## TOURNAMENTS SECTION XII - WTA TOURNAMENT MEMBERSHIPS 

in-kind benefits or otherwise) by the lessee (or any of its affiliates) to the member (or any of its affiliates); 

iii. Evidence of the proposed lessee’s ability (financial or otherwise) and experience to fulfill the obligations associated with the rights granted in the Lease; 

iv. Copies of any agreements relating to the Lease; and 

v. Any other information the CEO deems necessary and requests from time to time for (A) purposes of making a recommendation to the Board of Directors or (B) ensuring that the Lease and arrangement between the member and the lessee are in compliance with the Rules and/or in the best interest of the WTA. 

All information and materials submitted to the CEO shall be subject to review by the CEO, and, as the CEO deems appropriate, by WTA legal representatives. Notwithstanding the forgoing, to the extent the CEO deems it necessary to confirm compliance with WTA Rules, the CEO may request any redacted information or materials from a member. In such event, members shall be required to provide such requested information and materials to the CEO on an un-redacted basis; provided, however, that any un-redacted information so provided (i) may only be reviewed by the CEO and, as the CEO deems appropriate, WTA legal representatives, and (ii) shall remain confidential. 

Notwithstanding the terms and conditions set forth in any Lease, the member/lessor shall separately notify the CEO prior to the extension or renewal of any Lease and/or the exercise of any right of first negotiation, refusal or relocation or other back-end right, and WTA approval shall be independently required at such time: 

(a) to amend, extend the term of, or renew, any Lease by any party thereto, whether by an option, right of first refusal or otherwise; 

(b) to relocate, or exercise any rights related to relocation of, a Tournament; and 

(c) to transfer, assign, pledge, mortgage, grant a security interest or other direct or indirect disposition or encumbrance of any Lease or any rights or obligations of any party thereunder. 

b. Upon receipt of the information required under sub-Section 3.a above, the CEO shall conduct such inquiry as deemed appropriate and shall submit to the Board of Directors (i) the CEO’s recommendation for 

