Document:

ex10_5.htm

    
      

    

    Exhibit
10.5

    CONSULTING
AGREEMENT

    

    This
Consulting Agreement (the "Agreement") is by and between RICK’S CABARET INTERNATIONAL,
INC., a Texas corporation ("Rick’s") and DENNIS DEGORI ("Consultant" or
“DeGori”), a Nevada resident.

    

    W
I T N E S S E T H:

    

    WHEREAS, the parties entered
into an Asset Purchase Agreement dated April 17, 2008, as subsequently amended
(the “Asset Purchase Agreement”), between the Buyer, Rick’s, DI Food and
Beverage of Las Vegas, LLC, a Nevada limited liability company (the “Seller”)
and Harold Danzig (“Danzig”), Frank Lovaas (“Lovaas”) and DeGori pursuant to
which Buyer will acquire substantially all of the assets of Seller in accordance
with the terms and conditions thereof (the “Transaction”); and

    

    WHEREAS, as part of the Asset
Purchase Agreement, Rick’s required that DeGori enter into a Non-Competition
Agreement (“Non-Competition Agreement”) as a condition to Buyer and Rick’s
entering into the Transaction; and

    

    WHEREAS, as a further part of
the Asset Purchase Agreement and the entering into the Non-Competition
Agreement, Rick’s desires for Consultant to provide management consulting
services to Rick’s; and

    

    WHEREAS, as a further part of
the Asset Purchase Agreement and the entering into the Non-Competition
Agreement, DeGori desires to provide consulting services as provided for herein
to Rick’s.

    

    NOW, THEREFORE, for and in
consideration of the mutual covenants and agreements contained herein, and for
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto agree as follows:

    

    1.           Service.  Rick’s hereby
engages Consultant and Consultant hereby accepts engagement with Rick’s upon the
terms and conditions hereinafter set forth.

    

    2.           Duties.

    

    (a)  Subject
to the power of the Chief Executive Officer of Rick’s, Consultant will serve
Rick’s as a Nightclub Management Consultant. In general, the scope of the
Consultant’s duties shall be to provide advice, direction and assistance to
Rick’s with respect to (a) improving club earnings; (b) formulating
recommendations for new systems and procedures to improve club revenues and day
to day club operations; (c) evaluating and targeting for reduction of club
operational expenses; (d) evaluating club operations through onsite inspections
and analysis and providing reports thereon; (e) improving day to day customer
service; (f) improving day to day customer relationships; and (g) increasing
market awareness of the name “Rick’s”.  The nature and content of any
actions, reports, decisions or obligations undertaken in connection with the
advice or assistance provided by the Consultant are solely the obligation of
Rick’s.

    

    
      
        
           

        

        
          Consulting
Agreement - Page 1

          
            

          

        

        
           

        

      

    

    

    (b)  It
is understood by and between the Parties that Consultant will provide services
to Rick’s as set forth above, but that these services shall not require
Consultant to have the duties or obligations of an employee of Rick’s with
respect to scheduling or reporting to anyone other than Rick’s Chief Executive
Officer.  It is further understood that Consultant operates, owns,
owns an interest in and/or provides services for other nightclub/adult
entertainment establishments inside and outside the State of
Nevada.  As such, while Consultant will use his best efforts to
provide services to Rick’s under this Agreement, it is understood that he shall
not be required to have a set schedule, to provide services at any location
without prior notification of at least seven days, to consult over holidays or
to otherwise be required to unreasonably provide services to Buyer to the
exclusion of his other business obligations.

    

    3.    
       Term.  Subject to the
terms and conditions hereof, the term of engagement of Consultant will be twelve
(12) months from the execution hereof and will terminate on September 4, 2009
(the “Term”), unless earlier terminated by either party pursuant to the terms
hereof.

    

    4.   
        Compensation
and Benefits During the Engagement Term.

     

    
      	
                

            	
              (a)

            	
              Compensation.  Rick’s
      shall pay to Consultant eighteen (18) equal monthly payments of $7,407.38
      per month for a total amount equal to $133,333 for the Term of this
      Agreement.  The consulting fee shall be due on the 15th
      day of each month with the first payment due October 15,
      2008.

            

    

    

    
      	
               

            	
              (b)

            	
              Expenses.  If
      previously approved in writing by Rick’s Chief Executive Officer, Rick’s
      will reimburse Consultant for any out of pocket expenses reasonably and
      necessarily incurred by the Consultant in rendering services required
      under this Agreement.  Consultant will be required to provide a
      detailed statement and reasonable documentation to Rick’s prior to any
      reimbursement.

