Document:

Exhibit 10.3

SWINGLINE NOTE

	
  $10,000,000.00

  	
   

  	
  September 22, 2006

  

FOR VALUE RECEIVED, the undersigned, MTR GAMING GROUP, INC., a
Delaware corporation, MOUNTAINEER PARK, INC., a West Virginia corporation,
SPEAKEASY GAMING OF LAS VEGAS, INC., a Nevada corporation, PRESQUE ISLE DOWNS, INC., a Pennsylvania
corporation, SCIOTO DOWNS, INC., an Ohio corporation and SPEAKEASY
GAMING OF FREMONT, INC., a Nevada corporation
(collectively the “Borrowers”) jointly and severally promise to pay to the
order of WELLS FARGO BANK, National Association (the “Swingline Lender”) at its
principal office at 5340 Kietzke Lane, Suite 201, Reno, Nevada 89511,
Attention: Stephen Buntin, Senior Vice President, Commercial Banking Division,
or at such other location as may be directed from time to time by Swingline
Lender by written notice to Borrowers, the principal sum of Ten Million Dollars
($10,000,000.00) or, if less, the aggregate unpaid principal amount of all
Swingline Advances (as defined in the Credit Agreement, hereinafter defined)
made by the Swingline Lender to or for the benefit of Borrowers pursuant to the
Credit Agreement, in the manner and at the times set forth in Section 2.08
of the Credit Agreement and, in any event, on or before ten (10) days prior to
the Maturity Date.  Capitalized terms
used herein and not otherwise defined shall have the meanings ascribed thereto
in the Credit Agreement.

Borrowers also promise to pay
interest on the unpaid principal amount hereof from time to time outstanding from
the date of each Swingline Advance until repaid at the Base Rate plus the
Applicable Margin, and on the dates specified in the Credit Agreement and in
any event on or before ten (10) days prior to the Maturity Date.

Payments of both principal and
interest are to be made in lawful money of the United States of America in same
day or immediately available funds.

This Swingline Note is the
Swingline Note described in, and is subject to the terms and provisions of that
certain Fifth Amended and Restated Credit Agreement dated concurrently
herewith, executed by and among Borrowers, Lenders, Swingline Lender, L/C
Issuer and Agent Bank, as described and defined therein (as amended, modified,
supplemented or restated from time to time, the “Credit Agreement”) and payment
of this Swingline Note is secured by the Security Documentation.  Reference is hereby made to the Credit
Agreement for a statement of the rights and obligations of the Borrowers, a
description of the properties mortgaged and assigned, the nature and extent of
the collateral security and the rights of the parties to the Security
Documentation in respect of such collateral security, and for a statement of
the terms and conditions under which the due date of this Swingline Note may be
accelerated.  Upon the occurrence and

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continuance of any Event of Default as specified in
the Credit Agreement, the principal balance hereof and the interest accrued
hereon may be declared to be forthwith due and payable.

In addition to and not in
limitation of the foregoing and the provisions of the Credit Agreement, the
Borrowers further agree, subject only to any limitation imposed by applicable
law, to pay all expenses, including reasonable attorneys’ fees and legal
expenses, incurred by the Swingline Lender following the occurrence and during
the continuance of an Event of Default in endeavoring to collect any amounts
payable hereunder which are not paid when due, whether by acceleration or
otherwise.

All parties hereto, whether as
makers, endorsers, or otherwise, severally waive presentment for payment,
demand, protest and notice of dishonor.

This Swingline Note is issued
under, and subject to, the terms, covenants and conditions of the Credit
Agreement, which Credit Agreement is by this reference incorporated herein and
made a part hereof.

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IN WITNESS WHEREOF, this
Swingline Note has been executed as of the date first hereinabove written.

 

	
  

  	
   

  	
  BORROWERS:

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  MTR GAMING GROUP, INC.,

  a Delaware corporation

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By

  	
   

  	
  /s/ Edson R. Arneault

  
	
   

  	
   

  	
   

  	
   

  	
  Edson R. Arneault,

  President

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  MOUNTAINEER PARK, INC.,

  a West Virginia corporation 

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By

  	
   

  	
  /s/ Edson R. Arneault

  
	
   

  	
   

  	
   

  	
   

  	
  Edson R. Arneault,

  President

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  SPEAKEASY GAMING OF LAS VEGAS, INC.,

  a Nevada corporation 

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By

  	
   

  	
  /s/ Edson R. Arneault

  
	
   

  	
   

  	
   

  	
   

  	
  Edson R. Arneault, 

  President

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  PRESQUE ISLE DOWNS, INC.,

  a Pennsylvania corporation 

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By

  	
   

  	
  /s/ Edson R. Arneault

  
	
   

  	
   

  	
   

  	
   

  	
  Edson R. Arneault,

  President

  
	
   

  	
   

