Document:

Ingenio Pay Per Call® Advertising Distribution Agreement

    Exhibit
      10.7

     

    
      INGENIO
        PAY PER CALL® ADVERTISING
        DISTRIBUTION AGREEMENT

       

      Ingenio,
        Inc., a Delaware corporation, with its principal place of business at 100
        California Street, Suite 400, San
        Francisco, CA 94111 ("Ingenio") and Upsnap, Inc. with its principal place
        of
        business at 134 Jackson Street, Suite 203,
        PO
        Box 2399, Davidson,
        NC
        28036
        ("COMPANY" together with Ingenio, the "Parties") hereby enter into the agreement
        set forth herein ("Pay Per Call Advertising Distribution Agreement" or
        "Agreement"), effective as of March 9,
        2006
        (the "Effective Date"). All capitalized terms not otherwise defined herein,
        shall have the meaning attributed to them
        on
Exhibit
        A attached
        hereto and incorporated by this reference.

       

      1.    Services.

       

      1.1    Pay
        Per Call Advertising Service. 
        The pay per call advertising service is an information service provided by
        Ingenio to COMPANY under which Subscribing Advertisers pay a Successful Call
        Fee
        for each call that they receive on an Ingenio Toll-Free Number ("Pay Per
        Call
        Advertising Service").

       

      1.2    Distribution
        and Display of Pay Per Call Listings. 
        Under this Agreement, COMPANY will have the right
        to
        request Ingenio to supply Pay Per Call Listings for display on the following
        COMPANY mobile service 27627 (the
        "COMPANY website(s)"). COMPANY may make such requests and Ingenio will supply
        such listings in accordance
        with the then current terms of Ingenio's Pay Per Call Advertising Network
        Program (the "Network Program") provided to you by Ingenio. Updates to the
        Network Program may be sent to Company from time to time and
        the
        Company will have a reasonable time to comply with any new requirements.
        Pay Per
        Call Listings will be displayed
        on the COMPANY website(s) such that visitors to the COMPANY website(s) may
        call
        Subscribing Advertisers.
        Ingenio has the right to reject any affiliates at any time that Ingenio deems
        inappropriate for Pay Per Call.

       

      1.3    Launch
        Date. 
        The Parties will use commercially reasonable efforts to display Pay Per Call
        Listings on the COMPANY website(s) within sixty (60) days following the
        Effective Date of this Agreement (the "Pay Per Call Listings Launch
        Date").

       

      2.    COMPANY's Obligations.

       

      COMPANY
        shall be solely responsible to: (i) prominently promote Pay Per Call Listings
        and utilize best practices
        (e.g., show
        your
        ads above the fold, place ads on highly trafficked pages, place ads within
        search results if available)
        on the COMPANY website(s), and (ii) display listings in accordance with the
        Network Program. COMPANY agrees
        to
        comply with the specifications provided by Ingenio to enable proper delivery,
        display, tracking, and reporting of
        Pay
        Per Call Listings in connection with COMPANY website(s), including without
        limitation by not modifying the API or other programming provided to COMPANY
        by
        Ingenio in any way, unless expressly authorized in writing by Ingenio.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      3.    Ingenio's
        Obligations.

       

      Ingenio
        shall be solely responsible to: (i) operate, maintain and make available
        to
        COMPANY Pay Per Call Advertising Service, including the provision and hosting
        of
        the telephony infrastructure and transactions; (ii) supply to Company Pay
        Per
        Call Listings for display on the COMPANY website(s); and (iii) bill each
        Subscribing Advertiser an agreed upon amount for each call that such Subscribing
        Advertiser receives on their Ingenio Toll-Free Number.

       

      4.    Revenue
        Share and Payment Terms.

       

      4.1    Pricing. 
        Net
        Revenue
        share to
        COMPANY shall
        receive 70% of the Net Revenue received for Successful Calls generated by
        Ingenio Advertising Network Subscribing Advertisers on
        COMPANY.

       

      4.2    General
        Pavment Terms. 
        Ingenio will calculate all fees due to COMPANY on a monthly basis and provide
        a
        report to COMPANY detailing fees owed within 30 days following the end of
        each
        calendar month. If COMPANY's unpaid cumulative quarterly fees exceed $250
        in any
        given month then Ingenio will pay COMPANY the cumulative amount within 30
        days
        following the end the month. If COMPANY's unpaid, cumulative monthly fees
        are
        less than $250 such unpaid fees will be rolled to the following month. If
        this
        Agreement is terminated, all fees due at the time of termination will be
        paid
        within thirty (30) days following termination.

