Document:

Amended and Restated Enviromental Indemnity

 Exhibit 10.5 
  
 AMENDED AND RESTATED 
 ENVIRONMENTAL INDEMNITY 
  
 THIS AMENDED AND
RESTATED ENVIRONMENTAL INDEMNITY AGREEMENT (this “Indemnity”) is entered into as of the 22nd day of February, 2005, by LAS VEGAS SANDS, INC., a Nevada corporation (“LVSI”), VENETIAN CASINO RESORT, LLC, a Nevada limited liability
company (“VCR”), LIDO CASINO RESORT, LLC, a Nevada limited liability company (“LCR”, jointly and severally with LVSI and VCR, the “Company”), to and for the benefit of THE BANK OF NOVA SCOTIA, as administrative agent
(the “Administrative Agent”) for itself and the other agents and lenders under the Credit Agreement referred to below. 
  
 W I T N E S S E T H: 
  
 A. LVSI and VCR have heretofore entered into that certain Credit Agreement dated as of August 20, 2004 (the “Existing Agreement”) with the
Administrative Agent, Goldman Sachs Credit Partners L.P. (“GSCP”), as syndication agent, sole lead arranger and sole bookrunner, certain financial institutions as lenders and other parties, pursuant to which such lenders extended certain
senior credit facilities to Borrowers. Repayment of the loans made pursuant to the Existing Agreement and performance of the other obligations of Borrowers thereunder have been secured in part by that certain Environmental Indemnity given by the
Company dated as of August 20, 2004 (the “Environmental Indemnity”). 
  
 B. LVSI, VCR, The Bank of Nova Scotia, in its capacity as Administrative Agent and as joint lead arranger and joint bookrunner, GSCP as syndication agent, joint lead arranger and joint bookrunner, and Commerzbank AG,
The CIT Group\Equipment Financing, Inc. and Wells Fargo Foothill, Inc., as documentation agents (the “Documentation Agents”) (the Administrative Agent, GSCP, the Documentation Agents and any other agent appointed under the Credit Agreement
(as defined below), each an “Agent” and together the “Agents”), and the financial institutions from time to time party thereto (the “Lenders”) have entered into an Amended and Restated Credit Agreement (as modified,
amended or supplemented from time to time, the “Credit Agreement”) which amends and restates in its entirety the Existing Agreement. 
  
 C. The loans made pursuant to the Credit Agreement (the “Loans”) are secured in part by (i) that certain Amended and Restated Deed of Trust of
even date herewith executed by LVSI and VCR, as trustor, to First American Title Insurance Company, as trustee, in favor of the Administrative Agent on behalf of the Lenders, as beneficiary, (ii) that certain Amended and Restated Deed of Trust of
even date herewith executed by the LCR, as trustor, to First American Title Insurance Company, as trustee, in favor of the Administrative Agent on behalf of the Lenders, as beneficiary, and (iii) such other deeds of trust that may be entered into by
the Company for the benefit of Administrative Agent on behalf of the Lenders (the “Deeds of Trust”) which Deeds of Trust encumber the real property described on Exhibit A attached hereto (the “Real Property”), and the
improvements now or hereafter constructed thereon (which improvements, together with the Real Property, shall hereinafter be referred to as the “Property”). 
  

 D. The Company desires to amend and restate the Environmental Indemnity in its entirety to expressly
acknowledge and affirm the continuing effectiveness of the Environmental Indemnity, as amended and restated hereby, under and pursuant to the Credit Agreement. 
  

E. The Lenders have made it a condition of the Lenders making the Loans that this Indemnity be executed and delivered by the Company. 
  
 F. The obligations of the Company hereunder are unsecured obligations of the
Company. 
  
 NOW, THEREFORE, in consideration of the foregoing and
other valuable consideration, the receipt of which is hereby acknowledged, the Company covenants and agrees to and for the benefit of the Agents and the Lenders, and hereby amends and restates the Environmental Indemnify, as follows: 
  
 1. Definitions. 
  
 (a) “Claims” means any and all actual
out-of-pocket costs incurred by an Indemnified Party (as defined below) (including, without limitation, reasonable attorneys’ fees and expenses, which fees and expenses shall include, without limitation, fees and expenses of both outside and
staff counsel), expenses, losses, damages, liabilities, fines, penalties, charges, injury to person, property, or natural resources, administrative and judicial proceedings and orders, injunctive relief, judgments, remedial action requirements and
enforcement actions of any kind, arising directly or indirectly, in whole or in part, out of or attributable to (i) any breach or default by the Company in the performance of any of its obligations under paragraphs 3(a)-(d) hereof, or (ii) any
Release (as defined below) or threatened Release, whether foreseeable or unforeseeable, arising prior to any release, reconveyance or foreclosure of any Deed of Trust (or following any such release, conveyance or foreclosure to the extent
attributable to pre-existing conditions), or conveyance in lieu of foreclosure; and in each instance, regardless of when such Release, inaccuracy or breach is discovered and regardless of whether or not caused by or in the control of the Company,
any employees, agents, contractors or subcontractors of the Company or any third persons. Without limiting the generality of the foregoing and for purposes of clarification only, Claims also include: 
  
 (i) actual out-of-pocket costs reasonably incurred by an
Indemnified Party in connection with (x) determining whether the Property is in compliance with all applicable Hazardous Substances Laws (as hereinafter defined), (y) taking any necessary precautions required by Hazardous Substances Law to protect
against any Release or threatened Release, or (z) any removal, remediation of any kind and disposal of any Hazardous Substances (as hereinafter defined) required by Hazardous Substances Law, and 
  
 (ii) any repair of any damage to the Property or any other
property caused by any such precautions, removal, remediation or disposal, except damage caused by or resulting from the gross negligence or willful misconduct of any of the Indemnified Parties. 
  

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 The rights of the Indemnified Parties hereunder shall not be limited by any investigation or the scope of
any investigation undertaken by or on behalf of the Agents or Lenders in connection with the Property prior to the date hereof. Notwithstanding the foregoing, Claims shall exclude any Release caused by or resulting from the negligence or misconduct
of any of the Indemnified Parties. 
  
 (b)
“Hazardous Substances” means and includes any flammable explosives, radioactive materials or hazardous, toxic or dangerous wastes, substances or related materials or any other chemicals, materials or substances, exposure to which is
prohibited, limited or regulated by any federal, state, county, regional or local authority or which, even if not so regulated, may or could pose a hazard to the health and safety of the occupants of the Property or of property adjacent to the
Property, including, but not limited to, asbestos, PCBs, petroleum products and byproducts (including, but not limited to, crude oil or any fraction thereof, natural gas, natural gas liquids, liquefied natural gas, or synthetic gas usable for fuel,
or any mixture thereof), substances defined or listed as “hazardous substances,” “hazardous materials,” “hazardous wastes” or “toxic substances” or similarly identified in, pursuant to, or for purposes of, any
of the Hazardous Substances Laws, including, without limitation, the Comprehensive Environmental Response, Compensation, and Liability Act, as now or hereafter amended (42 U.S.C. Section 9601, et seq); the Hazardous Materials
Transportation Act, as now or hereafter amended (49 U.S.C. Section 1801, et seq); the Resource Conservation and Recovery Act, as now or hereafter amended (42 U.S.C. Section 6901, et seq); any so-called
“Superfund” or “Superlien” law; or any other federal, state or local statute, law, ordinance, code, rule, regulation, order or decree regulating, relating to or imposing liability or standards of conduct concerning any hazardous,
toxic or dangerous waste, substance or material; or any substances or mixture regulated under the Toxic Substance Control Act of 1976, as now or hereafter amended (15 U.S.C. Section 2601 et seq); and any “pollutant” under the
Clean Water Act, as now or hereafter amended (33 U.S.C. Section 1251 et seq); and any hazardous air pollutant under the Clean Air Act (42 U.S.C. Section 7901 et seq), in each case as now or hereafter amended. 

 
 (c) “Hazardous Substances Laws” means
all federal, state and local environmental, health or safety laws, ordinances, regulations, rules of common law or policies regulating Hazardous Substances, including, without limitation, those governing the generation, use, refinement, handling,
treatment, removal, storage, production, manufacture, transportation or disposal of Hazardous Substances, as such laws, ordinances, regulations, rules and policies may be in effect from time to time and be applicable to the Property. 
  
 (d) “Indemnified Parties” means each Agent
and Lender and each of their respective directors, officers, shareholders, agents, employees, participants, successors and assigns and shall also include any purchasers of all or any portion of the Property at any foreclosure sale and the initial
purchaser following the consummation of any deed in lieu of foreclosure, but not including any other purchasers of the Property. 
  
 (e) “Release” means any presence, use, generating, storing, spilling, leaking, pumping, pouring, emitting, emptying,
discharging, injecting, escaping, leaching, dumping or disposing of Hazardous Substances into the environment, or about, on, from, under, within or affecting the Property, or transported to or from the Property, including continuing migration of
Hazardous Substances into or through soil, surface water or groundwater. 
  

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 2. Environmental Indemnification by the Company. 
  
 (a) The Company hereby agrees to defend (with counsel
reasonably approved by the Administrative Agent), indemnify and hold the Indemnified Parties harmless from and against, and shall reimburse the Indemnified Parties for, any and all Claims. 
  
 (b) Indemnified Parties shall have the right to employ
independent counsel reasonably satisfactory to the Company to represent it in any action or proceeding to which this Indemnity is applicable if and to the extent that the Indemnified Parties determine in good faith that their rights and interests
may be compromised or not fully and adequately represented by legal counsel acting for the Company, whether on account of any potential defenses that the Company may have to its obligations under this Indemnity or otherwise, and in such event the
reasonable fees and expenses of the Indemnified Party’s independent counsel shall be paid by the Company. 
  
 (c) Subject to the last sentence of Section 1(a) above, the Company’s obligations hereunder shall not be diminished or affected in
any respect as a result of any notice or disclosure, if any, to, or other knowledge, if any, by, any Indemnified Party of any Release or threatened Release, or as a result of any other matter related to the Company’s obligations hereunder, nor
shall any Indemnified Party be deemed to have permitted or acquiesced in any Release or any breach of the Company’s other obligations hereunder, solely because any Indemnified Party had notice, disclosure or knowledge thereof, whether at the
time this Indemnity is delivered or at any time thereafter. 
  
 (d) This Indemnity shall not be limited by any representation, warranty or indemnity of the Company made herein or in connection with any indebtedness secured by the Deeds of Trust, irrespective of whether the Company
has knowledge as of the date of each Deed of Trust, or during the term of each Deed of Trust, of the matters to which such representation, warranty or indemnity relates. 
  
 3. Environmental Covenants. 
  

(a) The Company shall not, and shall use commercially reasonable efforts to not permit any tenants or other occupants of the Property
to, at any time in the future, cause or permit a Release, except in compliance with applicable Hazardous Substances Laws and good and customary practices. 
  
 (b) The Company shall give prompt written notice to the Administrative Agent of any pending Claims, or of any Proceedings (as such term is
defined in the Credit Agreement) arising pursuant to Hazardous Substances Laws. 
  
 (c) The Company shall give prompt written notice to the Administrative Agent of the Company’s discovery of any occurrence or
condition on any real property adjoining or in the vicinity of the Property that could cause the Property or any part thereof to be subject to any restrictions on the ownership, occupancy, transferability or use of the Property under any Hazardous
Substances Laws including, without limitation, the Company’s discovery of any occurrence or condition on the Property or on any real property adjoining or in the vicinity of the Property that could cause the Property or any part thereof to be
classified as a 

  

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hazardous waste property or border-zone property, or to be otherwise subject to any restrictions on the ownership, occupancy, transferability or use of the
Property under any Hazardous Substances Laws. 
  
 (d) In the event that any investigation, site monitoring, containment, cleanup, removal, restoration, precautionary actions or other remedial work of any kind or nature (hereinafter, “Remedial Work”) is required under any
applicable Hazardous Substances Laws as a result of, or in connection with, any Release, suspected Release, or threatened Release, the Company shall within thirty (30) days after receipt of information that such Remedial Work is or may be required
(or such shorter period of time as may be required under applicable law, regulation, order or agreement), commence the performance of, or cause to be commenced, and thereafter diligently prosecute to completion, the performance of all such Remedial
Work in compliance with all applicable Hazardous Substances Laws. All Remedial Work shall be performed by one or more contractors, approved in advance in writing by the Administrative Agent, and under the supervision of a consulting engineer
approved in advance in writing by the Administrative Agent, which consent shall not be unreasonably withheld. All costs and expenses of such Remedial Work shall be paid by the Company, including, without limitation, the charges of such contractor(s)
and/or the consulting engineer, and the Indemnified Parties’ reasonable attorneys’ fees and costs, including, without limitation, fees and costs of both outside and staff counsel incurred in connection with monitoring or review of such
Remedial Work. In the event the Company shall fail to timely commence, or cause to be commenced, or fail to diligently prosecute to completion, the performance of such Remedial Work, the Administrative Agent or any other Indemnified Party may, but
shall not be required to, cause such Remedial Work to be performed and all costs and expenses thereof, or incurred in connection therewith, shall be deemed Claims hereunder. 
  
 4. Liability. 
  
 (a) Notwithstanding any other provisions of this Indemnity or any of the Loan Documents (as such term is defined in the Credit Agreement),
any liability of the Company hereunder shall be its personal liability (but such personal liability shall not be deemed to incorporate personal liability of its directors, officers, employees or agents), and may be asserted against its interest in
the Property as well as against any and all of its other assets. 
  
 (b) Without limiting the foregoing, the obligations of the Company hereunder shall survive the following events, to the maximum extent permitted by law: (i) repayment of the Obligations (as such term is defined in the
Credit Agreement) and any judicial or nonjudicial foreclosure under any Deed of Trust or conveyance in lieu of such foreclosure, notwithstanding that all or any portion of any other obligations secured by the such Deed of Trust shall have been
discharged thereby, (ii) any election by any Indemnified Party to purchase all or any portion of the Property at a foreclosure sale by crediting all or any portion of the obligations secured by any Deed of Trust against the purchase price therefor
(except to the extent and only to the extent that such Indemnified Party has specifically elected in writing in its sole discretion to credit against the purchase price any Claims hereunder which were liquidated in amount at the time of such
foreclosure sale, it being presumed for these purposes that the obligations secured by such Deed of Trust shall be discharged by any such crediting in the order set forth in such Deed of Trust), (iii) any release or reconveyance of either Deed of
Trust, any waiver of the lien of either Deed of Trust, or any release or waiver of any other security for the 

  

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Obligations, and (iv) any termination, cancellation or modification of any Loan Document. Upon and following the occurrence of any of the foregoing, the
obligations of the Company hereunder shall be unsecured obligations, and shall be enforceable against the Company to the fullest extent permitted by applicable law. 
  
 (c) The obligations of the Company hereunder are not intended to be the obligations of a surety or
guarantor. The liability of the Company under this Indemnity shall in no way be limited or impaired by (i) any extensions of time for performance required by the any Loan Document; (ii) the accuracy or inaccuracy of any representations and
warranties made by the Company in any of any Loan Documents; or (iii) the release of any person or entity from performance or observance of any of the agreements, covenants, terms, or conditions contained in any of the Loan Documents by operation of
law or otherwise. 
  
 (d) The rights and remedies
of the Indemnified Parties under this Indemnity (i) shall be in addition to any other rights and remedies of such Indemnified Parties under any Loan Documents or at law or in equity, and (ii) may be enforced by any of the Indemnified Parties, to the
maximum extent permitted by law, without regard to or affecting any rights and remedies that such Indemnified Party may have under any Loan Documents or at law or in equity, and without regard to any limitations on such Indemnified Party’s
recourse for recovery of the Obligations as may be provided in any Loan Documents. 
  
 5. Site Visits, Observation and Testing. The Administrative Agent and any of the other Indemnified Parties and their respective agents and representatives shall have the right at any reasonable time, and upon
reasonable prior notice, but subject to the rights of tenants under their leases, to enter and visit the Property to make such inspections and inquiries as they shall deem appropriate, including inspections for violations of any of the terms of this
Indemnity and for determining the existence, nature and magnitude of any past or present Release or threatened Release, and they shall also have the right, following any Event of Default (as defined in the Credit Agreement), or where the
Administrative Agent has a reasonable basis upon which to believe that the Property may be harmed, unsafe or contaminated, and upon reasonable prior notice, to enter and visit the Property to make such tests (including, without limitation, taking
and removing soil or groundwater samples) as they shall deem appropriate. Neither the Administrative Agent nor any of the other Indemnified Parties have any duty, however, to visit or observe the Property or to conduct tests, and no site visit,
observation or testing by the Administrative Agent or any other Indemnified Party shall impose any liability on the Administrative Agent or such other Indemnified Party. In no event shall any site visit, observation or testing by the Administrative
Agent or any other Indemnified Party be a representation that Hazardous Substances are or are not present in, on or under the Property, or that there has been or shall be compliance with any Hazardous Substances Laws or any other applicable
governmental law. Neither the Company nor any other party is entitled to rely on any site visit, observation or testing by the Administrative Agent or any other Indemnified Party. Neither the Administrative Agent nor any of the other Indemnified
Parties owe any duty of care to protect the Company or any other party against, or to inform the Company or any other party of, any Hazardous Substances or any other adverse condition affecting the Property. The Administrative Agent and any other
Indemnified Party shall give the Company reasonable notice before entering the Property, and shall make reasonable efforts to avoid interfering with the Company’s use of the Property in exercising any rights provided in this paragraph 5. The

  

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Administrative Agent’s rights under this Indemnity are for the purpose of protecting and preserving the value of its collateral, and neither the
Administrative Agent or any Indemnified Party shall be considered an operator of the Property by virtue of exercising its rights hereunder. 
  
 6. Interest Accrued. Any amount owed hereunder to an Indemnified Party not paid within thirty (30) days after written demand from such Indemnified
Party with an explanation of the amounts claimed shall bear interest at a rate per annum equal to the maximum interest rate applicable to overdue principal set forth in the Credit Agreement. 
  
 7. Subrogation of Indemnity Rights. If the Company fails to fully
perform its obligations hereunder, any Indemnified Party shall be entitled to pursue any rights or claims that the Company may have against any present, future or former owners, tenants or other occupants or users of the Property, any portion
thereof or any adjacent or proximate properties, relating to any Claim or the performance of Remedial Work, and the Company hereby assigns all of such rights and claims to the Indemnified Parties under such circumstances and shall take all actions
required by the Indemnified Parties to cooperate with such Indemnified Parties in enforcing such rights and claims under such circumstances. 
  
 8. Reliance. The Company acknowledges that it is making and giving the indemnities and representations and covenants contained in this Indemnity
with the knowledge that the Agent and Lenders are relying on such indemnities and representations and covenants in making the Obligations to the Company. 
  
 9. Successors and Assigns. This Indemnity shall inure to the benefit of each Indemnified Party’s successors and assigns, and shall be binding
upon the heirs, successors, and assigns of the Company. The Company shall not assign any rights or obligations under this Indemnity without first obtaining the written consent of the Administrative Agent, which may be given or withheld in the sole
discretion of the Administrative Agent. Notwithstanding any other provision of this Indemnity to the contrary, the Company shall not be released from its obligations hereunder without obtaining the written consent of the Administrative Agent, which
consent may be given or withheld in the sole discretion of the Administrative Agent. Nothing herein shall be deemed to be a consent to the transfer of the Property which transfer would be otherwise prohibited by any Document. 
  
 10. Miscellaneous. This Indemnity shall be governed by and construed
in accordance with the laws of the State of Nevada. If this Indemnity is executed by more than one person or entity, the liability of the undersigned hereunder shall be joint and several. Separate and successive actions may be brought hereunder to
enforce any of the provisions hereof at any time and from time to time. No action hereunder shall preclude any subsequent action, and the Company hereby waives and covenants not to assert any defense in the nature of splitting of causes of action or
merger of judgments. In no event shall any provision of this Indemnity be deemed to be a waiver of or to be in lieu of any right or claim, including, without limitation, any right of contribution or other right of recovery, that any party to this
Indemnity might otherwise have against any other party to this Indemnity under any Hazardous Substances Laws. If any term of this Indemnity or any application thereof shall be invalid, illegal or unenforceable, the remainder of this Indemnity and
any other application of such term shall not be affected thereby. No delay or omission in exercising any right hereunder shall operate as a waiver of such right or any other right. 
  

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 11. Notices. All notices expressly provided hereunder to be given by Administrative Agent to the
Company and all notices and demands of any kind or nature whatsoever which the Company may be required or may desire to give to or serve on the Administrative Agent shall be in writing and shall be served by certified mail, return receipt requested,
or by a reputable commercial overnight carrier that provides a receipt, such as Federal Express. Notice shall be addressed as follows: 
  

			
	The Company:	  	Las Vegas Sands, Inc.
	 	  	3355 Las Vegas Boulevard, South
	 	  	Las Vegas, Nevada 89109
	 	  	Attn: General Counsel
	 	  	Telecopy No: (702) 414-4421
		
	with a copy to:	  	Paul, Weiss, Rifkind, Wharton & Garrison
	 	  	1285 Avenue of the Americas, 24th Floor
	 	  	New York, New York, 10019-6064
	 	  	Attn: John Kennedy, Esq.
	 	  	Telecopy No: (212) 757-3990
		
	Administrative Agent:	  	The Bank of Nova Scotia
	 	  	580 California Street, Suite 2100
	 	  	San Francisco, California 94104
	 	  	Attn: Allan Pendergast
	 	  	Telecopy No.: (415) 397-0791
		
	with a copy to:	  	The Bank of Nova Scotia
	 	  	600 Peachtree Street, N.E.
	 	  	Atlanta, Georgia 30308
	 	  	Attn: Robert Ivy
	 	  	Telecopy No.: (404) 888-8998

  
 12. Attorneys’
Fees and Expenses. If any Agent or Lender refers this Indemnity or any of the other Loan Documents to an attorney to enforce, construe or defend the same, as a consequence of any Event of Default (as such term is defined in the Credit
Agreement), with or without the filing of any legal action or proceeding, the Company shall pay to the Administrative Agent, immediately upon demand, the amount of all attorneys’ fees and costs incurred by the Administrative Agent in connection
therewith, together with interest thereon from the date of award at the maximum interest rate applicable to overdue principal set forth in the Credit Agreement 
  

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 [ENVIRONMENTAL INDEMNITY - LVSI] 
  
 IN WITNESS WHEREOF, this Indemnity is executed as of the day and year first above written. 
  
