Exhibit 10.18
May 14, 2009
WMS GAMING INC.
800 South Northpoint Boulevard
Waukegan, IL 60085
Attention: Jeff Michel, Esq.
Gentlemen:
This letter when fully executed shall formally amend that certain License Agreement dated October 31, 2006, relative to certain
rights owned and controlled by Warner Bros. Consumer Products Inc.
By our mutual execution hereof, it is agreed as follows:
Re: Warner Bros. Consumer Products License Agreement #16076-WOZ
(“WIZARD OF OZ”) - AMENDMENT #1
* Information has been omitted from this document and filed separately with the Securities and Exchange Commission under
a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
1
D. LICENSED
PRODUCTS:
is hereby amended by adding the following. It is understood and agreed that an Internet gaming Licensed
Product must be active no later than [*] .
It is further understood and agreed that Internet Gaming is specifically EXCLUDED for the Licensed
Territory [ *] .
G.
ROYALTIES:
ADVANCE: is hereby deleted in its entirety and replaced with the following:
Licensee shall pay Licensor a total of [*] as a fully recoupable advance against
royalties from the exploitation of Licensed Products during the Initial Term. Licensee
shall pay [*] of the Advance within [*] of the Effective Date of the License
Agreement, [*] on or before [ * ], [*] upon execution of this Amendment #1, [*] on
or before [ * ], [*] on or before [ * ] and [*] on or before [ * ].
The Advance shall be allocated by geographic region as follows:
North America:
[*]
Europe, Middle East and Africa:
[*]
Latin America:
[*]
Asia/Pacific:
[*]
It is understood and agreed that royalties accrued hereunder in any geographic
region shall not offset the Advance allocation in any other geographic region (i.e.
accrued royalties shall not be cross-collateralized across regions).