Document:

Casino Facilities Agreement, dated as of June 30, 2004

 Exhibit 10.33 
 CASINO FACILITIES AGREEMENT 
 (Lake Tahoe) 
 THIS CASINO FACILITIES AGREEMENT (this “Agreement”), dated as of June 30, 2004 (the “Effective Date”), by and
between HYATT CORPORATION, a Delaware corporation (“Hyatt”), and HCC CORPORATION, a Nevada corporation (“HCC”). Each of Hyatt and HCC are sometimes referred to herein, individually, as a “Party” and,
collectively, as the “Parties”. 
 RECITALS 
 WHEREAS, pursuant to that certain Gaming Space Lease Agreement, dated as of February 1, 1997 (as the same may be amended or modified from time to time, the “Lease Agreement”) between Hyatt
Equities, L.L.C., a Delaware limited liability company, and HCC, HCC leases approximately 19,000 square feet of space in the facility commonly known as the Hyatt Regency Lake Tahoe Resort & Casino (the “Resort”), located in
Incline Village, Nevada, which space is used to operate a casino and certain related facilities; and 
 WHEREAS, in order to provide for the
orderly conduct of the Business (as hereinafter defined) at the Facilities (as hereinafter defined), and upon the terms and subject to the conditions set forth in this Agreement, Hyatt and HCC desire to provide for certain services for the benefit
of HCC. 
 NOW THEREFORE, in consideration of the foregoing and the representations, warranties, covenants, and agreements set forth herein,
and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows: 
 ARTICLE I. 
 DEFINITIONS 
 Section 1.1 Definitions. 
 (a) Certain Definitions. The following terms shall have the meanings
specified below: 
 “AAA” means the American Arbitration Association. 
 “Action” means any action, claim, suit, arbitration, inquiry, proceeding or investigation by or before any court, any governmental or
other regulatory or administrative agency or commission or any arbitration tribunal. 
 “Affiliate” means, with respect to a
specified Person, a Person that directly, or indirectly through one or more intermediaries, controls or is controlled by, or is under common control with, the Person specified. The terms “controls,” “controlled by” and
“common control with” mean the ability, by ownership of voting securities or otherwise, directly or indirectly, to direct the managerial and operating policies of a Person. 

 “Business” means the ownership, management and/or operation of the Facilities, and/or
rendering consulting services in connection therewith, by HCC and its Subsidiaries, including, but not limited to, the development, construction, equipping, finishing, furnishing, maintenance, operation, management, advertising, marketing and
promotion of the Facilities. 
 “Business Day” means any day other than a Saturday or a Sunday or a day on which banks
located in Chicago, Illinois generally are authorized or required by law or regulation to close. 
 “Change of Control
Event” means, with respect to any Person, (i) the sale of all or substantially all of the assets of such Person and its Subsidiaries, taken as a whole, to one or more Persons other than PFBIs in one transaction or a series of related
transactions, (ii) a merger, consolidation, refinancing or recapitalization as a result of which one or more PFBIs collectively own or control, directly or indirectly, less than a majority of the voting securities of such Person or, as
applicable, the continuing or surviving entity immediately after such transaction, or (iii) the acquisition (in one or more transactions) by any Person or Persons acting together or constituting a “group” under Section 13(d) of
the Exchange Act together with any Affiliates thereof (other than PFBIs) of beneficial ownership (as defined in Rule 13d-3 under such Exchange Act) or control, directly or indirectly, of at least a majority of the total voting power of all classes
of securities of such Person entitled to vote generally in the election of directors or persons serving in similar functions. 
 “Employee Benefits Allocation Agreement” means that certain Employee Benefits Allocation Agreement, dated as of June 30, 2004, among Hyatt, Hyatt Gaming Management, Inc., H Group Holding, Inc., HCC, and Grand Victoria
Casino & Resort, L.P. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended. 
 “Facilities” means those casino and certain related facilities associated with the Resort which offer games of chance, including,
without limitation, slot machines, video lottery terminals, video machines, table games, “sport’s books,” bingo, racing, jai alai, and other games of chance and other endeavors that are common in gaming facilities in the respective
locations in which the business of HCC is at the Effective Date or may in the future be conducted, and restaurants, bars, lounges, entertainment facilities and shopping venues and other facilities associated therewith. 
 “HCC Change of Control Event” means an Change of Control Event of HCC. 
 “Hyatt Change of Control Event” means a Change of Control Event of Hyatt or any Hyatt Parent. 
 “Hyatt Parent” means any Person of which Hyatt is a direct or indirect wholly-owned Subsidiary. 
 “Insurance Proceeds” means those moneys (i) received by an insured from an insurance carrier or (ii) paid by an insurance
carrier on behalf of the insured, in either case net of any applicable premium adjustment, retrospectively-rated premium, deductible, retention, cost or reserve paid or held by or for the benefit of such insured. 
  

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 “Management Agreement” means that certain Amended and Restated Management Agreement
dated as of February 1, 1997 between Hyatt Equities, L.L.C. and Hyatt Tahoe Casino Management, Inc. 
 “Master Distribution
Agreement” means that certain Master Distribution Agreement, dated as of June 30, 2004, among H Group Holding, Inc., Hyatt, and CC-Development Group, Inc. 
 “Person” means an individual, a corporation, a partnership, a joint venture, a limited liability company or limited liability partnership, an association, a trust, estate or other fiduciary, any other
legal entity, and any government or governmental entity. 
 “Prime Rate” means the prime interest rate as reported in The
Wall Street Journal on a specified date. 
 “PFBI” includes (i) all lineal descendants of Nicholas J. Pritzker,
deceased; (ii) all trusts for the benefit of any individual described in clause (i) and the trustees of such trusts; (iii) all legal representatives of any individual or trust described in clauses (i) or (ii); and (iv) all
Persons controlling, controlled by or under common control with any Person described in clauses (i), (ii) or (iii). 
 “Related
Agreements” means all of the agreements, instruments, assignments or other documents set forth in writing, which are entered into in connection with the transactions contemplated by the Master Distribution Agreement and, including, without
limitation: the documents relating to the Preliminary Transactions (as defined in the Master Distribution Agreement), the Employee Benefits Allocation Agreement, the Tax Separation Agreement (as defined in the Master Distribution Agreement), and the
Transition Services Agreements. 
 “Subsidiary” means, with respect to any Person, (a) any corporation of which at
least a majority in interest of the outstanding voting stock (having by the terms thereof voting power under ordinary circumstances to elect a majority of the directors of such corporation, irrespective of whether or not at the time stock of any
other class or classes of such corporation shall have or might have voting power by reason of the happening of any contingency) is at the time, directly or indirectly, owned or controlled by such Person, by one or more Subsidiaries of such Person,
or by such Person and one or more of its Subsidiaries, or (b) any corporate or non- corporate entity in which such Person, one or more Subsidiaries of such Person, or such Person and one or more Subsidiaries of such Person, directly or
indirectly, at the date of determination thereof, has an ownership interest and which is included in the consolidated financial reports of such Person consistent with generally accepted accounting principles. 
 “Transition Services Agreements” means (i) that certain Transition Services Agreement, dated as of June 30, 2004, between
Hyatt and Hyatt Gaming Management, Inc., (ii) that certain Transition Services Agreement, dated as of June 30, 2004, between Hyatt and H Group Holding, Inc., and (iii) that certain Transition Services Agreement, dated as of
June 30, 2004, between Hyatt and CC-Development Group, Inc. 
  

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 (b) Other Defined Terms. Capitalized terms used herein but not otherwise defined above have the
meanings set forth in the sections referenced below: 
  

			
	 Defined Term
	  	Section Reference
	Agreement	  	Preamble
	Claim	  	9.1(b)
	Confidential Information	  	6.1
	Effective Date	  	Preamble
	HCC	  	Preamble
	HCC Indemnitees	  	8.2
	Hyatt	  	Preamble
	Hyatt Indemnitees	  	8.1
	Indemnifiable Loss	  	8.3
	Indemnifying Party	  	8.3
	Indemnitee	  	8.3
	Lease Agreement	  	Recitals
	Losses	  	8.1
	 Party and Parties
	  	Preamble
	Monthly Payment	  	3.3
	Monthly Payment Period	  	3.3
	Request for Arbitration	  	9.1(a)
	Services	  	2.1
	Third Party Claim	  	8.4

 ARTICLE II. 
 SERVICES 
 Section 2.1 Services. Subject to the provisions of Article IV and
Section 2.4 hereof, during the term of this Agreement, Hyatt shall use reasonable efforts to provide, or cause to be provided, to HCC each of the services set forth on Exhibit A attached hereto (collectively, the
“Services”) in respect of the Facilities. 
 Section 2.2 Independent Contractor. The relationship of Hyatt
and/or any party providing services hereunder, on the one hand, to HCC, on the other hand, pursuant to this Agreement is that of an independent contractor. HCC acknowledges that Hyatt may be providing similar services, and/or services that involve
the same resources as those used to provide the Services, to third parties. Hyatt may, at any time and in its sole discretion, determine the means and methods by which the Services are to be provided, including pursuant to subcontracting
arrangements with third parties for the provision of any or all of the Services; provided, that Hyatt shall use reasonable efforts to provide notice to HCC in the event it (a) enters into a new subcontracting relationship for a material
Service not subcontracted by Hyatt as of the Effective Date or (b) changes subcontractors with respect to a service subcontracted by Hyatt as of the date of this Agreement; provided, further, that failure by Hyatt to provide such
notice shall not be a breach of this Agreement. Hyatt shall be responsible for providing all materials, tools and facilities used by Hyatt to provide the Services. This Agreement is not 

  

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intended to create and shall not be construed as creating between Hyatt or any of its Affiliates, on the one hand, and HCC or any of its Affiliates, on the
other hand, any relationship other than as an independent contractor and purchaser of contract services, it being specifically acknowledged that there is no relationship between the parties of affiliate, principal and agent, joint venture,
partnership, or similar relationship any relationship that imposes or implies any fiduciary duty, including, without limitation, any duty of care or duty of loyalty. 
 Section 2.3 Service Levels. The Services shall be provided at commercially reasonable levels of quality, care and service. 
 Section 2.4 Termination of One or More Services. Notwithstanding Section 4.1 hereof, HCC shall have the right at any time during the term of this Agreement to terminate or reduce HCC’s use
of any one or more of the Services, for any reason or no reason, upon no less than thirty (30) days’ prior written notice to Hyatt. 
 Section 2.5 Audit of Services. Upon reasonable request during normal business hours, each Party shall permit the other Party or its representatives to examine and make copies and abstracts from its books and records solely
related to the Services for the purpose of auditing the charges under the terms of this Agreement and/or generally reviewing the Services provided and consumed hereunder. All costs and expenses of such inspection shall be borne by the inspecting
Party. 
 Section 2.6 Record-Keeping. Each of Hyatt and HCC agrees to retain all books and records with respect to matters
relating to the Services in accordance with Hyatt’s Records Retention Policy as in effect from time to time. Hyatt will provide HCC with a copy of its record retention policies in effect as of the date of this Agreement, and thereafter, shall
use reasonable efforts to provide HCC with notice of material modifications to such policies in a timely manner. HCC may request that Hyatt make specific exceptions to its record retention policies, and Hyatt will use reasonable efforts to
accommodate such requests. Notwithstanding the foregoing, each Party agrees to use reasonable efforts to give the other Party reasonable written notice prior to transferring (other than for storage purposes and in connection with the Services),
destroying or discarding any books and records of the other, and, if the other Party so requests, Hyatt and HCC shall, and shall cause their Affiliates, as applicable, to allow the other Party to take possession of such books and records or copies
thereof. 
 Section 2.7 Use of Services. HCC covenants and agrees that it will not resell any Service; provided,
however, such Services may be resold or passed through by it in connection with the conduct of the Business and the Facilities consistent with past practice. HCC further covenants and agrees that it will not use any Service in any way other
than in connection with the conduct of the Business, except as may otherwise be determined by mutual written agreement of the Parties. 
 Section 2.8 Priority of Lease Agreement. The Parties acknowledge and agree that (a) to the extent any provision of this Agreement conflicts with any provision of the Lease Agreement, the Lease Agreement shall govern to the
extent necessary to resolve the conflict, and (b) in the event any Services are also services provided pursuant to the terms of the Lease Agreement, they shall be provided in accordance with such terms and conditions of the Lease Agreement and
not pursuant to terms of this Agreement. 
  

