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Textová podoba smlouvy Smlouva č. 34607997: Nákup TV práv

Příloha LIC-22500552_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


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                                                                                                                                   LIC-222255O00O5552/5O04

                      & PRAGOSPORT

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

                    SMLOUVA O POSKYTNUTÍ TV PRÁVV
                                 CEV 2025 - 2003322

POSKYTOVATEL:       Prraaggoosspporot,rt, a.s.
                    Na Ořechovce 57799/6/6, , 162 00 Praha 6
                    IČ: 18628010
                    DIČ: CZ18628010
                    Česká republika
                    zapsaná v obchodním rejstříku u Městského soudu v Praze, oddíl B.,
                    vložka 755
                    zastoupená: Jaroslavem Vackem, členem představenstva
                    Bankovní spojení: KB 27-1554150267/0100 (Euro účet)

NABYVATEL:          Česká televize
                    zřízená na základě zákona č. 483/1991 Sb., o České televizi
                    nezapisuje se do obchodního rejstříku
                    se sídlem Kavčí Hory
                    140 07 Praha 4
                    Česká republika
                    IČ: 00027383
                    DIČ: CZ00027383
                    zastoupená: Hynkem Chudárkem, generálním ředitelem
                    bankovní spojení: Česká spořitelna, a.s., č.ú. 166998866882/20/8008000 (Euro
                    účet)

TITUL (AKCE):       CEV souttěže dle rozpisuu uvedeného v příloze č. 1

                    Termín a místo jsou zcela v rozhodovací pravomoci pořadatele.

POSKYTOVANÁ PRÁVA:  poskytovatel poskytuje nabyvateli touto smlouvou televizní práva
                    titulů obsažených v této Smlloouuvvěě,, 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.

                    Detailní rozsah práv je uveden v příloze č. 1.

                    Práva na odvysílání titulů jsou poskytována pro přenosy jednotlivých
                    ročníků 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:              čeština

Společnost Pragosport, a.ss.. byla zapsána d o obchodního rejstříku dne 3 1I . května 1991 a je uvedena v oddílu B,. číslo vložky 755
                                                  obchodního rejstříku vedeného Městským soudem v Praze.
ČAS, N A KTERÝ JSOU  práva jsou poskytována jednotlivě a postupně, a to vždy v den konání
PRÁVA POSKYTOVÁNA:   prvního zápasu daného ročníku. Délka období, na něž jsou práva
                     poskytována, jee specifikována v příloze č.. 1.

CENA ZA POSKYTNUTÍ PRÁV: celková cena j e
                                                        bez DPH. Alokace dle jednotlivých soutěží a sezón je následující:

                     2025 2026 2027  2028 2029 2003300 2 0 3 1 2032

PLATBA:              v EUR na základě faktury/daňovééhhoo d o k l a d u vystaveného
                     Poskytovatelem s následujícími splatnostmi a DUZP:

                     Částka          Splatnost                                       DUZP
                                     k 1..66.2.0220525                               1.5.2025
                                     k 1..33.2.0220626                               1.2.2026
                                     K 1.6.2026                                      1.5.2026
                                     k 1.3.2027                                      1.2.2027
                                     K 1.6.2027                                      1.5.2027
                                     k 1.3.2028                                      1..22.2. 022082 8
                                     K 1.6.2028                                      1.5.2028
                                     k 1.3.2029                                      1..22.2. 022092 9
                                     K 1.6.2029                                      1..55.2. 202092 9
                                     k 1.3.2030                                      1..22.2. 023003 0
                                     K 1.6.2030                                      1..55.2. 023003 0
                                     k 1.3.2031                                      1..22.2.023013 1
                                     K 1.6.2031                                      1.5.2031
                                     k 1.3.2032                                      1..22.2. 023023 2
                                     K 1.6.2032                                      1.5.2032

                     Veškeré částky b u d o u uhrazeny v EUR. Pro přepočet b u d e použit pevný
                     kurz Pragosportu (kurz ČNB p l a t n ý k 31.12. r o k u předcházejícího
                     jednotlivé fakturaci).

                                                                                                                           2
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 jii zaslat v PDF formátu ze své e-mailové adresy na e-mailovou adresu

nabyvatele           ceskatelevize.cz. Za den doručení faktury nabyvateli se považuje den doručení na

e-mailovou adresu nabyvatele, což jee zároveň považováno za souhlas s využitím této formy

komunikace. Stejný způsob elektronického doručení se použije i v případě, nebude-li faktura obsahovat

stanovené náležitosti 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 náležitosti daňového
dokladu (dále jen „faktura") podle zákona č. 235/2004 Sb., o dani z přidané hodnoty, ve znění
pozdějších předpisů (dále jenn „zákon o DPH"). V případech, kdy může nabyvateli vzniknout ručení za
nezaplacenou DPHve smyslu zákona o DPH, je nabyvatel bez dalšího oprávněn odvést za poskytovatele
DPH z fakturované ceny plněěnníí 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 neníí 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
sám v obvyklém rozsahu sděluje třetím osobám v souvislosti s přípravou, výrobou, distribucí a/nebo
propagací svého programového obsahu, k němuž se vztahuje tato smlouva, a/nebo v souvislosti 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 mlčenlivosti. Tato smlouva bude nabyvatelem uveřejněna
postupem podle zákona s tím, že informace označené žlutou barvou budou znečitelněny.

TECHNICKÉNÁKLADY: satelitní náklady jsou zahrnuty v ceně poskytovaných práv. Jakékoliv další
náklady (např. na komentátorské pozice, unilaterál) si bude nabyvatel vyřizovat a hradit nad rámec
této smlouvy.

Nedílnou součástí této smlouvy je příloha č . l : CEV 2025 - 2032

Tato smlouva je vyhotovena ve 2 písemných vyhotoveních, z nichž jedno obdrží ČT, jedno Poskytovatel.
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 dnee Ííf...        V Praze dne 13.8.2025

         Pragosport, a.s.              Česká televize
          Poskytovatel                    Nabyvatel

                                        vz. Miicchhaal l Fila
                           ředitel divize Korporátní služeb

                                                                                                                  3
Příloha č. 1 CEV 2002255 - 2032

                                          Schedule

1. Event(s)                      Type A Events

i

                                 Type B Events

                                 Event Organiser reserves the exclusive rigghhtt to broadcast (by itself or by

                                 an appointed third-party on its behalf) the Type B Events in the Host

                                 Country in any and all media. In thiiss respect, Licenseeacknowledges and

                                 agrees that, should the Territory (or a part thereof) become a Host

                                 Country for a particular Type B Event, Licensor shall not be entitled to

                                 license the Rights to that specific Match and/or Event(s) t o Licensee.

                                 Nothing in this Agreement may, however, prevent the Licensee from

                                 having such rights granted to itt by the Event Organiser.

