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EXHIBIT 10.4  

 
 

Information marked [XXX CONFIDENTIAL TREATMENT REQUESTED] has been
  omitted pursuant to a request for confidential treatment. Such omitted information
  has been filed separately with the Securities and Exchange
Commission.    
  

 
 

SPONSORSHIP MARKETING AGREEMENT    
  

    Sponsorship Marketing Agreement ("Agreement"), dated as of April 1, 1999
("Effective Date"), between Ticketmaster Corporation, an Illinois corporation, having its principal office at 3701 Wilshire Boulevard, Los
Angeles, California, 90010 (together with related entities as defined in Section I hereof "Ticketmaster"), and American Express Travel Related
Services Company, Inc., a New York corporation, having its principal office at American Express Tower, World Financial Center, 200 Vesey Street, New York, New York 10285
("Amex"). This Agreement shall be deemed to include all Exhibits and Schedules attached hereto. 

    WHEREAS,
the intention of Ticketmaster and Amex is to form a strategic alliance and to set forth herein their agreement and understanding with respect to their formation of such
strategic alliance; 

    WHEREAS,
the parties will enter into a relationship for a three year sponsorship agreement in the Territory (defined in Section I below), involving specific
agreed-upon promotional activities and strategies and to explore synergies and use efforts to stimulate Amex Card usage and increase the volume of Ticketmaster transactions; 

    WHEREAS,
Ticketmaster conducts advertising and promotion in a variety of media and may expand to other media in the future including media now known or hereafter developed; and 

    WHEREAS,
Ticketmaster has offered to Amex, and Amex has agreed to accept, an exclusive sponsorship opportunity ("Sponsorship
Opportunity"; "Sponsorship") to be, the only credit card company promoted and advertised by Ticketmaster in certain sponsorship
media referred to herein; 

    NOW,
THEREFORE, in consideration of the premises, mutual covenants and agreements contained herein and other good and valuable consideration, the receipt and sufficiency of which are
hereby mutually acknowledged, the parties hereto agree as follows: 

    For
ease of reference, this Agreement sets forth the following provisions: 

I.  Definitions 

II.  The Promotion 

	A.
	Term

	B.
	Consideration

	C.
	Marketing

Telephone Interaction

Print Promotion

Internet Promotion

Special Relationship Opportunities

Outlet Promotion

	D.
	Marketing
Support Fund

	E.
	Special
Cardmember Services

	F.
	Additional
Undertakings and Conditions 

 

III. Governing Provisions of Agreement 

	A.
	Promotion
Copy

	B.
	Ownership
of Mailing List and Customer Information

	C.
	Trademarks

	D.
	Legal
Compliance

	E.
	Representations
and Warranties

	F.
	Indemnification

	G.
	Confidentiality

	H.
	Termination

	I.
	Limitation
of Liability

	J.
	Force
Majeure

	K.
	Notices

	L.
	Binding
Effect; Assignment

	M.
	Miscellaneous

Index of Exhibits and Schedules  

	Exhibit A/B	 	Size and specifications of Amex logo
	

Schedule A	
 	

Affiliates of Ticketmaster Engaged in the Ticketing Business in the United States
	

Addendum	
 	

Internet Sponsorship Addendum

2

 

I.  DEFINITIONS  

    "Amex Card" = a general purpose payment card bearing an American Express name, logo, trademark, service mark or copyright is called the
"Amex Card" or "American Express Card". The person whose name is embossed on the face of the Amex Card is the "Cardmember", and all amounts payable by
Cardmembers for purchases made with the Amex Card are called "Charges". 

    "Business Day" = a day other than Saturday, Sunday, national holidays, or any other day on which banks in the city of New York are
permitted or required to be closed. 

    "Call Center Agents" = telemarketing center service representatives or employees of Ticketmaster, whether live or recorded voice. 

    "Card Service Agreement" = that certain agreement, entitled "Agreement for American Express Card Acceptance" dated as of the Effective
Date by and between Ticketmaster and Amex governing acceptance of the Amex Card by Ticketmaster, certain direct and indirect subsidiaries and affiliates of Ticketmaster and by Ticketmaster Outlets in
the Territory. 

    "Competing credit card company" = means any company that directly competes with Amex with respect to any general purpose payment card
(including, by way of example and not limitation, MasterCard, Visa, Discover/NOVUS, Diners Club, Carte Blanche and JCB), and any financial institution to the extent it issues a general purpose payment
card, but only with respect to any such general purpose payment card. 

    "Confidential Information" = this Agreement and all information conveyed by either party to the other party relating to the disclosing
party's business, which is designated by the disclosing party in writing as proprietary and confidential, subject to the provisions of Section III.G of this Agreement. 

    "Customer Lists" = the list(s) maintained by Ticketmaster of those consumers who have ordered Tickets to an event through the services
provided by Ticketmaster as agent for various venues and/or promoters or purchased merchandise through the Ticketmaster System at any time and from time to time, including prior to the date of this
Agreement. 

    "FUSA Agreement" = that certain agreement entitled "Bankcard Agreement" dated as of
December 15, 1996 by and between Ticketmaster and First U.S.A. Bank, a Delaware banking corporation ("FUSA"), whereby Ticketmaster agreed to the
exclusive marketing of FUSA's MasterCard credit cards and, among other things, the endorsement of a co-branded credit card to and among consumers of Ticketmaster appearing on the Customer
Lists. 

    "Force Majeure" = any reason which is beyond any party's control, such as boycotts, war, acts of God, labor troubles, strikes,
restraints of public authority, or any similar occurrence in which a party is unable to perform its obligations hereunder. 

    "Internet" = the world wide protocol of the Internet. 

    "Materials" = the materials, which may include but not be limited to print matter (i.e., Tickets, Ticket envelopes, and Ticket mailing
inserts, if any), Call Center Agents' scripts, text code for the Internet Web pages, and any other materials which Ticketmaster or Amex agrees in its discretion to cause to be prepared, distributed,
published, posted or disseminated from time to time, to consumers of Ticketmaster appearing on the Customer Lists, Cardmembers, or Prospects as provided for herein. 

    "Promotion Copy" = all advertising copy for any and all of the Sponsorship Opportunity Materials, including print materials,
telemarketing script copy, radio scripts, and text code for electronic and Internet marketing. 

3

 

    "Prospects" = members of the general public, to whom the Sponsorship may be advertised by Ticketmaster and who may consider purchasing
Tickets or merchandise through Ticketmaster through any distribution channel. 

    "Sponsorship Media" = shall mean, collectively, and as such categories may be expanded from time to time pursuant to this Agreement,
telephone sales promotion, Print promotion, Special Relationship Opportunities, and Outlet promotion, as such terms are defined and set forth more particularly in this Agreement. 

    "Tape" = when used in this Agreement shall mean any one of the following: a printed report, an electronic transmission of a data file,
or a hard copy tape, as shall be mutually agreed upon between Ticketmaster and Amex in the particular circumstance for the particular purpose. 

    "Territory" = shall mean the United States of America (including the 50 United States and Washington, D.C., the U.S. Virgin Islands and
Puerto Rico). 

    "Ticketing" = shall mean the sale of Tickets through the Ticketmaster System. 

    "Ticketmaster" = shall mean Ticketmaster Corporation and its direct and indirect subsidiaries and affiliates listed on
Schedule A hereto. 

    "Ticketmaster-Controlled Media" = shall mean print materials and advertisements directly produced and controlled by Ticketmaster but
shall not include media or advertisements controlled by third parties which receive advertising allowances from Ticketmaster. 

    "Ticketmaster Outlets" = shall mean retail ticket selling agencies owned and controlled by third parties which have entered into
agreements with Ticketmaster to make Tickets available through the Ticketmaster System. 

    "Ticketmaster System" = shall mean the hardware, software, related procedures and personnel, repair and maintenance services
established and maintained by Ticketmaster for the purpose of selling, auditing and controlling the sale of Tickets for events or merchandise. 

    "Tickets" = means a printed evidence of the right to occupy space at or to attend an event. 

    Other
terms used herein shall have the meanings ascribed to them throughout this Agreement. 

Exhibits—See Index of Exhibits prior hereto. 

Exhibit A,
B, ... = copies of sample logo presentations of the Amex brand, samples of Ticket envelope artwork, etc. that are referred to throughout this Agreement. 

II.  THE PROMOTION  

A.  (1)  Term.  The term of this Agreement shall commence on the Effective Date and remain in effect for a
period of [XXX CONFIDENTIAL TREATMENT REQUESTED] calendar years through the [XXX CONFIDENTIAL TREATMENT REQUESTED] one-year
anniversary of the Effective Date for the Territory, unless terminated pursuant to the terms of this Agreement (the "Term"). Ticketmaster hereby grants
Amex an exclusive right of first refusal as set forth herein. Specifically, commencing at any time on or after June 1, 2001, Ticketmaster shall provide Amex with [XXX CONFIDENTIAL
TREATMENT REQUESTED], providing that this Agreement is then in full force and effect; providing further, however, that Ticketmaster shall not be obligated to supply [XXX
CONFIDENTIAL TREATMENT REQUESTED]. In order to effectuate this right of first refusal, Ticketmaster, shall provide to Amex, in writing, on or after [XXX CONFIDENTIAL TREATMENT
REQUESTED]. Amex shall then have [XXX CONFIDENTIAL TREATMENT REQUESTED] Business Days to advise
Ticketmaster in writing that it will enter into such proposed arrangement and exercise its right of first refusal. For purposes of calculating 

4

 

the [XXX CONFIDENTIAL TREATMENT REQUESTED] Business Days, the period from [XXX CONFIDENTIAL TREATMENT REQUESTED] through and including
[XXX CONFIDENTIAL TREATMENT REQUESTED] and [XXX CONFIDENTIAL TREATMENT REQUESTED] through and including [XXX CONFIDENTIAL TREATMENT
REQUESTED] shall not be included as Business Days. Ticketmaster may negotiate an agreement with a third party prior to the expiration of such [XXX CONFIDENTIAL TREATMENT
REQUESTED] Business Day period; provided, however, that, Ticketmaster shall not enter into an agreement with any such third party without first offering Amex [XXX
CONFIDENTIAL TREATMENT REQUESTED]. In order to effectuate this [XXX CONFIDENTIAL TREATMENT REQUESTED], Ticketmaster shall provide to Amex, in writing, the material
details of the proposed agreement with a third party (which details shall include the proposed nature and terms of the agreement, the proposed rights and obligations of the parties and the proposed
consideration). Amex shall then have [XXX CONFIDENTIAL TREATMENT REQUESTED] Business Days to advise Ticketmaster in writing that it will enter into such proposed
arrangement and exercise its [XXX CONFIDENTIAL TREATMENT REQUESTED]. If Amex does not notify Ticketmaster in writing that it will elect to exercise its [XXX
CONFIDENTIAL TREATMENT REQUESTED], then Ticketmaster may execute, deliver and perform the agreement with the third party or any other party so long as Ticketmaster does not enter into an
agreement on terms [XXX CONFIDENTIAL TREATMENT REQUESTED]. Ticketmaster shall not be required to offer Amex the [XXX CONFIDENTIAL TREATMENT REQUESTED]
in the event that Ticketmaster has advised Amex that it shall not enter into [XXX CONFIDENTIAL TREATMENT REQUESTED] as set forth above. 

    (2)  Extension of Scope.  [XXX CONFIDENTIAL TREATMENT REQUESTED] 

    B.  Consideration.  In consideration of Ticketmaster fulfilling its material obligations under this
Agreement, Amex will pay to Ticketmaster (a) [XXX CONFIDENTIAL TREATMENT REQUESTED] during each calendar year of the Term, payable on a semiannual basis, in advance,
with the first payment due on execution hereof and future payments due on or within five (5) Business Days after March 15 and September 15 of each year;  provided that the payment made by
Amex of [XXX CONFIDENTIAL TREATMENT REQUESTED] on or about January 10, 1999 shall be
applied to the payment due on execution ("[XXX CONFIDENTIAL TREATMENT REQUESTED]"). 

    C.  Marketing.  Ticketmaster shall market the Sponsorship Opportunity in the manner hereinafter
described. 

    1.  Telephone Interaction.  The "telephone sales
promotion" part of "Sponsorship Media" shall be as follows. Ticketmaster will undertake to provide an opportunity for Amex to receive up to 3-4 distinct mentions
per completed telephone order. Provided Ticketmaster is given reasonable notice, Amex and Ticketmaster will mutually determine the specific script and any changes thereto to the extent Amex is
referenced, subject to the reasonableness of the script (e.g., concerning time limitations, legal objections, remarks disparaging third parties, etc.). During the Term, the aforesaid script rights
shall apply to all Tickets and merchandise which Ticketmaster itself sells by phone except as provided in Section II.C.6. hereof. 

    a.  Consumer Calls.  Scripts which state or incorporate the concept that  "Ticketmaster proudly welcomes the American Express Card," shall be used by
Ticketmaster, as follows: 

    (i)  Initial message to feature Amex in script:  

    "Thank you for calling Ticketmaster, where the American Express Card is proudly welcomed. What event can we help you with?"
Communication of certain Cardmember benefits under this Agreement, as agreed to by both parties, shall also be communicated during the welcome message. 

5

 

    The words "Ticketmaster proudly welcomes the American Express Card" will be incorporated into any general or main information lines
where practicable and communication of certain Cardmember benefits, as agreed to by both parties, shall also be communicated during the welcome message on the general or main information lines where
practicable (however, these requirements will not apply to any information lines which are co-sponsored, such as is the case with radio stations and certain dedicated telephone lines, all of which
Ticketmaster shall disclose to Amex within thirty (30) days after the end of each calendar quarter). 

    (ii)  "Music-on-hold" environment  (at front end when callers are in queue only). 

    (a) Ticketmaster
agrees that Amex will be the exclusive credit card company which may advertise, provided that Ticketmaster may mention other credit cards in describing
methods of payment and for ads run by local radio stations during "music-on-hold." 

    (b) Amex
may elect to purchase advertising time in the "music-on-hold" environment (when Call Center Agents put callers on hold) at a
[XXX CONFIDENTIAL TREATMENT REQUESTED] discount off of Ticketmaster's published or established rates. Cash from the Marketing Support Fund may be used for such purpose. 

    b.  In method of payment script.  When orders are taken by phone, Ticketmaster will cause at least one
set of the following words to be said by Ticketmaster: "How will you be paying? We proudly welcome the American Express Card and also accept other major credit cards. May I
have your American Express Card number please?" or "Will you be putting that charge on Amex?" If the caller requests information
about the Amex Card, Ticketmaster will inform the caller that Information can be obtained from Amex by calling 1-800-THE CARD. 

    c.  If Amex is the chosen, payment option,  the Call Center Agent would say  "Thank you for using the American Express Card", or words to that effect.

    d.  Relating to Certain Events.  [XXX CONFIDENTIAL TREATMENT REQUESTED] 

    2.  Print Promotion.  The "Print promotion" part of "Sponsorship Media" shall be as follows and
Ticketmaster shall promote Amex on the print Materials set forth herein. Wherever the Ticketmaster phone number appears in Ticketmaster-Controlled Media, the Amex logo and Amex-provided
tag line will appear next to it (provided any space limitation allows use of the tag line), and the words "Ticketmaster Proudly Welcomes The American Express
Card" or other words or logos acceptable to both parties shall be included in the manner set forth in the immediately following subsection in all of the following
Ticketmaster-Controlled Media: 

	•
	Ticket
fronts;

	•
	Ticket
envelope panels and flaps;

	•
	mailing
inserts;

	•
	Event
Guides; and

	•
	any
other print materials mutually agreed to. 

Ticketmaster
shall use its reasonable efforts to cause third parties to promote the Amex Card on the print Materials in all non-Ticketmaster-Controlled Media, including Ticket stock as
provided in Section II.C.2.c. and d. hereof as well as venue-controlled media. 

    a.  Ticket Fronts.  Ticketmaster will apply the Amex logo on the front of the Ticket when Ticketmaster
supplies Ticket stock. Ticketmaster will use diligent efforts to phase in the Amex 

6

 

logo on Ticket stock as soon as it is commercially reasonable (it being understood that Ticketmaster shall be entitled to deplete its existing Ticket stock), it being understood that the Amex logo
will be phased in within 120 days from the date hereof, and in any event, the Amex logo will be on substantially all Ticketmaster Ticket stock within 180 days. 

    b.  Size and Specifications.  The size and specifications of the Amex logo will conform to those provided
in Exhibit A/B attached hereto and made a part hereof, which contains a sample from which Ticketmaster will not materially deviate. 

    c.  Outlet Sales.  At Ticketmaster Outlets, when Ticketmaster supplies Ticket stock, Ticketmaster will
use reasonable efforts to have the Amex logo appear next to the Ticketmaster phone number on the front, it being understood that the Outlet may dictate otherwise. 

    d.  Ticket Backs.  No advertising for any Competing credit card company may appear on Ticket backs where
Ticketmaster supplies the Ticket stock. 

