Document:

Registration Rights Agreement

 EXHIBIT 10.2 

EXECUTION VERSION 

TRUMP ENTERTAINMENT RESORTS, INC. 

REGISTRATION RIGHTS AGREEMENT 

THIS REGISTRATION RIGHTS AGREEMENT (the “Agreement”) is made and entered into as of July 16, 2010, by and
among TRUMP ENTERTAINMENT RESORTS, INC., a Delaware corporation (the “Company”), and the Backstop Parties (as defined below). 

WHEREAS, the Company has filed a joint plan of reorganization (the “Plan”) under chapter 11 of title 11 of the United
States Code, 11 U.S.C. §§ 101-1330 in the United States Bankruptcy Court for the District of New Jersey (the “Bankruptcy Court”); 

WHEREAS, on or as of the date hereof, (i) the Effective Date as provided for in the Plan and the confirmation order of the
Bankruptcy Court (the “Effective Date”) occurred, and (ii) a total of 10,714,286 shares of Common Stock (as defined below) were issued pursuant to the Plan; 

WHEREAS, in connection with the Plan, the Backstop Agreement (as defined below) and the Rights Offering (as defined below), the Backstop
Parties and certain other investors purchased new shares of Common Stock; and 
 WHEREAS, this Agreement is made pursuant to the
Plan for the benefit of the holders of Registrable Securities (as defined below). In connection with the Plan, the Company has agreed to provide the registration rights set forth in this Agreement. 

NOW, THEREFORE, in consideration of the premises and of the mutual consents and obligations hereinafter set forth, and for good
and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound hereby, and in accordance with the Plan and the confirmation order of the Bankruptcy Court, the parties hereto hereby agree
as follows: 
 SECTION 1. 

DEFINITIONS 

(a) “Advice” As defined in Section 4(b) hereof. 

(b) “Affiliate” With respect to any Person, any other Person that (either directly or indirectly) controls, is
controlled by, or is under direct or indirect common control with the specified Person. The term “control” includes, without limitation, the possession, directly or indirectly, of the power to direct the management and policies of a
Person, whether through the ownership of voting securities, by contract or otherwise. 
 (c) “Agreement” As
defined in the preamble hereto. 
 (d) “Backstop Agreement” As defined in the Plan. 

(e) “Backstop Parties” As defined in the Plan. 

 (f) “Bankruptcy Court” As defined in the recitals hereto. 

(g) “Broker-Dealer” Any broker or dealer registered under the Exchange Act. 

(h) “Business Day” Any day other than a Saturday, Sunday or U.S. federal holiday or a day on which banking institutions
or trust companies located in New York, New York are authorized or obligated to be closed. 
 (i) “Certificate of
Incorporation” The Amended and Restated Certificate of Incorporation of the Company, as amended, amended and restated, supplemented or otherwise modified from time to time. 

(j) “Commission” The Securities and Exchange Commission. 

(k) “Common Stock” As specified in the Certificate of Incorporation. For purposes of this Agreement, if the Common Stock
has been reclassified or changed, or if the Company pays a dividend or makes a distribution on the Common Stock in shares of capital stock, or subdivides (or combines) its outstanding shares of Common Stock into a greater (or smaller) number of
shares of Common Stock, a share of Common Stock shall be deemed to be such number of shares of stock and amount of other securities to which a holder of a share of Common Stock outstanding immediately prior to such change, reclassification,
exchange, dividend, distribution, subdivision or combination would be entitled to hold as a result of such change, reclassification, exchange, dividend, distribution, subdivision or combination. 

(l) “Company” As defined in the preamble hereto. 

(m) “Company Standstill Period” As defined in Section 5(b)(i) hereof. 

(n) “Delay Period” As defined in Section 4(b) hereof. 

(o) “Effective Date” As defined in the recitals hereto. 

(p) “Exchange Act” The Securities Exchange Act of 1934, as amended. 

(q) “FINRA” Financial Industry Regulatory Authority. 

(r) “Free Writing Prospectus” Any free writing prospectus, as such term is defined in Rule 405 under the Securities Act,
relating to any portion of Registrable Securities. 
 (s) “Freely Tradable” Means, with respect to a share of
Common Stock, a share of Common Stock that at any time of determination (i) may be sold to the public in accordance with Rule 144 under the Securities Act or any successor provision thereof (“Rule 144”) without regard to
volume, manner of sale or any other restrictions contained in Rule 144 (other than the holding period requirement in paragraph (d)(1)(ii) of Rule 144 so long as such holding period requirement is satisfied at such time of determination) or
Section 1145 of title 11 of the United States Code, as amended, and (ii) does not bear any restrictive legends relating to the Securities Act. 
  

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 (t) “Holders” As defined in Section 2(b) hereof.

 (u) “Indemnified Holder” As defined in Section 7(a) hereof. 

(v) “Person” An individual, partnership, corporation, limited liability company, trust or unincorporated
organization, or a government or agency or political subdivision thereof. 
 (w) “Plan” As defined in
the recitals hereto. 
 (x) “Prospectus” The prospectus included in a Registration Statement, as amended
or supplemented by any prospectus supplement and by all other amendments thereto, including post-effective amendments, and all material incorporated by reference into such Prospectus. 

(y) “Registrable Securities” Means, (i) all shares of Common Stock held, or hereafter acquired, by the Backstop
Parties and (ii) the shares of Common Stock purchased by a Rights Offering Participant in the Rights Offering; provided that as to any Registrable Securities, such securities shall cease to constitute “Registrable Securities”
for purposes of this Agreement if and when (A) a registration statement under the Securities Act with respect to the sale of such securities shall have been declared effective by the Commission and such securities shall have been sold pursuant
thereto, (B) such securities are Freely Tradable, or (C) such securities are no longer outstanding. 
 (z)
“Registration Notice” As defined in Section 5(a) hereof. 
 (aa) “Registration
Statement” Any registration statement of the Company relating to the registration for resale of Registrable Securities which is filed pursuant to the provisions of this Agreement, in each case, including the Prospectus included
therein, all amendments and supplements thereto (including post-effective amendments) and all exhibits and material incorporated by reference therein. 

(bb) “Rights Offering” As defined in the Plan. 

(cc) “Rights Offering Participant” As defined in the Plan. 

(dd) “Securities Act” The Securities Act of 1933, as amended. 

(ee) “Shelf Filing Deadline” As defined in Section 3(a) hereof. 

(ff) “Underwritten Registration” or “Underwritten Offering” A registration in which securities
of the Company are sold to an underwriter for reoffering to the public. 
  

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 SECTION 2. 

SECURITIES SUBJECT TO THIS AGREEMENT 

(a) Registrable Securities. The securities entitled to the benefits of this Agreement are the Registrable Securities.

 (b) Holders of Registrable Securities. A Person is deemed to be a holder of Registrable Securities (each, a
“Holder”) whenever such Person owns Registrable Securities. 
 SECTION 3. 

SHELF REGISTRATION 

(a) Shelf Registration. The Company shall: 

(i) cause to be filed a “shelf” Registration Statement pursuant to Rule 415 under the Securities Act as soon as practicable but
in any event on or prior to 30 days after the Effective Date (such date being the “Shelf Filing Deadline”), which Registration Statement shall provide for resales of all Registrable Securities the Holders of which shall have
provided the information required pursuant to Section 3(c) hereof; and 
 (ii) use its
commercially reasonable efforts to cause such Registration Statement to be declared effective by the Commission as promptly as possible (unless it becomes effective automatically upon filing), and in any event within 60 days after the obligation to
file such Registration Statement arises (or if such 60th
day is not a Business Day, the next succeeding Business Day); 
 provided, however, that if Backstop Parties holding 66-2/3% of
the shares of Common Stock held by all the Backstop Parties so elect by written notice to the Company prior to the Shelf Filing Deadline, the Company shall not file such Registration Statement. In the event that the requisite Backstop Parties
suspend the filing of such Registration Statement prior to the Shelf Filing Deadline, the Holders shall have the right, from time to time, to request that the Company cause to be filed a “shelf” Registration Statement with respect to their
respective Registrable Securities, in accordance with the terms of this Agreement, at any time after the Effective Date upon no less than 60 days’ prior written notice to the Company. 

