Document:

Document

Exhibit 10.3
SEPARATION AGREEMENT
This Separation Agreement (“Separation Agreement”), is made by and between Cerner Corporation (together with its subsidiaries and affiliates, “Cerner”) and Donald D. Trigg (“you” or “your” and, together with Cerner, the “parties”).  
RECITALS
WHEREAS, you are currently, and have been since February 18, 2020, the President of Cerner and have been employed by Cerner since November 30, 2012; 
WHEREAS, you entered into an employment agreement with Cerner dated November 30, 2012 (your “EA”), as amended by that certain Cerner Executive Severance Agreement dated September 11, 2017, which was amended by letter agreement dated effective as of February 19, 2021 (your “Severance Agreement” and together with your EA, your “Employment Agreement”), and a Mutual Arbitration Agreement with Cerner dated January 10, 2018 (your “Arbitration Agreement”);
WHEREAS, your employment was terminated without Cause by Cerner on August 19, 2021, and the parties have mutually agreed to the separation benefits described herein;
WHEREAS, your last day of employment for salary, cash awards under the Cerner Corporation 2018 Performance Compensation Plan (“CPP”), benefits, regular equity vesting and departure purposes was August 19, 2021; and
WHEREAS, in consideration for Cerner’s release and agreement to perform the covenants provided herein, the modification of your existing non-competition, confidentiality and non-solicitation obligations, the separation payments and acceleration of the vesting of outstanding equity-based compensation awards described herein, your agreement to perform the covenants provided herein and other good and valuable consideration, the receipt and sufficiency of which you and Cerner hereby acknowledge, you agree to the terms contained herein and, as described below, agree to release Cerner and the Cerner Released Parties (as defined in this Separation Agreement) from matters arising out of or related to your employment with Cerner, and Cerner agrees to the terms contained herein and, as described below, to release you from certain matters arising out of or related to your employment with Cerner.
NOW, THEREFORE, in consideration of the mutual covenants, promises, and obligations set forth herein, the parties agree as follows:  
1.SEPARATION BENEFITS. Subject to your acceptance and timely return of this Separation Agreement to Cerner, without revocation, Cerner agrees to the following:  
A.Your last day of employment for salary, CPP, benefits, reimbursement of expenses, and regular equity vesting purposes was August 19, 2021, and Cerner will continue to pay your salary through August 19, 2021 on Cerner’s regular paydays. 

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B.Cerner will provide you with separation payments of $49,739.69, less applicable deductions required by law, on a biweekly basis on Cerner’s regular paydays during the twenty-four (24) month period following the Effective Date, commencing on the first regular payday after the Effective Date, which is expected to be September 17,  2021. Such biweekly separation payments are based upon (i) your current annual base salary ($700,000); (ii) the average of the annual cash bonus you received for fiscal years 2018, 2019 and 2020; plus (iii) the difference between the monthly COBRA continuation premium for you and your partner, spouse or dependents under Cerner's health, vision and dental plans in effect as of the date of your termination and the monthly amount you were paying for such coverage. Notwithstanding the foregoing, in the event of a Change in Control (as defined in the Severance Agreement) of Cerner prior to the full satisfaction by Cerner of the separation payments provided for in this Paragraph 1.B, Cerner agrees that payment of all of the unpaid amounts shall be accelerated and paid in a single lump sum payment to you concurrently with the effective time of such Change in Control. 
C.As of the Effective Date of this Separation Agreement, Cerner will, with respect to each of your outstanding equity awards granted by Cerner to you prior to August 19, 2021 pursuant to an equity compensation plan approved by Cerner's shareholders and relating to Cerner common stock (each a “Cerner Equity Award”) (i) fully vest each Cerner Equity Award that is an outstanding unvested stock option (and you shall have the earlier of August 19, 2022 and the balance of the original option term to exercise such option); (ii) fully vest each Cerner Equity Award that is an outstanding unvested time-based Restricted Stock Unit (“RSU”); and (iii) fully vest each Cerner Equity Award that is an outstanding unvested Performance-based Restricted Stock Unit (“PSU”), assuming a 100% of target level of achievement. Each of the grant instruments for any Cerner Equity Award the vesting or exercise of which is adjusted by this Paragraph 1.C. is hereby deemed amended as of the Effective Date of this Separation Agreement.
D.Cerner agrees that it will cause to be paid to you no later than two weeks after the Effective Date all other “Accrued Amounts” (as defined in your Severance Agreement) owed to you in respect of your service to Cerner through August 19, 2021. 
2.In the event of your death before the completion of the payout of any of the benefits described in Paragraph 1, Cerner will pay the remaining benefits described in Paragraph 1 in a lump sum to your designated Beneficiary separately communicated to Cerner provided that Beneficiary completes and delivers a Form W-9 to Cerner. You may revoke or change this Beneficiary designation at any time by delivering to Cerner a written document signed by you with the attestation of a notary stating that you are revoking or changing the designation, provided that such document is delivered while you are still alive and of sound mind. If your designated Beneficiary does not survive you or if your deaths are simultaneous, this paragraph and designation shall be void and of no effect, and any payments due under Paragraph 1 shall be made to your estate. 

