f,

R . J . REYNOLDS TOBACCO INTERNATIONAL, INC .

- AND -

BENETTON FORMULA LIMITED

SPONSORSHIP AGREEMENT

August, 1990

Source: https://www.industrydocuments.ucsf.edu/docs/zyyp0102 AGREEMENT

This Agreement is made the --) 4A day of August, 1990

BETWEEN :

R .J . REYNOLDS TOBACCO INTERNATIONAL, INC ., a corporation incorporated in the State of Delaware, U .S .A ., whose address is 401 North Main Street, Winston-Salem, NC 27102, ("REYNOLDS")

AND :

BENETTON FORMULA LIMITED, a company incorporated in England whose address is Unit 6, Larigham Park, Catteshall Lane, Godalming, Surrey GU7 1DHM (the "Team") :

WHEREAS : (A) REYNOLDS, for the purposes of the promotion and advertising of its corporate and brand images through CAMEL cigarettes and other CAMEL products on a worldwide basis, wishes to achieve publicity by sponsoring one or more Formula One Grand Prix Racing Teams taking part in the 1991 and 1992 FIA World Championships . (B) The Team has substantial and successful experience in operating a Formula One racing team .

NOW IT IS HERf:BY AGREED as follows :

Definitions

In this Agreement the following words shall have the following meanings : "Compete" means the entering at Race Events of two Racing Cars in a raceworthy condition with all necessary spares and replacement parts together with such staff, equipment, lubricants and fuels as is necessary to ensure (i) that both Racing Cars pass the scrutineer's test for competition in each of the Race Events and (ii) that in each Racing Event each Racing Car has at least left the pit lane and been driven on the track in the opening practice sessions of such Race Event .

"Competitor" means any person, firm, company or body (oother than REYNOLDS) producing any or all of the following :

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Source: https://www.industrydocuments.ucsf.edu/docs/zyyp0102 Cigarettes Other tobacco products Smoking accessories

"the Drivers" means Nelson Piquet ("Piquet") and Alessandro Nannini ("Nannini") who shall be engaged by the Team to drive the Racing Cars .

"Personal Appearances" means an all day ex-race personal appearance for promotional purposes . "the Racing Cars" means the Team's Formula One racing cars . "Race Event" means each Formula One World Championship - Grand Prix race event in the relevant year . "Racin Team" means the Team's Formula One racing team . "REYNOLDS Group" means REYNOLDS and RJR Nabisco, Inc . and the subsidiaries of either of them at the date hereof .

2 . Duration

This sponsorship shall come into full force and effect on the signing hereof arid, subject to paragraphs 8, 9 and 10, shall terminate on 31st December . 1992 .

3 . The Team"s Undertakings The Team hereby undertakes to REYNOLDS that :

(a) The Team will Compete with two Racing Cars driven by the Drivers in the first Race Event of the 1991 Championship season and thereafter in each Race Event held for the term of this Agreement . (b) The Team shall' abide by the rules and regulations applicable to it by virtue of its participation in the FIA World Championship at each Race Event and shall duly conduct itself, and procure that the Drivers conduct themselves, in such a manner that will not lead it or its sponsors to being injured, brought into disrepute or ridiculed or lessen their public reputation, goodwill or favorable image .

(c) CAMEL identification in CAMEL yellow and blue colors shall be carried or displayed on (i) the Drivers' overalls and helmets in accordance with the sizes and locations shown in the diagrams set out in Appendices I and II, (ii) the Racing Cars in accordance with the sizes and locations shown in the diagrams of the Racing Cars set out in Appendix III, (iii) the Team's coaches, trucks and service vehicles in accordance with the diagrams set out in Appendix IV, and (iv) on the Team's uniform for all team personnel (except the Drivers) in accordance with the diagrams

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Source: https://www.industrydocuments.ucsf.edu/docs/zyyp0102 set out in Appendix V . The diagrams for Appendix IV and V shall reflect a color scheme which features the same colors and proportions as the colors found on the Race Cars . REYNOLDS will supply the Team with appropriate paint specifications for the Racing Cars and Team vehicles .

