Document:

Exhibit 10.2

Exhibit 10.2

AMENDMENT, RESIGNATION, WAIVER, CONSENT

AND APPOINTMENT AGREEMENT

This Amendment, Resignation, Waiver, Consent and Appointment Agreement (this
“Agreement”) is entered into as of July 24, 2009, by and among Lehman Commercial Paper Inc.
(“Lehman”), a debtor and debtor in possession under chapter 11 of the Bankruptcy Code
(defined below) acting alone or through one or more of its branches as the Administrative Agent (in
such capacities, the “Existing Agent”) under that certain Credit Agreement (as defined
below), the Successor Agent (as defined below) and Pinnacle Entertainment, Inc. (the
“Borrower”). Defined terms in the Credit Agreement have the same meanings where used
herein, unless otherwise defined.

RECITALS

WHEREAS, the Borrower, the Lenders, the Existing Agent and certain other agents party thereto
have entered into that certain Second Amended and Restated Credit Agreement dated as of December
14, 2005 (as amended, restated, supplemented or otherwise modified, the “Credit
Agreement”);

WHEREAS, On October 5, 2008, the Existing Agent commenced a voluntary case under chapter 11 of
title 11 of the United States Code (the “Bankruptcy Code”);

WHEREAS, the Existing Agent desires to resign as Administrative Agent under the Credit
Agreement and the other Loan Documents; and

WHEREAS, pursuant to the Fourth Amendment, the Required Lenders appointed Barclays Bank PLC as
successor Administrative Agent (in such capacity, the “Successor Agent”) under the Credit
Agreement and the other Loan Documents, subject to the occurrence of the Effective Date (as defined
below), and instructed both the Existing Agent and the Successor Agent to execute and deliver this
Agreement, the Borrower desires to ratify such appointment, and the Successor Agent wishes to
accept such appointment.

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which
hereby are acknowledged, the parties hereto hereby agree as follows:

1. Agency Resignation, Waiver, Consent and Appointment.

(a) As of the Effective Date (as defined below), (i) the Existing Agent hereby resigns
as the Administrative Agent as provided under Section 9.9 (Successor Administrative Agent)
of the Credit Agreement and shall have no further obligations under the Loan Documents in
such capacity; (ii) Barclays Bank PLC hereby accepts the appointment by the Required Lenders
(and the consent thereto by the Borrower) set forth in the Fourth Amendment as Successor
Agent; (iii) the Successor Agent shall bear no responsibility for any actions taken or
omitted to be taken by the Existing Agent while the Existing Agent served as Administrative
Agent and Swing Line Lender under the Credit Agreement and the other Loan Documents and (iv)
each of the Existing Agent and Borrower authorizes the Successor Agent to file any
assignments or amendments with respect to the Uniform Commercial Code Financing Statements,
Mortgages, and other filings in respect of the Collateral as the Successor Agent deems
necessary or desirable and each party hereto agrees to execute any
documentation and to take such other actions as may reasonably be necessary to evidence
the resignation and appointment described herein; provided that the Existing Agent shall
bear no responsibility for any actions taken or omitted to be taken by the Successor Agent
under this clause (iv).

 

 

 

(b) The parties hereto hereby confirm, as of the Effective Date, that the Successor
Agent succeeds to the rights and obligations of the Administrative Agent under the Credit
Agreement and becomes vested with all of the rights, powers, privileges and duties of the
Administrative Agent and Swing Line Lender under each of the Loan Documents, and the
Existing Agent is discharged from all of its duties and obligations as the Administrative
Agent and Swing Line Lender under the Credit Agreement and the other Loan Documents.

(c) The parties hereto hereby confirm that, as of the Effective Date, all of the
indemnification and other similar provisions of the Credit Agreement which by their terms
would survive the repayment of the Loans and the termination of the Commitments, including,
without limitation, Section 9 (The Agents) and Section 10.5 (Payment of Expenses) to the
extent they pertain to the Existing Agent, continue in effect for the benefit of the
Existing Agent, its sub-agents and their respective affiliates in respect of any actions
taken or omitted to be taken by any of them while the Existing Agent was acting as
Administrative Agent and Swing Line Lender and inure to the benefit of the Existing Agent.

(d) The Existing Agent hereby assigns to the Successor Agent, as of the Effective Date,
each of the Liens and security interests granted to the Existing Agent under the Loan
Documents and the Successor Agent hereby assumes, as of the Effective Date, all such Liens,
for its benefit and for the benefit of the Secured Parties.

(e) On and after the Effective Date, all possessory Collateral held by the Existing
Agent for the benefit of the Lenders shall be deemed to be held by the Existing Agent as
agent and bailee for the Successor Agent for the benefit of the Lenders until such time as
such possessory Collateral has been delivered to the Successor Agent. Notwithstanding
anything herein to the contrary or the effectiveness of the terms hereof, Borrower agrees
that all of such Liens granted by Borrower, shall in all respects be continuing and in
effect and are hereby ratified and reaffirmed by it. Without limiting the generality of the
foregoing, any reference to the Existing Agent on any publicly filed document, to the extent
such filing relates to the Liens and security interests in the Collateral assigned hereby
and until such filing is modified to reflect the interests of the Successor Agent, shall,
with respect to such Liens and security interests, constitute a reference to the Existing
Agent as collateral representative of the Successor Agent (provided, that the parties hereto
agree that the Existing Agent’s role as such collateral representative shall impose no
duties, obligations, or liabilities on the Existing Agent, including, without limitation,
any duty to take any type of direction regarding any action to be taken against such
Collateral other than the requirements of the Existing Agent to consummate the assignments
effected hereby, whether such direction comes from the Successor Agent, the Required
Lenders, or otherwise and the Existing Agent shall have the full benefit of the protective
provisions of Section 9 (The Agents), including, without limitation, Section 9.7
(Indemnification), while serving in such capacity). The Successor Agent agrees to take
possession of any possessory Collateral delivered to the Successor Agent following the
Effective Date upon tender thereof by the Existing Agent.

 

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2. Amendment. Effective as of the Effective Date, the Credit Agreement is hereby
amended as follows:

(a) “Lehman Commercial Paper Inc.” is replaced in each instance where it appears with
“Barclays Bank PLC”.

(b) ““LCPI”,” in the preamble to the Credit Agreement is deleted.

(c) “the
“Administrative Agent”” in the preamble to the Credit Agreement is replaced
with “the “Administrative Agent”, it being understood and agreed that any successor
administrative agent appointed pursuant to Section 9.9 hereof shall be the “Administrative
Agent””.

(d) “LCPI” in the first “WHEREAS” clause is replaced with “Lehman Commercial Paper Inc.
(“LCPI”).

(e) “the Administrative Agent” in the first “WHEREAS” clause of the Credit Agreement is
replaced with “LCPI as the previous administrative agent”

(f) the following definitions are amended and restated in their entirety:

“First Amendment”: that certain First Amendment to the Existing Credit
Agreement, dated as of October 11, 2005, among the Borrower, the lenders party
thereto and LCPI as the prior administrative agent.

  “Issuing Lender”: any Revolving Credit Lender from time to time designated
by the Borrower as an Issuing Lender with the consent of such Revolving Credit Lender and
notice to the Administrative Agent, subject to Section 9.9(c) hereof, as applicable.

“Swing Line Lender”: Barclays Bank PLC, in its capacity as the lender of
Swing Line Loans, or, subject to Section 9.9(b) hereof, any other Revolving Credit
Lender from time to time designated by the Borrower to replace the existing Swing
Line Lender with the consent of such Revolving Credit Lender and notice to the
Administrative Agent; provided that in no event shall (i) there be more than one
Swing Line Lender at any time and (ii) any change in the Swing Line Lender be
permitted to occur while any Swing Line Loans are outstanding.

“Third Amendment”: that certain Third Amendment to Second Amended and
Restated Credit Agreement, dated as of November 17, 2006, between Borrower and LCPI
as prior administrative agent.

“Fourth Amendment”: that certain Fourth Amendment to Second Amended and
Restated Credit Agreement, dated as of the Fourth Amendment Effective Date, between
Borrower, LCPI as prior administrative agent and the Required Lenders.

(g) the following definition is added:

“Supermajority Lenders”: at any time, the holders of more than 66.7% of the
sum of (i) the aggregate unpaid amount of the Term Loans then outstanding, (ii) the
aggregate unpaid amount of the Delayed Draw Term Loans then outstanding, (iii) the
unfunded Delayed Draw Term Loan Commitments (if any), and (iv) the Total Revolving
Credit Commitments then in effect or, if the Revolving Credit Commitments have been
terminated, the Total Revolving Extensions of Credit then outstanding.

 

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(h) Section 9.9 of the Credit Agreement is restated in its entirety as follows:

“9.9
Successor Administrative Agent and Successor Swing Line Lender.

(a) The Administrative Agent may resign as Administrative Agent upon 10 days’
notice (such 10 day period, the “Notice Period”) to the Lenders and the
Borrower (the “Administrative Agent Resignation”). The Administrative Agent
may be removed (i) with or without cause, upon the affirmative vote of the
Supermajority Lenders to remove the Administrative Agent and the consent of
Borrower, in each case in writing, or (ii) for so long as the Administrative Agent
or any Affiliate of the Administrative Agent is a Defaulting Lender, upon the
affirmative vote of the Required Lenders to remove the Administrative Agent and the
consent of the Borrower, in each case in writing (each of clause (i) and (ii), an
“Administrative Agent Removal”). In the event of an Administrative Agent
Resignation or an Administrative Agent Removal, the Required Lenders shall appoint
from among the Lenders a successor agent for the Lenders, which successor agent
shall (unless an Event of Default under Section 8(a) or Section 8(f) with respect to
the Borrower shall have occurred and be continuing) be subject to approval by the
Borrower (which approval shall not be unreasonably withheld or delayed). In the
event of an Administrative Agent Resignation, if no successor agent is appointed
prior to the effective date of the resignation of the Administrative Agent, the
Administrative Agent may appoint, after consulting with the Lenders and the
Borrower, a successor agent from among the Lenders. Effective upon the acceptance
of its appointment as successor agent hereunder, the Person acting as such successor
agent shall succeed to the rights, powers and duties of the Administrative Agent,
and the term “Administrative Agent” shall mean such successor agent effective upon
such appointment and approval, and the former Administrative Agent’s rights, powers
and duties as Administrative Agent shall be terminated, without any other or further
act or deed on the part of such former Administrative Agent or any of the parties to
this Agreement or any holders of the Loans. If no successor agent has accepted
appointment as Administrative Agent by the effective date of the removal of the
Administrative Agent pursuant to an Administrative Agent Removal, or by the end of
the Notice Period in the case of an Administrative Agent Resignation, the retiring
Administrative Agent’s resignation or removal shall nevertheless thereupon become
effective, and the Lenders shall assume and perform all of the duties of the
Administrative Agent hereunder until such time, if any, as the Required Lenders
appoint a successor agent as provided for above. The Syndication Agent may, at any
time, by notice to the Lenders and the Administrative Agent, resign as Syndication
Agent hereunder, whereupon the duties, rights, obligations and responsibilities of
the Syndication Agent hereunder shall automatically be assumed by, and inure to the
benefit of, the Administrative Agent, without any further act by the Syndication
Agent, the Administrative Agent or any Lender. After any retiring Agent’s
resignation as Agent (or, in the case of the Administrative Agent, upon its
resignation or removal as set forth in this section), the provisions of this Section
9 shall inure to its benefit as to any actions taken or omitted to be taken by it
while it was Agent under this Agreement and the other Loan Documents.

 

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(b) If the Administrative Agent is the Swing Line Lender or is an Affiliate of the
Swing Line Lender, then (i) any Administrative Agent Resignation or Administrative
Agent Removal shall also constitute the resignation or removal of the Swing Line
Lender, and (ii) any successor Administrative Agent appointed pursuant to this
Section shall, upon its acceptance of such appointment, become the successor Swing
Line Lender for all purposes hereunder. In such event, (i) Borrower shall prepay
any outstanding Swing Line Loans made by (x) the resigning Administrative Agent in
its capacity as Swing Line Lender, on or prior to the end of the Notice Period, in
the case of an Administrative Agent Resignation, and (y) the removed Administrative
Agent in its capacity as Swing Line Lender as a condition to the effectiveness of
the removal of the Administrative Agent, in the case of an Administrative Agent
Removal, (ii) upon such prepayment, the retiring or removed Administrative Agent and
Swing Line Lender shall surrender any Swing Line Note held by it to Borrower for
cancellation, and (iii) Borrower shall issue, if so requested by successor
Administrative Agent and Swing Line Lender, a new Swing Line Note to the successor
Administrative Agent and Swing Line Lender.

(c) If the Administrative Agent is an Issuing Lender or is an Affiliate of an
Issuing Lender, then any Administrative Agent Resignation or Administrative Agent
Removal shall also constitute the resignation or removal of such Issuing Lender. In
such event, (i) such Issuing Lender shall no longer be obligated to issue additional
Letters of Credit, (ii) in the case of an Administrative Agent Removal only,
Borrower shall either deliver the originals of all outstanding Letters of Credit
issued by such Issuing Lender to such Issuing Lender or enter into arrangements with
respect to such outstanding Letters of Credit as may be satisfactory to such Issuing
Lender as a condition to the effectiveness of the removal of the Administrative
Agent and (iii) for so long as such Letters of Credit remain outstanding, the
Issuing Lender shall continue to have all of the rights and obligations of an
Issuing Lender hereunder with respect to such Letters of Credit issued by it prior
to its resignation or removal.”