       

      4.3    Reporting.
         
        Ingenio
        will provide COMPANY
        with Pay Per
        Call
        Advertising Service standard reports that
        will
        include information about Successful Calls made by Calling Customers to
        Subscribing Advertisers through Ingenio's Toll-Free
        Number(s).
        This
        information may include call counts, duration of calls, date of calls, revenue
        earned,
        and other relevant data.

       

      4.4    Audit. 
        Ingenio
        shall keep records for one year from the date of recording the item or activity.
        Upon thirty
        (30)
        days'
        written notice, not more than once during any twelve (12)
        month
        period,
        COMPANY
        may, on reasonable
        notice by appointment during normal business hours, cause an independent
        auditor
        to inspect the records reasonably
        related to the calculation of revenues,
        costs
        and
        payments due
        to
        COMPANY, for
        the
        purpose of verifying payments
        under this Agreement.
        The
        independent accredited auditor shall have a non-disclosure
        agreement with Ingenio.
        The
        Auditor shall share with
        COMPANY only
        the
        results of the Audit conducted and will not share any of the data reviewed
        in
        the conduct of the Audit.
        If
        the
        amounts actually paid by
        Ingenio to COMPANY are
        determined to be less than the appropriate amount payable under the terms
        of
        this Agreement,
        Ingenio
        shall pay
        to
        COMPANY the amount
        of
        any such underpayment.
        Any
        audit
        shall be conducted at
        COMPANY's sole
        cost
        and expense, except that, if an
        examination of Ingenio' books and/or records reveals a deficiency in
        amounts paid
        to
        COMPANY of
        ten
        (10%) percent
        or more of the total amounts accounted to
        COMPANY during
        any monthly period examined,
        Ingenio
        shall pay all
        reasonable expenses related to the performance of the audit.
        All
        statements rendered by Ingenio to COMPANY
        shall be
        deemed
        conclusive unless objection is made within twelve (12)
        months from the date of such statement.

       

      
        
          
          

        

        
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      4.5    No
        Guarantee. 
        Ingenio
        makes no guarantee regarding the level of mpressions of or calls on any Pay
        Per
        Call Listing, the timing of delivery of such impressions and/or calls, or
        the
        amount of any revenue to be earned by COMPANY
        under this Agreement. Any forecast related discussions are for illustrative
        purposes only and not indicative of
        a
        guarantee of performance.

       

      5.    Proprietary
        Rights and Restrictions.

       

      5.1    General.  Ingenio
        is the non-exclusive supplier of Pay Per Call Advertising Services and like
        services provided
        by third parties to COMPANY, and is the exclusive owner of all right, title
        and
        interest in and to the Ingenio Toll-Free
        Number, all software, databases and other aspects and technologies related
        to
        the Pay Per Call Advertising Service,
        any modifications, improvements and enhancements thereto and any materials
        provided to COMPANY by Ingenio
        for purposes of utilizing the Pay Per Call Advertising Service, or otherwise.
        COMPANY may not use the Pay Per
        Call
        Advertising Service except pursuant to the limited rights expressly granted
        in
        this Agreement.

       

      5.2    Rights
        Regarding Trademarks. 
        Subject
        to the terms of this Agreement and as necessary to perform the
        obligations under this Agreement, each Party has the nonexclusive,
        nontransferable and nonsublicensable right to use
        and
        display the other Party's trademarks and service marks relating to Pay Per
        Call
        Advertising Services. Such usage
        must be truthful, fair and not misleading or disparaging. Each
        Party retains all right, title and interest to its respective
        marks and no right, title or interest is transferred to the other.