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3.YOUR RELEASE OF CLAIMS. On behalf of yourself and your successors, assigns, agents, heirs and descendants, you hereby acquit, release and forever discharge Cerner and its affiliates and subsidiaries, and all of their successors, assigns, officers, directors, agents, servants, employees, shareholders, fiduciaries, attorneys and representatives, whether past or present for all of the foregoing (collectively, the “Cerner Released Parties”) from any and all manner of claims, debts, damages, injuries, judgments, awards, executions, demands, liabilities, obligations, suits, actions and causes of action, whether known or unknown, fixed or contingent, accrued or to accrue, direct or indirect, and whether at law or in equity, which you may have against the Cerner Released Parties, including, but not limited to, those arising out of or by reason of your employment by Cerner, or with respect to your departure from employment with Cerner and/or its subsidiaries, or with respect to claims for expenses, salary, incentive payments or equity grants against Cerner.  
Without in any way limiting the generality of the foregoing, you acknowledge and agree that you are hereby releasing and discharging Cerner and all other Cerner Released Parties from any and all manner of claims, debts, damages, injuries, judgments, awards, executions, demands, liabilities, obligations, suits, actions and causes of action that may be asserted under any local, state, federal, statutory or common law relating to discrimination in employment including, without limitation, discrimination relating to race, ethnicity, religion, sex, pregnancy, disability, equal pay, age, veteran status, national origin, creed, color, and retaliation, and including claims under Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, the Americans with Disabilities Act, the Equal Pay Act, the Age Discrimination in Employment Act, Family and Medical Leave Act, 42 U.S.C. Sections 1981, 1983 and 1985, the Employee Retirement Income Security Act (“ERISA”), Workmen’s Compensation laws, Consolidated Omnibus Budget Reconciliation Act, the Worker Adjustment and Retraining Notification Act, Executive Order 11246, the Rehabilitation Act, veterans’ laws, all federal, state and local laws related to libel, slander, defamation, invasion of privacy, breach of contract, outrageous conduct, intentional or negligent infliction of emotional distress, respondent superior, negligent hiring or retention, and all other laws and ordinances which are meant to protect workers in their employment relationships and under which you might have rights and claims. 
A.Includes Release of ADEA Claims. You understand and agree that you are releasing Cerner and all other Cerner Released Parties from all rights and claims of discrimination relating to age, including all rights and claims under the Age Discrimination in Employment Act of 1967, as amended (hereinafter referred to as “ADEA”).  
B.Nothing in this Separation Agreement is intended to, or shall, interfere with your rights under federal, state, or local civil rights or employment discrimination laws to file or otherwise institute a charge of discrimination, to participate in a proceeding with any appropriate federal, state, or local government agency enforcing discrimination laws, or to cooperate with any such agency in its investigation, none of which shall constitute a breach of this Separation Agreement. You shall not, however, be entitled to any relief, recovery, or monies 

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in connection with any such action or investigation brought against Cerner, regardless of who filed or initiated any such complaint, charge, or proceeding. Nothing in this Separation Agreement is intended to, or shall, interfere with your right to file a claim for unemployment benefits (if any), or to file a claim asserting any causes of action which by law you may not legally waive.
C.Nothing in this Separation Agreement is intended to, or shall, interfere with (1) your rights to indemnification under Cerner’s bylaws and your January 2019 Indemnification Agreement (and Cerner agrees to keep in force sufficient directors’ and officers’ insurance to protect you against such potential liabilities for a period of six years from the Effective Date); (2) your rights to vested ERISA benefits; and (3) your rights under this Separation Agreement.  
4.CERNER’S RELEASE OF CLAIMS. Cerner, its affiliates and subsidiaries and all of their successors and assigns (collectively, the “Cerner Parties”) hereby acquit, release and forever discharge you and your successors, assigns, agents, heirs and descendants, from any and all manner of claims, debts, damages, injuries, judgments, awards, executions, demands, liabilities, obligations, suits, actions and causes of action that have accrued as of and are known to Cerner on your termination date, whether direct or indirect and whether at law or in equity, which the Cerner Parties may have against you arising out of your employment with Cerner. The Cerner Parties’ release of claims does apply to any and all employment claims brought by Cerner associates or third parties, whether known or unknown to Cerner on your termination date. The Cerner Parties’ release of claims does not apply to claims related to the enforcement of or your failure to comply with this Separation Agreement or your violation of your noncompetition, confidentiality, and non-solicitation obligations. 
5.RETURN OF CERNER PROPERTY. You acknowledge that you will return all Cerner-issued equipment, including, but not limited to, your security card/office key to the building(s). Cerner agrees you will not be required to return your laptop, ipad and cell phone and you may retain those devices as personal property; however, you agree that you will first work with Cerner to ensure that corporate data is appropriately transferred to Cerner information systems and wiped from the devices and to allow Cerner to preserve potentially relevant data for any pending legal matters. You further acknowledge and agree that you will return all other Cerner property, manuals or other intellectual property, confidential information or materials containing trade secrets of Cerner in your possession and that no copies thereof will be retained by you or on your behalf by any third party after September 7, 2021. 
6.CONFIDENTIALITY, NON-COMPETITION, AND NON-SOLICITATION OBLIGATIONS. 
A.Confidentiality. You acknowledge and agree that all confidentiality obligations and covenants set forth in your Employment Agreement or any other employment agreement that you signed at the time of or during your employment by Cerner or any of its subsidiaries shall continue in full force and effect.  

