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KRKO SPONSORSHIP SALES AGREEMENT <br /> This Sponsorship Sales Agreement ("Agreement") is dated for reference purposes June 1, 2022, <br /> and is by and between the City of Everett ("Everett") and KRKO Radio ("KRKO"). <br /> 1. PURPOSE. The purpose of this Agreement is for KRKO to sell sponsorship radio spots, <br /> advertising and related items (collectively, "Sponsorships") for Everett's 4th of July Colors of Freedom, <br /> Festival, and Fireworks on July 4, 2022 (the"Event"). Persons purchasing Sponsorships are referred to as <br /> "Sponsors." <br /> 2. SPONSORSHIP SALES. KRKO will sell Sponsorships for the Event. For each Sponsorship, <br /> KRKO must obtain the Everett Project Manager's pre-approval of the Sponsor,the Sponsorship price, and <br /> Sponsorship terms and conditions. <br /> 3. SPONSORSHIP PAYMENT. No later than September 30, 2022, KRKO will pay Everett an <br /> amount equal to 40% of the total amount that KRKO receives in payment from all Sponsors for Event <br /> Sponsorships. Upon request, KRKO will provide Everett reasonable back-up information to demonstrate <br /> that KRKO's payment to Everett is accurate. <br /> 4. EVERETT PROJECT MANAGER. Tyler Chism, tchism@everettwa.gov. <br /> 5. MISCELLANEOUS. This Agreement represents the entire agreement between the parties <br /> relating to the subject matter herein and supersedes all other agreements and representations made prior <br /> hereto. No amendment hereof shall be binding on either party unless and until approved in writing by <br /> both parties. This Agreement may be signed in counterparts. Scanned copies of a signature or an <br /> e-signature on this Agreement will be considered the same as an ink signature. <br /> (signatures on following page] <br /> Qa----/ <br />