Document:

Exhibit 10.5

 EXHIBIT 10.5 
  
 APPLE REIT SIX, INC. 
  
 2004 NON-EMPLOYEE DIRECTORS STOCK OPTION PLAN 
  
 EFFECTIVE JANUARY     , 2004 

 APPLE REIT SIX, INC. 
  
 2004 NON-EMPLOYEE DIRECTORS STOCK OPTION PLAN 
  
 EFFECTIVE JANUARY     , 2004 
  
 1. Purpose. The purpose of this Apple REIT Six, Inc. 2004 Non-Employee Directors Stock Option Plan (the
“Plan”) is to encourage ownership in Apple REIT Six, Inc. (the “Company) by non-employee members of the Board, in order to promote long-term stockholder value and to provide non-employee members of the Board with an incentive to
continue as directors of the Company. 
  
 2. Definitions.
As used in the Plan, the following terms have the meanings indicated: 
  
 (a) “Act” means the Securities Exchange Act of 1934, as amended. 
  
 (b) “Board” means the board of directors of the Company. 
  
 (c) “Code” means the Internal Revenue Code of 1986, as amended. 
  
 (d) “Company” means Apple REIT Six, Inc., a
Virginia corporation. 
  
 (e) “Date of
Grant” means the date as of which an Eligible Director is automatically awarded an Option pursuant to Section 7. 
  
 (f) “Disability” or “Disabled” means a physical or mental condition that prevents the director from performing his
customary duties with the Company. The Board shall determine whether a Disability exists on the basis of competent medical evidence, and such determination shall be conclusive. 
  
 (g) “Eligible Director” means a director described in Section 4. 
  
 (h) “Employer” means the Company. 

 (i) “Fair Market Value” means, on any given date, (i) if the Units are traded
on an exchange, the closing registered sales prices of the Company Stock on such day on the exchange on which it generally has the greatest trading volume, (ii) if the Units are traded on the over-the-counter market, the average between the closing
bid and asked prices on such day as reported by NASDAQ, or (iii) if the Units are not traded on any exchange or over-the-counter market, the fair market value shall be determined by the Board using any reasonable method in good faith. 
  
 (j) “Initial Closing” means the first closing of
the Offering that will occur after the Minimum Offering is achieved. 
  
 (k) “Insider” means a person subject to Section 16(b) of the Act. 
  
 (l) “Minimum Offering” means the sale of 4,761,905 Units pursuant to the Offering. 
  
 (m) “Offering” means, collectively, (1) the sale
of up to $1,000,000,000 in Units to the public and the registration of such shares with the Securities and Exchange Commission, as authorized by resolutions of the Board dated January     , 2004 (the “Initial
Offering”), and (2) the issuance of any additional Units as authorized by resolutions of the Board from time to time, which issuance occurs before the termination of this Plan (the “Additional Offerings”). 
  
 (n) “Option” means a right to acquire Units
granted under the Plan, at a price determined in accordance with the Plan. 
  
 (o) “Unit” means one common share and one Series A preferred share, no par value, of the Company. If the par value of the common shares or Series A preferred shares is changed, or in the event of a change in
the capital structure of the Company (as 
  

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provided in Section 12), the Units resulting from such a change shall be deemed to be Units within the meaning of the Plan. 
  
 3. Administration. The Plan shall be administered by the Board.
Options shall be granted as described in Section 7. However, the Board shall have all powers vested in it by the terms of the Plan, including, without limitation, the authority (within the limitations described herein) to prescribe the form of the
agreement embodying the grant of Options, to construe the Plan, to determine all questions arising under the Plan, and to adopt and amend rules and regulations for the administration of the Plan as it may deem desirable. Any decision of the Board in
the administration of the Plan, as described herein, shall be final and conclusive. The Board may act only by a majority of its members in office, except that members thereof may authorize any one or more of their number or any officer of the
Company to execute and deliver documents on behalf of the Board. No member of the Board shall be liable for anything done or omitted to be done by him or any other member of the Board in connection with the Plan, except for his own willful
misconduct or as expressly provided by statue. 
  
 4.
Participation in the Plan. Each director of the Company who is not otherwise an employee of the Employer or any subsidiary of the Company and was not an employee of the Employer or subsidiary for a period of at least one year before the Date of
Grant shall be eligible to participate in the Plan. 
  
 5.
Securities Subject to the Plan. Subject to Section 12 of the Plan, there shall be reserved for issuance under the Plan an aggregate of 45,000 Units plus 1.8% of the total number of Units issued in the Offering in excess of the Minimum Offering,
which shall be authorized, but unissued Units. Units allocable to Options or portions thereof granted under the Plan that expire or otherwise terminate unexercised may again be subjected to an Option under the Plan. 
  

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 6. Non-Statutory Stock Options. All options granted under the Plan shall be non-statutory in
nature and shall not be entitled to special tax treatment under Code section 422. 
  
 7. Award, Terms, Conditions and Form of Options. Each Option shall be evidenced by a written agreement in such form as the Board shall from time to time approve, which agreement shall comply with and be subject
to the following terms and conditions: 
  
 (a)
Automatic Award of Option. 
  
 (i) As of
the Initial Closing, each Eligible Director shall automatically receive an Option to purchase 5,500 Units plus 0.0125% of the number of Units in excess of the Minimum Offering sold by the Initial Closing. 
  
