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Textová podoba smlouvy Smlouva č. 32401732: Nákup TV práv

Příloha LIC-22400625_začerněno.pdf

Upozornění: Text přílohy byl získán strojově a nemusí přesně odpovídat originálu. Zejména u strojově nečitelných smluv, kde jsme použili OCR. originál smlouvy stáhnete odsud


                        DaviiddBřilnnččllll,, diigg..ssiglgnneedd

                                                                                              CO J Česká televize

                 PRAGOSPORT

Pragosport, a.s., Na Ořechovce 579/6, 162 00 - Praha 6, Česká republika, IČO 18628010
  Telefon: +4-442200 -233 109 711, Fax: +420 -233 109 712, e-mmaaili:l: office@pragosport.cz

                             SMMLLOOUUVVAA O0 POSKYTNUTÍ PRÁV

POSKYTOVATEL:       Pragosport, a.s.
NABYVATEL:          Na Ořechovce 579/6, 162 00 Praha 6
TITUL (AKCE):       IČ: 18628010
                    DIČ: CZ18628010
                    Česká republika
                    zapsaná v obchodním rejstříku u Městského soudu v Praze,
                    oddíl B., vložka 755
                    zastoupená: Ing. Jaroslav Vacek, člen představenstva
                    bankovní spojení: KB 27-1554150267/0100 (Euro účet)

                    Česká televize
                    zřízená na základě zákona č. 483/1991 Sb., o České televizi
                    nezapisuje se do obchodního rejstříku
                    se sídlem KavčíHory
                    140 07 Praha 4
                    Česká republika
                    IČ: 00027383
                    DIČ: CZ00027383
                    zastoupená: Janem Součkem, generálním ředitelem
                    bankovní spojení: Česká spořitelna, a.s., účet: 1698682/0800
                    IBAN: CZ60 0800 0000 0000 0169 868822
                    BIC(SWIFT) kód: GIBACZPX

                                            a jedoucí se v rámci

                    těchto soouuttěěžží:í:

POSKYTOVANÁ PRÁVA:   poskytovatel poskytuje nabyvateli touto smlouvou televizní
                     práva kvýše popsanému titulu, to je přístup kTV signálu
                     v místě konání akce pro živé vysílání nebo vysílání ze záznamu
                    na programech České televize šířených terestricky, kabelově a
                    satelitně, IPTV, HbbTV a dále na webových stránkách ČT a
                    v internetových aplikacích, které jsou tzv. geo-blokované.
                    Poskytovatel poskytuje tato práva výhradně nabyvateli,
                    nestanoví-li Příloha č. 1 této smlouvy výslovně jinak, tzznn..,, že
                    poskytovatel tato práva nesmí poskytnout jiné osobě a ani je
                    nesmí sám užít.

                    Detailní rozsah práv je uveden v příloze č. 1.

Společnost Pragosport, a.s. byla zapsána do obchodního rejstříku dne 31. května 1991 a je uvedena v oddílu B, Ččíísslloo vložky 755
                                               obchodního rejstříku vedeného Městským soudem v Praze.
                          Práva na odvysílání titulů jsou poskytována pro přenosy pro
                          dané území a jazyk.
                          Všechna ostatní práva, která nejsou výslovně popsána výše
                          v prvním odstavci článku nazvaného „poskytovaná práva"
                          resp. v následující příloze, zůstávají ve vlastnictví
                          poskytovatele.

ÚZEMÍ:                    Česká republika
JAZYK:
ČAS,NA KTERÝ JSOU         čeština
PRÁVA POSKYTOVÁNA:
                          práva jsou poskytována ode dne dodání prvního závodu
CENA ZA POSKYTNUTÍ PRÁV:
PLATBA:                   sezóny           Délka období, na něž jsou práva

                          poskytována, je specifikována v příloze č. 1.

                          je               bez DPH

                          v EUR na základě faktury/daňového dokladu vystaveného
                          poskytovatelem v den dodání prvního závodu s následujícími
                          splatnostmi:

                          Cena bude uhrazena v zahraniční měně.

Veškeré platby dle této Smlouvy budou činěny výlučně bezhotovostním převodem na bankovní účet
uvedený v záhlaví této Smlouvy. Jakákoli platba dle této Smlouvy se považuje za uhrazenou připsáním
celé příslušné částky na bankovní účet. Sjednává se, že využije-li poskytovatel možnosti zaslat fakturu
elektronickou poštou, je povinen ji zaslat v PDF formátu ze své e-mailové adresy na e-mailovou adresu
nabyvatele faktury@ceskatelevize.cz. Za den doručení faktury nabyvateli se považuje den doručení na
e-mailovou adresu nabyvatele, což je zároveň považováno za souhlas s využitím této formy
komunikace. Stejný způsob elektronického doručení se použije i v případě, nebude-li faktura obsahovat
stanovené náležitostí nebo v ní nebudou správně uvedeny údaje, a také v případě zasílání opravných
faktur.

