PLEDGE AGREEMENT THIS PLEDGE AGREEMENT, dated as of June 16, 2004, by and between Raymond Parello (the "Pledgor") and Orion Casino Corporation (the "Pledgee"), W I T N E S S E T H: - - - - - - - - - - WHEREAS, Soffer/Cherry Hill Partners, Limited...Pledge Agreement • July 6th, 2004 • International Thoroughbred Breeders Inc • Services-racing, including track operation • Delaware
RECITALS2 Agreement • July 6th, 2004 • International Thoroughbred Breeders Inc • Services-racing, including track operation • Nevada
Exhibit 10.4 SHAREHOLDERS' AGREEMENT THIS SHAREHOLDERS' AGREEMENT, made as of June 16, 2004, by and among Palm Beach Empress, Inc., a Delaware Corporation (the "Corporation"), Raymond Parello ("Parello"), and MJQ Corporation, a Nevada corporation...Shareholders' Agreement • July 6th, 2004 • International Thoroughbred Breeders Inc • Services-racing, including track operation • Delaware
June 16, 2004 ORION CASINO CORPORATION c/o ITG Vegas, Inc. One East 11th Street, Suite 500 Riviera Beach, FL 33404 Attention: Mr. Francis W. Murray Dear Fran: This letter is intended to confirm our understanding with respect to (i) Orion Casino...International Thoroughbred Breeders Inc • July 6th, 2004 • Services-racing, including track operation
This letter is intended to confirm our understanding with respect to (i) Orion Casino Corporation's ("Orion") use of certain aircraft, and (ii) Cherry Hill at El Rancho LP's ("CHER") agreement to reimburse Orion for one-half of the costs of the $5 million loan made to Orion which was facilitated by CHER.
