Exhibit 1 RIGHTS AGREEMENT Butler National CorporationRights Agreement • December 7th, 1998 • Butler National Corp • Wholesale-groceries, general line • Delaware
RIGHTS AGREEMENTRights Agreement • December 13th, 2016 • Butler National Corp • Services-miscellaneous amusement & recreation • Kansas
THIS RIGHTS AGREEMENT, dated as of August 2, 2011 is entered into between Butler National Corporation, a Kansas corporation (the "Company") and UMB Bank, N.A., a national banking corporation (the "Rights Agent").
ContractEmployment Agreement • June 22nd, 2022 • Butler National Corp • Services-miscellaneous amusement & recreation
THIS EMPLOYMENT AGREEMENT (“Agreement”) is entered into as of the 4th day of February 2020, by and between BUTLER NATIONAL CORPORATION, a Kansas corporation of Olathe, Kansas ('Employer"), and Joe A. Peters of Overland Park, Kansas ("Employee").
SEPARATION AND MUTUAL RELEASE AGREEMENTSeparation and Mutual Release Agreement • July 26th, 2023 • Butler National Corp • Services-miscellaneous amusement & recreation • Kansas
This Separation and Mutual Release Agreement (the “Agreement”) is entered into this 20th day of July, 2023 (“Agreement Date”), between Butler National Corporation, a Kansas corporation (the “Company”), Clark D. Stewart (“Employee”), and John M. Edgar, David B. Hayden, Bradley K. Hoffman, Tad M. McMahon, Joe A. Peters, Christopher J. Reedy, Craig D. Stewart, R. Warren Wagoner (the “Directors and Officers”). The Company, Employee and Directors and Officers will be collectively referred to hereinafter as the “Parties”.
First Amendment to Employment AgreementAmendment to Employment Agreement • October 5th, 2023 • Butler National Corp • Services-miscellaneous amusement & recreation
This agreement shall constitute an amendment (“Amendment”), dated as of October 4, 2023, between Butler National Corporation (“Employer”) and Tad M. McMahon (“Employee”) to that certain Employment Agreement, dated as of February 4, 2020, between Employee and Employer (the “Employment Agreement”). Capitalized terms used but not defined in this Amendment shall have the meanings ascribed to them in the Employment Agreement.
THIRD AMENDMENT TO LOTTERY GAMING FACILITY MANAGEMENT CONTRACTManagement Contract • December 9th, 2019 • Butler National Corp • Services-miscellaneous amusement & recreation
This THIRD AMENDMENT TO LOTTERY GAMING FACILITY MANAGEMENT CONTRACT (the “Third Amendment”), is made effective as of December 15, 2019, by and among BHCMC, LLC and BNSC (“Manager”) and the Kansas Lottery on behalf of the State of Kansas (“State” or “Lottery”).
Exhibit 10.1 FINANCIAL CONSULTING AGREEMENT THIS AGREEMENT is made and entered into as of this 28th day of October, 1997, and is made by and between Worldwide Corporate Finance, a California corporation (hereinafter, "Consultant") and Butler National...Financial Consulting Agreement • December 23rd, 1997 • Butler National Corp • Wholesale-groceries, general line • Delaware
FIRST AMENDMENT TO LOTTERY GAMING FACILITY MANAGEMENT CONTRACTManagement Contract • September 14th, 2012 • Butler National Corp • Services-miscellaneous amusement & recreation
THIS FIRST AMENDMENT TO LOTTERY GAMING FACILITY MANAGEMENT CONTRACT (the “Amendment”), is made effective as of the dates executed by the patties below, by and among Butler National Service Corporation (“BNSC”), its affiliates and assigns, and the Kansas Lottery on behalf of the State of Kansas as detailed below.
SETTLEMENT AGREEMENT AND RELEASE Marvin J. Eisenbath ("Marvin"), Donna Eisenbath, MJE, Inc. ("MJE") and Eisenbath Properties (collectively, Marvin, Donna, Eisenbath Properties and MJE are referred to herein as "Eisenbath") and Butler National...Settlement Agreement and Release • August 1st, 1997 • Butler National Corp • Wholesale-groceries, general line • Missouri
LEASE Between BHC Development, L.C. LANDLORD and Butler National Service Corporation TENANT For the Property located At Hwy 50 Bypass and Comanche Road, Ford County, Dodge City, Kansas April 30th , 2009Lease Agreement • March 14th, 2013 • Butler National Corp • Services-miscellaneous amusement & recreation • Kansas
This Lease and Option Agreement (the “Lease”) is entered into by and between BHC Development, L.C., a Kansas limited liability company (“Landlord”), and Butler National Service Corporation, a Kansas corporation (“Tenant”), effective as of the ____ day of April 30th, 2009 (“Effective Date”).
