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The Miami Herald Media Company (referred to as "MHMC") One Herald Plaza, Miami, Florida 33] 32-] 693 RETAIL ADVERTISING AGREEMENT Advertiser:City of Sunny Isles Beach #058794105 Company: Address: 18070 Collins Avenue City/State/Zip: Sunny Isles Beach, FL 33160 1st Run Date: 1st day of _, 200_ or Date _6/l/07_until: Contract End Date: Term of Agreement. 5/31/08 RETAIL ADVERTISING IN THE MIAMI HERALD AND THE BROWARD EDITIONS OF THE MIAMI HERALD. BULK LINEAGE (AUTOMATIC ANNUAL RENEWALS) _XX_Retail Bulk advertising in the MIAMI HERALD with a minimum of _75_inches annually. Retail Bulk Advertising in EL NUEVO HERALD with a minimum of inches annually. Retail Bulk Advertising in the MIAMI HERALD/EL NUEVO HERALD COMBO with a minimum of inches annually, FREQUENCY (NOT SELF-RENEWING) HERALD TV WEEK _NEIGHBORS HOMETOWN HERALD BROW ARD LOCAL PREPRINT ADVERTISING _DOMINGO SOCIAL/VIERNES INTERNATIONAL EDITION WEEKEND Publish advertising _ times within a maximum of weeks. Publish advertising _ times within a maximum of weeks. Publish advertising _ times within a maximum of weeks. Publish advertising _ times within a maximum of weeks. Publish advertising _ times within a maximum of weeks. Publish advertising _ times within a maximum of weeks. Publish advertising _ times within a maximum of weeks. Publish advertising _ times within a maximum of weeks. Publish advertising _ times within a maximum of weeks OTHER Publish advertising times within a maximum of weeks, Payment Terms. All invoices (including applicable sales taxes) are due on the 20th of the month following insertion(s)and ifnot paid by the 30th day of the month following the date of insertion(s) will be late (except for accounts designated by MHMC as weekly which are due within 7 days of the invoice date), Late amounts will bear interest at the maximum rate allowed by law. Advertiser shall pay all applicable taxes. If any invoice is not timely paid, then MHMC reserves the right to suspend its performance at any time and/or cancel this Agreement without notice. In the event of such a cancellation, all charges for advertising since the] st Run Date will be re-invoiced to reflect the Corrected Rate, as described herein. All disputes of any kind must be reported in writing to MHMC no later than 30 days from the date the invoice containing such disputed item or such item will be deemed correct and conclusively accepted by Advertiser. Advertiser waives any claim after said 30-day period. Submission of a written dispute notice by Advertiser shall not relieve Advertiser of its obligation to timely pay all undisputed amounts, Credits, refunds or payments must be used or claimed within 2 years from the date of such credit, refund or payment or shall be deemed to have been earned and correctly applied or paid. Unless agreed in writing, multiple discounts shall not apply for the same advertising purchase, MHMC is not obligated to extend credit to Advertiser unless in writing. If Advertiser breaches this Agreement, Advertiser agrees to pay all ofMHMC's collection agency fees and expenses, investigation, court and litigation expenses along with attorney fees equal to the greater of: (i) 25% of the amount owed, or (ii) the amount awarded by the court, Sunday circulation and advertising rates will apply to the following holidays: New Year's Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day, Obligations of Advertiser. Advertiser agrees to indemnify MHMC for any and all costs, claims, damages, and/or liability claimed against or incurred by MHMC as a result ofMHMC's publication of any ad copy submitted by Advertiser (or submitted on behalf of Advertiser) to MHMC. Advertiser represents, warrants and guarantees that any ad copy so submitted to MHMC is accurate, truthful and in compliance with all copyright laws and all other applicab]e laws and regulations, Waiver of Jury Trial. ]n any action to enforce or interpret this Agreement, Advertiser and MHMC waive a trial'by jury. Additional Terms and Conditions. This Agreement is subject to: (i) the Advertising Tenns and Conditions attached hereto; the applicable MHMC rate card; and, (iii) MHMC's publication deadlines, policies and procedures, all as amended by MHMC from time to time. Rates may be amended by MHMC upon 30 days' written notic~ to Advertiser, Agreed and Accepted in Miami, F]orida, to be effective as of the] 51 Run Date set forth above. A legible facsimile copy of this Agreement w en fully executed shall be considered an original copy of this Agreement. Ady. i ,/ If ~ THE MIAMI HERALD MEDIA COMPANY By: 0 V!t~ ( e signed by Principal afFirm) Print Name: Norman S. Edelcup Renewal E:ll MHMC Internal Use Only: Account No: Agency: Rev 6-26-06 By: Advertising Manager Sales Rep Name: New Account E:ll Exhibit "A" SIB