Document:

Exhibit 10.2

 

FIRST AMENDMENT TO

HEAD LEASE AGREEMENT BETWEEN

THE SENECA NATION OF INDIANS

AND

SENECA TERRITORY GAMING CORPORATION

 

THIS FIRST
AMENDMENT TO HEAD LEASE AGREEMENT (this “Amendment”) is made by and between THE SENECA NATION OF INDIANS (the “Landlord”) and SENECA TERRITORY GAMING CORPORATION (“Tenant”) as of the 1st
day of October, 2007 (the “Effective Date”).

 

WHEREAS, Landlord and Tenant are parties to that
certain Head Lease Agreement dated February 28, 2007, and effective May 1,
2004 (the “Head Lease Agreement”), pursuant to which Tenant leases from
Landlord land on Landlord’s Allegany Territory for use as the site for the
Seneca Allegany Casino and Hotel; and

 

WHEREAS, the parties desire to amend the Head
Lease Agreement to modify the Annual Rent described therein, in accordance with
the terms and conditions hereof.

 

NOW, THEREFORE, in consideration of the mutual covenants
and agreements set forth herein and for such other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged,
the parties hereto, intending to be legally bound, agree as follows:

 

1.                                      The foregoing recitals are restated and
incorporated herein by reference and made a part hereof as though fully set
forth herein.

 

2.                                      Section 2.01(a) of the Head
Lease Agreement is hereby deleted in its entirety and replaced with the
following:

 

(a)          Rent.  Commencing as
of October 1, 2007, Tenant shall pay directly to the Landlord, or Landlord’s
representative if Tenant is so notified, annual rent (“Annual Rent”) in
the amount of Twenty Million Three Hundred Thousand Dollars ($20,300,000.00) in
equal monthly installments of One Million Six Hundred Ninety-One Thousand Six
Hundred Sixty-Six Dollars and Sixty-Seven Cents ($1,691,666.67) in advance on
the first day of each calendar month.  The
Annual Rent may increase upon agreement of the parties, provided that no
increase in Annual Rent hereunder may contravene, or constitute a default
under, any agreement, indenture, instrument or other commitment legally binding
upon Landlord and/or Tenant, or to which the Premises are subject (“Commitments”).  Any proposed increase to the prior year’s
Annual Rent shall be jointly reviewed by Landlord and Tenant for consistency
with then-applicable Commitments, with any such increase to be confirmed by the
parties in writing prior to its effectiveness. 
The delay or failure of either party in computing the Annual Rent
increase or executing a written statement of confirmation of such Annual Rent
increase will not impair the continuing obligation of Tenant to pay Annual
Rent.  All amounts payable by Tenant
pursuant to this Lease Agreement, including, without 

 

1

 

limiting the foregoing, Annual Rent, and any other sums, costs,
expenses or deposits that Tenant in any of the provisions of this Lease
Agreement assumes or agrees to pay and/or deposit, shall constitute “Rent”
under this Lease.

 

3.                                      Capitalized terms not otherwise defined
herein are defined in the Head Lease Agreement. 
Except as amended by this Amendment, all other terms and conditions of
Head Lease the Agreement are hereby ratified and confirmed in all respects.  This Amendment may be executed in
counterparts, each of which shall be deemed to be an original, but both of
which when taken together shall constitute one and the same instrument.  This Agreement will become effective when one
or more counterparts have been signed by each party and delivered to the other
party.

 

 

[Signature Page Follows]

 

2

 

IN WITNESS WHEREOF, the parties hereto have caused this
Amendment to be executed and delivered as of the date first written above.

 

	
   

  	
  SENECA NATION OF INDIANS

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Maurice A.
  John, Sr.

  
	
   

  	
  Name:

  	
  Maurice A.
  John, Sr.

  
	
   

  	
  Title:

  	
  President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  SENECA
  TERRITORY GAMING 

  
	
   

  	
  CORPORATION

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ E. Brian Hansberry

  
	
   

  	
  Name:

  	
  E. Brian Hansberry

  
	
   

  	
  Title:

  	
  President and CEO

  

 

 

[Signature Page to
First Amendment to Head Lease Agreement]

 

3Exhibit 10.3

 

FIRST AMENDMENT TO

HEAD LEASE AGREEMENT BETWEEN

THE SENECA NATION OF INDIANS

AND

SENECA ERIE GAMING CORPORATION

 

THIS FIRST
AMENDMENT TO HEAD LEASE AGREEMENT (this “Amendment”) is made by and between THE SENECA NATION OF INDIANS (the “Landlord”) and SENECA ERIE GAMING CORPORATION (“Tenant”) as of the 1st day
of October, 2007 (the “Effective Date”).

