Document:

Emergency Medical Services Corp. Non-Employee Director Compensation Program

 Exhibit 10.1 
 EMERGENCY MEDICAL SERVICES CORPORATION 
 NON-EMPLOYEE DIRECTOR COMPENSATION PROGRAM 

(AS ADOPTED ON JUNE 1, 2006) 
 1.
Purposes. 
 The purposes of this Program are to attract and retain the best available individuals for service as Non-Employee
Directors of Emergency Medical Services Corporation (the “Company”), to provide additional incentive to such individuals to serve as Non-Employee Directors, and to encourage their continued service on the Board. Subject to
approval of the Program reflected in this document by the Company’s stockholders at the Company’s 2007 Annual Meeting of Stockholders, this Program is effective on and after the Effective Date. 
 2. Definitions. 
 As used herein, the following
terms have the meanings set forth below: 
 “Annual Meeting” means the annual meeting of the Company’s
stockholders. 
 “Applicable Laws” means any and all legal requirements of all state and federal laws, including,
without limitation, securities laws and the Code, relating to the administration of stock incentive programs such as this Program. 
 “Board” means the Board of Directors of the Company 
 “Code” means the Internal
Revenue Code of 1986, as amended. 
 “Common Stock” means the Class A Common Stock of the Company. 

“Company” means Emergency Medical Services Corporation, a Delaware corporation, and its successors. 
 “Continuous Service as a Director” means the absence of any termination of service as a member of the Board. 
 “Director Cash Compensation” means the amount of all compensation payable in cash to a Non-Employee Director for services as a
member of the Board, in accordance with Section 4(b) of the Program, and specifically excluding reimbursement of out-of-pocket expenses. 
 “Effective Date” means June 1, 2006. 
 “Employee” means any person, including
officers and directors, employed by the Company or any Subsidiary of the Company. 
 “Fair Market Value” means, as of
any grant date, the fair market value of Common Stock determined as follows: (i) if the Common Stock is listed on the New York Stock Exchange or any other national market system, its Fair Market Value shall be the closing sales price for such
stock as quoted on such system on the trading day immediately preceding the grant date (if for a given day no sales were reported, the closing bid on that day shall be used), as such price is reported in The Wall Street Journal or such other source
as the Board deems reliable or (ii) in the absence of an established market for the Common Stock, the Fair Market Value thereof shall be determined in good faith by the Board. 

 “Non-Employee Director” means a member of the Board who is not also an Employee,
but, at any time, excluding the member of the Board who is then serving as Chairman of the Compliance Committee. 
 “Program” means this Emergency Medical Services Corporation Non-Employee Director Compensation Program, as it may be amended from time to time. 
 “Restricted Stock Unit” means the right to receive one Share, subject to the terms and conditions of this Program. 
 “Share” means a share of the Common Stock, as adjusted in accordance with Section 8. 
 “Stock Exchange” means any stock exchange or consolidated stock price reporting system on which prices for the Common Stock are
quoted at any given time. 
 “Year” means the period (which may be less than 365 days) commencing on the date of, and
immediately following, an Annual Meeting and ending on the date of, and immediately prior to, the next Annual Meeting. 
 3. Stock Subject to this
Program. 
 Subject to the provisions of Section 8, the maximum aggregate number of Shares which may be issued under this Program
in payment of the Restricted Stock Units granted to Non-Employee Directors is 500,000 Shares. The Shares may be authorized, but unissued, or reacquired Common Stock. Shares that are subject to or underlie grants of Restricted Stock Units that for
any reason are cancelled or terminated, are forfeited, fail to vest, or for any other reason are not paid or delivered under this Program shall again be available for subsequent grants under this Program. 
 4. Administration; Non-Employee Director Compensation Under this Program 
 (a) Administrator. Except as otherwise required herein, this Program shall be administered by the Board. 
 (b) Cash Compensation. Each Non-Employee Director shall be paid a cash retainer of $50,000 per Year, payable in four equal quarterly installments. Unless otherwise determined by the Board, in its sole
discretion, and subject to Section 4(d), in the event of the termination of a Non-Employee Director’s Continuous Service as a Director prior to the next Annual Meeting for any reason, such Director shall not be entitled to any additional
quarterly payments of cash compensation, provided, that, if such termination is due to resignation, death or disability, such Non-Employee Director (or his or her estate, as applicable) shall be entitled to prorated cash compensation for the
quarter in which such termination occurs determined by multiplying (x) $12,500 by (y) a fraction, the numerator of which shall be the number of days up to and including the termination date, and the denominator of which shall be the total
days in such quarter. 
  

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 (c) Equity Compensation. All grants of Restricted Stock Units hereunder shall be automatic
and non-discretionary and shall be made strictly in accordance with the following provisions: 
 (i) On the Effective Date and on the date of
each Annual Meeting that occurs after the Effective Date and immediately following which a Non-Employee Director is serving on the Board, such Non-Employee Director automatically shall be granted a number of Restricted Stock Units equal to the
number of Shares (rounded up to the closest whole share) with a Fair Market Value of $100,000. If a Non-Employee Director is appointed by the Board to fill a vacancy until the next Annual Meeting, then on the date of such Non-Employee
Director’s appointment, such Director automatically shall be granted a pro-rated number of Restricted Stock Units determined by multiplying (x) the number of Restricted Stock Units granted to Non-Employee Directors at the preceding Annual
Meeting, by (y) a fraction, the numerator of which shall be the number of days on which such Non-Employee Director will serve as a member of the Board until the next Annual Meeting, and the denominator of which shall be 365. 
 (ii) Notwithstanding the provisions of subsection (i), in the event that the automatic grant of Restricted Stock Units on any given date would cause the
number of Shares subject to outstanding grants plus the number of Shares previously delivered in respect of Restricted Stock Units granted under this Program to exceed the number of Shares reserved for issuance under this Program, then the number of
Shares subject to any grant on such date shall be proportionately reduced. Any further automatic grants shall then be deferred until such time, if any, as additional Shares become available for grant under this Program through action of the
stockholders to increase the number of Shares which may be issued under this Program or through cancellation or expiration of Restricted Stock Units previously granted hereunder. As such additional Shares become available, automatic grants of
Restricted Stock Units with respect thereto shall be made pro rata to those Non-Employee Directors whose grants were reduced, and such grants of additional Restricted Stock Units shall vest in accordance with the vesting schedule applicable to the
original grant. 
 (iii) Subject to Section 4(d), each Restricted Stock Unit granted to a Non-Employee Director pursuant to this
Section 4(c) shall vest and become non-forfeitable on the date of the next following Annual Meeting immediately prior to the taking of the vote for the election of members of the Board (the “Vesting Date”). Subject to
Section 4(d), in the event of the termination of a Non-Employee Director’s Continuous Service as a Director prior to the next Annual Meeting due to resignation, death or disability, any Restricted Stock Units held by such Non-Employee
Director as to which the restrictions in accordance with Section 4(c)(iii) have not lapsed prior to such termination shall vest automatically and become non-forfeitable on the termination date (which shall be treated as the Vesting Date) on a
pro-rated basis determined by multiplying (x) the number of Restricted Stock Units granted to such Non-Employee Director by (y) a fraction, the numerator of which shall be the number of days on which such Non-Employee Director served as a
member of the Board since the grant date of such Restricted Stock Units, and the denominator of which shall be 365 (or, if different, the number of days he or she would have served for the Year if his or her Board service had not terminated.) In the
event of the termination of a Non-Employee Director’s Continuous Service as a Director due to removal from the Board, any Restricted Stock Units held by such Non-Employee Director as to which the restrictions in accordance with
Section 4(c) hereof have not lapsed prior to such termination automatically shall be forfeited as of the date of such termination. 
  