V případě, že je poskytovatel plátcem DPH, musí faktura, kterou vystaví, splňovat náležitostí daňového
dokladu (dále jen „faktura") podle zákona č. 235/2004 Sb., o dani z přidané hodnoty, ve znění
pozdějších předpisů (dále jen „zákon o DPH"). V případech, kdy může nabyvateli vzniknout ručení za
nezaplacenou DPH ve smyslu zákona o DPH, je nabyvatel bez dalšího oprávněn odvést za poskytovatele
DPH z fakturované ceny plnění přímo příslušnému správci daně ve smyslu zákona o DPH (tj. na účet
správce daně). Tímto postupem zanikne nabyvateli jeho smluvní závazek zaplatit poskytovateli částku
odpovídající DPH.O takové úhradě bude nabyvatel informovat poskytovatele bez zbytečného odkladu,
nejpozději do dvou pracovních dnů od jejího provedení.

Smluvní strany se dohodly, že informace, které jsou v této smlouvě označeny žlutou barvou, se považují
za důvěrné (např. z důvodu obchodního tajemství) a žádná ze smluvních stran není bez předchozího
písemného souhlasu druhé smluvní strany oprávněna tyto informace sdělovat třetím osobám, a to ani
po ukončení plnění této smlouvy či ukončení této smlouvy, s výjimkou informací: (i) které nabyvatel

                                                                                                                                                                        2
sám v obvyklém rozsahu sděluje třetím osobám v souvislostí s přípravou, výrobou, distribucí a/nebo
propagací svého programového obsahu, k němuž se vztahuje tato smlouva, a/nebo v souvislostí se svou
propagací; (ii) které smluvní strana poskytne nebo uveřejní na základě právního předpisu; a (iii) které
smluvní strana poskytne svým odborným poradcům a/nebo jiným spolupracovníkům vázaným
zákonnou a/nebo smluvní povinností mlčenlivostí. Tato smlouva bude nabyvatelem uveřejněna
postupem podle zákona stím, že informace označené žlutou barvou budou znečitelněny.

Technické náklady:                   satelitní náklady na všechny hlavní závody jsou zahrnuty
                                     v ceně poskytovaných práv. Satelitní náklady na případné
                                     kvalifikace/tréninky nejsou v ceně práv zahrnuty a bude si je
                                     nabyvatel hradit nad rámec této smlouvy (viz odstavec 7.
                                     Přílohy č. 1). Jakékoliv další náklady (např. na komentátorské
                                     pozice, unilaterál) si bude nabyvatel také hradit nad rámec této
                                     smlouvy.

Nedílnou součástí této smlouvy je příloha č.l - Rozsahpráv.

Tato smlouva je vyhotovena ve 2 písemných vyhotoveních, z nichž po jednom obdrží každá smluvní
strana. Případné ujednání stran o změně této smlouvy vyžaduje písemnou formu.

Platnost a účinnost této smlouvy nastává dnem podpisu v pořadí druhou smluvní stranou.

V Praze dne ....'/ť.'....É./íť  L                            V Praze dne

                                /

     Pragosport, a.s.                                                   Česká televize
Jaroslav Vacek, člen představenstva                          Jan Souček, generální ředitel

                                                                                            3
                                                    Příloha č. 1 - Rozssaahhpráv

Definiittiioonnss
1.1 In addition to any otheerrterm elsewhere deeffiinneedd underthis Agreement, the following terms inn

        Capital letters shall háve the following meanings, being agreed that words importing the
        singulár include the plurál and vice-versa:

        (a) "Authorized Channels" and "Authorized Websites": is, (a) one (1) free t o air generalist
                 linear television broadcaster (""AAuutthhoorriizzed FTA Brooaddccaasstteerr"")) and (b) all Authorized FTA
                 Broadcaster-owned, branded and operated TV channels, diggiittaal l and sports incdluded, its
                 official website and, limited t o the transmission of excerpts, Sociál Media within the
                 Relevant Territory;

        (b) ""AAuutthhoorriized Liccennsseee"":: is the entities owning or controlling the Authorized Channels
                 and the Authorized Websites. For the purpose of this Agreement Authorized Licensee is
                 Czech TV (Česka televize).