 

WHEREAS, Landlord and Tenant are parties to that
certain Head Lease Agreement dated February 28, 2007, and effective April 1,
2006 (the “Head Lease Agreement”), pursuant to which Tenant leases from
Landlord land on Landlord’s Buffalo Creek Territory for use as the site for the
Seneca Buffalo Creek Casino; and

 

WHEREAS, the parties desire to amend the Head
Lease Agreement to modify the Annual Rent described therein, in accordance with
the terms and conditions hereof.

 

NOW, THEREFORE, in consideration of the mutual covenants
and agreements set forth herein and for such other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged,
the parties hereto, intending to be legally bound, agree as follows:

 

1.                                      The foregoing recitals are restated and
incorporated herein by reference and made a part hereof as though fully set
forth herein.

 

2.                                      Section 2.01(a) of the Head Lease
Agreement is hereby deleted in its entirety and replaced with the following:

 

(a)          Rent.  Commencing as
of October 1, 2007, Tenant shall pay directly to the Landlord, or Landlord’s
representative if Tenant is so notified, annual rent (“Annual Rent”) in
the amount of Seventeen Million Three Hundred Thousand Dollars ($17,300,000.00)
in equal monthly installments of One Million Four Hundred Forty-One Thousand
Six Hundred Sixty-Six Dollars and Sixty-Seven Cents ($1,441,666.67) in advance
on the first day of each calendar month. 
The Annual Rent may increase upon agreement of the parties, provided
that no increase in Annual Rent hereunder may contravene, or constitute a
default under, any agreement, indenture, instrument or other commitment legally
binding upon Landlord and/or Tenant, or to which the Premises are subject (“Commitments”).  Any proposed increase to the prior year’s
Annual Rent shall be jointly reviewed by Landlord and Tenant for consistency
with then-applicable Commitments, with any such increase to be confirmed by the
parties in writing prior to its effectiveness. 
The delay or failure of either party in computing the Annual Rent
increase or executing a written statement of confirmation of such Annual Rent
increase will not impair the continuing obligation of Tenant to pay Annual
Rent.  All amounts payable by Tenant
pursuant to this Lease Agreement, including, without 

 

1

 

limiting the foregoing, Annual Rent, and any other sums, costs,
expenses or deposits that Tenant in any of the provisions of this Lease
Agreement assumes or agrees to pay and/or deposit, shall constitute “Rent”
under this Lease.

 

3.                                      Capitalized terms not otherwise defined
herein are defined in the Head Lease Agreement. 
Except as amended by this Amendment, all other terms and conditions of
Head Lease the Agreement are hereby ratified and confirmed in all respects.  This Amendment may be executed in
counterparts, each of which shall be deemed to be an original, but both of
which when taken together shall constitute one and the same instrument.  This Agreement will become effective when one
or more counterparts have been signed by each party and delivered to the other
party.

 

 

[Signature Page Follows]

 

2

 

IN WITNESS WHEREOF, the parties hereto have caused this
Amendment to be executed and delivered as of the date first written above.

 

	
   

  	
  SENECA NATION OF INDIANS

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Maurice A.
  John, Sr.

  
	
   

  	
  Name:

  	
  Maurice A.
  John, Sr.

  
	
   

  	
  Title:

  	
  President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  SENECA
  ERIE GAMING 

  
	
   

  	
  CORPORATION

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ E. Brian Hansberry

  
	
   

  	
  Name:

  	
  E. Brian Hansberry

  
	
   

  	
  Title:

  	
  President and CEO

  

 

 

[Signature Page to
First Amendment to Head Lease Agreement]

 

3Exhibit
10.1

 

CONCEPTUS,
INC.

 

RTS
EQUITY PLAN

 

STOCK
APPRECIATION RIGHT AGREEMENT

 

 

Grant Notice

 

Conceptus, Inc.
(the “Company”) hereby grants you, Robert Todd
Sloan (the “Employee”), a Stock Appreciation Right (a “SAR”) under the
Company’s RTS Equity
Plan (the “Plan”), the terms of which are hereby incorporated by
reference.  The effective date of this
Stock Appreciation Right Agreement, which includes Appendix A attached
hereto and incorporated herein (the “Agreement”), is March 10, 2008 (the “Grant Date”).  Subject to the remaining terms of this
Agreement and of the Plan, the principal features of this award are as follows:

 

 

Number
of Shares subject to the SAR:  100,000

 

Exercise Price per Share: $ 16.65

 

Vesting Commencement Date: Feb 21, 2008

 

Vesting
of the SAR:   The SAR
will vest according to the following schedule (the “Vesting Schedule”):

 

This SAR shall vest and
become exercisable with respect to one-eighth (1/8th) of the Shares subject
thereto on the six-month anniversary of the Vesting Commencement Date set forth
above, and shall become vested and exercisable with respect to 1/48th of the
Shares subject thereto each month thereafter, subject to the Employee
continuing to be a Service Provider from the date hereof through such dates.

