Document:

EX-4.13

 EXHIBIT 4.13 

PERFORMANCE SHARE 
 GRANT
NOTICE AND AWARD AGREEMENT 
 Congratulations! As a key leader in our business, you are in a position to have significant influence on
the outcomes that affect our guests and Pinnacle Entertainment, Inc. (the “Company” or “Pinnacle”). I am pleased to inform you that, in recognition of the role you play in our collective success, you have been granted Performance
Shares. This award is subject to the terms and conditions of the 2005 Equity and Performance Incentive Plan, as amended and restated, this Grant Notice and the Performance Share Award Agreement, which are in all events the governing documents for
your Award. The details of this Award are indicated below. 
  

					
	Grantee:	 	  
	 	
	Date of Grant:	 	  
	 	
	Number of Performance Shares:	 	  
	 	
	Performance Period:	 	  
	 	
	Vesting Table, Performance Goals and Vesting Factors:	 	

  

			
	VESTING TABLE1

 

			
	EBITDA PERFORMANCE GOAL
	EBITDA	  	EBITDA Vesting Factor
	$                 	  	      %
	$                 	  	      %
	$                 	  	      %
	$                 	  	      %
	$                 	  	      
%

  

			
	REVENUE ENHANCEMENT PERFORMANCE GOAL
	Revenue Enhancement	  	Revenue Enhancement Vesting Factor
	      %	  	      %
	      %	  	      %
	      %	  	      %
	      %	  	      %
	      %	  	      
%

  

			
	TOTAL SHAREHOLDER RETURN (TSR) PERFORMANCE GOAL
	% of Target	  	TSR Vesting Factor
	Bottom Third	  	      %
	Middle Third	  	      %
	Top Third	  	      %

 The grant of Performance Shares can be a great opportunity for individual wealth creation.
Through your efforts and the efforts of your colleagues in running the business better and maximizing growth opportunities, you have the ability to help increase the value of our Company for all shareholders. 

Thank you for all you do each and every day as a leader and owner of the Company. Our focus on driving profitable revenues, eliminating
non-value added expense and investing our capital prudently is collectively building a much stronger Pinnacle. We are establishing a balanced portfolio of properties as we continue to grow nationally 

 
  

1 “EBITDA” and “Revenue Enhancement” and “Total Shareholder Return” are defined in the Performance Share Award Agreement.

 and internationally, and are well on our way to becoming the BEST CASINO ENTERTAINMENT COMPANY IN THE WORLD. 

It is an exciting time to be part of Pinnacle Entertainment! 

Anthony Sanfilippo 
 Chief
Executive Officer 

 PERFORMANCE SHARE 

AWARD AGREEMENT 
 THIS
PERFORMANCE SHARE AWARD AGREEMENT (together with the above grant notice (the “Grant Notice”), this “Agreement”) is made and entered into as of the date set forth on the Grant Notice by and between Pinnacle
Entertainment, Inc., a Delaware corporation (the “Company”), and the individual identified in the Grant Notice (the “Grantee”). 

A.   Pursuant to the Pinnacle Entertainment, Inc. 2005 Equity and Performance Incentive Plan, as amended and restated (the
“Plan”), the Company’s Compensation Committee (the “Committee”) has determined that it is to the advantage and best interest of the Company to grant Performance Shares to the Grantee in the number set forth in
the Grant Notice, subject to the terms of this Agreement (this “Award”). 
 B.   Capitalized terms used in
this Agreement that are not otherwise defined herein shall have the meanings ascribed to them in the Plan. 
 NOW, THEREFORE, in
consideration of the mutual agreements contained herein, the Grantee and the Company hereby agree as follows: 

1.   Acceptance of Agreement. The Grantee has reviewed all provisions of the Plan and this Agreement. By electronically
accepting this Award according to the instructions provided by the Company’s designated broker, the Grantee agrees that this electronic contract contains the Grantee’s electronic signature, which the Grantee has executed with the intent to
sign and be bound by this Agreement, and that this Award is granted under and governed by the terms and conditions of the Plan and this Agreement. The Grantee hereby agrees to accept as binding, conclusive and final all decisions or interpretations
of the Committee on questions relating to the Plan and this Agreement. 
 2.   Grant and Terms of Performance Shares.

 2.1   Grant of Award. The Performance Shares granted hereunder shall be subject to the terms and provisions of the
Plan and this Agreement. The Grantee shall not be entitled to Dividend Equivalents under Section 12.5 of the Plan with respect to this Award, but the Performance Shares granted hereunder shall be subject to adjustment in accordance with Section 12.2
of the Plan. 
 2.2   Vesting. 

2.2.1   The Grantee may vest in the Performance Shares subject to this Award at the end of the performance period set forth in
the Grant Notice (the “Performance Period”). 
 2.2.2   The Performance Shares granted under this Award shall
vest in accordance with the vesting table set forth in Grant Notice (the “Vesting Table”), subject to the Committee’s certification of the level of attainment of each of the performance goals for the Performance Period, in accordance
with Section 10.4 of the Plan (the “Committee’s Certification”) and to Sections 3 and 5 below. Subject to the Committee’s discretion described below, the number of Performance Shares that vest at the end of the Performance
Period shall be determined by multiplying the total number of Performance Shares granted under this Award by the applicable EBITDA Vesting Factor, Revenue Enhancement Vesting Factor, and TSR Vesting Factor set forth in the Vesting Table based on the
level of attainment of each of the performance goals at the end of the Performance Period, as certified by the Committee. The EBITDA Vesting Factor, Revenue Enhancement Vesting Factor, and TSR Vesting Factor used for purposes of calculating the
number of Performance Shares that vest will be determined by interpolating the applicable figures in the Vesting Table. The number of Performance Shares that vest in a Performance Period pursuant to this Section 2.2.2 shall be referred to herein as
“Vested Performance Shares.” 
 2.2.3   For purposes of the Vesting Table: 