        (c) ""AAuutthhoorriized Licceennsseeee'' Sociiááll Media": are all Authorized Licensees-branded official
                 sociál media platforms or channels, provided that said sociál media platforms or
                 channels do not, expressly, impliedly or effectively

                 (i) grant any third party - and especially the operátor of the media platform itself -
                          any ownership or controlling interest in the intellectual property to the audio-
                          visual coverage of the Programs (or any part thereof); or

                 (ii) grant a license for independent use of the same.

        (d)

(e) ""

(f) ""FFrreeee Broadcast"":: is the transmission of programs by any television Service or channel
        which may be viewed by recipients within the Relevant Territory without any payment
        (other than statutory fees or taxes imposed for the ownership of a television set or for
        the generál reception of, or access too,, such Service or channel).

(g) "Language": Czech language.

(h) ""Permitted Means of Broadcast"":: are the means of transmission specified in Clause 3.2
        of this Agreement.

(i) "Programs": are, jointly and severally, the Races Programs being licensed by Licensor to
        Licensee underthis Agreement.

(j) "Races""::are the                      detailed respectively inn
        Clauses 2.1 off thiiss Agreement.

(k) ""RRaacceess Programs"":: are the international audiovisual feeds of the Races Iincorporating
        the television feeds and related background sound, slow moottioionns,s, replays, timing data,
        on-screen identification and graphics.

                                           4
(l) "Season": is each season of the                           duurrininggthe Term.

(m) "Teerrmm"":: means t h e following periods respectively;

i n connectíion w i t h all Races Programs: t h e period off t i m e starting from t h e dáte of t h e

first Race of t h e 2024/2025 Season, and ending o n          following t h e Season in

which t h e relevant Race was held, always subject t o t h e Media rights becoming non-

exclusive as archive rights u p o n 3 0 days following t h e e n d of t h e relevant season; and

(n) ""Venues": are t h e places and sites controlled by and/or by t h e local organizing
         committees at t h e ski resorts selected for hosting t h e Races during t h e Term.

1.2 Terms not defined i n Clause 1.1 o r elsewhere i n this Agreement shall be given t h eir plain
         Englilsh meaning, and those terms k n o w n i n t h e sport media industry shall be interpreted i n
         accordance with their generally known meanings within the industry.

2. Races
2.1 The Races whose Programs are licensed by Licensor to Licensee under this Agreement are any

         and all

3.. Grant of Media Rights
3 . 1 Licensor hereby grants to Licensee, and Licensee accepts, the rights to broadcast and transmit

          t h e Programs w i t h i n t h e Relevant Territory, during t h e Term, through t h e Authorized Channels
         a n d / o r Authorized Websites, by t h e Permitted Means of Broadcast, inn t h e Language, and i n
         accordance w i t h all terms and conditions set forth i n this Agreement ("M edia Rights").

         The Media Rights licensed to Licensee are exclusive to t h e extent provided in this Clause 3 and
         Clause 4 below. All rights to t h e Programs not specifically granted to Licensee are excluded
         from this Agreement and retained byy Licensor.

3.2 The Permitted Means of Broadcast for the Authorized Channels to broadcast and transmit the
         Races Programs shall be:

         (i) Free Broadcast by any current and f u t u r e television technical means and systems, i n any
         technical standard and formát, irrespective of the receiving devices employed by users to
         access t h e television signals and (ii) linear and non-linear transmissions by t h e Internet and
         mobile communicatíion systems o n a Free basis;

         I n exploiting t h e Media Rights, limited to t h e Authorized Channels, t h e Permitted Means off
         Broadcast, the Language and t h e Relevant Territory, and subject to t h e following provisions,
         t h e Authorized Licensee shall be entitled to broadcast and distribute t h e Races Programs i n
         any form, live or delayed, also through highlights and excerpts.

3.3 Licensee acknowledges and agrees t h a t it is of t h e essence of this Agreement t h a t :

                                                              5
(a) the main channel (but for the purposes of clarity not necessarily the only broadcasting
         channel off the Raceess Programs) of the Authorized Licensee transmitting
                          is and shall remain, during the Term, a free to air generalist linear television
         channel (i.e. a television channel having a variety of different themes such as news,
         fictiioonn,, sport, entertainment, etc.) broadcast byy analogue and/or digital terrestrial
         means;

(b) all broadcasts of the Racceess Programs shall be at all timmeess restricted to the Relevant
         Territory and be technically protected and securely geo-blocked in order not to be
         accessible outside the said Relevant Territory; and

(c) all broadcasts off the RacesPrograms byy mobile communication systemss or by the Internet (if
         any) musstt at all timmeess employ digital rights management orr other protection techniques or
         software too ensure that the video contents of the Races Programs are neither downloaded
         nor embedded forr the purpose of being shared byy the users or by third parrttiieess'' websites.

