Common use of FINANCIAL ASPECTS Clause in Contracts

FINANCIAL ASPECTS. Subject to this paragraph, all income related to the Event (e.g. licensing of broad- cast rights and all other electronic media rights, income from Event sponsors, ticketing and merchandising, multimedia such as games, (except FIS World Cup Games and shared according Right to use agreement), Event catering, public subsidies and other sources) shall be retained by the NSA and the Organiser for the organisation of the Event, to be allocated according to their internal agree- ment, which may deviate from the allocation of the rights as provided in the FIS Advertising and other similar Rules. FIS is entitled to keep all income from the title sponsor(s) of the FIS Snowboard World Cup, which is used for the FIS costs for professional staff and organisation, and has no financial obligation towards the NSA and/or the Organiser with re- spect to the Event. Furthermore, in accordance with the FIS Congress 2008 decision, the FIS has been tasked with negotiating the marketing rights for the timing and data inserts. The net revenues generated as a result will be distributed to the NSA and the Or- ganiser. The split will be determined by the FIS Council. All financial obligations related to the Event shall be met by the NSA and the Or- ganiser, subject to exceptions specified in this Agreement. Payments to the competitors for prize money (art. 1.2.10, 2.4, 3.5, 4.6, 5.6 WCR) must be transferred by electronic banking means as defined in the WCR.

FINANCIAL ASPECTS. Subject to this paragraph, all income related to the Event (e.g. licensing of broad- cast rights and all other electronic media rights, income from Event sponsors, ticketing and merchandising, multimedia such as games, games (except FIS World Cup Games and shared according Right to use agreement), Event catering, public subsidies and other sources) shall be retained by the NSA and the Organiser for the organisation of the Event, to be allocated according to their internal agree- ment, which may deviate from the allocation of the rights as provided in the FIS Advertising and other similar Rules. The FIS is entitled to keep all income from the title sponsor(s) of the FIS Snowboard Snow- board World Cup, which is used for the FIS costs for professional staff and organisationorgan- isation, and has no financial obligation towards the NSA and/or the Organiser with re- spect respect to the Event. Furthermore, in accordance with the FIS Congress 2008 decision, the FIS has been tasked with negotiating the marketing rights for the timing and data inserts. The net revenues generated as a result will be distributed to the NSA and the Or- ganiser. The split will be determined by the FIS Council. All financial obligations related to the Event shall be met by the NSA and the Or- ganiser, subject to exceptions specified in this Agreement. Payments to the competitors for prize money (art. 1.2.10, 2.4, 3.5, 4.6, 5.6 WCR) must be transferred by electronic banking means as defined in the WCR.

FINANCIAL ASPECTS. Subject to this paragraph, all income related to the Event (e.g. licensing of broad- cast broadcast rights and all other electronic media rights, income from Event sponsors, ticketing and merchandising, multimedia such as games, (except FIS World Cup Games and shared according Right to use agreement), Event catering, public subsidies and other sources) shall be retained by the NSA and the Organiser for the organisation of the Event, to be allocated according to their internal agree- mentagreement, which may deviate from the allocation of the rights as provided in the FIS Advertising and other similar Rules. The FIS is entitled to keep all income from the title and presenting sponsor(s) of the Freestyle Ski and Snowboard FIS Snowboard World Cup, which is used for the FIS costs for professional profes- sional staff and organisation, and has no financial obligation towards the NSA and/or the Organiser with re- spect respect to the Event. Furthermore, in accordance with the FIS Congress 2008 decision, the FIS has been tasked with negotiating the marketing rights for the timing and data inserts. The net revenues rev- enues generated as a result will be distributed to the NSA and the Or- ganiserOrganiser. The split will be determined by the FIS Council. All financial obligations related to the Event shall be met by the NSA and the Or- ganiserOrganiser, subject to exceptions specified in this Agreement. Payments to the competitors for prize money (FS and SB WCR art. 1.2.1071.2.10, 2.4, 3.5, 4.6, 5.6 WCR) must be transferred made after the awards ceremony in cash, in convertible currency or by electronic banking means as defined in bank transfer, taking into consideration the WCRlocal tax-laws.