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 (iv) Restricted Stock Units are bookkeeping entries only. A Non-Employee Director who is awarded
Restricted Stock Units shall possess no incidents of ownership with respect to such Restricted Stock Units. 
 (v) Any Restricted Stock
Units granted to a Non-Employee Director that become vested and non-forfeitable shall be paid on (or as soon as practicable after) the Vesting Date (“Payment Date”) by the Company’s issuance to the Non-Employee Director
of a number of Shares equal to the number of Restricted Stock Units that vested on the Payment Date, but in no event later than March 15 of the calendar year following the year in which the Vesting Date occurs in the case of any grant that is
intended to qualify for the “short-term deferral” exception in Section 409A of the Code. The Company shall issue the Shares either (i) in certificate form or (ii) in book entry form, registered in the name of the
Non-Employee Director. Neither the Non-Employee Director nor any of the Non-Employee Director’s successors, heirs, assigns or personal representatives shall have any further rights or interests in any Restricted Stock Units that are so paid.

 (vi) Notwithstanding clause (v) above, a Non-Employee Director who is granted Restricted Stock Units may make an election to defer
receipt of all or any portion of the Shares otherwise issuable to him or her on the Payment Date for such grant. Any such election shall be made on a form and in accordance with procedures prescribed by the Board that comply with the requirements of
Section 409A of the Code, as applicable, and the Board may permit Non-Employee Directors to make a special deferral election with respect to any grant (including the grant made on the Effective Date) to secure the benefit of any applicable
transitional rule promulgated under Section 409A of the Code. In the event of any deferral election, the new payment date elected by the Non-Employee Director shall be the new “Payment Date” with respect to the Restricted Stock Units
covered by the election. 
 (d) Meeting Attendance Requirement. If a Non-Employee Director does not attend at least 75%
of the meetings of the Board and of the Board committees of which he or she is a member during a Year (or, in the case of a Non-Employee Director who is not a Director for the entire Year, the period of time during which he or she is a Director), he
or she will forfeit the Director Cash Compensation and Restricted Stock Units payable for such Year. To the extent quarterly payments of Director Cash Compensation for such Year have been made, such Non-Employee Director shall remit promptly to the
Company an amount equal to such payments. Notwithstanding the foregoing, the Board, in its sole discretion, may waive the meeting attendance requirement if it determines that extenuating circumstances precluded such attendance. 
 (e) Powers of the Board. Subject to the provisions and restrictions of this Program, the Board shall have the authority, in its sole
discretion: (i) to determine, upon review of relevant information and in accordance with the provisions hereof, the Fair Market Value of the Common Stock; (ii) to interpret this Program; (iii) to prescribe, amend and rescind rules and
regulations relating to the administration of this Program; (iv) to authorize any person to execute on behalf of the Company any instrument required to effectuate the grant of Restricted Stock Units previously granted hereunder; and (v) to
make all other determinations deemed necessary or advisable for the administration of this Program. The Board has discretion to accelerate the vesting of any or all awards of Restricted Stock Units granted under this Program in such circumstances as
it, in its sole discretion, deems appropriate. 
  

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 (f) Effect of Board’s Decision. All decisions, determinations and
interpretations of the Board shall be final and binding on all Non-Employee Directors and all other persons, including the estate of a Non-Employee Director. 
 (g) Suspension or Termination of Award of Restricted Stock Units. If the Board reasonably believes that a Non-Employee Director has committed an act of misconduct, the Board may suspend the
Non-Employee Director’s right to receive any Shares or other payment in respect of any Restricted Stock Units granted to such Non-Employee Director pending a determination by the Board. If the Board (excluding the Non-Employee Director accused
of such misconduct) determines a Non-Employee Director has committed an act of embezzlement, fraud, dishonesty, nonpayment of an obligation owed to the Company, breach of fiduciary duty or deliberate disregard of the Company rules resulting in loss,
damage or injury to the Company, neither the Non-Employee Director nor his or her estate shall be entitled to receive payment with respect to any Restricted Stock Units whatsoever. In making such determination, the Board shall give the Non-Employee
Director an opportunity to appear and present evidence on the Non-Employee Director’s behalf at a hearing before the Board or a committee of the Board. 
 5. Eligibility. 
 Restricted Stock Units may be granted only to Non-Employee Directors. All Restricted Stock Units
shall be granted automatically in accordance with the terms set forth in Section 4(c). This Program shall not confer upon any Non-Employee Director any right with respect to continuation of service as a Non-Employee Director or nomination to
serve as a member of the Board, nor shall it interfere in any way with any rights which the Non-Employee Director or the Company may have to terminate his or her directorship at any time. 
 6. Term of Program. 
 This Program shall
continue in effect until June 1, 2016, unless extended or sooner terminated under Section 9. 
 7. Non-transferability of Awards.