Licensor shall notify Licensee as soon as becoming aware of Licensee failing to meet the
requirements provided for inn paragraphs (a), (b) and/or (c) above and Licensee shall háve 24
(twenty-four) houurrssto remedy any such infringements, failing whhiicchh, , Licensor shall be entitled
t o suspend the delivery of the Racceess Programs.

4. Range of the Exclussiivviittyy
4.1 The Media Rights herein are granted to Licensee on an excdluusive basis for the Relevant

        Territory, subject however t o the following provisions. Licensee acknowledges and accepts
        that the Media Rights shall become non-exxcdlusive after thirty (30) days fromm the end of the
        relevant World Cup Season.

4.2 Licensee acknowledges and agrees that each and all Racceess may be broadcast in the Relevant
        Territory at any Utimmee and in any language:

(a) byy any one television channel, Internet website or mobile platform owned, branded or

controlled by                                  ; and

(b) by unavoidable transmission overspill of the television transmissions (incdluuding e.gg.. digital
          terrestrial, cable, cable re-transmission, satellite, DVB-HHand/or DMB) of other broadcasters
           from outside the Territory being receivable in the Relevant Territory and byy simulcasts of
           broadcasters located outside the Teerrrrititooryry possibly received within the Relevant Territoryy..

4.3 In addition t o the rights speeccifiifeiedd in the preceding Clause 4.2, Licensor reserves the following
        rights, to be exploited and/or assigned to third parties within the Relevant Territory:

      (a) the right to distribute highlights of the Raceess,, either directly or through news agencies,
                 lasting up t o 3 (three) minutes per Racee t o be broadcast after the end of the relevant
                 Racee for news accesss,, magazines and other programming purposes, in the context of
                 programs and/or as stand-alone elips;

        (b) the righhtt to broadcast highlliigghhttss of the Races lassttiinngg a maximum of 5 (fivvee) minutes per Racee
                 on a delayed basis through any media byy

(c) the right t o use clips/highlights of the Raceesslasting a maximum of 3 (three) minutes per

Racee w ithin the context of offfficiciaial l         digital applications, sociál networks,

communities of registered users, messaging Services, and any other online Iinteractive

network, application or Service;

                                                      6
(d) the right to transmit up to 5 (five) near-live elips per each of the Races on any platforms,
        forums and/or within the context of any digital application of
                                           and/or of the local organizers;

(e) the right t o transmit, exhibit or otherwise make available footage of each Race on a live
        or delayed basis (and whether in whole or in part), induding but not limited t o
        simultaneous live streaming,

(f) the right to live-stream the Races in betting and gambling websites, meaning the right t o
        distribute audio-visual materiál and/or audio-only content of the Racesby any technical
        means as part of any products, Services or facilitíes which form part of or which is
        provided for use in conjunction w i t h any betting o r gambling products, Services, facilitíes
        or opportunities, induding but not limited to the right to make available coverage of t h e
        Races in betting shops, corners and terminals;

(g) the right t o broadcast the Races on trains and airplanes flying and ships sailing the flag of
        any and all countries of the world;

(h) the rights to grant t o each  up t o 120 seconds

of the footage focusing on his/her own performance int e Race, each no sooner than 3

hours after t h e Race conclusion, for the purposes of celebrating his/her own

performances in the Race; and

(h) any and all rights to the Races not falling within the Media Rights licensed to Licensee,
        therein induding any theatrical or public exhibition rights, CCTV rights, fixed media, home-
        video and commercial video rights, libra ry and database rights, rights to use still images and
        data and timing information relating t o the Racesindependently from television broadcasts,
        and the like.

The rights specified above shall be exdusively reserved to Licensor and are therefore exeluded
from the Media Rights granted t o Licensee under this Agreement.

4.4 Licensee aeknowledges and agreesthat, in čase any of the Races Programs are not broadcast i n
        its entirety by the Authorized Channels or the Authorized Websites set forth in Clause l . l ( a )
        above (always i n compliance with the provisions of Clause 3.2 above) on a live as previously
        informed by Licensee t o Licensor in accordance with Clause 5.3(a) below, the Media Rights
        related t o such Races Programs shall automatically become non-exdusive with respect t o
        and/or Licensor (hereinafter, the "Change i n Exdusivity"). As a consequence thereof,
                              shall be entitled t o broadcast such Race(s) on their digital platforms on a live,
        near-live or delayed basis and Licensee shall be entitled t o broadcast such Races on a non-
        exclusive basis. Should Licensee fail to communicate its broadcast schedule referred to any of
        the Races within the timeline provided for in Clause 5.3(a) below, such Race(s) shall be
        considered as Change in Exdusivity program(s). The Partíes aeknowledge and agree that no
        reduction or reimbursement of any sort, under any circumstances, shall begiven by Licensor to
        Licensee for such Change i n Exdusivity, and in no čase Licensee shall be entitled to apply or
        claim charges of any sort towards Licensor or any third parties, induding for losses, costs,
        liabilities, indemnities or damages, whether direct, incidental or consequential.

