This Non-Renewable, Revocable Ticket License (this "License") is offered by the New York Yankees Partnership (the "Yankees") to the licensee (the "Licensee") and is subject to the terms and conditions set forth in the letter that accompanies the Tickets (the "Ticket Letter"), the terms and conditions on each Ticket and the terms and conditions set forth below. Payment by the Licensee to the Yankees for the Tickets constitutes Licensee's acceptance of the License pursuant to the terms and conditions set forth in the Ticket Letter, on each Ticket and the terms and conditions set forth below. By accepting the License, Licensee acknowledges and agrees that it neither has a reasonable expectation to renew the License nor any right or privilege, implied or otherwise, to renew the License.

1. 1. For the purposes of this License, the Licensee is the adult individual or legal business entity to whom the Ticket Account is registered in accordance with Paragraph 3, below. This License covers each Ticket Account pursuant to which the Licensee is permitted to license Tickets for the New York Yankees Baseball Club's (the "Club") Regular Season home game identified on each such Ticket (each a "Game"). Each Ticket covered by the License represents a separate non-renewable, revocable License that only permits the bearer the right to: (a) enter the publicly-accessible areas of Yankee Stadium (the "Stadium") at times determined by the Yankees; (b) attend the Game identified on the Ticket; and (c) sit in the seat location identified on the Ticket. This License, the Ticket Account and each Ticket are revocable at the sole and absolute discretion of the Yankees, with or without cause, including, but not limited to, failure to pay. The Yankees reserve the right to take appropriate action against individuals who fraudulently obtain wheelchair accessible and companion seats including, without limitation, ejection and legal action.
2. 2. This License only covers the Game(s). By accepting this License, Licensee further acknowledges and agrees that it has no expectancy, right or privilege to any Tickets to any other game played in by the Club or any other events held at the Stadium. The purchase of any other Tickets of any kind shall be subject to the terms and conditions as set forth, from time to time, by Major League Baseball ("MLB"), the Yankees or the other event promoter, as applicable. Any opportunity granted by the Yankees to license Tickets of any kind is a privilege revocable, at any time, in the Yankees' sole and absolute discretion.
3. (a) A Ticket Account may only be registered in the name of one adult individual or legal business entity, who or which shall be identified as the Licensee in the Yankees' Ticket Account database. In the event that the Ticket Account is registered in the name of a legal business entity, a "contact person" must be identified for the limited purpose of correspondence and contact; provided, however, in no event will the "contact person" be considered the Licensee. Payment of the Invoice by anyone other than the Licensee, and receipt of payment thereof by the Yankees, does not constitute or effectuate an assignment or transfer of the License.
   (b) The License, the Ticket Account, and/or any privileges the Licensee may have hereunder, shall not be assigned or transferred in any manner, whether voluntarily or by gift, bequest, or operation of law, by the Licensee to any other person or entity without the express written consent of the Yankees. Please refer to the terms and conditions set forth in the Ticket Letter for the procedures concerning changing the name/identity of the Licensee. Only the Licensee can request that a Ticket Account be assigned or transferred.
4. Resale of Ticket(s): Any direct or indirect sale, resale, auction, assignment or transfer (collectively, "resale") must be done in accordance with applicable law. Any resale in violation of applicable law will constitute a material breach of this License. Any attempt by two or more persons to gain admission to a Game with both the cancelled Ticket and the reissued Ticket will constitute a material breach of this License. New York State law currently prohibits the resale of any ticket(s) within one thousand five hundred feet from the physical structure of the Stadium under penalty of law (including any buildings or other structure at which tickets are offered for first sale to the public). No Ticket(s) may be used for advertising, promotion (including contests, giveaways or sweepstakes) or other trade or commercial purposes without the express prior written consent of the Yankees. The use of any Ticket or commercial or other transactions involving the Tickets in violation of this License, with or without the knowledge of the Licensee, is the sole responsibility of the Licensee, who shall remain absolutely and unconditionally responsible for any violations of the License and material breach of this License. Accordingly the Licensee should control and supervise the use of all Ticket(s) so that the License is not violated and the License is not materially breached. The Yankees reserve the right to investigate violations and/or alleged violations of the License. The failure of the Licensee or any person in possession of the Ticket(s) to cooperate with any investigation constitutes a material breach of this License.
5. NOTICE: For the safety of every Guest, all persons specifically consent to and are subject to metal detector and physical pat-down inspections prior to entry. Any person or property that could affect the safety of Yankee Stadium, its occupants or its property shall be denied entry.
   
