April 15, 2005Premier Entertainment Biloxi LLC • April 22nd, 2005 • Services-miscellaneous amusement & recreation
ORIX Financial Services, Inc. (“Lender”) presents this commitment letter (“Commitment”) for a Senior Secured Reducing Line of Credit Facility (“Credit Facility”) to Premier Entertainment Biloxi, LLC, d/b/a Hard Rock Hotel & Casino Biloxi, and Premier Finance Biloxi Corp. (each individually referred to herein as a “Borrower” and collectively “Co-Borrowers”) for a loan or loans (collectively referred to herein as the “Loans”) in the aggregate amount up to Ten Million and 00/100 Dollars ($10,000,000.00) (“Loan Amount”) of which ORIX will contribute up to Seven Million Five Hundred Thousand and 00/100 Dollars ($7,500,000.00) and People’s Bank, Biloxi, Mississippi (“Co-Lender Participant”) will contribute up to Two Million Five Hundred Thousand and 00/100 Dollars ($2,500,000.00) pursuant to a commitment letter by and between ORIX and Co-Lender Participant dated as of April 11, 2005. The Credit Facility will be secured by a first and only priority perfected security interest to include, but
EMPLOYMENT AGREEMENTEmployment Agreement • March 23rd, 2005 • Premier Entertainment Biloxi LLC • Services-miscellaneous amusement & recreation • Mississippi
This Employment Agreement (this “Agreement”) is made and entered into as of the day of June, 2003 by and between Premier Entertainment LLC (the “Company”) and Joseph Billhimer (the “Employee”). Hereafter, the Company and the Employee may be collectively referred to as “Parties”.