(d) Subject to the Team's reasonable requirements for racing or testing, the Team shall require the Drivers, Piquet and Nannini, to make themselves available to REYNOLDS for a minimum of 4 and 10 Personal Appearances, respectively, in each year for the duration of this Agreement, starting from 1st January, 1991 and at each such appearance the Team shall procure that the Drivers shall wear clothing carrying CAMEL identification as provided by REYNOLDS or as agreed in advance with REYNOLDS . The reasonable expenses of the Drivers (travel, hotel, and hire car) will be paid by REYNOLDS .

(e) The Team will provide REYNOLDS with a minimum of 6 FOCA plastic passes, 2 of which will carry a photograph of the individual to whom each pass is assigned, 9 FOCA paper passes and 1 FOCA team personnel car park parking pass, for each Race Event .

(f) The Team shall procure that, unless prevented by the application of any laws or other regulations which govern motor racing sponsorship by cigarette manufacturers, all the Team's publicity shots of the Racing Cars shall show the CAMEL identification carried on the Racing Cars in accordance with sub-clause 3(c) above and shall include the Team name set forth in sub-clause 3(i) below and all the Team's press releases and publicity material shall include the team name in a position and size which is prominent as compared to the logos of other sponsors of the Team .

(g) The Team will obtain from the Drivers and such other Team personnel as REYNOLDS shall from time to time request a Release in the form of Appendix VI .

(h) The Team shall, and shall procure that the Drivers shall : (i) whenever dealing with the press and members of the motor racing fraternity, do so in a fully professional manner so as to uphold the status of the Team and of REYNOLDS ; (ii) co-operate conscientiously with REYNOLDS in the promotional and social functions of REYNOLDS ; and (iii) acknowledge that all race and test driving activities in respect of this Agreement are carried out at their own risk . (i) The Team shall require that all its sponsors and any other persons associated with the Team refer to the designated name of the Racing Cars and the Team as "CAMEL BENETTON FORD" .

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Source: https://www.industrydocuments.ucsf.edu/docs/zyyp0102 (j) REYNOLDS shall be the prime sponsor of the Team, the Drivers, and the Racing Cars throughout the term of this Agreement . REYNOLDS shall have the right to be consulted and informed by the Team as to t:he color, number, location, and size of display of logos of all additional Team sponsors on the Drivers' overalls and helmets and on the Racing Cars, the Team personnel uniform, car transporters and support vehicles, and in no event shall another sponsors' logos or lettering on any such items be larger in height than the height of the largest "CAMEL" lettering on such iteri without REYNOLDS prior written approval . No identification colors or logos of any sponsor other than the logos of Mobil Oil Company, Ford Motor Company and United Colors of Benetton (in the approximate size and position indicated on Appendix III) shall appear in the CAMEL Yellow areas designated on the Racing Cars, as specified on Appendix III, without REYNOLDS prior written approval . So long as Autopolis is a Team sponsor, the primary color for all areas on the Racing Cars assigned to Autopolis (See Appendix III) shall be CAMEL Blue . In the event the Team loses Autopolis as a sponsor, the Team shall use its best efforts to find a substitute sponsor(s) which will retain CAMEL Blue as, or permit CAMEL Yellow to be, the primary color of the applicable Racing Car areas formerly allocated to Autopolis . In no event shall "red" be the primary body paint color on any Racing Car area assigned to any sponsor without the prior written approval of REYNOLDS . During the term of this Agreement, no more than two primary Racing Car body paint colors other than CAMEL yellow may appear on the Racing Cars without REYNOLDS prior written approval, which shall not be unreasonably withheld . In all events the Team hereby agrees and acknowledges that in any displays of Team sponsors, the REYNOLDS "CAMEL" sponsorship (or other REYNOLDS sponsorship permitted hereunder pursuant to paragraph 8) shall be the most prominently displayed sponsorship wherever the Racing Cars or displays appear or are carried pursuant to the terms of this Agreement . (k) Save where FIA regulations require otherwise, the Drivers will at all times in the racing arena and when appropriate wear an all yellow cap carrying the Team name, CAMEL BENETTON FORD . (See para . 3 (i)) . (1) The Team shall procure that REYNOLDS shall have the use at each Race Event of the Benetton Motorhome(s), such use to be in accordance with a code of use agreed between the parties . In addition, the Team will use its best efforts to procure from the appropriate authorities a motorhome space in the area deemed to be the Formula 1 paddock, for exclusive occupation by a hospitality vehicle sponsored by REYNOLDS, bearing CAMEL identification and managed by personnel of REYNOLDS choice .