 (ii) As of each June 1 during the years 2004 and ending upon
the termination of the Plan, each Eligible Director shall automatically receive an Option to purchase 0.02% of the total number of Units issued and outstanding on that date. 
  
 (iii) As of the election as a director of any new person who qualifies as an Eligible Director, such
Eligible Director shall automatically receive an Option to purchase 5,500 Units. 
  
 (iv) If at any time under the Plan there are not sufficient Units available to fully permit the automatic Option grants described in this
paragraph, the Option grants shall be reduced pro rate (to zero if necessary) so as not to exceed the number of Units available. 
  
 (b) Option Exercise Price. The Option exercise price shall be the Fair Market Value of the Units subject to the Option on the Date
of Grant. 
  

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 (c) Options Not Transferable. An Option shall not be transferable by the optionee
otherwise than by will, or by the laws of descent and distribution, and shall be exercised during the lifetime of the optionee only by him. An Option transferred by will or by the laws of descent and distribution may be exercised by the
optionee’s personal representative within one year of the date of the optionee’s death to the extent the optionee could have exercised the Option on the date of his death. No Option or interest therein may be transferred, assigned, pledged
or hypothecated by the optionee during his lifetime, whether by operation of law or otherwise, or be made subject to execution, attachment or similar process. 
  

(d) Exercise of Options. In no event shall an Option be exercisable earlier than six months from the later of the Date of Grant
or the date of approval of the Plan by shareholders of the Company. Furthermore, no Option may be exercised: 
  
 (i) Before any amendment or restatement that requires shareholder approval pursuant to Section 13 of the Plan, is approved by shareholders
of the Company; 
  
 (ii) Unless at such time the
optionee is a director of the Company, except that he may exercise the Option within three years of the date he ceases to be a director of the Company if he ceased to be a director more than six months after the Date of Grant of the Option;

  
 (iii) After the expiration of ten years from
the Date of Grant; and 
  
 (iv) Except by written
notice to the Company at its principal office, stating the number of Units the optionee has elected to purchase, accompanied by payment in cash and/or by delivery to the Company of the Units (valued at Fair 

  

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Market Value on the date of exercise) in the amount of the full Option exercise price for the shares of Units being acquired thereunder. 
  
 8. Withholding. If the Company is required by law to withhold federal
or state income taxes when an Option is exercised, the Company shall have the right to retain or sell without notice Units having a Fair Market Value sufficient on such date or dates as may be determined by the Board (but not more than five business
days prior to the date on which such Units would otherwise have been delivered) to cover the amount of any federal or state income tax required to be withheld or otherwise deducted and paid with respect to such payment and the exercise of the
Option, remitting any balance to the optionee; provided, however, that the optionee shall have the right to make other arrangements satisfactory to the Company or to provide the Company with the funds to enable it to pay such tax. Notwithstanding
the foregoing, the Company shall not sell Units if the Optionee is an Insider and such sale will cause the Optionee to incur a liability under Section 16(b) of the Act. 
  
 9. Modification, Extension and Renewal of Options. The Board shall have the power to modify, extend or renew
outstanding Options and to authorize the grant of new options in substitution therefor, provided that any such action may not enhance the rights of the optionee without shareholder approval or have the effect of altering, enhancing or impairing any
rights or obligations of any person under any Option previously granted without the consent of the optionee. 
  
 10. Termination. The Plan shall terminate upon the earlier of: 
  
 (a) The adoption of a resolution of the Board terminating the Plan; or 
  
 (b) The date on which the Company’s existence
terminates (provided, however, that if the existence of the Company is reinstated as permitted by law, the Plan 
  

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shall continue during the effective period of any reinstatement, subject to earlier termination pursuant to Section 10(a) above). 
  
 No termination of the Plan shall without his consent materially and adversely affect any of
the rights or obligations of any person under any Option previously granted under the Plan. 
  
 11. Limitation of Rights. 
  
 (a) No Right to Continue as a Director. Neither the Plan nor any action taken pursuant to the Plan shall constitute or be evidence of any agreement or understanding, express or implied, that the Company will
retain any person as a director for any period of time. 
  
 (b) No Shareholders Rights Under Options. An optionee shall have no rights as a shareholder with respect to Units covered by his Option until the date of exercise of the Option, and, except as provided in
Section 12, no adjustment will be made for dividends or other rights for which the record date is prior to the date of such exercise. 
  
 12. Changes in Capital Structure. 
  
 (a) In the event of a stock dividend, stock split or combination of stock, recapitalization or merger in which the Company is the
surviving corporation or other change in the Company’s capital stock (including, but not limited to, the creation or issuance to shareholders generally of rights, options or warrants for the purchase of common shares or preferred shares of the
Company), the number of units to be subject to the Plan and to Options then outstanding or to be granted thereunder, the maximum number of units or securities which may be delivered under the Plan, the exercise price and other relevant provisions
shall be appropriately adjusted by the Board, whose determination shall be binding on all persons. If the adjustment would produce fractional 
  

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units with respect to any unexercised Option, the Board may adjust appropriately the number of units covered by the Option so as to eliminate the fractional
units. 
  
 (b) If the Company is a party to a
consolidation or a merger in which the Company is not the surviving corporation, a transaction that results in the acquisition of substantially all of the Company’s outstanding stock by a single person or entity, or a sale or transfer of
substantially all of the Company’s assets, the Board may take such actions with respect to outstanding Options as the Board deems appropriate. 
  
