CALA BINDER

10640 – 100th Avenue, Edmonton, Alberta, Canada T5J 3N

T.780.429.2861 F.780.426.7225

Toll Free 1.866.465.8150

Re-sell Clause

If Group pays the cancellation damages as provided in this Contract at the time of cancellation, Hotel will provide a refund

to Group proportionate to the amount of damages paid, to the extent that hotel is able to resell all or part of the cancelled

sleeping rooms and/or, food and beverage events. For purposes of this paragraph, sleeping rooms will be considered

“resold” to the extent that the hotel is able to sell more sleeping rooms on any night than it could have sold if Group had

fully occupied its reserved block. The resale refund will equal the average daily rate received by the hotel for the nights on

which rooms are resold times the number of rooms resold, times the damage percentage paid by group. Food and

beverage events will be considered “resold” to the extent that Hotel holds a food and beverage event that it could not have

held if Group had not cancelled its event. The refund will be equal to the revenue actually received from the replacement

event(s) times the damage percentage paid by Group

Re-booking Clause

If the cancellation damages set forth above are paid with notice of cancellation, the hotel agrees that 50% of the damages

paid will be applied as a credit toward the Master Account of a replacement meeting booked, actualized and paid for by

your group no later than one (1) year from the date of cancellation. This credit may be applied only to group events and is

based upon date and rate availability at the hotel. Any unused credit will be retained by the hotel. If the replacement

meeting is cancelled, Group will pay cancellation damages pursuant to the applicable contract and the credit provided in

this paragraph will be retained by Hotel.

Secure Booking

Upon signature of this agreement,

the hotel recognizes this group as confirmed at the hotel

and will not relocate this group

in order to secure another group.

Commission:

A placement fee of 10 percent, based on actual room revenue consumed, is to be paid by the

property to The Howes Group. The Howes Group is acting with full consent and the client is aware of the

placement fee. The hotel further agrees that the placement fee for the booking of this meeting is non-cancelable

and non-transferable to any other party. The hotel guarantees The Howes Group has negotiated the lowest and

most competitive rate available. The guest room rate is not increased due to the involvement of The Howes Group.

Conflict Avoidance

The Hotel shall avoid booking guest room blocks, hospitality suites, and function space over the period of the Event on

behalf of any organization with an interest in real estate or real estate appraisal, exhibitors/sponsors approved by the

Groups, or whose simultaneous presence in the Hotel during the Event dates may embarrass the Groups. All ancillary or

affiliate groups to the Groups must have the express approval of the Groups’ meeting management prior to booking

subgroup activities.

Additional Fees

It is agreed that this contract includes all additional fees and service charges. The client will not pay additional fees over

and above at a future date than what has been discussed and agreed to in this agreement.