(m) The Team undertakes to loan to REYNOLDS and maintain to display standard, free of charge, two fully liveried full scale display cars for the duration of the contract, as well as whatever trailers, transporters or personnel may be required for their safe transportation . Insurance and transportation costs will be -5-

Source: https://www.industrydocuments.ucsf.edu/docs/zyyp0102 borne by REYNOLDS in addition to a fee payable to the Team of £100 .00 per day per display car for the time the display car is absent from its place of storage .

(n) The Team shall use its best endeavors to encourage and assist in the development and implementation of advertising, publicity materials and other promotional programs on a worldwide basis (where possible) and in which the REYNOLDS sponsorship is clearly displayed amongst the other important sponsors of the team, these being United Colors of Benetton, Mobil Oil Company, Ford Motor Company and Nippon Autopolis Co . Ltd . (o) The Team shall have supplied REYNOLDS prior to the date hereof with an agreement between the Team and Ford Motor Company which permits the Team to use Ford Formula 1 type engines in the Team's Racing Cars during the term of this Agreement .

4 . Sponsorship Fee, Bonuses, and Rebates

(a) REYNOLDS shall pay the Team a sponsorship fee of eight million pounds sterling (£8,000,000) for the 1991 FIA Formula 1 World Championship season and eight million eight hundred thousand pounds sterling (£8,800,000) for the 1992 FIA Formula 1 World Championship season (the amounts in 1991, 1992, and any subsequent year covered by the Agreement shall be inclusive of any applicable taxes payable in respect thereof and shall be paid subject to deduction of any applicable withholding taxes), Provided that :

(i) If this Agreement is lawfully terminated by REYNOLDS before all the Race Events in any FIA World Championship season covered by this Agreement have been held, the sponsorship fee shall be reduced by 1/16 (if this Agreement is extended pursuant to paragraph 10 then for years subsequent to 1992, the numerator of the fraction shall be one and the denominator shall be the number of Race Events due to be held in the relevant year) for each Race Event of the FIA World Championship due to be held during the applicable season after such termination . If a termination occurs during the 1991 season, REYNOLDS shall have no payment obligations to the Team hereunder for the 1992 season . Any over payment shall be repaid forthwith on demand by the Team to REYNOLDS . (ii) Upon the occurrence during the term of this Agreement of either or both of (a) a Driver's failure to Compete in a Race Event or (b) a Driver's failure to wear, while competing in a Race Event, the CAMEL or other identification as required hereunder (either (a) or (b), a "Failure"), the Team shall provide, if necessary, a substitute driver or drivers approved by REYNOLDS (such approval not to be unreasonably withheld) who shall Compete in the next Race Event carrying CAMEL identification in compliance with the terms of the Agreement . Upon the occurrence of a second -6-

Source: https://www.industrydocuments.ucsf.edu/docs/zyyp0102 Failure, the sponsorship fees for the applicable year shall be reduced by an amount which shall be 1/32 per Driver per Failure, including the first Failure . If this Agreement is extended pursuant to paragraph 10 then for years subsequent to 1992 the numerator of the fraction shall be one and the denominator shall be twice the number of Race Events due to be held in the relevant year . No "Failure" shall be deemed to have occurred with respect to any Race Event in which the Drivers are prohibited by the laws and regulations governing the use of cigarettes or tobacco trademarks in motor racing sponsorships in the jurisdiction where such Race Event or Race Events are held from wearing the CAMEL or other identification required by REYNOLDS pursuant to the terms of this Agreement . Any overpayment shall be repaid on demand by the Team to REYNOLDS . (b) The sponsorship fee for the 1991 season shall be paid in installments as follows : (i) £2,000,000 on or before 1st December 1990 ; (ii) £2,000,000 on or before 1st March 1991 ; (iii) £2,000,000 on or before 1st June 1991 ; and (iv) £2,000,000 on or before 1st December 1991 . (c) The sponsorship fee for the 1992 season shall be paid in installments as follows :

(i) £2,200,000 on or before 1st December 1991 ;

(ii) £2,200,000 on or before 1st March 1992 ;

(iii) £2,200,000 on or before 1st June 1992 ; and

(iv) £2,200,000 on or before 1st December 1992 .