  
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 2.2.3.1   “EBITDA” shall mean on a consolidated basis the
Company’s earnings before interest income and expense, income taxes, depreciation, amortization, pre-opening and development expenses, non-cash share-based compensation, asset impairment costs, write-downs, reserves, recoveries, corporate-level
litigation settlement costs, gain (loss) on sale of certain assets, loss on early extinguishment of debt, gain (loss) on sale of equity security investments, income (loss) from equity method investments, non-controlling interest and discontinued
operations. 
 2.2.3.2   “Revenue Enhancement” shall mean growth in revenues for properties included in the
Company’s forecasts. 
 2.2.3.3   “Total Shareholder Return” shall be calculated in the manner described
in Exhibit A. 
 2.2.3.4   In computing EBITDA, Revenue Enhancement, and Total Shareholder Return of the Company there
shall be excluded the impact of (a) restructurings, discontinued operations and charges for extraordinary items, (b) any event either not directly related to the operations of the Company or not within the reasonable control of the Company
management, or (c) a change in accounting standards required by generally accepted accounting principles. In addition, objective adjustments shall be made in determining EBITDA, Revenue Enhancement, and Total Shareholder Return of the Company for
items that will not properly reflect the Company’s operating segments’ financial performance, such as the write-off of debt issuance costs, or loss on the early extinguishment of debt, pre-opening and development costs, gain or loss from
asset dispositions or the sale of equity securities, severance expenses, costs of share-based compensation, net merger termination gains, asset or other impairment charges, litigation settlement costs, items that have traditionally been excluded by
the Company in its computation of EBITDA, Enhancement, and Total Shareholder Return of the Company for its operating segments, other non-routine items and acquisitions and dispositions occurring during the Performance Period. 

2.2.4   Notwithstanding the foregoing, based upon the Committee’s review of the Company’s performance during the
Performance Period and such other objective or subjective facts and circumstances as the Committee deems relevant or appropriate, the Committee retains the discretion to decrease, but not to increase, the number of Performance Shares that vest at
the end of the Performance Period, even if the performance criteria goals are attained or exceeded. 
 2.2.5   To the extent
that any Performance Shares granted under this Award do not vest pursuant to Section 2.2.2 after the end of the Performance Period, the Grantee shall forfeit and have no further rights with respect to the unvested Performance Shares, and the Company
shall have no obligations with respect to the unvested Performance Shares, including any obligation to make any payment or transfer any Shares with respect the unvested Performance Shares. 

3.   Forfeiture of Performance Shares. Notwithstanding the terms of any other agreement between the Grantee and the
Company, if the Grantee’s Continuous Status as an Employee, Director or Consultant terminates for any reason prior to the last day of the Performance Period, the Grantee shall forfeit and have no further rights with respect to all Performance
Shares granted under this Award (whether or not vested), and the Company shall have no obligations with respect to any Performance Shares granted under this Award (whether or not vested), including any obligation to make any payment or transfer any
Shares with respect those Performance Shares. 
 4.   Settlement of Vested Performance Shares. 

4.1   The Grantee shall be entitled to receive one Share for each Vested Performance Share; provided, however, the Company may
subtract from the Shares transferable to the Grantee pursuant to this Section 4 the whole number of Shares necessary to satisfy any required tax withholding obligations as set forth in Section 6.14 below,

  
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and the remaining whole number of Shares shall be transferred to the Grantee. No fractional Shares shall be issued to the Grantee pursuant to this Award. 

4.2   Shares transferable to the Grantee pursuant this Section 4 shall be transferred to the Grantee on or after the
January 1st and no later than the March 15th immediately following the end of the Performance Period (such period to be referred to
herein as the “Payment Period”), provided that, if the Committee’s certification occurs during the Payment Period, such transfer shall not be later be later than the 30th day
after which the Committee’s Certification occurs. Except as provided in Section 5 below, the Company’s obligation to transfer Shares pursuant to this Award is contingent upon the Committee’s Certification occurring within the Payment
Period, and the Company shall have no obligation to transfer, and the Grantee shall have no right to receive, Shares pursuant to this Award if the Committee’s Certification does not occur during the Payment Period. 

5.   Change of Control. Notwithstanding the foregoing, in the event that a Change of Control (as defined in the Plan)
occurs on or before the end of the Performance Period, the total number of Performance Shares granted under this Award shall become 100% vested immediately prior to the consummation of the Change of Control, and the Shares transferable to the
Grantee pursuant this Section 5 shall be transferred to the Grantee on or after the date on which the Change of Control is consummated but no later than the 5th day immediately following such
date, subject to Section 4.1 above. 
 6.   General. 

6.1   Governing Law. This Agreement shall be governed by and construed under the laws of the State of Delaware applicable
to agreements made and to be performed entirely in Delaware, without regard to the conflicts of law provisions of Delaware or any other jurisdiction. 

6.2   Community Property. Without prejudice to the actual rights of the spouses as between each other, for all purposes
of this Agreement, the Grantee shall be treated as agent and attorney-in-fact for that interest held or claimed by his or her spouse with respect to this Award and the parties hereto shall act in all matters as if the Grantee was the sole owner of
this Award. This appointment is coupled with an interest and is irrevocable. 
 6.3   No Employment Rights. Nothing
herein contained shall be construed as an agreement by the Company or any of its subsidiaries, express or implied, to employ the Grantee or contract for the Grantee’s services, to restrict the Company’s or such subsidiary’s right to
discharge the Grantee or cease contracting for the Grantee’s services or to modify, extend or otherwise affect in any manner whatsoever the terms of any employment agreement or contract for services which may exist between the Grantee and the
Company or any of its subsidiaries. 
 6.4   No Right to Damages. The Grantee will have no right to bring a claim or to
receive damages if any portion of the Grant is forfeited. The loss of existing or potential profit in Awards will not constitute an element of damages in the event of the Grantee’s termination of service for any reason even if the termination
is in violation of an obligation of the Company or a Related Company to the Grantee. 
 6.5   No Rights as Stockholder
until Issuance of Shares. Until the stock certificate evidencing Shares that are issuable pursuant to the settlement of this Award is issued (as evidenced by the an entry on the books of the Company or of a duly authorized transfer agent of the
Company), the Grantee shall have no right to vote or receive dividends or any other rights as a stockholder with respect to the Shares, notwithstanding the vesting of any Performance Shares granted under this Award. 

