Required Tasks. The development and consulting services to be provided by the Executives during both the Development Phase and the Consulting Phase shall include (i) assisting the Company with operational and strategic business analysis and input, (ii) assisting the Company in connection with ministerial matters related to the Chapter 11 process which shall exclude, for the avoidance of doubt, matters related to the administration of the Filing Entities’ bankruptcy estates, and (iii) assisting the Company with on-line gaming and sportsbook negotiation and implementation, all at the request of the Company. In addition, the Executive shall have primary responsibility for assisting the Company with the following tasks (collectively, the “Required Tasks”): (a) substantial completion of currently-planned High Limit Slot Area/Players Lounge by May 31, 2013; (b) substantial completion of currently-planned HQ Day club by May 31, 2013; (c) substantial completion of the 3-meals per day restaurant by May 31, 2013; and (d) substantial completion of the Noodle Bar, additional Player’s Club location and wayfinding and merchandizing signage by May 31, 2013.
Appears in 2 contracts
Sources: Executive Transition Agreement (Revel AC, Inc.), Restructuring Support Agreement (Revel AC, Inc.)