0001104659-16-151206 Sample Contracts

EXECUTIVE AGREEMENT
Executive Agreement • October 20th, 2016 • Penn National Gaming Inc • Hotels & motels • Pennsylvania

This EXECUTIVE AGREEMENT (this “Agreement”) is entered into on this 19 day of October, 2016 and shall be effective as of January 1, 2017 (the “Effective Date”), by Penn National Gaming, Inc., a Pennsylvania corporation (the “Company”), and the senior executive who has executed this Agreement below (“Executive”).

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TRANSITION SERVICES AGREEMENT
Transition Services Agreement • October 20th, 2016 • Penn National Gaming Inc • Hotels & motels • Pennsylvania

This is a Transition Services Agreement (hereinafter referred to as the “Agreement”), dated as of October 19, 2016, between Saul V. Reibstein (hereinafter referred to as the “Employee”) and Penn National Gaming, Inc. and its affiliates (hereinafter referred to as the “Employer”). In consideration of the mutual promises and commitments made in this Agreement, and intending to be legally bound, Employee, on the one hand, and the Employer, on the other hand, agree to the terms set forth in this Agreement.

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