(d) REYNOLDS will discuss any additional payments to the Team beyond the 1992 sponsorship fees which may be necessary to secure the best available Team drivers for the 1992 season . (e) As an addition to or a reduction of the sponsorship fees otherwise payable to the Team hereunder, REYNOLDS shall, following receipt of the official results of the FIA Formula One Constructors World Championship (the "Constructors Championship") in any race season covered by this Agreement, either pay the Team on the final December sponsorship fee installment date the following success bonuses or receive as a credit against the final December sponsorship fee installment the following rebates (if such December installment is insufficient to credit the Team's entire rebate obligations hereunder any additional amounts due REYNOLDS hereunder shall be payable upon demand) :

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Source: https://www.industrydocuments.ucsf.edu/docs/zyyp0102 (i) if the Team wins the Constructors Championship, REYNOLDS shall pay to the Team U .S . $2,000,000 ; (ii) if the Team takes second place in the Constructors Championship, REYNOLDS shall pay to the Team U .S . $500,000 ;

(iii) if the Team takes third place in the Constructors Championship, no payment by either party of bonus or rebate is required ; (iv) if the Team takes fourth place in the Constructors Championship, the Team shall pay to REYNOLDS U .S . $500,000 ;

(v) if the Team takes fifth place in the Constructors Championship, the Team shall pay to REYNOLDS U .S . $2,000,000 ; and (vi) if the Team takes sixth place or below in the Constructors Championship, the Team shall pay to REYNOLDS U .S . $2,500,000 . (f) For so long as Nelson Piquet is one of the Drivers, REYNOLDS shall pay to the Team a success bonus of £80,000 in respect of each Race Event won by Nelson Piquet . No bonus shall be due in respect of any other Driver who wins a Race Event .

(g) Payment obligations which have accrued prior to the termination of this Agreement shall survive any such termination . 5 . Indemnity (a) The Team shall defend, indemnify and hold harmless the REYNOLDS Group, its officers, employees, and directors from and against any and all claims, judgments, liabilities, losses, demands, costs and expenses, including reasonable attorney's fees and expenses arising from any and all activities of the Team including, but not limited to, any personal injuries or property damage arising from Race Events, other races, race preparations and practices, transport of vehicles, other Team equipment, defects in the Racing Cars and the other Team vehicles or injury of breach of contract claims by any third party or by the Drivers or by the Team's employees, agents and contractors ; Provided only that this sub-paragraph shall not apply to the extent that any claim, judgment, liability, loss, demand, cost or expense arises from negligence on the part of REYNOLDS, any company in the REYNOLDS' Group or the Directors, officers or employees of REYNOLDS or any such company .

(b) If any claim or other demand is brought against or otherwise notified to REYNOLDS in respect of which indemnity may be sought from the Team, REYNOLDS shall notify the Team of such claim or other demand and the Team shall take on at its own expense in the name of REYNOLDS the defense of such claim or any negotiations to settle the same and REYNOLDS shall make no admission which might

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Source: https://www.industrydocuments.ucsf.edu/docs/zyyp0102 be prejudicial thereto but shall give the Team all reasonable assistance in the conduct and settlement of such claim or other demand provided that :

(i) the Team will consult with REYNOLDS before making any final settlement of any such claim and (ii) REYNOLDS shall remain free to retain at its own expense its own counsel to conduct or otherwise advise on .its defense but shall in no event make any settlement of any claim without the prior consent of the Team . (c) This indemnity shall survive any termination of this Agreement .

6 . Insurance The Team agrees to obtain and maintain at its own expense during the term of this Agreement and for two years (24 months) past the termination of this Agreement Comprehensive General Liability Insurance, including Products/Completed Operations Liability coverage and the Team shall use its best efforts to also include in such insurance Contractual Liability coverage specifically endorsed to cover the indemnity stated in paragraph 5, covering all races and race preparations with a Combined Single Limit of no less than U .S . $3,000,000 (or the equivalent currency thereof) per occurrence of Bodily Injury (including death) and/or Property Damage, to include attorney's fees and expenses, and to obtain and maintain at its own expense during the term of this Agreement Comprehensive Automobile Liability Insurance for all associated vehicles used in transporting the Team's Racing Cars, all associated equipment of a related nature, and team members with a Combined Single Limit of no less than U .S . $1,000,000 (or the equivalent currency thereof) per occurrence of Bodily Injury (including death) and/or Property Damage, with all such insurance policy or policies naming the REYNOLDS Group as an . "Additional Insured" . The Team further agrees to deliver or have delivered to REYNOLDS a signed copy certificate or copy certificates of insurance issued by an Insurer that is acceptable to REYNOLDS and, if requested, a certified copy of the entire insurance contract including all applicable endorsements evidencing the indicated insurance outlined above . The Team shall give to REYNOLDS no less than thirty (30) days prior written notice of cancellation or any material change that would reduce or restrict the coverage or limits of such insurance . This paragraph 6 shall survive any termination of this Agreement .

