ten (10) feet, the Side and Front Five (5) feet of said land.

	8.
	An
Easement for either or both pole (underground) lines, conduits, and incidental purposes as conveyed to BELL TELEPHONE COMPANY OF NEVADA, by an instrument recorded
April 25, 1977 in Book 201, page 314 of Official Records, Nye County, Nevada records, as File No. 57927. (Exact location thereof cannot be ascertained from the record).

	9.
	Easement
for utility purposes, as conveyed to BELL TELEPHONE COMPANY OF NEVADA, by an instrument recorded February 9, 1978 in Book 214 of Official Records, page 74, as File
No. 64559, Nye County Records, over the streets, roads, and alleys, as shown on the subdivision map thereof.

	10.
	An
unrecorded Lease dated July 1, 1996, executed by The Herbst Family Limited Partnership, as Lessor, and E-T-T, Inc., as Lessee, upon the
terms, covenants, and conditions therein provided as disclosed by a Memorandum of Lease recorded November 20, 1996, as Document No. 408566, Nye County, Nevada records. 

1

 

    The
terms, covenants, conditions, and provisions as contained in an instrument, entitled "LEASE ESTOPPEL, CERTIFICATE AND EXERCISE OF RENEWAL OPTION (TOWN PAHRUMP LEASE)" 

	 	By and between:	The Herbst Family Limited Partnership and E-T-T, Inc., a Nevada Corporation
	 	Recorded:	November 21, 2000
	 	Document No.:	504223, Nye County, Nevada.

	11.
	An
Easement for either or both pole lines, conduits and incidental purposes as set forth in an instrument 

	 	Recorded:	February 21, 1996 as Document No. 389927, Nye County, Nevada records
	 	Over:	A portion of said land

	12.
	Sublease
affecting a portion of the premises herein stated, dated November 16, 1995, executed by E-T-T, Inc., as sublessor, and Terrible
Herbst, Inc., as sublessee. [To be subordinated to Deed of Trust by Subordination, Attornment and Non-Disturbance Agreement to be recorded
concurrently herewith.] 

    Said sublease being subject to all terms, provisions, and matters contained therein.

    A
Financing Statement to secure an indebtedness of the Amount stated herein and any other amounts as may become due under the terms and subject to the terms, covenants, conditions,
and requirements as contained and imposed therein 

	 	Executed By:	Terrible Herbst, Inc.
	 	Secured Party:	Chevron U.S.A., Inc.
	 	Amount:	Not Set Out
	 	Recorded:	November 18, 1997
	 	Document:	432020, Nye County, Nevada records
	 	[Affects the sublessee's interest under the above sublease.]

2

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EXHIBIT 10.14Prepared by MERRILL CORPORATION

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EXHIBIT 10.15    
  

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

Exchange Commission with an application requesting confidential treatment.

 
 

GAMING DEVICES LICENSE AGREEMENT    
  

    THIS GAMING DEVICES LICENSE AGREEMENT (the "Agreement") is entered into this 31 day of August, 1998 by and between THE VONS COMPANIES, INC. a
Michigan corporation(hereinafter "VONS") and MARKET GAMING, INC., a Nevada Corporation (hereinafter "MGI") upon the terms and conditions set forth, below. 

 
 

ARTICLE 1
  DEFINITIONS    
  

    1.1  Gaming Devices.  The terms "Gaming Device" or "Gaming Devices" shall generally refer to State-
licensed slot machines and shall also included in its meaning any other State-licensed gaming device approved by VONS. 

    1.2  Incidental Equipment.  The term "Incidental Equipment" shall refer to that equipment, excluding the
Gaming Devices, reasonably necessary for MGI to conduct business from the Licensed Premises as described in this Agreement including, but not limited to, "change tables", money changing equipment,
beverage dispensing equipment, chairs, etc. 

    1.3  Store.  The terms "Store" or "Stores" shall mean each supermarket location owned (or leased) and
operated by VONS or an affiliate and which is set forth on the attached Exhibit "A" wherein one or more Gaming Devices are to be installed. 

    1.4  Licensed Premises.  The term "Licensed Premises" shall mean that particular portion of each Store
set aside for use by MGI pursuant to this Agreement. 

    1.5  Program.  The term "Program" shall refer to the various obligations undertaken by MGI pursuant to
this Agreement whereby the Gaming Devices will be installed in the Stores and various games and promotions will be made available to the public. 

    1.6  Territory.  The term "Territory" shall mean the following counties in the State of Nevada: Clark,
Nye, Lincoln and Esmerelda. 

    1.7  Effective Date.  The term "Effective Date" shall mean the first day of the month immedately
following the month in which MGI receives gaming licenses for each of the Safeway locations contained in Exhibit "B" from the State of Nevada and all other appropriate County and/or City governmental
agencies. Said locations are not a part of this Agreement and serve only as a benchmark for the effective date hereof. 

    1.8  Operational Date.  The term "Operational Date" shall mean, as to each individual Licensed Premises,
the first date when one (1) or more of the Gaming Devices are in operation for all hours of operation of the applicable Store. 

    1.9  Day.  The terms "day" or "days" shall mean a calendar day or days unless expressly stated otherwise. 

    1.10  Intentionally Deleted.  

 
 

ARTICLE 2
  ESTABLISHMENT OF PROGRAM    
  

    2.1  Gaming Device Program.  The parties agree to arrange for the placement of that number of Gaming
Devices, fully licensed by the State of Nevada, in each Store as set forth in Exhibit "A"(or more should the parties mutually agree), located within a RCT radius from the intersection of Las Vegas
Blvd. and Stewart Avenue in the City of Las Vegas. In any Store located outside of this RCT 

radius MGI shall place any number of Gaming Devices up to 15, in its sole and absolute discretion and shall pay the License Fee for such number of Gaming Devices actually installed. MGI shall also be
allowed to install Incidental Equipment including one (1) "change table" at each Store within the Licensed Premises as delineated pursuant to Section 2.4, below. MGI shall provide the
necessary Gaming Devices, the Incidental Equipment, and all support necessary to install, maintain, repair and operate all Gaming Devices including, but not limited to, cash for the Gaming Devices
(which cash shall be the sole property of MGI), periodic loading of cash, twenty-four (24) hour monitoring support (or such lesser amount which corresponds to the hours of operation
of any particular Store), manual staffing of money changing services, beverage service as approved by VONS, and other support functions as may be mutually agreed from
time-to-time. The Gaming Devices will possess feature, performance and quality standards which are equal to the prevailing industry standards for the same or similar machines.
MGI will maintain, repair and refurbish the Gaming Devices as needed to meet and maintain such standards. 

