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b. Obligations <br />(i) MASC and the Subdivisions are obligated to pay rental <br />income for the Facility annually in an amount equal to the number of <br />hours set forth below (hereinafter the "Guaranteed Hours") times the <br />regular hourly rate (hereinafter referred to as "Guaranteed Rental <br />Income"). Blaine, Coon Rapids, SAMN and MASC shall have the <br />right to sell dasher board signage in the ice sheet assigned to them as <br />per the policy of the Joint Board to sponsors and advertisers from its <br />related community, and all proceeds actually raised by such party may <br />be used as a credit against that party's Guaranteed Rental Income. <br />MASC has the rights to sell dasher board signage to regional sponsors <br />as part of overall facility sponsorship for the benefit of the facility. <br />No party may sell signage in conflict with overall facility sponsorship. <br />(ii) Blaine, Coon Rapids MASC and SAMN each shall be <br />obligated to pay Guaranteed Rental Income pursuant to this <br />paragraph (b) in amount equal to two thousand eighty (2,080) <br />Guaranteed Hours annually (the MASC guaranteed Hours under this <br />paragraph hereinafter referred to as the "MASC Sheet Hours'). <br />In addition to the above paragraph, MASC shall be obligated <br />to pay Guaranteed Rental Income at the Guaranteed Hourly Rate for <br />an additional two thousand eighty (2,080) Guaranteed Hours (the <br />MASC Guaranteed Hours under this paragraph hereinafter referred <br />to as "MASC Additional Hours"), <br />If the SAMN Subdivisions fail to meet the Guaranteed Rental <br />Income pursuant to this paragraph (b), the formula for the allocation <br />of the guarantee is pursuant to an agreement between the SAMN <br />parties. The initial allocation to each SAMN Subdivision is the <br />following percentage of 2,080 Guaranteed Hours: of the SAMN <br />parties. Any additional payments that are necessary to meet the <br />Guaranteed Rental Income will initially be allocated to each SAMN <br />Subdivision in the following manner: <br />Mounds View <br />13% <br />Arden Hills <br />15.5% <br />New Brighton <br />25.5% <br />Shoreview <br />46% <br />At least 30 days before the beginning of each fiscal year <br />SAMN shall notify MASC of any changes in the above allotment <br />formula. If MASC does not receive notice in any subsequent year, <br />the previous allocations shall apply. <br />