-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CXlGuMu8P9GjY9Z2QlPK+udse1TRowsbnBD82kgoDqmsOaluSxnGEjTSX8CqrFFD yq7gHH9uNJbOKXNWlQA6Zg== 0001193125-09-129248.txt : 20090611 0001193125-09-129248.hdr.sgml : 20090611 20090611132307 ACCESSION NUMBER: 0001193125-09-129248 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090603 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090611 DATE AS OF CHANGE: 20090611 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HARRAHS ENTERTAINMENT INC CENTRAL INDEX KEY: 0000858339 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] IRS NUMBER: 621411755 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-10410 FILM NUMBER: 09886491 BUSINESS ADDRESS: STREET 1: ONE CAESARS PALACE DRIVE CITY: LAS VEGAS STATE: NV ZIP: 89109 BUSINESS PHONE: 7024076000 MAIL ADDRESS: STREET 1: ONE CAESARS PALACE DRIVE CITY: LAS VEGAS STATE: NV ZIP: 89109 FORMER COMPANY: FORMER CONFORMED NAME: PROMUS COMPANIES INC DATE OF NAME CHANGE: 19920703 8-K/A 1 d8ka.htm AMENDMENT NO. 1 TO FORM 8-K Amendment No. 1 to Form 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K/A

(Amendment No. 1)

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

June 3, 2009

Date of Report (Date of earliest event reported)

Harrah’s Entertainment, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware    001-10410    62-1411755
(State of Incorporation)    (Commission File Number)    (IRS Employer
      Identification Number)
   One Caesars Palace Drive   
   Las Vegas, Nevada 89109   
   (Address of principal executive offices)
(Zip Code)
  

(702) 407-6000

(Registrant’s telephone number, including area code)

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


INTRODUCTORY NOTE

On June 3, 2009, Harrah’s Entertainment, Inc. (the “Registrant”) filed a Current Report on Form 8-K (the “Report”) with the Securities and Exchange Commission to report that its wholly owned subsidiary, Harrah’s Operating Company, Inc., entered into an amendment and waiver (the “Amendment”) to its credit agreement dated as of January 28, 2008. This Amendment No. 1 to the Current Report on Form 8-K/A amends Items 1.01 and 9.01 of the Report to include certain additional exhibits.

Section 1—Registrant’s Business and Operations

Item 1.01 Entry into a Material Definitive Agreement.

Amendment and Waiver to Credit Agreement

A copy of the Amendment, including all annexes thereto, is attached as Exhibit 10.1 to this Current Report on Form 8-K/A and is incorporated herein by reference.


Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

 

Exhibit No.

  

Description

10.1    Amendment and Waiver to Credit Agreement, dated as of June 3, 2009, among Harrah’s Operating Company, Inc., Harrah’s Entertainment, Inc., the lenders from time to time party thereto (the “Lenders”), Bank of America, N.A., as administrative agent, and the other parties party thereto.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

   HARRAH’S ENTERTAINMENT, INC.

Date: June 11, 2009

   By:    /s/ MICHAEL D. COHEN                        
      Michael D. Cohen
     

Vice President, Associate General Counsel

and Corporate Secretary


EXHIBIT INDEX

 

Exhibit No.

  

Description

10.1    Amendment and Waiver to Credit Agreement, dated as of June 3, 2009, among Harrah’s Operating Company, Inc., Harrah’s Entertainment, Inc., the lenders from time to time party thereto (the “Lenders”), Bank of America, N.A., as administrative agent, and the other parties party thereto.
EX-10.1 2 dex101.htm AMENDMENT AND WAIVER TO CREDIT AGREEMENT Amendment and Waiver to Credit Agreement

Exhibit 10.1

AMENDMENT AND WAIVER TO CREDIT AGREEMENT

AMENDMENT AND WAIVER, dated as of June 3, 2009 (this “Amendment and Waiver”), to the Credit Agreement, dated as of January 28, 2008 (as amended, amended and restated, modified or supplemented from time to time, the “Credit Agreement”), among Harrah’s Operating Company, Inc., a Delaware corporation (the “Borrower”), Hamlet Merger Inc., a Delaware corporation (“Holdings,” which was merged on January 28, 2008 with and into Harrah’s Entertainment, Inc.), the lenders from time to time party thereto (the “Lenders”), Bank of America, N.A., as administrative agent and collateral agent (in such capacity, the “Administrative Agent”), and the other parties named therein.

W I T N E S S E T H:

WHEREAS, Section 9.08 of the Credit Agreement permits the Administrative Agent and/or the Collateral Agent (with the consent of the Required Lenders) to enter into amendments, waivers, supplements or other modifications to the Credit Agreement and the other Loan Documents with the relevant Loan Parties; and

WHEREAS, the Loan Parties desire to amend the Credit Agreement and the other Loan Documents on the terms set forth herein.

NOW, THEREFORE, in consideration of the premises and covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound hereby, agree as follows:

ARTICLE I

Definitions

Section 1.1. Defined Terms. Terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement unless otherwise defined herein or the context otherwise requires.

ARTICLE II

Amendment

Section 2.1. Amendments.

(a) Section 1.1 of the Credit Agreement is hereby amended by inserting the following definitions in proper alphabetical order:

Acceptable Discount” shall have the meaning assigned to such term in Section 2.11(g)(iii).

Acceptance Date” shall have the meaning assigned to such term in Section 2.11(g)(ii).

Affiliate Lender” shall have the meaning assigned to such term in Section 9.24(a).


Amendment and Waiver Effective Date” shall mean the first date on which each of the conditions set forth in Section 3.1 of the June 2009 Amendment have been satisfied.

Applicable Discount” shall have the meaning assigned to such term in Section 2.11(g)(iii).

Applicable Facility Percentage” shall mean (i) with respect to the Revolving Facility, the percentage obtained by dividing (x) the aggregate amount of Revolving Facility Commitments then outstanding by (y) the sum of (A) the principal amount of all Term Loans outstanding and (B) the aggregate amount of Revolving Facility Commitments then outstanding and (ii) with respect to the Term Loans of any Class, the percentage obtained by dividing (x) the aggregate principal amount of all Term Loans of such Class then outstanding by (y) the sum of (A) the principal amount of all Term Loans outstanding and (B) the aggregate amount of Revolving Facility Commitments then outstanding.

Discount Range” shall have the meaning assigned to such term in Section 2.11(g)(ii).

Discounted Prepayment Option Notice” shall have the meaning assigned to such term in Section 2.11(g)(ii).

Discounted Voluntary Prepayment” shall have the meaning assigned to such term in Section 2.11(g)(i).

Discounted Voluntary Prepayment End Date” shall have the meaning assigned to such term in Section 2.11(g)(i).

Discounted Voluntary Prepayment Notice” shall have the meaning assigned to such term in Section 2.11(g)(v).

Extended Revolving Facility Commitment” shall have the meaning assigned to such term in Section 2.21(e).

Extended Term Loan” shall have the meaning assigned to such term in Section 2.21(e).

Extending Lender” shall have the meaning assigned to such term in Section 2.21(e).

Extension” shall have the meaning assigned to such term in Section 2.21(e).

First Lien Intercreditor Agreement” shall mean the Intercreditor Agreement substantially in the form of Exhibit H among the Administrative Agent, the Collateral Agent and the representatives for purposes thereof for any Other First Lien Secured Parties, as the same may be amended, supplemented, restated, modified or waived from time to time in accordance with the terms thereof.

First Lien Net Proceeds” shall mean (x) in the case of the Initial First Lien Notes, $1,064.0 million and (y) in all other cases, 100% (or 90% in the case of First Lien Refinancing Notes secured by a first priority Lien on the Collateral that is pari passu with the Lien securing the Obligations) of the cash proceeds from the incurrence, issuance or sale by the Borrower of First Lien Refinancing Notes, net of all taxes and fees (including investment banking fees), commissions, costs and other expenses, in each case incurred in connection with such issuance or sale.

 

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First Lien Net Proceeds Acceptance Date” shall have the meaning assigned to such term in Section 2.11(h)(ii).

First Lien Net Proceeds Lender Participation Notice” shall have the meaning assigned to such term in Section 2.11(h)(iii).

First Lien Net Proceeds Prepayment Offer Amount” shall have the meaning assigned to such term in Section 2.11(h)(ii).

First Lien Net Proceeds Prepayment Offer” shall mean an offer to prepay Term B-3 Loans made in accordance with the provisions of subclauses (ii) through (iv) of Section 2.11(h).

First Lien Net Proceeds Prepayment Offer Notice” shall have the meaning assigned to such term in Section 2.11(h)(ii).

First Lien Net Proceeds Offered Term Loans” shall have the meaning assigned to such term in Section 2.11(h)(iii).

First Lien Net Proceeds Prepayment Offer Date” shall have the meaning assigned to such term in Section 2.11(h)(iv).

First Lien Notes” shall mean (i) the Initial First Lien Notes, (ii) any Future First Lien Notes and (iii) any refinancing, refunding, renewal or extension of any Initial First Lien Notes, Future First Lien Notes or First Lien Notes; provided that in connection with any such refinancing, refunding, renewal or extension, (x) the principal amount of any such Indebtedness is not increased above the principal amount thereof outstanding immediately prior to such refinancing, refunding, renewal or extension (plus unpaid accrued interest and premium (including tender premiums) thereon and underwriting discounts, defeasance costs, fees, commissions and expenses), (y) such Indebtedness otherwise complies with the definition of Future First Lien Notes and does not mature before the First Lien Notes being refinanced and (z) if such Indebtedness is secured by Liens that are pari passu with the Liens securing the Obligations, the amount of such refinancing Indebtedness (including amounts attributable to amounts set forth in the parenthetical to subclause (x) above) does not exceed the principal amount of the Indebtedness being refinanced or have a higher yield than the Indebtedness being refinanced.

First Lien Obligations” shall mean the Obligations and the Other First Lien Obligations.

First Lien Refinancing Notes” shall mean the Initial First Lien Notes and any Future First Lien Notes incurred pursuant to Section 6.01(dd).

First Lien Secured Parties” shall mean the Secured Parties and the Other First Lien Secured Parties.

Future First Lien Notes” shall mean senior secured loans or notes of the Borrower issued for cash (which notes or loans may either be secured by a first priority Lien on the Collateral that is pari passu with the Lien securing the Obligations or may be secured by a Lien ranking junior to the Lien on the Collateral securing the Obligations) incurred after the Amendment and Waiver

 

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Effective Date (a) the terms of which do not provide for any scheduled repayment, mandatory redemption or sinking fund obligations prior to the Term B Facility Maturity Date (other than customary offers to repurchase upon a change of control, asset sale or event of loss and customary acceleration rights after an event of default), (b) the covenants, events of default, guarantees, collateral and other terms of which (other than interest rate and redemption premiums), taken as a whole, are not more restrictive to the Borrower and the Subsidiaries than those set forth in the Initial First Lien Notes Indenture; provided that a certificate of the Chief Financial Officer of the Borrower delivered to the Administrative Agent in good faith at least three Business Days (or such shorter period as the Administrative Agent may reasonably agree) prior to the incurrence of such Indebtedness, together with a reasonably detailed description of the material terms and conditions of such Indebtedness or drafts of the documentation relating thereto, stating that the Borrower has determined in good faith that such terms and conditions satisfy the foregoing requirement shall be conclusive evidence that such terms and conditions satisfy the foregoing requirement, and (c) of which no Subsidiary of the Borrower is a borrower or guarantor other than any Subsidiary Loan Party which shall have previously or substantially concurrently Guaranteed the Obligations. Notes issued by the Borrower in exchange for any Future First Lien Notes in accordance with the terms of a registration rights agreement entered into in connection with the issuance of such Future First Lien Notes shall also be considered Future First Lien Notes.

Initial First Lien Net Proceeds” shall mean First Lien Net Proceeds derived from the proceeds from the incurrence, issuance or sale of Initial First Lien Notes.

Initial First Lien Notes” shall mean the $1,375,000,000 in aggregate principal amount of the Borrower’s Senior Secured Notes due 2017 having terms substantially as set forth in the Initial First Lien Notes Offering Memorandum issued pursuant to the Initial First Lien Notes Indenture and any notes issued by the Borrower in exchange for, and as contemplated by, the Initial First Lien Notes and the related registration rights agreement with substantially identical terms as the Initial First Lien Notes.

Initial First Lien Notes Indenture” shall mean the Indenture to be entered into under which the Initial First Lien Notes will be issued, among Holdings, the Borrower and certain of the Subsidiaries party thereto and the trustee named therein from time to time, as amended, restated, supplemented or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement.

Initial First Lien Notes Offering Memorandum” shall mean the offering memorandum, dated May 27, 2009, in respect of the Initial First Lien Notes.

June 2009 Amendment” shall mean the Amendment and Waiver, dated as of June 3, 2009, to the Credit Agreement.

Lender Participation Notice” shall have the meaning assigned to such term in Section 2.11(g)(iii).

Offered Loans” shall have the meaning assigned to such term in Section 2.11(g)(iii).

Other First Lien Obligations” shall mean the “Other First Lien Obligations” as defined in the Collateral Agreement, including any interest accruing after commencement of any bankruptcy or insolvency proceeding with respect to any holder of Other First Lien Obligations whether or not allowed in such proceeding.

 

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Other First Lien Secured Parties” shall mean the “Other First Lien Secured Parties” as defined in the Collateral Agreement.

Permitted Loan Purchase Assignment and Acceptance” shall mean an assignment and acceptance entered into by a Lender as an Assignor and the Borrower as an Assignee, and accepted by the Administrative Agent, in the form of Exhibit I or such other form as shall be approved by the Administrative Agent and the Borrower (such approval not to be unreasonably withheld or delayed).

Permitted Loan Purchases” shall have the meaning assigned to such term in Section 9.04(i).

Proposed Discounted Prepayment Amount” shall have the meaning assigned to such term in Section 2.11(g)(ii).

Pro Rata Extension Offers” shall have the meaning assigned to such term in Section 2.21(e).

Qualifying Lenders” shall have the meaning assigned to such term in Section 2.11(g)(iv).

Qualifying Loans” shall have the meaning assigned to such term in Section 2.11(g)(iv).

Second Lien Intercreditor Agreement” shall mean the Intercreditor Agreement, dated as of December 24, 2008, among the Administrative Agent, as Credit Agreement Agent, each Other First Priority Lien Obligations Agent from time to time party thereto, U.S. Bank National Association, as Trustee, and each collateral agent for any Future Second Lien Indebtedness from time to time party thereto, as the same shall be amended, restated, supplemented or otherwise modified from time to time.

(b) Section 1.1 of the Credit Agreement is hereby amended by deleting the definition of “Collateral Agent” contained therein and replacing it with the following:

Collateral Agent” shall mean, with respect to references to such term in this Agreement, Bank of America in its capacity as collateral agent for the Secured Parties under this Agreement in accordance with the terms of this Agreement, and with respect to references to such term in the Security Documents, Bank of America in its capacity as collateral agent for the First Lien Secured Parties under the Security Documents in accordance with the terms of the Security Documents, or any successor collateral agent pursuant to any such document; provided that, for the avoidance of doubt, for purposes of Section 8.07 and Section 9.05, references to the Collateral Agent shall include any entity that serves as Collateral Agent under the First Lien Intercreditor Agreement and the Security Documents.

(c) Section 1.1 of the Credit Agreement is hereby amended by deleting the definition of “Collateral Agreement” contained therein and replacing it with the following:

Collateral Agreement” shall mean the Amended and Restated Collateral Agreement, in the form of Exhibit A to the June 2009 Amendment, dated as of the Amendment and Waiver Effective Date, among the Borrower, each Subsidiary Loan Party and the Collateral Agent, as amended, supplemented or otherwise modified from time to time.

 

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(d) Section 1.1 of the Credit Agreement is hereby amended by deleting the definition of “Guaranty and Pledge Agreement” contained therein and replacing it with the following:

Guarantee and Pledge Agreement” shall mean the Amended and Restated Guarantee and Pledge Agreement, in the form of Exhibit B to the June 2009 Amendment, dated as of the Amendment and Waiver Effective Date, between Holdings and the Collateral Agent, as amended, supplemented or otherwise modified from time to time.

(e) Section 1.1 of the Credit Agreement is hereby amended by deleting the definition of “Incremental Amount” contained therein and replacing it with the following:

Incremental Amount” shall mean, at any time, the excess, if any, of (a) $1,750,000,000 over (b) the sum of (x) the aggregate amount of all Incremental Term Loan Commitments and Incremental Revolving Facility Commitments established prior to such time pursuant to Section 2.21 (other than Incremental Term Loan Commitments and Incremental Revolving Facility Commitments in respect of Extended Term Loans or Extended Revolving Facility Commitments) plus (y) the principal amount of Indebtedness incurred pursuant to Section 6.01(ee).

(f) Section 1.1 of the Credit Agreement is hereby amended by adding a new proviso at the end of the definition of “Loan Documents” as follows:

; provided that for purposes of the expense reimbursement and indemnity provisions in Sections 8.07 and Section 9.05 only, the First Lien Intercreditor Agreement and any agreements governing any First Lien Notes shall be deemed to be “Loan Documents.”

(g) The definition of “Permitted Refinancing Indebtedness” in Section 1.1 of the Credit Agreement is hereby amended by inserting the words “(excluding interest rate and redemption premiums), taken as a whole,” in clause (1) of such definition immediately after the words “otherwise on terms” in each instance where such words appear in such definition.

(h) Section 1.1 of the Credit Agreement is hereby amended by deleting the definition of “Secured Parties” contained therein and replacing it with the following:

Secured Parties” shall mean the “Secured Parties” as defined in the Collateral Agreement (other than the Other First Lien Secured Parties).

(i) Section 1.1 of the Credit Agreement is hereby amended by deleting the definition of “Total First Lien Senior Secured Net Debt” contained therein and replacing it with the following:

Total First Lien Senior Secured Net Debt” at any date shall mean (i) the aggregate principal amount of Consolidated Debt of the Borrower and its Subsidiaries outstanding at such date that consists of, without duplication, Indebtedness (other than Qualified Non-Recourse Debt) that in each case is then secured by first priority Liens on property or assets of the Borrower or its Subsidiaries (other than property or assets held in a defeasance or similar trust or arrangement for the benefit of the Indebtedness secured thereby), less (ii) without duplication, the aggregate amount of all Unrestricted Cash and Permitted Investments of the Borrower and its Subsidiaries on such date; provided that, solely for purposes of Section 6.10 of this Agreement, Total First Lien Senior Secured Net Debt shall exclude (x) up to $2,200,000,000 principal amount of First Lien Notes (or, if less, a principal amount of First Lien Notes that resulted in the receipt by the Borrower of $2,000,000,000 of net proceeds) that are secured by first priority Liens and (y) up to $250.0 million aggregate principal amount of Consolidated Debt of Subsidiaries that are not Wholly-Owned Subsidiaries so long as such Indebtedness is non-recourse to the Loan Parties or any Collateral, in each case, to the extent such Consolidated Debt would otherwise be included in this definition.

 

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(j) Section 2.10(c) of the Credit Agreement is hereby deleted and replaced with the following:

“(c) Prepayment of the Term Loans from:

(i) all Net Proceeds pursuant to Section 2.11(b) and Excess Cash Flow pursuant to Section 2.11(c) shall be applied to the Term Loans pro rata among each Term Facility, with the application thereof being applied to the remaining installments thereof as the Borrower may direct; provided that, subject to the pro rata application to Loans outstanding within any Class of Term Loans, the Borrower may allocate such prepayment in its sole discretion among the Class or Classes of Term Loans as the Borrower may specify;

(ii) any optional prepayments of the Term Loans pursuant to Section 2.11(a) shall be applied to the remaining installments of the Term Loans as the Borrower may direct under the applicable Class or Classes as the Borrower may direct; and

(iii) any prepayment of (x) the Term B-3 Loans pursuant to Section 2.11(h) shall be applied to the remaining installments of the Term B-3 Loans in reverse order of maturity, (y) any other Class of Term Loans pursuant to Section 2.11(h) shall be applied to the remaining installments thereof as the Borrower may direct and (z) Term Loans of a particular Class pursuant to Section 2.11(g) or 9.04(i) shall be applied to the remaining installments of such Class of Term Loans on a pro rata basis.”

(k) Section 2.11 of the Credit Agreement is hereby amended by:

(i) inserting the words “(other than pursuant to Section 2.11(g) or (h) or pursuant to a Permitted Loan Purchase)” immediately after the first occurrence of the word “repaid” in clause (a)(ii) of such Section;

(ii) inserting the following proviso at the end of the first sentence of clause (b) of such Section:

“; provided that, with respect to Net Proceeds from Asset Sales, the Borrower may use a portion of such Net Proceeds to prepay or repurchase First Lien Notes with a Lien on the Collateral ranking pari passu with the Liens securing the Obligations in an amount not to exceed the product of (x) the amount of such Net Proceeds multiplied by (y) a fraction, the numerator of which is the outstanding principal amount of the First Lien Notes with a Lien on the Collateral ranking pari passu with the Liens securing the Obligations and the denominator of which is the sum of the outstanding principal amount of such First Lien Notes and the outstanding principal amount of Term Loans.”; and

(iii) inserting the following clauses (g) and (h) immediately after clause (f) of such Section:

“(g)(i) Notwithstanding anything to the contrary in Section 2.11(a) or 2.18(c) (which provisions shall not be applicable to this Section 2.11(g)), the Borrower shall have the right at any time and from time to time to prepay Term Loans and repay Revolving Facility Loans (with, in the case of Revolving Facility Loans, a corresponding permanent reduction in the Revolving Facility Commitment of each Lender who receives a Discounted Voluntary Prepayment), to the Lenders at a discount to the par value of such Loans and on a non pro rata basis (each, a

 

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Discounted Voluntary Prepayment”) at any time prior to December 10, 2010 (such date, the “Discounted Voluntary Prepayment End Date”) pursuant to the procedures described in this Section 2.11(g); provided that (A) no Discounted Voluntary Prepayment shall be made other than from the cash proceeds from (x) the incurrence of Indebtedness by the Loan Parties that is either unsecured or secured by Liens ranking junior to the Liens securing the Obligations or (y) contributions to the common equity capital of the Borrower which the Borrower has elected to exclude from the calculation of the Cumulative Credit, (B) the aggregate amount expended by the Borrower in connection with all Discounted Voluntary Prepayments shall not exceed $2,000,000,000, (C) any Discounted Voluntary Prepayment shall be offered to all Lenders with Term Loans and Revolving Facility Loans on a pro rata basis, and after giving effect to any Discounted Voluntary Prepayment, there shall be sufficient aggregate Revolving Facility Commitments among the Revolving Facility Lenders to apply to the Outstanding Amount of the L/C Obligations as of such date, unless the Borrower shall concurrently with the payment of the purchase price by the Borrower for such Revolving Facility Loans, deposit cash collateral in an account with the Administrative Agent pursuant to Section 2.05(g) in the amount of any such excess Outstanding Amount of the L/C Obligations, (D) the Borrower shall deliver to the Administrative Agent a certificate of the Chief Financial Officer of the Borrower stating (1) that no Default or Event of Default has occurred and is continuing or would result from the Discounted Voluntary Prepayment (after giving effect to any related waivers or amendments obtained in connection with such Discounted Voluntary Prepayment), (2) that each of the conditions to such Discounted Voluntary Prepayment contained in this Section 2.11(g) has been satisfied and (3) the aggregate principal amount of Term Loans and/or Revolving Facility Loans so prepaid pursuant to such Discounted Voluntary Prepayment and (E) no Discounted Voluntary Prepayment shall be permitted at any time that the Revolving Facility Credit Exposure is less than the then outstanding Revolving Facility Commitments.

(ii) To the extent the Borrower seeks to make a Discounted Voluntary Prepayment, the Borrower will provide written notice to the Administrative Agent substantially in the form of Exhibit J hereto (each, a “Discounted Prepayment Option Notice”) that the Borrower desires to prepay Term Loans and repay Revolving Facility Loans (with a corresponding permanent reduction in Revolving Facility Commitments) in each case in an aggregate principal amount specified therein by the Borrower (each, a “Proposed Discounted Prepayment Amount”), in each case at a discount to the par value of such Term Loans and Revolving Facility Loans as specified below. The Proposed Discounted Prepayment Amount of Term Loans or Revolving Facility Loans shall not be less than $5.0 million. The Discounted Prepayment Option Notice shall further specify with respect to the proposed Discounted Voluntary Prepayment: (A) the Proposed Discounted Prepayment Amount for Term Loans and Revolving Facility Loans, (B) a discount range (which may be a single percentage) selected by the Borrower with respect to such proposed Discounted Voluntary Prepayment equal to a percentage of par of the principal amount of Term Loans and Revolving Facility Loans (the “Discount Range”), (C) the source of proceeds to be used to make such Discounted Voluntary Prepayment and (D) the date by which Lenders are required to indicate their election to participate in such proposed Discounted Voluntary Prepayment which shall be at least five Business Days following the date of the Discounted Prepayment Option Notice (the “Acceptance Date”). Upon receipt of a Discounted Prepayment Option Notice, the Administrative Agent shall notify the L/C Issuer thereof and Discounted Voluntary Prepayments shall be subject to the consent of the L/C Issuer, such consent not to be unreasonably withheld or delayed.

(iii) Upon receipt of a Discounted Prepayment Option Notice and receipt by the Administrative Agent of consent from the L/C Issuer in accordance with Section 2.11(g)(ii), the Administrative Agent shall promptly notify each Lender thereof. On or prior to the Acceptance

 

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Date, each such Lender may specify by written notice substantially in the form of Exhibit K hereto (each, a “Lender Participation Notice”) to the Administrative Agent (A) a maximum discount to par (the “Acceptable Discount”) within the Discount Range (for example, a Lender specifying a discount to par of 20% would accept a purchase price of 80% of the par value of the Loans to be prepaid) and (B) a maximum principal amount (subject to rounding requirements specified by the Administrative Agent) of Term Loans and/or Revolving Facility Loans held by such Lender with respect to which such Lender is willing to permit a Discounted Voluntary Prepayment at the Acceptable Discount (“Offered Loans”). Based on the Acceptable Discounts and principal amounts of Term Loans and Revolving Facility Loans specified by the Lenders in the applicable Lender Participation Notice, the Administrative Agent, in consultation with the Borrower, shall determine the applicable discount for Term Loans and Revolving Facility Loans (the “Applicable Discount”), which Applicable Discount shall be (A) the percentage specified by the Borrower if the Borrower has selected a single percentage pursuant to Section 2.11(g)(ii) for the Discounted Voluntary Prepayment or (B) otherwise, the highest Acceptable Discount at which the Borrower can pay the Proposed Discounted Prepayment Amount in full (determined by adding the principal amounts of Offered Loans commencing with the Offered Loans with the highest Acceptable Discount); provided, however, that in the event that such Proposed Discounted Prepayment Amount cannot be repaid in full at any Acceptable Discount, the Applicable Discount shall be the lowest Acceptable Discount specified by the Lenders that is within the Discount Range. The Applicable Discount shall be applicable for all Lenders who have offered to participate in the Voluntary Discounted Prepayment and have Qualifying Loans (as defined below). Any Lender with outstanding Loans whose Lender Participation Notice is not received by the Administrative Agent by the Acceptance Date shall be deemed to have declined to accept a Discounted Voluntary Prepayment of any of its Loans at any discount to their par value within the Applicable Discount.

(iv) The Borrower shall make a Discounted Voluntary Prepayment by prepaying those Term Loans and Revolving Facility Loans (or the respective portions thereof) (with, in the case of Revolving Facility Loans, a corresponding permanent reduction in Revolving Facility Commitments) offered by the Lenders (“Qualifying Lenders”) that specify an Acceptable Discount that is equal to or greater than the Applicable Discount (“Qualifying Loans”) at the Applicable Discount; provided that if the aggregate proceeds required to prepay all Qualifying Loans (disregarding any interest payable at such time) would exceed the amount of aggregate proceeds required to prepay the Proposed Discounted Prepayment Amount, such amounts in each case calculated by applying the Applicable Discount, the Borrower shall prepay such Qualifying Loans ratably among the Qualifying Lenders based on their respective principal amounts of such Qualifying Loans (subject to rounding requirements specified by the Administrative Agent). If the aggregate proceeds required to prepay all Qualifying Loans (disregarding any interest payable at such time) would be less than the amount of aggregate proceeds required to prepay the Proposed Discounted Prepayment Amount, such amounts in each case calculated by applying the Applicable Discount, the Borrower shall prepay all Qualifying Loans.

(v) Each Discounted Voluntary Prepayment shall be made within five Business Days of the Acceptance Date (or such later date as the Administrative Agent shall reasonably agree, given the time required to calculate the Applicable Discount and determine the amount and holders of Qualifying Loans), without premium or penalty (but subject to Section 2.16), upon irrevocable notice substantially in the form of Exhibit L hereto (each a “Discounted Voluntary Prepayment Notice”), delivered to the Administrative Agent no later than 1:00 P.M. Local time, three Business Days prior to the date of such Discounted Voluntary Prepayment, which notice shall specify the date and amount of the Discounted Voluntary Prepayment and the Applicable

 

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Discount determined by the Administrative Agent. Upon receipt of any Discounted Voluntary Prepayment Notice the Administrative Agent shall promptly notify each relevant Lender thereof. If any Discounted Voluntary Prepayment Notice is given, the amount specified in such notice shall be due and payable to the applicable Lenders, subject to the Applicable Discount on the applicable Loans, on the date specified therein together with accrued interest (on the par principal amount) to but not including such date on the amount prepaid.

(vi) To the extent not expressly provided for herein, each Discounted Voluntary Prepayment shall be consummated pursuant to reasonable procedures (including as to timing, rounding, minimum amounts, Type and Interest Periods and calculation of Applicable Discount in accordance with Section 2.11(g)(iii) above) established by the Administrative Agent in consultation with the Borrower.

(vii) Prior to the delivery of a Discounted Voluntary Prepayment Notice, upon written notice to the Administrative Agent, (A) the Borrower may withdraw its offer to make a Discounted Voluntary Prepayment pursuant to any Discounted Prepayment Option Notice and (B) any Lender may withdraw its offer to participate in a Discounted Voluntary Prepayment pursuant to any Lender Participation Notice.

(h)(i) Notwithstanding anything to the contrary in Section 2.11(a) or (e) or Section 2.18(c) (which provisions shall not be applicable to this Section 2.11(h)), to the extent the Borrower receives First Lien Net Proceeds

(x) subject to clause (v) below, the Revolving Facility Commitment of each Revolving Facility Lender shall be permanently reduced on a pro rata basis on the third Business Day following the receipt of such First Lien Net Proceeds by the Borrower in an aggregate amount equal to the Applicable Facility Percentage of such First Lien Net Proceeds (and, in connection therewith, to the extent required to prevent the Revolving Facility Credit Exposure from exceeding the Revolving Facility Commitments in effect, the Borrower shall reduce the Revolving Facility Credit Exposure in the same manner as specified in the first sentence of Section 2.11(d)), (y) Term Loans (other than Term B-3 Loans) of each Class shall be prepaid at par on a pro rata basis on the third Business Day following the receipt of such First Lien Net Proceeds, in each case, in an aggregate amount for such Class of Term Loans equal to the Applicable Facility Percentage for such Class of Term Loans of such First Lien Net Proceeds and (z) the Borrower shall apply an amount equal to the Applicable Facility Percentage for the Term B-3 Loans of such First Lien Net Proceeds to make a First Lien Net Proceeds Prepayment Offer pursuant to the provisions set forth below and shall comply with the provisions of this Section 2.11(h) in connection therewith.

(ii) In connection with any First Lien Net Proceeds Prepayment Offer, the Borrower will provide written notice to the Administrative Agent (each, a “First Lien Net Proceeds Prepayment Offer Notice”) not later than the third Business Day following the receipt by the Borrower of any First Lien Net Proceeds that the Borrower is required to apply the Applicable Facility Percentage for the Term B-3 Loans of such First Lien Net Proceeds to a First Lien Net Proceeds Prepayment Offer (each, a “First Lien Net Proceeds Prepayment Offer Amount”). The First Lien Net Proceeds Prepayment Offer Notice shall specify the date by which Lenders are required to indicate their election to participate in such First Lien Net Proceeds Prepayment Offer which shall be five Business Days following the date of the First Lien Net Proceeds Prepayment Offer Notice (the “First Lien Net Proceeds Acceptance Date”).

 

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(iii) Upon receipt of a First Lien Net Proceeds Prepayment Offer Notice, the Administrative Agent shall promptly notify each Term B-3 Lender thereof. On or prior to the First Lien Net Proceeds Acceptance Date, each such Lender may specify by written notice in the form provided by the Administrative Agent (each, a “First Lien Net Proceeds Lender Participation Notice”) to the Administrative Agent a maximum principal amount (subject to rounding requirements specified by the Administrative Agent) of its Term B-3 Loans that such Lender is electing to make eligible for prepayment pursuant to such First Lien Net Proceeds Prepayment Offer (“First Lien Net Proceeds Offered Term Loans”). Any Lender whose First Lien Net Proceeds Lender Participation Notice is not received by the Administrative Agent by the First Lien Net Proceeds Acceptance Date shall be deemed to have declined to participate in such First Lien Net Proceeds Prepayment Offer.

(iv) On the third Business Day following the First Lien Proceeds Acceptance Date (the “First Lien Net Proceeds Prepayment Offer Date”) (or such later date as the Administrative Agent shall reasonably agree, given the time required to calculate pro ration in accordance with this Section 2.11(h)), the Borrower shall prepay First Lien Net Proceeds Offered Term Loans (or portions thereof) offered by the Lenders at par; provided that if the aggregate principal amount of the First Lien Net Proceeds Offered Term Loans exceeds the First Lien Net Proceeds Prepayment Offer Amount, the Borrower shall prepay First Lien Net Proceeds Offered Term Loans of each Lender on a pro rata basis based on the respective amounts of such First Lien Net Proceeds Offered Term Loans of each Lender (subject to rounding requirements specified by the Administrative Agent). If the aggregate principal amount of First Lien Net Proceeds Offered Term Loans is less than the First Lien Net Proceeds Prepayment Offer Amount, the Borrower shall, within three Business Days after the First Lien Net Proceeds Prepayment Offer Date, prepay Term Loans (other than Term B-3 Loans) (on a pro rata basis in proportion to their respective Applicable Facility Percentages) in an aggregate amount equal to the amount of such excess.

(v) Notwithstanding anything in subclause (i) or (iv) of this clause (h) to the contrary, in no event shall the Revolving Facility Commitments be reduced below $1,000,000,000 as a result of the application of this clause (h) in connection with the receipt of First Lien Net Proceeds from the issuance of First Lien Notes secured by first priority Liens (it being understood that this floor shall not be applicable in connection with the receipt of First Lien Net Proceeds from the issuance of First Lien Notes not secured by first priority Liens) and any amount that would have otherwise been required to reduce the Revolving Facility Commitments but for the application of this subclause (v) shall instead be reallocated to prepay Term Loans (other than Term B-3 Loans) and, unless such amounts have already been subject to a First Lien Net Proceeds Prepayment Offer, to make a First Lien Net Proceeds Prepayment Offer (on a pro rata basis in proportion to their respective Applicable Facility Percentages).”

(l) Section 2.18(c) of the Credit Agreement is hereby amended by deleting from clause (ii) of the proviso thereto the words “or Affiliate” and inserting “(including, without limitation, pursuant to Section 2.11(g) and (h) and Section 9.04(i))” immediately after the word “Agreement” in such proviso.

(m) Section 2.21 of the Credit Agreement is hereby amended by deleting clause (c)(ii) thereof and replacing it with the following:

“(ii) the Borrower shall be in Pro Forma Compliance (without giving effect to the proviso in the definition of Total First Lien Senior Secured Net Debt) after giving effect to such

 

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Incremental Term Loan Commitments and/or Incremental Revolving Facility Commitments and the Loans to be made thereunder and the application of the proceeds therefrom as if made and applied on such date; provided that the Borrower shall not be required to be in such Pro Forma Compliance with respect to Incremental Term Loan Commitments and/or Incremental Revolving Facility Commitments not to exceed $500.0 million in the aggregate since the Closing Date and”

(n) Section 2.21 of the Credit Agreement is hereby amended by inserting the following new clauses at the end of such Section:

“(e) Notwithstanding anything to the contrary in Section 2.11(a) or Section 2.18(c) (which provisions shall not be applicable to clauses (e) through (i) of this Section 2.21), pursuant to one or more offers made from time to time by Borrower to all Lenders, on a pro rata basis (based on the aggregate outstanding Term Loans and Revolving Facility Commitments) and on the same terms (“Pro Rata Extension Offers”), the Borrower is hereby permitted to consummate transactions with individual Lenders from time to time to extend the maturity date of such Lender’s Loans and/or Commitments and to otherwise modify the terms of such Lender’s Loans and/or Commitments pursuant to the terms of the relevant Pro Rata Extension Offer (including without limitation increasing the interest rate or fees payable in respect of such Lender’s Loans and/or Commitments and/or modifying the amortization schedule in respect of such Lender’s Loans). For the avoidance of doubt, the reference to “on the same terms” in the preceding sentence shall mean, when comparing Term Loans and Revolving Facility Commitments, that the Term Loans and Revolving Facility Commitments are offered to be extended for the same amount of time and that the interest rate changes and fees payable are the same. Any such extension (an “Extension”) agreed to between the Borrower and any such Lender (an “Extending Lender”) will be established under the Credit Agreement by implementing an Incremental Term Loan for such Lender (if such Lender is extending an existing Term Loan (such extended Term Loan, an “Extended Term Loan”)) or an Incremental Revolving Facility Commitment for such Lender (if such Lender is extending an existing Revolving Facility Commitment (such extended Revolving Facility Commitment, an “Extended Revolving Facility Commitment”)).

(f) The Borrower and each Extending Lender shall execute and deliver to the Administrative Agent an Incremental Assumption Agreement and such other documentation as the Administrative Agent shall reasonably specify to evidence the Extended Term Loans and/or Extended Revolving Facility Commitments of such Extending Lender. Each Incremental Assumption Agreement shall specify the terms of the applicable Extended Term Loans and/or Extended Revolving Facility Commitments; provided that (i) except as to interest rates, fees, amortization, final maturity date and participation in prepayments (which shall, subject to clauses (ii) through (v) of this proviso, be determined by the Borrower and set forth in the Pro Rata Extension Offer), the Extended Term Loans shall have (x) the same terms as the Term B-1 Loans, Term B-2 Loans or Term B-3 Loans, as applicable, or (y) such other terms as shall be reasonably satisfactory to the Administrative Agent, (ii) the final maturity date of any Extended Term Loans shall be no earlier than the Term B Facility Maturity Date, (iii) the weighted average life to maturity of any Extended Term Loans shall be no shorter than the remaining weighted average life to maturity of the Term B-1 Loans, Term B-2 Loans or Term B-3 Loans, (iv) except as to interest rates, fees and final maturity, any Extended Revolving Facility Commitment shall be a Revolving Facility Commitment with the same terms as the Revolving Facility Loans and (v) any Extended Term Loans and/or Extended Revolving Facility Commitments may participate on a pro rata basis or a less than pro rata basis (but not greater than a pro rata basis) in any voluntary or mandatory repayments or prepayments hereunder. Upon the effectiveness of any Incremental Assumption Agreement, this Agreement shall be amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Extended Term Loans and/or Extended Revolving Facility Commitments evidenced thereby as provided for in Section 9.08(e). Any such deemed amendment may be memorialized in writing by the Administrative Agent with the Borrower’s consent (not to be unreasonably withheld) and furnished to the other parties hereto.

 

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(g) Upon the effectiveness of any such Extension, the applicable Extending Lender’s Term Loan will be automatically designated an Extended Term Loan and/or such Extending Lender’s Revolving Facility Commitment will be automatically designated an Extended Revolving Facility Commitment. For purposes of the Credit Agreement and the other Loan Documents, (i) if such Extending Lender is extending a Term Loan, such Extending Lender will be deemed to have an Incremental Term Loan having the terms of such Extended Term Loan and (ii) if such Extending Lender is extending a Revolving Facility Commitment, such Extending Lender will be deemed to have an Incremental Revolving Facility Commitment having the terms of such Extended Revolving Facility Commitment.

(h) Notwithstanding anything to the contrary set forth in the Credit Agreement or any other Loan Document (including without limitation this Section 2.21), (i) the aggregate amount of Extended Term Loans and Extended Revolving Facility Commitments will not be included in the calculation of the Incremental Amount, (ii) no Extended Term Loan or Extended Revolving Facility Commitment is required to be in any minimum amount or any minimum increment, (iii) any Extending Lender may extend all or any portion of its Term Loans and/or Revolving Facility Commitment pursuant to one or more Pro Rata Extension Offers (subject to applicable proration in the case of over participation) (including the extension of any Extended Term Loan and/or Extended Revolving Facility Commitment), (iv) there shall be no condition to any Extension of any Loan or Commitment at any time or from time to time other than notice to the Administrative Agent of such Extension and the terms of the Extended Term Loan or Extended Revolving Facility Commitment implemented thereby and (v) all Extended Term Loans, Extended Revolving Facility Commitments and all obligations in respect thereof shall be Obligations under the Credit Agreement and the other Loan Documents that are secured by the Collateral on a pari passu basis with all other Obligations under the Credit Agreement and the other Loan Documents.

(i) Each Extension shall be consummated pursuant to procedures set forth in the associated Pro Rata Extension Offer; provided that the Borrower shall cooperate with the Administrative Agent prior to making any Pro Rata Extension Offer to establish reasonable procedures with respect to mechanical provisions relating to such Extension, including, without limitation, timing, rounding and other adjustments.”

(o) Section 5.10(g) of the Credit Agreement is hereby amended by replacing the word “Obligations” with “First Lien Obligations” and replacing the words “Secured Party” with the words “First Lien Secured Party” in clause (i) of the second sentence thereof.

(p) Section 6.01 of the Credit Agreement is hereby amended by:

(i) deleting the word “and” at the end of clause (cc) thereof; and

(ii) inserting the following clauses (dd) and (ee) immediately after clause (cc) thereof;

“(dd) Indebtedness pursuant to the Initial First Lien Notes and any Future First Lien Notes; provided that:

(i) the Administrative Agent shall have received a certificate signed by the Chief Financial Officer of the Borrower stating that the incurrence of such First Lien Notes shall not result in a reduction in the outstanding amount of the Obligations that are permitted to be secured by the Collateral without equally and ratably securing any Retained Notes; and

 

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(ii) the Borrower shall reduce Revolving Facility Commitments and prepay Term Loans with the First Lien Net Proceeds of such First Lien Notes in accordance with Section 2.11(h);

(ee) Indebtedness of the Loan Parties that is either unsecured or secured by Liens ranking junior to the Liens securing the Obligations and the aggregate principal amount of which does not exceed the Incremental Amount and any Permitted Refinancing Indebtedness incurred to Refinance such Indebtedness; provided that:

(i) the Administrative Agent shall have received a certificate signed by the Chief Financial Officer of the Borrower stating that (1) the incurrence of such Indebtedness shall not result in a reduction in the outstanding amount of the Obligations that are permitted to be secured by the Collateral without equally and ratably securing any Retained Notes and (2) other than in the case of any such Permitted Refinancing Indebtedness, the Borrower has elected to decrease the Incremental Amount as a result of the incurrence of such Indebtedness as contemplated by the definition of Incremental Amount;

(ii) (1) the terms of such Indebtedness do not provide for any scheduled repayment, mandatory redemption or sinking fund obligations prior to the date that is six months following the Term B Facility Maturity Date (other than customary offers to repurchase upon a change of control, asset sale or event of loss and customary acceleration rights after an event of default), (2) the covenants, events of default, guarantees, collateral and other terms of such Indebtedness (other than interest rate and redemption premiums), taken as a whole, are not more restrictive to the Borrower and the Subsidiaries than those set forth in the Initial First Lien Notes Indenture; provided that a certificate of the Chief Financial Officer of the Borrower delivered to the Administrative Agent in good faith at least three Business Days (or such shorter period as the Administrative Agent may reasonably agree) prior to the incurrence of such Indebtedness, together with a reasonably detailed description of the material terms and conditions of such Indebtedness or drafts of the documentation relating thereto, stating that the Borrower has determined in good faith that such terms and conditions satisfy the foregoing requirement shall be conclusive evidence that such terms and conditions satisfy the foregoing requirement, and (3) in the case of any such secured Indebtedness, no Subsidiary of the Borrower is a borrower or guarantor other than any Subsidiary Loan Party which shall have previously or substantially concurrently Guaranteed the Obligations; and

(iii) with respect to (1) any unsecured Indebtedness issued by the Borrower and Guaranteed by any Subsidiary Loan Party and (2) any unsecured debt security issued by any Subsidiary Loan Party, the Guarantee by such Subsidiary Loan Party or the debt security of such Subsidiary Loan Party shall be subject to the Intercreditor Agreement or another intercreditor agreement not materially less favorable to the Lenders than the Intercreditor Agreement;”

(iii) re-numbering clause (dd) thereof as clause (ff) and replacing the words “(cc)” in such clause with the words “(ee)”.

 

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(q) Section 6.02 of the Credit Agreement is hereby amended by:

(i) amending and restating clause (b) thereof as follows:

“(b) any Lien created under the Loan Documents (including, without limitation, Liens created under the Security Documents securing obligations in respect of Swap Agreements, any First Lien Notes (which are intended to be secured by Liens on the Collateral that are pari passu with Liens on the Collateral securing the Obligations) and the Overdraft Line secured pursuant to the Security Documents) or permitted in respect of any Mortgaged Property by the terms of the applicable Mortgage; provided that in the case of any such First Lien Notes, (A) the holders of such Indebtedness (or a representative thereof on behalf of such holders) shall have delivered to the Collateral Agent an Other First Lien Secured Party Consent (as defined in the Collateral Agreement), (B) the Borrower shall have complied with the other requirements of Section 7.23 of the Collateral Agreement with respect to such First Lien Notes, and (C) in the case of the Initial First Lien Notes, the Collateral Agent, the Administrative Agent and the representative for the holders of the Initial First Lien Notes shall have entered into the First Lien Intercreditor Agreement;”.

(ii) deleting the word “and” at the end of clause (ff) thereof;

(iii) replacing the “.” with “; and” at the end of clause (gg) thereof;

(iv) inserting the following clauses (hh) and (ii) immediately after clause (gg) thereof:

“(hh) Liens securing (x) First Lien Notes, provided that if the Liens on the Collateral securing such First Lien Notes are (or are intended to be) junior in priority to the Liens on the Collateral securing the Obligations, either (1) the obligations in respect of such First Lien Notes shall be designated “Future Second Lien Indebtedness” under the Second Lien Intercreditor Agreement or (2) such Liens shall be subordinated to the Liens securing the Obligations on customary terms pursuant to another intercreditor agreement reasonably satisfactory to the Administrative Agent and (y) Indebtedness permitted by Section 6.01(ee); provided that either (1) the obligations in respect of such Indebtedness shall be designated “Future Second Lien Indebtedness” under the Second Lien Intercreditor Agreement or (2) such Liens shall be subordinated to the Liens securing the Obligations on customary terms pursuant to another intercreditor agreement reasonably satisfactory to the Administrative Agent ; and

(ii) Liens on cash and Permitted Investments on deposit with Lenders and Affiliates of Lenders securing obligations owing to such Persons under any treasury, depository, overdraft or other cash management services agreements or arrangements with the Borrower or any of its Subsidiaries.”

(r) Section 6.09(c)(B) of the Credit Agreement is hereby amended by inserting the words “, the First Lien Notes” immediately following the words “Retained Notes” in such Section.

(s) Section 6.11 of the Credit Agreement is hereby amended by:

(i) replacing the word “and” at the end of clause (a) thereof with “,”; and

(ii) inserting the following clause immediately prior to the period at the end of such Section:

“and (c) any series of First Lien Notes constituting Other First Lien Obligations.”

(t) Article VI(A) of the Credit Agreement is hereby amended by inserting the words “and Liens securing any First Lien Notes constituting Other First Lien Obligations on a pari passu basis with the Liens created under the Loan Documents” immediately prior to the period at the end of such Article.

 

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(u) Article VIII of the Credit Agreement is hereby amended by inserting a new Section 8.14 therein as follows:

“SECTION 8.14. First Lien Intercreditor Agreement and Collateral Matters. The Lenders hereby agree to the terms of the First Lien Intercreditor Agreement and acknowledge that Bank of America, N.A. (and any successor Collateral Agent under the Security Documents and the First Lien Intercreditor Agreement) will be serving as Collateral Agent for both the Secured Parties and the other First Lien Secured Parties under the Security Documents and the First Lien Intercreditor Agreement. Each Lender hereby consents to Bank of America, N.A. and any successor serving in such capacity and agrees not to assert any claim (including as a result of any conflict of interest) against Bank of America, N.A., or any such successor, arising from the role of the Collateral Agent under the Security Documents or the First Lien Intercreditor Agreement so long as the Collateral Agent is either acting in accordance with the express terms of such documents or otherwise has not engaged in gross negligence or willful misconduct. The Borrower and each Lender hereby agrees that the resignation provisions set forth in the First Lien Intercreditor Agreement with respect to the Collateral Agent shall supersede any provision of this Agreement to the contrary.”

(v) Section 9.04 of the Credit Agreement is amended by adding the following new clauses (i) and (j):

“(i) Notwithstanding anything to the contrary in Section 2.11(a) or Section 2.18(c) (which provisions shall not be applicable to clauses (i) or (j) of this Section 9.04), the Borrower may purchase by way of assignment and become an Assignee with respect to Term Loans and/or Revolving Facility Loans (other than any such Loans held by a Affiliate Lender) at any time during the period prior to the Discounted Voluntary Prepayment End Date, from Lenders in accordance with Section 9.04(b) hereof (“Permitted Loan Purchases”); provided that (A) no Permitted Loan Purchases shall be made other than from the cash proceeds from (x) the incurrence of Indebtedness by the Loan Parties that is either unsecured or secured by Liens ranking junior to the Liens securing the Obligations or (y) contributions to the common equity capital of the Borrower which the Borrower has elected to exclude from the calculation of the Cumulative Credit, (B) the aggregate amount expended by the Borrower in connection with all Permitted Loan Purchases shall not exceed $1,000,000,000, (C) the Borrower shall deliver to the Administrative Agent a certificate of the Chief Financial Officer of the Borrower stating (1) that no Default or Event of Default has occurred and is continuing or would result from the Permitted Loan Purchase, (2) that each of the conditions contained in this Section 9.04(i) has been satisfied and (3) the aggregate principal amount of Term Loans and/or Revolving Facility Loans (and the purchase price(s) paid therefore), (D) upon consummation of any such Permitted Loan Purchase, the Loans purchased pursuant thereto shall be deemed to be automatically and immediately cancelled and extinguished in accordance with Section 9.04(j), (E) to the extent the Borrower is making a Permitted Loan Purchase of Revolving Facility Loans, upon giving effect to such Permitted Loan Purchase, there shall be sufficient aggregate Revolving Facility Commitments among the Revolving Facility Lenders to apply to the Outstanding Amount of the L/C Obligations as of such date, unless the Borrower shall concurrently with the payment of the purchase price by the Borrower for such Revolving Facility Loans, deposit cash collateral in an account with the Administrative Agent pursuant to Section 2.05(g) in the amount of any such excess Outstanding Amount of the L/C Obligations and (F) in connection with any such Permitted Loan Purchase, the Borrower and such

 

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Lender that is the Assignor shall execute and deliver to the Administrative Agent a Permitted Loan Purchase Assignment and Acceptance (and for the avoidance of doubt, shall not be required to execute and deliver an Assignment and Acceptance pursuant to Section 9.04(b)(ii)(B)) and shall otherwise comply with the conditions to Assignments under this Section 9.04.

(j) Each Permitted Loan Purchase shall, for purposes of this Agreement (including, without limitation, Section 2.08(b)) be deemed to be an automatic and immediate cancellation and extinguishment of such Term Loans and/or Revolving Facility Loans (with a corresponding permanent reduction in Revolving Facility Commitments) and the Borrower shall, upon consummation of any Permitted Loan Purchase, notify the Administrative Agent that the Register be updated to record such event as if it were a prepayment of such Loans (and in the case of Revolving Facility Loans, a permanent reduction in Revolving Facility Commitments).”

(w) Article IX of the Credit Agreement is hereby amended by inserting a new section at the end of such Article:

“SECTION 9.24 Affiliate Lenders.

(a) Subject to clause (c) below, each Lender who is an Affiliate of the Borrower (an “Affiliate Lender”), in connection with any (i) consent (or decision not to consent) to any amendment, modification, waiver, consent or other action with respect to any of the terms of any Loan Document, (ii) other action on any matter related to any Loan Document or (iii) direction to the Administrative Agent, Collateral Agent or any Lender to undertake any action (or refrain from taking any action) with respect to or under any Loan Document, agrees that, except with respect to any amendment, modification, waiver, consent or other action described in clauses (i), (ii) or (iii) of the first proviso of Section 9.08(b), such Affiliate Lender shall be deemed to have voted its interest as a Lender without discretion in such proportion as the allocation of voting with respect to such matter by Lenders who are not Affiliate Lenders. Subject to clause (c) below, the Borrower and each Affiliate Lender hereby agrees that if a case under Title 11 of the United States Code is commenced against the Borrower, the Borrower shall seek (and each Affiliate Lender shall consent) to designate the vote of any Affiliate Lender and the vote of any Affiliate Lender with respect to any plan of reorganization of the Borrower or any Affiliate of the Borrower shall not be counted. Subject to clause (c) below, each Affiliate Lender hereby irrevocably appoints the Administrative Agent (such appointment being coupled with an interest) as such Affiliate Lender’s attorney-in-fact, with full authority in the place and stead of such Affiliate Lender and in the name of such Affiliate Lender, from time to time in the Administrative Agent’s discretion to take any action and to execute any instrument that the Administrative Agent may deem reasonably necessary to carry out the provisions of this clause (a).

(b) Subject to clause (c) below, notwithstanding anything to the contrary in this Agreement, no Affiliate Lender shall have any right to (a) attend (including by telephone) any meeting or discussions (or portion thereof) among the Administrative Agent or any Lender to which representatives of the Borrower are not then present, (b) receive any information or material prepared by Administrative Agent or any Lender or any communication by or among Administrative Agent and/or one or more Lenders, except to the extent such information or materials have been made available to the Borrower or its representatives, or (c) make or bring (or participate in, other than as a passive participant in or recipient of its pro rata benefits of) any claim, in its capacity as a Lender, against Administrative Agent, the Collateral Agent or any other Lender with respect to any duties or obligations or alleged duties or obligations of such Agent or any other such Lender under the Loan Documents.

 

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(c) Notwithstanding the foregoing, the provisions of clauses (a) and (b) of this Section 9.24 shall not apply with respect to any Loans held by or subject to participations in favor of any Affiliate Lender (or any Obligations owing at any time with respect to such Loans) as of the Amendment and Waiver Effective Date.”

(x) The Credit Agreement is hereby amended by adding as a new “Exhibit H” thereto the form of First Lien Intercreditor Agreement as set forth in Annex I attached hereto.

(y) The Credit Agreement is hereby amended by adding as a new “Exhibit I” thereto the form of Permitted Loan Purchase Assignment and Acceptance as set forth in Annex II attached hereto.

(z) The Credit Agreement is hereby amended by adding as a new “Exhibit J” thereto the form of Discounted Prepayment Option Notice as set forth in Annex III attached hereto.

(aa) The Credit Agreement is hereby amended by adding as a new “Exhibit K” thereto the form of Lender Participation Notice as set forth in Annex IV attached hereto.

(bb) The Credit Agreement is hereby amended by adding as a new “Exhibit L” thereto the form of Discounted Voluntary Prepayment Notice as set forth in Annex V attached hereto.

Section 2.2. Authorizations. The Administrative Agent and the Collateral Agent, as applicable, shall be authorized without the consent of any Lender (other than pursuant to this Amendment) to enter into (i) amendments to the Security Documents in connection with any issuance of First Lien Notes to appropriately include such First Lien Notes in such documents in a manner substantially consistent with the Initial First Lien Notes, (ii) the First Lien Intercreditor Agreement and (iii) guarantee agreements with Subsidiaries of the Borrower (with the consent of the Borrower) to provide for guarantees of the Obligations (and, in connection therewith, to enter into amendments to the Intercreditor Agreement providing that to the extent any such guarantee by any Subsidiary of the Obligations is enforceable, the turnover provisions provided for therein shall not apply with respect to amounts received (other than with respect to the Collateral) from such Subsidiary).

ARTICLE III

Conditions and Miscellaneous

Section 3.1. Conditions to Effectiveness. This Amendment and Waiver shall become effective on the date (the “Amendment and Waiver Effective Date”) on which:

(a) Amendment and Waiver. The Administrative Agent shall have received this Amendment and Waiver, executed and delivered by a duly authorized officer of each of the Borrower and Holdings.

(b) Lender Consent. The Administrative Agent shall have received evidence of consent of the Required Lenders.

(c) Initial First Lien Notes. The Administrative Agent shall have received $1064.0 million of the Initial First Lien Net Proceeds, to be applied as follows: $832.1 million to the repayment of Term Loans at par in accordance with clause (h) of Section 2.11 of the Credit Agreement (including pursuant to the First Lien Net Proceeds Prepayment Offer required to be commenced within three Business Days following the Amendment and Waiver Effective Date) and $231.9 million to repay Revolving Facility Loans at par (and permanently reduce Revolving Facility Commitments in connection therewith) in accordance with clause (h) of Section 2.11 of the Credit Agreement.

 

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(d) No Default. No Default or Event of Default shall have occurred and be continuing under the Credit Agreement.

(e) Fees and Expenses. The Borrower shall have paid to the Administrative Agent all fees payable to the Administrative Agent to the extent then due in connection with the transactions contemplated by this Amendment and Waiver (including to the extent invoiced the fees, disbursements and charges of counsel to the Administrative Agent, and of any local counsel to the Administrative Agent).

(f) First Lien Intercreditor Agreement, Collateral Agreement and Guaranty and Pledge Agreement. The Administrative Agent shall have received a fully executed copy of each of (i) the First Lien Intercreditor Agreement, (ii) the Amended and Restated Collateral Agreement in the form attached as Annex VI hereto and (iii) the Amended and Restated Guaranty and Pledge Agreement in the form attached as Annex VII hereto.

(g) Legal Opinion. The Administrative Agent shall have received an executed legal opinion, in form and substance reasonably satisfactory to the Administrative Agent, of O’Melveny & Myers LLP.

Section 3.2. Representation and Warranties. Each of the Borrower and Holdings represents and warrants to the Administrative Agent and the Lenders that, as of the date hereof and as of the Amendment and Waiver Effective Date:

(i) this Amendment and Waiver has been duly authorized, executed and delivered by each of the Borrower and Holdings, constitutes the legal, valid and binding obligations of each of the Borrower and Holdings enforceable against each of them in accordance with its terms and the Credit Agreement;

(ii) the execution, delivery and performance by the Borrower and Holdings of this Amendment and Waiver will not (i) violate (A) any provision of law, statute, rule or regulation, or of the certificate or articles of incorporation or other constitutive documents (including any partnership, limited liability company or operating agreements) or by-laws of the Borrower or any Loan Party, (B) any applicable order of any court or any rule, regulation or order of any Governmental Authority or (C) any provision of any indenture, certificate of designation for preferred stock, agreement or other instrument to which the Borrower or any such Loan Party is a party or by which any of them or any of their property is or may be bound, (ii) be in conflict with, result in a breach of or constitute (alone or with notice or lapse of time or both) a default under, give rise to a right of or result in any cancellation or acceleration of any right or obligation (including any payment) or to a loss of a material benefit under any such indenture, certificate of designation for preferred stock, agreement or other instrument, where any such conflict, violation, breach or default referred to in clause (i) or (ii) would reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, or (iii) result in the creation or imposition of any Lien upon or with respect to any property or assets now owned or hereafter acquired the Borrower or any such Loan Party, other than the Liens created by the Loan Documents and Permitted Liens;

(iii) the representations and warranties set forth in the Loan Documents are true and correct in all material respects on and as of such date with the same effect as though made on and as of such date, except to the extent such representations and warranties expressly relate to an earlier date (in which case such representations and warranties were true and correct in all material respects as of such earlier date); and

 

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(iv) no Default or Event of Default has occurred and is continuing under the Credit Agreement.

Section 3.3. Continuing Effect; No Other Amendments or Waivers. This Amendment and Waiver shall not constitute an amendment or waiver of or consent to any provision of the Credit Agreement and the other Loan Documents except as expressly stated herein and shall not be construed as an amendment, waiver or consent to any action on the part of the Borrower that would require an amendment, waiver or consent of the Administrative Agent or the Lenders except as expressly stated herein. Except as expressly waived hereby, the provisions of the Credit Agreement and the other Loan Documents are and shall remain in full force and effect in accordance with their terms.

Section 3.4. Counterparts. This Amendment and Waiver may be executed in any number of separate counterparts by the parties hereto (including by telecopy or via electronic mail), each of which counterparts when so executed shall be an original, but all the counterparts shall together constitute one and the same instrument.

Section 3.5. GOVERNING LAW. THIS AMENDMENT AND WAIVER AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AMENDMENT AND WAIVER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

* * *

 

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment and Waiver to be executed and delivered by their respective duly authorized officers as of the date first above written.

 

HARRAH’S OPERATING COMPANY, INC.
By:  

/s/ Authorized Signatory

Name:  
Title:  
HARRAH’S ENTERTAINMENT, INC.
By:  

/s/ Authorized Signatory

Name:  
Title:  


BANK OF AMERICA, N.A., as Administrative Agent and as a Lender
By:  

/s/ Authorized Signatory

Name:  
Title:  
By:  

/s/ Authorized Signatory

Name:  
Title:  


ANNEX I

FIRST LIEN INTERCREDITOR AGREEMENT

dated as of

June 10, 2009

among

BANK OF AMERICA, N.A.,

as Collateral Agent,

BANK OF AMERICA, N.A.,

as Authorized Representative under the Credit Agreement,

U.S. BANK NATIONAL ASSOCIATION,

as the Initial Other Authorized Representative,

and

each additional Authorized Representative from time to time party hereto


TABLE OF CONTENTS

 

          Page
ARTICLE I
DEFINITIONS
SECTION 1.01   

Construction; Certain Defined Terms

   1
ARTICLE II
PRIORITIES AND AGREEMENTS WITH RESPECT TO SHARED COLLATERAL
SECTION 2.01   

Priority of Claims

   7
SECTION 2.02   

Actions with Respect to Shared Collateral; Prohibition on Contesting Liens

   8
SECTION 2.03   

No Interference; Payment Over

   9
SECTION 2.04   

Automatic Release of Liens; Amendments to First Lien Security Documents

   10
SECTION 2.05   

Certain Agreements with Respect to Bankruptcy or Insolvency Proceedings

   11
SECTION 2.06   

Reinstatement

   12
SECTION 2.07   

Insurance

   12
SECTION 2.08   

Refinancings

   12
SECTION 2.09   

Possessory Collateral Agent as Gratuitous Bailee for Perfection

   13
ARTICLE III
EXISTENCE AND AMOUNTS OF LIENS AND OBLIGATIONS
ARTICLE IV
THE COLLATERAL AGENT
SECTION 4.01   

Appointment and Authority

   14
SECTION 4.02   

Rights as a First Lien Secured Party

   15
SECTION 4.03   

Exculpatory Provisions

   15
SECTION 4.04   

Reliance by Collateral Agent

   16
SECTION 4.05   

Delegation of Duties

   17
SECTION 4.06   

Resignation of Collateral Agent

   17
SECTION 4.07   

Non-Reliance on Collateral Agent and Other First Lien Secured Parties

   18
SECTION 4.08   

Collateral and Guaranty Matters

   18

 

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          Page
ARTICLE V
MISCELLANEOUS
SECTION 5.01   

Notices

   18
SECTION 5.02   

Waivers; Amendment; Joinder Agreements

   19
SECTION 5.03   

Parties in Interest

   20
SECTION 5.04   

Survival of Agreement

   20
SECTION 5.05   

Counterparts

   20
SECTION 5.06   

Severability

   20
SECTION 5.07   

Governing Law

   20
SECTION 5.08   

Submission to Jurisdiction; Waivers

   20
SECTION 5.09   

WAIVER OF JURY TRIAL

   21
SECTION 5.10   

Headings

   21
SECTION 5.11   

Conflicts

   21
SECTION 5.12   

Provisions Solely to Define Relative Rights

   21
SECTION 5.13   

Integration

   22

 

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FIRST LIEN INTERCREDITOR AGREEMENT (as amended, restated, modified or supplemented from time to time, this “Agreement”) dated as of June 10, 2009, among BANK OF AMERICA, N.A., as collateral agent for the First Lien Secured Parties (as defined below) (in such capacity and together with its successors in such capacity, the “Collateral Agent”), BANK OF AMERICA, N.A., as Authorized Representative for the Credit Agreement Secured Parties (in such capacity and together with its successors in such capacity, the “Administrative Agent”), U.S. BANK NATIONAL ASSOCIATION, as Authorized Representative for the Initial Other First Lien Secured Parties (in such capacity and together with its successors in such capacity, the “Initial Other Authorized Representative”), and each additional Authorized Representative from time to time party hereto for the Other First Lien Secured Parties of the Series with respect to which it is acting in such capacity.

In consideration of the mutual agreements herein contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Collateral Agent, the Administrative Agent (for itself and on behalf of the Credit Agreement Secured Parties), the Initial Other Authorized Representative (for itself and on behalf of the Initial Other First Lien Secured Parties) and each additional Authorized Representative (for itself and on behalf of the Other First Lien Secured Parties of the applicable Series) agree as follows:

ARTICLE I

Definitions

SECTION 1.01 Construction; Certain Defined Terms.

(a) The definitions of terms herein shall apply equally to the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include”, “includes” and “including” shall be deemed to be followed by the phrase “without limitation”. The word “will” shall be construed to have the same meaning and effect as the word “shall”. Unless the context requires otherwise, (i) any definition of or reference to any agreement, instrument, other document, statute or regulation herein shall be construed as referring to such agreement, instrument, other document, statute or regulation as from time to time amended, supplemented or otherwise modified, (ii) any reference herein to any Person shall be construed to include such Person’s successors and assigns, but shall not be deemed to include the subsidiaries of such Person unless express reference is made to such subsidiaries, (iii) the words “herein”, “hereof and “hereunder”, and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (iv) all references herein to Articles, Sections and Annexes shall be construed to refer to Articles, Sections and Annexes of this Agreement, (v) unless otherwise expressly qualified herein, the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including cash, securities, accounts and contract rights and (vi) the term “or” is not exclusive.

(b) It is the intention of the First Lien Secured Parties of each Series that the holders of First Lien Obligations of such Series (and not the First Lien Secured Parties of any other Series) bear the risk of (i) any determination by a court of competent jurisdiction that


(x) any of the First Lien Obligations of such Series are unenforceable under applicable law or are subordinated to any other obligations (other than another Series of First Lien Obligations), (y) any of the First Lien Obligations of such Series do not have an enforceable security interest in any of the Collateral securing any other Series of First Lien Obligations and/or (z) any intervening security interest exists securing any other obligations (other than another Series of First Lien Obligations) on a basis ranking prior to the security interest of such Series of First Lien Obligations but junior to the security interest of any other Series of First Lien Obligations or (ii) the existence of any Collateral for any other Series of First Lien Obligations that is not Shared Collateral (any such condition referred to in the foregoing clauses (i) or (ii) with respect to any Series of First Lien Obligations, an “Impairment” of such Series); provided that the existence of a maximum claim with respect to any limitation on the amount that is permitted to be secured without equally and ratably securing the Retained Indebtedness which applies to all First Lien Obligations shall not be deemed to be an Impairment of any Series of First Lien Obligations. In the event of any Impairment with respect to any Series of First Lien Obligations, the results of such Impairment shall be borne solely by the holders of such Series of First Lien Obligations, and the rights of the holders of such Series of First Lien Obligations (including, without limitation, the right to receive distributions in respect of such Series of First Lien Obligations pursuant to Section 2.01) set forth herein shall be modified to the extent necessary so that the effects of such Impairment are borne solely by the holders of the Series of such First Lien Obligations subject to such Impairment. Additionally, in the event the First Lien Obligations of any Series are modified pursuant to applicable law (including, without limitation, pursuant to Section 1129 of the Bankruptcy Code), any reference to such First Lien Obligations or the Secured Credit Documents governing such First Lien Obligations shall refer to such obligations or such documents as so modified.

(c) Capitalized terms used and not otherwise defined herein shall have the meanings set forth in the Credit Agreement. As used in this Agreement, the following terms have the meanings specified below:

Administrative Agent” shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

Agreement” shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

Applicable Authorized Representative” means, with respect to any Shared Collateral, (i) until the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Controlling Authorized Representative Enforcement Date, the Administrative Agent and (ii) from and after the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Controlling Authorized Representative Enforcement Date, the Major Non-Controlling Authorized Representative.

Authorized Representative” means (i) in the case of any Credit Agreement Obligations or the Credit Agreement Secured Parties, the Administrative Agent, (ii) in the case of the Initial Other First Lien Obligations or the Initial Other First Lien Secured Parties, the Initial Other Authorized Representative and (iii) in the case of any Series of Other First Lien Obligations or Other First Lien Secured Parties that become subject to this Agreement after the date hereof, the Authorized Representative named for such Series in the applicable Joinder Agreement.

 

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Bankruptcy Case” shall have the meaning assigned to such term in Section 2.05(b).

Bankruptcy Code” shall mean Title 11 of the United States Code, as amended.

Bankruptcy Law” shall mean the Bankruptcy Code and any similar Federal, state or foreign law for the relief of debtors.

Collateral” means all assets and properties subject to Liens created pursuant to any First Lien Security Document to secure one or more Series of First Lien Obligations.

Collateral Agent” shall have the meaning assigned to such term in the introductory paragraph hereof.

Controlling Secured Parties” means, with respect to any Shared Collateral, the Series of First Lien Secured Parties whose Authorized Representative is the Applicable Authorized Representative for such Shared Collateral.

Credit Agreement” means that certain Credit Agreement, dated as of January 28, 2008 (as amended, restated, supplemented or otherwise modified, refinanced or replaced from time to time), among Harrah’s Entertainment, Inc., Harrah’s Operating Company, Inc. (the “Company” or the “Borrower”), the lending institutions from time to time parties thereto, the Administrative Agent and the other parties thereto.

Credit Agreement Obligations” means the “Obligations” as defined in the Credit Agreement.

Credit Agreement Secured Parties” means the “Secured Parties” as defined in the Credit Agreement.

DIP Financing” shall have the meaning assigned to such term in Section 2.05(b).

DIP Financing Liens” shall have the meaning assigned to such term in Section 2.05(b).

DIP Lenders” shall have the meaning assigned to such term in Section 2.05(b).

Discharge” means, with respect to any Shared Collateral and any Series of First Lien Obligations, the date on which such Series of First Lien Obligations is no longer secured by such Shared Collateral. The term “Discharged” shall have a corresponding meaning.

Discharge of Credit Agreement Obligations” means, with respect to any Shared Collateral, the Discharge of the Credit Agreement Obligations with respect to such Shared Collateral; provided that the Discharge of Credit Agreement Obligations shall not be deemed to have

 

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occurred in connection with a Refinancing of such Credit Agreement Obligations with additional First Lien Obligations secured by such Shared Collateral under an Other First Lien Agreement which has been designated in writing by the Administrative Agent (under the Credit Agreement so Refinanced) to the Collateral Agent and each other Authorized Representative as the “Credit Agreement” for purposes of this Agreement.

Event of Default” shall have the meaning set forth in the Security Agreement.

First Lien Obligations” means, collectively, (i) the Credit Agreement Obligations and (ii) each Series of Other First Lien Obligations.

First Lien Secured Parties” means (a) the Credit Agreement Secured Parties and (ii) the Other First Lien Secured Parties with respect to each Series of Other First Lien Obligations.

First Lien Security Documents” means the Security Agreement and each other agreement entered into in favor of the Collateral Agent for purposes of securing any Series of First Lien Obligations.

Grantors” means the Company and each Subsidiary or direct or indirect parent company of the Company which has granted a security interest pursuant to any First Lien Security Document to secure any Series of First Lien Obligations.

Impairment” shall have the meaning assigned to such term in Section 1.01(b).

Initial Other Authorized Representative” shall have the meaning assigned to such term in the introductory paragraph to this Agreement.

Initial First Lien Notes Offering Memorandum” shall mean the offering memorandum, dated May 27, 2009, in respect of the Initial First Lien Notes.

Initial Other First Lien Agreement” means that certain Indenture dated as of June 10, 2009, among the Company, the Subsidiaries identified therein and U.S. Bank National Association, as trustee.

Initial Other First Lien Obligations” means the Other First Lien Obligations pursuant to the Initial Other First Lien Agreement.

Initial Other First Lien Secured Parties” means the holders of any Initial Other First Lien Obligations and the Initial Other Authorized Representative.

Insolvency or Liquidation Proceeding” means:

(1) any case commenced by or against the Company or any other Grantor under any Bankruptcy Law, any other proceeding for the reorganization, recapitalization or adjustment or marshalling of the assets or liabilities of the Company or any other Grantor, any receivership or assignment for the benefit of creditors relating to the Company or any other Grantor or any similar case or proceeding relative to the Company or any other Grantor or its creditors, as such, in each case whether or not voluntary;

 

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(2) any liquidation, dissolution, marshalling of assets or liabilities or other winding up of or relating to the Company or any other Grantor, in each case whether or not voluntary and whether or not involving bankruptcy or insolvency; or

(3) any other proceeding of any type or nature in which substantially all claims of creditors of the Company or any other Grantor are determined and any payment or distribution is or may be made on account of such claims.

Intercreditor Agreement” shall have the meaning assigned to such term in the Credit Agreement.

Intervening Creditor” shall have the meaning assigned to such term in Section 2.01(a).

Joinder Agreement” means the documents required to be delivered by an Authorized Representative to the Collateral Agent pursuant to Section 7.23 of the Security Agreement in order to create an additional Series of Other First Lien Obligations or a Refinancing of any Series of First Lien Obligations.

Lien” shall mean any mortgage, pledge, security interest, hypothecation, assignment, lien (statutory or other) or similar encumbrance (including any agreement to give any of the foregoing, any conditional sale or other title retention agreement or any lease in the nature thereof).

Major Non-Controlling Authorized Representative” means, with respect to any Shared Collateral, the Authorized Representative of the Series of Other First Lien Obligations that constitutes the largest outstanding principal amount of any then outstanding Series of First Lien Obligations with respect to such Shared Collateral.

New York UCC” shall mean the Uniform Commercial Code as from time to time in effect in the State of New York.

Non-Controlling Authorized Representative” means, at any time with respect to any Shared Collateral, any Authorized Representative that is not the Applicable Authorized Representative at such time with respect to such Shared Collateral.

Non-Controlling Authorized Representative Enforcement Date” means, with respect to any Non-Controlling Authorized Representative, the date which is 180 days (throughout which 180 day period such Non-Controlling Authorized Representative was the Major Non-Controlling Authorized Representative) after the occurrence of both (i) an Event of Default (under and as defined in the Other First Lien Agreement under which such Non-Controlling Authorized Representative is the Authorized Representative) and (ii) the Collateral Agent’s and each other Authorized Representative’s receipt of written notice from such Non-Controlling Authorized Representative certifying that (x) such Non-Controlling Authorized Representative is the Major Non-Controlling Authorized Representative and that an Event of Default (under and as

 

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defined in the Other First Lien Agreement under which such Non-Controlling Authorized Representative is the Authorized Representative) has occurred and is continuing and (y) the First Lien Obligations of the Series with respect to which such Non-Controlling Authorized Representative is the Authorized Representative are currently due and payable in full (whether as a result of acceleration thereof or otherwise) in accordance with the terms of the applicable Other First Lien Agreement; provided that the Non-Controlling Authorized Representative Enforcement Date shall be stayed and shall not occur and shall be deemed not to have occurred with respect to any Shared Collateral (1) at any time the Administrative Agent or the Collateral Agent has commenced and is diligently pursuing any enforcement action with respect to such Shared Collateral or (2) at any time the Grantor that has granted a security interest in such Shared Collateral is then a debtor under or with respect to (or otherwise subject to) any Insolvency or Liquidation Proceeding.

Non-Controlling Secured Parties” means, with respect to any Shared Collateral, the First Lien Secured Parties which are not Controlling Secured Parties with respect to such Shared Collateral.

Other First Lien Agreement” shall have the meaning given such term by the Security Agreement and shall include the Initial Other First Lien Agreement.

Other First Lien Obligations” shall have the meaning given such term by the Security Agreement and shall include the Initial Other First Lien Obligations.

Other First Lien Secured Party” means the holders of any Other First Lien Obligations and any Authorized Representative with respect thereto and shall include the Initial Other First Lien Secured Parties.

Possessory Collateral” means any Shared Collateral in the possession of the Collateral Agent (or its agents or bailees), to the extent that possession thereof perfects a Lien thereon under the Uniform Commercial Code of any jurisdiction or otherwise. Possessory Collateral includes, without limitation, any Certificated Securities, Promissory Notes, Instruments, and Chattel Paper, in each case, delivered to or in the possession of the Collateral Agent under the terms of the First Lien Security Documents. All capitalized terms used in this definition and not defined elsewhere in this Agreement have the meanings assigned to them in the New York UCC.

Proceeds” shall have the meaning assigned to such term in Section 2.01(a).

Refinance” means, in respect of any indebtedness, to refinance, extend, renew, defease, amend, increase, modify, supplement, restructure, refund, replace or repay, or to issue other indebtedness or enter alternative financing arrangements, in exchange or replacement for such indebtedness (in whole or in part), including by adding or replacing lenders, creditors, agents, borrowers and/or guarantors, and including in each case, but not limited to, after the original instrument giving rise to such indebtedness has been terminated and including, in each case, through any credit agreement, indenture or other agreement. “Refinanced” and “Refinancing” have correlative meanings.