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Nothing in this Separation Agreement shall (i) prohibit you from disclosing confidential information in connection with reporting possible violations of law or regulation to any governmental agency or entity or attorney in accordance with any whistleblower protection provisions of applicable law or regulation, including 18 USC 1833, or (ii) require notification or prior approval by Cerner of any reporting described in clause (i); provided, however, that any such disclosures must be made in accordance with the applicable law or regulation and in a manner that limits, to the furthest extent possible, disclosure of confidential information.
B.Non-competition.  The parties hereby agree to replace the non-competition agreement set forth in your Employment Agreement, including without limitation in paragraph 6 of your EA, as follows:  You agree that through and including August 19, 2023 (i.e., a period of two years following the termination of your employment from Cerner), you will not provide any services (whether as an employee, principal, agent, consultant, contractor, partner, director, officer, or otherwise) for the following companies or their affiliates (each, a “Competitive Company”): Allscripts Healthcare Solutions, Inc.; Arcadia Solutions; athenahealth, Inc.; Capsule Technologies, Inc.; Computer Programs and Systems, Inc.; eClinicalWorks, LLC; Epic Systems Corporation; Health Catalyst, Inc.; InterSystems Corporation; Innovaccer, Inc.; Medical Information Technology, Inc.; Optum, Inc.; i2i Systems, Inc.; Medstreaming, Inc.; Cureatr, Inc.; Carevive Systems, Inc.; Essence Group Holdings Corporation; Lumeris; Xealth, Inc.; Elligo Health Research, Inc. Notwithstanding the foregoing, Cerner agrees that no violation of the non-competition covenant set forth above shall be deemed to occur following the acquisition by any Competitive Company of another company or division or applicable assets thereof (not itself a Competitive Company) (the “Acquired Company”) so long as you continue to provide services solely to the Acquired Company (as between the Competitive Company and the Acquired Company) through August 19, 2023.
You agree that the non-competition restrictions set forth in this paragraph are reasonable and necessary to protect Cerner’s legitimate interests, including its confidential and trade secret information, its Client and Supplier relationships, and its goodwill, particularly in light of your duties and responsibilities at Cerner.
C.    Employee non-solicitation. The parties hereby agree to replace the non-solicitation agreement set forth in your Employment Agreement, including without limitation in paragraph 6.E of your EA (but excluding the non-disparagement sub-paragraph of 6.E), as follows: You agree that through and including August 19, 2023 (i.e., a period of two years following the termination of your employment from Cerner), you will not, directly or indirectly, on behalf of yourself or on behalf of any other person, entity, or organization, (a) solicit for employment, or (b) attempt to solicit for employment, any Cerner associate.  For the avoidance of doubt, this provision shall in no way prohibit your employer from making job postings of general applicability, provided that they are not specifically targeted at any covered person, or from hiring an individual via such a job posting. You agree that the non-solicitation restrictions set forth in this 

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paragraph are reasonable and necessary to protect Cerner’s legitimate interests, including its confidential and trade secret information, its Client and Supplier relationships, its goodwill, and its loyalty, particularly in light of your duties and responsibilities at Cerner. 
7.COOPERATION. You agree that you will cooperate with Cerner in the defense of any legal matters about which you have material knowledge. Cerner agrees to compensate you at the rate of $440 per hour for your reasonable assistance in such matters.
8.CONSIDERATION PERIOD. You acknowledge that you have twenty-one (21) days from the date you received this Separation Agreement in which to consider it, although you may sign this Separation Agreement earlier than 21 days if you so choose. You further understand that you have the right to revoke this Separation Agreement by delivering written notice to Cerner during the seven-day period after you sign it. This Separation Agreement shall become effective after the seven-day revocation period has expired assuming you do not revoke it, but in no event earlier than September 13, 2021 (the “Effective Date”).
9.NO FURTHER PAYMENTS. You agree that your employment terminated effective August 19, 2021, and that, after that date, Cerner will owe no additional compensation to you other than: (i) your final paycheck covering the period through August 19, 2021, (ii) any performance-based cash incentive compensation earned but not yet paid as of August 19, 2021, and (iii) the separation benefits described in Paragraph 1. You agree that amounts paid pursuant to this Separation Agreement shall be in full and final satisfaction of any amounts or other benefits that could be owed to you under any other agreement you may have entered into with Cerner or, except as required by law or specifically provided herein, any other Cerner benefit plan or arrangement, including but not limited to your Employment Agreement, the Cerner Associate Severance Pay Plan effective July 1, 2021, or the Business Optimization Severance Pay Plan. 
10.FORFEITURE, CLAWBACK AND REIMBURSEMENT. The right to receive severance and benefits in accordance with Paragraph 1 is subject to rescission, forfeiture, cancellation or recoupment, in whole or in part, if and to the extent so provided under the Cerner Corporation Incentive Awards and Severance Payment Clawback Policy for Executive Officers and Applicable Persons, as in effect on the date hereof with respect to severance, or any other applicable clawback, adjustment or similar policy in effect on or established subsequent to, the Effective Date (the “Clawback Policy”). The terms of the Clawback Policy are incorporated herein by reference.  You agree to provide reasonable assistance to Cerner to recover or recoup any of the severance or other value pursuant to this Separation Agreement which is subject to recovery or recoupment pursuant to the Clawback Policy. By signing this Separation Agreement, you agree that the promises you have made in it are of a special nature and that any material breach or material violation by you of the terms of this Separation Agreement will result in immediate and irreparable harm to Cerner.  For the avoidance of doubt, if you are found by a Court or Arbitrator to have committed a material breach of any confidentiality, non-competition, non-solicitation or other material provision in this Separation Agreement or your Employment Agreement, (i) Cerner’s obligation, if applicable, to deliver separation payments and 

