Common use of STADIUM EVENT MANAGEMENT Clause in Contracts

STADIUM EVENT MANAGEMENT. General Provisions • If StadiumCo proposes to hire a third-party venue management firm, such third-party venue management firm will have a national reputation and representative experience with facilities similar to the Stadium. • StadiumCo may elect to manage operations on an in-house basis (including via an affiliated entity). Operating Expenses and Maintenance • StadiumCo shall be responsible for all operating expenses and maintenance and repairs of the Stadium Project. StadiumCo shall operate and maintain (or cause others to operate and maintain) the Stadium in a safe, clean, attractive, and first- class manner comparable to that of other MLS stadiums of similar design and age and in a manner that is consistent with all applicable requirements imposed by MLS rules and regulations and applicable governmental rules and regulations – the QOS. The City shall have a right to annually review and assess StadiumCo’s compliance with the QOS. Concessions • StadiumCo shall have the exclusive right to select and to establish the contractual terms for all Stadium concessionaires and to market, sell, and retain all concessions and hospitality revenue from all events held at the Stadium and Site. • StadiumCo will use their best efforts to use, or cause the concessionaire to use, local vendors, goods and labor, subject to competitive pricing and other financial considerations, quality of service and quality of products. Vendor Agreements • StadiumCo shall be solely responsible for identifying and entering into third-party vendor contracts for the Stadium and Site. • StadiumCo will use their best efforts to use local vendors, goods and labor, subject to competitive pricing and other financial considerations, quality of service and quality of products.

STADIUM EVENT MANAGEMENT. General Provisions •  If StadiumCo proposes to hire a third-party third -party venue management firm, such third-party third -party venue management firm will have a national reputation and representative experience with facilities similar to the Stadium. •  StadiumCo may elect to manage operations on an in-house basis (including via an affiliated entity). Operating Expenses and Maintenance •  StadiumCo shall be responsible for all operating expenses and maintenance and repairs of the Stadium Project. StadiumCo shall operate and maintain (or cause others to operate and maintain) the Stadium in a safe, clean, attractive, and first- class manner comparable to that of other MLS stadiums of similar design and age and in a manner that is consistent with all applicable requirements imposed by MLS rules and regulations and applicable governmental rules and regulations – the QOS. The City shall have a right to annually review and assess StadiumCo’s compliance with the QOS. Concessions •  StadiumCo shall have the exclusive right to select and to establish the contractual terms for all Stadium concessionaires and to market, sell, and retain all concessions and hospitality revenue from all events held at the Stadium and Site. •  StadiumCo will use make a good faith effortuse their best efforts to use, or cause the concessionaire to use, local vendors, goods and labor, subject to competitive pricing and other financial considerations, quality of service and quality of products. Vendor Agreements •  StadiumCo shall be solely responsible for identifying and entering into third-party vendor contracts for the Stadium and Site. •  StadiumCo will use make a good faith effortuse their best efforts to use local vendors, goods and labor, subject to competitive pricing and other financial considerations, quality of service and quality of products.

STADIUM EVENT MANAGEMENT. General Provisions • If StadiumCo proposes to hire a third-party third -party venue management firm, such third-party third -party venue management firm will have a national reputation and representative experience with facilities similar to the Stadium. • StadiumCo may elect to manage operations on an in-house basis (including via an affiliated entity). Operating Expenses and Maintenance • StadiumCo shall be responsible for all operating expenses and maintenance and repairs of the Stadium Project. StadiumCo shall operate and maintain (or cause others to operate and maintain) the Stadium in a safe, clean, attractive, and first- class manner comparable to that of other MLS stadiums of similar design and age and in a manner that is consistent with all applicable requirements imposed by MLS rules and regulations and applicable governmental rules and regulations – the QOS. The City shall have a right to annually review and assess StadiumCo’s compliance with the QOS. Concessions • StadiumCo shall have the exclusive right to select and to establish the contractual terms for all Stadium concessionaires and to market, sell, and retain all concessions and hospitality revenue from all events held at the Stadium and Site. • StadiumCo will use make a good faith effortuse their best efforts to use, or cause the concessionaire to use, local vendors, goods and labor, subject to competitive pricing and other financial considerations, quality of service and quality of products. Vendor Agreements • StadiumCo shall be solely responsible for identifying and entering into third-party vendor contracts for the Stadium and Site. • StadiumCo will use make a good faith effortuse their best efforts to use local vendors, goods and labor, subject to competitive pricing and other financial considerations, quality of service and quality of products.

STADIUM EVENT MANAGEMENT. General Provisions • If StadiumCo proposes to hire a third-party venue management firm, such third-party venue management firm will have a national reputation and representative experience with facilities similar to the Stadium. • StadiumCo may elect to manage operations on an in-house basis (including via an affiliated entity). Operating Expenses and Maintenance • StadiumCo shall be responsible for all operating expenses and maintenance and repairs of the Stadium Project. StadiumCo shall operate and maintain (or cause others to operate and maintain) the Stadium in a safe, clean, attractive, and first- class manner comparable to that of other MLS stadiums of similar design and age and in a manner that is consistent with all applicable requirements imposed by MLS rules and regulations and applicable governmental rules and regulations – the QOS. The City shall have a right to annually review and assess StadiumCo’s compliance with the QOS. Concessions • StadiumCo shall have the exclusive right to select and to establish the contractual terms for all Stadium concessionaires and to market, sell, and retain all concessions and hospitality revenue from all events held at the Stadium and Site. • StadiumCo will use their best efforts to use, or cause the concessionaire to use, local vendors, goods and labor, subject to competitive pricing and other financial considerations, quality of service and quality of products. Emphasis shall be given to local vendors, goods and labor. Vendor Agreements • StadiumCo shall be solely responsible for identifying and entering into third-party vendor contracts for the Stadium and Site. • StadiumCo will use their best efforts to use use, or cause the concessionaire to use, local vendors, goods and labor, subject to competitive pricing and other financial considerations, quality of service and quality of products. Emphasis shall be given to local vendors, goods and labor. Six months prior to opening of the Stadium, StadiumCo shall work with the City to develop a process for how local vendors will be prioritized in the selection process.