 Restricted Stock Units granted under this Program may not be sold, pledged, assigned, hypothecated, transferred or disposed of in any
manner other than by will or by the laws of descent or distribution or pursuant to a qualified domestic relations order (as defined by the Code or the rules thereunder). The designation of a beneficiary by a Non-Employee Director does not constitute
a transfer. 
 8. Adjustments upon Changes in Capitalization; Corporation Transactions 
 (a) Adjustments. Subject to any required action by the stockholders of the Company, the number of shares of Common Stock covered by
each outstanding Restricted Stock Unit, and the number of shares of Common Stock which have been authorized for issuance under this Program but as to which no grants of Restricted Stock Units have yet been granted or which have been returned to this
Program upon forfeiture or cancellation of a grant, shall be proportionately adjusted for any increase or decrease in the number of issued shares of Common Stock resulting from a stock split, reverse stock split, stock dividend, combination or
reclassification of the Common Stock, or any other increase or decrease in the number of issued shares of Common Stock effected without receipt of consideration by the Company; 

  

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provided, however, that conversion of any convertible securities of the Company shall not be deemed to have been “effected without receipt
of consideration.” Such adjustment shall be made by the Board, whose determination in that respect shall be final, binding and conclusive. Except as expressly provided herein, no issuance by the Company of shares of stock of any class, or
securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number or price of shares of Common Stock subject to any Restricted Stock Units. 
 (b) Corporate Transaction. In the event of (i) a dissolution or liquidation of the Company, (ii) a sale of all or
substantially all of the Company’s assets or (iii) a merger, consolidation, share exchange or other transaction which results in the “persons” who own “beneficially” (as such terms are used in Section 13(d) and 14
(d) of the Exchange Act) 50% or more of the combined voting power of the Company immediately prior to such transaction failing to continue to own beneficially at least 50% of the combined voting power of the Company (or its respective successor
or parent or corporation or other entity that survives such transaction), as the case may be, outstanding immediately after such transaction (each a “Corporate Transaction”), all such Restricted Stock Units (A) to the
extent that such Restricted Stock Units are not then vested and non-forfeitable, shall become vested and non-forfeitable, and (B) shall be paid in an equivalent number of Shares; provided, however, that payment shall be made in
respect of a Corporate Transaction pursuant to the foregoing clause (B) only if such Corporate Transaction constitutes a “change in the ownership or effective control” of the Company or a “change in the ownership of a substantial
portion of the assets” of the Company within the meaning of Section 409A(a)(2)(A)(v) of the Code; and provided further, that in the event the foregoing proviso is not satisfied, payment shall be made at the time otherwise
provided herein unless otherwise permitted by Section 409A of the Code. 
 9. Amendment and Termination of this Program. 
 (a) Amendment and Termination. The Board may amend, alter, suspend, discontinue or terminate the Program or any portion thereof at
any time; provided, that no such amendment, alteration, suspension, discontinuation or termination shall be made without stockholder approval if such approval is necessary to comply with all applicable laws or any applicable Stock Exchange
requirement with which the Board intends this Program to comply or if such amendment constitutes a “material amendment.” For purposes of this Program, a “material amendment” shall mean an amendment that (i) materially
increases the benefits accruing to Non-Employee Directors under this Program, (ii) materially increases the number of securities that may be issued under this Program, (iii) materially modifies the requirements for participation in this
Program, or (iv) is otherwise deemed a material amendment by the Board pursuant to any applicable law or applicable accounting or Stock Exchange rules. 
 (b) Amendments to Awards of Restricted Stock Units. Without limiting any other express authority of the Board under (but subject to) the express limits of this Program, the Board may waive
conditions of or limitations on Restricted Stock Units that the Board in the prior exercise of its discretion has imposed, without the consent of the Non-Employee Director, and may make other changes to the terms and conditions of such grants.
Notwithstanding the foregoing, no amendment, suspension or termination of this Program or change of or affecting any outstanding grant shall, without written consent of the Non-Employee Director, affect in any manner materially adverse to such
person any of his or her rights or benefits of such recipient or obligations of the Company under any grant prior to the effective date of such change. Changes, settlements and other actions contemplated by Section 8 shall not be deemed to
constitute changes or amendments for these purposes 
  

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 10. Conditions upon Issuance of Shares. 
 Shares shall not be issued pursuant to the payment of any Restricted Stock Units unless the payment thereof and the issuance and delivery of such Shares
pursuant thereto shall comply with all relevant provisions of applicable law, including, without limitation, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, the rules and regulations promulgated thereunder,
state securities laws, and the requirements of any Stock Exchange, and shall be further subject to the approval of counsel for the Company with respect to such compliance. As a condition to the payment of any Restricted Stock Units, the Company may
require the person receiving payment to represent and warrant at the time of any such payment that the Shares are being acquired only for investment and without any present intention to sell or distribute such Shares, if, in the opinion of counsel
for the Company, such a representation is required or advisable. 
 11. Reservation of Shares. 
 The Company, during the term of this Program, will at all times reserve and keep available such number of Shares as shall be sufficient to satisfy the
requirements of this Program. The inability of the Company to obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Company’s counsel to be necessary to the lawful issuance of any Shares hereunder,
shall relieve the Company of any liability in respect of the failure to issue such Shares as to which such requisite authority shall not have been obtained. 
 12. Award Agreement. 
 Awards of Restricted Stock Units may be evidenced by written agreements in such form as the
Board shall approve. The Board need not require the execution of any such agreement by a Participant in which case acceptance of the award by the respective Participant will constitute agreement to the terms thereof. 
 13. Unfunded Status of Program. 
 This Program
is intended to constitute an “unfunded” program for incentive compensation. With respect to any payments not then made to a Non-Employee Director by the Company, nothing contained herein shall give any such Non-Employee Director any rights
that are greater than those of a general creditor of the Company. 
 14. Governing Law. 
 This Program and all determinations made and actions taken pursuant hereto shall be governed by the laws of the State of Delaware, without giving effect
to the conflict of laws principles thereof. 
 15. Construction. 
 This Program and any grant of Restricted Stock Units hereunder shall be construed, interpreted and administered to comply with Section 409A of the Code. The Company reserves the right to amend this Program and
any such grant to the extent it reasonably determines is necessary in order to preserve the intended tax consequences of awards granted hereunder in light of Section 409A of the Code and any regulations or other guidance promulgated thereunder.