            

    

    

    
      	
               
      

            	
              (c)

            	
              Intellectual
      Property.  It is agreed by the Parties that all
      intellectual property rights and other intangible assets, including,
      without limitation, tradenames, trademarks, servicemarks, corporate names,
      logos and any existence or possible combination or derivation of any and
      all of the same during the term of this Agreement shall remain the sole
      property of Rick’s.

            

    

    

    5.  
         Termination.  This Agreement
and the engagement created hereby will terminate upon any of the following
events:

    

    
      	
               
      

            	
              (a)

            	
              Disability.  Rick’s
      shall have the right to terminate the engagement of the Consultant under
      this Agreement for disability in the event Consultant suffers an injury,
      illness, or incapacity of such character as to substantially disable him
      from performing his duties without reasonable accommodation by Rick’s
      hereunder for a period of more than sixty (60) consecutive days upon
      Rick’s giving at least thirty (30) days written notice of
      termination.

            

    

    

    
      	
               
      

            	
              (b)

            	
              Death.  This
      Agreement will terminate on the Death of the
  Consultant.

            

    

     

    
      
        
        

      

      
        Consulting
Agreement - Page 2

        
          

        

      

      
        
        

      

    

     

    
      	
               
      

            	
              (c)

            	
              Breach of Non-Competition
      Agreement.  Rick’s may terminate this Agreement for any
      breach of the Non-Competition Agreement executed simultaneously herewith
      between Rick’s, Buyer and
Consultant.

            

    

     

    
      	
            	
              (d)

            	
              With
      Cause.  Rick’s may terminate this Agreement for cause
      defined as:

            

    

    

    (i)
embezzlement or wrongful diversion of funds of Rick’s or any of its
affiliates;

    (ii)
Abandonment by Consultant of his responsibilities and duties as set forth
herein, provided Consultant’s responsibilities and duties are reasonable and
consistent with Paragraph 2 (b) above;

    (iv)
other material breach of this Agreement by Consultant that remains uncured for a
period of at least ten (10) days following written notice from Rick’s;
or

    (v)
conviction of Consultant with entry of a plea of nolo contendre or equivalent
plea of a felony in a court of competent jurisdiction, or any other crime or
offense involving moral turpitude.

    

    
      	
               
      

            	
              (e)

            	
              Without
      Cause.  Consultant may terminate this Agreement without
      cause; and

            

    

    

    
      	
               
      

            	
              (f)

            	
              Without Cause by
      Rick’s.  Rick’s may terminate this Agreement without
      cause.  In the event that Rick’s terminates this Agreement
      without cause, then the Non-Competition Agreement shall terminate
      contemporaneously, provided, however, that in no event can the
      Non-Competition Agreement be terminated less than six months after the
      date of the Transaction, regardless of whether Rick’s terminates this
      Agreement without cause less that six months from the date of the
      Transaction.

            

    

    

    In the
event that this Agreement and the engagement created hereby terminates pursuant
to Section 5(a), (b), (c), (d), (e) or (f) above, then Rick’s shall not be
obligated to make any further payment under this Agreement to the
Consultant.

    

    6.           Waiver of
Breach.  The waiver by any
party hereto of a breach of any provision of this Agreement will not operate or
be construed as a waiver of any subsequent breach by any party.

    

    7.           Costs.  If
any action at law or in equity is necessary to enforce or interpret the terms of
this Agreement, the prevailing party will be entitled to reasonable attorney's
fees, costs and necessary disbursements in addition to any other relief to which
he or it may be entitled.

    

    8.           Notices.  Any
notices, consents, demands, requests, approvals and other communications to be
given under this Agreement by either party to the other will be deemed to have
been duly given if given in writing and personally delivered or within two days
if sent by mail, registered or certified, postage prepaid with return receipt
requested, as follows:

    

    
      	
               
      

            	
              If
      to Rick’s:

            	
              Rick’s
      Cabaret International, Inc.

            

    

    10959
Cutten Road

    Houston,
Texas 77066

    Attention:
Eric Langan, President

     

    
      
        	
                 
      

              	
                If
      to Consultant:

              	
                Dennis
      DeGori

              

      

      ________________________________

      ________________________________

       

    

    
      
        
           

        

        
          Consulting
Agreement - Page 3

          
            

          

        

        
           

        

      

    

     

    9.           Entire
Agreement.  This Agreement constitutes the entire agreement of
the parties regarding the subject matter hereof, and supersede all prior
agreements and understanding, both written and oral, among the parties, or any
of them, with respect to the agreement of DeGori consulting with
Rick’s.