 (g) Notwithstanding anything in the Plan to the contrary, the Board may take the foregoing actions without the consent of any optionee and
the Board’s determination shall be conclusive and binding on all persons for all purposes. 
  
 13. Amendment of the Plan. The Board (except as provided below) may suspend or discontinue the Plan or revise or amend the Plan in any respect;
provided, however, that without approval of the shareholders of the Company no revision or amendment shall increase the number of shares subject to the Plan (except as provided in Section 12) or materially increase the benefits accruing to
participants under the Plan. The Plan shall not be amended more than once every six months other than an amendment required to comply with changes in the Internal Revenue Code or the Employee Retirement Income Security Act of 1974 or regulations
thereunder. Notwithstanding the foregoing, the Board may unilaterally amend the Plan and the terms of Options granted hereunder to ensure compliance with Rule 16b-3 of the Securities and Exchange Commission promulgated under the Securities Exchange
Act of 1934, as amended. 
  
 14. Notice. All notices and
other communications required or permitted to be given under this Plan shall be in writing and shall be deemed to have been duly given if delivered personally or mailed first class, postage prepaid, as follows: (a) if the Company – at its
principal 

  

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business address to the attention of the President; (b) if to any participant – at the last address of the participant know to the sender at the time
the notice or other communication is sent. 
  
 15. Governing
Law. The terms of this Plan shall be governed by the laws of the Commonwealth of Virginia without regard to conflicts of law. 
  

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 IN WITNESS WHEREOF, the Company has caused this Plan to be executed this     
day of January 2004. 
  

	APPLE REIT SIX, INC.
		
	 By:
	 	  

	 	 	 Glade M. Knight,

	 	 	 Chairman of the Board

  

 10LICENSED DATA AGREEMENT

 Exhibit 10.1 
  
 Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the information
subject to the confidentiality request. Omissions are designated as [*]. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission. 
  
 TRIBUNE MEDIA SERVICES LICENSED DATA AGREEMENT 
 Television Listings Data Agreement 
  
 This Agreement (“Agreement”) is made between Tribune Media Services, Inc., (“TMS”), a Delaware corporation having a place of business at 435 N. Michigan Ave., Chicago, IL 60611, and TiVo Inc.
(“Licensee”), a Delaware corporation having a place of business at 2160 Gold Street, Alviso, California 95002 on this March 1, 2004 (the “Effective Date”). In consideration of the mutual covenants contained herein, TMS and
Licensee agree as follows: 
  
 1. DEFINITIONS. 
  
 (a) Basic Personalized Television Service means Licensee’s
no-fee services that include DVR functionality, but which in comparison with the Personalized Television Service, do not enable Licensee’s Season PassTM and WishListTM features (or substantially similar features) and provide a Program Guide with no more than three (3) days of localized television listings information,
as enabled on Licensee’s or Licensee’s partners’ stand-alone consumer electronics products. 
  
 (b) Basic Personalized Television Service Subscriber means an individual consumer who directly subscribes to Licensee’s Basic Personalized
Television Service and has access to the Licensed Data for non-resale or non-distribution purposes. 
  
 (c) [*]Services means any services that Licensee offers to non-consumer third parties, e.g., broadcasters, advertisers, etc.; provided that such services [*] to third parties who [*]of the [*], as confirmed in writing by [*](which
may be via e-mail), and such services and third parties do [*]offered for sale or license by [*]. 
  
 (d) DVR means functionality, including access to a Website Program Guide, that Licensee enables as part of the digital recording of video
programming. 
  
 (e) [*]Services means services Licensee
offers (as of the Effective Date or services substantially similar thereto) to non-consumer third parties, e.g., broadcasters, advertisers, etc. whereby [*]enables such third parties (via [*]) to [*]an [*]into the [*]of an advertiser’s [*] that
allows Licensee’s Basic Personalized Television Service Subscribers and Personalized Television Service Subscribers to [*]. 
  
 (f) Licensed Data means the TMS Data Offerings that Licensee chooses to license for its Television Services pursuant to Section 5(a) and as
specified in Exhibit B. 
  
 (g) Personalized Television
Service means Licensee’s subscription-fee based services offered as of the Effective Date or in the future, which include DVR functionality and a Program Guide with localized television listings information, as enabled on Licensee’s or
Licensee’s partners’ stand-alone consumer electronics products. 

	[*]	Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with
respect to the omitted portions. 

 (h) Personalized Television Service Subscriber means an individual consumer who directly
subscribes to Licensee’s Personalized Television Service, and has access to the Licensed Data, or any part of Licensee’s service, for non-resale or non-distribution purposes. A Personalized Television Service Subscriber does not include
someone who subscribes only to Licensee’s Basic Personalized Television Service. 
  
 (i) Program Guide means information regarding television programming, including, without limitation, the name, time, channel, subject or other attribute of such programming, the display of all or a portion of
television programming available by name, time, channel, subject or other attribute, recommendations of television programming, whether or not such information is displayed in a common grid format or in any other format or with other information.

  
 (j) Television Services refers individually and
collectively to the Basic Personalized Television Service and the Personalized Television Service. 
  
 (k) TMS Data Offerings means data files that TMS makes available for license to Licensee, each as defined pursuant to a data specification unique
to such data file. Exhibit A sets forth the TMS Data Offerings and relevant specification as of the Effective Date. Exhibit A shall be amended as TMS adds additional data files to its product offerings. To the extent Licensee has access to TMS Data
Offerings that are not Licensed Data, it is only pursuant to Section 2(b). 
  