       

      6.    User
        Data.

       

      Ingenio
        owns all information collected from Calling Customers and Subscribing
        Advertisers using the Pay Per Call
        Advertising Service ("Pay Per Call User Data"). Ingenio will not sell, disclose,
        transfer or rent any such Pay Per Call User Data, that could reasonably be
        used
        in any manner, alone or in conjunction with other information provided
by
        Subscribing Advertisers and Calling Customers or third parties, to identify
        a
        specific named individual ("Individual Data")
        to
        any third party nor use such Individual Data on behalf of any third party
        without the express consent of the Subscribing
        Advertiser or Calling Customer. Notwithstanding
        the foregoing or anything to the contrary in this Agreement, Ingenio has
        the
        right to aggregate data and provide general statistical information about
        the
        Pay Per Call Advertising Service and the usage of such service to third parties.
        Ingenio
        agrees to abide by the then-current laws regarding
        publicity and right of privacy.

       

      7.    Term
        and Termination.

      

      7.1    Initial
        Term and Renewals. 
        This
        Agreement will become effective as of the Effective Date and shall, unless
        sooner terminated as provided below or as otherwise agreed, remain effective
        for
        an initial term of one (1) year from
        the
        Pay Per Call Listings Launch Date (the "Initial Term"). After the Initial
        Term,
        this Agreement will be renewed
        for additional one (1) year period (a "Renewal Term"), unless either Party
        notifies the other Party of its intention
        not to renew not less than thirty (30) days prior to the end of the Initial
        Term
        or any Renewal Term, as the case may
        be.
        As used herein, the "Term" means the initial Term and any Renewal Term,
        collectively.

       

      
        
          
          

        

        
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      7.2    Termination
        for Cause. 
        At
        any
        time during the Term, this Agreement shall terminate (i) thirty (30)
days
        after a Party's notice to the other Party that such other Party is in breach
        hereunder, unless the other Party cures such
        breach within said thirty (30) day period or (ii) upon five (5) days prior
        written notice from Ingenio to COMPANY of
        Ingenio's reasonable determination that COMPANY is using the Pay Per Call
        Advertising Service in a manner that will
        damage or cause injury to the Pay Per Call Advertising Service or reflect
        unfavorably on the reputation of Ingenio, unless
        COMPANY cures such breach within said five (5) day period.

       

      7.3    Effect
        of Termination. 
        Any
        termination pursuant to this Section 7 shall be without any liability or
        obligation
        of the terminating Party, other than with respect to any breach of this
        Agreement by the terminating Party prior to such termination. Upon the
        expiration or termination of this Agreement each Party shall: (i) immediately
        cease its
        use
        of the other Party's Intellectual Property Rights in connection with this
        Agreement; (ii) immediately pay to the other
        any
        sums outstanding that are then due and payable under this Agreement; and
        (iii)
        return to the other Party marketing
        literature and materials of the other Party in its possession or shall destroy
        such items and certify their destruction
        to the other Party. Notwithstanding
        the foregoing or anything to the contrary in this Agreement, upon termination
        of this Agreement, Ingenio shall retain all rights to the Pay Per Call User
        Data
        and the Pay Per Call Listings, including
        but not limited to, the right to use on the Ingenio website and the right
        to
        include in the Ingenio Advertising Network.
        The provisions of Sections 6 (User Data), 7 (Termination), 8 (Indemnification),
        9 (Warranties Excuded), 10 (Limitation
        and Exclusion of Liability), 11 (Confidentiality) and 13 (Miscellaneous)
        shall
        survive any termination or expiration
        of this Agreement.

       

      8.    Indemnification.

       

      Each of
        COMPANY and
        Ingenio agree to indemnify and hold harmless the other Party and their
        respective employees,
        directors,
        representatives,
        agents,
        and affiliates,
        against
        any and all costs,
        damages, and expenses, including,
        but
        not
        limited to, reasonable attorneys'
        fees
        and
        costs awarded against or otherwise incurred by the indemnified Party in
        connection with or arising from any third party claims, suits,
        actions,
        or other proceedings brought against the other Party
        based on or arising from any claim that the website, content,
        ads
        or
        displays of the indemnifying Party misappropriate
        or infringe upon the intellectual Property Rights of a third party, provided
        that the indemnifying Party receives prompt notice and an opportunity to
        assume
        sole control of the defense and settlement of such claim (provided that the
        indemnifying Party shall not obligate the indemnified Party in any way without
        the indemnified Party's written
        consent).

