EXHIBIT 10.3
AMENDMENT TO PURCHASE AGREEMENT
THIS AMENDMENT TO PURCHASE AGREEMENT ("AMENDMENT") was entered into this 27th day of
September, 2002, effective July 1, 2002, by and between GRAND CASINOS NEVADA I, INC., a Minnesota
corporation ("GCN") (hereinafter referred to as "GCN" or "SELLER") and METROFLAG BP, LLC, a Nevada
limited liability company ("BUYER").
RECITALS:
A. Seller and Buyer entered into that certain purchase agreement, dated as of December 28, 2001, as modified
by those certain Letter Agreements dated June 26, 2002, July 15, 2002, July 30, 2002, August 14, 2002,
August 30, 2002 and September 10, 2002 (hereinafter the "PURCHASE AGREEMENT"), pursuant to which
Seller agreed to sell, and Buyer agreed to purchase, all of Seller's interest in that certain Lease Agreement
originally by and between Brooks Family Trust and Nevada Brooks Cook, as Landlord, and Cloobeck
Enterprises, a California corporation and GCN, as Tenant, dated June 17, 1996, covering the real property
located in Las Vegas, Nevada, which is improved with a motel operating under the name of Travelodge.
B. All capitalized terms not otherwise defined in this Amendment shall have the meanings ascribed to them in the
Purchase Agreement.
C. As a result of an adverse change in economic conditions, Seller and Buyer desire to provide for a Purchase
Price adjustment.
D. Seller and Buyer desire to extend the Post Closing Conditions Period, and make certain other modifications
relating to the Post Closing Conditions.
E. Simultaneous herewith, Metroflag Polo and Seller have entered into an amendment to the Polo Purchase
Agreement providing for a similar extension of time of the post closing conditions contained in the Polo Purchase
Agreement, as well as certain other matters.
NOW, THEREFORE, in consideration of the recitals, and the agreements hereinafter provided and other good
and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by Buyer and Seller,
Buyer and Seller agree that