License Agreement West Annex Team Space

The License will be coterminous with the sublease between BPC Coliseum Inc. and the Tenant dated June 16, 2005, as amended and extended by a Sublease Extension and Amending Agreement dated July 1, 2025, and consented to by the City and the Board, as head landlord (collectively, the "Sublease"). In the event the Licensee, as subtenant, exercises its option to extend the Sublease for the ten (10) year period from July 1, 2035 to June 30, 2045, the term of the Licence will automatically be extended for the same period.

1, 2024 and ending June 30, 2035 with an automatic coterminous extension if the Licensee, as subtenant, exercises its right to extend the sublease of premises at the Coca Cola Coliseum for a further ten (10) years expiring June 30, 2045, substantially on the terms and conditions set out in Appendix "A" and Confidential Attachment 1, and such other and amended terms and conditions deemed appropriate by the City's approving authority and the Chief Executive Officer, Exhibition Place (the "CEO"), and in a form satisfactory to the City Solicitor. 2. The Board of Governors of Exhibition Place authorize the Chief Executive Officer to request the necessary City authorities to approve and enter into the License Agreement. 3. The Board of Governors of Exhibition Place direct that the confidential information contained in Confidential Attachment 1 to this report remain confidential, as this report deals with a proposed or pending acquisition or disposition of land by the City and the Board.