 The Company: 
  

					
	 LAS VEGAS SANDS, INC.,
 a Nevada corporation

		
	By:	 	/s/    BRADLEY K.
SERWIN        
	 	 	 Name:
	 	 
	 	 	 Title:
	 	 

  

 S - 1 

 [ENVIRONMENTAL INDEMNITY - VCR] 
  

							
	 VENETIAN CASINO RESORT, LLC,
 a Nevada
limited liability company

		
	BY:	 	 LAS VEGAS SANDS, INC.,
 a Nevada
corporation,
 its managing member

			
	 	 	 By:
	 	/s/    BRADLEY K. SERWIN      
	 	 	 	 	 Name:
	 	 
	 	 	 	 	 Title:
	 	 

  

 S - 2 

 [ENVIRONMENTAL INDEMNITY - LCR] 
  

											
	 LIDO CASINO RESORT, LLC,
 a Nevada limited liability company

		
	By:	 	 LIDO INTERMEDIATE HOLDING COMPANY, LLC,
 its managing member

			
	 	 	By:	 	 VENETIAN CASINO RESORT, LLC, its managing member

				
	 	 	 	 	By:	 	 LAS VEGAS SANDS, INC., its managing member

					
	 	 	 	 	 	 	By:	 	/s/    BRADLEY K.
SERWIN        
	 	 	 	 	 	 	 	 	 Name:
	 	 
	 	 	 	 	 	 	 	 	 Title:
	 	 

  

 S - 3 

  
 Exhibit A 
 The Real Property 
  
 Real property in the City of Las Vegas, County of Clark, State of Nevada, described as follows: 
  
 PARCEL 1: (Parcels 1 thru 5 = Lido Parcels) 
  
 A PARCEL OF LAND SITUATE IN THE WEST HALF (W 1/2) OF SECTION 16, TOWNSHIP 21 SOUTH, RANGE 61 EAST, M.D.M., CLARK COUNTY, NEVADA, 

 
 BEING A PORTION OF VENETIAN COMMERCIAL SUBDIVISION AS SHOWN ON THE FINAL MAP OF THE
VENETIAN COMMERCIAL SUBDIVISION IN PLATS BOOK 85, PAGE 20, CLARK COUNTY OFFICIAL RECORDS, DESCRIBED AS FOLLOWS: 
  
 COMMENCING AT THE CENTER QUARTER CORNER OF SECTION 16, TOWNSHIP 21 SOUTH, RANGE 61 EAST, M.D.M., AS SHOWN ON PARCEL MAP IN FILE 33, PAGE 98 OF CLARK COUNTY RECORDS, CLARK
COUNTY, NEVADA; FROM WHENCE THE CENTER SOUTH 1/16TH CORNER OF SAID SECTION 16 BEARS SOUTH 00°24’18” EAST A DISTANCE OF 1331.31 FEET; THENCE TO THE CENTERLINE INTERSECTION OF KOVAL LANE AND SANDS AVENUE, NORTH 00°24’18”
WEST A DISTANCE OF 10.00 FEET; THENCE ALONG THE CENTERLINE OF SANDS AVENUE, NORTH 88°41’36” WEST A DISTANCE OF 114.70 FEET; THENCE CONTINUING ALONG SAID CENTERLINE OF SANDS AVENUE THROUGH A TANGENT CURVE TO THE RIGHT, CONCAVE
NORTHEASTERLY, HAVING A RADIUS OF 600.00 FEET, A CENTRAL ANGLE OF 59°35’58”, AND AN ARC LENGTH OF 624.13 FEET; THENCE DEPARTING SAID CENTERLINE OF SANDS AVENUE, SOUTH 60°54’23” WEST A DISTANCE OF 50.00 FEET TO A POINT ON
THE WEST RIGHT-OF-WAY OF SAID SANDS AVENUE AND THE POINT OF BEGINNING; THENCE ALONG THE BOUNDARY OF LOT 2 UNIT 1 PER RECORD OF SURVEY FILED IN FILE 96, PAGE 37 OF SURVEYS, SOUTH 51°34’35” WEST A DISTANCE OF 172.55 FEET; THENCE NORTH
88°58’54” WEST A DISTANCE OF 380.30 FEET; THENCE NORTH 01°00’00” EAST A DISTANCE OF 39.17 FEET; THENCE NORTH 89°00’00” WEST A DISTANCE OF 10.67 FEET; THENCE NORTH 01°00’00” EAST A DISTANCE OF
38.67 FEET; THENCE SOUTH 89°00’00” EAST A DISTANCE OF 10.67 FEET; THENCE NORTH 01°00’00” EAST A DISTANCE OF 38.17 FEET; THENCE NORTH 88°59’59” WEST A DISTANCE OF 443.56 FEET; THENCE NORTH
89°05’40” WEST A DISTANCE OF 290.87 FEET TO A POINT ON THE EAST RIGHT-OF-WAY OF U.S. HIGHWAY NO.91 (LAS VEGAS BLVD.); THENCE ALONG SAID EAST RIGHT-OF-WAY, NORTH 27°59’16” EAST A DISTANCE OF 44.56 FEET; THENCE CONTINUING
ALONG SAID EAST RIGHT-OF-WAY, NORTH 28°18’42” EAST A DISTANCE OF 435.15 FEET; THENCE DEPARTING SAID EAST RIGHT-OF-WAY, SOUTH 61°41’18” EAST A DISTANCE OF 176.18 FEET; THENCE SOUTH 88°58’39” EAST A DISTANCE
OF 138.25 FEET TO A POINT ON THE EAST LINE OF THE SOUTHWEST QUARTER (SW 1/4) OF THE NORTHWEST QUARTER (NW 1/4) OF SAID SECTION 16; THENCE ALONG SAID EAST LINE, NORTH 01°01’21” EAST A DISTANCE OF 367.30 FEET; THENCE DEPARTING SAID EAST
LINE NORTH 88°58’39” WEST A DISTANCE OF 30.00 FEET; THENCE NORTH 01°01’21” EAST A DISTANCE OF 30.67 

  

 A-1 

 
FEET TO A POINT ON THE SOUTHERLY RIGHT-OF-WAY OF SANDS AVENUE; THENCE ALONG SAID SOUTHERLY RIGHT-OF-WAY THE FOLLOWING NINE (9) COURSES: SOUTH
80°04’05” EAST A DISTANCE OF 188.69 FEET; THENCE ALONG A CURVE TO THE RIGHT, CONCAVE SOUTHWESTERLY, HAVING A RADIUS OF 295.00 FEET, A CENTRAL ANGLE OF 17°19’28”, AND AN ARC LENGTH OF 89.20 FEET; THENCE THROUGH A POINT OF
REVERSE CURVATURE ALONG A CURVE TO THE LEFT, CONCAVE NORTHEASTERLY, HAVING A RADIUS OF 305.00 FEET, A CENTRAL ANGLE 05°51’27”, AND AN ARC LENGTH OF 31.18 FEET; THENCE THROUGH A POINT OF REVERSE CURVATURE ALONG A CURVE TO THE RIGHT,
CONCAVE SOUTHWESTERLY, HAVING A RADIUS OF 457.50 FEET, A CENTRAL ANGLE OF 18°51’52”, AND AN ARC LENGTH OF 150.63 FEET; THENCE THROUGH A POINT OF COMPOUND CURVATURE ALONG A CURVE TO THE RIGHT, CONCAVE SOUTHWESTERLY, HAVING A RADIUS OF
537.86 FEET, A CENTRAL ANGLE OF 29°12’50”, AN ARC LENGTH OF 274.24 FEET; THENCE SOUTH 20°31’22” EAST A DISTANCE OF 304.01 FEET TO A NON-TANGENT CURVE, CONCAVE SOUTHWESTERLY, HAVING A RADIUS OF 15.00 FEET AND A RADIAL
BEARING OF SOUTH 08°59’10” EAST; THENCE EASTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 78°27’48”, AND AN ARC LENGTH OF 20.54 FEET; THENCE SOUTH 20°31’22” EAST A DISTANCE OF 8.35 FEET; THENCE ALONG A
CURVE TO THE LEFT, CONCAVE NORTHEASTERLY, WITH A RADIUS OF 650.00 FEET, A CENTRAL ANGLE OF 08°34’16”, AND AN ARC LENGTH OF 97.23 FEET TO THE POINT OF BEGINNING. 
  
 SAID LAND IS ALSO DESCRIBED AS LOT TWO (2) AS SHOWN ON A RECORD OF SURVEY FILE 96 PAGE 37 OF SURVEYS, CLARK COUNTY OFFICIAL RECORDS.

  
 NOTE: THE ABOVE LEGAL DESCRIPTION WAS PREPARED BY NOAH REYNOLDS AT HORIZON
SURVEYS, 9901 Covington Cross Drive # 190, Las Vegas, Nevada 89144 
  
 EXCEPTING THEREFROM: (CONGRESS FACILITY) 
  
 A
PORTION OF LOT 2 AS SHOWN IN FILE 96, PAGE 37 OF SURVEYS AND BEING A PORTION OF LOT 1 AS SHOWN IN THAT CERTAIN FINAL MAP ENTITLED “THE VENETIAN COMMERCIAL SUBDIVISION”, RECORDED IN BOOK 85, PAGE 20 OF PLATS ON FILE AT THE CLARK COUNTY,
NEVADA RECORDER’S OFFICE AND ALSO BEING A PORTION OF LOT “A” AS PER RECORD OF SURVEY FILE 122, PAGE 62 OF OFFICIAL CLARK COUNTY RECORDS, LYING WITHIN THE NORTHWEST QUARTER (NW 1/4) OF SECTION 16, TOWNSHIP 21 SOUTH, RANGE 61 EAST,
M.D.M., CLARK COUNTY, NEVADA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: 
  
 COMMENCING AT THE SOUTHEAST CORNER OF THE NORTHWEST QUARTER (NW1/4) OF SAID SECTION 16, BEING A POINT ON THE CENTERLINE OF KOVAL LANE; THENCE ALONG THE EAST LINE OF THE NORTHWEST QUARTER (NW 1/4) OF SAID SECTION 16 AND THE CENTERLINE OF
SAID KOVAL LANE, NORTH 00°24’18” WEST, 10.00 FEET 
  

 A-2 

 TO THE CENTERLINE OF SANDS AVENUE (WEST); THENCE ALONG THE CENTERLINE OF SAID SANDS AVENUE, NORTH 88°41’36”
WEST, 114.70 FEET TO THE BEGINNING OF A CURVE CONCAVE TO THE NORTHEAST AND HAVING A RADIUS OF 600.00 FEET; THENCE NORTHWESTERLY ALONG SAID CURVE AND CENTERLINE TO THE RIGHT, THROUGH A CENTRAL ANGLE OF 59°35’58”, AN ARC LENGTH OF 624.13
FEET; THENCE DEPARTING SAID CENTERLINE, ALONG A RADIAL BEARING OF SOUTH 60°54’23” WEST, 50.00 FEET TO THE MOST EASTERLY CORNER OF SAID LOT 2; THENCE ALONG THE SOUTHERLY LINE OF SAID LOT 2, SOUTH 51°34’35” WEST, 47.14 FEET
TO THE POINT OF BEGINNING; THENCE ALONG THE SOUTHERLY LINE OF SAID LOT 2 THE FOLLOWING SEVEN (7) COURSES: (1) SOUTH 51°34’35” WEST, 125.41 FEET; (2) NORTH 88°58’54” WEST, 380.30 FEET; (3) NORTH 01°00’00”
EAST, 39.17 FEET; (4) NORTH 89°00’00” WEST, 10.67 FEET; (5) NORTH 01°00’00” EAST, 38.67 FEET; (6) SOUTH 89°00’00” EAST, 10.67 FEET; (7) NORTH 01°00’00” EAST, 38.17 FEET; THENCE CONTINUING NORTH
01°00’00” EAST, 100.31 FEET; THENCE SOUTH 89°04’06” EAST, 340.30 FEET; THENCE NORTH 00°55’54” EAST, 48.75 FEET; THENCE SOUTH 89°04’06” EAST, 39.64 FEET; THENCE SOUTH 00°57’00”
WEST, 29.17 FEET; THENCE SOUTH 89°04’04” EAST, 48.70 FEET; THENCE SOUTH 00°55’54” WEST, 35.08 FEET; THENCE SOUTH 89°04’00” EAST, 17.62 FEET TO THE BEGINNING OF A NON-TANGENT CURVE CONCAVE TO THE NORTHEAST
AND HAVING A RADIUS OF 299.52 FEET, FROM WHICH BEGINNING THE RADIUS BEARS NORTH 88°52’29” EAST; THENCE SOUTHEASTERLY ALONG SAID CURVE TO THE LEFT, THROUGH A CENTRAL ANGLE OF 24°13’18”, AN ARC LENGTH OF 126.62 FEET TO THE
POINT OF BEGINNING. 
  
 NOTE: THE ABOVE METES AND BOUNDS DESCRIPTION APPEARED
PREVIOUSLY IN THAT CERTAIN DOCUMENT RECORDED JULY 14, 2004 IN BOOK 20040714 AS INSTRUMENT NO. 04837. 
  
 FURTHER EXCEPTING THEREFROM AN AIRSPACE PARCEL MORE PARTICULARLY DESCRIBED AS FOLLOWS: 
  
 LEGAL DESCRIPTION - LOT A-1 
  
 A PORTION OF LOT 2 AS SHOWN IN FILE 96, PAGE 37 OF SURVEYS AND BEING A PORTION OF LOT 1 AS SHOWN IN THAT CERTAIN FINAL MAP ENTITLED “THE VENETIAN COMMERCIAL SUBDIVISION”, RECORDED IN BOOK 85, PAGE 20 OF
PLATS ON FILE AT THE CLARK COUNTY, NEVADA RECORDER’S OFFICE AND ALSO BEING A PORTION OF LOT “A” AS PER RECORD OF SURVEY FILE 122, PAGE 62 OF OFFICIAL CLARK COUNTY RECORDS, LYING WITHIN THE NORTHWEST QUARTER (NW 1/4) OF SECTION 16,
TOWNSHIP 21 SOUTH, RANGE 61 EAST, M.D.M., CLARK COUNTY, NEVADA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: 
  
 COMMENCING AT THE SOUTHEAST CORNER OF THE NORTHWEST QUARTER (NW1/4) OF SAID SECTION 16, BEING A POINT ON THE CENTERLINE OF KOVAL LANE; THENCE ALONG THE EAST LINE OF THE NORTHWEST QUARTER (NW 1/4) 

  

 A-3 

 
OF SAID SECTION 16 AND THE CENTERLINE OF SAID KOVAL LANE, NORTH 00°24’18” WEST, 10.00 FEET 
  
 TO THE CENTERLINE OF SANDS AVENUE (WEST); THENCE ALONG THE CENTERLINE OF SAID SANDS AVENUE,
NORTH 88°41’36” WEST, 114.70 FEET TO THE BEGINNING OF A CURVE CONCAVE TO THE NORTHEAST AND HAVING A RADIUS OF 600.00 FEET; THENCE NORTHWESTERLY ALONG SAID CURVE AND CENTERLINE TO THE RIGHT, THROUGH A CENTRAL ANGLE OF
59°35’58”, AN ARC LENGTH OF 624.13 FEET; THENCE DEPARTING SAID CENTERLINE, ALONG A RADIAL BEARING OF SOUTH 60°54’23” WEST, 50.00 FEET TO THE MOST EASTERLY CORNER OF SAID LOT 2; THENCE ALONG THE SOUTHERLY LINE OF SAID LOT
2, SOUTH 51°34’35” WEST, 47.14 FEET TO THE POINT OF BEGINNING; THENCE ALONG THE SOUTHERLY LINE OF SAID LOT 2 THE FOLLOWING SEVEN (7) COURSES: (1) SOUTH 51°34’35” WEST, 125.41 FEET; (2) NORTH 88°58’54” WEST,
380.30 FEET; (3) NORTH 01°00’00” EAST, 39.17 FEET; (4) NORTH 89°00’00” WEST, 10.67 FEET; (5) NORTH 01°00’00” EAST, 38.67 FEET; (6) SOUTH 89°00’00” EAST, 10.67 FEET; (7) NORTH
01°00’00” EAST, 38.17 FEET; THENCE CONTINUING NORTH 01°00’00” EAST, 100.30 FEET; THENCE SOUTH 89°04’06” EAST, 340.30 FEET; THENCE NORTH 00°55’54” EAST, 48.75 FEET; THENCE SOUTH
89°04’06” EAST, 39.64 FEET; THENCE SOUTH 00°57’00” WEST, 29.17 FEET; THENCE SOUTH 89°04’04” EAST, 48.70 FEET; THENCE SOUTH 00°55’54” WEST, 35.08 FEET; THENCE SOUTH 89°04’00” EAST,
17.62 FEET TO THE BEGINNING OF A NON-TANGENT CURVE CONCAVE TO THE NORTHEAST AND HAVING A RADIUS OF 299.52 FEET, FROM WHICH BEGINNING THE RADIUS BEARS NORTH 88°52’29” EAST; THENCE SOUTHEASTERLY ALONG SAID CURVE TO THE LEFT, THROUGH A
CENTRAL ANGLE OF 24°13’18”, AN ARC LENGTH OF 126.62 FEET TO THE POINT OF BEGINNING. 
  
 LOT A-1 ABOVE IS ALSO SHOWN AS LOT A-1 ON RECORD OF SURVEY FILED IN FILE 124, PAGE 55 OF OFFICIAL CLARK COUNTY RECORDS. 
  
 LOT A-1 IS AN ABOVE GROUND LOT WITH THE FOLLOWING VERTICAL CONSTRAINTS: A LOWER PLACE ELEVATION OF 2090.29 FEET AND AN UPPER PLAIN ELEVATION OF 2109.79 FEET, BASED ON THE
NORTH AMERICAN VERTIFICAL DATUM OF 1988. 
  
 NOTE: THE ABOVE METES AND BOUNDS
DESCRIPTION APPEARED PREVIOUSLY IN THAT CERTAIN DOCUMENT RECORDED AUGUST 30, 2002 IN BOOK 20020830 AS INSTRUMENT NO. 04166. 
  
 TOGETHER WITH THAT PORTION OF SANDS AVENUE AS VACATED BY CLARK COUNTY IN AN ORDER OF VACATION RECORDED SEPTEMBER 23, 2002 IN BOOK 20020923 AS INSTRUMENT NO. 00803 OF
OFFICIAL RECORDS. 
  
 PARCEL 2: 
  
 A NON-EXCLUSIVE EASEMENT FOR PEDESTRIAN AND VEHICULAR INGRESS, EGRESS AND PARKING AS CREATED
BY THAT CERTAIN SECOND AMENDED AND 

  

 A-4 

 
RESTATED RECIPROCAL EASMENT, USE AND OPERATING AGREEMENT RECORDED JUNE 14, 2004 IN BOOK 20040614 AS INSTRUMENT NO. 02783 AND BY AMENDMENT THERETO RECORDED
AUGUST 11, 2004 IN BOOK 20040811 AS INSTRUMENT NO. 03279 OF OFFICIAL RECORDS. 
  
 PARCEL 3: (VAGABOND) 
  
 THAT PORTION OF THE
SOUTHWEST QUARTER (SW 1/4) OF THE NORTHWEST QUARTER (NW 1/4) OF SECTION 16, TOWNSHIP 21 SOUTH, RANGE 61 EAST, M.D.B. & M., LYING EAST OF U.S. HIGHWAY NO. 91 (LAS VEGAS BLVD.), DESCRIBED AS FOLLOWS: 
  
 BEGINNING AT A POINT ON THE EAST LINE OF THE SAID U.S. HIGHWAY NO. 91 (LAS VEGAS BLVD.),
BEING THE SOUTHWEST CORNER OF THAT CERTAIN PARCEL OF LAND CONVEYED BY B.E. FARNSWORTH, ET UX, TO MANLEY E. REITZ, BY DEED SHOWN AS DOCUMENT NO. 162990, CLARK COUNTY, NEVADA RECORDS; THENCE SOUTH 88°58’39” EAST ALONG THE SOUTH LINE OF
THE SAID CONVEYED PARCEL, A DISTANCE OF 115.42 FEET; THENCE SOUTH 28°04’50” WEST A DISTANCE OF 46.60 FEET; THENCE SOUTH 61°56’10” EAST A DISTANCE OF 21.22 FEET; THENCE SOUTH 28°04’50” WEST A DISTANCE OF
27.35 FEET; THENCE SOUTH 61°56’10” EAST A DISTANCE OF 52.00 FEET TO A POINT IN THE EAST LINE OF THE SAID SOUTHWEST QUARTER (SW 1/4) OF THE NORTHWEST QUARTER (NW 1/4); THENCE SOUTH 01°01’21” WEST ALONG THE LAST MENTIONED
EAST LINE, A DISTANCE OF 268.16 FEET; THENCE NORTH 88°58’39” WEST A DISTANCE OF 138.25 FEET; THENCE NORTH 61°41’18” WEST A DISTANCE OF 176.18 FEET TO A POINT IN THE EAST LINE OF U.S. HIGHWAY NO. 91; THENCE NORTH
28°18’42” EAST ALONG THE SAID EAST LINE, A DISTANCE OF 322.41 FEET TO THE POINT OF BEGINNING. 
  
 NOTE: THE ABOVE METES AND BOUNDS DESCRIPTION WAS PREPARED BY NOAH REYNOLDS AT HORIZON SURVEYS, 9901 Covington Cross Drive #190, Las Vegas, Nevada 89144 
  

 A-5 

 PARCEL 4: (CONGRESS FACILITY) 
  
 A PORTION OF LOT 2 AS SHOWN IN FILE 96, PAGE 37 OF SURVEYS AND BEING A PORTION OF LOT 1 AS
SHOWN IN THAT CERTAIN FINAL MAP ENTITLED “THE VENETIAN COMMERCIAL SUBDIVISION”, RECORDED IN BOOK 85, PAGE 20 OF PLATS ON FILE AT THE CLARK COUNTY, NEVADA RECORDER’S OFFICE AND ALSO BEING A PORTION OF LOT “A” AS PER RECORD OF
SURVEY FILE 122, PAGE 62 OF OFFICIAL CLARK COUNTY RECORDS, LYING WITHIN THE NORTHWEST QUARTER (NW 1/4) OF SECTION 16, TOWNSHIP 21 SOUTH, RANGE 61 EAST, M.D.M., CLARK COUNTY, NEVADA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: 
  
 COMMENCING AT THE SOUTHEAST CORNER OF THE NORTHWEST QUARTER (NW1/4) OF SAID SECTION 16, BEING
A POINT ON THE CENTERLINE OF KOVAL LANE; THENCE ALONG THE EAST LINE OF THE NORTHWEST QUARTER (NW 1/4) OF SAID SECTION 16 AND THE CENTERLINE OF SAID KOVAL LANE, NORTH 00°24’18” WEST, 10.00 FEET TO THE CENTERLINE OF SANDS AVENUE (WEST);
THENCE ALONG THE CENTERLINE OF SAID SANDS AVENUE, NORTH 88°41’36” WEST, 114.70 FEET TO THE BEGINNING OF A CURVE CONCAVE TO THE NORTHEAST AND HAVING A RADIUS OF 600.00 FEET; THENCE NORTHWESTERLY ALONG SAID CURVE AND CENTERLINE TO THE
RIGHT, THROUGH A CENTRAL ANGLE OF 59°35’58”, AN ARC LENGTH OF 624.13 FEET; THENCE DEPARTING SAID CENTERLINE, ALONG A RADIAL BEARING OF SOUTH 60°54’23” WEST, 50.00 FEET TO THE MOST EASTERLY CORNER OF SAID LOT 2; THENCE
ALONG THE SOUTHERLY LINE OF SAID LOT 2, SOUTH 51°34’35” WEST, 47.14 FEET TO THE POINT OF BEGINNING; THENCE ALONG THE SOUTHERLY LINE OF SAID LOT 2 THE FOLLOWING SEVEN (7) COURSES: (1) SOUTH 51°34’35” WEST, 125.41 FEET; (2)
NORTH 88°58’54” WEST, 380.30 FEET; (3) NORTH 01°00’00” EAST, 39.17 FEET; (4) NORTH 89°00’00” WEST, 10.67 FEET; (5) NORTH 01°00’00” EAST, 38.67 FEET; (6) SOUTH 89°00’00” EAST,
10.67 FEET; (7) NORTH 01°00’00” EAST, 38.17 FEET; THENCE CONTINUING NORTH 01°00’00” EAST, 100.31 FEET; THENCE SOUTH 89°04’06” EAST, 340.30 FEET; THENCE NORTH 00°55’54” EAST, 48.75 FEET; THENCE
SOUTH 89°04’06” EAST, 39.64 FEET; THENCE SOUTH 00°57’00” WEST, 29.17 FEET; THENCE SOUTH 89°04’04” EAST, 48.70 FEET; THENCE SOUTH 00°55’54” WEST, 35.08 FEET; THENCE SOUTH 89°04’00”
EAST, 17.62 FEET TO THE BEGINNING OF A NON-TANGENT CURVE CONCAVE TO THE NORTHEAST AND HAVING A RADIUS OF 299.52 FEET, FROM WHICH BEGINNING THE RADIUS BEARS NORTH 88°52’29” EAST; THENCE SOUTHEASTERLY ALONG SAID CURVE TO THE LEFT,
THROUGH A CENTRAL ANGLE OF 24°13’18”, AN ARC LENGTH OF 126.62 FEET TO THE POINT OF BEGINNING. 
  
