“ae bat This Agreement dated the 20th day of October, 1987. BETWEEN: THE COPORATION OF THE CITY OF PORT COQUITLAM 2272 McAllister Avenue Port Coquitlam, B.C. V3C 2A8 (the “City") AND: J.Q. SPORTS MEDIA LTD. Suite 206 - 4266 Grange Street Burnaby, B.C. V5H 1P2 ("J.Q. Sports Media") WHEREAS the City owns and operates two arenas in the Port Coquitlam Recreation Centre, 2150 Wilson Avenue, Port Coquitlam, B.C. (the “Arenas"); AND WHEREAS under Section 679 of the Municipal Act R.S.B.C. 1979, cc. 290 the City may make regulations governing the operation, control and use of arena property and may rent arena property; AND WHEREAS J.Q. Sports Media wishes to obtain the right to place certain advertising within the Arenas; NOW THEREFORE this Agreement witnesses that, in consideration of the covenants and agreements set out herein, the parties agree as follows: 1. The City grants to J.Q. Sports Media the exclusive right to place and maintain advertising on the surfaces of the perimeter boards fronting the ice surfaces of the Arenas, excluding the perimeter boards protecting penalty boxes and player’s benches, for a period of five years commencing October 20, 1987 and ending October 20, 1992. 2. Advertisements may be placed on the perimeter boards at any time during this Agreement and each advertisment may remain in place (subject to the terms of this Aqreement) for one year following the date of placement. J.Q. Sports Media shall have access to the Arenas at all reasonable times for the purpose of placement of advertising. 3. J.Q. Sports Media shall pay to the City $500.00 for each gy