CEC ENTERTAINMENT INC
AGREEMENT REGARDING PRIVATE PLACEMENT OF SHARES- TIM T. MORRIS
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 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>Exhibit 10. 4 </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><B>CEC ENTERTAINMENT, INC. </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Agreement Regarding Private Placement of Shares </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Upon Exercise of Stock Option </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">CEC Entertainment, Inc.
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">4441 W. Airport Freeway Irving, Texas 75062 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Gentlemen:
</FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">This agreement has been executed by the undersigned (any reference to &#147;I&#148; or &#147;me&#148; or &#147;my&#148; is a reference to
the undersigned) in connection with the sale to me by the Company in a private placement of shares (the &#147;Shares&#148;) of common stock, par value $0.10 per share (the &#147;Common Stock&#148;), of CEC Entertainment, Inc. (the
&#147;Company&#148;). I hereby represent, warrant and agree as follows: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1.<B>&nbsp;&nbsp;&nbsp;&nbsp;Agreement to Purchase. </B>I
acknowledge that the Shares are being acquired by me upon exercise of a stock option held by me for the purchase of shares of Common Stock pursuant to the Company&#146;s stock option plan. I hereby agree to purchase 3,750 Shares at a purchase price
of $17.3667 per Share, payment for which in the amount of $65,125.13 is being made by wire transfer or by check, bank draft or money order. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">2.<B>&nbsp;&nbsp;&nbsp;&nbsp;Access to Information. </B>I am purchasing the Shares after what I deem to be adequate investigation of the business and prospects of the Company by me. I have been furnished with any materials relating to the
business and operation of the Company that have been requested by me, and I have been given an opportunity to make any further inquiries desired of the management and any other personnel of the Company. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">3.&nbsp;&nbsp;&nbsp;&nbsp;<B>Representations.</B> </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">(a) I have been advised that the Shares are not being registered under the Securities Act of 1933, as amended (the &#147;Act&#148;), on the basis of an exemption from registration under the Act, and on the
representations made by me in this agreement. I understand that neither the Securities and Exchange Commission (&#147;SEC&#148;) nor any other federal or state agency has passed on or made any recommendation or endorsement of the Shares, and that
the Company is relying on the truth and accuracy of the representations and warranties made by me in this agreement in connection with offering the Shares for sale to me without registration under the Act. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(b) I am a director or executive officer of the Company. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(c) I am acquiring the Shares for investment for my own account and not with a view to their resale or distribution and I do not intend to
divide my participation with others or to resell or otherwise dispose of all or any part of the Shares unless and until they are subsequently registered under the Act, or an exemption from such registration is available. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(d) I have the ability to evaluate the merits and risks of an investment in the Company based upon my knowledge and experience in
financial and business matters. </FONT></P>

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 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(e) I understand that if Rule 144 under the Securities Act (&#147;Rule 144&#148;) is
available with respect to resale of the Shares, any routine sale of the Shares made under Rule 144 can be made only in compliance with Rule 144 and this Agreement. If Rule 144 is not available, compliance with another exemption from registration
under the Act will be required before I can transfer part or all of the Shares. I am familiar with the provisions of Rule 144, including Rule 144&#146;s requirement that the Shares be held by me for at least one year before they can be sold by me.
</FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(f) I understand that before any transfer of any of the Shares can be made by me, written approval must first be obtained
from the Company&#146;s counsel. The basis of any such approval will be satisfactory compliance with the requirements of the federal and state statutes regulating sales and transfers of securities. I understand that a legend to this effect will be
placed on the Shares and that stop-transfer instructions will be issued by the Company to its transfer agent. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(g) I am
(i)&nbsp;able to bear the economic risk of this investment, (ii)&nbsp;able to hold the Shares indefinitely, and (iii)&nbsp;presently able to afford a complete loss of this investment. I have consulted my own attorney, accountant or investment
advisor with respect to my investment in the Shares. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">4.<B>&nbsp;&nbsp;&nbsp;&nbsp;Legends. </B>All certificates evidencing Shares of the
Company subject to the provisions of this Agreement shall bear the following legend: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%"><FONT FACE="Times New Roman" SIZE="2">&#147;THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE
NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE &#147;ACT&#148;). THESE SHARES HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO DISTRIBUTION OR RESALE, AND MAY NOT BE TRANSFERRED WITHOUT AN EFFECTIVE REGISTRATION
STATEMENT FOR SUCH SHARES UNDER THE ACT, OR PURSUANT TO RULE 144 UNDER THE ACT OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT REGISTRATION IS NOT REQUIRED UNDER THE ACT&#148;. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">5.&nbsp;&nbsp;&nbsp;&nbsp;<B>General.</B> </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">(a) All notices or other communications given or made hereunder shall be in writing and shall be delivered or mailed by registered or certified mail, return receipt requested, postage prepaid, to the undersigned at
the undersigned&#146;s address set forth below and to the Company at the address set forth above. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(b) Notwithstanding the
place where this Agreement may be executed by any of the parties hereto, the parties expressly agree that all the terms and provisions hereof shall be construed in accordance with and governed by the internal laws of the State of Texas, without
giving effect to principles regarding conflicts of law. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(c) This Agreement constitutes the entire Agreement between the
parties hereto with respect to the subject matter hereof and may be amended only by a writing executed by all parties. I agree not to transfer or assign this Agreement, or any of my interest herein, without the express written consent of the
Company. </FONT></P>

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<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Very truly yours,</FONT></TD></TR>
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<TD VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">(Signature of Purchaser)</FONT></P></TD></TR>
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<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><U></U><U>Tim T. Morris</U></FONT></TD></TR>
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<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">(Typed or printed name of Purchaser)</FONT></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Dated: January&nbsp;2, 2007 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">ACCEPTED AND AGREED: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">CEC ENTERTAINMENT, INC. </FONT></P> <P
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