 EXCLUDING THEREFROM ALL THAT REAL PROPERTY CONSISTING OF AN AIRSPACE PARCEL MORE PARTICULARLY DESCRIBED AS FOLLOWS: 
  
 LEGAL DESCRIPTION - LOT A-1 
  
 A PORTION OF LOT 2 AS SHOWN IN FILE 96, PAGE 37 OF SURVEYS AND BEING A PORTION OF LOT 1 AS SHOWN IN THAT CERTAIN FINAL MAP ENTITLED “THE VENETIAN COMMERCIAL SUBDIVISION”, RECORDED IN BOOK 85, PAGE 20 OF
PLATS ON FILE AT THE CLARK COUNTY, NEVADA RECORDER’S OFFICE AND ALSO BEING A PORTION OF LOT “A” AS PER RECORD OF SURVEY FILE 122, PAGE 62 OF OFFICIAL CLARK COUNTY RECORDS, LYING WITHIN THE NORTHWEST QUARTER (NW 1/4) OF SECTION 16,
TOWNSHIP 21 SOUTH, RANGE 61 EAST, M.D.M., CLARK COUNTY, NEVADA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: 
  
 COMMENCING AT THE SOUTHEAST CORNER OF THE NORTHWEST QUARTER (NW1/4) OF SAID SECTION 16, BEING A POINT ON THE CENTERLINE OF KOVAL LANE; THENCE ALONG THE EAST LINE OF THE NORTHWEST QUARTER (NW 1/4) 

  

 A-6 

 
OF SAID SECTION 16 AND THE CENTERLINE OF SAID KOVAL LANE, NORTH 00°24’18” WEST, 10.00 FEET TO THE CENTERLINE OF SANDS AVENUE (WEST); THENCE
ALONG THE CENTERLINE OF SAID SANDS AVENUE, NORTH 88°41’36” WEST, 114.70 FEET TO THE BEGINNING OF A CURVE CONCAVE TO THE NORTHEAST AND HAVING A RADIUS OF 600.00 FEET; THENCE NORTHWESTERLY ALONG SAID CURVE AND CENTERLINE TO THE RIGHT,
THROUGH A CENTRAL ANGLE OF 59°35’58”, AN ARC LENGTH OF 624.13 FEET; THENCE DEPARTING SAID CENTERLINE, ALONG A RADIAL BEARING OF SOUTH 60°54’23” WEST, 50.00 FEET TO THE MOST EASTERLY CORNER OF SAID LOT 2; THENCE ALONG THE
SOUTHERLY LINE OF SAID LOT 2, SOUTH 51°34’35” WEST, 47.14 FEET TO THE POINT OF BEGINNING; THENCE ALONG THE SOUTHERLY LINE OF SAID LOT 2 THE FOLLOWING SEVEN (7) COURSES: (1) SOUTH 51°34’35” WEST, 125.41 FEET; (2) NORTH
88°58’54” WEST, 380.30 FEET; (3) NORTH 01°00’00” EAST, 39.17 FEET; (4) NORTH 89°00’00” WEST, 10.67 FEET; (5) NORTH 01°00’00” EAST, 38.67 FEET; (6) SOUTH 89°00’00” EAST, 10.67
FEET; (7) NORTH 01°00’00” EAST, 38.17 FEET; THENCE CONTINUING NORTH 01°00’00” EAST, 100.30 FEET; THENCE SOUTH 89°04’06” EAST, 340.30 FEET; THENCE NORTH 00°55’54” EAST, 48.75 FEET; THENCE SOUTH
89°04’06” EAST, 39.64 FEET; THENCE SOUTH 00°57’00” WEST, 29.17 FEET; THENCE SOUTH 89°04’04” EAST, 48.70 FEET; THENCE SOUTH 00°55’54” WEST, 35.08 FEET; THENCE SOUTH 89°04’00” EAST,
17.62 FEET TO THE BEGINNING OF A NON-TANGENT CURVE CONCAVE TO THE NORTHEAST AND HAVING A RADIUS OF 299.52 FEET, FROM WHICH BEGINNING THE RADIUS BEARS NORTH 88°52’29” EAST; THENCE SOUTHEASTERLY ALONG SAID CURVE TO THE LEFT, THROUGH A
CENTRAL ANGLE OF 24°13’18”, AN ARC LENGTH OF 126.62 FEET TO THE POINT OF BEGINNING. 
  
 LOT A-1 ABOVE IS ALSO SHOWN AS LOT A-1 ON RECORD OF SURVEY FILED IN FILE 124, PAGE 55 OF OFFICIAL CLARK COUNTY RECORDS. 
  
 LOT A-1 IS AN ABOVE GROUND LOT WITH THE FOLLOWING VERTICAL CONSTRAINTS: A LOWER PLACE ELEVATION OF 2090.29 FEET AND AN UPPER PLAIN ELEVATION OF 2109.79 FEET, BASED ON THE
NORTH AMERICAN VERTICAL DATUM OF 1988. 
  
 NOTE: THE ABOVE METES AND BOUNDS
DESCRIPTION APPEARED PREVIOUSLY IN THAT CERTAIN DOCUMENT RECORDED JULY 14, 2004 IN BOOK 20040714 AS INSTRUMENT NO. 04837. 
  
 PARCEL 5: 
  
 A NON-EXCLUSIVE EASEMENT FOR PEDESTRIAN AND VEHICULAR INGRESS, EGRESS AND PARKING AS CREATED BY THAT CERTAIN PARKING AND EASEMENT AGREEMENT RECORDED MARCH 26, 2004 IN
BOOK 20040326 AS INSTRUMENT NO. 01305 OF OFFICIAL RECORDS. 
  

 A-7 

 PARCEL 6: (Parcels 6 thru 14) 
  
 A PARCEL OF LAND SITUATE IN THE WEST HALF (W 1/2) OF SECTION 16, TOWNSHIP 21 SOUTH, RANGE 61
EAST, M.D.M., CLARK COUNTY, NEVADA, DESCRIBED AS FOLLOWS: 
  
 COMMENCING AT THE
CENTER QUARTER CORNER OF SECTION 16, TOWNSHIP 21 SOUTH, RANGE 61 EAST, M.D.M., AS SHOWN ON PARCEL MAP IN FILE 33, PAGE 98 OF CLARK COUNTY RECORDS, CLARK COUNTY, NEVADA, FROM WHENCE THE CENTER SOUTH 1/16TH CORNER OF SAID SECTION 16 BEARS SOUTH
00°24’18” EAST A DISTANCE OF 1331.31 FEET; THENCE TO THE CENTERLINE INTERSECTION OF KOVAL LANE AND SANDS AVENUE, NORTH 00°24’18” WEST A DISTANCE OF 10.00 FEET; THENCE ALONG THE CENTERLINE OF SANDS AVENUE, NORTH
88°41’36” WEST A DISTANCE OF 114.70 FEET; THENCE CONTINUING ALONG SAID CENTERLINE OF SANDS AVENUE THROUGH A TANGENT CURVE TO THE RIGHT, CONCAVE NORTHEASTERLY, HAVING A RADIUS OF 600.00 FEET, A CENTRAL ANGLE OF 50°30’45”,
AND AN ARC LENGTH OF 528.96 FEET; THENCE DEPARTING SAID CENTERLINE OF SANDS AVENUE, SOUTH 51°49’09” WEST A DISTANCE OF 50.00 FEET TO A POINT ON THE WEST RIGHT-OF-WAY OF SAID SANDS AVENUE AND THE POINT OF BEGINNING; 
  
 THENCE ALONG THE BOUNDARY OF LOT 2 AS SHOWN ON AMENDED PARCEL MAP FILED IN FILE 91, PAGE 89
OF PARCEL MAPS, THE FOLLOWING SIX (6) COURSES: SOUTH 51°33’08” WEST A DISTANCE OF 213.88 FEET; THENCE SOUTH 01°00’22” WEST A DISTANCE OF 203.20 FEET; THENCE NORTH 89°00’34” WEST A DISTANCE OF 110.80 FEET TO
THE BEGINNING OF A NON-TANGENT CURVE, CONCAVE TO THE WEST, HAVING A RADIUS OF 410.82 FEET AND THROUGH WHICH A LINE TO THE RADIUS POINT BEARS SOUTH 62°11’16” WEST; THENCE SOUTHERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF
28°49’30”, AND AN ARC LENGTH OF 206.68 FEET; THENCE SOUTH 01°00’46” WEST A DISTANCE OF 495.04 FEET TO THE BEGINNING OF A NON-TANGENT CURVE, CONCAVE TO THE NORTH, HAVING A RADIUS OF 117.00 FEET AND THROUGH WHICH A LINE TO
THE RADIUS POINT BEARS NORTH 15°08’27” WEST; THENCE WESTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 16°08’10”, AND AN ARC LENGTH OF 32.95 FEET TO A POINT ON THE NORTH LINE OF PARCEL 2 AS SHOWN ON PARCEL MAP FILED IN
FILE 56, PAGE 72 OF PARCEL MAPS; THENCE ALONG SAID LINE NORTH 89°00’17” WEST A DISTANCE OF 455.28 FEET; THENCE SOUTH 00°28’09” EAST A DISTANCE OF 7.81 FEET; THENCE NORTH 88°51’25” WEST A DISTANCE OF 562.02
FEET; THENCE NORTH 00°55’34” WEST A DISTANCE OF 200.11 FEET; THENCE NORTH 89°01’44” WEST A DISTANCE OF 132.47 FEET; THENCE NORTH 00°56’23” WEST A DISTANCE OF 175.78 FEET; THENCE NORTH 01°00’40”
EAST A DISTANCE OF 74.35 FEET; THENCE NORTH 88°59’20” WEST A DISTANCE OF 173.15 FEET; THENCE SOUTH 41°06’38” WEST A DISTANCE OF 97.20 FEET; THENCE NORTH 88°59’20” WEST A DISTANCE OF 3.47 FEET TO A POINT ON
THE EAST RIGHT-OF-WAY OF U.S. HIGHWAY NO. 91 (LAS VEGAS BLVD.), SAID POINT BEING THE BEGINNING OF A NON-TANGENT CURVE, CONCAVE TO THE SOUTHEAST, HAVING A RADIUS OF 3960.00 FEET AND THROUGH WHICH A LINE TO THE RADIUS POINT BEARS SOUTH 

  

 A-8 

 
69°04’19” EAST; THENCE NORTHEASTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 07°04’39”, AND AN ARC LENGTH OF 489.16 FEET;
THENCE CONTINUING ALONG SAID EAST RIGHT-OF-WAY, NORTH 28°00’20” EAST A DISTANCE OF 247.72 FEET; THENCE DEPARTING SAID RIGHT-OF-WAY, SOUTH 89°05’40” EAST A DISTANCE OF 336.41 FEET; THENCE NORTH 00°59’07” EAST
A DISTANCE OF 89.23 FEET; THENCE SOUTH 88°59’59” EAST A DISTANCE OF 443.60 FEET; THENCE SOUTH 01°00’00” WEST A DISTANCE OF 38.17 FEET; THENCE NORTH 89°00’00” WEST A DISTANCE OF 10.67 FEET; THENCE SOUTH
01°00’00” WEST A DISTANCE OF 38.67 FEET; THENCE SOUTH 89°00’00” EAST A DISTANCE OF 10.67 FEET; THENCE SOUTH 01°00’00” WEST A DISTANCE OF 39.17 FEET; THENCE SOUTH 88°58’54” EAST A DISTANCE OF
380.30 FEET; THENCE NORTH 51°34’35” WEST A DISTANCE OF 172.55 FEET TO A POINT ON THE AFOREMENTIONED RIGHT-OF-WAY OF SANDS AVENUE, SAID POINT BEING THE BEGINNING OF A NON-TANGENT CURVE, CONCAVE TO THE NORTHEAST, HAVING A RADIUS OF
650.00 FEET AND THROUGH WHICH A LINE TO THE RADIUS POINT BEARS NORTH 60°54’23” EAST; THENCE SOUTHEASTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 09°05’14”, AND AN ARC LENGTH OF 103.09 FEET TO THE POINT OF BEGINNING.

  
 NOTE: THE ABOVE METES AND BOUNDS DESCRIPTION WAS PREPARED BY JOHN E. FORSMAN,
P.L.S. 9911 COVINGTON CROSS DRIVE, SUITE 104, LAS VEGAS, NEVADA, 89144 
  
 THE
ABOVE DESCRIPTION INCLUDES THE FOLLOWING DESCRIBED PARCELS OF LAND DEPICTED ON THAT CERTAIN RECORD OF SURVEY RECORDED JUNE 14, 2004 IN BOOK 20040614 AS DOCUMENT NO. 01698, IN FILE 138, PAGE 77 AND BY SURVEY RECORDED IN FILE 140, PAGE 11 OF SURVEYS:

  
 SURVEY AREA III: 
  
 A PORTION OF LOT 1 FROM ELEVATION 2092 FEET TO 2117 FEET OF THAT CERTAIN FINAL MAP ENTITLED
“FINAL MAP OF THE VENETIAN COMMERCIAL SUBDIVISION”, RECORDED IN BOOK 85 OF PLATS, AT PAGE 20, OFFICIAL RECORDS OF CLARK COUNTY, NEVADA, LYING WITHIN THE NORTHWEST QUARTER (NW 1/4) OF THE SOUTHWEST QUARTER (SW1/4) OF SECTION 16, TOWNSHIP 21
SOUTH, RANGE 61 EAST, M.D.M., CLARK COUNTY, NEVADA, DESCRIBED AS FOLLOWS: 
  
 COMMENCING AT THE NORTHEAST CORNER OF THE SOUTHWEST QUARTER (SW 1/4) OF SAID SECTION 16; THENCE NORTH 84°35’37” WEST, 1816.02 FEET TO THE POINT OF BEGINNING; THENCE SOUTH 00°58’05” WEST, 64.86 FEET; THENCE NORTH
89°45’02” WEST, 21.55 FEET; THENCE SOUTH 01°01’42” WEST, 28.77 FEET; THENCE SOUTH 88°58’43” EAST, 10.16 FEET; THENCE SOUTH 01°01’17” WEST, 3.11 FEET; THENCE NORTH 88°43’34” WEST,
42.16 FEET; THENCE SOUTH 01°16’26” WEST, 0.92 FEET; THENCE NORTH 88°41’52” WEST, 18.54 FEET; THENCE NORTH 11°25’00” WEST, 63.44 FEET; THENCE NORTH 25°31’16” EAST, 7.68 FEET; THENCE NORTH
28°23’13” EAST, 12.38 FEET; THENCE NORTH 80°01’14” EAST, 5.72 FEET; THENCE SOUTH 09°58’46” EAST, 0.98 FEET; THENCE NORTH 79°01’11” EAST, 39.29 FEET; 

  

 A-9 

 
THENCE NORTH 00°19’42” EAST, 23.66 FEET; THENCE SOUTH 89°40’18” EAST, 18.60 FEET; THENCE SOUTH 44°07’42” EAST,
10.18 FEET; THENCE SOUTH 01°20’26” WEST, 7.31 FEET; THENCE SOUTH 89°15’28” EAST, 7.11 FEET TO THE POINT OF BEGINNING. 
  
 SURVEY AREA IV: 
  
 A PORTION OF LOT 1 FROM ELEVATION 2092± FEET TO 2117± FEET OF THAT CERTAIN FINAL MAP ENTITLED “FINAL MAP OF THE VENETIAN COMMERCIAL SUBDIVISION”,
RECORDED IN BOOK 85 OF PLATS, AT PAGE 20, OFFICIAL RECORDS OF CLARK COUNTY, NEVADA, LYING WITHIN THE NORTHWEST QUARTER (NW 1/4) OF THE SOUTHWEST QUARTER (SW1/4) OF SECTION 16, TOWNSHIP 21 SOUTH, RANGE 61 EAST, M.D.M., CLARK COUNTY, NEVADA, DESCRIBED
AS FOLLOWS: 
  
 COMMENCING AT THE NORTHEAST CORNER OF THE SOUTHWEST QUARTER (SW
1/4) OF SAID SECTION 16; THENCE NORTH 85°24’25” WEST, 1655.78 FEET TO THE POINT OF BEGINNING; THENCE SOUTH 01°03’39” WEST, 27.98 FEET; THENCE NORTH 88°27’11” WEST, 15.87 FEET; THENCE SOUTH
01°00’49” WEST, 19.24 FEET; THENCE NORTH 88°59’11” WEST, 3.50 FEET; THENCE SOUTH 01°00’49” WEST, 6.90 FEET; THENCE SOUTH 47°14’39” WEST, 19.65 FEET; THENCE NORTH 43°50’28” WEST,
14.72 FEET; THENCE SOUTH 49°21’55” WEST, 3.73 FEET; THENCE NORTH 44°02’10” WEST, 28.71 FEET; THENCE NORTH 41°44’12” EAST, 3.74 FEET; THENCE NORTH 44°01’35” WEST, 14.81 FEET; THENCE NORTH
45°56’19” EAST, 27.76 FEET; THENCE SOUTH 43°49’53” EAST, 19.83 FEET; THENCE SOUTH 89°03’15” EAST, 5.27 FEET; THENCE NORTH 00°11’58” WEST, 0.60 FEET; THENCE NORTH 89°48’02” EAST,
15.28 FEET; THENCE NORTH 00°11’58” WEST, 3.59 FEET; THENCE NORTH 45°53’39” EAST, 6.66 FEET; THENCE NORTH 00°42’06” WEST, 2.37 FEET; THENCE NORTH 47°13’35” WEST, 8.14 FEET; THENCE NORTH
45°55’49” EAST, 9.58 FEET; THENCE SOUTH 88°48’47” EAST, 8.79 FEET; THENCE SOUTH 01°00’22” WEST, 3.36 FEET; THENCE SOUTH 88°58’09” EAST, 6.95 FEET TO THE POINT OF BEGINNING. 
  
 SURVEY AREA V: 
  
 A PORTION OF LOT 1 FROM ELEVATION 2092± FEET TO 2117± FEET OF THAT CERTAIN
FINAL MAP ENTITLED “FINAL MAP OF THE VENETIAN COMMERCIAL SUBDIVISION”, RECORDED IN BOOK 85 OF PLATS, AT PAGE 20, OFFICIAL RECORDS OF CLARK COUNTY, NEVADA, LYING WITHIN THE NORTHWEST QUARTER (NW 1/4) OF THE SOUTHWEST QUARTER (SW1/4) OF
SECTION 16, TOWNSHIP 21 SOUTH, RANGE 61 EAST, M.D.M., CLARK COUNTY, NEVADA, DESCRIBED AS FOLLOWS: 
  
 COMMENCING AT THE NORTHEAST CORNER OF THE SOUTHWEST QUARTER (SW 1/4) OF SAID SECTION 16; THENCE NORTH 78°10’24” WEST, 1435.98 FEET TO THE POINT OF BEGINNING; THENCE SOUTH 01°04’16” WEST,
31.65 FEET; THENCE SOUTH 44°00’05” EAST, 13.76 FEET; THENCE SOUTH 01°05’53” WEST, 20.66 FEET; THENCE SOUTH 46°04’22” WEST, 13.66 FEET; THENCE SOUTH 17°54’51” EAST, 6.50 FEET; 

  

 A-10 

 
THENCE SOUTH 08°16’39” EAST, 15.59 FEET; THENCE SOUTH 04°10’41” WEST, 52.31 FEET; TO A POINT OF A NON-TANGENT CURVE, CONCAVE TO
THE NORTHWEST, FROM WHICH BEGINNING THE RADIAL POINT BEARS SOUTH 82°38’18” EAST, A RADIUS OF 4.48 FEET, AN ARC LENGTH OF 8.42 FEET, AND THROUGH A CENTRAL ANGLE OF 107°46’49”; THENCE NORTH 65°22’25” WEST,
6.86 FEET; THENCE NORTH 40°15’30” WEST, 1.46 FEET; THENCE SOUTH 89°22’35” WEST, 10.29 FEET; THENCE SOUTH 66°57’30” WEST, 10.28 FEET; THENCE SOUTH 45°27’57” WEST, 10.30 FEET; THENCE SOUTH
22°55’00” WEST, 10.29 FEET; THENCE SOUTH 01°01’37” WEST, 10.32 FEET; THENCE SOUTH 22°03’44” EAST, 11.15 FEET; THENCE SOUTH 45°42’40” EAST, 11.06 FEET; THENCE SOUTH 00°58’41” WEST,
53.01 FEET; THENCE SOUTH 46°05’31” WEST, 42.51 FEET; THENCE NORTH 89°04’00” WEST, 24.16 FEET TO A POINT OF A NON-TANGENT CURVE, CONCAVE TO THE SOUTH, FROM WHICH BEGINNING THE RADIAL POINT BEARS SOUTH
58°02’28” WEST, A RADIUS OF 25.95 FEET, AN ARC LENGTH OF 47.39 FEET, THROUGH A CENTRAL ANGLE OF 104°39’04”; THENCE NORTH 43°58’22” WEST, 77.44 FEET; THENCE NORTH 00°49’55” EAST, 20.30 FEET;
THENCE NORTH 88°33’31” WEST, 14.85 FEET; THENCE NORTH 00°37’42” EAST 55.27 FEET; THENCE SOUTH 88°59’40” EAST, 1.35 FEET; THENCE NORTH 01°00’20” EAST, 71.62 FEET; THENCE NORTH
88°58’52” WEST, 15.07 FEET; THENCE NORTH 01°00’59” EAST, 57.10 FEET; THENCE SOUTH 89°52’53” WEST, 0.97 FEET; THENCE NORTH 00°55’25” EAST, 39.52 FEET; THENCE SOUTH 89°00’47” EAST,
198.27 FEET TO POINT OF A NON-TANGENT CURVE CONCAVE TO THE NORTHEAST, FROM WHICH BEGINNING THE RADIAL POINT BEARS SOUTH 83°49’52” EAST, A RADIUS OF 26.29 FEET, AN ARC LENGTH OF 28.41 FEET, THROUGH A CENTRAL ANGLE OF
61°54’45” TO THE POINT OF BEGINNING. 
  
 SURVEY AREA VI: 
  
 A PORTION OF LOT 1 FROM ELEVATION 2092± FEET
TO 2117± FEET OF THAT CERTAIN FINAL MAP ENTITLED “FINAL MAP OF THE VENETIAN COMMERCIAL SUBDIVISION”, RECORDED IN BOOK 85 OF PLATS, AT PAGE 20, OFFICIAL RECORDS OF CLARK COUNTY, NEVADA, LYING WITHIN THE NORTHWEST QUARTER (NW 1/4) OF
THE SOUTHWEST QUARTER (SW 1/4) OF SECTION 16, TOWNSHIP 21 SOUTH, RANGE 61 EAST, M.D.M., CLARK COUNTY, NEVADA, DESCRIBED AS FOLLOWS: 
  
 COMMENCING AT THE NORTHEAST CORNER OF THE SOUTHWEST QUARTER (SW 1/4) OF SAID SECTION 16; THENCE NORTH 85°33’18” WEST, 1352.88 FEET TO THE POINT OF
BEGINNING; THENCE SOUTH 00°59’17” WEST, 29.45 FEET; THENCE NORTH 89°00’43” WEST, 28.80 FEET; THENCE SOUTH 00%%D59’17” WEST, 12.00 FEET; THENCE SOUTH 89°00’43” EAST, 2.50 FEET; THENCE SOUTH
00°59’17” WEST, 8.83 FEET; THENCE NORTH 89°00’43” WEST, 2.50 FEET; THENCE SOUTH 00°59’17” WEST, 39.05 FEET; THENCE NORTH 89°52’01” WEST, 1.25 FEET; THENCE SOUTH 00°59’17” WEST,
11.19 FEET; THENCE SOUTH 43°48’15” EAST, 5.73 FEET; THENCE SOUTH 00°43’00” WEST, 20.49 FEET; THENCE SOUTH 89°17’00” WEST, 64.88 FEET; THENCE NORTH 00°29’26” EAST, 11.98 FEET; THENCE NORTH
42°57’37” WEST, 7.57 FEET; THENCE NORTH 46°01’06” EAST, 49.08 FEET; THENCE NORTH 01°30’30” EAST, 13.75 

  

 A-11 

 
FEET; THENCE NORTH 89°47’58” WEST, 0.83 FEET; THENCE NORTH 00°54’44” EAST, 53.91 FEET TO THE BEGINNING OF NON-TANGENT CURVE,
CONCAVE TO THE SOUTHEAST, FROM WHICH BEGINNING THE RADIAL POINT BEARS SOUTH 32°38’18” EAST, A RADIUS OF 50.14 FEET, AND ARC LENGTH OF 31.59 FEET AND THROUGH A CENTRAL ANGLE OF 36°05’25”; THENCE SOUTH
84°13’45” EAST, 32.42 FEET TO THE POINT OF BEGINNING. 
  