2. Ultimate Rights Owner         Confédération Européenne de Volleyball a.s.b..ll..
3. Content
4. Exploitationn Period          488, routě de Longwy
5.. Rights
                                 1940 Luxembourg

                                 ("CEV")

                                 All audio, visual and audio-visual content (in whole or in part) in

                                 connection with thhee Event(s) on a live, near-live, delayyeedd,, highlights orr

                                 clips/excerpts basis.

                                 From                   provided, however, that

                                 the Rights become non-exclusive thirty (30) days following completion

                                 of such last Match.

                                 The Licensee shall háve the rigghht t to transmit the Content, o r any part

                                 thereof, via the Permitted Meaannss,, exercisable only duurriningg the

                                                                                            4
6. Peerrmmitittetded Means  Exploitation Period, o n the Designated Channel(s), in the Language and
                            within the Territory.
7 . Minimum Broadcast
      Coommmmitimtmenetnt   Exploitation of the Content shall, other than where expressly indicated
                            otherwise i n this Agreement (in particular, as provided for by t h e
                            Reserved Rights and Exploitation Period), be o n an exclusive basis.

                            Events may be transmitted o n a live o r delayed basis (to the extent any
                            such delay does not permit transmission outside of the Exploitation
                            Period).

                            Any and all technical means or distribution systems (whether presently
                            known, o r developed, created, invented o r becoming ready for use in
                            the future) which enable that Content to be transmitted and received
                            inn any signál f o r m á t and i n any medium, platform o r fórum for
                            communication using any existing or future devices (including, without
                            limitation, wearable and other mobile devices) which permit the
                            Content to be viewed, interacted with or otherwise consumed at any
                            t i m e o r inn any manner chosen by either t h e recipient, Licensee o r
                            broadcaster or distributor of that Content (if different), but excluding
                            any form of public o r private transport) spaces and/or other venues
                            and means and/or by way of public viewing.

                            To t h e extent t h a t there is any form of distribution o r exhibition via
                            sociál networks or via digital platforms, this may only také plače on
                            Licensee's branded Digital Platforms, provided, however, that such
                            distribution or exhibition shall not be considered for the purpose of
                            Licensee's fulfilment of the Minimum Broadcast Obligation.
                            Licensee guarantees that the following miinnimimumum transmission
                            requirements inn respect of Content will be m e t :

8. Reserved Rights          CEV Reserved Rights

                            Digital Plaattffoorrmmss - Live
                            CEV shall háve the co-exclusive right to transmit t h e Content o n a live
                            and/or delayed basis o n their non-geo-blocked Diiggitiatal l Platforms,
                            prroovvididede,d, however, t hat such transmission shall be made o n a pay basis

                                                                                                                                                     5
only (but never in the Language).In the event that a Match and/or Event
wiilll not be broadcast live or same-day delayed on television orr Digittaall
Platforms (with the exclusion of sociál media) by the Licensee, CEV may
transmit the Content onn a live and/or delayed basis in the Teerrrritiotoryry on
their geo-blocked Diggiittaall Platforms, also on a free basis. The Licensee
shall inform the Licensor (by e-mail) which Matches and/or Event(s)
will be transmitted Live orr same-day delayed and on which platforms.
Such Information shall be notified to Licensor at least seven (7) days
before the respective Match and/or Event(s); inn čase that Licensor
does not receive such Iinformation, it is deemed that no such
transmission is intended and CEV shall be entitled to exploit such
Match and/or Event(s) on the Diggiittaal l Platform as specified herein.

Digital Platform - Clips
CEV reserves the non-exclusive right to transmit (or distribute for
transsmmiissssioionn)) Highlliigghhttss of up to a maximum of fivvee (5) minutes of each
Match o n CEVs's,, Licensor's, Event Organiser's, National Federation's,
Athletes' and/or the Commercial Affiliates' Digital Platforms, not
earliieerrthan the completion of the such Match.

Official chaannnneelsls-- Near-Live Clips
CEV reserves the non-exclusive right to transmit (or distribute for
transmission) up to a maximum of five (5) near-live clips of up to a
maximum of ten (10) seconds each on CEVs's,, Event Organiser's,
National Federation's, Athletes' and/or the Commercial Affiliates'
official channels, platforms or forums.

Beettitning g
CEV reserve the right to exploit all forms of betting and gammbblilningg on the
Event(s) in any media or of any formát whatsoever, subject to the
following: a) screen size in compliance with current industry standards
of a maximum of thirtyy three per cent (33%) of the screen size (with the
exception of mobile screens for which noo reduction is required) or
industry standards which may become customary throughout the
Exploitation Periioodd;; (b) limited image resolution (700KB/second H264
encoded stream) and (c) end-user registration processes (subscription
only).

Films/documentaries
Licensor shall reserve the right to grant to any third party the rigghhtt to
produce documentary, film and/or similar programming for exploitation
using any media whatsoever provided always such exploitation shall not
commence earliieerrthan the end of the respective Event.

News Access and Highlights
Licensor shall be entitled to grant to any third-party, the non-exclusive
licencee of the right to transmit (a) news clips as part of, and/or for
inclluussiioonn in/by any pan-regional or international news coverage (such as
e.g. Euronews, CNN, Deutsche Welle) and/or news coverage deals for
generally scheduled news programmes and/or (b) Highlights (as
standalone or as part of and/or for inclluussioionn in any type of magazíne
programmes), by means of any media whatsoever, provided always that

                                                                                                                         6
                          t h e exercise of such licence by each such third-party shall be limited to
                          excerpts of up to three (3) minutes per Match for broadcast n o earlier
                          than the end of the respective Match.
                          Licensor shall be also entitled to grand to any party, which is part of its
                          corporate structure, the non-exclusive licence of the rightto transmit,
                          in the Territory (or any part thereof) and by means of any media
                          whatsoever, Highlights provided always such exploitation shall not
                          commence earlier t h a n 10 seconds after relevant action and shall be
                          limited to three (3) minutes of footage per Game and the footage will
                          include t h e logo of t h e Licensee during t h e whole footage.

                          Block-chain assets and search inventory tools
                          Any and all rights in respect of cryptocurrency and blockchain-based
                          digital assets such as Non-Fungible Tokens (NFTs), as well as any related
                          search inventory (such as Google, OneBox) are reserved and shall not
                          be exploited by the Licensee under t h e scope of this Agreement.

9. Production Obligation  • Should a Type A Event (excluding CEV Snow Volleyball European
                              Championship ( M e n & Women) ("EuroSnowVolley") and CEV
                              Beach Volleyball King of the Court European Finals (Men &
                              Women) také plače in the Territory during the Exploitation Period
                              t h e n Licensee shall be responsible as Licensor's appointed host
                              broadcast partner for t h e production o f a Live Feed o f such Event
                              (each such Event to be produced hereunder by Licensee a
                              "Licensee HB Event"). For t h e avoidance of doubt, it is agreed t h a t
                              such production may be undertaken either by Licensee itself o r by
                              a third-party subcontractor engaged by Licensee.