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 Section 2.9 Priority of Employee Benefits Allocation Agreement. The Parties acknowledge and
agree that (a) to the extent any provision of this Agreement conflicts with any provision of the Employee Benefits Allocation Agreement, the Employee Benefits Allocation Agreement shall govern to the extent necessary to resolve the conflict,
and (b) in the event any Services are also services to be provided pursuant to the terms of the Employee Benefits Allocation Agreement, they shall be provided in accordance with such terms and conditions of the Employee Benefits Allocation
Agreement and not pursuant to terms of this Agreement. 
 Section 2.10 Priority of Master Distribution Agreement. The Parties
acknowledge and agree that (a) to the extent any provision of this Agreement conflicts with any provision of the Master Distribution Agreement, the Master Distribution Agreement shall govern to the extent necessary to resolve the conflict, and
(b) in the event any Services are also services to be provided pursuant to the terms of the Master Distribution Agreement, they shall be provided in accordance with such terms and conditions of the Master Distribution Agreement and not pursuant
to terms of this Agreement. 
 Section 2.11 Priority of Transition Services Agreements. The Parties acknowledge and agree that
(a) to the extent any provision of this Agreement conflicts with any provision of any of the Transition Services Agreements, such Transition Services Agreement shall govern to the extent necessary to resolve the conflict, and (b) in the
event any Services are also services to be provided pursuant to the terms of any of the Transition Services Agreements, they shall be provided in accordance with such terms and conditions of such Transition Services Agreement and not pursuant to
terms of this Agreement. 
 Section 2.12 Names; Trademarks. This Agreement does not confer upon either Party the right to use any
name, trademark, service mark, trade name, or assumed name of the other Party. 
 ARTICLE III. 
 FEES AND EXPENSES 
 Section 3.1
Fees and Expenses. HCC shall pay fees and expenses for the Services in the amounts set forth on Exhibit A attached hereto. The Parties agree to review the fees and expenses set forth on Exhibit A annually and, subject to the
mutual agreement of the Parties, adjust such fees and expenses as the Parties deem necessary. 
 Section 3.2 Timing of Payment.
Hyatt shall invoice HCC for fees and expenses incurred pursuant to Section 3.2 within thirty (30) days of the last day of each calendar month during the term of this Agreement (each, a “Monthly Payment Period” and
with respect to each payment, a “Monthly Payment”), and HCC shall pay the amount reflected on the invoice within thirty (30) days of the receipt thereof. If this Agreement is terminated on a date other than the last day of a
Monthly Payment Period, then within (30) days of such termination, Hyatt shall invoice HCC for any accrued but unpaid fees through the date of termination and HCC shall pay such fees within thirty (30) days of receipt of the invoice. Late
payments shall bear interest at a rate of the Prime Rate, which shall be 

  

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determined as of the date of invoice (or the next Business Day, if the invoice is dated as of a non-Business Day), plus two percent (2%). Interest on late
payments shall accrue from the date of the invoice (or the next Business Day, if the invoice is dated as of a non-Business Day). 
 Section 3.3 No Offset. HCC shall pay all fees and expenses under this Agreement independently of any fees, expenses or other obligations existing under the Lease Agreement, and no offset or claim that HCC now has or may in the
future have against Hyatt shall relieve HCC from making any Monthly Payment hereunder. 
 ARTICLE IV. 
 TERM; TERMINATION 
 Section 4.1
Term. The Services shall be provided during the period from and including the Effective Date until the earlier of (a) the termination of this Agreement pursuant to Section 4.2, (b) the termination or expiration of the
Lease Agreement in accordance with the provisions thereof, or (c) the termination or expiration of the Management Agreement with respect to the Resort in accordance with the provisions thereof. 
 Section 4.2 Termination. 
 (a)
Notwithstanding Section 4.1 hereof, HCC shall have the right at any time during the term of this Agreement to terminate this Agreement upon no fewer than thirty (30) days prior written notice if it terminates all of the Services to
be provided hereunder pursuant to Section 2.4. 
 (b) Notwithstanding Section 4.1 hereof, Hyatt shall have the right
at any time during the term of this Agreement to terminate this Agreement (i) if HCC fails to pay, or cause to be paid, any expense for which it has received an invoice pursuant to Section 3.1 or any Monthly Payment pursuant to
Section 3.3 within thirty (30) days following HCC’s receipt of written notice of non-payment, or (ii) upon consummation of a HCC Change of Control Event; provided, however, that in each case Hyatt shall
provide no fewer than forty-five (45) days prior written notice of such termination, and in the case of (ii) above, such longer period (not to exceed ninety (90) days) as may be necessary or appropriate for the orderly transfer of the
Services. 
 Section 4.3 Effect of Termination. In the event of a termination of this Agreement pursuant to
Section 4.2 hereof, all obligations of Hyatt and HCC under this Agreement shall terminate, except that the obligations set forth in Section 2.5 (Audit of Services), Section 2.6 (Record-Keeping), Article III
(Fees and Expenses), Section 6.1 (Confidentiality), Article VII (Limitation on Damages; Liability), Article VIII (Indemnification), Article IX (Arbitration), Article X (Miscellaneous) and this
Section 4.3 will survive such termination unimpaired. 
 ARTICLE V. 
 INTELLECTUAL PROPERTY 
 Section 5.1 Third Party Intellectual Property
Licenses. Each Party, at its own expense, shall obtain all third party intellectual property licenses necessary for the operation of the Business or for the provision or receipt of the Services which are not otherwise included as part of the
Services described on Exhibit A. The Parties shall cooperate in the necessary identification and specification of software, systems and other intellectual property required for the receipt of the Services by HCC. 
  

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 ARTICLE VI. 
 CONFIDENTIALITY 
 Section 6.1 Confidentiality. In consideration of the benefits of this
Agreement to each of the Parties and in order to induce each Party to enter into this Agreement, each Party hereby individually covenants and agrees that such Party and its Affiliates shall keep confidential and not disclose to any other Person or
use to the detriment of the other Party any Confidential Information of another Party. The term “Confidential Information” means proprietary and confidential information concerning the Business, business relationships (including
prospective customers and business partners) and financial affairs of any of HCC, Hyatt, or such Parties’ respective Affiliates, whether or not in writing and whether or not labeled or identified as confidential or proprietary, and includes
inventions, trade secrets, technical information, know-how, product and pricing information and plans, research and development activities, marketing plans and activities, customer, guest, resident, supplier and prospect information, employee and
financial information, and information disclosed to HCC or Hyatt, respectively, by third parties of a proprietary or confidential nature or under an obligation of confidence. Notwithstanding the forgoing, Confidential Information shall not apply to
information which: (a) is or becomes generally available to the public without breach of the commitment provided for in this Section 6.1, (b) is developed by a Party independently without the use of Confidential Information,
(c) is or becomes available on a non-confidential basis from a source other than the other Party or its advisors; provided that such source was not known to the disclosing Party to be bound by any agreement with the other Party to keep
such information confidential or to be otherwise prohibited from transmitting the information, (d) is used in a manner contemplated by this Agreement or any of the Related Agreements, (e) is used by a Party to enforce this Agreement, or
(f) is required to be disclosed by law, order or regulation of a court or tribunal or government authority; provided, however, that in the case of disclosure under clause (f), the disclosing Party shall notify the non-disclosing
Party as early as reasonably practicable prior to disclosure to allow such non-disclosing Party to take appropriate measures to preserve the confidentiality of such information. Each Party agrees to safeguard the other Party’s Confidential
Information with the same degree of care used by such Party to protect its own Confidential Information of this kind, but in no event less than a reasonable degree of care, and each Party shall comply with all applicable laws and regulations
relating to privacy and protection of personal information. 
 ARTICLE VII. 
 LIMITATION ON DAMAGES; LIABILITY 
 Section 7.1 Limitation of
Damages. No Party shall be liable to the other Party or any recipient of the Services, whether in contract, in tort (including negligence and strict liability), or otherwise, for consequential, special, incidental or punitive damages, which in
any way arise out of, relate to, or are a consequence of, this Agreement, including, but not limited to loss of profits, business interruptions and claims of customers or employees of HCC or Hyatt and their respective Affiliates, as applicable.

  

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 Section 7.2 Limitation of Liability. 
 (a) Hyatt shall not be liable for any action or failure to act in performing its obligations hereunder, unless such action or failure to act results from
Hyatt’s gross negligence or willful misconduct. 
 (b) Notwithstanding anything to the contrary contained herein, the total liability of
Hyatt with respect to this Agreement or anything done in connection herewith, including, but not limited to, the performance or breach hereof, or from the sale, delivery, provision or use of any of the Services provided under or pursuant to this
Agreement, whether in contract, in tort (including negligence and strict liability) or otherwise, shall not exceed the amount Hyatt has received in payments pursuant to Section 3.1 and Section 3.2 of this Agreement for the
provision of Services hereunder. 
 ARTICLE VIII. 
 INDEMNIFICATION 
 Section 8.1 Indemnification of Hyatt. HCC hereby agrees to indemnify
and hold harmless Hyatt and its Affiliates, and their respective officers, directors, managers, employees, equityholders, agents and representatives (collectively, the “Hyatt Indemnitees”) from and against any and all claims,
losses, damages, liabilities, deficiencies, obligations or out-of-pocket costs or expenses, including, without limitation, reasonable attorneys’ fees and expenses and costs and expenses of investigation that result directly from third party
claims, actions or proceedings (collectively, “Losses”), arising out of or resulting from (a) any breach of this Agreement by HCC, or (b) such Hyatt Indemnitee’s provision of any Services hereunder, except to the
extent such Losses result directly from the willful breach of this Agreement by Hyatt or the gross negligence or willful misconduct of such Hyatt Indemnitee in the performance of any obligations hereunder. 
 Section 8.2 Indemnification of HCC. Hyatt hereby agrees to indemnify and hold harmless HCC and its respective Affiliates, officers,
directors, managers, employees, equityholders, agents and representatives (collectively, the “HCC Indemnitees”) from and against any and Losses, arising out of or resulting from (a) any willful breach of this Agreement by
Hyatt, or (b) the gross negligence or willful misconduct of any Hyatt Indemnitee in the performance of any obligations hereunder. 
 Section 8.3 Insurance Proceeds. The amount which any Party (an “Indemnifying Party”) is or may be required to pay to any Hyatt Indemnitee or HCC Indemnitee (each, an “Indemnitee”) pursuant to
this Article VIII shall be reduced (including, without limitation, retroactively) by any Insurance Proceeds or other amounts actually recovered by or on behalf of such Indemnitee in reduction of the related indemnifiable losses, liabilities
and damages, whether under Section 8.1 or Section 8.2 (each, an “Indemnifiable Loss”). An Indemnitee shall use reasonable efforts to obtain such recoveries. An Indemnifying Party shall be subrogated, as
appropriate, to the rights of any Indemnitee under such insurance policies held by the Indemnitee, it being understood and agreed that if an Indemnitee shall have received the payment required by this Agreement from an Indemnifying Party in respect
of an Indemnifiable Loss and shall subsequently actually receive Insurance Proceeds, or other amounts from third parties in respect of such Indemnifiable Loss as specified above, then such Indemnitee shall pay to such Indemnifying Party a sum equal
to the amount of such Insurance Proceeds or other amounts actually received. 
  