  

 7Loan Agreement

 Exhibit 10.71 
 FULL HOUSE RESORTS 
 LOAN AGREEMENT (TF) 
 BETWEEN 
 NOTTAWASEPPI HURON BAND OF POTAWATOMI 
 A FEDERALLY RECOGNIZED TRIBE 
 AND 

GAMING ENTERTAINMENT (MICHIGAN), LLC 
 Dated: November 3, 2002 
  

 LOAN AGREEMENT (TF) 
 THIS AGREEMENT is made as of the 3rd day of November, 2002, between the Nottawaseppi Huron Band of Potawatomi (a.k.a. Huron Potawatomi, Inc.), a federally recognized Indian tribe (herein the
“Borrower”) and Gaming Entertainment (Michigan), LLC, a Delaware limited liability company (herein “Lender). 
 WITNESSETH

 A. The Borrower is a federally recognized Indian tribe and has authority to contract and conclude an agreement to borrow money. The
Borrower desires to obtain financing for the purpose of purchasing the Property developing, constructing, equipping, and operating a Temporary Facility for gaming in the Enterprise (TF) as that term is defined in the Temporary Gaming Facility
Management Agreement (the “TF Management Agreement”) in order to further the health, welfare and economic status of tribal members. 
 B. To attain the ends identified in Paragraph A above, the Borrower and the Lender have executed and delivered this Loan Agreement (TF) (the “Loan Agreement (TF)”), the Security Agreement dated as of the date hereof(the
“Security Agreement”) and the Promissory Note as of the date hereof (the “Promissory Note”) between the Borrower and Lender. The proceeds of this Loan Agreement (TF) shall be used by Borrower in connection with the Enterprise
(TF). 
 C. Lender is also providing services to Borrower pursuant to the TIF Management Agreement. 
 NOW, THEREFORE, in consideration of the mutual covenants and agreements herein, the parties hereto hereby agree as follows: 
 SECTION 1. Definition of Terms. All capitalized terms not defined in this Loan Agreement (TF) shall have the definition ascribed to them in the TF Management
Agreement and the Security Agreement. As used in this Loan Agreement (TF), the following terms will have the meanings indicated: 
 1.1
Applicable Law. “Applicable Law” shall mean all federal, state, and tribal law applicable to the subject matter, including but not limited to JGRA and all regulations promulgated thereunder, any Tribal Compact to which the Borrower
is a party, and any Tribal ordinances or resolutions made applicable hereunder. 
 1.2 Collateral. “Collateral” shall have
the meaning as defined in the TF Management Agreement and the Security Agreement. 
 1.3 Construction Contract. “Construction
Contract” shall mean the contracts and subcontracts, including all modifications, thereof for the design, labor, materials, and other goods and services necessary to construct and complete the Improvements and the Temporary Facility.

  

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 1.4 Development and Construction Budget. “Development and Construction Budget” shall
mean. the budget approved by the Borrower and Lender that includes all Development and Construction Costs. 
 1.5 Development and
Construction Costs. “Development and Construction Costs” shall mean the sum of all costs incurred in developing, designing and constructing the Temporary Facility and other Improvements, including, without limitation, any costs related
to acquisition of the Property, obtaining any Government Agency approvals, architect and engineering services, and other professional services. 
 1.6 General Contract. “General Contract” shall mean the agreement between Lender, on behalf of the Borrower as the owner, with the General Contractor or Construction Manager for the construction of the Project. 

1.7 General Contractor or Construction Manager. “General Contractor or Construction Manager” shall mean the Contractor or Contractors
selected by the Lender and approved by the Borrower to construct the Temporary Facility and any addition or improvements thereto in accordance with the Plans and Specifications. 
 1.8 Government Agency. “Government Agency” shall mean any agency of the federal, state, local or Tribal governments, including without
limitation the BIA, MOC, Tribal Gaming Commission and any state or local agencies. 
 1.9 Improvements. “Improvements” shall
mean the improvements constructed and to be constructed (including but not limited to the Temporary Facility) or installed on the Property and on adjacent areas for the benefit of the Property, including without limitation, the Facility access ways
and roadways, parking areas, drainage improvements, utility lines, and landscaping, all of which will be constructed in accordance with the Plans and Specifications approved by the Borrower. 
 1.10 Major Subcontracts. “Major Subcontracts” shall mean the contracts entered into between the General Contractor or the Construction
Manager and the Major Subcontractors. 
 1.11 Major Subcontractors. “Major Subcontractors” shall mean the subcontractors who
will perform the following work with respect to the Project: structural, mechanical (plumbing, heating, ventilating and air conditioning), electrical, glass and glazing, carpentry, on and off-site utility work, grading, asphalt paving, concrete and
masonry. 
 1.12 Project. “Project” shall mean the Property, the Improvements and the Enterprise (TF). 
 1.13 Project Costs. “Project Cost” shall mean all costs necessary to develop and open the Project, including Development and
Construction Costs, furniture, fixtures and equipment ( Working Capital (TF), start-up and pre-opening costs (TF), and the Tribal Operations Loan. 
  