       

      9.    Warranties
        Excluded

       

      EXCEPT
        AS OTHERWISE SET FORTH IN THIS
        AGREEMENT,
        NEITHER PARTY MAKES ANY REPRESENTATIONS
        OR WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, WITH RESPECT TO ANY ITEMS
        OR
        SERVICES PROVIDED HEREUNDER, INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTY
        ARISING
        BY USAGE OF TRADE, COURSE OF DEALING OR COURSE OF PERFORMANCE AND ANY IMPLIED
        WARRANTY
        OF NON-INFRINGEMENT. WITHOUT LIMITING
        THE
        GENERALITY OF THE FOREGOING, EACH PARTY

       

      
        
          
          

        

        
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      ACKNOWLEDGES
        THAT THE WEB SITES, SERVERS AND OTHER HARDWARE, SOFTWARE AND ANY
OTHER
        ITEMS USED OR PROVIDED IN CONNECTION WITH HOSTING SUCH WEB SITES OR PERFORMANCE
        OF
        ANY
        SERVICES
        HEREUNDER ARE PROVIDED "AS 1S" AND THAT, EXCEPT AS OTHERWISE PROVIDED
HEREIN,
        NEITHER PARTY MAKES ANY WARRANTY THA'I' THE SERVICES IT PROVIDES HEREUNDER
        WILL
BE
        FREE FROM BUGS, FAULTS, DEFECTS OR ERRORS OR THAT ACCESS TO ANY OF THE SERVICES
        WILL BE UNINTERRUPTED.

       

      10.   Limitation
        and Exclusion of
        Liability.

       

      EXCEPT
        FOR LIABILITIES ARISING FROM BREACH OF CONFIDENTIALITY OR INFRINGEMENT
OF
        THE
        INTELLECTUAL PROPERTY RIGHTS OF THE OTHER PARTY UNDER
        NO
        CIRCUMSTANCES SHALL
        EITHER PARTY BE
        LIABLE
        TO
        THE
        OTHER
        PARTY FOR
        INDIRECT, INCIDENTAL,
        CONSEQUENTIAL,
        SPECIAL, PUNITIVE OR EXEMPLARY DAMAGES ARISING FROM THIS AGREEMENT, WHETHER
        BASED ON BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE), OR OTHERWISE,
EVEN
        IF
        SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, INCLUDING,
        BUT
NOT
        LIMITED TO, LOSS OF DATA, REVENUE OR ANTICIPATED PROFITS OR LOST BUSINESS.
        OTHER
THAN
        THE
        FEES DESCRIBED IN SECTION 5 HEREIN, IN NO EVENT SHALL EITHER PARTY'S
AGGREGATE LIABILITY
        UNDER THIS AGREEMENT EXCEED ONE HUNDRED THOUSAND DOLLARS ($100,000).

      

      11.   Confidentiality.

      

      The
        terms
        of this Agreement and information and data that one Party (the
        "Receiving Party")
        has
        received or will
        receive from the
        other
Party
        (the
        "Disclosing Party")
        about
        the Pay Per Call Advertising Service and each party's trade
        secrets and other matters are proprietary and confidential information
("Confidential
        Information"), including without
        limitation any information that is marked as "confidential"
        or
        should
        be reasonably understood to be confidential
        or proprietary to the Disclosing Party and any reference manuals compiled
        or
        provided hereunder.
        The Receiving
        Party agrees that for the Term and for two (2)
        years
        thereafter, the Receiving Party will not disclose the Confidential
        Information to any third party, nor use the Confidential Information for
        any
        purpose not permitted under this
        Agreement.
        The
        nondisclosure obligations set forth in this Section shall not apply to
        information that the Receiving Party
        can
        document is generally available to the public (other
        than through breach of this Agreement),
        was
        already lawfully
        in the Receiving Party's possession at the time of receipt of the information
        from the Disclosing Party, is independently
        developed by the Receiving Party without use of or reference to the Disclosing
        Party's Confidential Information,
        or
        becomes known by the Receiving Party
        from
        a
        third party and, to the Receiving
        Party's knowledge,
        is not
        subject to an obligation of
        confidentiality to
        the
        Disclosing Party.

      

      12.   Public
        Announcement.

      

      lngenio
        has the right to include
        COMPANY in marketing materials
        as a member of the

       

      
        
          
          

        

        
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      Network
        Program. Neither
        Party shall issue
        a
        press release regarding the existence of
        this
Agreement
        without the other party's
        prior
        written approval
        and consent.

