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Section 7.05 EXCLUSIVE BROADCAST RIGHTS. The Team shall have the exclusive right to broadcast, televise, cablecast and webcast all Team Events and Team Special Events held in the Stadium during the term of this Stadium Agreement. ARTICLE VIII COMPENSATION PAYABLE BY THE TEAM TO THE PARK BOARD Section 8.01 AMOUNT OF COMPENSATION PAYABLE. In consideration of the use of the Stadium by the Team as provided herein, and the granting of the exclusive food, beverage, souvenir, Upper Deck, and novelty franchise, as provided for in Section 6.01 herein, the Team, shall pay to the Park Board the following payments during the term of this Stadium Agreement: The Team will pay the Park Board annually throughout the Term the sum of Seventy Five Thousand Dollars ($75,000) in five (5) equal installments of Fifteen Thousand Dollars ($15,000) from May 1 through September 1. In addition, the Team will pay the following annually throughout the Term: Per Ticket Amount Actual Turnstyle Attendance $ 0.25 125,000 — 174,999 $ 0.50 175,000 — 199,999 $ 1.00 200,000+ Section 8.02 MAINTENANCE OF BOOKS AND ACCOUNTS. All books, accounts, and records, including all state gross sales tax returns and such other reports that the Team may be required to furnish to any governmental agency, shall be open to the inspection of the Park Board at all reasonable times. Such books and records shall be maintained by the Team for at least a three -year (3) period from the end of the calendar year in which the filing as referred to herein occurred. The Park Board agrees that the purpose of such information shall be to gather information in preparation for renewal of the lease agreement. A Team representative shall meet with the Superintendent of the Park Department monthly during the Baseball Season to discuss matters of mutual interest. Section 8.03. REPORTS. The Team shall report actual attendance at all games at the stadium to the Board at its regularly monthly meetings from May through October. Section 8.04 NO WAIVER OF DEFICIENCY. The acceptance of any amount by the Park Board shall not be construed as an admission of the accuracy of the financial statement or statements filed with such amount or an admission or acceptance of the sufficiency of the amount to comply with the terms of this Stadium Agreement.