     (i) If
Amex elects to purchase the right to advertise on Ticket backs, it will receive a minimum [XXX CONFIDENTIAL TREATMENT REQUESTED] discount
off Ticketmaster's published or established rates. 

    e.  Ticket Envelope Panels.  

     (i) On
the Ticketmaster panel of the Ticket envelope a distinguishable/recognizable Amex logo will appear in similar size and placement consistent with Ticketmaster's
past custom and practices. A sample from which Ticketmaster will not materially deviate is incorporated as an Exhibit to this Agreement. Ticketmaster will use diligent efforts to phase in the Amex
logo on Ticket envelopes as soon as it is commercially reasonable, but in any event the Amex logo will be phased entirely in within approximately ninety (90) days from the date hereof and no
envelopes depicting MasterCard as the preferred card will be used by Ticketmaster after said period. 

    (ii) For
all Ticket envelopes, Amex will be entitled to have an entire panel for its own use. Amex will provide camera-ready art by applicable deadline which art may be
changed up to four (4) times per calendar year and shall be subject to review and approval by Ticketmaster with respect to the collateral message, which approval may not be unreasonably
withheld. 

    f.  Mailing Inserts.  Amex may provide Ticketmaster one (1) two (2)-sided insert of Amex's choice
which insert may be changed up to [XXX CONFIDENTIAL TREATMENT REQUESTED] times per calendar year and shall be subject to review and approval by Ticketmaster, which
Ticketmaster will include in substantially all mailings thereafter during each calendar year. 

     (i) Amex
will print and provide the inserts, at its sole cost and expense, in accordance with Ticketmaster's distribution procedures, size and weight requirements. 

    (ii) Ticketmaster
may include inserts for other third parties (other than Competing credit card companies except client-related sponsorships as described in
Section II.C.l.d. hereof) or Ticketmaster's own use in any mailing. 

    (iii) Amex
may use the inserts to communicate the Special Relationship Opportunities or other Cardmember benefits which do not compete with Ticketmaster's business.
Amex cannot use Ticketmaster Sponsorship Media to advertise any event or venue for which Tickets are sold but for which Ticketmaster does not sell any of the Tickets. 

7

 

    (iv) Ticketmaster agrees to work with Amex to identify other opportunities to promote the Sponsorship through Ticketmaster's mailings. 

    g.  Event Guide Inserts.  

     (i) Amex
will be featured on the front cover of the Event Guide and the Amex logo and Amex-provided tag line will appear inside the guide with similar frequency as the
Ticketmaster logo appears. The size of the Amex logo and tag line will be reasonably determined by Ticketmaster and Amex, but in any event the logo and tag line will be clear and discernible. 

    (ii) Amex
will be featured with its logo and tag line on each page of a monthly insert which Ticketmaster causes to be placed in the publications entitled Entertainment
Weekly and Sports Illustrated for as long as such publications continue and as long as Ticketmaster retains the right for such insertions. 

    3.  Internet Promotion.  See attached Internet Sponsorship Addendum which is incorporated herein by
reference. 

    4.  Special Relationship Opportunities.  [XXX CONFIDENTIAL TREATMENT REQUESTED].
The "Special Relationship Opportunities" part of "Sponsorship Media" shall be as follows. 

    a.  Discount.  Ticketmaster shall have, in its sole and absolute discretion, the right to select which
merchandise shall be available for sale and purchase by consumers through Ticketmaster. With respect to such merchandise, Ticketmaster shall offer a [XXX CONFIDENTIAL TREATMENT
REQUESTED] discount on all merchandise which Ticketmaster itself has sourced (thereby excluding merchandise offered by any third party through Ticketmaster) and this shall apply only to
merchandise which is distributed by Ticketmaster during the Term of this Agreement. If revenues from merchandise offered by third parties which is excluded from this Special Relationship Opportunity
exceeds [XXX CONFIDENTIAL TREATMENT REQUESTED] of Ticketmaster's revenues derived solely from the sale of merchandise generally evidenced on an annual basis at any time during
the Term of this Agreement, the parties will mutually agree on a substitute exclusive opportunity for Amex Cardmembers. Notwithstanding the foregoing, Ticketmaster may enter into merchandise
agreements during the Term of this Agreement which provide discounts to other third parties, provided that such discounts may not be used in conjunction with a discount offered to Amex customers, and
provided that such agreements will not last longer than twelve months from their commencement and shall apply only to special classes of merchandise. 

    b.  Other Opportunities.  Ticketmaster and Amex will undertake to mutually agree on other available
opportunities (e.g., frequency programs, advance notification of upcoming events, promotional tie-ins, merchandise, first-day CD and video promotions, sweepstakes, etc.) and
such opportunities will be made available exclusively to Amex Cardmembers. At Amex's request and expense, a dedicated phone number will be provided for any such opportunity. Ticketmaster shall not be
required to expend any funds in connection with providing or servicing any such opportunity. 

    c.  Cardmember Ticketing Services.  Ticketmaster has provided services to Amex in support of Amex's
provision of Ticket buying privileges to certain of its Cardmembers and may continue to provide such services pursuant to a separate agreement to be entered into between the parties containing terms
and conditions to be mutually agreed. 

8

 

    d.  Online Promotions.  The parties agree to explore promotional offers to be posted on the Ticketmaster
Site and/or the Amex Site. 

    5.  Outlet Promotion.  The "Outlet
promotion" part of "Sponsorship Media" shall be as follows. 

    a.  Amex Card.  Amex will be the only payment card participating in any promotional opportunities
generated by Ticketmaster for Ticketmaster Outlets. [XXX CONFIDENTIAL TREATMENT REQUESTED]. Ticketmaster shall use reasonable efforts to secure Ticketmaster Outlet
participation in such promotions to the extent economically feasible. 

    b.  Materials.  Ticketmaster Outlet point of purchase materials supplied by Ticketmaster will feature
Amex more prominently than any other payment method. [XXX CONFIDENTIAL TREATMENT REQUESTED]. 

9

  

    6.  Exception.  Notwithstanding any other provisions contained herein, any goods or services sold by
third parties through the Ticketmaster System, including but not limited to Ticketmaster's arrangements for the sale of Entertainment Weekly and Sports Illustrated, any membership clubs and third
party merchandise, shall not be subject to the terms and provisions of this Agreement provided that the existence of any such arrangement shall be disclosed to Amex within thirty (30) days
after the end of each calendar quarter. 

    7.  Proof of Performance.  Within thirty (30) days after the end of each calendar quarter during
the Term, Ticketmaster shall provide to Amex sample copies of the print Materials, Ticket fronts and backs. Ticket envelope panels, mailing inserts and event guide inserts used during the preceding
calendar quarter pursuant hereto. In addition, upon the giving of reasonable notice to Ticketmaster, a designated representative of Amex shall have the right to review, at reasonable intervals no more
frequent that quarterly, and in such a manner that does not interfere with Ticketmaster's normal business operations, Ticketmaster's execution of the telephone interaction procedures set forth herein.
It is understood and agreed that the nature and extent of any such review shall be subject to Ticketmaster's confidentiality and privacy concerns regarding its clients and customers. 

    D.  Marketing Support Fund.  

    1.  Fund.  During the Term, Amex will undertake Cardmember communications and promotional activities as
provided herein up to a value equivalent to [XXX CONFIDENTIAL TREATMENT REQUESTED] per year and not less than [XXX CONFIDENTIAL TREATMENT REQUESTED] in
the aggregate for the [XXX CONFIDENTIAL TREATMENT REQUESTED] year Term hereof (the "Marketing Support Fund" or  "Fund"). Amex will make reasonable
efforts to allocate such communications and activities equally during each calendar year throughout the Term. Amex
further agrees to make reasonable efforts to allocate [XXX CONFIDENTIAL TREATMENT REQUESTED] of the value of the Fund to promote the Ticketmaster Sites, as defined in the
Internet Sponsorship Addendum. 

    2.  Options, Updates and Review.  Amex will provide Ticketmaster with a list of communications and
promotional options and the costs associated therewith periodically, and Ticketmaster and Amex will review and mutually agree on the promotion(s) from the list to be sent to Cardmembers to be covered
by the Fund for the ensuing period. Such promotions shall be reasonably designed to promote Ticketmaster's business or the Ticketmaster Sites as set forth above. Such promotions shall be provided by
Amex at a [XXX CONFIDENTIAL TREATMENT REQUESTED] discount from the cost thereof. In addition, Amex will provide Ticketmaster with periodic updates no less frequent than
quarterly regarding the status of the Fund, the marketing and advertising campaigns covered by the Fund and Fund expenditures. Amex shall be entitled to use cash which shall reduce its obligations
with respect to the Fund to cover the costs of "music on hold" and mailing inserts, if desired, by payment to Ticketmaster in accordance with Section II.C.1.a. (ii)(b) hereof. 

    3.  Promotion.  In consideration of the Marketing Support Fund and other benefits made available by Amex,
while this Agreement is in effect, Ticketmaster shall promote the American Express Card in accordance with this Agreement. 

    4.  Proof of Performance.  Within thirty (30) days after the end of each calendar quarter during the
Term, Amex shall provide to Ticketmaster sample copies of the communications and promotional Materials used during the preceding calendar quarter pursuant hereto. 

    E.  Special Cardmember Services.  

    1.  Provided that Ticketmaster has not received a written notice of default which has not been cured, Amex will provide
Cardmember servicing support to Ticketmaster each month in the 

10

 

amount of [XXX CONFIDENTIAL TREATMENT REQUESTED] of Ticketmaster's previous month's [XXX CONFIDENTIAL TREATMENT REQUESTED] means the total of all
Charges Amex accepted from Ticketmaster, less any adjustments or Credits Ticketmaster issued or amounts for which Amex turned to Ticketmaster for payment pursuant to Amex's rights to Full Recourse
under the terms of the Card Service Agreement. The date Amex accepts a Charge is the Business Day Amex receives it at the office Amex has designated for the receipt of Charges from Ticketmaster. 

    2.  Payment shall be made on the twentieth (20th) day of each month based on the prior calendar month's
[XXX CONFIDENTIAL TREATMENT REQUESTED]; provided, however, that if the twentieth (20th) day of the month is not a Business Day, then payment shall be made on the
next Business Day. If Amex cannot calculate Ticketmaster's actual [XXX CONFIDENTIAL TREATMENT REQUESTED] for the previous month in order to make timely payment, such payment
shall be made based on a reasonably determined estimate of such [XXX CONFIDENTIAL TREATMENT REQUESTED] and the next monthly payment shall be adjusted to reflect the correct
amount due based on the actual [XXX CONFIDENTIAL TREATMENT REQUESTED] for such month. 

    3.  Ticketmaster shall be solely responsible and liable for forwarding any such payments to Ticketmaster Outlets and
shall indemnify and hold Amex harmless with respect to any claims made by any such Ticketmaster Outlets with respect to such payments by Amex to Ticketmaster. 

    4.  Capitalized terms used in this Section II.E. without definition have the meanings ascribed thereto in the
Card Service Agreement. 

    F.  Additional Undertakings and Conditions.  

    1.  Reporting; Information.  

    a.  Subject
to Ticketmaster's customary and contractual security and confidentiality procedures and obligations, Ticketmaster will provide on a periodic basis all data,
information and other materials reasonably requested by Amex which Ticketmaster currently collects regarding purchases of goods and services by Cardmembers (e.g., number and percentage of sales from
different event segments), except as such data is precluded from such transfer by Ticketmaster by other pre-existing contractual obligations. 

    b.  Ticketmaster
will use reasonable and diligent efforts to inform and advise Amex staff regarding its experience and expertise in event marketing and related areas on
an ongoing basis and will work with Amex to measure results of various programs and promotions. 

    c.  These
requests for information shall be undertaken in ways which do not unreasonably interfere with Ticketmaster's normal business operations and which will be
subject to the restriction that Amex shall have no access to Ticketmaster's Customer Lists. 

    d.  Amex
reserves the right to conduct periodic training sessions on a reasonable basis at its expense at Ticketmaster's convenience with Ticketmaster representatives
to ensure appropriate servicing of Cardmembers regarding the overall Sponsorship and associated benefits as well as the Cardmember Ticketing Services program. 

    2.  Participation By Third-Parties in Third-Party Prepared Media.  Ticketmaster agrees to use
its reasonable efforts to have each Outlet and venue which offers Ticketmaster services (a) accept the Amex Card for all events, (b) include the American Express name and logo, as
approved by Amex, in its print advertising for Ticket sales and (c) mention the Amex Card first when listing charge, credit or debit cards or other payment systems accepted by the venue.
However, Ticketmaster does not guarantee that any venue, promoter or third party will comply with the foregoing. 

11

 

    3.  Unique Relationship.  

    a.  Amex
shall use reasonable efforts to attempt to introduce Ticketmaster to various business partners and contacts as necessary or desirable to successfully achieve
the objectives contemplated under this Agreement. 

    b.  Amex
shall share its research, data and other materials with Ticketmaster as reasonably requested by Ticketmaster, subject to Amex's confidentiality and privacy
concerns. 

    4.  Additional Ticketmaster Commitments.  

    a.  Ticketmaster
will use reasonable efforts to attempt to arrange meetings for Amex with all Ticketmaster businesses or events that Amex may be interested in for
sponsorship or Ticket purchasing opportunities. 

    b.  Ticketmaster
will use its reasonable efforts to make its suites or special seating available to Amex on a periodic basis for sweepstakes and hospitality purposes. 

III. GOVERNING PROVISIONS OF AGREEMENT 

    A.  Promotion Copy  

    1.  Review and Approval.  Unless either party is using the attachments to this Agreement or the Exhibits
containing pro forma Ticketmaster or Amex Materials or such other Materials that have already been approved, each of the parties hereto shall cause all Materials modifications and/or changes to
Materials, to be delivered to the other party, for review, comment, and approval or disapproval, at least ten (10) Business Days in advance of a comment deadline imposed by or upon the
requesting party. Neither party may materially amend, modify, or alter Promotion Copy after having been approved by the other party except with the explicit written approval of such other party, and
the publishing party assumes no responsibility or liability for errors regarding the other party and the Promotion Copy in such party's Materials after they have been approved by the other party. 

    2.  Injunctive Relief.  Any breach of the terms of this Section III.A. may cause irreparable harm
to the parties, and (a) in the event of any threatened breach, each party shall be entitled to injunctive relief in addition to any other available remedy; and (b) any failure of either
party to adhere to the standards in
this Section III.A. which constitutes a material breach of this Agreement shall be subject to paragraph 3 below and Section III.H. below regarding "Termination". 

    3.  Right of Termination.  If at any time either party suffers any material damage, cost or expense
(i.e., resulting in provable financial loss) as a result of improper or inaccurate Materials regarding the services of the other party and if such Materials have not been approved, the aggrieved party
shall have a right to immediately terminate this Agreement; provided, however, that the defaulting party shall have a right to cure such default
pursuant to Section III.H.1. below. 

    B.  Ownership of Mailing List and Customer Information.  

    1.  Customer Lists.  The Customer Lists (and any Ticketmaster purchase information with respect to the
consumers of Ticketmaster appearing on the Customer Lists) shall be owned solely and exclusively by Ticketmaster, shall be deemed proprietary and confidential and subject to the confidentiality
provisions of this Agreement set forth in Section III.G. below, and shall not be made available to Amex as long as the FUSA Agreement (defined in Section I. above) remains in effect. Amex will not
disclose Ticketmaster-specific information to any third party for any purpose, without the prior written consent of Ticketmaster. Any breach of the terms of this section may cause irreparable harm to
Ticketmaster and in the event of any threatened breach, Ticketmaster 

12

 

shall be entitled to indemnification and injunctive relief in addition to any other available remedy. At the request and cost of Amex, Ticketmaster shall agree to send literature prepared by Amex to
Cardmembers who have purchased goods or services through Ticketmaster as Amex reasonably requests. 

    2.  Responders and Purchasers.  Except for Amex Confidential Information, Ticketmaster may add to its
Customer Lists the names, addresses, telephone numbers and e-mail addresses of, clickthrough data concerning and purchasing information about, the consumers Ticketmaster appearing on the
Customer Lists who purchase Tickets, services or merchandise through Ticketmaster through whatever media using the Amex Card including the Internet and may use such information in the same manner it
uses such information on other consumers of Ticketmaster appearing on the Customer Lists. Notwithstanding the foregoing, Ticketmaster shall not create a separate list of Amex Cardmembers or a list
showing payment information including type for the use or benefit of Ticketmaster or any third party. 