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 Section 8.4 Indemnification Procedure. 
 (a) Except as may be set forth in this Agreement, if an Indemnitee shall receive notice or otherwise learn of the assertion by a Person (including,
without limitation, any governmental entity) who is not a Party to this Agreement of any claim or of the commencement by any such Person of any Action with respect to which an Indemnifying Party may be obligated to provide indemnification pursuant
to this Agreement (a “Third Party Claim”), such Indemnitee shall give such Indemnifying Party written notice thereof promptly after becoming aware of such Third Party Claim; provided, that the failure of any Indemnitee to
give notice as required by this Section 8.4 shall not relieve the Indemnifying Party of its obligations under this Article VIII, except to the extent that such Indemnifying Party is materially prejudiced by such failure to give
notice. Such notice shall describe the Third Party Claim in reasonable detail, and shall indicate the amount (estimated if necessary) of the Indemnifiable Loss that has been or may be sustained by such Indemnitee. 
 Within thirty (30) days of the receipt of notice from an Indemnitee in accordance with Section 8.4(a) (or sooner, if the nature of such
Third Party Claim so requires), the Indemnifying Party shall, if the Indemnitee is entitled to indemnification hereunder, notify the Indemnitee of the Indemnifying Party’s election whether to assume responsibility for such Third Party Claim
(provided that if the Indemnifying Party does not so notify the Indemnitee of the Indemnifying Party’s election within thirty (30) days after receipt of such notice from the Indemnitee, the Indemnifying Party shall be deemed to have
elected not to assume responsibility for such Third Party Claim). If the Indemnifying Party assumes such responsibility, the Indemnitee shall cooperate in the defense or settlement or compromise of such Third Party Claim. After notice from an
Indemnifying Party to an Indemnitee of its election to assume responsibility for a Third Party Claim, such Indemnifying Party shall not be liable to such Indemnitee under this Article VIII for any legal or other expenses (except expenses
approved in advance by the Indemnifying Party) subsequently incurred by such Indemnitee in connection with the defense thereof; provided, that if the defendants in any such claim include both the Indemnifying Party and one or more Indemnitees, and,
in such Indemnitees’ reasonable judgment a conflict of interest between such Indemnitees and such Indemnifying Party exists in respect of such claim, such Indemnitees shall have the right to employ separate counsel and in that event the
reasonable fees and expenses of such separate counsel (but not more than one separate counsel reasonably satisfactory to the Indemnifying Party) shall be paid by such Indemnifying Party. The Indemnifying Party shall not, without the written consent
of the Indemnitee (which shall not be unreasonably withheld or delayed), (i) settle or compromise any Third Party Claim or consent to the entry of any judgment which (A) does not include as an unconditional term thereof the delivery by the
claimant or plaintiff to the Indemnitee of a written release from all liability in respect of such Third Party Claim or (B) includes an admission of fault, culpability or a failure to act by or on behalf of an Indemnitee or (ii) settle or
compromise any Third Party Claim if the settlement imposes equitable remedies or material obligations on the Indemnitee other than financial obligations for which such Indemnitee will be indemnified hereunder. No Third Party Claim which is being
defended in good faith by the Indemnifying Party in accordance with 

  

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the terms of this Agreement shall be settled or compromised by the Indemnitee without the written consent of the Indemnifying Party (which shall not be
unreasonably withheld or delayed) if such settlement or compromise would result in an obligation of the Indemnifying Party to indemnify such Indemnitee, or would otherwise result in Liability of, or have an adverse impact upon, such Indemnifying
Party. If an Indemnifying Party fails to assume responsibility for a Third-Party Claim, such Indemnitee may defend or seek to compromise or settle such Third-Party Claim. 
 (b) If an Indemnifying Party is defending or seeking to compromise any Third Party Claim, the Indemnitee shall make available to such Indemnifying Party any personnel and any (non-privileged) books, records or other
documents within its control or which it otherwise has the ability to make available that are necessary or appropriate for such defense. 
 (c) Any claim on account of an Indemnifiable Loss which does not result from a Third Party Claim shall be asserted by written notice given by the Indemnitee to the applicable Indemnifying Party. Such Indemnifying Party shall have a period
of fifteen (15) days after the receipt of such notice within which to respond thereto. If such Indemnifying Party does not respond within such 15-day period or rejects such claim in whole or in part, such Indemnitee shall be free to pursue such
remedies as may be available to it party under applicable law or under this Agreement. 
 (d) In addition to any adjustments required
pursuant to Section 8.3, if the amount of any Indemnifiable Loss shall, at any time subsequent to the payment required by this Agreement, be reduced by recovery, settlement or otherwise, the amount of such reduction, less any expenses
incurred in connection therewith, shall promptly be repaid by the Indemnitee to the Indemnifying Party. 
 (e) In the event of payment by an
Indemnifying Party to any Indemnitee in connection with any Third Party Claim, such Indemnifying Party shall be subrogated to and shall stand in the place of such Indemnitee as to any events or circumstances in respect of which such Indemnitee may
have any right or claim relating to such Third Party Claim against any claimant or plaintiff asserting such Third Party Claim. Such Indemnitee shall cooperate with such Indemnifying Party in a reasonable manner, and at the cost and expense of such
Indemnifying Party, in prosecuting any subrogated right or claim. 
 Section 8.5 Remedies Cumulative. The remedies provided in
this Article VIII shall be cumulative and shall not preclude assertion by any Indemnitee of any other rights or the seeking of any and all other remedies against any Indemnifying Party. 
 Section 8.6 Survival of Indemnities. The obligations of each of Hyatt and HCC under this Article VIII shall survive the sale or other
transfer by it of any assets or businesses or the assignment by it of any liabilities, with respect to any Indemnifiable Loss of any of the other of them related to such assets, businesses or liabilities. 
  

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 ARTICLE IX. 
 ARBITRATION 
 Section 9.1 Arbitration. 
 (a) Except as otherwise specifically provided in this Agreement, any and all disputes, controversies or claims arising out of, relating to or in
connection with this Agreement, including, without limitation, any dispute regarding its arbitrability, validity or termination, or the performance or breach thereof, shall be exclusively and finally settled by arbitration administered by the AAA.
Either Party may initiate arbitration by notice to the other Party (a “Request for Arbitration”). The arbitration shall be conducted in accordance with the AAA rules governing commercial arbitration in effect at the time of the
arbitration, except as they may be modified by the provisions of this Agreement. The place of arbitration shall be Chicago, Illinois. The arbitration shall be conducted by a single arbitrator appointed by HCC from a list of at least five
(5) individuals who are independent and qualified to serve as an arbitrator submitted by Hyatt to HCC within fifteen (15) days after delivery of the Request for Arbitration. HCC will make its appointment within ten (10) days after it
receives the list of qualified individuals from Hyatt. In the event Hyatt fails to send a list of at least five (5) qualified individuals to serve as arbitrator to HCC within such fifteen-day time period, then HCC shall appoint such arbitrator
within twenty-five (25) days from the Request for Arbitration. In the event HCC fails to appoint a person to serve as arbitrator from the list of at least five (5) qualified individuals within ten (10) days after its receipt of such
list from Hyatt, Hyatt shall appoint one of the individuals from such list to serve as arbitrator within five (5) days after the expiration of such ten (10) day period. Any individual will be qualified to serve as an arbitrator if he or
she shall be an individual who has no material business relationship, directly or indirectly, with either of the Parties and who has at least ten (10) years of experience in the practice of law with experience in corporate and/or commercial
matters. The arbitration shall commence within thirty (30) days after the appointment of the arbitrator; the arbitration shall be completed within sixty (60) days of commencement; and the arbitrator’s award shall be made within thirty
(30) days following such completion. The Parties may agree to extend the time limits specified in the foregoing sentence. 
 (b) The
arbitrator will apply the substantive law (and the law of remedies, if applicable) of the State of Illinois without giving effect to the principles of conflicts of law, and will be without power to apply any different substantive law. The arbitrator
will render an award and a written opinion in support thereof. Such award shall include the costs related to the arbitration and reasonable attorneys’ fees and expenses to the prevailing Party. The arbitrator also has the authority to grant
provisional remedies, including injunctive relief, and to award specific performance. The arbitrator may entertain a motion to dismiss and/or a motion for summary judgment by any Party, applying the standards governing such motions under the Federal
Rules of Civil Procedure, and may rule upon any claim or counterclaim, or any portion thereof (a “Claim”), without holding an evidentiary hearing, if, after affording the Parties an opportunity to present written submissions and
documentary evidence, the arbitrator concludes that there is no material issue of fact and that the Claim may be determined as a matter of law. The Parties waive, to the fullest extent permitted by law, any rights to appeal, or to review of, any
arbitrator’s award by any court. The arbitrator’s award shall be final and binding, and judgment on the award may be entered in any court of competent jurisdiction, including the courts of Cook County, Illinois. Each Party to this
Agreement irrevocably submits to the non-exclusive jurisdiction of and venue in the courts of the State of Illinois and of the United 

  

 -12- 

 
States sitting in Chicago, Illinois in connection with any such proceeding, and waives any objection based on forum non conveniens. EACH PARTY TO THIS
AGREEMENT IRREVOCABLY WAIVES SUCH PARTY’S RIGHT TO A TRIAL BY JURY IN CONNECTION WITH ANY ACTION TO ENFORCE AN ARBITRATOR’S DECISION OR AWARD PURSUANT TO SECTION 9.1(a) OF THIS AGREEMENT. 
 (c) The Parties agree to maintain confidentiality as to all aspects of the arbitration, except as may be required by applicable law, regulations or court
order, or to maintain or satisfy any suitability requirements for any license by any state, federal or other regulatory authority or body, including professional societies and organizations; provided that nothing herein shall prevent a Party from
disclosing information regarding the arbitration for purposes of enforcing the award. The Parties further agree to obtain the arbitrator’s agreement to preserve the confidentiality of the arbitration. 
 Section 9.2 Injunction. Nothing in this Agreement will prevent either Party from seeking injunctive relief against the other Party from any
competent court or other authority pending the resolution of a controversy or claim through arbitration. 
 ARTICLE X. 
 MISCELLANEOUS 
 Section 10.1
Force Majeure. Neither Hyatt nor HCC shall be considered in default in the performance of its obligations under this Agreement to the extent that its performance of such obligations is prevented or delayed by any cause beyond its control,
including, but not limited to, strikes, labor disputes, civil disturbances, rebellion, invasion, epidemic, hostilities, war, acts of terrorism, embargo, natural disaster, acts of God, fire, sabotage, loss and destruction of property, other events or
situations which such Party was unable to prevent or overcome despite its exercise of reasonable due diligence. 
 Section 10.2
Amendment and Modification. This Agreement may be amended, modified or supplemented, only by a written agreement signed by each of the Parties. 
 Section 10.3 Waiver of Compliance; Consents. Any failure of HCC, on the one hand, or Hyatt, on the other hand, to comply with any obligation, covenant, agreement or condition herein may be waived by Hyatt
or HCC, respectively, only by a written instrument signed by the party granting such waiver, but such waiver or failure to insist upon strict compliance with such obligation, covenant, agreement or condition shall not operate as a waiver of, or
estoppel with respect to, any subsequent or other failure. 
 Section 10.4 Notices. All notices and other communications
hereunder shall be in writing and shall be duly given when delivered in person, by facsimile (with a confirmed receipt thereof) by messenger or courier service or registered or certified mail (postage prepaid, return receipt requested), at the
following addresses (or at such other address for a party as shall be specified by like notice): 
 Prior to February 1, 2005:

