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SMG Quantitative Incentive Fee Calculations
<br />Actual Pertormance Data
<br />F&B Profit
<br />Arena Operations Revenue
<br />F&B Revenue
<br />Box Office Revenue
<br />Gross Operating Revenue
<br />Contract
<br />Base Period FY 2006 FY 2007 FY 2008
<br />- 54,016 49,087 74,440
<br />418,929 590,773 659,394 926,574
<br />283,553 476,098 619,682 611,862
<br />331,518 232,528 221,320 640,266
<br />1,035,000 1,299,399 1,500,396 2,178,702
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<br />
<br />Gi
<br />Calculation Method in Original Management Agreement
<br />Contract
<br />Gross Operating Revenue
<br />Threshold
<br />Revenue in Excess of Threshold
<br />Fee Earned
<br />Amended Calculation Method
<br />:e Perod FY 2006 FY 2007 FY 2008
<br />1,035,000 1,299,399 1,500,396 2,178,702
<br />1,035,000 1, 035,000 1,167,200 1,278,265
<br />264,399 333,197 900,437
<br />39,660 49,979 71,250 ,_
<br />Contract
<br />Base Period FY 2006 FY 2007 FY 2008
<br />Totai Arena Operations Revenue & F&B Profit 419,929 644,789 708,481 1,001,014
<br />Threshold 419,929 419,929 532,359 591,066
<br />Revenue in Excess of Threshold 224,860 176,122 409,948
<br />Fee Earned 33,729 26,418 61,492
<br />Difference Compared with Originai Calculation Method (5,931) (23,561} (9,758)
<br />Quantitative Fee Due for FY 2008 using Amended Calculation 61,492
<br />Less: Excess Payment in FY 2007 (23,561)
<br />Less: Excess Payment in FY 2006 {5,931)
<br />Net Due SMG 32,000
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<br />F-1
<br />Item# 5
<br />Attachment number 2
<br />Page 70 of 185
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