Document:

Exhibit 10.5

 

INTELLECTUAL PROPERTY SECURITY AGREEMENT

This
Intellectual Property Security Agreement is entered into as of October 9, 2006
by and between SILICON VALLEY BANK (“Secured Party”) and ITERIS, INC. (“Grantor”).

RECITALS

A.            Secured Party and Grantor are
entering into that certain Loan and Security Agreement of even date herewith
(as the same may be amended, modified or supplemented from time to time, the “Loan
Agreement”; capitalized terms used herein which are not defined, have the
meanings set forth in the Loan Agreement).

B.            Pursuant to the terms of the Loan
Agreement, Grantor has granted to Secured Party a security interest in all of
Grantor’s right, title and interest, whether presently existing or hereafter
acquired, in, to all Intellectual Property and all other Collateral.

NOW,
THEREFORE, as collateral security for the payment and performance when due of
all of the Obligations, Grantor hereby grants, represents, warrants, covenants
and agrees as follows:

AGREEMENT

1.             Grant
of Security Interest.  To secure all
of the Obligations, Grantor grants and pledges to Secured Party a security
interest in all of Grantor’s right, title and interest in, to and under its
Intellectual Property (as defined in the Loan Agreement), including without
limitation the following:

(a)           All of present and future United
States registered copyrights and copyright registrations, including, without
limitation, the registered copyrights, maskworks, software, computer programs
and other works of authorship subject to United States copyright protection
listed in Exhibit A-1 to this Agreement (and including all of the
exclusive rights afforded a copyright registrant in the United States under 17
U.S.C. §106 and any exclusive rights which
may in the future arise by act of Congress or otherwise) and all present and
future applications for copyright registrations (including applications for
copyright registrations of derivative works and compilations) (collectively,
the “Registered Copyrights”), and any and all royalties, payments, and other
amounts payable to Grantor in connection with the Registered Copyrights,
together with all renewals and extensions of the Registered Copyrights, the
right to recover for all past, present, and future infringements of the
Registered Copyrights, and all computer programs, computer databases, computer
program flow diagrams, source codes, object codes and all tangible property
embodying or incorporating the Registered Copyrights, and all other rights of
every kind whatsoever accruing thereunder or pertaining thereto.

(b)           All present and future copyrights,
maskworks, software, computer programs and other works of authorship subject to
(or capable of becoming subject to) United States copyright protection which
are not registered in the United States Copyright Office (the “Unregistered
Copyrights”), whether now owned or hereafter acquired, including without
limitation the Unregistered Copyrights listed in Exhibit A-2 to this
Agreement, and any and all royalties, payments, and other amounts payable to
Grantor in connection with the Unregistered Copyrights, together with all
renewals and extensions of the Unregistered Copyrights, the right to recover
for all past, present, and future infringements of the Unregistered Copyrights,
and all

 

computer programs, computer
databases, computer program flow diagrams, source codes, object codes and all
tangible property embodying or incorporating the Unregistered Copyrights, and
all other rights of every kind whatsoever accruing thereunder or pertaining
thereto.  The Registered Copyrights and
the Unregistered Copyrights collectively are referred to herein as the “Copyrights.”

(c)           All right, title and interest in and
to any and all present and future license agreements with respect to the
Copyrights.

(d)           All present and future accounts,
accounts receivable, royalties, and other rights to payment arising from, in
connection with or relating to the Copyrights.

(e)           All patents, patent applications and
like protections including, without limitation, improvements, divisions, continuations,
renewals, reissues, extensions and continuations-in-part of the same, including
without limitation the patents and patent applications set forth on Exhibit
B attached hereto (collectively, the “Patents”);

(f)            All trademark and servicemark rights,
whether registered or not, applications to register and registrations of the
same and like protections, and the entire goodwill of the business of Grantor
connected with and symbolized by such trademarks, including without limitation
those set forth on Exhibit C attached hereto (collectively, the “Trademarks”);

(g)           Any and all claims for damages by way
of past, present and future infringements of any of the rights included above,
with the right, but not the obligation, to sue for and collect such damages for
said use or infringement of the rights identified above;

(h)           All licenses or other rights to use
any of the Copyrights, Patents or Trademarks, and all license fees and
royalties arising from such use to the extent permitted by such license or
rights;

(i)            All amendments, extensions, renewals
and extensions of any of the Copyrights, Trademarks or Patents; and

(j)            All proceeds and products of the
foregoing, including without limitation all payments under insurance or any
indemnity or warranty payable in respect of any of the foregoing, and all
license royalties and proceeds of infringement suits, and all rights
corresponding to the foregoing throughout the world and all re-issues,
divisions continuations, renewals, extensions and continuations-in-part of the
foregoing.

2.             Loan
Agreement.  This security interest is
granted in conjunction with the security interest granted to Secured Party
under the Loan Agreement.  The rights and
remedies of Secured Party with respect to the security interest granted hereby
are in addition to those set forth in the Loan Agreement and the other Loan
Documents, and those which are now or hereafter available to Secured Party as a
matter of law or equity.  Each right,
power and remedy of Secured Party provided for herein or in the Loan Agreement
or any of the other Loan Documents, or now or hereafter existing at law or in
equity shall be cumulative and concurrent and shall be in addition to every
right, power or remedy provided for herein and the exercise by Secured Party of
any one

 

or more of the rights,
powers or remedies provided for in this Agreement, the Loan Agreement or any of
the other Loan Documents, or now or hereafter existing at law or in equity,
shall not preclude the simultaneous or later exercise by any person, including
Secured Party, of any or all other rights, powers or remedies.

3.             Covenants and Warranties.
Grantor represents, warrants, covenants and agrees as follows:

(a)           Grantor has no present maskworks,
software, computer programs and other works of authorship registered with the
United States Copyright Office except as disclosed on Exhibit A-1 hereto.

(b)           Grantor shall undertake all
reasonable measures to cause its employees, agents and independent contractors
to assign to Grantor all rights of authorship to any copyrighted material in
which Grantor has or may subsequently acquire any right or interest.

(c)           Grantor shall promptly advise Secured
Party of any Trademark, Patent or Copyright not specified in this Agreement,
which is hereafter acquired by Grantor.