MANAGEMENT AGREEMENT AMENDMENT NO. THREE – OCTOBER 19, 2009Butler National Corp • September 14th, 2012 • Services-miscellaneous amusement & recreation
This Amendment No. THREE entered into on the 19th day of October, 2009, at Miami, Oklahoma by the parties of the Management Agreement dated December 12, 1996, approved by the NIGC on January 14, 1997 which was amended by Amendment No. ONE dated April 30, 2003 with NIGC approval dated September 5, 2003 and by Amendment No. TWO dated November 30, 2006 with NIGC approval dated March 20, 2007. The parties to this Amendment No. 3, as defined in the Management Agreement, are the “Modoc Tribe”, hereafter referred to as “Tribe”, and Butler National Service Corporation, hereafter referred to as “Manager”; and for approval by the National Indian Gaming Commission hereafter referred to as “Commission”.
AMENDMENT AND EXTENSION TO EMPLOYMENT AGREEMENTEmployment Agreement • July 26th, 2013 • Butler National Corp • Services-miscellaneous amusement & recreation
THIS EMPLOYMENT AGREEMENT AMENDMENT AND EXTENSION is entered into and effective as of the 8th day of March 2011, by and between BUTLER NATIONAL CORPORATION, a Kansas corporation (“Employer”) and CLARK D. STEWART of Olathe, Kansas.
RELEASE AND SEVERANCE AGREEMENT BETWEEN ANGELA SHINABARGAR AND BUTLER NATIONAL CORPORATIONRelease and Severance Agreement • December 13th, 2013 • Butler National Corp • Services-miscellaneous amusement & recreation
Angela Shinabargar (hereinafter referred to as "Shinabargar") and Butler National Corporation (hereinafter referred to as "Butler") are entering into this Agreement freely and voluntarily in exchange for their respective promises and agreements in this document. Shinabargar and Butler agree that:
First Amendment to Employment AgreementAmendment to Employment Agreement • October 5th, 2023 • Butler National Corp • Services-miscellaneous amusement & recreation
This agreement shall constitute an amendment (“Amendment”), dated as of October 4, 2023, between Butler National Corporation (“Employer”) and Joe A. Peters (“Employee”) to that certain Employment Agreement, dated as of February 4, 2020, between Employee and Employer (the “Employment Agreement”). Capitalized terms used but not defined in this Amendment shall have the meanings ascribed to them in the Employment Agreement.
LOTTERY SPORTS WAGERING MANAGEMENT CONTRACT (Pursuant to the Kansas Expanded Lottery Act, and amendments thereto)Management Contract • August 18th, 2022 • Butler National Corp • Services-miscellaneous amusement & recreation • Kansas
This Agreement is between the Kansas Lottery, which is acting on behalf of the State of Kansas in accordance with the Kansas Expanded Lottery Act, K.S.A. 74-8733 through 74-8773 and amendments thereto, including, but not limited to 2022 House Substitute for Senate Bill 84 (“SB84”) as it becomes law, and Butler National Service Corporation (“BNSC”) and BHCMC, LLC (“BHCMC”) shall be referred to as “Manager”, and Kansas Lottery and BNSC and BHCMC shall be collectively referred to as the “Parties”.
MANAGEMENT AGREEMENT AMENDMENT NO. FOUR-SEPTEMBER 22, 1011Management Agreement • September 14th, 2012 • Butler National Corp • Services-miscellaneous amusement & recreation
This Amendment No. FOUR entered into on the 22nd day of September, 2011, at Miami, Oklahoma by the parties of the Management Agreement dated December 12, 1996, approved by the NIGC on January 14, 1997 which was amended by Amendment No. ONE dated April 30, 2003 with NIGC approval dated September 5, 2003, and Amendment No. TWO dated November 30, 2006 with NIGC approval dated March 20, 2007, and Amendment No. 3 dated February 3, 2011 and received by the NIGC on February 10, 2011. The parties, as defined in the Management Agreement are now the Modoc Tribe of Oklahoma hereafter referred to as the “Modoc Tribe” or “Tribe” and Butler National Service Corporation hereafter referred to as “Manager”; and for approval by the National Indian Gaming Commission hereafter referred to as “Commission”.