 

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Secured Credit Document” means (i) the Credit Agreement and the Loan Documents (as defined in the Credit Agreement), (ii) the Initial Other First Lien Agreement and (iii) each Other First Lien Agreement.

Security Agreement” means the Amended and Restated Collateral Agreement, dated as of the date hereof, by and among the Grantors party thereto, the Collateral Agent and the Authorized Representatives from time to time party thereto, as the same may be further amended, restated, supplemented or modified from time to time.

Series” means (a) with respect to the First Lien Secured Parties, each of (i) the Credit Agreement Secured Parties (in their capacities as such), (ii) the Initial Other First Lien Secured Parties (in their capacity as such) and (iii) the Other First Lien Secured Parties that become subject to this Agreement after the date hereof that are represented by a common Authorized Representative (in its capacity as such for such Other First Lien Secured Parties) and (b) with respect to any First Lien Obligations, each of (i) the Credit Agreement Obligations, (ii) the Initial Other First Lien Obligations and (iii) the Other First Lien Obligations incurred pursuant to any Other First Lien Agreement, which pursuant to any Joinder Agreement, are to be represented hereunder by a common Authorized Representative (in its capacity as such for such Other First Lien Obligations).

Shared Collateral” means, at any time, Collateral in which the holders of two or more Series of First Lien Obligations (or their respective Authorized Representatives or the Collateral Agent on behalf of such holders) hold a valid and perfected security interest or Lien at such time; provided that “Shared Collateral” shall also include rights to payment pursuant to Section 2(b) of the Intercreditor Agreement to which the holders of two or more Series of First Lien Obligations (or their Authorized Representatives) would be entitled (and any reference in this Agreement to any valid and perfected lien of any Series of First Lien Obligations with respect to any such rights to payment under such Section shall mean that the holders such Series (or their Authorized Representative) are entitled to such payment pursuant to the Intercreditor Agreement). If more than two Series of First Lien Obligations are outstanding at any time and the holders of less than all Series of First Lien Obligations hold a valid and perfected security interest or Lien in any Collateral at such time, then such Collateral shall constitute Shared Collateral for those Series of First Lien Obligations that hold a valid security interest or Lien in such Collateral at such time and shall not constitute Shared Collateral for any Series which does not have a valid and perfected security interest or Lien in such Collateral at such time.

ARTICLE II

Priorities and Agreements with Respect to Shared Collateral

SECTION 2.01 Priority of Claims.

(a) Anything contained herein or in any of the Secured Credit Documents to the contrary notwithstanding (but subject to Section 1.01(b)), if an Event of Default has occurred and is continuing, and the Collateral Agent is taking action to enforce rights in respect of any Shared Collateral, or any distribution is made in respect of any Shared Collateral in any Bankruptcy Case of any Grantor or any First Lien Secured Party receives any payment pursuant to any

 

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intercreditor agreement (other than this Agreement) with respect to any Shared Collateral, the proceeds of any sale, collection or other liquidation of any such Collateral by any First Lien Secured Party or received by the Collateral Agent or any First Lien Secured Party pursuant to any such intercreditor agreement with respect to such Shared Collateral and proceeds of any such distribution (subject, in the case of any such distribution, to the sentence immediately following) to which the First Lien Obligations are entitled under any intercreditor agreement (other than this Agreement) (all proceeds of any sale, collection or other liquidation of any Collateral and all proceeds of any such distribution being collectively referred to as “Proceeds”), shall be applied by the Collateral Agent in the order specified in Section 5.02 of the Security Agreement. Notwithstanding the foregoing, with respect to any Shared Collateral for which a third party (other than a First Lien Secured Party) has a lien or security interest that is junior in priority to the security interest of any Series of First Lien Obligations but senior (as determined by appropriate legal proceedings in the case of any dispute) to the security interest of any other Series of First Lien Obligations (such third party an “Intervening Creditor”), the value of any Shared Collateral or Proceeds which are allocated to such Intervening Creditor shall be deducted on a ratable basis solely from the Shared Collateral or Proceeds to be distributed in respect of the Series of First Lien Obligations with respect to which such Impairment exists.

(b) It is acknowledged that the First Lien Obligations of any Series may, subject to the limitations set forth in the then extant Secured Credit Documents, be increased, extended, renewed, replaced, restated, supplemented, restructured, repaid, refunded, Refinanced or otherwise amended or modified from time to time, all without affecting the priorities set forth in Section 2.01(a) or the provisions of this Agreement defining the relative rights of the First Lien Secured Parties of any Series.

(c) Notwithstanding the date, time, method, manner or order of grant, attachment or perfection of any Liens securing any Series of First Lien Obligations granted on the Shared Collateral and notwithstanding any provision of the Uniform Commercial Code of any jurisdiction, or any other applicable law or the Secured Credit Documents or any defect or deficiencies in the Liens securing the First Lien Obligations of any Series or any other circumstance whatsoever (but, in each case, subject to Section 1.01(b)), each First Lien Secured Party hereby agrees that the Liens securing each Series of First Lien Obligations on any Shared Collateral shall be of equal priority.

SECTION 2.02 Actions with Respect to Shared Collateral; Prohibition on Contesting Liens.

(a) With respect to any Shared Collateral, (i) notwithstanding Section 2.01, only the Collateral Agent shall act or refrain from acting with respect to the Shared Collateral (including with respect to any intercreditor agreement with respect to any Shared Collateral), and then only on the instructions of the Applicable Authorized Representative, (ii) the Collateral Agent shall not follow any instructions with respect to such Shared Collateral (including with respect to any intercreditor agreement with respect to any Shared Collateral) from any Non-Controlling Authorized Representative (or any other First Lien Secured Party other than the Applicable Authorized Representative) and (iii) no Non-Controlling Authorized Representative or other First Lien Secured Party (other than the Applicable Authorized Representative) shall or shall instruct the Collateral Agent to, commence any judicial or nonjudicial foreclosure proceedings

 

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with respect to, seek to have a trustee, receiver, liquidator or similar official appointed for or over, attempt any action to take possession of, exercise any right, remedy or power with respect to, or otherwise take any action to enforce its security interest in or realize upon, or take any other action available to it in respect of, any Shared Collateral (including with respect to any intercreditor agreement with respect to any Shared Collateral), whether under any First Lien Security Document, applicable law or otherwise, it being agreed that only the Collateral Agent, acting on the instructions of the Applicable Authorized Representative and in accordance with the applicable First Lien Security Documents, shall be entitled to take any such actions or exercise any such remedies with respect to Shared Collateral. Notwithstanding the equal priority of the Liens, the Collateral Agent (acting on the instructions of the Applicable Authorized Representative) may deal with the Shared Collateral as if such Applicable Authorized Representative had a senior Lien on such Collateral. No Non-Controlling Authorized Representative or Non-Controlling Secured Party will contest, protest or object to any foreclosure proceeding or action brought by the Collateral Agent, the Applicable Authorized Representative or the Controlling Secured Party or any other exercise by the Collateral Agent, the Applicable Authorized Representative or the Controlling Secured Party of any rights and remedies relating to the Shared Collateral, or to cause the Collateral Agent to do so. The foregoing shall not be construed to limit the rights and priorities of any First Lien Secured Party, Collateral Agent or any Authorized Representative with respect to any Collateral not constituting Shared Collateral.

(b) Each of the Authorized Representatives agrees that it will not accept any Lien on any Collateral for the benefit of any Series of First Lien Obligations (other than funds deposited for the discharge or defeasance of any Other First Lien Agreement) other than pursuant to the First Lien Security Documents, and by executing this Agreement (or a Joinder Agreement), each Authorized Representative and the Series of First Lien Secured Parties for which it is acting hereunder agree to be bound by the provisions of this Agreement and the other First Lien Security Documents applicable to it.

(c) Each of the First Lien Secured Parties agrees that it will not (and hereby waives any right to) contest or support any other Person in contesting, in any proceeding (including any Insolvency or Liquidation Proceeding), the perfection, priority, validity or enforceability of a Lien held by or on behalf of any of the First Lien Secured Parties in all or any part of the Collateral, or the provisions of this Agreement; provided that nothing in this Agreement shall be construed to prevent or impair (i) the rights of any of the Collateral Agent or any Authorized Representative to enforce this Agreement or (ii) the rights of any First Lien Secured Party from contesting or supporting any other Person in contesting the enforceability of any Lien purporting to secure First Lien Obligations constituting unmatured interest pursuant to Section 502(b)(2) of the Bankruptcy Code.

SECTION 2.03 No Interference; Payment Over.

(a) Each First Lien Secured Party agrees that (i) it will not challenge or question in any proceeding the validity or enforceability of any First Lien Obligations of any Series or any First Lien Security Document or the validity, attachment, perfection or priority of any Lien under any First Lien Security Document or the validity or enforceability of the priorities, rights or duties established by or other provisions of this Agreement; provided that nothing in this Agreement shall be construed to prevent or impair the rights of any First Lien Secured Party

 

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from challenging or questioning the validity or enforceability of any First Lien Obligations constituting unmatured interest or the validity of any Lien relating thereto pursuant to Section 502(b)(2) of the Bankruptcy Code; (ii) it will not take or cause to be taken any action the purpose or intent of which is, or could be, to interfere, hinder or delay, in any manner, whether by judicial proceedings or otherwise, any sale, transfer or other disposition of the Shared Collateral by the Collateral Agent, (iii) except as provided in Section 2.02, it shall have no right to (A) direct the Collateral Agent or any other First Lien Secured Party to exercise any right, remedy or power with respect to any Shared Collateral (including pursuant to any intercreditor agreement) or (B) consent to the exercise by the Collateral Agent or any other First Lien Secured Party of any right, remedy or power with respect to any Shared Collateral, (iv) it will not institute any suit or assert in any suit, bankruptcy, insolvency or other proceeding any claim against the Collateral Agent or any other First Lien Secured Party seeking damages from or other relief by way of specific performance, instructions or otherwise with respect to any Shared Collateral, and none of the Collateral Agent, any Applicable Authorized Representative or any other First Lien Secured Party shall be liable for any action taken or omitted to be taken by the Collateral Agent, such Applicable Authorized Representative or other First Lien Secured Party with respect to any Shared Collateral in accordance with the provisions of this Agreement, (v) it will not seek, and hereby waives any right, to have any Shared Collateral or any part thereof marshaled upon any foreclosure or other disposition of such Collateral and (vi) it will not attempt, directly or indirectly, whether by judicial proceedings or otherwise, to challenge the enforceability of any provision of this Agreement; provided that nothing in this Agreement shall be construed to prevent or impair the rights of any of the Collateral Agent or any other First Lien Secured Party to enforce this Agreement.

(b) Each First Lien Secured Party hereby agrees that if it shall obtain possession of any Shared Collateral or shall realize any proceeds or payment in respect of any such Shared Collateral, pursuant to any First Lien Security Document or by the exercise of any rights available to it under applicable law or in any Insolvency or Liquidation Proceeding or through any other exercise of remedies (including pursuant to any intercreditor agreement), at any time prior to the Discharge of each of the First Lien Obligations, then it shall hold such Shared Collateral, proceeds or payment in trust for the other First Lien Secured Parties and promptly transfer such Shared Collateral, proceeds or payment, as the case may be, to the Collateral Agent, to be distributed by the Collateral Agent in accordance with the provisions of Section 2.01(a) hereof.

SECTION 2.04 Automatic Release of Liens; Amendments to First Lien Security Documents.

(a) If, at any time any Shared Collateral is transferred to a third party or otherwise disposed of, in each case, in connection with any enforcement by the Collateral Agent in accordance with the provisions of this Agreement, then (whether or not any Insolvency or Liquidation Proceeding is pending at the time) the Liens in favor of the Collateral Agent for the benefit of each Series of First Lien Secured Parties upon such Shared Collateral will automatically be released and discharged upon final conclusion of foreclosure proceeding; provided that any proceeds of any Shared Collateral realized therefrom shall be applied pursuant to Section 2.01 hereof.

 

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(b) Each First Lien Secured Party agrees that the Collateral Agent may enter into any amendment (and, upon request by the Collateral Agent, each Authorized Representative shall sign a consent to such amendment) to any First Lien Security Document (including, without limitation, to release Liens securing any Series of First Lien Obligations) so long as such amendment, subject to clause (d) below, is permitted by the terms of each then extant Secured Credit Document. Additionally, each First Lien Secured Party agrees that the Collateral Agent may enter into any amendment (and, upon request by the Collateral Agent, each Authorized Representative shall sign a consent to such amendment) to any First Lien Security Document solely as such First Lien Security Document relates to a particular Series of First Lien Obligations (including, without limitation, to release Liens securing such Series of First Lien Obligations) so long as (x) such amendment is in accordance with the Secured Credit Document pursuant to which such Series of First Lien Obligations was incurred and (y) such amendment does not adversely affect the First Lien Secured Parties of any other Series.

(c) Each Authorized Representative agrees to execute and deliver (at the sole cost and expense of the Grantors) all such authorizations and other instruments as shall reasonably be requested by the Collateral Agent to evidence and confirm any release of Shared Collateral or amendment to any First Lien Security Document provided for in this Section.

(d) In determining whether an amendment to any First Lien Security Document is permitted by this Section 2.04, the Collateral Agent may conclusively rely on a certificate of an officer of the Company stating that such amendment is permitted by Section 2.04(b) above.

SECTION 2.05 Certain Agreements with Respect to Bankruptcy or Insolvency Proceedings.

(a) This Agreement shall continue in full force and effect notwithstanding the commencement of any proceeding under the Bankruptcy Code or any other Federal, state or foreign bankruptcy, insolvency, receivership or similar law by or against the Company or any of its subsidiaries.

(b) If any Grantor shall become subject to a case (a “Bankruptcy Case”) under the Bankruptcy Code and shall, as debtor(s)-in-possession, move for approval of financing (“DIP Financing”) to be provided by one or more lenders (the “DIP Lenders”) under Section 364 of the Bankruptcy Code or the use of cash collateral under Section 363 of the Bankruptcy Code, each First Lien Secured Party (other than any Controlling Secured Party or any Authorized Representative of any Controlling Secured Party) agrees that it will raise no objection to any such financing or to the Liens on the Shared Collateral securing the same (“DIP Financing Liens”) or to any use of cash collateral that constitutes Shared Collateral, unless any Controlling Secured Party, or an Authorized Representative of any Controlling Secured Party, shall then oppose or object to such DIP Financing or such DIP Financing Liens or use of cash collateral (and (i) to the extent that such DIP Financing Liens are senior to the Liens on any such Shared Collateral for the benefit of the Controlling Secured Parties, each Non-Controlling Secured Party will subordinate its Liens with respect to such Shared Collateral on the same terms as the Liens of the Controlling Secured Parties (other than any Liens of any First Lien Secured Parties constituting DIP Financing Liens) are subordinated thereto, and (ii) to the extent that such DIP Financing

 

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Liens rank pari passu with the Liens on any such Shared Collateral granted to secure the First Lien Obligations of the Controlling Secured Parties, each Non-Controlling Secured Party will confirm the priorities with respect to such Shared Collateral as set forth herein), in each case so long as (A) the First Lien Secured Parties of each Series retain the benefit of their Liens on all such Shared Collateral pledged to the DIP Lenders, including proceeds thereof arising after the commencement of such proceeding, with the same priority vis-a-vis all the other First Lien Secured Parties (other than any Liens of the First Lien Secured Parties constituting DIP Financing Liens) as existed prior to the commencement of the Bankruptcy Case, (B) the First Lien Secured Parties of each Series are granted Liens on any additional collateral pledged to any First Lien Secured Parties as adequate protection or otherwise in connection with such DIP Financing or use of cash collateral, with the same priority vis-a-vis the First Lien Secured Parties as set forth in this Agreement, (C) if any amount of such DIP Financing or cash collateral is applied to repay any of the First Lien Obligations, such amount is applied pursuant to Section 2.01(a) of this Agreement, and (D) if any First Lien Secured Parties are granted adequate protection, including in the form of periodic payments, in connection with such DIP Financing or use of cash collateral, the proceeds of such adequate protection is applied pursuant to Section 2.01(a) of this Agreement; provided that the First Lien Secured Parties of each Series shall have a right to object to the grant of a Lien to secure the DIP Financing over any Collateral subject to Liens in favor of the First Lien Secured Parties of such Series or its Authorized Representative that shall not constitute Shared Collateral; and provided, further, that the First Lien Secured Parties receiving adequate protection shall not object to any other First Lien Secured Party receiving adequate protection comparable to any adequate protection granted to such First Lien Secured Parties in connection with a DIP Financing or use of cash collateral.

SECTION 2.06 Reinstatement. In the event that any of the First Lien Obligations shall be paid in full and such payment or any part thereof shall subsequently, for whatever reason (including an order or judgment for disgorgement of a preference under Title 11 of the United Stated Code, or any similar law, or the settlement of any claim in respect thereof), be required to be returned or repaid, the terms and conditions of this Article II shall be fully applicable thereto until all such First Lien Obligations shall again have been paid in full in cash.

SECTION 2.07 Insurance. As between the First Lien Secured Parties, the Collateral Agent, acting at the direction of the Applicable Authorized Representative, shall have the right to adjust or settle any insurance policy or claim covering or constituting Shared Collateral in the event of any loss thereunder and to approve any award granted in any condemnation or similar proceeding affecting the Shared Collateral.

SECTION 2.08 Refinancings. The First Lien Obligations of any Series may be Refinanced, in whole or in part, in each case, without notice to, or the consent (except to the extent a consent is otherwise required to permit the refinancing transaction under any Secured Credit Document) of any First Lien Secured Party of any other Series, all without affecting the priorities provided for herein or the other provisions hereof; provided that the Authorized Representative of the holders of any such Refinancing indebtedness shall have executed a Joinder Agreement on behalf of the holders of such Refinancing indebtedness.

 

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SECTION 2.09 Possessory Collateral Agent as Gratuitous Bailee for Perfection.

(a) The Collateral Agent agrees to hold any Shared Collateral constituting Possessory Collateral that is part of the Collateral in its possession or control (or in the possession or control of its agents or bailees) as gratuitous bailee for the benefit of each other First Lien Secured Party and any assignee solely for the purpose of perfecting the security interest granted in such Possessory Collateral, if any, pursuant to the applicable First Lien Security Documents, in each case, subject to the terms and conditions of this Section 2.09. Pending delivery to the Collateral Agent, each other Authorized Representative agrees to hold any Shared Collateral constituting Possessory Collateral, from time to time in its possession, as gratuitous bailee for the benefit of each other First Lien Secured Party and any assignee, solely for the purpose of perfecting the security interest granted in such Possessory Collateral, if any, pursuant to the applicable First Lien Security Documents, in each case, subject to the terms and conditions of this Section 2.09.

(b) The duties or responsibilities of the Collateral Agent and each other Authorized Representative under this Section 2.09 shall be limited solely to holding any Shared Collateral constituting Possessory Collateral as gratuitous bailee for the benefit of each other First Lien Secured Party for purposes of perfecting the Lien held by such First Lien Secured Parties therein.

ARTICLE III

Existence and Amounts of Liens and Obligations

Whenever the Collateral Agent or any Authorized Representative shall be required, in connection with the exercise of its rights or the performance of its obligations hereunder, to determine the existence or amount of any First Lien Obligations of any Series, or the Shared Collateral subject to any Lien securing the First Lien Obligations of any Series, it may request that such information be furnished to it in writing by each other Authorized Representative and shall be entitled to make such determination on the basis of the information so furnished; provided, however, that if an Authorized Representative shall fail or refuse reasonably promptly to provide the requested information, the requesting Collateral Agent or Authorized Representative shall be entitled to make any such determination or not make any determination by such method as it may, in the exercise of its good faith judgment, determine, including by reliance upon a certificate of the Company. The Collateral Agent and each Authorized Representative may rely conclusively, and shall be fully protected in so relying, on any determination made by it in accordance with the provisions of the preceding sentence (or as otherwise directed by a court of competent jurisdiction) and shall have no liability to any Grantor, any First Lien Secured Party or any other person as a result of such determination.

 

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ARTICLE IV

The Collateral Agent

SECTION 4.01 Appointment and Authority.

(a) Each of the First Lien Secured Parties hereby irrevocably appoints Bank of America, N.A. to act on its behalf as the Collateral Agent hereunder and under each of the other First Lien Security Documents and authorizes the Collateral Agent to take such actions on its behalf and to exercise such powers as are delegated to the Collateral Agent by the terms hereof or thereof, including for purposes of acquiring, holding and enforcing any and all Liens on Collateral granted by any Grantor to secure any of the First Lien Obligations, together with such powers and discretion as are reasonably incidental thereto. In this connection, the Collateral Agent and any co-agents, sub-agents and attorneys-in-fact appointed by the Collateral Agent pursuant to Section 4.05 for purposes of holding or enforcing any Lien on the Collateral (or any portion thereof) granted under any of the First Lien Security Documents, or for exercising any rights and remedies thereunder at the direction of the Applicable Authorized Representative), shall be entitled to the benefits of all provisions of this Article IV and Section 9.05 of the Credit Agreement and the equivalent provision of any Other First Lien Agreement (as though such co-agents, sub-agents and attorneys-in-fact were the “Collateral Agent” under the First Lien Security Documents) as if set forth in full herein with respect thereto.

(b) Each Non-Controlling Secured Party acknowledges and agrees that the Collateral Agent shall be entitled, for the benefit of the First Lien Secured Parties, to sell, transfer or otherwise dispose of or deal with any Shared Collateral as provided herein and in the First Lien Security Documents, without regard to any rights to which the holders of the Non-Controlling Secured Obligations would otherwise be entitled as a result of such Non-Controlling Secured Obligations. Without limiting the foregoing, each Non-Controlling Secured Party agrees that none of the Collateral Agent, the Applicable Authorized Representative or any other First Lien Secured Party shall have any duty or obligation first to marshal or realize upon any type of Shared Collateral (or any other Collateral securing any of the First Lien Obligations), or to sell, dispose of or otherwise liquidate all or any portion of such Shared Collateral (or any other Collateral securing any First Lien Obligations), in any manner that would maximize the return to the Non-Controlling Secured Parties, notwithstanding that the order and timing of any such realization, sale, disposition or liquidation may affect the amount of proceeds actually received by the Non-Controlling Secured Parties from such realization, sale, disposition or liquidation. Each of the First Lien Secured Parties waives any claim it may now or hereafter have against the Collateral Agent or the Authorized Representative of any other Series of First Lien Obligations or any other First Lien Secured Party of any other Series arising out of (i) any actions which the Collateral Agent, any Authorized Representative or any First Lien Secured Party takes or omits to take (including, actions with respect to the creation, perfection or continuation of Liens on any Collateral, actions with respect to the foreclosure upon, sale, release or depreciation of, or failure to realize upon, any of the Collateral and actions with respect to the collection of any claim for all or any part of the First Lien Obligations from any account debtor, guarantor or any other party) in accordance with the First Lien Security Documents or any other agreement related thereto or to the collection of the First Lien Obligations or the valuation, use, protection or release of any security for the First Lien Obligations, (ii) any election by any Applicable Authorized Representative

 

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or any holders of First Lien Obligations, in any proceeding instituted under the Bankruptcy Code, of the application of Section 1111(b) of the Bankruptcy Code or (iii) subject to Section 2.05, any borrowing by, or grant of a security interest or administrative expense priority under Section 364 of the Bankruptcy Code by, the Company or any of its subsidiaries, as debtor-in-possession. Notwithstanding any other provision of this Agreement, the Collateral Agent shall not accept any Shared Collateral in full or partial satisfaction of any First Lien Obligations pursuant to Section 9-620 of the Uniform Commercial Code of any jurisdiction, without the consent of each Authorized Representative representing holders of First Lien Obligations for whom such Collateral constitutes Shared Collateral.

SECTION 4.02 Rights as a First Lien Secured Party. The Person serving as the Collateral Agent hereunder shall have the same rights and powers in its capacity as a First Lien Secured Party under any Series of First Lien Obligations that it holds as any other First Lien Secured Party of such Series and may exercise the same as though it were not the Collateral Agent and the term “First Lien Secured Party” or “First Lien Secured Parties” or (as applicable) “Credit Agreement Secured Party”, “Credit Agreement Secured Parties”, “Other First Lien Secured Party” or “Other First Lien Secured Parties” shall, unless otherwise expressly indicated or unless the context otherwise requires, include the Person serving as the Collateral Agent hereunder in its individual capacity. Such Person and its Affiliates may accept deposits from, lend money to, act as the financial advisor or in any other advisory capacity for and generally engage in any kind of business with the Company or any Subsidiary or other Affiliate thereof as if such Person were not the Collateral Agent hereunder and without any duty to account therefor to any other First Lien Secured Party.

SECTION 4.03 Exculpatory Provisions.

(a) The Collateral Agent shall not have any duties or obligations except those expressly set forth herein and in the other First Lien Security Documents. Without limiting the generality of the foregoing, the Collateral Agent:

(i) shall not be subject to any fiduciary or other implied duties of any kind or nature to any Person, regardless of whether an Event of Default has occurred and is continuing;

(ii) shall not have any duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated hereby or by the other First Lien Security Documents that the Collateral Agent is required to exercise as directed in writing by the Applicable Authorized Representative; provided that the Collateral Agent shall not be required to take any action that, in its opinion or the opinion of its counsel, may expose the Collateral Agent to liability or that is contrary to any First Lien Security Document or applicable law;

(iii) shall not, except as expressly set forth herein and in the other First Lien Security Documents, have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to the Company or any of its Affiliates that is communicated to or obtained by the Person serving as the Collateral Agent or any of its Affiliates in any capacity;

 

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(iv) shall not be liable for any action taken or not taken by it (i) with the consent or at the request of the Applicable Authorized Representative or (ii) in the absence of its own gross negligence or willful misconduct or (iii) in reliance on a certificate of an authorized officer of the Company stating that such action is permitted by the terms of this Agreement. The Collateral Agent shall be deemed not to have knowledge of any Event of Default under any Series of First Lien Obligations unless and until notice describing such Event Default is given to the Collateral Agent by the Authorized Representative of such First Lien Obligations or the Company;

(v) shall not be responsible for or have any duty to ascertain or inquire into (i) any statement, warranty or representation made in or in connection with this Agreement or any other First Lien Security Document, (ii) the contents of any certificate, report or other document delivered hereunder or thereunder or in connection herewith or therewith, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth herein or therein or the occurrence of any Default, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement, any other First Lien Security Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported to be created by the First Lien Security Documents, (v) the value or the sufficiency of any Collateral for any Series of First Lien Obligations, or (v) the satisfaction of any condition set forth in any Secured Credit Document, other than to confirm receipt of items expressly required to be delivered to the Collateral Agent;

(vi) shall not have any fiduciary duties or contractual obligations of any kind or nature under any Other First Lien Agreement (but shall be entitled to all protections provided to the Collateral Agent therein);

(vii) with respect to the Credit Agreement, any Other First Lien Agreement or any First Lien Security Document, may conclusively assume that the Grantors have complied with all of their obligations thereunder unless advised in writing by the Authorized Representative thereunder to the contrary specifically setting forth the alleged violation; and

(viii) may conclusively rely on any certificate of an officer of the Company provided pursuant to Section 2.04(d).

(b) Each Secured Party acknowledges that, in addition to acting as the initial Collateral Agent, Bank of America, N.A. also serves as Administrative Agent under the Credit Agreement and each First Lien Secured Party hereby waives any right to make any objection or claim against Bank of America, N.A. (or any successor Collateral Agent or any of their respective counsel) based on any alleged conflict of interest or breach of duties arising from the Collateral Agent also serving as the Administrative Agent.

SECTION 4.04 Reliance by Collateral Agent. The Collateral Agent shall be entitled to rely upon, and shall not incur any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website posting or other distribution) believed by it to be genuine and to

 

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have been signed, sent or otherwise authenticated by the proper Person. The Collateral Agent also may rely upon any statement made to it orally or by telephone and believed by it to have been made by the proper Person, and shall not incur any liability for relying thereon. The Collateral Agent may consult with legal counsel (who may include, but shall not be limited to counsel for the Company or counsel for the Administrative Agent), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts.

SECTION 4.05 Delegation of Duties. The Collateral Agent may perform any and all of its duties and exercise its rights and powers hereunder or under any other First Lien Security Document by or through any one or more sub-agents appointed by the Collateral Agent. The Collateral Agent and any such sub-agent may perform any and all of its duties and exercise its rights and powers by or through their respective Affiliates. The exculpatory provisions of this Article shall apply to any such sub-agent and to the Affiliates of the Collateral Agent and any such sub-agent.

SECTION 4.06 Resignation of Collateral Agent. The Collateral Agent may at any time give notice of its resignation as Collateral Agent under this Agreement and the other First Lien Security Documents to each Authorized Representative and the Company. Upon receipt of any such notice of resignation, the Applicable Authorized Representative shall have the right (subject, unless an Event of Default relating to the commencement of an Insolvency or Liquidation Proceeding has occurred and is continuing, to the consent of the Company (not to be unreasonably withheld or delayed)), to appoint a successor, which shall be a bank or trust company with an office in the United States, or an Affiliate of any such bank or trust company with an office in the United States. If no such successor shall have been so appointed by the Applicable Authorized Representative and shall have accepted such appointment within 30 days after the retiring Collateral Agent gives notice of its resignation, then the retiring Collateral Agent may, on behalf of the First Lien Secured Parties, appoint a successor Collateral Agent meeting the qualifications set forth above (but without the consent of any other First Lien Secured Party or the Company); provided that if the Collateral Agent shall notify the Company and each Authorized Representative that no qualifying Person has accepted such appointment, then such resignation shall nonetheless become effective in accordance with such notice and (a) the retiring Collateral Agent shall be discharged from its duties and obligations hereunder and under the other First Lien Security Documents (except that in the case of any collateral security held by the Collateral Agent on behalf of the First Lien Secured Parties under any of the First Lien Security Documents, the retiring Collateral Agent shall continue to hold such collateral security solely for purposes of maintaining the perfection of the security interests of the First Lien Secured Parties therein until such time as a successor Collateral Agent is appointed but with no obligation to take any further action at the request of the Applicable Authorized Representative, any other First Lien Secured Parties or any Grantor) and (b) all payments, communications and determinations provided to be made by, to or through the Collateral Agent shall instead be made by or to each Authorized Representative directly, until such time as the Applicable Authorized Representative appoints a successor Collateral Agent as provided for above in this Section. Upon the acceptance of a successor’s appointment as Collateral Agent hereunder and under the First Lien Security Documents, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring (or retired) Collateral Agent, and the retiring Collateral Agent shall be discharged from all of its duties and obligations hereunder or under the other First

 

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Lien Security Documents (if not already discharged therefrom as provided above in this Section). After the retiring Collateral Agent’s resignation hereunder and under the other Loan Documents, the provisions of this Article, Section 8.07 and Section 9.05 of the Credit Agreement and the equivalent provision of any Other First Lien Agreement shall continue in effect for the benefit of such retiring Collateral Agent, its sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while the retiring Collateral Agent was acting as Collateral Agent. Upon any notice of resignation of the Collateral Agent hereunder and under the other First Lien Security Documents, the Company agrees to use commercially reasonable efforts to transfer (and maintain the validity and priority of) the Liens in favor of the retiring Collateral Agent under the First Lien Security Documents to the successor Collateral Agent as promptly as practicable.

SECTION 4.07 Non-Reliance on Collateral Agent and Other First Lien Secured Parties. Each First Lien Secured Party acknowledges that it has, independently and without reliance upon the Collateral Agent, any Authorized Representative or any other First Lien Secured Party or any of their Affiliates and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and the other Secured Credit Documents. Each First Lien Secured Party also acknowledges that it will, independently and without reliance upon the Collateral Agent, any Authorized Representative or any other First Lien Secured Party or any of their Affiliates and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Secured Credit Document or any related agreement or any document furnished hereunder or thereunder.

SECTION 4.08 Collateral and Guaranty Matters. Each of the First Lien Secured Parties irrevocably authorizes the Collateral Agent, at its option and in its discretion,

(a) to release any Lien on any property granted to or held by the Collateral Agent under any First Lien Security Document in accordance with Section 2.04 or upon receipt of a written request from the Company stating that the releases of such Lien is permitted by the terms of each then extant Secured Credit Document;

(b) to release any Grantor from its obligations under the First Lien Security Documents upon receipt of a written request from the Company stating that such release is permitted by the terms of each then extant Secured Credit Document.

ARTICLE V

Miscellaneous

SECTION 5.01 Notices. All notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or registered mail or sent by telecopy, as follows:

(a) if to the Collateral Agent or the Administrative Agent, to it at:

Bank of America, N.A.

Mail Code: TX1-492-14-11

 

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Bank of America Plaza

901 Main Street

Dallas, Texas 75202-3714

Attention: Ronaldo Naval, Agency Management Officer

Telephone: (214) 209-1162

Telecopier: (877) 511-6124

E-mail: ronaldo.naval@bankofamerica.com;

(b) if to the Initial Other Authorized Representative, to it at:

U.S. Bank National Association

EP-MN-WS3C, 60 Livingston Avenue

St. Paul, MN 55107-1419

Telephone: (651) 495-3909

Facsimile: (651) 495-8097

Attn:  Corporate Trust Services,

          Raymond S. Haverstock;

(c) if to any additional Other Authorized Representative, to it at the address set forth in the applicable Joinder Agreement.

Any party hereto may change its address or telecopy number for notices and other communications hereunder by notice to the other parties hereto. All notices and other communications given to any party hereto in accordance with the provisions of this Agreement shall be deemed to have been given on the date of receipt (if a Business Day) and on the next Business Day thereafter (in all other cases) if delivered by hand or overnight courier service or sent by telecopy or on the date five Business Days after dispatch by certified or registered mail if mailed, in each case delivered, sent or mailed (properly addressed) to such party as provided in this Section 5.01 or in accordance with the latest unrevoked direction from such party given in accordance with this Section 5.01. As agreed to in writing among the Collateral Agent and each Authorized Representative from time to time, notices and other communications may also be delivered by e-mail to the e-mail address of a representative of the applicable person provided from time to time by such person.

SECTION 5.02 Waivers; Amendment; Joinder Agreements.

(a) No failure or delay on the part of any party hereto in exercising any right or power hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any other or further exercise thereof or the exercise of any other right or power. The rights and remedies of the parties hereto are cumulative and are not exclusive of any rights or remedies that they would otherwise have. No waiver of any provision of this Agreement or consent to any departure by any party therefrom shall in any event be effective unless the same shall be permitted by paragraph (b) of this Section, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No notice or demand on any party hereto in any case shall entitle such party to any other or further notice or demand in similar or other circumstances.

 

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(b) Neither this Agreement nor any provision hereof may be terminated, waived, amended or modified (other than pursuant to any Joinder Agreement) except pursuant to an agreement or agreements in writing entered into by each Authorized Representative and the Collateral Agent.

(c) Notwithstanding the foregoing, without the consent of any First Lien Secured Party, any Authorized Representative may become a party hereto by execution and delivery of a Joinder Agreement in accordance with Section 7.23 of the Security Agreement and upon such execution and delivery, such Authorized Representative and the Other First Lien Secured Parties and Other First Lien Obligations of the Series for which such Authorized Representative is acting shall be subject to the terms hereof and the terms of the other First Lien Security Documents applicable thereto.

SECTION 5.03 Parties in Interest. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, as well as the other First Lien Secured Parties, all of whom are intended to be bound by, and to be third party beneficiaries of, this Agreement.

SECTION 5.04 Survival of Agreement. All covenants, agreements, representations and warranties made by any party in this Agreement shall be considered to have been relied upon by the other parties hereto and shall survive the execution and delivery of this Agreement.

SECTION 5.05 Counterparts. This Agreement may be executed in counterparts, each of which shall constitute an original but all of which when taken together shall constitute a single contract. Delivery of an executed signature page to this Agreement by facsimile transmission shall be as effective as delivery of a manually signed counterpart of this Agreement.

SECTION 5.06 Severability. Any provision of this Agreement held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of the remaining provisions hereof; and the invalidity of a particular provision in a particular jurisdiction shall not invalidate such provision in any other jurisdiction. The parties shall endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions.

SECTION 5.07 Governing Law. This Agreement shall be construed in accordance with and governed by the laws of the State of New York.

SECTION 5.08 Submission to Jurisdiction; Waivers. The Collateral Agent and each Authorized Representative, on behalf of itself and the First Lien Secured Parties of the Series for whom it is acting, irrevocably and unconditionally:

(a) submits for itself and its property in any legal action or proceeding relating to this Agreement and the First Lien Security Documents, or for recognition and enforcement of any judgment in respect thereof, to the exclusive general jurisdiction of the state and federal courts located in New York County and appellate courts from any thereof;

 

-20-


(b) consents that any such action or proceeding may be brought in such courts and waives any objection that it may now or hereafter have to the venue of any such action or proceeding in any such court or that such action or proceeding was brought in an inconvenient court and agrees not to plead or claim the same;

(c) agrees that service of process in any such action or proceeding may be effected by mailing a copy thereof by registered or certified mail (or any substantially similar form of mail), postage prepaid, to such Person (or its Authorized Representative) at the address referred to in 5.01;

(d) agrees that nothing herein shall affect the right of any other party hereto (or any First Lien Secured Party) to effect service of process in any other manner permitted by law; and

(e) waives, to the maximum extent not prohibited by law, any right it may have to claim or recover in any legal action or proceeding referred to in this Section 5.08 any special, exemplary, punitive or consequential damages.

SECTION 5.09 WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT. EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 5.09.

SECTION 5.10 Headings. Article, Section and Annex headings used herein are for convenience of reference only, are not part of this Agreement and are not to affect the construction of, or to be taken into consideration in interpreting, this Agreement.

SECTION 5.11 Conflicts. In the event of any conflict or inconsistency between the provisions of this Agreement and the provisions of any of the other Secured Credit Documents or First Lien Security Documents, the provisions of this Agreement shall control.

SECTION 5.12 Provisions Solely to Define Relative Rights. The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the First Lien Secured Parties in relation to one another. None of the Company, any other Grantor or any other creditor thereof shall have any rights or obligations hereunder, except as expressly provided in this Agreement (provided that nothing in this Agreement (other than Section 2.04, 2.05, 2.08, 2.09 or Article V) is intended to or will amend, waive or otherwise modify the provisions of the Credit Agreement or any Other First Lien Agreements), and none of the Company or

 

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any other Grantor may rely on the terms hereof (other than Sections 2.04, 2.05, 2.08, 2.09 and Article V). Nothing in this Agreement is intended to or shall impair the obligations of any Grantor, which are absolute and unconditional, to pay the First Lien Obligations as and when the same shall become due and payable in accordance with their terms.

SECTION 5.13 Integration. This Agreement together with the other Secured Credit Documents and the First Lien Security Documents represents the agreement of each of the Grantors and the First Lien Secured Parties with respect to the subject matter hereof and there are no promises, undertakings, representations or warranties by any Grantor, the Collateral Agent, any or any other First Lien Secured Party relative to the subject matter hereof not expressly set forth or referred to herein or in the other Secured Credit Documents or the First Lien Security Documents.

[Remainder of this page intentionally left blank]

 

-22-


IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed by their respective authorized officers as of the day and year first above written.

 

BANK OF AMERICA, N.A.,

as Administrative Agent and Collateral Agent

By:  

 

Name:  
Title:  

U.S. BANK NATIONAL ASSOCIATION,

as Initial Other Authorized Representative

By:  

 

Name:  
Title:  

[First Lien Intercreditor Agreement]


CONSENT OF GRANTORS

Dated: June 10, 2009

Reference is made to the First Lien Intercreditor Agreement dated as of the date hereof between Bank of America, N.A., as Administrative Agent and Collateral Agent, and U.S. Bank National Association, as Initial Other Authorized Representative, as the same may be amended, restated, supplemented, waived, or otherwise modified from time to time (the “Intercreditor Agreement”). Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Intercreditor Agreement.

The Company has read the foregoing Intercreditor Agreement and consents thereto. The Company agrees that it will not, and will cause each of the other Grantors to not, take any action that would be contrary to the express provisions of the foregoing Intercreditor Agreement, agrees to abide by the requirements expressly applicable to it under the foregoing Intercreditor Agreement and agrees that, except as otherwise provided therein, no First Lien Secured Party shall have any liability to any Grantor for acting in accordance with the provisions of the foregoing Intercreditor Agreement. The Company confirms on behalf of each Grantor that the foregoing Intercreditor Agreement is for the sole benefit of the First Lien Secured Parties and their respective successors and assigns, and that no Grantor is an intended beneficiary or third party beneficiary thereof except to the extent otherwise expressly provided therein.

Notwithstanding anything to the contrary in the Intercreditor Agreement or provided herein, each party to the Intercreditor Agreement agrees that the Company and the other Grantors shall not have any right to consent to or approve any amendment, modification or waiver of any provision of the Intercreditor Agreement except to the extent their rights are adversely affected (in which case the Company shall have the right to consent to or approve any such amendment, modification or waiver).

Without limitation to the foregoing, the Company agrees to take, and to cause each other Grantor to take, such further action and to execute and deliver such additional documents and instruments (in recordable form, if requested) as the Collateral Agent may reasonably request to effectuate the terms of and the lien priorities contemplated by the Intercreditor Agreement.

This Consent shall be governed and construed in accordance with the laws of the State of New York. Notices delivered to the Company pursuant to this Consent shall be delivered in accordance with the notice provisions set forth in the Intercreditor Agreement.


IN WITNESS HEREOF, this Consent is hereby executed by each of the Grantors as of the date first written above.

 

HARRAH’S ENTERTAINMENT, INC.
By:  

 

Name:  
Title:  
HARRAH’S OPERATING COMPANY, INC.
By:  

 

Name:  
Title:  

 

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ANNEX II

EXHIBIT I

PERMITTED LOAN PURCHASE ASSIGNMENT AND ACCEPTANCE

Reference is made to the Credit Agreement, dated as of January 28, 2008 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among Harrah’s Operating Company, Inc., a Delaware corporation (the “Borrower”), Harrah’s Entertainment, Inc., a Delaware corporation, the lenders from time to time party thereto, Bank of America, N.A., as administrative agent and collateral agent (in such capacity, the “Administrative Agent”) and the other agents, bookrunners and arrangers party thereto. Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement.

The Assignor identified on Schedule l hereto (the “Assignor”) and the Borrower agree as follows:

1. The Assignor hereby irrevocably sells and assigns to the Borrower without recourse to the Assignor, and the Borrower hereby irrevocably purchases and assumes from the Assignor without recourse to the Assignor, as of the Effective Date (as defined below) and pursuant to the terms and conditions set forth in the Credit Agreement for Permitted Loan Purchases (including, without limitation, Sections 9.04(i) and 9.04(j) thereof), the interest described in Schedule 1 hereto (the “Assigned Interest”) in and to the Assignor’s rights and obligations under the Credit Agreement with respect to those credit facilities contained in the Credit Agreement as are set forth on Schedule 1 hereto (individually, an “Assigned Facility”; collectively, the “Assigned Facilities”), in a principal amount for each Assigned Facility as set forth on Schedule 1 hereto.

2. The Assignor (a) represents and warrants that (i) it is the legal and beneficial owner of the Assigned Interest, (ii) the Assigned Interest is free and clear of any lien, encumbrance or other adverse claim and (iii) it has full power and authority, and has taken all action necessary, to execute and deliver this Permitted Loan Purchase Assignment and Acceptance and to consummate the transactions contemplated hereby; (b) makes no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations made in or in connection with the Credit Agreement or with respect to the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Credit Agreement, any other Loan Document or any other instrument or document furnished pursuant thereto, other than that the Assignor has not created any adverse claim upon the interest being assigned by it hereunder and that such interest is free and clear of any such adverse claim; (c) makes no representation or warranty and assumes no responsibility with respect to the financial condition of the Borrower, any of its Subsidiaries or any other obligor or the performance or observance by the Borrower, any of its Subsidiaries or any other obligor of any of their respective obligations under the Credit Agreement or any other Loan Document or any other instrument or document furnished pursuant hereto or thereto; and (d) attaches any Notes held by it evidencing the Assigned Facilities. To the extent the Assignor has retained any interest in the Assigned Facility and holds a Note evidencing such interest, the Assignor hereby requests that the Administrative Agent exchange the attached Notes for a new Note or Notes payable to the Assignor, in each case in amounts which reflect the assignment being made hereby (and after giving effect to any other assignments which have become effective on the Effective Date).

3. The Borrower (a) represents and warrants that it is legally authorized to enter into this Permitted Loan Purchase Assignment and Acceptance and has taken all action necessary to execute and deliver this Permitted Loan Purchase Assignment and Acceptance and to consummate the transaction contemplated hereby; and (b) represents and warrants that it satisfied the requirements, if any, specified in the Credit Agreement that are required to be satisfied in order to make a Permitted Loan Purchase of the Assigned Interest.


4. The effective date of this Permitted Loan Purchase Assignment and Acceptance shall be the Effective Date of Assignment described in Schedule 1 hereto (the “Effective Date”). Following the execution of this Permitted Loan Purchase Assignment and Acceptance, the Assigned Interest shall be deemed to be automatically and immediately cancelled and extinguished (with a corresponding permanent reduction in Revolving Facility Commitments to the extent the Assigned Interest consists of Revolving Facility Loans). The Administrative Agent shall update the Register, effective as of the Effective Date, to record such event as if it were a prepayment of such Assigned Interest (with a corresponding permanent reduction in Revolving Facility Commitments to the extent the Assigned Interest consists of Revolving Facility Loans) pursuant to Section 9.04(j) of the Credit Agreement.

5. Upon such acceptance and recording, from and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned Interest (including payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued prior to the Effective Date. No payments in respect of the Assigned Interest (which shall be deemed to have been cancelled and extinguished as of the Effective Date) shall be due to the Assignor or the Borrower from and after the Effective Date.

6. As of the Effective Date, the Assignor shall, to the extent provided in this Permitted Loan Purchase Assignment and Acceptance, relinquish its rights and be released from its obligations under the Credit Agreement.

7. This Permitted Loan Purchase Assignment and Acceptance shall be binding upon, and inure to the benefit of the parties hereto and their respective successors and assigns. This Permitted Loan Purchase Assignment and Acceptance may be executed in any number of counterparts, which together shall constitute one instrument. Delivery of an executed counterpart of a signature page of this Permitted Loan Purchase Assignment and Acceptance by telecopy shall be effective as delivery of a manually executed counterpart of this Permitted Loan Purchase Assignment and Acceptance.

8. This Permitted Loan Purchase Assignment and Acceptance shall be governed by and construed in accordance with the laws of the State of New York.

IN WITNESS WHEREOF, the parties hereto have caused this Permitted Loan Purchase Assignment and Acceptance to be executed as of the date first above written by their respective duly authorized officers on Schedule 1 hereto.


Schedule 1

to Assignment and Acceptance

Name of Assignor:                                              

Effective Date of Assignment:                                              

 

Principal

Amount Assigned of the

Revolving Facility

     Commitment Percentage Assigned3  

$            

         .            %  

Principal

Amount Assigned of the

Term B-1 Facility

      

$            

      

Principal

Amount Assigned of the

Term B-2 Facility

      

$            

      

Principal

Amount Assigned of the

Term B-3 Facility

      

$            

      

 

 

 

      

 

  [Name of Assignor]        Harrah’s Operating Company, Inc.
By:  

 

    By:   

 

Title:       Title:   

 

3. Calculate the Commitment Percentage that is assigned to at least 15 decimal places and show as a percentage of the aggregate commitments of all Revolving Facility Lenders.


Accepted and Consented To:
BANK OF AMERICA, N.A., as Administrative Agent
By:  

 

Title:  


ANNEX III

EXHIBIT J

FORM OF DISCOUNTED PREPAYMENT OPTION NOTICE

Date:                     , 20    

 

To: BANK OF AMERICA, N.A., as Administrative Agent

Ladies and Gentlemen:

This Discounted Prepayment Option Notice is delivered to you pursuant to Section 2.11(g)(ii) of that certain Credit Agreement, dated as of January 28, 2008 (as amended, restated, extended, supplemented or otherwise modified from time to time, the “Agreement”, the terms defined therein being used herein as therein defined), among Harrah’s Operating Company, Inc. (“Borrower”), Harrah’s Entertainment, Inc. (“Holdings”), a Delaware corporation, the lenders from time to time party thereto, Bank of America, N.A., as administrative agent and collateral agent (in such capacity, the “Administrative Agent”) and the other agents, bookrunners and arrangers party thereto.

Borrower hereby notifies you that, effective as of [                    , 20    ], pursuant to Section 2.11(g)(ii) of the Agreement, Borrower hereby notifies each Lender that it is seeking:

 

 

1.

to prepay Loans at a discount in an aggregate principal amount of [$                                         ]1 (the “Proposed Discounted Prepayment Amount”), with corresponding permanent reductions in Revolving Facility Commitments in the case of prepayments of Revolving Facility Loans;

 

  2. a percentage discount to the par value of the principal amount of Loans greater than or equal to             % of par value but less than or equal to [            ]% of par value (the “Discount Range”).

 

 

3.

a Lender Participation Notice on or before [                    , 20    ]2, as determined pursuant to Section 2.11(g)(iii) of the Agreement (the “Acceptance Date”), and

The source of the proceeds to be used to make such Discounted Voluntary Prepayment is from [the incurrence of Indebtedness by the Loan Parties that is either unsecured or secured by Liens ranking junior to the Liens securing the Obligations][contributions to the common equity capital of the Borrower which the Borrower has elected to exclude from the calculation of the Cumulative Credit].

 

1 Insert amount that is minimum of $5.0 million.
2 Insert date (a Business Day) that is at least five Business Days after date of the Discounted Prepayment Option Notice.


Borrower expressly agrees that this Discounted Prepayment Option Notice is subject to the provisions of Section 2.11(g) of the Agreement.

Borrower hereby represents and warrants to the Administrative Agent on behalf of the Administrative Agent and the Lenders as follows:

 

  1. No Default or Event of Default has occurred and is continuing, or would result from Borrower making the Discounted Voluntary Prepayment (after giving effect to any related waivers or amendments obtained in connection with such Discounted Voluntary Prepayment).

 

  2. The representations and warranties set forth in Article III of the Agreement, Amendment and Waiver and each other Loan Document are true and correct in all material respects on and as of the date hereof (unless stated to relate solely to an earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such earlier date).

 

  3. As of the date hereof, the Borrower (i) has no knowledge, after reasonable inquiry, of the existence of any event or circumstance (actual or contingent), individually or in the aggregate, that will or would reasonably be expected to give rise to a mandatory prepayment of the Loans pursuant to Section 2.11 of the Credit Agreement (other than the accrual of Excess Cash Flow in the ordinary course) and (ii) has no Material Information with respect to Holdings, Borrower or any of their respective Subsidiaries or securities that has not been disclosed to the Administrative Agent for the benefit of the Lenders or to the public. “Material Information” shall mean the disclosure of the occurrence of a material effect, or any event or condition that, individually or in the aggregate, has had or would reasonably be expected to have a material effect (in each case whether positive or negative), on (1) the business, property, operations, condition, liabilities (contingent or otherwise) or prospects of the Borrower and its Subsidiaries, taken as a whole, (2) the ability of the Borrower or its Subsidiaries to perform their obligations under the Credit Documents or (3) the rights or remedies available to the Agent and the Lenders under the Credit Documents.

Borrower respectfully requests that Administrative Agent promptly notify each of the Lenders party to the Agreement of this Discounted Prepayment Option Notice.


IN WITNESS WHEREOF, the undersigned has executed this Discounted Prepayment Option Notice as of the date first above written.

 

HARRAH’S OPERATING COMPANY, INC.
By:  

 

Name:  
Title:   [Chief Financial Officer]


ANNEX IV

EXHIBIT K

FORM OF LENDER PARTICIPATION NOTICE

Date:                     , 20    

 

To: Bank of America, N.A.

Mail Code: TX1-492-14-11

Bank of America Plaza

901 Main Street

Dallas, Texas 75202-3714

Attention: Ronaldo Naval, Agency Management Officer

Telephone: (214) 209-1162

Telecopier: (877) 511-6124

E-mail: ronaldo.naval@bankofamerica.com

Ladies and Gentlemen:

Reference is made to (a) that certain Credit Agreement, dated as of January 28, 2008 (as amended, restated, extended, supplemented or otherwise modified from time to time, the “Agreement”, the terms defined therein being used herein as therein defined), among Harrah’s Operating Company, Inc. (“Borrower”), Harrah’s Entertainment, Inc. (“Holdings”), a Delaware corporation, the lenders from time to time party thereto, Bank of America, N.A., as administrative agent and collateral agent (in such capacity, the “Administrative Agent”) and the other agents, bookrunners and arrangers party thereto, and (b) that certain Discounted Prepayment Option Notice, dated                     , 20    , from Borrower (the “Discounted Prepayment Option Notice “). Capitalized terms used herein and not defined herein or in the Agreement shall have the meaning ascribed to such terms in the Discounted Prepayment Option Notice.

The undersigned Lender hereby gives you notice, pursuant to Section 2.11(g)(iii) of the Agreement, that it is willing to accept a Discounted Voluntary Prepayment on Loans held by such Lender:

 

  1. in a maximum aggregate principal amount of

$                                         of Term B-1 Loans

$                                         of Term B-2 Loans

$                                         of Term B-3 Loans

$                                         of Revolving Facility Loans (collectively, the “Offered Loans”), and

 

 

2.

at a percentage discount to par value of the principal amount of Offered Loans equal to [            ]% 3 of par value (the “Acceptable Discount”).

 

3 Insert amount within Discount Range that is a multiple of 25 basis points.


The undersigned Lender expressly agrees that this offer is subject to the provisions of Section 2.11(g) of the Agreement. Furthermore, conditioned upon the Applicable Discount determined pursuant to Section 2.11(g)(iii) of the Agreement being a percentage of par value less than or equal to the Acceptable Discount, the undersigned Lender hereby expressly consents and agrees to a prepayment of its Loans pursuant to Section 2.11(g) of the Agreement in an aggregate principal amount equal to the Offered Loans, as such principal amount may be reduced if the aggregate proceeds required to prepay Qualifying Loans (disregarding any interest payable in connection with such Qualifying Loans) would exceed the Proposed Discounted Prepayment Amount for the relevant Discounted Voluntary Prepayment, and acknowledges and agrees that such prepayment of its Loans will be allocated at par value, but the actual payment made to such Revolving Loan Lender will be reduced in accordance with the Applicable Discount. In addition, in the case that the Offered Loans include Revolving Facility Loans, the undersigned hereby expressly consents and agrees to a permanent reduction in its Revolving Facility Commitments equal to the aggregate principal amount of Revolving Facility Loans so prepaid.


IN WITNESS WHEREOF, the undersigned has executed this Lender Participation Notice as of the date first above written.

 

[NAME OF LENDER]

By:

 

 

Name:

 

Title:

 

[By:

 

 

Name:

 

Title:  ]4

 

4 If a second signature is required.


ANNEX V

EXHIBIT L

FORM OF DISCOUNTED VOLUNTARY PREPAYMENT NOTICE

Date:                     , 20    

To: BANK OF AMERICA, N.A., as Administrative Agent

Ladies and Gentlemen:

This Discounted Voluntary Prepayment Notice is delivered to you pursuant to Section 2.11(g)(v) of that certain Credit Agreement, dated as of January 28, 2008 (as amended, restated, extended, supplemented or otherwise modified from time to time, the “Agreement”, the terms defined therein being used herein as therein defined), among Harrah’s Operating Company, Inc. (“Borrower”), Harrah’s Entertainment, Inc. (“Holdings”), a Delaware corporation, the lenders from time to time party thereto, Bank of America, N.A., as administrative agent and collateral agent (in such capacity, the “Administrative Agent”) and the other agents, bookrunners and arrangers party thereto.

Borrower hereby irrevocably notifies you that, pursuant to Section 2.11(g)(iv) of the Agreement, Borrower will make a Discounted Voluntary Prepayment to each Lender with Qualifying Loans, which shall be made:

 

 

1.

on or before [                    , 20    ]5, as determined pursuant to Section 2.11(g)(v) of the Agreement,

 

  2. in the aggregate principal amount of

$                                         of Term B-1 Loans

$                                         of Term B-2 Loans

$                                         of Term B-3 Loans

$                                         of Revolving Facility Loans, and

 

  3. at a percentage discount to the par value of the principal amount of the Loans equal to [            ]% of par value (the “Applicable Discount”).

Borrower expressly agrees that this Discounted Voluntary Prepayment Notice is irrevocable and is subject to the provisions of Section 2.11(g) of the Agreement.

 

5

Insert date (a Business Day) that is no later than three Business Days after date of this Notice and no later than five Business Days after the Acceptance Date (or such later date as the Administrative Agent shall reasonably agree, given the time required to calculate the Applicable Discount and determine the amount and holders of Qualifying Loans).


Borrower hereby represents and warrants to the Administrative Agent on behalf of the Administrative Agent and the Lenders as follows:

 

  1. The Discounted Voluntary Prepayment will be made from the cash proceeds from [the incurrence of Indebtedness by the Loan Parties that is either unsecured or secured by Liens ranking junior to the Liens securing the Obligations][contributions to the common equity capital of the Borrower which the Borrower has elected to exclude from the calculation of the Cumulative Credit].

 

  2. No Default or Event of Default has occurred and is continuing or would result from Borrower making the Discounted Voluntary Prepayment (after giving effect to any related waivers or amendments obtained in connection with such Discounted Voluntary Prepayment).

 

  3. Each of the conditions to the Discounted Voluntary Prepayment contained in Section 2.11(g) of the Agreement has been satisfied.

 

  4. The representations and warranties set forth in Article III of the Agreement, Amendment and Waiver and each other Loan Document are true and correct in all material respects on and as of the date hereof, the Acceptance Date and the date of the Discounted Voluntary Prepayment (unless stated to relate solely to an earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such earlier date).

 

  5. As of the date hereof, the Borrower (i) has no knowledge, after reasonable inquiry, of the existence of any event or circumstance (actual or contingent), individually or in the aggregate, that will or would reasonably be expected to give rise to a mandatory prepayment of the Loans pursuant to Section 2.11 of the Credit Agreement (other than the accrual of Excess Cash Flow in the ordinary course) and (ii) has no Material Information with respect to Holdings, Borrower or any of their respective Subsidiaries or securities that has not been disclosed to the Administrative Agent for the benefit of the Lenders or to the public. “Material Information” shall mean the disclosure of the occurrence of a material effect, or any event or condition that, individually or in the aggregate, has had or would reasonably be expected to have a material effect (in each case whether positive or negative), on (1) the business, property, operations, condition, liabilities (contingent or otherwise) or prospects of the Borrower and its Subsidiaries, taken as a whole, (2) the ability of the Borrower or its Subsidiaries to perform their obligations under the Credit Documents or (3) the rights or remedies available to the Agent and the Lenders under the Credit Documents.

Borrower agrees that if prior to the date of the Discounted Voluntary Prepayment, any representation or warranty made herein by it will not be true and correct as of the date of the Discounted Voluntary Prepayment as if then made, it will promptly notify the Administrative Agent in writing of such fact, who will promptly notify each participating Lender. After such notification, any participating Lender may revoke its Lender Participation Notice within two Business Days of receiving such notification.

Borrower acknowledges that the Administrative Agent and the Lenders are relying on the truth and accuracy of the foregoing in connection with extending Offered Loans and the acceptance of any Discounted Voluntary Prepayment made as a result of this Discounted Voluntary Prepayment Notice.

Borrower respectfully requests that Administrative Agent promptly notify each of the Lenders party to the Agreement of this Discounted Voluntary Prepayment Notice.


IN WITNESS WHEREOF, the undersigned has executed this Discounted Voluntary Prepayment Notice as of the date first above written.

 

HARRAH’S OPERATING COMPANY, INC.
By:  

 

Name:  
Title:   [Chief Financial Officer]


ANNEX VI

AMENDED AND RESTATED

COLLATERAL AGREEMENT

dated and effective as of

January 28, 2008,

And amended and restated effective as of

June 10, 2009

among

HARRAH’S OPERATING COMPANY, INC.,

each Subsidiary of the Borrower identified herein

and

BANK OF AMERICA, N.A.,

as Collateral Agent


TABLE OF CONTENTS

 

         Page
ARTICLE I.   
DEFINITIONS   

SECTION 1.01.

  Credit Agreement    2

SECTION 1.02.

  Other Defined Terms    2
ARTICLE II.   
[INTENTIONALLY OMITTED]   
ARTICLE III.   
PLEDGE OF SECURITIES   

SECTION 3.01.

  Pledge    8

SECTION 3.02.

  Delivery of the Pledged Collateral    10

SECTION 3.03.

  Representations, Warranties and Covenants    11

SECTION 3.04.

  Certification of Limited Liability Company and Limited Partnership Interests    12

SECTION 3.05.

  Registration in Nominee Name; Denominations    12

SECTION 3.06.

  Voting Rights; Dividends and Interest, etc    13
ARTICLE IV.   
SECURITY INTERESTS IN PERSONAL PROPERTY   

SECTION 4.01.

  Security Interest    14

SECTION 4.02.

  Representations and Warranties    17

SECTION 4.03.

  Covenants    19

SECTION 4.04.

  Other Actions    21

SECTION 4.05.

  Covenants Regarding Patent, Trademark and Copyright Collateral    22
ARTICLE V.   
REMEDIES   

SECTION 5.01.

  Remedies upon Default    23

SECTION 5.02.

  Application of Proceeds    25

SECTION 5.03.

  Grant of License to Use Intellectual Property    25

SECTION 5.04.

  Securities Act, etc    26

SECTION 5.05.

  Registration, etc    26

 

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          Page
ARTICLE VI.   
[INTENTIONALLY OMITTED]   
ARTICLE VII.   
MISCELLANEOUS   

SECTION 7.01.

   Notices    27

SECTION 7.02.

   Security Interest Absolute    27

SECTION 7.03.

   Limitation by Law    27

SECTION 7.04.

   Binding Effect; Several Agreement    28

SECTION 7.05.

   Successors and Assigns    28

SECTION 7.06.

   Agent’s Fees and Expenses; Indemnification    28

SECTION 7.07.

   Agent Appointed Attorney-in-Fact    29

SECTION 7.08.

   GOVERNING LAW    30

SECTION 7.09.

   Waivers; Amendment    30

SECTION 7.10.

   WAIVER OF JURY TRIAL    31

SECTION 7.11.

   Severability    31

SECTION 7.12.

   Counterparts    31

SECTION 7.13.

   Headings    31

SECTION 7.14.

   Jurisdiction; Consent to Service of Process    31

SECTION 7.15.

   Termination or Release    32

SECTION 7.16.

   Additional Subsidiaries    33

SECTION 7.17.

   Right of Set-off    33

SECTION 7.18.

   No Recourse    34

SECTION 7.19.

   Compliance with Gaming Laws    34

SECTION 7.20.

   Limitation on Rights and Remedies of Agent and Each Subsidiary Party    35

SECTION 7.21.

   Other Gaming Matters    35

SECTION 7.22.

   Subject to First Lien Intercreditor Agreement    36

SECTION 7.23.

   Other First Lien Obligations    36

SECTION 7.24.

   Application of Gaming Laws    36

SECTION 7.25.

   Vessels and Admiralty Related Matters    37

Schedules

     

Schedule I

   Subsidiary Parties   

Schedule II

   Commercial Tort Claims   

Schedule III

   Pledged Stock; Debt Securities   

Schedule IV

   Intellectual Property   

 

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          Page

Exhibits

     

Exhibit I

   Form of Supplement to the Collateral Agreement   

Exhibit II

   Form of Perfection Certificate   

Exhibit III

   Form of First Lien Intercreditor Agreement   

Exhibit IV

   Form of Other First Lien Secured Party Consent   

 

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AMENDED AND RESTATED COLLATERAL AGREEMENT dated and effective as of January 28, 2008 (as amended and restated on June 10, 2009) (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”), among HARRAH’S OPERATING COMPANY, INC., a Delaware corporation (the “Borrower”), each Subsidiary of the Borrower listed on Schedule I hereto and each Subsidiary of the Borrower that becomes a party hereto (each, a “Subsidiary Party”) and BANK OF AMERICA, N.A., as Collateral Agent (in such capacity, the “Agent”) for the Secured Parties (as defined below).

Reference is made to the Credit Agreement dated as of January 28, 2008 (as amended, restated, supplemented, waived or otherwise modified from time to time (including by that certain Amendment and Waiver to Credit Agreement dated as of the date hereof) the “Credit Agreement”), among Hamlet Merger Inc. (which was merged on the Closing Date with and into Harrah’s Entertainment, Inc., “Holdings”), the Borrower, the Lenders party thereto from time to time, the Agent and the other parties named therein.

The Lenders have agreed to extend credit to the Borrower subject to the terms and conditions set forth in the Credit Agreement. The obligations of the Lenders to extend such credit are conditioned upon, among other things, the execution and delivery of this Agreement. The Subsidiary Parties are subsidiaries of the Borrower, will derive substantial benefits from the extension of credit to the Borrower pursuant to the Credit Agreement and are willing to execute and deliver this Agreement in order to induce the Lenders to extend such credit and as consideration for Loans previously made and Letters of Credit previously issued and to induce the holders of any Other First Lien Obligations to make their respective extensions of credit thereunder (including the holders of the 11 1/4% Senior Secured Notes due 2017 (the “Initial Notes”) to be assumed by the Borrower, which Initial Notes are being issued pursuant to an Indenture (the “Indenture”) dated as of date hereof among Harrah’s Entertainment, Inc., the other parties thereto and U.S. Bank National Association, as trustee (the “Trustee”)). Accordingly, the parties hereto agree as follows:

This Amended and Restated Collateral Agreement amends and restates the Collateral Agreement for the benefit of the Secured Parties dated as of January 28, 2008 (the “Original Collateral Agreement”). The obligations of the Pledgors under the Original Collateral Agreement and the grant of security interest in the Collateral by the Pledgors under the Original Collateral Agreement shall continue under this Amended and Restated Collateral Agreement, and shall not in any event be terminated, extinguished or annulled, but shall hereafter be governed by this Amended and Restated Collateral Agreement. All references to the “Collateral Agreement” in any Loan Document (other than this Amended and Restated Collateral Agreement) or other document or instrument delivered in connection therewith shall be deemed to refer to this Amended and Restated Collateral Agreement and the provisions hereof. It is understood and agreed that the Original Collateral Agreement is being amended and restated by entry into this Amended and Restated Collateral Agreement on the date hereof.


ARTICLE I.

Definitions

SECTION 1.01. Credit Agreement.

(a) Capitalized terms used in this Agreement and not otherwise defined herein have the respective meanings assigned thereto in the Credit Agreement. All terms defined in the New York UCC (as defined herein) and not defined in this Agreement have the meanings specified therein. The term “instrument” shall have the meaning specified in Article 9 of the New York UCC.

(b) The rules of construction specified in Section 1.02 of the Credit Agreement also apply to this Agreement.

SECTION 1.02. Other Defined Terms. As used in this Agreement, the following terms have the meanings specified below:

Account Debtor” means any person who is or who may become obligated to any Pledgor under, with respect to or on account of an Account.

Applicable First Lien Representative” means the “Applicable Authorized Representative” as defined in the First Lien Intercreditor Agreement.

Article 9 Collateral” has the meaning assigned to such term in Section 4.01.

Authorized Representative” means (i) the Administrative Agent with respect to the Credit Agreement, (ii) the Trustee with respect to the Initial Notes and (iii) any duly authorized representative of any other Secured Party under Other First Lien Agreements designated as “Authorized Representative” for any Secured Party in an Other First Lien Secured Party Consent delivered to the Agent.

Collateral” means Article 9 Collateral and Pledged Collateral.

Copyright License” means any written agreement, now or hereafter in effect, granting any right to any Pledgor under any Copyright now or hereafter owned by any third party, and all rights of any Pledgor under any such agreement (including any such rights that such Pledgor has the right to license).

Copyrights” means all of the following now owned or hereafter acquired by any Pledgor (or, as required in the context of the definition of “Copyright License,” any third party licensor): (a) all copyright rights in any work subject to the copyright laws of the United States or any other country, whether as author, assignee, transferee or otherwise; and (b) all registrations and applications for registration of any such Copyright in the United States or any other country, including registrations, supplemental registrations and pending applications for registration in the United States Copyright Office, including those listed on Schedule IV.

 

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Credit Agreement” has the meaning assigned to such term in the preliminary statement of this Agreement.

Event of Default” means an “Event of Default” under and as defined in the Credit Agreement, the Indenture or any Other First Lien Agreement.

Federal Securities Laws” has the meaning assigned to such term in Section 5.04.

First Lien Intercreditor Agreement” means the First Lien Intercreditor Agreement, dated as of the date hereof, among the Agent, the Administrative Agent and U.S. Bank National Association, as the Authorized Representative of the holders of the Other First Lien Obligations in respect of the Initial Notes, as the same may be amended, restated, supplemented or otherwise modified from time to time.

Gaming Authorities” means, in any jurisdiction in which the Borrower or any of its subsidiaries manages or conducts any casino, gaming business or activities, the applicable gaming board, commission, or other governmental gaming regulatory body or agency which (a) has, or may at any time after the date hereof have, jurisdiction over the gaming activities at the property or any successor to such authority or (b) is, or may at any time after the date hereof be, responsible for interpreting, administering and enforcing the Gaming Laws.

Gaming Laws” means all applicable constitutions, treaties, laws, rates, regulations and orders and statutes pursuant to which any Gaming Authority possesses regulatory, licensing or permit authority over gaming, gambling or casino activities and all rules, rulings, orders, ordinances, regulations of any Gaming Authority applicable to the gambling, casino or gaming business or activities of the Borrower or any of its subsidiaries in any jurisdiction, as in effect from time to time, including the policies, interpretations and administration thereof by the Gaming Authorities.

General Intangibles” means all “General Intangibles” as defined in the New York UCC, including all choses in action and causes of action and all other intangible personal property of any Pledgor of every kind and nature (other than Accounts) now owned or hereafter acquired by any Pledgor, including corporate or other business records, indemnification claims, contract rights (including rights under leases, whether entered into as lessor or lessee, Swap Agreements and other agreements), Intellectual Property, goodwill, registrations, franchises, tax refund claims and any letter of credit, guarantee, claim, security interest or other security held by or granted to any Pledgor to secure payment by an Account Debtor of any of the Accounts.

Governmental Authority” shall mean any federal, state, local or foreign court or governmental agency, authority, instrumentality or regulatory or legislative body.

Indenture” has the meaning assigned to such term in the recitals of this Agreement.

Initial Notes” has the meaning assigned to such term in the recitals of this Agreement.

 

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Initial Notes Obligations” means (a) the due and punctual payment by the Borrower of (i) the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the Initial Notes, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, and (ii) all other monetary obligations of the Borrower to any Secured Party under the Indenture, the Initial Notes and each Other First Lien Agreement entered into in respect of the Initial Notes, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), (b) the due and punctual performance of all other obligations of the Borrower under or pursuant to the Indenture, the Initial Notes and each Other First Lien Agreement entered into in respect of the Initial Notes and (c) the due and punctual payment and performance of all the obligations of each other Loan Party under or pursuant to the Indenture, the Initial Notes and each Other First Lien Agreement entered into in respect of the Initial Notes.

Intellectual Property” means all intellectual and similar property of every kind and nature now owned or hereafter acquired by any Pledgor, including inventions, designs, Patents, Copyrights, Trademarks, Patent Licenses, Copyright Licenses, Trademark Licenses, trade secrets, domain names, confidential or proprietary technical and business information, know-how, show-how or other data or information and all related documentation.

Liquor Authorities” means, in any jurisdiction in which the Borrower or any of its subsidiaries sells and distributes liquor, the applicable alcoholic beverage commission or other Governmental Authority responsible for interpreting, administering and enforcing the Liquor Laws.

Liquor Laws” means the laws, rules, regulations and orders applicable to or involving the sale and distribution of liquor by the Borrower or any of its subsidiaries in any jurisdiction, as in effect from time to time, including the policies, interpretations and administration thereof by the applicable Liquor Authorities.

Loan Document Obligations” means (a) the due and punctual payment by the Borrower of (i) the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the Loans made to the Borrower, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, (ii) each payment required to be made by the Borrower under the Credit Agreement in respect of any Letter of Credit, when and as due, including payments in respect of reimbursement of disbursements, interest thereon and obligations to provide cash collateral, and (iii) all other monetary obligations of the Borrower to any of the Secured Parties under the Credit Agreement and each of the other Loan Documents (other than any Other First Lien Agreements), including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), (b) the due

 

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and punctual performance of all other obligations of the Borrower under or pursuant to the Credit Agreement and each of the other Loan Documents (other than the Other First Lien Agreements) and (c) the due and punctual payment and performance of all the obligations of each other Loan Party under or pursuant to this Agreement and each of the other Loan Documents (other than the Other First Lien Agreements).

Loan Documents” means (a) the Credit Agreement, (b) all Other First Lien Agreements, (c) the Security Documents and (d) for purposes of Section 5.02 and Section 7.06 only, the First Lien Intercreditor Agreement.

Loan Party” means each of the Borrower, the Subsidiary Loan Parties and each other Subsidiary of the Borrower that is a party to the Credit Agreement or, any other Loan Document as a pledgor or a guarantor.

Mortgaged Properties” means the Real Properties owned or leased by the Borrower or any other Pledgor encumbered by one or more Mortgages to secure the Obligations.

Mortgaged Vessels” means the Vessels owned by the Borrower or any other Pledgor encumbered by one or more Ship Mortgages to secure the Obligations.

Mortgages” means, collectively, the first lien mortgages, trust deeds, deeds of trust, deeds to secure debt, assignment of leases and rents, and other security documents delivered from time to time with respect to Mortgaged Properties, as amended, supplemented or otherwise modified from time to time.

New York UCC” means the Uniform Commercial Code as from time to time in effect in the State of New York.

Obligations” means (a) the Loan Document Obligations, (b) the due and punctual payment and performance of all obligations of each Loan Party under each Swap Agreement that (i) is in effect on the Closing Date with a counterparty that is a Lender or an Affiliate of a Lender as of or following the Closing Date or (ii) is entered into after the Closing Date with any counterparty that is a Lender or an Affiliate of a Lender at the time such Swap Agreement is entered into (including, without limitation, the Swap Agreements referred to in Schedules 6.01, 6.04 and 6.07 to the Credit Agreement), (c) the due and punctual payment and performance of all obligations in respect of the Overdraft Line owed to a party that is a Lender or an Affiliate of a Lender as of or following the Closing Date or at the time the Overdraft Line is entered into and (d) the Other First Lien Obligations, including the Initial Notes Obligations.

Other First Lien Agreement” means any indenture, including the Indenture and the Initial Notes, credit agreement (excluding the Credit Agreement) or other agreement, document or instrument, pursuant to which any Pledgor has or will incur Other First Lien Obligations; provided that, in each case, the Indebtedness thereunder (other than the Initial Notes Obligations) has been designated as Other First Lien Obligations pursuant to and in accordance with Section 7.23.

Other First Lien Obligations” means (a) the due and punctual payment by the Borrower of (i) the unpaid principal of and interest (including interest accruing during the pendency

 

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of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on Indebtedness under any Other First Lien Agreement, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, and (ii) all other monetary obligations of the Borrower to any Secured Party under any Other First Lien Agreement, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), (b) the due and punctual performance of all other obligations of the Borrower under or pursuant to any Other First Lien Agreement and (c) the due and punctual payment and performance of all the obligations of each other Loan Party under or pursuant to any Other First Lien Agreement, in each case (other than in the case of Initial Notes Obligations), that have been designated as Other First Lien Obligations pursuant to and in accordance with Section 7.23.

Other First Lien Secured Parties” means, collectively, the holders of Other First Lien Obligations and any Authorized Representative with respect thereto including the Trustee and the holders of Initial Notes.

Other First Lien Secured Party Consent” means a consent in the form of Exhibit III to this Agreement executed by the Authorized Representative of any holders of Other First Lien Obligations pursuant to Section 7.23.

Patent License” means any written agreement, now or hereafter in effect, granting to any Pledgor any right to make, use or sell any invention covered by a Patent, now or hereafter owned by any third party (including any such rights that such Pledgor has the right to license).

Patents” means all of the following now owned or hereafter acquired by any Pledgor (or, as required in the context of the definition of “Patent License,” any third party licensor): (a) all letters patent of the United States or the equivalent thereof in any other country, and all applications for letters patent of the United States or the equivalent thereof in any other country, including those listed on Schedule IV, and (b) all reissues, continuations, divisions, continuations-in-part or extensions thereof, and the inventions disclosed or claimed therein, including the right to make, use and/or sell the inventions disclosed or claimed therein.

Perfection Certificate” means a certificate substantially in the form of Exhibit II, completed and supplemented with the schedules and attachments contemplated thereby, and duly executed by an officer of the Borrower.

Permitted Liens” means Liens that are (a) permitted by Section 6.02 of the Credit Agreement and (b) not prohibited by any Other First Lien Agreement.

Pledged Collateral” has the meaning assigned to such term in Section 3.01.

Pledged Debt Securities” has the meaning assigned to such term in Section 3.01.

 

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Pledged Securities” means any promissory notes, stock certificates or other certificated securities now or hereafter included in the Pledged Collateral, including all certificates, instruments or other documents representing or evidencing any Pledged Collateral.

Pledged Stock” has the meaning assigned to such term in Section 3.01.

Pledgor” shall mean the Borrower and each Subsidiary Party.

Real Property” means, collectively, all right, title and interest (including, without limitation, any leasehold estate) in and to any and all parcels of or interests in real property owned in fee or leased by the Borrower or any other Pledgor, together with, in each case, all easements, hereditaments and appurtenances relating thereto, and all improvements situated, placed or constructed upon, or fixed to or incorporated into, or which becomes a component part of or which is permanently moored to such real property, and appurtenant fixtures incidental to the ownership or lease thereof.