(d)           Grantor shall not register any
maskworks, software, computer programs or other works of authorship subject to
United States copyright protection with the United States Copyright Office
without first complying with the following: 
(i) providing Secured Party with at least 15 days prior written notice
thereof, (ii) providing Secured Party with a copy of the application for any
such registration and (iii) executing and filing such other instruments, and
taking such further actions as Secured Party may reasonably request from time
to time to perfect or continue the perfection of Secured Party’s interest in
the Collateral, including without limitation the filing with the United States
Copyright Office, simultaneously with the filing by Grantor of the application
for any such registration, of a copy of this Agreement or a Supplement hereto
in form acceptable to Secured Party identifying the maskworks, software,
computer programs or other works of authorship being registered and confirming
the grant of a security interest therein in favor of Secured Party.

4.             General. If any action
relating to this Agreement is brought by either party hereto against the other
party, the prevailing party shall be entitled to recover reasonable attorneys
fees, costs and disbursements. This Agreement may be amended only by a written
instrument signed by both parties hereto. 
To the extent that any provision of this Agreement conflicts with any
provision of the Loan Agreement, the provision giving Secured Party greater
rights or remedies shall govern, it being understood that the purpose of this
Agreement is to add to, and not detract from, the rights granted to Secured
Party under the Loan Agreement.  This
Agreement, the Loan Agreement, and the other Loan Documents comprise the entire
agreement of the parties with respect to the matters addressed in this
Agreement. This Agreement shall be governed by the laws of the State of
California, without regard for choice of law provisions. Grantor and Secured
Party consent to the nonexclusive jurisdiction of any state or federal court
located in Santa Clara County, California.

 

5.             WAIVER
OF RIGHT TO JURY TRIAL.  SECURED PARTY AND GRANTOR
EACH HEREBY WAIVE THE RIGHT TO TRIAL BY JURY IN ANY ACTION OR PROCEEDING BASED
UPON, ARISING OUT OF, OR IN ANY WAY RELATING TO: (I) THIS AGREEMENT; OR
(II)  ANY OTHER PRESENT OR FUTURE
INSTRUMENT OR AGREEMENT BETWEEN SECURED PARTY AND GRANTOR; OR (III) ANY
CONDUCT, ACTS OR OMISSIONS OF SECURED PARTY OR GRANTOR OR ANY OF THEIR
DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, 
ATTORNEYS OR ANY OTHER PERSONS AFFILIATED WITH SECURED PARTY OR GRANTOR;
IN EACH OF THE FOREGOING CASES, WHETHER SOUNDING IN CONTRACT OR TORT OR
OTHERWISE.

IN
WITNESS WHEREOF, the parties have cause this Intellectual Property Security
Agreement to be duly executed by its officers thereunto duly authorized as of
the first date written above.

	
  Address of Grantor: 

  	
   

  	
  Grantor: 

  
	
   

  	
   

  	
   

  
	
  1515 South
  Manchester Avenue

  	
   

  	
  ITERIS, INC.

  
	
  Anaheim,
  California 92892

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   /S/ JAMES S. MIELE 

  	
   

  
	
   

  	
   

  	
  Title:

  	
  CFO 

  	
   

  
	
   

  	
   

  	
  Name:

  	
  James S. Miele

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Address of
  Secured Party: 

  	
   

  	
  Secured Party: 

  
	
   

  	
   

  	
   

  
	
  3003 Tasman
  Drive 

  	
   

  	
  SILICON VALLEY BANK 

  
	
  Santa Clara,
  California 95054

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   /S/ DEREK BRUNELLE 

  	
   

  
	
   

  	
   

  	
  Title:

  	
  Derek Brunelle,
  Vice PresidentExhibit 10.1

EXECUTIVE
EMPLOYMENT AGREEMENT

THIS EMPLOYMENT AGREEMENT (this “Agreement”)
is made and entered into as of this first day of January 2006 (the “Effective
Date”), by and among VIRGIN RIVER CASINO CORPORATION, a Nevada corporation,
RBG, LLC, a Nevada limited liability company, and CASABLANCA RESORTS, LLC, a
Nevada limited liability company (collectively, the “Company”), and Curt Mayer
(the “Executive”).

RECITALS

WHEREAS, the Company desires to employ the
Executive on the terms and conditions set forth herein; and

WHEREAS, the Executive desires to accept
employment with the Company on the terms and conditions set forth herein.

NOW, THEREFORE, in consideration of the
promises and mutual covenants contained herein and for other good and valuable
consideration, the Company and the Executive (each a “Party” and
collectively the “Parties”) agree that the foregoing recitals are
true and as follows:

AGREEMENT

1.             DEFINITIONS: In addition to certain terms defined
elsewhere in this Agreement, the following terms shall have the following
respective meanings:

1.1           “Affiliate”
shall mean any Person who controls, is controlled by, or is under common
control with the Company.

1.2           “Annual
Review” shall have the meaning as provided in Section 3.1.

1.3           “Base
Salary” shall have the meaning as provided in Section 3.1.

1.4           “Buyout
Payment” shall have the meaning as provided in Section 7.

1.5           “Cause”
shall mean that the Executive:

(a)           has been formally charged with or
convicted of any felony, including any crime involving fraud, theft,
embezzlement, dishonesty or moral turpitude during the Term;

(b)           has been found unsuitable to hold a
gaming license by a Gaming Authority;

(c)           has failed to abide by the Company’s
policies and procedures that are reasonably and consistently enforced;

(d)           has engaged in misconduct, failed to
follow a reasonable directive, including any reasonable directive given by the
Board, or engaged in material inattention to the Company’s business;

 

(e)           has failed to perform the duties
required of the Executive up to the standards established by the Company;

(f)            has materially breached this
Agreement;

(g)           has engaged in acts or omissions that
constitute gross negligence or willful misconduct resulting, in either case, in
material economic harm to the Company; or

(h)           has engaged in excessive absenteeism.

1.6           “Change
in Control” shall be deemed to have occurred if (a) there is a sale or
exchange of outstanding stock of any class, as applicable, or membership
interest in the Company to a third party, the result of which leaves the
Existing Majority Equity Holder with less than 50% of the beneficial ownership
in the surviving entity(ies); (b) there is a sale of all or substantially all
of the assets of the Company; or (c) Robert R. Black, Sr. is no longer the Chief
Executive Officer or equivalent of the Company as a going gaming concern. For
purposes of this Section 1.6, “beneficial ownership” shall have the same
meaning as defined in Rules 13d-13d-5 under the Securities Exchange Act of
1934, as amended, except that a Person shall be deemed to have “beneficial
ownership” of all shares or membership interest that any such Person has the
right to acquire, whether such right is immediately exercisable or only after
the passage of time.

