APPENDIX 2 - Euroleague Basketball

The Club also commits itself, upon expiry, suspension or cancellation of
this Licence Contract, to sell all its ECA shares in full compliance with
the procedures and pricing criteria established by the General
Assembly.
The Club acknowledges and agrees that EP may demand payment to
the bank having issued the guarantee mentioned under Clause 2 above
for any amount owed for any reason whatsoever by the Club to EP,
ECA, the Company or any ECA shareholder. The Club commits itself not
to ask the bank to raise any exception against said demand.
7. The Club expressly authorises EP, the Company, or any of its
successors or assignees to use, without any restriction, the logo,
symbol and name of the Club for any and all promotional and/or
commercial purposes aimed at promoting the Euroleague, including the
production, licence and/or sale of Euroleague merchandise.
The authorisation of the Club includes the right of EP to transfer or
assign the use of the logo, symbol and name of the Club to the official
Euroleague sponsors (hereinafter “Euroleague sponsors”), licensees, TV
stations and other business parties, under the same conditions
stipulated in the previous paragraph.
8. The Club declares to have obtained, and transfers hereby to EP, the
commercial exploitation of the rights of image of its players, provided
that the image of the player appears linked to the Club, the player
wearing its apparel and footwear, or when the player participates in
public events organised by the Club or by EP, and provided that these
events are related to the Euroleague or any other competitions
organised by EP or by any of its successors or assignees.
The choice of the system of commercial exploitation of the rights of
image, granted in accordance with the previous paragraph, will be the
remit of EP or any of its successors or assignees. The Club commits
itself to the collaboration of the players in the selected system of
commercial exploitation.
The Club declares to have obtained, and transfers hereby to EP, its
players’ name, likeness (photograph, caricature, etc), number, or any
combination thereof, for any and all commercial and promotional
purposes, including the production, licence and/or sale of Euroleague
merchandise (as examples, and not as an exhaustive list: calendars,
agendas, clothing, footwear, sporting articles, toys, video games),
other than to imply any direct endorsement by the players of a product
or service (other than the Euroleague and the Euroleague sponsors).
The authorisation of the Club includes the right of EP to transfer or
assign the use of the rights above to Euroleague sponsors, licensees,
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