AMENDMENT NO. 1 TOPURCHASE AGREEMENT

EX-2.1 2 a06-15489_1ex2d1.htm EX-2

Exhibit 2.1

AMENDMENT NO. 1 TO PURCHASE AGREEMENT

This Amendment No. 1 to Purchase Agreement, dated as of January 7, 2005, shall serve to amend the Purchase Agreement (the “Agreement”), dated as of October 14, 2004, by and among PNGI Pocono Corp, a Nevada corporation, PNGI, LLC, a Nevada limited liability company, and The Mohegan Tribal Gaming Authority, an instrumentality of the Mohegan Tribe of Indians of Connecticut.  All capitalized terms used but not defined herein shall have the meanings set forth in the Agreement.

1.             The undersigned parties hereby agree to amend Section 2 of the Agreement to provide that Closing shall take place no later than February 11, 2005, at the place and time set forth in the Agreement.

2.             All other provisions of the Agreement shall remain in full force and effect.

ACCEPTED AND AGREED:

PNGI POCONO, CORP.

PNGI, LLC

 

By: PNGI Pocono, Corp., its sole member

 

 

 

 

By:

  /s/ Kevin DeSanctis

 

By:

  /s/ Kevin DeSanctis

 

 

Kevin DeSanctis

 

Kevin DeSanctis

 

President

 

President

 

 

MOHEGAN TRIBAL GAMING AUTHORITY

By:

 

/s/William J. Velardo

 

 

Name:  William J. Velardo

 

Title:  CEO