1.7           “Company
Property” shall mean all items and materials that are created, compiled,
existing, or received by the Company during the course of the Executive’s
employment with the Company, all items and materials provided by the Company to
the Executive, or to which the Executive has access, in the course of his
employment, including, without limitation, all files, records, documents,
drawings, specifications, memoranda, notes,
reports, manuals, equipment, computer disks, videotapes, drawings, blueprints, other similar items
relating to or emanating from the Company, its Affiliates or their respective
customers, whether prepared by the Executive or others, and any and all copies,
abstracts and summaries thereof.

1.8           “Competing
Business” shall mean any Person engaged in the gaming industry that
directly or through an Affiliate conducts its gaming business within the
Restricted Area.

1.9           “Confidential
Information” shall
mean all nonpublic and/or proprietary information respecting the business of
the Company or any Affiliate, including, without limitation, its patrons,
customer lists, products, programs, projects, promotions, marketing plans and
strategies, business plans or practices, business operations, employees,
invitees, research and development products or information, intellectual property,
software, databases, trademarks, pricing information and accounting and
financing data. Confidential Information also shall include information
concerning the Company’s or any Affiliate’s customers, such as their identity,
address, preferences, playing patterns and ratings or any other information
kept by the Company or any Affiliate concerning its customers regardless of
whether such information has been reduced to documentary or tangible form.
Confidential Information does not include information that is, or becomes,
available to the general public unless such availability occurs through an
unauthorized act on the part of the Executive.

1.10         “Disability”
shall mean a physical or mental incapacity that occurs during the Term that
prevents the Executive from performing, with reasonable accommodation, the
essential functions of his position with the Company for a minimum period of
ninety (90) days. In the Event of Disability, the Executive hereby agrees to
submit to medical examinations by a licensed healthcare professional selected
by the Company, in its sole discretion, to determine whether a Disability
exists. In addition, the Executive may submit to the Company documentation of a
Disability, or lack thereof, from a licensed healthcare professional of his
choice. Following a determination of a Disability or lack of Disability by the 

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Company’s or the Executive’s licensed healthcare
professional, the other Party may submit subsequent documentation relating to
the existence of a Disability from a licensed healthcare professional selected
by such other Party. In the event that the medical opinions of such licensed
healthcare professionals conflict, such licensed healthcare professionals shall
appoint a third licensed healthcare professional to examine the Executive, and
the opinion of such third licensed healthcare professional shall be
dispositive.

1.11         “Existing
Majority Equity Holder” shall mean Robert R. Black, Sr.

1.12         “Gaming
Authorities” shall mean the federal, state and local governmental,
regulatory and administrative authorities, agencies, boards and officials
responsible for or involved in the regulation of gaming or gaming activities in
any jurisdiction and, within the State of Nevada, specifically, the Nevada
Gaming Commission and the Nevada State Gaming Control Board.

1.13         “Good
Reason” shall mean and exist if, without the Executive’s prior written
consent, one or more of the following events occurs:

(a)           the
Executive is given or is assigned significant duties or responsibilities that
are inconsistent, in any material respect, with the position of Chief Financial
Officer;

(b)           the
Executive is required to relocate from, or maintain his principal office
outside of, Clark County, Nevada;

(c)           the
Company fails to agree to or to actually indemnify the Executive for his
actions and/or inactions, as either a director or an officer of the Company, in
accordance with Nevada law and specifically NRS Chapter 78 and NRS Chapter 86,
as applicable, and/or the Company fails to maintain commercially reasonable levels
of directors’ and officers’ liability insurance coverage for the Executive when
such insurance is available.

1.14         “Long
Term Incentive Awards” shall have the meaning as provided in the Long Term
Incentive Plan.

1.15         “Long
Term Incentive Plan” or “LTIP” shall mean the long term incentive
plan as that plan is eventually formulated and implemented by the Company.

1.16         “Membership
Interest” shall mean the membership interest held by any member of the
Company.

1.17         “NRS”
shall mean the Nevada Revised Statutes, as amended.

1.18         “Person”
shall mean a natural person, any form of business and any other
non-governmental legal entity including, but not limited to, a corporation,
partnership, trust, or limited liability company.

1.19         “Restricted
Area” shall mean the area within a 25 mile radius of any casino operated by
the Company or any of its affiliates or within a 25 mile radius of any site for
which the Company or any of its affiliates has applied for a gaming license
during the Restriction Period.

1.20         “Restriction
Period” shall mean the period expiring at 11:59 p.m. on that date
immediately preceding the two (2) year anniversary of the effective date of (a)
the termination of this Agreement by the Company for Cause; or (b) the
termination of this Agreement by the Executive without 

 3
 

 

Good Reason. Provided that the Restriction Period
shall be one hundred eighty (180) days in the event that Executive is
terminated by the Company Without Cause pursuant to Section 6.3.

1.21         “Term”
shall have the meaning as provided in Section 2.2.

1.22         “Voting
Stock” shall mean capital stock of any class or classes having general
voting power under ordinary circumstances, in the absence of contingencies, to
elect the directors of a corporation.

2.             TERM; POSITION AND RESPONSIBILITIES.

2.1           Employment
Accepted. The Company hereby employs the Executive, and the Executive
hereby accepts employment with the Company, for the Term, in the position and
with the responsibilities set forth in Section 2.3 and upon such other terms
and conditions as are stated in this Agreement.

2.2           Term.
This Agreement shall be for a term of three (3) years commencing on the
Effective Date and expiring at 11:59 p.m. on that date immediately preceding
the three (3) year anniversary of the Effective Date, unless earlier terminated
as provided herein (the “Term”).

2.3           Responsibilities.
During the Term, the Executive shall be employed as Chief Financial Officer of
the Company and shall have such responsibilities as are commensurate with the
title of Chief Financial Officer. During the Term, the Executive shall devote
his full time and attention to the business and affairs of the Company and
shall use commercially reasonable efforts, skills and abilities to promote the
Company’s interests. Anything set forth herein to the contrary notwithstanding,
the Executive shall not be precluded from engaging in charitable and community
affairs and managing his personal investments.