 SURVEY AREA VII: 
  
 A PORTION OF LOT 1 FROM
ELEVATION 2092± FEET TO 2117± FEET OF THAT CERTAIN FINAL MAP ENTITLED “FINAL MAP OF THE VENETIAN COMMERCIAL SUBDIVISION”, RECORDED IN BOOK 85 OF PLATS, AT PAGE 20, OFFICIAL RECORDS OF CLARK COUNTY, NEVADA, LYING WITHIN THE
NORTHWEST QUARTER (NW 1/4) OF THE SOUTHWEST QUARTER (SW 1/4) OF SECTION 16, TOWNSHIP 21 SOUTH, RANGE 61 EAST, M.D.M., CLARK COUNTY, NEVADA, DESCRIBED AS FOLLOWS: 
  
 ;COMMENCING AT THE NORTHEAST CORNER OF THE SOUTHWEST QUARTER (SW 1/4) OF SAID SECTION 16; THENCE SOUTH 83°35’46” WEST, 1344.11
FEET TO THE POINT OF BEGINNING; THENCE SOUTH 01°01’04” WEST, 106.39 FEET; THENCE SOUTH 45°49’38” WEST, 3.02 FEET; THENCE SOUTH 45°17’39” EAST, 3.87 FEET; THENCE SOUTH 45°55’10” WEST, 16.74
FEET; THENCE NORTH 43°56’40” WEST, 8.44 FEET; THENCE SOUTH 46°07’30” WEST, 18.47 FEET; THENCE NORTH 44°02’50” WEST, 36.27 FEET; THENCE SOUTH 46°18’42” WEST, 45.70 FEET; THENCE NORTH
43°41’18” WEST, 17.74 FEET; THENCE NORTH 21°29’24” WEST, 48.85 FEET; THENCE SOUTH 68°34’01” WEST, 8.31 FEET; THENCE NORTH 21°27’40” WEST, 11.40 FEET; THENCE SOUTH 68°35’22” WEST,
21.21 FEET; THENCE NORTH 21°48’05” WEST, 5.36 FEET; THENCE NORTH 89°32’55” WEST, 1.27 FEET; THENCE NORTH 01°00’49” EAST, 1.98 FEET; THENCE NORTH 18°57’05” WEST, 10.49 FEET TO THE BEGINNING OF
NON-TANGENT CURVE, CONCAVE TO THE SOUTHWEST, FROM WHICH BEGINNING THE RADIAL POINT BEARS NORTH 80°11’41” WEST, A RADIUS OF 26.17 FEET, AND ARC LENGTH OF 29.91 FEET AND THROUGH A CENTRAL ANGLE OF 65°30’15”; THENCE NORTH
01°06’30” EAST, 32.29 FEET; THENCE NORTH 46°05’10” EAST, 14.18 FEET; THENCE SOUTH 89°00’18” EAST, 31.89 FEET; THENCE NORTH 00°36’53” EAST, 11.81 FEET; THENCE SOUTH 89°01’53” EAST,
110.47 FEET; THENCE SOUTH 43°59’38” EAST, 24.34 FEET TO THE POINT OF BEGINNING. 
  

 A-12 

 SURVEY AREA VIII: 
  
 A PORTION OF LOT 1 FROM ELEVATION 2092± FEET TO 2117± FEET OF THAT CERTAIN FINAL MAP ENTITLED “FINAL MAP OF THE VENETIAN
COMMERCIAL SUBDIVISION”, RECORDED IN BOOK 85 OF PLATS, AT PAGE 20, OFFICIAL RECORDS OF CLARK COUNTY, NEVADA, LYING WITHIN THE NORTHWEST QUARTER (NW 1/4) OF THE SOUTHWEST QUARTER (SW 1/4) OF SECTION 16, TOWNSHIP 21 SOUTH, RANGE 61 EAST, M.D.M.,
CLARK COUNTY NEVADA, DESCRIBED AS FOLLOWS: 
  
 COMMENCING AT THE NORTHEAST CORNER
OF THE SOUTHWEST QUARTER (SW 1/4) OF SAID SECTION 16; THENCE SOUTH 78°17’25” WEST, 1492.03 FEET TO THE POINT OF BEGINNING; THENCE SOUTH 01°04’44” WEST, 3.25 FEET; THENCE NORTH 88°57’17” WEST, 6.84 FEET;
THENCE SOUTH 23°14’08” WEST, 37.57 FEET; THENCE NORTH 89°03’09” WEST, 6.60 FEET; THENCE NORTH 00°56’51” EAST, 31.87 FEET; THENCE SOUTH 89°00’17” EAST, 15.03 FEET; THENCE NORTH
00°41’11” EAST, 6.18 FEET; THENCE SOUTH 88°55’16” EAST, 12.69 FEET TO THE POINT OF BEGINNING. 
  
 SURVEY AREA IX: 
  
 A PORTION OF LOT 1 FROM ELEVATION 2092± FEET TO 2117± FEET OF THAT CERTAIN FINAL MAP ENTITLED “FINAL MAP OF THE VENETIAN COMMERCIAL SUBDIVISION”,
RECORDED IN BOOK 85 OF PLATS, AT PAGE 20, OFFICIAL RECORDS OF CLARK COUNTY, NEVADA, LYING WITHIN THE NORTHWEST QUARTER (NW 1/4) OF THE SOUTHWEST QUARTER (SW1/4) OF SECTION 16, TOWNSHIP 21 SOUTH, RANGE 61 EAST, M.D.M., CLARK COUNTY, NEVADA, DESCRIBED
AS FOLLOWS: 
  
 COMMENCING AT THE NORTHEAST CORNER OF THE SOUTHWEST QUARTER (SW
1/4) OF SAID SECTION 16; THENCE SOUTH 82°45’43” WEST, 1608.31 FEET TO THE POINT OF BEGINNING; THENCE SOUTH 01°17’31” WEST, 16.38 FEET; THENCE NORTH 89°14’31” WEST, 0.32 FEET; THENCE SOUTH
00°45’29” WEST, 14.46 FEET; THENCE SOUTH 88°53’39” EAST, 10.63 FEET; THENCE SOUTH 01°06’21” WEST, 0.28 FEET; THENCE SOUTH 88°41’45” EAST, 3.48 FEET; THENCE SOUTH 01°03’49” WEST,
3.50 FEET; THENCE SOUTH 88°34’59” EAST, 2.75 FEET; THENCE SOUTH 00°59’45” WEST, 25.16 FEET; THENCE NORTH 88°55’00” WEST, 0.15 FEET; THENCE SOUTH 01°05’00” WEST, 12.22 FEET; THENCE NORTH
88°44’37” WEST, 1.37 FEET; THENCE SOUTH 01°15’23” WEST, 1.35 FEET; THENCE SOUTH 88°39’50” EAST, 3.17 FEET; THENCE SOUTH 00°46’02” EAST, 3.38 FEET; THENCE NORTH 89°13’58” EAST,
3.45 FEET; THENCE SOUTH 01°00’09” WEST, 16.37 FEET; THENCE SOUTH 01°13’40” WEST, 11.39 FEET; THENCE NORTH 88°14’40” WEST, 2.02 FEET; THENCE SOUTH 02°04’46” WEST, 5.18 FEET; THENCE SOUTH
87°55’14” EAST, 3.49 FEET; THENCE SOUTH 01°03’13” WEST, 26.53 FEET; THENCE NORTH 89°52’17” WEST, 2.81 FEET; THENCE NORTH 01°09’36” EAST, 1.46 FEET; THENCE NORTH 88°50’24” WEST,
9.43 FEET; THENCE NORTH 88°58’24” WEST, 49.66 FEET; THENCE NORTH 02°17’12” EAST, 3.51 FEET; THENCE SOUTH 89°53’42” WEST, 1.09 FEET; THENCE NORTH 00°35’56” EAST, 12.24 FEET; THENCE SOUTH
89°53’17” WEST, 1.54 FEET; THENCE SOUTH 01°20’33” WEST, 1.41 FEET; THENCE NORTH 88°52’59” WEST, 48.27 FEET; THENCE SOUTH 00°38’40” WEST, 14.58 FEET; THENCE NORTH 89°21’20” WEST,
12.40 FEET; THENCE SOUTH 00°58’18” WEST, 5.00 FEET; THENCE NORTH 89°21’20” EAST, 2.51 FEET; THENCE SOUTH 00°38’40” WEST, 18.87 FEET; THENCE NORTH 89°01’42” WEST, 5.00 FEET; THENCE SOUTH
00°58’18” WEST, 7.36 FEET; THENCE NORTH 89°01’42” WEST, 17.37 FEET; THENCE NORTH 00°58’12” EAST, 25.60 FEET; THENCE NORTH 89°33’01” WEST, 1.70 FEET; THENCE NORTH 00°26’59” EAST,
4.71 FEET; THENCE SOUTH 89°33’01” EAST, 1.70 FEET; THENCE NORTH 00°58’09” EAST, 27.20 FEET; THENCE 

  

 A-13 

 
NORTH 89°22’24” WEST, 1.70 FEET; THENCE NORTH 00°37’36” EAST, 4.76 FEET; THENCE SOUTH 89°22’24” EAST, 1.70 FEET;
THENCE NORTH 00°55’52” EAST, 27.13 FEET; THENCE NORTH 89°08’33” WEST, 1.70 FEET; THENCE NORTH 00°51’27” EAST, 4.74 FEET; THENCE SOUTH 89°08’33” EAST, 1.70 FEET; THENCE NORTH
00°54’55” EAST, 27.16 FEET; THENCE NORTH 88°52’32” WEST, 1.70 FEET; THENCE NORTH 01°07’28” EAST, 4.74 FEET; THENCE SOUTH 88°14’38” EAST, 1.70 FEET; THENCE NORTH 01°07’10” EAST,
7.22 FEET; THENCE NORTH 46°05’43” EAST, 9.32 FEET; THENCE NORTH 44°31’53” EAST, 2.07 FEET; THENCE NORTH 45°47’10” WEST, 0.88 FEET; THENCE NORTH 45°54’01” EAST, 34.34 FEET; THENCE SOUTH
88°56’11” EAST, 31.57 FEET; THENCE NORTH 01°11’19” EAST, 2.52 FEET; THENCE SOUTH 88°48’41” EAST, 17.98 FEET; THENCE SOUTH 01°11’19” WEST, 2.46 FEET; THENCE SOUTH 89°01’42” EAST,
40.85 FEET TO THE POINT OF BEGINNING. 
  
 The above descriptions were prepared by
Robert B. Barnes, P.L.S. 
 Professional Land Surveyor Nevada License No. 14186 
  
 EXCEPTING THEREFROM ANY PORTION LYING WITHIN UNIT 1 OF THE FINAL MAP OF THE VENETIAN COMMERCIAL SUBDIVISION MAP FILED IN BOOK 85 OF PLATS,
PAGE 20 IN THE OFFICE OF THE COUNTY RECORDER OF CLARK COUNTY, NEVADA. 
  
 FURTHER
EXCEPTING THEREFROM THAT PORTION AS CONVEYED TO GRAND CANAL SHOPS II, LLC, A DELAWARE LIMITED LIABILITY COMPANY (FOR COFFEE BEAN & TEA LEAF) BY THAT CERTAIN QUITCLAIM DEED RECORDED JUNE 10, 2004 IN BOOK 20040610 AS INSTRUMENT NO. 05116 AND
CORRECTION DEED RECORDED AUGUST 12, 2004 IN BOOK 20040812 AS INSTRUMENT NO. 04342 OF OFFICIAL RECORDS. 
  
 PARCEL 7: 
  
 A NON-EXCLUSIVE EASEMENT FOR PEDESTRIAN AND VEHICULAR INGRESS, EGRESS AND PARKING AS CREATED BY THAT CERTAIN SECOND AMENDED AND RESTATED RECIPROCAL EASEMENT, USE AND
OPERATING AGREEMENT RECORDED JUNE 14, 2004 IN BOOK 20040614 AS INSTRUMENT NO. 02783 AND BY AMENDMENT THERETO RECORDED AUGUST 11, 2004 IN BOOK 20040811 AS INSTRUMENT NO. 03279 OF OFFICIAL RECORDS. 
  
 PARCEL 8: 
  
 A NON-EXCLUSIVE EASEMENT FOR INGRESS AND EGRESS AS CREATED BY THAT CERTAIN MEMORANDUM OF
AGREEMENT RECORDED APRIL 16, 1998 IN BOOK 980416 AS INSTRUMENT NO. 00618 OF OFFICIAL RECORDS. 
  

 A-14 

 PARCEL 9: (CANYON RANCH SPA CLUB) 
  
 SURVEY AREA II 
  
 A PORTION OF UNIT 1 FROM ELEVATION OF 2132± FEET TO 2148± FEET OF THAT CERTAIN FINAL MAP ENTITLED “FINAL MAP OF THE
VENETIAN COMMERCIAL SUBDIVISION”, RECORDED IN BOOK 85 OF PLATS, AT PAGE 20, OFFICIAL RECORDS OF CLARK COUNTY, NEVADA, LYING WITHIN THE NORTHWEST QUARTER (NW 1/4) OF THE SOUTHWEST QUARTER (SW 1/4) OF SECTION 16, TOWNSHIP 21 SOUTH, RANGE 61 EAST,
M.D.M., CLARK COUNTY, NEVADA, DESCRIBED AS FOLLOWS: 
  
 COMMENCING AT THE
NORTHEAST CORNER OF THE SOUTHWEST QUARTER (SW 1/4) OF SAID SECTION 16; THENCE NORTH 81°54’54” WEST, 1260.40 FEET TO THE POINT OF BEGINNING; THENCE SOUTH 01°04’06” WEST, 12.08 FEET; THENCE SOUTH 88°55’54”
EAST, 3.00 FEET; THENCE SOUTH 01°06’48” WEST, 236.12 FEET; THENCE SOUTH 47°19’35” WEST, 23.78 FEET; THENCE NORTH 43°58’35” WEST, 19.78 FEET; THENCE SOUTH 46°01’25” WEST, 14.35 FEET; THENCE
NORTH 44°54’27” WEST, 27.72 FEET; THENCE NORTH 89°00’13” WEST, 42.54 FEET; THENCE NORTH 00°56’55” EAST, 80.30 FEET; THENCE NORTH 89°30’38” WEST, 2.11 FEET; THENCE SOUTH 00°29’22”
WEST, 1.90 FEET; THENCE NORTH 88°54’53” WEST, 26.11 FEET; THENCE NORTH 02°19’39” EAST, 1.64 FEET; THENCE NORTH 89°31’18” WEST, 1.71 FEET; THENCE NORTH 01°05’54” EAST, 27.40 FEET; THENCE SOUTH
88°09’48” EAST, 2.11 FEET; THENCE NORTH 00°12’37” EAST, 0.65 FEET; THENCE SOUTH 87°20’14” EAST, 13.02 FEET; THENCE NORTH 02°39’46” EAST, 30.98 FEET; THENCE SOUTH 87°20’14” EAST,
46.05 FEET; THENCE NORTH 02°39’46” EAST, 5.13 FEET; THENCE SOUTH 89°05’30” EAST, 11.75 FEET; THENCE NORTH 00°54’30” EAST, 2.40 FEET; THENCE SOUTH 88°59’44” EAST, 6.06 FEET; THENCE NORTH
01°00’16” EAST, 0.90 FEET; THENCE SOUTH 88°59’44” EAST, 10.00 FEET; THENCE NORTH 01°00’16” EAST, 95.76 FEET; THENCE SOUTH 88°55’54” EAST, 41.15 FEET TO THE POINT OF BEGINNING. 
  
 NOTE: THE ABOVE METES AND BOUNDS DESCRIPTION APPEARED PREVIOUSLY IN THAT CERTAIN DOCUMENT
RECORDED AUGUST 12, 2004 IN BOOK 20040812 AS INSTRUMENT NO. 04341. 
  

 A-15 

 PARCEL 10: 
  
 LOT A-1 IS AN ABOVE GROUND LOT WITH THE FOLLOWING VERTICAL CONSTRAINTS: A LOWER PLACE ELEVATION OF 2090.29 FEET AND AN UPPER PLAIN ELEVATION
OF 2109.79 FEET, BASED ON THE NORTH AMERICAN VERTICAL DATUM OF 1988, BEING A PORTION OF LOT 2 AS SHOWN IN FILE 96, PAGE 37 OF SURVEYS AND BEING A PORTION OF LOT 1 AS SHOWN IN THAT CERTAIN FINAL MAP ENTITLED “THE VENETIAN COMMERCIAL
SUBDIVISION”, RECORDED IN BOOK 85, PAGE 20 OF PLATS ON FILE AT THE CLARK COUNTY, NEVADA RECORDER’S OFFICE AND ALSO BEING A PORTION OF LOT “A” AS PER RECORD OF SURVEY FILE 122, PAGE 62 OF OFFICIAL CLARK COUNTY RECORDS, LYING
WITHIN THE NORTHWEST QUARTER (NW 1/4) OF SECTION 16, TOWNSHIP 21 SOUTH, RANGE 61 EAST, M.D.M., CLARK COUNTY, NEVADA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: 
  
 COMMENCING AT THE SOUTHEAST CORNER OF THE NORTHWEST QUARTER (NW1/4) OF SAID SECTION 16, BEING A POINT ON THE CENTERLINE OF KOVAL LANE; THENCE ALONG THE EAST LINE OF THE
NORTHWEST QUARTER (NW 1/4) OF SAID SECTION 16 AND THE CENTERLINE OF SAID KOVAL LANE, NORTH 00°24’18” WEST, 10.00 FEET TO THE CENTERLINE OF SANDS AVENUE (WEST); THENCE ALONG THE CENTERLINE OF SAID SANDS AVENUE, NORTH
88°41’36” WEST, 114.70 FEET TO THE BEGINNING OF A CURVE CONCAVE TO THE NORTHEAST AND HAVING A RADIUS OF 600.00 FEET; THENCE NORTHWESTERLY ALONG SAID CURVE AND CENTERLINE TO THE RIGHT, THROUGH A CENTRAL ANGLE OF 59°35’58”,
AN ARC LENGTH OF 624.13 FEET; THENCE DEPARTING SAID CENTERLINE, ALONG A RADIAL BEARING OF SOUTH 60°54’23” WEST, 50.00 FEET TO THE MOST EASTERLY CORNER OF SAID LOT 2; THENCE ALONG THE SOUTHERLY LINE OF SAID LOT 2, SOUTH
51°34’35” WEST, 47.14 FEET TO THE POINT OF BEGINNING; THENCE ALONG THE SOUTHERLY LINE OF SAID LOT 2 THE FOLLOWING SEVEN (7) COURSES: (1) SOUTH 51°34’35” WEST, 125.41 FEET; (2) NORTH 88°58’54” WEST, 380.30
FEET; (3) NORTH 01°00’00” EAST, 39.17 FEET; (4) NORTH 89°00’00” WEST, 10.67 FEET; (5) NORTH 01°00’00” EAST, 38.67 FEET; (6) SOUTH 89°00’00” EAST, 10.67 FEET; (7) NORTH 01°00’00”
EAST, 38.17 FEET; THENCE CONTINUING NORTH 01°00’00” EAST, 100.30 FEET; THENCE SOUTH 89°04’06” EAST, 340.30 FEET; THENCE NORTH 00°55’54” EAST, 48.75 FEET; THENCE SOUTH 89°04’06” EAST, 39.64
FEET; THENCE SOUTH 00°57’00” WEST, 29.17 FEET; THENCE SOUTH 89°04’04” EAST, 48.70 FEET; THENCE SOUTH 00°55’54” WEST, 35.08 FEET; THENCE SOUTH 89°04’00” EAST, 17.62 FEET TO THE BEGINNING OF A
NON-TANGENT CURVE CONCAVE TO THE NORTHEAST AND HAVING A RADIUS OF 299.52 FEET, FROM WHICH BEGINNING THE RADIUS BEARS NORTH 88°52’29” EAST; THENCE SOUTHEASTERLY ALONG SAID CURVE TO THE LEFT, THROUGH A CENTRAL ANGLE OF
24°13’18”, AN ARC LENGTH OF 126.62 FEET TO THE POINT OF BEGINNING. 
  
 LOT A-1 ABOVE IS ALSO SHOWN AS LOT A-1 ON RECORD OF SURVEY FILED IN FILE 124, PAGE 55 OF OFFICIAL CLARK COUNTY RECORDS. 
  
 NOTE: THE ABOVE METES AND BOUNDS DESCRIPTION APPEARED PREVIOUSLY IN THAT CERTAIN DOCUMENT RECORDED JUNE 7, 2002 IN BOOK 20020607 AS INSTRUMENT NO. 00725. 
  
 PARCEL 11: (CENTRAL PARK) 
  
 PARCEL 11A: 
  
 Lot One (1) in Block Two (2) of Amended Plat of Central Park West as shown by map thereof on
file in Book 10 of Plats, Page 13, in the Office of the County Recorder of Clark County, Nevada. 
  

 A-16 

 PARCEL 11B: 
  
 Lots Eight (8) and Fourteen (14) in Block One (1) and Lots Three (3), Four (4), Seven (7), Eight (8) and Nine (9) in Block Three (3) of
Central Park West, as shown by map thereof on file in Book 8 of Plats, Page 23, in the Office of the County Recorder of Clark County, Nevada. 
  
 PARCEL 11C: 
  
 Lot Seven (7) in Block One (1) of Central Park West, as shown by map thereof on file in Book 8 of Plats, Page 23, in the Office of the County Recorder of Clark County,
Nevada. 
  
 TOGETHER WITH 
  
 A portion of the Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4) of Section 16,
Township 21 South, Range 61 East, M.D.M., Clark County Nevada, more particularly described as follows: 
  
 Commencing at the Northeast Corner of said Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4); thence North 88°45’10” West(Basis of Bearing) along the East-West center of said Section 16,
297.53 feet; thence South 01°14’50” West, 40.00 feet; thence continuing South 01°14’50 West along the West line of Lot Sixteen (16), Block One (1) of Central Park West recorded as Book 8 of Plats, Page 23 Clark County Official
Records, 126.00 feet; thence along the Westerly property line of the Easterly portion of a Reversionary Map of a portion of Central Park West recorded as Book 29 of Plats, Page 96 Clark County Official Records as shown on sheet 4 of 4 of said Plat
the following described courses: South 38°23’58” West, 124.87 feet; South 03°25’20” West, 143.05 feet; South 05°05’20” East, 146.54 feet; South 75°54’00” East, 186.65 feet; South
00°58’10” West, 297.06 feet to the True Point of Beginning; thence continuing along said Westerly property line, South 00°58’10” West, 223.70 feet; thence departing said Westerly property line South
88°27’52” East along the North Right of Way line of Westchester Drive, 11.78 feet; thence North 01°53’42” East, 218.71 feet; thence North 70°29’00” West, 16.15 feet to the True Point of Beginning.

  
 PARCEL 11D: 
  
 Lot Nine (9) in Block One (1) of Central Park West, as shown by map thereof on file in Book
8 of Plats, Page 23, in the Office of the County Recorder of Clark County, Nevada. 
  
 TOGETHER WITH 
  
 A portion of the Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4) of Section 16, Township 21 South, Range 61 East, M.D.M., Clark County Nevada, more
particularly described as follows: 
  
 Commencing at the Northeast Corner of Said
Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4); thence North 88°45’10” West (Basis of Bearing) along the East-West center of said Section 16, 297.53 feet; thence South 01°14’50” West, 40.00 feet; thence
continuing South 

  

 A-17 

 
01°14’50” West along the West line of Lot Sixteen (16), Block One (1) of Central Park West recorded as Book 8 of Plats, Page 23, Clark County
Official Records, 126.00 feet; thence along the Westerly property line of the Easterly portion of a Reversionary Map of a portion of Central Park West recorded as Book 29 of Plats, Page 96, Clark County Official Records as shown on sheet 4 of 4 of
said Plat the following described courses, South 38°23’58” West, 124.87 feet; South 03°25’20” West, 143.05 feet; South 05°05’20” East, 146.54 feet; South 75°54’00” East, 50.00 feet to the True
Point of Beginning; thence continuing along said Westerly property line, 136.65 feet; thence along said Westerly property line South 00°58’10” West, 297.06 feet; thence South 70°29’00” East, 16.15 feet; thence the
following described courses, North 01°53’42” East, 86.79 feet; North 56°31’26” West, 10.35 feet; North 03°53’12” West, 84.32 feet; North 00°35’09” East, 125.84 feet; North
75°45’45” West, 133.04 feet; North 64°22’43” West, 3.63 feet; South 17°40’50” West, 1.05 feet to the True Point of Beginning. 
  