(b) Registration Statement Effectiveness. The Company shall use its commercially reasonable efforts to keep such Registration
Statement continuously effective, supplemented and amended as required by the provisions of Sections 4(b) and (c) hereof to the extent necessary to ensure that it is available for resales of securities by the Holders of
Registrable Securities entitled to the benefit of Section 3(a), and to ensure that it conforms with the requirements of this Agreement, the Securities Act and the policies, rules and regulations of the Commission as announced from time
to time, for a period of at least two years following the effective date of such Registration Statement (or such shorter period that will terminate when all the securities covered by such Registration Statement have been sold pursuant to such
Registration Statement); provided that the Company may for a period of up to 60 days in any three-month period, not to exceed, in the aggregate, 90 days in any calendar year, by written notice to each of the Holders

  

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determine that the Registration Statement is not usable under certain circumstances relating to corporate developments, public filings with the Commission and similar events, and suspend the use
of the prospectus that is part of such Registration Statement. Notwithstanding anything to the contrary in this Agreement, the requirements to file the Registration Statement and to have the Registration Statement become effective and remain
effective shall terminate at such time as all of the securities covered by such Registration Statement are Freely Tradable. 

(c) Provision by Holders of Certain Information in Connection with the Registration Statement. No Holder of Registrable
Securities may include any of its Registrable Securities in any Registration Statement pursuant to this Agreement unless and until such Holder furnishes to the Company in writing, within 20 Business Days after receipt of a request therefor, such
information as the Company may reasonably request for use in connection with any Registration Statement or Prospectus or preliminary Prospectus included therein or amendment or supplement thereto or Free Writing Prospectus. Each Holder as to which
any Registration Statement is being effected agrees to furnish promptly to the Company all information required to be disclosed in order to make the information previously furnished to the Company by such Holder not materially misleading.

 SECTION 4. 

REGISTRATION PROCEDURES 

(a) Registration Statement. In connection with the Registration Statement, if required pursuant to Section 3
hereof, the Company shall comply with all the provisions of Section 4(b) hereof and shall use its commercially reasonable efforts to effect such registration (unless automatically declared effective) to permit the sale of the Registrable
Securities being sold in accordance with any method or methods of distribution thereof requested by holders of a majority of the Registrable Securities covered by such Registration Statement (which may, but need not, be an Underwritten Offering).

 (b) General Provisions. In connection with any Registration Statement and any Prospectus required by this
Agreement to permit the sale or resale of Registrable Securities and any Free Writing Prospectus (including, without limitation, any Registration Statement and the related Prospectus required to permit resales of securities by Broker-Dealers and any
Free Writing Prospectus related thereto), the Company shall: 
 (i) use its commercially reasonable efforts to keep such
Registration Statement continuously effective during the period required by this Agreement and provide all requisite financial statements; upon the occurrence of any event that would cause any such Registration Statement or the Prospectus contained
therein (A) to contain a material misstatement or omission or (B) not to be effective and usable for resale of Registrable Securities during the period required by this Agreement, the Company shall file promptly an appropriate amendment to
such Registration Statement, in the case of clause (A), correcting any such misstatement or omission, and, in the case of either clause (A) or (B), use its commercially reasonable efforts to cause such amendment to be declared effective (unless
automatically declared effective) and such Registration Statement and the related Prospectus to become usable for their intended purpose(s) as soon as practicable thereafter; 

 

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 (ii) prepare and file with the Commission such amendments and post-effective amendments to
the applicable Registration Statement as may be necessary to keep the Registration Statement effective for the applicable period set forth in Section 3, or such shorter period as will terminate when all Registrable Securities covered by
such Registration Statement have been sold; cause the Prospectus to be supplemented by any required Prospectus supplement, and as so supplemented to be filed pursuant to Rule 424 under the Securities Act, and to comply fully with the applicable
provisions of Rules 424 and 430A under the Securities Act in a timely manner; and comply with the provisions of the Securities Act with respect to the disposition of all securities covered by such Registration Statement during the applicable period
in accordance with the intended method or methods of distribution by the sellers thereof set forth in such Registration Statement or supplement to the Prospectus; 

(iii) advise the underwriter(s), if any, and selling Holders of securities covered by such Registration Statement promptly and, if
requested by such Persons, to confirm such advice in writing, (A) when the Prospectus, any Prospectus supplement, any post-effective amendment or any Free Writing Prospectus has been filed, and, with respect to any Registration Statement or any
post-effective amendment thereto, when the same has become effective, (B) of any request by the Commission for amendments to the Registration Statement or amendments or supplements to the Prospectus or for additional information relating
thereto, (C) of the issuance by the Commission of any stop order suspending the effectiveness of the Registration Statement under the Securities Act, of the suspension by any state securities commission of the qualification of the Registrable
Securities for offering or sale in any jurisdiction, or the initiation of any proceeding for any of the preceding purposes, of the issuance by the Commission of a notification of objection to the use of the form on which the Registration Statement
has been filed, or of the happening of any event that causes the Company to become an “ineligible issuer,” as defined in Commission Rule 405 and (D) of the existence of any fact or the happening of any event that makes any
statement of a material fact made in the Registration Statement, the Prospectus, any amendment or supplement thereto or any document incorporated by reference therein untrue, or that requires the making of any additions to or changes in the
Registration Statement or the Prospectus in order to make the statements therein not misleading. If at any time the Commission shall issue any stop order suspending the effectiveness of the Registration Statement or a notification of objection to
the use of the form on which the Registration Statement has been filed or if any state securities commission or other regulatory authority shall issue an order suspending the qualification or exemption from qualification of the Registrable
Securities under state securities or blue sky laws, the Company shall use its commercially reasonable efforts to obtain the withdrawal or lifting of such order at the earliest practicable time; 

(iv) furnish without charge to each selling Holder named in any Registration Statement that has requested such copies, if any, and each
of the underwriter(s), if any, before filing with the Commission, copies of any Registration Statement, any Prospectus included therein or any amendments or supplements to any such Registration Statement or Prospectus, which documents will be
subject to the review and comment of such requesting Holders and underwriter(s) in connection with such sale, if any, for a period of at least five Business Days, and the Company will not file any such Registration Statement or Prospectus or any
amendment or supplement to any such Registration Statement or Prospectus (including all such documents incorporated by reference) to which the Holders or the underwriter(s), if any, shall reasonably object in writing within five Business Days after
the receipt thereof (such objection to be deemed 
  

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timely made upon confirmation of telecopy transmission within such period). The objection of the Holders or an underwriter, if any, shall be deemed to be reasonable if such Registration
Statement, amendment, Prospectus or supplement, as applicable, as proposed to be filed, contains a material misstatement or omission; 