                          The Licensee shall produce t h e Live Feed o f each Licensee HB Event in
                          accordance w i t h t h e production guidelines (hereinafter referred to as
                          "Production Guidelines"), as further set o u t i n detail i n t h e attached
                          Schedule 1 to this Agreement, as t h e same may be reasonably
                          amended and agreed from time to time.

                          Licensee shall, in t h e production of t h e Live Feed for each Licensee HB
                          Event hereunder:

                          (i)   follow any and all reasonable instructions of CEV, Licensor,

                                their representatives, employees, the event security and any

                                other person supervising the production Services and t h e

                                observance of any (commercial) obligations in connection

                                w i t h the production Services o n behalf of CEV a n d / o r Licensor;

                          (ii)  make such Live Feed available to Licensor and/or any other

                                rights-holding broadcasters designated by Licensor from

                                outside t h e Territory free of charge for its use and

                                redistribution up o n a standard European satellite a t n o

                                additional cost to Licensor with n o more than three (3)

                                seconds delay from the live incident. This means, for the

                                avoidance of doubt, that Licensee shall bear the up-link and

                                space segment costs, but no other costs for use and

                                redistribution of t h e Live Feeds. It is acknowledged and agreed

                                7
10. Delivveerryy Formát             that inn Liceennssoorf's sole discretion, Licensor may elect to také
11. Technical Cost                  over and asssuummeethe handling and organisation of the booking
                                    of the satellite space. Regardless of the Party handling the
                                    booking, Licensor will be inn charge to coordinate the signál
                                    distribution internationally and nationally towards any and
                                    takers.

                         If, inn Licensor's reasonable vieeww,, Licensee is not in a position to comply
                         with its obligations hereunder (for example, iff the quality of Licensee's
                         production will not meet the required standards of Licensor) then
                         Licensor may decide to háve all or part of the productions referred to
                         herein produced byy a third party at costs mutually agreed and
                         reflecting market value for such production standard to be borne by
                         the Licensee.

                         Without prejudice to the foregoing, Licensor reserves the rigghhtt a t its
                         sole discretion to act as the host broadcaster or to appoint a third party
                         to act as Licensor's host broadcast production partner for any Event.

                         In either čase, Licensor may determine that Licensee is able to provide
                         part of the required obligations and, in such circumstances, Licensee
                         will co-operate fully with Licensor and/or any such third party
                         appointed to deliver those obligations which Licensee is n o t appointed
                         to provide.

                         Licensee will be responsible and liable for any and all injury, loss o r
                         damage caused to Licensor or any third party arising out of Licensee's
                         production activities hereunder. Licensee shall také out and maintain
                         at all timmeess, , appropriate Insurance t o cover such liability and shall,
                         upon request from Licensor, provide a copy of the relevant Insurance
                         policy to Licensor.

                         Licensor shall procure the delivery of the Live Feed of each Event
                         (other than each Licensee HB Event) via European satellite, such
                         delivery point referred to herein as the "AcccceessssPoinntt"".
                         Delivery of the Basic Feed for all the Events shall be free of charge, with
                         the exception that Licensee is inn charge of the production, where i t
                         shall ensure the uplink and space segment are provided unless
                         Licensor elects to be inn charge of satellite space, which shall be charged
                         to Licensee at an agreed fee which shall be inn line with market rates
                         for satellite space. The delivery of the Basic Feed will be by satellite,
                         however, if Infront elects to deliver the Events via fibre or by streaming
                         technology, the Parties shall discuss in good faith and be provided at
                         no extra cost.

                         8
i

                                                   GENERAL TERMS AND CONDITIONS

1 DEFINITIONS
       Applicable Law means all applicable laws, regulations, rules, codes of practice, guidelines, directions and
       decrees imposed by law or any competent authority, includdiinngg those issued by CEV, the International
       Federation of Volleyball (FIVB),the International Olympic Committee (IOC) and/or by any other the sports
       organisations having authority over the Events and the pertinent Event(s);

       Athlete means an athlete participating inn a Match during any of the Event(s) during the Exploitation Period;

       Broadcast Sponsor means any person who is entitled by virtue of any contract or arrangement with the
       Licensee to associate its name, trademark or brand or any of its Services and/or products for promotional
       purposes with the broadcast(s) of any or all of the Conntteenntt;;

       Commercial Affiliate means any entity to which any sponsorship or similar marketing rights háve been, or
       may be, assigned, licensed, sub-licensed or sub-contracted by, or on behalf of, Licensor, CEV or the Event
       Organiser in relation to the Event(s) or Event.

       Data means all data and other Information relating to eithheerr Event(s) and/or any Match and/or any Athlete
       taking part in an Match (insofar as that data or other Information relates to either Event(s) and/or any
       Event), incluuddiinngg all schedules,scores,player Information, biometrical athlete and/or statistical Information
       relating thereto;

       Digital Platform means the official website or official sociál media presence including, but not limited to,
       Facebook. Twitter, Instagram and YouTube pages, as well as other sociál media accounts that are affiliated
       with, and controlled or programmed by, their relevant owner.

       Domestic Broadcaster means a broadcaster inn the Host Country whiicchh has entered into an agreement with
       Event Organiser to transmit and/or broadcast the Events in the corresponding Host Counnttrryy;;

       DTH Delivery or DTH means the transmission of audio-visual content in an intteellilgigibiblele form by means of a
       signál which is transmitted direct from a satellite to a satellite dish (or any other form of satellite reception
       equipment now available or developed in the future) at the plače of reception for the purpose of viewwiinngg
       that audio-visual content at that plače of reception (and not forr the purpose of re-transmission to any plače
       other than that plače of reception);

       Match means any Volleyball, Beach Volleyball or Snow Volleyball match which forms part of the Event(s)
       during the Exploitation Period.