    C.  Trademarks.  

    1.  Limited License.  Neither Ticketmaster nor Amex is being granted or vested with any right or
interest, ownership or otherwise, in or to any of the trademarks, trade names, service marks or logos of the other by virtue of or pursuant to this Agreement, except as expressly provided herein.
Ticketmaster shall have a non-exclusive, non-transferable license to use the Amex name and trademarks, but said license is limited to only such uses as are expressly provided
for in this Agreement. Amex shall have a non-exclusive, non-transferable license to use the Ticketmaster name and logo solely to accurately describe its relationship with
Ticketmaster and the preferred card rights described herein. The use of Ticketmaster's name and logo by Amex is subject to the reasonable approval of Ticketmaster, with the understanding that
Ticketmaster will reasonably approve, on a pre-authorized basis, permissible variations which will provide options to Amex to reference the Ticketmaster-Amex relationship. The
use of Amex's name and logo shall be subject to Amex's approval as set forth in this Agreement. Any other use of either party's marks is prohibited, unless prior written authorization is obtained. At
the end of the Term, Ticketmaster may use Amex's marks on Print Materials and Amex agrees that Ticketmaster may use the remaining Ticket stock bearing the Amex logo for a period of not less than sixty
(60) days from the date of termination and otherwise as provided herein, the parties shall cease to make use of each others marks except as authorized by separate agreement. Neither party will obtain
any ownership interest in the marks of the other or any other right or entitlement to continue use of such marks other than as provided in this Agreement. Neither party will disparage, dilute or
otherwise adversely affect the validity of the marks of the other. All goodwill and other rights that may be acquired in the marks of the other party will inure to the sole benefit of the trademark
owner. In the performance of this Agreement, each party will comply with all applicable trademark laws and regulations. In the event this Agreement is terminated for any reason, the parties shall
immediately cease to make use of the other's Marks except for Materials that have been produced or are in production at the date of termination of this Agreement and as contemplated by
Section III.H.4. hereof. 

    2.  Reservation of Rights.  Each of the parties hereto shall grant to the other the limited and
non-exclusive, royalty free license to use, copy and reproduce and distribute its trademarks pursuant to this Agreement. During the term of this Agreement, each of the parties, to the
extent that it has any such rights which may be sublicensed, shall grant to the other party, a non-exclusive, royalty free sublicense to use, copy and reproduce and distribute its
licensors' trademarks in connection with the promotion and distribution, publication and dissemination of the Materials relating to the Sponsorship Opportunity pursuant to this Agreement. Any and all
trademarks and other intellectual property rights of each of the parties shall remain the exclusive property of such party or shall be properly licensed to such party or an affiliate of such party. 

13

 

    3.  Grant of License/Disclaimer of Warranty.  Each of the parties hereto grants to the other a
non-exclusive, U.S. license to use those trade names, trademarks, logos, service marks and product designations of such party and its licensors (collectively,  "Company Marks") and brand designated for
use in connection with a party's activities under this Agreement. Each party acknowledges that the other party
has taken reasonable measures to secure its rights in the Company Marks and brand in the United States and elsewhere. However, with respect to Internet promotion which may be viewed worldwide, the
parties do not warrant that its rights in the Company Marks necessarily extend to all nations worldwide. Each party agrees that its use of the other party's Company Marks shall be in accordance with
good trademark practice and with the other party's policies regarding trademark usage as established from time to time by such party at its discretion and communicated to the other party. Both
parties understand and agree that its use of Company Marks in connection with this Agreement shall not create any right, title or interest in or to such trademarks and that all such use and goodwill
associated with such trademarks will inure to the benefit of the other party and its licensors. 

    D.  Legal Compliance.  

    1.  Compliance for Offering a Sponsorship Opportunity.  Ticketmaster shall be responsible for
Ticketmaster's being in compliance with all applicable laws and regulations regarding, among other things, the offering of Sponsorship Opportunities. 

    2.  Compliance For Merchandise Supply & Shipment.  Ticketmaster shall be responsible to use reasonable
business efforts to ensure that Ticketmaster is in compliance with all applicable laws and regulations regarding (A) the calculation and imposition of charges for shipping and handling, and
(B) the shipment of goods and the proper procedure for notification of backordered merchandise in connection with the Federal Trade Commission Mail and Telephone Merchandise Order Rule, if
applicable. 

    E.  Representations and Warranties.  

    1.  General.  Each of the parties hereto represents and warrants to the other party that 

    a.  the
execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary
corporate action on its part, such party is duly incorporated, validly existing and in good standing, and this Agreement is a valid and binding obligation of such party enforceable against such party
in accordance with its terms; 

    b.  neither
the execution, delivery and performance of this Agreement nor the consummation of the transactions contemplated hereby, nor compliance with any provision
hereof, will conflict with or result in a breach of any provision of such party's articles of incorporation or by-laws, each as amended, cause a breach or default (or give rise to any
right of termination, cancellation or acceleration) under any of the terms, conditions or provisions of any note, bond, lease, mortgage, indenture, license or other instrument, contract, agreement,
letter of intent, or oral or written understanding binding upon such party or its assets, or violate any provision of any law, statute, rule or regulation or order, writ, judgment, injunction or
decree applicable to such party or it assets; 

    c.  it
is not subject to bankruptcy or insolvency proceedings; 

    d.  except
as otherwise disclosed, no actions, suits or proceedings are pending or, to its knowledge, threatened which would materially adversely affect its ability to
perform its obligations hereunder; 

    e.  no
representation or warranty contains any untrue statement or omits to state any material fact required to make the statement not misleading; and 

14

 

    f.   no consent, approval, order or authorization or filing with any governmental body or from any other party is required on its part in connection with the execution
and delivery of this Agreement or the consummation of the transactions contemplated hereunder. 

    2.  Additional Ticketmaster Warranties.  Ticketmaster further represents and warrants that 

     (i) it
will comply with all the terms of the Card Service Agreement in all material respects during the term of this Agreement and acknowledges that a material uncured
breach of the Card Service Agreement constitutes breach of this Agreement; and 

    (ii) it
has taken (or will take before December 31,1999) all commercially reasonable business steps to render the Ticketmaster System Year 2000 Compliant to the
extent the Ticketmaster System is used to provide services pursuant to this Agreement or the Card Service Agreement entered into by the Parties, and Ticketmaster does not anticipate business
interruption due to the Year 2000 problem. As used herein, "Year 2000 Compliant" shall mean the related system's ability to (i) manage and manipulate data involving all dates from the
20th and 21st centuries without functional or data abnormality related to such dates; (ii) manage and manipulate data involving all dates from the 20th
and 21st centuries without inaccurate results related to such dates; (iii) have user interfaces and data fields formatted to distinguish between dates from the 20th
and 21st centuries; and (iv) represent all data to include indications of the millennium, century and decade, as well as the actual year. The parties agree and acknowledge that
the foregoing representation and warranty shall not apply to the extent that failure of the Ticketmaster System or any portion thereof to be Year 2000 Compliant results from the interaction between
the Ticketmaster System and any third-party hardware, communications facility, software, or data which may pass data into, accept data from, or comprise such Ticketmaster System or portion thereof. 

    3.  FUSA.  Based solely on the representation in Section III.E.I.b. above and the description of
the FUSA Agreement contained in Section I. hereof, Amex acknowledges that Ticketmaster has informed Amex that Ticketmaster is a party to the FUSA Agreement (defined in Section I. of this Agreement). 

    F.  Indemnification.  

    1.  Indemnification by Amex.  Amex shall defend, indemnify and hold harmless Ticketmaster (including
those subsidiaries and affiliates listed on Schedule A), and their respective officers, directors, shareholders, partners, employees, licensees, agents, successors and assignees, from and
against any and all liabilities, losses and expenses whatsoever, including without limitation claims, damages, judgments, awards, settlements, investigations, costs and expenses (including without
limitation reasonable attorneys fees and disbursements) ("Claims") which any of them may become obligated to pay resulting from third party claims
arising out of: 

    a.  its
advertising for the Sponsorship or Sponsorship merchandise; 

    b.  the
acts or omissions of Amex and its employees and subcontractors in the performance of Amex obligations, representations, warranties or covenants under this
Agreement; 

    c.  any
breach by Amex of any of its representations, warranties, covenants or obligations under this Agreement; and 

    d.  the
negligent acts of Amex or the negligent acts of Amex's agents, employees or representatives, whether or not related to or arising from this Agreement, or Amex
or Amex's agent's, employees or representative's violations or alleged violations of any federal, state or local laws, regulations or rulings, including those relating to consumer credit. 

15

 

    2.  Indemnification by Ticketmaster.  Ticketmaster shall defend, indemnify and hold harmless Amex, its
parent, subsidiaries and affiliated companies and each of their respective officers, directors, shareholders, partners, employees, licensees, agents, successors and assignees, from and against any and
all Claims which any of them may become obligated to pay resulting from third party claims arising out of: 

    a.  its
advertising for the Sponsorship or Sponsorship merchandise; 

    b.  any
alleged defects in, or product liability claims involving, Sponsorship merchandise; 

    c.  the
acts or omissions of the Ticketmaster and their respective employees and subcontractors in the performance of Ticketmaster obligations under this Agreement; 

    d.  any
breach by Ticketmaster of any of its representations, warranties, covenants or obligations under this Agreement; and 

    e.  the
negligent acts of Ticketmaster or the negligent acts of Ticketmaster's agents, employees or representatives, whether or not related to or arising from this
Agreement, or Ticketmaster or Ticketmaster's agent's, employee's or representative's violations or alleged violations of any federal, state or local laws, regulations or rulings. 

    3.  Indemnification Procedure.  Any party seeking indemnification under Section III.F.1. or F.2.
above (the "Indemnitee") shall give the party from which indemnification is sought (the "Indemnitor")
prompt notice of any claim for which indemnification is sought. The Indemnitor shall have control over the defense and settlement of any such claims, except that the prior written consent of the
Indemnitee (which shall not be unreasonably conditioned, delayed, or withheld) shall be required for any settlement that does not involve only the payment of cash. To the extent reasonably requested
by the Indemnitor, the Indemnitee shall cooperate in such defense, at the Indemnitor's cost and expense. The Indemnitee shall have the right to participate in the defense of any such claim at its own
expense. 

16

 
    G.  Confidentiality.  

    1.  Confidential Information.  Each party, as a recipient
("Recipient") of any Confidential Information of any other party ("Discloser"), shall hold such
Confidential Information in the strictest confidence and each Recipient shall protect all Confidential Information of the Discloser with the same degree of care that the Recipient exercises with
respect to its own proprietary and confidential information. The Recipient shall not disclose or otherwise disseminate any Confidential information of the Discloser to any third party (which shall
exclude its officers, directors, employees, agents and affiliates and the officers, directors, employees agents and affiliates of such affiliates who have a need to know such information) or use any
Confidential Information of the Discloser for purposes other than those set forth in this Agreement. However, the Recipient shall have no obligation with respect to Confidential Information that
(i) is in the public domain through no act of the Recipient, (ii) was in the Recipient's possession without any restriction on use or disclosure prior to its disclosure by the Discloser,
(iii) is received from a third party without any restriction on use or disclosure, provided that disclosure of such information by such third party is not known by the Recipient to be a breach
of any obligation of confidentiality owed to the Discloser, (iv) is required to be disclosed by a court order or other governmental authority or by federal securities laws, or (v) is
independently developed by the Recipient. 

    2.  Publicity.  During the Term, except as required by law, neither party to this Agreement shall make,
or cause to be made, any press release or public announcement in respect of this Agreement or the transactions contemplated hereby without the prior written consent of the other party, which consent
shall not be unreasonably withheld or delayed. The parties shall cooperate as to the timing and contents of any such press release or public announcement and either party shall be entitled to make
such comments as are necessary and appropriate in furtherance thereof and consistent therewith. If either party distributes internally any copies of this Agreement or any parts thereof, it shall
instruct each recipient that he or she is subject to this confidentiality obligation. 

    3.  Survival.  The obligations of this Section III.G. shall survive for the Term and for a period
of two (2) years after the termination of this Agreement. 

    4.  Remedies.  The parties acknowledge and agree that, in the event of a breach or threatened breach of
this Section III.G., the non-breaching party may have no adequate remedy in money damages and accordingly, may be entitled to appropriate injunctive relief against such breach or
threatened breach. 

    H.  Termination.  

    1.  Default / Dispute Resolution.  

    a.  The
parties will attempt in good faith to resolve through negotiation any disputes, alleged breaches, claims, or disagreements which may arise between them with
respect to the interpretation of any provision of this Agreement or with respect to performance under this Agreement (each, a "Dispute"). Either party
may initiate negotiations by sending to the other party a notice describing the Dispute in detail (the "Non-Compliance Notice") and setting
forth the relief requested. The receiving party shall have a period of five (5) Business Days after its receipt of the Non-Compliance Notice to respond to the allegations set forth
in the Non-Compliance Notice with a written statement of its position on, and recommended solution to, the Dispute. In the event the Dispute has not then been resolved, the representatives
of each party with full settlement authority shall, within ten (10) Business Days after the date of the Non-Compliance Notice commence good faith efforts to resolve the Dispute. If
the Dispute is not resolved by these negotiations, which shall in all respects be 

17

 

treated as Confidential Information under this Agreement, the matter will be submitted to JAMS/ENDISPUTE for mediation in accordance with following procedures: 

     (i) Any
and all Disputes not resolved by negotiation as described above, shall be submitted to JAMS/ENDISPUTE for mediation. Any mediator shall be bound by the express
terms of this Agreement and shall not change or modify any terms of this Agreement or make any award of damages in excess of the amount set forth in this Agreement or grant any relief not expressly
set forth herein. 

    (ii) Either
party may commence mediation by providing to JAMS/ENDISPUTE and the other party a written request for mediation, setting forth the subject of the Dispute
and the relief requested. The parties will cooperate with JAMS/ENDISPUTE and with one another in selecting a mediator from JAMS/ENDISPUTE's panel of neutrals, and in scheduling the mediation
proceedings. The parties covenant that they shall participate in the mediation in good faith, and that they shall share equally in its costs. All offers, promises, conduct and statements, whether oral
or written, made in the course of the mediation by any of the parties, their agents, employees, experts and attorneys, and by the mediator or any JAMS/ENDISPUTE employees, are confidential, privileged
and inadmissible for any purpose, including impeachment, in any proceeding involving the parties, provided that evidence that is otherwise admissible or discoverable shall not be rendered inadmissible
or non-discoverable as a result of its use in the mediation. 

    2.  Certain Termination Events.  

    a.  In
the event of any breach of Section II.B., II.C., II.D., III.B.1. or III.B.2, of this Agreement by either party hereto, or in the event either party materially
breaches the Card Service Agreement, the non-breaching party shall have the right to terminate this Agreement if the breaching party has not cured said breach within thirty
(30) days after its receipt of a detailed notice from the non-breaching party specifying the alleged breach. Notwithstanding the foregoing, in the event the alleged breach is of a
nature that is subject to cure but not within said thirty (30) day period, the breaching party shall have an additional period which is agreeable to both parties but is not less than ten
(10) days in which it may, through the exercise of its reasonable best efforts, cure the alleged breach, failing which the non-breaching party shall have the right to terminate this
Agreement upon thirty (30) days prior written notice. If the breach is not cured within the end of the thirty (30) day cure period or other extended cure period, or if a Dispute arises
as to whether the breach was cured, the parties shall engage in Dispute Resolution as set forth above (unless otherwise mutually agreed). In such event, if Ticketmaster is in breach, any moneys paid
in advance pursuant to the payment terms of this Agreement in respect of the applicable semi-annual period(s) will be returned on a pro-rata basis based on the date of the
breach. 

    b.  Without
limiting the generality of the foregoing, subject to the dispute resolution procedure set forth herein, in addition to any rights hereunder, the
non-breaching party shall be entitled to pursue any and all rights and remedies that it may have at law or in equity. 

    c.  Without
limiting the generality of the foregoing, in the event that during the Term of this Agreement, Ticketmaster has less than $600 million of aggregate
gross annual worldwide Ticket sales from its Ticketing business) then Amex shall have the right to terminate this Agreement upon ninety (90) days prior written notice to Ticketmaster. 

    3.  Insolvency or Dissolution of Any Performing Party.  If any of the following occurs, 

    a.  the
commencement of any voluntary bankruptcy, insolvency, reorganization, readjustment of debt, dissolution, liquidation of debt or other insolvency proceeding in
which either party is debtor; or 

18

 

    b.  the suspension or termination of either party's business or dissolution thereof or the appointment of a receiver, trustee or similar officer to take charge of a
substantial part of such entity's assets; 

either
party may terminate this Agreement immediately upon written notice to the other party. 

    4.  Continuation of Services Upon Termination of Agreement.  In all events of termination of this
Agreement, Ticketmaster shall make all reasonable business efforts to discontinue Media Promotions as soon as practicable; provided, however, that Print promotions shall be permitted to be distributed
until Ticketmaster is able to reprint and substitute inventory on-hand at the date of termination of this Agreement. 

    I.  Limitation of Liability.  Each party shall be liable to the other only for direct and actual
documented financial losses arising from a breach of this Agreement, and in no event shall either party be liable to the other for lost profits or for consequential, special, indirect, punitive or
exemplary damages. The foregoing limitation shall not apply to damages arising directly from a non-affiliated third party claim for which the liable party is responsible under
Section III.F. above entitled "Indemnification."

    J.  Force Majeure.  The party whose performance is prevented, hindered or delayed by a Force Majeure
event shall promptly give the other party written notice of the occurrence of such event and describe such event in reasonable detail, together with the estimated duration of the delay related
thereto. Such party shall also take all reasonable steps to minimize both the affect and the duration of the event. Such party shall not be entitled to receive payment for those services which it
failed to perform as a result of a Force Majeure event. 

