AMENDMENT NUMBER TWO TO
AGREEMENT DATED DECEMBER 30, 1993
XXX HOUSTON RACE PARK, LTD
THIS AMENDMENT AGREEMENT made this 1st day of November 1998 by
and between INTERNATIONAL SOUND CORPORATION, a Maryland corporation,
having its principal place of business located at 0000 Xxxxxxx
Xxxxxxxxxx Xxxx, Xxxxxxxxx, Xxxxxxxx 00000 and XXX HOUSTON RACE PARK,
LTD., Limited Partnership in the State of Texas, having its principal
place of business located at Xxx Houston Race Park, Houston, Texas,
hereinafter sometimes referred to as "Xxx Houston".
1. Having executed an Agreement dated December 30, 1993 and
Amendment Number one dated June 1, 1997, the parties hereby agree to
extend the term of said Agreement an Amendment One to include all
racing meets during the period beginning November 1, 1998 and ending
on December 31, 2003, and to include those amendments listed below.
The underlying Agreement, Amendment Number One and this Amendment
Agreement Number Two will terminate December 31, 2003.
2. Paragraph 1 is amended as follows:
15. One (1) RF head-end to consist of fifty-eight (58)
channels to include all satellite channels and off air
channels.
37. One (1) Beta video tape recorder, along with equipment
to incorporate the Beta recorder into the current
system.
38. Twenty-five (25) 35 inch color monitors to be located
as directed by the track.
39. Five (5) 55 inch projection televisions to be located
as directed by the track.
3. Paragraph 8 is amended as follows:
8. Subject to the termination provision herein stated this
Agreement shall remain in full force and effect for all
racing meets conducted at the aforementioned racetrack for
the years 1998 through 2003. In the event any racing
meet(s) or portion of any racing meet must be canceled
because of an emergency such as fire, or other catastrophe,
or governmental regulation due to war, the term of this
Agreement shall be extended beyond the last of the above-
mentioned years to include an amount of racing days in the
next succeeding year equivalent to the number theretofore
canceled.
6. Except as expressly stated herein, the Agreement and
Amendment Number One are not otherwise modified or amended
and remain in full force and effect.
IN WITNESS WHEREOF, the parties have executed this Amendment
Agreement as of the date first written above.
INTERNATIONAL SOUND CORPORATION
By: /S/ XXXXX XXXXXX
XXX HOUSTON RACE PARK, LTD.
By: /S/ XXXXXX X. XXXX