Requirement of Law” means, with respect to any person, the common law and all federal, state, local and foreign laws, rules and regulations, orders, judgments, decrees and other legal requirements or determinations of any Governmental Authority or arbitrator, applicable to or binding upon such person or any of its property or to which such person or any of its property is subject.

Secured Parties” means (a) the Lenders, (b) the Agent, (c) the Administrative Agent, (d) each L/C Issuer, (e) each counterparty to any Swap Agreement with a Loan Party the obligations under which constitute Obligations (other than Other First Lien Obligations), (f) the beneficiaries of each indemnification obligation undertaken by any Loan Party under any Loan Document, (g) the providers of the Overdraft Line, the obligations in respect of which constitute Obligations (other than any Other First Lien Obligations), (h) the Other First Lien Secured Parties and (i) the successors and permitted assigns of each of the foregoing.

Security Documents” means this Agreement and the other First Lien Security Documents as defined in the First Lien Intercreditor Agreement (but with respect to the Obligations of any Series, the term Security Documents shall not include any such other First Lien Security Documents which by its terms is solely for the benefit of the holders of one or more other Series of Obligations and not such Series of Obligations).

Security Interest” has the meaning assigned to such term in Section 4.01.

Series” shall have the meaning assigned to such term in the First Lien Intercreditor Agreement.

Ship Mortgage Act” means the Ship Mortgage Act of 1920, as amended, recodified at 46 U.S.C. § 31301 et seq.

Ship Mortgages” means, collectively, the first preferred ship mortgages, additional ship mortgages, earnings assignment and insurance assignment and other ship mortgage documents delivered from time to time with respect to the Mortgaged Vessels, as amended, supplemented or otherwise modified from time to time.

 

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Subsidiary Party” has the meaning assigned to such term in the preliminary statement of this Agreement.

Trademark License” means any written agreement, now or hereafter in effect, granting to any Pledgor any right to use any Trademark now or hereafter owned by any third party (including any such rights that such Pledgor has the right to license).

Trademarks” means all of the following now owned or hereafter acquired by any Pledgor (or, as required in the context of the definition of “Trademark License,” any third party licensor): (a) all trademarks, service marks, corporate names, company names, business names, fictitious business names, trade styles, trade dress, logos, other source or business identifiers, designs and general intangibles of like nature, now existing or hereafter adopted or acquired, all registrations thereof (if any), and all registration and recording applications filed in connection therewith, including registrations and registration applications in the United States Patent and Trademark Office or any similar offices in any State of the United States or any other country or any political subdivision thereof, and all renewals thereof, including those listed on Schedule IV and (b) all goodwill associated therewith or symbolized thereby.

Trustee” has the meaning assigned to such term in the recitals of this Agreement.

Vessel” means (i) any vessel, boat, ship, catamaran, riverboat, or barge of any kind or nature whatsoever, whether or not temporarily or permanently moored or affixed to any real property, (ii) any improvement to real property which is used or susceptible of use as a dockside, riverboat or water-based venue for business operations, (iii) any property which is a vessel within the meaning given to that term in 1 U.S.C. § 3, and (iv) any property which would be a vessel within the meaning of that term as defined in 1 U.S.C. § 3 but for its removal from navigation for use in gaming or other business operations and/or any modifications made thereto to facilitate dockside gaming or other business operations which may affect its seaworthiness, and, in each case, all appurtenances thereof.

ARTICLE II.

[Intentionally Omitted]

ARTICLE III.

Pledge of Securities

SECTION 3.01. Pledge. As security for the payment or performance, as the case may be, in full of the Obligations, each Pledgor hereby assigns and pledges to the Agent, its successors and permitted assigns, for the benefit of the Secured Parties, and hereby grants to the Agent, its successors and permitted assigns, for the benefit of the Secured Parties, and confirms its prior grant to the Agent for the benefit of the Secured Parties (other than the Other First Lien Secured Parties) of, a security interest in all of such Pledgor’s right, title and interest in, to and under (a) the Equity Interests directly owned by it (which such Equity Interests constituting Pledged Stock shall be listed on Schedule III) and any other Equity Interests obtained in the future

 

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by such Pledgor and any certificates representing all such Equity Interests (the “Pledged Stock”); provided that the Pledged Stock shall not include (i) more than 65% of the issued and outstanding voting Equity Interests of any Foreign Subsidiary, which pledge shall be duly noted on the share register, if any, of such Foreign Subsidiary, (ii) any Equity Interests owned on or acquired after the Closing Date if, and to the extent that, and for so long as, doing so would violate any applicable law or regulation (including any Gaming Law or regulation) or (other than in the case of any person which is a Wholly-Owned Subsidiary) a shareholder agreement or similar contractual obligation (in each case, after giving effect to Section 9-406(d), 9-407(a) or 9-408 of the Uniform Commercial Code and other applicable law) binding on such Equity Interests, or (iii) any Equity Interests as to which the Applicable First Lien Representative shall reasonably determine in writing that the costs of obtaining or perfecting such a security interest are excessive in relation to the value of the security to be afforded thereby, (b)(i) the debt securities currently issued to any Pledgor (which such debt securities constituting Pledged Debt Securities shall be listed on Schedule III), (ii) any debt securities in the future issued to such Pledgor and (iii) the promissory notes and any other instruments, if any, evidencing such debt securities (the “Pledged Debt Securities”); (c) subject to Section 3.06, all payments of principal or interest, dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of, in exchange for or upon the conversion of, and all other proceeds received in respect of, the securities referred to in clauses (a) and (b) above; (d) subject to Section 3.06, all rights and privileges of such Pledgor with respect to the securities and other property referred to in clauses (a), (b) and (c) above; and (e) all proceeds of any of the foregoing (the items referred to in clauses (a) through (e) above being collectively referred to as the “Pledged Collateral”); provided, that notwithstanding anything to the contrary in this Section 3.01, the amount of Obligations secured by the Pledged Collateral shall at all times be limited to the maximum amount that is permitted to be secured without equally and ratably securing the Retained Notes in accordance with the terms thereof as in effect on the Closing Date.

In addition, in the event that Rule 3-16 of Regulation S-X under the Securities Act of 1933, as amended (“Rule 3-16”) is amended, modified or interpreted by the Securities Exchange Commission (“SEC”) to require (or is replaced with another rule or regulation, or any other law, rule or regulation is adopted, which would require) the filing with the SEC (or any other Governmental Authority) of separate financial statements of any Subsidiary of the Borrower due to the fact that such Subsidiary’s Equity Interests secures the Other First Lien Obligations affected thereby, then the Equity Interests of such Subsidiary will automatically be deemed not to be part of the Collateral securing the relevant Other First Lien Obligations affected thereby but only to the extent necessary to not be subject to such requirement and only for so long as required to not be subject to such requirement. In such event, this Agreement may be amended or modified, without the consent of any Secured Party, to the extent necessary to release the Lien in favor of the Agent on the Equity Interests that are so deemed to no longer constitute part of the Collateral for the relevant Other First Lien Obligations only. In the event that Rule 3-16 is amended, modified or interpreted by the SEC to permit (or is replaced with another rule or regulation, or any other law, rule or regulation is adopted, which would permit) such Subsidiary’s Equity Interests to secure the Other First Lien Obligations in excess of the amount then pledged without the filing with the SEC (or any other Governmental Authority) of separate financial statements of such Subsidiary, then the Equity Interests of such Subsidiary will automatically be deemed to be a part of the Collateral for the relevant Other First Lien Obligations. For the avoidance of doubt and notwithstanding anything to the contrary in this Agreement, nothing in this

 

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paragraph shall limit the pledge of such Equity Interests and other securities from securing the Obligations (other than the Other First Lien Obligations) at all relevant times or from securing any Other First Lien Obligations that are not in respect of securities subject to regulation by the SEC. To the extent any proceeds of any collection or sale of Equity Interests deemed by this paragraph to no longer constitute part of the Collateral for the relevant Other First Lien Obligations are to be applied by the Agent in accordance with Section 5.02 hereof, such proceeds shall, notwithstanding the terms of Section 5.02 and the First Lien Intercreditor Agreement, not be applied to the payment of such Other First Lien Obligations.

TO HAVE AND TO HOLD the Pledged Collateral, together with all right, title, interest, powers, privileges and preferences pertaining or incidental thereto, unto the Agent, its successors and permitted assigns, for the benefit of the Secured Parties, forever; subject, however, to the terms, covenants and conditions hereinafter set forth.

SECTION 3.02. Delivery of the Pledged Collateral.

(a) Each Pledgor agrees promptly (and in any event within 45 days after the acquisition (or such longer time as the Applicable First Lien Representative shall permit in its reasonable discretion)) to deliver or cause to be delivered to the Agent, for the ratable benefit of the Secured Parties, any and all Pledged Securities to the extent such Pledged Securities, in the case of promissory notes or other instruments evidencing Indebtedness, are required to be delivered pursuant to paragraph (b) of this Section 3.02.

(b) Each Pledgor will cause any Indebtedness (i) having, in each case, an aggregate principal amount in excess of $15,000,000 or (ii) payable by the Borrower or any Subsidiary (other than (i) intercompany Indebtedness incurred in the ordinary course of business in connection with the cash management operations and intercompany sales of the Borrower and each Subsidiary or (ii) to the extent that a pledge of such promissory note or instrument would violate applicable law) owed to such Pledgor by any person to be evidenced by a duly executed promissory note that is pledged and delivered to the Agent, for the benefit of the Secured Parties, pursuant to the terms hereof. To the extent any such promissory note is a demand note, each Pledgor party thereto agrees, if requested by the Agent, to immediately demand payment thereunder upon an Event of Default specified under Section 7.01(b), (c), (f), (h) or (i) of the Credit Agreement or under any equivalent provision of any Other First Lien Agreement.

(c) Upon delivery to the Agent, (i) any Pledged Securities required to be delivered pursuant to the foregoing paragraphs (a) and (b) of this Section 3.02 shall be accompanied by stock powers or note powers, as applicable, duly executed in blank or other instruments of transfer reasonably satisfactory to the Agent and by such other instruments and documents as the Agent may reasonably request and (ii) all other property comprising part of the Pledged Collateral delivered pursuant to the terms of this Agreement shall be accompanied to the extent necessary to perfect the security interest in or allow realization on the Pledged Collateral by proper instruments of assignment duly executed by the applicable Pledgor and such other instruments or documents as the Agent may reasonably request. Each delivery of Pledged Securities shall be accompanied by a schedule describing the securities, which schedule shall be attached hereto as Schedule III (or a supplement to Schedule III, as applicable) and made a part hereof; provided that failure to attach any such schedule hereto shall not affect the validity of such pledge of such Pledged Securities. Each schedule so delivered shall supplement any prior schedules so delivered.

 

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SECTION 3.03. Representations, Warranties and Covenants. The Pledgors, jointly and severally, represent, warrant and covenant to and with the Agent, for the benefit of the Secured Parties, that:

(a) Schedule III correctly sets forth the percentage of the issued and outstanding shares of each class of the Equity Interests of the issuer thereof represented by such Pledged Stock and includes all Equity Interests, debt securities and promissory notes or instruments evidencing Indebtedness required to be (i) pledged in order to satisfy the Collateral Requirement or (ii) delivered pursuant to Section 3.02(b);

(b) the Pledged Stock, to the best of each Pledgor’s knowledge, have been duly and validly authorized and issued by the issuers thereof and are fully paid and nonassessable;

(c) except for the security interests granted hereunder, each Pledgor (i) is and, subject to any transfers made in compliance with the Credit Agreement and each Other First Lien Agreement, will continue to be the direct owner, beneficially and of record, of the Pledged Securities indicated on Schedule III as owned by such Pledgor, (ii) holds the same free and clear of all Liens, other than Permitted Liens, (iii) will make no assignment, pledge, hypothecation or transfer of, or create or permit to exist any security interest in or other Lien on, the Pledged Collateral, other than pursuant to a transaction permitted by the Credit Agreement and each Other First Lien Agreement and other than Permitted Liens, and (iv) subject to the rights of such Pledgor under the Loan Documents to dispose of Pledged Collateral, will use commercially reasonable efforts to defend its title or interest thereto or therein against any and all Liens (other than Permitted Liens), however arising, of all persons;

(d) other than as set forth in the Credit Agreement or the schedules thereto or, after the termination of the Credit Agreement and the First Lien Intercreditor Agreement, in any Other First Lien Agreement, and except for restrictions and limitations imposed by the Loan Documents, Gaming Laws, or securities laws generally, the Pledged Collateral is and will continue to be freely transferable and assignable, and none of the Pledged Collateral is or will be subject to any option, right of first refusal, shareholders agreement, charter, by-law, memorandum of association or articles of association provisions or contractual restriction of any nature that might prohibit, impair, delay or otherwise affect the pledge of such Pledged Collateral hereunder, the sale or disposition thereof pursuant hereto or the exercise by the Agent of rights and remedies hereunder other than under applicable Gaming Laws;

(e) each Pledgor has the power and authority to pledge the Pledged Collateral pledged by it hereunder in the manner hereby done or contemplated;

(f) other than as set forth in the Credit Agreement or the schedules thereto or, after the termination of the Credit Agreement and the First Lien Intercreditor Agreement,

 

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in any Other First Lien Agreement and as required under Gaming Laws, no consent or approval of any Governmental Authority, any securities exchange or any other person was or is necessary to the validity of the pledge effected hereby (other than such as have been obtained and are in full force and effect);

(g) by virtue of the execution and delivery by the Pledgors of this Agreement and the Foreign Pledge Agreements, if any, when any Pledged Securities (excluding any foreign stock not covered by a Foreign Pledge Agreement) are delivered to the Agent, for the benefit of the Secured Parties, in accordance with this Agreement, the Agent will obtain, for the benefit of the Secured Parties, a legal, valid and perfected lien upon and security interest in such Pledged Securities, subject only to Permitted Liens, as security for the payment and performance of the Obligations; and

(h) the pledge effected hereby is effective to vest in the Agent, for the benefit of the Secured Parties, the rights of the Agent in the Pledged Collateral as set forth herein.

SECTION 3.04. Certification of Limited Liability Company and Limited Partnership Interests.

(a) Each interest in any limited liability company or limited partnership Controlled by any Pledgor, pledged hereunder and represented by a certificate, shall be a “security” within the meaning of Article 8 of the New York UCC and shall be governed by Article 8 of the New York UCC, and each such interest shall at all times hereafter be represented by a certificate.

(b) Each interest in any limited liability company or limited partnership Controlled by a Pledgor, pledged hereunder and not represented by a certificate shall not be a “security” within the meaning of Article 8 of the New York UCC and shall not be governed by Article 8 of the New York UCC (or other applicable Uniform Commercial Code in effect in another jurisdiction), and the Pledgors shall at no time elect to treat any such interest as a “security” within the meaning of Article 8 of the New York UCC or issue any certificate representing such interest, unless the applicable Pledgor provides prior notification to the Agent of such election and promptly delivers any such certificate to the Agent pursuant to the terms hereof.

SECTION 3.05. Registration in Nominee Name; Denominations. The Agent, on behalf of the Secured Parties, shall have the right (in its sole and absolute discretion) to hold the Pledged Securities in the name of the applicable Pledgor, endorsed or assigned in blank or in favor of the Agent or, if an Event of Default shall have occurred and be continuing, in its own name as pledgee or the name of its nominee (as pledgee or as sub-agent). Upon the occurrence and during the continuance of an Event of Default, each Pledgor will promptly give to the Agent copies of any notices or other communications received by it with respect to Pledged Securities registered in the name of such Pledgor. If an Event of Default shall have occurred and be continuing, the Agent shall have the right to exchange the certificates representing Pledged Securities for certificates of smaller or larger denominations for any purpose consistent with this Agreement. Each Pledgor shall use its commercially reasonable efforts to cause any Subsidiary that is not a party to this Agreement to comply with a request by the Agent, pursuant to this Section 3.05, to exchange certificates representing Pledged Securities of such Subsidiary for certificates of smaller or larger denominations.

 

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SECTION 3.06. Voting Rights; Dividends and Interest, etc.

(a) Unless and until an Event of Default shall have occurred and be continuing and the Agent shall have given notice to the relevant Pledgors of the Agent’s intention to exercise its rights hereunder:

(i) Each Pledgor shall be entitled to exercise any and all voting and/or other consensual rights and powers inuring to an owner of Pledged Collateral or any part thereof for any purpose consistent with the terms of this Agreement, the Credit Agreement and the other Loan Documents; provided that such rights and powers shall not be exercised in any manner that could materially and adversely affect the rights and remedies of any of the Agent or the other Secured Parties under this Agreement, the Credit Agreement or any other Loan Document or the ability of the Secured Parties to exercise the same.

(ii) The Agent shall promptly execute and deliver to each Pledgor, or cause to be executed and delivered to such Pledgor, all such proxies, powers of attorney and other instruments as such Pledgor may reasonably request for the purpose of enabling such Pledgor to exercise the voting and/or consensual rights and powers it is entitled to exercise pursuant to subparagraph (i) above.

(iii) Each Pledgor shall be entitled to receive and retain any and all dividends, interest, principal and other distributions paid on or distributed in respect of the Pledged Collateral to the extent and only to the extent that such dividends, interest, principal and other distributions are permitted by, and otherwise paid or distributed in accordance with, the terms and conditions of the Credit Agreement, the other Loan Documents, and applicable laws; provided that any noncash dividends, interest, principal or other distributions that would constitute Pledged Securities, whether resulting from a subdivision, combination or reclassification of the outstanding Equity Interests of the issuer of any Pledged Securities or received in exchange for Pledged Securities or any part thereof, or in redemption thereof, or as a result of any merger, consolidation, acquisition or other exchange of assets to which such issuer may be a party or otherwise, shall be and become part of the Pledged Collateral, and, if received by any Pledgor, shall be promptly (and in any event within 45 days of their receipt (or such longer time as the Applicable First Lien Representative shall permit in its reasonable discretion)) delivered to the Agent, for the ratable benefit of the Secured Parties, in the same form as so received (endorsed in a manner reasonably satisfactory to the Agent).

(b) Upon the occurrence and during the continuance of an Event of Default and after notice by the Agent to the relevant Pledgors of the Agent’s intention to exercise its rights hereunder, all rights of any Pledgor to dividends, interest, principal or other distributions that such Pledgor is authorized to receive pursuant to paragraph (a)(iii) of this Section 3.06 shall cease, and all such rights shall thereupon become vested, for the benefit of the Secured Parties, in the Agent, which shall have the sole and exclusive right and authority to receive and retain such

 

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dividends, interest, principal or other distributions. All dividends, interest, principal or other distributions received by any Pledgor contrary to the provisions of this Section 3.06 shall not be commingled by such Pledgor with any of its other funds or property but shall be held separate and apart therefrom, shall be held in trust for the benefit of the Agent, for the benefit of the Secured Parties, and shall be forthwith delivered to the Agent, for the benefit of the Secured Parties, in the same form as so received (endorsed in a manner reasonably satisfactory to the Agent). Any and all money and other property paid over to or received by the Agent pursuant to the provisions of this paragraph (b) shall be retained by the Agent in an account to be established by the Agent upon receipt of such money or other property and shall be applied in accordance with the provisions of Section 5.02. After all Events of Default have been cured or waived and the Borrower has delivered to the Agent a certificate to that effect, the Agent shall promptly repay to each Pledgor (without interest) all dividends, interest, principal or other distributions that such Pledgor would otherwise be permitted to retain pursuant to the terms of paragraph (a)(iii) of this Section 3.06 and that remain in such account.

(c) Upon the occurrence and during the continuance of an Event of Default and after notice by the Agent to the relevant Pledgors of the Agent’s intention to exercise its rights hereunder, subject to applicable Gaming Laws, all rights of any Pledgor to exercise the voting and/or consensual rights and powers it is entitled to exercise pursuant to paragraph (a)(i) of this Section 3.06, and the obligations of the Agent under paragraph (a)(ii) of this Section 3.06, shall cease, and all such rights shall thereupon become vested in the Agent, for the benefit of the Secured Parties, which shall have the sole and exclusive right and authority to exercise such voting and consensual rights and powers; provided that, unless otherwise directed by the Applicable First Lien Representative, the Agent shall have the right from time to time following and during the continuance of an Event of Default to permit the Pledgors to exercise such rights. After all Events of Default have been cured or waived and the Borrower has delivered to the Agent a certificate to that effect, all rights of any Pledgor to exercise the voting and/or consensual rights and powers it is entitled to exercise pursuant to paragraph (a)(i) of this Section 3.06, and the obligations of the Agent under paragraph (a)(ii) of this Section 3.06, shall in each case be reinstated.

(d) Any notice given by the Agent to the Pledgors suspending their rights under paragraph (a) of this Section 3.06 (i) may be given by telephone if promptly confirmed in writing, (ii) may be given to one or more of the Pledgors at the same or different times and (iii) may suspend the rights of the Pledgors under paragraph (a)(i) or paragraph (a)(iii) in part without suspending all such rights (as specified by the Agent in its sole and absolute discretion) and without waiving or otherwise affecting the Agent’s rights to give additional notices from time to time suspending other rights so long as an Event of Default has occurred and is continuing.

ARTICLE IV.

Security Interests in Personal Property

SECTION 4.01. Security Interest.

(a) As security for the payment or performance, as the case may be, in full of the Obligations, each Pledgor hereby assigns and pledges to the Agent, its successors and assigns,

 

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for the ratable benefit of the Secured Parties, and hereby grants to the Agent, its successors and assigns, for the ratable benefit of the Secured Parties, and confirms its prior grants to the Agent for the benefit of the Secured Parties (other than the Other First Lien Secured Parties) of, a security interest (the “Security Interest”) in all right, title and interest in or to any and all of the following assets and properties now owned or at any time hereafter acquired by such Pledgor or in which such Pledgor now has or at any time in the future may acquire any right, title or interest (collectively, the “Article 9 Collateral”):

(i) all Accounts;

(ii) all Chattel Paper;

(iii) all cash and Deposit Accounts;

(iv) all Documents;

(v) all Equipment;

(vi) all Fixtures;

(vii) all General Intangibles;

(viii) all Instruments;

(ix) all Intellectual Property;

(x) all Inventory;

(xi) all Investment Property other than the Pledged Collateral;

(xii) all Letter of Credit Rights;

(xiii) all Commercial Tort Claims as described on Schedule II hereto;

(xiv) all books and records pertaining to the Article 9 Collateral;

(xv) all Vessels; and

(xvi) to the extent not otherwise included, all proceeds, Supporting Obligations and products of any and all of the foregoing and all collateral security and guarantees given by any person with respect to any of the foregoing;

provided that, notwithstanding anything to the contrary in this Section 4.01(a), the amount of Obligations secured by the Article 9 Collateral shall at all times be limited to the maximum amount that is permitted to be secured without equally and ratably securing the Retained Notes in accordance with the terms thereof as in effect on the Closing Date.

Notwithstanding anything to the contrary in this Agreement, this Agreement shall not constitute a grant of a security interest in (and the Article 9 Collateral shall not include)

 

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(a) any vehicle covered by a certificate of title or ownership, whether now owned or hereafter acquired, (b) any assets owned on or acquired after the Closing Date, to the extent that, and for so long as, taking such actions would violate any applicable law or regulation (including any Gaming Law or regulation) or an enforceable contractual obligation (after giving effect to Section 9-406(d), 9-407(a), 9-408 or 9-409 of the Uniform Commercial Code and other applicable law) binding on such assets that existed at the time of the acquisition thereof and was not created or made binding on such assets in contemplation or in connection with the acquisition of such assets (except in the case of assets (1) owned on the Closing Date or (2) acquired after the Closing Date with Indebtedness of the type permitted pursuant to Sections 6.01(i), 6.01(y) and 6.01(z) of the Credit Agreement that is secured by a Permitted Lien), (c) those assets as to which the Applicable First Lien Representative shall reasonably determine in writing that the costs of obtaining or perfecting such a security interest are excessive in relation to the value of the security to be afforded thereby, (d) any Letter of Credit Rights to the extent any Pledgor is required by applicable law to apply the proceeds of a drawing of such Letter of Credit for a specified purpose, (e) any Equity Interests or debt securities excluded from the pledge made pursuant to Section 3.01 hereof, (f) any Pledgor’s right, title or interest in any license, contract or agreement to which such Pledgor is a party or any of its right, title or interest thereunder to the extent, but only to the extent, that such a grant would violate applicable Gaming Laws or the terms of such license, contract or agreement, or result in a breach of the terms of, or constitute a default under, any such license, contract or agreement to which such Pledgor is a party (other than to the extent that any such term would be rendered ineffective pursuant to Section 9-406, 9-407, 9-408 or 9-409 of the New York UCC or any other applicable law or regulation (including Title 11 of the United States Code) or principles of equity); provided that, immediately upon the ineffectiveness, lapse or termination of any such provision, the Collateral shall include, and such Pledgor shall be deemed to have granted a security interest in, all such rights and interests as if such provision had never been in effect, or (g) any Equipment or other asset owned by any Pledgor that is subject to a purchase money lien or a Capitalized Lease Obligation, in each case, as permitted by the Credit Agreement and not prohibited by any Other First Lien Agreement, if the contract or other agreement in which such Lien is granted (or the documentation providing for such Capitalized Lease Obligation) prohibits or requires the consent of any person other than the Pledgors as a condition to the creation of any other security interest on such Equipment or asset and, in each case, such prohibition or requirement is permitted by the Credit Agreement and not prohibited by any Other First Lien Agreement. In addition, for the avoidance of doubt (i) the provisions of Section 9.23 of the Credit Agreement and Section 7.24 of this Agreement shall apply to all the terms and provisions of this Agreement and (ii) the parties hereto acknowledge and agree that no security interest or rights of any kind related to possession or ownership of any license issued by the Missouri Gaming Commission or any interest in a license issued by the Missouri Gaming Commission are being granted hereunder to the extent and for so long as the grant of such security interest or rights are prohibited by the Gaming Laws of the State of Missouri.

(b) Each Pledgor hereby irrevocably authorizes the Agent at any time and from time to time to file in any relevant jurisdiction any initial financing statements (including fixture filings) with respect to the Article 9 Collateral or any part thereof and amendments thereto that contain the information required by Article 9 of the Uniform Commercial Code of each applicable jurisdiction for the filing of any financing statement or amendment, including (i) whether such Pledgor is an organization, the type of organization and any organizational identification number issued to such Pledgor, (ii) in the case of a financing statement filed as a fixture

 

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filing, a sufficient description of the real property to which such Article 9 Collateral relates and (iii) a description of collateral that describes such property in any other manner as the Agent may reasonably determine is necessary or advisable to ensure the perfection of the security interest in the Article 9 Collateral granted under this Agreement, including describing such property as “all assets” or “all property” or words of similar effect. Each Pledgor agrees to provide such information to the Agent promptly upon request.

The Agent is further authorized to file with the United States Patent and Trademark Office or United States Copyright Office (or any successor office or any similar office in any other country) such documents as may be necessary or advisable for the purpose of perfecting, confirming, continuing, enforcing or protecting the Security Interest granted by each Pledgor, without the signature of any Pledgor, and naming any Pledgor or the Pledgors as debtors and the Agent as secured party.

(c) The Security Interest is granted as security only and shall not subject the Agent or any other Secured Party to, or in any way alter or modify, any obligation or liability of any Pledgor with respect to or arising out of the Article 9 Collateral.

SECTION 4.02. Representations and Warranties. The Pledgors jointly and severally represent and warrant to the Agent and the Secured Parties that:

(a) Each Pledgor has good and valid rights in and title to the Article 9 Collateral with respect to which it has purported to grant a Security Interest hereunder and has full power and authority to grant to the Agent the Security Interest in such Article 9 Collateral pursuant hereto and to execute, deliver and perform its obligations in accordance with the terms of this Agreement, without the consent or approval of any other person other than any consent or approval that has been obtained and is in full force and effect or has otherwise been disclosed herein or in the Credit Agreement and the Schedules thereto or, after the termination of the Credit Agreement and the First Lien Intercreditor Agreement, in the Indenture or any offering circular related thereto.

(b) The Perfection Certificate has been duly prepared, completed and executed and the information set forth therein, including the exact legal name of each Pledgor, is correct and complete, in all material respects, as of the Closing Date. Uniform Commercial Code financing statements (including fixture filings, as applicable) or other appropriate filings, recordings or registrations containing a description of the Article 9 Collateral have been prepared by the Agent based upon the information provided to the Agent in the Perfection Certificate for filing in each governmental, municipal or other office specified in Schedule 7 to the Perfection Certificate (or specified by notice from the Borrower to the Agent after the Closing Date in the case of filings, recordings or registrations required by Section 5.10 of the Credit Agreement or, after the termination of the Credit Agreement and the First Lien Intercreditor Agreement, any equivalent provision of each Other First Lien Agreement), and constitute all the filings, recordings and registrations (other than filings required to be made in the United States Patent and Trademark Office and the United States Copyright Office in order to perfect the Security Interest in Article 9 Collateral consisting of United States Patents, United States registered Trademarks and United States registered Copyrights) that are necessary to publish

 

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notice of and protect the validity of and to establish a legal, valid and perfected security interest in favor of the Agent (for the benefit of the Secured Parties) in respect of all Article 9 Collateral in which the Security Interest may be perfected by filing, recording or registration in the United States (or any political subdivision thereof) and its territories and possessions, and no further or subsequent filing, refiling, recording, rerecording, registration or reregistration is necessary in any such jurisdiction, except as provided under applicable law with respect to the filing of continuation statements or amendments. Each Pledgor represents and warrants that a fully executed agreement in the form hereof (or a short form hereof which form shall be reasonably acceptable to the Agent) containing a description of all Article 9 Collateral consisting of Intellectual Property with respect to registered United States Patents (and Patents for which registration applications are pending), registered United States Trademarks (and Trademarks for which registration applications are pending) and registered United States Copyrights (and Copyrights for which registration applications are pending) has been delivered to the Agent for recording with the United States Patent and Trademark Office and the United States Copyright Office pursuant to 35 U.S.C. § 261, 15 U.S.C. § 1060 or 17 U.S.C. § 205 and the regulations thereunder, as applicable, to protect the validity of and to establish a legal, valid and perfected security interest in favor of the Agent, for the benefit of the Secured Parties, in respect of all Article 9 Collateral consisting of such Intellectual Property in which a security interest may be perfected by recording with the United States Patent and Trademark Office and the United States Copyright Office, and no further or subsequent filing, refiling, recording, rerecording, registration or reregistration is necessary (other than such actions as are necessary to perfect the Security Interest with respect to any Article 9 Collateral consisting of Patents, Trademarks and Copyrights (or registration or application for registration thereof) acquired or developed after the Closing Date).

(c) The Security Interest constitutes and will continue to constitute, in the case of Obligations (other than Other First Lien Obligations), (i) a legal and valid security interest in all the Article 9 Collateral securing the payment and performance of the Obligations, (ii) subject to the filings described in Section 4.02(b) (which actions have been taken prior to the Closing Date to the extent required by the Original Collateral Agreement and shall continue to apply to the Obligations under this Agreement), a perfected security interest in all Article 9 Collateral in which a security interest may be perfected by filing, recording or registering a financing statement or analogous document in the United States (or any political subdivision thereof) and its territories and possessions pursuant to the Uniform Commercial Code or other applicable law in such jurisdictions and (iii) subject to Section 4.02(b), a security interest that shall be perfected in all Article 9 Collateral in which a security interest may be perfected upon the receipt and recording of the Original Collateral Agreement (or a short form thereof or hereof) with the United States Patent and Trademark Office and the United States Copyright Office, as applicable. The Security Interest is and shall be prior to any other Lien on any of the Article 9 Collateral other than Permitted Liens.

(d) The Article 9 Collateral is owned by the Pledgors free and clear of any Lien, other than Permitted Liens. None of the Pledgors has filed or consented to the filing of (i) any financing statement or analogous document under the Uniform Commercial Code or any other applicable laws covering any Article 9 Collateral, (ii) any assignment

 

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in which any Pledgor assigns any Article 9 Collateral or any security agreement or similar instrument covering any Article 9 Collateral with the United States Patent and Trademark Office or the United States Copyright Office or (iii) any assignment in which any Pledgor assigns any Article 9 Collateral or any security agreement or similar instrument covering any Article 9 Collateral with any foreign governmental, municipal or other office, which financing statement or analogous document, assignment, security agreement or similar instrument is still in effect, except, in each case, for Permitted Liens.

(e) None of the Pledgors holds any Commercial Tort Claim individually in excess of $15,000,000 as of the Closing Date except as indicated on the Perfection Certificate.

(f) Except as set forth in the Perfection Certificate, as of the Closing Date, all Accounts owned by the Pledgors have been originated by the Pledgors and all Inventory owned by the Pledgors has been acquired by the Pledgors in the ordinary course of business.

SECTION 4.03. Covenants.

(a) Each Pledgor agrees promptly (and in any event within 10 days thereof, or such longer period of time as may be agreed by the Agent) to notify the Agent in writing of any change (i) in its legal name, (ii) in its identity or type of organization or corporate structure, (iii) in its Federal Taxpayer Identification Number or organizational identification number or (iv) in its jurisdiction of organization. Each Pledgor agrees promptly to provide the Agent with certified organizational documents reflecting any of the changes described in the immediately preceding sentence. Each Pledgor agrees not to effect or permit any change referred to in the first sentence of this paragraph (a) unless all filings have been made, or will have been made within any applicable statutory period, under the Uniform Commercial Code or otherwise that are required in order for the Agent to continue at all times following such change to have a valid, legal and perfected first priority security interest in all the Article 9 Collateral, for the benefit of the Secured Parties. Each Pledgor agrees promptly to notify the Agent if any material portion of the Article 9 Collateral owned or held by such Pledgor is damaged or destroyed.

(b) Subject to the rights of such Pledgor under the Loan Documents to dispose of Collateral, each Pledgor shall, at its own expense, use commercially reasonable efforts to defend title to the Article 9 Collateral against all persons and to defend the Security Interest of the Agent, for the benefit of the Secured Parties, in the Article 9 Collateral and the priority thereof against any Lien that is not a Permitted Lien.

(c) Each Pledgor agrees, at its own expense, to execute, acknowledge, deliver and cause to be duly filed all such further instruments and documents and take all such actions as the Agent may from time to time reasonably request to better assure, preserve, protect and perfect the Security Interest and the rights and remedies created hereby, including the payment of any fees and taxes required in connection with the execution and delivery of this Agreement and the granting of the Security Interest and the filing of any financing statements (including fixture filings) or other documents in connection herewith or therewith.

 

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Without limiting the generality of the foregoing, each Pledgor hereby authorizes the Agent, with prompt notice thereof to the Pledgors, to supplement this Agreement by supplementing Schedule IV or adding additional schedules hereto to specifically identify any asset or item that may constitute Copyrights, Patents, Trademarks, Copyright Licenses, Patent Licenses or Trademark Licenses; provided that any Pledgor shall have the right, exercisable within 90 days after it has been notified by the Agent of the specific identification of such Collateral, to advise the Agent in writing of any inaccuracy of the representations and warranties made by such Pledgor hereunder with respect to such Collateral. Each Pledgor agrees that it will use its commercially reasonable efforts to take such action as shall be necessary in order that all representations and warranties hereunder shall be true and correct with respect to such Collateral within 90 days after the date it has been notified by the Agent of the specific identification of such Collateral.

(d) After the occurrence of an Event of Default and during the continuance thereof, the Agent shall have the right to verify under reasonable procedures the validity, amount, quality, quantity, value, condition and status of, or any other matter relating to, the Article 9 Collateral, including, in the case of Accounts or Article 9 Collateral in the possession of any third person, by contacting Account Debtors or the third person possessing such Article 9 Collateral for the purpose of making such a verification. The Agent shall have the right to share any information it gains from such inspection or verification with any Secured Party.

(e) At its option, the Agent may discharge any past due taxes, assessments, charges, fees, Liens, security interests or other encumbrances at any time levied or placed on the Article 9 Collateral and that is not a Permitted Lien, and may pay for the maintenance and preservation of the Article 9 Collateral to the extent any Pledgor fails to do so as required by the Credit Agreement, each Other First Lien Agreement or this Agreement, and each Pledgor jointly and severally agrees to reimburse the Agent on demand for any reasonable payment made or any reasonable expense incurred by the Agent pursuant to the foregoing authorization; provided, however, that nothing in this Section 4.03(e) shall be interpreted as excusing any Pledgor from the performance of, or imposing any obligation on the Agent or any Secured Party to cure or perform, any covenants or other promises of any Pledgor with respect to taxes, assessments, charges, fees, Liens, security interests or other encumbrances and maintenance as set forth herein or in the other Loan Documents.

(f) Each Pledgor (rather than the Agent or any Secured Party) shall remain liable for the observance and performance of all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Article 9 Collateral and each Pledgor jointly and severally agrees to indemnify and hold harmless the Agent and the Secured Parties from and against any and all liability for such performance.

(g) None of the Pledgors shall make or permit to be made an assignment, pledge or hypothecation of the Article 9 Collateral or shall grant any other Lien in respect of the Article 9 Collateral, except as expressly permitted by the Credit Agreement and not prohibited by any Other First Lien Agreement. None of the Pledgors shall make or permit to be made any transfer of the Article 9 Collateral and each Pledgor shall remain at all times in possession of the Article 9 Collateral owned by it, except as permitted by the Credit Agreement and not prohibited by any Other First Lien Agreement. Notwithstanding the foregoing, if the Agent shall have notified

 

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the Pledgors that an Event of Default under clause (b), (c), (h) or (i) of Section 7.01 of the Credit Agreement or the equivalent provisions of any Other First Lien Agreement shall have occurred and be continuing, and during the continuance thereof, the Pledgors shall not sell, convey, lease, assign, transfer or otherwise dispose of any Article 9 Collateral to the extent requested by the Agent (which notice may be given by telephone if promptly confirmed in writing).

(h) None of the Pledgors will, without the Agent’s prior written consent (which consent shall not be unreasonably withheld), grant any extension of the time of payment of any Accounts included in the Article 9 Collateral, compromise, compound or settle the same for less than the full amount thereof, release, wholly or partly, any person liable for the payment thereof or allow any credit or discount whatsoever thereon, other than extensions, credits, discounts, compromises or settlements granted or made in the ordinary course of business and consistent with prudent business practices, except as permitted by the Credit Agreement and not prohibited by any Other First Lien Agreement.

(i) Each Pledgor irrevocably makes, constitutes and appoints the Agent (and all officers, employees or agents designated by the Agent) as such Pledgor’s true and lawful agent (and attorney-in-fact) for the purpose, during the continuance of an Event of Default, of making, settling and adjusting claims in respect of Article 9 Collateral under policies of insurance, endorsing the name of such Pledgor on any check, draft, instrument or other item of payment for the proceeds of such policies of insurance and for making all determinations and decisions with respect thereto. In the event that any Pledgor at any time or times shall fail to obtain or maintain any of the policies of insurance required by the Loan Documents or to pay any premium in whole or part relating thereto, the Agent may, without waiving or releasing any obligation or liability of the Pledgors hereunder or any Event of Default, in its sole discretion, obtain and maintain such policies of insurance and pay such premium and take any other actions with respect thereto as the Agent reasonably deems advisable. All sums disbursed by the Agent in connection with this Section 4.03(i), including reasonable attorneys’ fees, court costs, expenses and other charges relating thereto, shall be payable, upon demand, by the Pledgors to the Agent and shall be additional Obligations secured hereby.

SECTION 4.04. Other Actions. In order to further ensure the attachment, perfection and priority of, and the ability of the Agent to enforce, for the benefit of the Secured Parties, the Agent’s security interest in the Article 9 Collateral, each Pledgor agrees, in each case at such Pledgor’s own expense, to take the following actions with respect to the following Article 9 Collateral:

(a) Instruments and Tangible Chattel Paper. If any Pledgor shall at any time own or acquire any Instruments or Tangible Chattel Paper evidencing an amount in excess of $15,000,000, such Pledgor shall forthwith endorse, assign and deliver the same to the Agent, accompanied by such instruments of transfer or assignment duly executed in blank as the Agent may from time to time reasonably request.

(b) Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $15,000,000, such Pledgor shall promptly notify the Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Agent in writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Agent.

 

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SECTION 4.05. Covenants Regarding Patent, Trademark and Copyright Collateral. Except as permitted by the Credit Agreement and, after the termination of the Credit Agreement and the First Lien Intercreditor Agreement, each Other First Lien Agreement:

(a) Each Pledgor agrees that it will not knowingly do any act or omit to do any act (and will exercise commercially reasonable efforts to prevent its licensees from doing any act or omitting to do any act) whereby any Patent material to the normal conduct of such Pledgor’s business may become prematurely invalidated or dedicated to the public, and agrees that it shall take commercially reasonable steps with respect to any material products covered by any such Patent as necessary and sufficient to establish and preserve its rights under applicable patent laws.

(b) Each Pledgor will, and will use its commercially reasonable efforts to cause its licensees or its sublicensees to, for each Trademark material to the normal conduct of such Pledgor’s business, (i) maintain such Trademark in full force free from any adjudication of abandonment or invalidity for non-use, (ii) maintain the quality of products and services offered under such Trademark, (iii) display such Trademark with notice of federal or foreign registration or claim of trademark or service mark as required under applicable law and (iv) not knowingly use or knowingly permit its licensees’ use of such Trademark in violation of any third-party rights.

(c) Each Pledgor will, and will use its commercially reasonable efforts to cause its licensees or its sublicensees to, for each work covered by a material Copyright necessary to the normal conduct of such Pledgor’s business that it publishes, displays and distributes, use copyright notice as required under applicable copyright laws.

(d) Each Pledgor shall notify the Agent promptly if it knows that any Patent, Trademark or Copyright material to the normal conduct of such Pledgor’s business may imminently become abandoned, lost or dedicated to the public, or of any materially adverse determination or development, excluding office actions and similar determinations or developments, in the United States Patent and Trademark Office, United States Copyright Office, any court or any similar office of any country, regarding such Pledgor’s ownership of any such material Patent, Trademark or Copyright or its right to register or to maintain the same.

(e) Each Pledgor, either itself or through any agent, employee, licensee or designee, shall (i) inform the Agent on an annual basis at the time of delivery of financial statements for such year (commencing with the financial statements for the fiscal year ended December 31, 2008) of each application by itself, or through any agent, employee, licensee or designee, for any Patent with the United States Patent and Trademark Office and each registration of any Trademark or Copyright with the United States Patent and Trademark Office, the United States Copyright Office or any comparable office or agency in any other country filed during the preceding twelve-month period, and (ii) upon the reasonable request of the Agent, execute and deliver any and all agreements, instruments, documents and papers as the Agent may reasonably request to evidence the Agent’s security interest in such Patent, Trademark or Copyright.

 

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(f) Each Pledgor shall exercise its reasonable business judgment consistent with the practice in any proceeding before the United States Patent and Trademark Office, the United States Copyright Office or any comparable office or agency in any other country with respect to maintaining and pursuing each material application relating to any Patent, Trademark and/or Copyright (and obtaining the relevant grant or registration) material to the normal conduct of such Pledgor’s business and to maintain (i) each issued Patent and (ii) the registrations of each Trademark and each Copyright that is material to the normal conduct of such Pledgor’s business, including, when applicable and necessary in such Pledgor’s reasonable business judgment, timely filings of applications for renewal, affidavits of use, affidavits of incontestability and payment of maintenance fees, and, if any Pledgor believes necessary in its reasonable business judgment, to initiate opposition, interference and cancellation proceedings against third parties.

(g) In the event that any Pledgor knows or has reason to know that any Article 9 Collateral consisting of a Patent, Trademark or Copyright material to the normal conduct of its business has been or is about to be materially infringed, misappropriated or diluted by a third party, such Pledgor shall promptly notify the Agent and shall, if such Pledgor deems it necessary in its reasonable business judgment, promptly sue and recover any and all damages, and take such other actions as are reasonably appropriate under the circumstances.

(h) Upon and during the continuance of an Event of Default, at the request of the Agent, each Pledgor shall use commercially reasonable efforts to obtain all requisite consents or approvals from the licensor under each Copyright License, Patent License or Trademark License to effect the assignment of all such Pledgor’s right, title and interest thereunder to (in the Agent’s sole discretion) the designee of the Agent or the Agent.

ARTICLE V.

Remedies

SECTION 5.01. Remedies upon Default. Upon the occurrence and during the continuance of an Event of Default, subject to applicable Gaming Laws, each Pledgor agrees to deliver each item of Collateral to the Agent on demand, and it is agreed that the Agent shall have the right to take any of or all the following actions at the same or different times: (a) with respect to any Article 9 Collateral consisting of Intellectual Property, on demand, to cause the Security Interest to become an assignment, transfer and conveyance of any of or all such Article 9 Collateral by the applicable Pledgors to the Agent or to license or sublicense, whether general, special or otherwise, and whether on an exclusive or a nonexclusive basis, any such Article 9 Collateral throughout the world on such terms and conditions and in such manner as the Agent shall determine (other than in violation of any then-existing licensing arrangements to the extent that waivers thereunder cannot be obtained) and (b) with or without legal process and with or without prior notice or demand for performance, to take possession of the Article 9 Collateral and without liability for trespass to the applicable Pledgor to enter any premises where the Article 9

 

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Collateral may be located for the purpose of taking possession of or removing the Article 9 Collateral and, generally, to exercise any and all rights afforded to a secured party under the applicable Uniform Commercial Code or other applicable law. Without limiting the generality of the foregoing, each Pledgor agrees that the Agent shall have the right, subject to the requirements of applicable law, to sell or otherwise dispose of all or any part of the Collateral at a public or private sale or at any broker’s board or on any securities exchange, for cash, upon credit or for future delivery as the Agent shall deem appropriate. The Agent shall be authorized in connection with any sale of a security (if it deems it advisable to do so) pursuant to the foregoing to restrict the prospective bidders or purchasers to persons who represent and agree that they are purchasing such security for their own account, for investment, and not with a view to the distribution or sale thereof. Upon consummation of any such sale of Collateral pursuant to this Section 5.01 the Agent shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Collateral so sold. Each such purchaser at any such sale shall hold the property sold absolutely, free from any claim or right on the part of any Pledgor, and each Pledgor hereby waives and releases (to the extent permitted by law) all rights of redemption, stay, valuation and appraisal that such Pledgor now has or may at any time in the future have under any rule of law or statute now existing or hereafter enacted.

The Agent shall give the applicable Pledgors 10 days’ written notice (which each Pledgor agrees is reasonable notice within the meaning of Section 9-611 of the New York UCC or its equivalent in other jurisdictions) of the Agent’s intention to make any sale of Collateral. At any such sale, the Collateral, or the portion thereof, to be sold may be sold in one lot as an entirety or in separate parcels, as the Agent may (in its sole and absolute discretion) determine. The Agent shall not be obligated to make any sale of any Collateral if it shall determine not to do so, regardless of the fact that notice of sale of such Collateral shall have been given. The Agent may, without notice or publication, adjourn any public or private sale or cause the same to be adjourned from time to time by announcement at the time and place fixed for sale, and such sale may, without further notice, be made at the time and place to which the same was so adjourned. In the case of any sale of all or any part of the Collateral made on credit or for future delivery, the Collateral so sold may be retained by the Agent until the sale price is paid by the purchaser or purchasers thereof, but the Agent shall not incur any liability in the event that any such purchaser or purchasers shall fail to take up and pay for the Collateral so sold and, in the case of any such failure, such Collateral may be sold again upon notice given in accordance with provisions above. At any public (or, to the extent permitted by law, private) sale made pursuant to this Section 5.01, any Secured Party may bid for or purchase for cash, free (to the extent permitted by law) from any right of redemption, stay, valuation or appraisal on the part of any Pledgor (all such rights being also hereby waived and released to the extent permitted by law), the Collateral or any part thereof offered for sale and such Secured Party may, upon compliance with the terms of sale, hold, retain and dispose of such property without further accountability to any Pledgor therefor. For purposes hereof, a written agreement to purchase the Collateral or any portion thereof shall be treated as a sale thereof; the Agent shall be free to carry out such sale pursuant to such agreement and no Pledgor shall be entitled to the return of the Collateral or any portion thereof subject thereto, notwithstanding the fact that after the Agent shall have entered into such an agreement all Events of Default shall have been remedied and the Obligations paid in full. As an alternative to exercising the power of sale herein conferred upon it, the Agent may proceed by a suit or suits at law or in equity to foreclose this Agreement and to sell the Collateral or any portion thereof pursuant to a judgment or decree of a court or courts having competent jurisdiction

 

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or pursuant to a proceeding by a court-appointed receiver. Any sale pursuant to the provisions of this Section 5.01 shall be deemed to conform to the commercially reasonable standards as provided in Section 9-610(b) of the New York UCC or its equivalent in other jurisdictions.

SECTION 5.02. Application of Proceeds. The Agent shall promptly apply the proceeds, moneys or balances of any collection or sale of Collateral, as well as any Collateral consisting of cash, as follows:

FIRST, to the payment of all reasonable costs and expenses incurred by the Agent in connection with such collection or sale or otherwise in connection with this Agreement, any other Loan Document or any of the Obligations, including all court costs and the reasonable fees and expenses of its agents and legal counsel, the repayment of all advances made by the Agent hereunder or under any other Loan Document on behalf of any Pledgor and any other reasonable costs or expenses incurred in connection with the exercise of any right or remedy hereunder or under any other Loan Document;

SECOND, to the payment in full of the Obligations (the amounts so applied to be distributed among the Secured Parties pro rata in accordance with the respective amounts of the Obligations owed to them on the date of any such distribution); and

THIRD, to the Pledgors, their successors or assigns, or as a court of competent jurisdiction may otherwise direct.

The Agent shall have absolute discretion as to the time of application of any such proceeds, moneys or balances in accordance with this Agreement. Upon any sale of Collateral by the Agent (including pursuant to a power of sale granted by statute or under a judicial proceeding), the receipt of the purchase money by the Agent or of the officer making the sale shall be a sufficient discharge to the purchaser or purchasers of the Collateral so sold and such purchaser or purchasers shall not be obligated to see to the application of any part of the purchase money paid over to the Agent or such officer or be answerable in any way for the misapplication thereof.

SECTION 5.03. Grant of License to Use Intellectual Property. For the purpose of enabling the Agent to exercise rights and remedies under this Agreement at such time as the Agent shall be lawfully entitled to exercise such rights and remedies, each Pledgor hereby grants to (in the Agent’s sole discretion) a designee of the Agent or the Agent, for the benefit of the Secured Parties, an irrevocable, non-exclusive license (exercisable without payment of royalty or other compensation to any Pledgor) to use, license or sublicense any of the Article 9 Collateral consisting of Intellectual Property now owned or hereafter acquired by such Pledgor, wherever the same may be located, and including in such license reasonable access to all media in which any of the licensed items may be recorded or stored and to all computer software and programs used for the compilation or printout thereof, the right to prosecute and maintain all Intellectual Property and the right to sue for past infringement of the Intellectual Property. The use of such license by the Agent may be exercised, at the option of the Agent, upon the occurrence and during the continuation of an Event of Default; provided that any license, sublicense or other transaction entered into by the Agent in accordance herewith shall be binding upon the Pledgors notwithstanding any subsequent cure of an Event of Default.

 

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SECTION 5.04. Securities Act, etc. In view of the position of the Pledgors in relation to the Pledged Collateral, or because of other current or future circumstances, a question may arise under the Securities Act of 1933, as now or hereafter in effect, or any similar federal statute hereafter enacted analogous in purpose or effect (such Act and any such similar statute as from time to time in effect being called the “Federal Securities Laws”) with respect to any disposition of the Pledged Collateral permitted hereunder. Each Pledgor understands that compliance with the Federal Securities Laws might very strictly limit the course of conduct of the Agent if the Agent were to attempt to dispose of all or any part of the Pledged Collateral, and might also limit the extent to which or the manner in which any subsequent transferee of any Pledged Collateral could dispose of the same. Similarly, there may be other legal restrictions or limitations affecting the Agent in any attempt to dispose of all or part of the Pledged Collateral under applicable Blue Sky or other state securities laws or similar laws analogous in purpose or effect. Each Pledgor acknowledges and agrees that in light of such restrictions and limitations, the Agent, in its sole and absolute discretion, (a) may proceed to make such a sale whether or not a registration statement for the purpose of registering such Pledged Collateral or part thereof shall have been filed under the Federal Securities Laws or, to the extent applicable, Blue Sky or other state securities laws and (b) may approach and negotiate with a single potential purchaser to effect such sale. Each Pledgor acknowledges and agrees that any such sale might result in prices and other terms less favorable to the seller than if such sale were a public sale without such restrictions. In the event of any such sale, the Agent shall incur no responsibility or liability for selling all or any part of the Pledged Collateral at a price that the Agent, in its sole and absolute discretion, may in good faith deem reasonable under the circumstances, notwithstanding the possibility that a substantially higher price might have been realized if the sale were deferred until after registration as aforesaid or if more than a single purchaser were approached. The provisions of this Section 5.04 will apply notwithstanding the existence of a public or private market upon which the quotations or sales prices may exceed substantially the price at which the Agent sells.

SECTION 5.05. Registration, etc. Each Pledgor agrees that, upon the occurrence and during the continuance of an Event of Default, if for any reason the Agent desires to sell any of the Pledged Collateral at a public sale, subject to applicable Gaming Laws, it will, at any time and from time to time, upon the written request of the Agent, use its commercially reasonable efforts to take or to cause the issuer of such Pledged Collateral to take such action and prepare, distribute and/or file such documents, as are required or advisable in the reasonable opinion of counsel for the Agent to permit the public sale of such Pledged Collateral. Each Pledgor further agrees to indemnify, defend and hold harmless the Agent, each other Secured Party, any underwriter and their respective officers, directors, affiliates and controlling persons from and against all loss, liability, expenses, costs of counsel (including reasonable fees and expenses to the Agent of legal counsel), and claims (including the costs of investigation) that they may incur insofar as such loss, liability, expense or claim arises out of or is based upon any alleged untrue statement of a material fact contained in any prospectus (or any amendment or supplement thereto) or in any notification or offering circular, or arises out of or is based upon any alleged omission to state a material fact required to be stated therein or necessary to make the statements in any thereof not misleading, except insofar as the same may have been caused by any untrue statement or omission based upon information furnished in writing to such Pledgor or the issuer of such Pledged Collateral by the Agent or any other Secured Party expressly for use therein. Each Pledgor further agrees, upon such written request referred to above, to use its commercially reasonable efforts to qualify, file or register, or cause the issuer of such Pledged

 

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Collateral to qualify, file or register, any of the Pledged Collateral under the Blue Sky or other securities laws of such states as may be reasonably requested by the Agent and keep effective, or cause to be kept effective, all such qualifications, filings or registrations. Each Pledgor will bear all costs and expenses of carrying out its obligations under this Section 5.05. Each Pledgor acknowledges that there is no adequate remedy at law for failure by it to comply with the provisions of this Section 5.05 only and that such failure would not be adequately compensable in damages and, therefore, agrees that its agreements contained in this Section 5.05 may be specifically enforced.

ARTICLE VI.

[Intentionally Omitted]

ARTICLE VII.

Miscellaneous

SECTION 7.01. Notices. All communications and notices hereunder shall (except as otherwise expressly permitted herein) be in writing and given as provided in Section 9.01 of the Credit Agreement (whether or not then in effect) and all notices to any holder of obligations under any Other First Lien Agreements, at its address set forth in the Other First Lien Secured Party Consent or in the First Lien Intercreditor Agreement, as such address may be changed by written notice to the Agent and the Borrower. All communications and notices hereunder to any Subsidiary Party shall be given to it in care of the Borrower, with such notice to be given as provided in Section 9.01 of the Credit Agreement (whether or not then in effect).

SECTION 7.02. Security Interest Absolute. All rights of the Agent hereunder, the Security Interest, the security interest in the Pledged Collateral and all obligations of each Pledgor hereunder shall be absolute and unconditional irrespective of (a) any lack of validity or enforceability of the Credit Agreement, any other Loan Document, any agreement with respect to any of the Obligations or any other agreement or instrument relating to any of the foregoing, (b) any change in the time, manner or place of payment of, or in any other term of, all or any of the Obligations, or any other amendment or waiver of or any consent to any departure from the Credit Agreement, any other Loan Document, or any other agreement or instrument, (c) any exchange, release or non-perfection of any Lien on other collateral, or any release or amendment or waiver of or consent under or departure from any guarantee, securing or guaranteeing all or any of the Obligations or (d) any other circumstance that might otherwise constitute a defense available to, or a discharge of, any Pledgor in respect of the Obligations or this Agreement (other than a defense of payment or performance).

SECTION 7.03. Limitation by Law. All rights, remedies and powers provided in this Agreement may be exercised only to the extent that the exercise thereof does not violate any applicable provision of law or regulation (including any Gaming Law or regulation), and all the provisions of this Agreement are intended to be subject to all applicable mandatory provisions of law or regulation (including any Gaming Law or regulation) that may be controlling and to be limited to the extent necessary so that they shall not render this Agreement invalid, unenforceable, in whole or in part, or not entitled to be recorded, registered or filed under the provisions of any applicable law or regulation (including any Gaming Law or regulation).

 

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SECTION 7.04. Binding Effect; Several Agreement. This Agreement shall become effective as to any party to this Agreement when a counterpart hereof executed on behalf of such party shall have been delivered to the Agent and a counterpart hereof shall have been executed on behalf of the Agent, and thereafter shall be binding upon such party and the Agent and their respective permitted successors and assigns, and shall inure to the benefit of such party, the Agent and the other Secured Parties and their respective permitted successors and assigns, except that no party shall have the right to assign or transfer its rights or obligations hereunder or any interest herein or in the Collateral (and any such assignment or transfer shall be void) except as expressly contemplated by this Agreement or the Credit Agreement or, after the termination of the Credit Agreement and the First Lien Intercreditor Agreement, any Other First Lien Agreement. This Agreement shall be construed as a separate agreement with respect to each party and may be amended, modified, supplemented, waived or released with respect to any party without the approval of any other party and without affecting the obligations of any other party hereunder.

SECTION 7.05. Successors and Assigns. Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the permitted successors and assigns of such party; and all covenants, promises and agreements by or on behalf of any Pledgor or the Agent that are contained in this Agreement shall bind and inure to the benefit of their respective permitted successors and assigns. The Agent hereunder shall at all times be the same person that is the “Collateral Agent” under the First Lien Intercreditor Agreement. Written notice of resignation by the “Collateral Agent” pursuant to the First Lien Intercreditor Agreement shall also constitute notice of resignation as the Agent under this Agreement. Upon the acceptance of any appointment as the “Collateral Agent” under the First Lien Intercreditor Agreement by a successor “Collateral Agent,” that successor “Collateral Agent” shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent pursuant hereto.

SECTION 7.06. Agent’s Fees and Expenses; Indemnification.

(a) The parties hereto agree that the Agent shall be entitled to reimbursement of its expenses incurred hereunder as provided in Section 9.05 of the Credit Agreement and the equivalent provision of each Other First Lien Agreement.

(b) Without limitation of its indemnification obligations under the other Loan Documents, each Pledgor jointly and severally agrees to indemnify the Agent and the other Indemnitees (as defined in Section 9.05 of the Credit Agreement) (or such equivalent term as may be used in any Other First Lien Agreement) against, and hold each Indemnitee harmless from, any and all losses, claims, damages, liabilities and related expenses, including reasonable counsel fees, charges and disbursements (limited to not more than one counsel, plus, if necessary, one local counsel per jurisdiction) (except the allocated costs of in-house counsels), incurred by or asserted against any Indemnitee arising out of, in connection with, or as a result of, (i) the execution or delivery of this Agreement or any other Loan Document or any agreement or instrument contemplated hereby or thereby the performance by the parties hereto and thereto of their respective

 

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obligations thereunder or the consummation of the Transactions and other transactions contemplated hereby (including in connection with the appointment of any successor Agent in accordance with the applicable Loan Documents and in connection with any filings, registrations or any other actions to be taken to reflect the security interest of such successor Agent), (ii) the use of proceeds of the Loans or any Other First Lien Obligations or the use of any Letter of Credit or (iii) any claim, litigation, investigation or proceeding relating to any of the foregoing, or to the Collateral, whether or not any Indemnitee is a party thereto and regardless of whether such matter is initiated by a third party or any Pledgor; provided that such indemnity shall not, as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted from (1) the gross negligence or willful misconduct of such Indemnitee (for purpose of this proviso only, each of the Agent, and any Secured Party shall be treated as several and separate Indemnitees, but each of them together with its respective Related Parties, shall be treated as a single Indemnitee) or (2) any material breach of any Loan Document by such Indemnitee.

(c) Any such amounts payable as provided hereunder shall be additional Obligations secured hereby and by the other Security Documents. The provisions of this Section 7.06 shall remain operative and in full force and effect regardless of the termination of this Agreement or any other Loan Document, the consummation of the transactions contemplated hereby, the repayment of any of the Obligations, the invalidity or unenforceability of any term or provision of this Agreement or any other Loan Document, or any investigation made by or on behalf of the Agent or any other Secured Party. All amounts due under this Section 7.06 shall be payable on written demand therefor.

SECTION 7.07. Agent Appointed Attorney-in-Fact. Each Pledgor hereby appoints the Agent the attorney-in-fact of such Pledgor for the purpose of carrying out the provisions of this Agreement and taking any action and executing any instrument that the Agent may deem necessary or advisable to accomplish the purposes hereof, which appointment is irrevocable and coupled with an interest. Without limiting the generality of the foregoing, subject to applicable Gaming Laws, the Agent shall have the right, upon the occurrence and during the continuance of an Event of Default, with full power of substitution either in the Agent’s name or in the name of such Pledgor, (a) to receive, endorse, assign or deliver any and all notes, acceptances, checks, drafts, money orders or other evidences of payment relating to the Collateral or any part thereof, (b) to demand, collect, receive payment of, give receipt for and give discharges and releases of all or any of the Collateral; (c) to ask for, demand, sue for, collect, receive and give acquittance for any and all moneys due or to become due under and by virtue of any Collateral; (d) to sign the name of any Pledgor on any invoice or bill of lading relating to any of the Collateral; (e) to send verifications of Accounts to any Account Debtor; (f) to commence and prosecute any and all suits, actions or proceedings at law or in equity in any court of competent jurisdiction to collect or otherwise realize on all or any of the Collateral or to enforce any rights in respect of any Collateral; (g) to settle, compromise, compound, adjust or defend any actions, suits or proceedings relating to all or any of the Collateral; (h) to notify, or to require any Pledgor to notify, Account Debtors to make payment directly to the Agent; and (i) to use, sell, assign, transfer, pledge, make any agreement with respect to or otherwise deal with all or any of the Collateral, and to do all other acts and things necessary to carry out the purposes of this Agreement, as fully and completely as though the Agent were the absolute owner of the Collateral for all

 

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purposes; provided that nothing herein contained shall be construed as requiring or obligating the Agent to make any commitment or to make any inquiry as to the nature or sufficiency of any payment received by the Agent, or to present or file any claim or notice, or to take any action with respect to the Collateral or any part thereof or the moneys due or to become due in respect thereof or any property covered thereby. The Agent and the other Secured Parties shall be accountable only for amounts actually received as a result of the exercise of the powers granted to them herein, and neither they nor their officers, directors, employees or agents shall be responsible to any Pledgor for any act or failure to act hereunder, except for their own gross negligence or willful misconduct.

SECTION 7.08. GOVERNING LAW. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.

SECTION 7.09. Waivers; Amendment.

(a) No failure or delay by the Agent, any L/C Issuer, any Lender or any other Secured Party in exercising any right, power or remedy hereunder or under any other Loan Document shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power or remedy, or any abandonment or discontinuance of steps to enforce such a right, power or remedy, preclude any other or further exercise thereof or the exercise of any other right, power or remedy. The rights, powers and remedies of the Agent, any L/C Issuer, the Lenders or any other Secured Party hereunder and under the other Loan Documents are cumulative and are not exclusive of any rights, powers or remedies that they would otherwise have. No waiver of any provision of this Agreement or consent to any departure by any Loan Party therefrom shall in any event be effective unless the same shall be permitted by paragraph (b) of this Section 7.09, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. Without limiting the generality of the foregoing, the making of a Loan, the increase of any Other First Lien Obligations or the issuance of a Letter of Credit shall not be construed as a waiver of any Default or Event of Default, regardless of whether the Agent, any Lender, any L/C Issuer or any other Secured Party may have had notice or knowledge of such Default or Event of Default at the time. No notice or demand on any Loan Party in any case shall entitle any Loan Party to any other or further notice or demand in similar or other circumstances.

(b) Neither this Agreement nor any provision hereof or of any other Security Document may be waived, amended or modified except pursuant to an agreement or agreements in writing entered into by the Agent and the Loan Party or Loan Parties with respect to which such waiver, amendment or modification is to apply, subject to any consent required in accordance with Section 9.08 of the Credit Agreement and any equivalent provision in each applicable Other First Lien Agreement and, by each other Authorized Representative to the extent required by (and in accordance with) such applicable Other First Lien Agreement, or, in each case, as otherwise provided in Section 2.04 of the First Lien Intercreditor Agreement. The Agent may conclusively rely on a certificate of an officer of the Borrower as to whether any amendment contemplated by this Section 7.09(b) is permitted.

 

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SECTION 7.10. WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT OR ANY OTHER LOAN DOCUMENTS. EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 7.10.

SECTION 7.11. Severability. In the event any one or more of the provisions contained in this Agreement or in any other Loan Document should be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein and therein shall not in any way be affected or impaired thereby. The parties shall endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions.

SECTION 7.12. Counterparts. This Agreement may be executed in two or more counterparts, each of which shall constitute an original but all of which when taken together shall constitute but one contract, and shall become effective as provided in Section 7.04. Delivery of an executed counterpart to this Agreement by facsimile transmission shall be as effective as delivery of a manually signed original.

SECTION 7.13. Headings. Article and Section headings and the Table of Contents used herein are for convenience of reference only, are not part of this Agreement and are not to affect the construction of, or to be taken into consideration in interpreting, this Agreement.

SECTION 7.14. Jurisdiction; Consent to Service of Process.

(a) Each party to this Agreement hereby irrevocably and unconditionally submits, for itself and its property, to the exclusive jurisdiction of any New York State court or federal court of the United States of America sitting in New York County, and any appellate court from any thereof, in any action or proceeding arising out of or relating to this Agreement or any other Loan Documents to which it is a party, or for recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may be heard and determined in such New York State or, to the extent permitted by law, in such federal court. Each of the parties hereto agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law.

(b) Each party to this Agreement hereby irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating

 

-31-


to this Agreement or any other Loan Document in any New York State or federal court of the United States of America sitting in New York County, and any appellate court from any thereof. Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court.

(c) Each party to this Agreement irrevocably consents to service of process in the manner provided for notices in Section 7.01. Nothing in this Agreement, any other Loan Document will affect the right of any party to this Agreement to serve process in any other manner permitted by law.

SECTION 7.15. Termination or Release.

(a) Subject to any applicable terms of the First Lien Intercreditor Agreement, this Agreement, the pledges made herein, the Security Interest and all other security interests granted hereby, and all other Security Documents securing the Obligations (including without limitation foreign security documents), shall automatically terminate and/or be released all without delivery of any instrument or performance of any act by any party, and all rights to the Collateral shall revert to the applicable Pledgors, as of the date when all the Obligations (other than contingent or unliquidated obligations or liabilities not then due) have been paid in full in cash or immediately available funds and the Lenders and any other Secured Parties have no further commitment to lend under each Other First Lien Agreement and the Credit Agreement, the Revolving Facility Credit Exposure has been reduced to zero and each L/C Issuer has no further obligations to issue Letters of Credit under the Credit Agreement.

(b) A Subsidiary Party shall automatically be released from its obligations hereunder and the security interests in the Collateral of such Subsidiary Party shall be automatically released upon the consummation of any transaction permitted by the Credit Agreement and not prohibited by any Other First Lien Agreement as a result of which such Subsidiary Party ceases to be a Subsidiary or otherwise ceases to be a Pledgor, all without delivery of any instrument or performance of any act by any party, and all rights to the Collateral shall revert to such Subsidiary Party.

(c) (i) Upon any sale or other transfer by any Pledgor of any Collateral that is permitted by the Credit Agreement and not prohibited by any Other First Lien Agreement to any person that is not a Pledgor (including in connection with an Event of Loss), or (ii) upon the effectiveness of any written consent to the release of the security interest granted hereby in any Collateral pursuant to Section 9.08 of the Credit Agreement and, after the termination of the Credit Agreement and the First Lien Intercreditor Agreement, any equivalent provision of any applicable Other First Lien Agreement, the security interest in such Collateral shall be automatically released, all without delivery of any instrument or performance of any act by any party; provided, however, that, in respect of clause (ii) above, at any time that the Other First Lien Obligations constitute a majority of the outstanding Obligations, such release shall not be applicable to the Other First Lien Obligations unless and until the written consent of the Authorized Representative with respect to the Other First Lien Obligations is obtained.

 

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(d) Solely with respect to any Other First Lien Obligations, a Pledgor shall automatically be released from its obligations hereunder and/or the security interests in any Collateral shall in each case be automatically released, in each case (i) solely with respect to Initial Notes Obligations, upon the occurrence of any of the circumstances set forth in Section 11.04(a) of the Indenture or (ii) with respect to any Other First Lien Obligations, other than the Initial Notes Obligations, upon the occurrence of any of the circumstances set forth in any equivalent provision of any applicable Other First Lien Agreement governing such Other First Lien Obligations, all without delivery of any instrument or performance of any act by any party, and all rights to the Collateral shall revert to any applicable Pledgor.

(e) If any Collateral shall become subject to the release provisions set forth in Section 2.04 of the First Lien Intercreditor Agreement, the lien created hereunder on such Collateral shall be automatically released to the extent (and only to the extent) provided therein.

(f) In connection with any termination or release pursuant to paragraph (a), (b), (c), (d) or (e) of this Section 7.15, the Agent shall execute and deliver to any Pledgor, at such Pledgor’s expense, all documents that such Pledgor shall reasonably request to evidence such termination or release (including, without limitation, UCC termination statements), and will duly assign and transfer to such Pledgor, such of the Pledged Collateral that may be in the possession of the Agent and has not theretofore been sold or otherwise applied or released pursuant to this Agreement. Any execution and delivery of documents pursuant to this Section 7.15 shall be without recourse to or warranty by the Agent. In connection with any release pursuant to paragraph (a), (b), (c), (d) or (e) above, the Pledgors shall be permitted to take any action in connection therewith consistent with such release including, without limitation, the filing of UCC termination statements.

SECTION 7.16. Additional Subsidiaries. Upon execution and delivery by the Agent and any Subsidiary that is required to become a party hereto by Section 5.10 of the Credit Agreement and/or any equivalent provision of any Other First Lien Agreement of an instrument in the form of Exhibit I hereto, subject to applicable Gaming Laws, such subsidiary shall become a Subsidiary Party hereunder with the same force and effect as if originally named as a Subsidiary Party herein. The execution and delivery of any such instrument shall not require the consent of any other party to this Agreement. The rights and obligations of each party to this Agreement shall remain in full force and effect notwithstanding the addition of any new party to this Agreement.

SECTION 7.17. Right of Set-off. If an Event of Default shall have occurred and be continuing, each Lender, the Administrative Agent and each L/C Issuer is hereby authorized at any time and from time to time, to the fullest extent permitted by law, to set off and apply any and all deposits (general or special, time or demand, provisional or final) at any time held and other indebtedness at any time owing by such Lender, the Administrative Agent or such L/C Issuer to or for the credit or the account of any party to this Agreement against any of and all the obligations of such party now or hereafter existing under this Agreement owed to such Lender, the Administrative Agent or such L/C Issuer, irrespective of whether or not such Lender, the Administrative Agent or such L/C Issuer shall have made any demand under this Agreement and although such obligations may be unmatured. The rights of each Lender, the Administrative Agent and L/C Issuer under this Section 7.17 are in addition to other rights and remedies (including other rights of set-off) that such Lender, the Administrative Agent and such L/C Issuer may have.

 

-33-


SECTION 7.18. No Recourse. Notwithstanding anything to the contrary in this Agreement, no recourse shall be had, whether by levy or execution, or under any law, or by the enforcement of any assessment or penalty or otherwise, for the payment of any of the Obligations, against any Pledgor or any of the assets of any Pledgor, other than the Collateral, it being expressly understood that the sole remedies available to the Agent and the Secured Parties pursuant to this Agreement with respect to the Obligations shall be against the Collateral.

SECTION 7.19. Compliance with Gaming Laws. Notwithstanding anything to the contrary set forth in this Agreement or any other Loan Document, the Agent, on behalf of the Secured Parties, acknowledges and agrees that:

(a) the pledge of the Pledged Stock pursuant to this Agreement, and any restrictions on the transfer of and agreements not to encumber the Pledged Stock or other equity securities of any corporation that is a licensee or registered holding company under the Nevada and/or Iowa Gaming Laws, as applicable, or any limited liability company that is a registered holding company under the Nevada and/or Iowa Gaming Laws, as applicable (any such entity, a “Nevada Licensee” and/or an “Iowa Licensee,” as applicable), pursuant to this Agreement or any other Loan Document, are subject to the prior approval of the Nevada and/or Iowa Gaming Authorities, as applicable (which approvals have been obtained and are in full force and effect with respect to this Agreement as it relates to the Credit Agreement and the Obligations (other than any Other First Lien Obligations)) and this Agreement (solely as it relates to any Other First Lien Agreement or any Other First Lien Obligations) and any future amendment of this Agreement will not be effective without the prior approval of such Nevada and/or Iowa Gaming Authorities, as applicable;

(b) in the event that Agent exercises one or more of the remedies set forth in this Agreement with respect to the Pledged Stock of Nevada licensees or Iowa Licensees, including, without limitation, foreclosure or transfer of any interest therein (except back to the applicable Pledgor), the exercise of voting and consensual rights, and any other resort to or enforcement of the security interest in the Pledged Stock, such action will require the separate and prior approval of the Nevada and/or Iowa Gaming Authorities, as applicable, unless such licensing requirement is waived thereby;

(c) the Agent, and any custodial agent of Agent in the State of Nevada or in the State of Iowa, will be required to comply with the conditions, if any, imposed by the Nevada and/or Iowa Gaming Authorities, as applicable, in connection with their approval of the pledge granted hereunder, including, without limitation, requirements that the Agent or its custodial agent maintain the certificates evidencing the Pledged Stock of Nevada licensees or registered holding or intermediary companies at a location in Nevada provided to the Nevada Gaming Authorities, and that the Agent or its custodial agent permit agents or employees of the Nevada Gaming Authorities to inspect such certificates upon request during normal business hours;

 

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(d) neither the Agent nor any custodial agent of the Agent will be permitted to surrender possession of any Pledged Stock of Nevada Licensees or Iowa Licensees to any person other than the applicable Pledgor thereof without the prior approval of the Nevada or Iowa Gaming Authorities, as applicable, or as otherwise permitted by the Gaming Laws;

(e) any approval of the Nevada or Iowa Gaming Authorities of this Agreement, or any amendment hereto, does not constitute approval, either express or implied, of the Agent to take any actions provided for in this Agreement, for which separate approval by the Nevada and/or Iowa Gaming Authorities, as applicable, may be required by the Gaming Laws;

(f) the Agent, the Secured Parties and their respective successors and assigns are subject to being called forward by the Nevada and/or Iowa Gaming Authorities, as applicable, in their sole and absolute discretion, for licensing or a finding of suitability in order to remain entitled to the benefits of this Agreement and the other Loan Documents; and

(g) in the event the Agent, on behalf of the Secured Parties, exercises one or more of the remedies set forth in this Agreement with respect to Article 9 Collateral consisting of gaming devices, mobile gaming systems, cashless wagering systems and associated equipment (as those terms are defined in the Gaming Laws), including, but not limited to, the foreclosure, transfer, sale, distribution or other disposition of such Collateral, such exercise of remedies may require the separate and prior approval of the Nevada and/or Iowa Gaming Authorities, as applicable, or the licensing of the Agent pursuant to the Gaming Laws.

SECTION 7.20. Limitation on Rights and Remedies of Agent and Each Subsidiary Party. Notwithstanding anything in this Agreement to the contrary, the Agent on behalf of the Secured Parties and each Subsidiary Party agrees that they shall comply with all applicable laws and all applicable rules and regulations of the Illinois Gaming Authority, including Illinois Gaming Laws, in connection with their exercise of rights and remedies hereunder, including, without limitation, foreclosure upon any item of Article 9 Collateral consisting of Gaming Equipment (as defined in the Illinois Gaming Laws) or voting (or otherwise taking control of) any interest in the Pledged Stock. As and when required, the Agent, on behalf of the Secured Parties, shall seek and obtain all approvals, licenses and consents from the Illinois Gaming Authority required in connection with the exercise of any right or remedy prior to the exercise thereof.

SECTION 7.21. Other Gaming Matters.

(a) No security interest or rights of any kind related to possession or ownership of any “ownership interest” (as defined in the State of Missouri Rules of Department of Public Safety, 11 CSR 45-10.040) in a Missouri “gaming licensee” (as defined in the State of Missouri Rules of Department of Public Safety, 11 CSR 45-10.040) may be utilized or acted upon to allow the Agent to gain title, ownership, possession or control of such “ownership interest” or the ability to require such “ownership interest” to be transferred in any way, unless the Director of the Missouri Gaming Commission has received written notice from the Agent at least 30 days prior to the Agent so utilizing or acting upon such security interest or rights.

 

-35-


(b) For the avoidance of doubt, the provisions of Section 9.22 of the Credit Agreement shall apply to all the terms and provisions of this Agreement.

