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Agreement 2016-27 <br />ADVERTISING SALES REPRESENTATION AGREEMENT <br /> <br />This Agreement (“Agreement”) is made by and between the City of Elk River, a <br />Minnesota municipal corporation (“City”) the owner and operator of an Ice Arena at 1000 <br />School St NW, Elk River, MN 55330 (“Facility”) and Isport Networks LLC, a Delaware <br />limited liability company, d/b/a Rinkside Advertising Network, having a principal place <br />of business at 513 Greenview Drive, Chanhassen, MN 55317 (“Rinkside”) and dated this <br />_______ day of _______________, 2016 (collectively, “Parties”). <br /> <br />1. Engagement of Services City hereby engages Rinkside as an authorized and non- <br />exclusive representative to procure advertising from third-party companies (“Advertisers”) <br />to be displayed primarily on the dasher boards of the Facility ice rink(s) and other <br />locations described herein. <br /> <br />2. Terms of Agreement. Advertisements will be sold and installed on a per-dasher <br />board basis. The agreed-upon cost to Rinkside of a dasher board, each of which is <br />approximately 33” x 96”, shall be $500 per year (each dasher board is referred to herein as <br />an “Advertisement”, the company whose product or service is displayed is referred to as an <br />“Advertiser”). <br /> <br />City shall advise Rinkside of additional advertising opportunities as they become available, <br />and this list may be supplemented. Rinkside’s payment to City on any Advertising project <br />shall be due within forty-five (45) days of Rinkside’s receipt of proof of performance from <br />City. <br /> <br />3. Approval Process. Within fourteen (14) days of procurement of each <br />Advertisement, Rinkside shall send Insertion Order via e-mail providing a visual mock-up <br />of the Advertisement to be installed, the Advertisement’s dimensions, and Advertiser’s <br />desired advertising location within the rink (i.e., Inside North, South, East, or West). <br /> <br />Within three (5) business days of the date of receipt of the Insertion Order, Facility shall <br />notify Rinkside of any objection to the proposed advertisement. If no objection is received, <br />the sale is deemed final. <br /> <br />4. Installation of Advertisement. Rinkside will be responsible for the production of <br />advertisements and will furnish advertisements and all associated installation materials to <br />City for install. Upon installation of each Advertisement (“Final Installation”), City shall <br />send an email with a photograph of installed advertisements to Rinkside confirming Final <br />Installation. The one-year term for each Advertisement and the forty-five (45) day billing <br />term shall begin on the date of Final Installation. <br /> <br />5. Term and Termination. This Agreement shall commence on the date hereof and <br />shall continue for a term of three (2) years. At the end of said Initial Term, this Agreement <br />shall automatically renew for successive subsequent one (1) year terms thereafter. Notice <br />of non-renewal must be sent by cancelling party at least 30 days prior to the end of the <br />existing term. <br />1 <br />188793v1 <br />