3. Address for Notices.

(a) As of the Effective Date, the address of the “Administrative Agent” for the
purposes of Section 10.2 (Notices) of the Credit Agreement, and for all notice purposes
under all Loan Documents, shall be as follows:

Barclays Bank PLC

200 Park Avenue

New York, NY 10166

Attention: Craig Malloy

Telecopy: (646) 758-4617

Telephone: (212) 526-7150

with a copy to:

Barclays Capital Services LLC

200 Cedar Knolls Road

Whippany, NJ 07981

Attention: May Wong

Facsimile: (973) 576-3014

Telephone: (973) 576-3251

 

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(b) As of the Effective Date, the Borrower hereby agrees that any payment required to
be made to the Successor Agent (whether for its own account or for the account of the
Lenders) under the Credit Agreement shall be made to the address set forth in Section
3(a) hereof.

4. Representations and Warranties.

(a) Lehman hereby represents and warrants on and as of the date hereof and on and as of
the Effective Date that (i) it is legally authorized to enter into and has duly executed and
delivered this Agreement and (ii) the execution and delivery by Lehman of this Agreement and
the performance of its obligations hereunder have been approved by the Order Pursuant to
Sections 105(a), 363(b), and 541(d) of the Bankruptcy Code and Bankruptcy Rule 6004
Authorizing Debtor to (A) Continue to Utilize its Agency Bank Account, (B) Terminate Agency
Relationships and (C) Elevate Loan Participations, dated October 6, 2008 and entered by the
United States Bankruptcy Court for the Southern District of New York, as to which no stay
has been ordered and which has not been reversed, modified, vacated or overturned, and that
no further notice, consent or order is required.

(b) Successor Agent hereby represents and warrants on and as of the date hereof and on
and as of the Effective Date that it is legally authorized to enter into and has duly
executed and delivered this Agreement.

(c) The Borrower hereby represents and warrants on and as of the date hereof and on and
as of the Effective Date that (i) it is legally authorized to enter into and has duly
executed and delivered this Agreement, (ii) no Default or Event of Default has occurred and
is continuing, including, specifically, with respect to Sections 6.10, 6.11 and 6.12 of the
Credit Agreement, (iii) the representations and warranties set forth in Section 4
(Representations and Warranties) of the Credit Agreement and the representations and
warranties in each other Loan Document, including, specifically, Section 4.19 of the Credit
Agreement, are true and correct on and as of (a) the date of this Agreement and (b) the
Effective Date with the same effect as though made on and as of December 14, 2005, except to
the extent such representations and warranties expressly relate to an earlier date, in which
case such representations and warranties were true and correct in all material respects as
of such earlier date; (iv) Schedule 2 contains a complete list of all possessory
Collateral and security filings related to the Collateral delivered to the Existing Agent;
(v) the actions described in Schedule 3 hereto have been performed prior to the date
hereof and (vi) all Liens and security interests created under the Loan Documents for the
benefit of the Secured Parties under the Loan Documents are valid and enforceable Liens on
and/or security interests in the Collateral, as security for the Obligations.

5. Conditions Precedent to Effectiveness. For purposes of this Agreement, the term
“Effective Date” means the first date on which all of the following conditions have been
satisfied:

(a) Each of the parties hereto shall have executed and delivered this Agreement;

(b) The Existing Agent shall have received from the Borrower payment in immediately
available funds of all costs, expenses, accrued and unpaid fees and other amounts payable to
it as the Existing Agent pursuant to the Loan Documents (including fees and
expenses of counsel), set forth on Schedule 1 hereto, in each case to the account
specified on Schedule 1 hereto;

 

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(c) The Successor Agent and the Borrower shall have executed and delivered a fee letter
in relation to the annual agency fee paid to the Administrative Agent by the Borrower;

(d) The Existing Agent shall have confirmed in writing that it has delivered the items
set forth on Schedule 2 hereto to the Successor Agent and the Successor Agent shall
have confirmed in writing that it has received the items set forth on Schedule 2
hereto, except for the membership interest in PNK (Reno), LLC as to which delivery and
confirmation thereof will not occur until after the requisite approval is obtained from the
Nevada Gaming Commission;

(e) The Successor Agent shall have confirmed in writing that the Existing Agent has
completed each of the tasks listed on Schedule 4 hereto; and

(f) Each of the Guarantors shall have executed and delivered the Consent of Guarantors
in the form of Exhibit A attached hereto.

6. Further Assurances.

(a) Without limiting its obligations in any way under any of the Loan Documents, the Borrower
reaffirms and acknowledges its obligations to the Successor Agent to the extent provided in the
Credit Agreement and the other Loan Documents and that the delivery of any agreements, instruments
or any other document and any other actions taken or to be taken to the extent required by and in
accordance with the Credit Agreement and the other Loan Documents shall be to the satisfaction of
Successor Agent notwithstanding whether any of the foregoing was or were previously satisfactory to
the Existing Agent.

(b) Each of the Borrower and the Existing Agent agrees that, following the Effective Date, it
shall furnish, at the Borrower’s expense, additional releases of Collateral, amendment or
termination statements and such other documents, instruments and agreements as are customary and
may be reasonably requested by the Successor Agent from time to time in order to effect the matters
covered hereby.

(c) The Borrower shall reimburse the Existing Agent for all reasonable out-of-pocket costs and
expenses incurred by the Existing Agent in connection with any actions taken pursuant to this
Agreement to the extent provided in the Credit Agreement.

(d) Each of the Borrower and the Existing Agent agrees that (i) it shall use commercially
reasonable efforts to obtain the approvals necessary from the Nevada Gaming Commission for the
transfer of the Pledge Agreement (Gaming Regulated) with respect to the membership interest in PNK
(Reno), LLC and (ii) promptly following the date on which the Nevada Gaming Commission advises the
Borrower that it has approved the transfer of the Pledge Agreement (Gaming Regulated) with respect
to the membership interest in PNK (Reno), LLC, and in any event not later than 45 days after the
Borrower is so advised (or such later date as the Successor Agent may agree in its discretion), it
shall take such actions as are customary and may be reasonably requested by the Successor Agent in
connection with the transfer of the Pledge Agreement (Gaming Regulated)
with respect to the membership interest in PNK (Reno), LLC from the Existing Agent to the
Successor Agent.

 

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(e) The Borrower agrees to provide to the Successor Agent reasonably promptly after the
Effective Date with the liability insurance and property insurance policies of the Borrower and its
Subsidiaries (or with excerpts therefrom) and with customary endorsements naming the Successor
Agent as additional insured and lender loss payee, as the case may be, in each case as may be
reasonably requested by the Successor Agent.

7. Release. Borrower hereby unconditionally and irrevocably waives all claims, suits,
debts, liens, losses, causes of action, demands, rights, damages or costs, or expenses of any kind,
character or nature whatsoever, known or unknown, fixed or contingent, which any of them may have
or claim to have against Lehman (whether in its capacity as an agent, lender, hedging counterparty
or otherwise) or its agents, employees, officers, affiliates, directors, representatives,
attorneys, successors or assigns (collectively, the “Released Parties”) to the extent
arising out of or in connection with the Loan Documents, including without limitation damages
resulting from any prior or future failure to fund the Commitment of Lehman thereunder
(collectively, the “Claims”). Borrower further agrees forever to refrain from commencing,
instituting or prosecuting any lawsuit, action or other proceeding against any Released Parties
with respect to any and all of the foregoing described waived, released, acquitted and discharged
Claims or from exercising any right of recoupment or setoff that it may have under a master netting
agreement or otherwise against any Released Party with respect to Obligations under the Loan
Documents. For the avoidance of doubt, it is acknowledged that the Commitment of Lehman as a
Lender under the Credit Agreement is not, and is not meant to be, terminated hereby. Each of the
Released Parties shall be a third party beneficiary of the release herein provided.

8. Return of Payments.

(a) In the event that, after the Effective Date, the Existing Agent receives any principal,
interest or other amount owing to any Lender or the Successor Agent under the Credit Agreement or
any other Loan Document, the Existing Agent agrees that such payment shall be held in trust for the
Successor Agent, and the Existing Agent shall return such payment promptly to the Successor Agent
for payment to the Person entitled thereto.

(b) In the event that, after the Effective Date, the Successor Agent receives any principal,
interest or other amount owing to Existing Agent under the Credit Agreement or any other Loan
Document, the Successor Agent agrees that such payment shall be held in trust for the Existing
Agent, and the Successor Agent shall return such payment promptly to the Existing Agent.

9. Successors and Assigns. This Agreement shall inure to the benefit of and be
binding upon the successors and permitted assigns of each of the parties hereto.

10. Limitation. Each of the Borrower and the Successor Agent hereby agrees that this
Agreement (i) does not impose on the Existing Agent affirmative obligations or indemnities to which
it was not already subject, as of the date of its petition commencing its proceeding under chapter
11 of the Bankruptcy Code, and that could give rise to any administrative expense claims other than
claims arising as a result of (x) the failure by Lehman to perform any of its obligations hereunder
or (y) any representation or warranty of Lehman set forth herein not being true and correct on and
as of the date hereof and on and as of the Effective Date and (ii) is not inconsistent with the
terms of the Credit Agreement.

11. Counterparts. This Agreement may be executed in one or more counterparts, each of
which shall be deemed to be an original, but all of which taken together shall be one and the same
instrument.

 

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12. Headings. The paragraph headings used in this Agreement are for convenience only
and shall not affect the interpretation of any of the provisions hereof.

13. Interpretation. This Agreement is a Loan Document for the purposes of the Credit
Agreement.

14. Confidentiality. Schedule 1 to this Agreement is exclusively for the
information of the parties hereto and the information therein may not be disclosed by any of the
parties hereto or by any Guarantor to any third party or circulated or referred to publicly without
the prior written consent of Lehman, which consent shall not be unreasonably withheld, delayed or
conditioned, except that this Agreement, including such Schedules, may be disclosed, if required,
in any legal, judicial or administrative proceeding or as otherwise required by law or regulation
or as requested by a governmental or regulatory authority.

15. Fee Letter. As of the Effective Date, that certain administrative fee letter
dated as of December 14, 2005 between Borrower and the Existing Agent shall be of no further force
or effect.

16. APPLICABLE LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND BE CONSTRUED AND
INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

[Signature page follows]

 

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

	 	 	 	 	 
	 	LEHMAN COMMERCIAL PAPER, INC.,

as Existing Agent

 	 
	 	By:  	/s/ Roopali Hall
 	 
	 	 	Name:  	Roopali Hall 	 
	 	 	Title:  	Authorized Signatory 	 

AMENDMENT, RESIGNATION, WAIVER, CONSENT

AND APPOINTMENT AGREEMENT

 

 

 

	 	 	 	 	 
	 	BARCLAYS BANK PLC,

as Successor Agent

 	 
	 	By:  	/s/ Craig Malloy
 	 
	 	 	Name:  	Craig Malloy 	 
	 	 	Title:  	Vice President 	 

AMENDMENT, RESIGNATION, WAIVER, CONSENT

AND APPOINTMENT AGREEMENT

 

 

 

	 	 	 	 	 
	 	PINNACLE ENTERTAINMENT, INC.,

as Borrower

 	 
	 	By:  	/s/ Stephen H. Capp
 	 
	 	 	Name:  	Stephen H. Capp 	 
	 	 	Title:  	Executive Vice President and 

Chief Financial Officer 	 

AMENDMENT, RESIGNATION, WAIVER, CONSENT

AND APPOINTMENT AGREEMENT

 

 

 

Schedule 1

Expenses

Payment in full of the following amounts (in the aggregate, the “Expenses”):

	 	 	 	 	 
	 	 	Amount	 
	 
	Costs and Expenses Payable by Borrower (the “Costs and Expenses”):
	 	 	 	 
	 
	Legal Fees of Weil, Gotshal & Manges LLP
	 	$	26,760.80	 

Wire Transfer Information for the Payoff Amount:

	 	 	 
	Credit Bank:

	 	 JP Morgan Chase Bank
	ABA#

	 	 #021000021
	For Credit To:

	 	 Weil, Gotshal & Manges LLP
	Account No.

	 	 #0158-37-430
	For Further Credit To:
	 	 
	Account No.
	 	 
	Att:
	 	 
	Ref:

	 	 73683.4016

 

 

 

Schedule 2

Stock Certificates and Stock Powers

1. Stock Certificate No. 2 and Stock Power of President Riverboat Casino-Missouri, Inc.,
issued to Pinnacle Entertainment, Inc., in the amount of 1,000 shares.

2. Membership Certificate No. 1 and Stock Power of Belterra Resort Indiana, LLC, issued to
Pinnacle Entertainment, Inc., representing 100% ownership interest.

3. Stock Certificate No. 3 and Stock Power of Biloxi Casino Corp., issued to Casino Magic
Corp., in the amount of 1,250 shares.

4. Membership Certificate No. 1 and Stock Power of Boomtown, LLC, issued to Pinnacle
Entertainment, Inc., representing 100% ownership interest.

5. Stock Certificate No. 1 and Stock Power of HP/Compton, Inc., issued to Hollywood Park,
Inc. in the amount of 1,000 shares.

6. Stock Certificate No. 24 and Stock Power of Casino One Corporation, issued to Casino Magic
Corp., in the amount of 100 shares.

7. Stock Certificate No. 5 and Stock Power of PNK (Bossier City), Inc., issued to Casino
Magic Corp., in the amount of 100 shares.

8. Membership Certificate No. 1 and Stock Power of PNK (Reno), LLC, issued to Pinnacle
Entertainment, Inc., representing 100% ownership interest.

9. Stock Certificate No. 1 and Stock Power of St. Louis Casino Corp., issued to Casino Magic
Corp., in the amount of 1,000 shares.

10. Stock Certificate No. 1 and Stock Power of Casino Magic Management Services Corp., issued
to Casino Magic Corp., in the amount of 1,000 shares.

11. Stock Certificate No. 1 and Stock Power of Realty Investment Group, Inc., issued to
Hollywood Park, Inc. (predecessor in interest to Pinnacle Entertainment, Inc.), in the amount of
1,000 shares.

12. Stock Certificate No. 1 and Stock Power of PNK Development 1, Inc., issued to Pinnacle
Entertainment, Inc., in the amount of 1,000 shares.

