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8-K - 8-K - Tropicana Las Vegas Hotel & Casino, Inc. | a12-7488_18k.htm |
Exhibit 10.18
March 21, 2012
Mr. Michael A. Ribero
850 Arroyo Court
Palo Alto, CA 94306
Dear Mike:
The purpose of this letter is to memorialize our understanding regarding the consulting services that you will provide to Tropicana Las Vegas, Inc. (TLV).
Services: You will provide consulting services in connection with TLVs marketing initiatives which will require that you will spend at least two and a half to three days each week focused exclusively on TLVs marketing initiatives.
Term: Beginning on January 1, 2012 and continuing thereafter until terminated by TLV in its sole discretion.
Consulting Fee: $12,500 per month for January and February 2012. $25,000 per month for March 2012 and thereafter. Performance bonuses at TLVs discretion.
Business Expenses: All reasonable business expenses incurred on behalf of TLV shall be reimbursed.
Location: Palo Alto, CA, with trips to Las Vegas at least every other week and other locations on an as needed basis.
Title: Strategic Advisor, Office of the Chairman
I am very much looking forward to working with you on these exciting marketing initiatives.
Warmest regards, |
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/s/ Alex Yemenidjian |
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Alex Yemenidjian |
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