 (l) Website Program Guide means a web-based Program Guide made accessible solely to Licensee’s Personalized Television Service Subscribers [*]. 
  
 2. GRANTS OF LICENSE. 
  
 (a) Licensee Services License Grants. Subject to the terms and conditions of this Agreement, TMS hereby grants to
Licensee, during the term of this Agreement, a non-exclusive, non-assignable (unless pursuant to Section 16) license to use the Licensed Data and/or portions thereof (as determined and arranged by Licensee), in digital electronic form solely as part
of: 
  
 (1) Licensee’s [*]Services. This license for
[*]Services is [*]and the [*] for each data file of Licensed Data is set forth in Exhibit B. For the sake of
clarity, the [*] for each such data file allows the use of such data file for both the [*]Service and the [*]Service; 
  
 (2) Licensee’s [*]Services. This license for [*] Services is [*]; and 
  
 (3) Licensee’s [*]Services. This license is [*]and the [*]is set forth in Exhibit B. 

	[*]	Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with
respect to the omitted portions. 

  

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 (b) [*]License Grant. Subject to the terms and conditions of this Agreement, TMS hereby grants to
Licensee, during the term of this Agreement, a non-exclusive, non-assignable (unless pursuant to Section 16), [*] (except as set forth in Exhibit C) right and license to use the TMS Data Offerings and/or portions of thereof (as determined and arranged by Licensee) in digital electronic form solely for Licensee’s [*]using the TMS Data
Offerings. For purposes of this Section 2(b) [*]means (i) [*]and (ii) [*]. For the sake of clarity, Licensee may [*]such products and services to [*]. 
  
 3. LICENSE RESTRICTIONS. 
  
 (a) Licensee will use Licensed Data and TMS Data Offerings only as authorized in this Agreement or in subsequent usage agreed upon in writing by both
parties. No other distribution or derivative product uses are permitted without the express written consent of TMS. Licensee may not use Licensed Data or TMS Data Offerings in any form except as expressly set forth in this Agreement. 
  
 (b) Except as expressly provided in this Agreement, TMS does not grant
Licensee any rights or licenses in or to the Licensed Data or the TMS Data Offerings, the related names and trademarks or associated components, including without limitation the content and proprietary systems used by TMS in connection with the
Licensed Data and TMS Data Offerings. Licensee shall not sublicense or resell the Licensed Data or TMS Data Offerings without TMS’ prior written consent. TMS acknowledges and agrees that Licensee’s [*]activities (as defined in Section
2(b)), the [*]Services, [*]Services, and [*]Services do not constitute [*]of the Licensed Data or the TMS Data Offerings. 
  
 (c) Licensee shall [*]the Licensed Data or the TMS Data Offerings without TMS’ prior written consent, other than (i) to [*]necessary to [*]the
Licensed Data and the TMS Data Offerings into any electronic product in which TMS has authorized Licensee to use the Licensed Data and the TMS Data Offerings; (ii) to [*], so long as such [*]do not [*]the Licensed Data and TMS Data Offerings [*];
and (iii) to add to, or combine other data (e.g., [*]) with the Licensed Data or TMS Data Offerings so long as Licensee does not take any action and does not [*]to take any action that would [*]the Licensed Data or TMS Data Offerings [*].

  
 4. CHANGES TO LICENSEE’S TELEVISION
SERVICES. 
  
 (a) Personalized Television Service.
Licensee may add to the features and functionality provided by the Personalized Television Service, and at its sole discretion develop novel services to use with the Personalized Television Service and use the Licensed Data for such additions or
novel services [*]. 
  
 (b) Basic Personalized Television
Service. The parties will negotiate in good faith regarding [*]. Any services that the parties agree are not part of the Basic Personalized Television Services shall be considered Personalized Television Services. 

	[*]	Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission.
Confidential treatment has been requested with respect to the omitted portions. 

  

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 5. UNDERSTANDINGS REGARDING LICENSED DATA. 
  
 (a) Licensed Data and Changes Thereto. Licensee may choose to license
for purposes of Section 2(a) some or all of the TMS Data Offerings in its sole discretion, by providing written notice to TMS of Licensee’s election to do so. As of the Effective Date, the Licensed Data is set forth in Exhibit B. Exhibit B
shall be amended to reflect Licensee’s then-current Licensed Data. To the extent Licensee licenses (1) TMS Data Offerings listed in Exhibit C, the [*]set forth therein shall apply and (2) TMS Data Offerings for which [*]have been set forth in this Agreement, TMS and Licensee shall mutually agree upon the [*]. 
  
 (b) Licensed Data Contents and Customized Services. Licensee agrees
and acknowledges that the Licensed Data will include only that information which TMS, in its sole discretion, collects and distributes in the ordinary course of its business. Notwithstanding the foregoing, Licensee shall continue to receive during
the term of this Agreement all customized information and services Licensee receives from TMS as of the Effective Date. 
  
 (c) Licensed Data Source and Substitution. Licensee acknowledges and agrees that: (i) the Licensed Data and any other services to be performed by
TMS under this Agreement may be provided and/or performed by an affiliate of TMS; and (ii) if the Licensed Data becomes unavailable for any reason, TMS at its sole discretion may either substitute substantially identical data in substantially the
same form and format or reduce on a pro rata basis the fees payable by Licensee for the Licensed Data in question. 
  
