0001193125-12-109920 Sample Contracts

CHURCHILL DOWNS INCORPORATED STOCK OPTION AGREEMENT
Stock Option Agreement • March 12th, 2012 • Churchill Downs Inc • Services-racing, including track operation • Kentucky

THIS STOCK OPTION AGREEMENT (“Agreement”) is made as of the 27th day of September, 2010, between Churchill Downs Incorporated, a Kentucky corporation, with its principal place of business at 700 Central Avenue, Louisville, Kentucky 40208 (“Company”), and Robert S. Evans (“Executive”).

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EMPLOYMENT AGREEMENT
Employment Agreement • March 12th, 2012 • Churchill Downs Inc • Services-racing, including track operation • Kentucky

THIS EMPLOYMENT AGREEMENT is made and entered into as of February 28, 2011 (“Employment Agreement”), between CHURCHILL DOWNS INCORPORATED, a Kentucky corporation (“Company”) and Alan Tse (“Tse”).

CHURCHILL DOWNS INCORPORATED RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • March 12th, 2012 • Churchill Downs Inc • Services-racing, including track operation • Kentucky

THIS RESTRICTED STOCK AGREEMENT (the “Agreement”) is made as of the day of , 20 by and between (“Participant”), who resides at , and Churchill Downs Incorporated (the “Company”), a Kentucky corporation with its principal place of business at 700 Central Avenue, Louisville, Kentucky 40208, pursuant to the provisions of the Churchill Downs Incorporated 2007 Omnibus Stock Incentive Plan (the “Plan”).

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