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4.6 SR 11-18-2024
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4.6 SR 11-18-2024
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VENUE AGREEMENT <br />1 | P a g e <br />DATE: <br />BETWEEN: LIVEBARN INC. (“LiveBarn”) <br />and <br />______________________ _________ (“Venue Owner”) <br />WHEREAS LiveBarn Inc. and Venue Owner wish to enter <br />into this Agreement pursuant to which LiveBarn will install <br />at Venue Owner’s Ice Rink Sheet described in the attached <br />Schedule “A” (each being an “Ice Rink Sheet”) a fully <br />automated sports broadcasting system for the delivery of <br />live and/or on demand video and audio streaming to <br />internet connected devices such as smartphones, computers <br />or tablets (the “Automated Online Broadcast Service”); <br />WHEREAS the Automated Online Streaming Service <br />offered by LiveBarn can stream Content (as defined below) <br />via LiveBarn’s subscription-based platform (the “LiveBarn <br />Platform”) or its wholly owned MNHockey.Tv platform <br />(the “MNHockey.Tv Platform”). <br />WHEREAS the LiveBarn platform is defined as being the <br />subscription platform that will broadcast all of the Non- <br />High School level activity, or other designated activity that <br />is non-explicitly owned. <br />WHEREAS the MNHockey.Tv platform is defined as <br />being the subscription and pay per-view based platform <br />(the “MNHockey.Tv Platform”) that will broadcast all of <br />the High School or otherwise explicitly owned activity. <br />NOW, THEREFORE, in consideration for the mutual <br />promises set out below, and for other good and valuable <br />consideration acknowledged by the parties, LiveBarn and <br />Venue Owner agree as follows: <br />1 AUTOMATED ONLINE BROADCAST <br />SERVICE <br />1.1 LiveBarn shall, at its own expense, install and <br />maintain all hardware, software and internet bandwidth <br />required for the operation and maintenance of the <br />Automated Online Broadcast Service relating to each Ice <br />Rink Sheet. The initial installation will occur within six <br />months from the date of this Agreement (such six-month <br />date being herein referred to as the "Latest Install Date"); it <br />will be scheduled with the written (including via email) <br />approval of Venue Owner, and concurrently with the <br />installation, LiveBarn will specifically explain to Venue <br />Owner representative onsite exactly where any hardware or <br />other components will be installed. Installation will then <br />only proceed with the consent of Venue Owner, which <br />consent will be deemed upon LiveBarn undertaking its <br />installation. The initial installation for each Ice Rink Sheet <br />shall include one (1) computer, one (1) router, one (1) <br />modem, between one (1) and three (3) power converters, <br />and up to two (2) cameras to be placed on the side walls or <br />on the beams or columns extending from the walls. The <br />internet connection and computer shall be located adjacent <br />to the respective Ice Rink Sheet in a secure location with <br />electrical power outlets. The exact selection of camera <br />locations will be made after consideration for optimal <br />broadcast quality and avoidance of any obstruction. Any <br />modification to the installation will only be undertaken <br />with the permission and process with Venue Owner as <br />outlined above. Venue Owner shall assume the cost of <br />electricity for the components installed in connection with <br />this Agreement. <br />1.2 In addition LiveBarn shall, at its expense and <br />upon Venue Owner’s request, install one TV which will <br />display a combination of LiveBarn highlights and a live <br />feed, as well as additional LiveBarn information. <br />1.3 Title to all hardware, software, and wiring shall <br />remain in the name of LiveBarn. <br />1.4 Subject to sections 1.8 and 1.9 below, all content <br />streamed using the Automated Online Streaming Service, <br />including the video and audio relating to all sports and <br />recreational activities occurring on each Playing Surface <br />(collectively, the “Content”) will be made available to <br />subscribers of the LiveBarn Platform or the MNHockey.Tv <br />Platform (as determined by LiveBarn). In addition, per <br />copyright for specific events, the Content may be made <br />available only to users on an alternative platform. In either <br />case, LiveBarn will determine the pricing for the applicable <br />platfrom. From time to time, LiveBarn may provide a free <br />trial at its discretion.All content broadcast using the <br />Automated Online Broadcast Service, including the video <br />and audio relating to all sports and recreational activities <br />occurring on each Ice Rink Sheet (collectively, the <br />“Content”), will be made available to LiveBarn’s <br />subscribers on a monthly subscription basis, subject to <br />Sections 1.7 and 1.8 below. LiveBarn will determine the <br />pricing for its offerings of the Automated Online Broadcast <br />Service. LiveBarn may provide a free trial at its discretion. <br />1.5 Revenue generated from the Automated Online <br />Broadcast Service will be the property of LiveBarn; <br />however, LiveBarn will supply Venue Owner with a unique <br />code (a “Promo Code”) to enable it to market and solicit <br />new memberships for LiveBarn, for which LiveBarn will <br />pay Venue Owner thirty percent (30%) of the Revenue <br />generated from these memberships over the full lifetime of <br />these memberships, during the Term of this Agreement. <br />Such payment is referred to herein as the “Revenue Share <br />Payment.” “Revenue” means gross revenue collected by <br />LiveBarn during the Term for live and on-demand <br />streaming, excluding credit-card processing fees and any <br />customer refunds actually processed and paid out by <br />LiveBarn. The Promo Code will enable Venue Owner to <br />solicit LiveBarn memberships by providing potential <br />members with the attraction of a ten percent (10%) <br />discount. The Promo Code will track the memberships <br />generated by Venue Owner on a quarterly basis. The <br />Revenue Share Payments to Venue Owner will apply only <br />to Revenue collected from LiveBarn memberships <br />Page 19 of 204
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