3.             COMPENSATION.

3.1           Base
Salary. During the Term, the Executive shall be entitled to a base salary
(the “Base Salary”) payable no less frequently than in equal
bi-weekly installments (each, an “Installment”) at an annualized
rate of TWO HUNDRED TWELVE THOUSAND DOLLARS ($212,000.00). During the Term, the
Base Salary shall be reviewed annually for increase (but not decrease) by the
Company, and any such increase shall be at the sole discretion of the Company.
In conducting such annual review (the “Annual Review”), the Company
shall take into account any change in the Executive’s responsibilities,
increases in the compensation of other executives of the Company or of any
Affiliate (or of any competitor(s) of either or both), the performance of the
Executive and/or any other pertinent factors. if an increase is approved by the
Company, then such increased Base Salary shall then constitute the Executive’s “Base
Salary” for purposes of this Agreement.

3.2           Bonus.
In addition to the Base Salary, Executive shall be entitled to an Annual
Calendar Year Bonus of ONE HUNDRED THOUSAND ($100,000.00) (“Bonus”). The Bonus
shall be paid no later than February 28 of the subsequent year in which the
Bonus was earned.

3.3           LTIP.
The Executive is eligible to participate in the LTIP as it is eventually
formulated and implemented by the Company.

4.             PENSION AND WELFARE BENEFIT PLANS AND OTHER PLANS.
Beginning on the Effective Date, the Executive shall be entitled to participate
in all employee benefit programs and plans, consistent with the terms of such
programs and plans, made available to the Company’s executives or salaried
employees generally, as such programs may be in effect from time to time.
Provided that, in the 

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event the Company implements
an Annual Incentive Plan, (AIP), Executive shall not participate in the AIP in
any manner.

5.             BUSINESS EXPENSE REIMBURSEMENT AND PERQUISITES.

5.1           Expense
Reimbursement. During the Term, and in accordance with applicable company
policies, the Executive shall be entitled to receive reimbursement by the
Company for all reasonable out-of-pocket expenses incurred by him in performing
services under this Agreement and in relation to the Company, subject to
providing reasonable documentation of such expenses.

5.2           Perquisites.
During the Term, the Executive also shall be entitled to any of the Company’s executive perquisites in accordance with the terms and
provisions of the applicable policies. Executive shall be entitled to
participate in all PTO and Vacation programs, consistent with the terms of such
programs, made available to the Company’s executives or salaried employees
generally, as such programs may be in effect from time to time.

6.             TERMINATION OF EMPLOYMENT.

6.1           Termination
Due to Death or Disability. The Executive’s employment shall be terminated
immediately in the event of his death or Disability. In the event of a
termination due to the Executive’s death or Disability, the Executive or his
estate, as applicable, shall be entitled, in lieu of any other compensation
whatsoever, to the following:

(a)           any
earned and non-paid Installment of Base Salary at the rate in effect at the
time of his termination through the date of death;

(b)           reimbursement
of expenses incurred but not paid prior to such termination of employment;

(c)           such
rights to other benefits as may be provided in applicable plans and programs of
the Company, according to the terms and provisions of such plans and programs;

(d)           all
target compensation associated with the LTIP calculated pro rata for the
portion of the fiscal year prior to the Executive’s death or Disability; and

(e)           all
accrued but unpaid bonus prior to the date of the Executive’s death or
Disability.

6.2           Termination
by the Company for Cause. The Company may terminate the Executive’s
employment for Cause at any time during the Term by giving written notice to
the Executive of the Company’s intention to terminate his employment for Cause.
Such written notice shall describe with reasonable specificity (a) the
particular act, acts, or omission that provides the basis of the Company’s
termination of the Executive for Cause; and (b) one or more reasonable and
acceptable remedy(ies) for such act, acts or omission. Unless the Company, in
good faith, reasonably determines that the Executive’s act, acts, or omission
is incapable of correction, which may include but are not limited to those acts
set forth 1.5 above, the Executive shall be given thirty (30) calendar days
from the receipt of such notice to cure such act, acts, or omission as stated
in the notice. During such cure period, the Executive shall be given the
reasonable opportunity to meet with the Existing Majority Equity Holder to
defend such act, acts, or omission. During such cure period, the Executive
shall continue to be paid his Base Salary. If after thirty (30) calendar days,
in the sole discretion of the Company, the Executive is unable to cure such
act, acts, or omission that was the written basis for termination by the
Company for Cause, then the Executive’s employment with the Company
automatically shall be terminated under this Subsection 6.2 

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for Cause. In the event of a termination for Cause,
the Executive shall be entitled, in lieu of any other compensation and benefits
whatsoever, to the following:

(a)           any
earned and non-paid Installment of Base Salary at the rate in effect at the
time of his termination through the date of termination of employment;

(b)           reimbursement
of expenses incurred but not paid prior to such termination of employment; and

(c)           such
rights to other benefits (except for Bonus) as may be provided in applicable
plans and programs of the Company, according to the terms and conditions of such
plans and programs.

Notwithstanding the foregoing, the Company
may immediately terminate the Executive for Cause, and there shall be no cure
period if the Executive is unable to perform the essential functions of his job
for a period of ninety (90) consecutive days.

6.3           Termination
by the Company Without Cause. Notwithstanding any other provision of this
Agreement, the Company may terminate the Executive’s employment without Cause,
other than due to death or Disability, at any time during the Term by giving
thirty (30) days’ written notice to the Executive or payment in lieu of notice.
In the event that the Company terminates the Executive’s employment without
Cause and subject to Section 7 hereof, the Executive shall be subject to and
shall be entitled, in lieu of any other compensation and benefits whatsoever,
to:

(a)           in
addition to any earned and non-paid Installment of Base Salary at the rate in
effect at the time of his termination through the date of termination of
employment, an amount equal to either: forty percent (40%) of Executive’s Base
Salary in effect at the time of termination and forty percent (40%) of a pro
rata portion of the Bonus or the balance of Base Salary still unpaid for the
remaining Term of this Agreement plus the applicable amount of the Bonus,
whichever is smaller.