    K.  Notices.  

    1.  Addresses.  All notices and other communications under this Agreement shall be in writing and shall
be deemed given (i) on the next day if delivered by overnight mail or courier, (ii) on the date indicated on the return receipt after being sent by certified or registered mail, postage
pre-paid, or (iii) on the date received if sent by facsimile transmission to the party for whom intended to the following addresses: 

	If to Ticketmaster:

Ticketmaster Corporation

3701 Wilshire Boulevard

Los Angeles, California 90010
	Attn:	 	Terry Barnes,

Chief Executive Officer, and

Daniel R. Goodman, Esq.,

Executive Vice President and General Counsel
	Fax #:	 	(213) 382-2416
	

with a copy to:

Ticketmaster Corporation

555 West 57th Street

New York, New York 10019
	Attn:	 	John Ruscin, President
	Fax #:	 	(212) 974-9250

19

 

	

(if notice concerns the Internet Sponsorship Addendum)

with a copy to:
	Ticketmaster Online-CitySearch, Inc.

790 E. Colorado Blvd., Suite 200

Pasadena, California 91101
	Attn:	 	Douglas McPherson, Vice President and

  Chief Legal Officer
	Fax #:	 	(626) 405-9929
	

with a copy to:

Brown Raysman Millstein Felder & Steiner LIP

120 West 45th Street

New York, New York 10036
	Attn:	 	Sarah Hewitt, Esq.
	Fax #:	 	(212) 840-2429
	

If to Amex:

American Express Travel Related Services Company, Inc.

American Express Tower

World Financial Center

200 Vesey Street

New York, New York 10285-3505
	Attn:	 	Ruth K. Toiles
	Fax #:	 	(212) 619-9375
	

with a copy to:

American Express Travel Related Services Company, Inc.

American Express Tower

World Financial Center

200 Vesey Street

New York, New York 10285-4906
	Attn:	 	General Counsel's Office
	Fax #:	 	(212) 619-6998

Each
party may by notice to the others change the address to which notices to such party are to be delivered. 

    2.  Contacts.  Ticketmaster and Amex shall each have a dedicated contact person to act as a liaison
between the parties. 

    L.  Binding Effect; Assignment.  This Agreement is binding upon and shall inure to the benefit of the
parties and their respective successors and permitted assigns. Except as otherwise contemplated hereunder, this Agreement and the respective duties and responsibilities of the parties hereunder may
not be assigned, in whole or in part, without the prior written consent of the other party (which consent may be granted or withheld in the reasonable discretion of such other party) except to a
Related Company. "Related Company" means (i) a company of which more than 50% of the Voting Shares are owned by a party, (ii) a company
that owns or controls, directly or indirectly, more than 50% of the Voting Shares of a party, or (iii) a company of which more than 50% of the Voting Shares are under common control or
ownership, directly or indirectly, with the Voting Shares of a party. "Voting Shares" means outstanding shares or securities representing the right to
vote for the election of directors or other managing authority. 

20

 

    M.  Miscellaneous  

    1.  No Joint Venture.  The relationship of Ticketmaster and Amex hereunder shall in no way be construed
to create a joint venture, partnership, or employment or agency relationship between the parties. 

    2.  Expenses.  Except as provided in Section III.F. (Indemnification) above, each party shall bear
its own expenses incident to this Agreement and the transactions contemplated hereby. 

    3.  Periodic Review.  Upon the giving of reasonable notice to Ticketmaster, a designated representative
of Amex shall have the right to review, at reasonable intervals, upon at least ten (10) Business Days notice, and in such a manner that does not interfere with Ticketmaster's normal business
operations, Ticketmaster's execution of Call Center Agents' interaction procedures. It is understood and agreed that the nature and extent of any such review shall be subject to Ticketmaster's
contractual and statutory confidentiality and privacy concerns. 

    4.  Further Action.  Each of the parties hereto shall use all reasonable efforts to take, or cause to be
taken, all appropriate action, do or cause to be done all things reasonably necessary, proper or advisable under applicable law, and execute and deliver such documents and other papers, as may be
required to carry out the provisions of this Agreement and consummate and make effective the transactions contemplated by this Agreement. 

    5.  Entire Agreement.  This Agreement, including all Exhibits attached hereto and incorporated herein,
contains the entire understanding of the parties with respect to the subject matter hereof and supersedes all prior agreements, understandings, and undertakings, both written and oral, between
Ticketmaster and Amex with respect to the subject matter hereof. 

    6.  Waiver of Breach.  The failure of any party hereto at any time to enforce any of the provisions of
this Agreement shall not be deemed or construed to be a waiver of any such provisions, or in any way to affect the right of any party hereto to thereafter enforce each and every provision of this
Agreement. No waiver of any breach of any provisions of this Agreement shall be effective unless set forth in a written instrument executed by the party against which enforcement of such waiver is
sought; and no waiver of any such breach shall be construed or deemed to be a waiver of any other or subsequent breach. 

    7.  Amendment.  No amendment of this Agreement shall be effective unless embodied in a written instrument
executed by all of the parties. 

    8.  Governing Law.  This Agreement shall be governed by and construed in accordance with the internal
laws of the State of New York without regard to conflict of laws principles. 

    9.  Severability.  If any provision of this Agreement is declared invalid or otherwise determined to be
unenforceable for any reason, such provision shall be deemed to be severable from the remaining provisions of this Agreement, which shall otherwise remain in full force and effect. 

    10.  Headings.  The descriptive headings contained in this Agreement are for convenience of reference
only and shall not affect in any way the meaning or interpretation of this Agreement. 

    11.  Further Assurances.  The parties agree to execute and deliver, or to cause to be executed and
delivered, such further instruments or documents, and to take such other action, as may be reasonably required to carry out the transactions contemplated by this Agreement, in each case provided the
same do not impose any additional liabilities or material obligations upon the other parties. 

21

 

    12.  Counterparts.  This Agreement may be executed in one or more counterparts, and by the different
parties hereto in separate counterparts, each of which when executed shall be deemed to be an original but all of which taken together shall constitute one and the same Agreement. 

    IN WITNESS WHEREOF, Ticketmaster and Amex have caused this Sponsorship Marketing Agreement to be duly executed effective as of the date
first above written by their respective officers duly authorized. 

	TICKETMASTER CORPORATION	 	AMERICAN EXPRESS TRAVEL

RELATED SERVICES COMPANY, INC.
	

By:	
 	

/s/ JOHN RUSCIN   
	
 	

By:	
 	

/s/ ILLEGIBLE   

	Name:	 	John Ruscin
	 	Name:	 	Lloyd M. Wirshloa

	Title:	 	Executive V.P.
	 	Title:	 	Vice President

	Date:	 	on April 1, 1999
	 	Date:	 	on April 1, 1999

22

 
 

INTERNET SPONSORSHIP ADDENDUM    
  

1.  CERTAIN DEFINITIONS.  

	1.1.
	As
used in this Addendum, the following capitalized terms have the indicated meanings ascribed thereto. Other capitalized terms shall have the meanings ascribed thereto in the
Sponsorship Marketing Agreement executed by the Parties hereto on April 1, 1999 (the "Agreement"): 

	 	 	1.1.1.	 	"Affiliate" shall mean an entity which controls, is controlled by, or is under common control with a party.
	

 	
 	

1.1.2.	
 	

"Amex Content" shall mean
	

 	
 	

 	
 	

1.1.2.1.	
 	

all textual and audiovisual material (including without limitation, all Amex Marks, Calls to Action, text, fonts, designs, graphics, artwork, animation, photographs, video, sound and music) and all programming material (including without limitation,
all HTML, Java, and/or other formatted text files, all related graphics files, animation files, data files, modules, routines and objects, and the computer software and all of the script or program files required to exploit such materials and that
collectively control the display of, and end user interaction with, the Amex Content or the Amex Site) that from time to time during the Term (as defined below) is provided by Amex to be included in and/or comprise the Amex Placements;
and
	

 	
 	

 	
 	

1.1.2.2.	
 	

all such material both in its original form and state and as implemented in the Amex Placements (whether existing as an individual element or in combination (in whole or in part) with other such material), together with all aspects of the design,
structure, organization, presentation and layout thereof in the Amex Placement (including without limitation the user interface, navigational metaphors and stylistic conventions).
	

 	
 	

1.1.3.	
 	

"Amex Mark" shall mean any registered or unregistered trademark, service mark, or trade name owned by Amex or used by Amex pursuant to a license arrangement with the owner or licensee thereof.
	

 	
 	

1.1.4.	
 	

"Amex Placement" shall mean any mutually agreed upon area on the Ticketmaster Sites containing Amex Content.
	

 	
 	

1.1.5.	
 	

"Amex Site" shall mean any site or page on the Internet—including without limitation all English language domestic sites—which is (i) branded with an Amex Mark (including all mirror sites) and (ii) owned and operated solely by, on
behalf of, or for the benefit of Amex and/or any of its Affiliates or subsidiaries.
	

 	
 	

1.1.6.	
 	

"Bridge Page" shall mean one or more Internet pages which are co-branded and jointly designed and agreed upon by the parties hereto, and produced and hosted by Ticketmaster.
	

 	
 	

1.1.7.	
 	

"Call to Action" shall mean the message to a user which communicates that a Link exists and the reason the user should select such Link.
	

 	
 	

1.1.8.	
 	

"Event Calendar" shall mean the page(s) on the Ticketmaster Sites which display(s) a calendar of current and upcoming events. The Event Calendar shall include Internet pages on the Ticketmaster Site which describe only one event.
	

 	
 	

1.1.9.	
 	

"Home Page" shall mean each main portal Internet page owned and operated by Ticketmaster through which users pass to enter the Ticketmaster Site.

	

 	
 	

1.1.10.	
 	

"Internet Promotional Materials" shall mean all marketing, advertising, and promotional materials in all media, created or developed by or on behalf of one of the parties relating to or associated with this Addendum.
	

 	
 	

1.1.11.	
 	

"Link" shall mean a hypertext link located within an Internet site which takes an end user directly to another Internet site, Internet page or service on the Internet.
	

 	
 	

1.1.12.	
 	

"Other Card" shall mean any charge, credit, debit, bank, stored-value, travel or smart card issued by any Competing Credit Card Company.
	

 	
 	

1.1.13.	
 	

"Security Page" shall mean any page on the Ticketmaster Sites that a) may be displayed when a user links from a Call to Action in which the primary message is security oriented or b) has as its primary purpose the communication of the
security measures used to protect transactions completed on the Ticketmaster Sites.
	

 	
 	

1.1.14.	
 	

"Ticketmaster Content" shall mean
	

 	
 	

 	
 	

1.1.14.1.	
 	

all textual, audiovisual, and programming material provided solely by Ticketmaster (including without limitation, all text, fonts, designs, graphics, artwork, animation, photographs, video, sound and music, HTML, Java, and/or other formatted text
files, all related graphics files, animation files, data files, modules, routines and objects, and the computer software and all of the script or program files required to exploit such materials and that collectively control the display of, and end
user interaction with, the Ticketmaster Sites) that from time to time during the Term (as defined below) is included in and/or comprises any Ticketmaster Site; and
	

 	
 	

 	
 	

1.1.14.2.	
 	

all such material both in its original form and state and as implemented on a Ticketmaster Site (whether existing as an individual element or in combination (in whole or in part) with other such material), together with all aspects of the design,
structure, organization, presentation and layout thereof (including without limitation the user interface, navigational metaphors and stylistic conventions).
	

 	
 	

1.1.15.	
 	

"Ticketmaster Mark" shall mean any registered or unregistered trademark, service mark, or trade name owned by Ticketmaster or used by Ticketmaster pursuant to a license arrangement with the owner or licensee thereof.
	

 	
 	

1.1.16.	
 	

"Ticketmaster Sites" shall mean the Internet sites currently located at http://www.ticketmaster.com, http://my.ticketmaster.com, http://www.tm-mall.com, and any successor site thereto or mirror site thereof; provided, that the travel-related services portion of the Ticketmaster Sites currently known as "Ticketmaster Travel" and any successor
area or addition thereto shall be excluded from the Ticketmaster Sites.
	

 	
 	

1.1.17.	
 	

"Transaction Page" shall mean any Internet page on the Ticketmaster Sites where a user of such pages can select the form of payment to complete a purchase transaction with Ticketmaster, its Affiliates or subsidiaries.

2.  INTERNET SPONSORSHIP.  

	2.1.
	Internet Sponsorship.  Subject to the terms and conditions contained herein and in the Agreement, during the Term,
Ticketmaster shall provide Amex with certain marketing and promotional rights as described in this Addendum (collectively, the "Internet Sponsorship"). Ticketmaster shall have no obligation to
incorporate into any portion of the Ticketmaster Sites, any Bridge Page, or any Amex Placement, any reference to any person, entity, Internet 

site,
or service which competes with the event ticketing services, online auction services, or online city guides offered by Ticketmaster or any Affiliate thereof (each, a "Ticketmaster Competitor"),
and Amex shall not provide or incorporate any reference to a Ticketmaster Competitor into any Amex Content. 

	2.2.
	Default Card.  During the Term, Ticketmaster agrees to designate the Amex Card as the default payment method within
the pull down menu on all Transaction Pages such that the Amex Card is the pre-selected method of payment. The form of such designation shall substantially conform with the example set
forth on Exhibit C hereto. In the event Ticketmaster includes Other Card logos within the payment method selection area of Transaction Pages, Ticketmaster will also include an approved Amex logo
within this area as part of the Default Card designation in a size determined by Ticketmaster which is not less than the Other Card logos. 

	 	 	2.2.1.	 	From time to time, Amex may propose to Ticketmaster alternative formats for the Transaction Pages. Ticketmaster agrees to consider use of such alternative format, and may determine whether to accept such format in its sole
discretion.

	2.3.
	Amex Placement Locations.  In addition to Default Card designation, Ticketmaster agrees to provide Amex with one Amex
Placement on each of the Home Page, the Event Calendar Pages, the Bridge Page, the Security Page (if any), the Purchase Confirmation Email (if any), and the Transaction Page. Such Amex Placements
shall appear on such pages during the Term hereof. The Amex Placements on the Home Page and the Event Calendar Pages shall be viewable to users viewing such pages on a screen size of
800 × 600 pixels without having to scroll the screen in any direction. The Parties shall jointly implement an animated (i.e.
"flip" or rotating) Amex Placement on the Home Page only.

	2.4.
	Amex Placement Formats and Size Limitations.  The parties hereto agree to the following formats and size limitations
shall apply to Amex Placement and Calls to Action: 

	 	 	2.4.1.	 	Home Page: Animated graphic or animated graphic with text link format, limited to 55 × 130 pixels and 4 kb
	

 	
 	

2.4.2.	
 	

Event Calendar Page(s): Graphic or graphic with text link format limited to 55 × 130 pixels and 4 kb
	

 	
 	

2.4.3.	
 	

Bridge Page: The entire page will constitute a graphic with text link format placement
	

 	
 	

2.4.4.	
 	

Security Page (if any): Text format limited to 20 words.
	

 	
 	

2.4.5.	
 	

Transaction Page: Graphic or graphic with text limited to 55 × 130 pixels and 4 kb

	2.5.
	Amex Placement Content

	 	 	2.5.1.	 	Amex Mark.  Amex may incorporate into all graphic format Amex Placements an Amex Mark which is in a size, shape and format that conforms with Amex's Internet design policies as
set forth on Exhibit B hereto, unless otherwise agreed by Ticketmaster (the "Amex Logo"). Such Amex Mark shall be in a form reasonably requested by Amex and approved by Ticketmaster.
	

 	
 	

2.5.2.	
 	
Amex as the Ticketmaster Card of Choice.  Amex may promote the Amex Card as the "Ticketmaster Card of Choice" through all graphic format Amex Placements. Such promotion shall
be in a form reasonably requested by Amex and approved by Ticketmaster.

	

 	
 	

2.5.3.	
 	
Call to Action.  Amex may incorporate a Call to Action into each Amex Placement as follows:
	

 	
 	

 	
 	

2.5.3.1.	
 	

The Home Page and Event Calendar Page(s) Amex Placements shall each include a Call to Action relating to Special Relationship Opportunities and other Amex Cardmember benefits.
	

 	
 	

 	
 	

2.5.3.2.	
 	

The Bridge Page Amex Placement shall include Calls to Action relating to Special Relationship Opportunities. In addition to the Amex logo and the "Card of Choice" copy described in Section 2.5.2 hereof, Ticketmaster will include on the Bridge
Page: (a) Amex Content describing Special Relationship Opportunities as agreed to by the Parties, and (b) a Call to Action limited to the text "Discover American Express Online Benefits, click here" or similar language.
	

 	
 	

 	
 	

2.5.3.3.	
 	