13. Stock Certificate No. 1 and Stock Power of PNK Development 2, Inc., issued to Pinnacle
Entertainment, Inc., in the amount of 1,000 shares.

14. Stock Certificate No. 1 and Stock Power of PNK Development 3, Inc., issued to Pinnacle
Entertainment, Inc., in the amount of 1,000 shares.

15. Stock Certificate No. 1 and Stock Power of PNK Development 4, Inc., issued to Pinnacle
Entertainment, Inc., in the amount of 1,000 shares.

 

 

 

16. Stock Certificate No. 1 and Stock Power of PNK Development 5, Inc., issued to Pinnacle
Entertainment, Inc., in the amount of 1,000 shares.

17. Stock Certificate No. 1 and Stock Power of PNK Development 6, Inc., issued to Pinnacle
Entertainment, Inc., in the amount of 1,000 shares.

18. Stock Certificate No. 2 of Casino Magic Corp., issued to Pinnacle Entertainment, Inc., in
the amount of 35,000,000 shares.

Security Filings Related to the Collateral

Trademark Collateral Assignment

	 	1.	 	Second Amended and Restated Trademark Collateral Assignment, by Pinnacle
Entertainment, Inc. and Grantors in favor of Lehman Commercial Paper Inc., as
Administrative Agent, dated December 14, 2005 and recorded December 16, 2005 with the
United States Patent and Trademark Office at Reel No. 003212, Frame 1

Security Agreement

	 	2.	 	Second Amended and Restated Security Agreement, by Pinnacle Entertainment, Inc.
and Grantors in favor of Lehman Commercial Paper Inc., dated as of December 14, 2005,
as filed with the Federal Aviation Civil Aircraft Registry on June 26, 2009

	 	3.	 	Supplement to Second Amended and Restated Security Agreement, by and between
Pinnacle Entertainment, Inc., Grantors and Lehman Commercial Paper Inc., dated December
17, 2008, as filed with the Federal Aviation Civil Aircraft Registry on June 26, 2009.

Deeds of Trust and Mortgages

Belterra

	 	4.	 	Mortgage with Assignment of Rents, Security Agreement and Fixture Filing, by
Belterra Resort Indiana, LLC in favor of Lehman Commercial Paper Inc., as
Administrative Agent, dated as of December 17, 2003, recorded January 8, 2004 in
Mortgage Record 166, Page 72 as Instrument No. 17931 in the Official Records of
Switzerland County, Indiana

	 	5.	 	First Amendment to Mortgage with Assignment of Rents, Security Agreement and
Fixture Filing, dated as of August 26, 2004, recorded September 13, 2004 in Mortgage
Record 173, Page 105 in the Official Records of Switzerland County, Indiana

	 	6.	 	Amended and Restated Mortgage with Assignment of Rents, Security Agreement and
Fixture Filing, by Belterra Resort Indiana, LLC in favor of Lehman Commercial Paper
Inc., as Administrative Agent, dated as of December 14, 2005, recorded December 28,
2005 in Mortgage Record 185, Page 15 as Instrument No. 23339 in the Official Records of
Switzerland County, Indiana

	 	7.	 	First Amendment to Amended and Restated Mortgage with Assignment of Rents,
Security Agreement and Fixture Filing, dated as of November 17, 2006, recorded
November 22, 2006 in Mortgage Record 192, Page 61 as Instrument No. 25683 in the
Official Records of Switzerland County, Indiana

 

 

 

8500 Alabama

	 	8.	 	Deed of Trust with Assignment of Rents, Security Agreement and Fixture Filing,
by Pinnacle Entertainment, Inc. in favor of Lehman Commercial Paper Inc., as
Administrative Agent, dated as of December 14, 2005 and recorded December 30, 2005 in
Book B-16994 at Pages 1314/1348, the Official Records of the County of St. Louis,
Missouri, a duplicate of which recorded February 9, 2006 as Document No. 2006020900403
in the Official Records of the County of St. Louis, Missouri; and recorded March 27,
2006 in Book 03272006, Page 259 in the Official Records of the City of St. Louis,
Missouri.

	 	9.	 	First Amendment to Deed of Trust with Assignment of Rents, Security Agreement
and Fixture Filing, dated as of November 17, 2006, recorded November 17, 2006 in Book
11172006, Page 343 in the Official Records of the City of St. Louis, Missouri, and
recorded November 20, 2006 in Book 17367, Page 4582 in the Official Records of the
County of St. Louis, Missouri

Embassy Suites, 901 and 925 N. First St.

	 	10.	 	Deed of Trust with Assignment of Rents, Security Agreement and Fixture Filing,
by PNK (ES), LLC in favor of Lehman Commercial Paper Inc., as Administrative Agent,
dated as of March 21, 2005, recorded April 5, 2005 in Book 04052005, Page 0391 in the
Official Records of the City of St. Louis, Missouri (925 N. First Street)

	 	11.	 	Deed of Trust with Assignment of Rents, Security Agreement and Fixture Filing,
by PNK (ES), LLC in favor of Lehman Commercial Paper Inc., as Administrative Agent,
dated as of September 1, 2005, recorded September 2, 2005 in Book 09022005, Page 0346
in the Official Records of the City of St. Louis, Missouri (901 N. First Street)

	 	12.	 	Amended and Restated Deed of Trust with Assignment of Rents, Security Agreement
and Fixture Filing, dated as of December 14, 2005, by PNK (ES), LLC in favor of Lehman
Commercial Paper Inc., as Administrative Agent, recorded December 27, 2005 in Book
12272005, Page 0137 in the Official Records of the City of St. Louis, Missouri (901 and
925 N. First Street)

	 	13.	 	First Amendment to Amended and Restated Deed of Trust with Assignment of Leases
and Rents, Security Agreement and Fixture Filing, dated as of November 17, 2006,
recorded November 17, 2006 in Book 11172006, Page 342 in the Official Records of the
City of St. Louis, Missouri

19 parcels from LCRA

	 	14.	 	Deed of Trust with Assignment of Rents, Security Agreement and Fixture Filing,
by PNK (ST. LOUIS RE), LLC in favor of Lehman Commercial Paper Inc., as Administrative
Agent, dated as of August 31, 2005, recorded September 9, 2005 in Book 09092005, Page
0250 in the Official Records of the City of St. Louis, Missouri

 

 

 

	 	15.	 	Amended and Restated Deed of Trust with Assignment of Rents, Security Agreement
and Fixture Filing, by PNK (ST. LOUIS RE), LLC in favor of Lehman Commercial Paper
Inc., as Administrative Agent, dated as of December 14, 2005, recorded December 21,
2005 in Book 12212005, Page 39 in the Official Records of the City of St. Louis,
Missouri

	 	16.	 	First Amendment to Amended and Restated Deed of Trust with Assignment of Rents,
Security Agreement and Fixture Filing, dated as of November 17, 2006, recorded November
17, 2006 in Book 11172006, Page 341 in the Official Records of the City of St. Louis,
Missouri

St. Louis City Project

	 	17.	 	Deed of Trust with Assignment of Rents, Security Agreement and Fixture Filing,
by Casino One Corporation in favor of Lehman Commercial Paper Inc., as Administrative
Agent, dated as of November 17, 2006, recorded November 17, 2006 in Book 11172006, Page
338 in the Official Records of the City of St. Louis, Missouri

St. Louis County Project

	 	18.	 	Deed of Trust with Assignment of Rents, Security Agreement and Fixture Filing,
by Pinnacle Entertainment, Inc. in favor of Lehman Commercial Paper Inc., as
Administrative Agent, dated as of November 17, 2006, recorded November 21, 2006 as
Document No. 806 in Book 17369, Page 231 of the Official Records of the County of St.
Louis, Missouri

Cherrick’s Subdivision

	 	19.	 	Deed of Trust with Assignment of Rents, Security Agreement and Fixture Filing,
by Pinnacle Entertainment, Inc. in favor of Lehman Commercial Paper Inc., as
Administrative Agent, dated as of October 5, 2007, recorded November 14, 2007 in Book
11142007, Page 0439 of the Official Records of the City of St. Louis, Missouri

Mooring Points

	 	20.	 	Deed of Trust with Assignment of Rents, Security Agreement and Fixture Filing,
dated as of April 14, 2008 by President Riverboat Casino-Missouri, Inc. in favor of
Lehman Commercial Paper Inc., as Administrative Agent, recorded June 6, 2008 in Book
06062008, Page 152 in the Official Records of the City of St. Louis, Missouri

Bossier City

	 	21.	 	Mortgage, Assignment of Leases and Rents, Security Agreement and Collateral
Assignment of Proceeds, by PNK (Bossier City), Inc. in favor of Lehman Commercial Paper
Inc., as Administrative Agent, dated as of December 17, 2003, recorded December 19,
2003 as Instrument No. 793972 in the Official Records of Bossier Parish, Louisiana, and
recorded December 19, 2003 as Instrument No. 1895055 in the Official Records of Caddo
Parish, Louisiana

	 	22.	 	First Amendment to Mortgage, Assignment of Leases and Rents, Security Agreement
and Collateral Assignment of Proceeds, dated as of August 27, 2004, recorded September
9, 2004 as Instrument No. 814920 in the Official Records of Bossier Parish, Louisiana,
and recorded September 8, 2004 as Instrument No. 1937269 in the Official Records of
Caddo Parish, Louisiana

 

 

 

	 	23.	 	Amended and Restated Mortgage, Assignment of Leases and Rents, Security
Agreement and Collateral Assignment of Proceeds, by PNK (Bossier City), Inc. in favor
of Lehman Commercial Paper Inc., as Administrative Agent, dated as of December 14,
2005, recorded December 21, 2005 as Instrument No. 853434 in the Official Records of
Bossier Parish, Louisiana, and recorded December 20, 2005 as Instrument No. 2012868 in
the Official Records of Caddo Parish, Louisiana

	 	24.	 	First Amendment to Amended and Restated Mortgage, Assignment of Leases and
Rents, Security Agreement and Collateral Assignment of Proceeds, dated as of November
17, 2006, recorded November 20, 2006 as Instrument No. 882590 in the Official Records
of Bossier Parish, Louisiana, and recorded November 20, 2006 as Instrument No. 2067880
in the Official Records of Caddo Parish, Louisiana

	 	25.	 	Partial Release of Mortgage dated as of May 12, 2008, recorded June 19, 2008 as
Instrument No. 931954 in the Official Records of Bossier Parish, Louisiana, and
recorded June 19, 2008 as Instrument No. 2162498 in the Official Records of Caddo
Parish, Louisiana

Harvey Canal, New Orleans

	 	26.	 	Mortgage, Assignment of Leases and Rents, Security Agreement and Collateral
Assignment of Proceeds, by Louisiana-I Gaming in favor of Lehman Commercial Paper, as
Administrative Agent, dated as of December 17, 2003, recorded December 19, 2003 as
Instrument No. 10387234 in MOB 4165 Page 646 in the Official Records of Jefferson
Parish, Louisiana

	 	27.	 	First Amendment to Mortgage, Assignment of Leases and Rents, Security Agreement
and Collateral Assignment of Proceeds, dated as of August 26, 2004, recorded September
7, 2004 as Instrument No. 10454574 in the Official Records of Jefferson Parish,
Louisiana

	 	28.	 	Amended and Restated Mortgage, Assignment of Leases and Rents, Security
Agreement and Collateral Assignment of Proceeds, by Louisiana-I Gaming in favor of
Lehman Commercial Paper Inc., dated as of December 14, 2005, recorded December 20, 2005
as Instrument No. 10561599 in MOB 4260 Page 710 in the Official Records of Jefferson
Parish, Louisiana

	 	29.	 	First Amendment to Amended and Restated Mortgage, Assignment of Leases and
Rents, Security Agreement and Collateral Assignment of Proceeds, dated as of November
17, 2006, recorded November 20, 2006 as Instrument No. 10665720 in the Official Records
of Jefferson Parish, Louisiana

Burgoyne Residence

	 	30.	 	Mortgage, Assignment of Leases and Rents, Security Agreement and Collateral
Assignment of Proceeds, by PNK (Lake Charles), L.L.C. in favor of Lehman Commercial
Paper, Inc., as Administrative Agent, dated as of December 14, 2005,
recorded January 20, 2006 as File No. 2746035 in the Official Records of Calcasieu
Parish, Louisiana

 

 

 

	 	31.	 	First Amendment to Mortgage, Assignment of Leases and Rents, Security Agreement
and Collateral Assignment of Proceeds, dated as of November 17, 2006, recorded November
17, 2006 as File No. 2783663 in MOB 3254, Page 667 in the Official Records of Calcasieu
Parish, Louisiana

Harrah’s

	 	32.	 	Mortgage, Assignment of Leases and Rents, Security Agreement and Collateral
Assignment of Proceeds, by PNK (SCB), L.L.C. in favor of Lehman Commercial Paper Inc.,
as Administrative Agent, dated as of February 15, 2007, recorded May 2, 2007 as File
No. 2809089 in the Official Records of Calcasieu Parish, Louisiana

	 	33.	 	Act of Correction and Release dated as of January 25, 2008, recorded on
February 8, 2008 as File No. 2857070 in MOB 3497, Page 154 in the Official Records of
Calcasieu Parish, Louisiana

Sugarcane Bay

	 	34.	 	Mortgage, Assignment of Leases and Rents, Security Agreement and Collateral of
Assignment of Proceeds by PNK (Lake Charles), L.L.C. in favor of Lehman Commercial
Paper Inc., as Administrative Agent, dated as of April 18, 2008, recorded June 10, 2008
as File No. 2877493 BK 3558, Page 689 in the Official Records of Calcasieu Parish,
Louisiana

