Document:

Exhibit 10.19

 

AGREEMENT

 

This Agreement ("Agreement") is
entered into on July 13, 2011 ("Effective Date") between MGM Resorts International, a Delaware corporation ("MGM"),
myVEGAS.com, LLC, a Nevada limited liability company ("myVEGAS"), and incuBET, Inc., a Delaware corporation (“incuBET”).

 

RECITALS

 

MGM, myVEGAS and incuBET are parties to a Marketing
Agreement dated April 13, 2011 (the "Marketing Agreement'').

 

incuBET anticipates consummating a private placement
of Series A Preferred Stock (the "Series A Offering") with Activision Publishing, Inc. ("Activision")
and other investors.

 

Pursuant to the Series A Offering, incuBET,
MGM, Activision and other investors will enter into and become parties to, inter alia, an Investor Rights Agreement, Right of First Refusal
and Co-Sale Agreement, and Voting Agreement.

 

As an inducement to Activision to consummate the
Series A Offering, MGM, myVEGAS and incuBET have agreed to amend certain terms of the Marketing Agreement, and to affirm certain
agreements.

 

The parties agree as follows:

 

1.             Consent
of Activision. MGM hereby consents to Activision's equity ownership interest in incuBET in the Series A Offering, and any subsequent
Change of Control (as defined in the Marketing Agreement) in which Activision is (i) the acquirer of fifty percent (50%) or more
of the beneficial ownership of the Founder's Shares, (ii) the entity that holds a majority of the shares of the surviving entity
into which incuBET merges, or (iii) the acquirer of all or substantially all of the assets of incuBET, provided in each case that
the requirements of clause (i), if applicable, and clause (2) of Section 10.2 of the Marketing Agreement are satisfied at the
time of such Change of Control.

 

2.             Amendment
of Marketing Agreement. MGM, myVEGAS and incuBET hereby agree to amend Sections 10.1, 10.2 and 17.6 of the Marketing Agreement in
its entirety to read as follows:

 

10.1            Equity.
As consideration for the use of the Licensed Marks and Licensed Copyrights and the joint marketing efforts, and in lieu of payment of
royalties, incuBET, Inc., a Delaware corporation ("incuBET") and the parent company of myVEGAS, issued to MGM Six
Hundred Thousand (600,000) shares of common stock of incuBET, which number of shares, upon issuance, equaled ten percent (10%) of the
total shares of common stock of incuBET issued to the founders of incuBET (the "Founders"), including MGM (the "Founder's
Shares"). In connection therewith and as a condition precedent to issuing the Shares, MGM entered into and become a party to a Stock
Purchase Agreement dated July 1, 2011 in the form attached hereto as Exhibit  A, which was substantially the same form
as the Founder Stock Purchase Agreements entered into by and between the Company and the Founders. In addition, MGM hereby agrees to enter
into (i) the Investor Rights Agreement, Right of First Refusal and Co-Sale Agreement (the "Co-Sale Agreement"), and Voting
Agreement between incuBET, MGM, Activision Publishing, Inc., and other investors in incuBET's offering of shares of Series A
Preferred Stock (the "Series A Offering") and (ii) the Letter Agreement (the "Letter Agreement")
to be entered into in connection with the Series A Offering among incuBET, Activision Publishing, Inc. and the Founders (as
defined in the Letter Agreement).

 

    

     

    

 

10.2            Change
of Control and Assignment Restrictions. Except as set forth below in this Section, incuBET hereby agrees that it will not enter into
an agreement or arrangement that results in a Change of Control without the prior written consent of MGM, such consent not to be unreasonably
withheld or delayed. Notwithstanding the preceding sentence, beginning on the Effective Date of the Agreement and continuing for a period
of three (3) years ("Initial Period"), incuBET is permitted to enter into any agreement or arrangement that results
in a Change in Control (as defined below) of myVegas or incuBET provided that: ( 1) Andrew Pascal is designated as and performs the functional
duties of the Chairman of the Board, Chief Executive Officer, Chief Operating Officer or President of incuBET for the remainder of the
Initial Period; (2) neither the person or entity acquiring control of myVegas or incuBET, nor its affiliates, operates or own, in
whole or in part, any land-based casino; (3) MGM reasonably believes that neither the person or entity acquiring control of myVegas
or incuBET, nor its affiliates, are in any business that may negatively affect MGM's reputation or goodwill; and (4) MGM reasonably
believes that neither the person or entity acquiring control of myVegas or incuBET, nor its affiliates, would negatively affect MGM's
ability to maintain or obtain a gaming license in any jurisdiction of interest to MGM. After the Initial Term, incuBET shall be permitted
to enter into any agreement or arrangement that results in a Change in Control if the requirements of Paragraph 10.2(2)-(4) are satisfied.
A "Change of Control" means a transaction or a series of related transactions in which: (i) fifty percent (50%) or more
of the beneficial ownership of the Founder's Shares are sold assigned or otherwise transferred to any entity not wholly owned and controlled
by incuBET; (ii) incuBET merges into another entity other than in a transaction in which the shares of incuBET are converted into
a majority of the shares of the surviving entity; (iii) all or substantially all of the assets of incuBET or myVEGAS are sold, transferred
or otherwise assigned, or (iv) a Proposed Sale as defined in the Voting Agreement occurs; or (v) a sale, assignment or transfer
of the Game occurs.

 

17.6            Assignment;
Delegation. No party may assign any of its rights under this Agreement, or delegate any performance under this Agreement, in whole
or in part, except with the prior written consent of the other party, such consent not to be unreasonably withheld.