    

    10.           Severability.  If any provision
of this Agreement is held to be illegal, invalid or unenforceable under present
or future laws effective during this Agreement, such provision will be fully
severable and this Agreement will be construed and enforced as if such illegal,
invalid or unenforceable provision never comprised a part hereof; and the
remaining provisions hereof will remain in full force and effect and will not be
affected by the illegal, invalid or unenforceable provision or by its severance
herefrom.  Furthermore, in lieu of such illegal, invalid or
unenforceable provision there will be added automatically as part of this
Agreement a provision as similar in its terms to such illegal, invalid or
unenforceable provision as may be possible and be legal, valid and
enforceable.

    

    11.           Captions.  The captions in
this Agreement are for convenience of reference only and will not limit or
otherwise affect any of the terms or provisions hereof.

    

    12.           Gender
and Number.  When the context
requires, the gender of all words used herein will include the masculine,
feminine and neuter and the number of all words will include the singular and
plural.

    

    13.           Counterparts
and Facsimiles.  This Agreement may be executed in multiple
counterparts and in any number of counterparts, each of which shall be deemed an
original but all of which taken together shall constitute and be deemed to be
one and the same instrument and each of which shall be considered and deemed an
original for all purposes.  This Agreement shall be effective with the
facsimile signature of any of the parties set forth below and the facsimile
signature shall be deemed as an original signature for all purposes and the
Agreement shall be deemed as an original for all purposes.

    

    14.           Law
Governing Non-Competition Agreement.  This Agreement
shall be governed by, and construed in accordance with, the laws of the State of
Nevada, without regard to principles of conflict of laws.  In any
action between the Parties, each of the Parties consents to the exclusive
jurisdiction and venue of the federal and state courts located in Clark County,
Nevada.

    

    15.           Contract
Terms to be Exclusive.  This Agreement
contains the sole and entire agreement between the parties and shall supersede
any and all other agreements between the parties with respect to the agreement
of DeGori consulting with Rick’s.

    

    16.           Binding
Effect.  Except as
otherwise provided herein, this Agreement shall be binding upon and inure to the
benefit of the parties hereto and their respective successors and
assigns.

    

    
      
        
           

        

        
          Consulting
Agreement - Page 4

          
            

          

        

        
           

        

      

    

    

    IN WITNESS WHEREOF, the
parties hereto have duly executed this Agreement effective as of the day and
year first above written.

    

    

    
      	 
      	
              RICK’S
      CABARET INTERNATIONAL, INC.:

            
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
              By:

            	
              /s/ Eric Langan

            
	 
      	 
      	
              Eric
      Langan, President

            
	 
      	 
      	
              Dated:
      9-4-08

            
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
              CONSULTANT:

            
	 
      	 
      	 
      
	 
      	
              By:

            	
              /s/ Dennis DeGori

            
	 
      	 
      	
              Dennis
      DeGori

            
	 
      	 
      	
              Dated:
      9-4-08

            

    

    

    
Consulting Agreement - Page
5ex10_6.htm

    
      

    

    Exhibit
10.6

    

    NON-COMPETITION
AGREEMENT

    

    This
Non-Competition Agreement dated  September 4, 2008 (the
"Non-Competition Agreement"), is by and among Rick’s Cabaret International,
Inc., a Texas corporation, (“Rick’s”),  its wholly owned subsidiary,
RCI Entertainment (Las Vegas), Inc., a Nevada corporation (the “Buyer”) and
Frank Lovaas (“Lovaas”).

    

    W
I T N E S S E T H:

    

    WHEREAS, the parties entered
into an Asset Purchase Agreement dated April 17, 2008 , as subsequently amended
(the “Asset Purchase Agreement”), between the Buyer, Rick’s, DI Food and
Beverage of Las Vegas, LLC, a Nevada limited liability company (the “Seller”)
and Harold Danzig (“Danzig”), Dennis DeGori (“DeGori”) and Lovaas pursuant to
which Buyer will acquire substantially all of the assets of Seller in accordance
with the terms and conditions thereof (the “Transaction”); and

    

    WHEREAS, Seller owns and
operates an adult entertainment cabaret known as “SCORES” (“SCORES” or the
“Business”), located at 3355 Procyon Street, Las Vegas, Nevada 89102 (the “Real
Property”); and

    

