Agreement, dated this 10th day of July, 2001, by and among Viva Gaming
& Resorts Inc. ("Viva"), Viva Gaming & Resort de Mexico, S.A. de C.V. ("Viva
Mexico"), Viva Management LLC ("LLC"), Thomson Kernaghan & Co. Ltd. ("TK"), Xxxx
Xxxxxxx ("Xxxxxxx"), Phoenix Leisure, Inc. ("PLI"), Middlemarch Partners Ltd.
("Middlemarch"), Xxxxxx Xxx ("Xxxx. Sim"), Xxxxxxxxx Sim ("R. Sim"), Xxxx
Xxxxxxxx ("Xxxxxxxx"), Xxxx Holdings, Inc. ("Zana"), ABD Gaming Supply ("ABD"),
Xxxxx Xxxxxx Xxxxxx & Xxxxxxxx LLP ("Xxxxx"), Xxxxxxx Xxxxx ("Xxxxx"), X.X.
Xxxxx XxXxxxxx ("XxXxxxxx"), Xxxx X. Xxxxxx ("Xxxxxx"), Xxxx XxXxxxxx ("X.
XxXxxxxx"), Xxxxxxxx XxXxxxxx ("X. XxXxxxxx"), Xxxx Xxxxx ("Xxxxx") and Xxxxx La
Femina ("XxXxxxxx", and together with Viva, Viva Mexico, LLC, TK, Xxxxxxx, PLI,
Middlemarch, Xxxx. Sim, R. Sim, Xxxxxxxx, Xxxx, ABD, Sklar, Irwin, McDonald,
Nelson, X. XxXxxxxx, X. XxXxxxxx and Xxxxx, the "Transaction Parties").
The Transaction Parties hereby agree that in the event that all of the
components of the Gaming Machines that constitute all of the Assets under that
certain Gaming Equipment Purchase Agreement between ABD and PLI dated as of the
date hereof (the "Gaming Equipment Agreement"), are not delivered as
contemplated in that Gaming Equipment Agreement by August 31, 2001, all of the
Agreements executed by the Transaction Parties on the date hereof (with the
exception of this Agreement) shall be null and void.
[Signature Page to Follow]
Dated as of the date stated on the first page hereof.
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