  	
   

  	
   

  	
   

  

 

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  SCIOTO DOWNS, INC.,

  an Ohio corporation 

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By

  	
   

  	
  /s/ Edson R. Arneault

  
	
   

  	
   

  	
   

  	
   

  	
  Edson R. Arneault,

  Vice President

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  SPEAKEASY GAMING OF FREMONT, INC.,

  a Nevada corporation

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By

  	
   

  	
  /s/ Edson R. Arneault

  
	
   

  	
   

  	
   

  	
   

  	
  Edson R. Arneault,

  President

  

 

 Page 4 of 4EXHIBIT 10.9

CONSENT
TO ASSIGNMENT

This Consent to
Assignment (the “Consent”) is given as of this 7th day of August,
2006 by Blackhawk BioFuels, LLC (“Blackhawk Biofuels”).

RECITALS: 
REG, LLC (f/k/a Renewable Energy Group, LLC) entered into an Agreement for
Pre-Construction Services dated April 26, 2006 with Blackhawk Biofuels with
respect to the construction of its biodiesel facility located in Freeport,
Illinois (the “Agreement”).

REG, LLC, InterWest,
L.C., and West Central Cooperative joined their forces to expand upon their
biodiesel construction, management and marketing efforts by creating Renewable
Energy Group, Inc. (“REG, Inc.”) on July 31, 2006.  In order to be continuing to fulfill the
obligations under the Agreement, Renewable Energy Group, Inc. would desire to
confirm Blackhawk Biofuels’ consent to an assignment of REG, LLC’s rights in
the Agreement to REG, Inc.

Performance of the
Agreement will continue under the same leadership and personnel, supported by
the same strategic partners as were involved previously under REG, LLC.  By signature hereto, Renewable Energy Group,
Inc. assumes and agrees to perform and discharge all obligations as set forth
in the Agreement previously entered into by REG, LLC with Blackhawk Biofuels.

	
  REG, LLC (f/k/a Renewable Energy Group, LLC)

  	
   

  	
  RENEWABLE ENERGY GROUP, INC.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By

  	
  /s/ Nile Ramsbottom

  	
   

  	
  By 

  	
  /s/ Jeffrey Stroburg

  
	
   

  	
  Nile Ramsbottom, President

  	
   

  	
   

  	
  Jeffrey Stroburg, CEO

  

 

CONSENT TO ASSIGNMENT

Blackhawk Biofuels, LLC hereby
consents to the assignment of the Agreement to Renewable Energy Group, Inc.

	
   

  	
  BLACKHAWK BIOFUELS, LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By

  	
  /s/ Ronald Mapes

  	
  Chairman

  
	
   

  	
   

  	
   

  	
  (Title)EXHIBIT
10.10

 

CONSENT TO ASSIGNMENT

Management and Operational Services Agreement

 

This Consent to
Assignment (the “Consent”) is given as of this 27th day of October,
2006 by Blackhawk BioFuels, LLC (“Blackhawk Biofuels”).

RECITALS:  West
Central Cooperative entered into a Management and Operational Services
Agreement dated August 4, 2006, with Blackhawk Biofuels providing for
assistance in the management and operation of its biodiesel facility located at
Freeport, Illinois (“Agreement”).

REG, LLC, InterWest,
L.C., and West Central Cooperative joined their forces to expand upon their
biodiesel construction, management and marketing efforts by creating Renewable
Energy Group, Inc. (“REG, Inc.”) on July 31, 2006.  In order to be continuing to fulfill the obligations
under the Agreement, Renewable Energy Group, Inc. would desire to confirm
Blackhawk Biofuels’ consent to an assignment of West Central Cooperative’s
rights in the Agreement to Renewable Energy Group, Inc.

Performance of the
Agreement will continue under the same leadership and personnel, supported by
the same strategic partners as were involved previously under West Central
Cooperative.  By signature hereto,
Renewable Energy Group, Inc. assumes and agrees to perform and discharge all
obligations as set forth in the Agreement previously entered into by West
Central Cooperative with Blackhawk Biofuels.

	
  WEST CENTRAL COOPERATIVE

  	
   

  	
  RENEWABLE ENERGY GROUP, INC.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By

  	
  /s/ Jeffrey Stroburg

  	
   

  	
  By 

  	
  /s/ Nile Ramsbottom

  
	
   

  	
  Jeffrey Stroburg, CEO

  	
   

  	
   

  	
  Nile Ramsbottom, President

  

 

CONSENT TO ASSIGNMENT

Blackhawk Biofuels hereby
consents to the assignment of the Agreement to Renewable Energy Group, Inc.

	
   

  	
  BLACKHAWK BIOFUELS, LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By

  	
  /s/ Ronald Mapes

  	
  Chairman

  
	
   

  	
   

  	
   

  	
  (Title)

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