SECTION 7.22. Subject to First Lien Intercreditor Agreement. Notwithstanding anything herein to the contrary, (i) the liens and security interests granted to the Agent pursuant to this Agreement are expressly subject to the First Lien Intercreditor Agreement and (ii) the exercise of any right or remedy by the Agent hereunder is subject to the limitations and provisions of the First Lien Intercreditor Agreement. In the event of any conflict between the terms of the First Lien Intercreditor Agreement and the terms of this Agreement, the terms of the First Lien Intercreditor Agreement shall govern.

SECTION 7.23. Other First Lien Obligations. On or after the date hereof and so long as such obligations are permitted to be incurred under the Credit Agreement and are not prohibited by any Other First Lien Agreement then in effect, the Borrower may from time to time designate obligations in respect of Indebtedness to be secured on a pari passu basis with the Obligations as Other First Lien Obligations hereunder by delivering to the Agent and each Authorized Representative (a) a certificate signed by a Responsible Officer of the Borrower (i) identifying the obligations so designated and the initial aggregate principal amount or face amount thereof, (ii) stating that such obligations are designated as Other First Lien Obligations for purposes hereof, (iii) representing that such designation of such obligations as Other First Lien Obligations complies with the terms of the Credit Agreement and are not prohibited by any Other First Lien Agreement then in effect and (iv) specifying the name and address of the Authorized Representative for such obligations and (b) a fully executed Other First Lien Secured Party Consent (in the form attached as Exhibit IV). The Agent and each Authorized Representative agree that upon the satisfaction of all conditions set forth in the preceding sentence, the Agent shall act as agent under and subject to the terms of the Security Documents for the benefit of all Secured Parties, including without limitation, any Secured Parties that hold any such Other First Lien Obligations, and the Agent and each Authorized Representative agree to the appointment, and acceptance of the appointment, of the Agent as agent for the holders of such Other First Lien Obligations as set forth in each Other First Lien Secured Party Consent and agree, on behalf of itself and each Secured Party it represents, to be bound by this Agreement and the First Lien Intercreditor Agreement.

SECTION 7.24. Application of Gaming Laws. This Agreement and the Other First Lien Agreements are subject to Gaming Laws. Without limiting the foregoing, the Secured Parties acknowledge that (i) they are subject to the jurisdiction of the Gaming Authorities and Liquor Authorities, in their discretion, for licensing, qualification or findings of suitability or to file or provide other information, and (ii) all rights, remedies and powers in or under this Agreement and the Other First Lien Agreements, including with respect to the Collateral, the Mortgaged Properties and the ownership and operation of facilities may be subject to the jurisdiction of the Gaming Authorities and Liquor Authorities, and may be exercised only to the extent that the exercise thereof does not violate any applicable provisions of the Gaming Laws and Liquor Laws and only to the extent that required approvals, if any, (including prior approvals) are obtained from the relevant Gaming Authorities and Liquor Authorities.

 

-36-


SECTION 7.25. Vessels and Admiralty Related Matters. Notwithstanding anything set forth in this Agreement, the Indenture, the Mortgages, the Ship Mortgages or any Other First Lien Agreement, the Agent and the other Secured Parties acknowledge the uncertain nature in which a security interest may be taken in any Vessel or any improvements to Real Property or related assets which are used in connection with any dockside, riverboat, or water-based venue that are intended to be Collateral hereunder (collectively, “Vessel Related Collateral”) and in the enforceability of any security interest in Vessel Related Collateral under the Ship Mortgage Act, the real property laws of any applicable jurisdiction, the Uniform Commercial Code, any and all applicable case law and any other applicable laws (the “Vessel Applicable Laws”). In order to grant the Agent a lien for the benefit of the Secured Parties in all Vessel Related Collateral to the fullest extent permitted by applicable law, the Borrower and the other Pledgors have agreed to grant liens and security interests in the Vessel Related Collateral to the Agent for the benefit of the Secured Parties under various types of Security Documents, including the Mortgages, this Agreement and the Ship Mortgages, notwithstanding such uncertainty. Accordingly, the Agent and the other Secured Parties acknowledge and agree that, notwithstanding any representations, warranties, covenants, further assurances, events of default or any other provisions of this Agreement, the Indenture, the Mortgages, the Ship Mortgages or any Other First Lien Agreement, any Other First Lien Agreement that is unenforceable with respect to any Vessel Related Collateral, any obligation relating to the creation or perfection of a lien or security interest that is not satisfied with respect to Vessel Related Collateral, or any failure of any Vessel Related Collateral to be secured by a lien or security interest under any Loan Document, in each case solely as a result of Vessel Applicable Laws relating to the nature or circumstances in which a security interest may be taken in any Vessel Related Collateral and the enforceability thereof (or the failure of the Borrower or any other Pledgors to take any action that is not possible under such Vessel Applicable Laws) shall not result in a breach of any such representations, warranties, covenants or further assurances or result in any Event of Default.

[Signature Pages Follow]

 

-37-


IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement as of the day and year first above written.

 

HARRAH’S OPERATING COMPANY, INC.
By:  

 

Name:  
Title:  

 

-38-


[NAMES OF SUBSIDIARY PARTIES]
By:  

 

Name:  
Title:  

 

-39-


BANK OF AMERICA, N.A., as Collateral Agent
By:  

 

Name:  
Title:  

 

-40-


Schedule I

to the Collateral Agreement

Subsidiary Parties

 

Legal Name

   Type Of
Entity
   State of Formation

California Clearing Corporation

   CORP.    California

Harrah South Shore Corporation

   CORP.    California

Bally’s Midwest Casino, Inc.

   CORP.    Delaware

Bally’s Operator, Inc.

   CORP.    Delaware

Caesars Palace Corporation

   CORP.    Delaware

Harrah’s International Holding Company, Inc.

   CORP.    Delaware

Caesars Trex, Inc.

   CORP.    Delaware

Sheraton Tunica Corporation

   CORP.    Delaware

AJP Holdings, LLC

   LLC    Delaware

AJP Parent, LLC

   LLC    Delaware

Biloxi Hammond, LLC

   LLC    Delaware

Biloxi Village Walk Development, LLC

   LLC    Delaware

Chester Facility Holding Company, LLC

   LLC    Delaware

Harrah’s Chester Downs Investment Company, LLC

   LLC    Delaware

Harrah’s Maryland Heights LLC

   LLC    Delaware

Harrah’s MH Project, LLC

   LLC    Delaware

Harrah’s Operating Company Memphis, LLC

   LLC    Delaware

Harrah’s Shreveport/Bossier City Holding Company, LLC

   LLC    Delaware

Harrah’s Shreveport/Bossier City Investment Company, LLC

   LLC    Delaware

Harrah’s Sumner Investment Company, LLC

   LLC    Delaware

Harrah’s Sumner Management Company, LLC

   LLC    Delaware

Harrah’s West Warwick Gaming Company, LLC

   LLC    Delaware

Horseshoe Gaming Holding, LLC

   LLC    Delaware

JCC Holding Company II LLC

   LLC    Delaware

Koval Holdings Company, LLC

   LLC    Delaware

Reno Crossroads LLC

   LLC    Delaware

Showboat Atlantic City Mezz 1, LLC

   LLC    Delaware

Showboat Atlantic City Mezz 2, LLC

   LLC    Delaware

Showboat Atlantic City Mezz 3, LLC

   LLC    Delaware

Showboat Atlantic City Mezz 4, LLC

   LLC    Delaware

Showboat Atlantic City Mezz 5, LLC

   LLC    Delaware

Showboat Atlantic City Mezz 6, LLC

   LLC    Delaware

 

Sch. I - 1


Legal Name

   Type Of
Entity
   State of Formation

Showboat Atlantic City Mezz 7, LLC

   LLC    Delaware

Showboat Atlantic City Mezz 8, LLC

   LLC    Delaware

Showboat Atlantic City Mezz 9, LLC

   LLC    Delaware

Showboat Atlantic City Propco, LLC

   LLC    Delaware

Tahoe Garage Propco, LLC

   LLC    Delaware

Village Walk Construction, LLC

   LLC    Delaware

Winnick Parent, LLC

   LLC    Delaware

Winnick Holdings, LLC

   LLC    Delaware

Bally’s Olympia Limited Partnership

   LP    Delaware

Caesars World, Inc.

   CORP.    Florida

Southern Illinois Riverboat/Casino Cruises, Inc.

   CORP.    Illinois

Casino Computer Programming, Inc.

   CORP.    Indiana

Roman Entertainment Corporation of Indiana

   CORP.    Indiana

Roman Holding Corporation of Indiana

   CORP.    Indiana

Caesars Riverboat Casino, LLC

   LLC    Indiana

Horseshoe Hammond, LLC

   LLC    Indiana

Players Bluegrass Downs, Inc.

   CORP.    Kentucky

Harrah’s Bossier City Investment Company, L.L.C.

   LLC    Louisiana

Horseshoe Shreveport, L.L.C.

   LLC    Louisiana

Jazz Casino Company, L.L.C.

   LLC    Louisiana

JCC Fulton Development, L.L.C.

   LLC    Louisiana

Players Riverboat II, LLC

   LLC    Louisiana

Horseshoe Entertainment

   LP    Louisiana

BL Development Corp.

   CORP.    Minnesota

GCA Acquisition Subsidiary, Inc.

   CORP.    Minnesota

Grand Casinos, Inc.

   CORP.    Minnesota

Grand Media Buying, Inc.

   CORP.    Minnesota

Grand Casinos of Biloxi, LLC

   LLC    Minnesota

Bally’s Tunica, Inc.

   CORP.    Mississippi

East Beach Development Corporation

   CORP.    Mississippi

Robinson Property Group Corp.

   CORP.    Mississippi

Grand Casinos of Mississippi, LLC—Gulfport

   LLC    Mississippi

Harrah’s North Kansas City LLC

   LLC    Missouri

B I Gaming Corporation

   CORP.    Nevada

Benco, Inc.

   CORP.    Nevada

Caesars Entertainment Akwesasne Consulting Corp.

   CORP.    Nevada

Caesars Entertainment Canada Holding, Inc.

   CORP.    Nevada

 

Sch. I - 2


Legal Name

   Type Of
Entity
   State of Formation

Caesars Entertainment Finance Corp.

   CORP.    Nevada

Caesars Entertainment Golf, Inc.

   CORP.    Nevada

Caesars Entertainment Retail, Inc.

   CORP.    Nevada

Caesars Palace Realty Corp.

   CORP.    Nevada

Caesars Palace Sports Promotions, Inc.

   CORP.    Nevada

Caesars United Kingdom, Inc.

   CORP.    Nevada

Caesars World Merchandising, Inc.

   CORP.    Nevada

CEI-Sullivan County Development Company

   CORP.    Nevada

Consolidated Supplies, Services and Systems

   CORP.    Nevada

Desert Palace, Inc.

   CORP.    Nevada

Dusty Corporation

   CORP.    Nevada

FHR Corporation

   CORP.    Nevada

Flamingo-Laughlin, Inc.

   CORP.    Nevada

Harrah’s Alabama Corporation

   CORP.    Nevada

Harrah’s Arizona Corporation

   CORP.    Nevada

Harrah’s Illinois Corporation

   CORP.    Nevada

Harrah’s Imperial Palace Corp.

   CORP.    Nevada

Harrah’s Interactive Investment Company

   CORP.    Nevada

Harrah’s Investments, Inc.

   CORP.    Nevada

Harrah’s Kansas Casino Corporation

   CORP.    Nevada

Harrah’s Management Company

   CORP.    Nevada

Harrah’s Marketing Services Corporation

   CORP.    Nevada

Harrah’s Maryland Heights Operating Company

   CORP.    Nevada

Harrah’s New Orleans Management Company

   CORP.    Nevada

Harrah’s Pittsburgh Management Company

   CORP.    Nevada

Harrah’s Reno Holding Company, Inc.

   CORP.    Nevada

Harrah’s Southwest Michigan Casino Corporation

   CORP.    Nevada

Harrah’s Travel, Inc.

   CORP    Nevada

Harrah’s Tunica Corporation

   CORP.    Nevada

Harrah’s Vicksburg Corporation

   CORP.    Nevada

Harveys BR Management Company, Inc.

   CORP.    Nevada

Harveys C.C. Management Company, Inc.

   CORP.    Nevada

Harveys Iowa Management Company, Inc.

   CORP.    Nevada

Harveys Tahoe Management Company, Inc.

   CORP.    Nevada

HBR Realty Company, Inc.

   CORP.    Nevada

HCR Services Company, Inc.

   CORP.    Nevada

HEI Holding Company One, Inc.

   CORP.    Nevada

 

Sch. I - 3


Legal Name

   Type Of
Entity
   State of Formation

HEI Holding Company Two, Inc.

   CORP.    Nevada

HTM Holding, Inc.

   CORP.    Nevada

Las Vegas Resort Development, Inc.

   CORP.    Nevada

LVH Corporation

   CORP.    Nevada

Parball Corporation

   CORP.    Nevada

Players Development, Inc.

   CORP.    Nevada

Players Resources, Inc.

   CORP.    Nevada

Reno Projects, Inc.

   CORP.    Nevada

Rio Development Company, Inc.

   CORP.    Nevada

Showboat Holding, Inc.

   CORP.    Nevada

Tele/Info, Inc.

   CORP.    Nevada

Trigger Real Estate Corporation

   CORP.    Nevada

190 Flamingo, LLC

   LLC    Nevada

Caesars India Sponsor Company, LLC

   LLC    Nevada

Caesars Entertainment Development, LLC

   LLC    Nevada

Corner Investment Company, LLC

   LLC    Nevada

DCH Exchange, LLC

   LLC    Nevada

DCH Lender, LLC

   LLC    Nevada

Durante Holdings, LLC

   LLC    Nevada

Harrah’s Bossier City Management Company, LLC, a Nevada Limited Liability Company

   LLC    Nevada

Harrah’s Chester Downs Management Company, LLC

   LLC    Nevada

Harrah’s License Company, LLC

   LLC    Nevada

Harrah’s Shreveport Investment Company, LLC

   LLC    Nevada

Harrah’s Shreveport Management Company, LLC

   LLC    Nevada

H-BAY, LLC

   LLC    Nevada

HCAL, LLC

   LLC    Nevada

HHLV Management Company, LLC

   LLC    Nevada

Hole in the Wall, LLC

   LLC    Nevada

Horseshoe GP, LLC

   LLC    Nevada

Koval Investment Company, LLC

   LLC    Nevada

Las Vegas Golf Management, LLC

   LLC    Nevada

Nevada Marketing, LLC

   LLC    Nevada

Players Holding, LLC

   LLC    Nevada

Players International, LLC

   LLC    Nevada

Players LC, LLC

   LLC    Nevada

Players Maryland Heights Nevada, LLC

   LLC    Nevada

 

Sch. I - 4


Legal Name

   Type Of
Entity
   State of Formation

Players Riverboat Management, LLC

   LLC    Nevada

Players Riverboat, LLC

   LLC    Nevada

Roman Empire Development, LLC

   LLC    Nevada

TRB Flamingo, LLC

   LLC    Nevada

New Gaming Capital Partnership, a Nevada Limited Partnership

   LP    Nevada

Bally’s Park Place, Inc.

   CORP.    New Jersey

Boardwalk Regency Corporation

   CORP.    New Jersey

Caesars New Jersey, Inc.

   CORP.    New Jersey

Caesars World Marketing Corporation

   CORP.    New Jersey

GNOC, Corp.

   CORP.    New Jersey

Martial Development Corp.

   CORP.    New Jersey

Ocean Showboat, Inc.

   CORP.    New Jersey

Players Services, Inc.

   CORP.    New Jersey

Atlantic City Country Club 1 LLC

   LLC    New Jersey

Showboat Atlantic City Operating Company, LLC

   LLC    New Jersey

Harrah’s NC Casino Company, LLC

   LLC    North Carolina

 

Sch. I - 5


Schedule II

to the Collateral Agreement

Commercial Tort Claims

None.


Schedule III

to the Collateral Agreement

Pledged Stock; Debt Securities1

a) (i) Pledged Equity Interest (New Jersey and Nevada licensees)

 

Record Owner

  

Current Legal Entities Owned

   Jurisdiction    % of
Ownership
    % Pledged  
Harrah’s Entertainment, Inc.    Harrah’s Operating Company, Inc.    Delaware    100 %   100 %
Harrah’s Operating Company, Inc.    Parball Corporation    Nevada    100 %   100 %
   Consolidated Supplies, Services and Systems    Nevada    100 %   100 %
   Harrah’s Imperial Palace Corp.    Nevada    100 %   100 %
   Corner Investment Company, LLC    Nevada    100 %   100 %
   HTM Holding, Inc.    Nevada    100 %   100 %
   Caesars World, Inc.    Florida    100 %   100 %
   Bally’s Park Place, Inc.    New Jersey    100 %   100 %
Caesars World, Inc.    Caesars Palace Corporation    Delaware    100 %   100 %
Caesars Palace Corporation    Desert Palace, Inc.    Nevada    100 %   100 %
Desert Palace, Inc.    Tele/Info, Inc.    Nevada    100 %   100 %
Caesars New Jersey, Inc.    Boardwalk Regency Corporation    New Jersey    100 %   100 %
Harveys Tahoe Management Company, Inc.    Harrah South Shore Corporation    California    100 %   100 %
HTM Holding, Inc.    Harveys Tahoe Management Company, Inc.    Nevada    100 %   100 %

a) (ii) Pledged Equity Interest (Others)

 

Record Owner

  

Current Legal Entities Owned

   Jurisdiction    % of
Ownership
    % Pledged  
Harrah’s Operating Company, Inc.    190 Flamingo, LLC    Nevada    100 %   100 %
   AJP Parent, LLC    Delaware    100 %   100 %
   DCH Exchange, LLC    Nevada    100 %   100 %
   Dusty Corporation    Nevada    100 %   100 %
   Chester Facility Holding Company, LLC    Delaware    100 %   100 %
   East Beach Development Corporation    Mississippi    100 %   100 %
   Harrah’s Alabama Corporation    Nevada    100 %   100 %
   Harrah’s Arizona Corporation    Nevada    100 %   100 %
   H-BAY, LLC    Nevada    100 %   100 %

 

1

Entities denoted by a * are not wholly-owned by Harrah’s.

 

Sch. III - 1


Record Owner

 

Current Legal Entities Owned

  

Jurisdiction

   % of
Ownership
    % Pledged  
  Harrah’s Bossier City Management Company, LLC, a Nevada Limited Liability Company    Nevada    100 %   100 %
  HCAL, LLC    Nevada    100 %   100 %
  Harrah’s Chester Downs Investment Company, LLC    Delaware    100 %   0 %
  Harrah’s Chester Downs Management Company, LLC    Nevada    100 %   100 %
  Harrah’s Illinois Corporation    Nevada    100 %   100 %
  Harrah’s Interactive Investment Company    Nevada    100 %   100 %
  Harrah’s Investments, Inc.    Nevada    100 %   100 %
  Harrah’s Kansas Casino Corporation    Nevada    100 %   100 %
  Harrah’s License Company, LLC    Nevada    100 %   100 %
  Harrah’s Management Company    Nevada    100 %   100 %
  Harrah’s Marketing Services Corporation    Nevada    100 %   100 %
  Harrah’s Maryland Heights LLC    Delaware    54.45 %   100 %
  Harrah’s Maryland Heights Operating Company    Nevada    100 %   100 %
  Harrah’s MH Project, LLC    Delaware    100 %   100 %
  Harrah’s NC Casino Company, LLC    North Carolina    99 %   100 %
  Harrah’s New Orleans Management Company    Nevada    100 %   100 %
  Harrah’s North Kansas City LLC    Missouri    100 %   100 %
  Harrah’s Operating Company Memphis, LLC    Delaware    100 %   100 %
  Harrah’s Pittsburgh Management Company    Nevada    100 %   100 %
  Harrah’s Reno Holding Company, Inc.    Nevada    100 %   100 %
  Harrah’s Shreveport/Bossier City Holding Company, LLC    Delaware    100 %   100 %
  Harrah’s Shreveport Management Company, LLC    Nevada    100 %   100 %
  Harrah’s Shreveport Investment Company, LLC    Nevada    100 %   100 %
  Harrah’s Southwest Michigan Casino Corporation    Nevada    100 %   100 %
  Harrah’s Sumner Investment Company, LLC    Delaware    100 %   100 %
  Harrah’s Sumner Management Company, LLC    Delaware    100 %   100 %
  Harrah’s Travel, Inc.    Nevada    100 %   100 %
  Harrah’s Tunica Corporation    Nevada    100 %   100 %

 

Sch. III - 2


Record Owner

  

Current Legal Entities Owned

  

Jurisdiction

   % of
Ownership
    % Pledged  
   Harrah’s Vicksburg Corporation    Nevada    100 %   100 %
   Harrah’s West Warwick Gaming Company, LLC    Delaware    100 %   100 %
   HHLV Management Company, LLC    Nevada    100 %   100 %
   Hole in the Wall, LLC    Nevada    100 %   100 %
   JCC Holding Company II LLC    Delaware    100 %   100 %
   Koval Holdings Company, LLC    Delaware    100 %   100 %
   Las Vegas Golf Management, LLC    Nevada    100 %   100 %
   Nevada Marketing, LLC    Nevada    100 %   100 %
   Reno Crossroads LLC    Delaware    100 %   100 %
   Rio Development Company, Inc.    Nevada    100 %   100 %
   Roman Empire Development, LLC    Nevada    100 %   100 %
   TRB Flamingo, LLC    Nevada    100 %   100 %
   Trigger Real Estate Corporation    Nevada    100 %   100 %
   Winnick Parent, LLC    Delaware    100 %   100 %
   Players International, LLC    Nevada    100 %   100 %
   Harveys BR Management Company, Inc.    Nevada    100 %   100 %
   Harveys C.C. Management Company, Inc.    Nevada    100 %   100 %
   Harveys Iowa Management Company, Inc.    Nevada    100 %   100 %
   HBR Realty Company, Inc.    Nevada    100 %   100 %
   HCR Services Company, Inc.    Nevada    100 %   100 %
   Reno Projects, Inc.    Nevada    100 %   100 %
   Horseshoe Gaming Holding, LLC    Delaware    100 %   100 %
   Bally’s Midwest Casino, Inc.    Delaware    100 %   100 %
   Benco, Inc.    Nevada    100 %   100 %
   Caesars Entertainment Akwesasne Consulting Corp.    Nevada    100 %   100 %
   Caesars Entertainment Canada Holding, Inc.    Nevada    100 %   100 %
   Park Place Entertainment Scotia Finance Limited Partnership    New Brunswick    99 %   65 %
   Caesars Entertainment Finance Corp.    Nevada    100 %   100 %
   Caesars Entertainment Golf, Inc.    Nevada    100 %   100 %
   Caesars Entertainment Retail, Inc.    Nevada    100 %   100 %
   CEI-Sullivan County Development Company    Nevada    100 %   100 %
   Grand Casinos, Inc.    Minnesota    100 %   100 %
   Park Place Entertainment Scotia Limited    Canada    100 %   65 %

 

Sch. III - 3


Record Owner

  

Current Legal Entities Owned

  

Jurisdiction

   % of
Ownership
    % Pledged  
   Sheraton Tunica Corporation    Delaware    100 %   100 %
   Harrah’s International Holding Company, Inc.    Delaware    100 %   100 %
   VLO Development Corporation    British Virgin Islands    100 %   65 %
   VFC Development Corporation    British Virgin Islands    100 %   65 %
   Showboat Holding, Inc.    Nevada    100 %   100 %
   Caesars Entertainment Development, LLC    Nevada    100 %   100 %
   DCH Lender, LLC    Nevada    100 %   100 %
   Caesars Trex, Inc.    Delaware    100 %   100 %
   HIE Holdings Topco, Inc.    Delaware    100 %   100 %
   Harrah’s Operating Escrow LLC    Delaware    100 %   100 %
AJP Parent, LLC    AJP Holdings, LLC    Delaware    100 %   100 %
Harrah’s Illinois Corporation    Des Plaines Development Limited Partnership*    Delaware    80 %   100 %
Harrah’s Shreveport Investment Company, LLC    Harrah’s Shreveport/Bossier City Investment Company, LLC    Delaware    84.3 %   100 %
Harrah’s Shreveport/Bossier City Investment Company, LLC    Harrah’s Bossier City Investment Company, L.L.C.    Louisiana    100 %   100 %
JCC Holding Company II LLC    Jazz Casino Company, L.L.C.    Louisiana    100 %   100 %
   JCC Fulton Development, L.L.C.    Louisiana    100 %   100 %
Koval Holdings Company, LLC    Koval Investment Company, LLC    Nevada    100 %   100 %
Winnick Parent, LLC    Winnick Holdings, LLC    Delaware    100 %   100 %
   Las Vegas Resort Development, Inc.    Nevada    100 %   100 %
Players International, LLC    Players Development, Inc.    Nevada    100 %   100 %
   Players Holding, LLC    Nevada    100 %   100 %
   Players Resources, Inc.    Nevada    100 %   100 %
   Players Services, Inc.    New Jersey    100 %   100 %
Players Holding, LLC    Players Bluegrass Downs, Inc.    Kentucky    100 %   100 %
   Players LC, LLC    Nevada    100 %   100 %
   Players Maryland Heights Nevada, LLC    Nevada    100 %   100 %
   Players Riverboat, LLC    Nevada    100 %   100 %
   Players Riverboat Management, LLC    Nevada    100 %   100 %
   Southern Illinois Riverboat/Casino Cruises, Inc.    Illinois    100 %   100 %
Players Riverboat, LLC    Players Riverboat II, LLC    Louisiana    99 %   100 %
Horseshoe Gaming Holding, LLC    Casino Computer Programming, Inc.    Indiana    100 %   100 %
   Horseshoe GP, LLC    Nevada    100 %   100 %

 

Sch. III - 4


Record Owner

  

Current Legal Entities Owned

  

Jurisdiction

   % of
Ownership
    % Pledged  
   Horseshoe Hammond, LLC    Indiana    100 %   100 %
   Horseshoe Shreveport, L.L.C.    Louisiana    100 %   100 %
   New Gaming Capital Partnership, a Nevada Limited Partnership    Nevada    99 %   100 %
   Robinson Property Group Corp.    Mississippi    99 %   100 %
New Gaming Capital Partnership, a Nevada Limited Partnership    Horseshoe Entertainment    Louisiana    91.92 %   100 %
Bally’s Midwest Casino, Inc.    Bally’s Operator, Inc.    Delaware    100 %   100 %
   Bally’s Tunica, Inc.    Mississippi    100 %   100 %
Bally’s Tunica, Inc.    Bally’s Olympia Limited Partnership    Delaware    88 %   100 %
Bally’s Park Place, Inc.    Atlantic City Country Club 1, LLC    New Jersey    100 %   100 %
   GNOC, Corp.    New Jersey    100 %   100 %
Caesars World, Inc.    Caesars New Jersey, Inc.    New Jersey    100 %   100 %
   Caesars United Kingdom, Inc.    Nevada    100 %   100 %
   Caesars World Marketing Corporation    New Jersey    100 %   100 %
   Caesars World Merchandising, Inc.    Nevada    100 %   100 %
   Roman Entertainment Corporation of Indiana    Indiana    100 %   100 %
   Roman Holding Corporation of Indiana    Indiana    100 %   100 %
   Caesars Entertainment Windsor Holding, Inc.    Canada    100 %   65 %
Caesars New Jersey, Inc.    Martial Development Corp.    New Jersey    100 %   100 %
Caesars Palace Corporation    Caesars Palace Realty Corp.    Nevada    100 %   100 %
Desert Palace, Inc.    Caesars Palace Sports Promotions, Inc.    Nevada    100 %   100 %
   California Clearing Corporation    California    100 %   100 %
California Clearing Corporation    Caesars India Sponsor Company, LLC    Nevada    100 %   100 %
Caesars United Kingdom, Inc.    Caesars Entertainment, (U.K.) Ltd.    United Kingdom    100 %   65 %
Caesars World Marketing Corporation    Caesars World International Corporation PTE, Ltd.    Singapore    100 %   65 %
   Caesars World International Far East Limited    Hong Kong    100 %   65 %
Roman Holding Corporation of Indiana    Caesars Riverboat Casino, LLC    Indiana    82 %   100 %
Grand Casinos, Inc.    BL Development Corp.    Minnesota    100 %   100 %
   GCA Acquisition Subsidiary, Inc.    Minnesota    100 %   100 %
   Grand Casinos of Biloxi, LLC    Minnesota    100 %   100 %
   Grand Casinos of Mississippi, LLC - Gulfport    Mississippi    100 %   100 %
   Grand Media Buying, Inc.    Minnesota    100 %   100 %
Grand Casinos of Biloxi, LLC    Biloxi Village Walk Development, LLC    Delaware    100 %   100 %

 

Sch. III - 5


Record Owner

  

Current Legal Entities Owned

  

Jurisdiction

   % of
Ownership
    % Pledged  
   Village Walk Construction, LLC    Delaware    100 %   100 %
   Biloxi Hammond, LLC    Delaware    100 %   100 %
Parball Corporation    FHR Corporation    Nevada    100 %   100 %
   Flamingo-Laughlin, Inc.    Nevada    100 %   100 %
   LVH Corporation    Nevada    100 %   100 %
Harrah’s International Holding Company, Inc.    Harrah’s Entertainment Limited    England    100 %   65 %
   B I Gaming Corporation    Nevada    100 %   100 %
   Baluma Holdings S.A.    Bahamas    77.28 %   65 %
B I Gaming Corporation    HEI Holding Company One, Inc.    Nevada    100 %   100 %
   HEI Holding Company Two, Inc.    Nevada    100 %   100 %
HEI Holding Company Two, Inc.    Harrah’s International C.V.    Netherlands    99 %   65 %
Showboat Atlantic City Mezz 2, LLC    Showboat Atlantic City Mezz 1, LLC    Delaware    100 %   100 %
Showboat Atlantic City Mezz 3, LLC    Showboat Atlantic City Mezz 2, LLC    Delaware    100 %   100 %
Showboat Atlantic City Mezz 4, LLC    Showboat Atlantic City Mezz 3, LLC    Delaware    100 %   100 %
Showboat Atlantic City Mezz 5, LLC    Showboat Atlantic City Mezz 4, LLC    Delaware    100 %   100 %
Showboat Atlantic City Mezz 6, LLC    Showboat Atlantic City Mezz 5, LLC    Delaware    100 %   100 %
Showboat Atlantic City Mezz 7, LLC    Showboat Atlantic City Mezz 6, LLC    Delaware    100 %   100 %
Showboat Atlantic City Mezz 8, LLC    Showboat Atlantic City Mezz 7, LLC    Delaware    100 %   100 %
Showboat Atlantic City Mezz 9, LLC    Showboat Atlantic City Mezz 8, LLC    Delaware    100 %   100 %
Ocean Showboat, Inc.    Showboat Atlantic City Mezz 9, LLC    Delaware    100 %   100 %
Showboat Atlantic City Mezz 1, LLC    Showboat Atlantic City Propco, LLC    Delaware    100 %   100 %
Harveys Tahoe Management Company, Inc.    Tahoe Garage Propco, LLC    Delaware    100 %   100 %
AJP Holdings, LLC    Durante Holdings, LLC    Nevada    100 %   100 %
Showboat Holding, Inc.    Ocean Showboat, Inc.    New Jersey    100 %   100 %
Ocean Showboat, Inc.    Showboat Atlantic City Operating Company, LLC    New Jersey    100 %   100 %
Harrah’s Chester Downs Investment Company, LLC    Chester Downs and Marina LLC*    Pennsylvania    66.66 %   0 %
Harrah’s Operating Escrow LLC    Harrah’s Escrow Corporation    Delaware    100 %   100 %

 

Sch. III - 6


a) (iii) Other Equity Interests

 

Record Owner

  

Current Legal Entities Owned

   % of
Ownership
 

Boardwalk Regency Corporation

   Atlantic City Express Service, LLC*    33.33 %

Caesars World, Inc.

   Windsor Casino Supplies Limited*    50 %

Dusty Corporation

   Turfway Park, LLC*    50 %

Southern Illinois Riverboat/Casino Cruises, Inc.

   Metropolis IL 1292 LP*    12.5 %

B I Gaming Corporation

   Baluma Holdings S.A.    11.47 %
   Baluma S.A.    0.11 %

Harrah’s Maryland Heights Operating Company

   Harrah’s Maryland Heights LLC    0.55 %

Players Maryland Heights Nevada, LLC

   Harrah’s Maryland Heights LLC    45 %

Harrah’s Management Company

   Harrah’s NC Casino Company, LLC    1 %

Harrah’s Shreveport/Bossier City Holding Company, LLC

   Harrah’s Shreveport/Bossier City Investment Company, LLC    9.8 %

Harrah’s Shreveport Management Company

   Harrah’s Shreveport/Bossier City Investment Company, LLC    0.9 %

Harrah’s New Orleans Management Company

   Harrah’s Shreveport/Bossier City Investment Company, LLC    5 %

Players Riverboat Management, LLC

   Players Riverboat II, LLC    1 %

Horseshoe GP, LLC

   New Gaming Capital Partnership, a Nevada Limited Partnership    1 %
   Robinson Property Group Corp.    1 %

Horseshoe Gaming Holding, LLC

   Horseshoe Entertainment    8.08 %

Bally’s Midwest Casino, Inc.

   Bally’s Olympia Limited Partnership    11 %

Bally’s Operator, Inc.

   Bally’s Olympia Limited Partnership    1 %

Harrah’s Operating Company, Inc.

   Caesars Riverboat Casino, LLC    18 %

HEI Holding Company One, Inc.

   Harrah’s International C.V.    1 %

Caesars Entertainment Canada Holding, Inc.

   Park Place Entertainment Scotia Finance Limited Partnership    1 %

Harrah’s Operating Company, Inc.

   Caesars Bahamas Management Corporation    50 %

HEI Holding Company One, Inc.

   Caesars Bahamas Management Corporation    50 %

b) Pledged Debt Securities

Global Intercompany Note

 

Sch. III - 7


Schedule IV

to the Collateral Agreement

Intellectual Property

Patents and Trademarks

See Attached.

Copyrights

See Attached.

 

Sch. IV - 1


I. Patent Registration and Applications

Intellectual Property

I. Patents

U.S. Patent Registrations and Applications:

 

Owner

  

Title

  

Application Number

  

Patent Number

Harrah’s Operating Company, Inc.    Bet Tracking System For Gaming Tables       5,613,912
Harrah’s Operating Company, Inc.    National Customer Recognition System And Method       5,761,647
Harrah’s Operating Company, Inc.    Bet Guarantee System       5,766,075
Harrah’s Operating Company, Inc.    System For The Tracking And Management Of Transactions In A Pit Area Of A Gaming Establishment       5,809,482
Harrah’s Operating Company, Inc.    Cabinet For Gaming Machine       D422162
Harrah’s Operating Company, Inc.    Resource Price Management Incorporating Indirect Value       6,993,494
Harrah’s Operating Company, Inc.    Automated Service Scheduling System       6,962,531
Harrah’s Operating Company, Inc.    Wheel Of Fortune Poker Game Apparatus And Method       5,188,363
Harrah’s Operating Company, Inc.    Electronic Gaming Apparatus And Method       5,393,057
Harrah’s Operating Company, Inc.    Casino Entertainment System       5,259,613
Harrah’s Operating Company, Inc.    Apparatus And Method For Playing An Electronic Poker Game       5,332,219
Harrah’s Operating Company, Inc.    Party Tray       D393981
Harrah’s Operating Company, Inc.    Customer Valuation In A Resource Price Manager       7,212,978
Harrah’s Operating Company, Inc.    Self-Verifying Gaming Voucher Having Secondary Machine Readable Indicia       7,118,478
Harrah’s Operating Company, Inc.    Universal Comp Bank And Regional Servers for Use In Multi-Property Casino Enterprise       7,329,185
Harrah’s Operating Company, Inc.    Unified Player Rewards       7,410,422
Harrah’s Operating Company, Inc.    National Customer Recognition System And Method       7,419,427
Harrah’s Operating Company, Inc.    Player Tracking And Rewards Card       D486515
Harrah’s Operating Company, Inc    Player Tracking And Rewards Card       D485860
Harrah’s Operating Company, Inc    Player Tracking And Rewards Card       D485861
Harrah’s Operating Company, Inc    Player Tracking And Rewards Card       D485862
Harrah’s Operating Company, Inc    Player Tracking And Rewards Card       D486179
Harrah’s Operating Company, Inc.    Automated Service Scheduling System Based On Customer Value    09/782,677   
Harrah’s Operating Company, Inc.    Progressive Promotional Marketing System    10/641,512   
Harrah’s Operating Co., Inc.    Real-Time Marketing At Gaming Machines    11/426,867   
Harrah’s Operating Company, Inc.    Universal Comp Bank and Regional Servers for Use in Multi-Property Casino Enterprise    12/018,124   
Caesars World, Inc.    Combined Cashless/Cash Gaming Machine       5,919,091


I. Patent Registration and Applications

 

International Patent Applications:

 

Owner

  

Country

  

Title

  

Application Number

Harrah’s Operating Company, Inc.    Australia    Multi-Property Enterprise Promotions    523730
Harrah’s Operating Company, Inc.    Australia    Real-Time Marketing At Gaming Machines    2006202760
Harrah’s Operating Company, Inc.    Canada    Resource Price Management Incorporating Indirect Value    2350885
Harrah’s Operating Company, Inc.    Canada    Unified Player Rewards    2529156
Harrah’s Operating Company, Inc.    Canada    Real-Time Marketing At Gaming Machines    2550907
Harrah’s Operating Company, Inc.    Canada    Progressive Promotional Marketing System    2535736
Harrah’s Operating Company, Inc.    China    National Customer Recognition System And Method    971966982
Harrah’s Operating Company, Inc.    European Union    Unified Player Rewards    47765706

 

2


II. Trademark Registration and Applications

II. Trademark

U.S. Trademark Registrations and Applications:1

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    Indiana    It Pays to Play          2000-0455    8/28/2000    Registered
Caesars World, Inc.    Louisiana    Caesar’s Palace             7/30/2001    Registered
Caesars World, Inc.    Nevada    Caesars          13,364    11/18/1971    Registered
Caesars World, Inc.    Nevada    Caesars Palace          13-174    5/26/1970    Registered
Caesars World, Inc.    Nevada    Cleopatra’s          13,369    9/16/1971    Registered
Caesars World, Inc.    Nevada    Cleopatra’s Barge          13,365    9/16/1971    Registered
Caesars World, Inc.    Nevada    Shadow A Bar at Caesars Palace          33,996    6/14/2001    Registered
Caesars World, Inc.    Pennsylvania    Caesars Pocono Resorts          776491    7/1/1981    Registered
Caesars World, Inc.    Pennsylvania    Caesars Pocono Resorts          776490    7/1/1981    Registered
Caesars World, Inc.    Pennsylvania    Caesars Pocono Resorts (Stylized)          776492    7/1/1981    Registered
Caesars World, Inc.    Pennsylvania    Caesars Pocono Resorts (Stylized)          776493    7/1/1981    Registered
Caesars World, Inc.    United States    Appian Way    208395    3/22/1979    1143658    12/16/1980    Registered
Caesars World, Inc.    United States    Bacchanal    72/380682    1/11/1971    931975    4/4/1972    Registered
Caesars World, Inc.    United States    Burning of Rome    78/485674    9/17/2004    3235826    5/1/2007    Registered
Caesars World, Inc.    United States    Caesars    74/629226    1/17/1995    1988107    7/23/1996    Registered
Caesars World, Inc.    United States    Caesars    72/158560    12/5/1962    763255    1/14/1964    Registered
Caesars World, Inc.    United States    Caesars    72/453396    4/3/1973    983525    5/7/1974    Registered
Caesars World, Inc.    United States    Caesars    72/413086    1/19/1972    954684    3/6/1973    Registered
Caesars World, Inc.    United States    Caesars    73/684985    9/18/1987    1527770    3/7/1989    Registered
Caesars World, Inc.    United States    Caesars    77/745347    5/27/2009          Filed
Caesars World, Inc.    United States    Caesars (Stylized)    72/413085    1/19/1972    954637    3/6/1973    Registered
Caesars World, Inc.    United States    Caesars (Stylized)    72/453395    4/3/1973    1001363    1/7/1975    Registered

 

1

Trademarks denoted with * will be assigned from Harrah’s License Company, LLC to Harrah’s Interactive Entertainment, Inc.

 

3


II. Trademark Registration and Applications

 

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    United States    Caesars (Stylized)    73/684986    9/18/1987    1527771    3/7/1989    Registered
Caesars World, Inc.    United States    Caesars Entertainment    78/274378    7/15/2003    3021734    11/29/2005    Registered
Caesars World, Inc.    United States    Caesars Entertainment (Stylized)    78/274995    7/16/2003    3058666    2/14/2006    Registered
Caesars World, Inc.    United States    Caesars Entertainment (Laurel Design)    77/352483    12/14/2007          Filed
Caesars World, Inc.    United States    Caesars Luxury Collection    77/237918    7/25/2007          Filed
Caesars World, Inc.    United States    Caesars Man    73/712810    2/22/1988    1531549    3/28/1989    Registered
Caesars World, Inc.    United States    Caesars Man (Stylized)    73/712811    2/22/1988    1538771    5/16/1989    Registered
Caesars World, Inc.    United States    Caesars Man Emperor (Block)    77/602014    10/28/2008          Filed
Caesars World, Inc.    United States    Caesars Palace    73/141287    9/15/1977    1091551    5/16/1978    Registered
Caesars World, Inc.    United States    Caesars Palace    72/410294    12/15/1971    963820    7/10/1973    Registered
Caesars World, Inc.    United States    Caesars Palace    72/421350    4/14/1972    963656    7/10/1973    Registered
Caesars World, Inc.    United States    Caesars Palace    72/300265    6/12/1968    907693    2/9/1971    Registered
Caesars World, Inc.    United States    Caesars Palace    72/415187    2/10/1972    951262    1/23/1973    Registered
Caesars World, Inc.    United States    Caesars Palace    78/490282    9/27/2004    3110398    6/27/2006    Registered
Caesars World, Inc.    United States    Caesars Palace (Stylized)    72/421424    4/14/1972    968212    9/11/1973    Registered
Caesars World, Inc.    United States    Caesars Palace (Stylized)    72/410295    12/15/1971    1004058    2/4/1975    Registered
Caesars World, Inc.    United States    Caesars Palace (Stylized)    73/141327    9/15/1977    1090494    5/2/1978    Registered
Caesars World, Inc.    United States    Caesars Palace (Stylized)    78/490940    9/28/2004    3160198    10/17/2006    Registered
Caesars World, Inc.    United States    Caesars Palace (Stylized)    73204775    2/23/1979    1158035    6/23/1981    Registered
Caesars World, Inc.    United States    Caesars Palace (Stylized) (Vertical)    72/300270    6/12/1968    907696    2/9/1971    Registered
Caesars World, Inc.    United States    Caesars Palace at Sea    74/018257    1/11/1990    1663829    11/5/1991    Registered
Caesars World, Inc.    United States    Caesars Palace Las Vegas - Nevada (Grape Girl Design)    73/225963    8/3/1979    1168663    9/8/1981    Registered

 

4


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    United States    Caesars Tahoe    73/278471    9/19/1980    1191413    3/2/1982    Registered
Caesars World, Inc.    United States    Caesars Tahoe    73/278468    9/19/1980    1263220    1/3/1984    Registered
Caesars World, Inc.    United States    Caesars Tahoe (Stylized)    73/297472    2/17/1981    1186958    1/19/1982    Registered
Caesars World, Inc.    United States    Caesars Tahoe (Stylized)    73/278469    9/19/1980    1201511    7/13/1982    Registered
Caesars World, Inc.    United States    Caesars Tahoe (Stylized)    73/278470    9/19/1980    1201555    7/13/1982    Registered
Caesars World, Inc.    United States    Caesars Woman    73/712812    2/22/1988    1532553    4/4/1989    Registered
Caesars World, Inc.    United States    Caesars Woman (Stylized)    73/712809    2/22/1988    1531548    3/28/1989    Registered
Caesars World, Inc.    United States    Caesars Woman Goddess (Block)    77/602393    10/28/2008          Filed
Caesars World, Inc.    United States    Caesars World    72/432162    8/9/1972    995419    10/8/1974    Registered
Caesars World, Inc.    United States    Chariot Run    76/535651    8/8/2003    2868896    8/3/2004    Registered
Caesars World, Inc.    United States    Chariot Run & Design    76/535650    8/8/2003    2855799    6/22/2004    Registered
Caesars World, Inc.    United States    Circus Maximus    72/380684    1/11/1971    965251    7/31/1973    Registered
Caesars World, Inc.    United States    Cleopatra’s Barge    72/446003    1/15/1973    979106    2/19/1974    Registered
Caesars World, Inc.    United States    Cleopatra’s Barge    73/199688    1/11/1979    1138113    7/22/1980    Registered
Caesars World, Inc.    United States    Colosseum    76/417751    6/5/2002    3009896    11/1/2005    Registered
Caesars World, Inc.    United States    Colosseum Slots    78/394898    4/1/2004    2975973    7/26/2005    Registered
Caesars World, Inc.    United States    Conquer It All.    78/507357    10/28/2004    3076028    4/4/2006    Registered
Caesars World, Inc.    United States    Cypress Street Marketplace    78/375280    2/27/2004    2999188    9/20/2005    Registered
Caesars World, Inc.    United States    Emperors Club    74/216577    10/28/1991    1743663    12/29/1992    Registered
Caesars World, Inc.    United States    Emperors Everyday Giveaway    74/315590    9/21/1992    1837096    5/17/1994    Registered
Caesars World, Inc.    United States    Ferentina    74/491361    2/16/1994    2022361    12/10/1996    Registered
Caesars World, Inc.    United States    Gallleria    72/380686    1/11/1971    945380    10/17/1972    Registered
Caesars World, Inc.    United States    Glory of Rome    78/445480    7/2/2004    3034766    12/27/2005    Registered
Caesars World, Inc.    United States    Grape Girl (Design/Seal)    72/300268    6/12/1968    884317    1/13/1970    Registered
Caesars World, Inc.    United States    I, Caesar    72/428165    6/23/1972    966734    8/21/1973    Registered
Caesars World, Inc.    United States    I, Caesar    72/300267    6/12/1968    907694    2/9/1971    Registered

 

5


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    United States    La Piazza    74/075870    7/6/1990    1649800    7/2/1991    Registered
Caesars World, Inc.    United States    Live Famously.    76/542854    9/8/2003    2874051    8/17/2004    Registered
Caesars World, Inc.    United States    Miscellaneous Design (Burnt Edge Letter)    73/213813    4/30/1979    1194868    5/4/1982    Registered
Caesars World, Inc.    United States    Miscellaneous Design (Burnt Edge Letter)    72/368458    8/19/1970    947706    11/21/1972    Registered
Caesars World, Inc.    United States    Palace Reserve    74/009201    12/8/1989    1644190    5/14/1991    Registered
Caesars World, Inc.    United States    Roman Head with Laurel Leaf (Design)    78/963477    8/30/2006    3312633    10/16/2007    Registered
Caesars World, Inc.    United States    Roman Plaza    78/472414    8/24/2004    3106029    6/20/2006    Registered
Caesars World, Inc.    United States    Roman Rituals    78/488768    9/23/2004    3015592    11/15/2005    Registered
Caesars World, Inc.    United States    Rome Casino    78/485663    9/17/2004    3060087    2/21/2006    Registered
Caesars World, Inc.    United States    Seahorse Slots    78/368067    2/13/2004    3024562    12/6/2005    Registered
Caesars World, Inc.    United States    Seahorse Slots    78/368074    2/13/2004    2968751    7/12/2005    Registered
Caesars World, Inc.    United States    Spanish Steps    73/207896    3/19/1979    1146922    2/10/1981    Registered
Caesars World, Inc.    United States    The Forum Shops    78/753702    11/14/2005    3249070    6/5/2007    Registered
Caesars World, Inc.    United States    The Forum Shops at Caesars    74/097973    9/17/1990    1829004    3/29/1994    Registered
Caesars World, Inc.    United States    The Life You Were Meant To Live    77/438794    4/3/2008    3588734    3/10/2009    Registered
Caesars World, Inc.    United States    The Other Tunica    78/381165    3/9/2004    2933243    3/15/2005    Registered
Caesars World, Inc.    United States    The Palace    81/128428    5/25/1978    1128428    12/25/1979    Registered
Caesars World, Inc.    United States    The Palace Court    76/443613    8/26/2002    2707034    4/15/2003    Registered
Caesars World, Inc.    United States    The Palace Court    73/132703    7/5/1977    1128000    12/18/1979    Registered
Caesars World, Inc.    United States    The Pier at Caesars    78/567836    2/15/2005    3178188    11/28/2006    Registered
Caesars World, Inc.    United States    The Pier Shops at Caesars (& Design)    77/045400    11/16/2006    3367765    1/15/2008    Registered
Caesars World, Inc.    United States    Toga Teddy    73/778759    2/6/1989    1676542    2/25/1992    Registered
HHLV Management Company    United States    Binion’s (Block)    78/477531    9/1/2004          Filed
HHLV Management Company    United States    Binion’s (Oval Design)    78/478312    9/3/2004          Filed
Harrah’s License Company, LLC    Arizona    Agave’s (Design)    NA    3/31/2003    47189    3/31/2003    Registered

 

6


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    Arizona    The Harvest (Design)    NA    3/31/2003    47190    3/31/2003    Registered
Harrah’s License Company, LLC    California    Fortunes, A Noodle Bar    NA    9/5/2002    56663    9/5/2002    Registered
Harrah’s License Company, LLC    California    International Buffet (Design)    NA    9/5/2002    56665    9/5/2002    Registered
Harrah’s License Company, LLC    California    San Luis Rey Cafe (Design)    NA    9/5/2002    56664    9/5/2002    Registered
Harrah’s License Company, LLC    California    Where the Stars Surround You    64445    3/19/2008    64445    3/19/2008    Registered
Harrah’s License Company, LLC    Illinois    Mosaic          96770    10/30/2006    Registered
Harrah’s License Company, LLC    Illinois    Union Station Buffet (Design)    NA    12/12/2002    89930    12/12/2002    Registered
Harrah’s License Company, LLC    Indiana    Envy Stage Bar          2008-0359    5/14/2008    Registered
Harrah’s License Company, LLC    Indiana    French Quarter    NA    2/27/2002    2002-0111    2/27/2002    Registered
Harrah’s License Company, LLC    Indiana    High Voltage Grille    NA    2/27/2002    2002-0110    2/27/2002    Registered
Harrah’s License Company, LLC    Indiana    Midwest Regional Poker Championships       5/25/2006    2006-0312    5/25/2006    Registered
Harrah’s License Company, LLC    Indiana    The Venue (logo)          2009-0045    1/21/2009    Registered
Harrah’s License Company, LLC    Iowa    Ace’s Diner (Design)    NA    12/9/2002    W00335092    12/9/2002    Registered
Harrah’s License Company, LLC    Iowa    Fresh Market Square (Banner Design)    NA    9/23/2002    5480TM000270944    9/23/2002    Registered
Harrah’s License Company, LLC    Louisiana    “LA Downs”    NA    3/24/1993    NA    3/24/2003    Registered
Harrah’s License Company, LLC    Louisiana    “LA. Downs”    NA    3/24/1993    NA    3/24/2003    Registered
Harrah’s License Company, LLC    Louisiana    “Louisiana Downs Today”    NA    3/24/1993    NA    3/24/2003    Registered
Harrah’s License Company, LLC    Louisiana    “Louisiana Downs”    NA    3/24/1993    NA    3/24/2003    Registered
Harrah’s License Company, LLC    Louisiana    “Super Derby”    NA    3/24/1993    NA    3/24/2003    Registered
Harrah’s License Company, LLC    Louisiana    “The Inside Track” (Block)    NA    3/24/1993    NA    3/24/2003    Registered
Harrah’s License Company, LLC    Louisiana    Aromas (Design)    NA    12/17/2001    57-2530    12/17/2001    Registered
Harrah’s License Company, LLC    Louisiana    Attire to Inspire (logo)    NA    8/27/2007    59-7833    8/27/2007    Registered
Harrah’s License Company, LLC    Louisiana    Barataria Cove (Block)    NA    10/4/2002    57-5584    10/4/2002    Registered
Harrah’s License Company, LLC    Louisiana    Best Bet Media    NA    7/31/2000    NA    7/31/2000    Registered

 

7


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    Louisiana    Best Blackjack in Louisiana (Block)    NA    12/30/1996    NA    12/30/1996    Registered
Harrah’s License Company, LLC    Louisiana    Black Gold (Block)    NA    3/24/1993    NA    3/24/2003    Registered
Harrah’s License Company, LLC    Louisiana    Get Real (Block)    NA    4/4/1996    NA    4/4/1996    Registered
Harrah’s License Company, LLC    Louisiana    Ha Long Baccarat Bay (Block)          60-3853    10/23/2008    Registered
Harrah’s License Company, LLC    Louisiana    Harrah’s Casino New Orleans (Orbit Design)    NA    1/6/1995    NA    1/6/1995    Registered
Harrah’s License Company, LLC    Louisiana    Harrah’s New Orleans Casino Trade Name    NA    4/21/1995    NA    4/21/1995    Registered
Harrah’s License Company, LLC    Louisiana    Home of Best Odds & Highest Limits    NA    7/1/1996    NA    7/1/1996    Registered
Harrah’s License Company, LLC    Louisiana    Home of Loosest Slots & Biggest Jackpots    NA    7/21/1996    NA    7/21/1996    Registered
Harrah’s License Company, LLC    Louisiana    Horse Cents (Block)    NA    12/4/2003    58-0417    12/4/2003    Registered
Harrah’s License Company, LLC    Louisiana    Horseshoe Casino. Hotel    NA    8/18/1994    52-1828    8/18/1994    Registered
Harrah’s License Company, LLC    Louisiana    Horseshoe Spirits and Tobacco (Block)    NA    1/1/2002    NA    1/1/2002    Registered
Harrah’s License Company, LLC    Louisiana    Impulse, Inc.    NA    1/30/2001    NA    1/30/2001    Registered
Harrah’s License Company, LLC    Louisiana    Magnolia Buffet (Design)    NA    10/4/2002    57-5582    10/4/2002    Registered
Harrah’s License Company, LLC    Louisiana    Monday Night Madness (Block)    NA    9/30/1996    NA    9/30/1996    Registered
Harrah’s License Company, LLC    Louisiana    Nutra Gro    NA    3/24/1993    NA    3/24/2003    Registered
Harrah’s License Company, LLC    Louisiana    Pepper Rose (Design)    NA    12/17/2001    57-2528    12/17/2001    Registered
Harrah’s License Company, LLC    Louisiana    Rockin’ on the Red             6/28/2006    Registered
Harrah’s License Company, LLC    Louisiana    Salon Prive (Block)    NA    10/4/2002    57-5581    10/4/2002    Registered
Harrah’s License Company, LLC    Louisiana    Sky Club    NA    12/10/1999    56-4812    12/10/1999    Registered
Harrah’s License Company, LLC    Louisiana    Sky Room    NA    12/10/1999    56-4814    12/10/1999    Registered
Harrah’s License Company, LLC    Louisiana    The Legend Maker (Block)    NA    12/1/1999    NA    12/1/1999    Registered
Harrah’s License Company, LLC    Louisiana    The Manor Room (Block)    NA    10/4/2002    57-5583    10/4/2002    Registered

 

8


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    Louisiana    The Pelican Room    NA    12/22/1999    56-4924    12/22/1999    Registered
Harrah’s License Company, LLC    Louisiana    The Sky Club at Fair Grounds    NA    12/10/1999    56-4813    12/10/1999    Registered
Harrah’s License Company, LLC    Minnesota    Grand Casinos, Inc. (with pot of gold design)          19,006    3/10/1992    Registered
Harrah’s License Company, LLC    Mississippi    Ace High Snack Bar (block)             11/10/2008    Registered
Harrah’s License Company, LLC    Mississippi    Casino Row          NA    8/14/2001    Registered
Harrah’s License Company, LLC    Mississippi    Home of Best Odds & Highest Limits    NA    7/22/1996    NA    7/22/1996    Registered
Harrah’s License Company, LLC    Mississippi    Home of Loosest Slots & Biggest Jackpots    NA    7/23/1996    NA    7/23/1996    Registered
Harrah’s License Company, LLC    Mississippi    Magnolia A Delta Grille          NA    8/22/2007    Registered
Harrah’s License Company, LLC    Mississippi    Payouts Plus             11/10/2008    Registered
Harrah’s License Company, LLC    Mississippi    Share the Wealth          NA    3/22/2007    Registered
Harrah’s License Company, LLC    Mississippi    The Delta’s Hottest Slots (Block)    NA    11/21/1994    NA    11/21/1994    Registered
Harrah’s License Company, LLC    Mississippi    The Links at Cottonwoods (Block)             11/12/2008    Registered
Harrah’s License Company, LLC    Mississippi    Where you want to be          NA    3/1/2007    Registered
Harrah’s License Company, LLC    Missouri    Antonio’s    NA    6/11/2002    S015794    6/11/2002    Registered
Harrah’s License Company, LLC    Missouri    Grill 21 (logo)          NA    4/13/2007    Registered
Harrah’s License Company, LLC    Missouri    iBonus & Design          S017208    1/24/2006    Registered
Harrah’s License Company, LLC    Missouri    Moby’s Fish Tales (Block)          S017209    1/24/2006    Registered
Harrah’s License Company, LLC    Missouri    Monster Roll (Block)    17046    9/8/2005    17046    9/8/2005    Registered
Harrah’s License Company, LLC    Missouri    Young at Heart Club (Block)    NA    12/13/2001    S15609    12/13/2001    Registered
Harrah’s License Company, LLC    Nevada    All American Bar & Grille (Design)    NA    11/12/1991    24-833    11/12/1991    Registered
Harrah’s License Company, LLC    Nevada    Alta Villa          E0095822009-4    2/19/2009    Registered
Harrah’s License Company, LLC    Nevada    Altitude          E0208662006-8    3/21/2006    Registered

 

9


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    Nevada    American River Cafe (Block)    30 34    5/29/1997    30-034    5/29/1997    Registered
Harrah’s License Company, LLC    Nevada    American River Cafe (Design)    NA    11/17/1997    30-450    11/17/1997    Registered
Harrah’s License Company, LLC    Nevada    Antonio’s (Stylized)    NA    11/21/1995    28-620    11/21/1995    Registered
Harrah’s License Company, LLC    Nevada    Asia (Block)    NA    8/26/1997    30 -251    8/26/1997    Registered
Harrah’s License Company, LLC    Nevada    Bally’s Las Vegas Casino/Hotel          21,338    10/5/1987    Registered
Harrah’s License Company, LLC    Nevada    Bill’s (Design)    21-394    11/5/1987    21-394    11/5/1987    Registered
Harrah’s License Company, LLC    Nevada    Bugsy’s Bar          34,409    12/27/2001    Registered
Harrah’s License Company, LLC    Nevada    Buzios Seafood Restaurant & Design    NA    11/21/1995    28 -648    11/21/1995    Registered
Harrah’s License Company, LLC    Nevada    Calor          20070502731-47    7/24/2007    Registered
Harrah’s License Company, LLC    Nevada    Cancun Lagoon (Block)    25-701    11/4/1992    25-701    11/4/1992    Registered
Harrah’s License Company, LLC    Nevada    Cash is King (Design)    NA    8/9/1996    29-298    8/9/1996    Registered
Harrah’s License Company, LLC    Nevada    Club Flamingo          24,530    6/27/1991    Registered
Harrah’s License Company, LLC    Nevada    Club Rio (Design)    NA    11/12/1991    24-837    11/12/1991    Registered
Harrah’s License Company, LLC    Nevada    Cockeyed Clam          E0640022006-6    8/24/2006    Registered
Harrah’s License Company, LLC    Nevada    du Parc          32,653    1/25/2000    Registered
Harrah’s License Company, LLC    Nevada    Eiffel Tour          32,363    9/30/1999    Registered
Harrah’s License Company, LLC    Nevada    Eiffel Tour Store          32,364    9/30/1999    Registered
Harrah’s License Company, LLC    Nevada    Fill ‘Em Up Fridays          E0256512008-1    4/15/2008    Registered
Harrah’s License Company, LLC    Nevada    Flamingo (stylized) Las Vegas          32,589    12/29/1999    Registered
Harrah’s License Company, LLC    Nevada    Flamingo (stylized) Las Vegas with Bird Design          32,588    12/29/1999    Registered
Harrah’s License Company, LLC    Nevada    Flavors, The Buffet          E0590482006-9    8/9/2006    Registered
Harrah’s License Company, LLC    Nevada    Food, Fun & Fortune    26 125    3/31/1993    26-125    3/31/2003    Registered
Harrah’s License Company, LLC    Nevada    Friday’s Station (Block)    NA    8/26/1997    30-253    8/26/1997    Registered
Harrah’s License Company, LLC    Nevada    Get a Little Irish in Ya! (Block)          E0681252007-3    9/26/2007    Registered

 

10


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    Nevada    Gi Fu Loh (& Design)          E0517072007-2    7/20/2007    Registered
Harrah’s License Company, LLC    Nevada    Gustav’s Bar          32,646    1/25/2000    Registered
Harrah’s License Company, LLC    Nevada    Harrah’s Three Wishes (Design)    NA    5/10/1991    24-427    5/10/1991    Registered
Harrah’s License Company, LLC    Nevada    Harvey’s (Stylized)    16 376    6/18/1980    16-376    6/18/1980    Registered
Harrah’s License Company, LLC    Nevada    Harveys Winter Wonderland    26026    2/25/1998    26-026    2/25/2003    Registered
Harrah’s License Company, LLC    Nevada    JJ’S Boulangerie          32,649    1/25/2000    Registered
Harrah’s License Company, LLC    Nevada    Jubilee!          35,311    2/13/2003    Registered
Harrah’s License Company, LLC    Nevada    La Cave & Design          32,596    12/29/1999    Registered
Harrah’s License Company, LLC    Nevada    La Menagerie de Paris          32,373    9/30/2004    Registered
Harrah’s License Company, LLC    Nevada    La Vogue          32,370    9/30/1999    Registered
Harrah’s License Company, LLC    Nevada    L’art de Paris          32,371    9/30/1999    Registered
Harrah’s License Company, LLC    Nevada    Latin Libido          E0289892007-3    4/23/2007    Registered
Harrah’s License Company, LLC    Nevada    Le Bar du Sport          32,647    1/25/2000    Registered
Harrah’s License Company, LLC    Nevada    Le Cafe du Parc          32,705    2/2/2000    Registered
Harrah’s License Company, LLC    Nevada    Le Cafe Ile St. Louis          32,560    1/25/2000    Registered
Harrah’s License Company, LLC    Nevada    Le Journal          32,365    9/30/1999    Registered
Harrah’s License Company, LLC    Nevada    Le Provencal          32,671    1/25/2000    Registered
Harrah’s License Company, LLC    Nevada    Le Salon Des Tables          32,645    1/25/2000    Registered
Harrah’s License Company, LLC    Nevada    Le Village Buffet (Design)          32,654    1/24/2000    Registered
Harrah’s License Company, LLC    Nevada    Lenotre          32,369    9/30/1999    Registered
Harrah’s License Company, LLC    Nevada    Les Elements          32,368    9/30/1999    Registered
Harrah’s License Company, LLC    Nevada    Les Enfants          32,372    9/30/1999    Registered
Harrah’s License Company, LLC    Nevada    Les Memoires          32,367    9/30/1999    Registered
Harrah’s License Company, LLC    Nevada    March Mania          32,799    3/1/2000    Registered
Harrah’s License Company, LLC    Nevada    Masquerade Show in the Sky          E0796512007-3    11/16/2007    Registered
Harrah’s License Company, LLC    Nevada    Masquerade Showroom (Block)          E0542812007-3    7/31/2007    Registered
Harrah’s License Company, LLC    Nevada    Masquerade Village    NA    8/8/1996    29-285    8/8/1996    Registered

 

11


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    Nevada    Napa Restaurant (Design)    NA    4/15/1996    28-940    4/15/1996    Registered
Harrah’s License Company, LLC    Nevada    Napoleon’s          32,648    1/25/2000    Registered
Harrah’s License Company, LLC    Nevada    Nosh & Design          36,633    8/17/2004    Registered
Harrah’s License Company, LLC    Nevada    Now That’s Amore          20080398570-82    6/12/2008    Registered
Harrah’s License Company, LLC    Nevada    Paradise Garden Buffet & Design          30,208    8/14/1997    Registered
Harrah’s License Company, LLC    Nevada    Paris          32,879    3/28/2000    Registered
Harrah’s License Company, LLC    Nevada    Paris (Stylized)          32,878    3/28/2000    Registered
Harrah’s License Company, LLC    Nevada    Paris Las Vegas          32,880    3/28/2000    Registered
Harrah’s License Company, LLC    Nevada    Paris Las Vegas          32,881    3/28/2000    Registered
Harrah’s License Company, LLC    Nevada    Penazzi          E0560972006-2    7/31/2006    Registered
Harrah’s License Company, LLC    Nevada    Presse          32,366    9/30/1999    Registered
Harrah’s License Company, LLC    Nevada    Pro Pick Progressive          E0643202007-2    9/7/2007    Registered
Harrah’s License Company, LLC    Nevada    Quick Pik - Quick Pick    22-778    6/23/1989    22-778    6/23/1989    Registered
Harrah’s License Company, LLC    Nevada    Rio Rita (Stylized)    NA    11/12/1991    24-832    11/12/1991    Registered
Harrah’s License Company, LLC    Nevada    Rio Secco Golf Club (Design)    NA    5/27/1999    32-041    5/27/1999    Registered
Harrah’s License Company, LLC    Nevada    Rio Suite Hotel & Casino (Block)    NA    7/6/1989    22-821    7/6/1989    Registered
Harrah’s License Company, LLC    Nevada    Rio Suite Hotel & Casino (Standarized Chinese Translation) Trade Name    NA    11/25/1996    29-612    11/25/1996    Registered
Harrah’s License Company, LLC    Nevada    Sao Paulo Cafe (Design)    NA    12/10/2002    35-154    12/10/2002    Registered
Harrah’s License Company, LLC    Nevada    Sierra Choices          E0595782007-1    8/21/2007    Registered
Harrah’s License Company, LLC    Nevada    South Shore Room    NA    9/1/1982    18-002    9/1/1982    Registered
Harrah’s License Company, LLC    Nevada    Stay and Play (Block)    22-191    11/17/1998    22-191    11/17/2003    Registered
Harrah’s License Company, LLC    Nevada    Steakhouse46          E0590452006-6    8/9/2006    Registered
Harrah’s License Company, LLC    Nevada    Superbook          23,382    2/21/1990    Registered
Harrah’s License Company, LLC    Nevada    The 18 Hour Happy Hour          E0776432006-8    10/20/2006    Registered

 

12


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    Nevada    The Party’s at Harveys!    26 25    2/25/1993    2625    2/25/2003    Registered
Harrah’s License Company, LLC    Nevada    The Spa at the Rio    NA    11/21/1995    28-649    11/21/1995    Registered
Harrah’s License Company, LLC    Nevada    The Village    NA    7/16/1996    29-172    7/16/1996    Registered
Harrah’s License Company, LLC    Nevada    The Village Seafood Buffet (Design)    NA    4/15/1996    28-941    4/15/1996    Registered
Harrah’s License Company, LLC    Nevada    The Wine Cellar Tasting Room (Design)    NA    4/15/1996    28-937    4/15/1996    Registered
Harrah’s License Company, LLC    Nevada    Vex          E0500352006-6    7/3/2006    Registered
Harrah’s License Company, LLC    Nevada    Voga          E0020142008-2    1/8/2008    Registered
Harrah’s License Company, LLC    Nevada    Voodoo Cafe (Block)    NA    7/16/1996    29- 173    7/16/1996    Registered
Harrah’s License Company, LLC    Nevada    Voodoo Lounge    NA    5/28/2002    34-790    5/28/2002    Registered
Harrah’s License Company, LLC    Nevada    Voodoo, An Orleans-Style Restaurant (Block)    NA    4/15/1996    28942    4/15/1996    Registered
Harrah’s License Company, LLC    Nevada    Wheel and Skull of Bovine Animal (Design)    NA    6/18/1980    16-377    6/18/2000    Registered
Harrah’s License Company, LLC    New Jersey    $10,000 Pyramid          10,296    2/26/1992    Registered
Harrah’s License Company, LLC    New Jersey    6ix A Bistro (logo)    NA       23095    7/16/2008    Registered
Harrah’s License Company, LLC    New Jersey    Baccarat Palace          22734    3/30/2007    Registered
Harrah’s License Company, LLC    New Jersey    Bally’s Blue Martini          21,261    2/4/2003    Registered
Harrah’s License Company, LLC    New Jersey    Bally’s Most Wanted (and Design)          14,868    9/23/1997    Registered
Harrah’s License Company, LLC    New Jersey    Billy’s          13,807    1/11/1996    Registered
Harrah’s License Company, LLC    New Jersey    Bronco Buster (and Design)          14,870    9/23/1997    Registered
Harrah’s License Company, LLC    New Jersey    Casa Di Napoli (Words)    NA    12/11/2002    21223    12/11/2002    Registered
Harrah’s License Company, LLC    New Jersey    Cash Express (Stylized)          20,569    2/13/2001    Registered
Harrah’s License Company, LLC    New Jersey    Crazy Joker (and Design)          14,869    9/23/1997    Registered
Harrah’s License Company, LLC    New Jersey    Diamond Cove (Block)    NA    10/29/2002    21184    10/29/2002    Registered

 

13


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    New Jersey    Fast Fifties          10,297    2/26/1992    Registered
Harrah’s License Company, LLC    New Jersey    French Quarter Buffet (Design)    NA    12/11/2002    21224    12/11/2002    Registered
Harrah’s License Company, LLC    New Jersey    Gold Tooth Gerties          20,499    12/5/2000    Registered
Harrah’s License Company, LLC    New Jersey    Hidden Treasures & Design          13,889    4/9/1996    Registered
Harrah’s License Company, LLC    New Jersey    Jackpot Fiesta (and Design)          14,872    9/23/1997    Registered
Harrah’s License Company, LLC    New Jersey    Jackpot Roundup (and Design)          14,867    9/23/1997    Registered
Harrah’s License Company, LLC    New Jersey    Jackson Square (Block)    NA       22483    4/21/2006    Registered
Harrah’s License Company, LLC    New Jersey    Lone Star Snack Bar          14,776    7/17/1997    Registered
Harrah’s License Company, LLC    New Jersey    Lucky Horseshoes (and Design)          14,874    9/23/2002    Registered
Harrah’s License Company, LLC    New Jersey    Mansion Cafe (Script)    NA    12/11/2002    21221    12/11/2002    Registered
Harrah’s License Company, LLC    New Jersey    Mountain Bar (and Logo)          14,809    8/11/1997    Registered
Harrah’s License Company, LLC    New Jersey    Mr. Ming’s          15,079    3/5/1998    Registered
Harrah’s License Company, LLC    New Jersey    MVP          20,440    9/18/1990    Registered
Harrah’s License Company, LLC    New Jersey    Noodle Village (logo)          22733    3/30/2007    Registered
Harrah’s License Company, LLC    New Jersey    Pay Day!          20,698    6/11/2001    Registered
Harrah’s License Company, LLC    New Jersey    Pickles - More than a Deli          15,515    12/17/1998    Registered
Harrah’s License Company, LLC    New Jersey    Poker, Ponies & Keno          13,806    1/11/1996    Registered
Harrah’s License Company, LLC    New Jersey    Runaway Jackpots (Stylized)          14,871    9/23/1997    Registered
Harrah’s License Company, LLC    New Jersey    Spa Cafe          15,516    12/17/1998    Registered
Harrah’s License Company, LLC    New Jersey    Studio          15,289    7/14/1998    Registered
Harrah’s License Company, LLC    New Jersey    Taste of the Shore          23013    3/27/2008    Registered
Harrah’s License Company, LLC    New Jersey    The Clardige Tower at Bally’s          21,296    3/17/2003    Registered
Harrah’s License Company, LLC    New Jersey    The Sidewalk Cafe          15,517    12/17/1998    Registered
Harrah’s License Company, LLC    New Jersey    Toast to the Coast          23110    9/2/2008    Registered

 

14


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    New Jersey    Virginia City Buffet (and Logo)          14,806    8/11/1997    Registered
Harrah’s License Company, LLC    New Jersey    Wild Party          13,903    4/11/1996    Registered
Harrah’s License Company, LLC    North Carolina    $100,000 Fishing Challenge & Outdoor Expo (logo)          19572    9/11/2008    Registered
Harrah’s License Company, LLC    North Carolina    Selu Garden Cafe (Design)    NA    4/23/2003    T-17394    4/23/2003    Registered
Harrah’s License Company, LLC    Pennsylvania    The Copper Mug          3338702    10/23/2006    Registered
Harrah’s License Company, LLC    United States    “Even Your Appetite Wins Here.”    78/787387    1/9/2006    3171511    11/14/2006    Registered
Harrah’s License Company, LLC    United States    “GO” - Grand One Stylized Logo    78/509792    11/2/2004    3065452    3/7/2006    Registered
Harrah’s License Company, LLC    United States    “If you’re gambling we’re gonna comp you.”    78/787592    1/9/2006    3171513    11/14/2006    Registered
Harrah’s License Company, LLC    United States    “Make it right for the gambler.”    78/787382    1/9/2006    3171510    11/14/2006    Registered
Harrah’s License Company, LLC    United States    “Nobody does more for the gambler.”    78/798458    1/24/2006    3177129    11/28/2006    Registered
Harrah’s License Company, LLC    United States    “This is the Original Gambling Joint.”    78/787353    1/9/2006    3171509    11/14/2006    Registered
Harrah’s License Company, LLC    United States    “We give gamblers what they want.”    78/798397    1/24/2006    3177127    11/28/2006    Registered
Harrah’s License Company, LLC    United States    $1 Million in the Bag    78/926951    7/11/2006    3239725    5/8/2007    Registered
Harrah’s License Company, LLC    United States    1-800-HARRAHS    75/242363    2/13/1997    2118116    12/2/1997    Registered
Harrah’s License Company, LLC    United States    ‘37 (Logo)    77/424180    3/17/2008    3555139    12/30/2008    Registered
Harrah’s License Company, LLC    United States    A Whole New Breed of Casino (Block)    78/423834    5/24/2004    3020080    11/29/2005    Registered
Harrah’s License Company, LLC    United States    Ace’s Diner    78/944004    8/3/2006    3242478    5/15/2007    Registered
Harrah’s License Company, LLC    United States    Adventure Elevated.    77/436939    4/1/2008    3535278    11/18/2008    Registered
Harrah’s License Company, LLC    United States    All Slots. All Loose. All The Time.    76/461566    10/24/2002    2771335    10/7/2003    Registered
Harrah’s License Company, LLC    United States    Animations    74/107682    10/22/1990    1677163    2/25/1992    Registered
Harrah’s License Company, LLC    United States    Any Way You Spend, You Win!    77/583495    10/1/2008          Filed

 

15


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    United States    As Vegas as Vegas Gets.    76/547638    9/29/2003    2934412    3/22/2005    Registered
Harrah’s License Company, LLC    United States    Atlantic City Country Club (Block)    77/545269    8/12/2008    3586996    3/10/2009    Registered
Harrah’s License Company, LLC    United States    B (Block)    75/090602    4/18/1996    2164444    6/9/1998    Registered
Harrah’s License Company, LLC    United States    Bally    74/155686    4/9/1991    1909427    8/1/1995    Registered
Harrah’s License Company, LLC    United States    Bally    73/687446    10/2/1987    1552562    8/22/1989    Registered
Harrah’s License Company, LLC    United States    Bally (Stylized Script)    71/532200    8/23/1947    505218    12/28/1948    Registered
Harrah’s License Company, LLC    United States    Bally (Stylized Script)    73/024101    6/13/1974    1012119    6/3/1975    Registered
Harrah’s License Company, LLC    United States    Bally (Stylized Script)    74/063579    5/29/1990    1646697    6/4/1991    Registered
Harrah’s License Company, LLC    United States    Bally (Stylized Script)    75/823120    10/14/1999    2377709    8/15/2000    Registered
Harrah’s License Company, LLC    United States    Bally Gaming    74/282077    6/4/1992    1820490    2/8/1994    Registered
Harrah’s License Company, LLC    United States    Bally’s    74/538625    6/16/1994    1955699    2/13/1996    Registered
Harrah’s License Company, LLC    United States    Bally’s    73/809446    6/27/1989    1581959    2/6/1990    Registered
Harrah’s License Company, LLC    United States    Bally’s    73/666822    6/15/1987    1523910    2/7/1989    Registered
Harrah’s License Company, LLC    United States    Bally’s    73/666811    6/12/1987    1515843    12/6/1988    Registered
Harrah’s License Company, LLC    United States    Bally’s (Stylized)    74/711619    8/7/1995    2048291    3/25/1997    Registered
Harrah’s License Company, LLC    United States    Bambu (Block)    78/703992    8/31/2005    3135595    8/29/2006    Registered
Harrah’s License Company, LLC    United States    Be Inspired    78/366079    2/11/2004    2974511    7/19/2005    Registered
Harrah’s License Company, LLC    United States    Beat the House    78/242820    4/29/2003    3117854    7/18/2006    Registered
Harrah’s License Company, LLC    United States    Because More Is Better    78/233132    4/2/2003    2819968    3/2/2004    Registered
Harrah’s License Company, LLC    United States    Beef Barron    78/660725    6/29/2005    3106584    6/20/2006    Registered
Harrah’s License Company, LLC    United States    Beijing Noodle No. 9    77/269189    8/31/2007          Filed
Harrah’s License Company, LLC    United States    Bellissimo    77/032971    10/31/2006    3246044    5/29/2007    Registered
Harrah’s License Company, LLC    United States    Benny’s Back Room (logo)    77/547938    8/15/2008          Filed
Harrah’s License Company, LLC    United States    Bevertainer (Block)    78/217653    2/21/2003    2849732    6/1/2004    Registered
Harrah’s License Company, LLC    United States    Bevertainment (Block)    78/217642    2/21/2003    3077332    4/4/2006    Registered