 

Unless otherwise defined herein or in Appendix A,
capitalized terms herein or in Appendix A shall have the defined meanings
ascribed to them in the Plan.

 

Your signature below indicates your agreement and
understanding that this SAR is subject to all of the terms and conditions
contained in this Agreement (including Appendix A) and the Plan.  For example, important additional information
on the vesting, exercise and forfeiture of the SAR is contained in
Paragraphs 4 through 6 of Appendix A.  PLEASE BE SURE TO READ ALL OF APPENDIX A,
WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS AGREEMENT.

 

	
  CONCEPTUS, INC.

  	
   

  	
  EMPLOYEE

  
	
   

  	
   

  	
   

  
	
  /s/
  Greg Lichtwardt

  	
   

  	
  /s/
  Robert Todd Sloan

  
	
  By: Greg Lichtwardt

  	
   

  	
  Robert Todd Sloan

  
	
  Its: Executive Vice President

  	
   

  	
  Address: 34 Fairway Lane

  
	
   

  	
   

  	
  Medway,
  MA 02053

  
	
   

  	
   

  	
   

  
	
  Date:

  	
  3/31/08

  	
   

  	
  Date:

  	
  3/31/08

  
					

 

 

 

APPENDIX A

 

TERMS AND CONDITIONS OF
STOCK APPRECIATION RIGHT

 

1.                                       Grant.  The Company hereby grants to the Employee
under the Plan a SAR for that number of
Shares set forth on the first page of this Agreement subject to all
of the terms and conditions in this Agreement and the Plan.

 

2.                                       Plan Governs.  The SAR is granted pursuant to, and the terms
of this Agreement are subject to, all terms and provisions of the Plan,
including without limitation Section 17 of the Plan.  In the event of a conflict between one or
more provisions of this Agreement and one or more provisions of the Plan, the
provisions of the Plan will govern.

 

3.                                       Company’s
Obligation to Pay.  Each SAR
has a value equal to the difference between the Fair Market Value of a Share
and the Exercise Price per Share (set forth on the first page of this
Agreement) on the date the SAR is exercised. 
Unless and until the SAR will have vested in the manner set forth in
paragraph 4, the Employee will have no right to payment of the SAR.  Prior to actual payment of any vested SAR,
such SAR will represent an unsecured obligation of the Company, payable (if at
all) only from the general assets of the Company.

 

4.                                       Vesting
Schedule.  Subject to
paragraph 5, the SAR awarded by this Agreement will vest in the Employee
according to the Vesting Schedule set forth on the first page of this
Agreement, subject to the Employee’s continuing to be a Service Provider
through such vesting period(s) or date(s).

 

5.                                       Exercise and
Term.

 

(a)                                  The SAR may be
exercised by the Employee (or in the event of the Employee’s death by the
Employee’s estate) during its term only to the extent vested.  Any portion of the SAR in which the Employee
is vested shall be exercisable until the earlier of the following (the “Expiration
Date”):

 

                                                (i) Twelve
(12) months following the date the Employee ceases to be a Service Provider by
reason of death or as a result of total and permanent disability as defined in Section 22(e)(3) of
the Code;

 

                                                (ii) 
Ninety (90) days following the date the Employee ceases to be a Service
Provider for any reason other than death or as a result of total and permanent
disability as defined in Section 22(e)(3) of the Code; or

 

                                                (iii)  the
tenth anniversary of the Grant Date.

 

(b)                                 Any exercisable
portion of the SAR may be exercised in whole or in part at any time prior to
the time when the SAR becomes unexercisable under Section 5(a).

 

(c)                                  Any vested SAR
or portion of a SAR not exercised prior to its Expiration Date will be
forfeited and will terminate.

 

(d)                                 A vested SAR or
portion of a SAR may be exercised by completing a Stock Appreciation Right
Exercise Notice in the form attached hereto as Exhibit A and 

 

 

 

returning it to Greg
Lichtwardt prior to its Expiration Date. 
The SAR may not be exercised more than once with respect to any Share
related thereto.

 

6.                                       Payment.

 

                                                (a)                                  The Company
will settle the exercise of all or any portion of the SAR in whole Shares,
within ten (10) days following such exercise.

