AMERICAN ARBITRATION ASSOCIATION
In the Matter of the Arbitration between
DOROTHY J. KIDD, individually and )
as Trustee of the DOROTHY KIDD ) CASE NO. 72 180 01351 97
REVOCABLE TRUST u/a/d January 10, )
1990, )
Claimants, )
vs. )
)
JAMES C. SAXTON, individually; ) AMENDED ARBITRATION AWARD
JIM SAXTON, INC., a Nevada )
corporation; SAXTON INC., )
TVS JOINT VENTURE; )
and TVS GENERAL PARTNERSHIP; )
)
Respondents.. )
The undersigned hereby finds as follows:
An Award in favor of the Claimants is entered against the Respondents,
James C Saxton, Jim Saxton, Inc., Saxton Inc., TVS Joint Venture and TVS General
Partnership, jointly and severally, in the amount of Seven Hundred Fifty
Thousand ($750,000.00) subject to the terms and conditions set forth in the
Settlement Agreement and Stipulated Arbitration Award which is incorporated
herein by reference.
<PAGE>
Each party to this action is responsible for its own attorneys' fees and costs.
DATED this _____ day of _____________________, 2000.
KRAVITZ. SCHNITZER JIMMERSON HANSEN
& SLOANE, CHTD.
By: By:
----------------------------- ---------------------------
GARY E. SCHNITZER, ESQ. JAMES J. JIMMERSON
Nevada Bar No.: 395 Nevada Bar No.: 264
1389 Galleria Drive, Suite 200 415 S. Sixth St., #100
Henderson, Nevada 89014 Las Vegas, NV 89101
Attorneys for Claimants Attorneys for Respondents
AMERICAN ARBITRATION ASSOCIATION
By:
---------------------------------
MICHAEL J. MALLEY, Arbitrator
<PAGE>
