BUYOUT AND TERMINATION AGREEMENT Among GREAT LAKES GAMING OF MICHIGAN, LLC, f/k/a GREAT LAKES OF MICHIGAN, LLC LAKES ENTERTAINMENT, INC. f/k/a LAKES GAMING, INC. LAKES GAMING AND RESORTS, LLC POKAGON PROPERTIES, LLC FILBERT LAND DEVELOPMENT, LLC...Buyout and Termination Agreement • July 5th, 2011 • Lakes Entertainment Inc • Services-miscellaneous amusement & recreation
THIS BUYOUT AND TERMINATION AGREEMENT (as the same may be amended from time to time, the “Agreement”) is made and entered into as of the 30th day of June, 2011 (the “Effective Date”), by and among GREAT LAKES GAMING OF MICHIGAN, LLC, (f/k/a GREAT LAKES OF MICHIGAN, LLC (“Great Lakes”), LAKES ENTERTAINMENT, INC. f/k/a LAKES GAMING, INC. (“Lakes”), LAKES GAMING AND RESORTS, LLC (“LG&R”), POKAGON PROPERTIES, LLC (“PPLLC”), FILBERT LAND DEVELOPMENT, LLC (“Filbert”), the POKAGON GAMING AUTHORITY (the “Authority”), and the POKAGON BAND OF POTAWATOMI INDIANS (together with any affiliate, agency, instrumentality, association or political subunit thereof, the “Band”). Each of the foregoing shall be referred to as a “Party” and collectively as the “Parties.”