    2.2  Initial Program and Expansion.  

    (a) The
Program shall apply to each Store listed on the attached Exhibit "A" as of the Effective Date. 

    (b) The
Program shall apply prospectively to any additional supermarket locations opened and operated by VONS or an affiliate within the Territory during the term of
this Agreement, unless the Store is subject to a pre-existing agreement regarding the placement of gaming devices entered into by VONS predecessor-in-interest. The
opening of any such additional location shall not affect the expiration date of the Initial Term or of any Renewal Term. 

    2.3  Exclusivity.  VONS shall not permit the installation of any Gaming Device provided by any third
party in any of the Stores set forth in the attached Exhibit "A". This exclusivity shall apply to any new supermarkets opened by VONS within the State of Nevada during the term hereof where VONS has
the right to contract for gaming (i.e., where such right is not retained by a lessor or other third party). 

    2.4  Interior Locations.  

    (a) VONS
shall provide a suitable location within each Store which shall constitute the Licensed Premises for MGI's exclusive use for the placement of the Gaming
Devices and the Incidental Equipment, and VONS grants to MGI a license to use each Licensed Premises for the installation, maintenance and operation of the Gaming Devices and the Incidental Equipment.
The particular location and size of each Licensed Premises shall be agreed upon by the parties on a Store-by-Store basis. 

    (b) Any
change in the location of any Licensed Premises shall require the mutual consent of both parties except where such change is required pursuant to: law;
regulation; or order of any governmental agency; any lessor of any Store pursuant to limitations or restrictions contained in any lease therefor; or any property owner(s) or any property management
association exercising its authority over any Store pursuant to limitations or restrictions contained in any conditions, covenants and restrictions or other agreements of record (hereinafter "C.
C. & R.'s"). VONS shall have the right to change the location of any Licensed Premises within any Store that is remodeled or otherwise significantly altered in which case VONS shall provide MGI
with reasonable advance notice of the remodeling or alteration, and the parties shall exercise good faith efforts to agree upon a new location in such a situation. 

    2.5  Issuance of Permits.  MGI shall be responsible, at its sole cost and expense, to obtain any and all
governmental permits, licenses, consents and the like in order for the Gaming Devices to be licensed for installation within each Licensed Premises on or about the Effective Date. VONS shall provide
such information and documentation as MGI may reasonably request for the purpose of assisting in the application for any such permits. All such permits shall be maintained in effect by MGI at its sole
cost and expense throughout the term of this Agreement. 

    2.6  Incidental Services.  

    (a) MGI
shall supply at each Licensed Premises one (1) fixture to be used as a "change table" which shall be staffed by not less than one (1) employee of
MGI during all hours that each respective Store is open to the public. 

    (b) MGI
shall be permitted to offer complimentary non-alcoholic beverages to users of the Gaming Devices; provided, however, that MGI shall not prohibit
said users from bringing into the Licensed Premises groceries, beverages or other items purchased from VONS at any Store. 

    2.7  License of Trade Names.  

    (a) Each
party (a "Grantor") hereby grants to the other party a non-exclusive right and license to use the respective trademark and/or service mark of:
"VONS"; and "MGI" (the "Marks") upon and in connection with any promotional activities within the Store(s), as further described in this Agreement; provided, however, that each Grantor retains the
right of prior, written approval of any marketing or promotional advertising by the other party which includes the logos, trademarks, trade names and copyrights of the Grantor. Each license granted in
this section shall apply only to the Program, and the recipient shall make no other use thereof except as expressly permitted in this Agreement. 

    (b) Except
as specifically provided in this section, each party retains all legal and equitable rights in and to its respective Marks and any related trademarks,
service marks, initials, logos and insignia, and no use thereof shall be made by any other party without the express, prior and written consent of the party holding said rights. 

    (c) Each
party acknowledges and agrees that the other's trademarks, tradenames, service marks and business systems are solely the property of such party and that this
Agreement does not in any way grant to either party the right to use the other's trademarks, tradenames, service marks, copyrights or business systems except as expressly provided herein. No party
shall assert any right or title to or interest in the trademarks, service marks, initials, logos, insignia, trade dress, slogans, designs or advertising themes of any other party (except for the
rights expressly granted under this. Agreement), and all use thereof shall inure to the benefit of the respective owner thereof. 

    (d) Immediately
upon expiration, termination or cancellation of this Agreement for whatever reason, each party shall cease using the Marks, or such other trademark,
slogan, trade name, symbol, emblem, insignia, design, trade dress or advertising theme of the other parties. 

    2.8  Compliance with Federal, State and Local Laws.  MGI shall at all times comply with any and all
local, city, county, state and federal laws, regulations and orders now in effect or which may hereafter be enacted pertaining to or affecting the installation, operation or maintenance of the Gaming
Devices and the Incidental Equipment. 

    2.9  Expenses.  MGI shall bear all costs and expenses necessary to carry out the Program including, but
not limited to costs and expenses related to: purchase or leasing of Gaming Devices and the Incidental Equipment; freight and delivery charges; installation costs; de-installation and
removal costs; governmental fees, taxes and assessments; and maintenance and repair costs for the Gaming Devices and the Incidental Equipment as well as the Licensed Premises. VONS shall have no
obligation for any Program cost or expense except as is specifically described in Sections 3.1(a) and 3.2(c), hereinbelow. 

    2.10  Intentionally Deleted.  

 
 

ARTICLE 3
  INSTALLATION, MAINTENANCE AND RELOCATION    
  

    3.1  Site Selection and Preparation.  

    (a) VONS
will provide adequate space, mutually acceptable to both parties, within each Store for the installation of all Gaming Devices and Incidental Equipment for
each such Store, and will provide and maintain at its own cost appropriate environmental conditions and electrical power for operation of 

the Gaming Devices. MGI shall use its best efforts to utilize the space currently used in the Store for the operation of gaming devices. Environmental conditions and electrical power shall meet
industry standards and manufacturers' requirements for the hardware and any software of the Gaming Devices but in no event shall VONS be required to provide equipment, services or utilities not
commonly available in its supermarkets, nor shall VONS be under any duty to install any equipment, services or utilities not presently existing in the Stores other than as required pursuant to
Section 3.2(c), below. 

