Document:

Statement of Conditions for License of Harrah's Star Partnership

 Exhibit 10.2 
 STATEMENT OF CONDITIONS TO RIVERBOAT GAMING LICENSE OF  
 HARRAH’S STAR PARTNERSHIP

 PNK DEVELOPMENT 8, LLC (“PNK 8”), PNK DEVELOPMENT 9, LLC (“PNK 9”), and PINNACLE ENTERTAINMENT, INC.
(collectively “Transferee”) and HARRAH’S STAR PARTNERSHIP (“HSP”), PLAYERS RIVERBOAT MANAGEMENT, LLC, PLAYERS RIVERBOAT II, LLC and HARRAH’S OPERATING COMPANY, INC (“Harrah’s”) hereby
expressly accept, agree and stipulate to the following conditions to the license of Harrah’s Star Partnership (“HSP” or “Licensee”) to conduct riverboat gaming operations, said license previously issued by the Louisiana
State Police, Riverboat Gaming Division and renewed by its successor, the Louisiana Gaming Control Board. As part of the approval of the transfer of ownership interest in HSP, Licensee and Transferee hereby agree to the following as additional
conditions on the HSP license: 
  

	1.	Within seventy-five (75) days of the approval of the transfer of interest, Licensee or Transferee shall submit for Board approval a detailed plan for rebuilding the operations
of Licensee. The submission shall include: 

  

	 	a.	a description of the plan and design of the riverboat, docking facilities and amenities of the proposed operation which shall include architectural renderings and conceptual
designs; 

  

	 	b.	a description of the proposed financing for the project which shall specify a minimum investment amount for the project and include all necessary supporting financial documents
identifying the sources and uses of the financing; 

  

	 	c.	a timeline for the proposed project which shall include estimates on construction time of the riverboat, docking facility and amenities and estimates on reopening the facility for
operation; 

  

	 	d.	a plan for the hiring of employees and achieving the goals set forth for employment and procurement in the existing Specific Economic and Procurement Conditions 6-10 for Licensee;
and 

  

	 	e.	a description of the berth site, if it is one other than the Licensee’s existing berth site. 

  

	2.	If the berth site is one other than the existing berth site, within seventy-five (75) days of the approval of the transfer of interest, Licensee or Transferee shall submit for
Board approval a Petition for Modification of Berth Site which shall include: 

  

	 	a.	all items described in Condition 1; 

  

	 	b.	a legal description of the proposed berth site and evidence of the legal right to use and operate on that berth site; and 

	 	c.	an economic impact study analyzing the relevant geographic gaming market and the impact of the proposed project on that market. 

  

	3.	To have any request for relief, extension of time or modification of a condition presented to the Louisiana Gaming Control Board (“LGCB”) for resolution by the LGCB in its
sole and absolute discretion. Such request shall be in writing stating with specificity the need for the extension or modification and shall be filed with the LGCB at least seven (7) days prior to the Board meeting at which the request will be
considered. Any written request for an extension of time must be filed with the LGCB and considered by the LGCB prior to the lapse of the time period sought to be extended. 

  

	4.	To report promptly in writing to the LGCB any failure to comply with these conditions. 

  

	5.	If the Licensee fails to make a timely submission or fails to request and receive an extension of time for any submission or makes an incomplete submission, the LGCB may issue a
Notice of Failure to Comply to Licensee and afford Licensee, Harrah’s, PNK 8, PNK 9 and Pinnacle Entertainment, Inc. a thirty (30) calendar day opportunity to cure the default. Following the thirty (30) day cure period, if
the LGCB determines, in its sole and absolute discretion, that the default has not been cured, then, ipso facto, and without any further action by the LGCB., any and all privileges to the License shall be deemed to be and will be surrendered.
The Licensee shall execute any documents the LGCB deems appropriate and necessary to effectuate such surrender. In connection with any surrender, Licensee, Harrah’s Operating Company, PNK 8, PNK 9 and Pinnacle Entertainment, Inc
expressly waive any right to seek relief from any state or United States court, including the Nineteenth Judicial District Court, pursuant to such court’s original jurisdiction. 

  

	6.	Any subsequent request for an approval of a transfer of interest in Licensee will not be approved by the LGCB unless the proposed transferee agrees, in writing, to all conditions
set forth herein and demonstrates to the satisfaction of the LGCB the ability to satisfy all conditions. 

  

	7.	All reports or any request for relief or extension of time shall be signed and certified by an officer of Licensee or Pinnacle Entertainment, Inc. and delivered to:

  

	 	a.	Louisiana Gaming Control Board, 9100 Bluebonnet Centre Blvd., Suite 500, Baton Rouge, LA 70809 

  

	 	b.	Louisiana State Police, Gaming Audit Division, Corporate Securities, 7919 Independence Blvd., A-17, Baton Rouge, LA 70806 

  

	 	c.	Louisiana State Police, Gaming Enforcement Division, 7919 Independence Blvd., A-21, Baton Rouge, LA 70806 

  

	 	d.	Office of the Attorney General, Gaming Division, 1885 North 3rd Street, Livingston Building, 5th Floor, Baton Rouge, LA 70802 

  

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 These conditions supplement all existing conditions on the License which remain in full force and effect unless otherwise
modified by the LGCB. 
 The foregoing Statement of Conditions to Riverboat Gaming of Harrah’s Star Partnership is hereby acknowledged and accepted and
the parties, through their duly authorized representatives, agree to and are bound by the conditions as provided herein. 
  