(v) make available, subject to customary confidentiality agreements, at reasonable times for inspection by the Holders or the managing
underwriter(s), if any, participating in any disposition pursuant to such Registration Statement and any attorney or accountant retained by the Holders or any of the underwriter(s), all financial and other records, pertinent corporate documents and
properties of the Company, and cause the Company’s officers, directors and employees to supply all information, in each case as shall be reasonably necessary to enable any such Holder, underwriter, attorney or accountant to exercise any
applicable responsibilities in connection with such Registration Statement or any post-effective amendment thereto subsequent to the filing thereof and prior to its effectiveness and to participate in meetings with investors to the extent reasonably
requested by the managing underwriter(s), if any; 
 (vi) if requested by any selling Holders of securities covered by such
Registration Statement or the underwriter(s), if any, promptly incorporate in any Registration Statement or Prospectus, pursuant to a supplement or post-effective amendment if necessary, such information as such selling Holders and underwriter(s),
if any, may reasonably request to have included therein, including, without limitation, information relating to the “Plan of Distribution” of the Registrable Securities, information with respect to the number of Registrable Securities
being sold to such underwriter(s), the purchase price being paid therefor and any other terms of the offering of the Registrable Securities to be sold in such offering; and make all required filings of such Prospectus supplement or post-effective
amendment as soon as practicable after the Company is notified of the matters to be incorporated in such Prospectus supplement or post-effective amendment; 

(vii) furnish to each selling Holder and each of the underwriter(s), if any, without charge, at least one copy of the Registration
Statement, as first filed with the Commission, and of each amendment thereto, including financial statements and schedules, all documents incorporated by reference therein and all exhibits (including exhibits incorporated therein by reference)
unless such documents or exhibits are available on the Commission’s Electronic Data Gathering Analysis and Retrieval system or Interactive Data Electronic Applications system; 

(viii) deliver to each selling Holder of Registrable Securities covered by the Registration Statement and each of the underwriter(s), if
any, without charge, as many copies of the Prospectus (including each preliminary prospectus) and any amendment or supplement thereto as such Persons reasonably may request; the Company hereby consents to the use of the Prospectus and any amendment
or supplement thereto by each of the selling Holders and each of the underwriter(s), if any, in connection with the offering and the sale of the Registrable Securities covered by the Prospectus or any amendment or supplement thereto; 

(ix) enter into such agreements (including an underwriting agreement), and make such representations and warranties, and take all such
other commercially reasonable 
  

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actions in connection therewith in order to expedite or facilitate the disposition of the Registrable Securities pursuant to any Registration Statement contemplated by this Agreement, all to such
extent as may be directed by the holders of a majority of the Registrable Securities covered by such Registration Statement in connection with any sale or resale pursuant to any Registration Statement contemplated by this Agreement; and whether or
not an underwriting agreement is entered into and whether or not the registration is an Underwritten Registration, the Company shall, if directed by the holders of a majority of the Registrable Securities covered by such Registration Statement:

 (A) furnish to each underwriter, if any, in such substance and scope as they may reasonably request and as are
customarily made by issuers to underwriters in primary underwritten offerings, upon the date of the effectiveness of the Registration Statement: 

(1) a certificate, dated the date of effectiveness of the Registration Statement, as the case may be, signed by
(y) the President or any Vice President and (z) a principal financial or accounting officer of the Company, confirming, as of the date thereof, the matters customarily covered in certificates requested in similar offerings; 

(2) an opinion, dated the date of effectiveness of the Registration Statement, as the case may be, of counsel for the
Company, such matters as are customarily covered in opinions requested in similar offerings, and a statement to the effect that such counsel has participated in conferences with officers and other representatives of the Company, representatives of
the independent public accountants for the Company, representatives of the underwriter(s), if any, and counsel to the underwriter(s), if any, in connection with the preparation of such Registration Statement and the related Prospectus and have
considered the matters required to be stated therein and the statements contained therein, although such counsel has not independently verified the accuracy, completeness or fairness of such statements; and that such counsel advises that, on the
basis of the foregoing, no facts came to such counsel’s attention that caused such counsel to believe that the applicable Registration Statement, at the date of the opinion and at the time such Registration Statement or any post-effective
amendment thereto became effective, contained an untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were
made, not misleading, or that the Prospectus contained in such Registration Statement as of its date and as of the date of effectiveness, contained an untrue statement of a material fact or omitted to state a material fact necessary in order to make
the statements therein not misleading. Without limiting the foregoing, such counsel may state further that such counsel assumes no responsibility for, and has not independently verified, the accuracy, completeness or fairness of the financial
statements, notes and schedules and other financial data included in any Registration Statement contemplated by this Agreement or the related Prospectus, and such opinion may be further subject to customary assumptions and qualifications; and

  

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 (3) a customary comfort letter, dated the date of effectiveness of the
Registration Statement, from the Company’s independent accountants, in the customary form and covering matters of the type customarily requested to be covered in comfort letters by underwriters in connection with offerings of the type
contemplated by the Registration Statement; 
 (B) set forth in full or incorporate by reference in the
underwriting agreement, if any, the indemnification provisions and procedures of Section 7 hereof with respect to all parties to be indemnified pursuant to said Section; and 

(C) deliver such other documents and certificates as may be reasonably requested by such parties to evidence compliance
with Section 4(b)(ix)(A) hereof and with any customary conditions contained in the underwriting agreement or other agreement entered into by the Company pursuant to this Section 4(b)(ix), if any. 

(x) prior to any public offering of Registrable Securities, cooperate with the selling Holders, the underwriter(s), if any, and their
respective counsel in connection with the registration and qualification of the Registrable Securities under the state securities or blue sky laws of such jurisdictions as the selling Holders or underwriter(s), if any, may request and do any and all
other acts or things necessary or advisable to enable the disposition in such jurisdictions of the Registrable Securities covered by the Registration Statement; provided, however, that the Company shall not be required to register or qualify
as a foreign corporation where it is not then so qualified or to take any action that would subject it to the service of process in suits or to taxation, other than as to matters and transactions relating to the Registration Statement, in any
jurisdiction where it is not then so subject; 
 (xi) use its commercially reasonable efforts to cause the Registrable
Securities covered by the Registration Statement to be registered with or approved by such other governmental agencies or authorities as may be necessary to enable the seller or sellers thereof or the underwriter(s), if any, to consummate the
disposition of such Registrable Securities, subject to the proviso contained in Section 4(b)(x) hereof; 
 (xii) if
any fact or event contemplated by Section 4(b)(iii)(D) hereof shall exist or have occurred, prepare a supplement or post-effective amendment to the Registration Statement or related Prospectus or any document incorporated therein by
reference or file any other required document so that, as thereafter delivered to the Holders of Registrable Securities, the Prospectus will not contain an untrue statement of a material fact or omit to state any material fact necessary in order to
make the statements therein, in light of the circumstances in which they were made, not misleading; 
 (xiii) cooperate and
assist in any filings required to be made with the FINRA and in the performance of any due diligence investigation by any underwriter (including any “qualified independent underwriter”) that is required to be retained in accordance with
the rules and regulations of the FINRA; and 
 (xiv) otherwise use its commercially reasonable efforts to comply with all
applicable rules and regulations of the Commission, and make generally available to its security 
  

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holders, as soon as practicable, a consolidated earning statement meeting the requirements of Rule 158 under the Securities Act (which need not be audited) for the twelve-month period
(A) commencing at the end of any fiscal quarter in which Registrable Securities are sold to underwriters in a firm commitment or best efforts Underwritten Offering or (B) if not sold to underwriters in such an offering, beginning with the
first month of the Company’s first fiscal quarter commencing after the effective date of the Registration Statement. 
 Each Holder agrees
by acquisition of a Registrable Security that, upon receipt of any notice from the Company of the existence of any fact of the kind described in Section 4(b)(iii)(D) hereof, such Holder will forthwith discontinue disposition of
Registrable Securities pursuant to the applicable Registration Statement until such Holder’s receipt of the copies of the supplemented or amended Prospectus contemplated by Section 4(b)(xii) hereof, or until it is advised in writing
(the “Advice”) by the Company that the use of the Prospectus may be resumed, and has received copies of any additional or supplemental filings that are incorporated by reference in the Prospectus. If so directed by the Company, each
Holder will deliver to the Company (at the Company’s expense) all copies, other than permanent file copies then in such Holder’s possession, of the Prospectus covering such Registrable Securities that was current at the time of receipt of
such notice. In the event the Company shall give any such notice, the time period regarding the effectiveness of such Registration Statement set forth in Section 3 hereof, shall be extended by the number of days (a “Delay
Period”) during the period from and including the date of the giving of such notice pursuant to Section 4(b)(iii)(D) hereof to and including the date when each selling Holder covered by such Registration Statement shall have
received the copies of the supplemented or amended Prospectus contemplated by Section 4(b)(xii) hereof or shall have received the Advice. 

