Progressive Gaming International Corporation – Asset Purchase Agreement (August 9th, 2005)
THIS ASSET PURCHASE AGREEMENT (this Agreement) is made and entered into as of the 2nd day of May, 2005, by and among MSG ACQUISITION, LLC, a Delaware limited liability company (the Buyer) and MIKOHN GAMING CORPORATION D/B/A PROGRESSIVE GAMING INTERNATIONAL CORPORATION, a Nevada corporation (the Seller).
Progressive Gaming International Corporation – Summary of Registrants 2005 Incentive Compensation Plan (May 10th, 2005)
For Mr. Russel McMeekin, President and Chief Executive Officer, Mr. Michael A. Sicuro, Executive Vice President, Chief Financial Officer, Treasurer and Secretary and Mr. Mike Dreitzer, Executive Vice President and General Counsel, the 2005 Incentive Compensation Plan provides certain target levels for revenue, EBITDA and earnings per share which, if reached, would result in bonus awards, as well as specific stock option grants and restricted stock awards (with the exception that Mr. Dreitzers plan did not contemplate a grant of restricted stock). For Mr. McMeekin, the cash bonus award would be either 60% or 125% of his base salary, for Mr. Sicuro 60% or 100% and for Mr. Dreitzer 60% or 80%.
Progressive Gaming International Corporation – Amended and Restated Employment Agreement (August 16th, 2004)
THIS EMPLOYMENT AGREEMENT (AGREEMENT) is made and entered into on August 10, 2004 by and between MIKOHN GAMING CORPORATION, a Nevada corporation (MIKOHN), and ROBERT PARENTE (Employee).