SECOND AMENDED MULTI-YEAR FESTIVAL PERMIT AGREEMENT By And Between ‘CHICAGO PARK DISTRICT And C3 PRESENTS LLC Dated as of MARCH 27, 2012‘TABLE DEFINITIONS ~ FESTIVAL sa ee : AUTHORIZATION : OTHER EVENTS. ce C3 RESPONSIBILITIES... xa [INTENTIONALLY OMITTED} sss ~ CPD RESPONSIBILITIES 7 ms APPROVAL RIGHTS sons : TERM AND TERMINATION. : FEES. PROFITS AND TAXES. ‘TRACKING AND AUDITING ... REPRESENTATIONS AND WARRANTIES AND DISCLAIMERS. INDEMNIFICATION. - INSURANCE COMPLIANCE Will LAWS, AND RESTRICTIONS ON USE MISCELLANEOUS. aSECOND AMENDED MULTI-YEAR FESTIVAL PERMIT AGREEMENT ‘This Second Amended Muli-Year Festival Permit Agreement (“Agreement”) is dated as of the 2TH day March, 2012 (“Effective Date”) by and between Chicago Park Distie, an nois munisial coporaon (he CPD"), and C3 Presents LLC, a Texas limited lability company (*C3") Recitals |A. —Putkways Foundation, an Ulinois not-for-profit corporation ("Patkways"), was party to that cern Amended Milter Festival Agreement dated as of December 19, 2008 by tnd among the CPD, Parkways and C3, which amended and restated that eersin Mul-Year Festival Agreement dated as of October 25,2006 by and among, the CPD, Parkway and Capital Spors & Enterainment Holdings, Inc. fk/a Capital Sports & Entertainment, Inc, 2 Texas corporation ("CSE") B, _CBis successor in interest to CSE. C. On behalf of Parkways, CSE and C3 (respectively) produced the 2005, 2006, 2007, 2008, 2003, 2010 and 2011 Lellapslooza Music Festivals in Grant Park, Chicago, Iinos. D. _Parkways no longer desires to be a party to this Agreement or participate in Lollapalooza Music Festivals. E. Given the positive response to the Lollapalooza Music Festival, the CPD and C3 desire to extend their agreement pursuant tothe terms and conditions set forth herein. F. This Agreement amend, restates, and replaces in its entirety the parties’ existing Amended Multi-Year Festival Agreement dated as of December 19, 2008 NOW, THEREFORE, in consideration of the representations, warranties and covenants ‘contained herein, and for other good and valuable consiéeation, the eceipt und sufficiency of ‘which i acknowiedged, the parties agree a follows: AGREEMENT 1. DEFINITIONS: “Amusement Tax” shall mean all amusement and admission taxes, fees, and other costs payable tothe Cty, Cook County or the State of Hlinois, whether now in existence or imposed in the future with respect to admission tothe Festival. “Applicasle Law” shall mean any law, governmental rule, regulation or ordinance, or jicial order or decree “City” shall meen the City of Chicago and al of its departments and agencies.