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benefits to you under this Separation Agreement will cease immediately, (ii) you will be obligated to reimburse Cerner for all separation payments already made to you under Paragraph 1.B., (iii) any outstanding Cerner Equity Award held by you will immediately be forfeited notwithstanding any contrary term or condition in any underlying grant instrument, and (iv) you will be obligated to return to Cerner all shares of Cerner common stock (or the proceeds from the sale of such shares if such shares have been sold) received by you under, or as a result of your exercise of, a Cerner Equity Award which was subject to accelerated vesting in accordance with Paragraph 1.C. Cerner will also be entitled to all other legal and equitable remedies available to it by law.
11.NONADMISSION OF LIABILITY. You understand and agree that neither this Separation Agreement nor any action taken hereunder is to be construed as an admission of liability by Cerner or any of the Cerner Released Parties.
12.VOLUNTARY EXECUTION. You acknowledge that you have read this Separation Agreement in its entirety, that you understand its contents, and that you have executed it voluntarily. You further acknowledge that you have consulted with your attorney prior to signing this Separation Agreement.
13.COMPLIANCE WITH SECTION 409A.  Notwithstanding any other provision of this Separation Agreement, all payments provided hereunder shall be made in a manner that is intended to comply with Section 409A or an applicable exemption thereto, including the separation pay and short-term deferral exceptions. Any payment provided under this Separation Agreement which is required to be delayed for six months following your separation from service and on account of you being a “specified employee” of Cerner shall be so delayed. For purposes of Section 409A, each installment payment provided under this Separation Agreement shall be treated as a separate payment. Notwithstanding the foregoing, Cerner makes no representations that the payments and benefits provided under this Separation Agreement comply with Section 409A, and in no event shall Cerner be liable for all or any portion of any taxes, penalties, interest, or other expenses that may be incurred by you on account of non-compliance with Section 409A.  
14.NOTICE. All notices, requests, demands and other communications hereunder shall be deemed duly given if delivered by hand or if mailed by certified or registered mail or sent by express courier with postage or charges prepaid as follows:
If to Cerner:
Cerner Corporation
2800 Rock Creek Parkway
North Kansas City, MO  64117-2551
Attn: Chief Executive Officer 
With copy to:  Chief Legal Officer

                    If to you:    

At the address on file with Cerner’s HR department

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or to any other address as either party may provide to the other in writing by notice given in accordance with this paragraph.
15.NOTICE TO SUBSEQUENT EMPLOYER. You agree to inform any potential new employer, prior to accepting such employment, of the existence of the non-competition, non-solicitation and confidentiality provisions contained in this Separation Agreement and your Employment Agreement. 
16.GOVERNING LAW. This Separation Agreement shall be governed by and construed in accordance with the laws of the State of Missouri to the extent not governed or preempted by federal law. 
17.SEVERABILITY. If any provision of this Separation Agreement is held to be unenforceable, this Separation Agreement will be deemed amended to the extent necessary to render the otherwise unenforceable provision—and the rest of this Separation Agreement—valid and enforceable. If an arbitrator (or court) declines to amend this Separation Agreement as provided in this paragraph, the invalidity or unenforceability of any provision of this Separation Agreement will not affect the validity or enforceability of the remaining provisions, which must be enforced as if the offending provision had not been included in this Separation Agreement. 
18.COMPLETE AGREEMENT. This Separation Agreement constitutes the full, complete and entire agreement of the parties related to the separation benefits to which you are entitled. Without limitation, the separation benefits and payments under this Separation Agreement supersede and replace any benefits or payments you might otherwise be eligible to receive under your Employment Agreement, the Cerner Associate Severance Pay Plan, any successor thereto, or any other broad-based Cerner severance plan or policy which otherwise would be applicable to you. However, the parties agree that your Employment Agreement (excluding any right you have to any severance payment or severance benefit thereunder), as modified by this Separation Agreement, otherwise remains in full force and effect. For the avoidance of doubt, your Arbitration Agreement shall survive this Separation Agreement, and the parties agree that your Arbitration Agreement will govern any dispute between the parties related to this Separation Agreement. In making this Separation Agreement, the parties rely wholly upon their own judgment, belief and knowledge and the advice of their respective counsel. All executed copies, whether signed in counterparts or otherwise, or duplicate originals, are equally admissible in evidence.

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This Separation Agreement is executed as of this 3rd day of September, 2021.

/s/ Donald D. Trigg       
Donald D. Trigg

Cerner Corporation

By: /s/ Daniel P. Devers        
Daniel P. Devers
Executive Vice President and Chief Legal Officer    

    9EX-10.1

 Exhibit 10.1 

Execution Version 
 SEVENTH
AMENDMENT TO MASTER LEASE 
 This SEVENTH AMENDMENT TO MASTER LEASE (this “Amendment”) is entered into as of October 29, 2021 (the
“Effective Date”), by and between MGP Lessor, LLC, a Delaware limited liability company (together with its permitted successors and assigns, “Landlord”), and MGM Lessee, LLC, a Delaware limited liability company
(together with its permitted successors and assigns, “Tenant”). Capitalized terms used in this Amendment and not otherwise defined herein shall have the meanings set forth in the Master Lease (as hereinafter defined). 

RECITALS 
 A. Landlord and Tenant
have entered into that certain Master Lease dated as of April 25, 2016, as amended by that certain (i) First Amendment to Master Lease dated as of August 1, 2016, (ii) Second Amendment to Master Lease dated as of October 5, 2017,
(iii) Third Amendment to Master Lease dated as of January 29, 2019, (iv) Fourth Amendment to Master Lease dated as of March 7, 2019, (v) Fifth Amendment to Master Lease dated as of April 1, 2019 and (vi) Sixth Amendment to Master
Lease dated as of February 14, 2020 (as so amended, the “Master Lease”); 
 B. Landlord and Tenant desire to amend the
Master Lease by adding MGM Springfield (“Springfield”) to the Leased Property demised pursuant to the Master Lease and Landlord desires to lease the same to Tenant and Tenant desires to lease the same from Landlord upon the terms
set forth in the Master Lease as amended hereby; and 
 C. Landlord and Tenant desire to amend the Master Lease as set forth herein. 

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 

ARTICLE I 
 AMENDMENT TO
MASTER LEASE 
 1.1 Defined Terms. 

(a) The following new paragraph shall be added to the existing definition of “GAAP” set forth in the Master
Lease: 
 In connection with calculating any financial covenant or other term in this Master Lease, with respect to Springfield only,
“GAAP” shall mean generally accepted accounting principles in the United States set forth in the Financial Accounting Standards Board (FASB) Accounting Standards
Codification® and rules and interpretive releases of the Securities and Exchange Commission under authority of federal securities laws, that are applicable to the circumstances as of
the date of determination, consistently applied; provided, that, after October 29, 2021, if any change in accounting principles is required by the promulgation of any rule, regulation, pronouncement or opinion by the FASB or the Securities and
Exchange Commission and such change results in a change in the method of calculation of any financial ratio or term in this Master Lease, then Tenant and Landlord shall negotiate in good faith in order to amend such provision so as to equitably
reflect such change with the desired result that the criteria for evaluation the relevant Person’s financial condition shall be the same after such change as if such change had not occurred; provided further that until such time as an
amendment shall have been executed, all such financial covenants and terms in this Master Lease shall continue to be calculated or construed as if such change had not occurred. 

