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"Sponsorship Fee"). The first annual payment of the Sponsorship Fee will be paid to Orange County within <br />seven (7) business days after the date on which the Facility is opened for use by the public. Thereafter, TOA <br />shall make annual payments of Six Thousand Dollars ($6,000) each on the anniversary date of the first <br />payment. <br />6. INTELLECTUAL PROPERTY. <br />(a) TOA grants Orange County the right to use its trademarks, trade names and service <br />marks, that may be used in any of the signage on the Concessions Building ("TOA Marks"), solely in <br />connection with the identification of TOA and use on the Promotional Media for the Facility. Prior to use of <br />the TOA Marks on signage, Orange County shall provide TOA with examples of proposed use prepared by or <br />for Orange County for review and approval. Orange County acknowledges that its use of the TOA Marks <br />shall inure to the sole benefit of TOA and shall not create any right, title or interest in same in favor of Orange <br />County. Orange County agrees to comply with TOA guidelines as may be provided to Orange County from <br />time to time concerning use of TOA. TOA reserves the right to prohibit the use of TOA Marks, or to modify <br />any materials depicting TOA Marks, if in its sole judgment such use may be illegal, misleading or <br />inappropriate. <br />(b) Orange County grants TOA the right to use the TOA name and images for marketing <br />purposes, in any media, subject to prior and timely review by Orange County. Such review is intended to help <br />ensure accuracy and coordination of marketing and public relations efforts between TOA and Orange County <br />related to the TOA <br />(c) Orange County grants TOA the right to use the Orange County seal (logo), which is a <br />registered mark with the North Carolina Secretary of State's Office, solely in connection with the <br />identification of the TOA. TOA acknowledges that its use of the Orange County seal (logo) shall inure to the <br />sole benefit of Orange County and shall not create any right, title or interest in same in favor of TOA. TOA <br />agrees to comply with Orange County's guidelines as may be provided to TOA from time to time concerning <br />use of its seal (logo), or to modify any materials depicting its seal, if in its sole judgment such use may be <br />illegal, misleading or inappropriate. <br />(d) Each party shall provide a single point of contact for any approvals required under the <br />Agreement ("Approval Coordinator"), as named below: <br />For Orange County: Lori N. Taft, Director <br />Orange County Parks and Recreation Department <br />P.O. Box 8181 <br />Hillsborough, NC 27278 <br />For TOA: Charles Wilson, CEO <br />Triangle Orthopaedic Associates, P.A. <br />120 William Penn Plaza <br />Durham, NC 27704 <br />Either party may change its Approval Coordinators upon written notice to the other party in accordance with <br />this Agreement. <br />7. MAINTENANCE OF FACILITY, NON-DISCRIIVIINATION. During the Term of this <br />Agreement and any extensions or renewals thereof, Orange County shall maintain the Facility, the <br />Concessions Building and the signage thereon in a good, professional and safe condition. Orange County shall <br />rxnvo~ sa6~~ <br />