0001193125-16-564256 Sample Contracts

MASTER LEASE
Master Lease • April 28th, 2016 • Gaming & Leisure Properties, Inc. • Real estate investment trusts • New York

This MASTER LEASE (the “Master Lease”) is entered into as of April 28, 2016, by and among Pinnacle Entertainment, Inc. (together with its permitted successors and assigns, “Landlord”), and Pinnacle MLS, LLC (together with its permitted successors and assigns, “Tenant”).

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SEPARATION AND DISTRIBUTION AGREEMENT BY AND BETWEEN PNK ENTERTAINMENT, INC. PINNACLE ENTERTAINMENT, INC. AND, SOLELY WITH RESPECT TO Article VIII, GAMING AND LEISURE PROPERTIES, INC. Dated April 28, 2016
Separation and Distribution Agreement • April 28th, 2016 • Gaming & Leisure Properties, Inc. • Real estate investment trusts • Delaware

This SEPARATION AND DISTRIBUTION AGREEMENT, dated as of April 28, 2016 (this “Agreement”), is by and between PNK Entertainment, Inc., a Delaware corporation (“OpCo”), Pinnacle Entertainment, Inc., a Delaware corporation (“Pinnacle”), and, solely with respect to Article VIII, Gaming and Leisure Properties, Inc., a Pennsylvania corporation (“GLPI”).

EMPLOYEE MATTERS AGREEMENT BY AND BETWEEN PNK ENTERTAINMENT, INC. AND PINNACLE ENTERTAINMENT, INC. Dated April 28, 2016
Employee Matters Agreement • April 28th, 2016 • Gaming & Leisure Properties, Inc. • Real estate investment trusts • Delaware

This EMPLOYEE MATTERS AGREEMENT (this “Agreement”), dated as of April 28, 2016 is by and between PNK Entertainment, Inc., a Delaware corporation (“OpCo”), and Pinnacle Entertainment, Inc., a Delaware corporation (“Pinnacle” and together with OpCo, the “Parties” and each a “Party”).

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