In the event Ticketmaster implements a Security Page, the Security Page Amex Placement shall include a Call to Action with Link to content relating to certain Amex assurances for purchases made with the Amex Card. Content of such Call to Action and
content linked to shall be subject to Ticketmaster's prior approval. Set forth on Exhibit E hereto is a current representation of the Call to Action and type of assurances Amex desires to promote on the Ticketmaster Sites. Any changes to such
assurances as posted on the Ticketmaster Sites shall be subject to Ticketmaster's prior approval.
	

 	
 	

 	
 	

2.5.3.4.	
 	

The Transaction Page Amex Placement shall include an Annex Placement subject to Ticketmaster's prior approval, provided that such Amex Placement will not be in the form of a Call to Action or any Link leading away from the Transaction Page. Such Amex
Placement will be in the form set forth on the Transaction Page mock-up provided in Exhibit C to this Addendum.
	

 	
 	

2.5.4.	
 	
Links.  At all times during the Term, Amex may incorporate a Link into each Amex Placement as follows:
	

 	
 	

 	
 	

2.5.4.1.	
 	

The Home Page Amex Placement and Event Calendar Page(s) Amex Placement shall each contain a Link to a Bridge Page.
	

 	
 	

 	
 	

2.5.4.2.	
 	

Bridge Pages may contain Links to Internet pages on the Amex Site related to a Call to Action.
	

 	
 	

 	
 	

2.5.4.3.	
 	

In the event Ticketmaster implements a Security Page, the Security Page Amex Placement shall contain a Link to a Bridge Page. In the event Ticketmaster implements a Purchase Confirmation Email, the Purchase Confirmation Email shall contain a Link to
a Bridge Page.

	2.6.
	Bridge Page.  The parties hereto agree that the Special Relationship Opportunities shall be promoted on a Bridge Page
at all times that a Special Relationship Opportunity is being promoted during the Term. 

	 	 	2.6.1.	 	Security and Purchase Protection.  During the Term, Ticketmaster agrees to allow Amex to promote on a Bridge Page certain assurances with respect to the use of the Amex Card on
the Internet. Set forth on Exhibit E hereto is a current representation of the type of assurances Amex desires to promote on the Ticketmaster Sites. Any changes to such assurances as posted on the Ticketmaster Sites shall be subject to
Ticketmaster's prior approval.

	2.7.
	Third Party Server.  Ticketmaster may host, serve, and track graphic format placements using a third party server of
Ticketmaster's choice, including without limitation NetGravity. Ticketmaster agrees to make available to Amex the reports set forth in Section 5.1 of this Addendum, including any reports
generated by a third-party server with respect to the Amex Placements.

	2.8.
	Amex Placement Examples.  The parties hereto agree that Exhibit C represents allowable examples of format and
content for the Amex Placements. Amex may propose alternative formats and content which are consistent with the examples set forth in Exhibit C, which formats and content may be used subject to
Ticketmaster's reasonable discretion.

	2.9.
	Purchase Confirmation E-Mail.  During the Term, Ticketmaster may determine to commence a program whereby
any customer who completes an Internet purchase transaction on the Ticketmaster Sites receives an electronic mark communication from Ticketmaster ("Purchase Confirmation E-Mail"). Such
communication may include confirmation of such transaction with order and shipping information. If and when Ticketmaster commences such program, Ticketmaster agrees to include an Amex Placement within
such Purchase Confirmation E-Mail that includes the following: (i) reference to Amex as "Ticketmaster Card of Choice", and (ii) a Call to Action of no more than thirty
(30) words related to Special Relationship Opportunities or Amex Cardmember Benefits. In the event that Ticketmaster provides graphic placements on Purchase Confirmation E-Mails in
the ordinary course of business, Ticketmaster shall provide graphic placements for Amex on such Purchase Confirmation E-Mails on an exclusive basis for credit cards only.

	2.10.
	Location of Ticket Sales.  Ticketmaster agrees that it will sell tickets to events only on the Ticketmaster Sites,
and not on any Internet site other than the Ticketmaster Sites. 

3.  eWALLET.  

	3.1.
	If,
during the Term, Ticketmaster develops or licenses the capability to store, in a secure environment, a customer's billing information for use by such customer at the
Ticketmaster Sites from
time to time to complete purchase transactions on the Ticketmaster Sites, Ticketmaster agrees to provide Amex with an opportunity to make the Amex Cards compatible with such eWallet Capability. 

4.  PRESERVATION OF PROMOTIONAL VALUE.  

	4.1.
	[XXX
CONFIDENTIAL TREATMENT REQUESTED] 

	 	 	4.1.1.	 	[XXX CONFIDENTIAL TREATMENT REQUESTED]
	

 	
 	

4.1.2.	
 	

Furthermore, the foregoing shall not be construed to prevent Ticketmaster from designating any Other Card as a method of payment within the Ticketmaster Sites.
	

 	
 	

4.1.3.	
 	

The foregoing shall not be construed to prevent Ticketmaster from displaying any "Competing credit card company" logo on the Transaction Page at the point of purchase and in a size no larger than the Amex Card logo.

	4.2.
	The
parties acknowledge that the format and layout of the Ticketmaster Sites may, in Ticketmaster's sole discretion, change or be added to from time to time during Term. The Home
Page, Event Calendar Page(s), Security Pages (if any) and Transaction Pages may, in the course of such changes or additions, be removed, added or revised. To the extent Ticketmaster makes any changes,
deletions or additions to the Ticketmaster Sites which materially diminishes the promotional value of the Amex Placements, then Ticketmaster 

agrees
to provide Amex with an alternative promotional opportunity to replace the value that was lost as a result of such changes. 

	 	 	4.2.1.	 	The parties agree that in determining the "promotional value" or "promotional opportunity", as described in Section 4.2 of this Addendum, the parties shall, take into consideration features such as the number of unique
users of the Ticketmaster Sites who view the Amex Placement, the number of times an Amex Placement is displayed to such users, and the quality and nature of the Amex Placement.

5.  REPORTS.  

	5.1.
	Ticketmaster
will deliver to Amex on a quarterly basis the following information, including to the extent such information is provided by means of a third party server pursuant to
Section 2.7 of this Addendum: a) Ticketmaster online Charges (quantity and total dollars) made by Amex Cardmembers broken out by commerce category (for instance event tickets,
merchandise, and travel), b) Ticketmaster online Charges (quantity and dollars) made by Amex Cardmembers as a percentage of total Ticketmaster online Charges broken out by commerce category,
c) total number of times each Home Page is displayed to users, d) total number of times each Amex Placement is displayed to users, e) total number of times users respond to an
Amex Placement Call to Action by Linking from the Placement to another Internet site, page or service. 

6.  REPRESENTATIONS, WARRANTIES & COVENANTS.  

	6.1.
	Ticketmaster
represents, warrants and covenants to Amex that the Ticketmaster Sites (excluding all Amex Content and all software or content provided by third parties): 

	 	 	6.1.1.	 	subject to Ticketmaster scheduled and reasonable maintenance, shall be fully and continuously accessible to Internet users by means of the World Wide Web for at least 95% of each calendar month; and
	

 	
 	

6.1.2.	
 	

shall operate and be compatible with generally available versions of the following browsers: Netscape and Microsoft Internet Explorer.

	6.2.
	Ticketmaster
acknowledges that Amex's performance of its obligations hereunder must comply with Amex's internal policies relating to privacy of customer data. Attached hereto as
Exhibit D is a copy of Amex's Internet privacy policies in effect on the date hereof.

	6.3.
	EXCEPT
AS EXPRESSLY PROVIDED HEREIN, AMEX HEREBY ACKNOWLEDGES AND AGREES THAT THE TICKETMASTER SITES, INCLUDING BUT NOT LIMITED TO THE TRANSACTION PAGE(S), EVENT PAGE(S), BRIDGE
PAGE(S) AND HOME PAGE(S) (THE "TICKETMASTER SITES AND PAGES"), ARE BEING PROVIDED TO AMEX AND END USERS "AS IS, WITH ALL FAULTS," AND THAT TICKETMASTER MAKES NO OTHER
REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED, AS TO THE USEFULNESS, ACCURACY, COMPLETENESS, FEASIBILITY, RELIABILITY OR EFFECTIVENESS OF THE TICKETMASTER SITES AND PAGES, OR THAT THE OPERATION OF
THE TICKETMASTER SITES AND PAGES WILL BE UNINTERRUPTED OR ERROR-FREE.

	6.4.
	EXCEPT
AS SPECIFICALLY PROVIDED IN THIS ADDENDUM, THERE ARE NO OTHER WARRANTIES, EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, ANY IMPLIED WARRANTY OF MERCHANTABILITY OR
FITNESS FOR A PARTICULAR PURPOSE IN RESPECT TO THE TICKETMASTER SITE. 

7.  PRODUCTION SCHEDULE.  

	7.1.
	Ticketmaster
will implement all Amex Content on the applicable portion of the Ticketmaster Sites within sixty (60) days of receipt of such Amex Content, provided that such
Amex Content is supplied in the format(s) reasonably requested by Ticketmaster and otherwise complies with the terms and conditions set forth in this Addendum and the Exhibits hereto. 

8.  PROJECT LIAISONS.  

	8.1.
	The
parties hereto agree to designate from time to time "Project Liaisons" for the purposes of providing a day to day contact for the management of the respective obligations of
the parties under this Addendum and relating to the Online Sponsorship. Such Project Liaisons designees may be changed at any time by either party hereto provided such party provides written notice of
such change to the other party. As of the date of the Agreement. Amex designates Caroline Gilbert as its Project Liaison and Ticketmaster designates Robert Perkins as its Project Liaison. 

9.  APPROVALS.  

	9.1.
	Ticketmaster Approval.  Except as otherwise provided in this Addendum or the Agreement, Ticketmaster shall have the
sole and absolute right of approval over all Ticketmaster Internet Promotional Materials, over the location and appearance of every Ticketmaster Mark, and each and every representation thereof, which
approval shall be exercised in Ticketmaster's sole discretion; provided however, the foregoing shall not be deemed to limit Ticketmaster's obligations under Section 4 of this Addendum. In no
event shall Amex use any Internet Promotional Materials or any Ticketmaster Marks until Amex has received such approval from Ticketmaster in writing, nor shall Amex use any such items in any form or
manner other than as specifically approved by Ticketmaster. Amex recognizes that Ticketmaster shall exercise its sole discretion hereunder in all instances to maintain Ticketmaster's high standards
and good image and reputation. Ticketmaster shall endeavor to provide its approvals or disapprovals hereunder within five (5) business days after receipt of the applicable material from Amex.
Failure by Ticketmaster to provide any approval hereunder within fifteen (15) business days after receipt of the applicable material from Amex shall be deemed Ticketmaster's disapproval.

	9.2.
	Amex Approval.  Except as otherwise provided in this Addendum or the Agreement, Amex shall have the sole and absolute
right of approval over all Amex Internet Promotional Materials, over the location and appearance of the Amex Mark within the Amex Site or the Bridge Pages, over each and every use of every Amex Mark,
and each and every representation thereof, which approval shall be exercised in Amex's sole discretion. In no event shall Ticketmaster use any Amex Internet Promotional Materials, the Amex Logo, or
any Amex Marks until Ticketmaster has received such approval from Amex in writing, nor shall Ticketmaster use any such items in any form or manner other than that approved by Amex. Ticketmaster
recognizes that Amex shall exercise its discretion hereunder in all instances to maintain Amex's high standards and good image and reputation. Amex shall endeavor to provide its approvals or
disapprovals hereunder within five (5) business days after receipt of the applicable material from Ticketmaster. Failure by Amex to provide any approval hereunder within 15 business days after
receipt of the applicable material from Ticketmaster shall be deemed Amex's disapproval. 

10. INDEMNIFICATION FOR INTELLECTUAL PROPERTY INFRINGEMENT.  

	10.1.
	Ticketmaster
agrees to defend and/or handle at its own expense, any third-party claim or action against Amex or its Affiliates (including without limitation, its parent,
subsidiaries, officers and directors) for any actual or alleged infringement of any patents, trademarks, service marks, copyrights, misappropriation of trade secrets or any similar proprietary 

rights,
based upon any page of the Ticketmaster Sites which displays or comprises an Amex Placement (i.e., the Security Page (if any), the Home Page,
the Event Calendar Page(s), and the Bridge Page (excluding the Amex Content provided in connection with such pages). Ticketmaster further agrees to
indemnify and hold Amex and its Affiliates harmless from and against any and all liabilities, losses, costs, damages and expenses (including reasonable attorneys' fees) associated with any such claim
or action. Ticketmaster shall have the sole right to conduct the defense of any such claim or action and all negotiations for its settlement or compromise, unless otherwise mutually agreed to in
writing. 

	 	 	10.1.1.	 	If any portion of the Ticketmaster Content as implemented on the Ticketmaster Sites becomes, or in Ticketmaster's opinion is likely to become, the subject of any third-party claim or action as described in
subsection 10.1 above, then, Ticketmaster, at its sole option and expense may either, as Amex's sole remedy with regard to such claim or action: (i) procure for Amex the right to continue using same as contemplated hereunder;
(ii) modify same to render same non-infringing (provided such modification does not adversely affect the use of the Ticketmaster Sites as contemplated hereunder); or (iii) to Amex's satisfaction, replace same with equally suitable,
functionally equivalent, compatible, non-infringing products, materials or services.

	10.2.
	Amex
agrees to defend and/or handle at its own expense, any third-party claim or action against Ticketmaster or its Affiliates (including without limitation, its parent,
subsidiaries, officers and directors) for any actual or alleged infringement of any patents, trademarks, service marks, copyrights, misappropriation of trade secrets, or any similar proprietary
rights, based upon the Amex Site, Amex Content or any portion thereof furnished or utilized by Amex or based on Ticketmaster's use thereof. Amex further agrees to indemnify and hold Ticketmaster and
its Affiliates harmless from and against any and all liabilities, losses, costs, damages and expenses (including reasonable attorneys' fees) associated with any such claim or action. Amex shall have
the sole right to conduct the defense of any such claim or action and all negotiations for its settlement. 

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Information marked [XXX CONFIDENTIAL TREATMENT REQUESTED] has been omitted pursuant to a request for confidential treatment. Such omitted information has been filed separately with the Securities and Exchange
Commission.

SPONSORSHIP MARKETING AGREEMENT

INTERNET SPONSORSHIP ADDENDUMPrepared by MERRILL CORPORATION

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Exhibit 10.5  

 
 

AMENDMENT TO LICENSE AGREEMENT    
  

    THIS AMENDMENT TO LICENSE AGREEMENT ("Amendment") is entered into this      day of August, 1999, by and between Ticketmaster Corporation
("Ticketmaster") and Ticketmaster Group Limited Partnership ("User"), with reference to the following facts: 

    A.  Ticketmaster
and User entered into that certain License Agreement dated as of May 23, 1991 ("License Agreement"), whereby Ticketmaster granted User an
exclusive license and right to use the Ticketmaster System, name, logo and Mark in connection with User's computerized event ticketing business in the Market Area upon the terms and conditions set
forth in the License Agreement. 

    B.  Ticketmaster
and User hereby desire to amend the License Agreement in certain respects as set forth herein. 

    NOW,
THEREFORE, in consideration of the mutual promises and covenants set forth herein, the parties hereby agree as follows: 

    1.  Defined Term(s).  For purposes of the License Agreement, as hereby amended, the following terms shall
have the meanings set forth below: 

    "System"
means and includes any software or hardware or combination thereof which is owned or controlled by, or licensed to or otherwise authorized for use by, Ticketmaster in
connection with a computer based system for distributing tickets used in the United States, including related procedures established and maintained by Ticketmaster for the purpose of voice and data
communications or selling, accounting, auditing or controlling the sale of tickets for events. 

    "TM
System User" means and includes any person, sole proprietorship, partnership corporation, joint venture or other legal entity (other than Ticketmaster) operating the System within
the United States. Any such entity may be wholly owned or controlled by Ticketmaster, partially owned, a joint venture or independent of Ticketmaster. 

    All
other capitalized terms used and not otherwise defined herein shall have the meanings ascribed to them in the License Agreement. 

    2.  Condition to Effectiveness.  This Amendment shall not be effective unless and until the parties have
entered into and executed a definitive settlement and release agreement with respect to claims asserted in and related to that certain lawsuit entitled Ticketmaster Group
Limited Partnership v. Ticketmaster Corporation (and related counterclaim), USDC Case No. 97 C2337, filed on or about April 4, 1997 in United States District
Court for the Northern District of Illinois, and the Court shall have entered a final non-appealable Order dismissing the lawsuit with prejudice. The "Effective Date" of this Amendment
shall be the same date as the Effective Date of the Settlement Agreement being executed concurrently herewith, as defined in paragraph 4 thereof. 

    3.  Additional Payments.  Effective as of September 1, 1997, each of the Per Ticket Amounts set
forth in the table in Section 4 of the License Agreement shall be increased by an amount equal to $0.02. The amount of the Additional Payment for each applicable period since
September 1, 1997 shall be recalculated based upon such increase in the Per Ticket Amounts, and the additional amount due through July 31, 1999, shall be paid by User to Ticketmaster no
later than five days subsequent to the Effective Date. All Additional Payments resulting from such $0.02 increase to the Per Ticket Amount shall be in consideration of the settlement of the litigation
referred to in Section 2 above and Ticketmaster's agreement to permit User to continue to have the right and license to use the Mark within the Market Area in accordance with the provisions of
the License Agreement, as amended hereby. 

