0001104659-23-088855 Sample Contracts

REGISTRATION RIGHTS AGREEMENT by and between PENN ENTERTAINMENT, INC., and ESPN, INC. Dated as of August 8, 2023
Registration Rights Agreement • August 8th, 2023 • PENN Entertainment, Inc. • Hotels & motels • New York

This REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is entered into as of August 8, 2023 (this “Agreement”), by and between PENN Entertainment, Inc., a Pennsylvania corporation (the “Company”), and ESPN, Inc., a Delaware corporation (the “Purchaser”). Capitalized terms used but not defined elsewhere herein are defined in Exhibit A. The Purchaser and any other Person that may become a party hereto pursuant to Section 4.1 are referred to collectively as the “Investors” and individually each as an “Investor”.

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INVESTMENT AGREEMENT by and between PENN ENTERTAINMENT, INC. and ESPN, INC. Dated as of August 8, 2023
Investment Agreement • August 8th, 2023 • PENN Entertainment, Inc. • Hotels & motels • New York

INVESTMENT AGREEMENT, dated as of August 8, 2023 (this “Agreement”), by and between PENN Entertainment, Inc., a Pennsylvania corporation (the “Company”), and ESPN, Inc., a Delaware corporation (the “Purchaser”).

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