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 1.14 Promissory Note. “Promissory Note” shall mean the Promissory Note in the principal
amount of $25 million in the form annexed as Exhibit A hereto, evidencing Borrower’s obligation to repay the Loan (TF). 
 SECTION 2. TERMS OF
LENDING. 
 Subject to the terms and conditions herein, Lender agrees to lend to Borrower, and Borrower agrees to borrow from Lender
twenty-five million dollars ($25,000,000) to be repaid under the terms and conditions herein- Borrower pledges its full cooperation with Lender in meeting all of its obligations under the TF Management Agreement. The Loan (TF) will be made by Lender
by a series of advances to be released in accordance with Section 6 below. Lender agrees that in the event that additional funds are required to complete the Project above the amount specified herein, Lender shall advance such additional funds
in a timely manner not to exceed a total principal Loan amount of thirty million dollars ($30,000,000). 
 2.1 The proceeds of each
advance shall be used to meet Project Costs. 
 SECTION 3. REPAYMENT 
 3.1 Repayment. The repayment of outstanding principal with all accrued and unpaid interest, with interest treated as an Operating Expense of the Enterprise (TF) in accordance with Section 2.39 of the TF
Management Agreement, shall be repaid to Lender as set forth in Section 6 of the TF Management Agreement and secured as set forth in the Security Agreement. Notwithstanding the foregoing, failure to make such payment due to insufficient Net
Revenues shall not constitute an Event of Default. 
 3.2 Interest. The Loan will be repayable on the terms set forth herein and will
bear interest on the unpaid principal balance beginning on and accrued from the Commencement Date (TF), at the rate of the cost of funds to Lender from a Financial Institution which shall be based on prevailing interest rates not to exceed the prime
interest rate as published by the Wall Street Journal (which defines the prime rate as “the base rate on corporate loans posted by at least 75% of the nation’s 30 largest banks”) (hereafter “the Prime Interest Rate”), plus
five percent (5%) (the “Interest Rate”), as of the Commencement Date, with the cost of funds certified annually by an independent CPA. Notwithstanding the foregoing, interest on the unpaid balance of the Tribal Operations Loan shall
accrue from the Effective Date (TE). 
 3.3 Late Payment. Any Loan (TF) repayment not paid when due, whether at the date scheduled
therefore or earlier upon acceleration, shall bear interest until paid in full at one percent (1%) over the Prime Interest Rate as published in the Wall Street Journal, adjusted monthly, with the monthly rate established according to the rate
published on the third Tuesday of the calendar month preceding the date on which the amount owed was due and payable. 
 3.4 Optional
Prepayments. The Borrower may prepay the Loan (TE) in whole or in part, at any time, without premium or penalty. Any such prepayment must be accompanied by accrued and unpaid interest on the amount prepaid. 
  

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 3.5 Computation. Interest on any advance shall be computed on the basis of actual days elapsed and
a year of 365 days. 
 3.6 Payments. Payments and prepayments of principal and interest on the Promissory Note and all fees, expenses
and other obligations under this Loan Agreement (TF) payable to the Lender shall be made without setoff or counterclaim in U.S. dollars on the dates called for under this Loan Agreement (TF) and the Promissory Note to the Lender at do Full House
Resorts, Inc., 4670 South Fort Apache Road, Suite 190, Las Vegas, Nevada 89147. Whenever any payment to be made hereunder or on the Promissory Note shall be due on a day in which banks in Michigan are not required to be open for business, such
payment shall be made on the next succeeding business day and such extension of time, in the case of a payment of principal, shall be included in the computation of any interest on such principal payment. 
 SECTION 4. SECURITY INTEREST 
 Payment of the Loan (TF)
will be secured by the Security Agreement covering the Collateral, The Lender’s security interest shall be perfected by filing of a financing statement to be executed by the Borrower pursuant to the Uniform Commercial Code as enacted by the
State of Michigan and as same may be amended from time to time. Lender’s only security shall be in the Collateral and not any property of the Borrower or a member of the Borrower. 
 SECTION 5. CONDITIONS OF LENDING 
 The
obligation of Lender to perform this Loan Agreement (TE) and to make the initial or any subsequent advance of the Loan (TE), is subject to the performance by Borrower of the following conditions during the Term: 
 5.1 Documents. The Lender shall have received the following: 
 (a) The Loan Documents (TF) and the TF Management Agreement executed by a duly authorized officer (or officers) of the Borrower in accordance with all Tribal laws. 
 A copy of the Tribal resolution or such other document(s) of the Borrower authorizing the undersigned Tribal signatory or signatories to lawfully bind the Borrower to
the Loan Documents (TF) and TE Management Agreement. 
 An opinion letter from Borrower’s counsel which opines favorably on the validity and
enforceability of the Loan Documents (TF) and the TF Management Agreement with respect to the Borrower and the Borrower’s waiver of sovereign immunity. 
 5.2 Compliance. Borrower shall have cooperated with Lender with respect to satisfying any conditions for the disbursement of such funds. 
 5.3 Approval of Project Plans and Specifications. Approval of Project Plans and Specifications. The Borrower shall have approved the Plans and
Specifications and 

  

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any revisions thereto prior to commencement of any work pursuant thereto, for which funds are being advanced and agree that the Plans and Specifications are
consistent with the Development and Construction Budget. If the final Plans and Specifications for all Improvements are not available prior to making any advances of the Loan, Lender agrees to make advances for construction and installation of those
Improvements for which the Plans and Specifications have received approval. 
 5.4 Security Documents. All Security Agreements (or
Financing Statements with respect thereto) shall have been appropriately filed or recorded by the Lender and the priority and perfection if any of the Liens created by the Security Agreement shall have been established to the satisfaction of the
Lender and its counsel. 
 5.5 No Default. Lender shall have received a certificate from an authorized Tribal official stating that no
Event of Default (or event which, with the giving of notice or passage of time or both, would constitute an Event of Default) exists under the TF Management Agreement, this Loan Agreement (TF), the Loan Documents (TF), or any other agreement
relating to the Project and that each of the representations and warranties contained herein or therein is true as of the date of such advance. Lender acknowledges the existence of litigation challenging the validity of the Tribe’s compact with
the State of Michigan (Taxpayers of Michigan Against Casinos v. Michigan et al. (C.A, No. 5:99-90195-CZ) (Ingham Co. Circuit Court, General Trial Division) on appeal to the Michigan Court of Appeals, Docket No. 225017, 225066; and
Laura Baird v. Babbitt, C.A. No. 5:99- CV-14 (United States District Court, Western District, Michigan)) and any certificate or other representation provided Lender by the Borrower is hereby conditioned upon the existence of such
litigation. 
 SECTION 6. ADVANCES 
 The Loan proceeds shall be advanced by Lender, for the benefit of Borrower, in accordance with the terms and conditions set forth in this Section 6 and Sections 3.1.1, 3.1.2, 3.1.3, 3.1.4, 3.1.5, 3.1.6, 3.11,
3.8, 6.3 and 6.13 of the TF Management Agreement. 
 6.1 Property Purchase. The Lender shall provide the necessary funds for the
option and final purchase price of the Property. The advance for the final purchase price shall be disbursed by Lender to the seller immediately prior to the date when all encumbrances must be removed from the Property as a precondition to the
Secretary of the Interior accepting such land in trust for the Borrower’s benefit; provided, however, that Lender and Borrower have also received assurances from the NIGC that the TF Management Agreement will be approved by the Chairman of the
NIGC. 
 6.2 Other Development and Construction Costs. The Advance for all other Development and Construction Costs as set forth in
the General Contract shall be disbursed by Lender on behalf of the Enterprise (TF) upon presentation of documentation verify the purposes therefor in accordance with the Development and Construction Budget. 
  