    WHEREAS, pursuant to the terms
and condition of the Asset Purchase Agreement, Seller has agreed to sell to
Buyer all of the assets related to the Business (the “Acquisition”);
and

    

    WHEREAS, Lovaas is a member of
the Seller and will benefit from the Transaction; and

    

    WHEREAS, in connection with
the Transaction, Buyer has agreed to pay Seller consideration as more fully
described in the Asset Purchase Agreement; and

    

    WHEREAS, Buyer and Rick’s
require that Lovaas enter into this Non-Competition Agreement as a condition to
Buyer and Rick’s entering into the Transaction; and

    

    WHEREAS, Lovaas agrees to
enter into this Non-Competition Agreement in consideration of acts and payments
on the part of Buyer and Rick’s as contemplated by the Transaction and by this
Non-Competition Agreement; and

    

    WHEREAS, all terms not defined
herein shall have the meaning set forth in the Asset Purchase
Agreement.

    

    NOW, THEREFORE, in
consideration of the premises, the closing of the Transaction and other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties agree as follows:

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    1.           Definitions.  "Trade
Secrets and other proprietary and confidential information" mean and consist of,
for example, and not intending to be inclusive, (i) methods of doing business;
(ii) financial information, consisting of financial cost, and sales data and
other information of SCORES; (iii) personnel information of SCORES; (iv) lists,
whether written or in electronic form, of customers and accounts, contracts,
sales information, pricing lists, vendor and supplier lists of SCORES; and (v)
other information of a confidential nature of SCORES which must remain
confidential for the continuing success of SCORES and of the
Buyer.  Confidential information shall not include information
available to the public through no fault of Lovaas or information required to be
disclosed by court order.

    

    2.           Non-Disclosure and
Confidentiality Covenants.  Lovaas acknowledges that the
SCORE=s
Trade Secrets and other proprietary and confidential information of SCORES, as
they may exist from time to time, are valuable, special and unique assets of the
SCORES's business.  Additionally, Lovaas acknowledges that the
business goodwill and business contacts of  SCORES are being sold,
transferred and conveyed to the Buyer and will become the sole property of the
Buyer and are among the most valuable business assets being sold, transferred
and conveyed to Buyer.  Therefore, in consideration of the mutual
promises herein contained, and for other good and valuable consideration, the
receipt and sufficiency of which is hereby acknowledged, and to protect the
foregoing valuable property of SCORES, Lovaas expressly covenants and agrees as
follows:

    

    Lovaas
will not:

    

    (1)           Disclose,
directly or indirectly, the SCORE's Trade Secrets and other proprietary and
confidential information, or any part thereof, to any person, firm, corporation,
association or other entity for any reason or purpose whatsoever;
or

    

    (2)           Directly
or indirectly use any of the SCORE's Trade Secrets and other proprietary and
confidential information, or any part thereof, for his own purpose or for his
own benefit in any activity of any nature whatsoever.

    

    3.           Covenant
Not to Compete.  For a period of twelve (12) months after the
date of execution of this Non-Competition Agreement (the “Term”), Lovaas
specifically agrees that he will not, for himself, on behalf of or in
conjunction with any person, firm, corporation or entity (either as principal,
employee, shareholder, member, director, officer, partner, consultant, owner or
part owner of any corporation, partnership or any type of business entity),
directly or indirectly, whether for compensation or not, compete
with  Rick’s or Buyer or any of Rick’s subsidiaries or affiliates, or
the club known as SCORES by owning or sharing in the earnings of, carrying on,
managing, operating, controlling, being engaged in, rendering services to,
soliciting customers for, participating in or otherwise being connected with,
any business engaged in the operation of an establishment providing live female
nude or semi-nude adult entertainment in Clark County, Nevada, or any of its
surrounding counties; provided, however, that this Non-Competition Agreement
shall specifically exclude the Penthouse Club and the Bada Bing Club located in
Clark County, Nevada.

    

    4.           Covenant
of Non-Solicitation and Employment of Employees and Independent
Contractors.  During the Term hereof, Lovaas agrees not to
solicit or induce or attempt to solicit or induce any employee, independent
contractor, or agent or consultant of Buyer, Rick’s or SCORES or any entity
which is affiliated with the Buyer, Rick’s or SCORES to leave his or her
employment or terminate his or her agreement or relationship or independent
contractor relationship with the Buyer, Rick’s or SCORES or any entity which is
affiliated with any of them.