6.6   Securities Law Compliance. Notwithstanding any other provision of this Agreement, the Grantee may not sell
the Shares acquired upon vesting and issuance of this Award unless such Shares are registered under the Securities Act of 1933, as amended (the “Securities Act”) or, if such Shares are not then so registered, such sale would be exempt from
the registration requirements of the Securities Act. The sale of such Shares must also comply with other applicable laws and regulations governing the Shares, and the Grantee may not sell the Shares if the Company determines that such sale would not
be in material compliance with such laws and regulations. 

  
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 6.7   Application to Other Stock. In the event any capital stock of the
Company or any other corporation shall be distributed on, with respect to, or in exchange for Shares as a stock dividend, stock split, reclassification or recapitalization in connection with any merger or reorganization or otherwise, all
restrictions, rights and obligations set forth in this Agreement shall apply with respect to such other capital stock to the same extent as they are, or would have been applicable, to the Shares on or with respect to which such other capital stock
was distributed. 
 6.8   No Third-Party Benefits. Except as otherwise expressly provided in this Agreement, none of
the provisions of this Agreement shall be for the benefit of, or enforceable by, any third-party beneficiary. 

6.9   Successors and Assigns. Except as provided herein to the contrary, this Agreement shall be binding upon and inure
to the benefit of the parties hereto, their respective successors and permitted assigns. 
 6.10   No Assignment.
Notwithstanding any other provision of this Agreement, the Grantee may not sell, pledge, assign, hypothecate, transfer or dispose of this Award in any manner. This Award shall not be subject to execution, attachment or other process. Notwithstanding
the foregoing, pursuant to Section 12.3 of the Plan, Shares may be issued to the Grantee’s estate in the event of the death of the Grantee. 

6.11   Severability. If any provision of this Agreement is held to be invalid, illegal or unenforceable by any court or
arbitrator of competent jurisdiction, then solely as to such jurisdiction and subject to this Section 6.11, that provision shall be limited (“blue-penciled”) to the minimum extent necessary so that this Agreement shall otherwise remain
enforceable in full force and effect in such jurisdiction and without affecting in any way the enforceability of this Agreement in other jurisdictions. To the extent such provision cannot be so modified, the offending provision shall, solely as to
such jurisdiction, be deemed severable from the remainder of this Agreement, and the remaining provisions contained in this Agreement shall be construed to preserve to the maximum permissible extent the intent and purposes of this Agreement in such
jurisdiction and without affecting in any way the enforceability of this Agreement in other jurisdictions. 

6.12   Equitable Relief. The Grantee acknowledges that, in the event of a threatened or actual breach of any of the
provisions of this Agreement, damages alone will be an inadequate remedy, and such breach will cause the Company great, immediate and irreparable injury and damage. Accordingly, the Grantee agrees that the Company shall be entitled to injunctive and
other equitable relief, and that such relief shall be in addition to, and not in lieu of, any remedies it may have at law or under this Agreement. 

6.13   Arbitration. 

6.13.1   General. Any controversy, dispute, or claim between the parties to this Agreement, including any claim arising
out of, in connection with, or in relation to the formation, interpretation, performance or breach of this Agreement shall be settled exclusively by arbitration, before a single arbitrator, in accordance with this Section 5.13 and the then most
applicable rules of the American Arbitration Association. Judgment upon any award rendered by the arbitrator may be entered by any state or federal court having jurisdiction thereof. Such arbitration shall be administered by the American Arbitration
Association. Arbitration shall be the exclusive remedy for determining any such dispute, regardless of its nature. Notwithstanding the foregoing, either party may in an appropriate matter apply to a court for provisional relief, including a
temporary restraining order or a preliminary injunction, on the ground that the award to which the applicant may be entitled in arbitration may be rendered ineffectual without provisional relief. Unless mutually agreed by the parties otherwise, any
arbitration shall take place in Las Vegas, Nevada. 
 6.13.2   Selection of Arbitrator. In the event the parties are
unable to agree upon an arbitrator, the parties shall select a single arbitrator from a list of nine arbitrators drawn by the parties at random from the “Independent” (or “Gold Card”) list of retired judges or, at the option of
the Grantee, from a list of nine persons (which shall be retired judges or corporate or litigation attorneys experienced in stock options and buy-sell agreements) provided by 

 
the office of the American Arbitration Association having jurisdiction over Las Vegas, Nevada. If the parties are unable to agree upon an arbitrator from the list so drawn, then the parties shall
each strike 

  
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 names alternately from the list, with the first to strike being determined by lot. After each party has used four
strikes, the remaining name on the list shall be the arbitrator. If such person is unable to serve for any reason, the parties shall repeat this process until an arbitrator is selected. 