(1)           one hundred percent (100%) of the
foregoing payment (set out in Section 6.3(a)) shall be made by the Company to
the Executive in a lump sum upon satisfaction of the conditions set forth in
Section 8.3;

(b)           reimbursement
for expenses incurred but no paid prior to such termination of employment.

(c)           such
rights to other benefits as may be provided in applicable plans and programs of
the Company, according to the terms and conditions of such plans and programs;
and

(d)           Executive
shall be subject to the Restriction Area and the Restricted Period provision
set forth herein in Sections 1.19 and 1.20 respectively.

6.4           Termination
by the Executive for Good Reason. The Executive may terminate his
employment for Good Reason by giving written notice to the Company of the
Executive’s intention to terminate his employment for Good Reason. Such written
notice shall describe with reasonable specificity (a) the particular act, acts,
or omission that provides the basis for the Executive’s termination for Good
Reason; and (b) one or more reasonable and acceptable remedy(ies) for such act,
acts or omission. The Company shall be given thirty (30) calendar days from the
receipt of such notice to cure such act, acts, or omission as stated in the
foregoing notice. During such cure period, the Executive shall continue to
perform as set forth herein. If after thirty (30) calendar days, the Company is
unable to cure such act, acts, or omission that was the written basis for
termination by the Executive for Good Reason the Executive 

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shall terminate his employment with the Company under
this Section 6.4. In the event of a termination for Good Reason and
subject to Section 7 hereof,
the Executive shall be entitled, in lieu of any other compensation and benefits
whatsoever, to the following:

(a)           any
earned and non-paid Installment of Base Salary at the rate in effect at the
time of his termination through the date of termination of employment. One
hundred percent (100%) of the foregoing payment shall be made by the Company to
the Executive in a lump sum upon satisfaction of the conditions set forth in
Section 8.3;

(b)           reimbursement
for expenses incurred but not paid prior to such termination of employment;

(c)           such
rights to other benefits (except for Bonus) as may be provided in applicable
plans and programs of the Company, according to the terms and conditions of
such plans and programs; and

6.5           Termination
by the Executive Without Good Reason. The Executive may terminate his
employment on his own initiative at any time and for any reason upon thirty
(30) days’ prior written notice to the Company. In the event of a termination
without Good Reason, the Executive shall be entitled, in lieu of any other
compensation and benefits whatsoever, to the following:

(a)           any
earned and non-paid Installment of Base Salary at the rate in effect at the
time of his termination through the date of termination of employment;

(b)           reimbursement
of expenses incurred but not paid prior to such termination of employment; and

(c)           Executive
shall be subject to the Restriction Area and the Restricted Period provisions
set forth herein in Sections 1.19 and 1.20 respectively.

6.6           Expiration.
Upon expiration of the Term, the Executive shall not be entitled to any
additional compensation after the expiration thereof, but such termination of
employment shall not otherwise affect accrued but unpaid compensation,
benefits, bonus, or otherwise provided under this Agreement or pursuant to any
Company plan or program.

7.             CHANGE IN CONTROL; BUY-OUT OPTION.

7.1           Buyout
Termination. The Company shall give the Executive at least ninety (90)
calendar days’ notice of any pending Change in Control. Within thirty (30)
calendar days of receiving notice of a pending Change in Control, the Executive
shall have the option, in his sole and absolute discretion, to terminate this
Agreement by delivering written notice to the Company (“Buy-Out
Termination”). A Buy-Out Termination pursuant to this Section 7 shall be
effective upon the consummation, or closing, of the transaction(s) that will
result in the Change in Control.

7.2           Buyout
Payment. Upon a Buyout Termination pursuant to this Section 7, the
Executive shall be entitled to all earned but unpaid Base Salary and all
accrued but unpaid benefits, bonus, or otherwise provided under this Agreement
or pursuant to any Company plan or program. In addition to the foregoing, the
Company shall pay the Executive a Buyout Payment in an amount equal to the
annual Base Salary plus an amount equal to the Annual Calendar Year Bonus. One
hundred percent (100%) of the foregoing payment shall be made by the Company to
the Executive in a lump sum upon satisfaction of the conditions set forth in
Section 8.3.

 7
 

 

8.             CONDITIONS TO PAYMENTS UPON TERMINATION.

8.1           Timing
of Payments. Unless otherwise provided herein, any payments to which the
Executive shall be entitled pursuant to Sections 6 (excluding Section 6.2) and
7 shall be payable upon the satisfaction of the conditions set forth in
Subsection 8.3.

8.2           No
Mitigation; No Offset. Notwithstanding any contrary provision contained
herein, so long as the Executives employment terminates in accordance with
Sections 6 or 7 of this Agreement, the exclusive remedies available to the
Executive shall be the amounts due under Section 6 or 7, which are in the
nature of severance payments, or liquidated damages, or both, and are not in
the nature of a penalty. The Executive shall have no duty to mitigate, and
there shall be no offset against amounts due to the Executive on account of any
remuneration attributable to any subsequent employment that the Executive may
obtain after termination of this Agreement. In the event of a termination of
this Agreement, neither Party shall publish in any way or make any negative
comment or statement about the other Party or concerning the reasons for such
termination. The provisions of this Subsection 8.2 shall survive the expiration
or earlier termination of this Agreement.

8.3           General
Release. No payments or benefits payable to the Executive upon the termination
of his employment pursuant to Section 6 or 7 of this Agreement shall be made to
the Executive unless and until he executes a general release substantially in
the form attached hereto as Exhibit “A”.

8.4           Compliance
with the Agreement. Payments or benefits payable to the Executive upon the termination of his employment pursuant to Sections 6 or 7 of this Agreement
shall be made by the Company to the Executive in reliance upon the Executive’s
compliance with any material, post-employment obligation contained in this
Agreement, including, without limitation, those obligations contained in
Sections 10 and 11 of this Agreement.

8.5           Continuing Obligations of the Executive. No act or omission by the Executive in breach of this Agreement,
including, without limitation, his failure to execute the general release,
shall be deemed to permit the Executive to forego or waive such payments in
order to avoid his obligations under Section 10 and 11 of this Agreement.