       Evenntt Loggoomeans any logo created by or on behalf of CEV in relation to any of the Content (or Event(s)
       comprriissiinngg it) as may be notified in wriiťtiinngg from time to timmee; ;

       Evenntt Marks means the Event Name and Event Logo, emblems and devices (in any application) legally
       adopted by CEV as a visual design symbol of the Event(s) as well as the marks/logos of the Events and
       references to Match venues, excluding any reference too CEV;

       Evenntt Name means such name for each Event(s) as may be notified inn writing from time to time;

      Evenntt Organiisseerr means each National Federattiioonn,, Participating Team and/or Participating Club responsible
       for hosting and staging the Event(s), appointed by CEV whether with single purpose or noott;;

      Forrccee Majeure Evenntt Evenntt of Forrccee Majeure means any event affecting performance of either party's
       obligations undeerr this Agreement arising from or attributable to acts, events,, omission or accidents which
       are beyond the reasonable control of the affected party including any abnormally inclement weather, flooodd,,
      lightning, storm, filree,, explosion, earthquake, subsidence, structural damage, epidemie, pandemic or other
      natural physical disaster, failure or shortage of power supplies, satellite or other Communications links or

                                                                                                                                                                                   9
       technical faaiilulurere, , war, military operations, riot, crowd disorder, strike, lock-outs or other industrial accttioionn, ,
       terrorist action, civil commotion and any legislation, regulation, rulliningg, , decision or omission (including
       failure to grant any necessary permissions) of any relevant government, court or any competent national
       or international authority (which, inn the čase of Licensor, shall include any Iinternational Volleyball, Beach
       Volleyball or Snow Volleyball authority(ies) to whom Licenssoorr may be subordinate;

       Host Country means, i n relation to any Match or Event(s), the country inn which the Match is staged;

       Intellectual Property Riigghhtsts means all intellectual property rights including patents, registered designs,
       trademarks, copyright, database riigghhtsts, , dessiiggnn rights and all similar property rights including those
       subsisting (in any part of t he world) inn inventions, designs, drawings, performances, Computer programmes,
       confidential ‘iInnforrmmaatitoino,n, business names, goodwill and the style and presentation ofggooods or Services and
       application for protection of any of the above rights;

       Live Feed means the pre-cleared, international broadcast quuaaliltiyt,y, live and contemporaneous feed of Match
       footage of Domestic Broadcaster Live Eventss,, with graphics (including on-screen credits for n o more than
       one (1) Event(s) sppoonnssoor,r, if any inn addition to what specified in Section 4 below), standard title sequences
       (opening and closing), break bumpers, replay animations with English commentary at Licensor's discretion;

       Overspill means the reception of audio-visual content outside a territory due to the inherent incapability
       of satellites to beam down signaIls which are confined to territorial boundaries and of over the air analogue
       and digital terrestrial transmissions to unavoidably overspill into adjacent territories;

       Production Obligation means the obligation of the Licensee in the Schedule;

       Production Standard means the minimal technical and operational requirements that must be adhered to
       byy the Licensee when producing License HB Events, as set out i n the Schedule;

2 GRANT OF RIGHTS
2.1 In consideration o f and subject to the performance by Licensee of its obligations in this Agrreeeemmeennt,t, Licensor

       hereby grants the Rights t o Licensee.

2.2 In the course of exercising the Rightss,, the Licensee undertakes to ensure that it shall not (nor authorise any
       third party to) broadcast, make available or transmit any of the content licensed hereunder other than in
       the Language, inn the Territory, usiinngg the Designated Channel(s) via the Permitted Means.

2.3 Subject to anything stated herein to the contrary, Licensor will not during the Exploitation Period use or
       exercise the Rights in the Territory itsseelfl,f, nor shall i t grant rights to any third party to dosso. Notwithstanding
       this, Licensee acknowledges and agrees that CEV a n d / o r the Event Organiser shall be entitled themselves,
       and to authorise the Athletes and/or Commercial Affiliates, to make Match footage and other Content
       available in accordance with the Reserved Rights.

2.4 Any and all rigghhtsts inn and to footage of Events and any other Coonntetennt t which are n ot expressly and specifically
       granted to the Licensee pursuant to this Agreement are hereby expressly and unconditionally excluded from
       the scope of this Agreement and reserved to the Licensor, CEV and/or Event Organiser and may be exercised
       and exploited by t he Licensor, CEV and/or Event Organiser in their/its sole discretion.

3 N/A

4  SPONSORSHIP AND ADVERTISING

4.1 CEV may from time to time appoint data, Iinformation technology and/or timing partner(s) and Licensee

   wiill l be required to acknowledge that appointment o n screen during livvee and/or delayed Match broadcasts

   and i n higghhlilgighhtsts programming of Events through the use of on-screen credits (subject to any applicable

   broadcast regulations and/or codes and to the Content provided containing the necessary elements).

                                                                                                       10
4.22 Licensee shall not by itself authorise or permit the exclusion or substitution of any signage o r promotional
         materiál at any Match or the insertion o f any "virtual advertisements" o n the fiieeldld of play during any
          Event, savé as otherwise may be required to comply with Applicable Laws or as approved by CEV and/or
          Liceennssoorr.. Notwithstanding the foregoing sentence, Licensee may authorise or permit the insertion of
         vViirrttual advertisements or overlays immediately before or at the end of the Match (in each such čase
          subject t o Applicable Laws).

4.3 Licensee shall not interfere with, alter, delete and/or obscure the visibility of any sponsorship and/or
          advertising materials of whatsoever nátuře and howsoever displayed ({including, without limitation, those
         displayed o n Athlete's kiitt,, advertising sites or on any Athlete's sports footwear, kit or other cdlootthing worn
         during thhee broadcast) to the extent that the same are visible in the originál broadcast coverage of the
         Match footage supplied to Licensee.

4.4 Licensee shall be entitled to appoint Broadcast Sponsors to buuyy commercial airtime immediately before,
          during and after any transmission of the Match or Event(s), provided that (i) neither a competitor of an
         Event(s) title sponsor (to the extent there is any) may be appointed as a Broadcast Sponsor under any
          circumstances and (ii) the Event(s) title sponsor (to the extent there is any) is provide with a first rigghht t of
         negotiation. Notwithstanding the foorree--ggooinign,g, Licensee shall however n o t grant to any third party the right
          to exploit any such sponsorship or other commercial opportunities i n relation to any of the Rights in any
          way which States, suggests or implies an association of such third party wiitthh, , o r endorsement of such third
         party of, CEV,any Athlete, any Event(s) orr Events or any CEV' sponsor or commercial partner.

4.55 Licensee shall háve the rights to use Athlete's and Events' images, pictures, photographs and elips i n order
         to promote their broadcast of the Events onnllyy, , subject to Applicable Laws in the relevant territory and the
         limitations imposed by the terms of the Participation Agreement signneedd by each Athlete, and solely for
         t he purpose of exploiting the Rights (and inn no circumstances in any advertisement marketing and/or
         promoting, or as any form o f express or implied endorsement of any other product or Service ). For the
         avoidance doubt, CEV makes n o warranty or representation as to the ownership of any intellectual
         property, personality, image or other rights contained within such footage. However, CEV wiill l use its best
         efforts to ensure that all clearances and warranties with respect to the intellectual property within the
         footage are obtained.

5  FURTHER OBLIGATIONS OF LICENSEE

5.1 Licensee undertakes that throughout the Exploitation Period i t will comply w i t h the Minimum Broadcast

   Coommmmltmitmenet.nt.

