STOCK PURCHASE AGREEMENT dated as of September 29, 2011 by and between Riviera Operating Corporation and Riviera Holdings Corporation, as Seller, Riviera Black Hawk, Inc., as the Company, Monarch Growth Inc., as Buyer and Monarch Casino & Resort,...Stock Purchase Agreement • October 4th, 2011 • Monarch Casino & Resort Inc • Hotels & motels • Nevada
THIS STOCK PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of September 29, 2011, by and among Riviera Operating Corporation, a Nevada corporation (“ROC”), and Riviera Holdings Corporation, a Nevada corporation (“RHC,” and, together with ROC, “Seller”), Riviera Black Hawk, Inc., a Colorado corporation (the “Company”), Monarch Growth Inc., a Nevada corporation (“Buyer”), and Monarch Casino & Resort, Inc., a Nevada corporation (“Parent”). Each of Seller, Buyer and Parent is sometimes referred to herein individually as a “Party” and collectively as the “Parties.” All obligations and liabilities of Seller under this Agreement or any agreement contemplated herein shall be joint and several. Capitalized terms used but not otherwise defined herein shall have the respective meanings set forth in Section 10.1.