 (b) Subsection (ii) of the second sentence in the definition of
“Percentage Rent” set forth in the Master Lease shall be deleted in its entirety and replaced with the following: 
 “(ii) for purposes of the
first Percentage Rent Reset Date of April 1, 2022, the average annual Net Revenue with respect to National Harbor shall be calculated based on the period from January 1, 2017 through December 31, 2021 and the average annual Net
Revenue with respect to Springfield shall be calculated based on the period from January 1, 2021 through December 31, 2021, if the Effective Date of this Amendment is on or before the first Percentage Rent Reset Date. If the Effective Date
of this Amendment is subsequent to the first Percentage Rent Reset Date, then the Percentage Rent for the first Percentage Rent Reset Date shall be determined without regard to Springfield and the average annual Net Revenue with respect to
Springfield shall be calculated for the period from January 1, 2022 through December 31, 2026 for purposes of the second Percentage Rent Reset Date,”. 

1.2 Additional Leased Property. 

(a) Landlord and Tenant hereby agree that from and after the Effective Date (i) Springfield shall be added to the
“List of Facilities” set forth on Exhibit A to the Master Lease, (ii) the legal description of Springfield attached hereto as Schedule 2 (Part I) shall be added to Part I of Exhibit B to the Master Lease and the description of
ground lease attached hereto as Schedule 2 (Part II) (the “Springfield Ground Lease”) shall be added to Part II of Exhibit B to the Master Lease, (iii) Springfield constitutes a portion of the Leased Property, and shall be a
Facility, for all purposes under the Master Lease, as modified by this Amendment and as the same may be further amended or modified from time to time, (iv) subject to all of the terms as modified herein, Springfield shall be subject to all of
the terms and conditions of the Master Lease, and (v) Springfield will be subleased by Tenant to one or more Operating Subtenants pursuant to one or more Operating Subleases in accordance with the Master Lease. 

(b) Landlord and Tenant acknowledge and agree to the provisions of Section 2.7 of the Master Transaction Agreement dated
as of May 11, 2021 by and among Landlord, Tenant, Blue Tarp reDevelopment, LLC (“Blue Tarp”), MGP Lessor Holdings, LLC, the Operating Partnership, Tenant’s Parent and MGM REIT (the “Springfield
MTA”). In the event that Springfield is at any time required, for regulatory requirements, to be transferred to Blue Tarp or the Trust (as defined in the Springfield MTA and as further described in Section 3.1 below), Landlord
agrees to be bound by such requirements and to convey Springfield in accordance with the Springfield MTA. Upon such conveyance, Springfield shall cease to be demised pursuant to the Master Lease and the provisions of
Section 1.5 of the Master Lease with respect to a Removal Facility will apply thereto. 

  
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 1.3 Base Rent. From and after the Effective Date, the amount set forth in the
definition of “Base Rent” shall be increased by an amount equal to Twenty Seven Million Dollars ($27,000,000) (the “Base Rent Adjustment Amount”), which Base Rent Adjustment Amount shall be the Base Rent initially
allocated to Springfield. The Base Rent Adjustment Amount payable during any Lease Year or portion thereof consisting of more or less than twelve (12) calendar months shall be prorated on a monthly basis such that the Base Rent Adjustment
Amount that is included within the Base Rent for each calendar month is equal to the Base Rent Adjustment Amount divided by twelve (12). In the event the month in which the Base Rent Adjustment Amount takes effect is a partial month, Tenant shall
pay (i) Base Rent (calculated without application of the Base Rent Adjustment Amount) for such month in accordance with Section 3.1 of the Master Lease and (ii) a portion of the Base Rent Adjustment Amount which
shall be prorated on a daily basis such that the Base Rent Adjustment Amount for such calendar month is equal to the monthly Base Rent Adjustment Amount divided by the actual number of days in such month and multiplied by the number of days for
which the adjustment is applicable. 
 1.4 Percentage Rent. From and after the Effective Date, the amount set forth in the
definition of “Percentage Rent” shall be increased by an amount equal to Three Million Dollars ($3,000,000) (the “Percentage Rent Adjustment Amount”), which Percentage Rent Adjustment Amount shall be the Percentage
Rent initially allocated to Springfield. The Percentage Rent Adjustment Amount payable during any Lease Year or portion thereof consisting of more or less than twelve (12) calendar months shall be prorated on a monthly basis such that the
Percentage Rent Adjustment Amount that is included within the Percentage Rent for each calendar month is equal to the Percentage Rent Adjustment Amount divided by twelve (12). In the event the month in which the Percentage Rent Adjustment Amount
takes effect is a partial month, Tenant shall pay (i) Percentage Rent (calculated without application of the Percentage Rent Adjustment Amount) for such month in accordance with Section 3.1 of the Master Lease and
(ii) a portion of the Percentage Rent Adjustment Amount which shall be prorated on a daily basis such that the Percentage Rent Adjustment Amount for such calendar month is equal to the monthly Percentage Rent Adjustment Amount divided by the
actual number of days in such month and multiplied by the number of days for which the adjustment is applicable. 
 1.5 Identified
Subleases. In addition to the Identified Subleases indicated by letters from Landlord to Tenant dated April 25, 2016, August 2, 2016, October 5, 2017, January 29, 2019 and April 1, 2019, the definition of Identified
Subleases shall also include those certain leases and/or subleases identified in a supplemental letter of even date herewith from Tenant to Landlord. 

