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<br />Contractor's expense such books and records. 'Ibis Section 2 (b) shall survIve the exprranon, <br />termination or revocation of the License and this Agreement. <br /> <br />(c) Contractor shall post with the Kmart Store manager a deposit of twenty percent (20%) <br />of the aggregate Fee for the entire Term, or $1,500.00, whichever is greater ("Deposit''), which <br />Deposit shall be forwarded to Kmart. Any law or statute to the contrary (which Contractor hereby <br />waives), the Deposit shall not be required to be held in any separate account and no interest shall <br />accrue in favor of or be payable to Contractor with respect to the Deposit. The Deposit shall be <br />held for and used to secure Contractor's full and faithful performance of this Agreement, including, <br />without limitation, the restoration upon surrender under Sections 5(b) and 5(c). The Deposit may be <br />used by Kmart in the event of any default under this Agreement, including, without limitation, <br />Sections 5(b) and S(c). Any unused portion of the Deposit shall be returned to Contractor in the <br />form of a check within sixty (60) days after the expiration or termination of this Agreement. <br /> <br />" <br />"'-)i <br /> <br />All Fees and the Deposit payable hereunder shall be paid by check (ba.::J.:ed by <br />sufficient- immediately-available fimds) or money order, made payable to ''Kmart <br />Corporation." No cash pavrnents shall be allowed. <br /> <br />3. Operations. <br /> <br />(a) Contractor shall. use its best efforts to successfully promote, furnish and conduct the <br />Event., subject to Kmart's prior approval of Contractor's activities. In this regard, Contractor shall <br />keep the Event open to the public, fully stocked and appropriately staffed, at all times during the <br />Event Hours and neither longer nor shorter. Contractor shall not conduct business or have <br />employees, agents or suppliers at the Kmart Premises at any time during which the Kmart Store is <br />not open to the public. Contractor shall furnish all employees and, if applicable, ticket sellers <br />necessary for the Event. <br /> <br />(b) Contractor shall be responsible for arranging all items, equipment and other property <br />necessary for the Event. Contractor will maintain its own cash register(s) and other payment <br />systems, and shall prompdy and timely pay all applicable taxes. Contractor shall not erect or install <br />any structure or fixture which is permanent or alters or damages any portion of the Kmart Premises, <br />including, without limitation, the parking lot or Kmart's property. HoweverT Contractor may secure <br />temporary enclosures to paving, if the installation of such enclosure is specifically approved before <br />installation by the Kmart Store manager and provided that Contractor shall maintain, repair and <br />restore as provided in Section 5. <br /> <br />(c) Prior to commencing the Event, Contractor shall obtain at its sole cost and r .r:rush to <br />Kmart all state, county and municipal approvals, permits and licenses and all private approvals <br />necessary for the conduct of the Event. <br /> <br />(d) Contractor shall comply with all laws, ordinances, statutes, rules and regulations <br />applicable to the Event and the use of the Promotional Area. Contractor shall also comply with <br />rules and standards set by Kmart. Contractor may not post or distribute any advertising or other <br />materials on any portion of the Kmart Premises, other than stricdy within the Promotional Area. <br />Contractor shall comply with Kmart's other security and safety rules and provide adequate security <br />during the Event. <br /> <br />3 <br />