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AMENDMENT TO WINNER'S POT POKER LICENSE
AGREEMENT
This
amendment to the License Agreement entered into on January 4,
2008 by and between
Poker Magic, Inc., 130
Lake Street, W., #300, Wayzata, Minnesota 55391, hereinafter
“Licensor,” and
Bally’s Park Place, Inc. a New Jersey corporation d/b/a
Bally’s Atlantic City, hereinafter
“Licensee,” Park Place & Boardwalk, Atlantic City,
New Jersey 08401, hereinafter “Location,” is entered
into as of the last date appearing below. Licensor and Licensee are
collectively referred to herein as the “Parties” or
each singularly referred to as a “Party.”
The
Parties, having determined that the Game has been approved by
the New Jersey Casino Control Commission and the Trial Period
has ended, desire to amend the License Agreement as
follows:
Article
3 of the original License Agreement is rescinded and replaced
in its entirety with
Article 3 - Payment as
follows:
Article 3
-
Payment :
3.01
Licensee
hereby acknowledges receipt of one (1) Unit and table sign that was
previously provided by Licensor to Licensee under the License
Agreement prior to this amendment. Licensee may use such Unit up to
7-days per week at Licensee’s discretion. Licensee shall pay
to Licensor a monthly license fee of $475.00 on the first day of
each month beginning on June 1, 2008 and continuing throughout the
term of this License Agreement for the use of such
Unit.
3.02
Licensor
shall provide to Licensee one (1) additional Unit and table
sign,
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