      

      13.   Miscellaneous.

      

      13.1    Notice. 
        All
        notices, requests, demands, claims and other communications provided for
        or
        permitted under
        this Agreement shall be in writing and shall be deemed duly given (i) if
        personally delivered, when so delivered, (ii) if mailed, two business days
        after
        having been sent by registered or certified mail, return receipt requested,
        postage prepaid and addressed to the intended recipient as set forth below,
        (iii) if given by facsimile, once such notice or other communication is
        transmitted to the facsimile number specified below and the appropriate answer
        back or telephonic confirmation is received, provided that such notice or
        other
        communication is promptly thereafter mailed in accordance with
        the
        provisions of clause (ii) above, or (iv) if sent through an overnight delivery
        service in circumstances to which such service guarantees next day delivery,
        the
        day following being so sent. Notices may be given by means other than those
        described herein, but in such case they shall be deemed given when
        received.

      

      
        	 	
                For
                  Ingenio:

              	
                Vice
                  President, Business Development

                Ingenio,
                  Inc.

                100
                  California Street, Suite 400

                San
                  Francisco, CA 94111

                Fax:
                  (415) 248-4100

                 

              
	 	
                For
                  COMPANY:

              	
                CEO,

                Upsnap,
                  Inc.

                134
                  Jackson Street,

                PO
                  Box 2399

                Davidson
                  NC 28036

              

      

      

      13.2    Force
        Majeure. 
        Neither Party shall be deemed to be in default of or to have breached any
        provision of this
        Agreement as a result of any delay, failure in performance or interruption
        of
        service, resulting directly or indirectly from
        acts
        of God, acts of civil or military authorities, civil disturbances, wars,
        strikes
        or other labor disputes, fires, transportation
        contingencies, interruptions in telecommunications, carrier access,
        distribution, billing, manufacturing or Internet
        services, other catastrophes or any other occurrences that are beyond such
        Party's reasonable control; provided, however,
        that either Party may terminate this Agreement upon written notice to the
        other
        Party in the event of non-performance by the other Party for more than sixty
        (60) days following the initial delay, failure or interruption caused
by
        any
        such "force majeure" occurrence.

       

      13.3    Governing
        Law
        and Dispute Resolution. 
        This
        Agreement will be
        governed by and construed
        in accordance
        with the laws of
        the
        State of California, without
        reference to its conflicts
        of laws rules. If
        any
        provision of this
        Agreement is found invalid
        or unenforceable, that provision will be enforced to the maximum extent
        permissible, and
        the
        other provisions of this Agreement will remain in
        force.
        Any claims or disputes will
        be
        submitted to executives of
        each
        Party prior to initiation of any formal legal process; provided,
        however, this provision shall not preclude either
        Party

       

      
        
          
          

        

        
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      from
        resorting to
        judicial proceedings if:
        (i)
        good faith efforts to
        resolve the dispute by
        such
        executives are unsuccessful;
        or (ii) the
        claim
        or dispute relates
        to Intellectual Property
        Rights; or (iii) interim
        relief from a
        court
        is necessary
        to prevent serious and
        irreparable injury to the
        Party
        or
        to third parties.

       

      13.4    Relationship. 
        Neither
        this Agreement, nor
        any
        terms and conditions
        contained herein
        may be construed
        as creating or
        constituting a
        partnership, joint venture,
        employment or
        agency
        relationship between
        the Parties.
        Each Party shall be
        and
        act as
        an
        independent contractor.

       

      13.5    Modifications
        and Waivers. 
        This
        Agreement represents the
        entire and exclusive agreement
        between Ingenio
        and COMPANY relating
        to the subject matter
        of
        this Agreement and supersedes all prior
        agreements or
        understandings,
        written or
        oral,
        relating to the subject matter
        of
        this Agreement. No failure or delay on the part of either Party
        in
        exercising any right, power or remedy under this Agreement shall operate
        as
        a
        waiver, nor shall any single
        or
partial
        exercise of any such
        right, power or remedy preclude
        any other or further exercise
        or the exercise of
        any
        other right,
        power or remedy. Unless
        otherwise specified, any
        amendment, supplement or modification of or to any provision
        of
        this
        Agreement, any waiver of
        any
        provision of this Agreement and
        any
        consent to any departure by the Parties from the
        terms
        of this Agreement, shall be effective only if it is
        made
        or given in writing and
        signed by both Parties.