(c) Underwritten Offerings. Notwithstanding anything to the contrary contained in this Agreement, the Company shall not be
obligated to undertake an Underwritten Offering pursuant to the Registration Statement within six months following any Underwritten Offering. 

SECTION 5. 

PIGGYBACK REGISTRATION; LOCK-UP PERIODS 

(a) Piggyback Registration Rights. 

(i) Piggyback Registrations. If the Company proposes to file a registration statement under the Securities Act with respect to an
offering of Common Stock for the Company’s own account (except pursuant to registrations on Form S-4 or any successor form or on Form S-8 or any successor form relating solely to securities issued pursuant to any benefit plan) or for the
account of any holder of Common Stock of the Company (other than a Holder) on a form that would permit registration of Registrable Securities for sale to the public under the Securities Act, then the Company shall give written notice of such
proposed filing to the Holders as soon as practicable (but in no event less than 30 days before the anticipated filing date) (a “Registration Notice”), describing in reasonable detail the proposed registration (including the number
and class of securities proposed to be registered, the proposed date of filing of such registration statement, any proposed means of distribution of such securities, any proposed managing underwriter of such securities and a good faith estimate by
the Company of the 
  

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proposed maximum offering price of such securities as such price is proposed to appear on the facing page of such registration statement), and offering such Holders the opportunity to register
such number of Registrable Securities as each such Holder may request. Upon the written request of any Holder, given by such Holder to the Company no later than 10 Business Days after the Company’s notice is delivered to such Holder, to
register, on the same terms and conditions as the securities otherwise being sold pursuant to such registration, any of such Holder’s Registrable Securities, the Company will use its best efforts to cause such Registrable Securities as to which
registration shall have been so requested to be included in the registration statement proposed to be filed by the Company on the same terms and conditions as any similar securities included therein; provided, however, that,
notwithstanding the foregoing, the Company may at any time, in its sole discretion, without the consent of any Holder, delay or abandon the proposed offering in which any Holder had requested to participate pursuant to this
Section 5(a)(i) or cease the filing (or obtaining or maintaining the effectiveness) of or withdraw the related registration statement or other governmental approvals, registrations or qualifications. In such event, the Company shall so
notify each Holder that had notified the Company in accordance with this Section 5(a)(i) of its intention to participate in such offering and, except for the obligation of the Company to pay registration expenses pursuant to
Section 6, the Company shall incur no liability for its failure to complete any such offering. There is no limitation on the number of registrations that may be requested by the Holders pursuant to this Section 5(a)(i) which
the Company is obligated to effect. 
 (ii) Priority on Piggyback Registrations. If the managing underwriter for an
Underwritten Offering to be made by the Company advises the Company in writing that the inclusion of Registrable Securities in such offering would cause an adverse effect on such offering, and the Company notifies, in writing, each Holder that has
requested its Registrable Securities be so included of such advice, then (i) the number of such Holder’s or Holders’ Registrable Securities to be included in the Registration Statement shall be reduced to an amount which, in the
judgment of such managing underwriter, would eliminate such adverse effect or (ii) if no such reduction would, in the judgment of such managing underwriter, eliminate such adverse effect, then the Company shall have the right to exclude all
such Registrable Securities from such Registration Statement; provided, however, that no other securities that are the same as the Registrable Securities that had been requested to be included in a Registration Statement by any Holder
pursuant to Section 5(a)(i) are included and offered for the account of any other Person (other than the Company) in such Registration Statement. Any partial reduction in the number of Registrable Securities to be included in the
Registration Statement pursuant to clause (i) of the immediately preceding sentence shall be effected on a pro rata basis among each of the Holders requesting inclusion of Registrable Securities in such Registration Statement and each of
the other holders of securities of the Company that are requesting inclusion of securities of the Company in such Registration Statement that are the same as the Registrable Securities that had been requested to be included in such Registration
Statement based on the ratio that the number of Registrable Securities or other securities of the Company that each such Holder or each such other holder requested to be included in such Registration Statement bears to the total number of
Registrable Securities and other securities of the Company that all Holders and such other holders requested to be included in such Registration Statement. 

(iii) Withdrawals. Each Holder shall have the right to withdraw its request for inclusion of its Registrable Securities in any
Registration Statement pursuant to this Section 5(a) 
  

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or may reduce the number of Registrable Securities requested to be included by giving written notice to the Company of its request to withdraw or reduce, whereupon only the Registrable
Securities, if any, it desires to have included will be so included and the Holders not so reducing shall be entitled to a corresponding increase in the amount of Registrable Securities to be included in such registration; provided,
however, that such withdrawal or reduction (x) must be made in writing prior to the earlier of the execution of the underwriting agreement or the execution of the custody agreement with respect to such registration and (y) shall be
irrevocable. 
 (iv) Underwritten Offerings. 

(A) In connection with the exercise of any piggyback registration rights granted to Holders pursuant to this
Section 5, if the registration is to be effected by means of an Underwritten Offering, the Company may condition participation in such registration by any such Holder upon inclusion of the Registrable Securities being so registered in
such underwriting and such Holder’s entering into an underwriting agreement. In addition, such Holders may request that such Registrable Securities be included in any Underwritten Offering, (whether or not on a firm commitment basis).

 (B) With respect to any offering of Registrable Securities pursuant to this Section 5 in the form
of an Underwritten Offering, the Company shall select an investment banking firm of national standing to be the managing underwriter for the offering. 

(b) Lock-Up. 

(i) Company Standstill Period. In the event of an Underwritten Offering of Registrable Securities pursuant to
Section 3, the Company agrees not to, without the prior written consent of Holders of a majority of the shares of Common Stock held by all the Holders, effect any public sale or public distribution of any securities (except securities
that may be held by the Company for its own account under the relevant registration statement) that are the same as, or similar to, the Registrable Securities, or any securities convertible into, or exchangeable or exercisable for, any securities of
the Company that are the same as, or similar to, the Registrable Securities (except pursuant to registrations on Form S-4 or any successor form, or otherwise in connection with the acquisition of a business or assets of a business, a merger, or an
exchange offer for the securities of the issuer or another entity, or registrations on Form S-8 or any successor form relating solely to securities offered pursuant to any benefit plan), during the period commencing 15 days prior to the effective
date of the Registration Statement relating to such registration and ending on the 90th day after such effective date (the “Company Standstill Period”). 

(ii) Holder Standstill Period. Each Holder who sells Registrable Securities in an Underwritten Offering pursuant to
Section 3 or Section 5(a) agrees not to, without the prior written consent of the managing underwriter for such Underwritten Offering, effect any disposition (except for dispositions included in, or pursuant to, such
Underwritten Offering) pursuant to any registration or any public sale or distribution, including pursuant to Rule 144 under the Securities Act, of any Registrable Securities or any securities convertible into, or exchangeable or exercisable for,
any securities of the Company that are the same as, or similar 
  

 12 

 
to, the Registrable Securities, during the period commencing 15 days prior to the effective date of any registration statement relating to such securities of the Company and ending on the 90th
day after such effective date. 
 SECTION 6. 

