This Non-Renewable, Revocable Ticket License (this License) is offered by the New York Yankees (the Yankees) to the Licensee and is subject to the terms and conditions set forth in the booklet which contains the Tickets (the Ticket Booklet) and the terms and conditions set forth below. Payment by the Licensee to the Yankees for the Tickets constitutes Licensees acceptance of the License pursuant to the terms and conditions set forth in the Ticket Booklet 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.