1.6 Gaming Licenses. The description of gaming licenses contained on Schedule 3 attached hereto shall be added to Exhibit D to
the Master Lease. 
 1.7 Springfield Additional Renewal Terms. 

(a) Notwithstanding Section 1.4 of the Master Lease or any other provision to the contrary, in
addition to the Renewal Terms, the term of the Master Lease with respect to Springfield only may be extended for an additional four (4) Renewal Terms of five (5) years each (the “Springfield Renewal Terms”) if: (i) at
least twelve (12), but not more than eighteen (18) months prior to the end of the then current Term, Tenant delivers to Landlord a notice (“Springfield Renewal Notice”) that Tenant desires to exercise its right to extend the
Master Lease with respect to Springfield only for an additional five (5) year term; and (ii) no Event of Default shall have occurred and be continuing on the date Landlord receives the Renewal Notice (the “Springfield Exercise
Date”) or on the last 

  
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day of the then current Term; provided, however, that if Tenant fails to deliver to Landlord a Notice prior to the date that is twelve (12) months prior to the then current expiration date
of the Term that Tenant does not intend to renew the Master Lease with respect to Springfield, then it shall automatically and without further action be deemed for all purposes that Tenant has delivered the Springfield Renewal Notice. During any
such Springfield Renewal Term, (i) Landlord and Tenant acknowledge and agree that the Master Lease shall remain in full force and effect with respect to Springfield only, (ii) except as otherwise specifically provided for herein, all of
the terms and conditions of the Master Lease shall remain in full force and effect with respect to Springfield only, and (iii) all references herein and calculations made pursuant to the Master Lease shall apply to Springfield only, including,
without limitation the calculation of Rent. 
 (b) From and after the date on which the Master Lease expires for all other
Facilities other than Springfield, Base Rent and Percentage Rent shall be equal to the Allocable Rent Amount for Springfield (including Base Rent and Percentage Rent). 

(c) During each Lease Year of the first two (2) Springfield Renewal Terms (each, a “Springfield Fixed Renewal
Term”), Base Rent shall be an annual amount equal to the amount determined pursuant to Section 1.4(c) of the Master Lease (after taking into account the preceding subparagraph 1.7(b)). For each Springfield Renewal
Term after the Springfield Fixed Renewal Terms, the Base Rent shall be the Fair Market Rent in respect of Springfield, which shall be determined pursuant to and in accordance with the definition of “Fair Market Rent” set forth in the
Master Lease. 
 (d) During each Lease Year of each Springfield Renewal Term, Percentage Rent shall continue to be equal to
the Percentage Rent determined pursuant to and in accordance with the definition of “Percentage Rent” set forth in the Master Lease (after taking into account the preceding subparagraph 1.7(b)), provided, however, the Percentage Rent Reset
Dates shall be each of April 1, 2047, April 1, 2052, April 1, 2057 and April 1, 2062. 
 1.8 Additional Ground
Lease Provisions. 
 (a) Section 8.4(c) of the Master Lease is hereby amended by adding the
following sentences to the end thereof: 
 Landlord shall (a) not amend or modify any of the terms of any Ground Lease without the prior
written consent of Tenant and (b) at the request of Tenant, Landlord shall enter into any amendments to any Ground Lease requested by Tenant so long as such amendments would not reasonably be expected to materially increase Landlord’s
monetary obligations under such Ground Lease or materially affect Landlord’s rights or remedies under the Master Lease or such Ground Lease. 

  
 4 

 (b) Section 8.4 of the Master Lease is hereby
amended by adding the following new subsection (e) to the end thereof: 
 (i) Tenant shall have the right to take any
and all actions and make all decisions which Lessee (as such term is defined in the Springfield Ground Lease) has the right to take or do under the Springfield Ground Lease. Landlord shall reasonably cooperate with Tenant with respect to all
such actions and decisions. 
 (ii) Landlord (which, for the avoidance of doubt, includes its successors and assigns) agrees
that it shall at all times continue to own and control one hundred percent (100%) of the ownership interests in MGM Springfield ReDevelopment, LLC, a Massachusetts 121A limited liability company (the “121A Entity”). 

(iii) Upon a cancellation, expiration or termination of the Springfield Ground Lease for any reason whatsoever, Landlord shall
and shall cause the 121A Entity, and Tenant shall have the right to require Landlord and the 121A Entity, to lease to Tenant all of Landlord’s right, title, and interest in and to Springfield, including, without limitation, the fee simple
interest in Springfield pursuant to all of the same terms and conditions of the Master Lease and without any adjustment to the Rent or other terms of the Master Lease or other consideration. Upon any such event, Landlord and Tenant will
reasonably enter into an amendment to the Master Lease to reflect the foregoing and the addition of Springfield fee interest to the Master Lease. Such amendment shall be effective as of the date of cancellation, expiration or termination of the
Springfield Ground Lease. 
 (iv) Landlord agrees that it shall not sell, assign or transfer (a) all or any portion of
its leasehold interest in the Springfield Ground Lease to any party without simultaneously selling, assigning or transferring its interest in the 121A Entity (i.e., its indirect fee interests in Springfield) to such party or (b) all or any
portion of its interest in the 121A Entity (i.e., its indirect fee interests in Springfield) to any party without simultaneously selling, assigning or transferring its leasehold interest in the Springfield Ground Lease to such party, both of which
shall be transferred together as a unit. The provisions of this subsection (iv) shall be binding on any assignee or transferee of the Springfield Property and Landlord further agrees that it shall be a condition to any such assignment or
transfer that any such assignee or transferee agrees to be bound by the provisions of this Section 8.4(e). 

