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South Bend Redevelopment Commission <br />Regular Meeting —March 13, 2012 <br />6. NEW BUSINESS (CONT.) <br />C. Airport Economic Development Area <br />(1) continued... <br />South Bend, d/b /a Blackthorn Golf Club <br />• Tournament title sponsor: Pokagon <br />Gaming Authority, d/b /a Four Winds <br />Casino Resort <br />• Tournament dates: August 6 -12, <br />2012 <br />• Initial pro -am date: Wednesday and <br />Thursday of Tournament Week <br />• Tournament course: Blackthorn Golf <br />Club, South Bend, Indiana <br />• Tournament purse: $150,000, unless <br />increased or reduced by the TOUR in <br />its sole discretion <br />• Tournament format: 54 -hole play, <br />cut after 36 holes (70 and ties) <br />• Tournament designation: official <br />• Term of Agreement: one (1) year <br />• Other: term sheet standing alone <br />shall not be deemed a contract <br />between the TOUR and organizer. <br />Neither the TOUR nor organizer shall <br />be bound to the term sheet unless and <br />until both the TOUR and organizer <br />have signed the FGTA, LLC <br />Tournament Sanction Agreement to <br />which this Term Sheet is attached <br />(the "Agreement "). Organizer shall <br />be subject to all terms and conditions <br />of the Agreement, and the <br />Tournament shall be conducted in <br />accordance with the TOUR's <br />procedures as set forth in the TOUR <br />Operations Guide .(including without <br />limitation the Media Services section) <br />and Brand Graphics Guidelines. <br />12 <br />