0001104659-08-021321 Sample Contracts

INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • March 31st, 2008 • Southwest Casino Corp • Services-amusement & recreation services • Minnesota

THIS INCENTIVE STOCK OPTION AGREEMENT (the “Agreement”) is entered into and effective March 20, 2008 (the “Date of Grant”), by and between Southwest Casino Corporation (the “Company”) and Jeffrey S. Halpern (the “Optionee”).

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DIRECTOR STOCK OPTION AGREEMENT (NON-QUALIFIED STOCK OPTION)
Director Stock Option Agreement • March 31st, 2008 • Southwest Casino Corp • Services-amusement & recreation services • Minnesota

THIS DIRECTOR STOCK OPTION AGREEMENT (the “Agreement”) is entered into and effective March 20, 2008 (the “Date of Grant”), by and between Southwest Casino Corporation (the “Company”) and [Independent member of Board of Directors] (the “Optionee”).

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