 If to HCC, to: 
 c/o Hyatt Gaming Management, Inc. 
 HCC Corporation 
 200 West Madison, Suite 4200 
 Chicago, Illinois 60606 
 Attention: General Counsel 
  

 -13- 

 If to Hyatt, to: 
 Hyatt Corporation 
 200 West Madison, Suite 4100 
 Chicago, Illinois 60606 
 Attention: General Counsel 
 On or after to February 1, 2005: 
 If to HCC, to: 
 c/o Hyatt Gaming Management, Inc. 
 HCC Corporation 
 Hyatt Center 
 71 South Wacker Drive 
 Chicago, Illinois 60606 
 Attention: General Counsel 
 If to Hyatt: 
 Hyatt
Corporation 
 Hyatt Center 
 71 South Wacker Drive 
 Chicago, Illinois 60606 
 Attention: General Counsel 
 Section 10.5 Assignment. Neither this Agreement nor any rights or obligations hereunder are assignable; provided, however, that Hyatt may subcontract its duties and obligations under this Agreement. 
 Section 10.6 Governing Law. This Agreement shall be governed by and construed in accordance with the internal laws of the state of Illinois
applicable to agreements made and to be performed entirely within such state, without regard to the choice of law principles thereof; provided, however, that the provisions hereof that be subject, in all respects, to the gaming
regulatory bodies in 

  

 -14- 

 
the respective jurisdictions in which the Business is or may be conducted. To the extent that the rulings or regulations of any one or more of such
regulatory bodies is inconsistent in any material respect with the express provisions hereof, the Parties agree to negotiate in good faith to address the implications of all of such rulings and regulations, such that the intents and purposes of this
Agreement are preserved, failing which this Agreement and the rights and obligations of the Parties shall terminate, in whole or in part, as the case may be. 
 Section 10.7 Further Assurances. The Parties shall use their commercially reasonable efforts to do and perform or cause to be done and performed all such further acts and things and shall execute and
deliver all such other agreements, certificates, instruments or documents as any other Party may reasonably request in order to carry out the intent and purposes of this Agreement and the consummation of the transactions contemplated hereby.

 Section 10.8 Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed an
original, but all of which together shall constitute one and the same instrument. 
 Section 10.9 Interpretation. The article and
section headings contained in this Agreement are solely for the purpose of reference, are not part of the agreement of the Parties and shall not in any way affect the meaning or interpretation of this Agreement. The Parties are sophisticated,
represented by counsel and jointly have participated in the negotiation and drafting of this Agreement and there shall be no presumption or burden of proof favoring or disfavoring any party by virtue of the authorship of any provision of this
Agreement. 
 Section 10.10 Entire Agreement. This Agreement (including the Schedules and Annexes referred to herein), embodies
the entire agreement and understanding of the Parties hereto in respect of the subject matter hereof and thereof and, except as otherwise explicitly provided herein, supersedes all prior agreements and understandings, both written and oral, among
the Parties, or between any of them, with respect to the subject matter hereof and thereof. 
 Section 10.11 No Third Party
Beneficiary. Nothing in this Agreement, express or implied, is intended to confer upon any Person other than the Parties any rights or remedies of any nature whatsoever under or by reason of this Agreement or any provision of this Agreement.
This Agreement and all of its provisions and conditions are for the sole and exclusive benefit of the Parties and their respective successors and permitted assigns. 
 Section 10.12 Severability. If any provision of this Agreement (or any portion thereof) or the application of any such provision (or any portion thereof) to any Person or circumstance shall be held
invalid, illegal or unenforceable in any respect by a court of competent jurisdiction, such invalidity, illegality or unenforceability shall not affect any other provision hereof (or the remaining portion thereof) or the application of such
provision to any other Persons or circumstances. 
 Signature page follows. 
  

 -15- 

 IN WITNESS WHEREOF, each of the Parties has caused this Agreement to be executed on its behalf by its
officer thereunto duly authorized, as of the day and year first above written. 
  

			
	HYATT CORPORATION
		
	By:	 	 /s/ Kirk Rose

	Name: 	 	Kirk Rose
	Title:	 	Senior Vice President Finance and Treasurer
	
	HCC CORPORATION
		
	By:	 	 /s/ Peter Liguori

	Name:	 	Peter Liguori
	Title:	 	Vice President Finance

 Exhibit A 
 Services & Fees 
  

					
	 Service
	  	 Methodology Summary
	  	 Current Fee

			
	Hotel Rooms	  	Annually agreed to rate schedule and provision for no shows and early departure	  	Rates for 2004 set forth on Annex A attached hereto
			
	Transportation from Resort to Common Locations	  	Agreed to flat fee per type of trip	  	 $45 per airport trip
 $15 per Incline Village
trip

			
	Valet Parking	  	No charge	  	No charge
			
	Housekeeping	  	Actual usage of staff (including a percentage of payroll, taxes and employee benefits (“PTEB”) and operating supplies	  	100% of salary of 2 full-time supervisors and 4 full-time porters, plus 50% PTEB and operating supplies
			
	Food & Beverage	  	Agreed to price points for banquets and all outlets, including a provision for no-shows	  	 Banquets – retail prices less 25%
 All outlets
– retail prices
 No-shows – billed based upon daily average check

			
	Security	  	Portion of supervision of function and actual number of staff assigned to casino	  	50% of security director’s salary and salary of 10 full-time officers, plus 50% of PTEB
			
	Accounting/ Human Resources/MIS (back of house support for casino)	  	HCC employees as a percentage of total Resort employees (including the HCC employees). This percentage to be applied against costs for back of house support areas that HCC agrees provides
support. Costs to include PTEB costs.	  	25% of FTE percentage for payroll, accounts payable, general ledger staff (non-supervision), MIS and HR payroll, plus 50% PTEB and any ancillary fees related to the services
provided
			
	Advertising	  	Casino specific advertising approved in advance by HCC will be direct charged to HCC. Any shared or proportional sharing of costs will be agreed to ahead of time and approved by both parties.
	  	Actual invoices from pre-approved casino-specific advertising or, in the case of any shared advertising, a percentage of such invoices as approved in advance by HCC.
			
	Repairs & Maintenance	  	Based on approved work orders which will include labor, benefits and parts.	  	Based on signed work orders
			
	PBX	  	Agreed to percentage based on the total number of phones in the casino compared to the total number of phones in the Resort (including the casino). This percentage is to be applied to total PBX
expenses.	  	6% of total PBX expenses
			
	Employee Meals	  	Agreed to cost per meal multiplied by the estimated number of annualized shifts	  	$5 per meal multiplied by the estimated number of annualized shifts
			
	Spa Services	  	Retail prices	  	Retail prices

 Annex A 
 2004 Hotel Room Rates 
  

													
	 	  	 	  	Non-Peak	  	Peak
	 	  	 	  	1/4/04-5/27/04 & 9/12/04-12/16/04	  	5/28/04-9/11/04 & 12/17/04-1/5/05
	 #
	  	 Room Type
	  	Casino
<93%	  	Casino
>93%	  	Var	  	Casino
<93%	  	Casino
>93%
							
	 119
	  	Mountain View Room – Tower	  	130	  	185	  	55	  	195	  	260
	 117
	  	Spa Terrace Room	  	130	  	185	  	55	  	195	  	260
	 22
	  	Lakeside Dbl/Dbl Bedroom	  	165	  	220	  	55	  	230	  	295
	 18
	  	Tahoe Room – Spa Exec. King	  	165	  	220	  	55	  	230	  	295
	 27
	  	Exec. King – Tower Floors	  	165	  	220	  	55	  	230	  	295
	 43
	  	Regency Club Room	  	165	  	220	  	55	  	230	  	295
	 40
	  	Lake View Room – Tower	  	165	  	220	  	55	  	230	  	295
	 3
	  	Stillwater Suite	  	230	  	330	  	100	  	340	  	460
	 8
	  	1-Bedroom VIP Suite/Parlor	  	230	  	330	  	100	  	340	  	460
	 22
	  	1-Bedroom Lakeside Cottage	  	250	  	400	  	150	  	370	  	700
	 2
	  	1-Bedroom RC Presidential	  	360	  	510	  	150	  	540	  	720
	 22
	  	2-Bedroom Lakeside Cottage	  	400	  	600	  	200	  	600	  	1000

  

 -2-Master (Permanent) Non-Gaming Services Agreement, dated as of July 19, 2002

 Exhibit 10.34 
 MASTER (PERMANENT) NON-GAMING SERVICES AGREEMENT 
 by and between 
 FALLS MANAGEMENT COMPANY 
 AND 

 HYATT CORPORATION 
 For a Casino Located in 
 NIAGARA FALLS, ONTARIO 

 MASTER (PERMANENT) NON-GAMING SERVICES AGREEMENT 
 MASTER (PERMANENT) NON-GAMING SERVICES AGREEMENT (this “Agreement”) dated as of July 19, 2002, by and between FALLS MANAGEMENT COMPANY, a
Nova Scotia unlimited liability company (“FMC”), whose office is at 2300 Yonge Street, Suite 409, Toronto, Ontario, M4P IE4, Canada, and HYATT CORPORATION, a Delaware corporation (“HC”), whose office is at 200 West Madison
Street, 39th Floor, Chicago, Illinois 60606, USA, (capitalized and other terms used herein and not otherwise defined shall have the meanings set forth in Section 1 hereof). 
 WITNESSETH: 
 WHEREAS OLGC has the right under the OLGC Act to
conduct and manage commercial casino gaming in the Province of Ontario and to provide for the operation of such casinos in the Province of Ontario; 
 WHEREAS OLGC and FMC are parties to the Permanent Agreement relating to the operation of the Casino Complex currently under construction in the City of Niagara Falls, Ontario to be owned, and, from and after the Opening Date, managed
by OLGC; 
 WHEREAS FMC and HC desire to enter into the agreement contained herein whereby HC, pursuant to the terms and conditions
hereof, will provide certain Complex Services, Ancillary Support Services and Other Ancillary Support Services to FMC in order to assist FMC in carrying out its duties and responsibilities under the Permanent Agreement with respect to the Casino
Complex in accordance with the terms and conditions of this Agreement; and 
 WHEREAS the parties acknowledge that this Agreement is
being entered into in connection with the Master/Development Agreement. 
 NOW THEREFORE, in consideration of the foregoing, of the
mutual covenants and agreements herein contained and for other good and valuable consideration, the receipt, adequacy and sufficiency of which are hereby acknowledged, the parties, intending legally to be bound, hereby agree as follows: 

 

	1.	DEFINITIONS 

 For purposes of this Agreement
(including the above Recitals), the following terms shall have the meanings set forth below: 
  

	 	(a)	“Adjusted Gross Receipts” means, with respect to any Operating Year, the Gross Revenues of the Casino Complex as an entirety without distinction among its several parts
(excluding any Gross Revenues relating to Complex operations for which HC, HGM or any Affiliate of either of them does not provide services) for such Operating Year less any applicable Ontario “win tax” remitted by FMC for such Operating
Year. 

  

	 	(b)	“Affiliate” has the meaning set forth in the Permanent Agreement. 

	 	(c)	“Ancillary Support Fee” has the meaning set forth in Section 5.1(b). 

  

	 	(d)	“Ancillary Support Services” has the meaning set forth in Section 3.2(b). 