                                  7
5. Transmission of the Races Programs / Minimum Broadcast Obligations
5.1 Licensee ensures thhaat t the transmission off all the Races will be of high international standards to be

         expected for world class sporting tournaments, and it shall guarantee that:

(i) a minimum off              are broadcast on a Free

     Basis by t h e Authorized Licensee's TV Authorized Channels on a livvee basis;

(ii) a                         per each Season are broadcast by

     Authorized Licensees' Authorized TV Channels o n a live basis.

Licensee shall make its best efforts to commence each live transmission of t h e                no

later than 5 minutes prior to the start of the first athlete competing in each

The Partíies acknowledge and agree t h a t t h e television coverage guarantees provided for inn thhisis
Clause 5..11 cannot be fu lIfilled by transmission o n Authorized Licensees' Sociál Media.

5.2 Licensee ensures that, in exploiting the Media Rights to the Races Programs, t he Authorized
         Licensee shall:

(a) broadcast the Races Programs without modifying their competitive contents and graphic set
         up, and without editing, altteerriningg, , deleting or chaanngginingg any content of the Races Programmss
         other than: (i) to add voice overlaayyss inn the Language (i.e. commentary), (ii) to edditit excerpts orr
         highlights foorr news or magazíne usage, (iii) to superimpose the Authorized Channels' own
         customary standard logo, prroovvidideedd that such imposition is made inn a way that it does not
         obscure orr impair the offfiicciaiaIl graphiiccss and the Identification of and/or the Races' title
         spoonnssoorr and official data/timing processing partners; and (iv) to make minor cuts or
         alterations in order to comply with the provisions off any dullyy authorized regulátory or
         governmental authority;

(b) insert commercial airtime slots during appropriate Races' intervals or pauses, i n

accordance with customary industry standard practices and in compliance with and

subject to the applicable guidelines and regulations, provided however that: (i) the

Races Programs may not be sponsored by companies which products o r Services are i n

competíition with thettiittllee//pprreesseennttiinnggssppoonnssors communicated byy beforreet h e beginning

of the respective Season. For this purpose, Licensee shall first enter into good faith

neeggootitaitaiotniosns w i t h such tiittlele/p/rperseensteinngting sponsors communicated byy  before the

beginning of each Season, aimed at sponsoring the transmission of the Races Programs.

Should Licensee be unable to reach an agreement with t h e title/

presenting sponsors, Licensee may enter into negotiations and agreements with third

parties, on t h e same price leevveel;l; and (ii) Licensee may n o t permit any advertising i n t h e

Races Programs inn such a manner as to suggest that t h e advertised product o r Service is

endorsed by                    or by any competing athlete or national team;

and

(d) ensuurreethat itss exploitation of the Media Rights fuullyly complies with all laws and regulations in
         force inn t h e Relevant Territory, including, if applicable, by obtaining all necessary consents,
         permits and licenses from any competent authority and by paying any applicable fee due to
         local collecting socciieettieiess or other entities inn connection with t h e broadcast of t h e Races
         Programs.

5.33 As soon as availlaabbllee,, Licensee shall send to Licenssoorr (a) n o later than 15 (fifteen) days prior to the

beginning of t h e applicable  , broadcast schedules off the RacesPrograms and

relleevvaannt t Authorized Channeellss,, and (b) subsequent to the end off the applicable

complete and detailed audience ratings pertinent to each and all the RacesPrograms telecast by thhee

Authorized Channeellss.. Specifically, on a monthly basis duurriningg each Season, Licensee shall provide

                                                                                                           8s
         Licensor with the following data/information: (a) the name of the Authorized Channel broadcasting
         the programs, the exact territorial coverage of the transmission, dáte, local times, duration of
         coverage, type of program (live, delayed, highlights, news, replay), and (b) data for each sequence of
         transmission including TV ratings, as available to Licensee, in % and converted into "total individuals".

