UK Athletics Access Agreement Revised
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the Access Agreement and the version at Schedule 2 is a clean version of the track changed version. 2.2 With effect from the date of execution of this Agreement, the Access Agreement shall be amended and restated as set out in Schedule 2. 3 FEE 3.1 In consideration for UKA agreeing to the changes to the Access Agreement, the Granter shall pay to UKA the total sum of £400,000 plus VAT (the Fee), in cleared funds upon execution of this Agreement. 3.2 The Parties agree that the Fee is a one-off payment in consideration for the changes to the Access Agreement and no further sums shall be payable by the Granter to UKA in respect thereof. 4 COUNTERPARTS This Agreement may be executed by way of counterparts, which when taken together will constitute one and the same agreement, and any Party may enter into this Agreement by executing a counterpart. 5 GOVERNING LAW This Agreement and any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with it or its subject matter or formation shall be governed by and construed in accordance with the law of England and Wales. 6 JURISDICTION Each Party irrevocably agrees that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with this Agreement or its subject matter or formation. UKA ACCESS AGREEMENT 17MAY2013 E20 STADIUM LLP as the Grantor and UKATHLETICS LIMITED asUKA CONTENTS Clause Page I. DEFJNITIONSANDJNTERPRETATION ........................................................................................... 1 2. TERM ................................................................................................................................................... 19 3. PRE-CONCESSION WORKS AND COMMENCEMENT DATE ..................................................... 20 4. ATHLETICS EVENT CALENDAR........................................ ............................................................ 21 5. UKA EVENTS ..................................................................................................................................... 25 6. MAJOR CHAMPIONSHIP & MAJOR SPORTJNGEVENTS .......................................................... 26 7. ATHLETICS EVENT MANAGEMENT.......................................................... ................................... 28 8. UKACOVENANTS ......................................... .................................................................................... 29 9. GRANTOR COVENANTS .................................................................................................................. 32 10. NAMJNGAND SIGNAGERIGHTS .................................................................................................. 37 11. UKA PERSONNEL. ............................................................................................................................. 43 12. HEALTH AND SAFETY .................................................................................................................... 44 13. JNSURANCE ....................................................................................................................................... 45 14. MAJNTENANCE................... .............................................................................................................. 45 15. POSTPONEMENT, CANCELLATION OR RELOCATION OF ATHLETICS EVENTS ................ 46 16. REFRESHMENTS, CATERJNGAND ANCILLARY SERVICES .................................................... 48 17. ADMISSION CHARGES .................................................................................................................... 49 18. MAJNTENANCEFEE, SUPER PROFIT PAYMENTAND OPERATJN G COSTS PAYMENTS .. 49 19. INDEXATION..................... ................................................................................................................ 51 20. ACCOUNTJNG .................................................................................................................................... 51 21. ATHLETICS EVENT TICKETS ......................................................................................................... 52 21A GRANTOR'S EXECUTIVE BOX RIGHTS ....................................................................................... 53 21B GRANTOR'SVIP TICKETS RIGHTS ........................................................................54 22. STAFF .................................................................................................................................................. 54 23. MARKETJNG.......... ............................................................................................................................ 54 24. AGENTS AND FUTURE OPERATORS ............................................................................................ 56 25. POLICE ................................................................................................................................................ 56 26. EXCLUSIVE CONTRACTORS AND PERSONNEL................. ....................................................... 56 27. FORCE MAJEURE .............................................................................................................................. 56 28. TERMJNATION.......................... ........................................................................................................ 57 29. EFFECT OF TERMJNATION ............................................................................................................. 58 30. VALUE ADDED TAX ......................................................................................................................... 58 31. GROSS-UP ........................................................................................................................................... 59 32. SET-OFF .............................................................................................................................................. 59 33. ENTIRE AGREEMENT ...................................................................................................................... 60 34. FURTHERASSURANCE ................................................................................................................... 60 35. CONFIDENTIALITYAND ANNOUNCEMENTS........................... ................................................. 60 36. FREEDOM OF INFORMATION ........................................................................................................ 62 37. SEVERANCE ....................................................................................................................................... 63 38. CHANGESTO THE PARTIESAND AMENDMENT ....................... ................................................ 64 39. EXCLUSION AND LIMITATIONOF LIABILITY ........................................................................... 64 40. INDEMNITIES............ ........................................................................................................................ 64 41. JNTELLECTUAL PROPERTY ........................................................................................................... 66 42. GOVERNJNG LAW........ ..................................................................................................................... 69 43. EXPERT DETERMJNATION............................... .............................................................................. 69 44. OTHER DISPUTES ............................................................................................................................. 70 45. LEGAL RELATIONSHIP.............................. ...................................................................................... 70 46. NOTICES ............................................................................................................................................. 70 47. THIRD PARTY RIGHTS.............................. ....................................................................................... 71 48. SURVIVAL .......................................................................................................................................... 71 49. COUNTERPARTS ............................................................................................................................... 71 Schedule I. Stadium Plans, Island Plan, Seating Plan and Park Plan Part I Stadium Plan Part 2A Seating Plan (Variant A) Part 2B Seating Plan (Variant B) Part 2C Seating Plan (Variant C) Part 3 Island Plan Part4 Park Plan 2. Excluded Categories 3. Stadium Specifications 4. Ticketing Policy and Requirements Part 1 Number and Type of Tickets Part 2 Ticketing Terms and Conditions Part 3 Ticketing Policy Part 4 Granter Ticket Allocation 5. Insurance 6. Commercially Sensitive Infonnation Part I Commercially Sensitive Contractual Provisions Part 2 Commercially Sensitive Material 7. Park Branding Restrictions Part 1 Park Branding Restrictions Part 2 Located In Mark 8. UKA'sMarks 9. Community Plan Signatories THIS AGREEMENT is made the seventeenth day ofMay2013 BETWEEN: (1) E20 STADIUM LLP, a limited liability partnership incorporated under the laws of England and Wales (Registered No. OC376732) whose registered office is at Level 10, 1 Stratford Place, MontfichetRoad, London E20 IEJ (the Grantor); and (2) UK ATHLETICS LIMITED, a company limited by guarantee incorporated under the laws