REGISTRATION EXPENSES 

All expenses incident to the Company’s performance of or compliance with this Agreement will be borne by the Company, regardless of
whether a Registration Statement becomes effective, including, without limitation: (i) all registration and filing fees and expenses (including filings made by any Holder with the FINRA (and, if applicable, the fees and expenses of any
“qualified independent underwriter”, and one counsel to such person, that may be required by the rules and regulations of the FINRA)); (ii) all fees and expenses of compliance with federal securities and state securities or blue sky
laws; (iii) all expenses of printing (including printing of Prospectuses), messenger and delivery services and telephone; (iv) all fees and disbursements of counsel for the Company and one counsel to the Holders of Registrable Securities
as may be chosen by the Backstop Parties holding a majority in principal amount of the shares of Common Stock held by all the Backstop Parties for whose benefit such Registration Statement is being prepared; and (v) all fees and disbursements
of independent certified public accountants of the Company (including the expenses of any special audit and comfort letters required by or incident to such performance). 

The Company will, in any event, bear its internal expenses (including, without limitation, all salaries and expenses of its officers and
employees performing legal or accounting duties), the expenses of any annual audit and the fees and expenses of any Person, including special experts, retained by the Company. 

SECTION 7. 

INDEMNIFICATION 

(a) The Company agrees to indemnify and hold harmless (i) each Holder and (ii) each Person, if any, who controls (within the
meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act) any Holder (any of the Persons referred to in this clause (ii) being hereinafter referred to as a “controlling person”) and (iii) the
respective officers, directors, partners, employees, of any Holder or any controlling person (any Person referred to in clause (i), (ii) or (iii) may hereinafter be referred to as an “Indemnified Holder”), to the fullest
extent lawful, from and against any and all losses, claims, damages, liabilities, judgments, actions and expenses (including, without limitation, and as incurred, reimbursement of all reasonable costs of investigating, preparing, pursuing, settling,
compromising, paying or defending any claim or action, or any investigation or proceeding by any governmental agency or body, commenced or threatened, including the reasonable fees and expenses of counsel to any Indemnified Holder), joint or
several, directly or indirectly caused by, related to, based upon, arising out of or in connection with any untrue statement or alleged untrue statement of a material fact contained in any Registration Statement, Prospectus (or any amendment or
supplement thereto) or Free Writing Prospectus, or any omission or alleged omission to state therein a material fact required 
  

 13 

 
to be stated therein or necessary to make the statements therein not misleading, except insofar as such losses, claims, damages, liabilities or expenses are caused by an untrue statement or
omission or alleged untrue statement or omission that is made in reliance upon and in conformity with information relating to any of the Holders furnished in writing to the Company by any of the Holders expressly for use therein. This indemnity
agreement shall be in addition to any liability that the Company may otherwise have. 
 (b) Each Holder of Registrable
Securities as at the date of the relevant Registration Statement agrees, severally and not jointly, to indemnify and hold harmless the Company and its respective directors, officers and employees, and any Person controlling (within the meaning of
Section 15 of the Securities Act or Section 20 of the Exchange Act) the Company, and its respective officers, directors, partners and employees of each such Person, to the same extent as the foregoing indemnity from the Company to each of
the Indemnified Holders, but only with respect to claims and actions based on information relating to such Holder furnished in writing by such Holder expressly for use in any Registration Statement. This indemnity agreement shall be in addition to
any liability that any of the Holders may otherwise have. 
 (c) In case any action or proceeding (including any governmental or
regulatory investigation or proceeding) shall be brought or asserted against any party indemnified under Section 7(a) or (b) hereof with respect to which indemnity may be sought against the Company, such indemnified party shall
promptly notify the Company in writing; provided, however, that the failure to give such notice shall not relieve any of the Company of its obligations pursuant to this Agreement to the extent it is not actually prejudiced as a result of such
failure. In case any such action is brought against any indemnified party, and such indemnified party seeks or intends to seek indemnity from an indemnifying party, the indemnifying party will be entitled to participate in and, to the extent that it
shall elect, jointly with all other indemnifying parties similarly notified, by written notice delivered to the indemnified party promptly after receiving the aforesaid notice from such indemnified party, to assume the defense thereof with counsel
reasonably satisfactory to such indemnified party; provided, however, if the defendants in any such action include both the indemnified party and the indemnifying party and the indemnified party shall have reasonably concluded that a
conflict may arise between the positions of the indemnifying party and the indemnified party in conducting the defense of any such action or that there may be legal defenses available to it and/or other indemnified parties which are different from
or additional to those available to the indemnifying party, the indemnified party or parties shall have the right to select separate counsel to assume such legal defenses and to otherwise participate in the defense of such action on behalf of such
indemnified party or parties. Upon receipt of notice from the indemnifying party to such indemnified party of such indemnifying party’s election so to assume the defense of such action and approval by the indemnified party of counsel, the
indemnifying party will not be liable to such indemnified party under this Section 7 for any legal or other expenses subsequently incurred by such indemnified party in connection with the defense thereof unless (i) the indemnified
party shall have employed separate counsel in accordance with the proviso to the next preceding sentence (it being understood, however, that the indemnifying party shall not be liable for the expenses of more than one separate counsel (together with
local counsel), reasonably approved by the indemnifying party, representing the indemnified parties who are parties to such action) or (ii) the indemnifying party shall not have employed counsel satisfactory to the indemnified party to
represent the indemnified party within a reasonable time after notice of commencement of the action, in each of which cases the fees and expenses of counsel shall be at the expense of the indemnifying party. 

 

 14 

 No indemnifying party under this Section 7 shall be liable for any settlement of
any such action or proceeding effected without its prior written consent, and each indemnifying party agrees to indemnify and hold harmless any indemnified party from and against any loss, claim, damage, liability or expense by reason of any
settlement of any action effected with the written consent of the indemnifying party, such consent not to be unreasonably withheld or delayed. No indemnifying party shall, without the prior written consent of the indemnified party, settle or
compromise or consent to the entry of judgment in or otherwise seek to terminate any pending or threatened action, claim, litigation or proceeding in respect of which indemnification or contribution may be sought hereunder (whether or not any
indemnified party is a party thereto), unless such settlement, compromise, consent or termination includes an unconditional release of the indemnified party from all liability arising out of such action, claim, litigation or proceeding, and does not
include any statement as to or any admission of fault, culpability or a failure to act by or on behalf of any indemnified party. 

(d) If the indemnification provided for in this Section 7 is unavailable to an indemnified party under Section 7(a)
or (b) hereof (other than by reason of exceptions provided in those Sections) in respect of any losses, claims, damages, liabilities, judgments, actions or expenses referred to therein, then each applicable indemnifying party, in lieu of
indemnifying such indemnified party, shall contribute to the amount paid or payable by such indemnified party as a result of such losses, claims, damages, liabilities or expenses in such proportion as is appropriate to reflect (i) the relative
benefits received by the Company, on the one hand, and the Holders, on the other hand, from the filing of the Registration Statement resulting in such losses, claims, damages, liabilities, judgments, actions or expenses or (ii) if such
allocation is not permitted by applicable law, the relative fault of the Company, on the one hand, and the Holders, on the other hand, in connection with the statements or omissions which resulted in such losses, claims, damages, liabilities or
expenses, as well as any other relevant equitable considerations. The relative fault of the Company, on the one hand, and of the Indemnified Holder on the other shall be determined by reference to, among other things, whether the untrue or alleged
untrue statement of a material fact or the omission or alleged omission to state a material fact relates to information supplied by the Company, on the one hand, or the Indemnified Holders, on the other hand, and the parties’ relative intent,
knowledge, access to information and opportunity to correct or prevent such statement or omission. The amount paid or payable by a party as a result of the losses, claims, damages, liabilities and expenses referred to above shall be deemed to
include, subject to the limitations set forth in Section 7(a) hereof, any legal or other fees or expenses reasonably incurred by such party in connection with investigating or defending any action or claim. The provisions set forth in
Section 7 hereof with respect to notice of commencement of any action shall apply if a claim for contribution is to be made under Section 7(d) above; provided, however, that no additional notice shall be
required with respect to any action for which notice has been given under Section 7 hereof for purposes of indemnification. 