5.2 Licensee shall not interfere with, alter, delete and/or obscure all of or any element or portion of any of
         the graphics comprised inn the Live Feed or provided for incorporation into the Live Feed to be produced
         hereunder by Licensee o f each Licensee HB Event and vissiibblele on the viewed sereen at any point from
         delivery to the Access Point until such viewing on the sereen of the viewer. This shall not prevent Licensee
         from adding its o wn sereen graphics and/or crawler, ticker (or similar) after provision to i t of the Match
         footage inn the Live Feed providing that the position/size/design of same shall n o t inn any way interfere
         with, alter, delete and/or obscure all of or any element or portion of any of the graphics otherwise visible
         on sereen to the viewer, and provided that Licensee may not impose, superimpose or incorporate (by
         means of vViirrttual advertising or otherwise) any additional or alternativě sponsorship or advertising
         materials Iinn the television broadcast pictures of any Match footage without the prior written consent of
         Licensor.

5.3 Subject to the restrictions inn Clause 5.2 above and Applicable Law, Licensee may (i) add commentary in
         t h e local country language(s); (ii) add unilateral footage; (iiiii)) add the Licensee's customary television
         channel Service or looggoo;; and (iv) produce promotional traillers for the sole purpose of promoting its
         broadcast of the Content.

5.44 Licensee shalll,, to the extent permitted by applicable broadcast regulations and/or codeess,, provide speecciifficic
         accreditation to the title sponsor of the relevant Event(s) inn its programming (including, for example, visual
         and verbal references to any official Event(s) title (i.e. always usiinngg the official name of the relevant
         Event(s), including the name of any title sponsor) and use the approved Event(s) logo(s), including the

                                    ii
         opening and closing title sequences. Licensee shall use best efforts to insert the appropriate copyright
         notice required by CEV i n a separate frame inn the closing titles of any programming containing the
         Coonntetennt.t.

5.5 Licensee shall use its best endeavours to promote the Event(s) using i t or their official name whenever
         promoting or marketing the broadcast of Match footage. Licensee shall always refer on its website and in
         any other written and/or graphical materials, except where itt would be contrary t o local law, regulation
         or officially observed code o f practice, to each Event(s) by its then current title name, including the name
         of any then current title sponsor.

5.66 Licensee shall n ot itself, nor authorise or permit any third party too,, transmit any Content as part of any
         programme or Service based around or including betting.

5.7 Licensee shall n o t collect, compile, usee,, reproduce, supply or distribute any Data derived from any Match
         footage supplied t o i t other than for the purposes of including the same in any programming itt may
         transmit. Where Licensee intends to use or display any Data relating t o the Event(s), Match or Athlete(s)
         (other than that collated by i t from Match footage) during its broadcasts of any live Match itt shall:

   (ii)) only use or display offfficiciaial l Data provided to itt byy an official supplier appointed byy CEV and/or the
          Event Organiser; and

   (iiii)) only permit any sponsorship of such official Data by a party which has been approved i n advance byy
          CEV and/or the Event Organiser, such approval not to be unreasonably withheld or delayed.

5.8 Licensee shall comply with any applicable mandatory laws and regulations inn the Territory as well as any
         brand guiiddeelilnineess issued to itt by CEV and each Event Organiser from time to time, which shall inccluluddee, ,
         without limitation, faithful and actual reproduction of the colours, language, dessiiggnn and/or appearance
         of the Event Marks.

5.99 Licensee shall n ot use the Event Marks i n any manner contrary to public morals or which might
         compromise or reflect unfavourably upon the good name, reputation and image of the Event Organiser,
         CEV, the Events and/or the Licensor.

5.10 Licensee shall, subject to CEV obtaining all necessary cdleeaarrances, licences and consents, use and
         incorporate the official competition music (including jingles), i f any,, and shall promote and feature the
         official mascot (if any) i n its transmissions of the Event(s). Licensee shall be responsible for all the
         performing rights clearances in respect of any musical composition (including lyrics) in the Territory
         incorporated in any Content arissiinngg by virtue of Licensee's exercise of t he applicable Rights.

5.11 Licensee shall supply to Licensor by n o t later than 30 (thirty) days after the end of the respective Event(s)
         returns showing the audience figures reasonably available to i t for each transmission of the Event.

6  OVERSPILL AND TERRITORIAL PROTECTION OF SIGNÁL

6.1 Licensee acknowledges that Event Organiser and Licensor háve entered into and/or wiill l enter into

   agreements with one or more third parties for the right to transmit Content outside the Territory and that

   any transmission of any Content outside the Territory byy Licensee savé as set out below may result in

   Event Organiser and/or Licensor being in breach of one or more such agreements. In such circumstances,

   Licensor reserves the right to suspend the exercise of the applicable Rights until satisfied that the situation

   has been resolved. Where Event Organiser and/or Licensor are determined to be in breach of such third

   party agreements, Event Orgaanniisseerr and/or Licensor shall be entitled to compensation from Licensee equal

   to any damages payable byy Licensor/Event Organiser inn respect of such breach pursuant to a decision of

   court of competent jurisdiction or a settlement (Event Organiser and/or Licensor shall promptly provide

   Licensee w i t h all relevant Information in relation to the claim. Licensee shall reimburse Licensofs and/or

   Event Organiser's reasonable costs i n relation to the claim).

6.2 Transmissions of Content by Licensee:

                                                                   12
(i)) by means of DTH Delivery, shall, if, capable of being received outside the Territory using standard
          domestic or commercial premises satellite receiving equipment be securely encrypted and
          Licensee shall not knowingly authorise or enable any person to receive or viieeww an unencrypted
          signál for any such transmissions who is outside the Territory orr who is otherwise not authorised
          to receive and/or view the same;

(iii)) by means of digital/analogue terrestrial transmission shall háve de minimis Overspill and (where
          any such licensing is on a free-to-air rather than pay basis) shall only be transmitted pursuant to a
          bonaffidee licence for free-to-air terrestrial transmissions;

(iii) shall not be authorised for retransmission outside the Territory by cable or otherwise; and

(Iiv) by means of the internet (including via mobile apps) are effectively geo-blocked using an industry
          standard geo-filtering mechanism, w i t h an accuracy of at least 95%, that checks the customer is
          accessing the Service from inside the Territory before allowing the customer to viieeww the Content.

6.3 Any transmissions of Content byy Licensee which may be capable of reception outside the Territory due to
         Overspill (or, i n respect of broadcasters within the European Economic Area (EEA), where Licensee may
         make subscriptions to its teelleevvisisioinon channels available to residential only subscribers/customers inn t he
         EEA) shall not be directly promoted (or otherwise in any way actively marketed or sold) to persons residing
         outside the Territory.