6.13.3   Applicability of Arbitration; Remedial Authority. This agreement to resolve any disputes by binding arbitration
shall extend to claims against any parent, subsidiary or affiliate of each party, and, when acting within such capacity, any officer, director, stockholder, employee or agent of each party, or of any of the above, and shall apply as well to claims
arising out of state and federal statutes and local ordinances as well as to claims arising under the common law. In the event of a dispute subject to this paragraph the parties shall be entitled to reasonable discovery subject to the discretion of
the arbitrator. The remedial authority of the arbitrator (which shall include the right to grant injunctive or other equitable relief) shall be the same as, but no greater than, would be the remedial power of a court having jurisdiction over the
parties and their dispute. The arbitrator shall, upon an appropriate motion, dismiss any claim without an evidentiary hearing if the party bringing the motion establishes that he or it would be entitled to summary judgment if the matter had been
pursued in court litigation. In the event of a conflict between the applicable rules of the American Arbitration Association and these procedures, the provisions of these procedures shall govern. 

6.13.4   Fees and Costs. Any filing or administrative fees shall be borne initially by the party requesting arbitration.
The Company shall be responsible for the costs and fees of the arbitration, unless the Grantee wishes to contribute (up to 50%) of the costs and fees of the arbitration. Notwithstanding the foregoing, the prevailing party in such arbitration, as
determined by the arbitrator, and in any enforcement or other court proceedings, shall be entitled, to the extent permitted by law, to reimbursement from the other party for all of the prevailing party’s costs (including but not limited to the
arbitrator’s compensation), expenses, and attorneys’ fees. 
 6.13.5   Award Final and Binding. The
arbitrator shall render an award and written opinion, and the award shall be final and binding upon the parties. If any of the provisions of this paragraph, or of this Agreement, are determined to be unlawful or otherwise unenforceable, in whole or
in part, such determination shall not affect the validity of the remainder of this Agreement, and this Agreement shall be reformed to the extent necessary to carry out its provisions to the greatest extent possible and to insure that the resolution
of all conflicts between the parties, including those arising out of statutory claims, shall be resolved by neutral, binding arbitration. If a court should find that the arbitration provisions of this Agreement are not absolutely binding, then the
parties intend any arbitration decision and award to be fully admissible in evidence in any subsequent action, given great weight by any finder of fact, and treated as determinative to the maximum extent permitted by law. 

6.14   Withholding Taxes. The Company has the right to take whatever steps the Company deems necessary or appropriate to
comply with all applicable federal, state, local, and employment tax withholding requirements, and the Company’s obligations to issue Shares upon the settlement of this Award will be conditioned upon compliance with all such withholding tax
requirements. Without limiting the generality of the foregoing, upon the settlement of this Award, the Company will have the right to (i) withhold from the Shares that otherwise would be issued on the settlement of this Award that whole number of
Shares having a Fair Market Value, as of the date the withholding tax liability arises, equal to or less than the amount of the Company’s withholding tax liability, (ii) withhold taxes from any other compensation or other amounts which it may
owe to the Grantee or (iii) require the Grantee to pay to the Company the amount of any taxes which the Company may be required to withhold with respect to the Shares issued on such settlement. Also without limiting the generality of the foregoing,
the Committee in its discretion may authorize the Grantee to satisfy all or part of any withholding tax liability by delivering to the Company previously-owned and unencumbered Shares having a Fair Market Value, as of the date the withholding tax
liability arises, equal to or less than the amount of the Company’s withholding tax liability. 
 6.15   Headings.
The section headings in this Agreement are inserted only as a matter of convenience, and in no way define, limit, extend or interpret the scope of this Agreement or of any particular section. 

 6.16   Number and Gender. Throughout this Agreement, as the context may
require, (a) the masculine gender includes the feminine and the neuter gender includes the masculine and the feminine; (b) the singular tense and number includes the plural, and the plural tense and number includes the singular; (c) the past tense
includes the 

  
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 present, and the present tense includes the past; (d) references to parties, sections, paragraphs and exhibits
mean the parties, sections, paragraphs and exhibits of and to this Agreement; and (e) periods of days, weeks or months mean calendar days, weeks or months. 

6.17   Electronic Delivery and Disclosure. The Company may, in its sole discretion, decide to deliver or disclose, as
applicable, any documents related to this Award granted under the Plan, future Awards that may be granted under the Plan, the prospectus related to the Plan, the Company’s annual reports or proxy statements by electronic means or to request the
Grantee’s consent to participate in the Plan by electronic means. The Grantee hereby consents to receive such documents delivered electronically or to retrieve such documents furnished electronically, as applicable, and agrees to participate in
the Plan through any online or electronic system established and maintained by the Company or another third party designated by the Company. 

6.18   Data Privacy. The Grantee agrees that all of the Grantee’s information that is described or referenced in
this Agreement and the Plan may be used by the Company, its affiliates and the designated broker and its affiliates to administer and manage the Grantee’s participation in the Plan. 

6.19   Acknowledgments of the Grantee. The Grantee has reviewed the Plan and this Agreement in their entirety, has had an
opportunity to obtain the advice of counsel prior to executing this Agreement, fully understands all provisions of the Plan and Agreement and, by accepting the Notice of Grant, acknowledges and agrees to all of the provisions of the Plan and this
Agreement. 
 6.20   Internal Revenue Code Section 409A; Taxation. 

6.20.1   The compensation provided under this Agreement is intended to constitute a short-term deferral within the meaning of
Treasury Regulation Section 1.409A-1(b)(4) and be exempt from the requirements of Section 409A of the Code (“Section 409A”), and this Agreement shall be interpreted and construed in accordance with such intent. Where this Agreement
specifies a payment or settlement (for purposes of this Section 6.20 a “payment”) period, the actual date of payment within such specified period shall be within the sole discretion of the Company, and the Grantee shall have no right
(directly or indirectly) to determine the year in which such payment is made. In the event that the Company determines that any compensation provided hereunder may be subject to the requirement of Section 409A, the Company (without any obligation to
do so or obligation to indemnify the Grantee for any failure to do so) may adopt, without the consent of the Grantee, such amendments to this Agreement or take any other actions that the Company in its sole discretion determines are necessary or
appropriate for such compensation to either (a) be exempt from the requirements of Section 409A or (b) comply with the requirements of Section 409A. 

