iii. The term “Taxes” means any and all taxes, surcharges, levies, impositions and other charges imposed or assessed on any Tournament or Tournament Affiliate by any governmental or quasi- governmental authority that are not refunded to, or otherwise received as a benefit by, such Tournament or Tournament Affiliate in any form, except for any taxes, surcharges, levies, impositions and other charges that (x) are imposed or assessed on the total income or revenues of any person or entity, or (y) are imposed or assessed specifically on or against the activities conducted by such Tournament or Tournament Affiliate at the site of the event, or any income, revenues, profits or other consideration generated there from (unless the tax, surcharge, levy, imposition or charge applies to the same or similar activities conducted by a reasonably broad range of other businesses or persons in the applicable jurisdiction or income, revenues, profits or other consideration therefrom, and otherwise qualifies under this definition of “Taxes”). 

iv. The term “Ticketing Fees” means any and all fees, convenience charges, surcharges or other charges imposed on any Tournament or Tournament Affiliate by any ticketing agent on the purchase of tickets or other Admission Rights that are not refunded to such Tournament or Tournament Affiliate. 

## 6. PMF Committee 

a. A committee (“PMF Committee”) shall be appointed as provided below to assist in all matters relating to the establishment, implementation, interpretation, administration and calculation of the PMF. 

b. The PMF Committee will consist of (a) one (1) Player Board Representative selected by a majority vote of the Player Board Representatives (the “Player Representative Member”), (b) one (1) designee of the Player Board Representatives, who shall be selected by a majority vote of the Player Board Representatives and shall have experience in accounting matters (together with the Player Representative Member, the “Player Committee Members”), (c) one (1) Tournament Board Representative selected by a majority of the Tournament Board Representatives (the “Tournament Representative Member”), (d) one (1) designee of the Tournament Board Representatives, who shall be selected by a majority vote of the Tournament Board Representatives and shall have experience in accounting matters (together with the Tournament Representative Member, the “Tournament Committee Members”), and (e) the CEO. Members of the PMF Committee (other than the CEO) may be removed and replaced at any time by (x) in the case of any Player Committee Member, a majority vote of the Player Board Representatives, and (y) 