 

    4.  Upgrades.  Sections 12(b), 12(c), 12(d) and 12(e) of the License Agreement are hereby deleted in
their entirety and the following are hereby substituted in lieu thereof: 

    (a) Ticketmaster
shall provide to User during the term of this Agreement, at no additional cost to User (except as set forth in Section 12(e) below) and at the
request of User, any software used on, in connection with or as any part of any System operated or used in the United States by Ticketmaster or any TM System User. Such software shall include, without
limitation, enhancements, upgrades to the System's operating software, new software products (including, by way of example only, "FANTm" and "IVR") and software embedded in or part of any hardware.
Notwithstanding the foregoing, Ticketmaster shall have no obligation to provide User with (i) the beta versions of any software, or
developmental or experimental software, whether or not in use by Ticketmaster or any TM System User in connection with any System or (ii) software developed for special events or attractions
(including, by way of example only, the Olympics) and which is not practical for day-to-day use because of its complexity or unique purpose and may not be cost effective for
day-to-day use, or which for other economic reasons is not made generally available to TM System Users outside of the scope of a single use special event application and
therefore does not become a permanent part of the System. Notwithstanding the foregoing, User shall have the right to such special event software pursuant to the terms of this Section 12(b)
should a comparable special event (i.e., the Summer Olympics occurs in the Washington/Baltimore region) be held in the Market Area. 

    (b) If,
at any time during the term of this Agreement, User shall receive an upgrade to or improved version of the software used in the System, the implementation of
which would require a conversion of User's database, Ticketmaster shall, upon User's request, promptly effect such conversion on behalf of User and shall bill User for such efforts in accordance with
Section 12(e) below. 

    (c) In
the event that User shall, at any time during the term of this Agreement, request that Ticketmaster develop custom enhancements to the System to meet certain
specific performance criteria reasonably requested by User, Ticketmaster shall use reasonable efforts to cause such custom enhancements to be developed by its programmers in consideration of the
payment by User to Ticketmaster of the costs set forth in Section 12(e) below. 

    (d) User
shall be responsible for the direct and actual out-of-pocket costs incurred by Ticketmaster in installing any provided software and
training User's personnel in the using of provided software under Section 12(b), converting User's database under Section 12(c), and developing custom enhancements under
Section 12(d). Such direct and actual out-of-pocket costs shall include transportation and lodging and actual hourly personnel costs, but shall not include overhead,
miscellaneous administrative costs and other similar indirect costs. Pursuant to Section 14 of this Agreement, User shall also be responsible for the costs of any and all hardware used by User
in connection with any software provided under this Section 12, including, without limitation, all direct and actual costs for the installation of such hardware. 

In
addition, the second and third sentences of Section 8 of the License Agreement are hereby deleted in their entirety, it being the intent of the parties that User shall have access throughout
the Term of the License Agreement to the most current technology available from Ticketmaster for use in connection with the System, and that Ticketmaster shall make available to User hardware and
software such that User will have the ability to operate a system having performance capabilities equal to those of any other TM System User. 

2

 

    5.  Cooperation and Support.  Section 12 of the License Agreement is hereby amended to add the
following to the end of such Section: 

    (a) At
Ticketmaster's request, User shall cooperate with Ticketmaster and utilize reasonable efforts to participate in Ticketmaster promotional campaigns, tours, events
or other programs which are conducted on a national or regional basis. Ticketmaster shall use its reasonable efforts to offer User the opportunity to participate fully in all such promotional
campaigns, tours or other programs which involve the Market Area. In the event that User shall agree, in writing, to participate fully in any such program designated by Ticketmaster, then User shall
receive a share of revenues received by Ticketmaster (after deduction of actual costs to Ticketmaster regarding the establishment of the program, including, without limitation, legal fees, but
exclusive of administrative costs) for its participation in such programs that is reasonably proportionate to User's participation, or a share of compensation that is otherwise mutually agreeable to
the parties. 

    (b) With
User's prior consent, Ticketmaster and/or a TM System User may sell tickets to events located or to take place within the Market Area and, with Ticketmaster's
prior consent (or that of the TM System User in the relevant geographic area), User may sell tickets to events located or to take place outside of the Market Area, in which event revenue due each
party shall be calculated taking the per ticket gross revenue received in excess of the ticket face price (expressly excluding any revenue derived from handling charges), reducing such gross revenue
by direct actual sales costs such as (but not necessarily limited to) credit card processing fees and venue and promoter rebates and royalties, and splitting the resulting net revenue equally between
the parties, unless the parties shall mutually agree to a different revenue distribution. User shall not receive a share of revenues as contemplated by the immediately preceding sentence for special
events covered by Section 5 of this Agreement. 

    (c) Ticketmaster
shall utilize reasonable efforts to permit User to participate in (A) Ticketmaster's periodic national technology support conference calls and
meetings to the extent that those calls and meetings take place, subject to Ticketmaster's right to exclude User in order to protect attorney/client privileged communications or confidential or
proprietary information, and (B) conference calls and meetings concerning national or regional promotional, marketing, sales or similar campaigns in which User has agreed to participate to the
extent that those calls and meetings take place. Ticketmaster shall also provide User with appropriate documents relative to the administration of any such campaign in which User has agreed to
participate. 

    6.  Internet Sales.  Ticketmaster and/or Ticketmaster Online-City Search shall integrate
User's ticket sales information and ticket sales transaction processing onto Ticketmaster's Internet web site (currently known as "ticketmaster.com") (the "Web Site"), and shall enable User and its
clients to sell tickets through the Web Site in the same manner as other TM System Users, it being agreed and understood that Ticketmaster will use reasonable efforts, with User's cooperation, to
perform its obligations pursuant to this sentence within ten days after the date of this Amendment. User agrees to reimburse Ticketmaster and/or Ticketmaster Online-City Search for all
out-of-pocket expenses incurred in connection with making such access to the Web Site available to User, in accordance with Section 12(e) of the License Agreement, as
amended. In addition to any other payments due to Ticketmaster under the License Agreement, as amended hereby, and in consideration of Ticketmaster and/or Ticketmaster Online-City Search
making the Web Site available to User as aforesaid, User shall pay Ticketmaster an amount equal to $0.25 per ticket for each ticket sold by User through the Web Site. Such payments
shall constitute Additional Payments as defined in Section 4 of the License Agreement, as amended hereby. Upon completion of Ticketmaster's performance of its obligations pursuant to the first
sentence of this Section 6, User shall promptly discontinue the provision of ticket 

3

 

and merchandise sales information and services on that certain web site currently known as "ticketmasterwb.com". 

    7.  Equipment.  Section 14 of the License Agreement is hereby deleted in its entirety and the
following is substituted in lieu thereof: 

    During
the term of this Agreement, User shall have the right to purchase from Ticketmaster or from any entity owned or controlled by Ticketmaster (i) any hardware, computer
equipment, voice or data communications equipment or other equipment developed or manufactured by Ticketmaster or any entity owned or controlled by Ticketmaster, or (ii) any third party
hardware or equipment offered for sale by Ticketmaster or any entity owned or controlled by Ticketmaster, where such hardware or equipment shall be used by User on or in connection with the System.
The obligations of this paragraph shall extend to all upgrades, advances or other technological improvements, but Ticketmaster shall have no obligation to sell to User developmental or experimental
hardware or equipment, whether or not in use by Ticketmaster or any TM System User in connection with the System. The cost to User of any such provided hardware or equipment sold hereunder shall be
(i) 150% of Ticketmaster's direct and actual cost for Ticketmaster developed or manufactured hardware or equipment or (ii) 110% of Ticketmaster's cost for hardware and equipment
developed or manufactured by third parties. If requested by User, Ticketmaster shall assist User with the installation, start-up, initial use and training on the use of said hardware and
equipment. User shall reimburse Ticketmaster for the cost of delivering, installing, starting up and training User in the operation of such hardware and equipment in accordance with
Section 12(e) of this Agreement. 

    8.  Non System-Related Software.  The provisions of Section 12(b) of the License Agreement, as
amended hereby, shall not apply to software owned or licensed by Ticketmaster or any entity owned or controlled by Ticketmaster that does not work with or rely on a connection (either periodic or
continuous) to the System for proper operation and which are offered by Ticketmaster or such other entity for sale or license to third parties (the "Non System-Related Software"). Examples of software
falling within the scope of Section 12(b) of the License Agreement, as amended hereby (and not within the scope of this Section 8), include, without limitation, bar coding (e.g., FANTm),
IVR voice response units, ticket sales kiosks, credit card authorization, client settlement and similar accounting programs, PCI, disaster recovery programs, VRun reports, offline archiving of
accounts, niterun, TMWIN99 or similar Systems communications software and fraud programs. Examples of software falling outside of the scope of Section 12(b) of the License Agreement, as amended
hereby (and within the scope of this Section 8), include Archtics season ticketing software and Foxman's FanTracker. Solely as a means of further illustrating the intent of the parties, should
Ticketmaster acquire the rights to software sometimes known as Paceolan, the Paceolan software would be covered by this Section 8 and not by Section 12(b) of the License Agreement, as
amended hereby, but any interface developed by Ticketmaster to connect the system to the Paceolan software would be covered by Section 12(b), as
amended hereby. User shall have the right to license (if licensing is offered as an option) or purchase (if purchasing is offered as an option) any and all of such Non System-Related Software from
Ticketmaster or such entity owned or controlled by Ticketmaster for sublicense or sale to User's clients. The cost to User of any such Non System-Related Software shall be equal to the lowest
generally prevailing fee charged from time to time to clients by Ticketmaster or such entity owned or controlled by Ticketmaster for such Non Systems-Related Software, it being agreed and understood
that User may determine, in its sole discretion, the amount to be charged to User's clients with respect to the sublicense or sale of such Non Systems-Related Software to those clients. It is further
agreed and understood that User shall pay a separate fee to Ticketmaster each time that the Non Systems-Related Software is sublicensed or sold by User to a client (e.g., if the Archtics season
ticketing software is sublicensed or sold by User to ten venues, User shall pay Ticketmaster the applicable fee times ten). No later than five days subsequent to the Effective Date, User shall pay
$50,000 to Ticketmaster, being 

4

 

the fee payable with respect to the license by User of the Archtics season ticketing software to be sublicensed by User to the Baltimore Orioles. Notwithstanding the foregoing, such $50,000 license
payment shall not be applicable for the use of the Archtics season ticketing software, alone or through User's System, by the Washington Redskins or the Baltimore Ravens National Football League
football teams or their respective successors or assigns inasmuch as the purchase of the Archtics use license by those entities occurred prior to the acquisition of Distributed Systems Architects,
Inc/Archtics by Ticketmaster. 

    9.  Use of Ticketmaster Facilities.  

    (a) Except
as otherwise provided in Section 9(b), if Ticketmaster's or its affiliates' facilities are to be used by User in connection with any software provided
by Ticketmaster to User pursuant to the License Agreement, as amended hereby, then User shall pay to Ticketmaster or its affiliates, as applicable, such amounts as may be required by Sections 12(e)
and 14 of the License Agreement, as amended hereby, together with an amount that reflects User's proportionate share of costs of the use of the facility not otherwise covered by said Sections 12(e)
and 14. 

    (b) User
shall have access to and use of Ticketmaster's disaster recovery facility (the "Facility"), currently located at Ticketmaster's Detroit data center, which
access and use shall be pursuant to such guidelines as Ticketmaster may reasonably establish for all similar Facility users. In consideration of such access to and use of the Facility, User shall pay
Ticketmaster a fee of $40,000 for the first year of User's access to and use of the Facility (which year shall commence as of the date of User's access to the Facility) and $36,000 for each subsequent
year of access to and use of the Facility, payable in full, for each applicable year, no later than 30 days after the commencement of such year, plus any direct and actual
out-of-pocket costs incurred by Ticketmaster in training User's personnel at User's offices relative to the use of the Facility. In addition to the foregoing, User shall be
responsible for the cost of necessary data communication equipment upgrades made by Ticketmaster on behalf of User (as determined pursuant to Section 14 of the License Agreement, as amended
hereby); a proportionate share of future data communication cost increases related to the operation of the Facility; and, the installation and operational costs of the data communications line
necessary to transmit User's System data to the Facility. The Facility shall receive and save a continuous stream of User's System data
during all of User's operating hours. In the event that User's System fails, for whatever reason, the Facility shall have the capability of regenerating User's then-current System database
onto hardware installed at the Facility, and coming online through dial-up or other data communications to User's clients, outlets, phonerooms and administrative offices, to provide
continuing ticket sales and other ticketing functions until full use of User's System is restored. 

    10.  Consent to Transfer.  Ticketmaster hereby consents to the transfer of Centre Group Limited
Partnership's interest in User to Washington Sports & Entertainment Limited Partnership (or to a wholly-owned subsidiary of Washington Sports & Entertainment Limited Partnership if such
subsidiary agrees in writing to be bound by the terms and conditions of Section 16 of the License Agreement); provided, however, that such transfer is consummated by December 31, 1999
and written verification of such transfer is received by Ticketmaster by January 15, 2000. Said transfer, if consummated, shall have no impact on the parties' respective rights and obligations
under the License Agreement or this Amendment, and User shall remain liable for all of User's duties and obligations thereunder and hereunder. By its execution of this Amendment in the space provided
below, Washington Sports & Entertainment Limited Partnership agrees to be bound by the terms and conditions of Section 16 of the License Agreement if such transfer to Washington
Sports & Entertainment Limited Partnership is consummated. User represents that Washington Sports & Entertainment Limited Partnership is under common control with Centre Group Limited
Partnership, and prior to the Effective Date User has provided Ticketmaster with a letter outlining the identity of and relationship between the transferor and the transferee. 

5

 

    11.  Remedies.  The intent of the parties is to cooperate to advance their mutual interests, and to
reduce the likelihood of future disputes. To that end, the parties amend as follows those provisions of the License Agreement outlining their respective rights and remedies in the event of a breach or
default (including, without limitation, those governing termination). Except for the provisions of Sections 10, 11(a)(i) and (ii), 11(b), (11(c) and 11(d) of the License Agreement, which remain
in full force and effect, in the event of any breach or alleged breach of the License Agreement, the complaining party shall give the other written notice of the alleged breach and, if curable, of the
proposed remedy or cure. The defaulting party shall remedy said breach within seven days or (solely with respect to a breach other than a failure to pay when due amounts owing to Ticketmaster under
the License Agreement) such longer period as may be reasonably required to effectuate such remedy so long as remedial action is commenced within such seven-day period and is actively and
diligently pursued to completion. Except as set forth in Sections 10, 11(a)(i) and (ii), 11(b), 11(c) and 11(d) of the License Agreement, no breach shall justify termination of the License
Agreement unless there has been a material and substantial non-performance or other breach of the License Agreement. 

    12.  Use of the System:  In the event that the System is, at any time during the term of the License
Agreement, being operated by Ticketmaster or a TM System User outside of the Market Area in connection with any independent or third-party computer system (other than any such connection which is in
the developmental, experimental or testing stage), then Ticketmaster will authorize User (at no additional charge to User by Ticketmaster solely to provide such authorization) to operate the System
within the Market Area in connection with such independent or third-party computer system (if
permitted by such independent or third-party provider) in the same manner as being operated by Ticketmaster or such TM System User. By way of example only: 

If
a theater uses the Paceolan ticketing system to sell season tickets and walk up box office tickets, and interfaces the Paceolan system to a TM System User's System, so that ticket inventory can be
transferred back and forth between the two systems to permit the sale of telephone, outlet, or internet sales on the TM System User's System, then User shall be permitted that use. 

    13.  Representations and Warranties.  Each party represents and warrants that (i) it has full and
exclusive power and authority to enter into and be bound by this Amendment and that the person executing this Amendment on behalf of such party is duly authorized to do so, and (ii) this
Amendment is a duly authorized, valid and binding agreement of such party, enforceable against such party in accordance with its terms. 

    14.  Notices.  Section 22 of the License Agreement is amended to change the addresses for notice
to the following: 

	

If to Ticketmaster, to:	
 	

Ticketmaster Corporation

3701 Wilshire Blvd., 9th Floor

Los Angeles, CA 90010

Attn: Terry Barnes, President and CEO,

and Daniel R. Goodman, Executive V.P.

and General Counsel
	

With a copy to:	
 	

Neal, Gerber & Eisenberg

Two North LaSalle Street

Suite 2100

Chicago, Illinois 60602

Attn: Norman J. Gantz

6

 

	

If to User, to:	
 	

Ticketmaster Group Limited Partnership

c/o AP Tickets, Inc.