									
		 		 	
			
	 /s/ Anthony Sanfilippo
	 		 	 /s/ Wade W. Hundley

	 HARRAH’S STAR PARTNERSHIP
	 		 	 PINNACLE ENTERTAINMENT, INC.

	 by:
	 	 Players Riverboat Management, LLC
 Managing Partner
	 		 		 	
	 by:
	 	 Players Holding, LLC
	 		 	 /s/ Wade W. Hundley

		 	 Sole Member
	 		 	 PNK DEVELOPMENT 8, LLC

	 by:
	 	 Players International, LLC
	 		 	 by:
	 	 Pinnacle Entertainment, Inc.

		 	 Sole Member
	 		 		 	 its Sole Member

	 by:
	 	 Harrah’s Operating Company, Inc.
	 		 		 	
		 	 Sole Member
	 		 		 	
		 		 		 	 /s/ Wade W. Hundley

	 /s/ Anthony Sanfilippo
	 		 	 PNK DEVELOPMENT 9, LLC

	 HARRAH’S OPERATING COMPANY, INC
	 		 	 by:
	 	 Pinnacle Entertainment, Inc.
 its Sole Member

  

 - 3 -Cert of Incorporation

 CERTIFICATE OF INCORPORATION 
 OF 
 AUTOVAXID, INC. 
  

 In compliance with Chapter 607
and/or Chapter 621, F.S. (Profit) 
 ARTICLE 1 — NAME 
 The name of the corporation is: AUTOVAXID, INC. 
 ARTICLE 2 – PRINCIPAL
OFFICE 
 The address of the corporation’s principal office in the State of Florida is: 
 324 South Hyde Park Avenue, Suite 350, Tampa, Florida 33606 
 ARTICLE 3 — PURPOSE 
 The purpose of the corporation is to engage in any lawful act or activity
for which corporations may be organized under the Florida Corporation Law. 
 ARTICLE 4 — AUTHORIZED CAPITAL 
 The corporation shall be authorized to issue the following shares: 
  

	 	a.	Aggregate Shares. The maximum number of shares of stock which the corporation shall have the authority to issue is TWENTY-FIVE MILLION (25,000,000), of which TWENTY MILLION
(20,000,000) shares, $.01 par value per share, shall be common stock (“Common Stock”), and FIVE MILLION (5,000,000) shares, $.01 par value per share, shall be preferred stock (“Preferred Stock”).

  

	 	b.	Rights and Preferences. A statement of the designations, powers, preferences and rights, and the qualifications and restrictions thereof, in respect of each class of capital stock
is as follows: 

  

	 	1.	Common Stock 

  

	 	(i)	Preemptive rights. Shares of Common Stock shall not have any preemptive rights, unless otherwise granted pursuant to a written agreement of the corporation;

  

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	 	(ii)	Dividends and Distributions. No payment of dividends or distributions shall be made to the holders of shares of Common Stock unless and until the holders of shares of Preferred
Stock receive any preferential amounts to which they are entitled under this Article or in the resolution or resolutions providing for the issue of shares of preferred stock. Subject to the limitation set forth in the preceding sentence of this
subparagraph and except as otherwise provided by this Certificate of Incorporation or in the resolution or resolutions providing for the issue of shares of Preferred Stock, the holders of shares of Common Stock shall be entitled to receive such
dividends and distributions as may be declared upon such shares of Common Stock, from time to time by a resolution or resolutions adopted by the Board of Directors; 

  

	 	(iii)	Voting Rights. All holders of Common Stock shall be entitled to notice of any stockholders’ meeting. Subject to the provisions of any applicable law and except as otherwise
provided in this Certificate of Incorporation or by the resolution or resolutions providing for the issue of shares of Preferred Stock, all voting rights shall be vested solely in the Common Stock. The holders of shares of Common Stock shall be
entitled to vote upon the election of directors and upon any other matter submitted to the stockholders for a vote. Each share of Common Stock issued and outstanding shall be entitled to one noncumulative vote. A fraction of a share of Common Stock
shall not be entitled to any voting rights whatsoever; and 

  

	 	(iv)	Liquidation, Dissolution or Winding Up. Except as otherwise provided in this Certificate of Incorporation and subject to the rights of holders, if any, of Preferred Stock to receive
preferential liquidation distributions to which they are entitled under this Article or under the resolution or resolutions providing for the issue of shares of preferred stock, in the event of any liquidation, dissolution or winding up of the
corporation, whether voluntary or involuntary, after payment or provision for payment of the debts and liabilities of the corporation, all assets of the corporation shall be shared pro rata among the holders of the Common Stock.