6.44 Inn addition to the above, Licensee shall use effective geo-blocking and digital rights management
         technologies inn respect of any transmissions of Content to enssuurree,, so far as reasonably possssiibblele, , that any
         person receiving or accessing any Content is prevented from:

(i)      forwarding any Match footage to any other person; or

(iiii))  transferring or otherwise posting any Match footage on any electronic Communications site or

         Service (such as YouTube or live streaming sites) which can be accessed by third parties;

and shall ensure that any Match footage which is streamed is i n an encrypted form that is only accessible
(decrypted) through the control of the digital rights management systém.

6.5 Licensor acknowledges and agrees that broadcasts of Content that are capable of reception and viewing
          o n mobile devices i n the Territory (Mobile Service) may be capable of being received and viewed outside
          t h e Territory byy customers who subscribe to that Mobile Service inn the Territory o n the basis that they
          are resident inn t h e Territory (International Roaming Transmissions) provided that:

          (i) Licensee shall use its reasonable endeavours to procure that each Mobile Service provider ensures
                 that customers who subscribe to receive International Roaming Transmissions are only entitled to
                 d o so via a moobbiliele device with a simm card registered to an address i n the Territory; and

         (ii) the fact that any International Mobile Service is so available outside the Territory shall not be actively
                 marketed or actively promoted by or with the authority of Licensee;

          and Licensor agrees that, subject to the relevant provisos being complied with, the reception and viewing
          of Content outside the Territory in the manner described above shall not constitute a breach byy Licensee
          o f this Agreement. These provisions shall apply mutatiss mutandis to Licensee and Licensor inn respect o f
          any mobile Service provider appointed by Licensor o r Event Organiser which operates outside of the
         Territory and whose customers may roam internationally inside the Territory.

6.66 Licensee acknowledges that transmissions of Content by offlicially licensed broadcasters outside of the
         Territory may be capable of reception inside the Territory due to Overspill or pursuant to Applicable Law.
         Licensor shall include inn each such broadcaster agreement (and use reasonable endeavours t o enforce) a
         provision that, all transmissions of Content:

                                                                                                    13
   (i) byy means of DTH Delivery shall, i f capable o f being received inside the Territory using standard
             domestic or commercial premises satellite receiving equipment, be securely encrypted and that i t
            shall not knowingly authorise or enable any person to receive or view an unencrypted signál for
             any such transmissions who is inside the Territory or who is otherwise not authorised to receive
             and/or view the same provided that Licensee acknowledges and agrees that there may be (a)
             limited decryption for short promotional periods and/or (b) limited elips of Match footage may be
             made available on news Services which may be distributed on an unencrypted basis;

   (ii) where Transmitted by means of digital or analogue terrestrial television, such Overspill is de
            miniimmisis-;,

   (iii)i) shall not be authorised for retransmission outside the relevant territory by cable or otherwise,
             unless required by law and/or governmental rules and

   (iv) by means of the internet (incdluding via mobile apps) are effectively geo-blocked using an industry
            standard geo-filtering mechanism, with an accuracy of at least 95%, that checks the customer is
             accessing t he Service from inside the relevant territory before allowing thhee customer to use any
            Service upon which any Match footage is made available;

           and Licensee agrees that such Overspill shall not constitute a breach by Licensor of this Agreement.

6.77 Licensee acknowledges that Licensor cannot guarantee protection inn čase of unauthorised use of audio-
         visual materiál related to Events by third parties.

7  PROVISION OF LIVE FEED AND ANCILLARY CONTENT

7..11 Licensor shall provviiddeethe timetableefor each of the Event(s) to Licensee promptly after it shall beggeennerally

   released and shall promptly notify Licensee o f any changes too such timetable frroomm time to time. Licensor

   shall provide Licensee w i t h scheduling and start time Information for each live Eveenntt,, together with

   Information as regards any postponement, abandonment o r re-scheduling of a live Event, where available,

   as soon as practicable but i n noo any event no later than seventy two /72) hours before each relevant live

   Event.

7.2 Licensor shall notify Licensee of the relevant live Events comprising the Content and their dáte and
         commencement time promptly following Event Organiser having stablished the same.

7.3 Licensee acknowledges and agrees that CEV,and/or any such sports organisation may stage the Events at
          their diseretion and shall retain full control over formát and features of the Event(s), (e.g. dates and
         commencement times as well as Events selection and scheduling), including all venues, sponsorship,
         advertising and promotion in relation therewith.

7.4 Licensor shall ensure that the Live Feed (other than each Licensee HB Event) shall be made available t o
         Licensee at t h e Access Point or elsewhere as may from t i me to time be agreed in writing.

7.55 Licensee acknowledges that, from time to tiimmee, , for technical reasons beyond Licennssoorť's reasonable
         control, there may be disruptions to the Live Feed. Licensee agreess that Licensor shall n o t be deemed to
         be inn breach of its obligations under this Agreement as a result of any such disruptions and accordingly
          that i t will not be entitled to any adjustment in the Licence Fee (nor to any other rigghht t or remedy against
         Licensor) in respect of the same.

7.6 Unless agreed otherwise, all tápe costs and any other technical charges shall be invoiced separately at
         then current rate card prices, and which shall be for the sole account of Licensee.

7.77 Licensee agrees that Licensor's obligations to Licensee inn respect of the provision of Content hereunder
         shall cease upon delivery of the same to the relevant Access Point. Accordingly, access to such feeddss and
         content and the onward relay and transmission of the same shall be at the sole cost and riskk of Licensee.

                                                 14
7.8 Licensor shall provide to the Licensee, upon request, suitably equipped commentary positions, space,
         power, ligghhtitnigng and equipment necessary for Licensee to supplement the Live Feed wiithth an uníilateral feed
         and free access to the uníilateral zone to enable Licensee to position its personnel and install its
         equipment; all such requested additional Services t o be charged to Licensee at standard rate-card.

8  COPYRIGHT AND INTELLECTUALPROPERTY

8.1 Pursuant to thhisis Agreement, Licensee shall háve the non-exclusive rigghht t to use the Event Marks in

   connection with the promotion and advertising of t h e Righhttss,, but n o t so as to constitute an endorsement

   of any good(s), service(s) or brand(s) or in connection with any third-party name, loggoo trademark, brand

   name, symbol o r the likkee other than the Event(s) comprising the Content and the Events played therein.

8.22 All rigghht,t, title and interest in (i) each Live Feed produced hereunder byy or for the Licensee pursuant to its
         Production Obligation (together with any and all feeds, signals and other materials produced by or for the
         Licensee inn the fulfilment of such obligations); and (b) all Content and any Intellectual Property Rights
         subsisting i n the same shall be and remain vested i n CEV.Licensee undertakes that, i n the event that any
         right, title or interest in or to any o f the Content or in or to the Event Marks (or any goodwill arising out
         of the use thereof) becomes vested in the Licensee (by the operation of law or otherwise), it shall hold
         the same i n trust for CEV and shallll,, at the demand of CEV,forthwith unconditionally assign free of charge
         any such right, tittlele, , interest or goodwill to CEV (or as CEV may direct). In the event that Licensee fails to
         execute and deliver such assignment within thirty (30) days of any request in writing therefor from CEV,
         the Licensee hereby irrevocably appoints and authorises the Licensor to execute the same on its behalf as
         its authorised ageenntt but for such purpose onnlyly and n o other.