    (b) MGI
and VONS will conduct site survey meetings at each Store and any proposed new location and will mutually agree upon the location of each Licensed Premises based
on an analysis performed jointly to determine locations: most convenient to the customers of VONS; least obtrusive to VONS operations; most likely to generate the greatest use of the Gaming Devices;
and most likely to expedite the installation process and minimize installation costs. 

    (c) MGI
shall submit plans and specifications to VONS for its approval (which approval shall not be unreasonably withheld) showing the interior design of each Licensed
Premises and the proposed placement of all Gaming Devices and the Incidental Equipment. VONS and MGI shall exercise good faith efforts to resolve any objections which VONS may raise to any such plans. 

    (d) MGI
shall maintain the area within the Licensed Premises in an orderly, clean and sanitary fashion so that customers have convenient and unobstructed access to the
Gaming Devices. VONS shall provide normal and customary cleaning services outside of the Licensed Premises and within the Stores. 

    3.2  Installation of Gaming Devices.  

    (a) An
installation schedule will be mutually agreed to and established between MGI and VONS, and. the parties will both use their best efforts to meet the schedule. 

    (b) VONS
authorizes MGI to install Gaming Devices and the Incidental Equipment at the Stores and to connect the Gaming Devices to electrical conduits and to such other
facilities as are reasonably
necessary to install and operate the Gaming Devices. All work necessary for the installation of the Gaming Devices, the Incidental Equipment, and the connection thereof to the appropriate utilities
shall be provided by MGI at its sole cost and expense. The work shall be done at such times as are agreed upon by both parties so as to interfere as little as possible with VONS operations. MGI agrees
to restore promptly any property damaged by it or by any of its subcontractors or agents working on MGI's behalf. 

    (c) VONS
shall provide adequate electrical service for all Gaming Devices and Incidental Equipment and where such services do not presently exist in any Licensed
Premises shall install all conduit, hook-ups and outlets at its sole cost and expense which are reasonably necessary to support the functioning of the Gaming Devices and Incidental
Equipment. 

    (d) MGI
shall design and decorate the interior of the Licensed Premises with those fixtures and signage and in such colors, decor and style as are reasonably approved
by VONS. MGI shall have the sole discretion in choosing the type and denomination of the Gaming Devices. 

    3.3  Access to Licensed Premises.  VONS agrees to provide for the uninterrupted access to the Licensed
Premises during all normal hours of operation of each Store. VONS shall exercise its reasonable best efforts to provide MGI with five (5) days prior written notice of any
non-emergency Store remodeling or construction activity that could effect the power supply to the Gaming Devices. Arrangements shall be made with MGI for any movement of the Gaming Devices
and the Incidental Equipment within a Store during any such period of remodeling or construction. During any period of time that a Store is closed for one (1) day, or more, the License Fee
described in Section 4.1, below, for that Store shall be abated, pro-rata, on the basis of a thirty (30)day month. 

    3.4  Staffing of Licensed Premises.  MGI shall, at its sole cost and expense, supply staff in each
Licensed Premises to provide change and make jackpot pay-outs during all hours that each Store is open to the public. Subject to any applicable laws or regulations, the hours that such
staff is present in each Licensed Premises parties may be changed by mutual written agreement of both parties. 

    3.5  Beverage and Food Service.  MGI may install and operate as a part of the Incidental Equipment
non-alcoholic beverage machines for the complimentary dispensing to its patrons of beverages such as coffee and soft drinks. Should MGI desire to provide food items to its patrons on a
complimentary basis, MGI agrees to purchase such items from the Store. 

    3.6  Promotional Activities.  MGI shall have the right to conduct gaming promotions from the Licensed
Premises. Such promotional activities may result in patrons being awarded: products or services
provided by Terrible Herbst in the ordinary course of said entity's business; products or services purchased by MGI from VONS; or such other products and services available from other persons or
entities as MGI may determine in its reasonable discretion. MGI may submit proposals to VONS from time-to-time regarding opportunities for joint promotional programs subject to
such further terms and conditions upon which the parties may subsequently agree. VONS shall have the right to agree to participate in such joint programs, or to decline to do so, within its sole
discretion. MGI shall comply with all applicable laws in regards to any such promotional activities and shall revise, limit, change or terminate any promotion in the event that VONS is of the opinion
that any particular promotional activity is harmful to its business, offensive to any of its customers, or otherwise should be revised, limited, changed or terminated. Except as may be expressly
undertaken hereafter, VONS shall have no responsibility to MGI or to any of the patrons of MGI for any such promotional activities, the conduct thereof, or the awarding of any prizes therefor. 

    3.7  Maintenance of Gaming Devices.  MGI warrants that it shall keep each Gaming Device and all
Incidental Equipment in good operating order and condition at all times and at its sole cost and expense. MGI shall regularly service, clean and maintain each Gaming Device and all Incidental
Equipment and shall promptly and at its sole expense repair or replace any faulty or defective parts or equipment. VONS shall allow MGI and its employees, contractors and agents reasonable access to
the Stores for the purpose of maintenance, repair, replacement, and removal of the Gaming Devices and the Incidental Equipment. 

    3.8  Maintenance of Licensed Premises.  MGI shall, at its sole cost and expense, keep each Licensed
Premises in good order and condition and in a clean and sanitary condition. If MGI fails to perform its obligations under this Section 3.8, VONS may at its option (but shall not be required
to), upon reasonable notice, enter upon the Licensed Premises and put the same in good order and condition and in a clean and sanitary condition, and the reasonable cost thereof shall be immediately
due and payable from MGI to VONS. VONS will continue to include the Licensed Premises in the sweeping of the Store floors on at least a daily basis. 

    3.9  Removal of Gaming Devices.  Upon expiration, termination or cancellation of this Agreement, and on
or before the effective date thereof, MGI shall remove all Gaming Devices and all Incidental Equipment. Any Gaming Devices and/or Incidental Equipment not removed within five (5) days from such
effective date may be removed from the Licensed Premises and placed into storage by VONS. Should VONS place any such items into storage, MGI shall be obligated to pay all costs of removal,
transportation and storage incurred by VONS (including, should VONS provide any one or more of these services itself, a reasonable sum for same) which MGI shall pay, or caused to be paid, in full
prior to the release of any Gaming Devices or any Incidental Equipment to MGI or any assignee, creditor, mortgagee or designee. 