 

16


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    United States    Big Bucks    74/227176    12/4/1991    1847026    7/26/1994    Registered
Harrah’s License Company, LLC    United States    Bill’s (Block)    73/746130    8/15/1988    1530198    3/14/1989    Registered
Harrah’s License Company, LLC    United States    Bill’s (Block)    77/663532    2/4/2008          Filed
Harrah’s License Company, LLC    United States    Bill’s Gamblin’ Hall & Saloon (Design)    77/074520    1/2/2007    3316023    10/23/2007    Registered
Harrah’s License Company, LLC    United States    Bluesville (Block)    77/234865    7/20/2007    3456911    7/1/2008    Registered
Harrah’s License Company, LLC    United States    Bluesville (Logo)    77/523188    7/16/2008    3554133    12/30/2008    Registered
Harrah’s License Company, LLC    United States    Bluesville (Logo)    75/182186    10/15/1996    2148837    4/7/1998    Registered
Harrah’s License Company, LLC    United States    Bluffs Run (Block)    76/123859    9/16/2000    2558258    4/9/2002    Registered
Harrah’s License Company, LLC    United States    Boost    78/842377    3/21/2006    3216589    3/6/2007    Registered
Harrah’s License Company, LLC    United States    Buzios (Block)    74/442023    9/29/1993    2085147    8/5/1997    Registered
Harrah’s License Company, LLC    United States    Cafe Andreotti (Block)    75/646182    2/19/1999    2335359    3/28/2000    Registered
Harrah’s License Company, LLC    United States    Cafe Sonoma (Block)    75/366143    10/1/1997    2312618    1/25/2000    Registered
Harrah’s License Company, LLC    United States    Cafe Sonoma (Design)    75/514389    7/6/1998    2323248    2/29/2000    Registered
Harrah’s License Company, LLC    United States    Candymania    74/636158    2/21/1995    2007114    10/8/1996    Registered
Harrah’s License Company, LLC    United States    Carnival World Buffet (Block)    74/401180    6/14/1993    1827883    3/22/1994    Registered
Harrah’s License Company, LLC    United States    Carvings    78/732311    10/13/2005    3141982    9/12/2006    Registered
Harrah’s License Company, LLC    United States    Cascata    75/712526    5/24/1999    2498816    10/16/2001    Registered
Harrah’s License Company, LLC    United States    Cascata    75/712527    5/24/1999    2565667    4/30/2002    Registered
Harrah’s License Company, LLC    United States    Cash Scratch Fever (Block)    78/289472    8/18/2003    2869743    8/3/2004    Registered
Harrah’s License Company, LLC    United States    Casino Row    78/366812    2/12/2004    2994544    9/13/2005    Registered
Harrah’s License Company, LLC    United States    C’est Si Bon    75/728104    6/14/1999    2407315    11/21/2000    Registered
Harrah’s License Company, LLC    United States    Champagne Slots    78/457601    7/27/2004    3020236    11/29/2005    Registered
Harrah’s License Company, LLC    United States    Choose Your Escape    77/366300    1/8/2008    3548026    12/16/2008    Registered
Harrah’s License Company, LLC    United States    City Lites    73/337024    11/13/1981    1243194    6/21/1983    Registered
Harrah’s License Company, LLC    United States    Claridge    74/394152    5/24/1993    1842112    6/28/1994    Registered
Harrah’s License Company, LLC    United States    Club Cappuccino (Block)    75/009005    10/23/1995    2020589    12/3/1996    Registered
Harrah’s License Company, LLC    United States    Club Cappuccino (Design)    76/319394    10/1/2001    2731316    7/1/2003    Registered

 

17


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    United States    Club Rio (Design)    75/743583    7/2/1999    2345553    4/25/2000    Registered
Harrah’s License Company, LLC    United States    CodeGreen (Logo)    77/462727    5/1/2008    3617308    5/5/2009    Registered
Harrah’s License Company, LLC    United States    Color    77/323570    11/7/2007          Filed
Harrah’s License Company, LLC    United States    Color - A Salon    77/323575    11/7/2007          Filed
Harrah’s License Company, LLC    United States    Community Riches    77/398083    2/15/2008          Filed
Harrah’s License Company, LLC    United States    Cowboy Bill (logo) (color)    77/529148    7/23/2008          Filed
Harrah’s License Company, LLC    United States    Coyote Kate’s Slot Parlor    76/067657    6/9/2000    2523523    12/25/2001    Registered
Harrah’s License Company, LLC    United States    Dealertainers    76/540597    8/12/2003    2888634    9/28/2004    Registered
Harrah’s License Company, LLC    United States    Directbet (Block)    76/539461    8/11/2003    2949255    5/10/2005    Registered
Harrah’s License Company, LLC    United States    Driven to Win    77/666043    2/9/2009          Filed
Harrah’s License Company, LLC    United States    Earned Everywhere. Redeemed Anywhere.    77/582460    9/30/2008    3615784    5/5/2009    Registered
Harrah’s License Company, LLC    United States    Earning is half the fun.    77/497597    6/12/2008    3554091    12/30/2008    Registered
Harrah’s License Company, LLC    United States    Earthurgency    77/519779    7/11/2008          Filed
Harrah’s License Company, LLC    United States    Eat Up Buffet (logo)    77/265856    8/28/2007    3455130    6/24/2008    Registered
Harrah’s License Company, LLC    United States    Embracing Diversity for the Common Good    77/243269    7/31/2007    3444215    6/10/2008    Registered
Harrah’s License Company, LLC    United States    Etc (logo)    77/424067    3/17/2008    3577746    2/17/2009    Registered
Harrah’s License Company, LLC    United States    ETotal Rewards    78/157406    8/23/2002    2814216    2/10/2004    Registered
Harrah’s License Company, LLC    United States    Everyone Plays a Part    77/461080    4/29/2008    3577807    2/17/2009    Registered
Harrah’s License Company, LLC    United States    Everything’s Sexier in Paris    77/451232    4/17/2008    3530914    11/11/2008    Registered
Harrah’s License Company, LLC    United States    Exotic. Uninhibited. Fun.    76/438775    8/6/2002    2709302    4/22/2003    Registered
Harrah’s License Company, LLC    United States    Express Play (Block)    78/154762    8/15/2002    3323794    10/30/2007    Registered
Harrah’s License Company, LLC    United States    Fantasea Reef (Block)    75/086992    4/8/1996    2070875    6/10/1997    Registered
Harrah’s License Company, LLC    United States    Fast Cash    78/154780    8/15/2002    2863641    7/13/2004    Registered

 

18


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    United States    Fast Cash    78/154778    8/15/2002    2880289    8/31/2004    Registered
Harrah’s License Company, LLC    United States    Fast Change (Design)    74/302116    8/7/1992    1765015    4/13/1993    Registered
Harrah’s License Company, LLC    United States    Fiore (Block)    74/671533    5/5/1995    1964224    3/26/1996    Registered
Harrah’s License Company, LLC    United States    Flamingo    74/636612    2/21/1995    1948975    1/16/1996    Registered
Harrah’s License Company, LLC    United States    Flamingo (Stylized)    76/229989    3/22/2001    2517266    12/11/2001    Registered
Harrah’s License Company, LLC    United States    Flamingo (Stylized)    76/229990    3/22/2001    2517267    12/11/2001    Registered
Harrah’s License Company, LLC    United States    Flamingo Bird Design (ONLY)    75/769538    8/6/1999    2350265    5/16/2000    Registered
Harrah’s License Company, LLC    United States    Flamingo Las Vegas    76/006766    3/22/2000    2516588    12/11/2001    Registered
Harrah’s License Company, LLC    United States    Flamingo Las Vegas    76/006767    3/22/2000    2514373    12/4/2001    Registered
Harrah’s License Company, LLC    United States    Food as Exciting as our Gambling    78/787599    1/9/2006    3171514    11/14/2006    Registered
Harrah’s License Company, LLC    United States    Fortuna    77/541968    8/7/2008          Filed
Harrah’s License Company, LLC    United States    Four Winds (Block)    76/464872    11/6/2002    2829389    4/6/2004    Registered
Harrah’s License Company, LLC    United States    Four Winds (Design)    76/464866    11/6/2002    2829388    4/6/2004    Registered
Harrah’s License Company, LLC    United States    Free Slot Play    77/248876    8/7/2007          Filed
Harrah’s License Company, LLC    United States    Fresh Market Square Buffet (Block letters)    78/167332    9/24/2002    2742085    7/29/2003    Registered
Harrah’s License Company, LLC    United States    Fruit Basket Buffet (and Design)    74/388553    5/11/1993    1820290    2/8/1994    Registered
Harrah’s License Company, LLC    United States    Genie (Design)    75/000570    10/2/1995    1990167    7/30/1996    Registered
Harrah’s License Company, LLC    United States    Get More Bang for your Buck ... Guaranteed!    77/028361    10/24/2006    3460107    7/8/2008    Registered
Harrah’s License Company, LLC    United States    Gift Horse (Block)    74/542128    6/24/1994    1943260    12/19/1995    Registered
Harrah’s License Company, LLC    United States    Gigi Paris    78/381582    3/10/2004    3026776    12/13/2005    Registered
Harrah’s License Company, LLC    United States    Go Wild    78/911523    6/19/2006    3213527    2/27/2007    Registered
Harrah’s License Company, LLC    United States    Grand Biloxi Casino Hotel Spa    77/745925    5/27/2009          Filed
Harrah’s License Company, LLC    United States    Grand Casino    76/326837    10/16/2001    2666019    12/24/2002    Registered
Harrah’s License Company, LLC    United States    Grand Casino (pot o’gold design)    75/381758    10/30/1997    2297356    12/7/1999    Registered

 

19


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    United States    Grand Casino Biloxi (with pot of gold design)    74/527169    5/17/1994    2026263    12/31/1996    Registered
Harrah’s License Company, LLC    United States    Grand Casino Kids Quest    74/275431    5/14/1992    1805598    11/16/1993    Registered
Harrah’s License Company, LLC    United States    Grand Casino Tunica Mississippi (and Design)    75/061670    2/9/1996    2138187    2/24/1998    Registered
Harrah’s License Company, LLC    United States    Grand Casinos, Inc. (with pot of gold design)    74/253205    3/9/1992    1735194    11/24/1992    Registered
Harrah’s License Company, LLC    United States    Great Gift Wrap Up    77/273410    9/6/2007    3448364    6/17/2008    Registered
Harrah’s License Company, LLC    United States    H (H in Horseshoe Design)    75/295680    5/21/1997    2141139    3/3/1998    Registered
Harrah’s License Company, LLC    United States    Harrah’s (Block)    74/257775    3/23/1992    1831759    4/19/1994    Registered
Harrah’s License Company, LLC    United States    Harrah’s (Block)    73/101437    9/29/1976    1067887    6/16/1977    Registered
Harrah’s License Company, LLC    United States    Harrah’s (Block)    73/310979    5/18/1981    1237716    5/10/1983    Registered
Harrah’s License Company, LLC    United States    Harrah’s (Block)    78/971741    9/11/2006    3268351    7/24/2007    Registered
Harrah’s License Company, LLC    United States    Harrah’s (Block)    77/063135    12/13/2006    3285300    8/28/2007    Registered
Harrah’s License Company, LLC    United States    Harrah’s (New Swing)    78/249083    5/13/2003    2843123    5/18/2004    Registered
Harrah’s License Company, LLC    United States    Harrah’s (Orbit Design - Lined for Color)    74/615040    12/27/1994    1937292    11/21/1995    Registered
Harrah’s License Company, LLC    United States    Harrah’s (Orbit Design)    74/514951    4/21/1994    1946083    1/2/1996    Registered
Harrah’s License Company, LLC    United States    Harrah’s (Orbit Design)    74/514836    4/21/1994    1957088    2/20/1996    Registered
Harrah’s License Company, LLC    United States    Harrah’s Casino (Block)    75/356576    9/15/1997    2176952    7/28/1998    Registered
Harrah’s License Company, LLC    United States    Harrah’s Constellation Awards (Block)    75/148973    8/12/1996    2057597    4/29/1997    Registered
Harrah’s License Company, LLC    United States    Harrah’s Del Rio (Block)    73/749715    9/2/1988    1557294    9/19/1989    Registered
Harrah’s License Company, LLC    United States    Harrah’s Design    73/419756    4/1/1983    1295055    9/11/1984    Registered
Harrah’s License Company, LLC    United States    Harrah’s Design    73/419468    4/1/1983    1297101    9/18/1984    Registered
Harrah’s License Company, LLC    United States    Harrah’s Foundation (logo)    77/264878    8/27/2007    3408891    4/8/2008    Registered

 

20


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    United States    Harrah’s Lucky Break (and Design)    77/132414    3/15/2007    3351300    12/11/2007    Registered
Harrah’s License Company, LLC    United States    Harrah’s Passport (Block)    75/478478    5/4/1998    2249650    6/1/1999    Registered
Harrah’s License Company, LLC    United States    Harrah’s Three Wishes    76/247550    4/27/2001    3578308    2/24/2009    Registered
Harrah’s License Company, LLC    United States    Harrah’s Winning Together (Block)    78/510174    11/2/2004    3032149    12/20/2005    Registered
Harrah’s License Company, LLC    United States    Harrahs.com    75/383697    11/3/1997    2268340    8/10/1999    Registered
Harrah’s License Company, LLC    United States    Harveys (Block)    74/483631    1/28/1994    2026250    12/31/1996    Registered
Harrah’s License Company, LLC    United States    Harveys (Design)    74/483632    1/28/1994    2038045    2/18/1997    Registered
Harrah’s License Company, LLC    United States    Harveys (Design)    78/821394    2/23/2006    3154177    10/10/2006    Registered
Harrah’s License Company, LLC    United States    Harveys Casino Hotel You Can Have it All    75/295646    5/21/1997    2240209    4/20/1999    Registered
Harrah’s License Company, LLC    United States    Harveys, A Natural Advantage (Block)    76/241350    4/16/2001    2618933    9/10/2002    Registered
Harrah’s License Company, LLC    United States    HD Winning Spree    77/577794    9/24/2008          Filed
Harrah’s License Company, LLC    United States    Hidden Jackpots!    78/567376    2/15/2005    3055169    1/31/2006    Registered
Harrah’s License Company, LLC    United States    Home of Best Odds & Highest Limits    75/126308    6/27/1996    2083671    7/29/1997    Registered
Harrah’s License Company, LLC    United States    Home of Loosest Slots & Biggest Jackpots    75/126318    6/27/1996    2099063    9/23/1997    Registered
Harrah’s License Company, LLC    United States    Home of the Best Odds, Highest Limits & Biggest Jackpots (Block)    76/424606    6/21/2002    2726864    6/17/2003    Registered
Harrah’s License Company, LLC    United States    Horseshoe (Block)    75/736249    6/23/1999    2370824    7/25/2000    Registered
Harrah’s License Company, LLC    United States    Horseshoe (Block)    74/430595    8/31/1993    1839688    6/14/1994    Registered
Harrah’s License Company, LLC    United States    Horseshoe (Block)    74/431062    8/31/1993    1839764    6/14/1994    Registered
Harrah’s License Company, LLC    United States    Horseshoe (Upright Horseshoe Design)    76/160719    11/7/2000    2567003    5/7/2002    Registered
Harrah’s License Company, LLC    United States    Horseshoe with Horseshoe Design    77/657333    1/27/2009          Filed
Harrah’s License Company, LLC    United States    Hot Gifts. Cool Million.    77/253712    8/13/2007    3408859    4/8/2008    Registered
Harrah’s License Company, LLC    United States    How Suite It Is    77/165309    4/25/2007    3392671    3/4/2008    Registered

 

21


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    United States    iBar and Design    78/791551    1/13/2006          Filed
Harrah’s License Company, LLC    United States    ICocktail    77/572415    9/17/2008          Filed
Harrah’s License Company, LLC    United States    Inner Circle (Block)    75/358121    9/16/1997    2360571    6/20/2000    Registered
Harrah’s License Company, LLC    United States    Ipanema Girls (Block)    74/021847    1/23/1990    1697110    6/23/1992    Registered
Harrah’s License Company, LLC    United States    Island Terrace (Design)    75/414966    1/7/1998    2432522    3/6/2001    Registered
Harrah’s License Company, LLC    United States    It’s a Winner Wonderland    77/605419    10/31/2008          Filed
Harrah’s License Company, LLC    United States    It’s all about the Gambler.    78/787328    1/9/2006    3171508    11/14/2006    Registered
Harrah’s License Company, LLC    United States    It’s All About You (Block)    78/233160    4/2/2003    3089381    5/9/2006    Registered
Harrah’s License Company, LLC    United States    It’s All Grand.    78/765035    12/1/2005    3162505    10/24/2006    Registered
Harrah’s License Company, LLC    United States    It’s Not Just A Game, It’s The Law (Block)    74/669228    5/2/1995    1958131    2/20/1996    Registered
Harrah’s License Company, LLC    United States    Jacques    78/379402    3/5/2004    2934998    3/22/2005    Registered
Harrah’s License Company, LLC    United States    Janelas (Design)    78/706472    9/2/2005    3126836    8/8/2006    Registered
Harrah’s License Company, LLC    United States    Joy Luck Noodle Bar    77/634470    12/16/2008          Filed
Harrah’s License Company, LLC    United States    Just One More Reason to Love New Orleans    75/705688    5/14/1999    2427528    2/6/2001    Registered
Harrah’s License Company, LLC    United States    Know When to Stop Before You Start (Block)    74/555770    8/1/1994    1915702    8/29/1995    Registered
Harrah’s License Company, LLC    United States    Lake Front Hotel Lake Charles    78/853879    4/4/2006    3215433    3/6/2007    Registered
Harrah’s License Company, LLC    United States    Lake Tahoe’s Big Chill    78/220742    3/3/2003    2810666    2/3/2004    Registered
Harrah’s License Company, LLC    United States    Las Vegas Excitement Louisiana Style (Block)    75/009695    10/18/1995    2045583    3/18/1997    Registered
Harrah’s License Company, LLC    United States    Las Vegas Meetings by Harrah’s Entertainment (logo)    77/184425    5/18/2007    3404551    4/1/2008    Registered
Harrah’s License Company, LLC    United States    LB’S Grill    74/537588    6/14/1994    1943593    12/26/1995    Registered

 

22


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    United States    Lightning Quarters    74/332483    11/18/1992    1801151    10/26/1993    Registered
Harrah’s License Company, LLC    United States    Loose Slot Louie    76/461565    10/24/2002    2986756    8/23/2005    Registered
Harrah’s License Company, LLC    United States    Louisiana Bread Company (Design)    78/369337    2/17/2004    3001127    9/27/2005    Registered
Harrah’s License Company, LLC    United States    Louisiana Downs (Block)    78/197284    12/23/2002    2874317    8/17/2004    Registered
Harrah’s License Company, LLC    United States    Louisiana Downs Racing Horses (Design)    78/199756    1/3/2003    2791383    12/9/2003    Registered
Harrah’s License Company, LLC    United States    Luck Ambassador (Block)    78/481496    9/10/2004    3402943    3/25/2008    Registered
Harrah’s License Company, LLC    United States    Lucky Roller (Block)    77/738111    5/15/2009          Filed
Harrah’s License Company, LLC    United States    Market Place Buffet    74/527170    5/17/1994    1922653    9/26/1995    Registered
Harrah’s License Company, LLC    United States    Masquerade & Design    78/647537    6/6/2005    3282446    8/21/2007    Registered
Harrah’s License Company, LLC    United States    Mid-America Poker Classic (Block)    75/767529    8/4/1999    2635950    10/15/2002    Registered
Harrah’s License Company, LLC    United States    Midwest Regional Poker Championships (& Design)    78/877197    5/5/2006    3227526    4/10/2007    Registered
Harrah’s License Company, LLC    United States    Million Dollar Blackjack Tournament (and Design)    76/534970    8/6/2003    2883870    9/14/2004    Registered
Harrah’s License Company, LLC    United States    Million Dollar Rewards (Logo)    77/064706    12/14/2006    3301028    10/2/2007    Registered
Harrah’s License Company, LLC    United States    Millionaire Maker (Block)    74/700888    7/13/1995    1979770    6/11/1996    Registered
Harrah’s License Company, LLC    United States    Miss Rio    78/159715    8/30/2002    3012833    11/8/2005    Registered
Harrah’s License Company, LLC    United States    Money in the Tank    77/492129    6/5/2008    3604172    4/07/2009    Registered
Harrah’s License Company, LLC    United States    More (Logo)    78/290896    8/22/2003    3039952    1/10/2006    Registered
Harrah’s License Company, LLC    United States    More Options. More Choices. More Control. (Block)    78/233159    4/2/2003    2899472    11/2/2004    Registered
Harrah’s License Company, LLC    United States    Mr. Ming’s    74/395750    5/26/1993    1835833    5/10/1994    Registered
Harrah’s License Company, LLC    United States    MVP    73/792991    4/13/1989    1572506    12/19/1989    Registered
Harrah’s License Company, LLC    United States    National Championship of Slots (Block)    74/710130    8/2/1995    2018498    11/19/1996    Registered

 

23


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    United States    N’awlins Louisiana Cuisine (Design)    78/601696    4/5/2005    3081041    4/11/2006    Registered
Harrah’s License Company, LLC    United States    Nobody Books a Bigger Bet    78/795020    1/19/2006    3177082    11/28/2006    Registered
Harrah’s License Company, LLC    United States    NYC Shell Game    75/854144    11/19/1999    2942300    4/19/2005    Registered
Harrah’s License Company, LLC    United States    Octavius Tower    77/235142    7/20/2007          Filed
Harrah’s License Company, LLC    United States    Oh Yeah!    78/084968    9/21/2001    2719370    5/27/2003    Registered
Harrah’s License Company, LLC    United States    Open Sky Theater (block)    77/409851    2/29/2008          Filed
Harrah’s License Company, LLC    United States    Operation Bet Smart (Block)    74/406592    6/28/1993    1855402    9/20/1994    Registered
Harrah’s License Company, LLC    United States    O’Sheas (Block)    77/606233    11/3/2008          Filed
Harrah’s License Company, LLC    United States    O’Sheas Casino (and Design)    74/163977    5/6/1991    1692034    6/9/1992    Registered
Harrah’s License Company, LLC    United States    Parade of Prizes    77/318210    10/31/2007    3473553    7/22/2008    Registered
Harrah’s License Company, LLC    United States    Paris    74/653425    3/29/1995    2475977    8/7/2001    Registered
Harrah’s License Company, LLC    United States    Paris    77/074187    1/2/2007    3355033    12/18/2007    Registered
Harrah’s License Company, LLC    United States    Paris (and Design)    77/070558    12/22/2006    3361414    1/1/2008    Registered
Harrah’s License Company, LLC    United States    Paris (Stylized)    74/703331    7/18/1995    2527696    1/8/2002    Registered
Harrah’s License Company, LLC    United States    Paris Las Vegas (and Design)    75/622575    1/14/1999    2432163    2/27/2001    Registered
Harrah’s License Company, LLC    United States    Paris Las Vegas (and Design)    78/320459    10/29/2003    3198006    1/16/2007    Registered
Harrah’s License Company, LLC    United States    Paris Las Vegas (and Design)    78/320257    10/29/2003    2914615    12/28/2004    Registered
Harrah’s License Company, LLC    United States    Paris Las Vegas (and Design)    78/319907    10/28/2003    2914614    12/28/2004    Registered
Harrah’s License Company, LLC    United States    Paris Las Vegas (and Design)    78/319829    10/28/2003    3190882    1/2/2007    Registered
Harrah’s License Company, LLC    United States    Paris Las Vegas (and Design)    78/319595    10/28/2003    2914612    12/28/2004    Registered
Harrah’s License Company, LLC    United States    Park Place    73/255431    3/25/1980    1353936    8/13/1985    Registered
Harrah’s License Company, LLC    United States    Park Place    73/226013    8/3/1979    1173550    10/13/1981    Registered
Harrah’s License Company, LLC    United States    Park Place (& tree design)    73/255358    3/24/1980    1219913    12/14/1982    Registered

 

24


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    United States    Park Place Jewelers    77/316049    10/29/2007    3431053    5/20/2008    Registered
Harrah’s License Company, LLC    United States    Pay Day!    76/252043    5/4/2001    2831194    4/13/2004    Registered
Harrah’s License Company, LLC    United States    Penny Ville    78/439241    6/22/2004    2985522    8/16/2005    Registered
Harrah’s License Company, LLC    United States    Picture the Prize (Block)    77/612227    11/11/2008          Filed
Harrah’s License Company, LLC    United States    Pink Bean (Block)    77/603247    10/29/2008          Filed
Harrah’s License Company, LLC    United States    Pink Ginger    76/560742    11/17/2003    2986903    8/23/2005    Registered
Harrah’s License Company, LLC    United States    Play $100 on Us!    78/771669    12/12/2005    3154110    10/10/2006    Registered
Harrah’s License Company, LLC    United States    Play It Now, Play It First.    78/089978    10/24/2001    2582459    6/18/2002    Registered
Harrah’s License Company, LLC    United States    Play the Waves (Block)    78/213245    2/11/2003    2913850    12/21/2004    Registered
Harrah’s License Company, LLC    United States    Play, Earn and Cash In (Block)    78/204603    1/17/2003    2774258    10/14/2003    Registered
Harrah’s License Company, LLC    United States    Playrio.com (Block)    75/742469    7/2/1999    2459105    6/12/2001    Registered
Harrah’s License Company, LLC    United States    Powerhouse Jackpots    77/609693    11/7/2008          Filed
Harrah’s License Company, LLC    United States    Preview    77/450581    4/17/2008    3555164    12/30/2008    Registered
Harrah’s License Company, LLC    United States    Prism    77/580068    9/26/2008          Filed
Harrah’s License Company, LLC    United States    Project 21 (Block)    75/152041    8/19/1996    2087604    8/12/1997    Registered
Harrah’s License Company, LLC    United States    Project 21 (Design)    74/044558    4/2/1990    1634559    2/5/1991    Registered
Harrah’s License Company, LLC    United States    Push    77/475098    5/15/2008    3592854    3/17/2009    Registered
Harrah’s License Company, LLC    United States    Push Your Luck    77/243510    7/31/2007    3405117    4/1/2008    Registered
Harrah’s License Company, LLC    United States    Pushing the Limits of High Limits    78/794769    1/19/2006    3171591    11/14/2006    Registered
Harrah’s License Company, LLC    United States    Qua    78/920618    6/30/2006    3407211    4/1/2008    Registered
Harrah’s License Company, LLC    United States    Qua    78/979247    6/30/2006    3358124    12/18/2007    Registered
Harrah’s License Company, LLC    United States    Qua (Design)    78/979248    6/30/2006    3358125    12/18/2007    Registered
Harrah’s License Company, LLC    United States    Qua (Design) (Color)    78/920624    6/30/2006    3407212    4/1/2008    Registered
Harrah’s License Company, LLC    United States    Quick Rewards (Stylized)    78/294160    8/29/2003    2871846    8/10/2004    Registered
Harrah’s License Company, LLC    United States    Rapid Fire    78/388967    3/23/2004    2933371    3/15/2005    Registered
Harrah’s License Company, LLC    United States    Real. Live. Las Vegas.    75/630709    1/29/1999    2399183    10/31/2000    Registered

 

25


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    United States    Reel Rewards (Block)    76/358694    1/15/2002    2708798    4/22/2003    Registered
Harrah’s License Company, LLC    United States    Reel Rewards (Block)    78/095058    11/26/2001    2776841    10/21/2003    Registered
Harrah’s License Company, LLC    United States    Responsible Gaming is our Business    78/705476    9/1/2005    3126815    8/8/2006    Registered
Harrah’s License Company, LLC    United States    Reward Credits    76/505451    3/31/2003    2847337    6/1/2004    Registered
Harrah’s License Company, LLC    United States    Rio (Block)    74/442024    9/29/1993    1845968    7/19/1994    Registered
Harrah’s License Company, LLC    United States    Rio (Block)    74/442025    9/29/1993    1997791    9/3/1996    Registered
Harrah’s License Company, LLC    United States    Rio (Sign Design)    74/442018    9/29/1993    1984925    7/9/1996    Registered
Harrah’s License Company, LLC    United States    Rio (Sign Design)    74/442012    9/29/1993    1908880    8/1/1995    Registered
Harrah’s License Company, LLC    United States    Rio (Stylized Script)    74/442020    9/29/1993    1997790    9/3/1996    Registered
Harrah’s License Company, LLC    United States    Rio (Stylized Script)    74/442021    9/29/1993    1845967    7/19/1994    Registered
Harrah’s License Company, LLC    United States    Rio All-Suite Hotel & Casino Las Vegas    75/732713    6/21/1999    2739407    7/22/2003    Registered
Harrah’s License Company, LLC    United States    Rio All-Suite Hotel & Casino Las Vegas    75/732712    6/21/1999    2739406    7/22/2003    Registered
Harrah’s License Company, LLC    United States    Rio Java (Design)    76/352432    12/26/2001    2715239    5/13/2003    Registered
Harrah’s License Company, LLC    United States    Rio Las Vegas (Block)    74/442017    9/29/1993    2053740    4/22/1997    Registered
Harrah’s License Company, LLC    United States    Rio Las Vegas (Block)    74/442016    9/29/1993    2207791    12/8/1998    Registered
Harrah’s License Company, LLC    United States    Rio Las Vegas (Script)    74/442022    9/29/1993    2221028    2/2/1999    Registered
Harrah’s License Company, LLC    United States    Rio Las Vegas (Stylized Script)    74/442019    9/29/1993    2207792    12/8/1998    Registered
Harrah’s License Company, LLC    United States    Rio Rita (Block)    74/330889    11/13/1992    1793006    9/14/1993    Registered
Harrah’s License Company, LLC    United States    Rio Rita’s (Block)    74/227113    12/4/1991    1714332    9/8/1992    Registered
Harrah’s License Company, LLC    United States    Rio Secco Golf Club (Block)    75/370303    10/8/1997    2223924    2/16/1999    Registered
Harrah’s License Company, LLC    United States    Rio Suite Hotel & Casino (Design)    74/021711    1/23/1990    1757490    3/9/1993    Registered
Harrah’s License Company, LLC    United States    Royal Order (Block)    78/411328    4/30/2004    3042752    1/10/2006    Registered
Harrah’s License Company, LLC    United States    Seahorse    78/368060    2/13/2004    2961555    6/7/2005    Registered
Harrah’s License Company, LLC    United States    Set for Life!    78/478051    9/2/2004    3495963    9/2/2008    Registered
Harrah’s License Company, LLC    United States    Set Sail    77/105097    2/12/2007    3333896    11/13/2007    Registered

 

26


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    United States    Set Sail (Logo)    77/105090    2/12/2007    3389578    2/26/2008    Registered
Harrah’s License Company, LLC    United States    Seven Stars (Block)    77/063406    12/13/2006    3293190    9/18/2007    Registered
Harrah’s License Company, LLC    United States    Seven Stars (stylized)    77/063431    12/13/2006    3293192    9/18/2007    Registered
Harrah’s License Company, LLC    United States    Seven Stars Club (Block)    78/389437    3/23/2004    2951635    5/17/2005    Registered
Harrah’s License Company, LLC    United States    Seven Stars Signature Event    77/475923    5/15/2008          Filed
Harrah’s License Company, LLC    United States    Share the Wealth    77/258237    8/17/2007    3479369    8/5/2008    Registered
Harrah’s License Company, LLC    United States    Sheer    78/957904    8/22/2006    3621214    5/12/2009    Registered
Harrah’s License Company, LLC    United States    Shop. Earn. Redeem.    77/582944    10/1/2008    3621214    5/12/2009    Registered
Harrah’s License Company, LLC    United States    Showboat (Block)    73/098380    8/31/1976    1078615    11/29/1977    Registered
Harrah’s License Company, LLC    United States    Showboat (Boat Design)    74/104647    10/10/1990    1658559    9/24/1991    Registered
Harrah’s License Company, LLC    United States    Showboat (Design - Half Flower)    73/504079    10/16/1984    1336012    5/14/1985    Registered
Harrah’s License Company, LLC    United States    Showboat (Marquee Design)    76/408501    5/13/2002    2868364    8/3/2004    Registered
Harrah’s License Company, LLC    United States    Showboat (Marquee)    77/267578    8/29/2007    3408900    4/8/2008    Registered
Harrah’s License Company, LLC    United States    Showboat (Script)    74/104648    10/10/1990    1666140    11/26/1991    Registered
Harrah’s License Company, LLC    United States    Slot Finder    78/972510    9/12/2006    3263858    7/10/2007    Registered
Harrah’s License Company, LLC    United States    Sneaky Queens (Block)    74/330885    11/13/1992    1779291    6/29/1993    Registered
Harrah’s License Company, LLC    United States    Sphere    78/956361    8/21/2006    3478301    7/29/2008    Registered
Harrah’s License Company, LLC    United States    Spotlight on Success    75/569397    10/13/1998    2287994    10/19/1999    Registered
Harrah’s License Company, LLC    United States    Stay Classic    78/972030    9/12/2006    3213554    2/27/2007    Registered
Harrah’s License Company, LLC    United States    Stay Classic    78/922868    7/5/2006    3213545    2/27/2007    Registered
Harrah’s License Company, LLC    United States    Stay, Play and Party (Block)    78/325330    11/10/2003    2899954    11/2/2004    Registered
Harrah’s License Company, LLC    United States    Stir (Design)    78/711531    9/13/2005    3198307    1/16/2007    Registered
Harrah’s License Company, LLC    United States    Super Derby (Block)    78/199798    1/3/2003    2788933    12/2/2003    Registered
Harrah’s License Company, LLC    United States    Superbook    73/664871    6/5/1987    1519150    1/3/1989    Registered
Harrah’s License Company, LLC    United States    Sycamores on the Creek    77/210760    6/20/2007    3372704    1/22/2008    Registered

 

27


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    United States    Table Game Finder (logo)    77/296524    10/4/2007    3430973    5/20/2008    Registered
Harrah’s License Company, LLC    United States    Tahoe Perspective    77/357824    12/21/2007    3467710    7/15/2008    Registered
Harrah’s License Company, LLC    United States    Talisman    77/580042    9/26/2008          Filed
Harrah’s License Company, LLC    United States    That’s More Like It.    77/194134    5/31/2007    3372631    1/22/2008    Registered
Harrah’s License Company, LLC    United States    The Art of Gaming (Block)    75/110634    5/28/1996    2140086    3/3/1998    Registered
Harrah’s License Company, LLC    United States    The Friendliest Folks on the River (Block)    74/570575    5/7/1994    2004892    10/1/1996    Registered
Harrah’s License Company, LLC    United States    The Friendliest Folks on the River (Block)    74/570663    5/7/1994    2004893    10/1/1996    Registered
Harrah’s License Company, LLC    United States    The Linq    77/112801    2/21/2007          Filed
Harrah’s License Company, LLC    United States    The Linq    77/112761    2/21/2007          Filed
Harrah’s License Company, LLC    United States    The Linq (logo)    77/271836    9/5/2007          Filed
Harrah’s License Company, LLC    United States    The Linq (logo)    77/272294    9/5/2007          Filed
Harrah’s License Company, LLC    United States    The Party’s at Harveys (Block)    74/484989    1/28/1994    1878054    2/7/1995    Registered
Harrah’s License Company, LLC    United States    The Premier Name in Casino Entertainment (Block)    74/406593    6/28/1993    1928930    10/24/1995    Registered
Harrah’s License Company, LLC    United States    The Race & Sports Book Bally’s Las Vegas (and Design)    75/927539    2/25/2000    2438409    3/27/2001    Registered
Harrah’s License Company, LLC    United States    The Range (Block)    74/701587    7/17/1995    2011189    10/22/1996    Registered
Harrah’s License Company, LLC    United States    The Reserve    77/457119    4/24/2008          Filed
Harrah’s License Company, LLC    United States    The Seafood Legends Are Made Of.    78/602291    4/5/2005    3071118    3/21/2006    Registered
Harrah’s License Company, LLC    United States    The Summit (Block)    73/040279    12/23/1974    1019015    8/26/1975    Registered
Harrah’s License Company, LLC    United States    The Summit (Design)    73/040278    12/23/1974    1020121    9/9/1975    Registered
Harrah’s License Company, LLC    United States    The Top of the Boardwalk    74/104649    10/10/1990    1658560    9/24/1991    Registered
Harrah’s License Company, LLC    United States    The Ultimate Gambling Experience    78/795483    1/20/2006    3180709    12/5/2006    Registered

 

28


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    United States    The Venue (logo)    77/470223    5/9/2008          Filed
Harrah’s License Company, LLC    United States    The Wild, Wild West Casino at Bally’s    75/103167    5/13/1996    2956370    5/31/2005    Registered
Harrah’s License Company, LLC    United States    The Will To Do Wonders    77/157849    4/16/2007    3317049    10/23/2007    Registered
Harrah’s License Company, LLC    United States    Three Wishes    76/072652    5/31/2000    3395202    3/11/2008    Registered
Harrah’s License Company, LLC    United States    Toga    78/710925    9/12/2005    3214994    3/6/2007    Registered
Harrah’s License Company, LLC    United States    Total Choice    77/339754    11/29/2007    3467464    7/15/2008    Registered
Harrah’s License Company, LLC    United States    Total Diamond (Block)    75/702370    5/10/1999    2396572    9/12/2000    Registered
Harrah’s License Company, LLC    United States    Total Entertainment Experience    77/537065    8/1/2008          Filed
Harrah’s License Company, LLC    United States    Total Gold (Block)    75/199563    11/18/1996    2131383    1/20/1998    Registered
Harrah’s License Company, LLC    United States    Total Jackpots    77/512108    7/1/2008          Filed
Harrah’s License Company, LLC    United States    Total Platinum (Block)    75/701823    5/10/1999    2466390    7/3/2001    Registered
Harrah’s License Company, LLC    United States    Total Rewards (Block)    78/934506    7/21/2006    3459699    7/1/2008    Registered
Harrah’s License Company, LLC    United States    Total Rewards (Block)    78/924294    7/7/2006    3413390    4/15/2008    Registered
Harrah’s License Company, LLC    United States    Total Rewards (Block)    78/924305    7/7/2006    3390160    2/26/2008    Registered
Harrah’s License Company, LLC    United States    Total Rewards (Block)    78/893899    5/26/2006    3213494    2/27/2007    Registered
Harrah’s License Company, LLC    United States    Total Rewards (Block)    75/941224    3/10/2000    2476727    8/7/2001    Registered
Harrah’s License Company, LLC    United States    Total Rewards (Block)    75/421336    1/22/1998    2209160    12/8/1998    Registered
Harrah’s License Company, LLC    United States    Total Rewards (Block)    78/703715    8/31/2005          Filed
Harrah’s License Company, LLC    United States    Total Rewards (Block)    78/225661    3/14/2003    2830063    4/6/2004    Registered
Harrah’s License Company, LLC    United States    Total Rewards Access    77/144942    3/30/2007    3432308    5/20/2008    Registered
Harrah’s License Company, LLC    United States    Total Rewards Air & Design    77/645077    1/7/2009          Filed
Harrah’s License Company, LLC    United States    Total Rewards Great Gift Wrap Up (logo)    77/273471    9/6/2007    3448365    6/17/2008    Registered

 

29


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    United States    Total Rock    77/671331    2/16/2009          Filed
Harrah’s License Company, LLC    United States    Total Touch    77/150003    4/5/2007    3323748    10/30/2007    Registered
Harrah’s License Company, LLC    United States    TR Logo    78/771958    12/13/2005    3386529    2/19/2008    Registered
Harrah’s License Company, LLC    United States    Tree Design    73/254980    3/24/1980    1224155    1/18/1983    Registered
Harrah’s License Company, LLC    United States    Try Our Brand of Fun (Block)    74/691215    6/20/1995    1970151    4/23/1996    Registered
Harrah’s License Company, LLC    United States    Tuesday Night Supper Club & Design    77/134008    3/19/2007    3351322    12/11/2007    Registered
Harrah’s License Company, LLC    United States    Ultimate Flair Bartending Championship - Harrah’s (Design)    78/926449    7/11/2006    3288158    9/4/2007    Registered
Harrah’s License Company, LLC    United States    Verdant Hills    78/787272    1/9/2006    3226009    4/3/2007    Registered
Harrah’s License Company, LLC    United States    Verdant Hills    77/367424    1/9/2008    3570704    2/3/2009    Registered
Harrah’s License Company, LLC    United States    Viale (design)    78/473865    8/26/2004    3057343    2/7/2006    Registered
Harrah’s License Company, LLC    United States    Village Square (Block)    75/366182    10/1/1997    2221012    1/26/1999    Registered
Harrah’s License Company, LLC    United States    Vintage 51    77/467323    5/6/2008    3573868    2/10/2009    Registered
Harrah’s License Company, LLC    United States    Voodoo    78/873728    5/1/2006    3158834    10/17/2006    Registered
Harrah’s License Company, LLC    United States    Voodoo Cafe & Lounge (Design)    78/392786    3/29/2004    3067474    3/14/2006    Registered
Harrah’s License Company, LLC    United States    We Care. We Card.    75/668003    3/26/1999    2321770    2/22/2000    Registered
Harrah’s License Company, LLC    United States    We know what gamblers want.    78/795000    1/19/2006    3177080    11/28/2006    Registered
Harrah’s License Company, LLC    United States    We Love What You Love    77/441450    4/7/2008    3555159    12/30/2008    Registered
Harrah’s License Company, LLC    United States    Where Entertainment Knows No Bounds    77/521309    7/14/2008    3550200    12/23/2008    Registered
Harrah’s License Company, LLC    United States    Where the World Goes to Play (Block)    74/672635    5/11/1995    2091782    8/26/1997    Registered
Harrah’s License Company, LLC    United States    Where Will You Earn?    77/589750    10/9/2008    3615971    5/5/2009    Registered
Harrah’s License Company, LLC    United States    Where Will You Play?    78/882840    5/12/2006    3213421    2/27/2007    Registered
Harrah’s License Company, LLC    United States    Wild, Wild West Casino    75/106946    5/13/1996    2837537    5/4/2004    Registered

 

30


II. Trademark Registration and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    United States    William Fisk’s Seafood Company (Block)    74/078846    7/16/1990    1670914    12/31/1991    Registered
Harrah’s License Company, LLC    United States    WINet    75/148194    8/12/1996    2170168    6/30/1998    Registered
Harrah’s License Company, LLC    United States    Winfinder!    78/455595    7/23/2004    3023356    12/6/2005    Registered
Harrah’s License Company, LLC    United States    Winning Streak (Design)    74/336717    12/4/1992    1787225    8/10/1993    Registered
Harrah’s License Company, LLC    United States    Winning Will Find You (Block)    78432194    6/9/2004    2983321    8/9/2005    Registered
Harrah’s License Company, LLC    United States    You, Your Friends & Us    77645119    1/7/2009          Filed

 

31


II. Trademark Registrations and Applications

 

International Trademark Registrations and Applications:

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    Argentina    Caesars    2,059,097    11/28/1996    2,028,220    5/23/2005    Registered
Caesars World, Inc.    Argentina    Caesars    2,059,096    11/28/1996    2,028,215    5/23/2005    Registered
Caesars World, Inc.    Argentina    Caesars (Stylized)    2,059,098    11/28/1996    2,028,219    5/23/2005    Registered
Caesars World, Inc.    Argentina    Caesars (Stylized)    2,059,099    11/28/1996    2,628,221    5/23/2005    Registered
Caesars World, Inc.    Argentina    Caesars Entertainment (Laurel Design)    2817728    4/17/2008          Filed
Caesars World, Inc.    Argentina    Caesars Entertainment (Laurel Design)    2817729    4/17/2008          Filed
Caesars World, Inc.    Argentina    Caesars Ferentina    2659476    3/28/2006    2162054    6/4/2007    Registered
Caesars World, Inc.    Argentina    Caesars Man    2,122,883    12/29/1997    2,028,227    5/23/2005    Registered
Caesars World, Inc.    Argentina    Caesars Palace    2,059,100    11/28/1996    2,028,222    5/23/2005    Registered
Caesars World, Inc.    Argentina    Caesars Palace    2,059,101    11/28/1996    2,028,223    5/23/2005    Registered
Caesars World, Inc.    Argentina    Caesars Palace (Stylized)    2,059,102    11/28/1996    2,028,224    5/23/2005    Registered
Caesars World, Inc.    Argentina    Caesars Palace (Stylized)    2,059,103    11/28/1996    2,028,225    5/23/2005    Registered
Caesars World, Inc.    Argentina    Caesars Woman    2,122,884    12/29/1997    2,028,226    5/23/2005    Registered
Caesars World, Inc.    Argentina    Ferentina    2,122,885    12/29/1997    1,823,239    3/26/2001    Registered
Caesars World, Inc.    Aruba    Caesars    93070613    7/16/1993    16252    8/16/1993    Registered
Caesars World, Inc.    Aruba    Caesars (Stylized)    93070612    7/6/1993    16251    8/16/1993    Registered
Caesars World, Inc.    Australia    Caesar    1104147    3/17/2006    1104147    3/17/2006    Registered
Caesars World, Inc.    Australia    Caesar    857,546    11/20/2000    857,546    2/19/2003    Registered
Caesars World, Inc.    Australia    Caesars (Series) (block and stylized font)    596,250    2/17/1993    596250    2/17/1993    Registered
Caesars World, Inc.    Australia    Caesars (Series) (block and stylized font)    881,193    7/3/2001    881193    7/3/2001    Registered
Caesars World, Inc.    Australia    Caesars (Series) (block and stylized font)    881,192    7/3/2001    881,192    7/3/2001    Registered
Caesars World, Inc.    Australia    Caesars (Series) (block and stylized font)    1099146    2/16/2006    1099146    2/16/2006    Registered
Caesars World, Inc.    Australia    Caesars (Series) (block and stylized font)    1099145    2/16/2006    1099145    2/16/2006    Registered
Caesars World, Inc.    Australia    Caesars (Series) (block and stylized font)    1100946    2/27/2006    1100946    2/27/2006    Registered

 

32


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    Australia    Caesars (Series) (block and stylized font)    326,526    2/1/1979    326526    2/1/1979    Registered
Caesars World, Inc.    Australia    Caesars (Series) (block and stylized font)    881,190    7/3/2001    881,190    5/29/2003    Registered
Caesars World, Inc.    Australia    Caesars (Series) (block and stylized font)    1120953    6/29/2006    1120953    6/29/2006    Registered
Caesars World, Inc.    Australia    Caesars (Series) (block and stylized font)    1145399    11/8/2006    1145399    11/8/2006    Registered
Caesars World, Inc.    Australia    Caesars (Series) (block and stylized font)    1289227    3/12/2009          Filed
Caesars World, Inc.    Australia    Caesars Palace (Series) (block & stylized mark)    1289226    3/12/2009          Filed
Caesars World, Inc.    Australia    Caesars Entertainment    961,987    7/16/2003    961,987    3/1/2005    Registered
Caesars World, Inc.    Australia    Caesars Entertainment    1233840    4/8/2008    1233840    11/20/2008    Registered
Caesars World, Inc.    Australia    Caesars Entertainment (Laurel Design)    1234587    4/11/2008    1234587    4/11/2008    Registered
Caesars World, Inc.    Australia    Caesars Palace    317,849    5/3/1978    B 317,849    5/3/1978    Registered
Caesars World, Inc.    Australia    Caesars Palace (Series) (block & stylized mark)    1099148    2/16/2006    1099148    2/16/2006    Registered
Caesars World, Inc.    Australia    Caesars Palace (Series) (block & stylized mark)    1100862    2/16/2006    1100862    2/16/2006    Registered
Caesars World, Inc.    Australia    Caesars Palace (Series) (block & stylized mark)    1099147    2/16/2006    1099147    2/16/2006    Registered
Caesars World, Inc.    Australia    Caesars Palace (Series) (block & stylized mark)    596,248    2/17/1993    596248    2/17/1993    Registered
Caesars World, Inc.    Australia    Caesars Palace (Series) (block & stylized mark)    326,522    2/1/1979    326522    2/1/1979    Registered
Caesars World, Inc.    Australia    Caesars Palace (Series) (block & stylized mark)    881,191    7/3/2001    881,191    5/29/2003    Registered
Caesars World, Inc.    Australia    Caesars Palace (Series) (block & stylized mark)    881,194    7/3/2001    881,194    7/3/2003    Registered
Caesars World, Inc.    Australia    Caesars Palace (Series) (block & stylized mark)    1118890    6/15/2006    1118890    6/15/2006    Registered
Caesars World, Inc.    Bahamas    Caesars    16087    10/14/1993    16087    10/14/1993    Registered
Caesars World, Inc.    Bahamas    Caesars (Series) (block and stylized font)    29444    5/9/2006          Filed
Caesars World, Inc.    Bahamas    Caesars (Series) (block and stylized font)    29443    5/9/2006          Filed
Caesars World, Inc.    Bahamas    Caesars (Series) (block and stylized font)    29442    5/9/2006          Filed
Caesars World, Inc.    Bahamas    Caesars (Series) (block and stylized font)    29441    5/9/2006          Filed
Caesars World, Inc.    Bahamas    Caesars Entertainment with Laurel Design    31659    4/11/2008          Filed

 

33


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    Bahamas    Caesars Entertainment with Laurel Design    31658    4/11/2008          Filed
Caesars World, Inc.    Bahamas    Caesars Entertainment with Laurel Design    31660    4/11/2008          Filed
Caesars World, Inc.    Bahamas    Caesars Palace    5735    2/13/1969    5735    2/13/1969    Registered
Caesars World, Inc.    Bahamas    Caesars Palace (Series) (block & stylized mark)    29440    5/9/2006          Filed
Caesars World, Inc.    Bahamas    Caesars Palace (Series) (block & stylized mark)    29439    5/9/2006          Filed
Caesars World, Inc.    Bahamas    Caesars Palace (Series) (block & stylized mark)    29438    5/9/2006          Filed
Caesars World, Inc.    Bahamas    Caesars Palace (Series) (block & stylized mark)    29437    5/9/2006          Filed
Caesars World, Inc.    Bahamas    Caesars Palace at Sea    13,845    2/14/1990    13,845    2/14/1990    Registered
Caesars World, Inc.    Benelux    Caesars    1118816    9/18/2006    826394    10/5/2007    Registered
Caesars World, Inc.    Benelux    Caesars (Stylized)    1118641    9/18/2006    819486    6/7/2007    Registered
Caesars World, Inc.    Benelux    Caesars Entertainment (Laurel Design)    1157969    4/18/2008          Filed
Caesars World, Inc.    Benelux    Caesars Man    718,568    8/18/1988    451,361    8/18/1988    Registered
Caesars World, Inc.    Benelux    Caesars Man (Stylized)    718,569    8/18/1988    451,362    8/18/1988    Registered
Caesars World, Inc.    Benelux    Caesars Palace    727,320    4/5/1989    458,628    4/5/1989    Registered
Caesars World, Inc.    Benelux    Caesars Palace    1118639    9/18/2006    826393    10/5/2007    Registered
Caesars World, Inc.    Benelux    Caesars Palace (Stylized)    1118640    9/18/2006    826395    10/5/2007    Registered
Caesars World, Inc.    Benelux    Caesars Woman    718,567    8/18/1988    451,360    8/18/1988    Registered
Caesars World, Inc.    Benelux    Caesars Woman (Stylized)    718,570    8/18/1988    451,363    8/18/1988    Registered
Caesars World, Inc.    Bolivia    Caesars    2201420    4/29/2002    93523    3/11/2004    Registered
Caesars World, Inc.    Bolivia    Caesars    2201423    4/29/2002    93525    3/11/2004    Registered
Caesars World, Inc.    Bolivia    Caesars (Stylized)    SM-3382-07    8/14/2007    113159    5/6/2008    Registered
Caesars World, Inc.    Bolivia    Caesars (Stylized)    SM-3383-07    8/14/2007    113139    5/6/2008    Registered
Caesars World, Inc.    Bolivia    Caesars Entertainment (Laurel Design)    SM-1644-2008    4/10/2008    117310    12/15/2008    Registered
Caesars World, Inc.    Bolivia    Caesars Entertainment (Laurel Design)    SM-1645-2008    4/10/2008    117311    12/15/2008    Registered
Caesars World, Inc.    Bolivia    Caesars Palace    2201422    4/29/2002    93529    3/11/2004    Registered
Caesars World, Inc.    Bolivia    Caesars Palace    2201423    4/29/2002    93528    3/11/2004    Registered
Caesars World, Inc.    Bolivia    Caesars Palace (Stylized)    SM-3381-07    8/14/2007    113173    5/6/2008    Registered

 

34


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    Bolivia    Caesars Palace (Stylized)    SM-3384-07    8/14/2007    113149    5/6/2008    Registered
Caesars World, Inc.    Brazil    Caesars    820429740    12/17/1997    820429740    11/16/2005    Registered
Caesars World, Inc.    Brazil    Caesars    200070878    12/17/1997    200070878    11/16/2005    Registered
Caesars World, Inc.    Brazil    Caesars Entertainment (Laurel Design)    829696180    4/15/2008          Filed
Caesars World, Inc.    Brazil    Caesars Entertainment (Laurel Design)    829696377    4/15/2008          Filed
Caesars World, Inc.    Brazil    Caesars Palace    820429759    12/17/1997    820429759    8/9/2005    Registered
Caesars World, Inc.    Brazil    Caesars Palace    200064380    12/17/1997    200064380    8/9/2005    Registered
Caesars World, Inc.    Cambodia    Caesars    33346    3/23/2009          Filed
Caesars World, Inc.    Cambodia    Caesars    33347    3/23/2009          Filed
Caesars World, Inc.    Cambodia    Caesars (Stylized)    33345    3/23/2009          Filed
Caesars World, Inc.    Cambodia    Caesars (Stylized)    33344    3/23/2009          Filed
Caesars World, Inc.    Canada    Augustus Café    1382348    2/6/2008    TMA736,096    3/10/2009    Registered
Caesars World, Inc.    Canada    Bacchanal    1265685    7/21/2005    671348    8/28/2006    Registered
Caesars World, Inc.    Canada    Caesars    603111    3/17/1988    TMA649670    10/5/2005    Registered
Caesars World, Inc.    Canada    Caesars    868,102    2/2/1998    TMA 585,893    7/23/2003    Registered
Caesars World, Inc.    Canada    Caesars    1316094    9/11/2006    704106    1/8/2008    Registered
Caesars World, Inc.    Canada    Caesars (Stylized)    603,112    3/17/1988    TMA 589,240    9/9/2003    Registered
Caesars World, Inc.    Canada    Caesars (Stylized)    868,103    2/2/1998    TMA 585,847    7/23/2003    Registered
Caesars World, Inc.    Canada    Caesars (Stylized)    1316091    9/11/2006    TMA704105    1/8/2008    Registered
Caesars World, Inc.    Canada    Caesars Entertainment    1319132    10/5/2006    697266    9/25/2007    Registered
Caesars World, Inc.    Canada    Caesars Entertainment (Laurel Design)    1386389    3/6/2008          Filed
Caesars World, Inc.    Canada    Caesars Man    613476    8/22/1988    391903    12/20/1991    Registered
Caesars World, Inc.    Canada    Caesars Man (Stylized)    613475    8/22/1988    391902    12/20/1991    Registered
Caesars World, Inc.    Canada    Caesars Palace    868,104    2/2/1998    TMA 585,874    7/23/2003    Registered
Caesars World, Inc.    Canada    Caesars Palace    320,814    3/20/1969    183,979    6/23/1972    Registered
Caesars World, Inc.    Canada    Caesars Palace    429,221    8/31/1978    243,233    4/18/1980    Registered
Caesars World, Inc.    Canada    Caesars Palace    1326615    12/1/2006    702633    12/7/2007    Registered
Caesars World, Inc.    Canada    Caesars Palace (Stylized)    868,105    2/2/1998    541,517    2/26/2001    Registered
Caesars World, Inc.    Canada    Caesars Palace (Stylized)    429,545    9/11/1978    241,450    3/21/1980    Registered
Caesars World, Inc.    Canada    Caesars Palace (Stylized)    1326616    12/1/2006    701452    11/22/2007    Registered

 

35


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    Canada    Caesars Palace (Stylized)    868,101    2/2/1998    540,825    2/6/2001    Registered
Caesars World, Inc.    Canada    Caesars Palace (Stylized) (Vertical)    1326614    12/1/2006    699284    10/23/2007    Registered
Caesars World, Inc.    Canada    Caesars Palace Las Vegas - Nevada (Grape Girl Design)    429,285    9/1/1978    240,749    3/7/1980    Registered
Caesars World, Inc.    Canada    Caesars Windsor & Roman Head w/Laurel    1355482    7/12/2007          Filed
Caesars World, Inc.    Canada    Caesars Woman    613477    8/22/1988    391904    12/20/1991    Registered
Caesars World, Inc.    Canada    Caesars Woman (Stylized)    613478    8/22/1988    392221    12/27/1991    Registered
Caesars World, Inc.    Canada    Circus Maximus    1265684    7/21/2005    671347    8/28/2006    Registered
Caesars World, Inc.    Canada    Colosseum    1265677    7/21/2005    671349    8/28/2006    Registered
Caesars World, Inc.    Canada    Colosseum Slots (Design)    1265676    7/21/2005    670237    8/17/2006    Registered
Caesars World, Inc.    Canada    Ferentina    761,062    8/9/1994    503,891    11/9/1998    Registered
Caesars World, Inc.    Canada    Request    762,960    9/1/1994    491,091    3/10/1998    Registered
Caesars World, Inc.    Canada    The Forum Shops at Caesars    1265678    7/21/2005    671345    8/28/2006    Registered
Caesars World, Inc.    Canada    The Life You Were Meant To Live    1389985    4/3/2008          Filed
Caesars World, Inc.    Chile    Caesars    707884    10/20/2005          Filed
Caesars World, Inc.    Chile    Caesars Entertainment (Laurel Design)    815497    4/14/2008          Filed
Caesars World, Inc.    Chile    Caesars Palace    707885    10/20/2005          Filed
Caesars World, Inc.    Chile    Caesars Palace (Stylized)    707886    10/20/2005          Filed
Caesars World, Inc.    China    Caesars    5360758    5/19/2006          Filed
Caesars World, Inc.    China    Caesars    5360759    5/19/2006          Filed
Caesars World, Inc.    China    Caesars    93094280    9/30/1993    773,209    12/7/1994    Registered
Caesars World, Inc.    China    Caesars    93094282    9/30/1993    777,388    2/7/1995    Registered
Caesars World, Inc.    China    Caesars    5398759    6/5/2006          Filed
Caesars World, Inc.    China    Caesars    6574994    3/3/2008          Filed
Caesars World, Inc.    China    Caesars    6555917    2/18/2008          Filed
Caesars World, Inc.    China    Caesars    6574995    3/3/2008          Filed
Caesars World, Inc.    China    Caesars (Chinese Characters)    94107922    10/22/1994    883916    10/14/1996    Registered
Caesars World, Inc.    China    Caesars (Chinese Characters)    94107921    10/22/1994    883813    10/14/1996    Registered
Caesars World, Inc.    China    Caesars (Stylized)    5297144    4/18/2006          Filed
Caesars World, Inc.    China    Caesars (Stylized)    5297145    4/18/2006          Filed

 

36


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    China    Caesars (Stylized)    5398758    6/5/2006          Filed
Caesars World, Inc.    China    Caesars (Stylized)    5297143    4/18/2006          Filed
Caesars World, Inc.    China    Caesars Entertainment    3698597    9/2/2003    3698597    5/7/2006    Registered
Caesars World, Inc.    China    Caesars Entertainment    3698599    9/2/2003    3698599    9/14/2005    Registered
Caesars World, Inc.    China    Caesars Entertainment    3,698,598    9/2/2003    3698598    1/21/2006    Registered
Caesars World, Inc.    China    Caesars Entertainment (Stylized)    3,698,602    9/2/2003    3698602    1/21/2006    Registered
Caesars World, Inc.    China    Caesars Entertainment (Stylized)    3698601    9/2/2003    3698601    9/14/2005    Registered
Caesars World, Inc.    China    Caesars Entertainment (Stylized)    3698600    9/2/2003    3698600    6/28/2006    Registered
Caesars World, Inc.    China    Caesars Entertainment (Laurel Design)    6731110    5/19/2008          Filed
Caesars World, Inc.    China    Caesars Entertainment (Laurel Design)    6731109    5/19/2008          Filed
Caesars World, Inc.    China    Caesars Golf & Design       2/6/2009          Filed
Caesars World, Inc.    China    Caesars Palace    5399090    6/5/2006          Filed
Caesars World, Inc.    China    Caesars Palace    5231724    3/22/2006          Filed
Caesars World, Inc.    China    Caesars Palace    93094359    9/30/1993    777,387    2/7/1995    Registered
Caesars World, Inc.    China    Caesars Palace    93094358    9/30/1993    773,208    12/7/1994    Registered
Caesars World, Inc.    China    Caesars Palace (Stylized)    5778803    12/11/2006          Filed
Caesars World, Inc.    China    Caesars Palace (Stylized)    5778825    12/11/2006          Filed
Caesars World, Inc.    China    CG (Logo)       2/6/2009          Filed
Caesars World, Inc.    Colombia    Caesars    2001/094377    11/1/2001    258925    11/21/2002    Registered
Caesars World, Inc.    Colombia    Caesars (Stylized)    2.005E+09    11/16/2005    319439    7/28/2006    Registered
Caesars World, Inc.    Colombia    Caesars Entertainment (Laurel Design)    2008.036.797    4/11/2008    369387    12/24/2008    Registered
Caesars World, Inc.    Colombia    Caesars Entertainment (Laurel Design)    2008.036.764    4/11/2008          Filed
Caesars World, Inc.    Colombia    Caesars Palace    2001/094.379    11/1/2001    258,969    12/18/2002    Registered
Caesars World, Inc.    Colombia    Caesars Palace (Stylized)    2006.011.087    2/6/2006    320984    8/31/2006    Registered
Caesars World, Inc.    Costa Rica    Caesars    1996-4545    6/18/1996    105,722    2/3/1998    Registered
Caesars World, Inc.    Costa Rica    Caesars Entertainment (Laurel Design)    2008-0003450    4/15/2008    184313    1/16/2009    Registered
Caesars World, Inc.    Costa Rica    Caesars Entertainment (Laurel Design)    2008-0003442    4/15/2008    181433    10/24/2008    Registered
Caesars World, Inc.    Costa Rica    Caesars Palace    1996-4536    6/18/1996    99,097    1/22/1997    Registered

 

37


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    Costa Rica    Caesars Palace    1996-4537    6/18/1996    99,088    1/22/1997    Registered
Caesars World, Inc.    Croatia    Caesars    Z20080169A    1/29/2008          Filed
Caesars World, Inc.    Croatia    Caesars (Stylized)    Z20080170A    1/29/2008          Filed
Caesars World, Inc.    Croatia    Caesars Entertainment (Laurel Design)    P20080781A    4/15/2008          Filed
Caesars World, Inc.    Croatia    Caesars Palace    Z20080171A    1/29/2008          Filed
Caesars World, Inc.    Croatia    Caesars Palace (Stylized)    Z20080172A    1/29/2008          Filed
Caesars World, Inc.    Czech Republic    Caesars Entertainment (Laurel Design)    O-458510    4/24/2008    300301    9/3/2008    Registered
Caesars World, Inc.    Egypt    Caesars    226511    1/25/2009          Filed
Caesars World, Inc.    Egypt    Caesars    226512    1/25/2009          Filed
Caesars World, Inc.    Egypt    Caesars (Stylized)    226513    1/25/2009          Filed
Caesars World, Inc.    Egypt    Caesars (Stylized)    226514    1/25/2009          Filed
Caesars World, Inc.    Egypt    Caesars Entertainment (Laurel Design)    215456    4/16/2008          Filed
Caesars World, Inc.    Egypt    Caesars Entertainment (Laurel Design)    215457    4/16/2008          Filed
Caesars World, Inc    Egypt    Roman Head with Laurel Leaf (Design)    230494    4/26/2009          Filed
Caesars World, Inc    Egypt    Roman Head with Laurel Leaf (Design)    230495    4/26/2009          Filed
Caesars World, Inc.    European Union    Caesars    3198009    6/2/2003    3198009    10/21/2004    Registered
Caesars World, Inc.    European Union    Caesars    154955    4/1/1996    154955    12/7/2005    Registered
Caesars World, Inc.    European Union    Caesars    6866321    4/25/2008          Filed
Caesars World, Inc.    European Union    Caesars (Stylized)    3198033    6/2/2003    3198033    10/21/2004    Registered
Caesars World, Inc.    European Union    Caesars (Stylized)    154971    4/1/1996    154971    12/7/2005    Registered
Caesars World, Inc.    European Union    Caesars Entertainment    3262946    7/16/2003    3262946    7/30/2008    Registered
Caesars World, Inc.    European Union    Caesars Entertainment (Stylized)    3310968    8/12/2003    3310968    9/18/2008    Registered
Caesars World, Inc.    European Union    Caesars Entertainment (Laurel Design)    6737399    3/7/2008          Filed
Caesars World, Inc.    European Union    Caesars Palace    3197985    6/2/2003          Filed
Caesars World, Inc.    European Union    Caesars Palace    155002    4/1/1996    155002    12/7/2005    Registered
Caesars World, Inc.    European Union    Caesars Palace (Stylized)    3198041    6/2/2003          Filed
Caesars World, Inc.    European Union    Caesars Palace (Stylized)    155028    4/1/1996    155028    12/7/2005    Registered
Caesars World, Inc.    European Union    Colosseum at Caesars    5286497    8/31/2006    5286497    8/30/2007    Registered

 

38


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    European Union    Roman Head (Design)    4053229    10/1/2004    4053229    12/7/2005    Registered
Caesars World, Inc.    European Union    Roman Head with Laurel Leaf (Design)    4053211    10/1/2004    4053211    12/7/2005    Registered
Caesars World, Inc.    France    Caesars    914,433    3/18/1988    1455133    3/18/1988    Registered
Caesars World, Inc.    France    Caesars (Stylized)    914436    3/18/1988    1455135    3/18/1988    Registered
Caesars World, Inc.    France    Caesars Man    949,639    8/19/1988    1,483,637    8/19/1988    Registered
Caesars World, Inc.    France    Caesars Man (Stylized)    949,637    8/19/1988    1,483,635    8/19/1988    Registered
Caesars World, Inc.    France    Caesars Palace    5,721    1/23/1969    1,509,939    1/23/1969    Registered
Caesars World, Inc.    France    Caesars Woman    949640    8/19/1988    1,483,638    8/19/1988    Registered
Caesars World, Inc.    France    Caesars Woman (Stylized)    949,638    8/19/1988    1,438,636    8/19/1988    Registered
Caesars World, Inc.    Germany    Caesar    395048508    2/6/1995    39504850    1/15/1996    Registered
Caesars World, Inc.    Germany    Caesar Exclusiv & Design    W 32470 25WZ    6/25/1982    1044337    2/3/1983    Registered
Caesars World, Inc.    Germany    Caesars    303 26 462.4/43    5/23/2003    303 26 462    6/30/2003    Registered
Caesars World, Inc.    Germany    Caesars    307 83 620.7/41    12/27/2007    307 83 620.7    6/18/2008    Registered
Caesars World, Inc.    Germany    Caesars (Stylized)    303 26 464.0/43    5/23/2003    303 26 464    7/10/2003    Registered
Caesars World, Inc.    Germany    Caesars (Stylized)    307 83 621.5/41    12/27/2007    307 83 621.5    6/18/2008    Registered
Caesars World, Inc.    Germany    Caesars Palace    303 26 463.2/43    5/23/2003    303 26 463    6/30/2003    Registered
Caesars World, Inc.    Germany    Caesars Palace (Stylized)    303 26 465.9/43    5/22/2003    303 26 465    7/10/2003    Registered
Caesars World, Inc.    Greece    Caesars    114,945    7/6/1993    114,945    12/19/1995    Registered
Caesars World, Inc.    Greece    Caesars (Stylized)    114,946    7/6/1993    114,946    2/19/1995    Registered
Caesars World, Inc.    Greece    Caesars Palace    128313    2/13/1996    128313    3/17/1997    Registered
Caesars World, Inc.    Greece    Caesars Palace (Stylized)    128314    2/13/1996    128314    3/17/1997    Registered
Caesars World, Inc.    Honduras    Caesars    6382-2000    5/2/2000    7,675    5/29/2001    Registered
Caesars World, Inc.    Honduras    Caesars    6380-2000    5/2/2000    7,674    5/29/2001    Registered
Caesars World, Inc.    Honduras    Caesars Entertainment (Laurel Design)    13183-2008    4/15/2008    14118    11/7/2008    Registered
Caesars World, Inc.    Honduras    Caesars Entertainment (Laurel Design)    13184-2008    4/15/2008    14120    11/14/2008    Registered
Caesars World, Inc.    Honduras    Caesars Palace    6381-2000    5/2/2000    7,672    5/29/2001    Registered
Caesars World, Inc.    Honduras    Caesars Palace    6383-2000    5/2/2000    7,673    5/29/2001    Registered
Caesars World, Inc.    Hong Kong    Caesars    301271646    1/13/2009          Filed
Caesars World, Inc.    Hong Kong    Caesars       9/18/1987    19893277AA    9/18/1987    Registered
Caesars World, Inc.    Hong Kong    Caesars (Series) (block and stylized font)    300714438AB    9/4/2006    300714438AB    9/4/2006    Registered

 

39


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    Hong Kong    Caesars (Series) (block and stylized font)    300714438AA    9/4/2006          Filed
Caesars World, Inc.    Hong Kong    Caesars Entertainment (Laurel Design)    301091970    4/11/2008          Filed
Caesars World, Inc.    Hong Kong    Caesars Golf & Design    301271664    1/13/2009          Filed
Caesars World, Inc.    Hong Kong    Caesars Man    301173276    8/1/2008    301173276    8/1/2008    Registered
Caesars World, Inc.    Hong Kong    Caesars Man (Stylized)    301173285    8/1/2008    301173285    8/1/2008    Registered
Caesars World, Inc.    Hong Kong    Caesars Palace    1641/1976    11/15/1976    19790255    11/15/1976    Registered
Caesars World, Inc.    Hong Kong    Caesars Palace (Series) (block & stylized mark)    300714429    9/4/2006    300714429    9/4/2006    Registered
Caesars World, Inc.    Hong Kong    Caesars Palace (Series) (block & stylized mark)    9208390    3/2/1992    199700361    3/2/1992    Registered
Caesars World, Inc.    Hong Kong    Caesars Palace (Series) (block & stylized mark)    9208391    3/2/1992    199704585    3/2/1992    Registered
Caesars World, Inc.    Hong Kong    Caesars Palace (Stylized)    0256/1979    11/15/1976    19790256    11/15/1976    Registered
Caesars World, Inc.    Hong Kong    Caesars Woman    301173294    8/1/2008    301173294    8/1/2008    Registered
Caesars World, Inc.    Hong Kong    Caesars Woman (Stylized)    301173302    8/1/2008    301173302    8/1/2008    Registered
Caesars World, Inc.    Hong Kong    CG (Logo)    301271655    1/13/2009          Filed
Caesars World, Inc.    Hungary    Caesars Entertainment (Laurel Design)    M0801580    5/6/2008          Filed
Caesars World, Inc.    India    Caesars    1468352    7/10/2006          Filed
Caesars World, Inc.    India    Caesars (Stylized)    1468353    7/10/2006          Filed
Caesars World, Inc.    India    Caesars Entertainment (Laurel Design)    1675553    4/11/2008          Filed
Caesars World, Inc.    India    Caesars Palace    1468349    7/10/2006          Filed
Caesars World, Inc.    India    Caesars Palace (Stylized)    1468351    7/10/2006          Filed
Caesars World, Inc.    Indonesia    Caesars Entertainment (Laurel Design)    J00 2008 014077    4/21/2008          Filed
Caesars World, Inc.    Indonesia    Caesars Entertainment (Laurel Design)    J00 2008 014075    4/21/2008          Filed
Caesars World, Inc.    Indonesia    Caesars Man    D000200210211319    5/20/2002    537310    5/22/2003    Registered
Caesars World, Inc.    Indonesia    Caesars Man (Stylized)    D0020021020910317    5/20/2002    537309    5/22/2003    Registered
Caesars World, Inc.    Indonesia    Caesars Woman    D0020021020710315    5/20/2002    537307    5/22/2003    Registered
Caesars World, Inc.    Indonesia    Caesars Woman (Stylized)    D0020021020810316    5/20/2002    537308    5/22/2003    Registered
Caesars World, Inc.    Israel    Caesars Entertainment (Laurel Design)    210615    4/15/2008          Filed

 

40


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    Israel    Caesars Entertainment (Laurel Design)    210612    4/15/2008          Filed
Caesars World, Inc.    Israel    Caesars Palace    125773    2/15/1999    125773    2/15/1999    Registered
Caesars World, Inc.    Italy    Caesars    18873C/88    3/18/1988    830005    3/19/1990    Registered
Caesars World, Inc.    Italy    caesars (lower case)    MI95C002312    3/7/1995    733,616    3/7/1995    Registered
Caesars World, Inc.    Italy    Caesars (Stylized)    18872C/88    3/18/1988    830004    3/18/1990    Registered
Caesars World, Inc.    Italy    Caesars Man    23500C/88    8/18/1988    535,555    11/2/1990    Registered
Caesars World, Inc.    Italy    Caesars Man (Stylized)    23502C/88    8/18/1988    539,496    1/31/1991    Registered
Caesars World, Inc.    Italy    Caesars Palace    T099C000143    1/23/1969    871500    1/23/1969    Registered
Caesars World, Inc.    Italy    Caesars Woman    23501C/88    8/18/1988    535,556    11/2/1990    Registered
Caesars World, Inc.    Italy    Caesars Woman (Stylized)    23503C/88    8/18/1988    539,497    1/31/1991    Registered
Caesars World, Inc.    Jamaica    Caesars    28,046    2/16/1993    28,046    2/16/1993    Registered
Caesars World, Inc.    Jamaica    Caesars    26,546    2/16/1993    26,546    2/16/1993    Registered
Caesars World, Inc.    Jamaica    Caesars    28,718    2/16/1993    28,718    2/16/1993    Registered
Caesars World, Inc.    Jamaica    Caesars    26,105    2/16/1993    26,105    2/16/1993    Registered
Caesars World, Inc.    Jamaica    Caesars    26,484    2/16/1993    26,484    2/16/1993    Registered
Caesars World, Inc.    Jamaica    Caesars    29,820    2/16/1993    B 29,820    2/16/1993    Registered
Caesars World, Inc.    Jamaica    Caesars    26,048    2/16/1993    26,048    2/16/1993    Registered
Caesars World, Inc.    Jamaica    Caesars    Mar-76    2/16/1993    28,803    2/16/1993    Registered
Caesars World, Inc.    Jamaica    Caesars    28,706    2/16/1993    28,706    2/16/1993    Registered
Caesars World, Inc.    Jamaica    Caesars (Stylized)    27,222    2/16/1993    27,222    2/16/1993    Registered
Caesars World, Inc.    Jamaica    Caesars (Stylized)    26,521    2/16/1993    26,521    2/16/1993    Registered
Caesars World, Inc.    Jamaica    Caesars (Stylized)    26,952    2/16/1993    B 26,952    2/16/1993    Registered
Caesars World, Inc.    Jamaica    Caesars (Stylized)    26,545    2/16/1993    26,545    2/16/1993    Registered
Caesars World, Inc.    Jamaica    Caesars (Stylized)    26,155    2/16/1993    26,155    2/16/1993    Registered
Caesars World, Inc.    Jamaica    Caesars (Stylized)    26,561    2/16/1993    26,561    2/16/1993    Registered
Caesars World, Inc.    Jamaica    Caesars (Stylized)    34,641    2/16/1993    34,641    2/16/1993    Registered

Caesars World, Inc.

   Jamaica    Caesars (Stylized)    28,045    2/16/1993    28,045    2/16/1993    Registered

Caesars World, Inc.

   Jamaica    Caesars (Stylized)    26,302    2/16/1993    26,302    2/16/1993    Registered

Caesars World, Inc.

   Japan    Caesars    30803/88    3/18/1988    2,229,726    5/31/1990    Registered

Caesars World, Inc.

   Japan    Caesars    30808/88    3/18/1988    2,276,145    10/31/1990    Registered

Caesars World, Inc.