 (d) Licensed Data Acceptance. Licensee agrees to accept the Licensed Data in the format set forth in the data specifications referenced in Exhibit
A. 
  
 (e) Licensed Data Format Changes. TMS agrees not to
change the record format of the Licensed Data without deliberation, if at all, and only then by notifying Licensee in writing at least [*]days in advance of such change. TMS and Licensee agree that TMS may change the Licensed Data only by adding
fields at the end of file(s) and/or modifying field formats, but that TMS may not delete any fields. 
  
 (f) Licensee Requests. In the event Licensee requests format revisions or additional services, there may be additional monthly or one-time charges,
depending on the format revisions and additional services requested. Specific rate increases or charges shall be provided to Licensee by TMS in advance of the actual format changes or additional services requested by Licensee. 
  
 (g) Understanding Regarding UK Data. Notwithstanding anything to the
contrary contained herein, Licensee shall have no obligation to license United Kingdom-specific TMS Data Offerings from TMS; provided, however, that if Licensee desires to receive United Kingdom Program Guide data from a third party, Licensee shall
[*]. 

	[*]	Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with
respect to the omitted portions. 

  

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 6. ATTRIBUTION. Licensee agrees to credit TMS as the source of the Licensed Data by providing attribution in
Licensee’s Television Services as follows: 
  
 (a) In the
so-called [*]: “Program guide data provided by
Tribune Media Services, Inc.” 
  
 (b) In the so-called
[*]: “Program Information © Tribune Media Services, Inc.” 
  
 (c) In the so-called [*]: “© Tribune Media Services, Inc.” 
  
 Licensee may display its own [*] logos in association with the Television Services. The parties shall negotiate in good faith any changes to the attributions set forth in this Section 6. 
  
 7. PAYMENT. 
  
 (a) Monthly Billing and Payment; Late Fees. Licensee shall pay to TMS the fees for the Licensed Data and for the [*]
Services, as set forth in Exhibit B. TMS will bill Licensee [*]and Licensee shall pay all undisputed amounts within [*]days after receipt of an invoice. Late payments will be assessed an interest charge of [*]percent ([*]%) per month. TMS, in its
sole discretion, may terminate this Agreement and/or cease providing Licensed Data to Licensee if Licensee fails to pay any undisputed amounts within [*]days after Licensee receives notice from TMS of a payment delinquency. 
  
 (b) [*]. Licensee will [*] the [*], which TMS [*]. Licensee represents and
warrants that it will use commercially reasonable efforts to [*]. If Licensee [*], Licensee shall [*] and [*]. If Licensee [*], Licensee shall also [*]. Licensee shall have the right to [*]within [*] of [*]. 
  
 (c) Taxes. Licensee shall pay all applicable taxes (including without
limitation sales and use taxes) associated with delivery to Licensee and use by Licensee of the Licensed Data. 
  
 (d) [*]. If, for [*]or more [*], TMS fails to deliver [*] Licensed Data or delivers the Licensed Data in a corrupted or unusable manner that
affects [*]percent ([*]%) or more of Licensee’s customer base, TMS shall [*]Licensee an [*]to [*]. 
  
 8. DATA QUALITY/PROBLEM RESOLUTION. 
  
 (a) Data Quality. TMS shall meet the following standards for the Licensed Data supplied to Licensee under this Agreement: 
  
 (1) TMS will use commercially reasonable efforts to ensure that the Licensed
Data is accurate 
  
 (2) [*] 

	[*]	Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with
respect to the omitted portions. 

  

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 (3) [*] 
  
 (4) [*] 
  
 (5) [*] 
  
 (6) [*] 
  
 (7) [*] 
  
 (8) [*] 
  
 (9) [*] 
  
 (10) [*] 
  
 (b) Problem Response and Resolution. Upon the Effective Date, TMS shall provide email, voicemail and live on-call support to Licensee to help
support and address Licensee’s concerns and questions regarding the Licensed Data and services. TMS shall use commercially reasonable efforts to respond to Licensee’s initial contact [*]during TMS’ normal business hours (7:00 am EST
to 5:30 pm EST, Monday through Friday, excluding holidays) and [*]during holidays, weekends and outside of TMS’ normal business hours. TMS shall use commercially reasonable efforts to resolve problems related to lineups and schedules [*]after
receipt of Licensee’s initial call. TMS shall use commercially reasonable efforts to resolve problems related to real-time products or provide an explanation with a timeline for resolution, [*]after receipt of Licensee’s initial call.

  
 (c) Recurring Problems. With respect to errors Licensee
deems in good faith to be recurring, Licensee may provide to TMS specific written descriptions thereof. TMS shall [*]of Licensee’s notification (1) investigate such errors, (2) report to Licensee an explanation for such errors, and (3) if TMS
in good faith agrees that errors are attributable to TMS, provide a firm schedule date for the resolution of such errors. TMS will resolve such errors in accordance with such schedule. If any such mutually agreed upon recurring errors are [*]agreed
to by TMS and Licensee[*]upon [*]advance written notice if such recurring error continues to result in a material deficiency (“Material Deficiency”) in the Licensed Data, provided, however, that TMS shall have [*] (concurrent with the
advance notice period) to correct any such Material Deficiency. A Material Deficiency is a recurring non-routine deficiency that is within the control of TMS, the consequence of which is to create material non-standard processing requirements on the
part of Licensee to correct such Material Deficiency. 
  