    3.10  Property Status of Gaming Devices; Taxes.  

    (a) The
Gaming Devices and Incidental Equipment shall, for all purposes, be and remain MGI's personal property and shall not become real property. MGI will pay any
sales, use, excise, privilege or personal property taxes (or other taxes) or fees levied against any Gaming Devices and/or any item of
Incidental Equipment, based on the installations and/or operation of the Gaming Devices, or any of them, and/or the Incidental Equipment, or based upon the business activities of MGI. 

    (b) MGI
shall notify all appropriate taxing authorities of its mailing address for the purpose of receiving tax bills, notices and correspondence pertaining hereto. MGI
shall not use the address of any Store or any address of VONS for this purpose. 

    (c) MGI shall not be responsible for any real property taxes or other taxes levied upon the real estate on which each Store is located or levied upon the business
activities of VONS. 

    (d) MGI
may file financing statements, fixture filings, or similar documents as are reasonably necessary to protect its interest in the Gaming Devices against other
creditors of VONS. 

 
 

ARTICLE 4
  COMPENSATION    
  

    4.1  License Fees.  

    (a) MGI
shall pay to VONS a fixed, monthly license fee (hereinafter the "License Fee") for each Licensed Premises equal to RCT per that number of Gaming Devices
actually installed by MGI in each Store, which is within the Territory and located within a RCT radius from the intersection of Las Vegas Blvd. and Stewart Avenue in the City of Las Vegas, for any
particular month. For all other Licensed Premises located in Stores within the Territory, but outside of the above-mentioned RCT radius, MGI shall pay to VONS a fixed, monthly license fee (hereinafter
the "License Fee") equal to RCT per that number of Gaming Devices actually installed by MGI for any particular month. 

    (b) The
License Fee described in this section is based upon each Licensed Premises being open to the public on a twenty-four (24) hour per day basis,
however, MGI is aware that the Stores located at 1061 Owens Street and 3285 Las Vegas Blvd. Are not operated on a twenty-four (24) hour per day basis, and hereby agrees to
waive this requirement as it relates to those Stores only. Should VONS for any reason reduce the daily hours of operation of any Store or Stores to less than twenty-four (24), then
the License
Fee for any such Store or Stores shall be reduced by RCT until such time as VONS should decide to increase such hours of operation. 

    4.2  Due Date.  All fees required to be paid pursuant to Section 4.1, above, shall be paid on a
monthly basis in advance and shall begin to accrue and be due and payable on the Operational Date for each Licensed Premises. MGI shall commence paying the above License Fee to VONS on
September 1, 1998, regardless of the Effective Date hereof. 

    4.3  Abatement of Fees.  In addition to the abatement of License Fees described in section 3.3,
above, the License Fees for any particular Licensed Premises shall be abated, pro-rata, on the basis of a thirty (30) day month under the following circumstances: 

    (a) For
any casualty which results in the closure of a Store for one (1) or more days; 

    (b) For
any event of force majeure which results in the closure of a Store for one (1) or more days; and 

    (c) For
any order of court or of any governmental agency which results in the closure of a Store for one (1) or more days. 

    4.4  Reduced Fee for Remodeling.  Should VONS at any time during the term hereof remodel or otherwise
renovate any Store such that any one (1) or more major departments are temporarily closed to the public (excluding any closure of a pharmacy department), then the License Fee applicable to said
Store shall be reduced by RCT for so long as said major department(s) remain closed. Should any exterior remodel or renovation of the shopping center in which any Store is located result in obstructed
visual or actual access to any Store and a reduction of income to MGI from the Licensed Premises located within such Store, the parties shall mutually agree upon an appropriate reduction in the
License Fees to be paid by MGI during any such period of impaired access. 

    4.5  Proration Upon Termination.  Should any Licensed Premises be closed pursuant to the provisions of
this Agreement on any date other than the last day of a month except for a Default of MGI, the parties may agree upon a prorated License Fee to be paid for such final partial month, or VONS shall
reimburse to MGI a prorated amount of the full License Fee paid for such Licensed Premises for the month during which the closure occurs based upon the number of days remaining until the end of said
month. 

    4.6  Late Charge.  Payments made more than ten (10) days after the due date shall be assessed
interest at the rate of one percent (1.0%) per month, or the legal maximum, whichever is less. 

    4.7  Utilities.  VONS shall provide 110 volt electrical power necessary to operate the Gaming Devices and
Incidental Equipment and shall provide any required installations of conduit and outlets in order to provide each Licensed Premises with an adequate number of outlets. VONS shall provide the typical
and customary utility services to the Licensed Premises as same is generally available at each Store including lighting, heating, air conditioning and garbage collection. 

 
 

ARTICLE 5
  TERM AND RENEWAL    
  

    5.1  Term.  The initial term of this Agreement (the "Initial Term") shall be RCT commencing on the
Effective Date, as herein defined. 

    5.2  Option to Renew Term.  

    (a) MGI
shall have the right and the option, (provided that at the time of its exercise of the option to extend contained in this section 5.2 it is not in defaut
of a material provision of this Agreement) to extend the term for RCT after the Initial Term expires, on the same terms and conditions as the Initial Term, except that the License Fee shall be
increased as provided in subsection (b), below. Such option must be exercised by a written notice given to VONS at least RCT prior to the date of expiration of the Initial Term. After the exercise of
any option, all references in this Agreement to the "term" shall be deemed to mean the term as extended and all references to the termination,
cancellation, expiration or end of the term shall be deemed to mean the date of termination, cancellation, expiration or end of the term as extended. 

    (b) During
any such subsequent term, the License Fee to be paid pursuant to Section 4.1(a), above, shall be increased to RCT during RCT and RCT during RCT, per
that number of gaming devices actually installed by MGI in each Store for any particular month. 

 
 

ARTICLE 6
  REPRESENTATIONS AND WARRANTIES    
  

    6.1  Representations and warranties by VONS.  VONS represents and warrants that: 

    (a) It
is a corporation duly formed and validly existing under the laws of the State of Michigan and is duly authorized to conduct business in the State of Nevada. 

    (b) It
controls and operates each Store listed herein. 

    (c) To
the best of its actual knowledge, no action, authorization or consent of any other person or entity is required in connection with the execution, delivery and
performance by VONS of this Agreement and the consummation of the transactions described herein. 

    (d) It
expressly disclaims any representation or warranty that it is under any obligation to continuously operate any Store, or any portion thereof. 

    6.2  Representations and Warranties by MGI.  MGI represents and warrants that: 

    (a) It
is a corporation duly formed and validly existing under the laws of the State of Nevada and is duly authorized to conduct business in said State. 