1.9 Tax Agreements. A new Section 8.5 is added to the Master Lease as follows: 

8.5 Tax Agreements. 

(a) Tenant shall have the right to cause Landlord to take any and all actions and make all decisions which Landlord has the
right to take or do under any tax agreement related to any Facility. Landlord shall reasonably cooperate with Tenant with respect to all such actions and decisions. 

(b) Landlord shall enter into any new tax agreement related to any Facility or enter into any amendments to any tax agreement
related to any Facility reasonably requested by Tenant so long as such agreements or amendments would not reasonably be expected to materially increase Landlord’s monetary obligations under such tax agreement or materially affect
Landlord’s rights or remedies under the Master Lease or such tax agreement. 

  
 5 

 ARTICLE II 

REAFFIRMATION OF GUARANTY 

2.1 Reaffirmation of Guaranty. By executing this Amendment, Guarantor acknowledges and agrees that Tenant’s obligations
under the Master Lease have been modified by this Amendment and therefore Guarantor’s Obligations (as defined in the Guaranty) have been modified by this Amendment. Guarantor hereby reaffirms the Guaranty and Guarantor’s Obligations
thereunder, as modified by this Amendment. 
 ARTICLE III 

MASSACHUSETTS REGULATORY REQUIREMENTS 

3.1 Massachusetts Regulatory Requirements. Adding Springfield to the Leased Property of the Master Lease requires certain
Massachusetts regulatory filings and approvals including applications to determine suitability of MGP and each of its subsidiaries and controlled affiliates as determined by the Massachusetts Gaming Commission (“Commission”)
pursuant to 205 CMR 115 and Interim Authorization pursuant to 205 CMR 116.10. Interim Authorization to add Springfield to the Leased Property of the Master Lease is subject to the Commission’s right to order that Springfield be transferred
back to Blue Tarp or to the Springfield Nominee Trust if the Commission has reasonable cause to believe that MGP or any of its subsidiaries or controlled affiliates may be found unsuitable. Landlord and Tenant agree to file timely applications for
determinations of suitability, Interim Authorization and follow all lawful directives from the Commission.
 ARTICLE IV 

MISCELLANEOUS 
 4.1
No Further Amendment. The Master Lease shall remain in full force and effect, unmodified, except as expressly set forth in Articles I – III above. 

4.2 Governing Law. Subject to Section 41.5 of the Master Lease, this Amendment shall be governed by,
and construed and enforced in accordance with, the internal laws of the State of New York without regard to conflicts of laws principals. 

4.3 Counterparts. This Amendment may be executed in any number of counterparts, each of which shall be a valid and binding
original, but all of which together shall constitute one and the same instrument. 
 SIGNATURES ON FOLLOWING PAGE 

  
 6 

 IN WITNESS WHEREOF, this Seventh Amendment to Master Lease has been executed by Landlord and Tenant
as of the date first written above. 
  

			
	LANDLORD:
	
	 MGP Lessor, LLC,
 a Delaware limited
liability company

		
	By:	 	 /s/ James C. Stewart

		 	Name: James C. Stewart
		 	Title:   Chief Executive Officer

 
			
	TENANT:
	
	 MGM Lessee, LLC,
 a Delaware limited
liability company

		
	By:	 	 /s/ Jonathan Halkyard

		 	Name: Jonathan Halkyard
		 	Title:   Chief Financial Officer and Treasurer

 Guarantor executes this Amendment solely for the purposes of the acknowledgment and reaffirmation of
Guaranty contained in Article 2 hereof. 
  

			
	GUARANTOR:
	
	 MGM RESORTS INTERNATIONAL,
 a
Delaware corporation

		
	By:	 	 /s/ Jonathan Halkyard

		 	Name: Jonathan Halkyard
		 	Title:   Chief Financial Officer and Treasurer

 SCHEDULE 2 (PART I) 

LEGAL DESCRIPTION OF SPRINGFIELD 

LOT 1 
 A certain parcel of land situated
within the block formed by Main Street, Union Street, East Columbus Avenue and Main Street in the City of Springfield, County of Hampden, Commonwealth of Massachusetts, bounded and described as follows: 

Beginning at the Northerly most point of the lot to be described hereafter; thence 
  

	S50°52’48“E	 Two hundred eight and twenty-three hundredths feet (208.23’) to a point; thence 

 

	S45°44’56“E	 Three hundred thirty-one and
sixty-one hundredths feet (331.61’) to a point; thence 

  

	S43°10’27’W	 One hundred eighty-two and
twenty-one hundredths feet (182.21’) to a point of curvature; thence 

  

	Southwesterly	 Along an arc to the right having a radius of twenty and no hundredths feet (20.00’), an arc length of
eighteen and sixty hundredths feet (18.60’), a chord length of seventeen and ninety-four hundredths feet (17.94’) and a chord bearing of S69°49’ l 3“W to a point of reverse curvature; thence 

 

	Southwesterly	 Along an arc to the left having a radius of thirty-six and no
hundredths feet (36.00’), an arc length of one hundred twenty-two and six hundredths feet (122.06’), a chord length of seventy-one and forty-four hundredths
feet (71.44’) and a chord bearing of S00°39’3 l “E to a point of non-tangency; thence 

  

	S46°49’33“E	 Eight and three hundredths feet (8.03’) to a point; thence 

 

	S47°30’32“E	 Two hundred thirty-eight and eighty-five hundredths feet (238.85’) to a point; thence

  

	N43°21’15“E	 Two hundred forty-one and fifty hundredths feet (241.50’) to a
point; thence S45°44’56“E One hundred six and ninety-one hundredths feet (106.91 ’) to a point; thence S30°3l ‘25“W Fifteen and no hundredths feet (15.00’) to a point;
thence 

  

	S42°41’SS“W	 Three hundred forty-eight and no hundredths feet (348.00”) to a point; thence 

 

	S46°19’02“W	 One hundred fifty-five and no hundredths feet (155.00’) to a point; thence 