Lake Charles

	 	35.	 	Mortgage, Assignment of Leases and Rents, Security Agreement and Collateral
Assignment of Proceeds, by PNK (Lake Charles), L.L.C. in favor of Lehman Commercial
Paper, as Administrative Agent, dated as of December 17, 2003, recorded December 30,
2003 as File No. 2655736 BK 2772, Page 102 in the Official Records of Calcasieu Parish,
Louisiana

	 	36.	 	First Amendment to Mortgage Assignment of Leases and Rents, Security Agreement
and Collateral Assignment of Proceeds, dated as of August 26, 2004, recorded September
7, 2004 as File No. 2687138 BK 2893, Page 55 in the Official Records of Calcasieu
Parish, Louisiana

	 	37.	 	Amended and Restated Mortgage, Assignment of Leases and Rents, Security
Agreement and Collateral Assignment of Proceeds, by PNK (Lake Charles), L.L.C. in favor
of Lehman Commercial Paper Inc., as Administrative Agent, dated as of December 14,
2005, recorded December 21, 2005 as File No. 2742475 BK 3102, Page 112 in the Official
Records of Calcasieu Parish, Louisiana

	 	38.	 	First Amendment to Amended and Restated Mortgage, Assignment of Leases and
Rents, Security Agreement and Collateral Assignment of Proceeds, dated as of November
17, 2006, recorded November 17, 2006 as File No. 2783656 BK 3254, Page 648 in the
Official Records of Calcasieu Parish, Louisiana

 

 

 

	 	39.	 	Partial Release of Mortgage dated as of January 22, 2009, recorded June 4, 2009
as File No. 2922177 in the Official Records of Calcasieu Parish, Louisiana

Country Club Road

	 	40.	 	Mortgage, Assignment of Leases and Rents, Security Agreement and Collateral
Assignment of Proceeds, by PNK (Lake Charles), L.L.C. in favor of Lehman Commercial
Paper Inc., as Administrative Agent, dated as of September 16, 2008, recorded October
3, 2008 as File No. 2894072 BK 3609, Page 785 in the Official Records of Calcasieu
Parish, Louisiana

Yankton

	 	41.	 	Mortgage, Assignment of Leases and Rents, Security Agreement and Collateral
Assignment of Proceeds, by Yankton Investments, LLC in favor of Lehman Commercial Paper
Inc., as Administrative Agent dated as of December 27, 2006, recorded July 10, 2007 as
Original 487, Bundle 11972 in the Official Records of East Baton Rouge Parish,
Louisiana

Chatsworth, Baton Rouge

	 	42.	 	Mortgage, Assignment of Leases and Rents, Security Agreement and Collateral
Assignment of Proceeds by PNK (Baton Rouge) Partnership in favor of Lehman Commercial
Paper Inc., as Administrative Agent, dated as of April 18, 2008, recorded June 4, 2008
as Original 713, Bundle 12061 in the Official Records of East Baton Rouge Parish,
Louisiana

Reno, Nevada

	 	43.	 	Deed of Trust, Security Agreement, Fixture Filing and Assignment of Rents, by
PNK (Reno), LLC in favor of Lehman Commercial Paper Inc., as Administrative Agent,
dated as of December 17, 2003, recorded December 18, 2003 as Document No. 2970540 in
the Official Records of Washoe County, Nevada

	 	44.	 	First Amendment to Deed of Trust, Security Agreement, Fixture Filing and
Assignment of Rents, dated as of August 27, 2004, recorded September 2, 2004 as
Document No. 3092956 in the Official Records of Washoe County, Nevada

	 	45.	 	Amended and Restated Deed of Trust with Assignment of Rents, Security Agreement
and Fixture Filing, dated as of December 14, 2005, by PNK (Reno), LLC in favor of
Lehman Commercial Paper Inc., as Administrative Agent, recorded December 19, 2005 as
Document No. 3325426 in the Official Records of Washoe County, Nevada

	 	46.	 	First Amendment to Amended and Restated Deed of Trust with Assignment of Rents,
Security Agreement and Fixture Filing, dated as of November 17, 2006, recorded November
27, 2006 as Document No. 3466860 in the Official Records of Washoe County, Nevada

	 	47.	 	Substitution of Trustee and Partial Reconveyance dated as of June 27, 2006,
recorded July 7, 2006 as Document No. 3410820 in the Official Records of Washoe County,
Nevada

 

 

 

	 	48.	 	Partial Reconveyance dated as of October 17, 2007, recorded November 21, 2007
as Document No. 3596480 in the Official Records of Washoe County, Nevada

Colorado

	 	49.	 	Deed of Trust with Assignment of Rents, Security Agreement and Fixture Filing,
by Pinnacle Entertainment, Inc. in favor of Lehman Commercial Paper Inc., as
Administrative Agent, dated as of August 24, 2006, recorded August 24, 2006 as
Instrument No. 130797 in the Official Records of Gilpin County, Colorado

	 	50.	 	First Amendment to Deed of Trust, Assignment of Rents, Security Agreement and
Fixture Filing, dated as of November 17, 2006, recorded November 21, 2006 as Instrument
No. 131671 in the Official Records of Gilpin County, Colorado

Preferred Ship Mortgages

Boomtown Belle II

	 	51.	 	Preferred Ship Mortgage, by Louisiana-I Gaming in favor of Lehman Commercial
Paper Inc., as Administrative Agent, dated as of December 17, 2003, recorded December
18, 2003 as Document No. 87, Batch BK 04-49 in the Official Records of the National
Vessel Documentation Center

	 	52.	 	Amendment to Preferred Ship Mortgage, dated as of August 27, 2004, recorded
September 1, 2004 as Document No. 2615121, Batch 283759 in the Official Records of the
National Vessel Documentation Center

	 	53.	 	Amended and Restated Preferred Ship Mortgage, by Louisiana-I Gaming in favor of
Lehman Commercial Paper Inc., as Administrative Agent, dated as of December 14, 2005,
recorded January 10, 2006 as Document No. 4755189, Batch 445312 in the Official Records
of the National Vessel Documentation Center

	 	54.	 	Supplement to Preferred Ship Mortgage, dated as of February 16, 2006, received
March 14, 2006 as Document No. 5087012, Batch 469265

	 	55.	 	First Amendment to Amended and Restated Preferred Ship Mortgage, dated as of
November 17, 2006, recorded November 17, 2006 as Document No. 6345197, Batch 554870 in
the Official Records of the National Vessel Documentation Center

Mary’s Prize

	 	56.	 	Preferred Ship Mortgage, by PNK (Bossier City), Inc. in favor of Lehman
Commercial Paper Inc., as Administrative Agent, dated as of December 17, 2003, recorded
December 18, 2003 as Document No. 86, Batch BK 04-49 in the Official Records of the
National Vessel Documentation Center

	 	57.	 	Amendment to Preferred Ship Mortgage, dated as of August 27, 2004, recorded
September 1, 2004 as Document No. 2615119, Batch 283759 in the Official Records of the
National Vessel Documentation Center

 

 

 

	 	58.	 	Amended and Restated Preferred Ship Mortgage, by PNK (Bossier City), Inc. in
favor of Lehman Commercial Paper Inc., as Administrative Agent, dated as of December
14, 2005, recorded January 10, 2006 as Document No. 4755187, Batch 445312 in the
Official Records of the National Vessel Documentation Center

	 	59.	 	Supplement to Preferred Ship Mortgage, dated as of February 16, 2006, received
March 14, 2006 as Document No. 5087013, Batch 469265

	 	60.	 	First Amendment to Amended and Restated Preferred Ship Mortgage, dated as of
November 17, 2006, recorded November 17, 2006 as Document No. 6345200, Batch 554870 in
the Official Records of the National Vessel Documentation Center

Miss Belterra

	 	61.	 	Preferred Ship Mortgage, by Belterra Resort Indiana, LLC in favor of Lehman
Commercial Paper Inc., as Administrative Agent, dated as of December 17, 2003, recorded
December 18, 2003 as Document No. 88, Batch BK 04-49 in the Official Records of the
National Vessel Documentation Center

	 	62.	 	Amendment to Preferred Ship Mortgage, dated as of August 27, 2004, recorded
September 1, 2004 as Document No. 2615120, Batch 283759 in the Official Records of the
National Vessel Documentation Center

	 	63.	 	Amended and Restated Preferred Ship Mortgage, by Belterra Resort Indiana, LLC
in favor of Lehman Commercial Paper Inc., as Administrative Agent, dated as of December
14, 2005, recorded January 10, 2006 as Document No. 4755190, Batch 445312 in the
Official Records of the National Vessel Documentation Center

	 	64.	 	Supplement to Preferred Ship Mortgage, dated as of February 16, 2006, received
March 14, 2006 as Document No. 5087014, Batch 469265

	 	65.	 	First Amendment to Amended and Restated Preferred Ship Mortgage, dated as of
November 17, 2006, recorded November 17, 2006 as Document No. 6345203, Batch 554870 in
the Official Records of the National Vessel Documentation Center

L’Auberge Du Lac

	 	66.	 	Preferred Ship Mortgage, by PNK (Lake Charles), L.L.C. in favor of Lehman
Commercial Paper Inc., as Administrative Agent, dated as of September 23, 2005,
recorded October 6, 2005 as Document No. 4353267, Batch 416176 in the Official Records
of the National Vessel Documentation Center

	 	67.	 	Amended and Restated Preferred Ship Mortgage, by PNK (Lake Charles), L.L.C. in
favor of Lehman Commercial Paper Inc., as Administrative Agent, dated as of December
14, 2005, recorded January 10, 2006 as Document No. 4755188, Batch 445312 in the
Official Records of the National Vessel Documentation Center

	 	68.	 	Supplement to Preferred Ship Mortgage, dated as of February 16, 2006, received
March 14, 2006 as Document No. 5087011, Batch 469265

 

 

 

	 	69.	 	First Amendment to Amended and Restated Preferred Ship Mortgage, dated as of
November 17, 2006, recorded November 17, 2006 as Document No. 6345194, Batch 554870 in
the Official Records of the National Vessel Documentation Center

UCC Financing Statements

	 	70.	 	File No. 2004027236-0, filed on September 2, 2004; Amendment File No.
2009017492-0, filed on July 15, 2009 (Belterra Resort Indiana, LLC)

	 	71.	 	File No. 2004027238-4, filed on September 2, 2004; Amendment File No.
2009017491-8, filed on July 15, 2009 (Belterra Resort Indiana, LLC)

	 	72.	 	File No. 2005040468-0, filed on December 27, 2005 (Belterra Resort Indiana,
LLC)

	 	73.	 	File No. 20050259208E, filed on December 16, 2005 (BILOXI CASINO CORP.)
	 
	 	74.	 	File No. 53920932, filed on December 16, 2005 (BOOMTOWN, LLC)
	 
	 	75.	 	File No. 20051890765, filed on November 28, 2005 (CASINO MAGIC CORP.)
	 
	 	76.	 	File No. 200519172297, filed on December 16, 2005 (CASINO MAGIC CORP.)
	 
	 	77.	 	File No. 20060005202J, filed on January, 4, 2006 (CASINO ONE CORPORATION)
	 
	 	78.	 	File No. 26289971, filed on December 20, 2005 (LOUISIANA-I GAMING)
	 
	 	79.	 	File No. 26290010, filed on December 23, 2005; Amendment File No. 26290079,
filed on January 5, 2006 (LOUISIANA-I GAMING)
	 
	 	80.	 	File No. 200500011189360, filed on December 16, 2005 (OGLE HAUS, LLC)
	 
	 	81.	 	File No. 42473637, filed on September 1, 2004; Amendment File No. 2009 2277959,
filed on July 15, 2009 (PINNACLE ENTERTAINMENT, INC.)
	 
	 	82.	 	File No. 42473645, filed on September 1, 2004; Amendment File No. 2009 2277975,
filed on July 15, 2009 (PINNACLE ENTERTAINMENT, INC.)
	 
	 	83.	 	File No. 42667394, filed on September 22, 2004; Amendment File No. 2009
2277967, filed on July 15, 2009 (PINNACLE ENTERTAINMENT, INC.)
	 
	 	84.	 	File No. 53920957, filed on December 16, 2005; Amendment No. 62360121, filed on
July 10, 2006 (PINNACLE ENTERTAINMENT, INC.)
	 
	 	85.	 	File No. 10-41747, filed on March 15, 2007 (PNK (BATON ROUGE) PARTNERSHIP)
	 
	 	86.	 	File No. 08-395004, filed on December 21, 2005 (PNK (BOSSIER CITY), INC.)
	 
	 	87.	 	File No. 08-395049, filed on December 27, 2005 (PNK (BOSSIER CITY), INC.)
	 
	 	88.	 	File No. 09-1052309, filed on December 20, 2005 (PNK (BOSSIER CITY), INC.)
	 
	 	89.	 	File No. 09-1052462, filed on December 28, 2005 (PNK (BOSSIER CITY), INC.)

 

 

 

	 	90.	 	File No. 10-34896, filed on December 19, 2005; Amendment No. 10-35139, filed on
January 5, 2006 (PNK (BOSSIER CITY), INC.)

	 	91.	 	File No. 53920817, filed on December 16, 2005 (PNK (CHILE 1), LLC)
	 
	 	92.	 	File No. 53920874, filed on December 16, 2005 (PNK (CHILE 2), LLC)
	 
	 	93.	 	File No. 50959446, filed on March 29, 2005 (PNK (ES), LLC)
	 
	 	94.	 	File No. 52487578, filed on August 10, 2005 (PNK (ES), LLC)
	 
	 	95.	 	File No. 53920916, filed on December 16, 2005 (PNK (ES), LLC)

	 	96.	 	File No. 10-34896, filed on December 19, 2005; Amendment No. 10-35139, filed on
January 5, 2006 (PNK (LAKE CHARLES), L.L.C.)