       

      13.6    Assignment. 
        This Agreement and the rights
        hereunder are not transferable
        or assignable without
        the prior
        written consent of
        the
        non-assigning Party;
        provided, however, that
        this
        Agreement may be
        assigned without the other
        Party's consent (a)
        to a
        person or entity
        who acquires all, or substantially
        all, of
        the
        Party's assets, stock
        or
        business by sale, merger or otherwise and
        (b)
by
        Ingenio
        to
an affiliate
        of
        Ingenio in the event of any corporate reorganization. 

       

      IN
        WITNESS WHEREOF, the
        Parties have caused this
        Agreement to
        be
        executed by
        their
        duly authorized representatives as of the date first written above.

       

      
        	
                "COMPANY"

                 

                Upsnap,
                  Inc.

                 

              	 	
                "INGENIO"

                 

                Ingenio,
                  Inc.

              
	
                By:

              	 	 	
                By:

              	 
	
                Name:

              	 	 	
                Name:

              	 
	
                Title:

              	 	 	
                Title:

              	 

      

      

      
        
          
          

        

        
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      EXHIBIT
        A

       

      DEFINITIONS

       

      
        "Calling
          Customer" shall
          mean an individual who initiates a call from a Subscribing Advertiser's
          Pay Per Call Listing.

      

       

      "Intellectual
        Property Rights" shall mean all rights in and to trade secrets, patents,
        copyrights, trademarks, service marks,
        logos, trade dress, know-how, and similar rights of any type under the laws
        of
        airy governmental authority, domestic or foreign, now known or hereafter
        developed.

       

      "Ingenio
        Toll-Free Number" shall mean a unique toll-free phone number assigned by
        Ingenio
        to a Subscribing Advertiser.

       

      “Ingenio
        Advertising Network" shall mean the web-based reference service that lists
        the
        names, descriptive information and contact information of Subscribing
        Advertisers, which may be promoted by Ingenio and/or third parties.

       

      "Net
        Revenue" is equal to total revenues collected and received by Ingenio from
        Subscribing Advertisers for Successful
        Call Fees less (a) a telecommunications fee of $0.10 per minute or any fraction
        thereof, and (b) an administration
        fee of 10% of the cost of Successful Call.

       

      "Pay
        Per
        Call Listing" shall mean the name, Ingenio Toll-Free Number and other
        descriptive information of the Subscribing
        Advertiser listed in the Ingenio Advertising Network.

       

      "Subscribing
        Advertiser" shall mean an advertiser who elects to subscribe to the Pay Per
        Call
        Advertising Service.

       

      "Successful
        Call" means a charged call from a Calling Customer through the Ingenio Toll-Free
        Number that is transmitted
        by Ingenio, regardless of whether the call is transmitted to a busy signal,
        is
        unanswered, or a connection is
        made
        to a live person or to voicemail.

       

      "Successful
        Call Fee" shall mean the
        fee
        paid to Ingenio by a Subscribing Advertiser for each Successful Call made
        by a
        Calling Customer to a Subscribing Advertiser's Ingenio Toll-Free
        Number.

       

      
        
          
          

        

        
          8exv4w1

 

Exhibit 4.1

CONFORMED COPY

FIRST AMENDMENT TO CREDIT AGREEMENT

     FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), dated as of August 21, 2006,
among AMERISTAR CASINOS, INC., a Nevada corporation (the “Borrower”), the various lenders
party to the Credit Agreement referred to below (the “Lenders”) and DEUTSCHE BANK TRUST
COMPANY AMERICAS, as Administrative Agent (all capitalized terms used herein and not otherwise
defined herein shall have the respective meanings provided such terms in the Credit Agreement as
defined below).

W I T N E S S E T H:

     WHEREAS, the Borrower, the Lenders, the Administrative Agent and the other agents party
thereto are party to a Credit Agreement, dated as of November 10, 2005 (as amended, modified or
supplemented through the date hereof, the “Credit Agreement”);

     WHEREAS, the Borrower has requested that the Lenders agree to certain amendments to the Credit
Agreement; and

     WHEREAS, the Borrower and the Lenders wish to amend the Credit Agreement as provided herein;

     NOW, THEREFORE, it is agreed:

     1. Section 9.03 of the Credit Agreement is hereby amended by (x) deleting the text “and”
appearing in sub-clause (i) of said Section, (y) deleting the period (“.”) appearing in sub-clause
(ii) of said Section and inserting “; and” in lieu thereof and (z) adding the following new
sub-clause (iii) to said Section:

“(iii) in addition to any Dividends permitted to be made pursuant to sub-clauses (i) and
(ii) above, so long as no Default or Event of Default exists or would result therefrom, the
Borrower may make cash repurchases of its capital stock so long as the aggregate amount paid
(or value of property distributed) in respect of all such Dividends shall not exceed
$125,000,000.”.