5.4 Licensor acknowledges and agrees t h a t Licensee's transmissions of t h e Races Programs within
         an EU o r EEA member statě only may be available by means of t h e Internet pursuant to, and
         strictly i n accordance w i t h "Regulation (EU) 2017/1128 of t h e European Parliament and of t h e
         Council o n t h e cross-border portability of online content Services i n t h e internal market",
         including any replacement o r subsequent version of such Regulation ("Portability Regulation"),
         provided that:

         (a) any such availability o f t h e Races Programs shall b e t h e minimum amount required by law.
                  Therefore, subscribers to the Authorized Channels' portable online content service(s), if
                   any, w h o háve his o r her actual and stable residence i n an EU o r EEA M e m b e r State, shall
                   b e entitled to access and use such online content service(s) only while temporarily present
                   in another EU o r EEA M e m b e r State;

         (b) Licensee shall not actively advertise, market o r promote, outside t h e Relevant Territory,
                  t h e availability of t h e Races Programs o n a cross-border portable basis by means of an
                  online content Service outside o f t h e Relevant Territory; and

         (c) Licensee shall také such actions (at its own cost) as are reasonably necessary t o ensure
                  t h a t t h e Authorized Channels (as well as t h e i r subscribers) comply with t h e requirements
                  of t h e Portability Regulation as they relate to access to t h e Races Programs.

         Conversely, Licensee acknowledges and agrees t h a t any transmission o f t h e Races Programs by
         way of o t h e r (non-Relevant-Territory-based) broadcasters1 portable online content service(s)
         within t h e Relevant Territory, if any, shall not give rise t o a breach of this Agreement by Licensor,
         provided that such transmissions occur in compliance with the Portability Regulation.

5.5 All rights, title and interests, including copyright and other intellectual property rights, in all
         Races Programs as well as i n any footage, data and t i m i n g information concerning t h e Races
         Programs, are and shall remain vested i n Infront o r as applicable, for t h e f u l l t e r m o f such
         intellectual property rights. Licensee is being licensed t o use t h e said copyright materiál solely
         to the extent required to exploit the Media Rights.

6. Programs Delivery - On-site FaciIities
6 . 1 Licensor shall ensure t h a t t h e audiovisual feed o f t h e Races Programs is made available i n high

         definitíon (HD) formát, w i t h t h e exception of cases i n which an HD production is n o t possible
         due to technical reasons outside of Licensor's control, to Licensee through satellite delivery:

(a) except as provided under paragraphs (b) below, t h e Races Programs of t h e
                                                                                                          will be made available to

      Licensee o n a live basis by satellite having a European satellite footprint o r by mutual
       agreement by fiber;

(b) t h e Races Programs of t h e                 taking plače in Europe will be made

available t o Licensee either on a live o r o n a delayed basis (through satellite or by mutual

agreement by fiber or other delivery means to be mutually agreed); Licensor will make its

best efforts to ensure live delivery for as many  as possible.

6.2 The Races Programs shall b e :

(a) produced i n compliance with t h e relevant   as amended from time to Hrne

and comparable to world ,feed standards (i.e. provided with international sound and

                                                                9
        without commercial breaks and foreign commentators/journalists inn vision unless
        inadvertently in a long shot);
(b) free of graphic or advertising materiál, except for: (i)

                        (ii) on-site advertisements placed at the Venues

in accordance with the  and (iii) possible Virtual advertising that and

Licensor shall háve the right to insert in the feed to suubbsstittiuttuete the on-site

advveerrtitsiseemmenetnst.s. Licensee acknowledges and agrees that the RacesPrograms w i11contain

the abboovvee-m-menetniotnioended official graphics, logos and on-site advveerrtitsiseemmenetns,ts, and itt

undertakes to broadcast the Races Programs without eddiititningg or deeleletitnigng the same.

6.3 Licensee shall use the feed of all the RacesPrograms t o the sole extent necessary to eexxploittthe
        Media Rights licensed under this Agreement, and it shall not in any circumstance distribute or
        otherwise grant access t o the said feed t o any third party.

6.4 If so requested by Licensee, Licensor shall provide Licensee at the Venues with commentary
        possiittioionnss, , equipment and other Services or facciillitiiteiess and shall charge to Licensee the related
        costs in accordance with Clause 7 below. Should Licensee be wiIlling t o integrate or personalize
        the Races Programs on site (e.g. through interviews, on-site studios, etc.), Licensee shall
        comply with the technical limmitiatatiotinosns and logistiicccoc-or-doinrdatiinoantion requirements that Licensor will
        indicate.

6.5 Should Licensee be present at the Venues during any of the Races, they shall purchase (and
        provide Licensor with details thereof) adequate Insurance t o cover all risks, including third
        party risks, arising from all equipment, facciililtiiteiess and opeerraatitoionnss reessuultlitningg from their acttiivvitiiteies.s.

7. Fees
The Fees incdlude delivery of the inntteernrnataiotnioanl al basic feed of all Races Programs (

                                                                                                                                      on a
European satellite or by fiber, but do not include any connssidideeraratiotinon for other Services or technical
facciililtiiteiess that shall be separately charged and invoiced by Licensor on the basis of rate-card.