6.20.2   In the event that any compensation provided under this Agreement is subject to the requirements of Section 409A: 

6.20.2.1   No payment of such compensation that is payable upon the Grantee’s termination of employment shall be made
unless the Grantee’s termination of employment constitutes a “separation from service” within the meaning of Treasury Regulation Section 1.409A-1(h). 

6.20.2.2   With regard to such compensation, if the Grantee is deemed at the time of his separation from service to be a
“specified employee” for purposes of Code Section 409A(a)(2)(B)(i), to the extent delayed commencement of any portion of the compensation to which the Grantee is entitled under this Agreement is required in order to avoid a prohibited
distribution under Code Section 409A(a)(2)(B)(i) (any such delayed commencement, a “Payment Delay”), the payment of such compensation shall not be made to the Grantee prior to the earlier of (1) the expiration of the six-month
period measured from the date of the Grantee’s “separation from service” with the Company or (2) the date of the Grantee’s death. Upon the earlier of such dates, all payments deferred pursuant to the Payment Delay shall be paid
in a lump sum to the Grantee, and the payment of any remaining compensation due under this Agreement shall be made as otherwise set forth herein. The determination of whether the Grantee is a “specified employee” for purposes of Code
Section 409A(a)(2)(B)(i) as of the time of his separation from service shall be made by the Company in accordance with the terms of Code Section 409A and 

  
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 applicable guidance thereunder (including without limitation Treasury Regulation Section 1.409A-1(i) and any
successor provision thereto). 
 6.20.3   In no event does the Company guarantee any particular tax consequences, outcome or
tax liability to the Grantee. No provision of this Agreement shall be interpreted or construed to transfer any liability for failure to comply with the requirements of Section 409A from the Grantee or any other individual to the Company or its
affiliates. 
 6.21   Complete Agreement. The Grant Notice, this Agreement and the Plan constitute the parties’
entire agreement with respect to the subject matter hereof and supersede all agreements, representations, warranties, statements, promises and understandings, whether oral or written, with respect to the subject matter hereof. 

6.22   Waiver of Jury Trial. TO THE EXTENT EITHER PARTY INITIATES LITIGATION INVOLVING THIS AGREEMENT OR ANY ASPECT OF
THE RELATIONSHIP BETWEEN US (EVEN IF OTHER PARTIES OR OTHER CLAIMS ARE INCLUDED IN SUCH LITIGATION), ALL OF THE PARTIES WAIVE THEIR RIGHT TO A TRIAL BY JURY. THIS WAIVER WILL APPLY TO ALL CAUSES OF ACTION THAT ARE OR MIGHT BE INCLUDED IN SUCH
ACTION, INCLUDING CLAIMS RELATED TO THE ENFORCEMENT OR INTERPRETATION OF THIS AGREEMENT, ALLEGATIONS OF STATE OR FEDERAL STATUTORY VIOLATIONS, FRAUD, MISREPRESENTATION, OR SIMILAR CAUSES OF ACTION, AND IN CONNECTION WITH ANY LEGAL ACTION INITIATED
FOR THE RECOVERY OF DAMAGES BETWEEN OR AMONG US OR BETWEEN OR AMONG ANY OF OUR OWNERS, AFFILIATES, OFFICERS, EMPLOYEES OR AGENTS. 

  
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 Exhibit A 

The following is a summary of the total shareholder return, the total shareholder return peer group and the calculation of total shareholder
return: 
  

			
	 Total Shareholder

Return Peer Group  
	  	
●    S&P Leisure Time Services Select Industry Index (SPSILT)

-     Peer companies are fixed at the beginning of the performance period

-     Stock prices and dividends are collected in accordance with methodology employed by S&P’s Research Insight database

-     If two companies in the index merge, only the performance of the surviving/new company is included in the final TSR
calculation
 -     If an index company is acquired by a company outside of the index, the original index company is excluded from
the final TSR calculation
 -     If an index company becomes insolvent during the period it will remain in the index and be
included at the bottom of the percentile ranking

	 Total Shareholder

Return Calculation          
	  	
●    Starting and Ending Stock Prices

-     30-day calendar average stock price used for Pinnacle and index companies to compute beginning and ending stock prices

●    Final TSR Calculation

-     [(Final stock price – beginning stock price) + accumulated dividends] / beginning stock price

  
 10EX-4.14

 EXHIBIT 4.14 
  

PINNACLE ENTERTAINMENT, INC. 

RESTRICTED STOCK UNIT GRANT NOTICE 

(2005 Equity and Performance Incentive Plan) 

Pinnacle Entertainment, Inc. (the “Company”), pursuant to its 2005 Equity and Performance Incentive Plan (the “Plan”),
hereby grants to Grantee a restricted stock unit award (“Award”). The Award is subject to the terms and conditions of the Plan, this grant notice, the attached Restricted Stock Unit Award Agreement, and the Grantee’s employment
agreement (the “Employment Agreement”), which are in all events the governing documents for the Award. The Award is an “Other Stock Unit Award” under the Plan. The details of the Award are indicated below. 

 

					
	Grantee:	 	  
	  	
	Date of Grant:	 	  
	  	
	 Covered Shares of Common

Stock:
	 	  
	  	
	Vesting Date:	 	  
	  	

 RESTRICTED STOCK UNIT AWARD AGREEMENT 

THIS RESTRICTED STOCK UNIT AWARD AGREEMENT (together with the above grant notice (the “Grant Notice”), the
“Agreement”) is made and entered into as of the date set forth on the Grant Notice by and between the Company, and the individual (the “Grantee”) set forth on the Grant Notice. 