8.3 In consideration of the grant of Rights to Licensee, Licensee with full title guarantee (savé to the extent
         that such copyright is already owned by the Licensor and/or CEV)hereby assigns to the Licensor (by way
         of a present assignment of future copyright) the entire copyright throughout t he world in all alterations
         (including added commentary), recordings and other copies (in any form or medium) of the
         Content, which are made by or with the authority of the Licensee pursuant t o this Agreement to hold the
         same unto the Licensorr absolutely for the full period of copyright i n all such recordings and other copies
         (including all renewals and extensions of all periods of copyright therein).

8.44 As is consistent w i t h CEV'slegal and beneficial ownership of the copyright i n all the materials mentioned
         above, subject only to the terms o f this Agreement, CEV shall be entitled t o use and exploit or authorise
         or otherwise permit or allow others (including Licensor) t o so use and exploit the same by any means and
         for any purpose whatsoever and in any part or parts of the world including the Territory.

8.5 Licensee shall not infringe the copyright, privacy rights, image or other rights of any third party i n
         exercising its rigghhtsts under this Agreement. Without limitation, Licensee shall, at its cost ensure that its
         use o f Content does not infringe the image, privacy o r other rights of any person or entity and shall obtain
         and pay for all third-party releases and permissions as may be necessary for Licensee's particular
         exploitation.

8.6 I f Licensee becomes aware of any unauthorised use or infringement of any intellectual property rights of
         CEV or the Licensor, including (without limitation) any breach of any copyright or other intellectual
         property rights i n the Events, it shall promptly notify Licensor in writing and shall co-operate in the
         prosecution of any actions brought by CEV and/or Licensor (in their discretion) i n relation to any
         unauthorised use or infringement of any intellectual property rights of CEV and/or Licensor and to
         promptly execute and provide to CEV and/or Licensor all documentation and Information as may be
         reasonably and properly required byy CEV and/or Licensor to prosecute the claim.

9  TERM AND TERMIINNAATTIIOONN

9..11 This Agreement shall commence and be binding on the parties as of the dáte set out and shall continue,

   unless terminated by either party i n accordance with the terms of this Agreement, until the end of the

   entire Exploitation Period.

                                       15
9.2 Each party may (without prejudice to its other rights under this Agreement or at law) terminate this
         Agreement forthwith by notice in writing to the other if:

         (i) such other party is in materiál default or materiál breach o f this Agreement (other than due t o an
                 Event o f Force Majeure), and such default or breach (if capable of remedy) has not been remedied
                 to the reasonable satisfaction of the other party within five (5) days (in the čase of a failure t o pay
                 any instalment o f t h e Licence Fee) or fourteen (14) days (in the čase of any other breach) o f a written
                 request so to do;

         (li) such other party has been unable to perform all or any o f its materiál obligations under this
                 Agreement as a result of an Event o f Force Majeure for more than thirty (30) days (in the čase of a
                 failure to pay any instalment of the Licence Fee) or three (3) months (in the čase of any other
                 breach); or

         (iii) such other party commits any act of bankruptcy or enters into any arrangement or compromise with
                 its creditors or takés advantage of any laws relating t o bankruptcy or insolvency (involuntary or
                 otherwise).

9.3 The parties' rights t o terminate this Agreement shall be without prejudice to the other rights and remedies
         it may háve under this Agreement or at law.

10 CONSEQUENCES OF TERMINATION
10.1 Upon expiry or earlier termination (for whatever reason) of this Agreement:

         (i) all rights, licences, permissions, consents and authorities (induding, without limitation, the Rights)
                   granted to Licensee hereunder shall immediately be revoked and cancelled and shall revert to
                    Licensor;

         (II) Licensee shall forthwith cease to exercise, use, and/or enjoy the Rights; and

         (iii) Licensee shall, at its own cost, forthwith surrender and deliver all Match footage t o Licensor
                    together with any and all copies thereof then i n the possession, power, custody, or control, of
                    Licensee, its representatives or agents. Alternatively, should Licensor so instruct, Licensee agrees
                    to erase any recordings obtained by it or made by it promptly after the use permitted under this
                   Agreement has been completed and, promptly after such erasure, Licensee shall deliver to Licensor
                    a certificate confirming such erasure.

10.2 In the event of any lawful termination of this Agreement by Licensor under Clause 9, the Licensor shall be
          entitled to retain (without prejudice to any of its other rights and remedies) in full all amounts of the
         Licence Fees paid by the Licensee prior to the effective dáte of such termination, and (if and to the extent
         not paid prior to the dáte o f such termination) all instalments of the Licence Fees shall immediately
         become due and payable and be paid to Licensor.

10.3 In the event o f any lawful termination of this Agreement by Licensee under Clause 9, Licensor shall repay
          to Licensee any monies paid i n advance.

10.4 Expiry o r earlier termination o f this Agreement for any reason shall be without prejudice to the rights and
         liabilities o f either party which háve accrued and been incurred prior to the dáte of expiry or, as the čase
         may be, earlier termination of this Agreement and shall be without prejudice to any provision of this
         Agreement which is expressed, or which by implication is intended, to remain i n full force and legal effect
         (notwithstanding expiration or earlier termination of this Agreement).

                                                                                                                                                                                              16
11 WARRANTIES AND INDEMNITY
11.1 Each o f the parties warrants, represents and undertakes to the other party that i t has aIlIl necessary rights,

          liceenncceess,, permissions, authorisations, power and capacity to enter into this Agreement and to perform
          the obligations hereunder and, in so doing, is not i n breach of any obligations nor duties owed to any third
          parties and w iIlI n o t be so as a result of performing its obligations under this Agreement. Each Party further
          warrants, represents and undertakes to the other Party that Iitt shall indemnify and keep the other party
          fully indemnified from and against all liabilities claims, actions, proocceeeeddinínggs,s, damages and loss suffered,
          incurred or paid by either o řr both in consequence o f or arising o u t of any breach o r non-performance of
          all or any of the covenants, warranties, representations, obligations, undertakings or agreements on the
          Licensee’'s part contained i n this Agreement (incdluuding any failure by Licensee to comply wiithth its
          Production Obligations hereunder inn relation to any Licensee HB Event).

