STATE OF LOUISIANA
PARISH OF CALCASIEU
BE IT KNOWN, that on the date hereinafter set forth, before the undersigned Notaries public, duly
commissioned and qualified in and for the state and parish aforesaid, and in the presence of the undersigned
competent witnesses, personally came and appeared ST. CHARLES GAMING COMPANY, INC., a
Louisiana corporation (herein called "St. Charles"), herein represented by Edward R. McMurphy, its duly
authorized president, and the CALCASIEU PARISH POLICE JURY (hereinafter called the "Parish"), herein
represented by Ray Campbell, its duly authorized president, who declared that:
ST. CHARLES is the owner of a riverboat gaming vessel currently known as the "Crown Casino" (the "Casino").
ST. CHARLES is currently licensed (the "License") to operate the Casino in the State of Louisiana by the
Louisiana Riverboat Gaming Enforcement Division of the Gaming Enforcement Section of the Office of State
Police, Department of Public Safety and Corrections (the "Division").
ST. CHARLES has received the approval of the Louisiana Riverboat Gaming Commission (the "Commission") to
locate the berthing site for its Casino at a location in the unincorporated area of Calcasieu Parish, Louisiana
commonly known as the "Burton Shell Yard" (the "Site").
ST. CHARLES has requested that the Parish cooperate with and assist St. Charles in its efforts to locate the
Casino at the Site and develop the Site as the location for the Casino and related entertainment and dining
NOW, THEREFORE, for and in consideration of the mutual and dependent agreements of the Parish and St.
Charles hereinafter set forth, St. Charles and the Parish agree to the following:
MONETARY OBLIGATIONS OF ST. CHARLES
Section 1.1. Initial Cash Payment. St. Charles shall pay to the Parish the cash sum of ONE MILLION AND
NO/100 DOLLARS ($1,000,000.00) on the Opening Date (as hereinafter defined) of the Casino at the Site (the
"Initial Cash Payment"). The