    (b) It
shall, upon installation of the Gaming Devices, hold valid title to the Gaming Devices and all Incidental Equipment, either as the owner or as the lessee
thereof, and any and all related items of personal property used in the installation thereof and for purposes of carrying out the Program pursuant to this Agreement and that said property shall not be
subject to any security interest, lien or other encumbrance other than that of an equipment lessor or a purchase money secured lender. 

    (c) All Gaming Devices and all Incidental Equipment delivered to any Store under this Agreement shall comply with all applicable federal, state, county and city laws. 

    (d) It
shall become, and remain throughout the term hereof, duly licensed by the appropriate agencies of any Cities and/or Counties in which any Store(s) are located
and the State of Nevada for the conduct of gaming. 

    (e) It
currently does not possess Nevada gaming licenses from the State of Nevada for the Stores, but it shall exercise its reasonable best efforts to obtain same prior
to the Effective Date. 

 
 

ARTICLE 7
  INSURANCE AND INDEMNITY    
  

    7.1  Insurance to be Provided by MGI.  

    (a) MGI
shall, during the term of this Agreement, continuously maintain in force policies of commercial general liability, all risk property insurance, automobile
liability, and workers compensation insurance covering MGI's conduct and that of its employees, subcontractors and agents pursuant to this Agreement and all Gaming Devices and Incidental Equipment
owned or leased by MGI and which become subject to this Agreement. These policies shall provide coverage with limits not less than the minimum limits set forth, below, with financially responsible
insurers reasonably acceptable to VONS and licensed and authorized to do business in the State of Nevada. 

	(i) Commercial General Liability	 	Minimum Limits
	

Bodily Injury/Property	
 	

$2,000,000.00 per Damage occurrence or equivalent aggregate
	

This policy shall carry the following coverages:	
 	

 
	Premises/Operations	 	 
	Broad Form Blanket Contractual Liability,

(specifically covering the indemnity obligations set forth herein);	 	 
	Products and Completed Operations;	 	 
	Independent Contractors;	 	 
	Personal Injury Liability (with employee and contractual exclusions removed);	 	 
	Broad Form Property Damage;	 	 
	Advertising Liability; and	 	 
	Severability of Interests Clause	 	 
	
(ii) All Risk Property	
 	

Replacement Cost
	
(iii) Automobile	
 	

(Same as in § 7.1 (a)
	(Covering owned, non-owned and hired vehicles)	 	 
	
(iv) Workers' Compensation	
 	

 
	

Workers' Compensation	
 	

Statutory Limits
	Employer's Liability	 	(Same as in §7.1(a) (i))

    (b) The
foregoing policies shall be on a form reasonably acceptable to VONS, shall name VONS as an additional insured under the Commercial General Liability policy as
VONS's interests may appear, specifically covering MGI's indemnification obligations undertaken pursuant to this Agreement. The foregoing policies shall state that the insurance coverage is primary
and non- contributory as regards any other insurance carried by VONS. 

    7.2  Insurance to be Provided by VONS.  Subject to those insurance obligations required by any lease or
C. C. & R.'s affecting any Store, where VONS insures the Store, VONS shall continually keep insured the building of which each Licensed Premises are a part, and all structural portions thereof,
against, at a minimum, those risks covered in a fire policy with extended coverage. VONS may, at its option, fulfill the requirements of this Section 7.2 by a combination of primary (with
minimum limits of $1,000,000.00) and excess liability coverages. 

    7.3  Waiver of Subrogation.  VONS and MGI each waives any and all rights of recovery against the other,
or against the shareholders, partners, directors, officers, employees, agents, and representatives of the other, for loss of or damage to such waiving party or its property or the property of others
under its control, where such loss or damage is normally insured against by a fire policy with extended coverage but only to the extent that such other party is in compliance with the obligations
required of it under this Article 7 at the time of such loss or damage. Notwithstanding the foregoing, however, this section shall not be operative in any case where the effect thereof is to
invalidate or otherwise impair any insurance coverage applicable to any such loss or damage or to increase the cost thereof. 

    7.4  Certificates of Insurance.  Evidence of the insurance coverages described in this Article 7
represented by certificates of insurance in a form satisfactory to each party and issued by the respective insurers, shall be furnished to each party and shall specify the additional insured status
mentioned, above. Certificates shall state that both parties shall be notified in writing by the insurer at least thirty (30) days' prior to cancellation or material change in any.policy.
Renewal certificates of coverage shall be supplied to each party within thirty (30) days after the expiration date of any required coverage. 

    7.5  Self-Insured Retentions.  VONS maintains a comprehensive program which includes
self-insured retentions in addition to typical and customary insurance policies as well as blanket and umbrella policies. Notwithstanding any provision contained in this Agreement to the
contrary, VONS may, at its option, satisfy any or all of its obligations to insure with any such self-insured retentions, blanket policies, or umbrella policies, or any combination
thereof. For the purposes of this Agreement, the terms, "insurance" or "policies of insurance" shall be deemed to include within the meanings, thereof,
any such retentions. 

    7.6  Mutual Indemnification.  Each party (the "Indemnifying Party") shall at all times indemnify and hold
harmless the other party and said other party's successors, assigns, shareholders, partners, directors, officers, agents, affiliates, subsidiaries, parent company, and employees (collectively, the
"Indemnified Parties") from and against any and all liabilities, damages, penalties, settlements, judgments, orders, losses, costs, charges, attorneys' fees, and all other expenses and shall, further,
defend the Indemnified Parties from any and all claims, actions, suits, prosecutions, and all other legal and/or equitable proceedings resulting from or relating to (whether directly or indirectly)
any allegation (whether founded or unfounded and regardless of the nature or character thereof) regarding: (i) any negligent, willful, reckless, or wrongful act or omission of the Indemnifying
Party, its employees, representatives, contractors or agents; (ii) any breach of, or inaccuracy in, any representation and/or warranty made by the Indemnifying Party herein including, without
limitation, claims for personal injury, death or damage to property or other demands; (iii) any failure to perform by the Indemnifying Party, or any defect in said party's performance of, its
obligations and duties pursuant to this Agreement; or (iv) any alleged violation by the Indemnifying Party of any law, statute, regulation or ordinance. 