   WARNING: During all batting practices, fielding practices, warm-ups and the course of the game and postseason game experience, hard hit baseballs and bats and fragments thereof may be thrown or hit into the stands, concourses and concessions areas. For the safety of every Guest, all Guests must stay alert and be aware of their surroundings at all times while visiting Yankee Stadium. Accordingly, Guests who are concerned with their seat location by reason of the foregoing at any time during the game and/or postseason game experience should contact any Guest Relations representative for an alternate location.
6. The Yankees reserve the right, with or without refunding the established price (i.e., face value) of the Ticket, to revoke the License, refuse admission or eject any person whose conduct is deemed to be disorderly, who uses abusive language, who fails to comply with the terms and conditions of the License or who interferes with any ball in the field of play or any player attempting to make a play on any batted, pitched or thrown baseball. Placing, dropping, tossing or hurling any substance or object in the Stadium is a crime punishable by fine and/or imprisonment as well as a civil penalty of up to $5,000. In addition, entering the playing field, disrupting a game and/or attempting any physical contact with a game participant, including the umpires, is a crime punishable by fine and/or imprisonment as well as a civil penalty of up to $25,000. Violators will be prosecuted to the fullest extent of the law. Violation of any of the foregoing by the Licensee or any person using a Ticket, as determined by the Yankees in its sole and absolute discretion, may lead to the revocation of the License and termination of the Ticket Account.
7. The Licensee and person using the Ticket shall adhere to the Stadium's food and beverage policy that is posted in the Stadium.
8. The Yankees reserve the right to inspect any bags, clothing or other articles prior to entry into the Stadium and prohibit entry or require removal of any items which the Yankees deem inappropriate or potentially injurious to the Stadium, other patrons of the Stadium or field personnel.
9. BY USING THE TICKET, THE BEARER AGREES THAT: (a) HE/SHE SHALL NOT TRANSMIT OR AID IN TRANSMITTING ANY INFORMATION ABOUT THE GAME OR OTHER EVENT TO WHICH THE TICKET GRANTS ADMISSION, INCLUDING, BUT NOT LIMITED TO, ANY ACCOUNT, DESCRIPTION, PICTURE, VIDEO, AUDIO, REPRODUCTION OR OTHER INFORMATION CONCERNING THE GAME OR OTHER EVENT (COLLECTIVELY, "GAME INFORMATION"); (b) THE YANKEES, THE COMMISSIONER OF MAJOR LEAGUE BASEBALL OR THE OTHER EVENT PROMOTER IS THE EXCLUSIVE OWNER OF ALL INTELLECTUAL PROPERTY, COPYRIGHTS AND OTHER PROPRIETARY RIGHTS IN THE GAME, THE OTHER EVENT AND GAME INFORMATION; AND (c) THE YANKEES, THE PARTICIPATING CLUB, THE COMMISSIONER OF MAJOR LEAGUE BASEBALL AND THE OTHER EVENT PROMOTER AND EACH OF THEIR RESPECTIVE AGENTS AND LICENSEES SHALL HAVE THE UNRESTRICTED RIGHT AND LICENSE TO USE THE HOLDER'S LIKENESS IN ANY BROADCAST, TELECAST, FILM, AUDIO/VIDEO RECORDING OR PHOTOGRAPH TAKEN IN CONNECTION WITH THE GAME OR OTHER EVENT OR OTHER TRANSMISSION OR REPRODUCTION, IN WHOLE OR IN PART, OF THE GAME OR OTHER EVENT. In addition, the Licensee and persons using the Tickets shall not attach, hang or display any signs, banners, advertisements or other notices in the Stadium.
10. Please refer to the terms and conditions set forth in the Ticket Letter for policies and procedures concerning: (a) lost Tickets; (b) stolen Tickets; and (c) transportation and parking information.
11. Rain Check Policy: Tickets are not subject to any refund and shall bear no cash value. In the event a regulation game, as defined by MLB (i.e., four and one-half (4 ½) innings if the Club is ahead or five (5) full innings if the visiting club is ahead or the Game is tied), is not played due to any adverse weather condition, the Ticket will constitute a rain check that can be either: (a) used for admission to the rescheduled game, if any, subject to certain doubleheader limitations; or (b) exchanged for a same-priced Ticket for any Regular Season home game within 12 months of the originally scheduled Game, subject to availability. IN NO EVENT WILL THE YANKEES BE LIABLE TO THE TICKET HOLDER AND/OR TICKET PURCHASER FOR ANY INDIRECT, CONSEQUENTIAL, EXEMPLARY, INCIDENTAL, SPECIAL OR PUNITIVE DAMAGES OR FOR LOST PROFITS, REVENUES OR BUSINESS OPPORTUNITIES EVEN IF THE YANKEES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. For complete details of the Rain Check Policy, please visit www.yankees.com.
12. The Yankees reserve the right at anytime, and without prior notice, to modify, amend or supplement the terms and conditions of this License and the terms and conditions with respect to the purchase of Ticket(s). The Club's and the opponent club's rosters, lineups, coaches and manager and the dates and time for each Game are all subject to change.
13. The License is governed by New York law without regard to its conflict of law principles. The exclusive venue for any disputes arising out of the License shall be the United States District Court for the Southern District of New York or the Supreme Court of the State of New York sitting in Bronx County. Any written notice should be mailed to: New York Yankees, Yankee Stadium - Ticket Office, Attn: Ticket Manager, Bronx, New York 10451.

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