Specifically:

  (a) any commentary poossiittioionns,s, equipment and other facciililtiiteiess and/or Services and/or delivery
        means requested byy Licensee shall be agreed upon with and charged by Licensor in accordance
        with rate-card speecciifficicaatitoinosn;s;

  (b) all costs and expenses connected t o dubbing and shipping of any Program recordings, if
        requested to Licensor, shall be charged by Licensor in accordance with rate-card speecciifficicaatitoionsn;s;

  (c) all costs and expenses connected to the delivery of the feed for any content like
                                                                                                               (if any is produced),

        shall be charged by Licensor in accordance with rate-card speeccifificicaatitoinosn.s.

8. Changesin the Races Calendars
8.1 The Parties acknowledge and agree that the schedule and the Venue of the Racesis subject to be

        confirmed by the competent sport authorities, and that any of the Racesmay be withdrawn by
        from its official calendars, postponed or cancelled or movveedd at a different Venue at any time.
        Moreover, the Races migghhtt noott be available to Licensee due to technical defects in the live
        broadcast, carrier unavailability, or any other event not attributable to the negligence or
        intentional default of Licensor.

                                                                                               10
8.2 With reference t o t h e possssibibililtiteíses set out in Clause 8..11 above in respect of the World Cup
        Races, the Parties agree and undertake that:

(a) if any Race is anticipated or postponed with respect t o the dates set by the offffiicciaial l
                                        issued by , all terms and conditions of this Agreement shall

        remain in full force and effect and shall apply to the rescheduled Race(s);

(b) if any Race is moved to a different location from the one originally scheduled in the

       official                                                  , and Licensor does not own t h e relevant

       rights to the Race(s) t o be held inn the new location; and/or

(c) the Program of any Race is not produced and/or made available to Licensee due t o any
        reason whatsoever; and/or

(d) any Race is cancelled for any reason whatsoever by the competent sport authorities
        (savé as otherwise provided in Clauses 8.3 through 8.4 below)

(each of the Races set out in let(c), let(d) and let(e) above a "MMisisssinigng Race" and jointly the
"Missing Races"), then:

8.2.1  in the event that the Missing Races do not prevent the Licensee fulfilling the Minimum
       Broadcast Obligation as maybe amended from time t o tiimmee reellaatitningg to the

                                                                                                    detailed by Licensor
       to Licensee according t o Clause 2.2,, t he Missing Races shall NOTlead to any reduction of
       any consideration payable to Licensorunder this Agreement, whicchh shall theerreeffoorree continue
       unaffected between the Parties orr

8.2.2  inn the event that the Missing Races prevent the Licensee fulfilling the Minimum

       Broadcast obligation as maybe amended from time t o time relating t o the World Cup

       Races originally scheduled                                      detailed by Licensor

       to Licensee according t o Clause 2.2, the Parrttiess shall reduce off the consideration payable

       to Licensor under this Agreement on a pro rata basis.

8.3 In the event that, in respect of the Ski World Cup Races:;
        (a)

8.44 If the Ski Jumping run of any                                        is cancelled and a highlight of the
        quuaalilfiifciactaiotnion jump (whose results under the  rule are valid as official results off the

                                                                       ii
8.5 In all cases provided for i n Clause 8.3 and 8..44 above, if t h e Races t h a t háve been cancelled during
         theireexxeeccution are considered valid byy ,they shall also be considered valid undeerrt h e terms of
         this Agreement and n ot accounted as Missing Races under t h e provisions off Clause 8.2.

8.6

9. Term
9.1 This Agreement shall expire att the end of t h e Term. Notwithstanding t h e foregoing, t h e obblliiggaatitoinosns

         to be performed after t h e Term, iff any, shall survive for as long as they are fully performed by t h e
         Parties.

9.2 On expiration o r early teerrmminiantaiotnion of this Agreement, foorr any reason whhaattssooeevevre,r, all licenncceess and
         rights granted to Licensee hereunder shall terminate and automatically reevveertrt to Licensor.