The Company and each Holder of Registrable Securities agree that it would not be just and equitable if contribution pursuant to
Section 7(d) were determined by pro rata allocation (even if the Holders were treated as one entity for such purpose) or by any other method of allocation which does not take account of the equitable considerations referred to in the

  

 15 

 
immediately preceding paragraph. No Person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any
Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 7(d) are several in proportion to the respective principal amount of securities held by each of the
Holders hereunder and not joint. 
 SECTION 8. 

RULE 144 

The Company covenants that it will file the reports required to be filed by it under the Securities Act and the Exchange Act and the
rules and regulations adopted by the Commission thereunder and take any such further action as any Holder of Registrable Securities may reasonably request, all to the extent required from time to time to enable Holders of Registrable Securities to
sell Registrable Securities without registration under the Securities Act within the limitation of the exemptions provided by (i) Rule 144, Rule 144A or Regulation S under the Securities Act, as such rules may be amended from time to time, or
(ii) any similar rule or regulation hereafter adopted by the Commission. 
 SECTION 9. 

PARTICIPATION IN UNDERWRITTEN REGISTRATIONS 

No Holder may participate in any Underwritten Registration hereunder unless such Holder (a) agrees to sell such Holder’s
Registrable Securities on the basis provided in any underwriting arrangements approved by the Persons entitled hereunder to approve such arrangements and (b) completes and executes all reasonable and customary questionnaires, powers of
attorney, indemnities, underwriting agreements, lock-up letters and other documents required under the terms of such underwriting arrangements. 

SECTION 10. 

SELECTION OF UNDERWRITER 

The Holders of Registrable Securities covered by the Registration Statement who desire to do so may sell such Registrable Securities in
an Underwritten Offering. In any such Underwritten Offering, subject, however, to the provisions of Section 5(a)(iv)(B), the investment banker(s) and managing underwriter(s) that will administer such offering will be selected by the
Holders of a majority of the Registrable Securities included in the Registration Statement; provided, however, that such investment banker(s) and managing underwriter(s) must be reasonably satisfactory to the Company. 

SECTION 11. 

MISCELLANEOUS. 

(a) Remedies. The Company hereby agrees that monetary damages would not be adequate compensation for any loss incurred by reason
of a breach by it of the provisions of this Agreement and hereby agree to waive the defense in any action for specific performance that a remedy at law would be adequate. 
  

 16 

 (b) No Inconsistent Agreements. The Company will not on or after the date of
this Agreement enter into any agreement with respect to its securities that conflicts with the provisions hereof. The Company represents and warrants that the rights granted to the Holders hereunder do not in any way conflict with the rights granted
to the holders of the Company’s securities under any agreement in effect on the date hereof. 
 (c) Amendments and
Waivers. The provisions of this Agreement may not be amended, modified or supplemented, and waivers or consents to or departures from the provisions hereof may not be given unless the Company has obtained the written consent of the
Backstop Parties holding a majority of the shares of Common Stock held by all the Backstop Parties. 
 (d)
Notices. All notices, requests, waivers and other communications made pursuant to this Agreement shall be in writing and shall be deemed to have been effectively given (a) when personally delivered to the party to be notified;
(b) when sent by confirmed facsimile to the party to be notified; (c) three Business Days after deposit in the United States mail, postage prepaid, by certified or registered mail with return receipt requested, addressed to the party to be
notified; or (d) one Business Day after deposit with a national overnight delivery service, postage prepaid, addressed to the party to be notified with next-Business Day delivery guaranteed, in each case as follows: (i) in the case of any
Holder, to such Holder at its address or facsimile number set forth in the stock records of the Company; and (ii) in the case of the Company, to the Secretary of the Company at the Company’s principal place of business. A party may change
its address for purposes of notice hereunder by giving notice of such change to all other parties in the manner provided in this Section 11(d). 

(e) Successors and Assigns. This Agreement shall inure to the benefit of and be binding upon the successors and assigns of
each of the parties, including, without limitation, and without the need for an express assignment, subsequent Holders of Registrable Securities; provided, however, that this Agreement shall not inure to the benefit of or be binding upon a
successor or assign of a Holder unless and to the extent such successor or assign acquired Registrable Securities from such Holder. 

(f) Counterparts. This Agreement may be executed in any number of counterparts and by the parties hereto in separate
counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. 

(g) Headings. The headings in this Agreement are for convenience of reference only and shall not limit or otherwise affect
the meaning hereof. 
 (h) Governing Law; Consent to Jurisdiction and Service of Process. This Agreement shall be
governed by and construed in accordance with the laws of the State of Delaware, without regard to its conflicts of law doctrine. The Company and each Holder hereby submits to the exclusive jurisdiction of (i) the Bankruptcy Court, (ii) the
courts of the State of Delaware, 
  

 17 

 
and (iii) the United States District Court for the Southern District of New York and of any New York State Court sitting in the City of New York, and any judicial proceeding brought against
the Company or any Holder with respect to any dispute arising out of this Agreement or any matter related hereto shall be brought only in such courts. The Company and each Holder hereby irrevocably waives, to the fullest extent permitted by law, any
objection it may have or hereafter have to the laying of the venue of any such proceeding brought in such a court and any claim that any such proceeding brought in such a court has been brought in an inconvenient forum. The Company and each Holder
hereby consents to process being served in any such proceeding by the mailing of a copy thereof by registered or certified mail, postage prepaid, to the address specified in Section 11(d), or in any other manner permitted by law. THE
COMPANY AND EACH HOLDER HEREBY KNOWINGLY, VOLUNTARILY, AND INTENTIONALLY WAIVES ANY RIGHTS IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY SUCH ACTION OR PROCEEDING. 

(i) Severability. In the event that any one or more of the provisions contained herein, or the application thereof in any
circumstance, is held invalid, illegal or unenforceable, the validity, legality and enforceability of any such provision in every other respect and of the remaining provisions contained herein shall not be affected or impaired thereby. 

(j) Entire Agreement. This Agreement is intended by the parties as a final expression of their agreement and intended to be
a complete and exclusive statement of the agreement and understanding of the parties hereto in respect of the subject matter contained herein. There are no restrictions, promises, warranties or undertakings, other than those set forth or referred to
herein with respect to the registration rights granted by the Company with respect to the Registrable Securities. This Agreement supersedes all prior agreements and understandings between the parties with respect to such subject matter. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

 

 18 

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

			
	COMPANY: 
	
	TRUMP ENTERTAINMENT RESORTS, INC.
		
	By:	 	  

		 	Name:
		 	Title:

  

 [Signature Page to the Registration Rights Agreement] 

			
	AVENUE CAPITAL MANAGEMENT II, L.P., solely in its capacity as its investment advisor to Avenue Investments, L.P., Avenue International Master, L.P., Avenue
Special Situations Fund IV, L.P., Avenue Special Situations Fund V, L.P., and Avenue CDP-Global Opportunities Fund, L.P.
		
	By:	 	  

		 	Name:
		 	Title:

  

 [Signature Page to the Registration Rights Agreement] 

			
	BRIGADE LEVERAGED CAPITAL STRUCTURES FUND LTD.
		