  

	 	(e)	“Approved Operating Budget” has the meaning set forth in the Permanent Agreement. 

  

	 	(f)	“Auditors” has the meaning set forth in the Permanent Agreement. 

  

	 	(g)	“Bank Accounts” has the meaning set forth in the Permanent Agreement. 

  

	 	(h)	“Base Fee” has the meaning set forth in Section 5.1(a). 

  

	 	(i)	“Casino” has the meaning set forth in the Permanent Agreement. 

  

	 	(j)	“Casino Complex” has the meaning set forth in the Permanent Agreement. 

  

	 	(k)	“Casino Complex Employee” means any person engaged by FMC as an employee of FMC or a subsidiary thereof to work in the Casino Complex from time to time.

  

	 	(l)	“Compensation” means the entire entitlement of cash remuneration and non-cash fringe benefits of any Casino Complex Employee, including benefits in-kind and any social
benefits, social security or other contributions paid to or in respect of any Casino Complex Employee. 

  

	 	(m)	“Complex Services” has the meaning set forth in Section 3.2(a). 

  

	 	(n)	“Dispute” has the meaning set forth in Section 9.1. 

  

	 	(o)	“Event of Insolvency” has the meaning set forth in the Permanent Agreement. 

  

	 	(p)	“Executive Staff’ has the meaning set forth in the Permanent Agreement. 

  

	 	(q)	“Expert” has the meaning set forth in Section 9.1. 

  

	 	(r)	“Fees” has the meaning set forth in Section 5.1. 

  

	 	(s)	“Force Majeure” has the meaning set forth in the Permanent Agreement. 

  

	 	(t)	“Games of Chance” has the meaning set forth in the Permanent Agreement. 

  

	 	(u)	“Governmental Authority” has the meaning set forth in the Permanent Agreement. 

  

	 	(v)	“Governmental Consent” has the meaning set forth in the Permanent Agreement. 

  

	 	(w)	“Gross Revenues” has the meaning set forth in the Permanent Agreement. 

  

 3 

	 	(x)	“HGM” means Hyatt Gaming Management, Inc., a Nevada corporation and currently an Affiliate of HC. 

  

	 	(y)	“Intellectual Property” has the meaning set forth in the Permanent Agreement. 

  

	 	(z)	“Mater/Development Agreement” means the Amended and Restated Master Development Agreement dated as of January 29, 2002 between OLGC and FMC and all Schedules thereto.

  

	 	(aa)	“Mediation Period” has the meaning set forth in Section 9.1. 

  

	 	(bb)	“Niagara” means Niagara Casino Group, L.P , a Delaware limited partnership, and a Shareholder of FMC and a party to the Shareholders Agreement. 

 

	 	(cc)	“OLGC” means Ontario Lottery and Gaming Corporation, a corporation established pursuant to the OLGC Act. 

  

	 	(dd)	“OLGC Act” means the Ontario Lottery and Gaming Corporation Act, 1999. 

  

	 	(ee)	“Opening Date” has the meaning set forth in the Permanent Agreement. 

  

	 	(ff)	“Operating Term” has the meaning set forth in Section 2.1. 

  

	 	(gg)	“Operating Year” has the meaning set forth in the Permanent Agreement. 

  

	 	(hh)	“Other Ancillary Support Fee” has the meaning set forth in Section 5.1(c). 

  

	 	(ii)	“Other Ancillary Support Services” has the meaning set forth in Section 3.2(c). 

  

	 	(jj)	“Participants Support Agreement” means the Participants’ and Shareholders’ Support Agreement, dated as of January 29, 2002, by and among OLGC, FMC, the
shareholders of FMC and certain Affiliates of the respective shareholders of FMC. 

  

	 	(kk)	“Permanent Agreement” means the Permanent Casino Operating Agreement dated as of July 19, 2002 between OLGC and FMC and all Schedules thereto.

  

	 	(ll)	“Person” has the meaning set forth in the Permanent Agreement. 

  

	 	(mm)	“Regulatory Legislation” means the Gaming Control Act, 1992 and the Alcohol and Gaming Regulation and Public Protection Act, 1996 (Ontario), and all
regulations made thereunder and all mandatory directives and orders issued thereunder or pursuant thereto, all as amended from time to time. 

  

	 	(nn)	“Shareholders Agreement” means the Shareholders Agreement made as of November 1, 1998 among Niagara, Highland Gaming, Inc., Shiplake Gaming Corporation, Olympic V
Inc. and FMC, as assumed and amended by Assumption/Amending Agreement made as of May 22, 2001 among each of the aforesaid parties and 3048505 Nova Scotia Company, as the same may hereafter be further amended. 

  

 4 

	2.	OPERATING TERM  

 2.1 General. The
term of this Agreement (the “Operating Term”) shall commence upon the date hereof and expire upon the termination of the Permanent Agreement (following any renewals) for any reason, unless terminated sooner pursuant to Sections 2.2, 2.3,
7.2 or 7.4 or other provision of this Agreement expressly providing therefor. Except as set forth in Sections 2.2, 2.3, 7.2 and 7.4 or any other provision of this Agreement expressly providing therefor, no party shall have the right to terminate
this Agreement. 
 2.2 HC’s Right to Terminate. In addition to its rights under Section 7.2 but subject to Section 2.4,
HC shall have the right to terminate this Agreement at any time by giving at least 60 days’ written notice of its intention to terminate, if FMC and/or HC cannot obtain any Governmental Consent necessary to enable FMC or HC (as the case may be)
to fulfill its obligations under this Agreement. HC shall (i) use its reasonable best efforts to obtain and maintain any such Governmental Consent required to be obtained by HC and (ii) advise and assist FMC in connection with any
Governmental Consent required to be obtained by FMC. 
 2.3 FMC’s Right to Terminate. In addition to its rights under
Section 7.2 but subject to Section 2.4, FMC shall have the right to terminate this Agreement at any time by giving at least 60 days’ written notice of its intention to terminate if FMC and/or HC cannot obtain any Governmental Consent
necessary to enable FMC or HC (as the case may be) to fulfill its obligations under this Agreement. FMC shall use its reasonable best efforts to obtain and maintain any such Governmental Consent required to be obtained by FMC. 
 2.4 Effect of Termination. In the event that HC or FMC elects to terminate this Agreement pursuant to Section 1(nn) or Section 2.3, as
applicable, its sole remedy hereunder shall be such right of termination and no party shall have any right of action or claim pursuant to this Agreement against the other party for any damages of any nature whatsoever suffered as a result of such
termination. 
  

	3.	OPERATION OF THE COMPLEX 

 3.1 Standard of
Operation. HC shall provide such Complex Services as FMC shall reasonably request in order to enable FMC to discharge its obligations as respects Complex Services under the Permanent Agreement, and HC shall provide the services described herein
in such manner as to enable FMC to perform its duties and obligations in accordance with the laws of Canada and Ontario, including the Criminal Code (Canada), the OLGC Act and the Regulatory Legislation. Without limitation of the
foregoing, HC covenants to initiate the provision of such Complex Services, Ancillary Support Services and Other Ancillary Support Services hereunder so as to enable FMC to fully discharge its obligations under the Permanent Agreement. 

 

 5 

 3.2 Services. 
  

	 	(a)	Complex Services. Without limiting the generality of the foregoing, and subject always to the laws of Canada and Ontario, the OLGC Act, the terms of the Regulatory
Legislation, the terms of the Permanent Agreement and the OLGC’s exclusive right to conduct and manage the Complex, HC shall provide non-gaming services in the form of consultation and advice to FMC with respect to the following matters (the
“Complex Services”), with the intent and purpose of enabling FMC to perform its obligations under the Permanent Agreement: 

  

	 	(i)	the number, grade, level of compensation and job description of Casino Complex Employees, labor policies and wage rates; 

  

	 	(ii)	the development of programs, materials and criteria for recruiting, interviewing, training, compensating, hiring, discharging and evaluating Casino Complex Employees;

  

	 	(iii)	the purchase of necessary support services such as utilities, cleaning, garbage removal and maintenance services and other such services necessary for the operation of the Casino
Complex; 

  

	 	(iv)	the charges for commercial space, entertainment and amusement, food and beverages; 

  

	 	(v)	the creation of databases (for this purpose HC shall draw on its experience respecting its own databases, and their subject matter, and its experience respecting its own database
systems, in providing its services to FMC); and 

  

	 	(vi)	the development of programs, materials and strategies for marketing, promotion and publicity relating to the Complex and evaluation of such programs. 

 HC shall fulfill its obligations under this Section 3.2(a), by (x) giving oral advice, (y) making its representatives available to consult
with representatives of FMC, and (z) embodying its advice in written policy manuals, written guidelines and in similar formats for use and implementation by FMC. All advice, materials, manuals, and information produced by HC hereunder shall be
owned, as between HC and FMC, by FMC. 
  

	 	(b)	 Ancillary Support Services. In addition to the Complex Services described above and subject to the limitations of Section 3.2(a) hereof, HC shall
provide to FMC on an as needed basis as requested from time to time, services in connection with the direct implementation by FMC of policies, procedures, systems, guidelines and the like relating to the full scope of Complex non-gaming operations
as contemplated by the Permanent Agreement (the “Ancillary Support Services”). It is the intention of the parties that operation of the Casino Complex shall be the responsibility 

  

 6 

	 	 
of FMC, through its employees, and that HC shall provide its Ancillary Support Services only on an “as needed” basis and not in the form of
regular, frequent or continuing performance of specific operating responsibilities or functions. It is expected, therefore, that Ancillary Support Services will be incidental to the Complex Services. To this end, it is understood that HC will not be
required to maintain an office at or near the Complex, or anywhere in Canada, and that its provision of Ancillary Support Services will be subject to HC’s reasonable requirements of scheduling and the availability of personnel. Consistent with,
and subject to the foregoing, Ancillary Support Services will include the following: 

  

	 	(i)	the implementation of employee training systems, benefit administration and other employee related matters, as well as consultation and advice in connection with collective
barGaming matters; and 

  

	 	(ii)	the matters set forth on Schedules “A” and “B” hereto which are performed in Canada, if any, 

 FMC is not required to provide office space to HC employees who may be at the Complex on a temporary basis. 
  

	 	(c)	Other Ancillary Support Services. In addition to the Complex Services and the Ancillary Support Services described above and subject to the limitations of Section 3.2(a)
hereof, HC shall provide to FMC on an as needed basis as requested from time to time, certain other services with respect to the matters set forth on Schedules A and B hereto which will not be performed in Canada (the “Other Ancillary Support
Services”). It is the intention of the parties that operation of the Casino Complex shall be the responsibility of FMC, through its employees, and that HC shall provide its Other Ancillary Support Services only on an as needed” basis and
not in the form of regular, frequent or continuing performance of specific responsibilities or functions. It is expected, therefore, that Other Ancillary Support Services will be incidental to the Complex Services. It is understood that HC’s
provision of Other Ancillary Support Services will be subject to HC’s reasonable requirements of scheduling and the availability of personnel. 

  

	 	(d)	 Scope of Services. Subject to the terms and conditions of Sections 3.2(a), 3.2(b) and 3.2(c) hereof, FMC will request, and HC will provide to FMC, Complex
Services, Ancillary Support Services and Other Ancillary Support Services to the full extent required in order to enable FMC to perform its non-gaming obligations under and in accordance with the provisions of the Permanent Agreement, it being the
intention of the parties that the quantity and quality of the services to be performed hereunder shall not be limited or restricted, but shall be defined by that 

  

 7 

	 	 
which is required, consistent with the nature of the services herein contemplated, to enable FMC to perform, with respect to non-gaming related matters, as
Operator to the full extent contemplated by the Permanent Agreement. 