MANAGEMENT AGREEMENT AMENDMENT NO. ONE – April 30, 2003Management Agreement • September 14th, 2012 • Butler National Corp • Services-miscellaneous amusement & recreation
This Amendment No. ONE entered into on the 30th day of April, 2003, at Miami, Oklahoma by the parties of the Management Agreement dated December 12, 1996, approved by the NIGC on January 14, 1997. The parties, as defined in the Management Agreement are the “Modoc Tribe”; and the “Miami Tribe”; and as joint venture partners hereafter referred to as “Tribe”; and Butler National Service Corporation hereafter referred to as “Manager”; and for approval the National Indian Gaming Commission hereafter referred to as “Commission”.
RENEWAL OF LOTTERY GAMING FACILITY MANAGEMENT CONTRACT (Pursuant to the Kansas Expanded Lottery Act)Butler National Corp • December 9th, 2019 • Services-miscellaneous amusement & recreation • Kansas
This RENEWAL OF LOTTERY GAMING FACILITY MANAGEMENT CONTRACT (“Agreement”) is for the management of a Lottery Gaming Facility, the business of which will be owned and operated by the Kansas Lottery, located in the Southwest Kansas Gaming Zone (“Southwest Zone”).
BILL OF SALEPledge Agreement • May 2nd, 2013 • Butler National Corp • Services-miscellaneous amusement & recreation • Kansas
THIS BILL OF SALE is made and entered into this 30th day of April, 2013, by and between Butler National Services, Inc., a Florida corporation (hereinafter referred to as “Seller”) and Beadle Enterprises LLC, a Florida limited liability company (hereinafter referred to as “Buyer”).
ContractStock Purchase Agreement • September 28th, 2010 • Butler National Corp • Aircraft • Kansas
Exhibit 10.1 STOCK PURCHASE AGREEMENT THIS AGREEMENT is dated the 30th day of August, 2010, and entered into by and between Gary Morris of Spring Hill, Kansas, and David B. Hayden of Spring Hill, Kansas, ("Sellers"), and Butler National Corporation, a Kansas corporation, or its assigns ("Buyer"). WHEREAS, Sellers desire to sell all of the issued and outstanding capital stock of Kings Avionics, Inc., a Kansas corporation ("Corporation"), and Buyer is willing to acquire such interest of Sellers, all in accordance with the following agreement; 1. NOW, THEREFORE, in consideration of the mutual promises herein made, Sellers and Buyer represent, warrant and agree as follows: SALE AND PURCHASE OF STOCK. At the closing to be held on the Closing Date (as hereinafter defined): 1.1 Sale of Shares. Sellers shall sell to Buyer and Buyer shall purchase from Sellers all of the outstanding Capital Stock (as hereinafter defined) of the Corporation, said shares of Capital Stock (the "Sha
MANAGEMENT AGREEMENT AMENDMENT NO. TWO - November 30, 2006Management Agreement • September 14th, 2012 • Butler National Corp • Services-miscellaneous amusement & recreation
This Amendment No. TWO entered into on the 1st day of January, 2007, at Miami, Oklahoma by the parties of the Management Agreement dated December 12, 1996, approved by the NIGC on January 14, 1997 which was amended by Amendment No. ONE dated April 30, 2003 with NIGC approval dated September 5, 2003. The parties, as defined in the Management Agreement are the “Modoc Tribe”; and the “Miami Tribe”; and as joint venture partners hereafter referred to as “Tribe”; and Butler National Service Corporation hereafter referred to as “Manager”; and for approval by the National Indian Gaming Commission hereafter referred to as “Commission”.
LOAN AGREEMENTLoan Agreement • July 29th, 2015 • Butler National Corp • Services-miscellaneous amusement & recreation • Kansas
THIS LOAN AGREEMENT is made as of the day of April 29, 2015, by and between BHCMC, L.L.C., a Kansas limited liability company with its principal offices in Olathe, Kansas ("Borrower"), and KS StateBank, (formerly known as Kansas State Bank of Manhattan), a Kansas banking corporation with offices in Manhattan, Kansas ("Lender").
