Purchase Agreement

Rental Suite Agreement

Last Updated: October 22, 2025

  1. USE. Except as otherwise stated in the Rental Suite Agreement ("Agreement"), Licensee and Licensee’s guests shall be entitled to use the Suite only at times for which the appropriate tickets for admission to the Suite are presented and State Farm Arena is intended to be open for use by the general public, and this Agreement does not confer upon Licensee or Licensee’s guests any greater or lesser rights and privileges with respect to admission to State Farm Arena than afforded to other holders of tickets for admission. Licensee and Licensee’s guests shall be bound by and shall observe the terms and conditions upon which tickets for admission to State Farm Arena Arena have been issued by the sponsor or promoter of each event including, without limitation, policies with respect to the cancellation or postponement of a game or event, as well as all State Farm Arena Rules and Regulations.
  2. LICENSE FEE: REFUNDS AND TICKET POLICIES. Licensee hereby acknowledges that the license fee charged for use of the Suite is NOT REFUNDABLE. Each event ticket is a revocable license and may be taken up and/or admission refused for any reason or for no reason upon refunding its purchase price. State Farm Arena Management reserves the right to refuse admission or to eject any person whose conduct is deemed disorderly, obnoxious or unbecoming. The opportunity to purchase tickets is a privilege granted by the event host and may be withdrawn at the event host’s discretion. Please note that all dates and times that may be announced by the event host and/or printed on the tickets are subject to change.
  3. ASSIGNMENT/SCALPING. Licensee shall not assign, sell, sublicense or otherwise transfer Licensee’s license to use the Suite without Arena Operations, LLC prior written consent, which consent may be withheld in its sole discretion. Under Georgia State Law, admission tickets cannot be resold or offered for resale for a price in excess of the amount printed on the tickets. Persons found to be involved in such transactions may be removed from the premises, prosecuted, and/or lose the right to purchase tickets for State Farm Arena in the future. Both sellers and buyers are liable and subject to prosecution. In addition, this license to use the Suite and/or the admission tickets may not be used for advertising or promotion (including contests or sweepstakes) or other trade purposes. Any such sublicense of the Suite or sale or resale of tickets shall be deemed a material breach of terms and conditions of license and shall entitle State Farm Arena Management, among other things, to seize and compel return of tickets and refuse such assignees or purchasers admission to State Farm Arena without refund or other compensation.
  4. FOOD AND BEVERAGE. Licensee shall not bring or consume any food or beverage into the Suite from outside State Farm Arena . Licensee must purchase food and beverage only from Arena Operations LLC or such caterer (the “Caterer”) as Arena Operations LLC grants the right to service in the Suite. Licensee shall not sell or unlawfully distribute any food or beverage from the Suite. Licensee shall be solely responsible for and shall promptly pay all bills of food, beverages and services furnished, sold or rendered by Arena Operations, LLC or the Caterer (whether ordered by Licensee, its guests or other third parties) in connection with the use of the Suite, as well as all applicable taxes and late payment charges.
  5. RETURN OF PREMISES. At the expiration of the Term or upon earlier termination, Licensee shall return the Suite in satisfactory condition without damage, excluding normal wear and tear, as reasonably determined by Arena Operations, LLC. Any repairs necessary for the Suite which are Licensee’s responsibility and the cost of any items removed from the Suite shall be deducted from the Security Deposit, if any. To the extent the Security Deposit is insufficient for such costs, Licensee agrees to reimburse Arena Operations, LLC for the costs thereof within thirty (30) days of presentation of invoice.
  6. ACCESS BY OPERATOR. Arena Operations, LLC shall be entitled to have access to the Suite to such extent as Arena Operations, LLC shall in its sole discretion deem necessary or appropriate for ensuring compliance with State Farm Arena Rules and Regulations such costs, Licensee agrees to reimburse Arena Operations, LLC for the costs thereof within thirty (30) days of presentation of invoice.
  7. NO LIABILITY/INDEMNIFICATION. Arena Operations, LLC, Atlanta Hawks, L.P., Atlanta Fulton County Recreation Authority and all of their respective officers, directors and employees (the “Indemnified Parties”) shall not be liable or responsible for any loss, damage or injury to any person or to any property of Licensee or its guests, licensees, or invitees, in State Farm Arena , in its parking areas, or on its premises, resulting from any cause whatsoever, including, but not limited to, theft and vandalism, unless due to the willful misconduct or gross negligence of any of the Indemnified Parties. All personal property brought into State Farm Arena shall be brought in at Licensee’s risk. Licensee and its guests hereby assume all risks and dangers incidental to any events at State Farm Arena Arena, whenever they occur, including, without limitation, the danger of being injured by, among other things, balls, bats, pucks and other missiles or attending patrons, and agrees that the Indemnified Parties will not be liable for any injuries or damages of any kind arising from Licensee’s use of the Suite. In no case shall any of the Indemnified Parties be liable for consequential or indirect damages. Licensee agrees to indemnify and hold harmless the Indemnified Parties from and against all, claims, demands, debts, obligations or charges (including reasonable attorney's fees and disbursements) on account of or based upon any injury to person or loss of or damage to property sustained or occurring within or without the Suite or Arena (and in particular, and without limiting the generality of the foregoing, on or about elevators, stairways, public corridors, sidewalks, concourses, approaches, alleyways, parking lots, and other appurtenances and facilities used in connection with the Arena), arising out of the use or occupancy of the Arena or the Suite, by the Licensee or Licensee's guests.
  8. ARENA OPERATING AGREEMENT. This Agreement shall be automatically subordinate to the terms and conditions of the Arena Operating Agreement between Licensor and the City of Atlanta and Fulton County Recreation Authority, the City of Atlanta, and Fulton County as amended from time to time. This Agreement shall be interpreted according to the laws and decisions of the State of Georgia, United States of America, without regard to principles of conflicts of law and applicable to agreements made and to be performed therein.