 3.3 HC Employees. In performing the Complex
Services, the Ancillary Support Services and the Other Ancillary Support Services hereunder HC will have no obligation and will not be expected to cause any of its employees to visit Ontario. Further, it is understood and agreed to by FMC that HC
will perform its Complex Services hereunder from and out of its offices in Chicago, Illinois, and nothing herein contained shall be applied or construed in such a manner as to create or impose an obligation on the part of HC to have any office or
permanent place of business in Canada in order to properly discharge its obligations hereunder. Each Casino Complex Employee shall be the employee of FMC or a subsidiary thereof, and FMC or such subsidiary shall be liable to such employees for the
amount of their Compensation. 
 3.4 Working Capital, Funding of Casino Complex Operations. It shall be the obligation of FMC to
arrange for funds for the initial and ongoing operations of the Casino Complex, including house cash funds, in an amount sufficient for the smooth and efficient operation of the Casino Complex. 
 3.5 Limitation of Liability. All debts and liabilities to third arties incurred by FMC in the course of the operation of the Complex shall be the
debts and liabilities of FMC only and HC shall not be liable for any such obligation by reason of this Agreement. 
 3.6 Certain
Intellectual Property Matters. Each of the parties acknowledges that it has reviewed the provisions of Article 6 of the Permanent Agreement and agrees to conduct its activities under this Agreement in a manner consistent with Article 6 of the
Permanent Agreement. 
  

	4.	COVENANTS OF FMC 

 4.1 General. FMC
shall do nothing (whether by act or omission and whether related to the Casino Complex or otherwise) which might prejudice its ability or right to operate the Casino Complex in accordance with the standards contemplated by the Permanent Agreement.
Without limiting the generality of the foregoing, FMC shall (a) cooperate with all gaming authorities who may investigate or are investigating FMC, HC or any of their Affiliates, and (b) take no action to form any associations that would
either jeopardize the maintenance and existence of, or preclude, interfere with, threaten or delay the issuance of any gaming license to FMC, HC or any of their Affiliates or result in the imposition of burdensome terms or conditions on any such
gaming license. 
 4.2 Licenses and Permits. FMC hereby represents and warrants that it has acquired or will acquire, and throughout
the Operating Term, will maintain in full force and effect all required registrations and permits under the Regulatory Legislation or otherwise, including liquor, tobacco and sign licenses, as are required to operate the Casino Complex as
contemplated hereby. FMC further agrees to apply promptly for the renewal, replacement or extension of each such permit or license prior to its expiration or other termination, such application to be for the longest available period. FMC shall
comply fully with the terms and conditions contained in such licenses and permits. 
  

 8 

 4.3 Amendment of Permanent Agreement. FMC will not amend, modify or supplement the Permanent
Agreement in any manner which would cause the duties of HC hereunder to expand in scope without the written consent of HC. 
 4.4
Enforcement of Permanent Agreement. FMC will diligently enforce its rights under the Permanent Agreement. 
  

	5.	FEES AND RELATED MATTERS  

 5.1 HC Fees
and Reimbursements. During each Operating Year, HC shall be entitled to receive from FMC (and not from OLGC or from the Gross Revenues of the Complex) the following fees (herein, collectively, the “Fees”): 
  

	 	(a)	For the provision of Complex Services, a fee (the “Base Fee”) equal to 0.3% of Adjusted Gross Receipts, up to Cdn. $300 million; provided however, that in
the case of the first and last Operating Year, the Cdn. $300 million number shall, if such Operating Year is not comprised of 365 days, be prorated based on the number of days in such Operating Year. Notwithstanding the foregoing, if a portion of
the Operator Fee payable to FMC under the Permanent Agreement is deferred in payment pursuant to Section 5.3(b)(vii) of the Permanent Agreement such that the amount thereof actually paid is less than the sum of the amount of the Fees hereunder
plus the amount of the Fees payable under a certain Master (Permanent) Gaming Services Agreement between HGM and FMC (the “Deficiency”), then the amount of the Deficiency shall likewise be deferred in payment and paid (with interest at the
rate provided for deferred Operator Fees in the Permanent Agreement) at such time and in such amounts as deferred Operator Fees, together with all accrued and unpaid interest, are paid under the Permanent Agreement, until such time as the Deficiency
is paid in full, all such payments with respect to the Deficiency (and interest) to be made on a proportionate basis between amounts required hereunder and those required under said Master (Permanent) Gaming Services Agreement.

  

	 	(b)	 For the provision of Ancillary Support Services, a fee (the “Ancillary Support Fee”) equal to HC’s cost (with no profit component and exclusive of
any overhead charge or allocation) of rendering such services, not to exceed a total of $200 (Cdn.) per hour, per HC employee providing Ancillary Support Services (it being understood that such services which do not require man-hours to provide
shall be charged at HC’s cost as aforesaid without regard to a dollar per hour limitation). Ancillary Support Fees shall accrue only during such period of time as HC employees are actually on-site at the Casino Complex and performing Ancillary
Support Services. Without limiting the generality of the foregoing, no such charges shall accrue during any travel time, or time spent prior to the actual 

  

 9 

	 	 
rendition of Ancillary Support Services in preparation therefor. All HC employees performing Ancillary Support Services shall keep an individual log
detailing the amount of time spent in providing Ancillary Support Services, the dates thereof, and a brief description of the nature of such services. A copy of all such logs shall accompany each invoice rendered by HC for its Ancillary Support Fee.

  

	 	(c)	For the provision of the Other Ancillary Support Services, a fee (the “Other Ancillary Support Fee”) equal to HC’s cost (with no profit component and exclusive of any
overhead charge or allocation) of rendering such services, not to exceed a total of $200 (Cdn.) per hour, per HC employee providing Other Ancillary Support Services (it being understood that such services which do not require man-hours to provide
shall be charged at HC’s cost as aforesaid without regard to a dollar per hour limitation). Without limiting the generality of the foregoing, no such charges shall accrue during any travel time, or time spent prior to the actual rendition of
Other Ancillary Support Services in preparation therefor. All HC employees performing Other Ancillary Support Services shall keep an individual log detailing the amount of time spent in providing Other Ancillary Support Services, the dates thereof,
and a brief description of the nature of such services. A copy of all such logs shall accompany each invoice rendered by HC for its Other Ancillary Support Fee. 

  

	 	(d)	All Fees, computed as above provided, shall be net of any taxes (including, without limitation, all applicable sales, use, value added and goods or services taxes), duties and fees
imposed by any Governmental Authority (other than federal, state, provincial or other income taxes imposed on HC’s income). HC shall be responsible for all federal, state, provincial or other income taxes imposed on HC’s income and FMC,
except as required by Section 105 of the Regulations under the Income Tax Act (Canada) in connection with the payment of Ancillary Support Fees, shall not withhold any amounts in respect thereof. 

  

	 	(e)	For its services as contemplated by Schedules A and B, HC shall be reimbursed for its costs (i.e., no profit component and exclusive of any overhead charge or allocation) less
amounts, if any, directly reimbursed to HC by OLGC. 

 5.2 Payment of Fees. The Base Fee shall each be payable in
monthly instalments on the 20th day of the month succeeding the month for which the same are being calculated. Ancillary Support Fees and Other Ancillary Support Fees shall be paid on a monthly basis and shall be due ten (10) days following
delivery by HC of an invoice therefor to FMC, accompanied by copies of the employee logs referred to above. Reimbursements shall be made within five (5) days of billing therefor. All Fees and reimbursements shall be payable to HC by check
delivered to HC at its offices in Chicago, Illinois, or, at the request of HC, by wire transfer to an account, as designated in writing by HC, maintained in Chicago, Illinois. 
  

 10 

 5.3 Year-end Adjustments. If, for any Operating Year, HC’s Fees due in accordance with
FMC’s financial statements certified by the Auditors required pursuant to Section 5.7(c) of the Permanent Agreement shall be less or more than the preliminary instalments paid in accordance with Sections 5.1 and 5.2 hereof, FMC or HC shall
repay, as appropriate, the difference within thirty (30) days after receipt by FMC of said financial statements and the delivery of such financial statements to HC. In addition, if FMC shall dispute the amount of Ancillary Support Fees or Other
Ancillary Support Fees for which it has been invoiced, FMC shall have the right to audit the books and records of HC with respect thereto, and to object to the amount thereof following any such audit. If the parties are unable to resolve any
differences between them regarding the amount of Ancillary Support Fees or Other Ancillary Support Fees, such dispute shall be settled by arbitration, conducted in Chicago, Illinois, in accordance with applicable rules of the American Arbitration
Association. Disputes for the amount of Ancillary Support Fees or Other Ancillary Support Fees shall be settled only on an annual basis. 
 5.4 Operating Years. The first Operating Year shall be the period beginning on the Opening Date and ending on the following March 31. Subsequent Operating Years shall commence on April 1 of each year and end on
March 31 of the following year. 
 5.5 Payment of Taxes. FMC shall be liable for and remit to the appropriate governmental
authority, all taxes (including but not limited to all applicable sales, use, value added and goods and services taxes), duties and fees imposed by any governmental authority with respect to this Agreement, other than federal, state, provincial or
other income taxes (including withholding taxes generally but excluding withholding taxes imposed under Section 105 of the Regulations under the Income Tax Act (Canada) in respect of the Ancillary Support Fee) imposed on HC’s
income, which income taxes (including withholding taxes) shall be HC’s responsibility. FMC agrees that any taxes which are FMC’s responsibility shall not be offset against or reduce the Fees paid to HC hereunder (other than those
withholding taxes imposed under Section 105 of the Regulations under the Income Tax Act (Canada) in respect of the Ancillary Support Fee). HC agrees to pay and to indemnify and hold FMC harmless from all taxes payable by FMC as a result
of the failure of FMC to deduct or withhold any amount on account of taxes that FMC is required by law to deduct or withhold from any payment made by FMC to HC. 
 5.6 Acknowledgments. FMC acknowledges that FMC is solely responsible out of its own monies and resources to pay the Fees and reimbursements and other amounts owing to HC hereunder including all taxes, duties
and fees associated therewith and that, except as set forth in the Permanent Agreement, FMC is not entitled under any circumstances to recover the same from OLGC, the Bank Accounts or the Casino Complex assets. HC acknowledges that its sole recourse
for any amounts owed to it hereunder including the Fees is limited to its rights to recover the same from FMC. 
  

 11 

	6.	CANCELLATION OR NON-RENEWAL OF RIGHT TO OPERATE COMIPLEX 

 6.1 If at any time during the Operating Term, FMC’s rights under the Regulatory Legislation or the Permanent Agreement to operate the Casino Complex are cancelled, or FMC’s renewal as operator is refused by
the competent Governmental Authorities for any reason whatsoever, this Agreement shall terminate on the date on which FMC ceases to have the right to operate the Casino Complex, pursuant to a non-appealable order or decision. If, within one year of
such cancellation or non-renewal, FMC shall be granted the right to resume operation of a casino in Niagara Falls, Ontario, either party shall notify the other promptly and either party shall have the right to reinstate this Agreement as of the
effective date of such grant. 
  