FINANCIAL ASPECTS. Subject to this paragraph, all income related to the Event (e.g. licensing of broad- cast broadcast rights and all other electronic media rights, income from Event sponsors, ticketing and merchandising, multimedia such as games, (except FIS World Cup Games and shared according Right to use agreement), Event catering, public subsidies and other sources) shall be retained by the NSA and the Organiser for the organisation of the Event, to be allocated according to their internal agree- mentagreement, which may deviate from the allocation of the rights as provided in the FIS Advertising and other similar Rules. The FIS is entitled to keep all income from the title and presenting sponsor(s) of the FIS Snowboard Freestyle Ski World Cup, which is used for the FIS costs for professional staff and organisationor- ganisation, and has no financial obligation towards the NSA and/or the Organiser with re- spect respect to the Event. Furthermore, in accordance with the FIS Congress 2008 decision, the FIS has been tasked with negotiating the marketing rights for the timing and data inserts. The net revenues rev- enues generated as a result will be distributed to the NSA and the Or- ganiserOrganiser. The split will be determined by the FIS Council. All financial obligations related to the Event shall be met by the NSA and the Or- ganiserOrganiser, subject to exceptions specified in this Agreement. Payments to the competitors for prize money (art. 1.2.10, 2.4, 3.5, 4.6, 5.6 WCRart.1.2.10) must be transferred by electronic elec- tronic banking means as defined in the WCRWCR taking into consideration the local tax-laws.

FINANCIAL ASPECTS. Subject to this paragraph, all income related to the Event (e.g. licensing of broad- cast broadcast rights and all other electronic media rights, income from Event sponsors, ticketing and merchandising, multimedia such as games, (except FIS World Cup Games and shared according Right to use agreement), Event catering, public subsidies and other sources) shall be retained by the NSA and the Organiser for the organisation of the Event, to be allocated according to their internal agree- mentagreement, which may deviate from the allocation of the rights as provided in the FIS Advertising and other similar Rules. The FIS is entitled to keep all income from the title and presenting sponsor(s) of the Freestyle Ski and Snowboard FIS Snowboard World Cup, which is used for the FIS costs for professional profes- sional staff and organisation, and has no financial obligation towards the NSA and/or the Organiser with re- spect respect to the Event. Furthermore, in accordance with the FIS Congress 2008 decision, the FIS has been tasked with negotiating the marketing rights for the timing and data inserts. The net revenues rev- enues generated as a result will be distributed to the NSA and the Or- ganiserOrganiser. The split will be determined by the FIS Council. All financial obligations related to the Event shall be met by the NSA and the Or- ganiserOrganiser, subject to exceptions specified in this Agreement. Payments to the competitors for prize money (art. 1.2.10WCR1.2.10, 2.4, 3.5, 4.6, 5.6 WCR) must be transferred made after the awards ceremony in cash, in convertible currency or by electronic banking means as defined in bank transfer, taking into consideration the WCRlocal tax-laws.

FINANCIAL ASPECTS. Subject to this paragraph, all income related to the Event (e.g. licensing of broad- cast rights and all other electronic media rights, income from Event sponsors, ticketing and merchandising, multimedia such as games, games (except FIS World Cup Games and shared according Right to use agreement), Event catering, public subsidies and other sources) shall be retained by the NSA and the Organiser for the organisation of the Event, to be allocated according to their internal agree- ment, which may deviate from the allocation of the rights as provided in the FIS Advertising and other similar Rules. The FIS is entitled to keep all income from the title sponsor(s) of the FIS Snowboard Snow- board World Cup, which is used for the FIS costs for professional staff and organisationorgan- isation, and has no financial obligation towards the NSA and/or the Organiser with re- spect respect to the Event. Furthermore, in accordance with the FIS Congress 2008 decision, the FIS has been tasked with negotiating the marketing rights for the timing and data inserts. The net revenues generated as a result will be distributed to the NSA and the Or- ganiser. The split will be determined by the FIS Council. All financial obligations related to the Event shall be met by the NSA and the Or- ganiser, subject to exceptions specified in this Agreement. Payments to the competitors for prize money (art. 1.2.1071.2.10, 2.4, 3.5, 4.6, 5.6 WCR) must be transferred by electronic banking means as defined in the WCR.