11.2 Licensee further warrants, represents and undertakes to Licensor that:

          (i) i t holds all necessary licennsseess,, permissions or authorisations to operáte the Designated Channel(s)
                 and to make transmissions of the Content inn the Territory on the same;

          (ii) the obligations imposed upon the Licensee under this Agreement shall be performed by the Licensee
                 inn accordance with their terms and such oblliiggaatitoionsns are biinnddining g upon and enforceable against the
                 Licensee in accordance with their terms;

          (iii) i n its exercise of the Rights and the performance of its obligations, i t will comply w i t h all Applicable
                 Law;

          (iIv) it shall n o t make any broadcast or transmission of footage of any Match except duurriningg the
                 Exploitation Period, in the Language only and on the Designated Channel(s) by the Permitted Means
                 and for reception and viewing inn the Territory inn accordance with the terms of this Agreement;

          (v) its broadcasts of live Content shall be of a quality and standard generally expected of a leading
                 broaddccaasstteerrtransmitting prémium sports content;

          (vi) i t will n o t do anything which may inn any way damage the good name and reputation of CEV, the
                 Event(s), any Athlete, or the Licensor; and

12 LIMITATION OF LIIABILITY
Unless otherwise expressly provided i n this Agreement, and subject to mandatory statutory laws as applicable,
either Parties liability, whether under contract, tort, warranty, negligence, strict liability or other legal or
equitable theory, shall exclude any speecciiáál,l, puunnitiitviev,e, incidental, indirect or consequential damages, including
without limitation lost profits or lost revenues, and shall under n o circumstances exceed i n respect of all incidents
and occurrences in each calendar year of the Exploitation Period the aggregate of all amounts of the Licence Fee
which are payable by Licensee inn that year.

13 FORCE MAJEURE
13.1 Neither party wiill l be liable for any failure to perform its obligations unnddeerr this Agreement if and to the

          extent that such failure was caused by a Force Majeure Event and that each party shall use all reasonable
         endeavours to résumé the performance of its obligations hereunder as soon as practicable after the
         conditions causing such failure to háve ceased.

13.2 Neither party will be liable for any failure to perform its obligations under this Agreement i f and to the
         extent that such failure was caused by a Force Majeure Event or Force Majeure Events. If there is a
         restructure of any Event due to a Force Majeure resulting inn a reduction off t he number of Games whhicichh
         has a materially adverse effect o n Licensee to be documented by Licensee then a reduction of the License
         Fee shall be discussed inn good faith between the parties.

                                                                                                                                                                                 17
14 NOTICES
Any notice given undeerr this Agreement shall be in writing, inn English or Czechand signed by or on behalf of the
party giving it and shall be sent by hand, recorded deliveerryy or speciál courier Service to the address referred to
inn the Schedule (and to such person as may be notified in writing from time to time by the relevant party to the
other party).

15 GENERAL
15.1 Licensor and Licensee agree to exhibit the utmost good faith to the other in giving effect to the terms of

         this Agreement and hereby undertake to perform, and to procure the performance by other persons of,,
         all such acts as may be required to give effect to the import or intent of this Agreement and to refrain,
         and procure that other persons will refrain, from performing acts which are in conflict therewith, to the
         extent that this may depend on such party and be within its competence and power.

15.2 The rights, duties, obligations and liabilities of the parties shall be limited to those rights, duties,
         obligations and liabilities arising from this Agreement. Nothing in thiss Agreement shall be construed as
         creating a corporate partnership and/or joint venture whatsoever between the Licensor and Licensee or
         as limmiittiningg the powers or rights of any party hereto to carry on its separate business for its sole benefit.
         Licensor and Licensee shall act as independent contractors in the performance of this Agreement and
         each party shall be responsible for all actions of its staff and shall continue to be responsible in all ways
         for its own obligations as employer of its employees. Nothing inn this Agreement shall be construed or
         interpreted as to confer right, power, or authority to Licensee to binndd or make any commitment on behalf
         of the Licensor and/or to act or represent itself, as representative or employee of, or to binndd or incur
         liability forr the Licensor.

15.3

                                                              .

15.4 Licensor and Licenseeagree that they háve not relied on any representation or warranty not contained inn
         this Agreement in entering into this Agreement and all such warranties as may be implied by law are
         hereby excluded to the fullest extent permissible under the law.

15.5 This Agreement constitutes the entire agreement and understanding of the parties and supersedes any
         previous arrangement between the parties relating to the subject matter of this Agreement.

15.6 No modification or variation of this Agreement (or any document entered into pursuant to or inn
         connection with this Agreement) shall be valid unless itt is inn writing and signed by or on behalf of each of
         the parties to this Agreement.

15.7 No failure or delay in exercising any right, power or privilege hereunder shall operáte as a waiver thereof
         nor shall any single or partial exercise thereof preclude any subsequent exercise in laww,, equity or
         otherwise.

15.8 All rightss,, remedies and powers conferred upon the parties are cumulative and shall not be deemed to be
         exclusive of any other rights, remedies or powers now or subsequently conferred upon them by law orr
         otherwise.

15.9 Iff any proviissiioonn contained in this Agreement is finally determined by any court, tribunál or administrativě
         body of competent jurisdiction to be illegal, invalid or unenforceable, and the provision in question is not
         of a fundamental nátuře to the Agreement as a whole, the legalliittyy,, validity or enforceability of the

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         remaining provisions hereof (or portions of such provisions) shall not be affected and shall remain in full
          force and effect and this Agreement shall be construed as i f such illegal, invalid or unenforceable provision
          had not been contained therein.
16 COMPLIANCE
Integrity is one of the core values of Licensor and guuiiddiningg principle on how Licensor conducts business. Licensor
expects the same from its business partners, including Licensee. Licensor and Licensee both represent and
warrant to the other on behalf of itself and its employees, agents, representatives, affiliates and any person or
entity who performs Services on behalf of that party that:
  (i) i t has not, prior to the dáte of tthis Agreement, bribed or attempted to bribe any party inn ordeerrtoosseeccuure

            any business from the other party;
  (lii) it is familiar w i t h and will abide by the anti-bribeéry and anti-money laundering laws i n all of theccoouunntries

            inn which i t is incorporated or established and inn which i t does business;
  (iii) itt will not také or knowingly permit any action t o be taken that would cause the other party to be i n

            violation of any anti-bribery or anti-money laundering laws, including but not limited to, the Bribery Act
            2010 and the US Foreign Corrupt Practices Act, as they may be amended from time t o time;
  (iv) i t will establish and at all times maintain and implement such anti-bribery policies and procedures as
            may be required to ensure that it prevents bribery or attempted bribery taking plače; and
  (v) without prejudice to the generality o f the above, i t wiill l at all times during the Exploitation Period comply
            with all applicable laws pertaining to trade and Ffiinnaanncial sanctions, and that it wiill l not use the funds to
            be provided under this Agreement for any activity which is prohibited under any other applicable
            sanctions laws or make available any funds received under this Agreement to any person, entity or body
            which is designated by any applicable sanctions laws as the target of an asset freeezzee..

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                        SCHEDULE 1
              PRODUCTION GUIDELINES

A.
         (a)
         (b)

         (c)

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