 6 

 6.3 Equipment Costs. Equipment Costs shall be disbursed by the Lender on behalf of the Enterprise
(TE) upon presentation of a contract to purchase or lease Furniture and Equipment (TF). 
 6.4 Working Capital. Working Capital costs
shall be disbursed by Lender on behalf of the Enterprise (IF) upon presentation of a Working Capital budget approved by the Borrower and Lender. 
 6.5 Start-up. Start-up and pre-opening costs shall be disbursed by the Lender on behalf of the Enterprise (TF) six (6) months prior to the Commencement Date (IF) of the Temporary Facility. 
 6.6 Tribal Operations Loan. The Tribal Operations Loan shall be disbursed pursuant to Section 6.13 of the TF Management Agreement.

 6.7 Construction Administration. The Borrower hereby designates Lender as its agent, and Lender shall be responsible for the
Construction Contract and all related contracts and subcontracts for the development and construction of the Temporary Facility (collectively, the “Contract Documents”). Lender shall act as the Borrower’s designated representative and
shall have full power and authority to act on behalf of the Borrower in connection with the Contract Documents. Lender shall execute all Contract Documents on behalf of the Borrower and shall have complete control and charge of any persons
performing work on site at the Temporary Facility. Lender shall interpret and decide on matters concerning the performance of the General Contractor or Construction Manager, any other contractor or subcontractor and/or consultant and the
requirements of the Contract Documents. Lender shall have the authority to reject work that does not conform to the Contract Documents or the Plans and Specifications. Lender shall inspect the Project prior to the disbursement of each advance and
shall (i) approve the progress and the workmanship of the construction; (ii) verify compliance with the Plans and Specifications; (iii) verify the percentage of the completion as set forth in such requests for advances; and
(iv) satisfy itself that all work for which such advance is requested has been performed and all materials far which such advance is requested are in place, or as to stored materials, are owned by the Borrower and suitably safeguarded. Such
inspection will be performed in a timely manner and not unreasonably delay the disbursement of any advance. Neither Lender, Lender’s inspector nor Lender’s agents or employees shall be liable, either directly or indirectly, for any loss,
claim or damage which may arise as a result of defective design or construction of the Temporary Facility or the other Improvements, other than a loss, claim or damage attributable to Lender’s negligence. It is expressly understood and agreed
that the Lender and the Lender’s inspector may conduct such investigations of the Improvements as either may deem necessary for the protection of the Lender’s interest and that any inspections which may be made of the Project by the Lender
or the Lender’s inspector will be mad; and all opinions rendered by the Lender’s inspector will be rendered solely for the benefit and protection of the Lender. Lender shall be responsible for making progress payments for work performed by
the General Contractor or Construction Manager or any other contractors, subcontractors or consultants from the Loan proceeds. Nothing herein is intended to amend or modify Lender’s rights, responsibilities or duties under the TF Management
Agreement, except as provided in Section 12 of this Loan Agreement. 
  

 7 

 SECTION 7. REPRESENTATION AND WARRANTIES. 
 Borrower represents and warrants as follows: 
 7.1 Organization Standing, etc. Borrower is recognized as eligible by the Secretary of the Interior for special programs provided by the United States to Indian tribes because of their status and is recognized as possessing powers of
self including: full power and authority to own its property and assets, to conduct its business at the Project on the Property in the manner and in the places presently proposed, and to perform the obligations with respect to the Loan Documents
(TF). 
 7.2 Authorization and Validity. The Borrower has taken all action required by the Borrower’s Constitution and Bylaws,
the laws of the United States and all other applicable laws to authorize the execution, delivery and performance of the Loan Documents (TF) and the TF Management Agreement respectively. 
 7.3 No Conflict, No Default. The execution, delivery arid performance by the Borrower of the Loan Documents (IF) will not (a) violate any
provision of any law, statute, rule or regulation or any order, writ, judgment, injunction, decree, determination or award of any court, governmental agency or arbitrator presently in effect having applicability to the Borrower, (b) violate or
contravene any provision of the laws of the Borrower, or (c) result in a breach of or constitute a default under any indent loan or loan agreement or any other agreement, lease or instrument to which the Borrower is a party or by which it or
any of its properties may be bound or result in the creation of any Lien thereunder. The Borrower is not in default under or in violation of any law, statute, rule or regulation, order, writ, judgment, injunction decree determination or award or any
such indenture, loan or loan agreement or other agreement, lease or instrument in any case in which the consequences of such default or violation could have a material adverse effect on the business, operations, properties, assets or condition
(financial or otherwise) of the Borrower. Lender acknowledges the existence of litigation challenging the validity of the Tribe’s compact with the State of Michigan (Taxpayers of Michigan Against Casinos v. Michigan et al. (CA.
No.99-90195- CZ) (Ingham Co. Circuit Court, General Trial Division) on appeal to the Michigan Court of Appeals, Docket No. 225017, 225066; and Laura Baird v. Babbitt, CA. No. 5:99-CV-14 (United States District Court, Western
District, Michigan)) and any certificate or other representation provided Lender by the Borrower is hereby conditioned upon the existence of such litigation. 
 7.4 Litigation. There are no actions, suits or proceedings pending or, to the knowledge of the Borrower, threatened against or affecting the Borrower or any of its properties before any court or arbitrator, or
any governmental department, board, agency or other instrumentality which, if determined adversely to the Borrower, would have a material adverse effect on the Enterprise (TF), operations, property or conditions (financial or otherwise) of the
Borrower or the ability of the Borrower to perform its obligations under the Loan Documents (TF), with the exception, which Lender acknowledges, of litigation noted herein challenging the validity of the Tribe’s compact with the State of
Michigan. 
  

