<p> Accounting Policies and Procedures Delaware North Companies, Inc.</p><p>2100 - ACCOUNTS PAYABLE & PURCHASING</p><p>Title: Food and Beverage and All Other Non-Retail Purchases – Electronic / Automated Inventory Tracking System Number: 2103.05 Effective: 3/1/09 Revised: 7/8/16 Responsible: Corporate Revenue & Disbursements</p><p>POLICY</p><p>All purchases will be authorized.</p><p>PURPOSE</p><p>To ensure all purchases are authorized.</p><p>SCOPE</p><p>Corporate and Unit locations</p><p>ROLES & RESPONSIBILITIES</p><p>Purchaser  Responsible for completing purchase order documentation (when necessary) and ensuring that all food and beverage and all other purchases are made in accordance with policy.</p><p>Authorized Approver per the Authorized Purchasers List  Responsible for ensuring all food and beverage and all other purchases are properly authorized.</p><p>PROCEDURES</p><p>Note: For required approvals please see DNC Policy 259.00 – Approval Authority Matrix and the associated Subsidiary Specific Matrices for additional policies.</p><p>1. The Purchaser will enter the Purchase Order information into the system.</p><p>Note: For Birchstreet users, Purchase Orders must be entered through the “Inventory” section, with the correct department and ledger account.</p><p>2. Food and beverage and all other purchases will be approved according to the Authorized Purchasers List (F2103.01A – See Policy 2103.01 – Authorized Purchasers List) maintained and updated at the unit.</p><p>Page 1 of 3 Accounting Policies and Procedures Delaware North Companies, Inc.</p><p>Note: If Standing Purchase Order Authorization exists, there is no need for the Purchaser to obtain further approval (i.e. manual signature or e-mail approval). See Policy 2103.07 – Standing Purchase Orders.</p><p>3. The Purchaser will obtain approvals / authorization by one of the following methods:</p><p> Manual approval:</p><p> o The Purchaser will print the Purchase Order from the system.</p><p> o The Authorized Approver will sign the Purchase Order.</p><p> Electronic approval:</p><p> o The Purchaser will send an e-mail to the Authorized Approver according to the Authorized Purchasers List (F2103.01A) including the following information:</p><p> Purchase Order Number  Vendor Name  Purchase Order Total  Date</p><p> o The Authorized Approver will review the e-mail and reply indicating approval or denial of the Purchase.</p><p> o If the purchase is approved, the Purchaser will print the e-mail to attach to the Purchase Order from the system. (CR 4A.2.3.1)</p><p> Birchstreet Workflow:</p><p> o The Purchaser will notify the Authorized Approver according to the Authorized Purchasers List (F2103.01A).</p><p> o The Authorized Approver will review the purchase order within Birchstreet and approve.</p><p>Note: “Confirming Purchase Orders” must follow the manual or electronic approval process prior to ordering.</p><p>4. The Purchaser will place the order.</p><p>5. On a daily basis, the Purchaser will send the Purchase Order and authorization to the Unit Accounts Payable Department.</p><p>Page 2 of 3 Accounting Policies and Procedures Delaware North Companies, Inc.</p><p>EXCEPTIONS</p><p>NONE</p><p>RECORDS</p><p>FORMS</p><p>NONE</p><p>DETAILED PROCEDURES</p><p> How to complete a Purchase Order in the electronic / automated inventory tracking system</p><p>RETENTION</p><p>All documentation in this section will be retained for a period of 10 years or in accordance with applicable contracts, whichever is the greatest length of time.</p><p>Parties listed will be responsible for retention of the corresponding document:</p><p>NONE</p><p>Page 3 of 3</p>