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Mr. Donald Inks, Director <br />South Bend Redevelopment Commission <br />April 24, 2012 <br />Page 2 <br />2. The Term of the Event Agreement (one year with two additional one -year options to renew <br />in favor of the Tour) is approved by Owner notwithstanding the limitations contained in <br />Section 2.5 of the Management Agreement. <br />3. The Manager shall obtain event insurance to cover the additional risks imposed on <br />Organizer under the Event Agreement. The Owner and the Manager, as well as the Tour, <br />shall be named or additional insureds under such policy. The cost of the policy shall be a <br />cost of the Tournament and shall not be subject to the cost sharing provisions of Section 8.4 <br />of the Management Agreement. <br />4. The Tournament shall be an approved Owner Event for purposes of Section 12.3 of the <br />Management Agreement but shall not count against the limitations on preemption days set <br />forth therein. <br />5. To the extent that any of the obligations of Organizer relating to the operation of the <br />Tournament require the Manager to take any action that is not consistent with the <br />requirements or limitations contained in the Management Agreement, such requirements <br />or limitations are waived but only to the extent necessary to allow the Manager to properly <br />perform and discharge the obligations of Organizer under the Event Agreement. <br />Please have a duly authorized representative of the Owner sign and return a copy of this letter <br />to the undersigned to confirm the Owner's agreement to the foregoing. <br />Respectfully, <br />Kitson & Partners (Club Services) LLC <br />By: <br />Confirmed on behalf of the Owner: <br />South Bend Redevelopment Commission <br />By: <br />Dated: April_, 2012 <br />