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LETTER AGREEMENT

Construction Agreement

LETTER AGREEMENT | Document Parties: PENN NATIONAL GAMING INC | CDG COMMERCIAL BUILDERS, INC. You are currently viewing:
This Construction Agreement involves

PENN NATIONAL GAMING INC | CDG COMMERCIAL BUILDERS, INC.

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Title: LETTER AGREEMENT
Date: 4/8/2005
Industry: Casinos and Gaming    

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Exhibit 10.3

CDG COMMERCIAL BUILDERS, INC.
875 Berkshire Boulevard — Suite 102
Wyomissing, PA 19610

LETTER AGREEMENT

THIS AGREEMENT FOR THE CONSTRUCTION OF CERTAIN IMPROVEMENTS (the “Agreement”) is made this 5 th day of April, 2005, between Penn National Gaming, Inc. hereinafter, called “Owner”, having its principal place of business at 825 Berkshire Boulevard, Suite 200, Wyomissing, Pennsylvania 19610 and CDG Commercial Builders, Inc. hereinafter called “Contractor”, having its principal place of business at 875 Berkshire Boulevard, Suite 102, Wyomissing, Pennsylvania 19610.

The Owner and the Contractor agree to the following terms for construction of improvements as defined below (the “Improvements”) at the premises located at


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