7 . Publicit .y and Advertising

(a) REYNOLDS shall have the right to publish and use in any way REYNOLDS considers desirable for advertising and promotional purposes the names, voices, signatures and photographs of the Drivers and photographs, videotapes and films of the Drivers, Racing Cars, the Team equipment and personnel (subject at all times to good taste) Provided that (i) in preparing any such promotional materials REYNOLDS shall ensure, so far as

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Source: https://www.industrydocuments.ucsf.edu/docs/zyyp0102 practicable and subject to any applicable law, that it does not obscure and/or obliterate the identification of other sponsors of the Team and (ii) following the termination of this Agreement REYNOLDS shall not authorize or initiate the use of any further advertising or promotional material using any such names, voices, signatures, photograph, video tapes or films . The parties further agree that such right shall not include the right to require the Drivers personally to endorse or be characterized as endorsing tobacco products in their individual capacity IT BEING EXPRESSLY PROVIDED THAT the foregoing is without prejudice to the Drivers' obligations to endorse such products in their capacity as a driver of the Racing Cars (for example, tobacco product advertising which includes in their original form scenes on film or video footage and print or still photographs of the activities of the Drivers while racing or performing other activities for the Team or REYNOLDS) . (b) The Team shall procure with respect to each of its other sponsors that each such sponsor shall ensure, so far as practicable and subject to any applicable law, that in preparing advertising or promotional material each such sponsor does not obscure or obliterate the CAMEL identification carried on the Drivers' overalls and helmets and on the Racing Cars . (c) The Team shall procure that, save as otherwise specifically agreed in writing by REYNOLDS in advance, the Drivers and other Team personnel shall not during the term of this Agreement undertake any advertising or promotional work for any company or other entity which is a Competitor of the REYNOLDS Group .

(d) The Team hereby grants to REYNOLDS, or shall procure the grant to REYNOLDS of, the right to use the word "BENETTON" and "FORD" in any advertising and promotional material in connection with REYNOLDS' sponsorship of competitive motor racing and on or in connection with any related REYNOLDS' product or service existing during the term of this Agreement ; provided, that following the termination of this Agreement REYNOLDS shall not initiate or authorize any'further advertising or promotional material using the word "BENETTON" or "FORD" .

(e) The Team represents and warrants to REYNOLDS that it either has the power to grant or will use its best efforts to procure the rights specified in sub-clause 7(d) above and that no further payment shall be required from REYNOLDS in respect of the grant or acquisition of such rights .

8 . Restrictions or prohibitions on identification

(a) In the event that at any time during the term of this Agreement the laws or other regulations (including voluntary advertising codes) governing the use of cigarettes or tobacco trademarks in motor racing sponsorships within the EEC and/or in any other jurisdictions in which Race Events are held or in which it is proposed Race Events will be held, make REYNOLDS' sponsorship of

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Source: https://www.industrydocuments.ucsf.edu/docs/zyyp0102 the Team illegal, or, in REYNOLDS sole judgment, uneconomic, REYNOLDS may at any time thereafter (at REYNOLDS option) :

(i) require that at any Race Event or Race Events the Drivers and the Racing Cars carry the identification of "CAMEL RACING SERVICES" or the CAMEL beast or the logo or trademark of any product of the REYNOLDS Group or any other logo or identification that REYNOLDS may reasonably require ; or

(ii) assign to any member of the REYNOLDS Group, in order that a REYNOLDS Group product other than CAMEL may sponsor the Team, all of its rights or obligations under the Agreement, or assign, subject to the Team's prior approval, which approval shall not be unreasonably withheld or delayed, any or all of its rights and obligations under this Agreement to any third party ; or

(iii) terminate its Team sponsorship obligations for the 1992 season provided that written notice of such termination is made to the Team before 1st June 1991 and following which all REYNOLDS' and the Team's obligations under this Agreement for the 1992 season shall terminate, except as otherwise provided herein .