 PARCEL 11E: 
  
 Lot Ten (10) in Block One (1) of Central Park West, as shown by map thereof on file in Book 8 of Plats, Page 23, in the Office of the County Recorder of Clark County,
Nevada. 
  
 TOGETHER WITH 
  
 A portion of the Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4) of Section 16,
Township 21 South, Range 61 East, M.D.M., Clark County Nevada, more particularly described as follows: 
  
 Commencing at the Northeast Corner of said Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4); thence North 88°45’10” West (Basis of Bearing) along the East-West center of said Section 16,
297.53 feet; thence South 01°14’50” West, 40.00 feet; thence continuing South 01°14’50” West along the West line of Lot Sixteen (16), Block One (1) of Central Park West recorded as Book 8 of Plats, Page 23 Clark County
Official Records, 126.00 feet; thence along the Westerly property line of the Easterly portion of a Reversionary Map of a portion of Central Park West recorded as Book 29 of Plats, Page 96, Clark County Official Records as shown on sheet 4 of 4 of
said plat the following described courses, South 38°23’58” West, 124.87 feet; South 03°25’20” West, 143.05 feet; South 05°05’20” East, 146.54 feet to the True Point of Beginning; thence continuing along said
Westerly property line, South 75°54’00” East, 50.00 feet; thence North 17°40’50” East, 1.05 feet; thence North 64°22’43” West, 40.72 feet; thence South 62°01’10” West, 13.70 feet to the True
Point of Beginning. 
  
 PARCEL 11F: 

 
 Lot Eleven (11) in Block One (1) of Central Park West, as shown by map thereof on file in
Book 8 of Plats, Page 23, in the Office of the County Recorder of Clark County, Nevada. 
  

 A-18 

 TOGETHER WITH 
  
 A portion of the Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4) of Section 16, Township 21 South, Range 61 East, M.D.M., Clark
County Nevada, more particularly described as follows: 
  
 Commencing at the
Northeast Corner of said Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4); thence North 88°45’10” West (Basis of Bearing) along the East-West center of said Section 16, 297.53 feet; thence South 01°14’50”
West, 40.00 feet; thence continuing South 01°14’50” West along the West line of Lot Sixteen (16), Block One (1) of Central Park West recorded as Book 8 of Plats, Page 23, Clark County Official Records, 126.00 feet; thence along the
Westerly property line of the Easterly portion of a Reversionary Map of a portion of Central Park West recorded as Book 29 of Plats, Page 96, Clark County Official Records as shown on sheet 4 of 4 of said plat the following described courses, South
38°23’58” West, 124.87 feet; South 03°25’20” West, 143.05 feet; South 05°05’20” East, 96.54 feet to the True Point of Beginning; thence continuing along said Westerly property line, South
05°05’20” East, 50.00 feet; thence North 62°01’10” East, 13.70 feet; thence North 64°22’43” West, 14.71 feet; thence North 05°23’09” West, 37.28 feet; thence North 59°27’21” West,
0.15 feet to the True Point of Beginning. 
  
 PARCEL 11G: 
  
 Lot Twelve (12) in Block One (1) of Central Park West,
as shown by map thereof on file in Book 8 of Plats, Page 23, in the Office of the County Recorder of Clark County, Nevada. 
  
 TOGETHER WITH 
  
 A portion of the Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4) of Section 16, Township 21 South, Range 61 East, M.D.M., Clark County Nevada, more
particularly described as follows: 
  
 Commencing at the Northeast Corner of said
Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4); thence North 88°45’10” West (Basis of Bearing) along the East-West center of said Section 16, 297.53 feet; thence South 01°14’50” West, 40.00 feet; thence
continuing South 01°14’50” West along the West line of Lot Sixteen (16), Block One (1) of Central Park West recorded as Book 8 of Plats, Page 23 Clark County Official Records, 126.00 feet; thence along the Westerly property line of the
Easterly portion of a Reversionary Map of a portion of Central Park West recorded as Book 29 of Plats, Page 96, Clark County Official Records as shown on sheet 4 of 4 of said plat the following described courses, South 38°23’58” West,
124.87 feet; South 03°25’20” West, 91.05 feet to the True Point of Beginning; thence continuing along said Westerly property line, South 03°25’20” West, 52.00 feet; South 05°05’20” East, 96.54 feet; thence
South 59°27’21” East, 0.15 feet; thence North 05°23’09” West, 73.55 feet; thence North 03°21’12” West, 21.99 feet; thence North 03°39’07” East, 53.50 feet; thence South 61°57’48”
West, 0.91 feet to the True Point of Beginning. 
  

 A-19 

 PARCEL 11H: 
  
 Lot Thirteen (13) in Block One (1) of Central Park West, as shown by map thereof on file in Book 8 of Plats, Page 23, in the Office of the
County Recorder of Clark County, Nevada. 
  
 TOGETHER WITH 
  
 A portion of the Northwest Quarter (NW 1/4) of the
Southeast Quarter (SE 1/4) of Section 16, Township 21 South, Range 61 East, M.D.M., Clark County Nevada, more particularly described as follows: 
  
 Commencing at the Northeast Corner of said Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4); thence North 88°45’10” West (Basis of Bearing)
along the East-West center of said Section 16, 297.53 feet; thence South 01°14’50” West, 40.00 feet; thence continuing South 01°14’50” West along the West line of Lot Sixteen (16), Block One (1) of Central Park West
recorded as Book 8 of Plats, Page 23, Clark County Official Records, 126.00 feet; thence along the Westerly property line of the Easterly portion of a Reversionary Map of a portion of Central Park West recorded as Book 29 of Plats, Page 96, Clark
County Official Records, as shown on sheet 4 of 4 of said plat, South 38°23’58” West, 124. 87 feet to the True Point of Beginning; thence continuing along said Westerly property line, South 03°25’20” West, 91.05 feet;
thence North 61°57’48” East, 0.91 feet; thence North 03°39’07” East, 43.69 feet; thence North 27°10’16” East 44.40 feet; thence North 29°21’00” East, 4.44 feet; thence North
80°23’00” West, 20.89 feet to the True Point of Beginning. 
  
 PARCEL 11I: 
  
 Lot Fifteen (15) in Block One (1)
of Central Park West, as shown by map thereof on file in Book 8 of Plats, Page 23, in the Office of the County Recorder of Clark County, Nevada. 
  
 TOGETHER WITH 
  
 A portion of the Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4) of Section 16, Township 21 South, Range 61 East, M.D.M., Clark County Nevada, more
particularly described as follows: 
  
 Commencing at the Northeast Corner of said
Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4); thence North 88°45’10” West (Basis of Bearing) along the East-West center of said Section 16, 297.53 feet; thence South 01°14’50” West, 40.00 feet; thence
continuing South 01°14’50” West along the West line of Lot Sixteen (16), Block One (1) of Central Park West recorded as Book 8 of Plats, Page 23, Clark County Official Records, 126.00 feet; thence along the Westerly property line of
the Easterly portion of a Reversionary Map of a portion of Central Park West recorded as Book 29 of Plats, Page 96 Clark County Official Records as shown on sheet 4 of 4 of said plat, South 38°23’58” West, 124.87 feet; thence South
80°23’00” East, 20.89 feet; thence North 29°21’00” East, 117.27 feet; thence North 01°29’24” East, 125.12 feet to a point on the Southerly Right of Way line of Sands Avenue (80.00 feet wide); thence North
88°45’10 West along said Right of Way line, 1.03 feet to the True Point of Beginning. 
  

 A-20 

 PARCEL 11J: 
  
 Lot One (1) in Block Three (3) of Central Park West, as shown by map thereof on file in Book 8 of Plats, Page 23, in the Office of the
County Recorder of Clark County, Nevada. 
  
 EXCEPTING THEREFROM 
  
 A portion of the Northwest Quarter (NW 1/4) of
the Southeast Quarter (SE 1/4) of Section 16, Township 21 South, Range 61 East, M.D.M., Clark County Nevada, more particularly described as follows: 
  
 Commencing at the Northwest corner of said Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4); thence South 88°45’10” East (Basis of Bearing)
along the East-West center of said Section 16, 185.54 feet; thence South 01°14’50” West, 40.00 feet to a point, said point being North 88°45’10’ West, 0.71 feet from the most Northeasterly corner of the Westerly portion
of a Reversionary Map of a portion of Central Park West recorded as Book 29 of Plats, Page 96, Clark County Official Records, as shown on sheet 2 of 4 of said Plat; thence along the centerline of an existing block wall the following described
courses, South 00°06’03” East, 314.65 feet, South 28°29’57” West 2.76 feet; South 12°25’06” East, 18.93 feet to a point on the Easterly property line of the above mentioned Reversionary Map also being the
True Point of Beginning; thence continuing South 12°25’06” East over a portion of Lot One (1), Block Three (3) of Central Park West recorded as Book 8 of Plats, Page 23, Clark County Officials Records, 29.71 feet to a point on the
Easterly property line of said Reversionary Map; thence North 56°13’40” West along said Easterly property line, 7.45 feet; thence North 00°26’37” West along said Easterly property line, 24.87 feet to the True Point of
Beginning. 
  
 TOGETHER WITH 
  
 A portion of the Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4) of Section 16,
Township 21 South, Range 61 East, M.D.M., Clark County Nevada, more particularly described as follows: 
  
 Commencing at the Northwest corner of said Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4); thence South 88°45’10” East (Basis of Bearing) along the East-West center of said Section 16,
185.54 feet; thence South 01°14’50” West, 40.00 feet to a point, said point being North 88°45’10’ West, 0.71 feet from the most Northeasterly corner of the Westerly portion of a Reversionary Map of a portion of Central
Park West recorded as Book 29 of Plats, Page 96, Clark County Official Records as shown on sheet 2 of 4 of said Plat; thence along the centerline of an existing block wall the following described courses, South 00°06’03” East, 314.65
feet, South 28°29’57” West 2.76 feet; South 12°25’06” East, 18.93 feet to a point on the Easterly property line of the above mentioned Reversionary Map; thence continuing South 12°25’06” East over a portion
of Lot One (1), Block Three (3) of Central Park West, recorded as Book 8 of Plats, Page 23, Clark County Officials Records, 29.71 feet to a point on said Easterly property line of said Reversionary Map also being the True Point of Beginning; thence
continuing South 12°25’06” East, 13.30 feet; South 51°03’15” East, 30.37 feet; thence North 55°10’20” East, 12.83 feet to a point on said Easterly property line; thence North 56°13’40” West
along said Easterly property line, 44.52 feet to the True Point of Beginning. 
  

 A-21 

 AND 
  
 A portion of the Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4) of Section 16, Township 21 South, Range 61 East, M.D.M., Clark
County, Nevada, more particularly described as follows: 
  
 Commencing at the
Northwest corner of said Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4); thence South 88°45’10” East (Basis of Bearing) along the East-West center of said Section 16, 185.54 feet; thence South 01°14’ 50”
West, 40.00 feet to the True Point of Beginning, said point being North 88°45’10” West, 0.71 feet from the most Northeasterly corner of the Westerly portion of a Reversionary Map of a portion of Central Park West recorded as Book 29 of
Plats, Page 96, Clark County Officials Records, as shown on sheet 2 of 4 of said Plat; thence along the centerline of an existing block wall the following described courses, South 00°06’03” East, 314.65 feet, South
28°29’57” West, 2.76 feet; South 12°25’06” East, 18.93 feet to a point on the Easterly property line of the above mentioned Reversionary Map; thence departing said block wall North 00°26’37” West along the
said Easterly property line of said Reversionary Map, 335.56 feet; thence North 88°45’10” West, 0.71 feet to the True Point of Beginning. 
  
 PARCEL 11K: 
  
 Lot Two (2) in Block Three (3) of Central Park West, as shown by map thereof on file in Book 8 of Plats, Page 23, in the Office of the County Recorder of Clark County,
Nevada. 
  
 TOGETHER WITH 
  
 A portion of the Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4) of Section 16,
Township 21 South, Range 61 East, M.D.M., Clark County Nevada, more particularly described as follows: 
  
 Commencing at the Northwest corner of said Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4); thence South 88°45’10” East (Basis of Bearing) along the East-West center of said Section 16,
185.54 feet; thence South 01°14’50” West, 40.00 feet to a point, said point being North 88°45’10” West, 0.71 feet from the most Northeasterly corner of the Westerly portion of a Reversionary Map of a portion of Central
Park West recorded as Book 29 of Plats, Page 96, Clark County Officials Records, as shown on sheet 2 of 4 of said Plat; thence along the centerline of an existing block wall the following described courses, South 00°06’03” East, 314.65
feet, South 28°29’57” West, 2.76 feet; South 12°25’06” East, 18.93 feet to a point on the Easterly property line of the above mentioned Reversionary Map; thence continuing South 12°25’06” East over a portion
of Lot One (1), Block Three (3) of Central Park West recorded as Book 8 of Plats, Page 23 Clark County Officials Records, 29.71 feet to a point on said Easterly property line of said Reversionary Map; thence continuing South 12°25’06”
East, 13.30 feet; South 51°03’16” East, 30.37 feet to the True Point of Beginning; thence continuing South 51°03’16” East, 22.07 feet; South 70°06’21” East, 51.56 feet; South 31°36’13” East,
216.28 feet; thence North 88°21’00” East, 4.87 feet to a point on said Easterly property line; thence North 32°02’00” West along said Easterly property line, 216.83 feet; thence North 56°13’40” West 

  

 A-22 

 
along said Easterly property line, 70.16 feet; thence South 55°10’20” West, 12.83 feet to the True Point of Beginning. 
  
 PARCEL 11L: 
  
 Lot Five (5) in Block Three (3) of Central Park West, as shown by map thereof on file in
Book 8 of Plats, Page 23, in the Office of the County Recorder of Clark County, Nevada. 
  
 EXCEPTING THEREFROM 
  
 A portion of the Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4) of Section 16, Township 21 South, Range 61 East, M.D.M., Clark County Nevada, more
particularly described as follows: 
  
 Commencing at the Northwest corner of said
Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4); thence South 88°45’10” East (Basis of Bearing) along the East-West center of said Section 16, 185.54 feet; thence South 01°14’50” West, 40.00 feet to a point,
said point being North 88°45’10” West, 0.71 feet from the most Northeasterly corner of the Westerly portion of a Reversionary Map of a portion of Central Park West recorded as Book 29 of Plats, Page 96, Clark County Official Records,
as shown on sheet 2 of 4 of said Plat; thence along the centerline of an existing block wall the following described courses, South 0°06’03” East, 314.65 feet, South 28°29’57” West 2.76 feet; South 12°25’06”
East 18.93 feet to a point on the Easterly property line of the above mentioned Reversionary Map; thence continuing South 12°25’06” East over a portion of Lot One (1), Block Three (3) of Central Park West, recorded as Book 8 of Plats,
Page 23, Clark County Officials Records, 29.71 feet to a point on said Easterly property line of said Reversionary Map; thence continuing South 12°25’06” East, 13.30 feet; South 51°03’16” East, 52.44 feet; South
70°06’21” East, 51.56 feet; South 31°36’13” East, 273.13 feet; South 02°21’14” East, 61.55 feet; North 88°43’09” East, 3.81 feet to a point on said Easterly property line of said Reversionary
Map also being the True Point of Beginning; thence continuing North 88°32’09” East over a portion of Lot Five (5), Block Three (3) of said plat of Central Park West, 3.95 feet; thence South 02°30’28” East, 2.99 feet to a
point on said Easterly property line of said Reversionary Map; thence North 69°51’50” West along said Easterly property line, 4.74 feet; thence North 16°16’50” East along said Easterly property line, 1.32 feet to the True
Point of Beginning. 
  
 AND 
  
 A portion of the Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4) of Section 16,
Township 21 South, Range 61 East, M.D.M., Clark County Nevada, more particularly described as follows: 
  
 Commencing at the Northwest corner of said Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4); thence South 88°45’10” East (Basis of Bearing) along the East-West center of said Section 16,
185.54 feet; thence South 01°14’50” West, 40.00 feet to a point, said point being North 88°45’10” West, 0.71 feet from the most Northeasterly corner of the Westerly portion of a Reversionary Map of a portion of Central
Park West recorded as Book 29 of Plats, Page 96, 

  

 A-23 

 
Clark County Official Records, as shown on sheet 2 of 4 of said Plat; thence along the centerline of an existing block wall the following described courses,
South 00°06’03” East, 314.65 feet, South 28°29’57” West 2.76 feet; South 12°25’06” East 18.93 feet to a point on the Easterly property line of the above mentioned Reversionary Map; thence continuing South
12°25’06” East over a portion of Lot One (1), Block Three (3) of Central Park West, recorded as Book 8 of Plats, Page 23, Clark County Officials Records, 29.71 feet to a point on said Easterly property line of said Reversionary Map;
thence continuing South 12°25’06” East, 13.30 feet; South 51°03’16” East, 52.44 feet; South 70°06’21” East, 51.56 feet; South 31°36’13” East, 273.13 feet; South 02°21’14” East,
61.55 feet; North 88°43’09” East, 3.81 feet to a point on said Easterly property line of said Reversionary Map; thence continuing North 88°43’09” East over a portion of Lot Five (5), Block Three (3) of said plat of
Central Park West, 3.95 feet; thence South 02°30’28” East, 2.99 feet to a point on said Easterly property line of said Reversionary Map; thence continuing South 02°30’28” East, 8.72 feet; thence North
88°32’20” East, 21.86 feet to a point on said Easterly property line of said Reversionary Map also being the True Point of Beginning; thence continuing North 88°32’20” East over a portion of Lot Five (5), Block Three (3)
of said plat of Central Park West, 29.59 feet; thence South 29°11’43” East, 14.24 feet; thence South 80°55’10” West, 3.30 feet to a point on said Easterly property line of said Reversionary Map; thence North
69°51’50” West along said easterly property line, 35.43 feet to the True Point of Beginning. 
  
 TOGETHER WITH 
  
 A portion of the Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4) of Section 16, Township 21 South, Range 61 East, M.D.M., Clark County, Nevada, more
particularly described as follows: 
  
 Commencing at the Northwest corner of said
Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4); thence South 88°45’10” East (Basis of Bearing) along the East-West center of said Section 16, 185.54 feet; thence South 01°14’50” West, 40.00 feet to a point,
said point being North 88°45’10” West, 0.71 feet from the most Northeasterly corner of the Westerly portion of a Reversionary Map of a portion of Central Park West recorded as Book 29 of Plats, Page 96, Clark County Official Records,
as shown on sheet 2 of 4 of said Plat; thence along the centerline of an existing block wall the following described courses, South 00°06’03” East, 314.65 feet, South 28°29’57” West 2.76 feet; South
12°25’06” East, 18.93 feet to a point on the Easterly property line of the above mentioned Reversionary Map; thence continuing South 12°25’06” East over a portion of Lot One (1), Block Three (3) of Central Park West
recorded as Book 8 of Plats, Page 23, Clark County Officials Records, 29.71 feet to a point on said Easterly property line of said Reversionary Map; thence continuing South 12°25’06” East, 13.30 feet; South 51°03’16”
East, 52.44 feet; South 70°06’21” East, 51.56 feet; South 31°36’13” East, 216.28 feet to the True Point of Beginning; thence continuing South 31°36’13” East, 56.85 feet; South 02°21’14” East,
61.55 feet, North 88°43’09” East, 3.81 feet to a point on said Easterly property line of said Reversionary Map; thence North 16°16’50” East along said Easterly property line, 116.48 feet; thence South
88°21’60” West along said Easterly property line and its prolongation, 68.81 feet to the True Point of Beginning. 
  

 A-24 

 A portion of the Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4) of Section 16, Township 21 South, Range 61
East, M.D.M., Clark County, Nevada, more particularly described as follows: 
  
 Commencing at the Northwest corner of said Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4); thence South 88°45’10” East (Basis of Bearing) along the East-West center of said Section 16, 185.54 feet; thence South
01°14’50” West, 40.00 feet to a point, said point being North 88°45’10” West, 0.71 feet from the most Northeasterly corner of the Westerly portion of a Reversionary Map of a portion of Central Park West recorded as Book
29 of Plats, Page 96, Clark County Official Records, as shown on sheet 2 of 4 of said Plat; thence along the centerline of an existing block wall the following described courses, South 0°06’03” East, 314.65 feet, South
28°29’57” West, 2.76 feet; South 12°25’06” East, 18.93 feet to a point on the Easterly property line of the above mentioned Reversionary Map; thence continuing South 12°25’06” East over a portion of Lot One
(1), Block Three (3) of Central Park West, recorded as Book 8 of Plats, Page 23, Clark County Official Records, 29.71 feet to a point on said Easterly property line of said Reversionary Map; thence continuing South 12°25’06” East,
13.30 feet; South 51°03’16” East, 52.44 feet; South 70°06’21” East, 51.56 feet; South 31°36’13” East, 273.13 feet; South 02°21’14” East, 61.55 feet; North 88°43’09” East, 3.81
feet to a point on said Easterly property line of said Reversionary Map; thence continuing North 88°43’09” East over a portion of Lot Five (5), Block Three (3) of said Plat of Central Park West, 3.95 feet; thence South
02°30’28” East, 2.99 feet to a point on said Easterly property line of said Reversionary Map also being the True Point of Beginning; thence continuing South 02°30’28” East, 8.72 feet; thence North 88°32’20”
East, 21.86 feet; thence departing said block wall North 69°51’50” West along said Easterly property line of said Reversionary Map, 23.69 feet to the True Point of Beginning. 
  
 PARCEL 11M: 
  
 Lot Six (6) in Block Three (3) of Central Park West, as shown by map thereof on file in Book
8 of Plats, Page 23, in the Office of the County Recorder of Clark County, Nevada. 
  
 EXCEPTING THEREFROM 
  
 A portion of the Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4) of Section 16, Township 21 South, Range 61 East, M.D.M., Clark County Nevada, more
particularly described as follows: 
  
 Commencing at the Northwest corner of said
Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4); thence South 88°45’10” East (Basis of Bearing) along the East-West center of said Section 16, 185.54 feet; thence South 01°14’50” West, 40.00 feet to a point,
said point being North 88°45’10” West, 0.71 feet from the most Northeasterly corner of the Westerly portion of a Reversionary Map of a portion of Central Park West recorded as Book 29 of Plats, Page 96, Clark County Official Records,
as shown on sheet 2 of 4 of said Plat; thence along the centerline of an existing block wall the following described courses, South 0°06’03” East, 314.65 feet, South 28°29’57” West, 2.76 feet; South
12°25’06” East, 18.93 feet to a point on the Easterly property line of the above mentioned Reversionary Map; thence continuing South 12°25’06” East over a portion of Lot One (1), Block Three (3) of Central Park West,
recorded as Book 8 of Plats, 

  

 A-25 

 
Page 23, Clark County Official Records, 29.71 feet to a point on said Easterly property line of said Reversionary Map; thence continuing South
12°25’06” East, 13.30 feet; South 51°03’16” East, 52.44 feet; South 70°06’21” East, 51.56 feet; South 31°36’13” East, 273.13 feet; South 02°21’14” East, 61.55 feet; North
88°43’09” East, 3.81 feet to a point on said Easterly property line of said Reversionary Map; thence continuing North 88°32’09” East over a portion of Lot Five (5), Block Three (3) of said Plat of Central Park West, 3.95
feet; thence South 02°30’28” East, 2.99 feet to a point on said Easterly property line of said Reversionary Map; thence continuing South 02°30’28” East, 8.72 feet; thence North 88°32’20” East, 21.86 feet to
a point on said Easterly property line of said Reversionary Map; thence continuing North 88°32’20” East over a portion of Lot Five (5), Block Three (3) of said Plat of Central Park West, 29.59 feet; thence South 29°11’43”
East, 14.24 feet to the True Point of Beginning; thence continuing South 29°11’43” East, over a portion of Lot Six (6), Block Three (3) of said plat of Central Park West 45.50 feet to a point on said Easterly property line of said
Reversionary Map; thence North 32°59’40” West along said Easterly property line, 46.74 feet; thence North 80°55’10” East, 3.30 feet to the True Point of Beginning. 
  
