Document:

Exhibit 10.46

 

SECOND AMENDMENT
TO AMENDED AND RESTATED LEASE AGREEMENT

 

This Second Amendment (“Second Amendment”) to Amended
and Restated Lease Agreement is made and entered into by and between The Port
Authority of Kansas City, Missouri (the “Landlord”) and Hilton Hotels
Corporation, a Delaware corporation (the “Tenant”), as of the 10 day of June,
1996.

 

RECITALS:

 

A.                                   Landlord and Tenant are parties to that
certain Amended and Restated Lease Agreement dated as of August 21, 1995,
as amended by that First Amendment to Amended and Restated Lease Agreement dated as of October 31,
1995 (collectively, the “Lease”), a copy of the recorded memorandum of which is
attached hereto and by this reference made a part hereof, as though fully set
out herein.

 

B.                                     In order to comply with certain
regulatory requirements relating to the licensing of the gaming facilities to
be operated by Tenant as provided in the Lease, the parties mutually desire to
amend the Lease in part.

 

NOW, THEREFORE,
for and in consideration of the sum of Ten Dollars ($10.00) and other good and
valuable consideration, the receipt, adequacy and sufficiency of which are
hereby acknowledged, the parties hereby covenant and agree as follows:

 

1.                                       Modifications to Lease. The Lease is hereby amended and modified
to provide that (i) the “Riverboat Gaming Facility”, as such term is
defined in the Lease, together with its contents and including trade fixtures
and personalty and (ii) the Site Improvements, as such term is defined in
the Lease, shall, until termination of the Lease, be the absolute property of
Tenant. Without limiting the generality of the foregoing, the Lease is hereby
specifically amended and modified as follows:

 

(a)                                  The first paragraph of Section 1.01
of the Lease is hereby amended and modified in its entirety as follows:

 

Section 1.01. DEMISE.
Landlord hereby subleases to Tenant and Tenant hereby leases from Landlord, the
real property described in Exhibit B attached hereto (the “Demised
Premises”), specifically excluding, however, all buildings and improvements to
be constructed in accordance with the Development Agreement (“Site Improvements”).
and the Riverboat Gaming Facility, which shall be

 

 

the absolute property of
the Tenant until termination of this Agreement, and specifically including the
following easements and appurtenances:

 

(b)                                 The first sentence of Section 4.01 is amended and
modified in its entirety as follows:

 

The Riverboat Gaming
Facility, together with its contents and including trade fixtures and
personalty shall, until the termination of this Agreement, be the absolute
property of Tenant.

 

(c)                                  Section 9.02 of the Lease is hereby amended and
modified in its entirety as follows:

 

Section 9.02. TITLE
TO TENANT’S PERSONALTY AND FIXTURES. Title to Tenant’s Personalty and Fixtures,
including, without limitation, the Riverboat Gaming Facility, shall until the
termination of this Lease be that of Tenant.

 

(d)                                 Section 9.01 is amended and modified to add the
following sentence at the end of such section:

 

Title to the Site
Improvements, any equipment and/or appurtenances thereto and all changes,
additions and alterations therein and all renewals and replacements thereof,
when made, erected, constructed, installed or placed upon the Demised Premises
or the Easements by Tenant, shall, until the termination of this Lease, be that
of the Tenant.

 

2.                                       No Other Modifications. Except as expressly set forth herein, or as
necessary to incorporation the modifications herein, all of the terms,
conditions, covenants and provisions of this Lease shall remain unmodified and
in full force and effect in accordance with their original terms.

 

3.                                       General. This Agreement shall be binding upon and inure to
the benefit of the parties hereto and their respective successors and assigns.

 

2

 

IN WITNESS
WHEREOF, Landlord and Tenant have caused this Second Amendment to be executed
by their duly authorized officers as of the day and year first above written.

 

 

	
   

  	
  LANDLORD:

  
	
   

  	
   

  
	
   

  	
  THE PORT AUTHORITY OF
  KANSAS CITY, MISSOURI

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Elbert Anderson

  
	
   

  	
  Name:

  	
  Elbert Anderson

  
	
   

  	
  Title: 

  	
  Chairman

  
	
   

  	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  TENANT:

  
	
   

  	
   

  
	
   

  	
  HILTON HOTELS
  CORPORATION, a Delaware corporation

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Gerald W. Ricker

  
	
   

  	
  Name:

  	
  Gerald
  W. Ricker

  
	
   

  	
  Title: 

  	
  Vice President –
  Development

  

 

3

 

	
  STATE OF MISSOURI

  	
  )

  
	
   

  	
  ) ss.

  
	
  COUNTY OF JACKSON

  	
  )

  

 

On this 10 day of June, 1996, before me appeared Elbert
Anderson, to me personally known, who being by me duly sworn did say that he is
the Chairman of The Port Authority of Kansas City, Missouri, a public
corporation, and said Elbert Anderson acknowledged execution of the foregoing
instrument to be the free act and deed of said Port Authority.

 

IN WITNESS
WHEREOF, I have hereunto subscribed my name and affixed my official seal the
day and year last above written.

