p6120 Notice of Agreement Termination.doc

The document is a notice addressed to Mr. Dennis “Bucky” Austin of Austin Motorsports Management, LLC, regarding the termination of their operator's agreement with Spokane County Motorsports Park. The termination is based on the failure of Mr. Austin's firm to cure identified defaults outlined in a previous "Notice of Default" dated September 2, 2009. The termination is in accordance with the provisions of the agreement, specifically Section 26, Termination with Cause. The notice is signed by Béla G. Kovács, the Purchasing Director, and includes the names of other relevant individuals involved in the decision.