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05/03/2003 08:2G 5514539274 CLIMB THEATRE PAGE <br /> <br />Minnesota Lavtful Gambling <br />LG215 Lease for Lawful Gamblin[t.Activity <br /> <br /> Name of lessor ' Street address City ~ <br /> (if ~me ~s [eg~l'~e[. wr~e In "~ME") ~ ~ [~ <br /> <br /> N~e of leased promise'S ~met add,ss ' C~ Dp Da~m~ phone <br /> <br /> Nome of lessee (~anlza~on leasing the premlse~) O~enlzation IJ~nse numar Da~me phone <br /> <br /> Rent Information (for activi~ involving pull-ta~, tipboa~s, paddlewheels, and pull-tab dis~nsing devils) <br /> O~ your o~aalzatlon ~ any o~er <br /> ~ndu~ gamblln~ from a ~th ~ratio~ aC this faction? ~ Y~ --, No <br /> ~th o~ra~ion ~n5 e m~od ~ selling ~nd r~mlng gambling Ber o~ra~on m~ns a ~ ~ ~lling and <br /> equlp~nt by an 8mpl~ee (~ voMn~) of a ~1~ o~anf~tion gemblJng~ ~uf~en~ wi~in a I~ p~m[~ li~n~ ~r <br /> In a promises ~e o~ani~on I~ ~ ~s where such s~l~ and on-~le ~ ~coholic b~erages where such ~l~ and <br /> ~emp~ions are made wi~in a ~para~ enclosure that [5 dls[~n~ r~emp~0n am made by an emplD~ o~ ~e I~r <br /> Eom a~s where food and ~ag~ ere sold. ~mmon a~ where ~od end ~erag~ arg al~ <br /> <br />Daytime phene <br /> <br />[f yeS, rent Is based off the booth operaMon formula: <br />· For gross profits (net after prizes) of up to $4,000 In a month, <br /> rent may be <br />· When gross profits (ng~: after prizP__~) eXCelL~I ~;4,000 in a month, <br /> up to ~0% of the gross profits (net after prizes) in excess of <br /> $4,00D may be paid in addition to the b~se rent. <br /> <br /> BOOTH OPEI~J~T/ON <br />Non[hly base rent to be paid $ qO.O~,' (_.)0 <br /> <br />Percentage to be paid I 0 % <br /> The maximum rent allowed may not exceed <br /> $~.,750 In total per monb5 ~or all organlz3fioqs <br /> at this premises. <br /> <br />If 130, rent is based on the bar operaMon formula: <br />* For gross profits (net after prizes) of up t~ $1,000 In a mon~h, <br /> rent may be $0 to $200, <br />· When gross profits (net after prizes)~exceed $1,000 in a month, <br /> up to 20% oF the gross profits (net after prizes) in excess of <br /> $1,000 may I~ paid in addition to the base rent_ <br /> <br />L~sor ~nd lessee negoMated rent may be Power than the maximum rent allowed. <br /> <br /> BAR OPERAll[ON <br />Monthly' base rent to be paid <br /> <br />Pencentage to be paid .% <br /> The main'mum rent allowed may' no~ exceed <br /> ~;2.000 in ~ot~l pe~ m0n~ ~r all o~an[~ons <br /> at this pmm[~ <br /> <br />Bingo and/or Bar Bingo Occasions <br />Rent tar blngo and all other gambling activities <br />~onducted dudng a bingo occasion may not exoeed: <br /> · $200 per occasion for up k~ 6,000 square feet <br /> · $300 per occasion for up to <br /> * $400 per occasion for more than 12,000 ~quare feet <br /> · $25 per occasion Car bar bingo conducted at any rJme in a <br /> bar (regardless or square ~ootage). Your organization <br /> must conduct anoLher form of lawful gambling, and the <br /> premises must serve intoxicating liquor or 3.2 percent <br /> mal~ b~verage~. <br />Rent to be paid per bingo occasion <br /> <br />Amended <br />Lease <br />Only <br /> <br />Rent Infoi~ation: Bi'~'t~O <br /> Noon Hour Bingo Occasions <br /> Rent may not exceed $25 per d~y ~r n~n hour <br /> bingo ~u~d be~n 11 a,m. and 2 p.m. a~ a <br /> p~mis~ wl~ a Ii,rise for the ~le or In~x/~qg <br /> ~r~g~ on ~e premiss. <br /> <br />Rent t~ be paid per bingo occasion <br /> <br />Jf ~hL~ Is an amend~ lease 5hewing changes occun'lng during ~he term ~e ~t pmmi~ ~lb ~ ~ <br />t~ sig~ ~e ~ mu~ Initial and dam all changes. ~ang~ mu~ ~ subm~ ~ ~e G~m~ing ~n~i ~ <br />at I~ 10 days prior ~ the ~ange. Write in the da~ ~at ~ ~ang~ will be eff~ive J~~ <br />~r _ Da~ ~ ~anl~Mon .~ <br /> <br />I <br />I <br /> <br />-123- <br /> <br /> <br />