     2. The Borrower hereby represents and warrants that (i) no Default or Event of Default exists
as of the First Amendment Effective Date (as defined below) both before and after giving effect to
this Amendment and (ii) on the First Amendment Effective Date, both before and after giving effect
to this Amendment, all representations and warranties (other than those representations made as of
a specified date) contained in the Credit Agreement and in the other Credit Documents are true and
correct in all material respects.

     3. This Amendment shall become effective on the date (the “First Amendment Effective
Date”) when the Required Lenders and the Borrower shall have signed a counterpart hereof
(whether the same or different counterparts) and shall have delivered (including by way of
facsimile transmission) the same to the Administrative Agent at White & Case LLP, 1155 Avenue of
the Americas, New York, NY 10036, Attention: May Yip-Daniels (facsimile number 212-354-8113).

 

 

     4. This Amendment is limited as specified and shall not constitute a modification, acceptance
or waiver of any other provision of the Credit Agreement or any other Credit Document.

     5. This Amendment may be executed in any number of counterparts and by the different parties
hereto on separate counterparts, each of which counterparts when executed and delivered shall be an
original, but all of which shall together constitute one and the same instrument. A complete set
of counterparts shall be lodged with the Borrower and the Administrative Agent.

     6. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY
AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

* * *

-2-

 

     IN WITNESS WHEREOF, the parties hereto have caused their duly authorized officers to execute
and deliver this Amendment as of the date first above written.

	 	 	 	 	 
	 	AMERISTAR CASINOS, INC.

 	 
	 	By:  	/s/ Thomas Steinbauer
 	 
	 	 	Title:  SVP & CFO 	 
	 	 	 	 
	 
	 	AMERISTAR CASINO VICKSBURG, INC.,

AMERISTAR CASINO COUNCIL BLUFFS, INC.,

CACTUS PETE’S, INC.,

A.C. FOOD SERVICES, INC.,

AMERISTAR CASINO ST. LOUIS, INC.,

AMERISTAR CASINO KANSAS CITY, INC.,

AMERISTAR CASINO ST. CHARLES, INC.,

AMERISTAR CASINO LAS VEGAS, INC., 

RICHMOND STREET DEVELOPMENT, INC.

AMERISTAR CASINO BLACK HAWK, INC.,

 	 
	 	By:  	/s/ Thomas Steinbauer
 	 
	 	 	Title:  SVP & CFO 	 
	 	 	 	 
	 
	 	DEUTSCHE BANK TRUST COMPANY AMERICAS, Individually and as Administrative Agent

 
	 
	 	By:  	/s/ Deirdre Whorton
 	 
	 	 	Title: Assistant Vice President 	 
	 	 	 	 
	 
	 	 	 
	 	By:  	                                              /s/ Michelle M. McCarthy
 	 
	 	 	Tile: Authorized Signatory 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

AMMC CLO IV, LIMITED	 
	 	By:  
	American Money Management Corp.,
as Collateral Manager
 	 
	 
	 	 	 

	 	 	 	 	 
	 	By:  	/s/ David P. Meyer
 	 
	 	 	Title: Senior Vice President 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG
    AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

AMMC CLO V, LIMITED	 
	 	By:  
	American Money Management Corp.,
as Collateral Manager
 	 
	 

	 	 	 	 	 
	 	 	 
	 	By:  	/s/ David P. Meyer
 	 
	 	 	Title: Senior Vice President 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG
    AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

AMMC CLO VI, LIMITED	 
	 	By:  
	American Money Management Corp.,
as Collateral Manager
 	 
	 

	 	 	 	 	 
	 	 	 
	 	By:  	/s/ David P. Meyer
 	 
	 	 	Title: Senior Vice President 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG
    AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

