Marketing Promotion and Costs Sharing Ratio Sample Clauses

Marketing Promotion and Costs Sharing Ratio. (a) EGT shall have absolute control over the planning, formulation and implementation of the marketing promotion strategy for boosting the business of EGT Slot Hall, including but not limited to, provision of complimentary food and beverages and other amenities to the players or patrons of the Machines at the EGT Slot Hall, lucky draws and others (collectively “Marketing Promotions”) and all cost incurred by EGT for the Marketing Promotion shall be shared by EGT and the Venue Owner in accordance with the Costs Sharing Ratio as provided in Schedule B of this Agreement on a monthly basis provided that (i) the in-principle plan for the Marketing Promotions and (ii) the budget of such Marketing Promotions must be pre-approved by the authorized representative(s) of the Venue Owner in writing (such approval not to be unreasonably withheld). In connection with this sub-clause (a), the Venue Owner agrees to appoint not more than two of its personnel to act as such representative(s) (the names of them shall be notified to EGT in writing) and any one of them shall be authorized to give the approval, if applicable, under this sub-clause (a), and once the approval is given, EGT shall have full right to implement the Marketing Promotions provided that they must not materially deviate from the in-principle plan so approved and/or exceed the approved budget. (b) EGT shall keep proper books and records concerning the expenditures and costs of all Marketing Promotions; and the Venue Owner shall have full audit rights (at that its sole costs) regarding the expenditures of the Marketing Promotions and the EGT shall provide all necessary information that relates to the Marketing Promotions upon reasonable request by the Venue Owner. (c) Nothing contained in this Clause 1.4 shall preclude the Venue Owner from carrying out any additional marketing and promotion plans for the Casino as a whole (regardless of whether or not such additional marketing and promotion events will also benefit or cover the EGT Slot Hall) as long as the Venue Owner bears the sole cost for such additional marketing and promotions.
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