	By:	 	  

		 	Name:
		 	Title:

  

 [Signature Page to the Registration Rights Agreement] 

			
	CONTINENTAL CASUALTY COMPANY
		
	By:	 	  

		 	Name:
		 	Title:

  

 [Signature Page to the Registration Rights Agreement] 

			
	CONTRARIAN FUNDS, LLC
		
	 By: 
	 	 Contrarian Capital Management, LLC,

as manager

		
	By:	 	  

		 	Name:
		 	Title:

  

 [Signature Page to the Registration Rights Agreement] 

			
	GOLDENTREE ASSET MANAGEMENT, LP, as investment advisor on behalf of certain of its managed funds
		
	By:	 	  

		 	Name:
		 	Title:

  

 [Signature Page to the Registration Rights Agreement] 

			
	INTERSTATE 15 HOLDINGS, L.P.
		
	By:	 	  

		 	Name:
		 	Title:

  

 [Signature Page to the Registration Rights Agreement] 

			
	MFC GLOBAL INVESTMENT MANAGEMENT (U.S.), LLC
		
	By:	 	  

		 	Name:
		 	Title:

  

 [Signature Page to the Registration Rights Agreement] 

			
	NORTHEAST INVESTORS TRUST
		
	By:	 	  

		 	Name:
		 	Title:

  

 [Signature Page to the Registration Rights Agreement] 

			
	POLYGON GLOBAL OPPORTUNITIES MASTER FUND
		
	 By: 
	 	 Polygon Investment Partners LLP,

as investment adviser

		
	By:	 	  

		 	Name:
		 	Title:

  

 [Signature Page to the Registration Rights Agreement]Amended and Restated Services Agreeement

 EXHIBIT 10.3 

EXECUTION VERSION 

AMENDED AND RESTATED SERVICES AGREEMENT 

THIS AMENDED AND RESTATED SERVICES AGREEMENT (this “Agreement”), made as of this 16th day of July, 2010, is by and among
DONALD J. TRUMP (“Mr. Trump”), IVANKA TRUMP (“Ms. Trump” and, each of Mr. Trump and Ms. Trump individually, a “Trump Party”, and collectively, the “Trump Parties”), TRUMP
ENTERTAINMENT RESORTS, INC., a Delaware corporation (the “Company”), and TRUMP ENTERTAINMENT RESORTS HOLDINGS, L.P., a Delaware limited partnership (“Trump Holdings”). 

W I T N E S S E T H: 

WHEREAS, Mr. Trump, the Company and Trump Holdings entered into that certain Services Agreement, dated as of May 20, 2005 (the
“Prior Services Agreement”); 
 WHEREAS, on February 13, 2009, Mr. Trump and Ms. Trump resigned
from all positions with the Company and certain of its direct and indirect subsidiaries, and Mr. Trump delivered a letter to the Board of Directors of the Company abandoning his partnership interest in Trump Holdings; 

WHEREAS, on February 17, 2009, the Company and certain of its direct and indirect subsidiaries (collectively, the
“Debtors”), each filed a voluntary petition for relief under chapter 11 of title 11 of the United States Code, 11 U.S.C. §§ 101-1532 (as amended, the “Bankruptcy Code”) before the United States Bankruptcy
Court for the District of New Jersey (the “Bankruptcy Court”); 
 WHEREAS, the Ad Hoc Committee of Holders of
8.5% Senior Secured Notes Due 2015 (the “Ad Hoc Committee”) and the Debtors filed that certain Modified Sixth Amended Joint Plan of Reorganization Under Chapter 11 of the Bankruptcy Code Proposed by the Ad Hoc Committee of Holders
of 8.5% Senior Secured Notes Due 2015 dated as of January 5, 2010 (as amended, supplemented or modified, the “AHC Plan”); 

WHEREAS on November 16, 2009, certain parties, including but not limited to the Trump Parties and the members of the Ad Hoc
Committee, entered into a Plan Support Agreement (“Plan Support Agreement”) pursuant to and in accordance with which the Trump Parties are willing to enter into this Agreement; and 

WHEREAS, pursuant to the Plan Support Agreement, the Trump Parties have agreed to enter into a Second Amended and Restated Trademark
License Agreement, dated as of the date hereof, with the Company and Trump Holdings (as amended from time to time, the “Second Amended and Restated Trademark License Agreement”) and, in furtherance of the Second Amended and Restated
Trademark License Agreement, the Trump Parties are also entering into this Agreement; 

 NOW, THEREFORE, in consideration of the promises and the mutual covenants herein and
in the Plan Support Agreement, and other good and valuable consideration (including but not limited to the issuance to Mr. Trump on the date hereof of shares of common stock representing a 5% equity interest in Company and a common stock
purchase warrant, in accordance with the AHC Plan), the receipt and sufficiency of which is acknowledged by the parties hereto, the parties hereto hereby agree as follows: 

ARTICLE I. 

LIMITATION ON MR. TRUMP’S ACTIVITIES 

Section 1.1. Limitation on Mr. Trump. Mr. Trump agrees that, until the termination of this Agreement
in accordance with the provisions of Section 3.1, Mr. Trump shall not, directly or through other Persons acting on his behalf: 

(a) consult for, or provide services to, any Person (other than the Company and its subsidiaries) engaged, directly or
through subsidiaries, in Casino and Gaming Activities in any part of the Territory which directly relate to the promotion, marketing or advertising of such Person’s Casino and Gaming Activities in the Territory; 

(b) with respect to Harrah’s Entertainment, Inc. or any Affiliate or successor entity of Harrah’s Entertainment,
Inc. (collectively, “Harrah’s”), (x) consult for or provide services (including, without limitation, promotional, marketing or advertising services) to Harrah’s, (y) be an officer, director or employee (whether
or not for compensation) of Harrah’s or (z) own more than five percent (5%) of the voting stock or other equity interests in Harrah’s; 

(c) be an officer, director or employee (whether or not for compensation) of any Person (other than the Company and its
subsidiaries) engaged, directly or through subsidiaries, in Casino and Gaming Activities in any part of the Territory, if (and only if) more than forty-two and a half percent (42.5%) of such Person’s total consolidated revenues are derived
directly from Casino and Gaming Activities in the Territory; or 
 (d) while serving as an officer, director or
employee of, or consultant or service provider for, any Person (other than the Company and its subsidiaries) engaged, directly or through subsidiaries, in Casino and Gaming Activities in any part of the Territory, consult on any matters for such
Person directly relating to such Person’s Casino and Gaming Activities in the Territory. 
 For purposes of determining the percentage of a
Person’s total consolidated revenues derived directly from Casino and Gaming Activities in the Territory, Mr. Trump may conclusively rely (without any inquiry or investigation) on such Person’s filings with the Securities and Exchange
Commission or other publicly available information made available by such Person, or other information furnished in writing by such Person to Mr. Trump. 

For the avoidance of doubt, other than the restriction of Mr. Trump’s ownership of the voting stock or other equity interests in Harrah’s
set forth in clause (b)(z) of this Section 1.1, there shall be no limit to the ownership by Mr. Trump of the voting stock or other equity interests of any Person. In addition, for the avoidance of doubt, none of the
provisions of this Section 1.1 shall apply to Ms. Trump. 
  

 2 

 Section 1.2. Cure Provisions. 

(a) If Mr. Trump breaches any provision of Section 1.1 of this Agreement, then Trump Holdings shall provide
Mr. Trump with written notice thereof, specifying such breach in reasonable detail. Mr. Trump shall correct or cure such breach within ten (10) business days from the date of notice thereof; provided, however, that if such breach
cannot reasonably be cured within such ten (10) business day period, so long as Mr. Trump shall be diligently proceeding to cure such breach, Mr. Trump shall have a reasonable period of time to cure such breach, not to exceed sixty
(60) days in the aggregate, including such initial ten (10) business day period. 
 (b) Nothing
contained in this Section 1.2 shall limit the rights of the Company and Trump Holdings under Section 4.10. 