  

	 	2.	Preferred Stock The Board of Directors of the Corporation is hereby expressly authorized at any time, and from time to time, to provide for the issuance of shares of preferred stock
in one or more series, with such voting powers, full or limited, or no voting powers, and with such designations, preferences and relative participating, optional or other rights, and qualifications or restrictions thereof, as shall be stated and
expressed in the resolution or resolutions providing for the issue thereof adopted by a majority of the Board of Directors then in office. 

  

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	 	3.	Consideration. Except as otherwise provided in this Certificate of Incorporation or by applicable law, the Corporation’s capital stock, regardless of class, may be issued for
such consideration and for such corporate purposes as the Board of Directors may from time to time determine by a resolution or resolutions adopted by a majority of the Board of Directors then in office. 

 ARTICLE 5 — DIRECTORS 
 The
number of directors of the corporation shall be such as from time to time shall be fixed by resolution of the board of directors or as otherwise provided in the by-laws of the corporation. Election of directors need not be by written ballot unless
the by-laws so provide. The corporation’s board of directors is authorized to adopt, amend or repeal the corporation’s by-laws. Directors shall be elected to one-year terms. At each annual meeting of stockholders, all directors shall be
chosen for a one-year term to succeed those whose terms expire. Any vacancy in the board resulting from the death, resignation or retirement of a director, or any other cause shall be filled by a majority vote of the remaining directors, though less
than a quorum, for a term corresponding to the unexpired term of his predecessor in office. Any or all of the directors of the corporation may be removed from office at any time, but only for cause. Each director shall hold office until the
expiration of the term for which he is elected and until his successor is elected and qualified, or until his earlier resignation or removal. 
 The corporations initial Board of Directors shall be as follows: 
 Steven Arikian, M.D. 
 Francis E. O’Donnell, Jr., M.D. 
 Martin
Baum 
 Nicholas Leb 
 Robert
Weiss 
 Raphael Mannino, Ph.D. 
 Peter Pappas, Sr. 
 Chris Chapman, M.D. 
 Jeffrey Scott, M.D. 
 John Sitilides 
 The address of all Directors shall be c/o AutovaxID Inc., 324 South Hyde Park Avenue, Suite 350, Tampa, Florida 33606. 
 ARTICLE 6 – REGISTERED AGENT 
 The name and Florida street address of the corporation’s registered agent is: 
 James A. McNulty, CPA 
 c/o AUTOVAXID, Inc. 
 324 South Hyde Park Avenue

 Suite 350 
 Tampa, Florida 33606

  

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 ARTICLE 7 – INCORPORATOR 
 The name and address of the Incorporator is: James A. McNulty, CPA, 324 South Hyde Park Avenue, Suite 350, Tampa, Florida 33606. 
 ARTICLE 8 — INDEMNIFICATION 
 To
the fullest extent permitted by the Corporation Law of the State of Florida, as the same may be amended or supplemented, or by any successor thereto, indemnify, the corporation shall indemnify, reimburse and advance to any and all persons whom it
shall have the power to indemnify under such Sections from and against any and all of the expenses, liabilities or other matters referred to in or covered by said Sections. Notwithstanding the foregoing, the indemnification provided for in this
Article shall not be deemed exclusive of any other rights to which those entitled to receive indemnification or reimbursement hereunder may be entitled under any by-laws of the corporation, agreement, vote of stockholders or disinterested directors
or otherwise. 
 ARTICLE 9 — LIABILITY OF DIRECTORS 
 No director of the corporation shall be personally liable to the corporation or any of its stockholders for monetary damages for breach of fiduciary duty as a director, except for liability (i) for any breach of
the director’s duty of loyalty to the corporation or its stockholders, (ii) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (iii) for any transaction from which the
director derived an improper personal benefit, it being the intention of the foregoing provision to eliminate the liability of the corporation’s directors to the corporation or its stockholders to the fullest extent permitted by Florida law. If
the Florida Corporation law hereafter is amended to authorize the further elimination or limitation of the liability of directors, then the liability of a director of the corporation, in addition to the limitation on personal liability provided
herein, shall be limited to the fullest extent permitted by the amended Florida Corporation Law. Any repeal or modification of this paragraph by the stockholders of the corporation shall be prospective only, and shall not adversely affect any
limitation on the personal liability of a director of the corporation existing at the time of such repeal or modification. 
 IN WITNESS
WHEREOF, I have executed this Certificate of Incorporation on this 4th day of August, 2006. 
  

	
	 /s/ James A. McNulty

	James A. McNulty, CPA
	Incorporator

 Having been named as registered agent to accept service of process for the above stated corporation at the
place designated in this certificate, I am familiar with and accept the appointment as registered agent and agree to act in this capacity. 
  

	
	 /s/ James A. McNulty

	James A. McNulty, CPA
	Registered Agent

  

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