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Home My WebLink About2017-746-Visitor Bureau-STR Corporate Headquarters-holtel data I February 1 , 2017 c Ms . Laurie Paolicelli Chapel Hill/Orange County CVB 501 W Franklin Street Chapel Hill, NC 27516 Laurie : Thank you for selecting STR and its family of companies as your source of hotel data. We trust you have found the reports you have received over the past year to be valuable market tracking tools, and hope you will take this opportunity to renew. i The pricing and delivery schedule are as follows : t Report Frequency Subscription Period Price Multi- Segment Monthly 3 / 1 / 17 — 2/28/ 18 $25000 Multi- Segment Raw Data Monthly 3 / 1 / 17 — 2/28/ 18 $ 900 TREND Monthly 3 / 1 / 17 — 2/28 / 18 $ 25000 TOTAL $ 4, 900 The Standard Terms and Conditions you signed previously have not changed; therefore it is not necessary for you to sign another copy . They continue to govern your subscription. The republishing rights clarify what data can be republished, how long this data can be made available to the public, and the costs for additional rights should you require expanded coverage . So, please read the attached Republication Rights Renewal Agreement and understand this document before signing . Please note that if STR does not have a current signed Republication Rights Renewal Agreement on file, you will not have the right to publish or share any data. Please note that the Republication Rights Renewal Agreement, the Standard Terms and Conditions, along with this letter, comprise your agreement with us . We appreciate the opportunity to continue to serve you. Please do not hesitate to call if you have any questions and thank you for your business . Regards, i 8 Lynsie Bennett Wed Feb 1 2017 16 : 10 : 02 Lynsie Bennett Director of Business Development, Industry Partners & Destinations I accept the Jams and cQhditio of t=* Cfent as outlined above and in the attached agreement. ontClient : 1 rF Tietle : i Date , L STR Corporate Headquarters 735 East Main Street, Hendersonville, TN 37075 USA T : + 1 (615) 824 8664 www.str. com STR, INC REPUBLICATION RIGHTS RENEWAL AGREEMENT Licensees : Chapel Hill/Orange County CVB j i Primary Contact Names : Laurie Paolicelli I Primary Contact Phone . + l (919) 968 -2060 Mailing Address : 501 West Franklin Street City, State , Zip . Chapel Hill, NC 27516 Effective Date $ March 1 , 2017 i This Republication Rights Renewal Agreement is made effective as of the Effective Date by and between STR, INC . ( " STR " ) , a Tennessee corporation with its principal offices at 735 East Main Street, Hendersonville , Tennessee 37075 , and the undersigned LICENSEE, with offices at the address identified above . RECITALS : A . STR compiles , analyzes , organizes and publishes information about the lodging industry , including newsletters , custom reports and databases (the " STR Data " ) . G c Be LICENSEE desires to RENEW its rights to extract, reuse and republish certain STR I Data in accordance with the terms of this Agreement, subject to the terms set forth below . L . Republication Rights RENEWAL . Subject to the terms and conditions of this Agreement, F STR hereby RENEWS its grant to LICENSEE of a non- exclusive , non-transferable , non- r, sublicensable license to copy, manipulate , extract, republish and distribute STR Data contained in any issues of the STR Destination Reports purchased from STR . by LICENSEE solely for LICENSEE' S internal business use and as set forth on Addendum I attached hereto and incorporated herein by reference . Internal users are defined as employees , board members , accountants , attorney ' s , marketing professionals or other professional advisors who are bound by a duty of confidentiality not to disclose such information . LICENSEE stakeholders and members , including member hotels , are not considered internal users . 