9 . Termination Notwithstanding any other provision herein contained, this Agreement may be terminated immediately upon written notice :

(a) by E!ither party to the other immediately upon the failure by the other party to remedy any breach of this Agreement within 30 days of receipt of written notice requesting such remedy ; (b) by either party to the other immediately upon the assignment by the other party of all or any substantial part of its assets thereof for the benefit of creditors ; (c) by either party to the other :

(i) if an order is made or an effective resolution passed for the liquidation, winding-up, dissolution or other similar proceedings of the other party otherwise than for the purpose of reconstruction, reorganization, or amalgamation and such proceedings are not discharged within 21 days ;

if an encumbrancer takes possession or a receiver or administrator is appointed over all or any part of the assets or undertaking of the other party ;

(iii) if the other party becomes insolvent, enters into a voluntary arrangement with any of its creditors, is unable to pay its debts or admits in writing its inability to pay its debts as they fall due .

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Source: https://www.industrydocuments.ucsf.edu/docs/zyyp0102 If REYNOLDS is the innocent party then during the 30-day period referred to in sub-clause (a) above or the 21-day period referred to in sub-clause (c) above, REYNOLDS' obligations to pay the sponsorship fee shall be suspended and thereafter, upon service of notice as specified above, such payment obligations shall terminate . Termination of this Agreement shall be without prejudice to the accrued rights and liabilities of either party . 10 . Future Acireement (a) Provided REYNOLDS does not exercise its right of termination under paragraphs 8 or 9, the Team hereby grants REYNOLDS the right (at REYNOLDS' option) to continue this Sponsorship Agreement with the Team for the 1993 FIA World Championship season upon the terms and conditions as set out in this Agreement save that the sponsorship fees payable in 1993 shall be as set out below . (b) The sponsorship fee for the 1993 season shall be the aggregate of twelve million pounds sterling (£12,000,000) payable in installments as follows : (i) £3,000,000 on or before 1 December 1992 ; (ii) £3,000,000 on or before 1 March 1993 ; (iii) £3,000,000 on or before 1 June 1993 ; (iv) £3,000,000 on or before 1 December 1993 . (c) REYNOLDS shall have until June 30, 1992 to exercise its option to sponsor the Team in 1993, such option to be exercised by notice in writing to the Team . (d) By April 1992 REYNOLDS will discuss any additional payments to the Team beyond the 1993 sponsorship fees which may be necessary to secure the best available Team drivers or to perform any proposed engine development or other R&D program for the 1993 season .

11 . Consents The Team undertakes to secure all consents, licenses, and permits necessar;y for the full operation of this Agreement .

12 . No Partnership It is agreed that all matters affecting race participation, operation of the Racing Team and the employment of the Drivers are the responsibility of the Team and that the support of REYNOLDS extends solely to the promotions field . The Team and REYNOLDS are and shall remain independent contractors and nothing herein contained or done pursuant hereto shall be construed to create any relationship of

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Source: https://www.industrydocuments.ucsf.edu/docs/zyyp0102 partnership, principal and agent or employer and employee between the Team and REYNOLDS .

13 . Confidentiality The parties hereto agree to keep confidential the contents of this agreement and agree that neither will at anytime either during or after the end of this agreement disclose the contents hereof to any person or persons whatsoever (other than their professional advisers, any fiscal authorities or as required by law) save with the express written consent of the other .

14 . Notices

Any notices required shall be in writing and if not delivered by hand or by facsimile, shall be deemed given the fifth day immediately following the date mailed if sent by first-class prepaid postage (airmail, if appropriate), addressed to the General Manager of the Team or to the President of REYNOLDS, as the case may be . 15 . Waiver The failure of the Team or REYNOLDS, as the case may be, to seek redress for violation of, or to insist upon strict performance of, any term or condition of this Agreement shall not constitute a waiver or in any way limit or prevent subsequent enforcement of any such term or condition . 16 . Enforceabilit

In the event that any part of this Agreement shall be declared unlawful or unenforceable by a court of competent jurisdiction, such part shall be deleted and the remainder of this Agreement shall remain in full force and effect .

