District Approves 10-Year Sponsorship Deal With Power Ad

Equipment provided at no cost to School; School earns 50% of collected sponsorship revenue (35% for sponsorships through National Partners platforms) after equipment cost is recovered; Company retains $1,000 from School revenue share for repairs/maintenance until term complete or payout requested

OTHER

10 years from the date equipment is installed, with automatic one-year renewals thereafter unless terminated with 60 days’ written notice before an anniversary

Initial 10-year term beginning upon installation of the equipment, followed by automatic one-year renewals unless the School provides written notice of intent to terminate at least 60 days prior to an anniversary date. Sponsor contracts continue in force and must be honored by the School even if the master agreement is terminated.

Contract