 8 

 7.5 Environmental, Health and Safety Laws. There does not exist any violation by the Borrower of
any applicable federal or other law, rule or regulation or code of any government, government department, board, agency or other instrumentality relating to environmental, pollution, health or safety matters which will or threatens to impose a
material liability on the Borrower or which would require a material expenditure by the Borrower to cure. The Borrower has not received any notice to the effect that part of its operations or properties is not in material compliance with arty such
law, rule, regulation or order, or notice that it or its property is the subject of any governmental investigation evaluating whether any remedial action is needed to respond to any release of any toxic or hazardous waste or substance into the
environment, which non-compliance or remedial action could reasonably be expected to have a material adverse effect on the business operations, properties, assets or condition (financial or otherwise) of the Borrower. 
 SECTION 8. AFFIRMATIVE COVENANTS 
 Until any obligations of Borrower hereunder shall have expired or been terminated and the Promissory Note and all other obligations have been paid in full, unless the Lender shall otherwise consent in writing:

 8.1 Additional Instruments. Borrower will execute such additional instruments as may be reasonably requested by Lender in order to
carry out the intent of this Loan Agreement (TF) or to perfect or give further assurance of any of the tights granted or provided for under the Loan Documents (TF). 
 8.2 Notice of Litigation. The Borrower will give prompt written notice to the Lender of the commencement of any action, suit or proceeding before any court or arbitrator or any governmental department, board,
agency or other instrumentality regarding the Enterprise, or which would have a material adverse effect on the Enterprise or ext the ability of the Borrower to perform its obligations under this Agreement, stating the nature and status of such
action, suit or proceeding. 
 8.3 Compliance. The Borrower will comply in all material respects with all laws, rules, regulations,
orders, writs, judgments, injunctions, decrees or awards to which it may be subject, including the Tribal-State Compact; provided, however that failure to so comply shall not be a breach of this covenant if such failure does not have, or is not
reasonably expected by the Borrower to have a materially adverse effect on the properties, business, prospects or conditions (financial or otherwise) of the Borrower and the Borrower is acting in good faith and with reasonable dispatch to cure such
noncompliance. 
 8.4 Environmental Reporting. The parties will observe and comply with all applicable laws, rules, regulations and
orders of any government or government agency relating to health, safety, pollution, hazardous materials or other environmental matters to 

  

 9 

 
the extent noncompliance could result in a material liability or otherwise have a material adverse effect on the Enterprise (TF). The Borrower will give the
Lender and Lender will give Borrower prompt written notice of any violation as to any environmental matter and the commencement of any judicial or administrative proceeding relating to health, safety or environmental matters in which an adverse
determination or result could result in the revocation of or have a material adverse effect on any operating permits, air emissions water discharge permits, hazardous waste permits or other permits held by the Borrower or Lender which are material
to the Enterprise (TF). 
 8.5 Title. The Tribe shall defend and maintain title to the Collateral. 
 8.6 TF Management Agreement. The Borrower shall be in compliance with all terms of the TE Management Agreement. 
 SECTION 9. NEGATIVE COVENANTS 
 Unless the Lender shall otherwise consent in writing, until any obligation of the Lender hereunder to make advances shall have expired or been terminated and the Promissory Note and all of the other obligations have been paid in full:

 9.1 Liens. Borrower will not create, assume or suffer to exist any mortgage, pledge, security interest, encumbrance or other lien
(including the lien of an attachment, judgment or execution) securing a charge or obligation affecting any or all of the Project or the Collateral, excluding only: (1) liens for governmental charges which are not delinquent or the validity of
which is being contested in good faith by appropriate proceedings; (ii) deposits made to secure statutory and other obligations incurred in the ordinary course of Borrower’s business; (iii) any lien which has been previously approved
by Lender in writing, and (iv) the lien contemplated by the Loan Documents (TF). 
 9.2 Sale of Enterprise. Without the prior
written consent of the Lender, the Borrower shall not sell, lease, transfer or otherwise dispose of all or any part of the assets relating to the Project; provided, however, that the Borrower may sell or otherwise dispose of any asset in the
ordinary course of business, or which the parties deem, in the exercise of reasonable business judgment, not to be necessary to the operation of the Project. 
 SECTION 10. DEFAULT 
 10.1 Event of Default. The following shall comprise the Events of Default hereunder: 
 10.1.1. Any uncured material breach of
the Management Agreement or Loan Documents (TF) by the Borrower. 
 10.1.2. Borrower knowingly and intentionally makes or forwards any
representation, warranty, statement, certificate, schedule or report to Lender that is false or erroneous in any material respect. 
  

 10 

 10.1.3. Entry by any court of a final judgment against Borrower which materially and adversely affects or
will affect, Borrower’s ability to perform its covenants and agreements under the Loan Documents (TF) or impairs any security for the Loan (TF); or any attachments of any of the Collateral which is not discharged to the satisfaction of Lender.

 10.1.4. The Borrower abandons gaming or fails to engage in gaining to the fullest extent allowed by law in the Temporary Facility during
the term of the TF Management Agreement. 
 10.1.5. The existence, for a period of sixty (60) days or more, of any lien, on the
Temporary Facility or the Collateral or any portion thereof without receipt of a release or discharge satisfactory to Lender. 
 SECTION 11. REMEDIES AND OPPORTUNITY TO CURE 
 11.1 Notice and Opportunity to Cure. Upon an Event of Default, Lender may
terminate this Loan Agreement (TF) as aforesaid after written notice to the Borrower, except (i) of the Borrower cures the same within ten (10) days after receipt of written notice to it by Lender of such default, when the default is the
failure to pay or cause the Enterprise to pay any amounts due under this Loan Agreement (TF) (“Monetary Default”), or (ii) if Borrower cures any other default within thirty (30) days after receipt of written notice to it by
Lender of such default when the default is other than a Monetary Default (“Non-Monetary Default”), provided that in the event of a Non-Monetary Default that by its nature cannot be cured within thirty (30) days, such cure period shall
be extended for so long as the Borrower proceeds diligently, in good faith, and using best efforts, to correct the problem. Notwithstanding the above, Borrower agrees to make decisions relating to the Project which are required of Borrower under the
TF Management Agreement or Loan Documents (TF), in a timely and businesslike manner. 
 11.2 Acceleration of Loan, Resort to Security,
Relief from Requirement to Advance Additional Funds for Uncured Event of Default. Lender may immediately accelerate the Loan (TF) and/or resort to the Collateral to collect all or any portion of the debt upon the happening of an uncured Event of
Default, subject to the provisions of Section 11.1 (ii) herein relating to a Non Monetary Default which, by its nature, cannot be cured within thirty (30) days, and may exercise any and all remedies provided for under the Security
Agreement with respect to the Collateral. 
 SECTION 12. LENDER’S DEFAULT 
 The failure of the Lender to make any timely advance as provided for in this Loan Agreement (TF) and other Loan Documents (TF) shall constitute an Event
of Default on the Lender’s part. In the event of such a default, all rights of the Lender under the TF Management Agreement shall be terminated, unless the Lender cures such default within ten (10) business days. 
  