   Japan    Caesars    2009-002830    1/19/2009          Filed

 

41


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    Japan    Caesars (in Katakana Characters)    47307/88    4/25/1988    2,292,060    12/26/1990    Registered
Caesars World, Inc.    Japan    Caesars (Stylized)    30812/88    3/18/1988    2,268,614    9/21/1990    Registered
Caesars World, Inc.    Japan    Caesars (Stylized)    2003-106121    11/17/2003    4920617    1/13/2006    Registered
Caesars World, Inc.    Japan    Caesars (Stylized)    2003-076164    8/21/2003    4,803,074    9/17/2004    Registered
Caesars World, Inc.    Japan    Caesars + Katakana    2003-106122    11/17/2003    4920618    1/13/2006    Registered
Caesars World, Inc.    Japan    Caesars + Katakana    2003-076163    8/21/2003    4,803,073    9/17/2004    Registered
Caesars World, Inc.    Japan    Caesars Entertainment (Stylized)    2003-076142    8/21/2003    4,803,070    9/17/2004    Registered
Caesars World, Inc.    Japan    Caesars Entertainment + Katakana    2003-106118    11/17/2003    4,792,067    8/6/2004    Registered
Caesars World, Inc.    Japan    Caesars Entertainment + Katakana    2003-076161    8/21/2003    4,803,071    9/17/2004    Registered
Caesars World, Inc.    Japan    Caesars Entertainment (Laurel Design)    2008-030334    4/17/2008          Filed
Caesars World, Inc.    Japan    Caesars Golf & Design    2009-002832    1/19/2009          Filed
Caesars World, Inc.    Japan    Caesars Palace (Stylized)    2003-106119    11/17/2003    4,862,865    5/13/2005    Registered
Caesars World, Inc.    Japan    Caesars Palace (Stylized)    2007-044834    5/7/2007    5162559    8/29/2008    Registered
Caesars World, Inc.    Japan    Caesars Palace (Stylized) (Vertical)    2003-076162    8/21/2003    4,803,072    9/17/2004    Registered
Caesars World, Inc.    Japan    Caesars Palace + Katakana    2003-106120    11/17/2003    4,862,866    5/13/2005    Registered
Caesars World, Inc.    Japan    Caesars Palace + Katakana    2003-076165    8/21/2003    4,803,075    9/17/2004    Registered
Caesars World, Inc.    Japan    CG (Logo)    2009-002831    1/19/2009          Filed
Caesars World, Inc.    Macao    Caesars    N016604    4/6/2005    N016604    5/8/2006    Registered
Caesars World, Inc.    Macao    Caesars    N012442    11/7/2003    N012442    3/9/2004    Registered
Caesars World, Inc.    Macao    Caesars    N012443    11/7/2003    N012443    3/9/2004    Registered
Caesars World, Inc.    Macao    Caesars    N012444    11/7/2003    N012444    3/9/2004    Registered
Caesars World, Inc.    Macao    Caesars    N012445    11/7/2003    N012445    3/9/2004    Registered
Caesars World, Inc.    Macao    Caesars    N012446    11/7/2003    N012446    3/9/2004    Registered
Caesars World, Inc.    Macao    Caesars    N012447    11/7/2003    N012447    3/9/2004    Registered
Caesars World, Inc.    Macao    Caesars    N012448    11/7/2003    N012448    3/9/2004    Registered
Caesars World, Inc.    Macao    Caesars    N012449    11/7/2003    N012449    3/9/2004    Registered
Caesars World, Inc.    Macao    Caesars    N/30639    8/17/2007    N/030639    2/25/2008    Registered
Caesars World, Inc.    Macao    Caesars    N/33375    1/10/2008    N/03375    7/23/2008    Registered
Caesars World, Inc.    Macao    Caesars    N/33374    1/10/2008    N/33374    7/23/2008    Registered

 

42


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    Macao    Caesars    N/30640    8/17/2007    N/030640    2/25/2008    Registered
Caesars World, Inc.    Macao    Caesars (Chinese Characters)    N/41078    1/22/2009          Filed
Caesars World, Inc.    Macao    Caesars (Chinese Characters)    N/41077    1/22/2009          Filed
Caesars World, Inc.    Macao    Caesars (Chinese Characters)    N/40006    11/7/2008          Filed
Caesars World, Inc.    Macao    Caesars (Chinese Characters)    N/40377    12/1/2008          Filed
Caesars World, Inc.    Macao    Caesars (Stylized)    N/24103    9/7/2006    N/24103    3/28/2007    Registered
Caesars World, Inc.    Macao    Caesars (Stylized)    N/41081    1/22/2009          Filed
Caesars World, Inc.    Macao    Caesars (Stylized)    N/41080    1/22/2009          Filed
Caesars World, Inc.    Macao    Caesars (Stylized)    N/24104    9/7/2006    N/24104    3/28/2007    Registered
Caesars World, Inc.    Macao    Caesars Entertainment    N012437    11/7/2003    N012437    3/9/2004    Registered
Caesars World, Inc.    Macao    Caesars Entertainment    N012438    11/7/2003    N012438    3/9/2004    Registered
Caesars World, Inc.    Macao    Caesars Entertainment    N012439    11/7/2003    N012439    3/9/2004    Registered
Caesars World, Inc.    Macao    Caesars Entertainment    N012440    11/7/2003    N012440    3/9/2004    Registered
Caesars World, Inc.    Macao    Caesars Entertainment    N012441    11/7/2003    N012441    3/9/2004    Registered
Caesars World, Inc.    Macao    Caesars Entertainment    N012435    11/7/2003    N012435    3/9/2004    Registered
Caesars World, Inc.    Macao    Caesars Entertainment    N012434    11/7/2003    N012434    3/9/2004    Registered
Caesars World, Inc.    Macao    Caesars Entertainment    N012436    11/7/2003    N012436    3/9/2004    Registered
Caesars World, Inc.    Macao    Caesars Entertainment    N016605    4/6/2005    N016605    8/8/2005    Registered
Caesars World, Inc.    Macao    Caesars Entertainment (Chinese Characters)    N012454    11/10/2003    N012454    3/9/2004    Registered
Caesars World, Inc.    Macao    Caesars Entertainment (Chinese Characters)    N012455    11/10/2003    N012455    3/9/2004    Registered
Caesars World, Inc.    Macao    Caesars Entertainment (Laurel Design)    N/35379    4/16/2008    N/35379    10/30/2008    Registered
Caesars World, Inc.    Macao    Caesars Entertainment (Laurel Design)    N/35380    4/16/2008    N/35380    10/30/2008    Registered
Caesars World, Inc.    Macao    Caesars Golf Macau and Design w/Chinese    N/41074    1/22/2009          Filed
Caesars World, Inc.    Macao    Caesars Golf Macau and Design w/Chinese    N/40007    11/7/2008          Filed
Caesars World, Inc.    Macao    Caesars Golf Macau and Design w/Chinese    N/40378    12/1/2008          Filed
Caesars World, Inc.    Macao    Caesars Palace    9026    12/7/2001    N009026    4/11/2002    Registered
Caesars World, Inc.    Macao    Caesars Palace    9027    12/7/2001    N009027    4/11/2002    Registered

 

43


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    Macao    Caesars Palace    9028    12/7/2001    N009028    4/11/2002    Registered
Caesars World, Inc.    Macao    Caesars Palace    N/30641    8/17/2007    N/030641    2/25/2008    Registered
Caesars World, Inc.    Macao    Caesars Palace    N/30642    8/17/2007    N/030642    2/25/2008    Registered
Caesars World, Inc.    Macao    Caesars Palace (Stylized)    N/24105    9/7/2006    N/24105    3/28/2007    Registered
Caesars World, Inc.    Macao    Caesars Palace (Stylized)    N/41079    1/22/2009          Filed
Caesars World, Inc.    Macao    Caesars Palace (Stylized)    N/24106    9/7/2006    N/24106    3/28/2007    Registered
Caesars World, Inc.    Macao    Caesars World    9025    12/7/2001    N009025    4/11/2002    Registered
Caesars World, Inc.    Macao    Caesars World    9024    12/7/2001    N009024    4/11/2002    Registered
Caesars World, Inc.    Macao    CG (Logo)    N/41076    1/22/2009          Filed
Caesars World, Inc.    Macao    CG (Logo)    N/40005    11/7/2008          Filed
Caesars World, Inc.    Macao    CG (Logo)    N/40376    12/1/2008          Filed
Caesars World, Inc.    Macao    Colosseum    N/41075    1/22/2009          Filed
Caesars World, Inc.    Macao    Forum Shops    N/41086    1/22/2009          Filed
Caesars World, Inc.    Macao    Forum Shops    N/41085    1/22/2009          Filed
Caesars World, Inc.    Macao    Forum Shops    N/41087    1/22/2009          Filed
Caesars World, Inc.    Malaysia    Caesars Entertainment (Laurel Design)    8007302    4/15/2008          Filed
Caesars World, Inc.    Malaysia    Caesars Entertainment (Laurel Design)    8007303    4/15/2008          Filed
Caesars World, Inc.    Malaysia    Caesars Man    90/04464    7/13/1990    90/04464    9/13/1995    Registered
Caesars World, Inc.    Malaysia    Caesars Woman    90/04465    7/13/1990    90/04465    9/13/1995    Registered
Caesars World, Inc.    Mexico    Caesars    643759    2/25/2004    866849    2/25/2004    Registered
Caesars World, Inc.    Mexico    Caesars    646517    3/12/2004    882918    3/12/2004    Registered
Caesars World, Inc.    Mexico    Caesars    643760    2/25/2004    865297    2/25/2004    Registered
Caesars World, Inc.    Mexico    Caesars    643761    2/25/2004    866850    2/25/2004    Registered
Caesars World, Inc.    Mexico    Caesars    643762    2/25/2004    825234    3/16/2004    Registered
Caesars World, Inc.    Mexico    Caesars    279437    11/11/1990    537329    11/26/1996    Registered
Caesars World, Inc.    Mexico    Caesars    617015    8/29/2003    831231    4/20/2004    Registered
Caesars World, Inc.    Mexico    Caesars    820483    11/17/2006    1028041    2/29/2008    Registered
Caesars World, Inc.    Mexico    Caesars    820482    11/17/2006    1085226    2/18/2009    Registered
Caesars World, Inc.    Mexico    Caesars    823082    12/4/2006    1028042    2/29/2008    Registered
Caesars World, Inc.    Mexico    Caesars    865508    7/2/2007          Filed
Caesars World, Inc.    Mexico    Caesars (Stylized)    894041    11/6/2007    1025319    2/21/2008    Registered

 

44


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    Mexico    Caesars (Stylized)    894040    11/6/2007    1030745    3/18/2008    Registered
Caesars World, Inc.    Mexico    Caesars (Stylized)    865507    7/2/2007          Filed
Caesars World, Inc.    Mexico    Caesars (Stylized)    823085    12/4/2006    1028043    2/29/2008    Registered
Caesars World, Inc.    Mexico    Caesars Entertainment    613606    8/7/2003    806226    9/8/2003    Registered
Caesars World, Inc.    Mexico    Caesars Entertainment    613607    8/7/2003    808698    10/8/2003    Registered
Caesars World, Inc.    Mexico    Caesars Entertainment    818179    11/8/2006    1034000    4/3/2008    Registered
Caesars World, Inc.    Mexico    Caesars Entertainment (Laurel Design)    926880    4/15/2008          Filed
Caesars World, Inc.    Mexico    Caesars Entertainment (Laurel Design)    926884    4/15/2008          Filed
Caesars World, Inc.    Mexico    Caesars Man    635102    12/18/2003    830657    4/19/2004    Registered
Caesars World, Inc.    Mexico    Caesars Man (Stylized)    635104    12/18/2003    826245    3/24/2004    Registered
Caesars World, Inc.    Mexico    Caesars Palace    4158    1/6/1986    317598    9/23/1986    Registered
Caesars World, Inc.    Mexico    Caesars Palace    823083    12/4/2006    1031158    12/4/2006    Registered
Caesars World, Inc.    Mexico    Caesars Palace    865506    7/2/2007          Filed
Caesars World, Inc.    Mexico    Caesars Palace (Stylized)    727979    7/12/2005    994853    7/25/2007    Registered
Caesars World, Inc.    Mexico    Caesars Palace (Stylized)    4161    1/6/1986    319170    11/12/1986    Registered
Caesars World, Inc.    Mexico    Caesars Palace (Stylized)    4126    1/6/1986    317599    9/23/1986    Registered
Caesars World, Inc.    Mexico    Caesars Palace (Stylized)    280529    11/22/1996    540508    1/29/1997    Registered
Caesars World, Inc.    Mexico    Caesars Palace (Stylized)    823084    12/4/2006    1029539    3/11/2008    Registered
Caesars World, Inc.    Mexico    Caesars Palace (Stylized)    865509    7/2/2007          Filed
Caesars World, Inc.    Mexico    Caesars Woman    635103    12/18/2003    830658    4/19/2004    Registered
Caesars World, Inc.    Mexico    El Palacio Del Cesar    537,355    3/11/2002    788,367    4/28/2003    Registered
Caesars World, Inc.    Morocco    Caesars Entertainment (Laurel Design)    117214    5/12/2008          Filed
Caesars World, Inc.    Netherlands Antilles    Caesars    D-354    7/29/2003    9525    8/15/2002    Registered
Caesars World, Inc.    Netherlands Antilles    Caesars (Stylized)    D-353    7/29/2003    9579    8/15/2002    Registered
Caesars World, Inc.    New Zealand    Caesars Entertainment (Laurel Design)    787464    4/11/2008    787464    4/11/2008    Registered
Caesars World, Inc.    Panama    Caesars    81700    7/5/1996    81700-02    7/5/1996    Registered
Caesars World, Inc.    Panama    Caesars    81701    7/5/1996    81701-01    7/5/1996    Registered
Caesars World, Inc.    Panama    Caesars    81692    7/5/1996    81692    7/5/1996    Registered
Caesars World, Inc.    Panama    Caesars    81700    7/5/1996    81700-01    7/5/1996    Registered
Caesars World, Inc.    Panama    Caesars    81701    7/5/1996    81701-02    7/5/1996    Registered

 

45


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    Panama    Caesars (Stylized)    81699    7/5/1996    81699-02    7/5/1996    Registered
Caesars World, Inc.    Panama    Caesars (Stylized)    81691    7/5/1996    81691    7/5/2006    Registered
Caesars World, Inc.    Panama    Caesars (Stylized)    81699-01    7/5/1996    81699-01    7/5/1996    Registered
Caesars World, Inc.    Panama    Caesars (Stylized)    81694    7/5/1996    81694-01    7/5/1996    Registered
Caesars World, Inc.    Panama    Caesars (Stylized)    81694    7/5/1996    81694-02    7/5/1996    Registered
Caesars World, Inc.    Panama    Caesars Entertainment (Laurel Design)    170896    5/7/2008          Filed
Caesars World, Inc.    Panama    Caesars Entertainment (Laurel Design)    170895    5/7/2008          Filed
Caesars World, Inc.    Panama    Caesars Palace    81703    7/5/1996    81703-02    7/5/1996    Registered
Caesars World, Inc.    Panama    Caesars Palace    81695    7/5/1996    81695-02    7/5/1996    Registered
Caesars World, Inc.    Panama    Caesars Palace (Stylized)    87739    5/23/1997    87739    5/23/1997    Registered
Caesars World, Inc.    Panama    Caesars Palace (Stylized)    81698    7/5/1996    81698-02    7/5/1996    Registered
Caesars World, Inc.    Panama    Caesars Palace (Stylized)    81704    7/5/1996    81704-02    7/5/1996    Registered
Caesars World, Inc.    Peru    Caesars Entertainment (Laurel Design)    350710    4/16/2008          Filed
Caesars World, Inc.    Peru    Caesars Entertainment (Laurel Design)    350976    4/16/2008          Filed
Caesars World, Inc.    Philippines    Caesars    4.2E+09    1/26/1998    4.2E+09    8/28/2005    Registered
Caesars World, Inc.    Philippines    Caesars    4.2E+10    1/26/1998    4.2E+10    12/25/2005    Registered
Caesars World, Inc.    Philippines    Caesars (Stylized)    4.2E+09    1/26/1998    4.2E+09    1/20/2003    Registered
Caesars World, Inc.    Philippines    Caesars (Stylized)    4.2E+10    1/26/1998    4.2E+10    12/25/2005    Registered
Caesars World, Inc.    Philippines    Caesars Entertainment (Laurel Design)    4-2008-004544    4/22/2008          Filed
Caesars World, Inc.    Philippines    Caesars Palace    4.2E+10    1/26/1998    4.2E+10    2/18/2006    Registered
Caesars World, Inc.    Philippines    Caesars Palace    4.2E+10    1/26/1998    4.2E+10    2/18/2006    Registered
Caesars World, Inc.    Philippines    Caesars Palace (Stylized)    4.2E+10    1/26/1998    4.2E+10    2/18/2006    Registered
Caesars World, Inc.    Philippines    Caesars Palace (Stylized)    4.2E+10    1/26/1998    4.2E+10    2/18/2006    Registered
Caesars World, Inc.    Puerto Rico    Caesars    8484    12/7/2005    8484    12/7/2005    Registered
Caesars World, Inc.    Puerto Rico    Caesars    8479    12/7/2005    8479    12/7/2005    Registered
Caesars World, Inc.    Puerto Rico    Caesars    67444    10/17/2005    67444    10/17/2005    Registered
Caesars World, Inc.    Puerto Rico    Caesars    67445    10/17/2005    67445    10/17/2005    Registered
Caesars World, Inc.    Puerto Rico    Caesars (Stylized)    8485    12/7/2005    8485    12/7/2005    Registered
Caesars World, Inc.    Puerto Rico    Caesars (Stylized)    8483    12/7/2005    8483    12/7/2005    Registered
Caesars World, Inc.    Puerto Rico    Caesars (Stylized)    67450    10/17/2005    67450    10/17/2005    Registered

 

46


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    Puerto Rico    Caesars (Stylized)    67451    10/17/2005    67451    10/17/2005    Registered
Caesars World, Inc.    Puerto Rico    Caesars Entertainment (Laurel Design)       5/8/2008          Filed
Caesars World, Inc.    Puerto Rico    Caesars Entertainment (Laurel Design)       5/8/2008          Filed
Caesars World, Inc.    Puerto Rico    Caesars Palace    5832    12/15/1972    5832    2/22/1973    Registered
Caesars World, Inc.    Puerto Rico    Caesars Palace    67446    10/17/2005    67446    10/17/2005    Registered
Caesars World, Inc.    Puerto Rico    Caesars Palace    67448    10/17/2005    67448    10/17/2005    Registered
Caesars World, Inc.    Puerto Rico    Caesars Palace (Stylized)    5834    2/8/1973    5834    2/22/1973    Registered
Caesars World, Inc.    Russia    Caesars    2.007E+09    6/23/2006    330689    8/1/2007    Registered
Caesars World, Inc.    Russia    Caesars    2.003E+09    7/9/2002    245535    5/12/2003    Registered
Caesars World, Inc.    Russia    Caesars (Stylized)    2.007E+09    6/23/2006    330688    8/1/2007    Registered
Caesars World, Inc.    Russia    Caesars Entertainment (Laurel Design)    2.009E+09    4/11/2008          Filed
Caesars World, Inc.    Russia    Caesars Palace    2.007E+09    6/23/2006    339332    12/14/2007    Registered
Caesars World, Inc.    Russia    Caesars Palace    2.003E+09    7/9/2002    245536    5/12/2003    Registered
Caesars World, Inc.    Russia    Caesars Palace (Stylized)    2.007E+09    6/23/2006    327982    5/15/2007    Registered
Caesars World, Inc.    Singapore    Caesars    T04/08291Z    5/24/2004    T04/08291Z    5/24/2004    Registered
Caesars World, Inc.    Singapore    Caesars    T04/08295B    5/24/2004    T04/08295B    5/24/2004    Registered
Caesars World, Inc.    Singapore    Caesars    T0900455J    1/13/2009          Filed
Caesars World, Inc.    Singapore    Caesars (Series) (block and stylized font)    T88/03887I    7/27/1988    T88/03887I    7/27/1988    Registered
Caesars World, Inc.    Singapore    Caesars (Series) (block and stylized font)    T88/03886J    7/27/1988    T88/03886J    7/27/1988    Registered
Caesars World, Inc.    Singapore    Caesars (Series) (block and stylized font)    T88/03882H    7/27/1988    T88/03882H    7/27/1988    Registered
Caesars World, Inc.    Singapore    Caesars (Stylized)    T06/18419A    9/5/2006    T06/18419A    9/5/2006    Registered
Caesars World, Inc.    Singapore    Caesars (Stylized)    T0618421C    9/5/2006    T0618421C    9/5/2006    Registered
Caesars World, Inc.    Singapore    Caesars Entertainment (Laurel Design)    T0804770A    4/14/2008          Filed
Caesars World, Inc.    Singapore    Caesars Golf & Design    T0900457G    1/13/2009          Filed
Caesars World, Inc.    Singapore    Caesars Man (Series)    T88/04695B    8/30/1988    T88/04695B    8/30/1988    Registered
Caesars World, Inc.    Singapore    Caesars Palace    T04/08303G    5/24/2004    T04/08303G    5/24/2004    Registered
Caesars World, Inc.    Singapore    Caesars Palace    T04/08301J    5/24/2004    T04/08301J    5/24/2004    Registered
Caesars World, Inc.    Singapore    Caesars Palace (Stylized)    T06/18422A    9/5/2006    T0618422A    9/5/2006    Registered
Caesars World, Inc.    Singapore    Caesars Palace (Stylized)    T06/18423Z    9/5/2006    T0618423Z    9/5/2006    Registered

 

47


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    Singapore    Caesars Woman (Series)    T88/04696J    8/30/1995    T88/04696J    8/30/1995    Registered
Caesars World, Inc.    Singapore    CG (Logo)    T0900456I    1/13/2009          Filed
Caesars World, Inc.    Slovak Republic    Caesars Entertainment (Laurel Design)    7092008    4/17/2008          Filed
Caesars World, Inc.    Slovenia    Caesars    Z-200671090    7/7/2006    200671090    7/7/2006    Registered
Caesars World, Inc.    Slovenia    Caesars (Stylized)    Z-200671091    7/7/2006    200671091    7/7/2006    Registered
Caesars World, Inc.    Slovenia    Caesars Entertainment (Laurel Design)    Z-200870395    3/13/2008    200870395    1/21/2009    Registered
Caesars World, Inc.    Slovenia    Caesars Palace    Z-200671092    7/7/2006    200671092    7/7/2006    Registered
Caesars World, Inc.    Slovenia    Caesars Palace (Stylized)    Z-200671093    7/7/2006    200671093    7/7/2006    Registered
Caesars World, Inc.    South Africa    Caesars    1992/01200    2/13/1992    1992/01200    4/6/2000    Registered
Caesars World, Inc.    South Africa    Caesars    1992/01203    2/13/1992    1992/01203    3/6/2000    Registered
Caesars World, Inc.    South Africa    Caesars    1992/01202    2/13/1992    1992/01202    4/6/2000    Registered
Caesars World, Inc.    South Africa    Caesars    1992/01201    2/13/1992    1992/01201    4/6/2000    Registered
Caesars World, Inc.    South Africa    Caesars    1992/01204    2/13/1992    1992/01204    3/6/2000    Registered
Caesars World, Inc.    South Africa    Caesars    1996/02340    2/22/1996    1996/02340    3/9/1999    Registered
Caesars World, Inc.    South Africa    Caesars    2007/18495    8/17/2007          Filed
Caesars World, Inc.    South Africa    Caesar’s    1988/06039    7/20/1988    1988/06039    9/11/1990    Registered
Caesars World, Inc.    South Africa    Caesar’s    1988/6040    7/20/1988    1988/6040    9/11/1990    Registered
Caesars World, Inc.    South Africa    Caesars (Stylized)    2007/18497    8/17/2007          Filed
Caesars World, Inc.    South Africa    Caesars (Stylized)    2007/18496    8/17/2007          Filed
Caesars World, Inc.    South Africa    Caesars Entertainment    2003/11993    7/17/2003    2003/11993    9/5/2007    Registered
Caesars World, Inc.    South Africa    Caesars Entertainment    2003/11992    7/17/2003    2003/11992    9/5/2007    Registered
Caesars World, Inc.    South Africa    Caesars Entertainment    2003/11994    7/17/2003    2003/11994    9/5/2007    Registered
Caesars World, Inc.    South Africa    Caesars Entertainment (Laurel Design)    2008/08355    4/14/2008          Filed
Caesars World, Inc.    South Africa    Caesars Entertainment (Laurel Design)    2008/08356    4/14/2008          Filed
Caesars World, Inc.    South Africa    Caesars Forum    1998/18595    10/20/1998    1998/18595    4/4/2002    Registered
Caesars World, Inc.    South Africa    Caesars Forum    1998/18594    10/20/1998    1998/18594    4/4/2002    Registered
Caesars World, Inc.    South Africa    Caesars Hotel Casino and Convention Center    1999/01374    1/28/1999    1999/01374    2/7/2003    Registered
Caesars World, Inc.    South Africa    Caesars Hotel Casino and Convention Resort    1999/01375    1/28/1999    1999/01375    1/28/1999    Registered
Caesars World, Inc.    South Africa    Caesars Palace    1995/3621    3/24/1995    1995/3621    4/19/1999    Registered

 

48


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    South Africa    Caesars Palace    1996/02341    2/22/1996    1996/02341    4/12/1999    Registered
Caesars World, Inc.    South Africa    Caesars Palace    2007/18498    8/17/2007          Filed
Caesars World, Inc.    South Africa    Caesars Palace    2007/18499    8/17/2007          Filed
Caesars World, Inc.    South Africa    Caesar’s Palace    1992/09449    11/4/1992    1992/09449    10/14/1994    Registered
Caesars World, Inc.    South Africa    Caesar’s Palace    1988/05938    7/18/1988    1988/05938    9/11/1990    Registered
Caesars World, Inc.    South Africa    Caesar’s Palace    1988/05939    7/18/1988    1988/05939    9/11/1990    Registered
Caesars World, Inc.    South Africa    Caesars Palace (Stylized)    2007/18500    8/17/2007          Filed
Caesars World, Inc.    South Africa    Caesars Palace (Stylized)    2007/18501    8/17/2007          Filed
Caesars World, Inc.    South Africa    Colosseum    2008/09433    4/25/2008          Filed
Caesars World, Inc.    South Africa    Colosseum    2008/09434    4/25/2008          Filed
Caesars World, Inc.    South Africa    Roman Head with Laurel Leaf (Design)    1999/01372    1/28/1999    1999/01372    1/28/1999    Registered
Caesars World, Inc.    South Africa    Roman Head with Laurel Leaf (Design)    1999/01373    1/28/1999    1999/01373    1/28/1999    Registered
Caesars World, Inc.    South Korea    Caesars    6699/88    3/18/1988    169,254    4/25/1989    Registered
Caesars World, Inc.    South Korea    Caesars    6715/88    3/18/1988    176,293    8/5/1989    Registered
Caesars World, Inc.    South Korea    Caesars    6697/88    3/18/1988    176,271    8/5/1989    Registered
Caesars World, Inc.    South Korea    Caesars    41-2008-0003677    2/14/2008    41-0183470    4/02/2009    Registered
Caesars World, Inc.    South Korea    Caesars    41-2006-0023446    9/15/2006    164175    3/31/2008    Registered
Caesars World, Inc.    South Korea    Caesars (in Katakana Characters)    6726/88    3/18/1988    176,295    8/5/1989    Registered
Caesars World, Inc.    South Korea    Caesars (in Katakana Characters)    7782/87    4/17/1987    176,273    8/5/1989    Registered
Caesars World, Inc.    South Korea    Caesars (in Katakana Characters)    6721/88    3/8/1988    169,256    4/25/1989    Registered
Caesars World, Inc.    South Korea    Caesars (Stylized)    6710/88    3/18/1988    169,255    4/25/1989    Registered
Caesars World, Inc.    South Korea    Caesars (Stylized)    6701/88    3/18/1988    169,865    5/11/1989    Registered
Caesars World, Inc.    South Korea    Caesars (Stylized)    6697/88    3/18/1988    176,272    8/5/1989    Registered
Caesars World, Inc.    South Korea    Caesars (Stylized)    6701/88    3/18/1988    172,000    6/13/1989    Registered
Caesars World, Inc.    South Korea    Caesars (Stylized)    6703/88    3/18/1988    170,641    5/25/1989    Registered
Caesars World, Inc.    South Korea    Caesars (Stylized)    6698/98    3/18/1988    170,685    5/26/1989    Registered
Caesars World, Inc.    South Korea    Caesars (Stylized)    6704/88    3/18/1988    176,294    8/5/1989    Registered
Caesars World, Inc.    South Korea    Caesars (Stylized)    41-2006-0023448    9/15/2006    164176    3/31/2008    Registered
Caesars World, Inc.    South Korea    Caesars Golf & Design    41-2009-0000605    1/13/2009          Filed
Caesars World, Inc.    South Korea    Caesars Palace    4.12E+12    12/6/2005    147427    4/12/2007    Registered

 

49


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    South Korea    Caesars Palace (Stylized)    4.12E+12    12/6/2005    147428    4/12/2007    Registered
Caesars World, Inc.    South Korea    CG (Logo)    41-2009-0000604    1/13/2009          Filed
Caesars World, Inc.    Spain    Caesars    816926 & 816929    4/20/1976    2699113    3/14/1980    Registered
Caesars World, Inc.    Spain    Caesars    2742766    11/28/2006    2742766    12/20/2007    Registered
Caesars World, Inc.    Spain    Caesars    2873274    4/24/2009          Filed
Caesars World, Inc.    Spain    Caesars (Stylized)    2063986 & 2063987    12/17/1996    2767454    12/17/1996    Registered
Caesars World, Inc.    Spain    Caesars (Stylized)    2742774    11/28/2006    2742774    12/21/2007    Registered
Caesars World, Inc.    Spain    Caesars Entertainment (Laurel Design)    2817594    3/7/2008          Filed
Caesars World, Inc.    Spain    Caesars Palace    816927 & 816931    4/20/1976    2699114    3/25/1980    Registered
Caesars World, Inc.    Spain    Caesars Palace    2742775    11/28/2006    2742775    12/21/2007    Registered
Caesars World, Inc.    Spain    Caesars Palace (Stylized)    2063988 & 2063989    12/17/1996    2767442    12/5/1997    Registered
Caesars World, Inc.    Spain    Caesars Palace (Stylized)    2742777    11/28/2006    2742777    12/21/2007    Registered
Caesars World, Inc.    Spain    Caesars Palace (Stylized) (Vertical)    2743057    11/29/2006    2743057    11/14/2007    Registered
Caesars World, Inc.    Spain    Caesars World    816928 & 816930    4/20/1976    2699115    3/14/1980    Registered
Caesars World, Inc.    Spain    Colosseum at Caesars    2726550    8/9/2006    2726550    8/9/2006    Registered
Caesars World, Inc.    Spain    The Colosseum at Caesars    2726556    8/9/2006    2726556    8/9/2006    Registered
Caesars World, Inc.    Switzerland    Caesars    58458/2007    8/6/2007    567566    2/4/2008    Registered
Caesars World, Inc.    Switzerland    Caesars (Stylized)    58460/2007    8/6/2007    567619    2/4/2008    Registered
Caesars World, Inc.    Switzerland    Caesars Entertainment (Laurel Design)    54787/2008    4/14/2008    575479    4/14/2008    Registered
Caesars World, Inc.    Switzerland    Caesars Palace    58461/2007    8/6/2007    567569    2/4/2008    Registered
Caesars World, Inc.    Switzerland    Caesars Palace (Stylized)    58462/2007    8/6/2007    567620    2/4/2008    Registered
Caesars World, Inc.    Taiwan    Caesars    (77) 15297    4/12/1988    425240    1/1/1989    Registered
Caesars World, Inc.    Taiwan    Caesars    (78) 21052    5/8/1989    506834    12/1/1990    Registered
Caesars World, Inc.    Taiwan    Caesars    (78) 15302    4/12/1988    422248    12/1/1988    Registered
Caesars World, Inc.    Taiwan    Caesars    (78) 21054    4/8/1989    507137    12/1/1990    Registered
Caesars World, Inc.    Taiwan    Caesars    (77) 15304    4/12/1988    420712    11/16/1988    Registered
Caesars World, Inc.    Taiwan    Caesars    (77) 15305    4/12/1988    423985    12/16/1988    Registered
Caesars World, Inc.    Taiwan    Caesars    (77) 15307    4/12/1988    421202    11/16/1988    Registered
Caesars World, Inc.    Taiwan    Caesars    (77) 15308    4/12/1988    427719    1/15/1989    Registered
Caesars World, Inc.    Taiwan    Caesars    (77) 15,310    4/12/1988    419,833    11/1/1988    Registered

 

50


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    Taiwan    Caesars    95045006    9/4/2006    1257742    4/1/2007    Registered
Caesars World, Inc.    Taiwan    Caesars    98001719    1/16/2009          Filed
Caesars World, Inc.    Taiwan    Caesars (Stylized)    95045008    9/4/2006    1281192    9/16/2007    Registered
Caesars World, Inc.    Taiwan    Caesars Entertainment (Laurel Design)    97017730    4/17/2008          Filed
Caesars World, Inc.    Taiwan    Caesars Golf & Design    98001723    1/16/2009          Filed
Caesars World, Inc.    Taiwan    Caesars Man (Stylized)    (77) 38470    8/20/1988    438154    4/16/1989    Registered
Caesars World, Inc.    Taiwan    Caesars Palace    (85) 61842    12/5/1996    100238    5/16/1998    Registered
Caesars World, Inc.    Taiwan    Caesars Palace    (85) 61841    12/5/1996    107866    3/16/1999    Registered
Caesars World, Inc.    Taiwan    Caesars Palace    95045009    9/4/2006    1281193    9/16/2007    Registered
Caesars World, Inc.    Taiwan    Caesars Palace (Stylized)    95045011    9/4/2006    1281194    9/16/2007    Registered
Caesars World, Inc.    Taiwan    Caesars Woman (Stylized)    (77) 38471    8/20/1988    438155    4/16/1989    Registered
Caesars World, Inc.    Taiwan    CG (Logo)    98001721    1/16/2009          Filed
Caesars World, Inc.    Taiwan    Toga Teddy    (78) 35,956    8/13/1989    480,352    4/1/1990    Registered
Caesars World, Inc.    Thailand    Caesars    373473    11/4/1988    TM 84377    11/4/1988    Registered
Caesars World, Inc.    Thailand    Caesars    720039    1/23/2009          Filed
Caesars World, Inc.    Thailand    Caesars    638492    9/11/2006    Bor36835    9/11/2006    Registered
Caesars World, Inc.    Thailand    Caesars    638490    9/11/2006    Kor263241    9/11/2006    Registered
Caesars World, Inc.    Thailand    Caesars    638491    9/11/2006    Kor275795    9/11/2006    Registered
Caesars World, Inc.    Thailand    Caesars    638493    9/11/2006    Bor36619    9/11/2006    Registered
Caesars World, Inc.    Thailand    Caesars (Stylized)    373474    11/4/1988    84392    11/4/1988    Registered
Caesars World, Inc.    Thailand    Caesars (Stylized)    638494    9/11/2006    Kor265766    9/11/2006    Registered
Caesars World, Inc.    Thailand    Caesars (Stylized)    638495    9/11/2006    Kor274725    9/11/2006    Registered
Caesars World, Inc.    Thailand    Caesars (Stylized)    638496    9/11/2006    Bor36836    9/11/2006    Registered
Caesars World, Inc.    Thailand    Caesars (Stylized)    638497    9/11/2006    Bor36198    9/11/2006    Registered
Caesars World, Inc.    Thailand    Caesars (Thai Lettering)    704022    8/5/2008          Filed
Caesars World, Inc.    Thailand    Caesars (Thai Lettering)    704021    8/5/2008          Filed
Caesars World, Inc.    Thailand    Caesars Entertainment    524834    7/22/2003    Bor29193    7/22/2003    Registered
Caesars World, Inc.    Thailand    Caesars Entertainment    524833    7/22/2003    Kor202032    7/22/2003    Registered
Caesars World, Inc.    Thailand    Caesars Entertainment    639046    9/15/2006    Bor36839    9/15/2006    Registered
Caesars World, Inc.    Thailand    Caesars Entertainment    638507    9/11/2006    Bor36210    9/11/2006    Registered
Caesars World, Inc.    Thailand    Caesars Entertainment    639045    9/15/2006    Kor263243    9/15/2006    Registered

 

51


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    Thailand    Caesars Entertainment    638506    9/11/2006    Kor275798    9/11/2006    Registered
Caesars World, Inc.    Thailand    Caesars Entertainment (Stylized)    531985    10/1/2003    Kor204465    10/1/2003    Registered
Caesars World, Inc.    Thailand    Caesars Entertainment (Stylized)    531986    10/1/2003    Bor29191    10/1/2003    Registered
Caesars World, Inc.    Thailand    Caesars Entertainment (Stylized)    639047    9/15/2006    Kor263244    9/15/2006    Registered
Caesars World, Inc.    Thailand    Caesars Entertainment (Stylized)    639048    9/15/2006    Bor35839    9/15/2006    Registered
Caesars World, Inc.    Thailand    Caesars Entertainment (Thai Lettering)    704024    8/5/2008          Filed
Caesars World, Inc.    Thailand    Caesars Entertainment (Thai Lettering)    704023    8/5/2008          Filed
Caesars World, Inc.    Thailand    Caesars Entertainment (Laurel Design)    695608    5/16/2008          Filed
Caesars World, Inc.    Thailand    Caesars Entertainment (Laurel Design)    695607    5/16/2008          Filed
Caesars World, Inc.    Thailand    Caesars Golf & Design    720041    1/23/2009          Filed
Caesars World, Inc.    Thailand    Caesars Man    372637    10/25/1988    TM 84861    10/25/1988    Registered
Caesars World, Inc.    Thailand    Caesars Man (Stylized)    372638    10/25/1988    TM 84863    10/25/1988    Registered
Caesars World, Inc.    Thailand    Caesars Palace    638500    9/11/2006    Bor36837    9/11/2006    Registered
Caesars World, Inc.    Thailand    Caesars Palace    638498    9/11/2006    Kor265792    9/11/2006    Registered
Caesars World, Inc.    Thailand    Caesars Palace    638499    9/11/2006    Kor275796    9/11/2006    Registered
Caesars World, Inc.    Thailand    Caesars Palace    638501    9/11/2006    Bor36199    9/11/2006    Registered
Caesars World, Inc.    Thailand    Caesars Palace (Stylized)    638502    9/11/2006    Kor265791    9/11/2006    Registered
Caesars World, Inc.    Thailand    Caesars Palace (Stylized)    638503    9/11/2006    Kor275797    9/11/2006    Registered
Caesars World, Inc.    Thailand    Caesars Palace (Stylized)    638504    9/11/2006    Bor36838    9/11/2006    Registered
Caesars World, Inc.    Thailand    Caesars Palace (Stylized)    638505    9/11/2006    Bor36209    9/11/2006    Registered
Caesars World, Inc.    Thailand    Caesars Woman    372639    10/25/1988    TM 84866    10/25/1988    Registered
Caesars World, Inc.    Thailand    Caesars Woman (Stylized)    372640    10/25/1988    TM 84504    10/25/1988    Registered
Caesars World, Inc.    Thailand    CG (Logo)    720040    1/23/2009          Filed
Caesars World, Inc.    Tunisia    Caesars Palace    EE96.0653    5/27/1996    EE96.0653    5/27/1996    Registered
Caesars World, Inc.    Tunisia    Cleopatra’s Palace    EE96.0654    5/27/1996    EE96.0654    5/27/1996    Registered
Caesars World, Inc.    Turkey    Caesars    5831/89    8/16/1989    113,974    8/16/1989    Registered
Caesars World, Inc.    Turkey    Caesars    2009/00585    1/8/2009          Filed
Caesars World, Inc.    Turkey    Caesars Entertainment (Laurel Design)    2008/22125    4/15/2008          Filed

 

52


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Caesars World, Inc.    Turkey    Caesars Palace    5832/89    8/16/1989    113,769    8/16/1989    Registered
Caesars World, Inc.    Ukraine    Caesars Entertainment (Laurel Design)    m 2008 07124    4/14/2008          Filed
Caesars World, Inc.    United Kingdom    Caesars    2514570    4/24/2009          Filed
Caesars World, Inc.    United Kingdom    Caesars Entertainment (Laurel Design)    2481794    3/7/2008    2481794    3/7/2008    Registered
Caesars World, Inc.    Uruguay    Caesars    263020    6/4/1993    263020    8/10/1999    Registered
Caesars World, Inc.    Uruguay    Caesars    383.866    8/16/2007    383866    7/25/2008    Registered
Caesars World, Inc.    Uruguay    Caesars (Stylized)    263021    6/4/1993          Filed
Caesars World, Inc.    Uruguay    Caesars (Stylized)    383.865    8/16/2007    383865    7/25/2008    Registered
Caesars World, Inc.    Uruguay    Caesars Entertainment    348,843    7/16/2003    348,843    4/12/2004    Registered
Caesars World, Inc.    Uruguay    Caesars Entertainment with Laurel Design    390624    4/14/2008          Filed
Caesars World, Inc.    Uruguay    Caesars Palace    383.864    8/16/2007    383864    7/25/2008    Registered
Caesars World, Inc.    Uruguay    Caesars Palace (Stylized)    383.863    8/16/2007    383863    7/25/2008    Registered
Caesars World, Inc.    Venezuela    Caesars    264-1998    1/9/1998          Filed
Caesars World, Inc.    Venezuela    Caesars    263-1998    1/9/1998    S009451    2/26/1999    Registered
Caesars World, Inc.    Venezuela    Caesars (Stylized)    266-1998    1/9/1998          Filed
Caesars World, Inc.    Venezuela    Caesars (Stylized)    265-1998    1/9/1998    S011833    2/25/2000    Registered
Caesars World, Inc.    Venezuela    Caesars Entertainment (Laurel Design)    7476-2008    4/18/2008          Filed
Caesars World, Inc.    Venezuela    Caesars Entertainment (Laurel Design)    7477-2008    4/18/2008          Filed
Caesars World, Inc.    Venezuela    Caesars Palace    268-1998    1/9/1998          Filed
Caesars World, Inc.    Venezuela    Caesars Palace    267-1998    1/9/1998    S009452    2/26/1999    Registered
Caesars World, Inc.    Venezuela    Caesars Palace (Stylized)    269-1998    1/9/1998    S011834    2/25/2000    Registered
Caesars World, Inc.    Venezuela    Caesars Palace (Stylized)    270-1998    1/9/1998          Filed
Caesars World, Inc.    Vietnam    Caesars    4.201E+09    9/29/2006          Filed
Caesars World, Inc.    Vietnam    Caesars (Stylized)    4.221E+09    9/29/2006          Filed
Caesars World, Inc.    Vietnam    Caesars Entertainment (Laurel Design)    4-2008-08188    4/17/2008          Filed
Caesars World, Inc.    Vietnam    Caesars Palace    4.201E+09    9/29/2006          Filed
Caesars World, Inc.    Vietnam    Caesars Palace (Stylized)    4.201E+09    9/29/2006          Filed
Harrah’s License Company, LLC    Aruba    Harrah's (Block)    15528    11/7/1991    15528    12/9/1991    Registered
Harrah’s License Company, LLC    Australia    Bally    A157,829    1/7/1960    157829    1/7/1960    Registered

 

53


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    Australia    Bally    A252,393    9/29/1971    A252,393    9/29/1971    Registered
Harrah’s License Company, LLC    Australia    Bally (Stylized Script)    A294,097    2/9/1976    294,097    2/9/1976    Registered
Harrah’s License Company, LLC    Australia    Flamingo    620,549    1/17/1994    620,549    1/17/1994    Registered
Harrah’s License Company, LLC    Australia    Flamingo (and Design)    634,872    7/13/1994    634,872    7/13/1994    Registered
Harrah’s License Company, LLC    Australia    Harrah's (Block)    443595    4/10/1986    A443595    4/10/1993    Registered
Harrah’s License Company, LLC    Australia    Harrah's (Block)    444157    4/10/1986    A444157    4/10/1993    Registered
Harrah’s License Company, LLC    Australia    Harrah's (Design)    A443596    4/10/1986    A443596    4/10/1993    Registered
Harrah’s License Company, LLC    Australia    Harrah's (Design)    A444158    4/10/1986    A444158    4/10/1993    Registered
Harrah’s License Company, LLC    Australia    Harrah's (Design)    B288566    7/3/1975    B288566    7/3/1996    Registered
Harrah’s License Company, LLC    Australia    Harrah's (Design)    288567    7/3/1975    B288567    7/3/1996    Registered
Harrah’s License Company, LLC    Australia    Harrah's (Orbit Design)    638979    8/29/1994    638979    8/29/2004    Registered
Harrah’s License Company, LLC    Australia    Harrah's (Orbit Design)    638980    8/29/1994    638980    8/29/2004    Registered
Harrah’s License Company, LLC    Australia    Rio (Block)    976316    10/29/2003    976316    3/22/2006    Registered
Harrah’s License Company, LLC    Austria    Bally    AM 8320/99    12/22/1999    187,667    3/31/2000    Registered
Harrah’s License Company, LLC    Austria    Harrah's (Block)    AM 4524    9/24/1991    139124    11/29/1991    Registered
Harrah’s License Company, LLC    Bahamas    Harrah's (Block)    13429    6/7/1989    13429    6/7/1989    Registered
Harrah’s License Company, LLC    Bahamas    Harrah's (Block)    13430    6/6/1989    13430    6/7/1989    Registered
Harrah’s License Company, LLC    Bahamas    Harrah's (Block)       10/12/2006          Filed
Harrah’s License Company, LLC    Bahamas    Harrah's (Block)       10/12/2006          Filed
Harrah’s License Company, LLC    Bahamas    Harrah's (Block)       10/12/2006          Filed
Harrah’s License Company, LLC    Bahamas    Harrah's (New Swing)    29879    10/12/2006          Filed
Harrah’s License Company, LLC    Bahamas    Harrah's (New Swing)    29881    10/12/2006          Filed
Harrah’s License Company, LLC    Bahamas    Harrah's (New Swing)    29880    10/12/2006          Filed
Harrah’s License Company, LLC    Bahamas    Total Rewards (Block)    29751    9/4/2006          Filed
Harrah’s License Company, LLC    Bahamas    Total Rewards (Block)    29752    9/4/2006          Filed
Harrah’s License Company, LLC    Bahamas    Total Rewards (Block)    29753    9/4/2006          Filed
Harrah’s License Company, LLC    Barbados    Harrah's (Block)    NA    11/14/1991    81/8362    1/4/1999    Registered
Harrah’s License Company, LLC    Barbados    Harrah's (Block)    NA    11/14/1991    81/8361    1/4/1999    Registered
Harrah’s License Company, LLC    Benelux    Bally (Stylized Script)    43,222    1/10/1980    364,110    7/15/1980    Registered
Harrah’s License Company, LLC    Benelux    Bally (Stylized Script)    28080    12/31/1971    107,788    12/31/1971    Registered
Harrah’s License Company, LLC    Benelux    Caesar    1089583    11/7/2005    776390    11/10/2005    Registered
Harrah’s License Company, LLC    Benelux    Harrah    1089556    11/7/2005    776388    11/10/2005    Registered

 

54


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    Benelux    Harrah’s (Block)    771227    10/30/1991    508175    8/1/1992    Registered
Harrah’s License Company, LLC    Benelux    Harrah’s (Block)    1118815    9/11/2006    819485    6/7/2007    Registered
Harrah’s License Company, LLC    Benelux    Harrah’s (New Swing)    1118638    9/7/2006    826196    10/5/2007    Registered
Harrah’s License Company, LLC    Benelux    Total Rewards (Block)    1118813    9/11/2006    819484    6/7/2007    Registered
Harrah’s License Company, LLC    Bermuda    Harrah’s (Block)    21527    11/13/1991    21527    11/13/1991    Registered
Harrah’s License Company, LLC    Bermuda    Harrah’s (Block)    21526    11/13/1991    21526    11/13/1991    Registered
Harrah’s License Company, LLC    Bermuda    Harrah’s (Block)    25056    7/26/1993    25056    7/26/2000    Registered
Harrah’s License Company, LLC    Bermuda    Harrah’s (Block)    25057    7/26/1993    25057    7/26/2000    Registered
Harrah’s License Company, LLC    Brazil    Harrah’s (Block)    816916713    10/27/1992    816916713    3/1/1994    Registered
Harrah’s License Company, LLC    Brazil    Harrah’s (Block)    816916705    10/27/1992    816916705    3/1/1994    Registered
Harrah’s License Company, LLC    Brazil    Harrah’s (Block)    901098671    8/6/2008          Filed
Harrah’s License Company, LLC    Brazil    Harrah’s (Block)    901098760    8/6/2008          Filed
Harrah’s License Company, LLC    Brazil    Harrah’s (New Swing)    901098990    8/6/2008          Filed
Harrah’s License Company, LLC    Brazil    Harrah’s (New Swing)    901098957    8/6/2008          Filed
Harrah’s License Company, LLC    Brazil    Harrah’s (Orbit Design)    819364738    8/16/1996    819364738    3/9/1999    Registered
Harrah’s License Company, LLC    Brazil    Harrah’s (Orbit Design)    819364720    8/16/1996    819364720    3/9/1999    Registered
Harrah’s License Company, LLC    British Virgin Islands    Harrah’s (Block)    NA    5/29/1992    1247    5/29/1992    Registered
Harrah’s License Company, LLC    British Virgin Islands    Harrah’s (New Swing)          2209    10/3/2006    Registered
Harrah’s License Company, LLC    Canada    Bally (Stylized Script)    252,903    9/12/1959    125,612    3/2/1962    Registered
Harrah’s License Company, LLC    Canada    Bally (Stylized) Gaming    718,313    12/4/1992    TMA 453,296    2/2/1996    Registered
Harrah’s License Company, LLC    Canada    Cleopatra’s Barge    1265679    7/21/2005    671346    8/28/2006    Registered
Harrah’s License Company, LLC    Canada    Club Rio (Block)    1025328    8/10/1999    562155    5/16/2002    Registered
Harrah’s License Company, LLC    Canada    Grand Advantage Players Club    734,260    8/4/1993    434,509    10/14/1994    Registered
Harrah’s License Company, LLC    Canada    Grand Casino (pot o’gold design)    748,489    3/1/1994    445,624    7/28/1995    Registered
Harrah’s License Company, LLC    Canada    Grand Casinos, Inc. (with pot of gold design)    734,212    8/4/1993    438,127    1/20/1995    Registered
Harrah’s License Company, LLC    Canada    Harrah’s (Block)    73/574830    12/17/1986    339305    4/15/2003    Registered
Harrah’s License Company, LLC    Canada    Harrah’s (Design)    715105    10/19/1992    424752    3/4/1994    Registered
Harrah’s License Company, LLC    Canada    Harrah’s (New Swing)    1,402,424    7/8/2008          Filed
Harrah’s License Company, LLC    Canada    Harrah’s (Orbit Design)    762996    8/31/1994    473484    3/25/1997    Registered
Harrah’s License Company, LLC    Canada    Oh Yeah!    1162964    12/28/2002    609355    5/4/2004    Registered

 

55


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    Canada    Operation Bet Smart    865958    1/9/1998    539185    1/5/2001    Registered
Harrah’s License Company, LLC    Canada    Play Rio (Block)    1025329    8/10/1999    587045    8/13/2003    Registered
Harrah’s License Company, LLC    Canada    Project 21    865961    1/9/1998    TMA526105    3/30/2000    Registered
Harrah’s License Company, LLC    Canada    Rio (Stylized Script)    1025327    8/10/1999    590218    9/18/2003    Registered
Harrah’s License Company, LLC    Canada    Seven Stars (Block)    1407580    8/18/2008          Filed
Harrah’s License Company, LLC    Canada    Showboat (Block)    73308500    7/16/1993    519,431    11/16/1999    Registered
Harrah’s License Company, LLC    Canada    Total Rewards (Block)    1166596    2/5/2003    619647    9/15/2004    Registered
Harrah’s License Company, LLC    Canada    Total Rock    1428293    2/18/2009          Filed
Harrah’s License Company, LLC    China    Harrah’s (Block)    92005751    2/15/1992    628320    1/30/2003    Registered
Harrah’s License Company, LLC    China    Harrah’s (Block)    92005752    2/15/1992    628214    1/30/2003    Registered
Harrah’s License Company, LLC    China    Harrah’s (Block)    92005753    2/15/1992    628416    1/30/2003    Registered
Harrah’s License Company, LLC    China    Harrah’s (Design)    93051915    7/1/1993    772230    11/21/2004    Registered
Harrah’s License Company, LLC    China    Harrah’s (Design)    93051916    7/1/1993    774939    12/28/2004    Registered
Harrah’s License Company, LLC    China    Harrah’s (New Swing)    4216072    8/11/2004    4216072    1/21/2008    Registered
Harrah’s License Company, LLC    China    Harrah’s (New Swing)    4216073    8/11/2004    4216073    1/21/2008    Registered
Harrah’s License Company, LLC    Denmark    Bally (Stylized Script)    1959 01,330    8/1/1959    1959 01330    8/1/1959    Registered
Harrah’s License Company, LLC    Denmark    Bally (Stylized Script)    2910/80    7/3/1980    1983 02136    7/15/1993    Registered
Harrah’s License Company, LLC    Denmark    Harrah’s (Block)    6763/1991    9/20/1991    04483/1992    5/22/2002    Registered
Harrah’s License Company, LLC    Dominican Republic    Harrah’s (Block)    2006-109    1/2/2006    154278    5/15/2006    Registered
Harrah’s License Company, LLC    Dominican Republic    Harrah’s (New Swing)    2006-110    1/2/2006    154518    5/31/2006    Registered
Harrah’s License Company, LLC    Egypt    Flamingo    88986    11/15/1993    88986    5/18/1999    Registered
Harrah’s License Company, LLC    Egypt    Flamingo    88988    11/15/1993    88988    10/17/1996    Registered
Harrah’s License Company, LLC    Egypt    Flamingo    88984    11/15/1993    88984    10/15/1996    Registered
Harrah’s License Company, LLC    European Union    Colosseum    4750592    11/15/2005    4750592    12/14/2006    Registered
Harrah’s License Company, LLC    European Union    Forum Shops    4828752    12/22/2005          Filed
Harrah’s License Company, LLC    European Union    Hadrian’s Wall    3895729    6/24/2004    3895729    11/10/2005    Registered
Harrah’s License Company, LLC    European Union    Harrah’s (Block)    2958791    11/18/2002    2958791    2/11/2004    Registered
Harrah’s License Company, LLC    European Union    Harrah’s (Block)    18077    4/1/1996    18077    4/1/1996    Registered
Harrah’s License Company, LLC    European Union    Harrah’s (Block)    3206125    5/22/2003    3206125    12/21/2004    Registered
Harrah’s License Company, LLC    European Union    Harrah’s (New Swing)    3206166    5/22/2003    3206166    11/8/2004    Registered
Harrah's License Company, LLC    European Union    Harrah’s (Orbit Design)    18069    4/1/1996    18069    4/1/1996    Registered
Harrah's License Company, LLC    European Union    Harrah’s (Orbit Design)    3163409    4/1/2003    3163409    9/13/2004    Registered

 

56


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    European Union    Harrah’s Total Rewards    3270402    7/9/2003    3270402    11/19/2004    Registered
Harrah’s License Company, LLC    European Union    Luckyme    3471588    10/24/2003    3471588    4/12/2005    Registered
Harrah’s License Company, LLC    European Union    Luckyme & Cloud Device    3471612    10/24/2003    3471612    4/1/2005    Registered
Harrah’s License Company, LLC    European Union    Luckyme.co.uk    3458494    10/24/2003    3458494    4/19/2005    Registered
Harrah’s License Company, LLC    European Union    Luckyme.com    3471547    10/24/2003    3471547    4/12/2005    Registered
Harrah’s License Company, LLC    European Union    November Nine       7/1/2008          Filed
Harrah’s License Company, LLC    European Union    Rio (Block)    3446804    10/22/2003    3446804    4/16/2007    Registered
Harrah’s License Company, LLC    European Union    Rio (Stylized Script)    3446838    10/22/2003    3446838    5/3/2007    Registered
Harrah’s License Company, LLC    European Union    Showboat (Block)    3677457    2/18/2004    3677457    7/8/2005    Registered
Harrah’s License Company, LLC    European Union    The Forum Shops at Caesars    4925335    2/16/2006          Filed
Harrah’s License Company, LLC    European Union    Total Rewards (Block)    3270394    7/9/2003    3270394    11/19/2004    Registered
Harrah’s License Company, LLC    France    Bally (Stylized Script)    76,033    1/18/1962    1,380,644    1/18/1962    Registered
Harrah’s License Company, LLC    France    Bally (Stylized Script)    12,479    10/26/1990    1,734,110    10/26/1990    Registered
Harrah’s License Company, LLC    France    Bally Gaming    92/444,900    12/4/1992    92/444,900    12/4/1992    Registered
Harrah’s License Company, LLC    France    Harrah’s (Block)    315937    10/28/1991    1730069    10/28/1991    Registered
Harrah’s License Company, LLC    France    Showboat (Block)    94/528236    4/29/2004    94528236    7/8/2004    Registered
Harrah’s License Company, LLC    Germany    Bally (Stylized Script)    733,554    4/13/1959    733,554    2/8/1960    Registered
Harrah’s License Company, LLC    Germany    Bally (Stylized Script)    B 90 856/9WZ    9/22/1990    1,184,362    3/24/1992    Registered
Harrah’s License Company, LLC    Germany    Bally (Stylized Script)    B. 63790/41WZ    8/8/1979    1,036,512    8/8/1979    Registered
Harrah’s License Company, LLC    Germany    Bally Gaming    B 97,225/9WZ    12/4/1992    2,046,929    10/13/1993    Registered
Harrah’s License Company, LLC    Germany    Bally Midway    M 54 332/9 WZ    2/13/1984    1,066,701    8/6/1984    Registered
Harrah’s License Company, LLC    Germany    Harrah’s (Block)    H 66 236/42    9/19/1991    2 025 360    9/19/1991    Registered
Harrah’s License Company, LLC    Germany    Harrah’s (Block)    30762635.0/41    9/25/2007    30762635    2/1/2008    Registered
Harrah’s License Company, LLC    Germany    Harrah’s (Orbit Design)    397 27 476.9    6/16/1997    397 27 476    5/12/1998    Registered
Harrah’s License Company, LLC    Germany    Harrah’s (Orbit Design)    303 16 063.2/43    3/26/2003    303 16 063    12/12/2003    Registered
Harrah’s License Company, LLC    Greece    Flamingo (and Design)    118,594    4/6/1994    118,594    4/6/1994    Registered
Harrah’s License Company, LLC    Greece    Harrah’s (Block)    106796    9/17/1991    106796    9/17/1991    Registered
Harrah’s License Company, LLC    Greece    Harrah’s (Design)    114201    5/17/1993    114201    5/17/2003    Registered
Harrah’s License Company, LLC    Guernsey    Harrah’s (Block)    NA    5/22/2003    2332935    5/22/2003    Registered
Harrah’s License Company, LLC    Guernsey    Harrah’s (New Swing)    NA    5/22/2003    2332936    5/22/2003    Registered
Harrah’s License Company, LLC    Guernsey    LuckyMe & Cloud Device (Series of Two)    NA    9/4/2003    2342466    9/4/2003    Registered

 

57


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    Guernsey    Total Rewards (Block)    NA    7/9/2004    2337226    7/9/2004    Registered
Harrah’s License Company, LLC    Guernsey    Total Rewards (Block)    NA    11/29/2001    2286987    11/29/2001    Registered
Harrah’s License Company, LLC    Hong Kong    Club Rio (Block)    99 10351 & 99 10352    8/4/1999    2002B04802AA    8/4/1999    Registered
Harrah’s License Company, LLC    Hong Kong    Harrah’s (Block)    92 05960    3/2/1992    2482/1994    3/2/1992    Registered
Harrah’s License Company, LLC    Hong Kong    Harrah’s (Block)    92 05961    3/2/1991    2483/1994    3/2/1992    Registered
Harrah’s License Company, LLC    Hong Kong    Harrah’s (Block)    7236/91    9/24/1991    5577/1993    9/30/1991    Registered
Harrah’s License Company, LLC    Hong Kong    Harrah’s (Block)    7237/91    9/28/1991    1148/1995    9/28/1991    Registered
Harrah’s License Company, LLC    Hong Kong    Harrah’s (New Swing)    300714410AB    9/4/2006    300714410AB    9/4/2006    Registered
Harrah’s License Company, LLC    Hong Kong    Harrah’s (Series)    300714410AA    9/4/2006    300714410AA    9/4/2006    Registered
Harrah’s License Company, LLC    Hong Kong    Play Rio (Block)    99 10353    8/4/1999    2002B04804AA    8/4/1999    Registered
Harrah’s License Company, LLC    Hong Kong    Rio (Stylized Script)    99 10355 & 99 10356    8/4/1999    2003B00266AA    8/4/1999    Registered
Harrah’s License Company, LLC    Hong Kong    Rio (Stylized Script)    300580789    2/14/2006          Filed
Harrah’s License Company, LLC    India    Harrah’s (Block)    1468350    7/10/2006          Filed
Harrah’s License Company, LLC    India    Harrah’s (New Swing)    1468348    7/10/2006          Filed
Harrah’s License Company, LLC    Ireland    Bally Midway    3703/87    10/27/1987    125,142    11/15/1988    Registered
Harrah’s License Company, LLC    Ireland    Harrah’s (Block)    91/4861    9/24/1991    145489    9/24/1991    Registered
Harrah’s License Company, LLC    Ireland    Harrah’s (Block)    91/4862    9/24/1991    145490    9/24/1991    Registered
Harrah’s License Company, LLC    Ireland    Harrah’s (Block)    202658    10/9/1996    202658    10/9/1996    Registered
Harrah’s License Company, LLC    Ireland    Harrah’s (Orbit Design)    5405/96    10/9/1996    202657    10/9/1996    Registered
Harrah’s License Company, LLC    Italy    Bally (Stylized Script)    32786C/82    1/18/1982    411,485    3/10/1986    Registered
Harrah’s License Company, LLC    Italy    Bally (Stylized Script)    33660C/82    4/22/1982    413,186    3/10/1986    Registered
Harrah’s License Company, LLC    Italy    Harrah’s (Block)    RM2001C005471    10/4/1991    985986    10/4/1991    Registered
Harrah’s License Company, LLC    Italy    Harrah’s (New Swing)    RM2006C003217    5/29/2006          Filed
Harrah’s License Company, LLC    Italy    Harrah’s (Orbit Design)    RM98C006303    12/23/1998    857867    12/23/1998    Registered
Harrah’s License Company, LLC    Jamaica    Harrah’s (Block)    16/1494    10/16/1991    25591    10/16/1991    Registered
Harrah’s License Company, LLC    Jamaica    Harrah’s (Block)    28/442    10/16/1991    27644    10/16/1991    Registered
Harrah’s License Company, LLC    Japan    Harrah’s (Block)    108927/1992    4/28/1992    3157503    5/31/1996    Registered
Harrah’s License Company, LLC    Japan    Harrah’s (Block)    108928/1992    4/28/1992    3157504    5/31/1996    Registered
Harrah’s License Company, LLC    Japan    Harrah’s (Block)    2006-076145    8/15/2006    5080299    9/28/2007    Registered
Harrah’s License Company, LLC    Japan    Harrah’s (Block)    2002-75191    9/4/2002    4659196    4/4/2003    Registered

 

58


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    Japan    Harrah’s (Block)    56334/1994    6/9/1994    3206421    10/31/1996    Registered
Harrah’s License Company, LLC    Japan    Harrah’s (New Swing)    2006-076146    8/15/2006    5080300    9/28/2007    Registered
Harrah’s License Company, LLC    Japan    Harrah’s (Orbit Design)    105096/1996    9/19/1996    4161642    7/3/1998    Registered
Harrah’s License Company, LLC    Japan    Harrah’s (Orbit Design)    105097/1996    9/19/1996    4161643    7/3/1998    Registered
Harrah’s License Company, LLC    Kenya    Bally    SMA/1219    10/28/1997    SMA/1219    10/28/1997    Registered
Harrah’s License Company, LLC    Macao    Colosseum    N015757    9/16/2005    N015757    1/5/2006    Registered
Harrah’s License Company, LLC    Macao    Colosseum    N018758    9/16/2005    N018758    1/5/2006    Registered
Harrah’s License Company, LLC    Macao    Forum Shops    N018756    9/16/2005    N018756    1/5/2006    Registered
Harrah’s License Company, LLC    Macao    Forum Shops    N018755    9/16/2005    N018755    1/5/2006    Registered
Harrah’s License Company, LLC    Macao    Forum Shops    N018754    9/16/2005    N018754    1/5/2006    Registered
Harrah’s License Company, LLC    Macao    Harrah’s (Block)    N018760    9/16/2005    N018760    1/5/2006    Registered
Harrah’s License Company, LLC    Macao    Harrah’s (Block)    N018759    9/16/2005    N018759    1/5/2006    Registered
Harrah’s License Company, LLC    Macao    Harrah’s (New Swing)    N018761    9/16/2005    N018761    1/5/2006    Registered
Harrah’s License Company, LLC    Macao    Harrah’s (New Swing)    N018762    9/16/2005    N018762    1/5/2006    Registered
Harrah’s License Company, LLC    Macao    Harrah’s Entertainment    N/41084    1/22/2009          Filed
Harrah’s License Company, LLC    Macao    Harrah’s Entertainment    N/41083    1/22/2009          Filed
Harrah’s License Company, LLC    Macao    Harrah’s Entertainment    N/41082    1/22/2009          Filed
Harrah’s License Company, LLC    Macao    Horseshoe (Block)    N/30634    8/17/2007    N/030634    2/25/2008    Registered
Harrah’s License Company, LLC    Macao    Horseshoe (Block)    N/30635    8/17/2007    N/030635    2/25/2008    Registered
Harrah’s License Company, LLC    Macao    Horseshoe (Block)    N13178    3/5/2004    N13178    7/7/2004    Registered
Harrah’s License Company, LLC    Macao    Horseshoe (Block)    N13179    3/5/2004    N13179    7/7/2004    Registered
Harrah’s License Company, LLC    Macao    The Forum Shops at Caesars    N021145    2/21/2006    N021145    6/9/2006    Registered
Harrah’s License Company, LLC    Macao    The Forum Shops at Caesars    N021146    2/21/2006    N021146    6/9/2006    Registered
Harrah’s License Company, LLC    Macao    The Forum Shops at Caesars    N021147    2/21/2006    N021147    6/9/2006    Registered
Harrah’s License Company, LLC    Malawi    Bally    566/97    10/29/1997    MW/TM/1997/00566    10/29/1997    Registered
Harrah’s License Company, LLC    Malaysia    Harrah’s (Block)    MA/5895/91    9/24/1991    91005895    9/24/1991    Registered
Harrah’s License Company, LLC    Malaysia    Harrah’s (Block)    MA/5896/91    9/24/1991    91005896    9/24/1991    Registered
Harrah’s License Company, LLC    Malaysia    Harrah’s (Orbit Design)    MA/21722/97    12/1/1997    97021722    2/4/2008    Registered
Harrah’s License Company, LLC    Malaysia    Harrah’s (Orbit Design)    MA/19280/97    12/1/1997    97019280    12/1/1997    Registered
Harrah’s License Company, LLC    Malaysia    Harrah’s (Orbit Design)    MA/21692/97    12/17/1997    97/21692    12/17/1997    Registered
Harrah’s License Company, LLC    Mexico    Bally’s    483537    5/3/2001    711695    5/3/2001    Registered

 

59


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    Mexico    Bally’s    483538    3/5/2001    721741    10/31/2001    Registered
Harrah’s License Company, LLC    Mexico    Bally’s (Stylized)    677282    9/15/2004          Filed
Harrah’s License Company, LLC    Mexico    Club Rio (Block)    396370    10/25/1999    634551    10/25/1999    Registered
Harrah’s License Company, LLC    Mexico    Club Rio (Block)    396373    10/25/1999    634553    10/25/1999    Registered
Harrah’s License Company, LLC    Mexico    Grand Casino (stylized)    780828    5/4/2006    1013182    11/26/2007    Registered
Harrah’s License Company, LLC    Mexico    Grand Casino (stylized)    780827    5/4/2006    944774    7/26/2006    Registered
Harrah’s License Company, LLC    Mexico    Grand Casino (stylized)    780829    5/4/2006    981706    4/24/2007    Registered
Harrah’s License Company, LLC    Mexico    Grand Casino (stylized)    780830    5/4/2006    1044816    6/11/2008    Registered
Harrah’s License Company, LLC    Mexico    Harrah's (Block)    104289    1/7/1991    404012    1/7/1991    Registered
Harrah’s License Company, LLC    Mexico    Harrah’s (Block)    224496    2/14/1995    496153    2/14/1995    Registered
Harrah’s License Company, LLC    Mexico    Harrah’s (Design)    182253    11/4/1993    457184    11/4/1993    Registered
Harrah’s License Company, LLC    Mexico    Harrah’s (New swing)    627855    11/4/2003    855412    11/4/2003    Registered
Harrah’s License Company, LLC    Mexico    Harrah’s (New Swing)    627854    11/4/2003    858126    11/4/2003    Registered
Harrah’s License Company, LLC    Mexico    Harrah’s (Orbit Design)    212374    9/19/1994    483791    9/19/1994    Registered
Harrah’s License Company, LLC    Mexico    Harrah’s (Orbit Design)    212375    9/19/1994    500093    9/19/1994    Registered
Harrah’s License Company, LLC    Mexico    Oh Yeah! (Block)    583898    1/16/2003    781266    1/16/2003    Registered
Harrah’s License Company, LLC    Mexico    Oh Yeah! (Block)    583897    1/16/2003    781265    1/16/2003    Registered
Harrah’s License Company, LLC    Mexico    Only at the Rio All-Suite Casino Las Vegas Style (Design)    542150    4/8/2002    749911    4/8/2002    Registered
Harrah’s License Company, LLC    Mexico    Only at the Rio All-Suite Casino Resort Las Vegas (Design)    542148    4/8/2002    749909    4/8/2002    Registered
Harrah’s License Company, LLC    Mexico    Play Rio (Block)    396368    10/25/1999    711426    10/25/1999    Registered
Harrah’s License Company, LLC    Mexico    Play Rio (Block)    396372    10/25/1999    662592    10/25/1999    Registered
Harrah’s License Company, LLC    Mexico    Rio (Stylized Script)    396371    10/25/1999    637690    10/25/1999    Registered
Harrah’s License Company, LLC    Mexico    Rio All-Suite Casino Resort Las Vegas (Design)    542149    4/8/2002    749910    4/8/2002    Registered
Harrah’s License Company, LLC    Mexico    Rio All Suite Hotel & Casino (Design)    1005988    5/13/2009          Filed
Harrah’s License Company, LLC    Mexico    Total Rewards (Block)    583896    1/16/2003    783126    1/16/2003    Registered
Harrah’s License Company, LLC    Mexico    Total Rewards (Block)    583899    1/16/2003    783127    1/16/2003    Registered
Harrah’s License Company, LLC    Mexico    Total Rewards (Block)    583895    1/16/2003    781264    1/16/2003    Registered
Harrah’s License Company, LLC    Monaco    Harrah’s (Design)    10459    7/11/1985    R.95.16319    7/11/1995    Registered
Harrah’s License Company, LLC    New Zealand    Harrah’s (Block)    212329    8/21/1991    212329    8/21/1991    Registered

 

60


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    New Zealand    Harrah’s (Block)    212330    8/21/1991    212330    8/21/1991    Registered
Harrah’s License Company, LLC    New Zealand    Harrah’s (Orbit Design)    240420    8/29/1994    240420    8/29/1994    Registered
Harrah’s License Company, LLC    New Zealand    Harrah’s (Orbit Design)    240421    8/29/1994    240421    8/29/1994    Registered
Harrah’s License Company, LLC    New Zealand    Rio (Block)    703668    10/29/2003    703668    10/29/2003    Registered
Harrah’s License Company, LLC    New Zealand    Rio (Stylized Script)    703669    10/29/2003    703669    10/29/2003    Registered
Harrah’s License Company, LLC    Norway    Bally Midway    874,461    10/29/1987    141,665    6/14/1990    Registered
Harrah’s License Company, LLC    Panama    Harrah’s (Block)    147162    11/30/2005    147162    11/30/2005    Registered
Harrah’s License Company, LLC    Panama    Harrah’s (New Swing)    147160    11/30/2005    147106    11/30/2005    Registered
Harrah’s License Company, LLC    Papua New Guinea    Harrah’s (Block)    57157    2/17/1992    A57157    2/17/1992    Registered
Harrah’s License Company, LLC    Papua New Guinea    Harrah’s (Block)    57156    2/17/1992    A 57156    2/17/1992    Registered
Harrah’s License Company, LLC    Peru    Caesars    252573    8/25/2005    50451    3/18/2008    Registered
Harrah’s License Company, LLC    Peru    Caesars (Stylized)    252836    8/31/2005    44495    11/2/2006    Registered
Harrah’s License Company, LLC    Peru    Caesars Palace    252574    8/25/2005    47327    7/31/2007    Registered
Harrah’s License Company, LLC    Peru    Harrah’s (Block)    259299    11/2/2005    40679    2/8/2006    Registered
Harrah’s License Company, LLC    Peru    Harrah’s (New Swing)    259300    11/2/2005    40680    2/8/2006    Registered
Harrah’s License Company, LLC    Philippines    Harrah’s (Block)    4-2006-009850    9/5/2006    4-2006-009850    11/11/2007    Registered
Harrah’s License Company, LLC    Philippines    Harrah's (Block)    4.201E+10    3/3/2006    4.201E+10    3/26/2007    Registered
Harrah’s License Company, LLC    Philippines    Harrah’s (Block)    108954    6/14/1996    4-1996-111316    3/26/2001    Registered
Harrah’s License Company, LLC    Philippines    Harrah’s (Block)    108955    6/14/1996    4-1996-111317    7/23/2001    Registered
Harrah’s License Company, LLC    Philippines    Harrah’s (New Swing)    4-2006-009851    9/5/2006    4-2006-009851    10/29/2007    Registered
Harrah’s License Company, LLC    Philippines    Harrah’s (Orbit Design)    108956    6/14/1996    4-1996-108956    12/14/2003    Registered
Harrah’s License Company, LLC    Philippines    Harrah’s (Orbit Design)    4-1996-108957    6/14/1996    4-1996-108957    12/14/2003    Registered
Harrah’s License Company, LLC    Portugal    Harrah’s (Block)    277.463    11/11/1991    277.463    8/4/1993    Registered
Harrah’s License Company, LLC    Portugal    Harrah’s (Block)    277.464    11/11/1991    277.464    8/4/1993    Registered
Harrah’s License Company, LLC    Portugal    Harrah’s (Block)    369.529    1/23/2003    369.529    10/3/2003    Registered
Harrah’s License Company, LLC    Puerto Rico    Harrah’s (Block)    32010    10/30/1992    32010    10/30/2002    Registered
Harrah’s License Company, LLC    Puerto Rico    Harrah’s (Block)    32002    10/30/1992    32002    10/30/2002    Registered
Harrah’s License Company, LLC    Puerto Rico    Harrah’s (Block)    7484    3/21/1990    7484    3/21/2003    Registered
Harrah’s License Company, LLC    Puerto Rico    Harrah’s (Design)    7483    9/11/2004    7483    9/11/2004    Registered
Harrah’s License Company, LLC    Puerto Rico    Harrah’s (Design)    7485    3/21/1990    7485    9/18/2004    Registered
Harrah’s License Company, LLC    Puerto Rico    Harrah’s (New Swing)    71838    1/19/2007          Filed
Harrah’s License Company, LLC    Puerto Rico    Harrah’s (New Swing)    71839    1/19/2007          Filed

 

61


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    Russian Federation    Harrah’s (Block)    2.007E+09    6/26/2006    327984    6/15/2007    Registered
Harrah’s License Company, LLC    Russia    Harrah’s (New Swing)    2.007E+09    6/26/2006    327983    6/15/2007    Registered
Harrah’s License Company, LLC    Singapore    Artifact    T06/04571Z    3/10/2006    T06/04571Z    3/10/2006    Registered
Harrah’s License Company, LLC    Singapore    Artifact    T06/04574D    3/10/2006    T06/04574D    3/10/2006    Registered
Harrah’s License Company, LLC    Singapore    Club Rio (Block)    T99/08407I    8/6/1999    T99/08407I    8/6/1999    Registered
Harrah’s License Company, LLC    Singapore    Club Rio (Block)    T99/08408G    8/6/1999    T99/08408G    8/6/1999    Registered
Harrah’s License Company, LLC    Singapore    Colosseum    T0/12809C    7/26/2005    T0512809C    7/26/2005    Registered
Harrah’s License Company, LLC    Singapore    Colosseum    T0512810G    7/26/2005    T05/12810G    7/26/2005    Registered
Harrah’s License Company, LLC    Singapore    Forum Shops    T05/15046C    8/25/2005    T05/15046C    8/25/2005    Registered
Harrah’s License Company, LLC    Singapore    Forum Shops    T05/15045E    8/25/2005    T05/15045E    8/25/2005    Registered
Harrah’s License Company, LLC    Singapore    Forum Shops    T05/15042J    8/25/2005    T05/15042J    8/25/2005    Registered
Harrah’s License Company, LLC    Singapore    Forum Shops    T05/15041B    8/25/2005    T05/15041B    8/25/2005    Registered
Harrah’s License Company, LLC    Singapore    Harrah’s (Block)    S/8865/91    9/27/1991    S/8865/91    9/27/1991    Registered
Harrah’s License Company, LLC    Singapore    Harrah’s (Block)    S/8866/91    9/26/1991    8866/91    9/27/1991    Registered
Harrah’s License Company, LLC    Singapore    Harrah’s (Block)    T06/18383G    9/4/2006    T06/18383G    9/4/2006    Registered
Harrah’s License Company, LLC    Singapore    Harrah’s (Block)    T06/18370E    9/4/2006    T06/18370E    9/4/2006    Registered
Harrah’s License Company, LLC    Singapore    Harrah’s (New Swing)    T06/18385C    9/4/2006    T06/18385C    9/4/2006    Registered
Harrah’s License Company, LLC    Singapore    Harrah’s (New Swing)    T06/18384E    9/4/2006    T06/18384E    9/4/2006    Filed
Harrah’s License Company, LLC    Singapore    Harrah’s (Orbit Design)    S/1436/95    2/17/1995    T95/01436    2/17/1995    Registered
Harrah’s License Company, LLC    Singapore    Harrah’s (Orbit Design)    S/1435/95    2/17/1995    T95/01435A    2/17/1995    Registered
Harrah’s License Company, LLC    Singapore    IPORT/IPort (Series)    T0604576J    3/10/2006    T0604576J    3/10/2006    Registered
Harrah’s License Company, LLC    Singapore    IPORT/IPort (Series)    T06/04577I    3/10/2006    T06/04577I    3/10/2006    Registered
Harrah’s License Company, LLC    Singapore    IPORT/IPort (Series)    T06/04578G    3/10/2006    T06/04578G    3/10/2006    Registered
Harrah’s License Company, LLC    Singapore    The Forum Shops at Caesars (Series) (All Caps/Initial Caps)    T06/03096H    2/15/2006    T06/03096H    2/15/2006    Registered
Harrah’s License Company, LLC    Singapore    The Forum Shops at Caesars (Series) (All Caps/Initial Caps)    T06/03097F    2/15/2006    T06/03097F    2/15/2006    Registered
Harrah’s License Company, LLC    Singapore    The Forum Shops at Caesars (Series) (All Caps/Initial Caps)    T06/03100Z    2/15/2006    T06/03100Z    2/15/2006    Registered
Harrah’s License Company, LLC    Singapore    The Forum Shops at Caesars (Series) (All Caps/Initial Caps)    T06/03101H    2/15/2006    T06/03101H    2/15/2006    Registered