    
      
         

      

      
        Non-Competition
Agreement - Page 2

        
          

        

      

      
         

      

    

    5.           Acknowledgments
and Agreements of Lovaas.  Lovaas
acknowledges and agrees that:

    

    
      	
               
      

            	
              (a)

            	
              Due
      to the nature of Rick’s and Buyer’s business, the foregoing covenants
      place no greater restraint upon Lovaas than is reasonably necessary to
      protect the business and goodwill of Rick’s or the
  Buyer;

            

    

    

    
      	
               
      

            	
              (b)

            	
              These
      covenants protect a legitimate interest of Rick’s and the Buyer and do not
      serve solely to limit Rick’s and the Buyer’s future
      competition;

            

    

    

    
      	
               
      

            	
              (c)

            	
              This
      Non-Competition Agreement is not an invalid or unreasonable restraint of
      trade;

            

    

    

    
      	
               
      

            	
              (d)

            	
              A
      breach of these covenants by Lovaas would cause irreparable damage to
      Rick’s and Buyer;

            

    

    

    
      	
               
      

            	
              (e)

            	
              These
      covenants will not preclude Lovaas from becoming gainfully employed
      following the closing of the Asset Purchase
  Agreement;

            

    

    

    
      	
               
      

            	
              (f)

            	
              These
      covenants are reasonable in scope and are reasonably necessary to protect
      Rick’s and the Buyer’s business and goodwill and valuable and extensive
      trade which Rick’s has established through its own expense and
      effort;

            

    

    

    
      	
               
      

            	
              (g)

            	
              The
      signing of this Non-Competition Agreement is necessary as part of the
      consummation of the Transaction previously discussed;
  and

            

    

    

    
      	
               
      

            	
              (h)

            	
              Lovaas
      has carefully read and considered all provisions of this Non-Competition
      Agreement and agrees that all of the restrictions set forth are fair and
      reasonable and are reasonably required for the protection of the interests
      of Rick’s and the Buyer.

            

    

    

    6.           Remedies,
Injunction.  In the event of
an actual breach of any provisions of this Non-Competition Agreement by Lovaas,
Lovaas agrees that Rick’s and the Buyer shall be entitled to a temporary
restraining order, preliminary injunction and/or permanent injunction
restraining and enjoining Lovaas from violating the provisions
herein.  Nothing in this Non-Competition Agreement shall be construed
to prohibit Rick’s or Buyer from pursuing any other available remedies for such
breach, including, without limitation, the recovery of damages, including
actual, indirect, incidental, consequential or punitive damages or lost or
imputed profits from Lovaas.  Lovaas further agrees that, for the
purpose of any such injunction proceeding, it shall be presumed that Rick’s and
the Buyer’s legal remedies would be inadequate and that Rick’s and the Buyer
would suffer irreparable harm as a result of any violation of the provisions of
this Non-Competition Agreement by Lovaas.

    

    7.           Severability.  In the event that
any of the provisions of this Non-Competition Agreement are held to be invalid
or unenforceable in whole or in part, those provisions to the extent enforceable
and all other provisions shall nevertheless continue to be valid and enforceable
as though the invalid or unenforceable parts had not been included in this
Non-Competition Agreement.  In the event that any provision relating
to the time period or scope of a restriction shall be declared by a court of
competent jurisdiction to exceed the maximum time period or scope such court
deems reasonable and enforceable, then the time period or scope of the
restriction deemed reasonable and enforceable by the court shall become and
shall thereafter be the maximum time period or the applicable scope of the
restriction.  Lovaas further agrees that such covenants and/or any
portion thereof are severable, separate and independent, and should any specific
restriction or the application thereof, to any person, firm, corporation, or
situation be held to be invalid, that holding shall not affect the remainder of
such provisions or covenants.

     

    
      
        
        

      

      
        Non-Competition
Agreement - Page 3

        
          

        

      

      
        
        

      

    

     

    8.           General
Provisions.

    

    
      	
               
      

            	
              (a)

            	
              Notices.  Any
      notices to be given hereunder by either party to the other may be effected
      either by personal delivery in writing or by mail, registered or
      certified, postage prepaid with return receipt requested or by a
      recognized overnight delivery service.  Mailed notices shall be
      addressed to the parties at the addresses set forth below, but each party
      may change their address by written notice in accordance with this
      Paragraph (a).  Notices delivered person­ally shall be
      deemed communicated as of actual receipt; mailed notices shall be deemed
      communicated as of three (3) days after mailing; and overnight delivery
      service shall be deemed delivered one (1) day after depositing with the
      overnight delivery service.

