Laserfiche WebLink
<br />. <br /> <br />EXHIBIT B <br />REVENUE SHARING <br /> <br />Revenue generated by the Facility shall be shared between the Parties as follows: <br /> <br />1. TICKETS <br /> <br />a. An Admission Tax (currently 10%) paid to the City of Portsmouth in accordance <br />with applicable law; <br /> <br />b. $2,000.00 flat payment to Owner for each Pavilion Event for which tickets are <br />sold, except for events held pursuant to Section 4.4, paid monthly on or before the 20th day of the <br />month following the month in which such amount accrued; <br /> <br />c. Manager to pay all costs associated with its booked events (except expenses for <br />which the Owner is responsible as specifically stated herein), including, but not limited to: <br /> <br />. <br /> <br />Advertising <br />Catering & Hospitality <br />Forklift <br />Riggers <br />Show Equipment Rental <br />Stagehands <br />Ticket Printing <br />Ushers <br /> <br />ASCAP/BMI/SESAC <br />Credit Card Charges <br />Local Ground Transportation <br />Show Clean up <br />Sound & Lights <br />Support Talent <br />Ticket Sellers <br /> <br />Backline <br />Event Security <br />Production Phone Lines <br />Show Electrician <br />Stage Manager <br />Talent <br />Ticket Takers <br /> <br />d. Balance of Revenue, if any, shall be retained by Manager. <br /> <br />2. FACILITY FEE AND INCENTIVE <br /> <br />a. Facility Fee: $1.00 collected by Manager in connection with Pavilion Events and <br />due to the Owner on every ticket sold over $15.00 ($15.01 & up), to be maintained by Owner in a <br />segregated account in accordance with Section 6.1. The Facility Fee shall be paid to the Owner <br />on or before the 20th day of the month following the month in which such amount is collected. <br /> <br />b. Incentive: An amount of $1.00 (subject to increase as set forth in the Section <br />6.3) collected by Manager and retained by Manager on every ticket sold, in accordance with <br />Section 6.3. The Facility Fee and the Incentive may be listed together on tickets as a "Facility and <br />Management Fee" or "FMF." <br /> <br />3. PARKING FEE <br /> <br />$1.00 will be added to all paid event tickets as a parking fee and shall be due to the <br />Owner on or before the 20th day of the month following the month of collection. <br /> <br />. <br /> <br />22 <br /> <br />