One Harry S. Truman Drive

Landover, Maryland 20785

Attn: Abe Pollin

Paul d'Eustachio
	

With a copy to:	
 	

Arent Fox Kintner Plotkin & Kahn, PLLC

1050 Connecticut Avenue, N.W.

Washington, D.C. 20036-5339

Attn: David M. Osnos

    15.  Conflicting Terms.  In the event a conflict arises between this Amendment and the terms and
conditions of the License Agreement, the terms and conditions of this Amendment shall control. Except as specifically set forth herein to the contrary, all of the terms and conditions of the License
Agreement are in full force and effect, shall continue in full force and effect throughout the term and are hereby ratified and confirmed by the parties. 

    16.  Counterparts.  This Amendment may be executed and delivered in multiple counterparts, each of which,
when so executed and delivered, shall be an original, but such counterparts shall together constitute but one and the same instrument. 

    IN
WITNESS WHEREOF, the parties have executed this Amendment as of the date first written above. 

	TICKETMASTER CORPORATION,	 	TICKETMASTER GROUP LIMITED PARTNERSHIP, an Illinois corporation a Maryland limited partnership
	

 	
 	

 	
 	

By:	
 	

AP Tickets, Inc., its sole General Partner
	

By:	
 	

	
 	

By:	
 	

_________________________________

Paul d'Eustachio
	

Title:	
 	

	
 	

Title:	
 	

_________________________________

President
	

AGREED TO AS OF THE DATE HEREOF FOR PURPOSES OF SECTION 10.	
 	

 	
 	

 
	

WASHINGTON SPORTS & ENTERTAINMENT LIMITED PARTNERSHIP	
 	

 	
 	

 
	

By:	
 	

	
 	

 	
 	

 
	

Title:	
 	

	
 	

 	
 	

 

7

 
 

LICENSE AGREEMENT    
  

    THIS AGREEMENT is made and entered into as of the 23rd day of May, 1991, by and between Ticketmaster Corporation, an Illinois corporation ("Ticketmaster"), and
Ticketmaster Group Limited Partnership, a Maryland limited partnership ("User"). 

 
 

WITNESSETH:    
  

    WHEREAS, Ticketmaster is the owner of certain software systems, accounting procedures and know-how which, in the aggregate, comprise a computerized event
ticketing system (the "System"); and 

    WHEREAS,
Ticketmaster is the owner of and/or claims ownership rights to the name, mark and logo "Ticketmaster" (the "Mark"), which Mark is used in conjunction and identified with the
System; and 

    WHEREAS,
the System and the Mark are known within the computerized ticketing industry and by the public as connoting a high level of quality and service; and 

    WHEREAS,
User desires to be granted a license by Ticketmaster to use the System and the Mark in connection with User's computerized event ticketing business in the territory described
in Exhibit I attached hereto (the "Market Area"); 

    NOW,
THEREFORE, in consideration of the premises and the mutual covenants herein contained and for other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto hereby agree as follows: 

    1.  License.  Ticketmaster hereby grants to User an exclusive right and license to use the System and
(solely in connection with the System and the provision of computerized ticketing services) the Mark within the Market Area; subject to the rights retained by Ticketmaster in accordance with Section 5
hereof. 

    User
hereby acknowledges that the System and the name "Ticketmaster" are highly regarded in the computerized ticketing industry and by the public, and that Ticketmaster deems it
important that all persons using the System or such name operate in a manner consistent with good business practice. Accordingly, User agrees to operate its business in a manner that will not
negatively affect the reputation of the System or the Ticketmaster name, including, without limitation thereby, the prompt settlement of accounts and the honoring of all bona fide obligations. 

    Ticketmaster
further assigns all of its right, title and interest in and to those certain agreements described on Exhibit II attached hereto to User, it being agreed and understood
that (i) such agreements are assigned by Ticketmaster to User as is, and without any representations and warranties whatsoever, and (ii) User shall indemnify and hold Ticketmaster and its officers,
directors, employees, agents, representatives, affiliates, shareholders, successors and assigns harmless from and against any and all losses, claims, damages, liabilities, costs and expenses
(including, without limitation, reasonable attorneys fees) arising from or related to such agreements and to the performance thereof by User at any time from and after the date hereof. 

    2.  Term.  The initial term of this Agreement and the license granted hereby shall commence on the date
hereof, and shall remain in force, unless terminated earlier in accordance with the provisions hereof, until the tenth (10th) anniversary of the Operational Date. This Agreement may be renewed by User
for two additional five year terms by written notice of renewal delivered by User to Ticketmaster no less than 90 but no more than 150 days prior to the expiration of the then current term of this
Agreement so long as User is not in default under this Agreement either at the time such notice is delivered or at the time the renewal period is scheduled to commence. 

    As
used in this Agreement, (A) the term "Operational Date" shall mean the date upon which the System becomes operational in the Market Area or any part thereof, and (B) the term
"Operational Year" shall mean the twelve-month period commencing on the Operational Date and ending on the first anniversary of such date and each twelve-month period thereafter. 

 

    3.  Base Payments.  User shall pay to Ticketmaster during each year of the term hereof a minimum annual
royalty in the amount of $125,000 for the right to use the System and the Mark in the Market Area (the "Base Payment"). The Base Payment shall be payable in advance in equal quarterly installments
commencing on the Operational Date. 

    All
Base Payments shall be made by User directly to Ticketmaster in United States Dollars in the manner designated by Ticketmaster from time to time during the term of this Agreement,
which may include wire transfer into a Ticketmaster bank account. 

    4.  Additional Payments.  In addition to the Base Payments, User shall pay to Ticketmaster with respect
to each Operational Year an additional royalty (the "Additional Payment") equal to (i) the Number of Tickets Sold multiplied by the Per Ticket Amount minus (ii) the aggregate Base Payments actually
paid by User to Ticketmaster during that Operational Year. To the extent that in any Operational Year part (i) of the foregoing calculation does not exceed part (ii) thereof, no Additional Payment
shall be made by User to Ticketmaster for that Operational Year and Ticketmaster shall not be obligated to return any portion of the Base Payments paid during such Operational Year or to credit any
amount against Additional Payments payable in any succeeding Operational Year. As used herein "Number of Tickets Sold" shall mean for any Operational Year the number of tickets sold or distributed by
User, whether or not by or through the System or using the Mark, in the Market Area and to which a customer convenience charge or service charge is or normally is attached, whether at remote ticket
outlets, by telephone, by mail order, at facility box offices, at User locations or elsewhere (exclusive of complimentary and season tickets and tickets sold at a facility box office by a party not
affiliated with User where that party assesses a service charge no part of which accrues to the benefit or is otherwise payable to User or User's affiliates). Further, as used herein, the "Per Ticket
Amount" shall be the amount set forth below during each of the indicated Operational Years (including permissible renewal periods): 

	During Operational Years
	 	The Per Ticket

Amount Shall Be

	 	 	 
	 1 through 2	 	$0.06
	 3 through 4	 	$0.07
	 5 through 6	 	$0.08
	 7 through 8	 	$0.09
	 9 through 10	 	$0.10
	11 through 12	 	$0.11
	13 through 14	 	$0.12
	15 through 16	 	$0.13
	17 through 18	 	$0.14
	19 through 20	 	$0.15

In
the event that this Agreement is terminated for any reason prior to its expiration, the period commencing on the day following the end of the prior Operational Year and ending on the date of
termination shall be deemed to be an Operational Year for purposes of this Agreement. 

    Additional
Payments for each Operational Year shall be calculated and paid by User to Ticketmaster in United States Dollars on a quarterly basis, within ten (10) days following any
quarter during an Operational Year in which the aggregate per ticket royalty for such year exceeds the Base Payment for such year and in each quarter thereafter during any such year. All Additional
Payments shall be made by User directly to Ticketmaster in the manner designated by Ticketmaster from time to time during the term of this Agreement, which may include wire transfer into a
Ticketmaster bank account. 

    Within
ten (10) days after the end of each quarter of the term hereof, User shall deliver to Ticketmaster a report of all tickets sold, printed, produced and distributed by User in
the Market Area 

2

 

during such quarter, which report shall contain such information as may be necessary for Ticketmaster to calculate Additional Payments and such other information as Ticketmaster may reasonably
request. Ticketmaster shall be entitled upon reasonable notice to User to access to the books and records of User during User's normal business hours and at User's premises for purposes of confirming
and computing the amounts of Additional Payments payable hereunder; provided, however, that access to such books and records by Ticketmaster shall not unduly disrupt normal business operations of
User. 

    5.  Ticketmaster Rights.  Notwithstanding anything to the contrary herein, Ticketmaster is hereby
retaining the right for itself and for its affiliates to sell, by telephone and/or at outlets, tickets or other evidences of admission or entitlement to attend or receive transmission of the following
events within the Market Area and User shall have no right, license or interest in or to use the System or the Mark with respect to said events: 

	(a)
	Any
pay per view events for cable systems, whether by use of an 800 number or otherwise; and 
	(b)
	Special
events, which do not involve any traditional venues or tickets on sale to the general public; 

;
provided, however, that User will have the right and license, on a nonexclusive basis, to use the System and the Mark with respect to pay per view events for cable systems serving only the Market
Area and no other areas outside of the Market Area. 

    6.  Title.  

	(a)
	Title,
beneficial interest and all ownership rights to the System, the Mark and all related materials furnished by Ticketmaster and licensed under this Agreement shall remain in
Ticketmaster. User hereby acknowledges that the System, the Mark and all related materials furnished by Ticketmaster hereunder are claimed by Ticketmaster to be Ticketmaster's proprietary information
and trade secrets, whether or not any portion thereof is, or may be, validly copyrighted, patented, trademarked or otherwise protected. 
	(b)
	User's
rights in and to the System and the Mark furnished by Ticketmaster as a result of this Agreement may not be assigned, licensed or otherwise transferred voluntarily, by
operation of law or otherwise, without the prior written consent of Ticketmaster. 
	(c)
	Ticketmaster
and/or User may add to, delete from or modify the System and all related materials furnished by Ticketmaster hereunder in any manner, but no such changes, however
extensive, shall reduce Ticketmaster's title to the System. Any improvements made by User shall be and remain the confidential, proprietary property and information of User except that Ticketmaster
shall retain all proprietary rights in the underlying System as so improved and User shall not have any right to use the System as so improved without the prior written consent of Ticketmaster (except
pursuant to this Agreement). 
	(d)
	User
acknowledges and agrees that Ticketmaster has acquired all right, title and interest in and to all equipment formerly used in connection with the Ticketron System including,
but not limited to, any such equipment or personal computers used at any facility box offices or outlets in the Market Area, but excluding, as to the Market Area, (i) the personal computers, printers
and CRTs currently installed and being used in the facility box office at the Capital Centre in Landover, Maryland, (ii) the printers and CRTs currently installed and being operated in the facility
box offices at Baltimore Arena in Baltimore, Maryland, and Patriot Center in Fairfax County, Virginia, and (iii) all "dumb" CRTs formerly being used by Ticketron in the Market Area and attached
cabling (but not including any new CRTs). 

    7.  Use of the System and Mark.  

	(a)
	The
System (including any changes thereto made by or on behalf of Ticketmaster or User) and all related materials may be used for, by or on behalf of User only in connection with
any 

3

 

computer
equipment which User uses solely for, or solely in connection with, computerized ticketing at the facility locations and remote terminal locations within the Market Area. The System may not
be utilized in connection with any additional physical computer facilities (or other computers), for any other reason or by or for any other person, firm, corporation or other organization, without
the prior written consent of Ticketmaster. 

	(b)
	User
agrees that the Mark shall be the sole mark and name utilized by it in connection with the System and the operation of its ticketing business, and shall not be used with any
other marks or names. 
	(c)
	The
Mark shall be used by User in accordance with such quality control standards as Ticketmaster may from time to time prescribe for use by its non-affiliated licensees with respect
to products and services in connection with which the Mark is utilized. Further, User shall only use the Mark together with such notations as Ticketmaster may from time to time prescribe for purposes
of advising the public of service mark, trademark and similar protection. User shall cease all use of the Mark ten (10) days after notice from Ticketmaster that User has failed to comply with any such
standard unless, within such ten (10)-day period, User corrects such failure to the satisfaction of Ticketmaster. 
	(d)
	Neither
User nor any of its employees, agents or representatives shall reproduce, duplicate or otherwise copy the System or any related materials furnished by Ticketmaster hereunder
or any portion thereof, except for internal use directly with the System. All such materials and any copies thereof shall be returned by User to Ticketmaster immediately following termination or
expiration of this Agreement. 

    8.  Warranties.  Ticketmaster warrants to User that it is the owner of the System and the Mark (or claims
ownership rights to the Mark) and has the right to grant this license to User. Ticketmaster further warrants that the System to be installed in the Market Area will be substantially the same as, and
will be capable of performing (if used with the same equipment and subject to limitations based on size and capacity) as, the basic system currently being operated by Ticketmaster and its licensees in
San Francisco and Philadelphia. The System does not include certain custom enhancements such as direct line credit card authorization, disaster recovery, off-line archiving of accounts, nitrun, remote
VAXNET software and the TM fraud program, all of which may be purchased separately. IN THE EVENT OF ANY BREACH OF THE WARRANTY CONTAINED IN THE PREVIOUS SENTENCE, TICKETMASTER'S SOLE RESPONSIBILITY
SHALL BE TO USE ITS BEST EFFORTS TO CORRECT THE SYSTEM SO THAT IT PERFORMS IN ALL MATERIAL RESPECTS IN THE MANNER DESCRIBED ABOVE. THE WARRANTIES CONTAINED IN THIS PARAGRAPH 8 ARE IN LIEU OF
ALL OTHER WARRANTIES, EXPRESS OR IMPLIED, INCLUDING THE WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. 

    User
hereby warrants to Ticketmaster that (i) it is a duly organized and validly existing limited partnership under the laws of the State of Maryland; (ii) it has all
necessary power and authority to execute and perform this Agreement in accordance with its terms; (iii) the execution and performance of this Agreement by it will not breach, constitute a
default under or violate any of User's governing instruments or any agreement to which it is a party or by which its assets may be bound; (iv) this Agreement is enforceable against User in
accordance with its terms; and (v) no approvals or consents of any third party (including any government agency) is necessary in order for User to execute and deliver this Agreement and to
perform hereunder. 

    9.  Breach of Warranty.  

	(a)
	Ticketmaster
shall, at its expense, defend any action brought against User to the extent such action is based on a claim that the use of the System or the Mark directly infringes
any service mark, trademark, copyright or patent ("Infringement Action") and Ticketmaster shall pay any and all costs, expenses, damages, recoveries, deficiencies and attorneys' fees awarded against
User in any Infringement Action; provided that (i) Ticketmaster's obligations under this 

4

 

Paragraph 9(a)
are conditioned on User's promptly notifying Ticketmaster of any Infringement Action (and all claims relating thereto); and (ii) Ticketmaster shall have sole control of
the defense and all negotiations for compromise of any Infringement Action. Ticketmaster assumes no liability for the modification of the System, or any part thereof, unless such modification is made
by Ticketmaster. THE FOREGOING STATES THE SOLE AND EXCLUSIVE LIABILITY OF TICKETMASTER AND THE EXCLUSIVE REMEDY OF USER FOR SERVICE MARK, TRADEMARK, COPYRIGHT OR PATENT INFRINGEMENT. 

	(b)
	User's
remedy for any breach of warranty shall be limited solely to the remedies provided in this Agreement. All other liability, either in contract or tort, is expressly
disclaimed, waived and negated. In no event shall Ticketmaster be liable to User for any consequential or exemplary damages resulting from a breach of any warranty contained in this Agreement or any
implied warranty or any requirement existing and applicable under the law, which contrary to the intention of the parties hereto, the law states cannot be or is not disclaimed, waived or negated. 

    10.  Restrictive Covenants.  

	(a)
	User
recognizes and acknowledges that the System and all related materials furnished to User by Ticketmaster hereunder represent highly confidential, proprietary information of
Ticketmaster and constitutes a valuable, special and unique asset of and to the business of Ticketmaster. User covenants and agrees that, during and after the term hereof, no information, source
materials, design specifications, programs, flow charts, listings, magnetic tapes, disks, punched cards, documentation or other supporting or related materials and information of any nature or
description whatsoever relating to the design and operation of the System, or any portion thereof, are made available or disclosed by User, its general partner or any of their principals, officers,
directors, employees, agents or representatives, directly or indirectly, to any other person, firm or corporation, for any reason or purpose whatsoever or, directly or indirectly, used by User, its
general partner, or any of their principals, employees, agents or representatives; provided, however, that User may disclose pertinent portions of the System to those of its employees, agents or
representatives who have a need to have access to such portions of the System in order to enable User to use the System within the Market Area, and further provided that the foregoing restrictions
shall not apply to information within the public domain. Ticketmaster shall have the right to bring legal action to prevent a breach or threatened breach of this confidentiality agreement and to
pursue any other legal or equitable remedies for any
such breach or threatened breach, and User shall reimburse Ticketmaster for all costs and expenses, including but not limited to attorneys' fees, incurred by Ticketmaster with respect thereto. User
shall notify Ticketmaster of any such breach immediately upon discovery of such breach. Additionally, User shall use the System only in accordance with the terms and conditions hereof; and after the
expiration of the term hereof, or earlier termination of this Agreement, User shall: (i) cease all use of the System, the Mark and all related materials furnished hereunder by Ticketmaster,
(ii) return to Ticketmaster all information, source materials, design specifications, programs, flow charts, listings, magnetic tapes, disks, punched cards, documentation and other supporting
or related materials relating to the System (and copies thereof), (iii) warrant that all such documentation and materials (and copies thereof) have been returned to Ticketmaster or have been
destroyed, and (iv) warrant that any and all use of the Mark has ceased. 