 (d)
Quality Discussions and Enhancement Requests. The parties will conduct data quality discussions on at least a [*]basis. The objective of these discussions will be to 

	[*]	Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with
respect to the omitted portions. 

  

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 share knowledge with the intent of discovering and reducing potential errors in, and enhancing, the Licensed Data and TMS
Data Offerings. The data quality discussions will occur as long as Licensee feels they are necessary. Following each such [*] discussion, Licensee may supply TMS with a list of desired enhancement requests. TMS shall consider such requests in good
faith and use commercially reasonable efforts to implement such requests. [*] of receiving such requests, TMS shall inform Licensee whether TMS can fulfill such requests and the estimated time frame for doing so. TMS acknowledges that Licensee is
submitting enhancement requests in Exhibit D and that on or before the Effective Date, TMS shall inform Licensee whether TMS can fulfill such requests and the estimated time frame for doing so. 
  
 (e) Late Data Delivery. The parties will discuss initiation of a
procedure specifying that if the [*] to Licensee is [*] until [*], TMS will send notification of this situation to [*] as soon as TMS has knowledge of the situation. 
  
 (f) Account Management. TMS shall maintain up-to-date documentation regarding Licensee’s specifications and
business processes and, for all new TMS employees servicing Licensee’s account, shall train such employees on Licensee’s specifications and business processes. TMS will share such documentation with Licensee on or before the Effective
Date, and thereafter upon Licensee’s request but not less than once per year. TMS shall also have an introductory meeting with Licensee for new TMS employees servicing Licensee’s account. 
  
 9. TERM. This Agreement shall begin on the “Effective Date” and continue for
three (3) years, and shall automatically renew for up to two (2) additional terms of one (1) year each unless Licensee notifies TMS of its decision not to renew this Agreement by providing written notice by letter to TMS at Tribune Media Services,
Inc., 333 Glen Street, Glens Falls, New York 12801, with copy to General Counsel, Tribune Company, 435 N. Michigan Ave., Suite 600, Chicago, Il 60611, at least ninety (90) days before the end of the then-current term. TMS may terminate this
Agreement in the case of material uncured breaches by Licensee of Licensee’s license grant restrictions or payment obligations; provided that TMS provides Licensee with written notice of such breaches and [*] from the date of such notice to
cure such breaches. The royalties for the Licensed Data and [*] Services, excluding [*], shall increase by [*] percent ([*]%) with each renewal of this Agreement. 
  
 10. LIMITATION OF LIABILITY. 
  
 (a) Licensee acknowledges and agrees with TMS’ assertion that the Licensed Data is produced by TMS in good faith from
information compiled and supplied by unrelated third parties. EXCEPT AS PROVIDED IN SECTION 8, TMS PROVIDES THE LICENSED DATA ON AN “AS IS” BASIS, MAKES NO EXPRESS OR IMPLIED WARRANTIES REGARDING THE LICENSED DATA, AND DISCLAIMS ALL
WARRANTIES OF MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE. LICENSEE’S SOLE REMEDY FOR ANY NONCOMPLIANCE WITH SECTION 8 SHALL BE A CREDIT OF THE FEES PAYABLE BY LICENSEE FOR THE LICENSED DATA GIVING RISE TO SUCH NONCOMPLIANCE.

	[*]	Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with
respect to the omitted portions. 

  

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 (b) TMS shall not be liable for any loss or damage arising to Licensee by reason of non-delivery, delay
or interruption in delivery of data due to circumstances beyond the control of TMS, which shall include without limitation, failure of communication equipment. EXCEPT FOR INTENTIONAL MISCONDUCT OR GROSS NEGLIGENCE AND EXCLUDING ITS INDEMNIFICATION
OBLIGATIONS UNDER SECTION 11 OF THIS AGREEMENT, IN NO EVENT SHALL TMS’ LIABILITY TO LICENSEE OR ANY OTHER PARTY FOR MISTAKES, ERRORS, OR OMISSIONS IN DATA, FOR NON-DELIVERY OR LATE DELIVERY OF DATA, EXCEED THE AMOUNT PAYABLE BY LICENSEE TO TMS
FOR THE DATA IN WHICH THE MISTAKE, ERROR, OR OMISSION OCCURRED, OR FOR THE DATA WHICH WAS NOT DELIVERED OR WAS NOT DELIVERED ON A TIMELY BASIS. EXCEPT FOR INTENTIONAL MISCONDUCT OR GROSS NEGLIGENCE AND EXCLUDING ITS INDEMNIFICATION OBLIGATIONS UNDER
SECTION 11 OF THIS AGREEMENT, IN NO EVENT SHALL LICENSEE’S LIABILITY TO TMS EXCEED THE AMOUNT PAYABLE BY LICENSEE TO TMS FOR LICENSED DATA. EXCEPT FOR INTENTIONAL MISCONDUCT OR GROSS NEGLIGENCE OR PURSUANT TO ITS INDEMNIFICATION OBLIGATIONS, IN
NO EVENT SHALL TMS OR LICENSEE BE LIABLE FOR INCIDENTAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES OR LOST-PROFIT DAMAGES. 
  
 11. INDEMNIFICATION. 
  
 (a) By TMS. TMS shall indemnify, defend and hold harmless Licensee and its officers, directors, employees, representatives and agents from and
against any and all claims, damages, costs and expenses (including reasonable out-of-pocket attorneys’ fees) arising out of or relating to any allegation that the Licensed Data or TMS Data Offerings infringes or otherwise violates any third
party’s patent, trademark, copyright, trade secret or other intellectual property right, except to the extent such allegation relates to or arises out of any edits, modifications or alterations Licensee has made to the Licensed Data or TMS Data
Offerings. 
  