	7.	DEFAULTS AND TERMINATION RIGHTS 

 7.1
Events of Default. Subject to Section 7.3, the following shall constitute “events of default” hereunder: 
  

	 	(a)	The failure of FMC or HC to make any payment to any other party hereto which is provided for herein and such failure shall continue for a period of fifteen (15) days after such
payment is due; 

  

	 	(b)	an Event of Insolvency with respect to FMC or HC; 

  

	 	(c)	any representation or warranty made by FMC or HC in this Agreement shall have been proven to have been incorrect in any material respect when made; 

  

	 	(d)	FMC or HC fails to perform or observe any other term, covenant or agreement contained in this Agreement in any material respect and any such failure remains unremedied for 30 days
after the other party receives written notice of such failure or such longer period as may be reasonably regarded as necessary to remedy such failure, provided that the failing party has commenced within a reasonable time and in good faith the
remedying of such failure within such 30 day period and thereafter prosecutes to completion with diligence and continuity the remedying thereof; or 

  

	 	(e)	the occurrence of a Major Hyatt Default under the Participants Support Agreement and, in connection therewith, the appointment and approval by OLGC of a “replacement
operator” as provided in the Participants Support Agreement. 

 7.2 Right to Terminate Upon Default. Subject to
Section 9, upon the occurrence and continuance of an event of default, the non-defaulting party (which, in the case of Section 7.1(e), shall mean FMC) may give to the defaulting party notice of its intention to terminate in which event
this Agreement shall so terminate upon the delivery of such notice. Except for (i) the right to terminate this Agreement in accordance with the terms hereof; (ii) the rights of HC under Sections 5.1, 5.2 and 5.5 to be paid its accrued Fees
through the date of termination in accordance with the terms of that Section and to institute appropriate legal action and proceedings for the collection thereof; (iii) the rights of HC under Section 6; and (iv) the right of FMC to
seek equitable remedies to enjoin HC’s breach of Section 10, termination of this Agreement shall constitute the sole remedy available to each party hereunder (it being 

  

 12 

 
understood that each of Sections 5.1, 5.2, 5.5, 6 and 10 shall survive termination of this Agreement). EXCEPT AS SET FORTH IN THIS SECTION 7.2, NO PARTY
OR ITS AFFILIATE MAY COMMENCE ANY CLAIM OR ACTION AGAINST OR RECEIVE DAMAGES FROM ANY PARTY HERETO OR ANY OF ITS RESPECTIVE AFFILIATES WITH RESPECT TO THE SUBJECT MATTER OF THIS AGREEMENT OTHER THAN A CLAIM OR ACTION WHICH SEEKS TO ENFORCE THE
PROVISIONS HEREOF. 
 7.3 Force Majeure. Except as otherwise expressly provided in this Agreement, any party that is delayed in or
prevented, whether in whole or in part, from performing any obligation or condition hereunder as a result of Force Majeure, shall be excused from performing such obligations or conditions while such party is so delayed or prevented. Any party so
affected shall use all reasonable commercial efforts to otherwise comply with its obligations hereunder. 
 7.4 Right to Terminate Upon
Loss of License. In the event the “Total Interest” (as defined in the Shareholders Agreement) of Niagara is repurchased by FMC pursuant to Section 7.1(b) of the Shareholders Agreement by reason of a “Loss of License”
pursuant to Section 7.1(a) of the Shareholders Agreement, FMC shall, concurrently therewith or at any time thereafter, have the right to terminate this Agreement by delivery of written notice thereof to HC effective upon receipt by HC of such
notice; provided, however, if Niagara, or any Affiliate of Niagara, shall have, pursuant to Section 7.1(f) of the Shareholders Agreement, rescinded such repurchase and paid the consideration required to be paid by said Section 7.1(f),
then, effective upon such rescission, this Agreement and the rights and obligations of the parties hereto, shall be reinstated, and continued in full force and effect, for all the rest and remainder of the term hereof. 
  

	8.	SUCCESSORS AND ASSIGNS 

 8.1 All terms,
provisions, covenants, undertakings, agreements, obligations and conditions of this Agreement shall be binding upon and inure to the benefit of the successors in interest and the permitted assigns of the parties hereto (it being understood that no
assignment, transfer, pledge, mortgage or lease by or through any party hereto shall be permitted without the prior written consent of the other parties; provided, however, subject to compliance with any applicable Regulatory Legislation and to the
consent and approval of OLGC, if required, HC shall have the right to transfer and assign its rights and obligations hereunder to an Affiliate of HC except that no such transfer or assignment shall relieve HC of its liability or its obligations
hereunder). 
  

	9.	MEDIATION 

 9.1 The parties agree to use
their reasonable good faith efforts to settle any claim, controversy or dispute contemplated by or arising out of or in connection with this Agreement (a “Dispute”). Where there is a Dispute, the Dispute shall be the subject of non-binding
and without prejudice mediation by recourse to an independent Person or Persons generally recognized as having familiarity with and expertise in the matter which is the subject of the Dispute (an “Expert”). Either party may initiate such
mediation by giving notice (an “Initiation Notice”) to the other party to that effect. Within five Business Days after the delivery of such notice, the 

  

 13 

 
parties shall meet and attempt to appoint a single Expert for non-binding and without prejudice mediation of such Dispute. If the parties are unable to agree
on the Expert to be appointed within such five Business Day period, then, upon notice given by either of them and within five Business Days of such Initiation Notice, either party may apply to a judge of the Ontario Superior Court of Justice for the
appointment of such Expert. In consultation with the Expert, the parties shall promptly designate a mutually convenient time and place in Toronto, Ontario for the mediation as well as a timetable for the delivery of copies of relevant documents to
each other and to the Expert and for the delivery to the Expert of a written summary of each party’s position with respect to the Dispute and as to such matters as may be requested by the Expert. Each party shall use its reasonable efforts to
conclude the mediation within 30 days of the appointment of the Expert (the “Mediation Period”). The costs related to such mediation shall, in the absence of agreement between the parties to the contrary, be shared equally by FMC and HC.
Each of the parties agrees that it will give substantial weight and due regard for the recommendation of the Expert. Notwithstanding the foregoing, following the earlier of the delivery of the recommendation of the Expert and 30 days following the
appointment of the Expert, each of the parties shall be entitled to seek resolution of such Dispute in accordance with its normal remedies and recourses available at law. 
  

	10.	NON-COMPETITION 

  

	 	(a)	HC hereby agrees that it will not any time during the Term, directly or indirectly, either individually or in partnership or jointly or in conjunction with any Person as principal,
agent, shareholder or in any other manner whatsoever, carry on or be engaged in or advise, lend money to, guarantee the debts or obligations of or permit its name or any part thereof to be used or employed by any Person for the purpose of engaging
in any business involving the conduct, management or operation of Games of Chance similar to or competitive with the business being carried on in and at the Complex within 200 kilometres of the Complex (other than a casino in Ontario operated by FMC
pursuant to an agreement between any governmental authority or agency and FMC). 

  

	 	(b)	Notwithstanding Section 10(a), nothing shall prohibit: 

  

	 	(i)	HC from holding an interest in a publicly-traded corporation provided HC holds less than 10% of the issued and outstanding shares of such corporation, provided further that if a
publicly traded corporation in which HC holds 10% or more of said shares acquires an interest in a casino within the 200 kilometre radius, HC shall not be in breach of this provision if within 12 months after the acquisition of such competing casino
either (i) HC reduces its interest in such corporation to less than 10%; or (ii) such corporation divests itself of its interest in the competing casino; or 

  

	 	(ii)	HC from acquiring an interest in a casino within the 200 kilometre radius provided (A) it is part of an acquisition or merger where the value of the interest in the casino
being acquired is less than 25% of the value of all of the assets being acquired in the acquisition or merger and (B) HC divests itself of the interest within a reasonable period of time thereafter and, in any event, within 12 months of the
acquisition or merger. 

  

 14 

	 	(c)	HC acknowledges that a violation of this Section 10 will result in immediate and irreparable damage to OLGC and agrees that in the event of such violation OLGC shall, in
addition to any other rights to relief, be entitled to equitable relief by way of temporary or permanent injunction and to such other relief as any court of competent jurisdiction may deem just and proper. If HC is in breach of any such
restrictions, the running of the period of prescription shall be stayed and shall commence upon the date HC ceases to be in breach thereof, whether voluntarily or by injunction. 

  

	11.	REPRESENTATIONS AND WARRANTIES 

 11.1
Representations and Warranties of FMC. FMC hereby represents and warrants as of the date hereof as follows: 
  

	 	(a)	FMC is a corporation duly formed under the laws of the Province of Nova Scotia. 

  

	 	(b)	FMC has all necessary capacity, power and authority to execute and deliver, and perform its obligations under, this Agreement. This Agreement has been duly authorized by FMC and
constitutes a valid and binding obligation of FMC enforceable against FMC in accordance with its terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws or equitable principles relating to or
limiting creditors” rights generally. 

  

	 	(c)	Neither the execution and delivery of this Agreement by FMC nor the fulfillment of or compliance with the terms and conditions hereof by FMC: 

  

	 	(i)	conflicts with or results in a breach of any of the terms, conditions or provisions of or constitutes a default under the constating documentation of FMC; or

  

	 	(ii)	conflicts with or will conflict with or result in a material breach of any of the terms, conditions or provisions of or constitutes a material default under any material agreement,
license or other instrument to which FMC is a party or by which it is otherwise bound. 

 11.2 Representations and
Warranties of HC. HC represents and warrants as of the date hereof as follows: 
  

	 	(a)	HC is a corporation duly incorporated and organized under the laws of the State of Delaware. 

  

 15 

	 	(b)	HC has all necessary capacity, power and authority to execute and deliver, and perform its obligations under, this Agreement. This Agreement has been duly authorized by HC and
constitutes a valid and binding obligation of HC enforceable against HC in accordance with its terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws or equitable principles relating to or
limiting creditors’ rights generally. 

  

	 	(c)	Neither the execution and delivery of this Agreement by HC nor the fulfillment of or compliance with the terms and conditions hereof by HC: 

  

	 	(i)	conflicts with or results in a breach of any of the terms, conditions or provisions of or constitutes a default under the constating documentation of HC; or

  

	 	(ii)	conflicts with or will conflict with or result in a material breach of any of the terms, conditions or provisions of or constitutes a material default under any material agreement,
license or other instrument to which HC is a party or by which it is otherwise bound. 

  

	12.	COVENANTS OF HC 

 12.1 Corporate
Existence. In addition to the other covenants and obligations to be performed by HC hereunder, HC agrees to maintain and keep in full force and effect its corporate existence and power. For purposes hereof, HC shall be deemed in compliance with
the provision so long as (i) the surviving corporation of any merger of or consolidation with HC (or any corporate successor) maintains its corporate existence, or (ii) the entity acquiring substantially all of the assets of HC (or any
corporate successor) maintains its existence and, in either event, the successor corporation, by contract or operation of law, assumes and agrees to perform and discharge the liabilities and obligations of HC hereunder. 
 12.2 Negative Covenants of HC. In addition to the other covenants and obligations to be performed by HC hereunder, during the Operating Term HC,
directly or indirectly, shall not: 
  

	 	(a)	solicit or hire any of the Executive Staff, or 

  

	 	(b)	take any action which would adversely affect FMC’s ability to comply with its obligations under the Permanent Agreement, or otherwise cause FMC to be in breach of the Permanent
Agreement. 

 12.3 HC-FMC Contracts. Other than as specifically contemplated hereunder or under any Approved Operating
Budget, HC will not enter into any contract with FMC in respect of the operation of the Casino Complex. 
  