9.             INDEMNIFICATION. The Company agrees that if the Executive
is made a party or is threatened to be made a party to any action, suit or
proceeding, whether civil, criminal, administrative or investigative (an “Indemnifiable
Action”), by reason of the fact that he is or was a director or
officer of the Company or is or was serving at the request of the Company as a
director, officer, member, employee or agent of another corporation or of a
partnership, joint venture, trust or other enterprise, including service with
respect to employee benefit plans, regardless of whether the basis of such
Indemnifiable Action is alleged action in an official capacity as a director,
officer, member, employee or agent, he shall be indemnified and held harmless
by the Company to the fullest extent permitted by Nevada law and the Company’s
by-laws and operating agreements, as applicable, as the same exist or may
hereafter be amended (but, in the case of any such amendment to the Company’s
by-laws and/or operating agreement(s), only to the extent such amendment
permits the Company to provide broader indemnification rights than the Company’s
by-laws and/or operating agreement(s) permitted the Company to provide before
such amendment), against all expense, liability and loss (including, without
limitation, attorneys’ fees, costs, judgments, fines, and amounts paid or to be
paid in settlement) reasonably incurred or suffered by the Executive in
connection therewith.

 8
 

 

10.           NON-SOLICITATION AND NON-DISCLOSURE.

10.1         General.
The Parties understand and agree that the purpose of the restrictions contained
in this Section 10 is to protect the goodwill and other legitimate business
interests of the Company, and that the Company would not have entered into this
Agreement in the absence of such restrictions. The Executive acknowledges and
agrees that the restrictions are reasonable and do not, and will not, unduly
impair his ability to make a living after the termination of his employment
with the Company.

10.2         Non-Solicitation.
In consideration for this Agreement to employ the Executive and the other
valuable consideration provided for hereunder, the Executive warrants and
covenants that during the Term and/or during the Restriction Period, if
applicable, that Executive shall not unless acting on behalf of the Company or
on behalf of any Affiliate, directly or indirectly, for himself or any third
party, or alone or as a member of a partnership, or as an officer, director,
shareholder or otherwise:

(a)           call
on, solicit, induce to leave and/or take away, or attempt to call on, solicit,
induce to leave and/or take away, any of the customers of the Company, either
for Executive’s own account or for any third party;

(b)           call
on, solicit and/or take away, any potential or prospective customer of the
Company, on whom the Executive called or with whom Executive became acquainted
during employment (either before or during the Term), either for Executive’s
own account or for any third party; and/or

(c)           approach
or solicit any employee or independent contractor of the Company with a view
towards enticing such person to leave the employ or service of the Company, or
hire or contract with any employee or independent contractor of the Company,
without the prior written consent of the Company, such consent to be within the
Company’s sole and absolute discretion.

10.3         Non-Compete.
In consideration for this Agreement to employ the Executive and the other
valuable consideration provided for hereunder, the Executive warrants and
covenants that during the Term, Executive shall not accept any position or
affiliation with, or render any services to any Competing Business. Further,
Executive warrants and covenants that Executive, during the Restriction Period,
if applicable, shall not accept any position or affiliation with, or render any
services to any Competing Business within the Restricted Area.

10.4         Non-Disclosure.
In consideration for this Agreement to employ the Executive and the other
valuable consideration provided for hereunder, the Executive warrants and
covenants that Executive shall not engage in the following acts:

(a)           make
known to any third party the names and addresses of any of the customers of the
Company, or any other information pertaining to those customers; and/or

(b)           make
known to any third party any Confidential Information.

10.5         Survival.
The Executive agrees that the provisions of this Section 10 shall survive the
termination of this Agreement by the Company for Cause or by the Executive
without Good Reason.

 9
 

 

11.           CONFIDENTIAL INFORMATION AND COMPANY PROPERTY.

11.1         Confidential
Information.  The Executive
understands and acknowledges that Confidential Information constitutes a
valuable asset of the Company and its Affiliates and may not be converted to
the Executive’s own or any third party’s use by the Executive. Accordingly, the
Executive hereby agrees that he shall not directly or indirectly, during the
Term or any time thereafter, disclose any Confidential Information
intentionally to any Person not authorized by the Company to receive such
Confidential Information. The Executive further agrees that he shall not
directly or indirectly, during the Term or any time thereafter, use or make use
of any Confidential Information in connection with any business activity other
than that of the Company. The Parties acknowledge and agree that this Agreement
is not intended to, and does not, alter either the Company’s rights or the
Executive’s obligations under any applicable laws regarding trade secrets and
unfair trade practices.

11.2         Company
Property.  All Company Property is
and shall remain exclusively the property of the Company. Unless authorized in
writing to the contrary, the Executive promptly shall deliver to the Company
upon termination or expiration of this Agreement, or at any other time the
Company reasonably may so request, all Company Property that the Executive has
in his possession.

11.3         Required
Disclosure. in the event the Executive is required by law or court order to
disclose any Confidential Information or to produce any Company Property, the
Executive promptly shall notify the Company of such requirement and provide the
Company with a copy of any court order or of any law that requires such
disclosure and, if the Company so elects, to the extent permitted by law, give
the Company an adequate opportunity, at its own expense, to contest such law or
court order prior to any such required disclosure or production by the
Executive.

11.4         Survival.  The Executive agrees that the provisions of
this Section 11 shall survive the termination of this Agreement.

12.           MUTUAL ARBITRATION AGREEMENT. Except for disputes relating
to Worker’s Compensation claims of the Executive, any and all disputes that may
arise between the Parties, which shall include but are not limited to any
employment related claim whether based on statute or common law and/or disputes
relating to this Agreement, shall be resolved by arbitration administered by
the American Arbitration Association under its National Rules for Resolution of
Employment Disputes or other applicable rules or as otherwise mutually agreed
to by the Parties. Any arbitration under this paragraph shall take place in Las
Vegas, Nevada and shall be governed by the procedural and substantive law of
Nevada. However, nothing herein shall preclude or prohibit the Company or the
Executive from seeking or obtaining injunctive relief in court.

13.           NOTICES. All notices, demands and requests required or
permitted to be given to either Party under this Agreement shall be in writing
and shall be deemed to have been given when delivered personally or sent by
certified or registered mail, postage prepaid, return receipt requested, duly
addressed to the Party concerned at the address indicated below or to such
changed address of which such Party may subsequently give written notice:

	
  If to the
  Company:

  	
   

  	
  CasaBlanca Resorts

  
	
   

  	
   

  	
  Attn. Mr. Robert R. Black, Sr.