 (b) By Licensee. Licensee shall indemnify,
defend and hold harmless TMS and its officers, directors, employees, representatives and agents from and against any and all third party claims, damages, costs and expenses (including reasonable out-of-pocket attorneys’ fees) arising out of or
relating to (a) any edits, modifications or alterations Licensee makes to the Licensed Data or TMS Data Offerings; and (b) any suits or actions alleging that any electronic product in which Licensee uses or incorporates the Licensed Data or TMS Data
Offerings (an “Allegedly Infringing Licensee Product”) infringes or otherwise violates any third party’s patent, trade secret, copyright, trademark or other intellectual property right. If Licensee receives written notice of an
alleged infringement or believes that a claim of infringement is likely, then Licensee may (i) modify the Allegedly Infringing Licensee Product so that it no longer infringes and (ii) if such modifications cannot be obtained using commercially
reasonable efforts and on commercially reasonable terms, terminate this Agreement upon notice to TMS. 
  
 (c) General. Any indemnification provided under this Agreement shall be conditioned upon (i) the indemnified party providing the indemnifying party
with prompt written notice of any claim; provided, however, that failure to provide prompt notice shall 

  

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not relieve the indemnifying party of its indemnification obligations unless such failure materially prejudices the defense of such claim; (ii) the
indemnified party permitting the indemnifying party to assume and control the defense and settlement of such claim; and (iii) the indemnified party fully cooperating in the defense or settlement of such claim. The indemnification provisions of this
Agreement shall survive expiration or termination of this Agreement. 
  
 12.
PROPRIETARY INTEREST. Licensee acknowledges that, as between Licensee and TMS, TMS owns all copyrights and other proprietary rights in and to the Licensed Data and TMS Data Offerings. Licensee shall not, by virtue of this Agreement or by virtue of
its access to the Licensed Data and TMS Data Offerings, obtain any copyright or other proprietary right or interest in or to the Licensed Data or TMS Data Offerings except the rights specifically granted to Licensee herein. 
  
 13. CONFIDENTIALITY OBLIGATIONS. 
  
 (a) Confidential Information. During the term of this Agreement, each
party may receive Confidential Information (as hereinafter defined) belonging to the other party (the “disclosing party”) and shall not use such Confidential Information except as set forth in this Agreement. Each receiving party shall
disclose Confidential Information of the disclosing party only to its employees or agents who are required to have such information for the receiving party to carry out the transactions contemplated by this Agreement and who have been advised of the
obligations set forth in this Section 13(a). The receiving party shall promptly notify the disclosing party of any actual or suspected misuse or unauthorized disclosure of the disclosing party’s Confidential Information. For purposes of this
Agreement, “Confidential Information” of a disclosing party means any information or material that the other party designates as confidential (including without limitation the terms and conditions of this Agreement) unless such information
or material (i) is or becomes publicly known through no wrongful act of the receiving party, (ii) is received from a third party without restriction and without breach of any confidentiality obligation to the other party, or (iii) is independently
developed by the receiving party without any use of the Confidential Information, as demonstrated by files created as of the time of such independent development. 
  
 (b) Compelled Disclosures. If a receiving party is compelled by law, regulation or a court of competent jurisdiction
to disclose any of the other party’s Confidential Information, the receiving party will promptly notify the disclosing party so that it may seek a protective order or other appropriate remedy. The receiving party agrees to cooperate at the
disclosing party’s expense in seeking such order or other remedy. If disclosure is ultimately required, the receiving party will furnish only that portion of the Confidential Information that is legally required, exercise reasonable efforts to
obtain assurance that it will receive confidential treatment, and continue to treat such Confidential Information in accordance with Section 13(a). 
  
 (c) Confidentiality of Agreement. Each party agrees that the terms and conditions of this Agreement shall be treated as the other party’s
Confidential Information; provided, however, that each party may disclose the terms and conditions of this Agreement: (i) as required by any court or other governmental body; (ii) as otherwise 

  

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required by applicable law; (iii) to legal counsel of the parties; (iv) pursuant to the rules and regulations of any stock association or exchange on which
the party’s stock is traded; (v) in confidence, to accountants, banks, and financing sources and their advisors; (vi) in confidence, in connection with the enforcement of this Agreement or rights under this Agreement; or (vii) in confidence, in
connection with a merger or acquisition of one of the parties or proposed merger or acquisition of one of the parties. Neither party shall issue any statement or communication to any third party (other than their respective agents) regarding the
subject matter of this Agreement, including, if applicable, the termination of this Agreement and the reasons therefor, without the consent of the other party, which consent shall not be unreasonably withheld, except that this restriction shall be
subject to the parties’ obligations to comply with applicable securities laws (and in such event each party shall use reasonable efforts to provide the other party with a copy of any such statement or communication in advance of such issuance).
For the purpose of clarity, the parties may disclose in confidence the terms, conditions and existence of this Agreement to any third parties as necessary to fulfill their respective obligations, and exercise their respective rights under this
Agreement. 
  