	 	97.	 	File No. 10-34966, filed on December 21, 2005 (PNK (LAKE CHARLES), L.L.C.)
	 
	 	98.	 	File No. 53611531, filed on November 21, 2005 (PNK (ST. LOUIS RE), LLC)
	 
	 	99.	 	File No. 53611556, filed on November 21, 2005 (PNK (ST. LOUIS RE), LLC)
	 
	 	100.	 	File No. 53920841, filed on December 16, 2005 (PNK (ST. LOUIS RE), LLC)

	 	101.	 	File No. 53611564, filed on November 21, 2005; Amendment No. 91231478, filed on
April 17, 2009 (PNK (STLH), LLC (formerly known as PNK (ST. LOUIS 4S), LLC)

	 	102.	 	File No. 53611572, filed on November 21, 2005; Amendment No. 91231379, filed on
April 17, 2009 (PNK (STLH), LLC (formerly known as PNK (ST. LOUIS 4S), LLC)

	 	103.	 	File No. 53920866, filed on December 16, 2005; Amendment No. 91232211, filed on
April 17, 2009 (PNK (STLH), LLC (formerly known as PNK (ST. LOUIS 4S), LLC)

	 	104.	 	File No. 2004027240-9, filed on September 2, 2004; Amendment No. 2009017493-2,
filed on July 15, 2009 (PNK (RENO), LLC)

	 	105.	 	File No. 2005039756-8, filed on December 16, 2005 (PNK (RENO), LLC)
	 
	 	106.	 	File No. 10-41746, filed on March 15, 2007 (PNK (SCB), L.L.C.)
	 
	 	107.	 	File No. 20070972140, filed on March 14, 2007 (PNK Development 7, LLC)
	 
	 	108.	 	File No. 20070972116, filed on March 14, 2007 (PNK Development 8, LLC)
	 
	 	109.	 	File No. 20070972124, filed on March 14, 2007 (PNK Development 9, LLC)

	 	110.	 	File No. 20070104652J, filed on September 13, 2007 (PRESIDENT RIVERBOAT
CASINO-MISSOURI, INC.)

	 	111.	 	File No. 20050125540F, filed on December 16, 2005 (ST. LOUIS CASINO CORP.)

 

 

 

	 	112.	 	File No. 2006038028-6, filed on November 15, 2006 (YANKTON INVESTMENTS, LLC)

Other

	 	113.	 	Collateral Assignment of Redevelopment Agreement by and among Pinnacle
Entertainment, Inc., Lehman Commercial Paper Inc. and Land Clearance Redevelopment
Authority of the City of St. Louis, dated as of August 27, 2004, recorded November 10,
2004 in Book 11102004, Page 0083 of the Official Records of the City of St. Louis,
Missouri

	 	114.	 	Collateral Assignment of Cooperative Endeavor Development Agreement by and
among PNK (Lake Charles), L.L.C., Lehman Commercial Paper Inc., the Lake Charles Harbor
& Terminal District, the Calcasieu Parish Police Jury, and the City of Lake Charles,
Louisiana, dated as of August 27, 2004, recorded September 7, 2004 as File Number
2687137 BK 2893, Page 1 in the Official Records of Calcasieu Parish, Louisiana

	 	115.	 	Water Permits and Rights secured by Lien in favor of Lehman Commercial Paper
Inc. as on file with the Nevada State Engineer’s Office

 

 

 

Schedule 3

1. Each of the Borrower, BILOXI CASINO CORP., CASINO MAGIC CORP., CASINO ONE CORPORATION, PNK
(BOSSIER CITY), INC., ST. LOUIS CASINO CORP., BELTERRA RESORT INDIANA, LLC, BOOMTOWN, LLC, OGLE
HAUS, LLC, PNK (LAKE CHARLES), L.L.C., PNK (RENO), LLC, LOUISIANA-I GAMING, PNK (ES), LLC, PNK (ST.
LOUIS RE), LLC, PNK (CHILE 1), LLC, PNK (CHILE 2), LLC, YANKTON INVESTMENTS, LLC, PNK (BATON ROUGE)
PARTNERSHIP, PNK Development 7, LLC, PNK Development 8, LLC, PNK Development 9, LLC, PNK (SCB),
L.L.C., PNK (STLH), LLC and President Riverboat Casino-Missouri, Inc. is party to the Security
Agreement.

2. All outstanding equity interests and promissory notes (if any), with appropriate transfer
instruments (where required), owned by or on behalf of each Loan Party have been pledged pursuant
to the Security Agreement or the Pledge Agreements.

3. All Uniform Commercial Code financing statements and other appropriate documents and instruments
required to perfect the Liens created under the Security Documents have been filed, registered,
recorded or delivered.

4. All Mortgages, title insurance policies, appraisals and legal opinions with respect to all
Mortgaged Properties have been filed, registered, recorded or delivered as required pursuant to the
Credit Agreement and the Security Documents, unless otherwise required upon request and such
request was not made.

5. All consents and approvals required to be obtained in connection with the execution and delivery
of all Security Documents, the performance of the obligations, and the granting of the Liens,
thereunder, have been obtained, except for the Nevada Gaming Commission’s approval of the transfer
of the Pledge Agreement (Gaming Regulated) with respect to the membership interest in PNK (Reno),
LLC from the Existing Agent to the Successor Agent.

6. Borrower has provided a list of the Loan Documents and other documents, to be transferred from
the Existing Agent to the Successor Agent, as follows:

Loan Documents

	 	(a)	 	All possessory collateral and security filings set forth on Schedule 2 of this Agreement

	 	(b)	 	Credit Agreement

(i) Second Amended and Restated Credit Agreement among Pinnacle Entertainment,
Inc. (“PEI”), as Borrower, The Several Lenders from Time to Time Parties
Thereto, Lehman Brothers Inc., and Bear, Stearns & Co. Inc., as Joint Advisors,
Joint Lead Arrangers and Joint Book Runners, Wells Fargo Bank, N.A., as Lead
Arranger, Societe Generale, Deutsche Bank Securities Inc. and Wells Fargo Bank,
N.A., as Joint Documentation Agents, Bear Stearns Corporate Lending Inc., as
Syndication Agent and Lehman Commercial Paper Inc. (“LCPI”), as
Administrative Agent dated as of December 14, 2005

(ii) First Amendment to Second Amended and Restated Credit Agreement dated as of
December 22, 2005, between PEI and LCPI

 

 

 

(iii) Second Amendment to Second Amended and Restated Credit Agreement dated as
of October 11, 2006 between PEI and LCPI

(iv) Third Amendment to Second Amended and Restated Credit Agreement dated as
of November 17, 2006 between PEI and LCPI

(v) Fourth Amendment to Second Amended and Restated Credit Agreement dated as
of July 21, 2009 between PEI, LCPI and the lenders party thereto

	 	(c)	 	Subsidiary Guaranties

(i) Second Amended and Restated Subsidiary Guaranty dated as of December 14,
2005 made by Persons signatories thereto as Guarantors in favor of LCPI

(ii) Second Amended and Restated Subsidiary Guaranty Instrument of Joinder by
Yankton Investments, LLC dated as of October 6, 2006

(iii) Second Amended and Restated Subsidiary Guaranty Instrument of Joinder by
PNK Development 7, LLC, PNK Development 8, LLC, PNK Development 9, LLC, PNK
(SCB), L.L.C. and PNK (Baton Rouge) Partnership dated as of January 29, 2007

(iv) Second Amended and Restated Subsidiary Guaranty Instrument of Joinder by
President Riverboat Casino-Missouri, Inc. dated as of March 13, 2007

	 	(d)	 	Security Agreements

(i) Second Amended and Restated Security Agreement Instrument of Joinder by
Yankton Investments, LLC and delivered to Lehman Commercial Paper Inc., dated as
of October 6, 2006

(ii) Second Amended and Restated Security Agreement Instrument of Joinder by
PNK Development 7, LLC, PNK Development 8, LLC, PNK Development 9, LLC, PNK
(SCB), L.L.C. and PNK (Baton Rouge) Partnership and delivered to Lehman
Commercial Paper, Inc., dated as of February 15, 2007

(iii) Second Amended and Restated Security Agreement Instrument of Joinder by
President Riverboat Casino-Missouri, Inc. and delivered to Lehman Commercial
Paper Inc., dated as of March 13, 2007

	 	(e)	 	Pledge Agreements

(i) Amended and Restated Pledge Agreement (General), by Pinnacle Entertainment,
Inc. and Grantors in favor of Lehman Commercial Paper Inc., dated as of December
14, 2005

(ii) Amended and Restated Pledge Agreement (General) Instrument of Joinder by
Yankton Investments, LLC as joining party and delivered to Lehman Commercial
Paper Inc., dated as of October 6, 2006

(iii) Pledge Agreement Side Letter, dated July 28, 2008

 

 

 

(iv) Amended and Restated Pledge Agreement (Gaming Regulated — CMC), by
Pinnacle Entertainment, Inc. in favor of Lehman Commercial Paper Inc., dated as
of December 14, 2005

(v) Amended and Restated Pledge Agreement (Gaming Regulated — Belterra), by
Pinnacle Entertainment, Inc. in favor of Lehman Commercial Paper Inc., dated as
of December 14, 2005

(vi) Amended and Restated Pledge Agreement (Gaming Regulated — Lake Charles),
by Pinnacle Entertainment, Inc. in favor of Lehman Commercial Paper Inc., dated
as of December 14, 2005

(vii) Amended and Restated Pledge Agreement (Gaming Regulated — Louisiana-I
Gaming), by Pinnacle Entertainment, Inc. and Boomtown, LLC in favor of Lehman
Commercial Paper Inc., dated as of December 14, 2005

(viii) Amended and Restated Pledge Agreement (Gaming Regulated — PNK (Bossier
City), Inc.), by Casino Magic Corp. in favor of Lehman Commercial Paper Inc.,
dated as of December 14, 2005

(ix) Amended and Restated Pledge Agreement (Gaming Regulated — Biloxi —
Mississippi), by Casino Magic Corp. in favor of Lehman Commercial Paper Inc.,
dated as of December 14, 2005

(x) Pledge Agreement (Gaming Regulated — PNK (Reno)), by Pinnacle
Entertainment, Inc. in favor of Lehman Commercial Paper Inc., dated as of March
16, 2004

(xi) First Amendment to Pledge Agreement (Gaming Regulated — PNK (Reno)), by
Pinnacle Entertainment, Inc., dated as of August 27, 2004

(xii) Second Amendment to Pledge Agreement (Gaming Regulated — PNK (Reno)), by
Pinnacle Entertainment, Inc. in favor of Lehman Commercial Paper Inc., dated as
of December 14, 2005

(xiii) Pledge Agreement (Gaming Regulated — Louisiana), by Pinnacle
Entertainment, Inc., PNK Development 7, LLC, PNK Development 8, LLC and PNK
Development 9, LLC in favor of Lehman Commercial Paper Inc., dated as of
February 15, 2007

(xiv) Pledge Agreement (Gaming Regulated — Missouri), by Pinnacle
Entertainment, Inc. in favor of Lehman Commercial Paper Inc., dated as of March
13, 2007

(xv) Pledge Agreement (Gaming Regulated — Missouri), by Casino Magic Corp. in
favor of Lehman Commercial Paper Inc., dated as of July 28, 2008

 

 

 

	 	(f)	 	Other Collateral Assignments

(i) Collateral Assignment of Construction Contract by PNK (SCB), L.L.C. in
favor of Lehman Commercial Paper Inc., dated February 21, 2008 (Sugarcane Bay
Project)

(ii) Consent to Collateral Assignment of Construction Contract by Manhattan
Construction Company, dated May 23, 2008 (Sugarcane Bay Project)

(iii) Collateral Assignment of Architect’s Contract by Casino One Corporation
in favor of Lehman Commercial Paper Inc., dated October 16, 2006 (Marnell
Architecture — St. Louis City Project)

(iv) Consent to Collateral Assignment of Architect’s Contract by Marnell
Architecture, dated October 16, 2006

(v) Collateral Assignment of Architect’s Contract by Casino One Corporation in
favor of Lehman Commercial Paper Inc., dated October 16, 2006 (Hellmuth, Obata &
Kassabaum, Inc. — St. Louis City Project)

(vi) Consent to Collateral Assignment of Architect’s Contract by Hellmuth,
Obata & Kassabaum, Inc., dated October 5, 2006

(vii) Collateral Assignment of Construction Contract by Casino One Corporation
in favor of Lehman Commercial Paper Inc., dated January 30, 2008 (St. Louis City
Project)

(viii) Collateral Assignment of Construction Contract by Casino One Corporation
in favor of Lehman Commercial Paper Inc., dated as of October 31, 2008

(ix) Consent to Collateral Assignment of Construction Contract by Yates/Paric,
dated October 31, 2008

Other Documents To Be Transferred

	 	(g)	 	Instrument of Joinder to the Second Amended and Restated Trademark Collateral
Assignment, dated March 13, 2007, by President Riverboat Casino-Missouri, Inc.

	 	(h)	 	Landlord Consents and SDNA’s

(i) Lender Consent and Confirmation among Pinnacle Entertainment, Inc. and
Lehman Commercial Paper Inc., dated as of October 10, 2007 (Four Seasons, St.
Louis, Missouri)

(ii) Subordination and Non-Disturbance Agreement dated October 30, 2007 among
Lehman Commercial Paper Inc. and Four Seasons Hotels Limited

(iii) Tenant Estoppel, Subordination, Nondisturbance and Attornment Agreement
dated December 6, 2005 by Ohar, Inc. d/b/a Sundeckers in favor of Lehman
Commercial Paper Inc., recorded February 13, 2006 in Book 02132006, Page 151 of
the Official Records of the City of St. Louis, Missouri

 

 

 

(iv) Water Permits and Rights secured by Lien in favor of Lehman Commercial
Paper Inc. as on file with the Nevada State Engineer’s Office

(v) Landlord Estoppel (Parcel A) dated as of December 17, 2003 by The Webster
Family Limited Partnership and The Diuguid Family Limited Partnership in favor
of Lehman Commercial Paper Inc.

