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Big League Dreams Sports Park A2015-138 BIG LEAGUE Dim se.„7„i -8 LBig League Dreams Sports Park Page 1 of 2 Date: April 27, 2015 City of Chino Hills (Company) and BIG LEAGUE DREAMS SPORTS, LLC ("Big League Dreams") agree as follows with respect to signage at the Big League Dreams Sports Park in Chino Hills, CA (the "Park"). I. Term of Agreement (the "Term"): Twelve (12) full months of signage display rights at the Park commencing June 1, 2015 and terminating May 31, 2016. II. Company agrees as follows: 1. Cash Considerations for the Term: The fee for sign space on the Batting Cage is $4,500/year to be paid upon execution. 2. Sign Design and Production: Big League Dreams does not design signs. Company must furnish design(s) according to Big League Dreams production specifications available upon request. Big League Dreams will produce signs designed by Company for a fee of $800.00 plus tax/sign. These signs are the property of Company and can be claimed by Company at the end of the Term or if replaced with signs of a different design. Company may change signs on a quarterly basis if it so elects subject to payment of the production fee. Design is subject to the approval of Big League Dreams which approval will not be unreasonably withheld. The City of Chino Hills is tax exempt. 3. Exclusivity: No exclusivity is offered or implied under this Agreement. 4. Company understands that independent promoters may, from time-to-time. contract for tournaments and other special events at Bia Leaaue Dreams. On rare occasions maior event promoters may offer event sponsorship exclusivity that temporarily reauires Company's sianaae to be covered. Bia Leaaue Dreams will so notify Company on a case-by-case basis if and when such conflicts occur. A oro-rated refund or renewal credit will be determined by the oercentaae of days that Company's sianaae is covered during the Term. Ill. Big League Dreams agrees as follows: 1. Big League Dreams will display signage as follows: • One (1) 6.5'x 17' Sports banner on the Batting Cage. 2. Big League Dreams maintains all signage in accordance with the esthetic standards of all other graphic displays on the property. Big League Dreams will replace signs produced by Big League Dreams at no expense to Company during this Term if they do not withstand normal weather and playing conditions for the first year after production. Signage that is more than one (1) year old that needs to be replaced will be done at Company expense. 3. The size of all signage is approximate and depends on the exact location. Big League Dreams will locate all signage on the field, or playing area specified by Company. Big League Dreams may modify the specific position on the field or playing area. Signage renewed for an additional Term will continue to be displayed where originally positioned, or moved to a more desirable vacant position within the category of the original sign. Page 2 of 2 IV. Termination and Continuation 1. For a period of thirty (30) days commencing ninety (90) days prior to the expiration of the Term, Company will have Rights of First Negotiation for the renewal of this agreement, and/or for any new forms of advertising or sponsorship offered by Big League Dreams at the Park. 2. After giving written notice specifying the failure, and providing a period of not less than ten (10) business days for the other party to cure the failure, this Agreement may be terminated by either party on written notice if the other party fails to fulfill the terms as stated. 3. Big League Dreams reserves the right to terminate this Agreement with thirty (30) days written notice in the event a competitive company in the same industrial category enters a commercial affiliation with Big League Dreams calling for exclusivity. The unused portion of the total up front contribution will be refunded at the end of the 30-day notification period. V. Conclusion 1. The determination that any provision of this agreement is invalid or unenforceable shall not invalidate this Agreement, all of such provisions being inserted conditionally on their being considered legally valid, and, in such event, this Agreement shall be construed and performed in all respects as if such invalid or unenforceable provision(s)were omitted. 2. Venue for this Agreement shall be in San Bernardino, California, which both parties acknowledge is a convenient forum. The laws of California, except those pertaining to conflict of laws, shall apply and govern this Agreement. This Agreement shall not create a partnership or joint venture. 3. Both Company and Big League Dreams, having read the Agreement and understanding the conditions, agree to enter the same. CITY 0 .CHINO HILLS BIG LEAG DREAMS SPORTS, LLC _— Is!: Is/: _ _ By: / ll ( �fJ--hii/( By: Kevin ora Title: 6@Lfiacpei_, Title: Vice Pre ident, Park Operations Date: 4-m 1;5— Date: sly ( 1 / www.BigLeagueDreams.com