 16 

	13.	MISCELLANEOUS 

 13.1 Entire Agreement.
This Agreement (together with the documents referred to herein) constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes any previous agreement between the parties in relation to such
transactions. 
 13.2 Amendments. No amendment to any of the terms of this Agreement shall be effective unless it is in writing and
signed by or on behalf of each of the parties hereto or thereto. 
 13.3 Notices. Any notice or other communication which may be or is
required to be given hereunder shall either be delivered personally or sent by first-class mail, overnight air freight delivery, telex or facsimile transmission and shall be delivered or sent to each of the other parties hereto. The address for
service of each of the parties shall be the address stated at the beginning of this Agreement or such other address as the party to be served may have previously notified to the others. All notices shall be deemed to have been served upon actual
receipt thereof by the addressee. In the case of communications by personal delivery, telex or facsimile transmission, if such delivery or transmission occurs after 6 p.m. on a business day (being a business day in the city where the address for
service of the party on whom the notice is served is situated) or on a day which is not a business day, service shall be deemed to occur at 9 a.m. on the next following business day. In proving such service it shall be sufficient to prove that
personal delivery was made, or that the envelope containing such notice was properly addressed and delivered into the custody of the postal authorities as a prepaid first class letter, or that the telex transmission was made and the recipient’s
“answer back” received or that the facsimile transmission was made after obtaining in person, by telephone or electronically appropriate evidence of the delivery of the same. 
 13.4 Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED AND TAKE EFFECT IN ACCORDANCE WITH THE LAWS OF THE STATE OF ILLINOIS
WITHOUT GIVING EFFECT TO ANY CHOICE OR CONFLICT OF LAW PROVISION. 
 13.5 Consents and Approvals. Wherever in this Agreement the
consent or approval of any party is required, such consent or approval shall not be unreasonably withheld, shall be in writing and shall be executed by a duly authorized officer or agent of the party granting such consent or approval; provided,
however, that, if any party fails to respond within thirty (30) days to a request by the other party for a consent or a approval required by this Agreement, such consent or approval shall be deemed to have been given. 
 13.6 Survival and Continuation. Notwithstanding the termination of this Agreement for any reason, all obligations of any party provided for herein
that, in order to give effect to the intent of the parties, need to survive such termination (including, among other things, the payment of any monies due by any party hereto to any other party) shall survive and continue until they have been fully
satisfied or performed. 
 13.7 Waiver. The waiver of any of the terms and conditions of this Agreement on any occasion or occasions
by any party hereto shall not be deemed to be a waiver of such terms and conditions on any future occasion. 
  

 17 

 13.8 Further Instruments. Each party shall execute and deliver all other appropriate supplemental
agreements and other instruments, and take any other action, including obtaining any Government Approval, necessary to make this Agreement fully and legally effective, binding, and enforceable as between the parties and as against third parties and
any fees or expenses incurred in connection therewith shall be borne by FMC. 
 13.9 No Partnership or Franchise. Nothing herein shall
constitute, or be construed as or deemed to create a partnership, joint venture, agency, franchisor/franchisee, principal/agent or similar relationship among or between any of the parties hereto. 
 13.10 Attorneys’ Fees. In the event of any proceeding to interpret or enforce this Agreement, the prevailing party shall be entitled to
collect from the non-prevailing party the reasonable attorneys’ fees and costs and expenses of the prevailing party incurred in such proceeding. 
 13.11 Execution and Counterparts. This Agreement is being executed and delivered in several counterparts by FMC and HC in the United States and shall be deemed to have been duly executed upon exchange among the
parties of identical executed counterparts thereof. Each counterpart Agreement shall constitute an original. 
 13.12 Interpretation.
The interpretation of this Agreement shall not permit a revenue, expense, liability, recovery, receipt, payment, reserve or reimbursement to be duplicated. 
 13.13 No Third Party Beneficiaries. No person or entity shall be an express or implied third party beneficiary of the rights or obligations of any party to this Agreement. 
 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written. 
  

			
	FALLS MANAGEMENT COMPANY, a Nova Scotia unlimited liability company
		
	By:	 	 /s/ James F. Dougan

	Name:	 	James F. Dougan
	Title:	 	President and Chief Operating Officer
	
	HYATT CORPORATION, a Delaware corporation
		
	By:	 	 /s/ Harold Handelsman

	Name:	 	Harold Handelsman
	Title:	 	Vice President

  

 18 

 SCHEDULE “A”  
 Ancillary Support Services 
  

	1.	Operations/Consulting Services 

 Description: Those operations/consulting services provided by HC and its Affiliates from time to time to all casinos owned or operated by HC or its Affiliates consisting of: 
  

	 	(a)	business and sales promotion consulting/services; 

  

	 	(b)	advertising, publicity and public relations/consulting services; 

  

	 	(c)	food and beverage, personnel and other operational departmental supervision/consulting services; and 

  

	 	(d)	access to HC’s U.S. based employee training program, including making qualified personnel available to FMC. 

  

	2.	Co-ordinated Marketing Services 

 Description: Those joint marketing programs managed by HC or its Affiliates. 
  

	3.	Computer and Software Consulting Services 

 Description: Access to HC’s outsourced technology services, including software support, maintenance, training, installation and related systems for automated management systems, including point-of-sale, human resources and
catering. 
  

	4.	Proprietary Systems 

 Description: License or
facilitate obtaining licenses for proprietary computer software systems owned by or licensed to HC or an Affiliate of HC for use in connection with the Complex. 
  

	5.	Intellectual Property 

 Description:
HC or one of its Affiliates is or will become the owner or licensee of certain intellectual property, including (a) software for use at one or more other HC facilities and all source and object code versions thereof and all related
documentation, flow charts, user manuals, listing, and service/operator manuals and any enhancements, modifications or substitutions thereof (“Operator Software”), and (b) trade secrets, trade names, trademarks, know-how and other
proprietary information relating to the operating methods, procedures and policies (herein collectively called the Intellectual Property in connection with the performance of these services to the. extent that it deems appropriate for the purpose of
carrying out its agreements and obligations hereunder, but such use shall be strictly on a non-exclusive basis, and such use shall not confer any proprietary or other rights in the Intellectual Property upon FMC or any third parties. 

	6.	Human Resources Consulting Services 

 Description: Access to human resource and employee relations consulting services, including specialized training, preparation and revision of manuals, employee surveys and employee newsletters, and monitoring compliance with affirmative
action policies and other employment policies. 
  

	7.	Other Corporate Consulting Services 

 HC also
provides a number of other corporate consulting services, including in-house merchandising services, property evaluations, preparation of quality assurance manuals, college recruiting programs, other training programs and other various services.

  

	8.	Mailings 

 Description: Send to those
persons retained in the HC world-wide database (within the parameters indicated by FMC) mailings, solicitations and other promotional marketing materials relating to the Complex provided to HC by FMC. HC shall, within 30 days of sending of such
mailings, solicitations or other promotional materials, provide to FMC a certificate of a senior officer of HC confirming that such mailings have been made. 

 SCHEDULE “B” 
 Hyatt Hotel System Services 
 Hyatt and its Affiliates currently provide
certain additional centralized services to Hyatt Hotels including the following: 
  

	1.	Chain Services. These services consist of centralized reservation services through Hyatt’s centralized reservation center currently located in Omaha, Nebraska, national
sales force and national sales offices and national advertising and promotions. 

  

	2.	Gold Passport. Currently, Hyatt maintains a frequent guest incentive program known as Gold Passport, the cost of which is paid by assessing each Hyatt Hotel four percent
(4%) of all qualifying charges attributable to a Gold Passport member’s stay at that hotel excluding applicable taxes. The amount of this assessment including the cost of amenities provided to Gold Passport members, typically approximates
one percent (1%) of total annual room revenue, depending on program usage in a given hotel. 

  

	3.	Technology Services. Computer Sciences Corporation Outsourcing, Inc. (“CSCO”) (an unaffiliated party) renders technology services to Hyatt Hotels through Hyatt
Corporation pursuant to a technology outsourcing agreement. In particular, CSCO provides software support, maintenance, training, installation and related services for automated management systems including, but not limited to, property management,
point-of-sale, sales and marketing, catering and convention services, local and wide area networks, electronic mail, central databases and reporting, reservations, group business services and transient room monitoring. 

  

	4.	Other Reservations Services. In addition to the central reservations center currently located in Omaha, Nebraska, other global distribution systems (principally airline
reservations systems) accept reservations for Hyatt Hotels and confirm the reservations with Hyatt through Hyatt’s central reservations center. In addition, Pegasus Systems, Inc., a publicly traded company (in which Hyatt currently owns less
than 1% of the outstanding common shares) provides connections to the airline reservations systems, internet related reservations services and consolidated travel agent commission payment processing services for which hotels using such services pay
on a per transaction basis at rates set by the service provider. 

  

	5.	 Wide Area Network (WAN). The WAN is a private communication network among Hyatt Hotels, the central reservations center, Hyatt’s corporate office,
divisional offices and other important points of contact within the Hyatt chain. Among other things, the WAN permits the central reservations center to transmit reservations to the applicable Hyatt Hotel, provides each Hyatt Hotel access to
Hyatt’s applications and databases, and allows Hyatt to gather, process and use information from each Hyatt Hotel and the central reservations center for, among other things, sales purposes and various financial and other analyses. The WAN also
is the delivery mechanism utilized for Hyatt’s electronic mail system. Each Hyatt Hotel has, or is required to purchase, specific hardware necessary to connect to the WAN at an estimated one-time cost which currently approximates 

	 	 
$12,000 to $15,000, exclusive of initial circuit costs which typically range from $5,000 to $10,000 (exact costs are determined upon completion of a systems
proposal). The current standard for the WAN circuit is 256K. 

  

	6.	Mandatory Contracts. Hyatt from time to time, negotiates contracts with vendors or providers of services which, under their terms, provide for mandatory participation by all
Hyatt Hotels, or by certain Hyatt Hotels (e.g., hotels in a certain business segment). 

  

	7.	Other Corporate Services. Hyatt also provides a number of other corporate services and programs for the benefit of Hyatt Hotels for which reimbursement is made on a cost
recovery basis. These services and programs include in-house merchandising services, group sales promotional programs and events sponsored by two or more Hyatt Hotels, property evaluations, quality assurance manuals, college recruiting programs,
other training programs and other various services. 

  

	8.	FFE Purchasing Services. Rosemont Project Management, LLC, offers purchasing services to Hyatt Hotels for the purchase of furniture, fixtures and equipment, which, together
with renovation related services, are typically subject to a separate contract and fee structure (which includes a profit component). Each Hyatt Hotel may determine whether, and the extent to which, to use the foregoing purchasing services.

  

	9.	Purchasing Services. Hyatt makes various goods and services available to Hyatt Hotels through a centralized purchasing program (“Purchasing Company”) currently
administered by Avendra, LLC, a procurement services company in which an Affiliate of Hyatt has a minority ownership interest. Each Hyatt Hotel determines whether, and the extent to which, to use the services of the Purchasing Company (other than as
stated under Mandatory Contracts above). Hyatt corporate personnel provide on-going oversight of Hyatt’s customer relationship with the Purchasing Company. The cost of providing this function will be allocated among those hotels utilizing the
purchasing services of Purchasing Company on a fair and equitable basis without premium, profit or mark up to Hyatt. 

  

	10.	Remote Call Forwarding. Hyatt currently offers Hyatt Hotels the option of forwarding reservations calls received at a hotel to Hyatt’s centralized reservations center
currently located in Omaha, Nebraska, when on-site personnel are unavailable to process potential reservations. 

 OFFICER’S CERTIFICATE 
 The undersigned hereby certifies for and on behalf of Falls Management Company (the “Corporation”) and without personal liability that the
document attached is a true copy of the Master (Permanent) Non-Gaming Services Agreement between the Corporation and Hyatt Gaming Management, Inc. made as of July 19, 2002. 
 Dated as of the 19th day of July, 2002 
  

			
	FALLS MANAGEMENT COMPANY
		
	Per:	 	 /s/ David B. Strom

	Name:	 	David B. Strom
	Title:	 	Vice President and Chief Financial Officer

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