A.    Pursuant to the Pinnacle Entertainment, Inc. 2005 Equity and Performance Incentive Plan (the
“Plan”), the Compensation Committee (the “Committee”) has determined that it is to the advantage and best interest of the Company to grant to the Grantee this award of restricted stock units (the
“Award”) covering the number of shares of the Common Stock of the Company (the “Shares”) set forth on the Grant Notice and in all respects subject to the terms, definitions and provisions of the Plan, the Grant
Notice, this Agreement, and the employment agreement with the Company (the “Employment Agreement”), each of which is incorporated herein by reference. 

B.    Unless otherwise defined herein, capitalized terms used in this Agreement shall have the meanings ascribed to them in
the Employment Agreement or as set forth in the Plan. In the event of a conflict, the terms of the Employment Agreement shall control the interpretation of the meaning of the defined terms used in this Agreement. 

NOW, THEREFORE, in consideration of the mutual agreements contained herein, the Grantee and the Company hereby agree as follows: 

1. Acceptance of Agreement. Grantee has reviewed the Plan and this Agreement, and all provisions of the Plan and Agreement. By electronically accepting
this Award according to the instructions provided by the Company’s designated broker, Grantee agrees that this electronic contract contains Grantee’s electronic signature, which Grantee has executed with the intent to sign this Agreement,
and that this Award is granted under and governed by 

 
the terms and conditions of the Plan and this Agreement. Grantee hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Committee on questions relating
to the Plan and this Agreement. 
 2. Grant of Award. The Award granted hereunder is an “Other Stock Unit Award” under the Plan, and shall
be subject to the terms and provisions of the Plan, the Grant Notice, this Agreement, and the Employment Agreement. The Award shall not be entitled to Dividend Equivalents under Section 12.5 of the Plan, but shall be subject to adjustment in
accordance with Section 12.2 of the Plan. 
 3. Vesting. The Award shall vest on the Vesting Date set forth in the Grant Notice (the “the
Vesting Date”); provided that the following shall apply in the event of Grantee’s termination prior to the Vesting Date: 
  

	3.1.	If Grantee’s employment terminates pursuant to Section 6.5.3 or Section 6.5.4 of the Employment Agreement prior to the Vesting Date and, if applicable, the conditions in Section 6.9 of the Employment Agreement are
satisfied, the Award shall become fully vested (a) in the case of a termination due to death pursuant to Section 6.5.3, upon the date of termination, and (b) in the case of a termination pursuant to Section 6.5.3 (other than due to death) or Section
6.5.4, as applicable, either (i) on the date the release described in Section 6.9 of the Employment Agreement becomes irrevocable, or (ii) if the Company fails to deliver the release described in Section 6.9 of the Employment Agreement to Grantee
within 14 days after the date Grantee’s employment terminates, on the date 14 days after the date Grantee’s employment terminates; 

  

	3.2.	If Grantee’s employment terminates pursuant to Section 6.5.2 of the Employment Agreement prior to the Vesting Date and the conditions in Section 6.9 of the Employment Agreement are satisfied, a prorated portion of
the Award (determined by multiplying the total number of restricted stock units subject to the Award by a fraction, the numerator of which is the number of days from the Date of Grant up to but not including the date of the termination of
Grantee’s employment and the denominator of which is one thousand ninety-six (1,096)) shall become vested either (i) on the date the release described in Section 6.9 of the Employment Agreement becomes irrevocable, or (ii) if the Company fails
to deliver the release described in Section 6.9 of the Employment Agreement to Grantee within 14 days after the date Grantee’s employment terminates, on the date 14 days after the date Grantee’s employment terminates; and

  

	3.3.	If Grantee’s employment terminates prior to the Vesting Date for any reason not described in Section 3.2 or 3.3 above, the Award shall cease vesting as of the date of termination and, if not vested as of the date
of termination, shall immediately be forfeited. 

 4. Settlement and Transfer of Shares. This Award shall be settled by the Company by
the issuance and delivery of Shares (including by book entry) on the first business day following the Vesting Date (the “Settlement Date”); provided, however, 

that if the Grantee’s employment terminates for any reason prior to the Vesting Date and the settlement of the Award constitutes a payment of deferred
compensation upon a “separation from service” within the meaning of Treasury Regulations Section 1.409A-1(h), the Award shall be settled on the 70th day following such separation
from service. Any issuance of Shares shall be made only in whole Shares, and any fractional shares shall be distributed in an equivalent cash amount. Such distributed Shares shall be registered in the name of the Grantee (or if applicable, the
Beneficiaries of the Grantee) and distributed to the Grantee (or if applicable, the Beneficiaries of the Grantee) on the distribution date(s) described above. For the avoidance of doubt, if Grantee’s employment terminates (a) for any 

 
reason other than for Cause (as defined in the Employment Agreement) after the Vesting Date and before the Settlement Date, Grantee shall remain entitled to receive Shares with respect to the
Award pursuant to this Section 4, and (b) for Cause (as defined in the Employment Agreement) before the Settlement Date, the Award, whether or not then vested, shall immediately be forfeited and no Shares shall be delivered. 

5. General. 
 5.1. Governing Law.
This Agreement shall be governed by and construed under the laws of the State of Delaware applicable to agreements made and to be performed entirely in Delaware, without regard to the conflicts of law provisions of Delaware or any other
jurisdiction. 
 5.2. Community Property. Without prejudice to the actual rights of the spouses as between each other, for all
purposes of this Agreement, the Grantee shall be treated as agent and attorney-in-fact for that interest held or claimed by his or her spouse with respect to this Award and the parties hereto shall act in all matters as if the Grantee was the sole
owner of this Award. This appointment is coupled with an interest and is irrevocable. 
 5.3. No Employment Rights. Nothing herein
contained shall be construed as an agreement by the Company or any of its subsidiaries, express or implied, to employ the Grantee or contract for the Grantee’s services, to restrict the Company’s or such subsidiary’s right to
discharge the Grantee or cease contracting for the Grantee’s services or to modify, extend or otherwise affect in any manner whatsoever the terms of any employment agreement or contract for services which may exist between the Grantee and the
Company or any of its subsidiaries. 
 5.4. Application to Award. In the event any capital stock of the Company or any other
corporation shall be distributed on, with respect to, or in exchange for shares of Common Stock as a stock dividend, stock split, reclassification or recapitalization in connection with any merger or reorganization or otherwise, all restrictions,
rights and obligations set forth in this Agreement shall apply with respect to such other capital stock to the same extent as they are, or would have been applicable, to the Shares on or with respect to which such other capital stock was
distributed. 
 5.5. No Third-Party Benefits. Except as otherwise expressly provided in this Agreement, none of the provisions of
this Agreement shall be for the benefit of, or enforceable by, any third-party beneficiary. 
 5.6. Successors and Assigns. Except as
provided herein to the contrary, this Agreement shall be binding upon and inure to the benefit of the parties, their respective successors and permitted assigns. 