 

	
   

  	
  /s/ Jacqueline M
  Bullard

  
	
   

  	
  Notary Public

  

 

	
  My Commission Expires:

  	
   

  
	
   

  	
   

  
	
  June 22 1998

  	
   

  
	
   

  	
   

  
	
  JACQUELINE M
  BULLARD

  	
   

  
	
  NOTARY PUBLIC
  STATE OF MISSOURI

  	
   

  
	
  CASS COUNTY

  	
   

  
	
  MY COMMISSION
  EXP. JUNE 22, 1998

  	
   

  

 

4

 

	
  STATE OF MISSOURI

  	
  )

  
	
   

  	
  ) ss.

  
	
  COUNTY OF JACKSON

  	
  )

  

 

On this 7th day of June, 1996, before me appeared
Gerald W. Ricker, to me personally known, who being by me duly sworn did say that
he/she is the Vice Pres. - Develop. of Hilton Hotels Corporation, a Delaware corporation,
and said Gerald W. Ricker  acknowledged execution of the foregoing
instrument to be the free act and deed of said corporation.

 

IN WITNESS
WHEREOF, I have hereunto subscribed my name and affixed my official seal the
day and year last above written.

 

	
   

  	
  /s/ [ILLEGIBLE]

  
	
   

  	
  Notary Public

  
	
   

  	
   

  
	
  My Commission Expires:

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  03/11/99

  	
   

  

 

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      EXHIBIT 4.1    
    

  

											
	NUMBER

TEL	 	 	 	 	 	 	 	 	 	 SHARES
	

 	
 	
 	
 	
 	
 	
 	
 	
 	
 	
 REGISTERED SHARES

PAR VALUE CHF 2.60*

INCORPORATED UNDER THE

LAWS OF SWITZERLAND

CUSIP H8912P 10 6

PLEASE SEE REVERSE

FOR CERTAIN DEFINITIONS
	
 *Par value as of the date of issuance of this

  share certificate. Please refer to the Articles

  of Association of the corporation for

  information about the prevailing par value,

  which may change from time to time

  pursuant to resolutions passed at a meeting of

  shareholders.	
 	
 THIS CERTIFIES THAT	
 	

 
	
 TYCO ELECTRONICS LTD.

THIS CERTIFICATE IS TRANSFERABLE

IN JERSEY CITY, NJ, NEW YORK, NY, AND

PITTSBURGH, PA

Countersigned and Registered:
 MELLON INVESTOR SERVICES LLC

Transfer Agent and Registrar

By:	
 	

IS THE OWNER OF

FULLY PAID AND NON-ASSESSABLE REGISTERED SHARES OF TYCO ELECTRONICS LTD. WITH A PAR VALUE OF CHF 2.60*

transferable only on the books of the corporation by the holder hereof in person or by attorney duly authorized, upon surrender of this certificate properly endorsed or assigned. This certificate and the shares represented hereby are subject to the
laws of Switzerland and to the Articles of Association of the corporation, as now or hereafter amended. This certificate is not valid until countersigned by the Transfer Agent and registered by the Registrar. Witness the facsimile seal of the
corporation and the facsimile signatures of its duly authorized officers.

 DATED	
 	

 
	
 Authorized Signature	
 	
 	
 	

 

 CHIEF EXECUTIVE OFFICER	
 	

 

 EXECUTIVE VICE PRESIDENT

AND CHIEF FINANCIAL OFFICER	
 	
 	
 	

 

  TYCO ELECTRONICS LTD.

        The
Corporation will furnish without charge to each shareholder who so requests a copy of the powers, designations, preferences and relative, participating, optional or other special
rights of each class of shares or series thereof, and the qualifications, limitations, or restrictions of such preferences and/or rights. 

        The
following abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were written out in full according to applicable laws or
regulations: 

															
	TEN COM	 	—	 	as tenants in common	 	UNIF GIFT MIN ACT	 	—	 	           	 	Custodian	 	              
	TEN ENT	 	—	 	as tenants by the entireties	 	 	 	 	 	(Cust)	 	 	 	(Minor)
	JT TEN	 	—	 	as joint tenants with right of	 	 	 	 	 	under Uniform Gifts to Minors
	 	 	 	 	survivorship and not as tenants	 	 	 	 	 	Act	 	                 	 	 
	 	 	 	 	in common	 	 	 	 	 	 	 	(State)	 	 

Additional
abbreviations may also be used though not in the above list. 

        FOR VALUE RECEIVED                          hereby sell, assign and transfer unto

	
	 

	Please Insert Social Security or Other

Identifying Number of Assignee
	

 

 

			
	

  (PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS OF ASSIGNEE)
	

 
	

 
	

 	 	 Shares
	 of the registered stock represented by the within Certificate and do hereby irrevocably constitute and appoint
	

 	 	 Attorney
	 to transfer the said registered shares on the books of the within named Company with full power of substitution in the premises.

 

					
	Dated	 	

 	 	 

 

			
	 	 	

 
	 	 	        NOTICE: The Signature to this assignment must correspond with the

name as written upon the face of the Certificate in every particular,

without alteration or enlargement, or any change whatever.

 

			
	Signature(s) Guaranteed:	 	

  THE SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE

GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND

LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN AN

APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM),

PURSUANT TO S.E.C. RULE 17Ad15.

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EXHIBIT 4.1

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