  
	
   

  	
   

  	
  911 North Buffalo, Suite 201

  
	
   

  	
   

  	
  Las Vegas, Nevada 89128

  

 

 10
 

 

 

	
  

  	
  With a copy to:

  	
   

  	
  Black, LoBello & Pitegoff

  
	
   

  	
   

  	
  Attn. Tisha Black-Chernine, Esq.

  
	
   

  	
   

  	
  6885 West Charleston Boulevard

  
	
   

  	
   

  	
  Las Vegas, Nevada 89117

  
	
   

  	
   

  	
   

  
	
   

  	
  If to the Executive:

  	
   

  	
  Mr. Curt Mayer

  
	
   

  	
   

  	
  5820 El Capitan Way

  
	
   

  	
   

  	
  Las Vegas, NV 89149

  

 

14.           ASSIGNMENT. Executive understands that his employment, or
continued employment, is consideration for the Non-Competition, Non-Disclosure
and Non-Solicitation Covenants contained herein in Section 10 of this
Agreement. Executive also understands and agrees that in consideration of the
payment of ONE HUNDRED DOLLARS ($100.00), which Executive has received upon
execution of this Agreement, the Non-Competition Covenants in Section 10 of
this Agreement shall be assignable by Company as set forth herein. Further, it
is understood that the Executive may not assign any rights under this
Agreement.

15.           BENEFICIARIES/REFERENCES. The Executive shall be entitled
to select a beneficiary or beneficiaries to receive any compensation or benefit
payable hereunder following the Executive’s death and may change such election
by giving the Company written notice thereof pursuant to this Agreement. In the
event of the Executive’s death or a judicial determination of his incompetence,
reference in this Agreement to the Executive shall be deemed, where
appropriate, to refer to his beneficiaries, estate or other legal
representative.

16.           SURVIVORSHIP. The respective rights and obligations of the
Parties hereunder shall survive the expiration or earlier termination of this
Agreement to the extent necessary to the intended preservation of such rights
and obligations. The provisions of this Section 16 are in addition to the survivorship
provisions of any other section of this Agreement.

17.           REPRESENTATIONS AND WARRANTIES OF THE EXECUTIVE. The
Executive hereby represents and warrants that he has the full legal capacity to
enter into this Agreement and that there is no agreement to which he is a party
or beneficiary that would prevent, contravene or otherwise adversely impact the
Executive’s ability to comply with the terms and obligations set forth herein.

18.           REPRESENTATIONS AND WARRANTIES OF THE COMPANY.  The Company hereby represents and warrants to
the Executive that there is no agreement to which it is a party or beneficiary
that would prevent, contravene or otherwise adversely impact the Company’s
ability to comply with the terms and obligations set forth herein. As of the
Effective Date, the Company further represents and warrants to the Executive
that upon execution of this Agreement, this Agreement shall become a binding
obligation of the Company and shall be enforceable against it in accordance
with its terms, except as may be limited by laws generally affecting the
enforcement of contracts. The Company further represents and warrants that the
Company is comprised of two limited liability companies and a corporation, duly
organized and incorporated, respectively, validly existing and in good standing
under the laws of the State of Nevada and are duly qualified and in good
standing in such other jurisdictions wherein the nature of the business
transacted by it or them or property owned by it or them makes such
qualification necessary. The Company has the valid limited liability company
power and corporate power to enter into and perform all of its obligations
under this Agreement, and this Agreement has been authorized by all necessary
limited liability company action and corporate action.

 11
 

 

19.           ENTIRE AGREEMENT. This Agreement contains the entire
agreement between the Parties concerning the subject matter hereof and
supersedes all prior agreements, understandings, discussions, negotiations and
undertakings, whether written or oral, express or implied, between the Parties
with respect hereto. No representations, inducements, promises or agreements
that are not set forth herein shall be of any force or effect.

20.           ASSIGNABILITY; BINDING NATURE. This Agreement shall be
binding upon and inure to the benefit of the parties and their respective
successors, heirs and assigns; provided, however, that no rights or obligations
of the Executive under this Agreement may be assigned or transferred by the
Executive, other than rights to compensation and benefits hereunder, that may
be transferred only by will or operation of law and subject to the limitations
of this Agreement.

21.           AMENDMENT OR WAIVER. No provision in this Agreement may be
amended or waived unless such amendment or waiver is agreed to in writing,
signed by both Parties. No waiver by one Party of any breach by the other Party
of any condition or provision of this Agreement to be performed by such other
Party shall be deemed a waiver of a similar or dissimilar condition or provision
at the same or any prior or subsequent time.

22.           SEVERABILITY. In the event that any provision or portion
of this Agreement, except Section 6, Section 7 and Section 10, shall be
determined to be invalid or unenforceable for any reason, in whole or in part,
the remaining provisions of this Agreement shall be unaffected thereby and
shall remain in full force and effect to the
fullest extent permitted
by law. If Section 6, Section 7 or
Section 10 is determined to be invalid or unenforceable for any reason,
in whole or in part, either Party may terminate this Agreement without further
obligations or duties hereunder.

23.           GOVERNING LAW. To the extent not otherwise expressly
stated herein, any and all dispute resolution shall be governed by and
construed and interpreted in accordance with the procedural and substantive
laws of the State of Nevada without reference to the principles of conflict of
laws thereof.

24.           HEADINGS. The headings
of the sections and subsections contained
in this Agreement are for
convenience only and shall not be deemed to control or affect the meaning or
construction of any provision of this Agreement.

25.           COUNTERPARTS. This Agreement may be executed in
counterparts, including facsimile counterparts, each of which shall be deemed
an original and all of which shall constitute one and the same Agreement with
the same effect as if all Parties had signed the same signature page. Any
signature page of this Agreement may be detached from any counterpart of this
Agreement and reattached to any other counterpart of this Agreement identical
in form hereto but having attached to it one or more additional signature pages

26.           ACKNOWLEDGMENT. The Executive represents and acknowledges
that he has carefully read this Agreement in its entirety, understands the
terms and conditions contained herein, has had the opportunity to review this
Agreement with legal counsel of his own choosing and has not relied on any
statements made by the Company or its legal counsel as to the meaning of any
term or condition contained herein or in deciding whether to enter into this
Agreement, and is entering into this Agreement knowingly and voluntarily.

