NOTE 6 - Commitments and Contingencies Lease Obligations - TheCompany is obligated under several operating leases, excluding leased slot machines. Rent expense under these operating and financial leases, which include: (i) the ground lease at Hotel Freizeit Auefeld; (ii) the Companys corporate office lease in New York City, the lease of which was renewed for another five years, through March 31, 2020, and (iii) the employee housing leases, which can be terminated anytime with a six-month prior notice, was approximately $175 and $164 for the years ended December 31, 2016 and 2015, respectively. Future aggregate minimum annual rental payments under all of these leases for the lesser of five years or until their expiration dates are as follows: Twelve Months Ending December31, 2017 $ 175 2018 $ 127 2019 $ 129 2020 $ 53 2021 $ 27 The Company is also obligated under a number of five-year, slot equipment operating leases, the projected costs of which are not included in the table above due to fluctuating inventory, expiring over staggered years, which provide for a monthly fixed rental fee per slot machine, and an annual option for replacement with different/newer machines during the term of the lease.For the years ended December 31, 2016 and 2015, the Companys slot lease expense was $2,436 and $2,321, respectively.All slot leases can be terminated at any time, subject to an early-termination penalty equal to three-month lease payments for each leased slot machine. Employment Agreements - The Companys employment agreement with its Chief Executive Officer (CEO), Mr.Rami S. Ramadan, absent the intervention of either party by September30th of each year, renewed automatically for another calendar year, ending, as of February 28, 2017, on December31, 2017.In addition to a perpetually renewable employment term of one year absent the intervention of either party, the agreement provides for annual compensation, plus participation in the Companys benefits programs and equity incentive plans.Annual compensatio