ARTICLE II. 

REQUESTED SERVICES 

Section 2.1. Request of Services. The Company may request from time to time that either or both of the Trump Parties
participate in promotional, marketing or advertising activities on behalf of the Company, Trump Holdings or their subsidiaries that own Casino Properties (as defined in the Second Amended and Restated Trademark License Agreement), on such terms as
the Trump Parties (as applicable) and the Company may agree in their respective sole and absolute discretion. 
 ARTICLE III.

 TERM; TERMINATION; PRIOR SERVICES AGREEMENT 

Section 3.1. Term. This Agreement shall be effective as of the date hereof and shall terminate automatically and
contemporaneously with any termination of the Second Amended and Restated Trademark License Agreement, provided that this Agreement may be earlier terminated as follows: 

(a) by the Company or Trump Holdings, at any time and for any reason, upon 30 days written notice to the relevant Trump
Party from the Company or Trump Holdings (as applicable); 
 (b) automatically with respect to a Trump Party in
the event of such Trump Party’s death; or 
 (c) by the Trump Parties, upon written notice to the Company
and Trump Holdings, following the occurrence of the Restricted Expiration Date (as defined in the Second Amended and Restated Trademark License Agreement). 
  

 3 

 Section 3.2. Effect of Termination. Upon any termination of this
Agreement pursuant to Section 3.1 hereof, this Agreement shall become null and void with respect to each relevant party hereto, and shall be of no further force or effect, with no liability on the part of such party hereto with respect
to this Agreement. 
 Section 3.3. Prior Services Agreement. 

(a) To the extent not previously terminated, each of Mr. Trump, the Company and Trump Holdings hereby terminates the
Prior Services Agreement in all respects, effective immediately. Without limiting, and in furtherance of, the foregoing, each of Mr. Trump, the Company and Trump Holdings (for itself and its Affiliates) hereby irrevocably and unconditionally
forever releases and discharges in all respects each other such party and its Affiliates from any and all rights and obligations under, pursuant to or in connection with any of the Prior Services Agreement. 

(b) This Agreement shall be deemed to amend, restate and supersede the Prior Services Agreement in its entirety.

 ARTICLE IV. 

DEFINITIONS; ADDITIONAL PROVISIONS 

Section 4.1. Certain Definitions. In addition to the terms defined elsewhere in this Agreement, as used herein, the
following terms shall have the following meanings: 
 “Affiliate” shall mean, with respect to any Person, any
other Person that is directly or indirectly controlling or controlled by or under direct or indirect common control with such Person. For purposes of this definition, “control” of a Person means the possession, directly or indirectly, of
the power to direct or cause the direction of the management or policies of such Person, whether through ownership of voting securities, by contract or otherwise, and the terms “controlling” and “controlled” have corresponding
meanings. 
 “Casino and Gaming Activities” shall mean the ownership, operation or management of the gaming
portion of any building or complex of buildings in which the principal business activity is the taking or receiving of bets or wagers upon the result of games of chance or skill. 

“Harrah’s” shall have the meaning set forth in Section 1.1. 

“Person” means any individual, corporation, partnership (general or limited), limited liability company, joint venture,
association, joint-stock company, trust or unincorporated organization. 
 “Second Amended and Restated Trademark
License Agreement” shall have the meaning set forth in the recitals to this Agreement. 
 “Territory”
means the States of New York, New Jersey, Connecticut, Pennsylvania, Maryland and Delaware. 
  

 4 

 Section 4.2. CHOICE OF LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF DELAWARE WITHOUT REGARD TO ITS PRINCIPLES OF CONFLICTS OF LAWS. 

Section 4.3. Notices. All notices to be given hereunder shall be given in writing and shall be deemed given when
delivered by messenger (including delivery by overnight express delivery services) or by first-class U.S. mail, with postage prepaid, registered or certified, and if intended for the Company or Trump Holdings, delivered or addressed to the following
addresses (or at such address for a party as shall be specified by like notice): 
 Trump Entertainment Resorts, Inc.

 1000 Boardwalk at Virginia 

Atlantic City, NJ 08401 

Attention: Chief Executive Officer. 

if intended for Mr. Trump, delivered or addressed to: 

c/o The Trump Organization 

725 Fifth Avenue 

New York, New York 10022 

			
	 Attention:
	 	 Donald J. Trump
 Allen
Weisselberg
 Jason D. Greenblatt, Esq.

Ivanka Trump
 (each in a separate envelope and
each mailed separately)

 if intended for Ms. Trump, delivered or addressed to: 

c/o The Trump Organization 

725 Fifth Avenue 

New York, New York 10022 

			
	 Attention:
	 	 Ivanka Trump
 Jason D.
Greenblatt, Esq.
 (each in a separate envelope and each mailed separately)

Section 4.4. Limitations on Rights of Third Parties. Except as otherwise set forth herein, nothing in this Agreement
is intended or shall be construed to confer upon or give any Person, other than the parties hereto and their respective successors, any rights or remedies under or by reason of this Agreement or any transaction contemplated hereby. 

Section 4.5. Assignments. This Agreement may not be assigned (by operation of law or otherwise) without the prior
written consent of the parties hereto and any purported or attempted assignment or other transfer of rights or obligations under this Agreement without such consent shall be void and of no force or effect. 

 

 5 

 Section 4.6. No Joint Venture or Business Entity. Nothing expressed or
implied in this Agreement is intended or shall be construed to create or establish a joint venture, partnership or other business entity by, among or between the parties hereto. 

Section 4.7. Amendments. This Agreement may not be amended, modified or altered, and no provision hereof may be
waived, in any such case in whole or in part, except by a subsequent writing signed by the parties hereto; provided, however, that no amendments may be made to this Agreement without the prior approval of the Board of Directors of the
Company. 
 Section 4.8. Entire Agreement. This Agreement constitutes the entire agreement of the
parties hereto, and supersedes the Prior Services Agreement and all other prior agreements and understandings, written and oral, among the parties with respect to the subject matter hereof. This Section 4.8 is not intended to modify the
Second Amended and Restated Trademark License Agreement or imply that the Second Amended and Restated Trademark License Agreement is superseded. 

Section 4.9. Limitation on Damages. Neither party shall be liable to the other party for any consequential damages
resulting from a breach of this Agreement. 
 Section 4.10. Company’s and Trump Holdings’ Right to
Injunctive Relief. The Trump Parties acknowledge that the Company and Trump Holdings would be irreparably harmed and there would be no adequate remedy at law for Mr. Trump’s violation of the covenants or agreements contained
in Section 1.1 of this Agreement. The Trump Parties accordingly agree that, in addition to any other remedies available to the Company and Trump Holdings upon the breach by Mr. Trump of such covenants and agreements, the Company and
Trump Holdings shall have the right to obtain injunctive relief to restrain any breach or threatened breach of such covenants or agreements or otherwise to obtain specific performance of such covenants or agreement. 

[remainder of page left blank] 
  

 6 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed
as of the day and year first above written. 
  

			
	  

	Name:	 	Donald J. Trump
	
	  

	Name:	 	Ivanka Trump*
	
	TRUMP ENTERTAINMENT RESORTS, INC.
		
	By:	 	  

		 	 Name:

Title:

	
	 TRUMP ENTERTAINMENT RESORTS HOLDINGS, L.P.

		
	By:	 	 Trump Entertainment Resorts, Inc.

its general partner

		
	By:	 	  

		 	 Name:

Title:

  

	*	For the avoidance of doubt, the provisions of Section 1.1 shall not apply to Ms. Trump. 

 

 7

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