 

                                                (b)                                 To the extent
determined appropriate by the Company, any federal, state and local withholding
taxes with respect to such exercise will be paid by reducing the amount of cash
or the number of Shares actually paid to the Employee.

 

7.                                       Rights as
Stockholder.  Neither the
Employee nor any person claiming under or through the Employee will have any of
the rights or privileges of a stockholder of the Company in respect of any
Shares deliverable upon exercise of the SAR unless and until certificates
representing such Shares will have been issued, recorded on the records of the
Company or its transfer agents or registrars, and delivered to the Employee.

 

8.                                       No Effect on
Employment.  This
Agreement is not an employment contract, and nothing herein shall be deemed to
create in any way whatsoever any obligation on the Employee’s part to continue
in the service of the Company, or of the Company to continue the Employee’s
service with the Company.  The Employee’s
employment with the Company and its Subsidiaries is on an at-will basis
only.  The Company or the Subsidiary
employing the Employee (as the case may be) will have the right, which is
hereby expressly reserved, to terminate or change the terms of the employment
of the Employee at any time for any reason whatsoever, with or without good
cause.

 

9.                                       Address for
Notices.  Any notice to be given to the
Company under the terms of this Agreement will be addressed to the Company at
331 East Evelyn Avenue, Mountain View, California  94041, Attn: 
Greg Lichtwardt, or at such other address as the Company may hereafter
designate in writing.  Any notices
provided for in this Agreement or the Plan shall be given in writing and shall
be deemed effectively given upon receipt or, in the case of notices delivered
by the Company to the Employee, five (5) days after deposit in the United
States mail, postage prepaid, addressed to the Employee at the address
specified on the first page of this Agreement or at such other address as
the Employee may hereafter designate by written notice to the Company.

 

10.                                 Grant is Not
Transferable.  Except to
the limited extent provided in paragraph 5, this grant and the rights and
privileges conferred hereby, including without limitation the Shares issuable
upon exercise of the SAR, will not be transferred, assigned, pledged or
hypothecated in any way (whether by operation of law or otherwise) and will not
be subject to sale under execution, attachment or similar process until, with
respect to whole Shares issuable following the exercise of the SAR, such Shares
are issued pursuant to Paragraph 6 above. 
Upon any attempt to transfer, assign, pledge, hypothecate or otherwise
dispose of this grant, or any right or privilege conferred hereby, or upon any
attempted sale under any execution, attachment or similar process, this grant
and the rights and privileges conferred hereby immediately will become null and
void.

 

11.                                 Binding
Agreement.  Subject to
the limitation on the transferability of this grant contained herein, this
Agreement will be binding upon and inure to the benefit of the heirs, legatees,
legal representatives, successors and assigns of the parties hereto.

 

 

 

12.                                 Additional
Conditions to Issuance of Stock.  If at any time the Company will determine, in
its discretion, that the listing, registration or qualification of the Shares
upon any securities exchange or under any state or federal law, or the consent
or approval of any governmental regulatory authority is necessary or desirable
as a condition to the issuance of Shares to the Employee (or Employee’s
estate), such issuance will not occur unless and until such listing,
registration, qualification, consent or approval will have been effected or
obtained free of any conditions not acceptable to the Company.  The Company will make all reasonable efforts
to meet the requirements of any such state or federal law or securities
exchange and to obtain any such consent or approval of any such governmental
authority.

 

13.                                 Administrator
Authority.  The
Administrator will have the power to interpret the Plan and this Agreement and
to adopt such rules for the administration, interpretation and application
of the Plan as are consistent therewith and to interpret or revoke any such rules (including,
but not limited to, the determination of whether or not the SAR or any portion
thereof has vested).  All actions taken
and all interpretations and determinations made by the Administrator in good
faith will be final and binding upon Employee, the Company and all other
interested persons.  No member of the
Administrator will be personally liable for any action, determination or
interpretation made in good faith with respect to the Plan or this Agreement.

 

14.                                 Captions.  Captions provided herein are for convenience
only and are not to serve as a basis for interpretation or construction of this
Agreement.

 

15.                                 Agreement
Severable.  In the
event that any provision in this Agreement will be held invalid or
unenforceable, such provision will be severable from, and such invalidity or
unenforceability will not be construed to have any effect on, the remaining
provisions of this Agreement.

 

16.                                 Amendment.  The Committee may amend, terminate or revoke
this Agreement in any respect to the extent determined necessary or desirable
by the Committee in its discretion to comply with the requirements of Section 409A
of the Internal Revenue Code of 1986, as amended.  Employee expressly understands and agrees
that no additional consent of Employee shall be required in connection with
such amendment, termination or revocation.

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