 (d) Tax Disclosure. Notwithstanding anything
in this Agreement to the contrary, each party to this Agreement (and any employee, representative, or other agent of the parties to this Agreement) may disclose to any and all persons, without limitation of any kind, the tax treatment and tax
structure of the transactions contemplated by this Agreement and all materials of any kind (including opinions or other tax analyses) that are provided to it relating to such tax treatment and tax structure; provided however, that such disclosure
shall only be made to the extent reasonably necessary to comply with any applicable federal or state securities laws. For the purposes of the foregoing sentence, (i) the “tax treatment” of a transaction means the purported or claimed
federal income tax treatment of the transaction, and (ii) the “tax structure” of a transaction means any fact that may be relevant to understanding the purported or claimed federal income tax treatment of the transaction. Thus, for the
avoidance of doubt, the parties acknowledge and agree that the tax treatment and tax structure of any transaction does not include the name of the other party to this transaction or any sensitive business information (including, without limitation,
the name and other specific information about the other party’s proprietary rights or Confidential Information disclosed pursuant to this Agreement) unless such information may be related or relevant to the purported or claimed federal income
tax treatment of the transaction. 
  
 14. POST-TERMINATION. On termination or
expiration of this Agreement: (i) all rights granted by TMS under this Agreement shall immediately terminate; (ii) Licensee shall within [*]after such termination cease to display, reproduce, retransmit or otherwise use any Licensed Data or TMS Data
Offerings; (iii) within [*]after such termination, Licensee shall purge all Licensed Data and TMS Data Offerings from all of its [*]; (iv) once [*]have passed from such termination Licensee will not use for any purpose thereafter any information
included in or derived from the Licensed Data or TMS Data Offerings; and (v) Licensee shall within [*]after such termination return to TMS any software or other materials provided by TMS under this Agreement. Upon termination or 

	[*]	Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with
respect to the omitted portions. 

  

 Page -10- 

 expiration of this Agreement for reasons other than nonpayment or Licensee’s breach of its license grant
restrictions, TMS shall continue to provide Licensee with Licensed Data and TMS Data Offerings at Licensee’s written request, at the rates specified in this Agreement and in accordance with the terms and conditions of this Agreement, for up to
[*]following such termination or expiration. Notwithstanding anything herein to the contrary, upon termination or expiration of this Agreement, Licensee shall not be required to purge Licensed Data or TMS Data Offerings from any of Licensee’s
customers’ consumer devices to which Licensee supplied Licensed Data or TMS Data Offerings during the term of this Agreement. 
  
 15. GOVERNING LAW; VENUE. This Agreement shall be governed by and interpreted under the laws of the State of Illinois, excluding Illinois’ choice of law rules. Any
suit, action or proceeding arising out of or relating to this Agreement shall be brought exclusively in the state or federal courts located in Chicago, Illinois. Both parties hereby irrevocably consent to jurisdiction and venue in the state and
federal courts located in Chicago, Illinois for purposes of any suit, action or proceeding arising out of or relating to this Agreement. 
  
 16. ASSIGNMENT. TMS may assign this Agreement without the prior consent of Licensee. Licensee shall not assign its rights under this Agreement without TMS’ prior
written consent except pursuant to a transfer of all or substantially all of Licensee’s business and assets, whether by merger, sale of assets, sale of stock or otherwise. Each party’s rights and obligations pursuant to this Agreement and
any amendments thereof will bind and inure to the benefit of such party’s permitted successors or assignees. 
  
 17. PUBLICITY. TMS shall have the right to use the name of Licensee in publicity, advertising, and sales promotion with the prior consent of Licensee, such consent not to
be unreasonably withheld or delayed. Notwithstanding the foregoing, TMS will not be required to obtain Licensee’s prior consent to include Licensee’s name in public lists of TMS clients. 
  
 18. NO JOINT VENTURE CREATED. Nothing in this Agreement and its performance shall be
construed as creating a joint venture, partnership or agency between Licensee and TMS. 
  
 19. ENTIRE AGREEMENT. This Agreement and its Exhibits contain the entire understandings of TMS and Licensee concerning the subject matter hereof, and supersede and cancel all prior understandings, agreements, representations (whether oral
or written) between TMS and Licensee regarding the subject matter hereof. In the event of a conflict between the provisions of this Agreement and any exhibits hereto, the terms of this Agreement prevail. Neither party shall be bound by, and each
party specifically objects to, any term, condition or other provision that is different from or in addition to the provisions of this Agreement (whether or not it would materially alter this Agreement) and which is proffered by the other party in
any correspondence or other document, unless the party to be bound thereby specifically agrees to such provision in writing. This Agreement may only be amended by a subsequent writing signed by an authorized representative of TMS and Licensee.

	[*]	Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with
respect to the omitted portions. 

  

 Page -11- 

 In Witness Whereof, the undersigned have executed this Agreement on the dates indicated. 
  

	 Accepted by:
	 	 	 	 Accepted by:

			
	TiVo Inc.	 	 	 	Tribune Media Services, Inc.
	 Signature:
	 	 /s/ Edward Lichty

	 	 Signature:
	 	 /s/ Barbara S. Needleman

	 Printed Name:
	 	 Edward Lichty
	 	 Printed Name:
	 	 Barbara S. Needleman

	 Title:
	 	 Vice President
	 	 Title:
	 	 Vice President

	 Date:
	 	 6 Jan 04
	 	 Date:
	 	 1/12/04

		
	 Phone:        408-519-9157
	 	 Sales Representative: Amy Mann

	 Fax:             408-519-3304
	 	 	 	 

  

 Page -12-

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