2 . Restrictions . (a) Nothing in this Agreement shall be interpreted so as to give LICENSEE any right to obtain from STR any STR Data for which LICENSEE has not paid STR in accordance with STR ' s standard pricing terms . (b) This Agreement shall only apply to STR Data published in issues of the STR Destination Reports for which LICENSEE has paid STR. STR Data from the HOST Report or from any trend or forecast report may not be republished without express written permission from STR, which may be withheld for any reason and which may be made subject to any terms and conditions set forth by STR. (c) Nothing in this Agreement shall be interpreted so as to permit LICENSEE to republish all or substantially all of the STR Data in a manner that would have the effect of substantially duplicating the information in and organization of any issue or series of issues of any STR general publication . Any such republication of STR Data is strictly prohibited . 898696 v1 _ 1 _ 089455-007 2/ 1 /2017 3 . Duration of Rights . The republication rights granted herein shall remain in effect for the duration of the subscription, at which time this Agreement shall automatically terminate . 4 . Acknowledgment and Restriction on Downstream Use . (a) LICENSEE acknowledges , understands and agrees that the STR Data is proprietary to STR. Prior to using local market report data in its publications , advertising or marketing efforts as authorized in Addendum 1 , LICENSEE agrees to provide STR with a copy of the proposed publication masthead, advertisement, or marketing plan in form and substance acceptable to STR. j Copies of all publications , whether they be electronic or hard copy, containing STR data must be faxed to (615 ) 338 - 3539 or emailed to info@str . com STR and LICENSEE further agree that STR has the right to amend or change the masthead, advertisement, marketing plan or other materials to the extent STR believes is reasonably necessary to comply with the terms and conditions hereof. (b) If LICENSEE republishes any STR Data in any form, STR must be clearly and conspicuously identified as the source of such data by means of the following notation : SOURCE : STR, INC . REPUBLICATION OR OTHER RE-USE OF THIS DATA WITHOUT THE EXPRESS WRITTEN PERMISSION OF STR IS STRICTLY PROHIBITED . The notation shall appear immediately below or in conjunction with any and all graphs , charts or tables derived for an breach of the foregoing rohibition b an from STR Data . LICENSEE shall be responsibleo Y g gp Y Y (, person or organization that receives STR Data from LICENSEE . 5 . Forecasts and Projections . Any and all forecasts or projections that include or are derived from STR Data shall be clearly and conspicuously identified as forecasts or projections of LICENSEE, and not STR. c 6 . Standard Terms and Conditions . The attached Standard Terms and Conditions are incorporated herein by reference . 7 . Entire Agreement , This Republication Rights Renewal Agreement represents the entire agreement of the parties hereto relating to the subject matter hereof, and supersedes and replaces any prior republication rights agreements between the Parties . IN WITNESS WHEREOF , the parties have executed this Republication Rights Renewal Agreement as of the date first written above . STR, INC . CHAPEL HILL/ORANGE COUNTY CVB i s x ) Lynsie Bennett ' y ; Wed Feb 1 2017 16 : 14 : 41 Y ' B B . 1�2saI'll . Z1016 Name : Lynsie Bennett Name : U to 1 i I Title : Director of Business Development, Title : � ,z os_ i yedes I Industry Partners & Destinations 898696 v1 _ 2 _ 089455-007 2/ 1 /2017 i ADDENDUM 1 j, Monthly : i As consideration for payment, LICENSEE has the exclusive authorization to publish on its website , in a newsletter or in other regularly distributed publications , monthly lodging data from The Destination Reports) as follows . Durham/Chapel Hill Last reported month & year4o -date performance Orange County, NC Last reported month & year4o - date performance Last reported month & year4o- date performance of LICENSEE ' s Market * . LICENSEE shall update the data each month ; old data shall be replaced with new figures for the previously reported month . For example , published data showing performance for the month of October, as well as year4o- date performance during the same time period , would be replaced with data showing same figures for the month of November. LICENSEE shall NOT archive the old data or otherwise make it available to the public once it has been removed from the website * "Market" is comprised of the area which LICENSEE represents . Should LICENSEE wish to ;. republish data for areas outside its Market, any such rights shall be at an additional cost. F c i A c' i 898696 v1 _ 3 _ 089455-007 2/ 1 /2017