EXHIBIT 10.2(7)
GOLDEN
NUGGET
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Executive Vice President
Chief Financial Officer
March 21, 2000
▇▇. ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇ Properties Trust
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▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇
RE: Lease Agreement - ▇▇▇▇▇▇▇▇▇ Properties Trust and Golden Nugget, Inc.
Dear ▇▇▇▇▇▇▇▇:
Pursuant to the terms of the lease between ▇▇▇▇▇▇▇▇▇ Properties Trust and Golden
Nugget, Inc., effective May 1, 2000, rent on the leased property will be
increased to $309,500.00 per annum, payable $25,791.67 monthly. Rent will remain
at this level until May 1, 2003, at which time rental increases pursuant to
Section 4.2 of the Lease shall commence.
Please execute below and return to me at your first convenience.
Sincerely,
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▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇
BK/ljd
▇▇▇▇▇▇▇▇▇ PROPERTIES TRUST
By ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, TRUSTEE
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POST OFFICE BOX 610, LAS VEGAS, NEVADA 89125, (▇▇▇) ▇▇▇-▇▇▇▇