(vi) Landlord Estoppel (Parcel B) dated as of December 17, 2003 by Daniel
Webster, Marsha S. Webster, William G. Diuguid, Sarah T. Diuguid, J.R. Showers,
III and Carol A. Showers in favor of Lehman Commercial Paper Inc.

(vii) Landlord Consent dated as of December 12, 2005 made by St. Louis County
Port Authority and Pinnacle Entertainment, Inc. in favor of Lehman Commercial
Paper Inc., and recorded on December 22, 2005, in the Office of the Recorder of
Deeds of St. Louis County, Missouri as Instrument No. 2005122201017

(viii) Landlord’s Consent and Estoppel dated December 2003 by State of
Louisiana State Land Office for the benefit of Lehman Commercial Paper Inc.

(ix) Landlord’s Consent and Estoppel dated as of August 27, 2004 by State of
Louisiana State Land Office for the benefit of Lehman Commercial Paper Inc.

(x) Landlord’s Consent and Estoppel dated as of December 14, 2005 by State of
Louisiana State Land Office for the benefit of Lehman Commercial Paper Inc.

(xi) Landlord Consent dated as of December 15, 2003 among Lake Charles Harbor &
Terminal District, PNK (Lake Charles), L.L.C. and Lehman Commercial Paper Inc.

(xii) Notice to Landlord dated August 9, 2004 regarding reliance on December
15, 2003 Landlord Consent

(xiii) Notice to Landlord dated December 5, 2005 regarding reliance on December
15, 2003 Landlord Consent

	 	(i)	 	Title Policies with endorsements obtained from time to time

(i) Belterra, Indiana: Chicago Title Insurance Company Policy No. 000377014
issued on 12/28/05, plus multiple endorsements

(ii) 8500 Alabama Avenue, St. Louis, Missouri: Chicago Title Insurance Company
Policy No. 020053920 issued on 3/27/06, plus six endorsements

(iii) Embassy Suites, 901 and 925 N. First Street, St. Louis, Missouri: Chicago
Title Insurance Company Policy No. 020053821 issued on 12/27/05

(iv) 19 Parcels from LCRA, St. Louis, Missouri: Chicago Title Insurance Policy
No. 7210773-189206 issued on 12/21/05, plus multiple endorsements

(v) St. Louis City Project and Bronson Property, St. Louis, Missouri: Chicago
Title Insurance Policy No. 7210773-189243 issued on 11/17/06

 

 

 

(vi) County Project Site, St. Louis, Missouri: Chicago Title Insurance Company
Policy No. 20053822P issued on 11/21/06

(vii) Cherrick’s subdivision, St. Louis, Missouri: Commonwealth Land Title
Insurance Company Policy No. 11043387 issued on 11/14/07

(viii) Bossier City, Louisiana: Chicago Title Insurance Company Policy No.
19-0037-02-001696 issued on 12/19/03 plus multiple endorsements

(ix) New Orleans, Louisiana: Chicago Title Insurance Company Policy No.
19-0037-02-001697 issued on 12/19/03, plus multiple endorsements

(x) Burgoyne Residence, Lake Charles, Louisiana: Chicago Title Insurance Policy
No. 72107-701569 issued on 1/20/06, plus multiple endorsements

(xi) Lake Charles, Louisiana — fee interest acquired from Harrah’s acquisition:
Stewart Title Guaranty Company Policy No. 9702-1449636 issued on 5/2/07

(xii) Lake Charles, Louisiana (fee and leasehold): Chicago Title Insurance
Company Policy No. 19008510700000159 issued on 12/30/03

(xiii) Country Club Road, Lake Charles, Louisiana: Chicago Title Insurance
Company Policy No. 7230718-76553516 issued on 10/3/08

(xiv) Baton Rouge, Louisiana (Yankton): Chicago Title Insurance Company Policy
No. 72107-577838 issued on 7/10/07

(xv) Baton Rouge, Louisiana (Chatsworth): Fidelity National Title Insurance
Company Policy No. 2730718-75235487 issued on 6/4/08

(xvi) Reno, Nevada: Chicago Title Insurance Company Policy No. 05006749-1-T
issued on 12/19/05, plus multiple endorsements

(xvii) Central City, Colorado: Chicago Title Insurance Company Policy No.
75-1528-207-207319 issued on 11/21/06

(xviii) Chicago Title Insurance Company, Reinsurance File No. CTI-1-C-25868

	 	(a)	 	Chicago Title Insurance Company, as Cedar and the following reinusurers:

(1) National Title Insurance of New York Inc.

(2) Alamo Title Insurance Company

(3) Nations Title Insurance of New York Inc.

(4) Fidelity National Title Insurance Company

(5) Ticor Title Insurance Company of Florida

(6) Security Union Title Insurance Company

 

 

 

(7) First American Title Insurance Company

(8) Ticor Title Insurance Company

	 	(j)	 	Legal Opinions

Delivered on December 14, 2005

(i) Legal Opinion of Irell & Manella LLP (Delaware)

(ii) Legal Opinion of General Counsel of Pinnacle Entertainment, Inc.

(iii) Legal Opinion of Schreck Brignone (Nevada)

(iv) Legal Opinion of Briol and Associates (Minnesota)

(v) Legal Opinion of Stone Pigman (Louisiana)

(vi) Legal Opinion of Watkins Ludlam (Mississippi)

(vii) Legal Opinion of Baker & Daniels (Indiana)

(viii) Legal Opinion of Lathrop and Gage (Missouri)

(ix) Legal Opinion of Marshall Hill Cassas & de Lipkau (Water Rights)

Delivered on November 17, 2006

(i) Legal Opinion of Irell & Manella LLP (Delaware)

(ii) Legal Opinion of Schreck Brignone (Nevada)

(iii) Legal Opinion of Stone Pigman (Louisiana)

(iv) Legal Opinion of Watkins Ludlam (Mississippi)

(v) Legal Opinion of Baker & Daniels (Indiana)

(vi) Legal Opinion of Lathrop and Gage (Missouri)

(vii) Legal Opinion of Parsons Behle and Latimer (Water Rights)

Other

(i) Legal Opinion of McAfee & Taft dated June 12, 2009 regarding security
interest granted in Cessna Citation aircraft (N208LB)

	 	(k)	 	Certificates of Insurance

 

 

 

Schedule 4

The Existing Agent shall have delivered to the Successor Agent:

(a) copies of the Loan Documents and other documents, as listed on Schedule 2 and Schedule 3 of
this Agreement, existing as of the Effective Date, together with all amendments and supplements
thereto;

(b) a list of all of the Lenders and their respective commitments as of the close of business on
the date of this Agreement;

(c) an executed assignment of mortgage or deed of trust (as applicable and if reasonably necessary)
with regard to each of the Mortgages, as listed on Schedule 2 of this Agreement, in its capacity as
Administrative Agent (provided that neither the Existing Agent nor the Successor Agent
shall be responsible for the form, content or filing of any such assignments or the applicable
mortgages);

(d) those additional documents, as listed on Schedule 2 and Schedule 3 of this Agreement, prepared
to transfer, as of record, the security interests, financing statements and all other notices of
security interests and Liens previously filed by it in its capacity as Administrative Agent
(provided that neither the Existing Agent nor the Successor Agent shall be responsible for
the form, content or filing of any such financing statements, instruments or notices); and

(e) (i) copies of all of the Existing Agent’s books and records concerning the Loans (including
without limitation all of those books and records that evidence the amount of principal, interest
and other sums due under the Loan Documents) and (ii) such other information and data as shall be
reasonably necessary for the Successor Agent to establish an Intralinks website (or substantially
similar electronic transmission system) for purposes of general communications with the parties to
the Loan Documents.

 

 

 

Exhibit A

CONSENT OF GUARANTORS

By signing this Consent, each Guarantor hereby consents to the foregoing Agreement (including
without limitation the amendments to the Credit Agreement contained therein), and confirms that (i)
the obligations of the Borrower under the Credit Agreement as modified by the Agreement (x) are
guaranteed by the Guarantors as set forth in the Subsidiary Guaranty and (y) constitute
Obligations, and (ii) notwithstanding the effectiveness of the terms of the Agreement, the
Subsidiary Guaranty and each of the Loan Documents to which it is a party is, and shall continue to
be, in full force and effect and are hereby ratified and confirmed in all respects.

Each Guarantor agrees to execute any documentation and to take such other actions as may
reasonably be necessary to evidence the resignation and appointment, and the transfer of the
Collateral, as described in the Agreement, in each case at the Borrower’s expense; provided that
the Existing Agent shall bear no responsibility for any actions taken or omitted to be taken by the
Successor Agent under this paragraph or under Section 1(a)(iv) of the Agreement.

Each Guarantor hereby confirms, as of the Effective Date, that the Successor Agent becomes
vested with all of the rights, powers, privileges and duties of the Administrative Agent under each
Loan Document applicable to such Guarantor, and the Existing Agent is discharged from all of its
duties and obligations as the Administrative Agent under each Loan Document applicable to such
Guarantor.

On and after the Effective Date, all possessory Collateral held by the Existing Agent for the
benefit of the Lenders shall be deemed to be held by the Existing Agent as agent and bailee for the
Successor Agent for the benefit of the Lenders until such time as such possessory Collateral has
been delivered to the Successor Agent. Notwithstanding anything herein to the contrary or the
effectiveness of the terms hereof, each Guarantor agrees that all of such Liens granted by any
Guarantor, shall in all respects be continuing and in effect and are hereby ratified and reaffirmed
by each Guarantor. Without limiting the generality of the foregoing, any reference to the Existing
Agent on any publicly filed document, to the extent such filing relates to the Liens and security
interests in the Collateral assigned pursuant to the Agreement and until such filing is modified to
reflect the interests of the Successor Agent, shall, with respect to such Liens and security
interests, constitute a reference to the Existing Agent as collateral representative of the
Successor Agent (provided, that the parties hereto agree that the Existing Agent’s role as such
collateral representative shall impose no duties, obligations, or liabilities on the Existing
Agent, including, without limitation, any duty to take any type of direction regarding any action
to be taken against such Collateral other than the requirements of the Existing Agent to consummate
the assignments effected hereby, whether such direction comes from the Successor Agent, the
Required Lenders, or otherwise and the Existing Agent shall have the full benefit of the protective
provisions of Section 9 (The Agents), including, without limitation, Section 9.7 (Indemnification),
while serving in such capacity).

Each Guarantor hereby represents and warrants on and as of the date hereof and on and as of
the Effective Date that it is legally authorized to enter into and has duly executed and delivered
this Consent.

Without limiting its obligations in any way under any of the Loan Documents, each Guarantor
reaffirms and acknowledges its obligations to the Successor Agent to the extent provided in any
Loan Document applicable to it and that the delivery of any agreements, instruments or any other
document and any other actions taken or to be taken to the extent required by and in accordance
with any Loan Document applicable to it shall be to the satisfaction of Successor Agent
notwithstanding whether any of the foregoing was or were previously satisfactory to the Existing
Agent.

 

 

 

Each Guarantor hereby unconditionally and irrevocably waives all claims, suits, debts, liens,
losses, causes of action, demands, rights, damages or costs, or expenses of any kind, character or
nature whatsoever, known or unknown, fixed or contingent, which any of them may have or claim to
have against Lehman (whether in its capacity as an agent, lender, hedging counterparty or
otherwise) or its agents, employees, officers, affiliates, directors, representatives, attorneys,
successors or assigns (collectively, the “Released Parties”) to the extent arising out of
or in connection with the Loan Documents, including without limitation damages resulting from any
prior or future failure to fund the Commitment of Lehman thereunder (collectively, the
“Claims”). Each Guarantor further agrees forever to refrain from commencing, instituting
or prosecuting any lawsuit, action or other proceeding against any Released Parties with respect to
any and all of the foregoing described waived, released, acquitted and discharged Claims or from
exercising any right of recoupment or setoff that it may have under a master netting agreement or
otherwise against any Released Party with respect to Obligations under the Loan Documents. For the
avoidance of doubt, it is acknowledged that the Commitment of Lehman as a Lender under the Credit
Agreement is not, and is not meant to be, terminated hereby. Each of the Released Parties shall be
a third party beneficiary of the release herein provided.

Each Guarantor hereby agrees that this Consent (i) does not impose on the Existing Agent
affirmative obligations or indemnities to which it was not already subject, as of the date of its
petition commencing its proceeding under chapter 11 of the Bankruptcy Code, and that could give
rise to any administrative expense claims other than claims arising as a result of (x) the failure
by Lehman to perform any of its obligations hereunder or (y) any representation or warranty of
Lehman set forth herein not being true and correct on and as of the date hereof and on and as of
the Effective Date and (ii) is not inconsistent with the terms of the Credit Agreement.