 TOGETHER WITH 
  
 A portion of the Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4) of Section 16,
Township 21 South, Range 61 East, M.D.M., Clark County Nevada, more particularly described as follows: 
  
 Commencing at the Northwest corner of said Northwest Quarter (NW 1/4) of the Southeast Quarter (SE 1/4); thence South 88°45’10” East (Basis of Bearing) along the East-West center of said Section 16,
185.54 feet; thence South 01°14’50” West, 40.00 feet to a point, said point being North 88°45’10” West, 0.71 feet from the most Northeasterly corner of the Westerly portion of a Reversionary Map of a portion of Central
Park West recorded as Book 29 of Plats, Page 96, Clark County Officials Records, as shown on sheet 2 of 4 of said Plat; thence along the centerline of an existing block wall the following described courses, South 0°06’03” East, 314.65
feet, South 28°29’57” West, 2.76 feet; South 12°25’06” East, 18.93 feet to a point on the Easterly property line of the above mentioned Reversionary Map; thence continuing South 12°25’06” East over a portion
of Lot One (1), Block Three (3) of Central Park West recorded as Book 8 of Plats, Page 23 Clark County Officials Records, 29.71 feet to a point on said Easterly property line of said Reversionary Map; thence continuing South 12°25’06”
East, 13.30 feet; South 51°03’16” East, 52.44 feet; South 70°06’21” East, 51.56 feet; South 31°36’13” East, 273.13 feet; South 02°21’14” East, 61.55 feet; North 88°43’09” East,
3.81 feet to a point on said Easterly property line of said Reversionary Map; thence continuing North 88°43’09” East over a portion of Lot Five (5), Block Three (3) of said Plat of Central Park West, 3.95 feet; thence South
02°30’28” East, 2.99 feet to a point on said Easterly property line of said Reversionary Map; thence continuing South 02°30’28” East, 8.72 feet; thence North 88°32’20” East, 21.86 feet to a point on said
Easterly property line of said Reversionary Map; thence continuing North 88°32’20” East over a portion of Lots Five (5) and Six (6), Block Three (3) of said Plat of Central Park West, 29.59 feet; thence South 29°11’43”
East, 59.74 feet to a point on said Easterly property line of said Reversionary Map also being the True Point of Beginning; thence continuing South 29°11’43” East, 83.49 feet; thence South 13°37’04” East, 13.70 feet;
thence continuing along said centerline of said block wall and its projection South 55°54’29” East, 20.47 feet to a point on said 

  

 A-26 

 
Easterly property line of said Reversionary Map; thence departing said block wall and its projection North 12°13’30” East along said Easterly
property line, 2.96 feet; thence North 32°59’40” West along said property line, 113.00 feet to the True Point of Beginning. 
  
 The above metes and bounds descriptions last appeared in that certain Grant, Bargain, Sale Deed recorded May 6, 2004 in Book 20040506 as Document No. 03640, Official
Records. 
  
 PARCEL 11N: 
  
 Together with that portion of Central Park Circle as vacated by order of vacation recorded
October 5, 2004 in Book 20041005 as Document No. 02227. 
  
 PARCEL 12: (SPACE NO. 2460 AND ADDITIONAL SPACE) 
  
 That certain portion of the Grand Canal Shops as depicted on Exhibit “B” of that certain unrecorded Lease dated May 17, 2004 by and between Grand Canal Shops II, LLC, a Delaware limited liability company, as Lessor and Venetian
Casino Resort, LLC, a Nevada limited liability company, as Lessee, as disclosed to the company. 
  
 PARCEL 13: (OFFICE SPACE LEASE) 
  
 That certain portion of the Grand Canal Shops as depicted on Exhibit “B” of that certain unrecorded Lease dated May 17, 2004 by and between Grand Canal Shops
II, LLC, a Delaware limited liability company, as Lessor and Venetian Casino Resort, LLC, a Nevada limited liability company, as Lessee, as disclosed to the company. 
  
 PARCEL 14: (“SHOWROOM SPACE” - SPACE NO. 1158) 
  
 That certain portion of the Grand Canal Shops as depicted on Exhibit “B” of that
certain unrecorded Lease dated May 17, 2004 by and between Grand Canal Shops II, LLC, a Delaware limited liability company, as Lessor and Venetian Casino Resort, LLC, a Nevada limited liability company, as Lessee, as disclosed to the company.

  

 A-272004 Equity Award Plan

 Exhibit 10.41 
  
 Las Vegas Sands Corp. 
 2004 EQUITY AWARD PLAN 
 (Effective as of December 15, 2004) 
  

	1.	Purpose 

  
 The purpose of the Plan is to provide a means through which the Company and its Affiliates may attract able persons to enter and remain in the employ of
the Company and its Affiliates and to provide a means whereby employees, directors and consultants of the Company and its Affiliates can acquire and maintain Common Stock ownership, or be paid incentive compensation measured by reference to the
value of Common Stock, thereby strengthening their commitment to the welfare of the Company and its Affiliates and promoting an identity of interest between stockholders and these persons. 
  
 So that the appropriate incentive can be provided, the Plan provides for
granting Incentive Stock Options, Nonqualified Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Stock Bonuses and Performance Compensation Awards, or any combination of the foregoing. 
  

	2.	Definitions 

  
 The following definitions shall be applicable throughout the Plan. 
  
 (a) “Affiliate” means (i) any entity that directly or indirectly is controlled by, controls
or is under common control with the Company and (ii) to the extent provided by the Committee, any entity in which the Company has a significant equity interest. 
  
 (b) “Award” means, individually or collectively, any Incentive Stock Option, Nonqualified
Stock Option, Stock Appreciation Right, Restricted Stock, Restricted Stock Unit, Stock Bonus or Performance Compensation Award granted under the Plan. 
  
 (c) “Board” means the Board of Directors of the Company. 
  
 (d) “Cause” means the Company or an Affiliate having “cause” to terminate a
Participant’s employment or service, as defined in any existing employment, consulting or any other agreement between the Participant and the Company or an Affiliate or, in the absence of such an employment, consulting or other agreement, upon
(i) the determination by the Committee that the Participant has ceased to perform his duties to the Company, or an Affiliate (other than as a result of his incapacity due to physical or mental illness or injury), which failure amounts to an
intentional and extended neglect of his duties to such party, (ii) the Committee’s determination that the Participant has engaged or is about to engage in conduct materially injurious to the 

  

 
Company or an Affiliate, (iii) the Participant having been convicted of, or plead guilty or no contest to, a felony or any crime involving as a material
element fraud or dishonesty, (iv) the failure of the Participant to follow the lawful instructions of the Board or his direct superiors or (v) in the case of a Participant who is a non-employee director, the Participant ceasing to be a member of the
Board in connection with the Participant engaging in any of the activities described in clauses (i) through (iv) above. 
  
 (e) “Change in Control” shall, unless in the case of a particular Award the applicable Award agreement states otherwise
or contains a different definition of “Change in Control,” be deemed to occur upon: 
  
 (i) the acquisition by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Exchange Act (a
“Person”) of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of 50% or more (on a fully diluted basis) of either (A) the then outstanding shares of Common Stock of the Company, taking into
account as outstanding for this purpose such Common Stock issuable upon the exercise of options or warrants, the conversion of convertible stock or debt, and the exercise of any similar right to acquire such Common Stock (the “Outstanding
Company Common Stock”) or (B) the combined voting power of the then outstanding voting securities of the Company entitled to vote generally in the election of directors (the “Outstanding Company Voting Securities”);
provided, however, that for purposes of this Plan, the following acquisitions shall not constitute a Change in Control: (I) any acquisition by the Company or any Affiliate, (II) any acquisition by any employee benefit plan sponsored or
maintained by the Company or any Affiliate, (III) any acquisition by Sheldon G. Adelson (“Adelson”) or any Related Party or any group of which Adelson or a Related Party is a member (a “Designated Holder”), (IV) any
acquisition which complies with clauses (A) and (B) of subsection (v) of this Section 2(e), or (V) in respect of an Award held by a particular Participant, any acquisition by the Participant or any group of persons including the Participant (or any
entity controlled by the Participant or any group of persons including the Participant); 
  
 (ii) individuals who, on the date hereof, constitute the Board (the “Incumbent Directors”) cease for any reason to
constitute at least a majority of the Board, provided that any person becoming a director subsequent to the date hereof, whose election or nomination for election was approved by a vote of at least two-thirds of the Incumbent Directors then on the
Board (either by a specific vote or by approval of a registration statement of the Company describing such person’s inclusion on the Board, or a proxy statement of the Company in which such person is named as a nominee for director, without
written objection to such nomination) shall be an Incumbent Director; provided, however, that no individual initially elected or nominated as a director of the Company as a result of an actual or threatened election contest, as such
terms are used in Rule 14a-11 of Regulation A promulgated under the Exchange Act, with respect to directors or as a result of any other actual or threatened solicitation of proxies or consents by 

  

 2 

 
or on behalf of any person other than the Board shall be deemed to be an Incumbent Director; 
  
 (iii) the dissolution or liquidation of the Company; 
  
 (iv) the sale, transfer or other disposition of all or
substantially all of the business or assets of the Company, other than any such sale, transfer or other disposition to one or more Designated Holders; or 
  
 (v) the consummation of a reorganization, recapitalization, merger, consolidation, statutory share exchange or similar form of corporate
transaction involving the Company that requires the approval of the Company’s stockholders, whether for such transaction or the issuance of securities in the transaction (a “Business Combination”), unless immediately following
such Business Combination: (A) more than 50% of the total voting power of (x) the entity resulting from such Business Combination (the “Surviving Company”), or (y) if applicable, the ultimate parent entity that directly or
indirectly has beneficial ownership of sufficient voting securities eligible to elect a majority of the members of the board of directors (or the analogous governing body) of the Surviving Company (the “Parent Company”), is
represented by the Outstanding Company Voting Securities that were outstanding immediately prior to such Business Combination (or, if applicable, is represented by shares into which the Outstanding Company Voting Securities were converted pursuant
to such Business Combination), and such voting power among the holders thereof is in substantially the same proportion as the voting power of the Outstanding Company Voting Securities among the holders thereof immediately prior to the Business
Combination, and (B) at least a majority of the members of the board of directors (or the analogous governing body) of the Parent Company (or, if there is no Parent Company, the Surviving Company) following the consummation of the Business
Combination were Board members at the time of the Board’s approval of the execution of the initial agreement providing for such Business Combination. 
  
 (f) “Code” means the Internal Revenue Code of 1986, as amended. Reference in the Plan to any section of the Code shall be
deemed to include any amendments or successor provisions to such section and any regulations under such section. 
  
 (g) “Committee” means (i) a committee of at least two people as the Board may appoint to administer the Plan or (ii) (x)
if no such committee has been appointed by the Board or (y) even if such a committee has been appointed, with respect to the grant of an Award to a Non-Employee Director and the administration of such Award, the Board. Unless the Board is acting as
the Committee or the Board specifically determines otherwise, each member of the Committee shall, at the time he takes any action with respect to an Award under the Plan, be an Eligible Director. However, the fact that a Committee member shall fail
to qualify as an Eligible Director shall not 

  

 3 

 
invalidate any Award granted by the Committee which Award is otherwise validly granted under the Plan. 
  
 (h) “Common Stock” means the common stock,
par value $0.001 per share, of the Company and any stock into which such common stock may be converted or into which it may be exchanged. 
  
 (i) “Company” means Las Vegas Sands Corp., a Nevada corporation, and any successor thereto. 
  
 (j) “Date of Grant” means the date on which
the granting of an Award is authorized, or such other date as may be specified in such authorization or, if there is no such date, the date indicated on the applicable Award agreement. 
  
 (k) “Director Stock Option” means a grant of a Nonqualified Stock Option to a Non-Employee
Director under Section 7 of the Plan. 
  
 (l)
“Director Restricted Stock” means a grant of Restricted Stock to a Non-Employee Director under Section 10 of the Plan. 
  
 (m) “Disability” means, unless in the case of a particular Award the applicable Award agreement states otherwise, the
Company or an Affiliate having cause to terminate a Participant’s employment or service on account of “disability,” as defined in any existing employment, consulting or other similar agreement between the Participant and the Company
or an Affiliate or, in the absence of such an employment, consulting or other agreement, a condition entitling the Participant to receive benefits under a long-term disability plan of the Company or an Affiliate or, in the absence of such a plan,
the complete and permanent inability by reason of illness or accident to perform the duties of the occupation at which a Participant was employed or served when such disability commenced, as determined by the Committee based upon medical evidence
acceptable to it. 
  
 (n) “Effective
Date” means December 15, 2004. 
  
 (o)
“Eligible Director” means a person who is (i) a “non-employee director” within the meaning of Rule 16b-3 under the Exchange Act, or a person meeting any similar requirement under any successor rule or regulation and (ii)
an “outside director” within the meaning of Section 162(m) of the Code, and the Treasury Regulations promulgated thereunder; provided, however, that clause (ii) shall apply only with respect to grants of Awards with respect
to which the Company’s tax deduction could be limited by Section 162(m) of the Code if such clause did not apply. 
  
 (p) “Eligible Person” means any (i) individual regularly employed by the Company or Affiliate who satisfies all of the
requirements of Section 6; provided, however, that no such employee covered by a collective bargaining agreement shall be an Eligible Person unless and to the extent that such eligibility is set forth in such collective bargaining
agreement or in an agreement or instrument relating thereto; (ii) director of the Company or an Affiliate or (iii) consultant or advisor to the Company or 

  

 4 

 
an Affiliate who may be offered securities pursuant to a Registration Statement on Form S-8 under the Securities Act or any successor form that may be
adopted by the Securities and Exchange Commission. 
  
 (q) “Exchange Act” means the Securities Exchange Act of 1934, as amended. 
  
 (r) “Fair Market Value”, on a given date means (i) if the Stock is listed on a national securities exchange, the average
of the highest and lowest sale prices reported as having occurred on the primary exchange with which the Stock is listed and traded on the date prior to such date, or, if there is no such sale on that date, then on the last preceding date on which
such a sale was reported; (ii) if the Stock is not listed on any national securities exchange but is quoted in the Nasdaq National Market (the “Nasdaq”) on a last sale basis, the average between the high bid price and low ask price
reported on the date prior to such date, or, if there is no such sale on that date, then on the last preceding date on which a sale was reported; or (iii) if the Stock is not listed on a national securities exchange nor quoted in the Nasdaq on a
last sale basis, the amount determined by the Committee to be the fair market value based upon a good faith attempt to value the Stock accurately and computed in accordance with applicable regulations of the Internal Revenue Service. 
  
 (s) “Incentive Stock Option” means an
Option granted by the Committee to a Participant under the Plan which is designated by the Committee as an incentive stock option as described in Section 422 of the Code and otherwise meets the requirements set forth herein. 
  
 (t) “Mature Shares” means shares of Stock
owned by a Participant which are not subject to any pledge or other security interest and have either been held by the Participant for six months, previously acquired by the Participant on the open market or meet such other requirements as the
Committee may determine are necessary in order to avoid an accounting earnings charge on account of the use of such shares to pay the Option Price or satisfy a withholding obligation in respect of an Option. 
  
 (u) “Negative Discretion” shall mean the
discretion authorized by the Plan to be applied by the Committee to eliminate or reduce the size of a Performance Compensation Award in accordance with Section 11(d)(iv) of the Plan; provided, that the exercise of such discretion would not
cause the Performance Compensation Award to fail to qualify as “performance-based compensation” under Section 162(m) of the Code. 
  
 (v) “Nevada Gaming Laws” means the statutes of the State of Nevada, the regulations of the Nevada Gaming Commission, the
rules, directives and decisions of the Nevada Gaming Commission and State Gaming Control Board, the ordinances of Clark County, Nevada, and the regulations of the Clark County Liquor and Gaming Licensing Board. 
  

 5 

 (w) “Non-Employee Director” shall mean a director of the Company who is
not also an employee of the Company. 
  
 (x)
“Nonqualified Stock Option” means an Option granted by the Committee to a Participant under the Plan which is not designated by the Committee as an Incentive Stock Option. 
  
 (y) “Option” means an Award granted under
Section 7. 
  
 (z) “Option
Period” means the period described in Section 7(c). 
  
 (aa) “Option Price” means the exercise price for an Option as described in Section 7(a). 
  
 (bb) “Participant” means an Eligible Person who has been selected by the Committee to participate in the Plan and to
receive an Award pursuant to Section 6. 
  
 (cc)
“Parent” means any parent of the Company as defined in Section 424(e) of the Code. 
  
 (dd) “Performance Compensation Award” shall mean any Award designated by the Committee as a Performance Compensation
Award pursuant to Section 11 of the Plan. 
  
 (ee) “Performance Criteria” shall mean the criterion or criteria that the Committee shall select for purposes of establishing the Performance Goal(s) for a Performance Period with respect to any Performance Compensation
Award under the Plan. The Performance Criteria that will be used to establish the Performance Goal(s) shall be based on the attainment of specific levels of performance of the Company (or Affiliate, division or operational unit of the Company) and
shall be limited to the following: 
  
 (i) net
earnings or net income (before or after taxes); 
  
 (ii) basic or diluted earnings per share (before or after taxes); 
  
 (iii) net revenue or net revenue growth; 
  
 (iv) gross profit or gross profit growth; 
  
 (v) net operating profit (before or after taxes); 
  
 (vi) return measures (including, but not limited to, return on assets, capital, invested capital, equity, or sales); 
  

 6 

 (vii) cash flow (including, but not limited to, operating cash flow, free cash flow, and
cash flow return on capital); 
  
 (viii) earnings
before or after taxes, interest, depreciation, amortization and/or rents; 
  
 (ix) gross or operating margins; 
  
 (x) productivity ratios; 
  
 (xi) share price (including, but not limited to, growth measures and total stockholder return); 
  
 (xii) expense targets; 
  
 (xiii) margins; 
  
 (xiv) operating efficiency; 
  
 (xv) objective measures of customer satisfaction; 
  
 (xvi) working capital targets; 
  
 (xvii) measures of economic value added; and 
  
 (xviii) inventory control. 
  
 Any one or more of the Performance Criterion may be used to measure the performance of the Company and/or an Affiliate as a
whole or any business unit of the Company and/or an Affiliate or any combination thereof, as the Committee may deem appropriate, or any of the above Performance Criteria as compared to the performance of a group of comparator companies, or published
or special index that the Committee, in its sole discretion, deems appropriate, or the Company may select Performance Criterion (xi) above as compared to various stock market indices. The Committee also has the authority to provide for accelerated
vesting of any Award based on the achievement of Performance Goals pursuant to the Performance Criteria specified in this paragraph. To the extent required under Section 162(m) of the Code, the Committee shall, within the first 90 days of a
Performance Period (or, if longer, within the maximum period allowed under Section 162(m) of the Code), define in an objective fashion the manner of calculating the Performance Criteria it selects to use for such Performance Period. In the event
that applicable tax and/or securities laws change to permit Committee discretion to alter the governing Performance Criteria without obtaining stockholder approval of such changes, the Committee shall have sole discretion to make such changes
without obtaining stockholder approval. 
  
 (ff)
“Performance Formula” shall mean, for a Performance Period, the one or more objective formulas applied against the relevant Performance Goal to determine, with regard to the Performance Compensation Award of a particular 

  

 7 

 
Participant, whether all, some portion but less than all, or none of the Performance Compensation Award has been earned for the Performance Period.

  
 (gg) “Performance Goals”
shall mean, for a Performance Period, the one or more goals established by the Committee for the Performance Period based upon the Performance Criteria. The Committee is authorized at any time during the first 90 days of a Performance Period (or, if
longer or shorter, within the maximum period allowed under Section 162(m) of the Code), or at any time thereafter (but only to the extent the exercise of such authority after such period would not cause the Performance Compensation Awards granted to
any Participant for the Performance Period to fail to qualify as “performance-based compensation” under Section 162(m) of the Code), in its sole and absolute discretion, to adjust or modify the calculation of a Performance Goal for such
Performance Period to the extent permitted under Section 162(m) of the Code in order to prevent the dilution or enlargement of the rights of Participants based on the following events: 
  
 (i) asset write-downs, 
  
 (ii) litigation or claim judgments or settlements, 
  
 (iii) the effect of changes in tax laws, accounting
principles, or other laws or provisions affecting reported results, 
  
 (iv) any reorganization and restructuring programs, 
  
 (v) extraordinary nonrecurring items as described in Accounting Principles Board Opinion No. 30 (or any successor pronouncement thereto)
and/or in management’s discussion and analysis of financial condition and results of operations appearing in the Company’s annual report to stockholders for the applicable year, 
  
 (vi) acquisitions or divestitures, 
  
 (vii) any other unusual or nonrecurring events, 

 
 (viii) foreign exchange gains and losses, and 

 
 (ix) a change in the Company’s fiscal year.

  
 (hh) “Performance Period”
shall mean the one or more periods of time, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to and the payment of a Performance
Compensation Award. 
  
 (ii)
“Plan” means this Las Vegas Sands Corp. 2004 Equity Award Plan. 
  

 8 

 (jj) Related Party means (i) any spouse, child, stepchild, sibling or descendant
of Adelson, (ii) any estate of Adelson or any person described in clause (i), (iii) any person who receives a beneficial interest in the Company or any Subsidiary from any estate described in clause (ii) to the extent of such interest, (iv) any
executor, personal administrator or trustee who hold such beneficial interest in the Company or any Subsidiary for the benefit of, or as fiduciary for, any person under clauses (i), (ii) or (iii) to the extent of such interest, (v) any corporation,
trust or similar entity owned or controlled by Adelson or any person referred to in clause (i), (ii), (iii) or (iv) or for the benefit of any person referred to in clause (i), or (vi) the spouse or issue of one or more of the persons described in
clause (i). 
  
 (kk) “Restricted
Period” means, with respect to any Award of Restricted Stock or any Restricted Stock Unit, the period of time determined by the Committee during which such Award is subject to the restrictions set forth in Section 9 or, as applicable, the
period of time within which performance is measured for purposes of determining whether an Award has been earned. 
  
 (ll) “Restricted Stock Unit” means a hypothetical investment equivalent to one share of Stock granted in connection with
an Award made under Section 9. 
  
 (mm)
“Restricted Stock” means shares of Stock issued or transferred to a Participant subject to forfeiture and the other restrictions set forth in Section 9. 
  
 (nn) “Securities Act” means the Securities Act of 1933, as amended. 
  
 (oo) “Stock” means the Common Stock or such
other authorized shares of stock of the Company as the Committee may from time to time authorize for use under the Plan. 
  
 (pp) “Stock Appreciation Right” or “SAR” means an Award granted under Section 8 of the Plan. 

 
 (qq) “Stock Bonus” means an Award
granted under Section 10 of the Plan. 
  
 (rr)
“Stock Option Agreement” means any agreement between the Company and a Participant who has been granted an Option pursuant to Section 7 which defines the rights and obligations of the parties thereto. 
  
 (ss) “Strike Price” means, (i) in the case
of a SAR granted in tandem with an Option, the Option Price of the related Option, or (ii) in the case of a SAR granted independent of an Option, the Fair Market Value on the Date of Grant. 
  
 (tt) “Subsidiary” means any subsidiary of
the Company as defined in Section 424(f) of the Code. 
  

 9 

 (uu) “Vested Unit” shall have the meaning ascribed thereto in Section
9(d). 
  

	3.	Effective Date, Duration and Shareholder Approval 

  
 The Plan is effective as of the Effective Date. No Option shall be treated as an Incentive Stock Option unless the Plan has been approved by the
shareholders of the Company in a manner intended to comply with the shareholder approval requirements of Section 422(b)(i) of the Code; provided, that any Option intended to be an Incentive Stock Option shall not fail to be effective solely
on account of a failure to obtain such approval, but rather such Option shall be treated as a Nonqualified Stock Option unless and until such approval is obtained. 
  
 The expiration date of the Plan, on and after which no Awards may be granted hereunder, shall be the tenth anniversary of
the Effective Date; provided, however, that the administration of the Plan shall continue in effect until all matters relating to Awards previously granted have been settled. 
  