 

3.             Proxy
Upon Involuntary Assignment of Company Stock. Notwithstanding anything to the contrary in the Investor Rights Agreement, Right of
First Refusal and Co-Sale Agreement, Letter Agreement and Voting Agreement, each of even date herewith and as amended from time to time
(the “Financing Agreements”), or any other agreement between incuBET and MGM (together with the Financing Agreements,
the "Applicable Agreements"), the contractual rights associated with the shares of Series A Preferred Stock and
any other shares of capital stock of incuBET which are held by and/or issued or issuable to MGM at any time may be involuntarily assigned
by MGM to a transferee or assignee in connection with any involuntary transfer or involuntary assignment of such shares, only (i) with
the prior written consent of incuBET, and (ii) unless otherwise agreed to by incuBET, if, upon any such involuntary transfer or involuntary
assignment, the transferee or assignee grants an irrevocable proxy to MGM to thereafter exercise the Rights (as defined below) with respect
to such shares. For purposes hereof, the "Rights" shall mean the rights and privileges as the holder of such shares would regularly
enjoy as it pertains to voting, consents, notice, discussion, or any other matter arising for consideration and action during business
of any meeting of the stockholders of incuBET or pursuant to consent actions taken in writing by the stockholders of incuBET, whether
such actions are requested, required by or taking in connection with applicable law, incuBET's Certificate of lncorporation (as amended
from time to time) or any contract or other written arrangement to which MGM is or becomes a party that relates to such shares and its
rights or obligations in connection therewith, or otherwise, including, without limitation, the Financing Agreements.

 

    

     

    

 

4.             Consent
to Merger of myVEGAS. Contemporaneously with or prior to the closing ofthe Series A Offering incuBET shall merge myVEGAS with
and into incuBET (the "Merger"). MGM hereby consents to the Merger and to the assignment ofthe Marketing Agreement to
incuBET as a result ofthe Merger. incuBET hereby agrees to be bound by all of the terms and conditions of the Marketing Agreement, as
amended hereby.

 

5.             Effectiveness.
This Agreement is effective as of the Effective Date, and except as expressly set forth in this Agreement, the terms and provisions of
the Marketing Agreement and the Financing Agreements will remain in full force and effect as executed.

 

[Signature page follows]

 

    

     

    

 

The undersigned have executed this Agreement as
of the day and year first above written as authorized officers or signatories of the relevant party.

 

	 	myVEGAS LLC
	 	 
	 	 
	 	/s/ Andrew S. Pascal
	 	Andrew Pascal, CEO
	 	 
	 	incuBET, Inc.
	 	 
	 	 
	 	/s/ Andrew S. Pascal
	 	Andrew Pascal, CEO
	 	 
	 	MGM Resorts International
	 	 
	 	 
	 	/s/ Bill Hornbuckle
	 	Bill Hornbuckle, Chief Marketing Officer
	 	 

 

    

     

    

 

EXHIBIT A

 

STOCK PURCHASE AGREEMENTExhibit 10.20

 

CORRECTIVE AMENDMENT TO

 

MARKETING AGREEMENT

 

This Corrective Amendment (“Amendment”),
entered into on July 20, 2011, is between MGM Resorts International, a Delaware corporation (“MGM”), and
incuBET, Inc., a Delaware corporation (“incuBET”) (formerly myVEGAS.com, LLC, a Nevada limited liability
company), and amends in part the Marketing Agreement dated April 13, 2011 between MGM and incuBET, as amended (the “Agreement”).

 

RECITALS

 

Whereas, MGM and incuBET acknowledge that the Agreement
(i) contained two cross-reference errors and each wishes to correct the errors, and (ii) contained an incomplete notice provision
and each wishes to complete that provision.

 

AGREEMENT

 

NOW, THEREFORE, based on the foregoing recitals,
which are incorporated herein by reference, and for good and valuable consideration, the receipt and adequacy of which the parties hereby
acknowledge, the parties agree as follows:

 

1.             Amendment.

 

1.1.            Section 10.3.
Section 10.3 of the Agreement is hereby amended in part by deleting the reference to “Section 10.3” in the first
sentence of that section and inserting in its place a reference to “Section 10.4” (i.e. the Profit Share obligations
are subject to the repurchase right described in Section 10.4, which if exercised, extinguishes the Profit Share).

 

1.2.            Section 10.4. Section 10.4
of the Agreement is hereby amended by deleting the reference to “Section 10.2” in the last sentence of that section and
inserting in its place a reference to “Section 10.3” (i.e. upon exercise of the repurchase right and payment of the lump
sum described therein the obligation to pay the Profit Share is extinguished).

 

1.3.            Section 17.19.
The table of notice information in Section 17.19 of the Agreement is hereby amended in its entirety and replaced with the following:

 

	
    If to MGM, to:

     

    MGM Resorts International

    3600 Las Vegas Boulevard South

    Las Vegas, NV 89109-4303

    Fax: (702) 693-8123

    Attn: Bill Hornbuckle
	
    If to incuBET, to:

     

    incuBET, Inc.

    3883 Howard Hughes Pkwy, 8th Floor

    Las Vegas, NV 89169

    Fax: 702-215-2189

    Attn: Andrew Pascal, CEO

 

2.             Effectiveness
of Amendment. This Amendment is deemed effective as of the Effective Date of the Agreement. Except as set forth in this Amendment,
the Agreement remains unchanged and in full force and effect.

 

[Signature page follows]

 

    Page 1 of 2

     

    

 

The undersigned have executed this Amendment as
of the day and year first above written as authorized officers or signatories of the relevant party.

 

	 	incuBET, Inc.
	 	 
	 	 
	 	/s/ Andrew S. Pascal
	 	Andrew Pascal, CEO
	 	 
	 	 
	 	MGM Resorts International
	 	 
	 	 
	 	/s/ Bill Hornbuckle
	 	Bill Hornbuckle, Chief Marketing Officer

 

    Page 2 of 2

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