[Signature page follows]

 

 

 

IN WITNESS WHEREOF, each of the undersigned has executed and delivered this CONSENT OF
GUARANTORS as of the
 _____ 

day of
 _____, 2009.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	BILOXI CASINO CORP., a Mississippi corporation

CASINO MAGIC CORP., a Minnesota corporation

ST. LOUIS CASINO CORP., a Missouri corporation	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	Name:	 	Stephen H. Capp	 	 
	 	 	 	 	Title:	 	Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	CASINO ONE CORPORATION, a Mississippi corporation

PNK (BOSSIER CITY), INC., a Louisiana corporation	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	Name:	 	Stephen H. Capp	 	 
	 	 	 	 	Title:	 	Treasurer	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	BELTERRA RESORT INDIANA, LLC,

a Nevada limited liability company	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	Pinnacle Entertainment, Inc.,

its sole member	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Name:
	 	Stephen H. Capp	 	 
	 

	 	 	 	 	 	Title:
	 	Executive Vice President and

Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	BOOMTOWN, LLC,

a Delaware limited liability company	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	Pinnacle Entertainment, Inc., 

its sole member	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Name:
	 	Stephen H. Capp	 	 
	 

	 	 	 	 	 	Title:
	 	Executive Vice President and

Chief Financial Officer	 	 

Consent of Guarantors to Agency Transfer Agreement

 

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	OGLE HAUS, LLC,

an Indiana limited liability company	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	Belterra Resort Indiana, LLC,

its sole member	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	Pinnacle Entertainment, Inc.,

its sole member	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Name:
	 	Stephen H. Capp	 	 
	 

	 	 	 	 	 	Title:
	 	Executive Vice
President and 

Chief Financial
Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	PNK (LAKE CHARLES), L.L.C.,

a Louisiana limited liability company	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	Pinnacle Entertainment, Inc.,

its sole member and manager	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Name:
	 	Stephen H. Capp	 	 
	 

	 	 	 	 	 	Title:
	 	Executive Vice President and

Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	PNK (RENO), LLC,

a Nevada limited liability company	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	Pinnacle Entertainment, Inc.,

its sole member	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Name:
	 	Stephen H. Capp	 	 
	 

	 	 	 	 	 	Title:
	 	Executive Vice President and

Chief Financial Officer	 	 

Consent of Guarantors to Agency Transfer Agreement

 

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	LOUISIANA-I GAMING,

a Louisiana partnership in Commendam	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	Boomtown, LLC,

its general partner	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	Pinnacle Entertainment, Inc.,

its sole member	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Name:
	 	Stephen H. Capp	 	 
	 

	 	 	 	 	 	Title:
	 	Executive Vice President and

Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	PNK (ES), LLC,

a Delaware limited liability company	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	Pinnacle Entertainment, Inc.,

its sole member	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Name:
	 	Stephen H. Capp	 	 
	 

	 	 	 	 	 	Title:
	 	Executive Vice President and 

Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	PNK (ST. LOUIS RE), LLC,

a Delaware limited liability company	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	Pinnacle Entertainment, Inc.,

its sole member	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Name:
	 	Stephen H. Capp	 	 
	 

	 	 	 	 	 	Title:
	 	Executive Vice President and
 Chief
Financial Officer	 	 

Consent of Guarantors to Agency Transfer Agreement

 

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	PNK (CHILE 1), LLC,

a Delaware limited liability company	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	Pinnacle Entertainment, Inc.,

its sole member	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Name:
	 	Stephen H. Capp	 	 
	 

	 	 	 	 	 	Title:
	 	Executive Vice President and
 Chief
Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	PNK (CHILE 2), LLC,

a Delaware limited liability company	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	Pinnacle Entertainment, Inc.,

its sole member	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Name:
	 	Stephen H. Capp	 	 
	 

	 	 	 	 	 	Title:
	 	Executive Vice President and
 Chief
Financial Officer	 	 

Consent of Guarantors to Agency Transfer Agreement

 

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	YANKTON INVESTMENTS, LLC,

a Nevada limited liability company	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	Name:	 	John A. Godfrey	 	 
	 	 	 	 	Title:	 	Manager	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	PNK (BATON ROUGE) PARTNERSHIP, a

Louisiana partnership	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	PNK Development 8, LLC,

its Managing Partner	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	Pinnacle Entertainment, Inc.,

its sole member	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Name:
	 	Stephen H. Capp	 	 
	 

	 	 	 	 	 	 	 	Title:
	 	Executive Vice President and

Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	PNK Development 7, LLC,

a Delaware limited liability company	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	Pinnacle Entertainment, Inc.,

its sole member	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Name:	 	Stephen H. Capp	 	 
	 	 	 	 	 	 	Title:	 	Executive Vice President and

Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	PNK Development 8, LLC,

a Delaware limited liability company	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	Pinnacle Entertainment, Inc.,

its sole member	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Name:
	 	Stephen H. Capp
	 	 
	 

	 	 	 	 	 	Title:
	 	Executive Vice President and

Chief Financial Officer	 	 

Consent of Guarantors to Agency Transfer Agreement

 

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	PNK Development 9, LLC,

a Delaware limited liability company	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	Pinnacle Entertainment, Inc.,

its sole member	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Name:	 	Stephen H. Capp	 	 
	 	 	 	 	 	 	Title:	 	Executive Vice President and

Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	PNK (SCB), L.L.C.,

a Louisiana limited liability company	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	PNK Development 7, LLC,

its sole member	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	Pinnacle Entertainment, Inc.,

its sole member	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 	 	Name:
	 	Stephen H. Capp	 	 
	 

	 	 	 	 	 	 	 	Title:
	 	Executive Vice President and

Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	PNK (STLH), LLC,

a Delaware limited liability company	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	Pinnacle Entertainment, Inc., 

its sole member	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Name:	 	Stephen H. Capp	 	 
	 	 	 	 	 	 	Title:	 	Executive Vice President and

Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	President Riverboat Casino-Missouri, Inc.

a Missouri corporation	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	Name:	 	Stephen H. Capp	 	 
	 	 	 	 	Title:	 	Chief Financial Officer	 	 

Consent of Guarantors to Agency Transfer Agreementexv10w1w3

Exhibit 10.1.3

Pursuant to Instruction 2 to Item 601 of Regulation S-K, NeuStar, Inc. has filed an agreement with
the North American Portability Management LLC, as successor to Northeast Carrier Acquisition
Company, LLC, which is one of seven agreements that are substantially identical in all material
respects other than the parties to the agreements. North American Portability Management, LLC
succeeded to the interests of Northeast Carrier Acquisition Company, LLC and each of the other
entities listed below. The following list identifies the other parties to the six agreements that
have been omitted pursuant to Instruction 2 to Item 601:

	 	•	 	LNP, LLC (Midwest)
	 
	 	•	 	Southwest Region Portability Company, LLC
	 
	 	•	 	Western Region Telephone Number Portability, LLC
	 
	 	•	 	Southeast Number Portability Administration Company, LLC
	 
	 	•	 	Mid-Atlantic Carrier Acquisition Company, LLC
	 
	 	•	 	West Coast Portability Services, LLC

Amendment No. 72 (NE)

			
	SOW:	 	o  No

þ Yes

STATEMENT OF WORK NO. 72

UNDER

CONTRACTOR SERVICES AGREEMENT

FOR

NUMBER PORTABILITY ADMINISTRATION CENTER / SERVICE

MANAGEMENT SYSTEM

IMPLEMENTATION OF NANC 429, NANC 430 AND NANC 435

CONFIDENTIAL

Page 1

 

Amendment No. 72 (NE)

			
	SOW:	 	o   No

þ Yes

STATEMENT OF WORK NO. 72

UNDER

CONTRACTOR SERVICES AGREEMENT

FOR

NUMBER PORTABILITY ADMINISTRATION CENTER/SERVICE MANAGEMENT

SYSTEM

Implementation of NANC 429, NANC 430 AND NANC 435

1. PARTIES

This Statement of Work No. 72 (this “Statement of Work” or “SOW”) is entered into pursuant to
Article 13 and Article 30, and upon execution shall be a part of, the Contractor Services
Agreements for Number Portability Administration Center/Service Management System, as amended and
in effect immediately prior to the SOW Effective Date (each such agreement referred to individually
as the “Master Agreement” and collectively as the “Master Agreements”), by and between NeuStar,
Inc., a Delaware corporation (“Contractor”), and the North American Portability Management LLC, a
Delaware limited liability company (the “Customer”), as the successor in interest to and on behalf
of the Northeast Carrier Acquisition Company, LLC (the “Subscribing Customer”).

2. EFFECTIVENESS AND SUBSCRIBING CUSTOMERS

This Statement of Work shall be effective as of the last date of execution below (the “SOW
Effective Date”), conditioned upon execution by Contractor and Customer on behalf of all the
limited liability companies listed below for the separate United States Service Areas (the

“Subscribing Customers”).

	 	•	 	Mid-Atlantic Carrier Acquisition Company, LLC
	 
	 	•	 	LNP, LLC (Midwest)
	 
	 	•	 	Northeast Carrier Acquisition Company, LLC
	 
	 	•	 	Southeast Number Portability Administration Company, LLC
	 
	 	•	 	Southwest Region Portability Company, LLC
	 
	 	•	 	West Coast Portability Services, LLC
	 
	 	•	 	Western Region Telephone Number Portability, LLC

The number in the upper left-hand corner refers to this Statement of Work. Capitalized terms used
herein without definition or which do not specifically reference another agreement shall have the
meanings as defined in the Master Agreement.

3. CONSIDERATION RECITAL

In consideration of the terms and conditions set forth in this Statement of Work, and for other

CONFIDENTIAL

Page 2

 

Amendment No. 72 (NE)

			
	SOW:	 	o  No

þ Yes

good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
Contractor and Customer agree as set forth in this Statement of Work.

4. SCOPE OF ADDITIONAL SERVICES

Contractor shall perform the Additional Services set forth herein. The Additional Services under
this SOW consist exclusively of the work set forth in this Article 4 (collectively, the “Software
Development Work”) necessary to incorporate the Change Orders (as that term is defined in
Section 4.2 below) into the NPAC/SMS Software in accordance with the project schedule set
forth
in Article 6. The Additional Services under this SOW are an Enhancement to the
NPAC/SMS Software as defined in the Master Agreement.

4.1 Software Development Work

The Software Development Work for the Enhancement of the Change Order includes the
following activities: NPAC/SMS requirements definition; NPAC/SMS system and regression
test; program management; quality assurance; configuration control and documentation
management.

4.2 Change Orders

The NPAC/SMS Software shall incorporate and provide the functionality of the NANC change
orders (“Change Orders”) set forth immediately below.

NANC 429 — URI for Voice. The NPAC/SMS will provide the ability to provision a Voice URI
for each SV and Pooled Block record. This information will be provisioned by the SOA and
broadcast to the LSMS upon activation of the SV or Pooled Block and upon modification for
those SOA and LSMS associations optioned “on” to send and receive this data. This Optional
Data field parameter shall be added to the Bulk Data Download file, and be available to a Service
Provider’s SOA, LSMS, or both. This parameter will be supported across the interface on an opt-in basis only and will be functionally backward compatible.

NANC 430 — URI for Multimedia Message Service (MMS). The NPAC/SMS will provide the
ability to provision an MMS URI for each SV and Pooled Block record. This information will be
provisioned by the SOA and broadcast to the LSMS upon activation of the SV or Pooled Block
and upon modification for those SOA and LSMS associations optioned “on” to send and receive
this data. This Optional Data fieldparameter shall be added to the Bulk Data Download file, and
be available to a Service Provider’s SOA, LSMS, or both. This parameter will be supported
across the interface on an opt-in basis only and will be functionally backward compatible.

NANC 435 — URI for Short Message Service (SMS). The NPAC/SMS will provide the ability
to provision an SMS URI for each SV and Pooled Block record. This information will be
provisioned by the SOA and broadcast to the LSMS upon activation of the SV or Pooled Block
and upon modification for those SOA and LSMS associations optioned “on” to send and receive
this data. This Optional Data field parameter shall be added to the Bulk Data Download file, and
be available to a Service Provider’s SOA, LSMS, or both. This parameter will be supported
across the interface on an opt-in basis only and will be functionally backward compatible.

CONFIDENTIAL

Page 3

 

Amendment No. 72 (NE)

			
	SOW:	 	o   No

þ  Yes

5. OUT OF SCOPE SERVICES

This SOW contains the agreed upon terms and conditions that shall govern Contractor’s performance
of the Additional Services described herein. The Additional Services provided for in this SOW shall
not be interpreted, implied, or assumed to include any other service(s), including additional or
changed services, not specifically described in Article 4 (Scope of Additional Services) above.
Any and all requested or required services or change orders (hereinafter “Out of Scope Services”)
may be provided in accordance with Article 13 of the Master Agreement.

6. PROJECT PHASES

6.1 Phase Descriptions

Contractor shall perform the Additional Services in accordance with the schedule (the “Project
Phases”) set forth below.

Table 1 — Project Phases

	 	 	 
	Phases	 	Descriptions
	Phase 0

	 	SOW Effective Date
	 
	 	 
	Phase 1

	 	Development of Enhancement
	 
	 	 
	Phase 2

	 	Availability of Enhancement for Optional
Regression Testing and, for Users supporting
the Enhancement, Turn-Up Testing on
Industry Test Bed
	 
	 	 
	Phase 3

	 	Implementation of Enhancement

Phase 1 — Beginning on the SOW Effective Date, Contractor shall undertake all necessary
development activities to implement the Enhancement. Contractor shall complete this Phase 1 no
later than four (4) weeks thereafter.

Phase 2 — Upon completion of Phase 1, Contractor shall make the Enhancement available for optional
regression testing and, for Users supporting the Enhancement, turn-up testing on the industry test
bed. Contractor shall maintain availability of the Industry Test Bed for this purpose for two (2)
weeks.

Phase 3 — Upon completion of Phase 2, Contractor shall commence the introduction of the
Enhancement in production into the Service Areas. Contractor shall complete this Phase 3 no later
than three (3) weeks after the first available maintenance window immediately following completion
of Phase 2. The date on which the Enhancement is implemented shall be referred to as the “SOW
Completion Date.”

6.2 Acceptance

If not accepted sooner by Customer, the Additional Services shall be deemed to have been

CONFIDENTIAL

Page 4

 

Amendment No. 72 (NE)

			
	SOW:	 	o   No

þ  Yes

accepted (“Acceptance”) upon the absence of written notice from Customer to Contractor identifying
Critical Defects (as defined herein) in the Change Order functionality implemented hereunder as of
fifteen (15) days after the SOW Completion Date. For purposes of this Section 6.2, a “Critical
Defect” shall mean any functional defect in the Enhancement to be implemented by the Additional
Services hereunder that prevents one or more Users from performing a create, activate, modify or
delete of an Active SV. For such a defect to be considered a Critical Defect, it must be
reproducible and be one for which no acceptable alternative functionality can be identified.