5

  

	(b)
	During
the term of this Agreement, neither User, its general partner, nor any of their principal's subsidiaries, affiliates, successors or assigns shall, directly or indirectly, as
principal, agent, shareholder, partner, joint venturer, investor or in any other capacity or by any other means whatsoever, (i) compete with Ticketmaster or its affiliates within the Market
Area in the computerized ticketing business or (ii) solicit the employment by User, its general partner, or any of their principals, subsidiaries, affiliates, successors or assigns of any
employee of Ticketmaster or its affiliates.

	(c)
	User
acknowledges that the remedy at law for any breach or threatened breach of the agreements and covenants set forth in this Paragraph 10 will be inadequate, and
Ticketmaster shall be entitled to preliminary and permanent injunctive relief in any court of competent jurisdiction, without the requirement of posting bond or any other condition precedent thereto,
for any breach or threatened breach of the agreements and covenants contained in this Paragraph 10. Such remedy shall be in addition to, and not in limitation of, any other remedy available to
Ticketmaster at law, in equity or otherwise, and may be obtained by Ticketmaster notwithstanding any assertion by User that Ticketmaster's claims to proprietary rights in its confidential information
is invalid or unenforceable.

	(d)
	Termination
or expiration of this Agreement shall not terminate the continuing confidentiality obligations imposed upon User, its employees, servants and agents by the terms of this
Paragraph 10.

	(e)
	At
Ticketmaster's request, User shall require each person permitted access to any of the confidential information to execute a confidentiality agreement in such form and containing
such terms as Ticketmaster shall determine. 

    11.  Termination.  

	(a)
	This
Agreement may be immediately terminated by Ticketmaster if:

	(i)
	User
shall dissolve or commence winding up its activities to effect dissolution, liquidation or termination, or shall make an assignment for the benefit of creditors, or shall
admit, in writing, its inability to pay its debts as they become due, or shall file a voluntary petition in bankruptcy, or shall be adjudicated a bankrupt or insolvent or shall file any petition or
answer seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any present or future statute, law or regulation, or shall file any answer
admitting or not contesting the material allegations of a petition filed against it in any such proceedings, or shall seek, consent to or acquiesce
in the appointment of any trustee, receiver or liquidator of User or of all or any substantial part of the properties of User;

	(ii)
	User,
its general partner (or any of their principals, officers, directors, employees, agents or representatives) shall breach, or threaten to breach, any of the confidentiality
obligations of User or any of them set forth in Paragraph 10 hereof; or

	(iii)
	User
shall fail to pay when due any amounts owing Ticketmaster under, or to observe or perform any terms or conditions of, this Agreement (other than Paragraph 10);
provided, that any such failure shall continue for a period of seven (7) days after Ticketmaster has given written notice thereof to User. 

	(b)
	This
Agreement may be immediately terminated by User if Ticketmaster shall dissolve or commence winding up its activities to effect dissolution, liquidation or termination, or shall
make an assignment for the benefit of creditors, or shall admit, in writing, its inability to pay its debts as they become due, or shall file a voluntary petition in bankruptcy, or shall be
adjudicated a bankrupt or insolvent or shall file any petition or answer seeking any 

6

 

reorganization,
arrangement, composition, readjustment, liquidation, dissolution or similar relief under any present or future statute, law or regulation, or shall file any answer admitting or not
contesting the material allegations of a petition filed against it in any such proceedings, or shall seek, consent to or acquiesce in the appointment of any trustee, receiver or liquidator of
Ticketmaster or of all or any substantial part of the properties of Ticketmaster. 

	(c)
	Upon
any such termination, (i) any past due or currently due payments (including Additional Payments for the period from the beginning of the then current License Year
through the date of termination) shall become due and payable (or, if applicable, prepaid Base Payments for the remainder of the current License Year quarter shall be reimbursed), and (ii) this
Agreement and the license granted hereby shall forthwith be revoked and of no further force or effect except as stated otherwise herein. Ticketmaster's and User's right to terminate this Agreement
shall be in addition to and without prejudice to any other remedies such party may have, except as otherwise specifically provided herein.

	(d)
	Immediately
upon any such termination, User shall surrender to Ticketmaster, and Ticketmaster shall have the right peacefully to take, possession of the System, and User shall
further cease to use the Mark. Ticketmaster shall thereafter own and hold the System and the Mark free of any claim or interest of User. Without limiting the generality of the foregoing, User shall
immediately after any such termination legally change its name so that its name shall no longer include the word "Ticketmaster" or any derivation thereof. User shall indemnify and hold Ticketmaster
harmless from and against any
claim, loss, expense (including reasonable attorneys' fees) or liability whatsoever resulting from, due to or arising by reason of any misuse of the System or Mark by User in any manner. 

    12.  Enhancements and Support; Source Code.  

	(a)
	In
the event that the System shall, at any time during the term of this Agreement, fail to perform in the manner warranted by Ticketmaster in Paragraph 8 hereof, Ticketmaster
shall, at no charge to User, correct the System in the manner provided in said Paragraph 8.

	(b)
	In
the event that Ticketmaster shall, at any time during the term of this Agreement, develop and complete testing of enhancements to the version of software comprising a part of the
System then being used by User, and Ticketmaster shall make such enhancement available to its non-affiliated licensees on a general basis, Ticketmaster shall also make such enhancement available to
User in consideration of the payment by User of any and all out-of-pocket expenses incurred by Ticketmaster (including, without limitation thereby, costs of materials and
personnel) in connection with making such enhancement available to User, as well as the costs of all necessary new equipment.

	(c)
	In
the event that Ticketmaster shall, at any time during the term of this Agreement, offer to User, and User shall elect to receive, an upgrade to or improved version of the
software used in the System, the implementation of which would require a conversion of User's database, User shall pay to Ticketmaster the sum of $30,000 U.S. therefor, and Ticketmaster shall effect
such conversion for and on behalf of User.

	(d)
	In
the event that User shall, at any time during the term of this Agreement, request that Ticketmaster develop custom enhancements to the System to meet certain specific performance
criteria reasonably requested by User, Ticketmaster shall use its reasonable efforts to cause such custom enhancements to be developed by its programmers in consideration of the payment by User to
Ticketmaster of the prevailing rate then being charged by Ticketmaster to its other non-affiliated licensees.

	(e)
	In
addition to any other fees payable by it to Ticketmaster pursuant to this Paragraph 12, User shall be responsible, and shall immediately reimburse Ticketmaster upon
invoice, for any 

7

 

and
all expenses (including travel) incurred by Ticketmaster's employees, agents and representatives pursuant to or in connection with Ticketmaster's performance under Paragraphs 12(b), (c) and
(d) above. 

	(f)
	During
the term of this Agreement Ticketmaster shall furnish User with the access code to the System at least 30 days prior to the date upon which that access code is to take
effect. 

    13.  Documentation.  Ticketmaster will supply User with documentation which will enable User, after the
initial training of its personnel, to operate the System. 

    14.  Equipment.  During the term of this Agreement, User shall have the right to purchase all equipment
it may require from time to time to be used entirely or in material part with the System from or through Ticketmaster. The cost of any such equipment which is manufactured by a party other than by
Ticketmaster shall be at Ticketmaster's cost plus ten percent (10%). The cost of any such equipment manufactured in whole or in part for or by Ticketmaster shall be at Ticketmaster's then current
market rate to its non-affiliated licensees for such equipment. The cost of delivering and installing such equipment shall be borne solely by User. 

    15.  Indemnification.  User shall indemnify and hold Ticketmaster, and its subsidiaries, affiliates,
successors, assigns, officers, directors, employees, representatives and agents, harmless from and against any and all losses, liabilities, damages, claims, actions, causes of action and expenses
(including reasonable attorneys' fees) that said indemnified parties may incur or be responsible for as a result or by virtue of the operation of User, including, without limitation thereby, User's
use of the System, but excluding those costs, expenses, damages, recoveries, deficiencies and attorneys' fees awarded in any Infringement Action pursuant to Paragraph 10(a) above. 

    16.  Right of First Refusal.  User and, by their execution of this Agreement in the space provided below,
the holders of all of the general and limited partnership interests of User (the "Partners"), agree that in the event (i) User receives an offer from a third party to purchase for cash or other
property any or all of the assets of User (including this Agreement) or (ii) the Partners, or any of them, receive an offer from a third party to purchase for cash or other property any or all
of the general or limited partnership interests of User, which either User or the Partners wish to accept, User or the Partners, as applicable, will cause such offer to be reduced to writing and shall
deliver written notice of such offer to Ticketmaster. Ticketmaster may designate one or more persons to accept the right of first refusal contained in this Section 16. The notice from User or
the Partners shall also contain an irrevocable offer by them to sell the covered assets or partnership interests to Ticketmaster or its designees at a price equal to the price, and upon substantially
the same terms and conditions as the terms and conditions contained in, the offer transmitted with the notice; provided, however, that if the price is not payable solely in cash, then User or the
Partners, as applicable, shall advise Ticketmaster of the reasonable value of such non-cash consideration (which reasonable value Ticketmaster may contest) and Ticketmaster shall be permitted to
deliver cash in the amount thereof in substitution for such non-cash consideration. Ticketmaster or its designees shall have the right and option, exercisable within 15 days after delivery of the
notice from User or the Partners, to accept such offer as to all, but not less than all, of the assets or partnership interests affected by the offer. The closing of the purchase of the assets or
partnership interests covered by the offer by Ticketmaster or its designees shall take place at the principal office of Ticketmaster (or such other place as may be agreed upon by the parties) on the
fifth business day after the expiration of the 15-day period following the giving of the notice. At such closing, Ticketmaster or its designees shall make payment of the purchase price against
delivery of the
assets or partnership interests covered by the offer, together with appropriate instruments of assignment and transfer. If at the end of the 15-day period following the giving of notice by User or the
Partners, neither Ticketmaster nor its designees have accepted the offer as to all of the assets and partnership interests covered by the offer, then User and the Partners shall have 20 days in which
to sell the assets or the partnership interests covered by the offer at a price 

8

 

equal to that contained in the notice and upon terms and conditions not more favorable to the offeror than were contained in the notice. If, at the end of such 20-day period, User or the Partners have
not completed the sale of the assets or partnership interests covered by the offer, then they shall no longer be permitted to sell such assets or partnership interests pursuant to this
Section 16 without again fully complying with the provisions of this Section 16. During the term of this Agreement, User shall keep this Agreement free and clear of any liens, pledges,
security interests and encumbrances of any kind or nature whatsoever, and the Partners shall neither sell, assign, transfer, give, donate or otherwise dispose of their partnership interests (except in
accordance with the terms of this Section 16). 

    17.  Assignment.  User may not assign its rights, duties, and/or obligations hereunder, nor may the
System, the Mark or any materials furnished by Ticketmaster hereunder be transferred, assigned, sublicensed or otherwise disposed of by User, without the prior written consent of Ticketmaster;
provided, however, that User may assign this Agreement to an entity controlled by, controlling or under common control with User solely as part of an internal reorganization of User and its affiliates
so long as such entity becomes a party to and agrees to be bound by the terms and conditions of this Agreement. 

    18.  Binding Effect.  This Agreement shall inure to the benefit of and be binding upon the parties hereto
and their respective, successors and assigns. 

    19.  Entire Agreement; Amendment.  This Agreement constitutes the entire agreement between the parties
hereto relative to the subject matter hereof, and supersedes any and all prior agreements, written or oral, between the parties relating to such subject matter. No modifications or amendments of any
of the terms hereof shall be valid or binding unless made in writing and signed by Ticketmaster and User. 

    20.  Waiver.  No waiver of any breach of any provision of this Agreement shall constitute a waiver of any
prior, concurrent or subsequent breach of the same or any other provision hereof, and no waiver shall be effective unless made in writing. 

    21.  Attorneys' Fees.  In case of any action or proceeding to compel compliance with, or for a breach of,
the provisions of this Agreement, the prevailing party shall be entitled to recover from the other party all costs of such action or proceeding including, but not limited to, reasonable attorneys'
fees. 

    22.  Notices.  All notices which are required or permitted hereunder shall be sufficient if given in
writing and delivered personally, by telecopy or by registered or certified mail, postage prepaid, addressed to the party receiving such notice at the following address or at such other address as may
be requested in writing by either party pursuant to this Paragraph 22: 

	If to Ticketmaster, to:	 	Ticketmaster Corporation

3701 Wilshire Boulevard

7th Floor

Los Angeles, California 90010
	 	 	Attn:	 	Fredric D. Rosen

Ned S. Goldstein
	

With a copy to:	
 	

Neal Gerber & Eisenberg

Two North LaSalle Street

Suite 2200

Chicago, Illinois 60602
	 	 	Attn:	 	Norman J. Gantz, Esq.

9

 

	

If to User, to:	
 	

Ticketmaster Group Limited Partnership

c/o Abe Pollin Tickets, Inc.

One Harry S. Truman Drive

Landover, Maryland 20785
	 	 	Attn:	 	Abe Pollin
	

With a copy to:	
 	

Arent Fox Kintner Plotkin & Kahn

1050 Connecticut Avenue, N.W.

Washington, D.C. 20036
	 	 	Attn:	 	David M. Osnos and

Daniel F. Van Horn

    23.  Severability.  If any provision of this Agreement shall be held invalid or unenforceable by any
court of competent jurisdiction, the remaining provisions of this Agreement shall remain in full force and effect. Further, should any provision of this Agreement be deemed unenforceable by virtue of
its scope, such provision shall be deemed limited to the extent necessary to render the same enforceable. 

    24.  Law to Govern.  The validity, construction and enforceability of this Agreement shall be governed in
all respects by the laws of the State of Illinois, without regard to its conflict of laws rules. Any legal proceeding or other action taken or to be taken by any of the parties hereto relative to this
Agreement or the transactions contemplated hereby, or to enforce or interpret the terms and conditions of this Agreement, shall be instituted in a state or Federal court located in Cook County,
Illinois. The parties hereto hereby irrevocably consent to the jurisdiction of any such court and irrevocably waive, to the fullest extent that they may effectively do so, the defense of an
inconvenient forum to the maintenance of such proceeding or action. The parties hereto agree that a final judgment, from which no further appeal may be taken or from which no further petition for
review may be filed, in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgement or in any other manner provided by law. 

    25.  Headings.  The headings of paragraphs in this Agreement have been inserted for the convenience of
reference only and shall in no way restrict or otherwise modify the terms of this Agreement. 

    26.  Counterparts.  This Agreement may be executed in one or more counterparts, each of which shall be
deemed to be an original, but each of which together shall constitute one and the same document. 

    IN
WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written. 

	 	 	TICKETMASTER CORPORATION
	

 	
 	

By:	
 	

[ILLEGIBLE]

	

 	
 	

Title:	
 	

[ILLEGIBLE]

	

 	
 	

TICKETMASTER GROUP LIMITED PARTNERSHIP
	

 	
 	

By:	
 	

AP TICKETS, INC.

  its General Partner
	

 	
 	

By:	
 	

[ILLEGIBLE]

	

 	
 	

Title:	
 	

[ILLEGIBLE]

10

 

	AGREED TO AS OF THE DATE HEREOF FOR PURPOSES OF SECTION 16	 	 
	

GENERAL PARTNER:	
 	

 
	

AP TICKETS, INC.

  a Maryland corporation	
 	

 
	

By:	
 	

[ILLEGIBLE]
	
 	

 
	

Title:	
 	

[ILLEGIBLE]
	
 	

 
	

LIMITED PARTNER:	
 	

 
	

CENTER GROUP LIMITED PARTNERSHIP,

  a Maryland limited partnership	
 	

 
	

By:	
 	

Abe Pollin Sports, Inc.,

  its general partner	
 	

 
	

By:	
 	

[ILLEGIBLE]
	
 	

 
	

Title:	
 	

[ILLEGIBLE]
	
 	

 

11

 
 

EXHIBIT I
    
    MARKET AREA    
  

	(a)
	The
State of Maryland.

	(b)
	Washington,
D.C.; and

	(c)
	The
independent cities of Alexandria, Fairfax, Falls Church, Manassas and Manassas Park, and the Counties of Arlington, Loudoun, Fairfax and Prince William, in the Commonwealth of
Virginia. 

QuickLinks

AMENDMENT TO LICENSE AGREEMENT

LICENSE AGREEMENT

WITNESSETH

EXHIBIT I MARKET AREA

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00025-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00025-of-00352.parquet"}]]