            

    

    

    
      
        	
                 
      

              	
                If
      to Rick’s or Buyer:

              	
                Eric
      Langan, President

              

      

      10959
Cutten Road

      Houston,
Texas 77066

      

      
        	
                 
      

              	
                With
      a copy to:

              	
                Mr.
      Robert D. Axelrod

              

      

      Axelrod,
Smith & Kirshbaum

      5300
Memorial Drive, Suite 700

      Houston,
Texas 77007

      

      
        	
                 
      

              	
                If
      to Lovaas:

              	
                Frank
      Lovaas

              

      

      _____________________

      _____________________

      

      
        	
                 
      

              	
                With
      a copy to:

              	
                Aaron
      Lovaas

              

      

      Lovaas
& Lehtinen, P.C.

      3016 W.
Charleston Blvd., Suite 210

      Las
Vegas, Nevada 89102

    
      	
               
      

            	
              (b)

            	
              Law Governing Non-Competition
      Agreement and Venue.  This Non-Competition Agreement
      shall be governed by, and construed in accordance with, the laws of the
      State of Nevada, without regard to principles of conflict of
      laws.  In any action between the Parties, each of the Parties
      consents to the exclusive jurisdiction and venue of the federal and state
      courts located in Clark County,
Nevada.

            

    

    

    
      
        
        

      

      
        Non-Competition
Agreement - Page 4

        
          

        

      

      
        
        

      

    

    

    
      	
               
      

            	
              (c)

            	
              Execution.  This
      Agreement may be executed in two or more counterparts, all of which when
      taken together shall be considered one and the same agreement and shall
      become effective when counterparts have been signed by each party and
      delivered to the other party, it being understood that both parties need
      not sign the same counterpart.  In the event that any signature
      is delivered by facsimile transmission or by e-mail delivery of a “.pdf”
      format data file, such signature shall create a valid and binding
      obligation of the party executing (or on whose behalf such signature is
      executed) with the same force and effect as if such facsimile or “.pdf”
      signature page were an original
thereof.

            

    

    

    
      	
               
      

            	
              (d)

            	
              Contract Terms to be
      Exclusive.  This Non-Competition Agreement contains the
      sole and entire agreement between the parties and shall supersede any and
      all other agreements between the parties with respect to the agreement of
      Lovaas not to compete with Rick’s or the Buyer or
  SCORES.

            

    

    

    
      	
               
      

            	
              (e)

            	
              Waiver or Modification
      Ineffective Unless in Writing.  It is further agreed that
      no waiver or modification of this Non-Competition Agreement or of any
      covenant, condition, or limitation herein contained shall be valid unless
      in writing and duly executed by the party to be charged therewith and that
      no evidence of any waiver or modification shall be offered or received in
      evidence in any proceeding or litigation between the parties hereto
      arising out of or affecting this Non-Competition Agreement, or the rights
      or obligations of any party hereunder, unless such waiver or modification
      is in writing, duly executed as
aforesaid.

            

    

    

    
      	
               
      

            	
              (f)

            	
              Assignment.  The
      rights and benefits of Rick’s and the Buyer under this Non-Competition
      Agreement shall inure to the benefit of and be binding upon the successors
      and assigns of Rick’s and the Buyer.  The rights of Lovaas
      hereunder are personal and nontransferable except that the rights and
      benefits hereof shall inure to the benefit of the heirs, executors and
      legal representatives of Lovaas.

            

    

    

    
      	
               
      

            	
              (g)

            	
              Binding
      Effect.  Except as otherwise provided herein, this
      Non-Competition Agreement shall be binding upon and inure to the benefit
      of the parties hereto and their respective successors and
      assigns.

            

    

    

    

    [SIGNATURES
ON FOLLOWING PAGE]

    
      
         

      

      
        Non-Competition
Agreement - Page 5

        
          

        

      

      
         

      

    

    IN
WITNESS WHEREOF, this Non-Competition Agreement has been executed as of the 4th
day of September, 2008.

    

    

    
      	 
      	
              RICK’S
      CABARET INTERNATIONAL, INC.

            
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
              By

            	
              /s/ Eric Langan

            
	 
      	 
      	
              Eric
      Langan, President

            
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
              RCI
      ENTERTAINMENT (LAS VEGAS), INC.

            
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
              By:

            	
              /s/ Eric Langan

            
	 
      	 
      	
              Eric
      Langan, President

            
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
              /s/ Frank Lovaas

            
	 
      	
              Frank
      Lovaas, Individually

            

    

    

    
Non-Competition Agreement -
Page 6

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