BANK OF HAWAII	 
	 
	 
	 	By:  	/s/ James Karnowski
 	 
	 	 	Title: Vice President 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG
   AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

BANK OF SCOTLAND

 	 
	 
	 	By:  	/s/ Joseph Fratus
 	 
	 	 	Title: First Vice President 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG
    AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

BNP PARIBAS

 	 
	 	By:  	/s/ Frederique Merhaut
 	 
	 	 	Title: Director 	 
	 	 	 	 
	 	 	 
	 	By:  	/s/ Malina Lul
 	 
	 	 	Title: Vice President 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG
AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

CALYON NEW YORK BRANCH

 	 
	 	By:  	/s/ F. Frank Herrera
 	 
	 	 	Title: Director 	 
	 	 	 	 
	 	 	 
	 	By:  	/s/ Gill Realon
 	 
	 	 	Title: Director 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

CAPITAL ONE, N.A.

 	 
	 	By:  	/s/ Jennifer Henry
 	 
	 	 	Title: Vice President 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

COMERICA WEST INCORPORATED

 	 
	 	By:  	/s/ Bryan C. Camden
 	 
	 	 	Title: Corporate Banking Officer 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

COMMERZBANK AG, New York and Grand Cayman Branches

 	 
	 	By:  	/s/ Karla Wirth
 	 
	 	 	Title: AVP 	 
	 	 	 	 
	 	 	 
	 	By:  	/s/ Yangling Si
 	 
	 	 	Title: AVP 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG AMERISTAR
CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

EMIGRANT BANK

 	 
	 	By:  	/s/ Patricia Goldstein
 	 
	 	 	Title: Senior Executive, Vice President 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

FIRST BANK

 	 
	 	By:  	/s/ Traci L. Dodson
 	 
	 	 	Title: Vice President 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

HSH NORDBANK AG, New York Branch

 	 
	 	By:  	/s/ Frank A. Anderson
 	 
	 	 	Title: Senior Vice President 	 
	 	 	 	 
	 	 	 
	 	By:  	/s/ Carmine Abbate
 	 
	 	 	Title: Assistant Vice President 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

MIZUHO CORPORATE BANK LIMITED

 	 
	 	By:  	/s/ Raymond Ventura
 	 
	 	 	Title: Deputy General Manager 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

NATEXIS BANQUES POPULAIRES

 	 
	 	By:  	/s/ Peyman Parhami
 	 
	 	 	Title: Vice President 	 
	 	 	 	 
	 	 	 
	 	By:  	/s/ Mark A. Harrington
 	 
	 	 	Title: Senior Vice President and Manager 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

NATIONAL CITY BANK

 	 
	 	By:  	/s/ Jeff Dysert
 	 
	 	 	Title: Vice President 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

PEOPLE’S BANK

 	 
	 	By:  	/s/ Francis J. McGinn
 	 
	 	 	Title: Vice President 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

SOCIETE GENERALE

 	 
	 	By:  	/s/ Jerry Parisi
 	 
	 	 	Title: Managing Director 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

TORONTO DOMINION (NEW YORK) LLC

 	 
	 	By:  	/s/ Masood Fikree
 	 
	 	 	Title: Authorized Signatory 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

UNION BANK OF CALIFORNIA, N.A.

 	 
	 	By:  	/s/ Clifford F. Cho
 	 
	 	 	Title: Vice President 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

UNITED OVERSEAS BANK LMITED,
     NY AGENCY

 	 
	 	By:  	/s/ George Lim
 	 
	 	 	Title: FVP & General Manager 	 
	 	 	 	 
	 	 	 
	 	By:  	/s/ Mario Sheng
 	 
	 	 	Title: AVP 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

U.S. Bank National Association

 	 
	 	By:  	/s/ Andrew Backstrom
 	 
	 	 	Title: Senior Vice President 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

WACHOVIA BANK, NATIONAL ASSOCIATION

 	 
	 	By:  	/s/ G. Lee Wagner, Jr.
 	 
	 	 	Title: Vice President 	 
	 	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SIGNATURE PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT DATED AS OF AUGUST 21, 2006, AMONG AMERISTAR CASINOS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT

NAME OF INSTITUTION:

WELLS FARGO BANK, N.A.

 	 
	 	By:  	/s/ Matthew Weber
 	 
	 	 	Title: Vice President

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