	4.	Administration 

  
 (a) The Committee shall administer the Plan. The majority of the members of the Committee shall constitute a quorum. The acts of a
majority of the members present at any meeting at which a quorum is present or acts approved in writing by a majority of the Committee shall be deemed the acts of the Committee. 
  
 (b) Subject to the provisions of the Plan and applicable law, the Committee shall have the power, and in
addition to other express powers and authorizations conferred on the Committee by the Plan, to: (i) designate Participants; (ii) determine the type or types of Awards to be granted to a Participant; (iii) determine the number of shares of Stock to
be covered by, or with respect to which payments, rights, or other matters are to be calculated in connection with, Awards; (iv) determine the terms and conditions of any Award; (v) determine whether, to what extent, and under what circumstances
Awards may be settled or exercised in cash, shares of Stock, other securities, other Awards or other property, or canceled, forfeited, or suspended and the method or methods by which Awards may be settled, exercised, canceled, forfeited, or
suspended; (vi) determine whether, to what extent, and under what circumstances the delivery of cash, Stock, other securities, other Options, other property and other amounts payable with respect to an Award shall be deferred either automatically or
at the election of the holder thereof or of the Committee; (vii) interpret, administer, reconcile any inconsistency, correct any defect and/or supply any omission in the Plan and any instrument or agreement relating to, or Award granted under, the
Plan; (viii) establish, amend, suspend, or waive such rules and regulations; (ix) appoint such agents as it shall deem appropriate for the proper administration of the Plan; and (x) make any other determination and take any other action that the
Committee deems necessary or desirable for the administration of the Plan. 
  

 10 

 (c) Unless otherwise expressly provided in the Plan, all designations, determinations,
interpretations, and other decisions under or with respect to the Plan or any Award or any documents evidencing Awards granted pursuant to the Plan shall be within the sole discretion of the Committee, may be made at any time and shall be final,
conclusive and binding upon all parties, including, without limitation, the Company, any Affiliate, any Participant, any holder or beneficiary of any Award, and any shareholder. 
  
 (d) No member of the Committee shall be liable for any action or determination made in good faith with
respect to the Plan or any Award hereunder. 
  

	5.	Grant of Awards; Shares Subject to the Plan 

  
 The Committee may, from time to time, grant Awards of Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Stock Bonuses and/or
Performance Compensation Awards to one or more Eligible Persons; provided, however, that: 
  
 (a) Subject to Section 13, the aggregate number of shares of Stock in respect of which Awards may be granted under the Plan is 26,344,000
shares; 
  
 (b) Shares of Stock shall be deemed
to have been used in settlement of Awards whether they are actually delivered or the Fair Market Value equivalent of such shares is paid in cash; provided, however, that shares of Stock delivered (either directly or by means of
attestation) in full or partial payment of the Option Price in accordance with Section 7(b) shall be deducted from the number of shares of Stock delivered to the Participant pursuant to such Option for purposes of determining the number of shares of
Stock acquired pursuant to the Plan. In accordance with (and without limitation upon) the preceding sentence, if and to the extent an Award under the Plan expires, terminates or is canceled for any reason whatsoever without the Participant having
received any benefit therefrom, the shares covered by such Award shall again become available for future Awards under the Plan. For purposes of the foregoing sentence, a Participant shall not be deemed to have received any “benefit” (i) in
the case of forfeited Restricted Stock Awards by reason of having enjoyed voting rights and dividend rights prior to the date of forfeiture or (ii) in the case of an Award canceled pursuant to Section 5(e) by reason of a new Award being granted in
substitution therefor. 
  
 (c) Stock delivered by
the Company in settlement of Awards may be authorized and unissued Stock, Stock held in the treasury of the Company, Stock purchased on the open market or by private purchase, or a combination of the foregoing; 
  
 (d) Subject to Section 13, no person may be granted Options
or SARs under the Plan during any calendar year with respect to more than 3,000,000 shares of Stock; and 
  
 (e) Without limiting the generality of the preceding provisions of this Section 5, the Committee may, but solely with the
Participant’s consent, agree to 

  

 11 

 
cancel any Award under the Plan and issue a new Award in substitution therefor upon such terms as the Committee may in its sole discretion determine,
provided that the substituted Award satisfies all applicable Plan requirements and the requirements of any stock exchange and stock quotation system on or over which the Stock is listed or traded, as applicable, as of the date such new Award is
granted. 
  

	6.	Eligibility 

  
 Participation shall be limited to Eligible Persons who have entered into an Award agreement or who have received written notification from the Committee,
or from a person designated by the Committee, that they have been selected to participate in the Plan. 
  

	7.	Options 

  
 The Committee is authorized to grant one or more Incentive Stock Options or Nonqualified Stock Options to any Eligible Person; provided,
however, that no Incentive Stock Option shall be granted to any Eligible Person who is not an employee of the Company or a Parent or Subsidiary. Each Option so granted shall be subject to the conditions set forth in this Section 7, or to such
other conditions as may be reflected in the applicable Stock Option Agreement. 
  
 (a) Option Price. The exercise price (“Option Price”) per share of Stock for each Option shall be set by the
Committee at the time of grant but shall not be less than (i) in the case of an Incentive Stock Option, and subject to Section 7(e), the Fair Market Value of a share of Stock on the Date of Grant, and (ii) in the case of a Nonqualified Stock Option,
the par value of a share of Stock; provided, however, that (A) all Options intended to qualify as “performance-based compensation” under Section 162(m) of the Code (other than those intended to be Performance Compensation
Awards) and (B) Director Stock Options shall have an Option Price per share of Stock no less than the Fair Market Value of a share of Stock on the Date of Grant. 
  
 (b) Manner of Exercise and Form of Payment. No shares of Stock shall be delivered pursuant to any
exercise of an Option until payment in full of the Option Price therefor is received by the Company. Options which have become exercisable may be exercised by delivery of written notice of exercise to the Committee accompanied by payment of the
Option Price. The Option Price shall be payable (i) in cash and/or shares of Stock valued at the Fair Market Value at the time the Option is exercised (including by means of attestation of ownership of a sufficient number of shares of Stock in lieu
of actual delivery of such shares to the Company); provided, that such shares of Stock are Mature Shares, (ii) in the discretion of the Committee, either (A) in other property having a fair market value on the date of exercise equal to the
Option Price or (B) by delivering to the Committee a copy of irrevocable instructions to a stockbroker to deliver promptly to the Company an amount of loan proceeds, or proceeds from the sale of the Stock subject to the Option, sufficient to pay the
Option Price or (iii) by such other method as the Committee may allow. Notwithstanding the foregoing, in no event shall a Participant be permitted to exercise an Option in the manner described in 

  

 12 

 
clause (ii) or (iii) of the preceding sentence if the Committee determines that exercising an Option in such manner would violate the Sarbanes-Oxley Act of
2002, or any other applicable law or the applicable rules and regulations of the Securities and Exchange Commission or the applicable rules and regulations of any securities exchange or inter dealer quotation system on which the securities of the
Company or any Affiliates are listed or traded. 
  
 (c) Vesting, Option Period and Expiration. Options, other than Director Stock Options, shall vest and become exercisable in such manner and on such date or dates determined by the Committee and shall expire after such period, not to
exceed ten years, as may be determined by the Committee (the “Option Period”); provided, however, that notwithstanding any vesting dates set by the Committee, the Committee may, in its sole discretion, accelerate the
exercisability of any Option, which acceleration shall not affect the terms and conditions of such Option other than with respect to exercisability. If an Option is exercisable in installments, such installments or portions thereof which become
exercisable shall remain exercisable until the Option expires. 
  
 (d) Stock Option Agreement - Other Terms and Conditions. Each Option granted under the Plan shall be evidenced by a Stock Option Agreement. Except as specifically provided otherwise in such Stock Option
Agreement, each Option granted under the Plan shall be subject to the following terms and conditions: 
  
 (i) Each Option or portion thereof that is exercisable shall be exercisable for the full amount or for any part thereof. 
  
 (ii) No shares of Stock shall be delivered pursuant to any
exercise of an Option until the Company has received full payment of the Option Price therefor. Each Option shall cease to be exercisable, as to any share of Stock, when the Participant purchases the share or exercises a related SAR or when the
Option expires. 
  
 (iii) Subject to Section
12(k), Options shall not be transferable by the Participant except by will or the laws of descent and distribution and shall be exercisable during the Participant’s lifetime only by him. 
  
 (iv) Each Option (other than Director Stock Options) shall
vest and become exercisable by the Participant in accordance with the vesting schedule established by the Committee and set forth in the Stock Option Agreement. 
  
 (v) At the time of any exercise of an Option, the Committee may, in its sole discretion, require a
Participant to deliver to the Committee a written representation that the shares of Stock to be acquired upon such exercise are to be acquired for investment and not for resale or with a view to the distribution thereof and any other representation
deemed necessary by the Committee to ensure compliance with all applicable federal and state securities laws. Upon 

  

 13 

 
such a request by the Committee, delivery of such representation prior to the delivery of any shares issued upon exercise of an Option shall be a condition
precedent to the right of the Participant or such other person to purchase any shares. In the event certificates for Stock are delivered under the Plan with respect to which such investment representation has been obtained, the Committee may cause a
legend or legends to be placed on such certificates to make appropriate reference to such representation and to restrict transfer in the absence of compliance with applicable federal or state securities laws. 
  
 (vi) Each Participant awarded an Incentive Stock Option
under the Plan shall notify the Company in writing immediately after the date he or she makes a disqualifying disposition of any Stock acquired pursuant to the exercise of such Incentive Stock Option. A disqualifying disposition is any disposition
(including any sale) of such Stock before the later of (A) two years after the Date of Grant of the Incentive Stock Option or (B) one year after the date the Participant acquired the Stock by exercising the Incentive Stock Option. The Company may,
if determined by the Committee and in accordance with procedures established by it, retain possession of any Stock acquired pursuant to the exercise of an Incentive Stock Option as agent for the applicable Participant until the end of the period
described in the preceding sentence, subject to complying with any instructions from such Participant as to the sale of such Stock. 
  
 (vii) An Option Agreement may, but need not, include a provision whereby a Participant may elect, at any time before the termination of
the Participant’s employment with the Company, to exercise the Option as to any part or all of the shares of Stock subject to the Option prior to the full vesting of the Option. Any unvested shares of Stock so purchased may be subject to a
share repurchase option in favor of the Company or to any other restriction the Committee determines to be appropriate. The Company shall not exercise its repurchase option until at least six (6) months (or such longer or shorter period of time
required to avoid a charge to earnings for financial accounting purposes) have elapsed following the exercise of the Option unless the Committee otherwise specifically provides in an Stock Option Agreement. 
  
 (e) Incentive Stock Option Grants to 10%
Stockholders. Notwithstanding anything to the contrary in this Section 7, if an Incentive Stock Option is granted to a Participant who owns stock representing more than ten percent of the voting power of all classes of stock of the Company or of
a Subsidiary or Parent, the Option Period shall not exceed five years from the Date of Grant of such Option and the Option Price shall be at least 110 percent of the Fair Market Value (on the Date of Grant) of the Stock subject to the Option.

  
 (f) $100,000 Per Year Limitation for
Incentive Stock Options. To the extent the aggregate Fair Market Value (determined as of the Date of Grant) of Stock for which Incentive Stock Options are exercisable for the first time by any Participant during any calendar year (under all
plans of the Company) exceeds 

  

 14 

 
$100,000, such excess Incentive Stock Options shall be treated as Nonqualified Stock Options. 
  
 (g) Director Stock Options. 
  
 (i) Notwithstanding any of this Section 7 to the contrary: 
  

	 	(A)	On the effective date of the initial public offering of the Common Stock, each Non-Employee Director shall be automatically granted without further action by the Committee a
Nonqualified Stock Option to purchase such number of shares of Stock as shall be determined by the Board to be necessary for such Nonqualified Stock Option to have an aggregate grant date value (based on the Black-Scholes option valuation model) of
$100,000; and 

  

	 	(B)	On the date any person first becomes a Non-Employee Director following the effective date of the initial public offering of the Common Stock, such person shall be automatically
granted without further action by the Committee a Nonqualified Stock Option to purchase such number of shares of Stock as shall be determined by the Board to be necessary for such Nonqualified Stock Option to have an aggregate grant date value
(based on the Black-Scholes option valuation model) of $100,000. 

  
 (ii) All Options granted to Non-Employee Directors pursuant to Section 7(h)(i) shall hereinafter be referred to as “Director Stock
Options” and shall be subject to the following conditions: 
  

	 	(A)	Option Price. All Directors Stock Options shall have an Option Price per share equal to the Fair Market Value of a share of Stock on the Date of Grant.

  

	 	(B)	Vesting. All Director Stock Options shall vest and become exercisable over a period of five years at the rate of 20% on each of the five consecutive anniversaries of the
applicable Date of Grant, provided the Non-Employee Director’s services as a director continues through each such anniversary. 

  

	 	(C)	Term. The term of each Director Stock Option (the “Director Option Term”), after which each such Director Stock Option shall expire, shall be ten years from
the Date of Grant. 

  

	 	(D)	 Expiration. If prior to the expiration of the Director Option Term of a Director Stock Option a Non-Employee 

  

 15 

	 	 
Director shall cease to be a member of the Board, the Director Stock Option shall expire on the earlier of the expiration of the Director Option Term or (i)
one year after such cessation on account of the death of the Non-Employee Director or (ii) three months after the date of such cessation for any other reason. In the event a Non-Employee Director ceases to be a member of the Board for any reason,
any unexpired Director Stock Option shall thereafter be exercisable until its expiration only to the extent that such Option was exercisable at the time of such cessation, except in the case of a cessation on account of the death of the Non-Employee
Director, in which case such Option shall be fully exercisable. 

  

	 	(E)	Director Stock Option Agreement. Each Director Stock Option shall be evidenced by a Director Stock Option Agreement, which shall contain such additional provisions as may be
determined by the Board. 

  

	8.	Stock Appreciation Rights 

  
 Any Option granted under the Plan may include SARs, either at the Date of Grant or, except in the case of an Incentive Stock Option, by subsequent
amendment. The Committee also may award SARs to Eligible Persons independent of any Option. A SAR shall be subject to such terms and conditions not inconsistent with the Plan as the Committee shall impose, including, but not limited to, the
following: 
  
 (a) Vesting, Transferability
and Expiration. A SAR granted in connection with an Option shall become exercisable, be transferable and shall expire according to the same vesting schedule, transferability rules and expiration provisions as the corresponding Option. A SAR
granted independent of an Option shall become exercisable, be transferable and shall expire in accordance with a vesting schedule, transferability rules and expiration provisions as established by the Committee and reflected in an Award agreement.

  
 (b) Automatic exercise. If on the last
day of the Option Period (or in the case of a SAR independent of an option, the period established by the Committee after which the SAR shall expire), the Fair Market Value exceeds the Strike Price, the Participant has not exercised the SAR or the
corresponding Option, and neither the SAR nor the corresponding Option has expired, such SAR shall be deemed to have been exercised by the Participant on such last day and the Company shall make the appropriate payment therefor. 
  
 (c) Payment. Upon the exercise of a SAR, the Company
shall pay to the Participant an amount equal to the number of shares subject to the SAR multiplied by the excess, if any, of the Fair Market Value of one share of Stock on the exercise date over the Strike Price. The Company shall pay such excess in
cash, in shares 

  

 16 

 
of Stock valued at Fair Market Value, or any combination thereof, as determined by the Committee. Fractional shares shall be settled in cash. 
  
 (d) Method of Exercise. A Participant may exercise a
SAR at such time or times as may be determined by the Committee at the time of grant by filing an irrevocable written notice with the Committee or its designee, specifying the number of SARs to be exercised, and the date on which such SARs were
awarded. 
  
 (e) Expiration. Except as
otherwise provided in the case of SARs granted in connection with Options, a SAR shall expire on a date designated by the Committee which is not later than ten years after the Date of Grant of the SAR. 
  

	9.	Restricted Stock and Restricted Stock Units 

  
 (a) Award of Restricted Stock and Restricted Stock Units. 
  
 (i) The Committee shall have the authority (A) to grant Restricted Stock and Restricted Stock Units to
Eligible Persons, (B) to issue or transfer Restricted Stock to Participants, and (C) to establish terms, conditions and restrictions applicable to such Restricted Stock and Restricted Stock Units, including the Restricted Period, as applicable,
which may differ with respect to each grantee, the time or times at which Restricted Stock or Restricted Stock Units shall be granted or become vested and the number of shares or units to be covered by each grant. 
  
 (ii) Each Participant granted Restricted Stock shall execute
and deliver to the Company an Award agreement with respect to the Restricted Stock setting forth the restrictions and other terms and conditions applicable to such Restricted Stock. If the Committee determines that the Restricted Stock shall be held
in escrow rather than delivered to the Participant pending the release of the applicable restrictions, the Committee may require the Participant to additionally execute and deliver to the Company (A) an escrow agreement satisfactory to the Committee
and (B) the appropriate blank stock powers with respect to the Restricted Stock covered by such agreement. If a Participant shall fail to execute an agreement evidencing an Award of Restricted Stock and, if applicable, an escrow agreement and stock
powers, the Award shall be null and void. Subject to the restrictions set forth in Section 9(b), the Participant generally shall have the rights and privileges of a stockholder as to such Restricted Stock, including the right to vote such Restricted
Stock. At the discretion of the Committee, cash dividends and stock dividends with respect to the Restricted Stock may be either currently paid to the Participant or withheld by the Company for the Participant’s account, and interest may be
credited on the amount of cash dividends withheld at a rate and subject to such terms as determined by the Committee. The cash dividends or stock dividends so withheld by the Committee and attributable to any particular share of Restricted Stock
(and earnings thereon, if applicable) shall be distributed to the Participant upon the release of restrictions on such share and, if 

  

 17 

 
such share is forfeited, the Participant shall have no right to such cash dividends, stock dividends or earnings. 
  
 (iii) Upon the grant of Restricted Stock, the Committee
shall cause a stock certificate registered in the name of the Participant to be issued and, if it so determines, deposited together with the stock powers with an escrow agent designated by the Committee. If an escrow arrangement is used, the
Committee may cause the escrow agent to issue to the Participant a receipt evidencing any stock certificate held by it, registered in the name of the Participant. 
  
 (iv) The terms and conditions of a grant of Restricted Stock Units shall be reflected in a written Award
agreement. No shares of Stock shall be issued at the time a Restricted Stock Unit is granted, and the Company will not be required to set aside a fund for the payment of any such Award. At the discretion of the Committee, each Restricted Stock Unit
(representing one share of Stock) may be credited with cash and stock dividends paid by the Company in respect of one share of Stock (“Dividend Equivalents”). At the discretion of the Committee, Dividend Equivalents may be either
currently paid to the Participant or withheld by the Company for the Participant’s account, and interest may be credited on the amount of cash Dividend Equivalents withheld at a rate and subject to such terms as determined by the Committee.
Dividend Equivalents credited to a Participant’s account and attributable to any particular Restricted Stock Unit (and earnings thereon, if applicable) shall be distributed to the Participant upon settlement of such Restricted Stock Unit and,
if such Restricted Stock Unit is forfeited, the Participant shall have no right to such Dividends Equivalents. 
  
 (b) Restrictions. 
  
 (i) Restricted Stock awarded to a Participant shall be subject to the following restrictions until the expiration of the Restricted
Period, and to such other terms and conditions as may be set forth in the applicable Award agreement: (A) if an escrow arrangement is used, the Participant shall not be entitled to delivery of the stock certificate; (B) the shares shall be subject
to the restrictions on transferability set forth in the Award agreement; (C) the shares shall be subject to forfeiture to the extent provided in Section 9(d) and the applicable Award agreement; and (D) to the extent such shares are forfeited, the
stock certificates shall be returned to the Company, and all rights of the Participant to such shares and as a shareholder shall terminate without further obligation on the part of the Company. 
  
 (ii) Restricted Stock Units awarded to any Participant shall
be subject to (A) forfeiture until the expiration of the Restricted Period, and satisfaction of any applicable Performance Goals during such period, to the extent provided in the applicable Award agreement, and to the extent such Restricted Stock
Units are forfeited, all rights of the Participant to such Restricted Stock Units shall terminate without further obligation on the part of the Company and (B) such other terms and conditions as may be set forth in the applicable Award agreement.

  

 18 

 (iii) The Committee shall have the authority to remove any or all of the restrictions on
the Restricted Stock and Restricted Stock Units whenever it may determine that, by reason of changes in applicable laws or other changes in circumstances arising after the date of the Restricted Stock or Restricted Stock Units are granted, such
action is appropriate. 
  
 (c) Restricted
Period. The Restricted Period of Restricted Stock and Restricted Stock Units shall commence on the Date of Grant and shall expire from time to time as to that part of the Restricted Stock and Restricted Stock Units indicated in a schedule
established by the Committee in the applicable Award agreement. 
  
 (d) Delivery of Restricted Stock and Settlement of Restricted Stock Units. Upon the expiration of the Restricted Period with respect to any shares of Restricted Stock, the restrictions set forth in Section 9(b)
and the applicable Award agreement shall be of no further force or effect with respect to such shares, except as set forth in the applicable Award agreement. If an escrow arrangement is used, upon such expiration, the Company shall deliver to the
Participant, or his beneficiary, without charge, the stock certificate evidencing the shares of Restricted Stock which have not then been forfeited and with respect to which the Restricted Period has expired (to the nearest full share) and any cash
dividends or stock dividends credited to the Participant’s account with respect to such Restricted Stock and the interest thereon, if any. 
  
 Upon the expiration of the Restricted Period with respect to any outstanding Restricted Stock Units, the Company shall deliver to the Participant, or his
beneficiary, without charge, one share of Stock for each such outstanding Restricted Stock Unit (“Vested Unit”) and cash equal to any Dividend Equivalents credited with respect to each such Vested Unit in accordance with Section 9(a)(iv)
hereof and the interest thereon, if any; provided, however, that, if explicitly provided in the applicable Award agreement, the Committee may, in its sole discretion, elect to (i) pay cash or part cash and part Stock in lieu of
delivering only shares of Stock for Vested Units or (ii) delay the delivery of Stock (or cash or part Stock and part cash, as the case may be) beyond the expiration of the Restricted Period. If a cash payment is made in lieu of delivering shares of
Stock, the amount of such payment shall be equal to the Fair Market Value of the Stock as of the date on which the Restricted Period lapsed with respect to such Vested Unit. 
  
 (e) Stock Restrictions. Each certificate representing Restricted Stock awarded under the Plan shall
bear a legend substantially in the form of the following until the lapse of all restrictions with respect to such Stock as well as any other information the Company deems appropriate: 
  
 Transfer of this certificate and the shares represented hereby is restricted pursuant to the terms of the
Las Vegas Sands Corp. 2004 Equity Award Plan and a Restricted Stock Purchase and Award Agreement, dated as of                     , between
Las Vegas Sands Corp. and                     . A copy of such Plan and Agreement is on file at the offices of Las Vegas Sands Corp.

  

 19 

 Stop transfer orders shall be entered with the Company’s transfer agent and registrar against the transfer of
legended securities. 
  
 (f) Director
Restricted Stock. Notwithstanding any of this Section 9 to the contrary, on the date of each of the Company’s annual meetings of stockholders following the initial public offering of the Common Stock, each Non-Employee Director shall be
automatically granted, without further action by the Committee, shares of Restricted Stock having an aggregate Fair Market Value on the Date of Grant equal to the annual cash retainer payable to the Non-Employee Director in respect of the year
commencing on the date of such annual meeting. All such shares of Restricted Stock granted to Non-Employee Directors shall hereinafter be referred to as “Director Restricted Stock” and shall contain the following provisions: 
  
 (i) Restricted Period. The Restricted Period in
respect of Director Restricted Stock shall expire on the one year anniversary of the applicable Date of Grant; provided, that the Non-Employee Director continues to serve as a member of the Board through such anniversary or, if earlier, the
date of the Non-Employee Director’s death; provided, further, that Director Restricted Stock as to which the Restricted Period has expired may not be sold or, other than as allowed under Section 12(k), transferred by a
Non-Employee Director while a member of the Board ); provided, however, that a Non-Employee Director shall be permitted to sell that number of vested shares of Restricted Stock having an aggregate Fair Market Value equal to the amount of federal,
state and local taxes incurred by the Participant as a result of the vesting of such shares of Restricted Stock. 
  
