DOMINION ACCOUNT AGREEMENT
(Lakes Management - New Project)
THIS DOMINION ACCOUNT AGREEMENT, (the "Agreement"), dated effective as of January 27, 2005
(the "Effective Date'"), between Iowa Tribe of Oklahoma, a federally-chartered corporation ("Iowa Corp" and
sometimes hereinafter referred to as the "Borrower"), created pursuant to Section 3 of the Oklahoma Indian
Welfare Act of June 26, 1936 (49 Stat. 1967) under a federal charter issued to the Iowa Tribe of Oklahoma
("Iowa Tribe"), a federally recognized tribe, whose business office is located at RR 1, P.O. Box 721, Perkins,
Oklahoma 74059, and Lakes Iowa Management, LLC, a Minnesota limited liability company (hereinafter
referred to as "Lakes"), whose business office is located at 130 Cheshire Lane, Minnetonka, Minnesota 55305,
and when it has executed a counterpart signature page hereto, the "Agent" (as defined below).
WHEREAS, the Borrower is a federally-chartered corporation created pursuant to Section 3 of the Oklahoma
Indian Welfare Act of June 26, 1936 (49 Stat. 1967) under a federal charter issued to the Iowa Tribe of
Oklahoma, a federally recognized tribe eligible for the special programs and services provided by the United
States to Indians because of their status as Indians and is recognized as possessing powers of self-government.
WHEREAS, the United States government holds lands in the State of Oklahoma in trust for the benefit of the
Iowa Tribe over which the Iowa Tribe possesses sovereign governmental powers and the Iowa Tribe holds or
intends to acquire interests in lands which constitute "Indian lands" upon which the Iowa Tribe may legally
conduct gaming under applicable federal law.
WHEREAS, Iowa Corp is vested with the sovereign immunity of the Iowa Tribe, and has been established to
control and manage the economic affairs of the Iowa Tribe; and is the legal entity which will own and operate
specified gaming projects which are to be developed by Iowa Corp on behalf of the Iowa Tribe.