27.           ATTORNEYS’ FEES. In the event an action, claim or suit is
brought to enforce the terms of this Agreement or to collect damages claimed as
a result of a breach of this Agreement, the prevailing party shall be entitled
to recover its reasonable attorneys’ fees, costs and all other expenses
reasonably associated with the enforcement of this Agreement.

 12
 

 

28.           GAMING INVESTIGATION. In the event the Executive is
required to apply for and obtain any license, permit, approval, authorization,
registration, finding of suitability, or otherwise from any Gaming Authority
necessary for the conduct of the Executive’s business on behalf of the Company
(collectively, the “Approvals”), then the Company shall pay all costs
and expenses of any nature whatsoever, including reasonable attorneys’ fees, in
connection with such Approvals, including, without limitation, any costs and
expenses of any nature whatsoever associated with the investigation of the
Executive by any Gaming Authority.

29.           TOLLING; In the event Executive breaches any of the
covenants contained herein and Company seeks compliance with those covenants by
judicial proceedings, the time periods during which Executive is restricted by
said covenants shall be extended by the time during which the Executive is
found by a court of competent jurisdiction to have been in breach of said
covenants.

30.           LIMITATION OF RESTRICTIONS. It is the intention of the
parties hereto that the potential restrictions on Executive’s future employment
and communications imposed by sections 10 and 11 of this Agreement be
reasonable in both duration and geographic scope and in all other respects. If
for any reason any court of competent jurisdiction shall find any of the
provisions of sections 10 and 11 unreasonable in duration or geographic scope
or otherwise, the parties agree that the restrictions and prohibitions
contained therein shall be reduced or limited so as to be effective to the
fullest extent allowable under applicable law.

[Signatures appear on the following
page.]

 13
 

 

IN WITNESS WHEREOF the Parties have executed
this Agreement as of the Effective Date.

	
  COMPANY

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Virgin River Casino Corporation,

  	
  CasaBlanca Resorts, LLC,

  
	
  a Nevada
  corporation

  	
  a Nevada limited
  liability company

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  Robert “Randy” Black, Sr.

  	
  By:

  	
  Robert “Randy” Black, Sr.

  
	
  Its:

  	
  President

  	
  Its:

  	
  Managing Member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  RBG, LLC, 

  	
   

  
	
  a Nevada limited liability company

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  Robert “Randy” Black, Sr.

  	
  By:

  	
  Curt Mayer 

  
	
  Its:

  	
  Managing Member

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
						

 

 14
 

 

EXHIBIT A

 

GENERAL
RELEASE

1.             I, CURT MAYER (the `Executive”), for and in
consideration of certain payments to be made and the benefits to be provided to
me under Section 8 of my Employment Agreement dated as of                                 
(the “Employment Agreement”) with VIRGIN RIVER CASINO CORPORATION, A NEVADA
CORPORATION, RBG, LLC, A NEVADA LIMITED LIABILITY COMPANY, AND CASABLANCA
RESORTS LLC, A NEVADA LIMITED LIABILITY COMPANY (collectively the “Company”),
and conditioned upon such payments and provisions, do hereby REMISE, RET.EASE,
AND FOREVER DISCHARGE the Company and each of its subsidiaries and affiliates,
their officers, directors, shareholders, partners, members, employees,
attorneys and agents, their respective successors and assigns, heirs, executors
and administrators (hereinafter collectively included within the term the “Company”),
acting in any capacity whatsoever, of and from any and all manner of actions
and causes of actions, suits, debts, claims and demands whatsoever in law or in
equity, which I ever had, now have, or hereafter may have, or which my heirs,
executors or administrators hereafter may have, by reason of any matter, cause
or thing whatsoever from the beginning of my employment with the Company to the
date of these presents arising from or relating in any way to my employment
relationship and the termination of my employment relationship with the
Company, including but not limited to, any claims which have been asserted,
could have been asserted, or could be asserted now or in the future under any
federal, state or local laws, including any claims under the Age Discrimination
in Employment Act (“ADEA”), 29 U.S.C. §621 et
seq., Americans with Disabilities Act (“ADA”), 42 U.S.C. §2000e et seq., Title VII of the Civil Rights Act
of 1964, 42 U.S.C. §2000e et seq., any
contracts between the Company and me and any common law claims now or hereafter
recognized and all claims for counsel fees and costs; provided, however, that
this General Release shall not apply to any entitlements under the terms of the
Employment Agreement or under any other plans or programs of the Company in
which I participated and under which I have accrued and become entitled to a
benefit.

2.             I hereby agree and recognize that my employment by the
Company was permanently and irrevocably severed on                                 ,
and the Company has no obligation, contractual or otherwise to me to hire,
rehire or re-employ me in the future. I acknowledge that the terms of the
Employment Agreement provide me with payments and benefits which are in
addition to any amounts to which I otherwise would have been entitled.

3.             I hereby agree and acknowledge that the payments and
benefits provided by the Company are to bring about an amicable resolution of
my employment arrangements and are not to be construed as an admission of any
violation of any federal, state or local statute or regulation, or of any duty
owed by the Company and that this Agreement and General Release is made
voluntarily to provide an amicable resolution of my employment relationship
with the Company and the termination of the Employment Agreement.

4.             I hereby certify that I have read the terms of this
General Release, that I have been advised by the Company to discuss it with my
attorney, and that I understand its terms and effects. I acknowledge, further,
that I am executing this General Release of my own volition with a full
understanding of its terms and effects and with the intention of releasing all
claims recited herein in exchange for the consideration described in the
Employment Agreement, which I acknowledge is adequate and satisfactory to me.
None of the above-named parties, nor their agents, representatives, or
attorneys have made any representations to me concerning the terms or effects
of this General Release other than those contained herein.

 15
 

 

5.             I hereby acknowledge that I have been informed that I
have the right to consider this General Release for a period of 21 days prior
to execution. I also understand that I have the right to revoke this General
Release for a period of seven days following execution by giving written notice
to the Company.

Intending to be legally bound hereby, I
execute the foregoing General Release this         
day of                      ,
20    .

	
  Witness

  	
   

  	
  Executive

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Curt Mayer

  

 

 16

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