    7.7  Additional Indemnification by MGI.  MGI shall at all times indemnify and hold harmless VONS and
VONS's successors, assigns, shareholders, directors, officers, agents, affiliates, subsidiaries, parent company, and employees (collectively, the "Indemnified Parties") from and against any and all
liabilities, damages, penalties, settlements, judgments, orders, losses, costs, charges, attorneys' fees, and all other expenses and shall, further, defend the Indemnified Parties from any.and all
claims (including, without limitation, claims for personal injury, death or damage to property), demands, actions, suits,
prosecutions, and all other legal and/or equitable proceedings resulting from or relating to whether directly or indirectly) any allegation (whether founded or unfounded and regardless of the nature
or 

character thereof) regarding: (i) the use by MGI (or any of its employees, subcontractors or agents) or by any third person of the Licensed Premises; (ii) 'the conduct of the business of
MGI in the Licensed Premises; (iii) any criminal activity occurring'within the Licensed Premises; (iv) the sale, or provision of any product (excluding any product purchased from or
provided by VONS) and/or the sale or provision of any service by MGI (or any of its employees, subcontractors or agents) from the Licensed Premises; (v) any claim that any product (excluding
any product purchased from or provided by VONS) sold by MGI (or any of its employees, subcontractors or agents) from the Licensed Premises is unsafe or unfit for human use or consumption whether or
not such claim is raised by a private party or any governmental agency; or (vi) any claim that the Licensed Premises, any Gaming Device, any item of Incidental Equipment or any service or
product sold or otherwise provided therefrom by MGI (or any of its employees, subcontractors or agents) infringes upon any patent, trademark, service mark, copyright, exclusive license or
distributorship, or any form of trade secret or trade dress. 

    7.8  Notice of Claim of Indemnity.  Upon receiving notice or knowledge of any claim, event or loss for
which indemnity is sought hereunder, the party seeking indemnification shall tender the matter to the Indemnifying Party and cooperate with its defense as the Indemnifying Party- may reasonably
request, and permit the Indemnifying Party to defend, try, settle, or appeal such matter as such party shall determine. 

 
 

ARTICLE 8
  BREACH, DEFAULT AND TERMINATION    
  

    8.1  Cancellation Upon Default.  

    (a) This
Agreement may be cancelled immediately, and without recourse against MGI, should MGI not be issued any and all permits and licenses which are required by any
governmental agency for the installation or operation of the Gaming Devices before or within a reasonable period of time after execution hereof or should any such permit be suspended, revoked,
terminated or cancelled, or should any such permit expire during the term of this Agreement. 

    (b) This
Agreement may be cancelled by either party upon the Default of the other party. As used herein, the term, "Default" shall mean a breach continuing after any
and all applicable cure periods have expired without legal justification. Neither party shall be in Default unless such party fails to
perform any one (1) or more obligations required of it (in which case such party shall be deemed to be in breach of the Agreement) and, thereafter, and in response to a notice of breach from
the non-breaching party, the party in breach fails to remedy and cure such breach as provided herein. 

    (c) Upon
the occurrence of a breach of the Agreement, the non-breaching party shall provide a written notice of breach specifying those obligations which
the breaching party has failed to perform; which notice shall include a demand to immediately commence to cure such breach and to diligently prosecute such cure through to its completion. No breach
shall be deemed to become a Default unless and until said notice of breach has been delivered as provided in Section 9.2, below, and the breaching party has failed to cure the specified
breach(es) within: (i) ten (10) days for breaches consisting of a failure to remit funds which are fixed, due and owing; and (ii) thirty (30) days for all other categories
of breach; provided, however, that if the nature of the breach is such that more than thirty (30) days is reasonably required for performance and cure, then the breaching party shall not be in
Default if such party commences performance and cure within such thirty (30) day period and thereafter diligently prosecutes the same to completion. 

    (d) Upon
the Default by a party, the other party may, but shall not be required to, deliver a notice to the party in Default confirming the effective date of
cancellation of the Agreement. 

    8.2  Bankruptcy.  Anything in this Agreement to the contrary notwithstanding, in the event that MGI shall
become insolvent, bankrupt (including, without limitation, the filing of a voluntary or involuntary petition under any chapter of the Bankruptcy Code [Title 11 of the United States
Codes], or any comparable state law) or make any assignment for the benefit of creditors or if it or its interests hereunder shall be levied upon or sold under execution or other legal
process, or in the event MGI 

ceases business, or is taken over by the authority of the United States, or other governmental supervisory authority, VONS may terminate this Agreement unless to do so would require the consent of
such governmental authority or other supervisory authority, in which case VONS may terminate this Agreement upon obtaining such consent. 

    8.3  Partial Nullity.  This Agreement shall become partially null and be of no further force or effect
with respect to any one (1) or more Stores (the "Affected Licensed Premises") at any time or times (without liability to any party except for any liabilities previously accrued and outstanding)
upon the issuance of any order, rule or regulation of any regulatory agency or administrative body (including condemnation of a Store or Stores by right of eminent domain), or the decision or order of
any court of competent jurisdiction that is controlling or binding on such party prohibiting the installation, maintenance and/or use of the Gaming Devices by MGI, VONS or any of their customers or
otherwise affecting the installation, maintenance and/or use of the Gaming Devices so as to make continued use of the Affected Licensed Premises unreasonably unprofitable or undesirable to either
party. 

    8.4  Termination At Will.  

    (a) VONS
shall have the right to terminate this Agreement at any time as to any one (1) or more Stores upon providing not less than thirty (30) days prior
written notice to MGI and without liability should any owner or lessor of any such Store pursuant to any lease or C. C. & R.'s or any property management association exercising its authority
over any such Store pursuant to C.C.& R.'s prohibit the installation, maintenance or operation of any Gaming Devices or should any such person or entity assert that any lease, C.C.& R.'s or any other
agreement effecting the Store(s) prohibits or restricts the installation, maintenance or operation of any Gaming Devices in any such Store(s). 

    (b) VONS
shall have the right to terminate this Agreement at any time as to any one (1) or more Stores upon providing not less than thirty (30) days prior
written notice to MGI and without liability should the lease under which VONS operates any such Store expire or be terminated by the lessor or should economic or business factors require (as
determined by VONS in its sole discretion) the closure or sale of such Store. 

    (c) Should
VONS, or any successor-in-interest of VONS, change the format of any Store or Stores to a "non-supermarket" use, then MGI
shall have the right to terminate this Agreement, but only as to such Store or Stores, which right may be exercised in the sole discretion of MGI, provided VONS shall incur no liability as the result
of such termination. As used herein, the term "supermarket" is intended be a dynamic term reflecting the various changes in retailing methods, patterns and programs as same may be created, developed,
deleted or otherwise revised from time-to-time by VONS and (without limitation) other supermarket operators such as "Smiths", "Lucky", "Wal-Mart", etc. 