 

62


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    Singapore    Total Rewards (Block)    T06/18386A    9/4/2006    T06/18386A    9/4/2006    Registered
Harrah’s License Company, LLC    Singapore    Total Rewards (Block)    T06/18387Z    9/4/2006    T06/18387Z    9/4/2006    Registered
Harrah’s License Company, LLC    Slovenia    Harrah’s (Block)    Z-200671094    7/7/2006    200671094    7/7/2006    Registered
Harrah’s License Company, LLC    Slovenia    Harrah’s (New Swing)    Z-200671095    7/7/2006    200671095    7/7/2006    Registered
Harrah’s License Company, LLC    Slovenia    Total Rewards (Block)    Z-200671371    8/29/2006    200671371    8/29/2006    Registered
Harrah’s License Company, LLC    South Africa    Bally    97/11631    8/4/1997    97/11631    5/8/2002    Registered
Harrah’s License Company, LLC    South Africa    Bally    95/09582    7/27/1995    95/09582    7/27/1995    Registered
Harrah’s License Company, LLC    South Africa    Bally    95/09580    7/25/1995    95/09580    7/27/1999    Registered
Harrah’s License Company, LLC    South Africa    Bally    95/09581    7/25/1995    95/09581    7/25/1995    Registered
Harrah’s License Company, LLC    South Africa    Circus Maximus    1998/16946    9/22/1998    1998/16946    3/4/2002    Registered
Harrah’s License Company, LLC    South Africa    Circus Maximus    1998/16947    9/22/1998    1998/16947    3/4/2002    Registered
Harrah’s License Company, LLC    South Africa    Cleopatra’s Fountain    2000/17584    9/6/2000    2000/17584    5/31/2005    Registered
Harrah’s License Company, LLC    South Africa    Cleopatra’s Fountain    2000/17585    9/6/2000    2000/17585    3/30/2005    Registered
Harrah’s License Company, LLC    South Africa    Cleopatra’s Fountain    2001/17586    9/6/2000    2000/17586    5/31/2005    Registered
Harrah’s License Company, LLC    South Africa    Harrah’s (Block)    91/7846    9/19/1991    91/7846    9/19/1991    Registered
Harrah’s License Company, LLC    South Africa    Harrah’s (Block)    91/7847    9/19/1991    91/7847    9/19/1991    Registered
Harrah’s License Company, LLC    South Africa    Harrah’s (New Swing)    2007/18503    8/17/2007          Filed
Harrah’s License Company, LLC    South Africa    Harrah’s (New Swing)    2007/18502    8/17/2007          Filed
Harrah’s License Company, LLC    South Africa    Roman Rewards    2002/01809    2/11/2002    2002/01809    8/8/2006    Registered
Harrah’s License Company, LLC    South Africa    Roman Rewards    2002/01810    2/11/2002    2002/01810    8/8/2006    Registered
Harrah’s License Company, LLC    South Africa    The Colosseum    1998/16941    9/22/1998    1998/16941    4/4/2002    Registered
Harrah’s License Company, LLC    South Africa    The Colosseum    1998/16942    9/22/1998    1998/16942    4/4/2002    Registered
Harrah’s License Company, LLC    South Africa    The Laurel Wreath    1998/16957    9/22/1998    1998/16957    4/4/2002    Registered
Harrah’s License Company, LLC    South Korea    Bally    20,372/89       211506    3/21/1991    Registered
Harrah’s License Company, LLC    South Korea    Bally    24,675/90       224,033    10/16/1991    Registered
Harrah’s License Company, LLC    South Korea    Harrah's (Block)    91-4221    9/24/1991    19144    2/15/2003    Registered
Harrah’s License Company, LLC    South Korea    Harrah's (New Swing)    41-2006-000027555    11/7/2006    41-0159024    1/4/2008    Registered
Harrah’s License Company, LLC    South Korea    Harrah's (New Swing)    41-2006-000027556    11/7/2006    41-0157596    12/7/2007    Registered
Harrah’s License Company, LLC    South Korea    Harrah's (Orbit Design)    9512307    12/20/1995    38504    10/14/1997    Registered
Harrah’s License Company, LLC    South Korea    Harrah's (Orbit Design)    95-12308    12/20/1995    42528    6/10/1998    Registered
Harrah’s License Company, LLC    Spain    Forum Shops    2666588(3)    8/12/2005    2666588    6/22/2006    Registered

 

63


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    Spain    Harrah’s (Block)    2720029(9)    6/29/2006    2720029    6/11/2007    Registered
Harrah’s License Company, LLC    Spain    Harrah’s (Block)    2431583    10/18/2001    2431583    10/18/2001    Registered
Harrah’s License Company, LLC    Spain    Harrah’s (Block)    2431584    10/18/2001    2431584    10/18/2001    Registered
Harrah’s License Company, LLC    Spain    Harrah’s (New Swing)    2720036(1)    6/29/2006    2720036    6/11/2007    Registered
Harrah’s License Company, LLC    Spain    The Forum Shops at Caesars    2695212    2/16/2006    2695212    7/19/2006    Registered
Harrah’s License Company, LLC    Spain    Total Rewards (Block)    27284085    8/30/2006    2728408    2/23/2007    Registered
Harrah’s License Company, LLC    Spain    Total Rewards (Block)    2775478    6/1/2007    2775478    12/10/2007    Registered
Harrah’s License Company, LLC    Sweden    Bally (Stylized Script)    813789    7/17/1981    198465    11/1/1985    Registered
Harrah’s License Company, LLC    Sweden    Bally Midway    878,896    11/11/1987    235,729    6/5/1992    Registered
Harrah’s License Company, LLC    Switzerland    Bally (Stylized Script)    176,194    4/2/1959    302,217    4/2/1959    Registered
Harrah’s License Company, LLC    Switzerland    Harrah’s (Design)    6884/93.1    4/29/1993    411.516    4/29/2003    Registered
Harrah’s License Company, LLC    Switzerland    Harrah’s (Orbit Design)    10.357/1997    12/24/1997    452191    12/24/1997    Registered
Harrah’s License Company, LLC    Taiwan    Bally    209,533    4/15/1983    209,533    4/15/1983    Registered
Harrah’s License Company, LLC    Taiwan    Bally (Stylized Script)    458393    4/16/1989    458393    4/16/1989    Registered
Harrah’s License Company, LLC    Taiwan    Club Rio (Block)    (88) 38559    8/6/1999    S129516    9/16/2000    Registered
Harrah’s License Company, LLC    Taiwan    Harrah’s (Block)    80-044284    9/30/1991    57002    5/1/1992    Registered
Harrah’s License Company, LLC    Taiwan    Harrah’s (Block)    80-044283    9/30/1991    57808    7/1/2002    Registered
Harrah’s License Company, LLC    Taiwan    Harrah’s (Block)    (95)45162    9/5/2006    1296590    1/1/2008    Registered
Harrah’s License Company, LLC    Taiwan    Harrah’s (Block)    (95)45163    9/5/2006    1276158    8/16/2007    Registered
Harrah’s License Company, LLC    Taiwan    Harrah’s (Design)    83-007940    2/24/1994    71630    8/1/1994    Registered
Harrah’s License Company, LLC    Taiwan    Harrah’s (New Swing)    (95) 45164    9/5/2006    1296591    1/1/2008    Registered
Harrah’s License Company, LLC    Taiwan    Harrah’s (New Swing)    (95)45165    9/5/2006    1276159    8/16/2007    Registered
Harrah’s License Company, LLC    Taiwan    Harrah’s (Orbit Design)    85-017830    4/19/1996    88729    2/16/1997    Registered
Harrah’s License Company, LLC    Taiwan    Harrah’s (Orbit Design)    85-017829    4/19/1996    93863    9/1/1997    Registered
Harrah’s License Company, LLC    Taiwan    Play Rio (Block)    (88) 38558    8/6/1999    S129515    9/16/2000    Registered
Harrah’s License Company, LLC    Taiwan    Play Rio (Block)    (88) 38561    8/6/1999    S159466    2/16/2002    Registered
Harrah’s License Company, LLC    Taiwan    Rio (Stylized Script)    (88) 38557    8/6/1999    S126494    7/16/2000    Registered
Harrah’s License Company, LLC    Thailand    Harrah’s (Block)    235615    10/15/1992    SM5424    10/15/2002    Registered
Harrah’s License Company, LLC    Thailand    Harrah’s (Block)    475160    12/17/2001    TM160214    5/29/2002    Registered
Harrah’s License Company, LLC    Thailand    Harrah’s (Block)    469765    12/20/2001    158207    12/20/2001    Registered
Harrah’s License Company, LLC    United Kingdom    Bally    1149993    3/5/1981    1149993    3/5/1981    Registered
Harrah’s License Company, LLC    United Kingdom    Bally    790214    4/28/1959    790214    4/28/1959    Registered

 

64


II. Trademark Registrations and Applications

 

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    United Kingdom    Bally (Stylized Script)    1441061    9/20/1990    1441061    5/15/1992    Registered
Harrah’s License Company, LLC    United Kingdom    Bally (Stylized Script)    1149994    3/5/1981    1149994    3/5/1981    Registered
Harrah’s License Company, LLC    United Kingdom    Bally (Stylized Script)    2235216    6/7/2000    2235216    6/7/2000    Registered
Harrah’s License Company, LLC    United Kingdom    Bally's    2235121    6/7/2000    2235121    6/7/2000    Registered
Harrah’s License Company, LLC    United Kingdom    Colosseum    2407108    11/15/2005    2407108    11/15/2005    Registered
Harrah’s License Company, LLC    United Kingdom    Forum Shops    2410058B    12/22/2005    2410058B    12/22/2005    Registered
Harrah’s License Company, LLC    United Kingdom    Forum Shops    2410058A    12/22/2005    2410058A    12/22/2005    Registered
Harrah’s License Company, LLC    United Kingdom    Hadrian's Wall/Hadrians Wall (Series of 2)    2364172    5/25/2004    2364172    5/24/2004    Registered
Harrah’s License Company, LLC    United Kingdom    Harrah’s (Block)    1242845    5/29/1985    1242845    5/29/1985    Registered
Harrah’s License Company, LLC    United Kingdom    Harrah’s (Block)    1272785    10/1/1986    1272785    10/1/1986    Registered
Harrah’s License Company, LLC    United Kingdom    Harrah’s (Block)    1272784    10/1/1986    1272784    10/1/1986    Registered
Harrah’s License Company, LLC    United Kingdom    Harrah’s (Block)    2430748    8/23/2006    2430748    8/23/2006    Registered
Harrah’s License Company, LLC    United Kingdom    Harrah’s (Block)    2332935    5/22/2003    2332935    5/22/2003    Registered
Harrah’s License Company, LLC    United Kingdom    Harrah’s (New Swing)    2430999    8/23/2006    2430999    8/23/2006    Registered
Harrah’s License Company, LLC    United Kingdom    Harrah’s (New Swing)    2332936    5/22/2003    2332936    5/22/2003    Registered
Harrah’s License Company, LLC    United Kingdom    Harrah’s (Orbit Design)    1583209    8/24/1994    1583209    8/24/1994    Registered
Harrah’s License Company, LLC    United Kingdom    Harrah’s Total Rewards (Block)    2286986    11/29/2001    2286986    11/29/2001    Registered
Harrah’s License Company, LLC    United Kingdom    Harrah’s Total Rewards (Block)    2337225    7/9/2003    2337225    7/9/2003    Registered
Harrah’s License Company, LLC    United Kingdom    Lucky Me and Cloud Design (series of four)    2342433    9/4/2003    2342433    9/4/2003    Registered
Harrah’s License Company, LLC    United Kingdom    Luckyme (words)    2341392B    8/21/2003    2341392B    8/21/2003    Registered
Harrah’s License Company, LLC    United Kingdom    Luckyme (words)    2341392A    8/21/2003    2341392A    8/21/2003    Registered
Harrah’s License Company, LLC    United Kingdom    Luckyme and Cloud Design (Series of Two)    2342466    9/4/2003    2342466    9/4/2003    Registered
Harrah’s License Company, LLC    United Kingdom    Luckyme.co.uk/Luckme.com (Series of Two)    2341392C    8/21/2003    2341392C    8/21/2003    Registered
Harrah’s License Company, LLC    United Kingdom    Palace of the Empire    2286083    11/20/2001    2286083    11/20/2001    Registered
Harrah’s License Company, LLC    United Kingdom    The Forum Shops at Caesars    2414832    2/16/2006    2414832    2/16/2006    Registered
Harrah’s License Company, LLC    United Kingdom    Total Rewards (Block)    2286987    11/29/2001    2286987    11/29/2001    Registered
Harrah’s License Company, LLC    United Kingdom    Total Rewards (Block)    2337226    7/9/2003    2337226    7/9/2003    Registered
Harrah’s License Company, LLC    Uruguay    Harrah’s (Block)    363375    6/22/2005    363375    3/31/2006    Registered
Harrah’s License Company, LLC    Uruguay    World Series of Poker (Block)    363.376    6/22/2005    363376    3/31/2006    Registered

 

65


II. Trademark Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    Uruguay    WSOP (Block)    363.377    6/22/2005    363.377    3/31/2006    Registered
Harrah’s License Company, LLC    Venezuela    Harrah’s (Block)    24148    10/31/2005       2/21/2007    Registered
Harrah’s License Company, LLC    Venezuela    Harrah’s (New Swing)    24149    10/31/2005          Filed
Harrah’s License Company, LLC    Vietnam    Harrah’s (Block)    4.201E+09    9/29/2006    95126    1/23/2008    Registered
Harrah’s License Company, LLC    Vietnam    Harrah’s (New Swing)    4.201E+09    9/29/2006    95127    1/23/2008    Registered
Harrah’s License Company, LLC    Vietnam    Harrah’s (Orbit Design)    N-0071/95    1/9/1995    17774    1/9/1995    Registered
Harrah’s License Company, LLC    Virgin Islands (US)    Harrah’s (Block)    NA    8/31/1992    6489    6/14/1997    Registered
Harrah’s License Company, LLC    Zambia    Bally    713/97    10/29/1997    713/97    10/29/1997    Registered

 

66


III. Copyright Registrations and Applications

U.S. Copyright Registrations and Applications:

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    United States    1933 Weymann Duesenberg Automobile Liquor Decanter       10/14/1981    VAU29-223    10/14/1981    Registered
Harrah’s License Company, LLC    United States    A Course of Study for Pai Gow          TXu191246    3/20/1985    Registered
Harrah’s License Company, LLC    United States    Alligator Copyright    NA    1/14/1998    VAU-420-946    1/14/1998    Registered
Harrah’s License Company, LLC    United States    Amerscot’s Claridge          VA526282    9/8/1992    Registered
Harrah’s License Company, LLC    United States    Bally’s First Invitational Billy Weinberger Craps Tournament          TX1085813    1/31/1983    Registered
Harrah’s License Company, LLC    United States    Bally’s Game Protection Series - Baccarat          PAu1230598    4/14/1989    Registered
Harrah’s License Company, LLC    United States    Bally’s Game Protection Series - Blackjack    NA       PAu1125879    3/25/1988    Registered
Harrah’s License Company, LLC    United States    Bally’s Game Protection Series - Craps          PAu1119683    1/11/1988    Registered
Harrah’s License Company, LLC    United States    Bally’s Game Protection Series - Roulette          PAu1230636    4/14/1989    Registered
Harrah’s License Company, LLC    United States    Better People Commercial Copyright    NA    12/5/1988    TX400874    12/5/1988    Registered
Harrah’s License Company, LLC    United States    Caesar Figure on Menu          VAu16-241    10/16/1980    Registered
Harrah’s License Company, LLC    United States    Caesars Palace Place Mat          K88582    1/23/1979    Registered
Harrah’s License Company, LLC    United States    Caesars Palace Place Mat          K79369    1/23/1979    Registered
Harrah’s License Company, LLC    United States    Cake Topper Sculpture          VA1384253    6/30/2006    Registered
Harrah’s License Company, LLC    United States    Carnival World Buffet       8/31/2005    SR 372-823    9/7/2005    Registered
Harrah’s License Company, LLC    United States    Casino Cage Cashier Training          PAu1118920    3/31/1988    Registered
Harrah’s License Company, LLC    United States    Champagne Television Commercial    NA    4/29/1998    PA 901-130    4/29/1998    Registered
Harrah’s License Company, LLC    United States    Claridge UWC Software          TXu683661    4/1/1998    Registered
Harrah’s License Company, LLC    United States    Employee Impact Study Copyright    NA    10/2/1997    TX-4-641-600    10/2/1997    Registered
Harrah’s License Company, LLC    United States    Fearsome Threesome Television Commercial    NA    4/29/1998    PA 884-686    4/29/1998    Registered
Harrah’s License Company, LLC    United States    Flamingo Bird in Grass Design #1          VA1006368    10/4/1999    Registered
Harrah’s License Company, LLC    United States    FOCAS          TXu480831    8/5/1991    Registered
Harrah’s License Company, LLC    United States    Great Time. Every Time. Television Commercial Copyright    NA    8/30/1994    PA719-143    8/30/1994    Registered
Harrah’s License Company, LLC    United States    Harrah’s Performance Evaluations Copyright 1991    NA    4/28/1992    TX518631    4/28/1992    Registered

 

67


III. Copyright Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    United States    Harrah’s Profile of the American Casino Gambler 2006          TX6-437-866    9/22/2006    Registered
Harrah’s License Company, LLC    United States    Harrah’s Responsible Gaming Manual    NA    4/28/1999    TX4-990-226    4/28/1999    Registered
Harrah’s License Company, LLC    United States    Harrah’s Responsible Gaming Manual Copyright    NA    8/1/1996    TX 4-330-965    8/1/1996    Registered
Harrah’s License Company, LLC    United States    Harrah’s Song       9/14/2005    SR 375-408    9/19/2005    Registered
Harrah’s License Company, LLC    United States    Harrah’s Survey of Casino Entertainment Copyright (1997)    NA    10/2/1997    TX4-640-926    10/2/1997    Registered
Harrah’s License Company, LLC    United States    Harrah’s Survey Profile of an American Gambler (2002)    NA    8/16/2002    TX5-725-938    8/16/2002    Registered
Harrah’s License Company, LLC    United States    Harrah’s Survey: Profile of the American Casino Gambler       8/31/2005    TX 6-252-148    9/9/2005    Registered
Harrah’s License Company, LLC    United States    Hidden Paycheck          PAu1276592    9/14/1989    Registered
Harrah’s License Company, LLC    United States    Jesters Wild (Copyright)    NA    10/18/1995    VAU-350-838    10/18/1995    Registered
Harrah’s License Company, LLC    United States    Jubilee!          PAu2256656    4/1/1998    Registered
Harrah’s License Company, LLC    United States    Jubilee!          PAu2206116    2/13/1998    Registered
Harrah’s License Company, LLC    United States    Masquerade Village Commercial No. 2    NA    1/8/2001    PA940-918    1/8/2001    Registered
Harrah’s License Company, LLC    United States    Million Dollar Blackjack Tournament Rules          TX5810725    7/15/2003    Registered
Harrah’s License Company, LLC    United States    Paris Las Vegas Balloon Design          VA1028347    2/14/2000    Registered
Harrah’s License Company, LLC    United States    Paris Las Vegas Sign          VA1030754    2/14/2000    Registered
Harrah’s License Company, LLC    United States    Paris Las Vegas Sign. By Park Place Entertainment Corporation.          VA1117733    1/28/2002    Registered
Harrah’s License Company, LLC    United States    Performance Planning/Evaluation Forms Copyright    NA    8/11/1992    TXU530873    8/11/1992    Registered
Harrah’s License Company, LLC    United States    Premier Commercial Copyright    NA    3/17/1998    PA 884-047    3/17/1998    Registered
Harrah’s License Company, LLC    United States    Recruiting/Interviewing Handbook Copyright    NA    8/18/1990    TX433603    8/18/1990    Registered
Harrah’s License Company, LLC    United States    Selection Interview Copyright Materials    NA    8/17/1990    TX431608    8/17/1990    Registered
Harrah’s License Company, LLC    United States    Sportsline: Show No. 1          PA282171    2/18/1986    Registered
Harrah’s License Company, LLC    United States    Sportsline: Show No. 2          PA282172    2/18/1986    Registered
Harrah’s License Company, LLC    United States    Sportsline: Show No. 3          PA282173    2/18/1986    Registered
Harrah’s License Company, LLC    United States    Sportsline: Show No. 4          PA282174    2/18/1986    Registered

 

68


III. Copyright Registrations and Applications

 

Owner

  

Country

  

Mark

  

App. #

  

App. Dt

  

Reg. #

  

Reg. Dt

  

Status

Harrah’s License Company, LLC    United States    Taltek Claridge          TXu331658    7/18/1988    Registered
Harrah’s License Company, LLC    United States    Teleservices Workstation Manager - Version 2.1    NA    5/15/1999    TX4-978-188    5/15/1999    Registered
Harrah’s License Company, LLC    United States    Teleservices Workstation Source Code Copyright    NA    3/30/1998    TX4-746-210    3/30/1998    Registered
Harrah’s License Company, LLC    United States    The Harrah’s Survey of Casino Entertainment -1994    NA    5/9/1994    TX3-802-270    5/9/1994    Registered
Harrah’s License Company, LLC    United States    The Harrah’s Survey of Casino Entertainment -1994    NA    5/9/1994    TX3-802-270    5/9/1994    Registered
Harrah’s License Company, LLC    United States    The Harrah’s Survey of U.S. Casino Entertainment - 1995 Edition    NA    2/29/1996    TX 4-187-830    2/29/1996    Registered
Harrah’s License Company, LLC    United States    The Harrah’s Survey of U.S. Casino Entertainment - 1996 Edition    NA    4/8/1996    TX 4 264 485    4/8/1996    Registered
Harrah’s License Company, LLC    United States    The Harrah’s Survey of U.S. Casino Gaming Entertainment - 1993    NA    4/14/1993    TX 3 537 574    4/14/1993    Registered
Harrah’s License Company, LLC    United States    The Promus Companies Idea Trade (1993) Copyright    NA    8/23/1994    TXU588-062    8/23/1994    Registered
Harrah’s License Company, LLC    United States    The Promus Companies Supervisory Feedback Survey (1993)    NA    8/23/1994    TXU588-061    8/23/1994    Registered
Harrah’s License Company, LLC    United States    Toga Teddy          VA306424    4/19/1988    Registered
Harrah’s License Company, LLC    United States    Welcome to Food and Beverage Orientation Copyright    NA    8/6/1996    TX 4-355-383    8/6/1996    Registered
Harrah’s License Company, LLC    United States    WINet Architecture    NA    5/19/1997    TX4-572-221    5/16/1997    Registered
Harrah’s License Company, LLC    United States    WINet Program Application    NA    5/16/1997    TX4-572-222    5/16/1997    Registered

 

69


Exhibit I

to the Collateral Agreement

SUPPLEMENT NO.          dated as of                      (this “Supplement”), to the Amended and Restated Collateral Agreement dated as of January 28, 2008 and as amended and restated as of June 10, 2009 (as heretofore amended and/or supplemented, the “Collateral Agreement”), among HARRAH’S OPERATING COMPANY, INC., a Delaware corporation (the “Borrower”), each Subsidiary Party party thereto and BANK OF AMERICA, N.A., as Collateral Agent (in such capacity, the “Agent”) for the Secured Parties (as defined therein).

A. Reference is made to the Credit Agreement dated as of January 28, 2008 (as amended, restated, supplemented, waived or otherwise modified from time to time, the “Credit Agreement”), among Hamlet Merger Inc. (to be merged on the Closing Date with and into Harrah’s Entertainment, Inc., “Holdings”), the Borrower, the Lenders party thereto from time to time, the Agent and the other parties named therein.

B. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement and the Collateral Agreement referred to therein.

C. The Pledgors have entered into the Collateral Agreement in order to induce the Lenders to make Loans and each L/C Issuer to issue Letters of Credit. Section 7.16 of the Collateral Agreement provides that additional Subsidiaries may become Subsidiary Parties under the Collateral Agreement by execution and delivery of an instrument in the form of this Supplement. The undersigned Subsidiary (the “New Subsidiary”) is executing this Supplement in accordance with the requirements of the Credit Agreement to become a Subsidiary Party under the Collateral Agreement in order to induce the Lenders to make additional Loans and each L/C Issuer to issue additional Letters of Credit and as consideration for Loans previously made and Letters of Credit previously issued and to induce the holders of any Other First Lien Obligations to make their respective extensions of credit thereunder and as consideration for credit previously extended by such holders.

Accordingly, the Agent and the New Subsidiary agree as follows:

SECTION 1. In accordance with Section 7.16 of the Collateral Agreement, the New Subsidiary by its signature below becomes a Subsidiary Party and a Pledgor under the Collateral Agreement with the same force and effect as if originally named therein as a Subsidiary Party and a Pledgor, and the New Subsidiary hereby (a) agrees to all the terms and provisions of the Collateral Agreement applicable to it as a Subsidiary Party and Pledgor thereunder and (b) represents and warrants that the representations and warranties made by it as a Pledgor thereunder are true and correct in all material respects on and as of the date hereof. In furtherance of the foregoing, subject to any approvals required under Gaming Laws, the New Subsidiary, as security for the payment and performance in full of the Obligations, does hereby create and grant to the Agent, its successors and assigns, for the benefit of the Secured Parties, their successors and assigns, a security interest in and Lien on all the New Subsidiary’s right, title and interest in and to the Collateral (as defined in the Collateral Agreement) of the New Subsidiary. Each reference to a “Subsidiary Party” or a “Pledgor” in the Collateral Agreement shall be deemed to include the New Subsidiary. The Collateral Agreement is hereby incorporated herein by reference.


SECTION 2. The New Subsidiary represents and warrants to the Agent and the other Secured Parties that this Supplement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms, subject to (i) the effects of bankruptcy, insolvency, moratorium, reorganization, fraudulent conveyance or other similar laws affecting creditors’ rights generally, (ii) general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law) and (iii) implied covenants of good faith and fair dealing.

SECTION 3. This Supplement may be executed in two or more counterparts, each of which shall constitute an original but all of which when taken together shall constitute but one contract. This Supplement shall become effective when (a) the Agent shall have received a counterpart of this Supplement that bears the signature of the New Subsidiary and (b) the Agent has executed a counterpart hereof. Delivery of an executed signature page to this Supplement by facsimile transmission shall be as effective as delivery of a manually signed counterpart of this Supplement.

SECTION 4. The New Subsidiary hereby represents and warrants that (a) set forth on Schedule I attached hereto is a true and correct schedule of all the Pledged Stock and Pledged Debt Securities of the New Subsidiary, (b) set forth on Schedule II attached hereto is a true and correct schedule of all Intellectual Property constituting United States registered Trademarks, Patents and Copyrights, (c) set forth on Schedule III attached hereto is a true and correct schedule of all Commercial Tort Claims in excess of $15.0 million and (d) set forth under its signature hereto, is the true and correct legal name of the New Subsidiary, its jurisdiction of formation and organizational ID number.

SECTION 5. Except as expressly supplemented hereby, the Collateral Agreement shall remain in full force and effect.

SECTION 6. THIS SUPPLEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS SUPPLEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.

SECTION 7. In the event any one or more of the provisions contained in this Supplement should be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein and in the Collateral Agreement shall not in any way be affected or impaired thereby. The parties shall endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions.

SECTION 8. All communications and notices hereunder shall be in writing and given as provided in Section 7.01 of the Collateral Agreement.

 

-2-


SECTION 9. The New Subsidiary agrees to reimburse the Agent for its reasonable out-of-pocket expenses in connection with this Supplement, including the reasonable fees, disbursements and other charges of counsel for the Agent.

 

-3-


IN WITNESS WHEREOF, the New Subsidiary and the Agent have duly executed this Supplement to the Collateral Agreement as of the day and year first above written.

 

[Name of New Subsidiary]
By:  

 

Name:  
Title:  
Legal Name:
Jurisdiction of Formation:

 

-4-


BANK OF AMERICA, N.A., as Agent,
By:  

 

Name:  
Title:  

 

-5-


Schedule I

to Supplement No.      to the

Collateral Agreement

Pledged Collateral of the New Subsidiary

EQUITY INTERESTS

 

Number of Issuer Certificate

 

Registered Owner

 

Number and Class of

Equity Interests

 

Percentage of

Equity Interests

     
     
     

DEBT SECURITIES

 

Issuer

 

Principal Amount

 

Date of Note

 

Maturity Date

     
     
     

OTHER PROPERTY


Schedule II

to Supplement No.      to the

Collateral Agreement

Intellectual Property of the New Subsidiary


Exhibit II

to the Collateral Agreement

Form of Perfection Certificate

See Attached


PERFECTION CERTIFICATE

June 10, 2009

Reference is hereby made to that certain Amended and Restated Collateral Agreement dated as of June 10, 2009 (the “Collateral Agreement”) by and among Harrah’s Operating Company, Inc., a Delaware corporation (the “Borrower”), each subsidiary of the Borrower party thereto (collectively, the “Subsidiary Parties”) and Bank of America, N.A., as Collateral Agent (in such capacity, the “Collateral Agent”). Capitalized terms used but not defined herein have the meanings assigned in the Collateral Agreement.

As used herein, the term “Company” or “Companies” means Borrower and each of the Subsidiary Parties.

The undersigned hereby certify to the Collateral Agent as follows:

1. Names.

(a) The exact legal name of each Company, as such name appears in its respective certificate of incorporation or any other organizational document, is set forth in Schedule 1(a). Each Company is (i) the type of entity disclosed next to its name in Schedule 1(a) and (ii) a registered organization except to the extent disclosed in Schedule 1(a). Also set forth in Schedule 1(a) is the organizational identification number, if any, of each Company that is a registered organization, the Federal Taxpayer Identification Number of each Company and the jurisdiction of formation of each Company.

(b) Set forth in Schedule 1(b) hereto is any other corporate or organizational names each Company has had in the past five years, together with the date of the relevant change.

(c) Set forth in Schedule 1(c) is a list of all other names used by each Company, or any other business or organization to which each Company became the successor by merger, consolidation, acquisition, change in form, nature or jurisdiction of organization or otherwise, on any filings with the Internal Revenue Service at any time between June 10, 2004 and the date hereof. Except as set forth in Schedule 1(c), no Company has changed its jurisdiction of organization at any time during the past four months.

2. Current Locations. The chief executive office of each Company is located at the address set forth in Schedule 2 hereto.

3. Locations in Arizona. (a) Set forth in Schedule 3(a) are all locations in Arizona where each Company maintains a place of business or any Collateral or any books or records relating to any Collateral.

(b) Set forth in Schedule 3(b) hereto are the names and addresses of all persons or entities other than each Company, such as lessees, consignees, warehousemen or purchasers of chattel paper, located in Arizona which have possession or are intended to have possession of any of the Collateral consisting of instruments, chattel paper, inventory or equipment.

(c) Set forth in Schedule 3(c) is the information required by Schedule 3(a) and Schedule 3(b) with respect to each location or place of business previously maintained by each Company at any time during the past four months in Arizona.


4. Extraordinary Transactions. Except for those purchases, acquisitions and other transactions described on Schedule 4 attached hereto, all of the Collateral acquired within the last five years has been originated by each Company in the ordinary course of business or consists of goods which have been acquired by such Company in the ordinary course of business from a person in the business of selling goods of that kind.

5. File Search Reports. Attached hereto as Schedule 5 is a true and accurate summary of file search reports from (A) the Uniform Commercial Code filing offices in each jurisdiction identified in Section 1(a) with respect to each legal name set forth in Section 1 and (B) each other jurisdiction which the Collateral Agent has deemed necessary to conduct searches. A true copy of each financing statement, including judgment and tax liens, bankruptcy and pending lawsuits or other filing identified in such file search reports has been delivered to the Collateral Agent.

6. UCC Filings. The financing statements (duly authorized by each Company constituting the debtor therein), including the indications of the collateral, attached as Schedule 6 relating to the Collateral Agreement or the applicable Mortgage, are in the appropriate forms for filing in the filing offices in the jurisdictions identified in Schedule 7 hereof.

7. Schedule of Filings. Attached hereto as Schedule 7 is a schedule of (i) the appropriate filing offices for the financing statements attached hereto as Schedule 6 and (ii) the appropriate filing offices for the filings described in Schedule 12(c) and (iii) any other actions required to create, preserve, protect and perfect the security interests in the Pledged Collateral (as defined in the Collateral Agreement) granted to the Collateral Agent pursuant to the Security Documents. No other filings or actions are required to create, preserve, protect and perfect the security interests in the Pledged Collateral granted to the Collateral Agent pursuant to the Security Documents.

8. Real Property. (a) Attached hereto as Schedule 8(a) is a list of all (i) material real property located in the United States owned by each Company (indicating each such property that is Mortgaged Property) as of the date hereof, (ii) filing offices for mortgages relating to the Mortgaged Property as of the date hereof, (iii) common names, addresses and uses of each Mortgaged Property (stating improvements located thereon), and (iv) other information relating thereto included on such Schedule.

(b) Attached hereto as Schedule 8(b) is a list of all material real property located in the United States that, as of the date hereof, is leased by each Company as the lessee and the addresses thereof.

9. Termination Statements. Attached hereto as Schedule 9(a) are the duly authorized termination statements in the appropriate form for filing in each applicable jurisdiction identified in Schedule 9(b) hereto with respect to each Lien described therein.

10. Stock Ownership and Other Equity Interests. Attached hereto as Schedule 10(a) is a true and correct list in all material respects of each of all of the authorized, and the issued and outstanding, stock, partnership interests, limited liability company membership interests or other equity interest of each Company and its direct Subsidiaries and the record and beneficial owners of such stock, partnership interests, membership interests or other equity interests. Also set forth on Schedule 10(b) is each equity investment of each Company that represents 50% or less of the equity of the entity in which such investment was made.

11. Instruments and Tangible Chattel Paper. Attached hereto as Schedule 11 is a true and correct list of all promissory notes, instruments (other than checks to be deposited in the ordinary course of business), tangible chattel paper, electronic chattel paper and other evidence of indebtedness in each case in excess of $15 million on an individual basis held by each Company as of June 1, 2009, including all intercompany notes between or among any two or more Companies or any of their subsidiaries.

 

-2-


12. Intellectual Property. (a) Attached hereto as Schedule 12(a) is a schedule setting forth all of each Company’s Patents, Patent Licenses, Trademarks and Trademark Licenses (each as defined in the Collateral Agreement) registered with the United States Patent and Trademark Office, and all other registered Patents, Patent Licenses, Trademarks and Trademark Licenses, including the name of the registered owner and the registration number of each Patent, Patent License, Trademark and Trademark License owned by each Company. Attached hereto as Schedule 12(b) is a schedule setting forth all of each Company’s registered United States Copyrights and Copyright Licenses (each as defined in the Collateral Agreement), and all other registered Copyrights and Copyright Licenses, including the name of the registered owner and the registration number of each Copyright or Copyright License owned by each Company.

(b) Attached hereto as Schedule 12(c) in proper form for filing with the United States Patent and Trademark Office and United States Copyright Office are the filings necessary to preserve, protect and perfect the security interests in the United States Trademarks, Trademark Licenses, Patents, Patent Licenses, Copyrights and Copyright Licenses set forth on Schedule 12(a) and Schedule 12(b), including duly signed copies of each of the Patent Collateral Agreement, Trademark Collateral Agreement and the Copyright Collateral Agreement, as applicable.

13. Commercial Tort Claims. Attached hereto as Schedule 13 is a true and correct list of all Commercial Tort Claims (as defined in the Collateral Agreement) in excess of $15 million on an individual basis held by each Company, including a brief description thereof.

14. Documented Vessels. Attached hereto as Schedule 14 is a list of all material Documented Vessels owned by each Company as of the date hereof, including the owner of the Documented Vessel, the name of the Documented Vessel, the official number issued by the NVDC (if applicable), and the location of the hailing port for such Documented Vessel.

[The Remainder of this Page has been intentionally left blank]

 

-3-


IN WITNESS WHEREOF, we have hereunto signed this Perfection Certificate as of the day first written above.

 

Harrah’s Operating Company, Inc.
By:  

 

Name:  
Title:  


Schedule 1(a)

Legal Names, Etc.

 

Legal Name

   Type Of
Entity
   Registered
Organization
(Yes/No)
   Organizational
Number
   Federal
Taxpayer
Identification
Number
   State of
Formation

Harrah’s Entertainment, Inc.

   CORP.    Yes    2212340    62-1411755    Delaware

Harrah’s Operating Company, Inc.

   CORP.    Yes    2014547    75-1941623    Delaware

California Clearing Corporation

   CORP.    Yes    C0518959    92-2421291    California

Harrah South Shore Corporation

   CORP.    Yes    C0383873    88-0074793    California

Bally’s Midwest Casino, Inc.

   CORP.    Yes    2937162    88-0404625    Delaware

Bally’s Operator, Inc.

   CORP.    Yes    2478374    52-1919594    Delaware

Caesars Palace Corporation

   CORP.    Yes    0848406    88-0172791    Delaware

Caesars Trex, Inc.

   CORP.    Yes    4555206    26-2804479    Delaware

Harrah’s International Holding Company, Inc.

   CORP.    Yes    4476254    26-1779042    Delaware

Sheraton Tunica Corporation

   CORP.    Yes    2335257    04-3196700    Delaware

AJP Holdings, LLC

   LLC    Yes    4007149    75-3197770    Delaware

AJP Parent, LLC

   LLC    Yes    4007150    75-3197768    Delaware

Biloxi Hammond, LLC

   LLC    Yes    4437026    26-1241172    Delaware

Biloxi Village Walk Development, LLC

   LLC    Yes    4407181    38-3764302    Delaware

Chester Facility Holding Company, LLC

   LLC    Yes    4283076    51-0616907    Delaware

Harrah’s Chester Downs Investment Company, LLC

   LLC    Yes    3800172    76-0760472    Delaware

Harrah’s Maryland Heights LLC

   LLC    Yes    2552048    43-1725857    Delaware

Harrah’s MH Project, LLC

   LLC    Yes    4195386    35-2276359    Delaware

Harrah’s Operating Company Memphis, LLC

   LLC    Yes    3139203    62-1802711    Delaware

Harrah’s Shreveport/Bossier City Holding Company, LLC

   LLC    Yes    3561211    71-0902683    Delaware

Harrah’s Shreveport/Bossier City Investment Company, LLC

   LLC    Yes    3561215    71-0902682    Delaware

Harrah’s Sumner Investment Company, LLC

   LLC    Yes    443910    26-1527053    Delaware

Harrah’s Sumner Management Company, LLC

   LLC    Yes    4439911    26-1527133    Delaware

 

-2-


Legal Name

   Type Of
Entity
   Registered
Organization
(Yes/No)
   Organizational
Number
   Federal
Taxpayer
Identification
Number
   State of
Formation

Harrah’s West Warwick Gaming Company, LLC

   LLC    Yes    3800169    47-0942639    Delaware

Horseshoe Gaming Holding, LLC

   LLC    Yes    3030354    88-0425131    Delaware

JCC Holding Company II LLC

   LLC    Yes    3722120    62-1650470    Delaware

Koval Holdings Company, LLC

   LLC    Yes    4184210    56-2599108    Delaware

Reno Crossroads LLC

   LLC    Yes    3026493    22-3741494    Delaware

Showboat Atlantic City Mezz 1, LLC

   LLC    Yes    4430652    26-1305647    Delaware

Showboat Atlantic City Mezz 2, LLC

   LLC    Yes    4430654    26-1305702    Delaware

Showboat Atlantic City Mezz 3, LLC

   LLC    Yes    4430655    26-1305739    Delaware

Showboat Atlantic City Mezz 4, LLC

   LLC    Yes    4430659    26-1305784    Delaware

Showboat Atlantic City Mezz 5, LLC

   LLC    Yes    4430660    26-1305816    Delaware

Showboat Atlantic City Mezz 6, LLC

   LLC    Yes    4430666    26-1305847    Delaware

Showboat Atlantic City Mezz 7, LLC

   LLC    Yes    4430671    26-1305886    Delaware

Showboat Atlantic City Mezz 8, LLC

   LLC    Yes    4430680    26-1305920    Delaware

Showboat Atlantic City Mezz 9, LLC

   LLC    Yes    4430683    26-1305951    Delaware

Showboat Atlantic City Propco, LLC

   LLC    Yes    4430958    26-1305988    Delaware

Tahoe Garage Propco, LLC

   LLC    Yes    4488319    26-1777697    Delaware

Village Walk Construction, LLC

   LLC    Yes    4423051    37-1549893    Delaware

Winnick Parent, LLC

   LLC    Yes    3907470    32-0136798    Delaware

Winnick Holdings, LLC

   LLC    Yes    3878646    42-1652004    Delaware

Bally’s Olympia Limited Partnership

   LP    Yes    2371971    36-3938276    Delaware

Caesars World, Inc.

   CORP.    Yes    212682    59-0773674    Florida

Southern Illinois Riverboat/Casino Cruises, Inc.

   CORP.    Yes    56197907    37-1272361    Illinois

Casino Computer Programming, Inc.

   CORP.    Yes    2000071800131    31-1721454    Indiana

Roman Entertainment Corporation of Indiana

   CORP.    Yes    1994080628    95-4510681    Indiana

Roman Holding Corporation of Indiana

   CORP.    Yes    1994080627    95-4510678    Indiana

Caesars Riverboat Casino, LLC

   LLC    Yes    1994080864    95-4510682    Indiana

 

-3-


Legal Name

  

Type Of

Entity

  

Registered

Organization

(Yes/No)

  

Organizational

Number

  

Federal

Taxpayer

Identification

Number

  

State of

Formation

Horseshoe Hammond, LLC

   LLC    Yes    19921111047    36-3865868    Indiana

Players Bluegrass Downs, Inc.

   CORP.    Yes    0318324    61-1250331    Kentucky

Harrah’s Bossier City Investment Company, L.L.C.

   LLC    Yes    35416679k    71-0902684    Louisiana

Horseshoe Shreveport, L.L.C.

   LLC    Yes    34859164    88-0442445    Louisiana

Jazz Casino Company, L.L.C.

   LLC    Yes    34601528k    72-1429291    Louisiana

JCC Fulton Development, L.L.C.

   LLC    Yes    34687991k    37-1527448    Louisiana

Players Riverboat II, LLC

   LLC    Yes    35386336K    72-1297055    Louisiana

Horseshoe Entertainment

   LP    Yes    344391603    72-1249477    Louisiana

BL Development Corp.

   CORP.    Yes    7T-862    41-1754530    Minnesota

GCA Acquisition Subsidiary, Inc.

   CORP.    Yes    8U-558    41-1815669    Minnesota

Grand Casinos, Inc.

   CORP.    Yes    6X-508    41-1689535    Minnesota

Grand Media Buying, Inc.

   CORP.    Yes    7K-119    41-1726209    Minnesota

Grand Casinos of Biloxi, LLC

   LLC    Yes    7L-597    41-1726211    Minnesota

Bally’s Tunica, Inc.

   CORP.    Yes    598624    36-3887302    Mississippi

East Beach Development Corporation

   CORP.    Yes    879300    30-0360590    Mississippi

Robinson Property Group Corp.

   CORP.    Yes    880599    64-0840031    Mississippi

Grand Casinos of Mississippi, LLC - Gulfport

   LLC    Yes    588242    36-4262232    Mississippi

Harrah’s North Kansas City LLC

   LLC    Yes    LC0033989    62-1802713    Missouri

B I Gaming Corporation

   CORP.    Yes    C17812-1998    88-0401326    Nevada

Benco, Inc.

   CORP.    Yes    C25100-1998    88-0409341    Nevada

Caesars Entertainment Golf, Inc.

   CORP.    Yes    C26666-2000    52-2271238    Nevada

Caesars Entertainment Akwesasne Consulting Corp.

   CORP.    Yes    C6883-2001    52-2307758    Nevada

Caesars Entertainment Canada Holding, Inc.

   CORP.    Yes    C30150-1999    88-0445777    Nevada

Caesars Entertainment Finance Corp.

   CORP.    Yes    C26663-1998    88-0410850    Nevada

Caesars Entertainment Retail, Inc.

   CORP.    Yes    C6468-2003    90-0059931    Nevada

Caesars Palace Realty Corp.

   CORP.    Yes    C2137-1969    88-0109258    Nevada

 

-4-


Legal Name

  

Type Of

Entity

  

Registered

Organization

(Yes/No)

  

Organizational

Number

  

Federal

Taxpayer

Identification

Number

  

State of

Formation

Caesars Palace Sports Promotions, Inc.

   CORP.    Yes    C3733-1975    93-0720413    Nevada

Caesars United Kingdom, Inc.

   CORP.    Yes    C1295-2005    83-0421943    Nevada

Caesars World Merchandising, Inc.

   CORP.    Yes    C4877-1981    94-2768968    Nevada

CEI-Sullivan County Development Company

   CORP.    Yes    C22820-2001    52-2338538    Nevada

Consolidated Supplies, Services and Systems

   CORP.    Yes    C7284-1999    88-0424458    Nevada

Desert Palace, Inc.

   CORP.    Yes    C2060-1964    88-0097966    Nevada

Dusty Corporation

   CORP.    Yes    C15715-1998    88-0398744    Nevada

FHR Corporation

   CORP.    Yes    C19864-1998    88-0402426    Nevada

Flamingo-Laughlin, Inc.

   CORP.    Yes    C6613-1988    88-0240867    Nevada

Harrah’s Alabama Corporation

   CORP.    Yes    C11086-1993    88-0308027    Nevada

Harrah’s Arizona Corporation

   CORP.    Yes    C739-1993    62-1523519    Nevada

Harrah’s Illinois Corporation

   CORP.    Yes    C11581-1991    88-0284653    Nevada

Harrah’s Imperial Palace Corp.

   CORP.    Yes    E0594342005-6    37-1518194    Nevada

Harrah’s Interactive Investment Company

   CORP.    Yes    C14695-1994    88-0326036    Nevada

Harrah’s Investments, Inc.

   CORP.    Yes    C6594-1994    88-0317848    Nevada

Harrah’s Kansas Casino Corporation

   CORP.    Yes    14230-1993    88-0313173    Nevada

Harrah’s Management Company

   CORP.    Yes    C2186-1983    88-0187173    Nevada

Harrah’s Marketing Services Corporation

   CORP.    Yes    C17913-1997    86-0889202    Nevada

Harrah’s Maryland Heights Operating Company

   CORP.    Yes    C10342-1995    88-0343024    Nevada

Harrah’s New Orleans Management Company

   CORP.    Yes    C5998-1993    62-1534758    Nevada

Harrah’s Pittsburgh Management Company

   CORP.    Yes    C8712-1994    88-0320269    Nevada

Harrah’s Reno Holding Company, Inc.

   CORP.    Yes    C1404-1988    62-1440237    Nevada

Harrah’s Southwest Michigan Casino Corporation

   CORP.    Yes    C5768-1995    88-0337476    Nevada

Harrah’s Travel, Inc.

   CORP    Yes    C18118-1998    88-0400542    Nevada

Harrah’s Tunica Corporation

   CORP.    Yes    C8574-1992    88-0292680    Nevada

Harrah’s Vicksburg Corporation

   CORP.    Yes    C7484-1992    88-0292320    Nevada

 

-5-


Legal Name

  

Type Of

Entity

  

Registered

Organization

(Yes/No)

  

Organizational

Number

  

Federal

Taxpayer

Identification

Number

  

State of

Formation

Harveys BR Management Company, Inc.

   CORP.    Yes    C18744-1999    91-2000710    Nevada

Harveys C.C. Management Company, Inc.

   CORP.    Yes    C12282-1993    88-0307948    Nevada

Harveys Iowa Management Company, Inc.

   CORP.    Yes    C8921-1994    88-0321071    Nevada

Harveys Tahoe Management Company, Inc.

   CORP.    Yes    C20527-1996    88-0370589    Nevada

HBR Realty Company, Inc.

   CORP.    Yes    C17601-1999    91-2000709    Nevada

HCR Services Company, Inc.

   CORP.    Yes    C21244-1996    88-0370327    Nevada

HEI Holding Company One, Inc.

   CORP.    Yes    E0450112006-7    37-1524630    Nevada

HEI Holding Company Two, Inc.

   CORP.    Yes    E0450092006-3    38-3737280    Nevada

HTM Holding, Inc.

   CORP.    Yes    E0057032008.2    26-2258855    Nevada

Las Vegas Resort Development, Inc.

   CORP.    Yes    C28463-2003    90-0123916    Nevada

LVH Corporation

   CORP.    Yes    C19865-1998    88-0402427    Nevada

Parball Corporation

   CORP.    Yes    C18280-1998    88-0410530    Nevada

Players Development, Inc.

   CORP.    Yes    C13246-1996    22-3452913    Nevada

Players Resources, Inc.

   CORP.    Yes    C17447-1995    22-3409555    Nevada

Reno Projects, Inc.

   CORP.    Yes    C4138-1993    88-0300954    Nevada

Rio Development Company, Inc.

   CORP.    Yes    C6078-1986    88-0220505    Nevada

Showboat Holding, Inc.

   CORP.    Yes    E0173592008-9    88-0220505    Nevada

Tele/Info, Inc.

   CORP.    Yes    C2434-1983    88-0188729    Nevada

Trigger Real Estate Corporation

   CORP.    Yes    C15676-1998    88-0398745    Nevada

190 Flamingo, LLC

   LLC    Yes    E0357492006-7    38-3736606    Nevada

Caesars India Sponsor Company, LLC

   LLC    Yes    E0951572006-7    N/A    Nevada

Caesars Entertainment Development, LLC

   LLC    Yes    LLC10658-2003    83-0379289    Nevada

Corner Investment Company, LLC

   LLC    Yes    E0806412006-3    37-1531785    Nevada

DCH Exchange, LLC

   LLC    Yes    E0935272006-1    61-1527745    Nevada

DCH Lender, LLC

   LLC    Yes    E0259232008-0    26-2468212    Nevada

Durante Holdings, LLC

   LLC    Yes    E0711692005-0    N/A    Nevada

 

-6-


Legal Name

   Type Of
Entity
   Registered
Organization
(Yes/No)
  

Organizational
Number

  

Federal
Taxpayer
Identification
Number

   State of
Formation

Harrah’s Bossier City Management Company, LLC, a Nevada Limited Liability Company

   LLC    Yes    LLC10593-2002    71-0902685    Nevada

Harrah’s Chester Downs Management Company, LLC

   LLC    Yes    LLC16553-2004    68-0590545    Nevada

Harrah’s License Company, LLC

   LLC    Yes    LLC19835-2004    42-1643727    Nevada

Harrah’s Shreveport Investment Company, LLC

   LLC    Yes    LLC12183-2000    88-0292677    Nevada

Harrah’s Shreveport Management Company, LLC

   LLC    Yes    LLC12184-2000    62-1839697    Nevada

H-BAY, LLC

   LLC    Yes    LLC14739-2004    42-1640291    Nevada

HCAL, LLC

   LLC    Yes    LLC30259-2004    88-0313169    Nevada

HHLV Management Company, LLC

   LLC    Yes    LLC1630-2004    87-0719578    Nevada

Hole in the Wall, LLC

   LLC    Yes    E0249142005-4    04-3813150    Nevada

Horseshoe GP, LLC

   LLC    Yes    E0629052005-3    94-3230241    Nevada

Koval Investment Company, LLC

   LLC    Yes    E0490782006-4    56-2599115    Nevada

Las Vegas Golf Management, LLC

   LLC    Yes    E0064062005-1    41-2171222    Nevada

Nevada Marketing, LLC

   LLC    Yes    E0611782005-0    30-0341987    Nevada

Players Holding, LLC

   LLC    Yes    LLC15041-2002    88-0346670    Nevada

Players International, LLC

   LLC    Yes    LLC15040-2002    95-4175832    Nevada

Players LC, LLC

   LLC    Yes    LLC15043-2002    22-3414663    Nevada

Players Maryland Heights Nevada, LLC

   LLC    Yes    LLC19287-2003    88-0345262    Nevada

Players Riverboat Management, LLC

   LLC    Yes    LLC15038-2002    88-0332373    Nevada

Players Riverboat, LLC

   LLC    Yes    LLC15037-2002    88-0332372    Nevada

Roman Empire Development, LLC

   LLC    Yes    E0893872006-2    35-2286976    Nevada

TRB Flamingo, LLC

   LLC    Yes    E0041942005-0    59-3797439    Nevada

New Gaming Capital Partnership, a Nevada Limited Partnership

   LP    Yes    LP272-1994    88-6060088    Nevada

Bally’s Park Place, Inc.

   CORP.    Yes    0100041435    36-2931526    New Jersey

Boardwalk Regency Corporation

   CORP.    Yes    0100040776    95-3147313    New Jersey

Caesars New Jersey, Inc.

   CORP.    Yes    0100066966    22-2230292    New Jersey

 

-7-


Legal Name

   Type Of
Entity
   Registered
Organization
(Yes/No)
  

Organizational
Number

  

Federal
Taxpayer
Identification
Number

   State of
Formation

Caesars World Marketing Corporation

   CORP.    Yes    0100310126    22-2746389    New Jersey

GNOC, Corp.

   CORP.    Yes    0100212433    22-2494608    New Jersey

Martial Development Corp.

   CORP.    Yes    0100675841    22-3461012    New Jersey

Ocean Showboat, Inc.

   CORP.    Yes    0100204907    22-2500790    New Jersey

Players Services, Inc.

   CORP.    Yes    0100641499    22-3400988    New Jersey

Atlantic City Country Club 1 LLC

   LLC    Yes    0400146943    21-0600260    New Jersey

Showboat Atlantic City Operating Company, LLC

   LLC    Yes    0600310093    26-1305623    New Jersey

Harrah’s NC Casino Company, LLC

   LLC    Yes    0367304    56-1936298    North Carolina

 

-8-


Schedule 1(b)

Prior Organizational Names

 

Company/Subsidiary

  

Prior Name

  

Date of
Change

Caesars Riverboat Casino, LLC

   RDI/Caesars Riverboat Casino L.L.C.    12/15/2005

Harrah’s Investments, Inc.

   Harrah’s Wheeling Corporation    7/16/2004

Horseshoe Hammond, LLC

   Horseshoe Hammond, Inc.    9/30/2005

HTM Holding, Inc.

   HTM Operating Company, Inc.    3/12/2008

Las Vegas Golf Management, LLC

   Hwood, LLC    8/27/2007
   Harrah’s Las Vegas Golf Management, LLC    12/10/2007

Nevada Marketing LLC

   Harrah’s Nevada Marketing Fund, LLC    8/3/2006

 

-9-


Schedule 1(c)

Changes in Corporate Identity; Other Names

 

Company/Subsidiary

 

Corporate Name of Entity

 

Action

 

Date of Action

 

State of
Formation

Harrah’s Operating Company, Inc.   Caesars Entertainment Inc.   Certificate of Merger   6/13/2005   DE
Atlantic City Country Club 1, LLC   Atlantic City Country Club, Inc.   Certificate of Merger   10/4/2006   NJ
Chester Downs and Marina, LLC   Chester Downs and Marina, LLC   Certificate of Correction   6/9/2004   PA
HCAL, LLC   HCAL Corporation   Articles of Conversion   12/21/2004   NV
Horseshoe Gaming Holding, LLC   Horseshoe Gaming Holding, Corp.   Certificate of Conversion   9/16/2005   DE
Horsehoe GP, LLC   Horseshoe GP, Inc.   Certificate of Conversion   9/19/2005   NV
Harrah’s Operating Company Memphis, LLC   Harrah’s Operating Company Memphis, LLC   Certificate of Conversion   6/18/2004   DE
Las Vegas Resort Development, Inc.   Winnick Merger Sub, LLC   Certificate of Merger   12/20/2006   NV
Players Development, Inc.   Players Development, Inc.   Dissolution   12/5/2005   NV
  Players Development, Inc.   Certificate of Correction - Not to Dissolve Entity   2/3/2006   NV
Robinson Property Group Corp.   Robinson Property Group Limited Partnership   Certificate of Merger   12/15/2005   MS

 

-10-


Schedule 2

Chief Executive Offices

 

Company/Subsidiary

 

Address

 

County

 

State

All Companies   One Caesars Palace Drive, Las Vegas   Clark   Nevada

 

-11-


Schedule 3(a)

Location of Places of Business, Collateral and Books and Records

in Arizona

 

Company/Subsidiary

 

Address

 

County

 

State

Harrah’s Phoenix Ak-Chin (managed by Harrah’s Arizona Corporation)   15406 Maricopa Road, Maricopa   Maricopa   Arizona

 

-12-


Schedule 3(b)

Locations of Collateral in Possession of Persons Other Than Company or Any Subsidiary in Arizona

None.

 

-13-


Schedule 3(c)

Prior Locations Maintained by Company/Subsidiaries in Arizona

None.

 

-14-


Schedule 4

Transactions Other Than in the Ordinary Course of Business

CMBS property swap — May 2008

Acquisition of Macau Golf Course — September 2007

Acquisition of London Clubs International plc — December 2006

Acquisition of Imperial Palace Hotel & Casino — December 2005

Acquisition of Caesars Entertainment, Inc. — June 2005

Acquisition of Horseshoe Gaming Holding Corp. — July 2004

 

-15-


Schedule 5

File Search Reports

Separately Ordered.

 

-16-


Schedule 6

Copy of Financing Statements To Be Filed

None.

 

-17-


Schedule 7

Filings/Filing Offices

 

Type of Filing

  

Entity

  

Applicable Collateral

Document

Mortgage, Security

Agreement or Other

  

Jurisdictions

UCC Fixture Filing    Each Company that

owns any Mortgaged

Property

   Mortgage    Filing Office identified in
Schedule 8(a)

 

-18-


Schedule 8(a)

Owned Real Property

 

    

PROPERTY

  

ADDRESS

  

MORTGAGED

  

FILING OFFICE

  

DESCRIPTION

1.   Caesars Indiana   

11999 Ave. of the Emperors,

Elizabeth, IN 47117

   Yes   

Harrison County Recorder

300 N. Capitol Avenue

Corydon, IN 47112,

and Floyd County Recorder

Attn: Real Estate Recording

P.O. Box 878

New Albany, IN 47151-0878

   Dockside Casino/Hotel
2.   Harrah’s Louisiana Downs   

8000 East Texas St.,

Bossier City, LA 71111

   Yes   

Bossier Parish Clerk of Court

Joan L. Carraway, Clerk

204 Burt Boulevard

P. O. Box

430 Benton, LA 71006

  

Land-based Casino/

Thoroughbred Racing

3.   Sheraton Casino & Hotel Tunica   

1107 Casino Center Dr.,

Robinsonville, MS 38664

   Yes   

Susie White

Tunica County Chancery Clerk

P. O. Box 217

Tunica, MS 38676

   Dockside Casino/Hotel
4.   Horseshoe Casino Tunica   

1021 Casino Center Dr.,

Robinsonville, MS 38664

   Yes   

Susie White

Tunica County Chancery Clerk

P. O. Box 217

Tunica, MS 38676

   Dockside Casino/Hotel
5.   Harrah’s St. Louis1   

777 Casino Center Dr.,

Maryland Heights, MO 63043

   Yes   

St. Louis County Recorder of Deeds

41 S. Central Avenue

St. Louis, MO 63105

   Dockside Casino/Hotel

 

1

Additional Addresses - 781 Casino Center Dr., Maryland Heights, MO 63043; 753 Casino Center Dr., Maryland Heights, MO, 63043; 750 Casino Center Dr., Maryland Heights, MO 63043; 700 Casino Center Dr., Maryland Heights, MO 63043; 12339 Prichard Farm Road, Maryland Heights, MO 63043; 12345 Prichard Farm Road, Maryland Heights, MO 63043; 12545 Prichard Farm Road, Maryland Heights, MO 63043.

 

-19-


     

PROPERTY

  

ADDRESS

  

MORTGAGED

  

FILING OFFICE

  

DESCRIPTION

6.    Bally’s Las Vegas   

A.     3645 South Las Vegas Blvd., Las Vegas, NV 89109

B.     110 East Harmon Ave., Las Vegas, NV 89109

C.     185 East Flamingo Road, Las Vegas, NV 89109

   Yes   

Clark County Recorder’s Office

500 S. Grand Central Parkway, 2nd

Floor

Las Vegas, NV 89106

   Land-based Casino/Hotel
7.    Caesars Palace & The Forum Shops   

A.     3570 South Las Vegas Blvd., Las Vegas, NV 89109

B.     3500 South Las Vegas Blvd., Las Vegas, NV 89109

   Yes   

Clark County Recorder’s Office

500 S. Grand Central Parkway, 2nd Floor

Las Vegas, NV 89106

   Land-based Casino/Hotel & Retail Center
8.    Imperial Palace Hotel and Casino2   

3535 South Las Vegas Blvd.,

Las Vegas, NV 89109

   Yes   

Clark County Recorder’s Office

500 S. Grand Central Parkway, 2nd Floor

Las Vegas, NV 89106

   Land-based Casino/Hotel
9.    Bill’s Gamblin’ Hall & Saloon   

3595 South Las Vegas Blvd.,

Las Vegas, NV 89109

   Yes   

Clark County Recorder’s Office

500 S. Grand Central Parkway, 2nd Floor

Las Vegas, NV 89106

   Land-based Casino/Hotel
10.    Harrah’s Reno Casino3   

219 North Center St.,

Reno, NV 89501

   Yes   

Washoe County Recorder’s Office

1001 E. Ninth Street

Bldg. A, Suite 140/150

Reno, NV 89520

   Land-based Casino/Hotel
11.    Crossroads Plaza4   

224 North Virginia St.,

Reno, NV 89501

   Yes   

Washoe County Recorder’s Office

1001 E. Ninth Street

Bldg. A, Suite 140/150

Reno, NV 89520

   Pavilion

 

2

Also includes vacant land known as Assessor’s Parcel Number 162-16-301-007.

3

Additional Addresses - 210 North Virginia St., Reno, NV 89501; 206 North Virginia St., Reno, NV 89501; 201 North Center St., Reno, NV 89501; 209 North Center St., Reno, NV 89501; 200 North Center St., Reno, NV 89501.

4

Additional Addresses - 236 North Virginia St., Reno, NV 89501; 6 North Virginia St., Reno, NV 89501; 14 North Virginia St., Reno, NV 89501; 16 North Virginia St., Reno, NV 89501; 20 North Virginia St., Reno, NV 89501; 46 East Commercial Row, Reno, NV 89501.

 

-20-


    

PROPERTY

  

ADDRESS

  

MORTAGED

  

FILING OFFICE

  

DESCRIPTION

12.   Bally’s Park Place Hotel and Parking Garage - Atlantic City5   

Park Place & Boardwalk,

Atlantic City, NJ 08401

   Yes   

Atlantic County Clerk’s Office

5901 Main Street

PO Box 2005

Mays Landing, NJ, 08330

   Land-based Casino/Hotel
13.   Caesars Casino, Hotel and The Pier Shops - Atlantic City6   

2100 Pacific Ave.,

Atlantic City, NJ 08401

   Yes   

Atlantic County Clerk’s Office

5901 Main Street

PO Box 2005

Mays Landing, NJ, 08330

  

Land-based Casino/Hotel,

Entertainment & Retail Center

14.   Harrah’s Metropolis7   

100 East Front St.,

Metropolis, IL 62960

   Yes    Massac County Recorder, Massac County Clerk, P.O. Box 429, Metropolis, IL 62960    Dockside Casino/Hotel
15.   Harrah’s Council Bluffs Casino   

1 Harrahs Blvd.,

Council Bluffs, IA 51501

   Yes   

Pottawattamie County Recorder Department

Pottawattamie County Court House

227 South 6th Street

Council Bluffs, IA 51501

   Dockside Casino/Hotel
16.   Horseshoe Council Bluffs   

2701 23rd Avenue,

Council Bluffs, IA 51501

   Yes   

Pottawattamie County Recorder Department

Pottawattamie County Court House

227 South 6th Street

Council Bluffs, IA 51501

   Land-based Casino/ Greyhound Racing

 

Footnote continued from previous page

 

5

Includes (a) Bally’s Park Place and Claridge Casino Hotel: 1900 Pacific Avenue, 112 Park Place, 116 Park Place, 120 Park Place, 124 Park Place, 1811 Boardwalk, 1901 Boardwalk, 106 S. Indiana Avenue, 120 S. Indiana Avenue, Atlantic City, NJ, (b) Bally’s Surface Parking Lots, Block 157: 1838 Atlantic Avenue, 1832 Atlantic Avenue, 1830 Atlantic Avenue, 14 S. Indiana Avenue, 16 S. Indiana Avenue, 20 S. Indiana Avenue, 26 S. Indiana Avenue, 30 S. Indiana Avenue, 34 S. Indiana Avenue, 1801 Pacific Avenue, 1807 Pacific Avenue, 1 Turner Place, 2 Turner Place, 7 Turner Place, 8 Turner Place, 15 S. Indiana Avenue, 11 S. Indiana Avenue, 9 S. Ohio Avenue, 7 S. Ohio Avenue, 1824 Atlantic Avenue, Atlantic City, NJ, (c) Wild West Casino: 2000 Pacific Avenue, Atlantic City, NJ, (d) Hummock Avenue site: 1920 Hummock Avenue, Atlantic City, New Jersey and (e) Egg Harbor Township Warehouse, 206 W. Parkway Drive, Egg Harbor Township, NJ

6

Includes (a) Caesars Casino Hotel and the Centurion Tower: 2100 Pacific Avenue, 2101 Pacific Avenue, 139 S. Arkansas Avenue, Atlantic City, NJ, (b) Caesars Parking Garage 1, Block 161, 2101 Pacific Avenue, Atlantic City, NJ, (c) Caesars Parking Garage 2, Block 159, 10 S. Michigan Avenue, 15 S. Arkansas Avenue, Atlantic City, NJ, (d) the Pier, 1 Atlantic Ocean, Atlantic City, NJ, (e) Surface Parking Lots, Block 157, 14 S. Indiana Avenue, 4 Turner Place, 5 Turner Place, 6 Turner Place, 21 S. Ohio Avenue; 1809 Pacific Avenue and (g) 812 Baltic Avenue, Atlantic City, NJ

7

Portion of property is leased.

 

-21-


    

PROPERTY

  

ADDRESS

  

MORTAGED

  

FILING OFFICE

  

DESCRIPTION

17.   Horseshoe Casino Hammond    Parcel 26-37-0059-003, Parcel 26-37-0098-0005, Parcel 26-37-0098-0006, 1114 Indianapolis Avenue, 1129 5th Avenue, 200 North BL Indianapolis Boulevard (Parcel 26-37-0123-0015), Parcel 26-37-0124-0016, Hammond, IN 46320    Yes   

Lake County Recorder,

Building “A”, 2nd Floor, 2293 N.

Main Street,

Crown Point, IN 46307

   Dockside Casino

18.

 

Harrah’s New Orleans:

Fulton St. Parcels,

Surface Parking Parcel

  

228 Poydra Street,

New Orleans, LA 70130

   Yes   

Recorder of Mortgages

Desiree Charbonnet, Recorder

421 Loyola Avenue

Room B-1

New Orleans, LA 70112

   Retail Development and Hotel
19.   Horseshoe Bossier City8   

711 Horseshoe Blvd.,

Bossier City, LA 71111

   Yes   

Bossier Parish Clerk of Court

Joan L. Carraway, Clerk

204 Burt Boulevard

P. O. Box 430

Benton, LA 71006

   Dockside Casino/Hotel
20.   Grand Casino & Hotel Tunica9   

13615 Old Highway 61N,

Robinsonville, MS 38664

   Yes   

Susie White

Tunica County Chancery Clerk

P. O. Box 217

Tunica, MS 38676

   Dockside Casino/Hotel
21.   Atlantic City Country Club10   

1 Leo Fraser Dr.; 900 Shore

Road, Northfield, NJ 08225

   Yes   

Atlantic County Clerk’s Office

5901 Main Street

PO Box 2005

Mays Landing, NJ, 08330

   Golf Course

 

8

Portion of property is leased.

9

Portion of property is leased.

10

Also includes vacant land located at 500 Argo Lane; 102, 110 and 116 Hemsley Place; 11 Golf View Drive; 712, 714 and 716 Shore Road; 1 Lido Drive; 137 and 141 Bonnie Lee Drive; English Lane, Northfield, NJ 08225

 

-22-


     

PROPERTY

  

ADDRESS

  

MORTAGED

  

FILING OFFICE

  

DESCRIPTION

22.    Block 15711   

17 and 19 South Ohio Avenue,

Atlantic City, NJ 08401

   Yes   

Atlantic County Clerk’s Office

5901 Main Street

PO Box 2005

Mays Landing, NJ, 08330

   Parking/Undeveloped land
23.    Schiff Parcel, NJ   

1935 Boardwalk,

Atlantic City, NJ 08401

   Yes   

Atlantic County Clerk’s Office

5901 Main Street

PO Box 2005

Mays Landing, NJ, 08330

   Undeveloped Land

 

11

Lots 33 and 1/3 of Lot 32 are being mortgaged. Other lots are mortgaged as part of Bally’s and Caesars Atlantic City.

 

-23-


     

PROPERTY

  

ADDRESS

  

MORTGAGED

  

FILING OFFICE

  

DESCRIPTION

24.    Bourbon Street Parcel   

120 East Flamingo Road,

Las Vegas, NV 89109

130, 191, 185, 175, 165, 163, 161, 141 and 135 Albert Avenue, Las Vegas NV 89109

   Yes   

Clark County Recorder’s Office

500 S. Grand Central Parkway, 2nd Floor

Las Vegas, NV 89106

   Vacant Land
25.    Project Eastside / Las Vegas Assemblage   

A.     158 Ida Ave., Las Vegas, NV 89109

B.     195 Ida Ave., Las Vegas, NV 89109

C.     189 Ida Ave., Las Vegas, NV 89109

D.     159 Ida Ave., Las Vegas, NV 89109

E.     133 Ida Ave., Las Vegas, NV 89109

F.      130 Winnick Ave., Las Vegas, NV 89109

G.     178 Winnick Ave., Las Vegas, NV 89109

H.     3993 Koval Lane, Las Vegas, NV 89169

I.       150 Albert Ave., Las Vegas, NV 89109

J.      152 Albert Ave., Las Vegas, NV 89109

K.     170 Winnick Ave., Las Vegas, NV 89109

L.     183 Ida Ave., Las Vegas, NV 89109

M.    153 Ida Ave., Las Vegas, NV 89109

N.     129 Ida Avenue, Las Vegas, NV 89109

   Yes   

Clark County Recorder’s Office

500 S. Grand Central Parkway, 2nd Floor

Las Vegas, NV 89106

   Undeveloped Land

 

-24-


     

PROPERTY

  

ADDRESS

  

MORTGAGED

  

FILING OFFICE

  

DESCRIPTION

26.    Rio Secco Golf Course   

A.     2851 Grand Hills Dr., Henderson, NV 89052

B.     2651 Grand Hills Drive, Henderson, NV 89052

C.     11411 South Eastern Avenue, Henderson, NV 89052

   Yes   

Clark County Recorder’s Office

500 S. Grand Central Parkway, 2nd Floor

Las Vegas, NV 89106

   Golf Course
27.    Tam Parcel   

Northwest Corner of Harmon

and Koval, Las Vegas, NV

   Yes   

Clark County Recorder’s Office

500 S. Grand Central Parkway, 2nd Floor

Las Vegas, NV 89106

   Undeveloped Land
28.    Town Hall Parcel   

4155 Koval Lane,

Las Vegas, NV 89109

   Yes   

Clark County Recorder’s Office

500 S. Grand Central Parkway, 2nd Floor

Las Vegas, NV 89106

   Undeveloped Land
29.    Harrah’s Joliet Casino12   

151 N. Joliet St.,

Joliet, IL 60432

   No    N/A    Dockside Casino/Hotel
30.    Turfway Park13    Florence, KY    No    N/A    Horse Racing Track
31.    Grand Casino Biloxi14   

North of I-90

265 Beach Blvd.,

Biloxi, MS 39530

   No    N/A    Land-based Casino/Hotel
32.    Biloxi Land Assemblage   

South of I-90

Biloxi, MS

   No    N/A    Vacant Land
33.    Block 28815    Atlantic City, NJ    No    N/A    Undeveloped Land
34.    Battista’s Hole in the Wall   

4041 Audrie Ave.,

Las Vegas, NV

   No    N/A    Restaurant

 

12

Not wholly owned.

13

Not wholly owned.

14

Portion of property is leased.

15

Property is under agreement to be sold.

 

-25-


     

PROPERTY

  

ADDRESS

  

MORTGAGED

  

FILING OFFICE

  

DESCRIPTION

35.    Harrah’s Chester Casino & Racetrack16   

Harrah’s Chester Downs

777 Harrah’s Blvd.

Chester, PA 19103

   No    N/A    Land-based Casino/ Harness Racing
36.    Harrah’s Concord Office Building   

850 Ridge Lake Blvd.,

Memphis, TN

   No    N/A    Office Building
37.    Former Grand Biloxi Site    Biloxi, MS    No    N/A    Casino
38.    Tracts A through G and Tracts 1, 5, and 6 of Casino Magic Site    Biloxi, MS    No    N/A    Casino

39.

  

Bills Lake Tahoe,

Harrah’s Lake Tahoe, Harveys Lake Tahoe,

  

15, 18, 27 and 31 HWY 50,

Stateline, NV 89449

   Yes   

Douglas County Recorder’s Office

1616 8th Street

Minden, NV 89423

   Land-based Casino/Hotel
40.    Showboat Atlantic City   

801 Boardwalk; 804 Pacific

Avenue RR,

Atlantic City, NJ 8040117

   Yes   

Atlantic County Clerk’s Office

5901 Main Street

PO Box 2005

Mays Landing, NJ 08330

   Land-based Casino/Hotel
41.    Summer Bay   

100 Winnick Avenue, Las

Vegas, NV 8910918

   Yes   

Clark County Recorder’s Office

500 S. Grand Central Parkway, 2nd Floor

Las Vegas, NV 89106

   Undeveloped Land

 

16

Not wholly owned.

17

Additional addresses in Atlantic City, NJ - 810 Pacific Avenue; 804 Pacific Avenue; 800 Pacific Avenue; 800 Atlantic Avenue; 815 Atlantic Avenue; 801 Atlantic Avenue, Atlantic City, NJ 80401

18

Additional Addresses in Las Vegas, NV - 142 Ida Avenue; 146 Ida Avenue; 170 Ida Avenue; 178 Ida Avenue; 190 Ida Avenue; 177 Ida Avenue; 171 Ida Avenue; 165 Ida Avenue; 147 Ida Avenue; 141 Ida Avenue; 154 Winnick Avenue; 184 Winnick Avenue; 190 Winnick Avenue; 171 Winnick Avenue; 147 Winnick Avenue; 4009 Audrie Street; 3993 Audrie Street; 3969 Audrie Street; 3953 Audrie Street, Las Vegas, NV 89109

 

-26-


Schedule 8(b)

Leased Real Property

 

PROPERTY

  

LEASE

Illinois
   Harrah’s Metropolis    Lease Agreement dated 10/9/95 between City of Metropolis and Southern Illinois Riverboat/Casino Cruises, Inc.
   Harrah’s Metropolis    Lease Agreement dated 12/10/90 between City of Metropolis and P.C.I., Inc. (Assigned by PCI to Southern Illinois Riverboat/Casino Cruises Inc. 8/25/95)
Indiana
   Horseshoe Casino Hammond    Ground Lease Agreement dated 6/30/89 between Hammond Port Authority/City of Hammond and DMS of Hammond, Inc., including sub-lease
   Horseshoe Casino Hammond    Lease Agreement dated 4/16/2002 between National Railroad Passenger Corporation (Amtrak) and Horseshoe Hammond, Inc.
Iowa
   Harrah’s Council Bluffs    Sublease Agreement dated 3/1/95 between The City of Council Bluffs and Harvey’s Iowa Management Company
     
Louisiana
   Horseshoe Bossier City    Commercial Lease dated 7/6/04 between State of Louisiana, State Land Office and Horseshoe Entertainment
   Harrah’s New Orleans    Amended and Restated Lease Agreement dated 10/29/98 between Rivergate Development Corporation and Jazz Casino Company, L.L.C., as amended.
Mississippi
   Grand Casino Biloxi    Lease dated 7/25/93 between Joe Aldrich, Jackie Aldrich, and John Brett Aldrich and Lady Luck Biloxi Inc.
   Grand Casino Biloxi    Lease Agreement dated 10/14/98 between LBC Inc. and Grand Casino of Mississippi, Inc.
   Grand Casino Biloxi    Lease Agreement dated 1/12/94 between Tyrone Gollott, Gary Gollott, and Thomas Gollott and Lady Luck Biloxi Inc.
   Grand Casino Biloxi    Ground Lease dated 6/23/92 between Mavar Properties, LLC and Grand Casinos of Mississippi Inc. Biloxi
   Grand Casino Biloxi    Public Trust Tidelands Lease dated 4/5/94 between the State of Mississippi and Casino Building Corporation of Mississippi, Inc.