5.7. No Assignment. Except as otherwise provided in this Agreement, the Grantee may not assign any of his, her or its rights under this
Agreement without the prior written consent of the Company, which consent may be withheld in its sole discretion. The Company shall be permitted to assign its rights or obligations under this Agreement, but no such assignment shall release the
Company of any obligations pursuant to this Agreement. 
 5.8. Severability. The validity, legality or enforceability of the
remainder of this Agreement shall not be affected even if one or more of the provisions of this Agreement shall be held to be invalid, illegal or unenforceable in any respect. 

5.9. Equitable Relief. The Grantee acknowledges that, in the event of a threatened or actual breach of any of the provisions of this
Agreement, damages alone will be an inadequate remedy, and such breach will cause the Company great, immediate and irreparable injury and damage. Accordingly, the Grantee agrees that the Company 

 
shall be entitled to injunctive and other equitable relief, and that such relief shall be in addition to, and not in lieu of, any remedies it may have at law or under this Agreement. 

5.10. Arbitration. 

5.10.1. General. Any controversy, dispute, or claim between the parties to this Agreement, including any claim arising out of, in
connection with, or in relation to the formation, interpretation, performance or breach of this Agreement shall be settled exclusively by arbitration, before a single arbitrator, in accordance with this Section 5.10 and the then most 

applicable rules of the American Arbitration Association. Judgment upon any award rendered by the arbitrator may be entered by any state or federal court
having jurisdiction thereof. Such arbitration shall be administered by the American Arbitration Association. Arbitration shall be the exclusive remedy for determining any such dispute, regardless of its nature. Notwithstanding the foregoing, either
party may in an appropriate matter apply to a court for provisional relief, including a temporary restraining order or a preliminary injunction, on the ground that the award to which the applicant may be entitled in arbitration may be rendered
ineffectual without provisional relief. Unless mutually agreed by the parties otherwise, any arbitration shall take place in the City of Las Vegas, Nevada. 

5.10.2. Selection of Arbitrator. In the event the parties are unable to agree upon an arbitrator, the parties shall select a single
arbitrator from a list of nine arbitrators drawn by the parties at random from the “Independent” (or “Gold Card”) list of retired judges or, at the option of the Grantee, from a list of nine persons (which shall be retired judges
or corporate or litigation attorneys experienced in stock incentives and buy-sell agreements) provided by the office of the American Arbitration Association having jurisdiction over Las Vegas, Nevada. If the parties are unable to agree upon an
arbitrator from the list so drawn, then the parties shall each strike names alternately from the list, with the first to strike being determined by lot. After each party has used four strikes, the remaining name on the list shall be the arbitrator.
If such person is unable to serve for any reason, the parties shall repeat this process until an arbitrator is selected. 
 5.10.3.
Applicability of Arbitration; Remedial Authority. This agreement to resolve any disputes by binding arbitration shall extend to claims against any parent, subsidiary or affiliate of each party, and, when acting within such capacity, any
officer, director, stockholder, employee or agent of each party, or of any of the above, and shall apply as well to claims arising out of state and federal statutes and local ordinances as well as to claims arising under the common law. In the event
of a dispute subject to this paragraph the parties shall be entitled to reasonable discovery subject to the discretion of the arbitrator. The remedial authority of the arbitrator (which shall include the right to grant injunctive or other equitable
relief) shall be the same as, but no greater than, would be the remedial power of a court having jurisdiction over the parties and their dispute. The arbitrator shall, upon an appropriate motion, dismiss any claim without an evidentiary hearing if
the party bringing the motion establishes that he or it would be entitled to summary judgment if the matter had been pursued in court litigation. In the event of a conflict between the applicable rules of the American Arbitration Association and
these procedures, the provisions of these procedures shall govern. 
 5.10.4. Fees and Costs. Any filing or administrative fees shall
be borne initially by the party requesting arbitration. The Company shall be responsible for the costs and fees of the arbitration, unless the Grantee wishes to contribute (up to 50%) of the costs and fees of the arbitration. Notwithstanding the
foregoing, the prevailing party in such arbitration, as determined by the arbitrator, and in any enforcement or other court proceedings, shall be entitled, 

 
to the extent permitted by law, to reimbursement from the other party for all of the prevailing party’s costs (including but not limited to the arbitrator’s compensation), expenses, and
attorneys’ fees. 
 5.10.5. Award Final and Binding. The arbitrator shall render an award and written opinion, and the award
shall be final and binding upon the parties. If any of the provisions of this paragraph, or of this Agreement, are determined to be unlawful or otherwise unenforceable, in whole or in part, such determination shall not affect the validity of the
remainder of this Agreement, and this Agreement shall be reformed to the extent necessary to carry out its provisions to the greatest extent possible and to insure that the resolution of all conflicts between the parties, including those arising out
of statutory claims, shall be resolved by neutral, binding arbitration. If a court should find that the arbitration provisions of this Agreement are not absolutely binding, then the parties intend any arbitration decision and award to be fully
admissible in evidence in any subsequent action, given great weight by any finder of fact, and treated as determinative to the maximum extent permitted by law. 