7. APPLICABLE DOCUMENTS

The following internal documents are applicable to the Additional Services contemplated under this
SOW:

	 	 	 
	ü

	 	Functional Requirements Specifications
	 
	None

	 	Requirements Traceability Matrix
	 
	None

	 	System Design
	 
	ü

	 	Detailed Design
	 
	None

	 	Integration Test Plan
	 
	None

	 	System Test Plan
	 
	None

	 	NPAC Software Development Process Plan
	 
	ü

	 	User Documentation

Effective on the SOW Completion Date, the term Specifications as used in the Master Agreements
shall mean the Specifications as defined therein and as modified and amended pursuant to Statements
of Work under the Master Agreements through and including the Software release contemplated by this
Statement of Work.

8. IMPACTS ON MASTER AGREEMENT

	 	 	 
	None

	 	Master Agreement
	 
	ü

	 	Exhibit B Functional Requirements Specification
	 
	ü

	 	Exhibit C Interoperable Interface Specification
	 
	ü

	 	Exhibit E Pricing Schedules
	 
	None

	 	Exhibit F Project Plan and Test Schedule
	 
	None

	 	Exhibit G Service Level Requirements
	 
	None

	 	Exhibit H Reporting and Monitoring Requirements
	 
	None

	 	Exhibit J User Agreement Form
	 
	None

	 	Exhibit K External Design
	 
	None

	 	Exhibit L Infrastructure/Hardware
	 
	None

	 	Exhibit M Software Escrow Agreement
	 
	None

	 	Exhibit N System Performance Plan for NPAC/SMS Services
	 
	None

	 	Disaster Recovery
	 
	None

	 	Back Up Plans
	 
	None

	 	Gateway Evaluation Process (Article 32 of Master Agreement)

CONFIDENTIAL

Page 5

 

	Amendment No. 72 (NE)

			
	SOW:	 	o   No

þ  Yes

9. APPROVAL OF NEW URI PARAMETERS

As of the SOW Completion Date, the following new URI parameters (the “New URI Parameters”) of the
Optional Data field introduced by the Change Orders shall be set forth in Footnote 5 of Exhibit E
to the Master Agreement in the list of Active SV fields, any of which if modified results in a TN
Porting Event:

	 	•	 	URI for Voice
	 
	 	•	 	URI for Multimedia Message Service (MMS)
	 
	 	•	 	URI for Short Message Service (SMS)

This Article 9 does not otherwise amend or modify Footnote 5 of Exhibit E to the Master Agreement.

If as a result of a final order issued by the U.S. Federal Communications Commission (FCC), any New
URI Parameter is required to be excluded from the NPAC/SMS, then Contractor shall at no cost to
Users in the Service Area, and after coordinating with Customer and Users supporting the subject
New URI Parameter, take all steps necessary to comply with such final order concerning the
exclusion of the New URI Parameter. If compliance with such a final order requiring the exclusion
of a New URI Parameter requires the processing of TN Porting Events, then Contractor shall, on
behalf of Users supporting the subject New URI Parameter, process TN Porting Events that consist
exclusively of the deletion of the data from the subject New URI Parameter in the User’s Active SVs
as a mass update project (such TN Porting Events, the
“Corrective Transactions”). The number of
Corrective Transactions in any Measuring Year shall for that Measuring Year only be added one-time
to the amount of the National TN Porting Event Ceiling under Section 35.7 of the Master Agreement
for the purpose of determining whether a National Ceiling Threshold Event occurred.

10. COMPENSATION AND PAYMENT

There is no cost to the Subscribing Customer and the Users of the Subscribing Customer’s Service
Area for the performance of the Additional Services set forth herein.

11. MISCELLANEOUS

11.1 Except as specifically modified and amended hereby, all the provisions of the Master Agreement
and the User Agreements entered into with respect thereto, and all exhibits and schedules thereto,
shall remain unaltered and in full force and effect in accordance with their terms. From and after
the SOW Effective Date hereof, any reference in the Master Agreement to itself and any Article,
Section or subsections thereof or to any Exhibit thereto, or in any User Agreement to itself or to
the Master Agreement and applicable to any time from and after the SOW Effective Date hereof, shall
be deemed to be a reference to such agreement, Article, Section, subsection or Exhibit, as modified
and amended by this. From and after the SOW Effective Date, this Statement of Work shall be a part
of the Master Agreement, including its Exhibits, and, as such, shall be subject to the terms and
conditions therein. Each of the

CONFIDENTIAL

Page 6

 

Amendment No. 72 (NE)

			
	SOW:	 	o   No

þ  Yes

respective Master Agreements with respect to separate Service Areas remains an independent
agreement regarding the rights and obligations of each of the Parties thereto with respect to such
Service Area, and neither this Statement of Work nor any other instrument shall join or merge any
Master Agreement with any other, except by the express written agreement of the Parties thereto.

11.2 This Statement of Work may be executed in two or more counterparts and by different parties
hereto in separate counterparts, with the same effect as if all parties had signed the same
document. All such counterparts shall be deemed an original, shall be construed together and shall
constitute one and the same instrument.

11.3 If at any time hereafter a Customer, other than a Customer that is a party hereto desires to
become a party hereto, such Customer may become a party hereto by executing a joinder agreeing to
be bound by the terms and conditions of this Statement of Work, as modified from time to time.

11.4 This Statement of Work is the joint work product of representatives of Customer and
Contractor; accordingly, in the event of ambiguities, no inferences will be drawn against either
party, including the party that drafted this Statement of Work in its final form.

11.5 This Statement of Work sets forth the entire understanding between the Parties with regard to
the subject matter hereof and supercedes any prior or contemporaneous agreement, discussions,
negotiations or representations between the Parties, whether written or oral, with respect thereto.
The modifications, amendments and price concessions made herein were negotiated together and
collectively, and each is made in consideration of all of the other terms herein. All such
modifications, amendments and price concessions are interrelated and are dependent on each other.
No separate, additional or different consideration is contemplated with respect to the
modifications, amendments and price concessions herein.

[THIS SPACE INTENTIONALLY LEFT BLANK]

CONFIDENTIAL

Page 7

 

Statement
of Work  No. 72 (NE)

			
	SOW:	 	o   No

þ  Yes

IN WITNESS WHEREOF, the undersigned have executed this Amendment:

CONTRACTOR:
NeuStar, Inc.

	 	 	 	 	 
	By:

	 	/s/ Michael O’Connor	 	 
	Its:

	 	 

VP Customer Relation

	 	   
	 
	Date: May 20, 2009

CUSTOMER: North American Portability Management LLC, as successor in interest to and on behalf of
Northeast Carrier Acquisition Company, LLC

	 	 	 	 	 
	By:

	 	/s/ Melvin Clay	 	 
	Its:

	 	 

NAPM LLC Co-Chair
	 	   
	 
	
Date: May 20, 2009

	 	 	 	 	 
	By:

	 	/s/ Timothy Decker	 	 
	Its:

	 	 

NAPM LLC Co-Chair
	 	 
	 
	 

Date: May 20, 2009
	 	 
	 

	 	 

	 	 

CONFIDENTIAL

Page 8

 

			
	Paul S. Lalljie
	 	Ph: 571-434-5548
	Senior Vice President, Chief Financial Officer and Treasurer
	 	Fax: 571-434-5735

Paul.Lalljie@neustar.biz

July 13, 2009

Mel Clay, Co-Chair

North American Portability Management LLC

c/o at&t Inc.

Room 20P25

675 W. Peachtree Street

Atlanta, GA 30375

Tim Decker, Co-Chair

North American Portability Management LLC

c/o Verizon Communications, Inc.

HQE02D37

Irving, TX 75038

          Re: Change Orders

Dear Mel and Tim:

We are pleased to report that NeuStar is on schedule to implement Change Orders NANC 429 (URI for
Voice), NANC 430 (URI for Multimedia Message Service) and NANC 435 (URI for Short Message Service)
in accordance with Statement of Work No. 72. As is customary for the implementation of enhancements
to the NPAC/SMS Software, NeuStar is implementing these three Change Orders on a staggered basis as
follows:

	 	 	 	 	 	 	 
	 	 	Scheduled	 	Actual	 	Acceptance Period
	Service Area	 	Implementation Date	 	Implementation Date	 	Expiration
	Southeast
	 	June 28, 2009
	 	June 28, 2009
	 	July 13, 2009
	 	 	 	 	 	 	 
	Mid-Atlantic
	 	July 12, 2009
	 	July 12, 2009
	 	July 27, 2009
	 	 	 	 	 	 	 
	Midwest
	 	July 12, 2009
	 	July 12, 2009
	 	July 27, 2009
	 	 	 	 	 	 	 
	Northeast
	 	July 12, 2009
	 	July 12, 2009
	 	July 27, 2009
	 	 	 	 	 	 	 
	Southwest
	 	July 19, 2009
	 	TBD
	 	Est. August 3, 2009
	 	 	 	 	 	 	 
	West Coast
	 	July 19, 2009
	 	TBD
	 	Est. August 3, 2009
	 	 	 	 	 	 	 
	Western
	 	July 19, 2009
	 	TBD
	 	Est. August 3, 2009
	 	 	 	 	 	 	 

Please note that as of the date of this letter, NeuStar has not received from the NAPM LLC an
acceptance notification, in accordance with Section 6.2 of Statement of Work No. 72, with

 

 

Mel Clay
 Tim Decker

July 13, 2009

Page 2

respect to those Service Areas already implemented. As a result, and in accordance with Section
6.2, the Southeast Service Area is deemed accepted as of July 13, 2009 (i.e., upon expiration of a
15-day acceptance period without written notification of a “Critical Defect”). Furthermore, unless
the NAPM LLC provides an acceptance notification, the Mid-Atlantic, Midwest and Northeast Service
Areas will be deemed accepted as of July 27, 2009.

Because only one Service Area (the Southeast) was implemented in June, 2009 and because no
acceptance occurred in June, 2009, no Service Area has met all the requirements set forth in
Section 35.5(b) (first introduced by Statement of Work No. 70) under each regional Contractor
Services Agreement for NPAC/SMS (the “Master Agreement”) for a New URI Adjustment Event, as
measured on the last day of June, 2009. This means that no Service Area is entitled to a share of a
National Monthly New URI One-Time Adjustment beginning in July, 2009.

In response to a NAPM LLC request to NeuStar for the application of the National Monthly New URI
One-Time Adjustment to begin in July, 2009 for all Service Areas, NeuStar proposes as an
accommodation that with respect to the first National Monthly New URI One-Time Adjustment
(associated with one Covered New URI), all Service Areas associated with the Subscribing Customers
that are a party to both Statement of Work No. 70 and Statement of Work No. 72 be eligible to
receive a share of the National Monthly New URI One-Time Adjustment (for one Covered New URI) if
any one Service Area is deployed by NeuStar by the last day of June 2009. In order to effectuate
the foregoing, NeuStar and the NAPM LLC agree as follows:

	 	•	 	NeuStar will waive for calendar month June, 2009 only criteria (B) (i.e., Contractor
implementation) and (C) (i.e., Customer acceptance) set forth in Section 35.5(b) of
each Master Agreement for determining whether a New URI Adjustment Event has
occurred with respect to any Service Area if in that same calendar month of June,
2009 at least one other Service Area has met criteria (A), (B), (D), (E) and (F) set
forth in Section 35.5(b) for determining whether a New URI Adjustment Event has
occurred.
	 
	 	•	 	For any Service Area that in calendar month June 2009 meets, with respect to a
Covered New URI, criteria (A), (B), (D), (E) and (F) set forth in Section 35.5(b) of
each Master Agreement for determining whether a New URI Adjustment Event has
occurred, the NAPM LLC hereby Accepts under Section 6.2 of Statement of Work
No. 72, and effective the last date of June, 2009, NeuStar’s implementation of each
Change Order for such Covered New URI that NeuStar implemented in calendar
month June 2009.

In accordance with the provisions of Section 35.5(b) of the Master Agreements, NeuStar shall first
issue each Service Area’s share of the National Monthly New URI One-Time

 

 

Mel Clay
 Tim Decker

July 13, 2009

Page 3

Adjustment with the July, 2009 invoices to be delivered to Allocated Payors in August, 2009 (i.e.,
the first calendar month of the calendar quarter immediately after the calendar month in which the
New URI Adjustment Event occurred).

The foregoing does not waive criteria (A), (B), (C), (D), (E) and (F) set forth in Section 35.5(b)
of each Master Agreement for determining whether a New URI Adjustment Event has occurred in any
calendar month, except as specifically set forth above for calendar month June, 2009. Such criteria
(A), (B), (C), (D), (E) and (F) set forth in Section 35.5(b) of each Master Agreement shall
continue to be tested on a monthly basis in accordance with the Master Agreements to determine
whether to continue payment of each Service Area’s share of the National Monthly New URI One-Time
Adjustment. This means that, for example, acceptance of the implementation of the change orders for
new URIs not yet accepted must still take place in accordance with Section 6.2 of Statement of Work
No. 72: either a lack of written notice identifying a critical defect within fifteen (15) days
after implementation or written notice of acceptance.

If you agree, then please execute this letter and return the same to us. If you have any
questions, then please do not hesitate to contact me.

Very truly yours

NEUSTAR, INC.

Paul S. Lalljie

Senior Vice President, Chief Financial Officer and Treasurer

AGREED AND ACCEPTED:

NORTH AMERICAN PORTABILITY MANAGEMENT LLC

	 	 	 	 	 
	By:

Name:

	 	/s/ Mel Clay
 

Mel Clay
	 	 
	Title:

	 	Co-Chair	 	 
	 
	 	 	 	 
	By: 

Name:

	 	/s/ Tim Decker
 

Tim Decker
	 	 
	Title:

	 	Co-Chair	 	 

			
	cc:	 	Dan A. Sciullo

Berenbaum, Weinshienk & Eason, P.C.

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