LEASELease • September 14th, 2012 • Butler National Corp • Services-miscellaneous amusement & recreation
This Lease (“Lease”) is entered into by and between BHCMC, L.L.C., a Kansas limited liability company, as “Tenant”, and BHC Investment Company, L.C., a Kansas limited liability company, as “Landlord” effective as of the 1st day of May, 2011 (“Effective Date”).
AMENDMENT ONE TO RIGHTS AGREEMENTRights Agreement • July 26th, 2021 • Butler National Corp • Services-miscellaneous amusement & recreation • Kansas
THIS AMENDMENT ONE TO RIGHTS AGREEMENT (this “Amendment”), dated as of July 22, 2021 is entered into between Butler National Corporation, a Kansas corporation (the “Company”) and UMB Bank, N.A., a national banking corporation (the “Rights Agent”).
LOAN AGREEMENTLoan Agreement • March 12th, 2021 • Butler National Corp • Services-miscellaneous amusement & recreation • Kansas
THIS LOAN AGREEMENT ("Agreement"), dated December 17, 2020, is executed by and among Academy Bank, N.A., 1111 Main Street, Suite 1600, Kansas City, Missouri 64105 (together with its successors and assigns, "Lender"), and the following parties, both of whom share an address of 19920 West 161st Street, Olathe, Kansas 66062 (each separately, a “Borrower”, and collectively, “Borrowers”):
SALE AND PURCHASE AGREEMENT FOR PREFERRED MEMBERSHIP INTEREST UNITS IN BHCMC, L.L.C.Sale and Purchase Agreement • October 20th, 2021 • Butler National Corp • Services-miscellaneous amusement & recreation • Kansas
THIS SALE AND PURCHASE AGREEMENT FOR PREFERRED MEMBERSHIP INTEREST UNITS IN BHCMC L.L.C. (this "Agreement") is made as of September 13, 2021, by and between BHC Investment Company, L.C., a Kansas limited liability company ("BHC INV" or "Seller"), and Butler National Service Corporation, a Kansas corporation ("BNSC" or "Purchaser"). BHC INV and BNSC may be collectively referred to as the "Parties" herein.
LOAN MODIFICATION AGREEMENTLoan Modification Agreement • October 20th, 2021 • Butler National Corp • Services-miscellaneous amusement & recreation • Kansas
BHCRRE LLC, a Kansas limited liability company (individually, “Fee Owner”), and BHCMC, L.L.C., a Kansas limited liability company (individually, “Manager”, and collectively with Fee Owner, “Borrowers”),
RESTRICTED STOCK AGREEMENT UNDER THE BUTLER NATIONAL CORPORATIONRestricted Stock Agreement • April 17th, 2019 • Butler National Corp • Services-miscellaneous amusement & recreation • Kansas
THIS AGREEMENT, made as of April 12, 2019 by and between Butler National Corporation, a Kansas corporation (hereinafter called the “Company”), and [____________] (hereinafter called the “Awardee”).
ContractJoint Filing Agreement • August 2nd, 2023 • Butler National Corp • Services-miscellaneous amusement & recreation
Joint Filing Agreement (incorporated by reference to Exhibit 1 to the Amendment No. 1 to Schedule 13D filed by Zeff Capital, LP, Zeff Holding Company, LLC and Daniel Zeff on August 23, 2018).
LOTTERY GAMING FACILITY MANAGEMENT CONTRACT (Pursuant to the Kansas Expanded Lottery Act)Assumption and Adoption Agreement • September 14th, 2012 • Butler National Corp • Services-miscellaneous amusement & recreation • Kansas
WHEREAS, the City of Dodge City (“City”) and Ford County have undertaken an aggressive economic development program described as the Why Not Dodge development project, the purpose and intent of which is to attract tourists, visitors, conventions and meetings to the City and the Ford County area involving the construction of various entertainment and recreational facilities including facilities and programs, the primary purpose of which would be to enhance, improve and foster the nationally recognized western heritage of the area, thereby broadening, diversifying and enhancing the economic base of Ford County and the City economy; and
SETTLEMENT AGREEMENT AND RELEASE Brenda Shadwick ("Shadwick") and Butler National Corporation ("Butler"), Avcon Industries, Inc., Woodson Avionics, Inc., R F, Inc., Butler National Service Corporation, Butler National Services Inc., Butler Temporary...Settlement Agreement and Release • August 1st, 1997 • Butler National Corp • Wholesale-groceries, general line • Kansas