17 . Whole Agreement

This Agreement contains the entire agreement of the parties and supersedes all prior agreements, arrangements, and letters of intent between the parties, both written and oral . This Agreement may not be amended except by the written agreement of REYNOLDS and the Team .

18 . Governing Law This Agreement, its construction and interpretation shall be governed solely by the internal laws of England without giving effect to any provisions regarding conflicts of laws, to whose jurisdiction both parties agree to submit .

Source: https://www.industrydocuments.ucsf.edu/docs/zyyp0102 R . J . REYNOLDS TOBACCO INTERNATIONAL, INC .

By : Title :

Source: https://www.industrydocuments.ucsf.edu/docs/zyyp0102 Basic overall to be Camel yellow with Camel blue letterinR and silver outline

BtZV LSSIS

"CAMEL" shall be the dominant sponsor . No other sponsors' logos or lettering shall be larger in height than the height of the "CAMEL"Source: lettering https://www.industrydocuments.ucsf.edu/docs/zyyp0102 on the applicable side of the overalls . CAMEL LOGO AREA TO BE EQUAL IN SIZE TO cm THAT OCCUPIED BY "BULOVA" ON NELSON pIQUET'S FRO NT HELMET IN 1990 .

"CAMEL" shall be the dominant sponsor . No other cm sponsors' logos or lettering shall be larger in GA"SeAt height than the height of the "CAMEL" lettering . 6VZV LSSIS Alk Source: https://www.industrydocuments.ucsf.edu/docs/zyyp0102 YELLOW

"CAMEL" shall be the dominant sponsor . No other sponsors' logos or lettering shall be larger in height than the height of the "CAMEL" lettering . The Team shall use its best efforts to keep "blue" those areas to be painted "blue" above . "Red" shall not appear as a primary color in any area indicated above without REYNOLDS prior consent .

OSZfii LSSIS

Source: https://www.industrydocuments.ucsf.edu/docs/zyyp0102 ©

MINIMUM OF 50% OF MOTORHOME, TRUCKS AND SERVICE VEHICLES TO BE YELLOW "CAMEL" shall be the dominant sponsor and the "CAMEL" logo in "blue" shall appear in the yellow space allocated to "CAMEL" . No other sponsors' logos or lettering shall be larger in height than the height of the "CAMEL" . TSZ'V LSSIS Source: https://www.industrydocuments.ucsf.edu/docs/zyyp0102 YELLOW YELLOW

?V

"CAMEL" shall be the dominant sponsor . No other sponsors' logos or lettering shall be larger in height than the height of the "CAMEL" lettering . Team crew pants to be "CAMEL" blue .

ZSZV LSSTS Source: https://www.industrydocuments.ucsf.edu/docs/zyyp0102 APPENDIX VI RELEASE

I, the undersigned, and my successors and assigns in connection with the sponsorship by R . J . REYNOLDS TOBACCO INTERNATIONAL, INC . ("REYNOLDS") of the Benetton Formula Limited racing team ("BENETTON"), hereby release REYNOLDS, RJR NABISCO, INC . and their respective subsidiaries, officers, employees, directors, and agents, from any and all claims or liability based on any claims that I may have or may in the future have arising out of my efforts on behalf of the Team including, but not limited to :

(a) any claims involving property damage or personal injury ; and/or (b) any claim based on REYNOLDS' use, subject to the use being in accordance with the terms of the sponsorship agreement between BENETTON and REYNOLDS, of my name or my voice or my picture or other representations of my physical likeness for REYNOLDS' promotional and advertising activities provided that I shall not be specifically characterized as endorsing tobacco products or any other REYNOLDS' product in my individual capacity IT BEING EXPRESSLY AGREED that the foregoiny is without prejudice to my obligation to endorse tobacco products or any other REYNOLDS' product in my capacity as a Driver for the Team (for example, tobacco product advertising which includes scenes on film or video footage and print and still photographs of me while racing or performing other activities for the Benetton Team) .

Signed and delivered by :

In the Presence of :

Dated : , 1990

AS/4oo :RJRBENET

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Source: https://www.industrydocuments.ucsf.edu/docs/zyyp0102