 

-27-


PROPERTY

  

LEASE

   Grand Casino Biloxi    Public Trust Tidelands Lease dated 1/28/93 between the State of Mississippi and Grand Casinos of Mississippi, Inc. - Biloxi
   Grand Casino Biloxi    Public Trust Tidelands Lease dated 6/20/94 between the State of Mississippi and CHC/GCI Biloxi Limited Partnership -Assigned to Grand Casinos of Mississippi, Inc. Biloxi 12/31/95
   Grand Casino Biloxi    Public Trust Tidelands Lease of Fast Lands dated 9/29/95 between the State of Mississippi and Casino One Corp.
   Grand Casino Biloxi    Lease dated 4/4/92 between G&W Enterprises Inc. and Biloxi Casino Corp.
   Grand Casino Biloxi    Lease Agreement dated 11/23/92 between Tyrone Gollott, Gary Gollott, and Thomas Gollott and Biloxi Casino Corp.
   Grand Casino Biloxi    Tidelands Lease dated May 27, 1993 between the State of Mississippi and Biloxi Casino Corp. - Assigned to Grand Casinos of Mississippi Inc. Biloxi on 11/9/06
   Grand Casino Biloxi    Sublease and Agreement between Casino Parking, Inc., Covacevich Yacht & Sail, and the City of Biloxi executed 10/11/93. Amendment, Renewal and Extension Agreement between Casino Parking, City of Biloxi and the Secretary of State of Mississippi dated 1/1/03
   Grand Casino Tunica    Port Facility Lease Agreement dated 12/29/93 between Board of Levee Commissioners and BL Development Corp.
Missouri
   Harrah’s North Kansas City    Ground Lease dated 7/12/93 between the City of North Kansas City, Missouri and Harrah’s-North Kansas City Corporation
Nevada
   Cascata Golf Course    Lease Agreement dated 9/1/1998 between The City of Boulder City and MGM Grand Hotel Inc.
   Harrah’s Reno    Lease Agreement dated as of 12/1/1979 between The Quincy Mill and Harrah’s, Inc. for 2615 Mill St.
   Harrah’s Reno    Lease Agreement dated as of 6/13/1989 between Panattoni Development Company and Harrah’s Club for 300 E. Second St.
   Harrah’s Reno    Lease Agreement dated as of 9/1/1981 between Sidney and Laura Gilbert and Harrah Realty Co. for 135 Linden St.

 

-28-


Schedule 9(a)

Attached hereto is a true copy of each termination statement filing duly acknowledged or otherwise identified by the filing officer.

None.

 

-29-


Schedule 9(b)

Termination Statement Filings

None.

 

-30-


Schedule 10

(a) Equity Interests of Companies and Subsidiaries19

 

Record Owner

  

Current Legal Entities Owned

  

Jurisdiction

   Certificate
No.
   % of
Ownership
    %
Pledged
 
Harrah’s Entertainment, Inc.    Harrah’s Operating Company, Inc.    Delaware    3    100 %   100 %
Harrah’s Operating Company, Inc.    190 Flamingo, LLC    Nevada    N/A    100 %   100 %
   AJP Parent, LLC    Delaware    N/A    100 %   100 %
   DCH Exchange, LLC    Nevada    N/A    100 %   100 %
   Dusty Corporation    Nevada    1    100 %   100 %
   Chester Facility Holding Company, LLC    Delaware    N/A    100 %   100 %
   Corner Investment Company, LLC    Nevada    N/A    100 %   100 %
   East Beach Development Corporation    Mississippi    1    100 %   100 %
   Harrah’s Alabama Corporation    Nevada    2    100 %   100 %
   Harrah’s Arizona Corporation    Nevada    2    100 %   100 %
   H-BAY, LLC    Nevada    N/A    100 %   100 %
   Harrah’s Bossier City Management Company, LLC, a Nevada Limited Liability Company    Nevada    N/A    100 %   100 %
   HCAL, LLC    Nevada    N/A    100 %   100 %
   Harrah’s Chester Downs Investment Company, LLC    Delaware    N/A    100 %   0 %
   Harrah’s Chester Downs Management Company, LLC    Nevada    N/A    100 %   100 %
   Harrah’s Illinois Corporation    Nevada    2    100 %   100 %
   Harrah’s Imperial Palace Corp.    Nevada    1    100 %   100 %
   Harrah’s Interactive Investment Company    Nevada    2    100 %   100 %
  

Harrah’s Investments, Inc.

(stock certificate is in former name: Harrah’s Wheeling Corporation)

   Nevada    2    100 %   100 %
   Harrah’s Kansas Casino Corporation    Nevada    3    100 %   100 %

 

19

Entities denoted by a * are not wholly-owned by Harrah’s.

 

-31-


Record Owner

  

Current Legal Entities Owned

  

Jurisdiction

   Certificate
No.
   % of
Ownership
    %
Pledged
 
   Harrah’s License Company, LLC    Nevada    N/A    100 %   100 %
   Harrah’s Management Company    Nevada    4    100 %   100 %
   Harrah’s Marketing Services Corporation    Nevada    1    100 %   100 %
   Harrah’s Maryland Heights LLC    Delaware    N/A    54.45 %   100 %
   Harrah’s Maryland Heights Operating Company    Nevada    2    100 %   100 %
   Harrah’s MH Project, LLC    Delaware    N/A    100 %   100 %
   Harrah’s NC Casino Company, LLC    North Carolina    N/A    99 %   100 %
   Harrah’s New Orleans Management Company    Nevada    1    100 %   100 %
   Harrah’s North Kansas City LLC    Missouri    N/A    100 %   100 %
   Harrah’s Operating Company Memphis, LLC    Delaware    N/A    100 %   100 %
   Harrah’s Pittsburgh Management Company    Nevada    2    100 %   100 %
   Harrah’s Reno Holding Company, Inc.    Nevada    4    100 %   100 %
   Harrah’s Shreveport/Bossier City Holding Company, LLC    Delaware    N/A    100 %   100 %
   Harrah’s Shreveport Management Company, LLC    Nevada    N/A    100 %   100 %
   Harrah’s Shreveport Investment Company, LLC    Nevada    N/A    100 %   100 %
   Harrah’s Southwest Michigan Casino Corporation    Nevada    2    100 %   100 %
   Harrah’s Sumner Investment Company, LLC    Delaware    N/A    100 %   100 %
   Harrah’s Sumner Management Company, LLC    Delaware    N/A    100 %   100 %
   Harrah’s Travel, Inc.    Nevada    1    100 %   100 %
   Harrah’s Tunica Corporation    Nevada    2    100 %   100 %
   Harrah’s Vicksburg Corporation    Nevada    2    100 %   100 %
   Harrah’s West Warwick Gaming Company, LLC    Delaware    N/A    100 %   100 %
   HHLV Management Company, LLC    Nevada    N/A    100 %   100 %
   Hole in the Wall, LLC    Nevada    2    100 %   100 %
   JCC Holding Company II LLC    Delaware    N/A    100 %   100 %
   Koval Holdings Company, LLC    Delaware    N/A    100 %   100 %
   Las Vegas Golf Management, LLC    Nevada    N/A    100 %   100 %

 

-32-


Record Owner

  

Current Legal Entities Owned

  

Jurisdiction

   Certificate
No.
   % of
Ownership
    %
Pledged
 
   Nevada Marketing, LLC    Nevada    N/A    100 %   100 %
   Reno Crossroads LLC    Delaware    N/A    100 %   100 %
   Rio Development Company, Inc.    Nevada    2    100 %   100 %
   Roman Empire Development, LLC    Nevada    N/A    100 %   100 %
   TRB Flamingo, LLC    Nevada    N/A    100 %   100 %
   Trigger Real Estate Corporation    Nevada    1    100 %   100 %
   Winnick Parent, LLC    Delaware    N/A    100 %   100 %
   Players International, LLC    Nevada    N/A    100 %   100 %
   Harveys BR Management Company, Inc.    Nevada    2    100 %   100 %
   Harveys C.C. Management Company, Inc.    Nevada    2    100 %   100 %
   Harveys Iowa Management Company, Inc.    Nevada    2    100 %   100 %
   HBR Realty Company, Inc.    Nevada    2    100 %   100 %
   HCR Services Company, Inc.    Nevada    2    100 %   100 %
   Reno Projects, Inc.    Nevada    2    100 %   100 %
   Horseshoe Gaming Holding, LLC    Delaware    N/A    100 %   100 %
   Bally’s Midwest Casino, Inc.    Delaware    2    100 %   100 %
   Bally’s Park Place, Inc.    New Jersey    1    100 %   100 %
   Benco, Inc.    Nevada    2    100 %   100 %
   Caesars Entertainment Akwesasne Consulting Corp.    Nevada    2    100 %   100 %
   Caesars Entertainment Canada Holding, Inc.    Nevada    1    100 %   100 %
   Park Place Entertainment Scotia Finance Limited Partnership    New Brunswick    N/A    99 %   65 %
   Caesars Entertainment Finance Corp.    Nevada    1    100 %   100 %
   Caesars Entertainment Golf, Inc.    Nevada    2    100 %   100 %
   Caesars Entertainment Retail, Inc.    Nevada    2    100 %   100 %
   Caesars World, Inc.    Florida    CS-1    100 %   100 %
   CEI-Sullivan County Development Company    Nevada    2    100 %   100 %
   Consolidated Supplies, Services and Systems    Nevada    4    100 %   100 %
   Grand Casinos, Inc.    Minnesota    1    100 %   100 %
   Parball Corporation    Nevada    5    100 %   100 %
   Park Place Entertainment Scotia Limited    Canada    4    100 %   65 %
   Sheraton Tunica Corporation    Delaware    1    100 %   100 %

 

-33-


Record Owner

  

Current Legal Entities Owned

  

Jurisdiction

   Certificate
No.
   % of
Ownership
    %
Pledged
 
   Harrah’s International Holding Company, Inc.    Delaware    1    100 %   100 %
   VLO Development Corporation    British Virgin Islands    1    100 %   65 %
   VFC Development Corporation    British Virgin Islands    1    100 %   65 %
   HTM Holding, Inc.    Nevada    1    100 %   100 %
   Showboat Holding, Inc.    Nevada    CS-1    100 %   100 %
   Caesars Entertainment Development, LLC    Nevada    N/A    100 %   100 %
   DCH Lender, LLC    Nevada    N/A    100 %   100 %
   Caesars Trex, Inc.    Delaware    2    100 %   100 %
   HIE Holdings Topco, Inc.    Delaware    1

P-1

   100 %   100 %
   Harrah’s Operating Escrow LLC    Delaware    N/A    100 %   100 %
AJP Parent, LLC    AJP Holdings, LLC    Delaware    N/A    100 %   100 %
Harrah’s Illinois Corporation    Des Plaines Development Limited Partnership*    Delaware    N/A    80 %   100 %
Harrah’s Shreveport Investment Company, LLC    Harrah’s Shreveport/Bossier City Investment Company, LLC    Delaware    N/A    84.3 %   100 %
Harrah’s Shreveport/Bossier City Investment Company, LLC    Harrah’s Bossier City Investment Company, L.L.C.    Louisiana    N/A    100 %   100 %
JCC Holding Company II LLC    Jazz Casino Company, L.L.C.    Louisiana    2    100 %   100 %
   JCC Fulton Development, L.L.C.    Louisiana    2    100 %   100 %
Koval Holdings Company, LLC    Koval Investment Company, LLC    Nevada    N/A    100 %   100 %
Winnick Parent, LLC    Winnick Holdings, LLC    Delaware    N/A    100 %   100 %
   Las Vegas Resort Development, Inc.    Nevada    1    100 %   100 %
Players International, LLC    Players Development, Inc.    Nevada    2    100 %   100 %
   Players Holding, LLC    Nevada    N/A    100 %   100 %
   Players Resources, Inc.    Nevada    2    100 %   100 %
   Players Services, Inc.    New Jersey    2    100 %   100 %
Players Holding, LLC    Players Bluegrass Downs, Inc.    Kentucky    4    100 %   100 %
   Players LC, LLC    Nevada    N/A    100 %   100 %
   Players Maryland Heights Nevada, LLC    Nevada    N/A    100 %   100 %
   Players Riverboat, LLC    Nevada    N/A    100 %   100 %
   Players Riverboat Management, LLC    Nevada    N/A    100 %   100 %

 

-34-


Record Owner

  

Current Legal Entities Owned

  

Jurisdiction

   Certificate
No.
   % of
Ownership
    %
Pledged
 
   Southern Illinois Riverboat/Casino Cruises, Inc.    Illinois    2    100 %   100 %
Players Riverboat, LLC    Players Riverboat II, LLC    Louisiana    N/A    99 %   100 %
Horseshoe Gaming Holding, LLC   

Casino Computer Programming, Inc.

(stock certificate issued to Horseshoe Gaming Holding, Corp., the former name of Horseshoe Gaming Holding, LLC)

   Indiana    1    100 %   100 %
   Horseshoe GP, LLC    Nevada    N/A    100 %   100 %
   Horseshoe Hammond, LLC    Indiana    N/A    100 %   100 %
   Horseshoe Shreveport, L.L.C.    Louisiana    N/A    100 %   100 %
   New Gaming Capital Partnership, a Nevada Limited Partnership    Nevada    N/A    99 %   100 %
   Robinson Property Group Corp.    Mississippi    1    99 %   100 %
New Gaming Capital Partnership, a Nevada Limited Partnership    Horseshoe Entertainment    Louisiana    N/A    91.92 %   100 %
Bally’s Midwest Casino, Inc.    Bally’s Operator, Inc.    Delaware    3    100 %   100 %
   Bally’s Tunica, Inc.    Mississippi    3    100 %   100 %
Bally’s Tunica, Inc.    Bally’s Olympia Limited Partnership    Delaware    N/A    88 %   100 %
Bally’s Park Place, Inc.    Atlantic City Country Club 1, LLC    New Jersey    N/A    100 %   100 %
   GNOC, Corp.    New Jersey    6    100 %   100 %
Caesars World, Inc.    Caesars New Jersey, Inc.    New Jersey    1    100 %   100 %
   Caesars Palace Corporation    Delaware    1    100 %   100 %
   Caesars United Kingdom, Inc.    Nevada    1    100 %   100 %
   Caesars World Marketing Corporation    New Jersey    2    100 %   100 %
   Caesars World Merchandising, Inc.    Nevada    2    100 %   100 %
   Roman Entertainment Corporation of Indiana    Indiana    1    100 %   100 %
   Roman Holding Corporation of Indiana    Indiana    1    100 %   100 %
   Caesars Entertainment Windsor Holding, Inc.    Canada    C-1    100 %   65 %
Caesars New Jersey, Inc.    Boardwalk Regency Corporation    New Jersey    7    100 %   100 %
   Martial Development Corp.    New Jersey    1    100 %   100 %
Caesars Palace Corporation    Caesars Palace Realty Corp.    Nevada    3    100 %   100 %
   Desert Palace, Inc.    Nevada    201

202

   100 %   100 %

 

-35-


Record Owner

  

Current Legal Entities Owned

  

Jurisdiction

   Certificate
No.
   % of
Ownership
    %
Pledged
 
Desert Palace, Inc.    Caesars Palace Sports Promotions, Inc.    Nevada    1    100 %   100 %
   California Clearing Corporation    California    3    100 %   100 %
   Tele/Info, Inc.    Nevada    2    100 %   100 %
California Clearing Corporation    Caesars India Sponsor Company, LLC    Nevada    N/A    100 %   100 %
Caesars United Kingdom, Inc.    Caesars Entertainment, (U.K.) Ltd.    United Kingdom    1    100 %   65 %
Caesars World Marketing Corporation    Caesars World International Corporation PTE, Ltd.    Singapore    1

5

   100 %   65 %
   Caesars World International Far East Limited    Hong Kong    6

9

   100 %   65 %
Roman Holding Corporation of Indiana    Caesars Riverboat Casino, LLC    Indiana    N/A    82 %   100 %
Grand Casinos, Inc.    BL Development Corp.    Minnesota    4    100 %   100 %
   GCA Acquisition Subsidiary, Inc.    Minnesota    2    100 %   100 %
   Grand Casinos of Biloxi, LLC    Minnesota    N/A    100 %   100 %
   Grand Casinos of Mississippi, LLC - Gulfport    Mississippi    N/A    100 %   100 %
   Grand Media Buying, Inc.    Minnesota    1    100 %   100 %
Grand Casinos of Biloxi, LLC    Biloxi Village Walk Development, LLC    Delaware    N/A    100 %   100 %
   Village Walk Construction, LLC    Delaware    N/A    100 %   100 %
   Biloxi Hammond, LLC    Delaware    N/A    100 %   100 %
Parball Corporation    FHR Corporation    Nevada    1    100 %   100 %
  

Flamingo-Laughlin, Inc.

(stock certificate is in former name: Flamingo Hilton-Laughlin, Inc.)

   Nevada    3    100 %   100 %
   LVH Corporation    Nevada    1    100 %   100 %
Harrah’s International Holding Company, Inc.    Harrah’s Entertainment Limited    England    3    100 %   65 %
   B I Gaming Corporation    Nevada    4    100 %   100 %
   Baluma Holdings S.A.    Bahamas    49

5

   77.28 %   65 %
B I Gaming Corporation    HEI Holding Company One, Inc.    Nevada    3    100 %   100 %
   HEI Holding Company Two, Inc.    Nevada    3    100 %   100 %
HEI Holding Company Two, Inc.    Harrah’s International C.V.    Netherlands    N/A    99 %   65 %
AJP Holdings, LLC    Durante Holdings, LLC    Nevada    N/A    100 %   100 %

 

-36-


Record Owner

  

Current Legal Entities Owned

  

Jurisdiction

   Certificate
No.
   % of
Ownership
    %
Pledged
 
Harveys Tahoe Management Company, Inc.    Harrah South Shore Corporation    California    5    100 %   100 %
Harveys Tahoe Management Company, Inc.    Tahoe Garage Propco, LLC    Delaware    N/A    100 %   100 %
HTM Holding, Inc.    Harveys Tahoe Management Company, Inc.    Nevada    4    100 %   100 %
Ocean Showboat, Inc.    Showboat Atlantic City Mezz 9, LLC    Delaware    N/A    100 %   100 %
   Showboat Atlantic City Operating Company, LLC    New Jersey    N/A    100 %   100 %
Showboat Atlantic City Mezz 1, LLC    Showboat Atlantic City Propco, LLC    Delaware    N/A    100 %   100 %
Showboat Atlantic City Mezz 2, LLC    Showboat Atlantic City Mezz 1, LLC    Delaware    N/A    100 %   100 %
Showboat Atlantic City Mezz 3, LLC    Showboat Atlantic City Mezz 2, LLC    Delaware    N/A    100 %   100 %
Showboat Atlantic City Mezz 4, LLC    Showboat Atlantic City Mezz 3, LLC    Delaware    N/A    100 %   100 %
Showboat Atlantic City Mezz 5, LLC    Showboat Atlantic City Mezz 4, LLC    Delaware    N/A    100 %   100 %
Showboat Atlantic City Mezz 6, LLC    Showboat Atlantic City Mezz 5, LLC    Delaware    N/A    100 %   100 %
Showboat Atlantic City Mezz 7, LLC    Showboat Atlantic City Mezz 6, LLC    Delaware    N/A    100 %   100 %
Showboat Atlantic City Mezz 8, LLC    Showboat Atlantic City Mezz 7, LLC    Delaware    N/A    100 %   100 %
Showboat Atlantic City Mezz 9, LLC    Showboat Atlantic City Mezz 8, LLC    Delaware    N/A    100 %   100 %
Showboat Holding, Inc.    Ocean Showboat, Inc.    New Jersey    3    100 %   100 %
Harrah’s Chester Downs Investment Company, LLC    Chester Downs and Marina LLC*    Pennsylvania    N/A    66.66 %   0 %
Harrah’s Operating Escrow LLC    Harrah’s Escrow Corporation    Delaware    1    100 %   100 %

 

-37-


(b) Other Equity Interests20

 

Record Owner

  

Current Legal Entities Owned

   % of
Ownership
 
Boardwalk Regency Corporation    Atlantic City Express Service, LLC*    33.33 %
Caesars World, Inc.    Windsor Casino Supplies Limited*    50 %
Dusty Corporation    Turfway Park, LLC*    50 %
Southern Illinois Riverboat/Casino Cruises, Inc.    Metropolis IL 1292 LP*    12.5 %
B I Gaming Corporation    Baluma Holdings S.A.    11.47 %
   Baluma S.A.    0.11 %
Harrah’s Maryland Heights Operating Company    Harrah’s Maryland Heights LLC    0.55 %
Players Maryland Heights Nevada, LLC    Harrah’s Maryland Heights LLC    45 %
Harrah’s Management Company    Harrah’s NC Casino Company, LLC    1 %
Harrah’s Shreveport/Bossier City Holding Company, LLC    Harrah’s Shreveport/Bossier City Investment Company, LLC    9.8 %
Harrah’s Shreveport Management Company    Harrah’s Shreveport/Bossier City Investment Company, LLC    0.9 %
Harrah’s New Orleans Management Company    Harrah’s Shreveport/Bossier City Investment Company, LLC    5 %
Players Riverboat Management, LLC    Players Riverboat II, LLC    1 %
Horseshoe GP, LLC    New Gaming Capital Partnership, a Nevada Limited Partnership    1 %
   Robinson Property Group Corp.    1 %
Horseshoe Gaming Holding, LLC    Horseshoe Entertainment    8.08 %
Bally’s Midwest Casino, Inc.    Bally’s Olympia Limited Partnership    11 %
Bally’s Operator, Inc.    Bally’s Olympia Limited Partnership    1 %
Harrah’s Operating Company, Inc.    Caesars Riverboat Casino, LLC    18 %
HEI Holding Company One, Inc.    Harrah’s International C.V.    1 %
Caesars Entertainment Canada Holding, Inc.    Park Place Entertainment Scotia Finance Limited Partnership    1 %
Harrah’s Operating Company, Inc.    Caesars Bahamas Management Corporation    50 %
HEI Holding Company One, Inc.    Caesars Bahamas Management Corporation    50 %

 

20

Entities denoted by a * are not wholly-owned by Harrah’s.

 

-38-


Schedule 11

Instruments and Tangible Chattel Paper

 

1. Promissory Notes:

Global Intercompany Note

 

2. Chattel Paper:

None.

 

-39-


Schedule 12(a)

Patents and Trademarks

Separately attached.

 

-40-


Schedule 12(b)

Copyrights

Separately attached.

 

-41-


Schedule 12(c)

Intellectual Property Filings

Separately provided.

 

-42-


Schedule 13

Commercial Tort Claims

None.

 

-43-


Schedule 14

Documented Vessels

 

VESSEL NAME, OFFICIAL NUMBER, OWNER AND HAILING PORT

  

LOCATION

1.   

Name of Vessel: Glory of Rome

Official No.: 1059435

Documented Owner of Record: Roman Holding Corporation of Indiana

Hailing Port: Bridgeport, IN

  

Caesars Indiana

11999 Avenue of the Emperors

Elizabeth, IN 47117

2.   

Name of Vessel: Harrah’s North Star

Official No.: 1026498

Documented Owner of Record: Harrah’s North Kansas City LLC

(formerly known as Harrah’s North Kansas City Corporation)

Hailing Port: North Kansas City, MO

  

Harrah’s Metropolis

100 E. Front St.,

Metropolis, IL 62960

3.   

Name of Vessel: Kanesville Queen

Official No.: 1037706

Documented Owner of Record: Harveys Iowa Management Company, Inc.

Hailing Port: Council Bluffs, IA

  

Harrah’s Council Bluffs Casino

1 Harrahs Blvd.

Council Bluffs, IA 51501

4.   

Name of Vessel: King of the Red

Official No.: 1061968

Documented Owner of Record: Horseshoe Entertainment

Hailing Port: Bossier City, LA

  

Horseshoe Bossier City

711 Horseshoe Blvd.

Bossier City, LA 71111

 

-44-


Exhibit III

to Collateral Agreement

[Form of]

OTHER FIRST LIEN SECURED PARTY CONSENT

[Name of Other First Lien Secured Party]

[Address of Other First Lien Secured Party]

[Date]

 

 

 

 

 

 

 

 

 

The undersigned is the Authorized Representative for Persons wishing to become Secured Parties (the “New Secured Parties”) under the Amended and Restated Collateral Agreement dated as of January 28, 2008 and as amended and restated as of June 10, 2009 (as heretofore amended and/or supplemented, the “Collateral Agreement” (terms used without definition herein have the meanings assigned to such term by the Collateral Agreement)) among Harrah’s Operating Company, Inc., the Subsidiary Parties party thereto and Bank of America, N.A., as Collateral Agent (the “Agent”).

In consideration of the foregoing, the undersigned hereby:

(i) represents that the Authorized Representative has been duly authorized by the New Secured Parties to become a party to the First Lien Intercreditor Agreement on behalf of the New Secured Parties under that [DESCRIBE OPERATIVE AGREEMENT] (the “New Secured Obligation”) and to act as the Authorized Representative for the New Secured Parties;

(ii) acknowledges that the New Secured Parties have received a copy of the Security Documents and the First Lien Intercreditor Agreement;

(iii) appoints and authorizes the Agent to take such action as agent on its behalf and on behalf of all other Secured Parties and to exercise such powers under the Security Documents and First Lien Intercreditor Agreement as are delegated to the Agent by the terms thereof, together with all such powers as are reasonably incidental thereto;

(iv) accepts and acknowledges the terms of the First Lien Intercreditor Agreement applicable to it and the New Secured Parties and agrees to serve as Authorized Representative for the New Secured Parties with respect to the New Secured Obligations and agrees on its own behalf and on behalf of the New Secured Parties to be bound by the terms thereof applicable to holders of Other First Lien Obligations, with all the rights and

 

-2-


obligations of a Secured Party thereunder and bound by all the provisions thereof (including, without limitation, Section 2.02(b) thereof) as fully as if it had been a Secured Party on the effective date of the First Lien Intercreditor Agreement and agrees that its address for receiving notices pursuant to the Security Documents and the First Lien Intercreditor Agreement shall be as follows:

[Address]

(v) confirms the authority of the Agent to enter into such agreements on its behalf and on behalf of the New Secured Parties and agrees on its own behalf and on behalf of the New Secured Parties to be bound by the terms thereof applicable to it and the New Secured Parties as fully as if it had been a party to each such agreement on behalf of itself and the New Secured Parties.

The Agent, by acknowledging and agreeing to this Other First Lien Secured Party Consent, accepts the appointment set forth in clause (iii) above.

THIS OTHER FIRST LIEN SECURED PARTY CONSENT SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

 

-3-


ANNEX VII

AMENDED AND RESTATED GUARANTY AND PLEDGE AGREEMENT

AMENDED AND RESTATED GUARANTY AND PLEDGE AGREEMENT dated as of January 28, 2008 (as amended and restated on June 10, 2009) made by HAMLET MERGER INC., a Delaware corporation (merged on the Closing Date with and into HARRAH’S ENTERTAINMENT, INC., “Holdings”), in favor of BANK OF AMERICA, N.A., as administrative agent and collateral agent (in such capacity, the “Agent”) for the lenders (the “Lenders”) parties to the Credit Agreement, dated as of January 28, 2008 (as amended, restated, supplemented, waived or otherwise modified from time to time, (including by that certain Amendment and Waiver to Credit Agreement dated the date hereof) the “Credit Agreement”), among Holdings, Harrah’s Operating Company, Inc. (the “Borrower”), the Lenders party thereto from time to time, the Agent, and the other parties named therein.

W I T N E S S E T H :

WHEREAS, pursuant to the Credit Agreement, the Lenders have severally agreed to make loans to, and the L/C Issuers have agreed to issue certain letters of credit for the account of, the Borrower upon the terms and subject to the conditions set forth therein; and

WHEREAS, following the consummation of the Merger, Holdings became the legal and beneficial owner of the shares of Pledged Equity (as hereinafter defined) issued by the Borrower;

WHEREAS, it is a condition precedent to the obligation of the Lenders to make their respective loans to, and the L/C Issuers to issue certain letters of credit for the account of, the Borrower under the Credit Agreement that Holdings shall have executed and delivered this Agreement to the Agent for the ratable benefit of the Secured Parties;

WHEREAS, as consideration for Loans previously made and Letters of Credit previously issued and to induce the holders of any Other First Lien Obligations to make their respective extensions of credit thereunder (including the holders of the 11 1/4% Senior Secured Notes due 2017 (the “Initial Notes”) to be assumed by the Borrower, which Initial Notes are being issued pursuant to an Indenture (the “Indenture”) dated as of June 10, 2009 among Harrah’s Entertainment, Inc., the other parties thereto and U.S. Bank National Association, as trustee (the “Trustee”));

NOW, THEREFORE, in consideration of the premises and to induce the Agent and the Lenders to enter into the Credit Agreement and to induce the Lenders to make their respective loans to, and the L/C Issuers to issue certain letters of credit for the account of, the Borrower under the Credit Agreement and as consideration for Loans previously made and Letters of Credit previously issued and to induce the holders of any Other First Lien Obligations to make their respective extensions of credit thereunder, Holdings hereby agrees with the Agent, for the ratable benefit of the Secured Parties, as follows:

This Amended and Restated Guaranty and Pledge Agreement amends and restates the Guaranty and Pledge Agreement for the benefit of the Secured Parties dated as of January 28,


2008 (the “Original Guaranty and Pledge Agreement”). The obligations of Holdings under the Original Guaranty and Pledge Agreement and the grant of security interest in the Collateral by Holdings under the Original Guaranty and Pledge Agreement shall continue under this Agreement, and shall not in any event be terminated, extinguished or annulled, but shall hereafter be governed by this Agreement. All references to the “Guaranty and Pledge Agreement” in any Loan Document (other than this Agreement) or other document or instrument delivered in connection therewith shall be deemed to refer to this Agreement and the provisions hereof. It is understood and agreed that the Original Guaranty and Pledge Agreement is being amended and restated by entry into this Agreement on the date hereof.

1. Defined Terms. Unless otherwise defined herein, terms that are defined in the Credit Agreement and used herein are so used as so defined, and the following terms shall have the following meanings:

Agreement”: this Amended and Restated Guaranty and Pledge Agreement, as amended, restated, supplemented, waived or otherwise modified from time to time.

Applicable First Lien Representative”: the “Applicable Authorized Representative” as defined in the First Lien Intercreditor Agreement.

Authorized Representative”: (i) the Administrative Agent with respect to the Credit Agreement, (ii) the Trustee with respect to the Initial Notes and (iii) any duly authorized representative of any other Secured Party under Other First Lien Agreements designated as “Authorized Representative” for any Secured Party in an Other First Lien Secured Party Consent delivered to the Agent.

Collateral”: the Pledged Equity and all Proceeds thereof.

Credit Agreement Loan Documents”: the Loan Documents other than the Other First Lien Agreements.

Credit Agreement Loan Party”: each of Holdings, the Borrower, the Subsidiary Loan Parties and each other Subsidiary of the Borrower that is a party to the Credit Agreement or any other Credit Agreement Loan Document as a pledgor or guarantor.

Credit Agreement Secured Parties”: the Secured Parties other than the Other First Lien Secured Parties.

Credit Agreement Security Documents”: the Collateral Agreement and each other Security Document securing any Guaranteed Obligations.

Event of Default”: an “Event of Default” under and as defined in the Credit Agreement, the Indenture or any Other First Lien Agreement.

First Lien Intercreditor Agreement”: the First Lien Intercreditor Agreement, dated as of the date hereof, among the Agent, the Administrative Agent and U.S. Bank National Association, as the Authorized Representative of the holders of the Other First Lien Obligations in respect of the Initial Notes, as the same may be amended, restated, supplemented or otherwise modified from time to time.

 

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Gaming Authorities”: in any jurisdiction in which the Borrower or any of its subsidiaries manages or conducts any casino, gaming business or activities, the applicable gaming board, commission, or other governmental gaming regulatory body or agency which (a) has, or may at any time after the date hereof have, jurisdiction over the gaming activities at the property or any successor to such authority or (b) is, or may at any time after the date hereof be, responsible for interpreting, administering and enforcing the Gaming Laws.

Gaming Laws”: all applicable constitutions, treaties, laws, rates, regulations and orders and statutes pursuant to which any Gaming Authority possesses regulatory, licensing or permit authority over gaming, gambling or casino activities and all rules, rulings, orders, ordinances, regulations of any Gaming Authority applicable to the gambling, casino or gaming business or activities of the Borrower or any of its subsidiaries in any jurisdiction, as in effect from time to time, including the policies, interpretations and administration thereof by the Gaming Authorities.

Governmental Authority”: any federal, state, local or foreign court or governmental agency, authority, instrumentality or regulatory or legislative body.

Guaranteed Obligations”: Obligations (other than the Other First Lien Obligations).

Initial Notes Obligations”: (a) the due and punctual payment by the Borrower of (i) the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the Initial Notes, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, and (ii) all other monetary obligations of the Borrower to any Secured Party under the Indenture, the Initial Notes and each Other First Lien Agreement entered into in respect of the Initial Notes, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), (b) the due and punctual performance of all other obligations of the Borrower under or pursuant to the Indenture, the Initial Notes and each Other First Lien Agreement entered into in respect of the Initial Notes and (c) the due and punctual payment and performance of all the obligations of each other Loan Party under or pursuant to the Indenture, the Initial Notes and each Other First Lien Agreement entered into in respect of the Initial Notes.

Liquor Authorities”: in any jurisdiction in which the Borrower or any of its subsidiaries sells and distributes liquor, the applicable alcoholic beverage commission or other Governmental Authority responsible for interpreting, administering and enforcing the Liquor Laws.

 

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Liquor Laws”: the laws, rules, regulations and orders applicable to or involving the sale and distribution of liquor by the Borrower or any of its subsidiaries in any jurisdiction, as in effect from time to time, including the policies, interpretations and administration thereof by the applicable Liquor Authorities.

Loan Document Obligations”: (a) the due and punctual payment by the Borrower of (i) the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the Loans made to the Borrower, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, (ii) each payment required to be made by the Borrower under the Credit Agreement in respect of any Letter of Credit, when and as due, including payments in respect of reimbursement of disbursements, interest thereon and obligations to provide cash collateral, and (iii) all other monetary obligations of the Borrower to any of the Secured Parties under the Credit Agreement and each of the other Loan Documents (other than any Other First Lien Agreements), including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), (b) the due and punctual performance of all other obligations of the Borrower under or pursuant to the Credit Agreement and each of the other Loan Documents (other than the Other First Lien Agreements) and (c) the due and punctual payment and performance of all the obligations of each other Loan Party under or pursuant to this Agreement and each of the other Loan Documents (other than the Other First Lien Agreements).

Loan Documents”: means (a) the Credit Agreement, (b) all Other First Lien Agreements, (c) the Security Documents and (d) for purposes of paragraph 15 only, the First Lien Intercreditor Agreement.

Loan Party”: each of Holdings, the Borrower, the Subsidiary Loan Parties and each other Subsidiary of the Borrower that is a party to the Credit Agreement or any other Loan Document as a pledgor or guarantor.

New York UCC”: the Uniform Commercial Code from time to time in effect in the State of New York.

Obligations”: (a) the Loan Document Obligations, (b) the due and punctual payment and performance of all obligations of each Loan Party under each Swap Agreement that (i) is in effect on the Closing Date with a counterparty that is a Lender or an Affiliate of a Lender as of or following the Closing Date or (ii) is entered into after the Closing Date with any counterparty that is a Lender or an Affiliate of a Lender at the time such Swap Agreement is entered into (including, without limitation, the Swap Agreements referred to in Schedules 6.01, 6.04 and 6.07 to the Credit Agreement), (c) the due and punctual payment and performance of all obligations in respect of the Overdraft Line owed to a party that is a Lender or an Affiliate of a Lender as of or following the Closing Date or at the time the Overdraft Line is entered into and (d) the Other First Lien Obligations, including the Initial Notes Obligations.

 

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Other First Lien Agreement”: any indenture, including the Indenture and the Initial Notes, credit agreement (excluding the Credit Agreement) or other agreement, document or instrument pursuant to which any Loan Party has or will incur Other First Lien Obligations; provided that, in each case, the Indebtedness thereunder (other than the Initial Notes Obligations) has been designated as Other First Lien Obligations pursuant to and in accordance with paragraph 33.

Other First Lien Obligations”: the due and punctual payment by the Borrower of (i) the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on Indebtedness under any Other First Lien Agreement, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, and (ii) all other monetary obligations of the Borrower to any Secured Party under any Other First Lien Agreement, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), (b) the due and punctual performance of all other obligations of the Borrower under or pursuant to any Other First Lien Agreement and (c) the due and punctual payment and performance of all the obligations of each other Loan Party under or pursuant to any Other First Lien Agreement, in each case (other than in the case of Initial Notes Obligations), that have been designated as Other First Lien Obligations pursuant to and in accordance with paragraph 33.

Other First Lien Secured Parties”: collectively, the holders of Other First Lien Obligations and any Authorized Representative with respect thereto including the Trustee and the holders of Initial Notes.

Other First Lien Secured Party Consent”: a consent in the form of Exhibit I to this Agreement executed by the Authorized Representative of any holders of Other First Lien Obligations pursuant to paragraph 33.

Pledged Equity”: all of the Equity Interests of the Borrower listed on Schedule I hereto, together with all certificates, options or rights (including any additional Equity Interests of the Borrower) of any nature whatsoever that may be issued or granted by the Borrower to Holdings while this Agreement is in effect.

Proceeds”: all “proceeds” as such term is defined in Section 9-102(a)(64) of the New York UCC on the date hereof and, in any event, shall include, without limitation, all dividends or other income from the Pledged Equity, and any and all collections on the foregoing or distributions with respect to the foregoing.

Requirement of Law”: with respect to any person, the common law and all federal, state, local and foreign laws, rules and regulations, orders, judgments, decrees and other legal requirements or determinations (including, without limitation, any Gaming Law) of any Governmental Authority or arbitrator, applicable to or binding upon such person or any of its property or which such Person or any of its property is subject.

 

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Secured Parties”: (a) the Lenders, (b) the Agent, (c) each L/C Issuer, (d) each counterparty to any Swap Agreement with a Loan Party the obligations under which constitute Obligations, (e) the beneficiaries of each indemnification obligation undertaken by any Loan Party under any Loan Document (other than any Other First Lien Agreement), (f) the providers of the Overdraft Line, the obligations in respect of which constitute Obligations (other than any Other First Lien Obligations), (g) the Other First Lien Secured Parties and (h) the successors and permitted assigns of each of the foregoing.

Security Documents”: this Agreement and the other First Lien Security Documents as defined in the First Lien Intercreditor Agreement (but with respect to the Obligations of any Series (as defined in the First Lien Intercreditor Agreement), the term Security Documents shall not include any such other First Lien Security Documents which by its terms is solely for the benefit of the holders of one or more other Series of Obligations and not such Series of Obligations).

2. Guarantee. Holdings unconditionally guarantees to the Agent, as a primary obligor and not merely as a surety, the due and punctual payment and performance of the Guaranteed Obligations for the benefit of the Credit Agreement Secured Parties. Holdings further agrees that the Guaranteed Obligations may be extended or renewed, in whole or in part, without notice to or further assent from it, and that it will remain bound upon its guarantee notwithstanding any extension or renewal of any Guaranteed Obligation. Holdings waives presentment to, demand of payment from and protest to the Borrower or any other Credit Agreement Loan Party of any of the Guaranteed Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment.

3. Guarantee of Payment. Holdings further agrees that its guarantee hereunder constitutes a guarantee of payment when due and not of collection, and waives any right to require that any resort be had by the Agent or any other Credit Agreement Secured Party to any security held for the payment of the Guaranteed Obligations or to any balance of any deposit account or credit on the books of the Agent or any other Credit Agreement Secured Party in favor of the Borrower or any other person.

4. No Limitations, Etc. (a) Except for termination or release of Holdings’ obligations hereunder as expressly provided for in paragraph 26, the obligations of Holdings hereunder shall not be subject to any reduction, limitation, impairment or termination for any reason, including any claim of waiver, release, surrender, alteration or compromise, and shall not be subject to any defense or setoff, counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality or unenforceability of the Guaranteed Obligations or otherwise (other than defense of payment or performance). Without limiting the generality of the foregoing, the obligations of Holdings hereunder shall not be discharged or impaired or otherwise affected by:

(i) the failure of the Agent or any other Credit Agreement Secured Party to assert any claim or demand or to exercise or enforce any right or remedy under the provisions of any Credit Agreement Loan Document or otherwise;

 

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(ii) any rescission, waiver, amendment or modification of, or any release from any of the terms or provisions of, any Credit Agreement Loan Document or any other agreement;

(iii) the failure to perfect any security interest in, or the exchange, substitution, release or any impairment of, any security held by the Agent or any other Credit Agreement Secured Party for the Guaranteed Obligations;

(iv) any default, failure or delay, willful or otherwise, in the performance of the Guaranteed Obligations;

(v) any other act or omission that may or might in any manner or to any extent vary the risk of Holdings or otherwise operate as a discharge of Holdings as a matter of law or equity (other than the payment in full in cash of all the Guaranteed Obligations);

(vi) any illegality, lack of validity or enforceability of any Guaranteed Obligation;

(vii) any change in the corporate existence, structure or ownership of the Borrower, or any insolvency, bankruptcy, reorganization or other similar proceeding affecting the Borrower or its assets or any resulting release or discharge of any Guaranteed Obligation (other than the payment in full in cash of all the Guaranteed Obligations);

(viii) the existence of any claim, set-off or other rights that Holdings may have at any time against the Borrower, the Agent, or any other corporation or person, whether in connection herewith or any unrelated transactions, provided that nothing herein will prevent the assertion of any such claim by separate suit or compulsory counterclaim; and

(ix) and any other circumstance (including without limitation, any statute of limitations) or any existence of or reliance on any representation by the Agent that might otherwise constitute a defense to, or a legal or equitable discharge of, the Borrower or Holdings or any other guarantor or surety.

Holdings expressly authorizes the Credit Agreement Secured Parties (or the Agent on behalf of the Credit Agreement Secured Parties) to take and hold security for the payment and performance of the Guaranteed Obligations, to exchange, waive or release any or all such security (with or without consideration), to enforce or apply such security and direct the order and manner of any sale thereof in their sole discretion or to release or substitute any one or more other guarantors or obligors upon or in respect of the Guaranteed Obligations, all without affecting the obligations of Holdings hereunder.

(b) To the fullest extent permitted by applicable law, Holdings waives any defense based on or arising out of any defense of any other Credit Agreement Loan Party or the unenforceability of the Guaranteed Obligations or any part thereof from any cause, or the cessation from any cause of the liability of any other Credit Agreement Loan Party, other than

 

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the payment in full in cash or immediately available funds of all the Guaranteed Obligations (other than contingent or unliquidated obligations or liabilities). The Agent and the other Credit Agreement Secured Parties may, at their election, foreclose on any security held by one or more of them by one or more judicial or nonjudicial sales, accept an assignment of any such security in lieu of foreclosure, compromise or adjust any part of the Guaranteed Obligations, make any other accommodation with any other Credit Agreement Loan Party or exercise any other right or remedy available to them against any other Credit Agreement Loan Party, without affecting or impairing in any way the liability of Holdings hereunder except to the extent the Guaranteed Obligations (other than contingent or unliquidated obligations or liabilities) have been paid in full in cash or immediately available funds. To the fullest extent permitted by applicable law, Holdings waives any defense arising out of any such election even though such election operates, pursuant to applicable law, to impair or to extinguish any right of reimbursement or subrogation or other right or remedy of Holdings against any other Credit Agreement Loan Party, as the case may be, or any security.

5. Reinstatement. Holdings agrees that its guarantee hereunder shall continue to be effective or be reinstated, as the case may be, if at any time payment, or any part thereof, of any Guaranteed Obligation is rescinded or must otherwise be restored by the Agent or any other Credit Agreement Secured Party upon the bankruptcy or reorganization of the Borrower, any other Credit Agreement Loan Party or otherwise.

6. Agreement To Pay; Indemnification. In furtherance of the foregoing and not in limitation of any other right that the Agent or any other Credit Agreement Secured Party has at law or in equity against Holdings by virtue hereof, upon the failure of the Borrower to pay any Guaranteed Obligation when and as the same shall become due, whether at maturity, by acceleration, after notice of prepayment or otherwise, Holdings hereby promises to and will forthwith pay, or cause to be paid, to the Agent for distribution to the applicable Credit Agreement Secured Parties in cash the amount of such unpaid Guaranteed Obligation. Upon payment by Holdings of any sums to the Agent as provided above, the Borrower agrees that (a) the Borrower shall indemnify Holdings for the full amount of such payment and Holdings shall be subrogated to the rights of the person to whom such payment shall have been made to the extent of such payment and (b) in the event any assets of Holdings shall be sold pursuant to this Agreement or any other Credit Agreement Security Documents to satisfy in whole or in part a Guaranteed Obligation of the Borrower, the Borrower shall indemnify Holdings in an amount equal to the greater of the book value or the fair market value of the assets so sold.

7. Information. Holdings assumes all responsibility for being and keeping itself informed of the financial condition and assets of the Borrower and each other Credit Agreement Loan Party, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that Holdings assumes and incurs hereunder, and agrees that none of the Agent or the other Credit Agreement Secured Parties will have any duty to advise Holdings of information known to it or any of them regarding such circumstances or risks.

8. Maximum Liability. Anything herein or in any other Credit Agreement Loan Documents to the contrary notwithstanding, the maximum liability of Holdings hereunder and under the other Credit Agreement Loan Documents shall in no event exceed the amount which can be guaranteed by Holdings under applicable federal and state laws relating to the insolvency of debtors.

 

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9. Pledge; Grant of Security Interest. Holdings hereby transfers and grants to the Agent, for the benefit of the Secured Parties (and hereby confirms its prior transfer and grant to the Agent for the benefit of the Credit Agreement Secured Parties), a security interest in all of Holdings’ right, title and interest in the Collateral, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Obligations.

In the event that Rule 3-16 of Regulation S-X under the Securities Act of 1933, as amended (“Rule 3-16”) is amended, modified or interpreted by the Securities Exchange Commission (“SEC”) to require (or is replaced with another rule or regulation, or any other law, rule or regulation is adopted, which would require) the filing with the SEC (or any other Governmental Authority) of separate financial statements of the Borrower due to the fact that the Borrower’s Equity Interests secures the Other First Lien Obligations affected thereby, then the Equity Interests of the Borrower will automatically be deemed not to be part of the Collateral securing the relevant Other First Lien Obligations affected thereby but only to the extent necessary to not be subject to such requirement and only for so long as required to not be subject to such requirement. In such event, this Agreement may be amended or modified, without the consent of any Secured Party, to the extent necessary to release the Lien in favor of the Agent on the Equity Interests that are so deemed to no longer constitute part of the Collateral for the relevant Other First Lien Obligations only. In the event that Rule 3-16 is amended, modified or interpreted by the SEC to permit (or is replaced with another rule or regulation, or any other law, rule or regulation is adopted, which would permit) the Borrower’s Equity Interests to secure the Other First Lien Obligations in excess of the amount then pledged without the filing with the SEC (or any other Governmental Authority) of separate financial statements of the Borrower, then the Equity Interests of the Borrower will automatically be deemed to be a part of the Collateral for the relevant Other First Lien Obligations. For the avoidance of doubt and notwithstanding anything to the contrary in this Agreement, nothing in this paragraph shall limit the pledge of such Equity Interests and other securities from securing the Obligations (other than the Other First Lien Obligations) at all relevant times or from securing any Other First Lien Obligations that are not in respect of securities subject to regulation by the SEC. To the extent any proceeds of any collection or sale of Equity Interests deemed by this paragraph to no longer constitute part of the Collateral for the relevant Other First Lien Obligations are to be applied by the Agent in accordance with paragraph 15 hereof, such proceeds shall, notwithstanding the terms of paragraph 15 or the First Lien Intercreditor Agreement, not be applied to the payment of such Other First Lien Obligations.

10. Powers; Endorsements. Concurrently with the delivery to the Agent of each certificate representing Pledged Equity, Holdings shall deliver an undated stock power covering such certificate, duly executed in blank by Holdings.

11. Representations and Warranties. Holdings represents and warrants that as of the date hereof:

(a) the Pledged Equity listed on Schedule I constitutes all of the issued and outstanding Equity Interests of the Borrower issued to Holdings;

 

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(b) all the shares of Pledged Equity have been duly and validly issued and are fully paid and nonassessable;

(c) Holdings is the record and beneficial owner of, and has good title to, the Pledged Equity listed on Schedule I to be pledged by Holdings, free of any and all Liens or options in favor of, or claims of, any other Person, except the Lien created by this Agreement; and

(d) upon delivery of any certificates representing Pledged Equity duly endorsed in blank and the completion of the filings specified on Schedule II hereto (which actions have been taken prior to the Closing Date to the extent required by the Original Guaranty and Pledge Agreement and shall continue to apply to the Obligations under this Agreement), the Lien granted pursuant to this Agreement constitutes (and will continue to constitute in the case of the Obligations (other than the Other First Lien Obligations)) a valid, perfected and enforceable first priority Lien on the Collateral in favor of the Agent, for the benefit of the Secured Parties, except as enforceability may be affected by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors’ rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing.

12. Covenants. Holdings covenants and agrees with the Agent and the Lenders, that, from and after the date of this Agreement until the date of its termination pursuant to 26(a):

(a) If Holdings shall, as a result of its ownership of the Collateral, become entitled to receive or shall receive any certificate (including, without limitation, any certificate representing a dividend or a distribution in connection with any reclassification, increase or reduction of capital or any certificate issued in connection with any reorganization), promissory note or other instrument, option or rights, whether in addition to, in substitution of, as a conversion of, or in exchange for any of the Collateral, or otherwise in respect thereof, subject to applicable Gaming Laws, Holdings shall promptly deliver the same forthwith to the Agent in the exact form received, duly indorsed by Holdings to the Agent, if required, together with an undated power or endorsement, as appropriate, covering such certificate, note or instrument duly executed in blank by Holdings, to be held by the Agent, subject to the terms hereof, as additional collateral security for the Obligations. Any sums paid upon or in respect of the Collateral upon the liquidation or dissolution of the Borrower shall be paid over to the Agent to be held by it hereunder as additional collateral security for the Obligations, and in case any distribution of capital shall be made on or in respect of the Collateral or any property shall be distributed upon or with respect to the Collateral pursuant to the recapitalization or reclassification of the capital of the Borrower or pursuant to the reorganization thereof, the property so distributed shall be delivered to the Agent to be held by it hereunder as additional collateral security for the Obligations.

 

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(b) At any time and from time to time, upon the written request of the Agent, and at the sole expense of Holdings, Holdings will promptly and duly execute and deliver such further instruments and documents and take such further actions as the Applicable First Lien Representative may reasonably request for the purposes of obtaining or preserving the full benefits of this Agreement and of the rights and powers herein granted.

(c) Holdings agrees to pay, and to save the Agent and the Secured Parties harmless from, any and all liabilities with respect to, or resulting from any delay in paying, any and all stamp, excise, sales or other similar taxes which may be payable or determined to be payable with respect to any of the Collateral or in connection with any of the transactions contemplated by this Agreement.

13. Dividends; Voting Rights; Interest Payments. Unless an Event of Default shall have occurred and be continuing and the Agent shall have given notice to Holdings of the Agent’s intent to exercise its rights pursuant to paragraph 14 below, Holdings shall be permitted to receive and retain, and to utilize free and clear of the Lien of this Agreement, all distributions made in respect of the Pledged Equity and to exercise all voting and other consensual rights and powers inuring to an owner of such Pledged Equity, provided, that such rights and powers shall not be exercised in any manner that could materially and adversely affect the rights and remedies of any of the Agent or the other Secured Parties under this Agreement, the Credit Agreement, any Other First Lien Agreement or any other Loan Document or the ability of the Secured Parties to exercise the same.

14. Rights of the Lenders and the Agent. (a) If an Event of Default shall occur and be continuing and the Agent shall give notice of its intent to exercise its rights hereunder to Holdings, subject to applicable Gaming Laws, (i) the Agent shall have the right to receive any and all distributions paid in respect of the Pledged Equity and make application thereof to the Obligations in a manner consistent with paragraph 15 (other than cash distributions made to Holdings permitted by Section 6.06(b) of the Credit Agreement and not prohibited by any Other First Lien Agreement, without duplication, which such distributions may be received and retained by Holdings), and (ii) all shares of the Pledged Equity shall be registered in the name of the Agent or its nominee, and the Agent or its nominee may thereafter exercise (A) all voting and other consensual rights and powers pertaining to such shares of the Pledged Equity at any meeting of the board of directors of the Borrower or otherwise and (B) any and all rights of conversion, exchange, subscription and any other rights, privileges or options pertaining to such shares of the Pledged Equity as if it were the absolute owner thereof (including, without limitation, the right to exchange at its discretion any and all of the Pledged Equity upon the merger, consolidation, reorganization, recapitalization or other fundamental change in the organizational structure of the Borrower, or upon the exercise by Holdings or the Agent of any right, privilege or option pertaining to such shares of the Pledged Equity, and in connection therewith, the right to deposit and deliver any and all of the Pledged Equity with any committee, depositary, transfer agent, registrar or other designated agency upon such terms and conditions as it may determine), all without liability except to account for property actually received by it and except for its gross negligence or willful misconduct, but the Agent shall have no duty to Holdings to exercise any such right, privilege or option and shall not be responsible for any failure to do so or delay in so doing.

 

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(b) The rights of the Agent and the Secured Parties hereunder shall not be conditioned or contingent upon the pursuit by the Agent or any Secured Party of any right or remedy against the Borrower or against any other Person which may be or become liable in respect of all or any part of the Obligations or against any collateral security therefor, guarantee therefor or right of set-off with respect thereto. Neither the Agent nor any Secured Party shall be liable for any failure to demand, collect or realize upon all or any part of the Collateral or for any delay in doing so, except to the extent that such failure constitutes gross negligence or willful misconduct, nor shall the Agent be under any obligation to sell or otherwise dispose of any Collateral upon the request of Holdings or any other Person or to take any other action whatsoever with regard to the Collateral or any part thereof.

15. Remedies. If an Event of Default shall occur and be continuing and the Agent shall have given notice of its intent to exercise its rights hereunder to Holdings, the Agent, on behalf of the Secured Parties, may exercise, in addition to all other rights and remedies granted in this Agreement and in any other instrument or agreement securing, evidencing or relating to the Obligations, all rights and remedies of a secured party under the New York UCC or applicable law. Without limiting the generality of the foregoing, the Agent, without demand of performance or other demand, presentment, protest, advertisement or notice of any kind (except any notice required by law referred to below and any notice referred to in the preceding sentence) to or upon Holdings, the Borrower, or any other Person (all and each of which demands, defenses, advertisements and notices are hereby waived), may in such circumstances forthwith collect, receive, appropriate and realize upon the Collateral, or any part thereof, and/or may forthwith sell, assign, give option or options to purchase or otherwise dispose of and deliver the Collateral or any part thereof (or contract to do any of the foregoing), in one or more parcels at public or private sale or sales, in the over-the-counter market, at any exchange or broker’s board or office of the Agent or any Secured Party or elsewhere upon such terms and conditions as it may deem advisable and at such prices as it may deem best, for cash or on credit or for future delivery without assumption of any credit risk. The Agent or any Secured Party shall have the right upon any such public sale or sales, and, to the extent permitted by law, upon any such private sale or sales, to purchase the whole or any part of the Collateral so sold, free of any right or equity of redemption in Holdings, which right or equity is hereby waived or released. The Agent shall hold any Proceeds hereunder for the benefit of the Secured Parties as collateral security for the Obligations (whether matured or unmatured), and/or the net proceeds of any such collection, recovery, receipt, appropriation, realization or sale, may then or at any time thereafter, in the sole discretion of the Agent, be applied by the Agent against the Obligations then due and owing in the following order of priority:

FIRST, to the payment of all reasonable costs and expenses incurred by the Agent in connection with such collection or sale or otherwise in connection with this Agreement, any other Loan Document or any of the Obligations, including all court costs and the reasonable fees and expenses of its agents and legal counsel, the repayment of all advances made by the Agent hereunder or under any other Loan Document on behalf of Holdings and any other reasonable costs or expenses incurred in connection with the exercise of any right or remedy hereunder or under any other Loan Document;

 

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SECOND, to the payment of all other Obligations (the amounts so applied to be distributed pro rata among the Secured Parties in accordance with the amounts of the Obligations owed to them on the date of any such distribution); and

THIRD, to Holdings or its successors or assigns, or as a court of competent jurisdiction may otherwise direct.

To the extent permitted by applicable law, Holdings waives all claims, damages and demands it may acquire against the Agent or any Secured Party arising out of the lawful exercise by them of any rights hereunder. If any notice of a proposed sale or other disposition of Collateral shall be required by law, such notice shall be deemed reasonable and proper if given at least 10 days before such sale or other disposition.

16. Registration Rights; Private Sales. (a) If the Agent shall determine to exercise its right to sell any or all of the Pledged Equity pursuant to paragraph 15 hereof, and if in the opinion of the Agent it is necessary or advisable to have the Pledged Equity or that portion thereof to be sold, registered under the provisions of the Securities Act of 1933, as amended (the “Securities Act”), subject to applicable Gaming Laws, Holdings will use its commercially reasonable efforts to take or to cause the Borrower to take such action and prepare, distribute and/or file such documents, as required or advisable in the reasonable opinion of counsel for the Agent to permit the public sale of such Pledged Equity.

(b) Holdings recognizes that the Agent may be unable to effect a public sale of any or all the Pledged Equity by reason of certain prohibitions contained in the Securities Act and applicable state securities laws or otherwise, and may be compelled to resort to one or more private sales thereof to a restricted group of purchasers that will be obliged to agree, among other things, to acquire such securities for their own account for investment and not with a view to the distribution or resale thereof. Holdings acknowledges and agrees that any such private sale may result in prices and other terms less favorable than if such sale were a public sale and, notwithstanding such circumstances, agrees that any such private sale shall be deemed to have been made in a commercially reasonable manner. The Agent shall be under no obligation to delay a sale of any of the Pledged Equity for the period of time necessary to permit the Borrower to register such securities for public sale under the Securities Act, or under applicable state securities laws, even if the Borrower would agree to do so.

(c) Holdings further agrees to use its commercially reasonable efforts to do or cause to be done all such other acts as may be necessary to make such sale or sales of all or any portion of the Pledged Equity pursuant to this paragraph 16 valid and binding and in compliance with any and all other applicable Requirements of Law. Holdings will bear all costs and expenses of carrying out its obligations under this paragraph 16. Holdings acknowledges that there is no adequate remedy at law for failure by it to comply with the provisions of this paragraph 16 only and that such failure would not be adequately compensable in damages and, therefore, agrees that its agreements contained in this paragraph 16 may be specifically enforced.

17. Limitation on Duties Regarding Collateral. The Agent’s sole duty with respect to the custody, safekeeping and physical preservation of the Collateral in its possession, under Section 9-207 of the New York UCC or otherwise, shall be to deal with it in the same

 

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manner as the Agent deals with similar securities and property for its own account. Neither the Agent nor any Secured Party nor their respective directors, officers, employees or agents shall be liable for failure to demand, collect or realize upon any of the Collateral or for any delay in doing so (except to the extent the same constitutes gross negligence or willful misconduct) or shall be under any obligation to sell or otherwise dispose of any Collateral upon the request of Holdings or otherwise.

18. Powers Coupled with an Interest. All authorizations and agencies herein contained with respect to the Collateral are irrevocable and powers coupled with an interest.

19. Severability. Any provision of this Agreement which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

20. Paragraph Headings. The paragraph headings used in this Agreement are for convenience of reference only and are not to affect the construction hereof or be taken into consideration in the interpretation hereof.

21. No Waiver; Cumulative Remedies. Neither the Agent nor any Secured Party shall by any act (except by a written instrument pursuant to paragraph 22 hereof) be deemed to have waived any right or remedy hereunder. No failure to exercise, nor any delay in exercising, on the part of the Agent or any Secured Party any right, power or privilege hereunder shall operate as a waiver thereof. No single or partial exercise of any right, power or privilege hereunder shall preclude any other or further exercise thereof or the exercise of any other right, power or privilege. A waiver by the Agent or any Secured Party of any right or remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy which the Agent or such Secured Party would otherwise have on any future occasion. The rights and remedies herein provided are cumulative, may be exercised singly or concurrently and are not exclusive of any other rights or remedies provided by law.

22. Waivers and Amendments; Successors and Assigns; Governing Law. None of the terms or provisions of this Agreement may be amended, supplemented or otherwise modified except by a written instrument executed by Holdings and the Agent, subject to any consent required in accordance with Section 9.08 of the Credit Agreement and (other than in respect of any amendment or waiver of paragraphs 2 through 8 (inclusive)) subject to any consent required by, but only to the extent required by, any equivalent provision in each applicable Other First Lien Agreement or, in each case, as otherwise provided in Section 2.04 of the First Lien Intercreditor Agreement. The Agent may conclusively rely on a certificate of an officer of Holdings as to whether any amendment contemplated by this paragraph 22 is permitted. This Agreement shall be binding upon the successors and assigns of Holdings and shall inure to the benefit of the Agent and the Secured Parties and their respective permitted successors and assigns. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

 

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23. Notices. Notices by the Agent to Holdings, or the Borrower may be given to such person at its address or transmission number and in the manner as set forth in Section 9.01(a) of the Credit Agreement (whether or not then in effect) and all notices to any holder of obligations under any Other First Lien Agreements, at its address set forth in the Other First Lien Secured Party Consent or in the First Lien Intercreditor Agreement, as such address may be changed by written notice to the Agent and the Borrower.

24. Irrevocable Authorization and Instruction to Borrower. Holdings hereby authorizes and instructs the Borrower to comply with any instruction received by it from the Agent in writing that (a) states that an Event of Default has occurred and is continuing and (b) is otherwise in accordance with the terms of this Agreement, the Credit Agreement and each Other First Lien Agreement, without any other or further instructions from Holdings, and Holdings agrees that the Borrower shall be fully protected in so complying.

25. Authority of Agent. Holdings acknowledges that the rights and responsibilities of the Agent under this Agreement with respect to any action taken by the Agent or the exercise or non-exercise by the Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement shall, as between the Agent and the Secured Parties, be governed by the Credit Agreement, each Other First Lien Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as between the Agent and Holdings, the Agent shall be conclusively presumed to be acting as agent for the Secured Parties with full and valid authority so to act or refrain from acting, and neither Holdings nor the Borrower shall be under any obligation, or entitlement, to make any inquiry respecting such authority.

26. Termination or Release. (a) This Agreement, the pledges and guarantees made herein, the Liens in the Collateral created hereby and all other security interests granted hereby, shall automatically terminate and/or be released all without delivery of any instrument or performance of any act by any party, and all rights to the Collateral shall revert to Holdings, as of the date when all the Guaranteed Obligations, with respect to the guaranty by Holdings, and the date when all the Obligations, with respect to the pledge, liens and all other obligations (in each case other than contingent or unliquidated obligations or liabilities not then due) have been paid in full in cash or immediately available funds and the Lenders have no further commitment to lend under the Credit Agreement or any Other First Lien Agreement, the Revolving Facility Credit Exposure has been reduced to zero and each L/C Issuer has no further obligations to issue Letters of Credit under the Credit Agreement; provided that, upon payment in full of the Obligations, the Agent may assume that no Obligations are outstanding unless otherwise advised in writing by the Borrower.

(b)(i) Upon any sale or other transfer by Holdings of any Collateral that is not prohibited by the Credit Agreement or any Other First Lien Agreement, or (ii) upon the effectiveness of any written consent to the release of the security interest granted hereby in any Collateral pursuant to Section 9.08 of the Credit Agreement and, after the termination of the Credit Agreement and the First Lien Intercreditor Agreement, any equivalent provision of any applicable Other First Lien Agreement, the security interest in such Collateral shall be automatically released, all without delivery of any instrument or performance of any act by any party; provided, however, that, in respect of clause (ii) above, at any time that the Other First Lien

 

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Obligations constitute a majority of the outstanding Obligations, such release shall not be applicable to the Other First Lien Obligations unless and until the written consent of the Authorized Representative with respect to the Other First Lien Obligations is obtained.

(c) In connection with any termination or release pursuant to paragraph (a) or (b) of this Paragraph 26, the Agent shall execute and deliver to Holdings, at Holdings’ expense, all documents that Holdings shall reasonably request to evidence such termination or release (including, without limitation, UCC termination statements), and will duly assign and transfer to Holdings, such of the Pledged Equity that may be in the possession of the Agent and has not theretofore been sold or otherwise applied or released pursuant to this Agreement. Any execution and delivery of documents pursuant to this Paragraph 26 shall be without recourse to or warranty by the Agent.

27. Financing Statements. Holdings hereby irrevocably authorizes the Agent at any time and from time to time to file in any relevant jurisdiction any initial financing statements with respect to the Collateral or any part thereof and amendments thereto that contain the information required by Article 9 of the New York UCC of each applicable jurisdiction for the filing of any financing statement or amendment, including (i) whether Holdings is an organization, the type of organization and any organizational identification number issued to Holdings and (ii) a description of collateral that describes such property in any other manner as the Agent may reasonably determine is necessary or advisable to ensure the perfection of the security interest in the Collateral.

28. Covenants. (a) Holdings agrees promptly (and in any event within 10 days thereof, or such longer period of time as may be agreed by the Agent) to notify the Agent in writing of any change (i) in its legal name, (ii) in its identity or type of organization or corporate structure, (iii) in its Federal Taxpayer Identification Number or organizational identification number or (iv) in its jurisdiction of organization. Holdings agrees promptly to provide the Agent with certified organizational documents reflecting any of the changes described in the immediately preceding sentence. Holdings agrees not to effect or permit any change referred to in the first sentence of this paragraph (a) unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Agent to continue at all times following such change to have a valid, legal and perfected first priority security interest in all the Collateral, for the benefit of the Secured Parties.

(b) Subject to the rights of Holdings under the Loan Documents to dispose of Collateral, Holdings shall, at its own expense, use commercially reasonable efforts to defend title to the Collateral against all persons and to defend the security interest of the Agent, for the benefit of the Secured Parties, in the Collateral and the priority thereof against any Lien that is not a Permitted Lien (as defined in the Collateral Agreement) or a Lien permitted by Article VIA of the Credit Agreement and the equivalent provision of each applicable Other First Lien Agreement.

(c) Holdings agrees, at its own expense, to execute, acknowledge, deliver and cause to be duly filed all such further instruments and documents and take all such actions as the Agent may from time to time reasonably request to better assure, preserve, protect and perfect the security interest and the rights and remedies created hereby, including the payment of any

 

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fees and taxes required in connection with the execution and delivery of this Agreement and the granting of the security interest and the filing of any financing statements or other documents in connection herewith or therewith.

(d) Holdings shall not make or permit to be made an assignment, pledge or hypothecation of the Collateral or shall grant any other Lien in respect of the Collateral, except as permitted by the Credit Agreement and not prohibited by any Other First Lien Agreement. Holdings shall not make or permit to be made any transfer of the Collateral except as permitted by the Credit Agreement and not prohibited by any Other First Lien Agreement. Notwithstanding the foregoing, if the Agent shall have notified Holdings that an Event of Default under clause (b), (c), (h) or (i) of Section 7.01 of the Credit Agreement or the equivalent provisions of any applicable Other First Lien Agreement shall have occurred and be continuing, and during the continuance thereof, Holdings shall not sell, convey, lease, assign, transfer or otherwise dispose of any Collateral to the extent requested or permitted by the Agent (which notice may be given by telephone if promptly confirmed in writing).

29. Compliance with Gaming Laws. Notwithstanding anything to the contrary set forth in this Agreement or any other Loan Document, the Agent, on behalf of the Secured Parties, acknowledges and agrees that:

(a) the exercise of its rights and remedies under this Agreement is subject to the mandatory provisions of the Gaming Laws;

(b) the pledge of the Pledged Equity, and any restrictions on the transfer of and agreements not to encumber the Pledged Equity or other equity securities of the Borrower, pursuant to this Agreement and any other Loan Documents, are subject to the prior approval of the Nevada and Iowa Gaming Authorities, respectively, (which approval has been obtained and is in full force and effect with respect to this Agreement as it relates to the Credit Agreement and the Obligations (other than any Other First Lien Obligations)) and this Agreement (solely as it relates to any Other First Lien Agreement or any Other First Lien Obligations) and any future amendment hereof will not be effective without the prior approval of such Nevada and Iowa Gaming Authorities;

(c) in the event that the Agent exercises one or more of the remedies set forth in this Agreement with respect to the Pledged Equity, including without limitation, foreclosure or transfer of any interest therein (except back to Holdings), the exercise of voting and consensual rights, and any other resort to or enforcement of the security interest in the Pledged Equity, such action will require the separate and prior approval of the Nevada and Iowa Gaming Authorities unless such licensing requirement is waived thereby;

(d) the Agent, and any custodial agent of Agent in the State of Nevada or in the State of Iowa, will be required to comply with the conditions, if any, imposed by the Nevada and Iowa Gaming Authorities, respectively, in connection with their approval of the pledge granted hereunder, including, without limitation, requirements that the Agent or its custodial agent maintain the certificates evidencing the Pledged Equity at a location in Nevada designated to the Nevada Gaming Authorities, and that the Agent or its custodial agent permit agents or employees of the Nevada Gaming Authorities to inspect such certificates upon request during normal business hours;

 

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(e) neither the Agent nor any custodial agent of the Agent will be permitted to surrender possession of any Pledged Equity to any person other than Holdings without the prior approval of the Nevada and Iowa Gaming Authorities or as otherwise permitted by the Gaming Laws;

(f) any approval of the Nevada and Iowa Gaming Authorities of this Agreement, or any amendment hereto, does not constitute approval, either express or implied, of the Agent to take any actions provided for in this Agreement, for which separate approval by the Nevada and Iowa Gaming Authorities may be required by the Gaming Laws; and

(g) the Agent, the Secured Parties and their respective successors and assigns are subject to being called forward by the Nevada and Iowa Gaming Authorities, in their sole and absolute discretion, for licensing or a finding of suitability in order to remain entitled to the benefits of this Agreement and the other Loan Documents.

30. Limitation on Rights and Remedies of Agent and Holdings. Notwithstanding anything in this Agreement to the contrary, the Agent, on behalf of the Secured Parties, and Holdings agree that they shall comply with all applicable laws and all applicable rules and regulations of the Illinois Gaming Authority, including Illinois Gaming Laws, in connection with their exercise of rights and remedies hereunder, including, without limitation, foreclosure or transfer of any interest in the Pledge Equity (except back to Holdings) or voting (or otherwise taking control of) any interest in the Pledged Equity. As and when required, the Agent, on behalf of the Secured Parties, shall seek and obtain all approvals, licenses and consents from the Illinois Gaming Authority required in connection with the exercise of any right or remedy prior to the exercise thereof.

31. Counterparts. This Agreement may be executed in any number of separate counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of an executed signature page of this Agreement by facsimile transmission shall be effective as delivery of a manually executed counterpart hereof.

32. Subject to First Lien Intercreditor Agreement. Notwithstanding anything herein to the contrary, (i) the liens and security interests granted on Collateral to the Agent pursuant to this Agreement are expressly subject to the First Lien Intercreditor Agreement and (ii) the exercise of any right or remedy by the Agent hereunder with respect to Collateral is subject to the limitations and provisions of the First Lien Intercreditor Agreement. In the event of any conflict between the terms of the First Lien Intercreditor Agreement and the terms of this Agreement with respect to Collateral, the terms of the First Lien Intercreditor Agreement shall govern.

33. Other First Lien Obligations. On or after the date hereof and so long as such obligations are permitted to be incurred under the Credit Agreement and are not prohibited by any Other First Lien Agreement then in effect, Holdings may from time to time designate

 

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obligations in respect of Indebtedness to be secured on a pari passu basis with the Obligations as Other First Lien Obligations hereunder by delivering to the Agent and each Authorized Representative (a) a certificate signed by a Responsible Officer of Holdings (i) identifying the obligations so designated and the initial aggregate principal amount or face amount thereof, (ii) stating that such obligations are designated as Other First Lien Obligations for purposes hereof, (iii) representing that such designation of such obligations as Other First Lien Obligations complies with the terms of the Credit Agreement and are not prohibited by any Other First Lien Agreement then in effect and (iv) specifying the name and address of the Authorized Representative for such obligations and (b) a fully executed Other First Lien Secured Party Consent (in the form attached as Exhibit I). The Agent and each Authorized Representative agree that upon the satisfaction of all conditions set forth in the preceding sentence, the Agent shall act as agent under and subject to the terms of the Security Documents for the benefit of all Secured Parties, including without limitation, any Secured Parties that hold any such Other First Lien Obligations, and the Agent and each Authorized Representative agree to the appointment, and acceptance of the appointment, of the Agent as agent for the holders of such Other First Lien Obligations as set forth in each Other First Lien Secured Party Consent and agree, on behalf of itself and each Secured Party it represents, to be bound by this Agreement and the First Lien Intercreditor Agreement.

34. Application of Gaming Laws. This Agreement and the Other First Lien Agreements are subject to Gaming Laws. Without limiting the foregoing, the Secured Parties acknowledge that (i) they are subject to the jurisdiction of the Gaming Authorities and Liquor Authorities, in their discretion, for licensing, qualification or findings of suitability or to file or provide other information, and (ii) all rights, remedies and powers in or under this Agreement and the Other First Lien Agreements, including with respect to the Collateral and the ownership and operation of facilities, may be subject to the jurisdiction of the Gaming Authorities and Liquor Authorities, and may be exercised only to the extent that the exercise thereof does not violate any applicable provisions of the Gaming Laws and Liquor Laws and only to the extent that required approvals, if any, (including prior approvals) are obtained from the relevant Gaming Authorities and Liquor Authorities.

 

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IN WITNESS WHEREOF, the undersigned has caused this Agreement to be duly executed and delivered as of the date first above written.

 

HARRAH’S ENTERTAINMENT, INC.
By:  

 

Name:  
Title:  

 

Accepted and Agreed:
BANK OF AMERICA, N.A.
By:  

 

Name:  
Title:  


SCHEDULE I

To Guaranty and Pledge Agreement

DESCRIPTION OF PLEDGED EQUITY

 

Pledgor

  

Issuer

  

Certificate

No.

   No. of
Shares
   Percentage
of
Issued
Shares
 

Harrah’s Entertainment, Inc. (as successor to Hamlet Merger Inc.)

   Harrah’s Operating Company, Inc.    4    1,362    100 %


SCHEDULE II

FILINGS AND OTHER ACTIONS

REQUIRED TO PERFECT SECURITY INTERESTS

UCC Financing statement describing the Collateral filed in the Delaware Secretary of State naming Hamlet Merger Inc. as debtor and the Agent as secured party—filed on January 28, 2008

UCC Financing statement describing the Collateral filed in the Delaware Secretary of State naming Harrah’s Entertainment, Inc. as debtor and the Agent as secured party—filed on January 28, 2008


Exhibit I

to Guaranty and Pledge Agreement

[Form of]

OTHER FIRST LIEN SECURED PARTY CONSENT

[Name of Other First Lien Secured Party]

[Address of Other First Lien Secured Party]

[Date]

 

 

 

 

 

The undersigned is the Authorized Representative for Persons wishing to become Secured Parties (the “New Secured Parties”) under the Amended and Restated Guaranty and Pledge Agreement dated as of January 28, 2008 and as amended and restated as of June 10, 2009 (as heretofore amended and/or supplemented, the “Guaranty and Pledge Agreement” (terms used without definition herein have the meanings assigned to such term in the Guaranty and Pledge Agreement)) among Harrah’s Entertainment, Inc. and Bank of America, N.A., as Collateral Agent (the “Agent”).

In consideration of the foregoing, the undersigned hereby:

(i) represents that the Authorized Representative has been duly authorized by the New Secured Parties to become a party to the First Lien Intercreditor Agreement on behalf of the New Secured Parties under that [DESCRIBE OPERATIVE AGREEMENT] (the “New Secured Obligation”) and to act as the Authorized Representative for the New Secured Parties;

(ii) acknowledges that the New Secured Parties have received a copy of the Guaranty and Pledge Agreement and the First Lien Intercreditor Agreement;

(iii) appoints and authorizes the Agent to take such action as agent on its behalf and on behalf of all other Secured Parties and to exercise such powers under the Guaranty and Pledge Agreement and First Lien Intercreditor Agreement as are delegated to the Agent by the terms thereof, together with all such powers as are reasonably incidental thereto;

(iv) accepts and acknowledges the terms of the First Lien Intercreditor Agreement applicable to it and the New Secured Parties and agrees to serve as Authorized Representative for the New Secured Parties with respect to the New Secured Obligations and agrees on its own behalf and on behalf of the New Secured Parties to be bound by the


terms thereof applicable to holders of Other First Lien Obligations, with all the rights and obligations of a Secured Party thereunder and bound by all the provisions thereof (including, without limitation, Section 2.02(b) thereof) as fully as if it had been a Secured Party on the effective date of the First Lien Intercreditor Agreement and agrees that its address for receiving notices pursuant to the Guaranty and Pledge Agreement and the First Lien Intercreditor Agreement shall be as follows:

[Address]

(v) confirms the authority of the Agent to enter into such agreements on its behalf and on behalf of the New Secured Parties and agrees on its own behalf and on behalf of the New Secured Parties to be bound by the terms thereof applicable to it and the New Secured Parties as fully as if it had been a party to each such agreement on behalf of itself and the New Secured Parties.

The Agent, by acknowledging and agreeing to this Other First Lien Secured Party Consent, accepts the appointment set forth in clause (iii) above.

THIS OTHER FIRST LIEN SECURED PARTY CONSENT SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

 

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