    8.5  Destruction or Condemnation.  Without limiting the effects described in Section 8.3, above,
and if during the term hereof any Store is damaged or destroyed by a fire or other casualty or is partially acquired or condemned by right of eminent domain for any public or quasi-public use or
purpose, this Agreement shall remain in full force and effect except that: in the event of such casualty, the License Fee for the affected Licensed Premises shall abate (except to the extent that such
fees are recoverable from insurance proceeds) pursuant to Section 4.3, above, from the date of destruction until the restoration and re-opening for business of the affected Store;
and in the event of a partial condemnation, the License Fee for the affected Licensed Premises shall abate equitably and proportionately from: the date of the physical taking in an amount upon which
the parties shall mutually agree according to the nature and extent of the taking of the affected Store and the affected Licensed Premises, if any. 

    8.6  Events Upon Termination.  Upon the expiration, termination or cancellation of the Agreement, MGI and
VONS will each assist the other party in an orderly conclusion hereof and the transfer of all assets herein described, tangible or intangible, as may be necessary for the orderly,
non-disruptive business continuation of MGI and VONS. Upon the expiration, termination or cancellation of this Agreement, MGI shall remove all Gaming Devices, all Incidental Equipment and
all of its other property from each Store as provided in Section 3.9, above, with all costs for removal of 

Gaming Devices, Incidental Equipment and any other property of MGI and any site restoration to be paid as follows: 

    (a) In
the event of an expiration of the Agreement at the end of the Initial Term or any Renewal Term, MGI shall bear all costs and expenses for the removal of all
Gaming Devices, Incidental Equipment and other property of MGI, and VONS shall bear all costs and expenses for site restoration except to the extent that any repairs to any Licensed Premises or Store
are necessitated as a result of the negligence or willful misconduct of MGI or its contractors; 

    (b) Upon
a cancellation based upon a Default of the Agreement, the party in Default shall be liable for any and all costs and expenses for removal of all Gaming
Devices, Incidental Equipment and other property of MGI and site restoration; 

    (c) Upon
a termination not based upon a Default of the Agreement, the party initiating the termination shall be liable for any and all costs and expenses for removal of
all Gaming Devices, Incidental Equipment and other property of MGI and site restoration. 

    8.7  Rights and Remedies.  Except as provided in Section 8.1(a), above, nothing contained in this
Agreement shall be construed so as to limit or in any way restrict the rights of any party to seek any legal and/or equitable relief or remedy to which such party may be entitled. 

 
 

ARTICLE 9
  GENERAL TERMS AND CONDITIONS    
  

    9.1  Force Majeure.  Each party hereto shall be excused from the performance of any services hereunder
for any period and to the extent that it is prevented from performing such service, in whole or in part, as a result of delays caused by the other party or an Act of God, war, civil disturbance, court
order, fire, explosion, strike, freight embargo, labor dispute, Act of any government, de jure or de facto, or any agency or official thereof, third-party nonperformance, default of manufacturer or
supplier as a subcontractor, or other cause beyond its reasonable control, including failures or fluctuations in electrical power, or other utilities or its related equipment, and such nonperformance
shall not be a breach hereunder or a ground for termination or cancellation hereof. 

    9.2  Notices.  

    (a) Whenever
under this Agreement provision is made for any payment, demand, notice or declaration of any kind, or where it is deemed desirable or necessary by either
party to give or serve any such notice, demand or declaration to the other party, it shall be in writing and served either personally, delivered to Federal Express or another reliable courier service
which provides written evidence of delivery, or sent by United States certified mail, return receipt requested, postage and any other fees prepaid, addressed to the party(ies) at the addresses set
forth below or at such address as either party may advise the other in writing from time-to-time. 

	To VONS at:	VONS

618 Michallinda Ave.

Arcadia, California 91007-6300

Attn.: Dave Lauffer
	

with a copy to:	

Safeway, Inc.

5918 Stoneridge Mall Road

Pleasanton, California 94588-3229

Attn: Real Estate Law
	

To MGI at:	

Market Gaming, Inc.

5195 Las Vegas Boulevard South

Las Vegas, Nevada 89119

Attn.: Sean T. Higgins

    (b) Notices
given hereunder shall be deemed to have been given on the date of personal delivery, the date the certified mail receipt is signed by the recipient, or two
(2) business days after delivery to a courier service. If the recipient fails or refuses to sign the certified mail receipt or refuses delivery by the courier, such notice shall be deemed to
have been given on the third business day After it has been properly sent or delivered to the courier. 

    9.3  Form and Construction.  The headings used in this Agreement are for convenience of reference only
and do not constitute substantive matter to be considered in construing the terms of this Agreement. As used in this Agreement the masculine gender shall include the feminine and the singular form of
words shall include the plural, or vice versa, as necessary in order that this Agreement may be interpreted so as to.conform with the subject matter actually existing. The language of this Agreement
shall be construed as a whole and not strictly for or against either of the parties regardless of who
drafted or was principally responsible for drafting this Agreement or any of its specific terms or conditions. 

    9.4  Binding Effect.  This Agreement is binding on and shall inure to the benefit of the parties and
their respective heirs, executors, administrators, legal representatives, successors and permitted assigns. 

    9.5  Severability.  If one or more of the provisions contained in this Agreement shall, for any reason,
be held unenforceable in any respect, its unenforceability shall not affect any other provision, and the Agreement shall be construed as if the unenforceable provision had never been included. 

    9.6  Other Instruments.  The parties agree that they will execute any additional instruments and
documents and perform any acts necessary or convenient to carry out the terms of this Agreement. 

    9.7  Counterparts.  This Agreement may be executed in any number of counterparts and each counterpart
shall be deemed an original for all purposes. 

    9.8  Entire Agreement.  This Agreement with any addenda hereto, the exhibits and schedules hereto and any
documents incorporated herein, represents the entire agreement between the parties with respect to the subject matter hereto, supersedes all other proposals, agreements, representations, and
covenants, oral or written, and any such prior agreements are hereby expressly terminated. Any modification to this Agreement, unless otherwise indicated herein, must be in writing and signed by both
parties. 