 (ii) Forfeiture. If a Non-Employee Director shall cease to be a member of the Board for any reason prior to the expiration of the
Restricted Period as to any Director Restricted Stock, such Director Restricted Stock shall be forfeited in its entirety. 
  
 (iii) Director Restricted Stock Agreement. Each Award of Director Restricted Stock shall be evidenced by a Director Restricted
Stock Agreement, which shall contain such additional provisions as may be determined by the Board. 
  

	10.	Stock Bonus Awards 

  
 The Committee may issue unrestricted Stock, or other Awards denominated in Stock, under the Plan to Eligible Persons, alone or in tandem with other
Awards, in such amounts and subject to such terms and conditions as the Committee shall from time to time in its sole discretion determine. A Stock Bonus Award under the Plan shall be granted as, or in payment of, a bonus, or to provide incentives
or recognize special achievements or contributions. 
  

 20 

	11.	Performance Compensation Awards 

  
 (a) General. The Committee shall have the authority, at the time of grant of any Award described in Sections 7 through 10 (other
than Options and Stock Appreciation Rights granted with an exercise price or grant price, as the case may be, equal to or greater than the Fair Market Value per share of Stock on the date of grant), to designate such Award as a Performance
Compensation Award in order to qualify such Award as “performance-based compensation” under Section 162(m) of the Code. 
  
 (b) Eligibility. The Committee will, in its sole discretion, designate within the first 90 days of a Performance Period (or, if
longer or shorter, within the maximum period allowed under Section 162(m) of the Code) which Participants will be eligible to receive Performance Compensation Awards in respect of such Performance Period. However, designation of a Participant
eligible to receive an Award hereunder for a Performance Period shall not in any manner entitle the Participant to receive payment in respect of any Performance Compensation Award for such Performance Period. The determination as to whether or not
such Participant becomes entitled to payment in respect of any Performance Compensation Award shall be decided solely in accordance with the provisions of this Section 11. Moreover, designation of a Participant eligible to receive an Award hereunder
for a particular Performance Period shall not require designation of such Participant eligible to receive an Award hereunder in any subsequent Performance Period and designation of one person as a Participant eligible to receive an Award hereunder
shall not require designation of any other person as a Participant eligible to receive an Award hereunder in such period or in any other period. 
  
 (c) Discretion of Committee with Respect to Performance Compensation Awards. With regard to a particular Performance Period, the
Committee shall have full discretion to select the length of such Performance Period, the type(s) of Performance Compensation Awards to be issued, the Performance Criteria that will be used to establish the Performance Goal(s), the kind(s) and/or
level(s) of the Performance Goals(s) that is(are) to apply to the Company and the Performance Formula. Within the first 90 days of a Performance Period (or, if longer or shorter, within the maximum period allowed under Section 162(m) of the Code),
the Committee shall, with regard to the Performance Compensation Awards to be issued for such Performance Period, exercise its discretion with respect to each of the matters enumerated in the immediately preceding sentence of this Section 11(c) and
record the same in writing.  
  
 (d)
Payment of Performance Compensation Awards. 
  
 (i) Condition to Receipt of Payment. Unless otherwise provided in the applicable Award agreement, a Participant must be employed by the Company on the last day of a Performance Period to be eligible for payment in respect of a
Performance Compensation Award for such Performance Period. 
  
 (ii) Limitation. A Participant shall be eligible to receive payment in respect of a Performance Compensation Award only to the extent that: (A) the Performance Goals for such period are achieved; and (B) the
Performance Formula as applied against such Performance Goals determines that all or some 

  

 21 

 
portion of such Participant’s Performance Award has been earned for the Performance Period. 
  
 (iii) Certification. Following the completion of a
Performance Period, the Committee shall review and certify in writing whether, and to what extent, the Performance Goals for the Performance Period have been achieved and, if so, calculate and certify in writing that amount of the Performance
Compensation Awards earned for the period based upon the Performance Formula. The Committee shall then determine the actual size of each Participant’s Performance Compensation Award for the Performance Period and, in so doing, may apply
Negative Discretion in accordance with Section 11(d)(iv) hereof, if and when it deems appropriate. 
  
 (iv) Use of Discretion. In determining the actual size of an individual Performance Award for a Performance Period, the Committee
may reduce or eliminate the amount of the Performance Compensation Award earned under the Performance Formula in the Performance Period through the use of Negative Discretion if, in its sole judgment, such reduction or elimination is appropriate.
The Committee shall not have the discretion to (a) grant or provide payment in respect of Performance Compensation Awards for a Performance Period if the Performance Goals for such Performance Period have not been attained; or (b) increase a
Performance Compensation Award above the maximum amount payable under Sections 4(a) or 11(d)(vi) of the Plan. 
  
 (v) Timing of Award Payments. Performance Compensation Awards granted for a Performance Period shall be paid to Participants as
soon as administratively practicable following completion of the certifications required by this Section 11. 
  
 (vi) Maximum Award Payable. Notwithstanding any provision contained in this Plan to the contrary, the maximum Performance
Compensation Award payable to any one Participant under the Plan for a Performance Period is 3,000,000 shares of Stock or, in the event the Performance Compensation Award is paid in cash, the equivalent cash value thereof on the first or last day of
the Performance Period to which such Award relates, as determined by the Committee. Furthermore, any Performance Compensation Award that has been deferred shall not (between the date as of which the Award is deferred and the payment date) increase
(A) with respect to Performance Compensation Award that is payable in cash, by a measuring factor for each fiscal year greater than a reasonable rate of interest set by the Committee or (B) with respect to a Performance Compensation Award that is
payable in shares of Stock, by an amount greater than the appreciation of a share of Stock from the date such Award is deferred to the payment date. 
  

 22 

	12.	General 

  
 (a) Additional Provisions of an Award. Awards to a Participant under the Plan also may be subject to such other provisions (whether
or not applicable to Awards granted to any other Participant) as the Committee determines appropriate, including, without limitation, provisions to assist the Participant in financing the purchase of Stock upon the exercise of Options (provided,
that the Committee determines that providing such financing does not violate the Sarbanes-Oxley Act of 2002), provisions for the forfeiture of or restrictions on resale or other disposition of shares of Stock acquired under any Award, provisions
giving the Company the right to repurchase shares of Stock acquired under any Award in the event the Participant elects to dispose of such shares, provisions allowing the Participant to elect to defer the receipt of payment in respect of Awards for
a specified period or until a specified event, and provisions to comply with Federal and state securities laws and Federal and state tax withholding requirements. Any such provisions shall be reflected in the applicable Award agreement. 

 
 (b) Privileges of Stock Ownership. Except as
otherwise specifically provided in the Plan, no person shall be entitled to the privileges of ownership in respect of shares of Stock which are subject to Awards hereunder until such shares have been issued to that person. 
  
 (c) Government and Other Regulations. The obligation
of the Company to grant or settle Awards in Stock shall be subject to all applicable laws, rules, and regulations, and to such approvals by governmental agencies as may be required. Notwithstanding any terms or conditions of any Award to the
contrary, the Company shall be under no obligation to offer to sell or to sell, and shall be prohibited from offering to sell or selling, any shares of Stock pursuant to an Award made or granted hereunder unless such shares have been properly
registered for sale pursuant to the Securities Act with the Securities and Exchange Commission or unless the Company has received an opinion of counsel, satisfactory to the Company, that such shares may be offered or sold without such registration
pursuant to an available exemption therefrom and the terms and conditions of such exemption have been fully complied with. The Company shall be under no obligation to register for sale under the Securities Act any of the shares of Stock to be
offered or sold under the Plan. If the shares of Stock offered for sale or sold under the Plan are offered or sold pursuant to an exemption from registration under the Securities Act, the Company may restrict the transfer of such shares and may
legend the Stock certificates representing such shares in such manner as it deems advisable to ensure the availability of any such exemption. 
  
 (d) Tax Withholding. 
  
 (i) A Participant may be required to pay to the Company or any Affiliate, and the Company or any Affiliate shall have the right and is
hereby authorized to withhold from any shares of Stock or other property deliverable under any Award or from any compensation or other amounts owing to a Participant, the amount (in cash, Stock or other property) of any required income tax
withholding and payroll taxes in respect of an Award, its exercise, or any payment or transfer under an Award or under the Plan and to take such other 

  

 23 

 
action as may be necessary in the opinion of the Company to satisfy all obligations for the payment of such withholding and taxes. 
  
 (ii) Without limiting the generality of clause (i) above,
the Committee may, in its sole discretion, permit a Participant to satisfy, in whole or in part, the foregoing withholding liability (but no more than the minimum required withholding liability) by (A) the delivery of Mature Shares owned by the
Participant having a Fair Market Value equal to such withholding liability or (B) having the Company withhold from the number of shares of Stock otherwise issuable pursuant to the exercise or settlement of the Award a number of shares with a Fair
Market Value equal to such withholding liability. 
  
 (e) Claim to Awards and Employment Rights. No employee of the Company or an Affiliate, or other person, shall have any claim or right to be granted an Award under the Plan or, having been selected for the grant of an Award, to be
selected for a grant of any other Award. Neither the Plan nor any action taken hereunder shall be construed as giving any Participant any right to be retained in the employ or service of the Company or an Affiliate. 
  
 (f) Designation and Change of Beneficiary. Each
Participant may file with the Committee a written designation of one or more persons as the beneficiary who shall be entitled to receive the amounts payable with respect to an Award, if any, due under the Plan upon his death. A Participant may, from
time to time, revoke or change his beneficiary designation without the consent of any prior beneficiary by filing a new designation with the Committee. The last such designation received by the Committee shall be controlling; provided,
however, that no designation, or change or revocation thereof, shall be effective unless received by the Committee prior to the Participant’s death, and in no event shall it be effective as of a date prior to such receipt. If no
beneficiary designation is filed by a Participant, the beneficiary shall be deemed to be his or her spouse or, if the Participant is unmarried at the time of death, his or her estate. 
  
 (g) Payments to Persons Other Than Participants. If the Committee shall find that any person to whom
any amount is payable under the Plan is unable to care for his affairs because of illness or accident, or is a minor, or has died, then any payment due to such person or his estate (unless a prior claim therefor has been made by a duly appointed
legal representative) may, if the Committee so directs the Company, be paid to his spouse, child, relative, an institution maintaining or having custody of such person, or any other person deemed by the Committee to be a proper recipient on behalf
of such person otherwise entitled to payment. Any such payment shall be a complete discharge of the liability of the Committee and the Company therefor. 
  
 (h) No Liability of Committee Members. No member of the Committee shall be personally liable by reason of any contract or other
instrument executed by such member or on his behalf in his capacity as a member of the Committee nor for any mistake of judgment made in good faith, and the Company shall indemnify and hold harmless each member of the Committee and each other
employee, officer or 

  

 24 

 
director of the Company to whom any duty or power relating to the administration or interpretation of the Plan may be allocated or delegated, against any
cost or expense (including counsel fees) or liability (including any sum paid in settlement of a claim) arising out of any act or omission to act in connection with the Plan unless arising out of such person’s own fraud or willful bad faith;
provided, however, that approval of the Board shall be required for the payment of any amount in settlement of a claim against any such person. The foregoing right of indemnification shall not be exclusive of any other rights of
indemnification to which such persons may be entitled under the Company’s Articles of Incorporation or By-Laws, as a matter of law, or otherwise, or any power that the Company may have to indemnify them or hold them harmless. 
  
 (i) Governing Law. The Plan shall be governed by and
construed in accordance with the internal laws of the State of Nevada applicable to contracts made and performed wholly within the State of Nevada and, to the extent applicable, the Nevada Gaming Laws. 
  
 (j) Funding. No provision of the Plan shall require
the Company, for the purpose of satisfying any obligations under the Plan, to purchase assets or place any assets in a trust or other entity to which contributions are made or otherwise to segregate any assets, nor shall the Company maintain
separate bank accounts, books, records or other evidence of the existence of a segregated or separately maintained or administered fund for such purposes. Participants shall have no rights under the Plan other than as unsecured general creditors of
the Company, except that insofar as they may have become entitled to payment of additional compensation by performance of services, they shall have the same rights as other employees under general law. 
  
 (k) Nontransferability. 
  
 (i) Each Award shall be exercisable only by a Participant
during the Participant’s lifetime, or, if permissible under applicable law, by the Participant’s legal guardian or representative. No Award may be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by a
Participant other than by will or by the laws of descent and distribution and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company or an Affiliate; provided
that the designation of a beneficiary shall not constitute an assignment, alienation, pledge, attachment, sale, transfer or encumbrance. 
  
 (ii) Notwithstanding the foregoing, subject to compliance with applicable law, the Committee may, in its sole discretion, permit Awards
other than Incentive Stock Options to be transferred by a Participant, without consideration, subject to such rules as the Committee may adopt consistent with any applicable Award agreement to preserve the purposes of the Plan, to: 
  

	 	(A)	any person who is a “family member” of the Participant, as such term is used in the instructions to Form S-8 (collectively, the “Immediate Family
Members”); 

  

 25 

	 	(B)	a trust solely for the benefit of the Participant and his or her Immediate Family Members; 

  

	 	(C)	a partnership or limited liability company whose only partners or shareholders are the Participant and his or her Immediate Family Members; or 

  

	 	(D)	any other transferee as may be approved either (a) by the Board or the Committee in its sole discretion, or (b) as provided in the applicable Award agreement;

  
 (each transferee described in clauses (A), (B), (C) and (D)
above is hereinafter referred to as a “Permitted Transferee”); provided that the Participant gives the Committee advance written notice describing the terms and conditions of the proposed transfer and the Committee notifies
the Participant in writing that such a transfer would comply with the requirements of the Plan. 
  
 (iii) The terms of any Award transferred in accordance with the immediately preceding sentence shall apply to the Permitted Transferee and
any reference in the Plan, or in any applicable Award agreement, to a Participant shall be deemed to refer to the Permitted Transferee, except that (A) Permitted Transferees shall not be entitled to transfer any Award, other than by will or the laws
of descent and distribution; (B) Permitted Transferees shall not be entitled to exercise any transferred Option unless there shall be in effect a registration statement on an appropriate form covering the shares of Stock to be acquired pursuant to
the exercise of such Option if the Committee determines, consistent with any applicable Award agreement, that such a registration statement is necessary or appropriate, (C) the Committee or the Company shall not be required to provide any notice to
a Permitted Transferee, whether or not such notice is or would otherwise have been required to be given to the Participant under the Plan or otherwise, and (D) the consequences of the termination of the Participant’s employment by, or services
to, the Company or an Affiliate under the terms of the Plan and the applicable Award agreement shall continue to be applied with respect to the Participant, including, without limitation, that an Option shall be exercisable by the Permitted
Transferee only to the extent, and for the periods, specified in the Plan and the applicable Award agreement. 
  
 (l) Reliance on Reports. Each member of the Committee and each member of the Board shall be fully justified in acting or failing to
act, as the case may be, and shall not be liable for having so acted or failed to act in good faith, in reliance upon any report made by the independent public accountant of the Company and its Affiliates and/or any other information furnished in
connection with the Plan by any person or persons other than himself. 
  
 (m) Relationship to Other Benefits. No payment under the Plan shall be taken into account in determining any benefits under any pension, 

  

 26 

 
retirement, profit sharing, group insurance or other benefit plan of the Company except as otherwise specifically provided in such other plan. 
  
 (n) Expenses. The expenses of administering the Plan
shall be borne by the Company and Affiliates. 
  
 (o) Pronouns. Masculine pronouns and other words of masculine gender shall refer to both men and women. 
  
 (p) Titles and Headings. The titles and headings of the sections in the Plan are for convenience of reference only, and in the
event of any conflict, the text of the Plan, rather than such titles or headings shall control. 
  
 (q) Termination of Employment. Unless an applicable Award agreement provides otherwise, for purposes of the Plan a person who
transfers from employment or service with the Company to employment or service with an Affiliate or vice versa shall not be deemed to have terminated employment or service with the Company or an Affiliate. 
  
 (r) Severability. If any provision of the Plan or any
Award agreement is or becomes or is deemed to be invalid, illegal, or unenforceable in any jurisdiction or as to any person or Award, or would disqualify the Plan or any Award under any law deemed applicable by the Committee, such provision shall be
construed or deemed amended to conform to the applicable laws, or if it cannot be construed or deemed amended without, in the determination of the Committee, materially altering the intent of the Plan or the Award, such provision shall be stricken
as to such jurisdiction, person or Award and the remainder of the Plan and any such Award shall remain in full force and effect. 
  

	13.	Changes in Capital Structure 

  
 Awards granted under the Plan and any agreements evidencing such Awards, the maximum number of shares of Stock subject to all Awards stated in Section
5(a) and the maximum number of shares of Stock with respect to which any one person may be granted Awards during any period stated in Sections 5(d) or 11(d)(vi) shall be subject to adjustment or substitution, as determined by the Committee in its
sole discretion, as to the number, price or kind of a share of Stock or other consideration subject to such Awards or as otherwise determined by the Committee to be equitable (i) in the event of changes in the outstanding Stock or in the capital
structure of the Company by reason of stock or extraordinary cash dividends, stock splits, reverse stock splits, recapitalization, reorganizations, mergers, consolidations, combinations, exchanges, or other relevant changes in capitalization
occurring after the Date of Grant of any such Award or (ii) in the event of any change in applicable laws or any change in circumstances which results in or would result in any substantial dilution or enlargement of the rights granted to, or
available for, Participants, or which otherwise warrants equitable adjustment because it interferes with the intended operation of the Plan. Any adjustment in Incentive Stock Options under this Section 13 shall be made only to the 

  

 27 

 
extent not constituting a “modification” within the meaning of Section 424(h)(3) of the Code, and any adjustments under this Section 13 shall be
made in a manner which does not adversely affect the exemption provided pursuant to Rule 16b-3 under the Exchange Act. Further, with respect to Awards intended to qualify as “performance-based compensation” under Section 162(m) of the
Code, such adjustments or substitutions shall be made only to the extent that the Committee determines that such adjustments or substitutions may be made without causing the Company to be denied a tax deduction on account of Section 162(m) of the
Code. The Company shall give each Participant notice of an adjustment hereunder and, upon notice, such adjustment shall be conclusive and binding for all purposes. 
  
 Notwithstanding the above, in the event of any of the following: 
  
 A. The Company is merged or consolidated with another corporation or entity
and, in connection therewith, consideration is received by shareholders of the Company in a form other than stock or other equity interests of the surviving entity; 
  
 B. All or substantially all of the assets of the Company are acquired by another person; 
  
 C. The reorganization or liquidation of the Company; or 
  
 D. The Company shall enter into a written agreement to undergo an event
described in clauses A, B or C above, 
  
 then the Committee may, in its
discretion and upon at least 10 days advance notice to the affected persons, cancel any outstanding Awards and cause the holders thereof to be paid, in cash or stock, or any combination thereof, the value of such Awards based upon the price per
share of Stock received or to be received by other shareholders of the Company in the event. The terms of this Section 13 may be varied by the Committee in any particular Award agreement. 
  

	14.	Effect of Change in Control 

  
 (a) Except to the extent provided in a particular Award agreement: 
  
 (i) In the event of a Change in Control, notwithstanding any provision of the Plan or any applicable Award
agreement to the contrary, the Committee may in its discretion provide that all Options and SARs shall become immediately exercisable with respect to 100 percent of the shares subject to such Option or SAR, and/or that the Restricted Period shall
expire immediately with respect to 100 percent of such shares of Restricted Stock or Restricted Stock Units (including a waiver of any applicable Performance Goals). To the extent practicable, such acceleration of exercisability and expiration of
the Restricted Period (as applicable) shall occur in a manner and at a time which allows affected 

  

 28 

 
Participants the ability to participate in the Change in Control transaction with respect to the Stock subject to their Awards. 
  
 (ii) In the event of a Change in Control, all incomplete
Performance Periods in effect on the date the Change in Control occurs shall end on the date of such change, and the Committee shall (A) determine the extent to which Performance Goals with respect to each such Award Period have been met based upon
such audited or unaudited financial information then available as it deems relevant, (B) cause to be paid to each Participant partial or full Awards with respect to Performance Goals for each such Award Period based upon the Committee’s
determination of the degree of attainment of Performance Goals, and (C) cause all previously deferred Awards to be settled in full as soon as possible. 
  
 (b) In addition, in the event of a Change in Control, the Committee may in its discretion and upon at least 10 days’ advance notice
to the affected persons, cancel any outstanding Awards and pay to the holders thereof, in cash or stock, or any combination thereof, the value of such Awards based upon the price per share of Stock received or to be received by other shareholders of
the Company in the event. 
  
 (c) The obligations
of the Company under the Plan shall be binding upon any successor corporation or organization resulting from the merger, consolidation or other reorganization of the Company, or upon any successor corporation or organization succeeding to
substantially all of the assets and business of the Company. The Company agrees that it will make appropriate provisions for the preservation of Participants’ rights under the Plan in any agreement or plan which it may enter into or adopt to
effect any such merger, consolidation, reorganization or transfer of assets. 
  

	15.	Nonexclusivity of the Plan 

  
 Neither the adoption of this Plan by the Board nor the submission of this Plan to the stockholders of the Company for approval shall be construed as
creating any limitations on the power of the Board to adopt such other incentive arrangements as it may deem desirable, including, without limitation, the granting of stock options otherwise than under this Plan, and such arrangements may be either
applicable generally or only in specific cases. 
  

	16.	Amendments and Termination 

  
 (a) Amendment and Termination of the Plan. The Board may amend, alter, suspend, discontinue, or terminate the Plan or any portion
thereof at any time; provided, that no such amendment, alteration, suspension, discontinuation or termination shall be made without shareholder approval if such approval is necessary to comply with any tax or regulatory requirement applicable
to the Plan (including as necessary to comply with any applicable stock exchange listing requirement or to prevent the Company from being denied a tax deduction on account of Section 162(m) of the Code); and provided, further, that any
such amendment, alteration, suspension, discontinuance or termination that would impair the rights of any Participant or any 

  

 29 

 
holder or beneficiary of any Award theretofore granted shall not to that extent be effective without the consent of the affected Participant, holder or
beneficiary. The termination date of the Plan, following which no Awards may be granted hereunder, is December 14, 2014; provided, that such termination shall not affect Awards then outstanding, and the terms and conditions of the Plan shall
continue to apply to such Awards. 
  
 (b)
Amendment of Award Agreements. The Committee may, to the extent consistent with the terms of any applicable Award agreement, waive any conditions or rights under, amend any terms of, or alter, suspend, discontinue, cancel or terminate, any
Award theretofore granted or the associated Award agreement, prospectively or retroactively; provided that any such waiver, amendment, alteration, suspension, discontinuance, cancellation or termination that would impair the rights of any
Participant or any holder or beneficiary of any Option theretofore granted shall not to that extent be effective without the consent of the affected Participant, holder or beneficiary; and provided, further, that, without stockholder
approval, (i) no amendment or modification may reduce the Option Price of any Option and (ii) the Committee may not cancel any outstanding Option and replace it with a new Option (with a lower Option Price) in a manner which would either (A) be
reportable on the Company’s proxy statement as Options which have been “repriced” (as such term is used in Item 402 of Regulation S-K promulgated under the Exchange Act), or (B) result in any Option being accounted for under the
“variable” method for financial statement reporting purposes. 
  
 (c) Section 162(m) Approval. If so determined by the Committee, (i) the Plan shall be approved by the stockholders of the Company no later than the first meeting of stockholders at which directors are to be
elected that occurs after the close of the third calendar year following the calendar year in which the Company’s initial public offering occurs, and (ii) the provisions of the Plan regarding Performance Compensation Awards shall be disclosed
to and reapproved by stockholders of the Company no later than the first stockholder meeting that occurs in the fifth year following the year that stockholders previously approved such provisions following the Company’s initial public offering,
in each case in order for certain Awards granted after such time to be exempt from the deduction limitations of Section 162(m) of the Code. Nothing in this Section 16(c), however, shall affect the validity of Awards granted after such time if such
stockholder approval has not been obtained. 
  
 *        *        * 
  
 As adopted by the Board of Directors of 
 Las Vegas Sands Corp. at a meeting 
 held on November 8, 2004. 
  

	
	
	/S/    HARRY
MILTENBERGER        
	Harry Miltenberger
	Vice President, Finance

  

 30

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