## SECTION XII - WTA TOURNAMENT MEMBERSHIPS 

## TOURNAMENTS 

been pre-approved to annually alternate or rotate locations; and (c) location changes made at the request of the WTA. In determining whether a change of venue is a change of location, the Board of Directors may consider the following factors: (i) distance between venues; (ii) defined media markets; (iii) time zones; (iv) climates; (v) topographies; (vi) governments; (vii) predominant languages; (viii) economic specializations; and (ix) international political areas. 

A change of location made in conjunction with an approved Transfer shall be deemed a change of location for the purposes of this Section 4. 

In connection with any approval of a change of location for a membership and in addition to any rights set forth above, the Board of Directors shall have the right to impose any condition on any change of location that it deems in the best interests of the WTA. 

## 5. Simultaneous Transfer of Ownership and Location 

A proposed change of location made in conjunction with a request for a transfer of ownership must be made simultaneously, and those requests will be considered jointly. In addition, the change of location fee will not apply to a proposed location change in conjunction with a request for Transfer of ownership; however, the Transfer set out in Section XII.I.2 shall apply. 

## 6. WTA Action 

a. If ownership is transferred, the new owner will succeed to the rights and obligations of the former owner. However, if change of location is involved, the new owner’s rights and obligations will be the same as the owner of a new Tournament. 

b. Regarding proposed changes of location, if the WTA approves such a change in connection with a Transfer of ownership, it will make best efforts to assign an appropriate date, and the Tournament will then become part of the WTA. 

## 7. Limitations on Ownership 

a. No person or entity (or group of persons or entities acting in concert) shall, directly or indirectly, own or control (by contract or otherwise) an “ownership interest” in more than five (5) WTA Tournaments, of which no more than two (2) may be multi-week combined men’s and women’s events of the same or similar category (e.g., WTA 1000 Mandatory Tournament). 

Additionally, no person or entity (or group of persons or entities acting in concert) shall, directly or indirectly, own or control (by contract or 