 11 

 SECTION 13. DISCHARGE OF LOAN AND TERMINATION OF LOAN AGREEMENT 
 The Loan may be discharged in whole or in part, and the Loan Agreement (TF) Terminated, as follows: 
 13.1 Payment in Full. Payment of the Loan (TF) in full in accordance with the Loan Documents (TF). 
 13.2 Non-Recourse Loan. The Loan (IF) represented by these Loan Documents (TF) is non-recourse except as to the Collateral. Borrower and Lender
agree that upon Lender exhausting the Collateral, Lender shall have no additional right to payment or to any deficiency from Borrower. 
 SECTION 14. MISCELLANEOUS 
 The parties further agree: 
 14.1 Survival of Agreement. All representations and warranties made herein shall survive the making of the Loan (TF) hereunder and the delivery of
the Loan Documents (TF). 
 14.2 No Third Party Beneficiaries. Nothing in this Loan Agreement (TF), express or implied is intended to
confer upon any person, other than the parties hereto and their respective successors and permitted assigns, any rights or remedies under or by reason of this Loan Agreement (TF). 
 14.3 Approvals. When approval by any party is required hereunder, such approval will not be unreasonably withheld. 
 14.4 Notices. Any notice required to be given pursuant to this Loan Agreement (TF) shall be delivered to the appropriate party by certified mail
return receipt requested, addressed as follows: 
  

			
	 if to the Tribe:
	  	 Nottawaseppi Huron Band of Potawatomi
 Tribal
Council
 2221 1 1/2
Mile Road
 Fulton, Michigan 49052
 Attn: Tribal
Chairperson

		
	 If to Manager:
	  	 Gaming Entertainment (Michigan), LLC
 c/o Full House
Resorts, Inc.
 4670 South Fort Apache Road
 Suite 190

Las Vegas, 89147

  

 12 

 14.5 Captions. The descriptive headings of the Sections of this Loan Agreement ( are for
convenience only and not to be used in the construction of the contents of this Loan Agreement (TF). 
 14.6 Counterparts. This Loan
Agreement (TF) may be executed in multiple counterparts, each of which will be an original instrument, but all of which will constitute one agreement. 
 14.7 “Hereunder”. As used in this Loan Agreement (TF) the words “hereunder or “herein” shall be deemed to refer to this Loan Agreement (TF) as a whole. 
 14.8 Inconsistency. In the event of inconsistency between this Loan Agreement (TF) and the TF Management Agreement, the TF Management Agreement
shall prevail. In the event of inconsistency between this Loan Agreement (TF) and any other Loan Document (TF), this Loan Agreement (TF) shall prevail. 
 14.9 Relationship of Parties. It is understood and agreed between Lender and Borrower that their relationship at all times shall remain that of Lender and Borrower and that nothing in this Loan Agreement (TF)
shall be deemed, held or construed as the creation of a partnership or joint venture as between Lender and Borrower in the conduct of the Enterprise (TF). 
 14.10 Successors and Assigns Disposition of Loans Transferees. This Loan Agreement (TF) shall be binding on Borrower and Lender and their respective successors and assigns and will inure to the benefit of
Borrower and Lender and their respective successors and assigns. Notwithstanding the foregoing, neither Borrower nor Lender may assign its rights or obligations under this Loan Agreement (TF), except as provided in the TF Management Agreement, and
any attempted assignment which does not comply with the Management Agreement is null and void. In exercising any rights hereunder or taking any action provided for herein, Lender may act through its employees, agents or independent contractors as
authorized by Lender. 
 14.11 Sovereign Immunity 
 The Tribe waives its sovereign immunity only to the extent of allowing arbitration and judicial review to enforce arbitration or an arbitration decision arising under the Loan Documents (TF) as such arbitration
procedures are set forth in Section 17 of the TF Management Agreement. This Agreement does not constitute and shall not be construed as a waiver of sovereign immunity by the Tribe except to permit arbitration and judicial review and enforcement
under the procedures set forth in Section 17 of the TF Management Agreement. A copy of the TF Management Agreement is hereby incorporated by reference as if set forth in full and is attached as Exhibit B hereto. 
 14.12 Waivers in Writing. The waiver of any provisions of this Loan Agreement (TF) or any other Loan Documents (TF), or consent to any departure
by the Borrower therefrom, shall in no event be effective unless the same shall be in writing and signed by an authorized representative of GEM. Any such waiver shall be effective only in the specific instance and for the purpose for which given. No
notice to or demand on the Borrower in any case shall entitled them to any further notice or demand in the same circumstances. 
  

 13 

 14.13 Governing Law. The Loan Documents shall be construed under the laws of Delaware. 

14.14 Severability. In the event any provision of this Loan Agreement (TF) or any other Loan Documents (TF) shall be held invalid or
unenforceable by any court of competent jurisdiction, such holding shall not invalidate or render unenforceable any other provision hereof or thereof. 
 14.15 Consents. No authorization, consent, approval, license, exemption by or filing or registration with any court or governmental department, commission, board, bureau, agency or instrumentality, domestic or
foreign, is or will be necessary for the valid execution, delivery or performance by the Borrower under the Loan Documents (TF), except for the approval of the NIGC and the BIA to the extent, if any, required by 25 U § 81 or 25 U.S.C.
§ 2701. 
 14.16 Entire Agreement. This Loan Agreement (TF), together with the TF Management Agreement, the Security
Agreement and the Promissory Note, constitute the entire understanding of the parties hereto with respect to the Temporary Facility and supersede all prior agreements and understandings, written or oral, between the parties. 
 EXECUTED AND DELIVERED the day and the year first above written. 
  

			
	 NOTTAWASEPPI HURON BAND OF POTAWATOMI
 (a.k.a. Huron Potawatomi, Inc.)
 A Federally Recognized Indian Tribe,

		
	 By:
	 	 /s/ Gilbert Holliday

		 	Gilbert Holliday
		 	Acting Tribal Chairman
	
	GAMING ENTERTAINMENT (MICHIGAN) LLC A Delaware Limited Liability Company,
		
	 By:
	 	 /s/ William McComas

		 	William P. McComas
		 	President, Managing Member

  

 14

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