10. Termination
10.1 Without prejudice to t h e suspension remedy provided for in Clause 3.33 aboovvee,, Licensor may, att itss

         diissccreretiotinon att any hdrne, suspend or terminate this Agreement byy written notice to Licensee if: (a)
         payment of t he Fees (or any part thereof) or any other consideration due in accordance with t he
         payment schedule set forth in this Agreement is latě and has not been made byy Licensee within 14
         (fourteen) business days of being called upon t o d o so byy way of written nootticicee o r payment of any
         technical costs has not been made by the Licensee or transmissions of t h e Races in accordance
         w i t h Clause 5 hávvee not been sattiissfifeiedd by t h e Licensee; orr (b) Licensee fails to observe o r perform
         any other of its duties and/or obblliiggaatitoinosns hereunder and, where such breach is capable of remedy,
         it does not remedy such failure within 15 (fifteen) business days of being called upon t o d o so by
         way off written nootticicee; ; o r (c) Licensee becomes bankrupt o r insolvent o r enters into liqquuididataiotnion
         (other than a voluntary liquidation for the purposes of reconstruction, amalgamation or similar
         reorganization) o r enters into any arrangement or composition w i th its creditors o r aanyý off them, o r
         has a receiver orr administrátor appointed over all o r a part of its property orr assets. Suspension or
         termination off this Agreement by reason off Licensee's default shall be without prejudice to
         Licensor's accrued rights and remedies under this Agreement, including Licensor's right to claim
         the Fees inn full.

10.2 Licensee may terminate this Agreement f orthwith by way of written notice if: (a) Licensor
         commits a materiál breach of this Agreement and, where such breach is capable of remedy, it
         does n o t remedy such breach w i t h i n 15 (fifteen) business days of being called u p o n to d o so by
         way of written notice; or (b) Licensor becomes bankrupt or insolvent or enters into liquidation
         (other than a voluntary liquidation for the purposes of reconstruction, amalgamation or similar
         reorganization) or enters into any arrangement or composition with its creditors or any of
         them, or has a receiver o r administrátor appointed over all or a part of its property o r assets.

10.3 Notwithstanding t h e provisions of Clause 10.2 above, Licensee acknowledges and agrees t h a t
         a portion of this Agreement may b e assigned byy Licensor t o undeerr t h e terms of Clause 11.1
         below and such assignment shall prevail over and survive to any termination of this
         Agreement.

                                                                                                                                                                      12
11. Representations, Warranties and Indemnities
11.1 Licensor represents, warrants and agrees that:

         (a) it has full power and authority to grant the Media Rights t o the Races Programs in
                  accordance with the terms and conditions of this Agreement;

         (b) the person(s) executing this Agreement on behalf of Licensor has(have) been fully
                  authorized by Licensor to execute this Agreement on its behalf; and

         (c) nothing contained in any of the Races Programs shall violate or infringe upon the rights
                  of third parties.

11.2 Licensee represents, warrants and agrees that:
         (a) it has the right t o enter into and fully perform this Agreement;

         (b) the person(s) executing this Agreement on behalf of Licensee has(have) been fully
                  authorized by Licensee t o execute this Agreement on its behalf and no other approval by
                  Licensee or any third party is required to enable Licensee t o fully carry out its obligations
                  underthis Agreement; and

         (c) in exploiting its Media Rights under this Agreement, it shall respect any and all terms
                  and conditions and fully comply with all duties and obligations set forth in this
                  Agreement.

11.3 EachParty warrants to the other that it will at all times during the term of this Agreement comply
         with all applicable laws (including, but not limited to, anti-bribery and anti-corruption laws, such as
         the Foreign Corrupt Practices Act and the UK Bribery Act, or laws pertaining to trade and financial
         sanctions, including those adopted by the United Nations, the European Union and the United
        States, or any other applicable sanctions laws) and that it will not use the funds to be provided
         under this Agreement for any activity which is prohibited under the United Nations, the European
         Union, the United States or any other applicable sanctions laws or make available any funds
         received under this Agreement to any person, entity or body which is designated by the United
        Nations, the European Union, the United States or in any other applicable sanctions laws as the
         target of an asset freeze.

11.4 The Parties agree to indemnify and hold each other and its parent, subsidiary and affiliated
        companies and their respective officers harmless from any and all claims, damages, liabilities
        and expenses arising out of a breach of warranty, representation, or other materiál term or
        provision of this Agreement, provided that prompt notice i n writing is given of any claim or
        litígatíon t o which this Indemnification applies.

11.5 Licensee acknowledges that a protection from unauthorized uses by third parties of the
        audiovisual materiál related to the Races Programs cannot be guaranteed by Licensor. Should
        either Party become aware of the unauthorized use of footage of the Races Programs in the
        Relevant Territory, it shall inform the other Party and both Parties shall agree on the appropriate
        reasonable steps to be undertaken in order to cease any such third party unauthorized
        exploitation. Licensee shall directly enforce its rights against any third party making any use of the
        footage of the RacesPrograms without the permission of Licensor, in which čase Licensee shall
        notify Licensor of its intent, keep Licensor apprised of any relevant submissions and developments
        and comply with any instructions that Licensor may provide in order to protéct the interests of FS
        and/or of the Races organizers.

                                                                                                                                                                                               13