    9.9  Survival.  The provisions of Section 2.7 (c) and (d) ("License of Trade
Names"), Section 2.9 ("Expenses"), Section 3.9 ("Removal of Gaming Devices"), Section 7.3 ("Waiver of Subrogation"), Section 7. 6 ("Mutual Indemnification"),
Section 7.7 ("Additional Indemnification by MGI"), Section 8.6 ("Events Upon Termination"), Section 9.15 ("Attorneys' Fees") and Section 9.16 ("Governing Law") shall
survive the expiration or earlier cancellation or termination of the Agreement. 

    9.10  No Partnership.  Nothing contained in this Agreement shall be deemed or construed by the parties or
by any third party to create the relationship of principal and agent, partnership or joint venture, employer-employee or to create any association between the parties except as described herein.
Neither party shall have the power to obligate or bind the other party in any manner whatsoever. 

    9.11  No Third-Party Beneficiary.  Nothing contained in this Agreement, whether express or implied, is
intended to confer any right or remedy upon any person or entity other than the parties to this Agreement and their permitted successors and assigns. Nothing in this Agreement is intended to relieve
or discharge the obligation or liability of any third person or any party to this Agreement, and no
provision shall give any third party any right to subrogation or action over or "against any party to this Agreement. 

    9.12  Assigment.  MGI shall not assign, sublicense, subcontract or otherwise transfer this Agreement, in
whole or in part, or any rights, responsibilities, obligations, or licenses hereunder, without the prior, written consent of VONS, which consent shall not be unreasonably withheld. As one 

prerequisite to any such consent by VONS, the proposed transferee shall agree in writing to be fully bound by the duties and obligations of MGI under this Agreement. 

    9.13  Waiver.  A waiver or indulgence of any breach of any term, condition, covenant or warranty
contained in this Agreeient shall not be deemed or construed as a waiver of any other provisions, affect the validity of the remainder of this Agreement or constitute a waiver of any preceding or
succeeding breach of the same or any other provision hereof. A waiver of any right, provision or remedy by any party shall not be valid unless executed in writing by the party making such waiver. 

    9.14  Cumulative Remedies.  No remedy or election hereunder shall be deemed exclusive, but shall,
wherever possible, be cumulative with all other remedies at law or in equity. 

    9.15  Attorneys' Fees.  Should any litigation be commenced between the parties hereto or their personal
representatives concerning any provision of these Articles or the rights or duties of any persons in relation thereto, the party or parties prevailing in such litigation shall be entitled, in addition
to such other relief as may be granted, to a reasonable sum as and for their attorneys' fees in such litigation or in a separate action brought for that purpose. 

    9.16  Governing Law.  This Agreement, its interpretation, validity and the performance hereof shall be
governed by and construed in accordance with the laws of the State of Nevada. 

    9.17  Corporate Authority.  The parties to this Agreement represent that the signatories herebelow are
fully authorized and empowered by valid corporate resolution to execute this Agreement and bind the parties on whose behalf they sign same. 

    IN
WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written. 

	THE VONS COMPANIES, INC.	 	MARKET GAMING, INC.
	

	
 	

 
	/s/ GENEVIEVE DOUGHERTY   
 By: Genevieve Dougherty

Its: Asst. Vice President	 	/s/ EDWARD J. HERBST   
 EDWARD J.HERBST

PRESIDENT
	

	
 	

 
	/s/ JEROME P. HARRISON   
 By: Jerome P. Harrison

Its: Assistant Secretary	 	 

 
 

EXHIBIT "A"
  
    STORES    
  

	Store No.
 
	 	Gaming Devices
	 	Address
	 	City & Zip Code

	190	 	15	 	4020 E. Rainbow	 	L.V. 89102
	

191	
 	

15	
 	

2500 E. Desert Inn Road	
 	

L.V. 89121
	

192	
 	

25	
 	

4440 E. Charleston	
 	

L.V. 89104
	

193	
 	

15	
 	

1075 E. Twain	
 	

L.V. 89109
	

194	
 	

25	
 	

390 S. Decatur	
 	

L.V. 89107
	

195	
 	

25	
 	

600 W. Cheyenne	
 	

L.V. 89107
	

196	
 	

15	
 	

3325 Russell Road	
 	

L.V. 89108
	

198	
 	

20	
 	

4610 W. Sahara	
 	

L.V. 89102
	

199	
 	

15	
 	

625 Stephanie	
 	

Henderson 89014
	

390	
 	

15	
 	

475 E. Windmill	
 	

L.V.
	

392	
 	

15	
 	

7530 W. Lake Mead	
 	

L.V.
	

393	
 	

15	
 	

4854 W. Lone Mountain	
 	

L.V. 89130
	

394	
 	

15	
 	

2224 S. Nellis	
 	

L.V. 89104
	

395	
 	

15	
 	

1940 Village Center Circle	
 	

L.V.
	

396	
 	

15	
 	

1131 E. Tropicana	
 	

L.V. 89102
	

398	
 	

15	
 	

1061 W. Owens	
 	

N.L.V.
	

399	
 	

15	
 	

3258 Las Vegas Blvd. N.	
 	

N.L.V. 89030
	

511	
 	

15	
 	

2667 E. Windmill	
 	

Henderson 89014

 
 

EXHIBIT B    
  

Safeway
Store #1537

212 Elk Point Drive

Zephyr Cove, NV 89448 

Safeway
Store #4160

400 Dartmouth Avenue

Lovelock, NV 89419 

Safeway
Store #1517

890 West Williams

Fallon, NV 89406 

Safeway
Store #2247

2035 N. Carson Street

Carson City, NV 89701 

Safeway
Store #2255

Hwy 95 & Armory

Hawthorne, NV 89415 

Safeway
Store #2260

620 N. Mcarran Boulevard

Sparks, NV 89431 

Safeway
Store #1210

5150 Mae Anne Avenue

Reno, NV 89523 

Safeway
Store #1512

4823 Kietzke Lane

Reno, NV 89406 

QuickLinks

EXHIBIT 10.15

GAMING DEVICES LICENSE AGREEMENT

ARTICLE 1 DEFINITIONS

ARTICLE 2 ESTABLISHMENT OF PROGRAM

ARTICLE 3 INSTALLATION, MAINTENANCE AND RELOCATION

ARTICLE 4 COMPENSATION

ARTICLE 5 TERM AND RENEWAL

ARTICLE 6 REPRESENTATIONS AND WARRANTIES

ARTICLE 7 INSURANCE AND INDEMNITY

ARTICLE 8 BREACH, DEFAULT AND TERMINATION

ARTICLE 9 GENERAL TERMS AND CONDITIONS

EXHIBIT "A" STORES

EXHIBIT B

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