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2005 Resolutions
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2005 Resolutions
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3/13/2006 11:18:03 AM
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3/31/2005 1:59:46 PM
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<br />. <br /> <br />Facility. Manager will provide reasonable advance notice to Owner of any time it desires to use the VIP <br />Lot. The Owner will provide security and traffic control at its cost. Further, to the extent that more than <br />one police officer per 500 attendees is required or more than one fire official is required, such additional <br />charges shall be at the cost of the Owner. <br /> <br />ARTICLE 5 <br />PERSONNEL <br /> <br />Section 5,1 Generally, All Facility staff and other personnel (other than as required <br />for Owner to perform its duties under this Agreement, including without limitation in Section 6.2) shall be <br />engaged or hired by Manager, and shall be employees, agents or independent contractors of Manager (or a <br />subsidiary or affiliate thereof), and not of the Owner. Manager shall select the number, function, <br />qualifications, and compensation, including salary and benefits, of its employees and shall control the <br />terms and conditions of employment (including without limitation termination thereof) relating to such <br />employees, Manager agrees to use reasonable and prudent judgment in the selection and supervision of <br />such personnel. <br /> <br />. <br /> <br />Section 5.2 Non-Solicitation, During the Term, and for a period of two (2) years after <br />the end of the Term, the Owner shall not, without Manager's prior written consent, solicit for employment <br />by the Owner, or encourage to cease rendering services to Manager, any employee of Manager or any <br />affiliate thereof. In the event the Owner breaches this Section 5,2 with the result that the affected <br />employee ceases rendering services to Manager, the Owner shall pay Manager as liquidated damages an <br />amount equal to five (5) year's salary and benefits for such employee. The parties agree that such amount <br />is an estimate ofthe actual damages Manager will suffer as a result of a breach of this Section 5.2, and <br />shall be deemed to constitute liquidated damages and not a penalty of any kind, Alternatively, in the <br />event of a breach, Manager shall be entitled (in addition to any other rights and remedies which Manager <br />may have at law or in equity, including money damages) to equitable relief, including an injunction to <br />enjoin and restrain the Owner from continuing such breach, It is further understood and agreed that no <br />failure or delay by Manager in exercising any right, power or privilege hereunder shall operate as a waiver <br />thereof. <br /> <br />ARTICLE 6 <br />FACILITY FEE <br /> <br />Section 6,1 Facility Fee. As described on Exhibit B, Manager shall collect a "Facility <br />Fee" for each paid admission to a Pavilion Event on tickets with a face cost of $15.01 or more. The <br />Facility Fee will be assessed only on tickets sold for Pavilion Events, As used in this Agreement, <br />"Pavilion Event" shall mean an event that is held exclusively under the covered roof portion of the <br />pavilion, and shall exclude any events held on other portions ofthe Facility, including without limitation <br />on the plaza, Manager shall pay the Facility Fee actuaUy collected to Owner according to the schedule set <br />forth on Exhibit B. The Facility Fee paid to Owner shall be maintained by Owner in a separate capital <br />assets account for the sole limited purpose of provided funding for capital expenditures in connection <br />with the Facility, as more fully described below. Any possible excess in such account shall be expended <br />only for Facility maintenance, upkeep, and capital improvements as provided by this Agreement and not <br /> <br />. <br /> <br />7 <br /> <br />
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