5.11. Section 409A. The Plan and this Award shall be interpreted in compliance with Section 409A of the Internal Revenue Code of 1986,
as amended, and the regulations thereunder (“Section 409A”). In the event that any compensation with respect to the Grantee’s separation from service is “deferred compensation” within the meaning of Section 409A, the stock
of the Company or any affiliate is publicly traded on an established securities market or otherwise, and the Grantee is determined to be a “specified employee,” as defined in Section 409A(a)(2)(B)(i) of the Code, transfer of the Shares
covered by the Award shall be delayed as required by Section 409A. Such delay shall last six months from the date of the Grantee’s separation from service, except in the event of Executive’s death. For all purposes of the Award, references
herein to “termination” of Continuous Status as an Employee, Director or Consultant or other terms of similar import shall in each case mean and require a “separation from service” within the meaning of Section 409A. Grantee
shall have no right directly or indirectly to designate the taxable year of payment. Until the transfer of Shares under Section 4 hereof, the Award represents only an unsecured and unfunded promise to deliver the Shares in the future, and the rights
of the Grantee against the Company shall be only those of an unsecured creditor. 
  

5.12. Withholding Taxes. The Company has the right to take whatever steps the Company deems necessary or appropriate to comply with all
applicable federal, state, local, and employment tax withholding requirements, and the Company’s obligations to deliver shares of Common Stock upon the settlement of this Award will be conditioned upon compliance with all such withholding tax
requirements. Without limiting the generality of the foregoing, upon the settlement of this Award, the Company will have the right to withhold taxes from any other compensation or other amounts which it may owe to the Grantee, or to require the
Grantee to pay to the Company the amount of any taxes which the Company may be required to withhold with respect to the shares issued on such exercise. Without limiting the generality of the foregoing, the Committee in its discretion may authorize
the Grantee to satisfy all or part of any withholding tax liability by (a) having the Company withhold from the shares of Common Stock which would otherwise be issued on the settlement of an Award that number of shares having a Fair Market Value, as
of the date the withholding tax liability arises, equal to or less than the amount of the Company’s withholding tax liability, or (b) by delivering to the Company previously-owned and unencumbered shares of the Common Stock having a Fair Market
Value, as of the date the withholding tax liability arises, equal to or less than the amount of the Company’s withholding tax liability. 

5.13. Headings. The section headings in this Agreement are inserted only as a matter of convenience, and in no way define, limit,
extend or interpret the scope of this Agreement or of any particular section. 

 5.14. Number and Gender. Throughout this Agreement, as the context may require, (a) the
masculine gender includes the feminine and the neuter gender includes the masculine and the feminine; (b) the singular tense and number includes the plural, and the plural tense and number includes the singular; (c) the past tense includes the
present, and the present tense includes the past; (d) references to parties, sections, paragraphs and exhibits mean the parties, sections, paragraphs and exhibits of and to this Agreement; and (e) periods of days, weeks or months mean calendar days,
weeks or months. 
 5.15. Electronic Delivery and Disclosure. The Company may, in its sole discretion, decide to deliver or disclose,
as applicable, any documents related to this Award granted under the Plan, future awards that may be granted under the Plan, the prospectus related to the Plan, the Company’s annual reports or proxy statements by electronic means or to request
Grantee’s consent to participate in the Plan by electronic means. Grantee hereby consents to receive such documents delivered electronically or to retrieve such documents furnished electronically, as applicable, and agrees to participate in the
Plan through any online or electronic system established and maintained by the Company or another third party designated by the Company. 

5.16. Data Privacy. Grantee agrees that all of Grantee’s information that is described or referenced in this Agreement and the
Plan may be used by the Company, its affiliates and the designated broker and its affiliates to administer and manage Grantee’s participation in the Plan. 

5.17. Acknowledgments of Grantee. Grantee has reviewed the Plan, this Agreement and the Employment Agreement in their entirety, has had
an opportunity to obtain the advice of counsel prior to executing this Agreement, fully understands all provisions of the Plan and Agreement and, by accepting the Notice of Grant, acknowledges and agrees to all of the provisions of the Plan and this
Agreement. 
 5.18. Complete Agreement. The Grant Notice, this Agreement, the Employment Agreement and the Plan constitute the
parties’ entire agreement with respect to the subject matter hereof and supersede all agreements, representations, warranties, statements, promises and understandings, whether oral or written, with respect to the subject matter hereof. 

5.19. Waiver of Jury Trial. TO THE EXTENT EITHER PARTY INITIATES LITIGATION INVOLVING THIS AGREEMENT OR ANY ASPECT OF THE RELATIONSHIP
BETWEEN US (EVEN IF OTHER PARTIES OR OTHER CLAIMS ARE INCLUDED IN SUCH LITIGATION), ALL OF THE PARTIES WAIVE THEIR RIGHT TO A TRIAL BY JURY. THIS WAIVER WILL APPLY TO ALL CAUSES OF ACTION THAT ARE OR MIGHT BE INCLUDED IN SUCH ACTION, INCLUDING
CLAIMS RELATED TO THE ENFORCEMENT OR INTERPRETATION OF THIS AGREEMENT, ALLEGATIONS OF STATE OR FEDERAL STATUTORY VIOLATIONS, FRAUD, MISREPRESENTATION, OR SIMILAR CAUSES OF ACTION, AND IN CONNECTION WITH ANY LEGAL ACTION INITIATED FOR THE RECOVERY OF
DAMAGES BETWEEN OR AMONG US OR BETWEEN OR AMONG ANY OF OUR OWNERS, AFFILIATES, OFFICERS, EMPLOYEES OR AGENTS.

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