	S42°37’25“W	 One hundred fifteen and no hundredths feet (115.00’) to a point of curvature; thence

  

	Southwesterly	 Along an arc to the left having a radius of two hundred fifty and no hundredths feet (250.00’), an arc
length of sixty-seven and forty-nine hundredths feet (67.49’), a chord length of sixty-seven and twenty-nine hundredths feet (67.29’) and a chord bearing ofS34°53’22“W to a point of tangency; thence 

 

	S27°09’ 19“W	 Thirty-four and no hundredths feet (34.00’) to a point; thence 

 

	N47°13’58“W	 Three hundred sixty-four and thirty-five hundredths feet (364.35’) to a point; thence

  

	N45°44’56“W	 Forty-nine and forty-eight hundredths feet (49.48’) to a point; thence 

 

	S42°59’19“W	 One hundred forty-two and fifty-three hundredths feet (142.53’) to
a point; thence 

  

	N48°19’48“W	 One hundred forty-one and seventy-three hundredths feet (141.73’)
to a point; thence 

  

	S43°46’56“W	 Thirty-three and thirty-three hundredths feet (33.33’) to a point; thence 

 

	N49°13’21“W	 Forty-six and sixty-four hundredths feet (46.64’) to a point of
curvature; thence 

  

	Northwesterly	 Along an arc to the right having a radius of fifty and no hundredths feet (50.00’), an arc length of
seventy-nine and ninety-eight hundredths feet (79.98’), a chord length of seventy- one and seventy-two hundredths feet (71.72’) and a chord bearing of N03°23’40“W to a point of
tangency; thence 

  

	N42°26’00“E	 Three hundred eight-two and
sixty-one hundredths feet (382.61’) to a point; thence N48°10’00“W Two hundred sixty-three and thirty-seven hundredths feet (263.37’) to a point; thence 

 

	Northwesterly	 Along an arc to the right having a radius of twenty and no hundredths feet (20.00’), an arc length of thirty-one and fifty-five hundredths feet (31.55’), a chord length of twenty-eight and thirty-eight hundredths feet (28.38’) and a chord bearing of N02°58’23“W to a point of tangency; thence

  

	N42°13’15“E	 Eighteen and seventy-five hundredths feet (18.75’) to a point; thence 

 

	N41°54’09“E	 Four hundred forty-nine and seventy-six hundredths feet (449.76’)
to the point of beginning. 

 The above described parcel contains an area of area of 584,008 square feet (13.41 acres), more or less, and
is more particularly shown as “Lot 1” on a plan entitled “Approval Not Required - MGM Springfield—State Street, Bliss Street, Howard Street, MGM Way, Union Street, Main Street, East Columbus Avenue, Springfield, MA”. Dated
March 1, 2018 and revised on April 11, 2018. Prepared for Blue Tarp reDevelopment, LLC. Prepared by Allen & Major Associates, Inc. Said Plan is filed in Plan Book 382, Page 83 at the Hampden County Registry of Deeds. 

LOT 2 
 A certain parcel of land situated
within the block formed by Main Street, Union Street, East Columbus Avenue and Main Street in the City of Springfield, County of Hampden, Commonwealth of Massachusetts, bounded and described as follows: 

Beginning at the Southwesterly most point of the lot to be described hereafter; thence 

 

	N42°13’ 15“E	 Forty and forty-five hundredths feet (40.45’) to a point; thence 

 

	Northeasterly	 Along an arc to the right having a radius of twenty and no hundredths feet (20.00’), an arc length of thirty-one and twenty-eight hundredths feet (31.28’), a chord length of twenty-eight and nineteen hundredths feet (28.19’) and a chord bearing of N87°01 ‘37“E to a point of tangency; thence

  

	S48°10’00“E	 Eighty-seven and eighteen hundredths feet (87.18’) to a point; thence 

 

	S42°01’55“W	 Sixty and sixty-five hundredths feet (60.65’) to a point; thence 

 

	N47°59’05“W	 One hundred seven and twenty-four hundredths feet (107.24’) to the point of beginning.

 The above described parcel contains an area of area of 6,395 square feet (0.15 acres), more or less, and is more particularly shown as
“Lot 2” on a plan entitled “Approval Not Required—MGM Springfield—State Street, Bliss Street, Howard Street, MGM Way, Union Street, Main Street, East Columbus Avenue, Springfie1d, MA”. Dated March 1, 2018 and
revised on April 11, 2018. Prepared for Blue Tarp reDevelopment, LLC. Prepared by Allen & Major Associates, Inc. Said Plan is filed in Plan Book 382, Page 83 at the Hampden County Registry of Deeds. 

 SCHEDULE 2 (PART II) 

DESCRIPTION OF GROUND LEASE FOR SPRINGFIELD 

Ground Lease by and between MGM Springfield ReDevelopment, LLC, a Massachusetts 121A corporation, as landlord, and Blue Tarp ReDevelopment, LLC, a
Massachusetts limited liability company (“Blue Tarp”), as tenant, dated as of August 8, 2018, (i) as assigned by Blue Tarp to MGM Growth Properties Operating Partnership LP, a Delaware limited partnership (the
“OP”), pursuant to that certain Assignment and Assumption of Ground Lease of even date herewith, (ii) as subsequently assigned by the OP to MGP Lessor Holdings, LLC, a Delaware limited liability company (“Landlord
Holdings”), pursuant to that certain Assignment and Assumption of Ground Lease of even date herewith, and (iii) as subsequently assigned by Landlord Holdings to MGP Lessor, LLC, a Delaware limited liability company, pursuant to that
certain Assignment and Assumption of Ground Lease of even date herewith. 

 SCHEDULE 3 

GAMING LICENSES 
 Blue Tarp reDevelopment,
LLC’s Massachusetts Category 1 Gaming License for Region B

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