2 0 0 6 R AT E S Auto Manufacturer Dealer Associations 1 AUTOMOTIVE MANUFACTURERS RATES IN THIS BOOK APPLY TO: PERSONNEL Publisher and Chief Executive Officer Jeff Johnson Manager - Automotive Advertising Tom Vento (213) 237-6111 Sr. Vice President of Advertising Todd Brownrout (213) 237-3371 Import Manufacturer / Dealer Association Anne Cova (213) 237-6186 Vice President of Classified Advertising David Walsh (213) 237-6101 Domestic Manufacturer / Dealer Association Chuck Prest (213) 237-3132 Rates effective January 1, 2006 - Display/Classified Advertising. Rates in this book are commissionable at 15% whenever such advertising is billed directly to an accredited advertising agency. Supplement to Display and Classified Advertising Rate Books. Previous rate schedules are hereby cancelled. Please consult your Advertising Sales Representative for further information regarding products, rates, policies and specifications. TRIBUNE MEDIA NET Tribune Media Net offers penetration in 24 key U.S. markets and, combined, these media properties reach nearly 80% of U.S. households every day. Tribune offers crossmedia properties including 14 daily newspapers (3 Spanish), 26 television stations, and websites in 20 of the nation's top 30 markets. Extend your reach in the top 3 markets with a combination of Tribune newspapers, TV stations, and websites. NEW YORK 2 Park Avenue, 8th Floor New York, NY 10016 Phone: (212) 448-2600 Fax: (212) 448-2629 DETROIT 19500 Victor Parkway, Suite 100 Livonia, MI 48152 Phone: (734) 464-6500 Fax: (734) 464-7188 CHICAGO (Tribune office) 435 N. Michigan Avenue, Suite 200 Chicago, IL 60611 Phone: (312) 222-3232 Fax: (312) 222-5719 Phone: (312) 527-8118 Fax: (312) 527-8117 SAN FRANCISCO 111 Pine Street, Suite 1400 San Francisco, CA 94111 Phone: (415) 693-5600 Fax: (415) 391-4992 LOS ANGELES 202 West First Street Los Angeles, CA 90012 Phone: (213) 237-2135 Fax: (213) 237-6174 ATLANTA 2839 Paces Ferry Road, #1105 Atlanta, GA 30339 Phone: (770) 433-9554 Fax: (770) 433-1927 FLORIDA 3107 Stirling Road, Suite 205 Fort Lauderdale, FL 33312-6526 Phone: (954) 989-8833 Fax: (954) 963-3395 DALLAS 12900 Preston Road, Suite 615 Dallas, Texas 75230 Phone: (972) 789-6920 Fax: (972) 239-2737 CONTENTS Personnel .................................................................................................. 1 Black & White Rates Per Inch ...................................................................... 2 Black & White Full Page Rates .................................................................... 2 Color Rates .............................................................................................. 2 LATM ........................................................................................................ 3 Distinction ................................................................................................ 3 Latimes.com .............................................................................................. 3 Multimedia ................................................................................................ 3 Preprints and Related Products .................................................................. 4 Local Community Values (LCV) .................................................................... 4 Modular Sizing Chart .................................................................................. 5 ROP Production Specifications .................................................................... 5 ROP / Classified Deadlines ........................................................................ 6 Advertising Terms and Conditions ............................................................ 7-9 2 AUTOMOTIVE MANUFACTURERS AUTOMOTIVE MANUFACTURERS AND THEIR DEALER ASSOCIATIONS Full Circulation Black & White Advertising Rates(Commissionable) Full Circulation Black & White Advertising Rates(Commissionable) RATES – PER INCH, ROP/CLASSIFIED FULL PAGE RATES, ROP/CLASSIFIED Based on Modular sizes, see page 5. All Non-Modular Ad sizes will be charged a 10% surcharge. Includes ad in Print to Web area on latimes.com for 7 days, see page 3. Total Gross Revenue Commitment Open Rates Sunday Daily 1st Pick-up 2nd Pick-up Sunday Daily 1st Pick-up 2nd Pick-up $784 $588 $316 $210 $75,780 $56,836 $23,147 $18,925 $250,000 755 570 304 203 73,078 55,214 22,264 18,335 500,000 733 554 299 197 70,913 53,591 21,877 17,739 1,000,000 688 519 279 186 66,596 50,213 20,500 16,745 1,500,000 652 490 264 172 63,025 47,403 19,355 15,935 2,000,000 615 462 249 167 59,548 44,665 18,238 15,147 2,500,000 600 451 243 162 58,009 43,636 17,831 14,581 3,000,000 584 441 238 156 56,471 42,612 17,430 14,023 4,000,000 562 424 226 149 54,417 41,068 16,553 13,463 5,000,000 552 414 220 149 53,388 40,044 16,124 13,463 7,500,000 531 398 215 143 51,335 38,505 15,756 12,900 Pick-up rates are subject to availability on Fridays and contract provisions. Pick-up ads must run within 6 days of the base ad. Sunday insertions must be at full price. COLOR RATES (Commissionable) Add the prices listed below to black and white costs. Up To One Standard Size Page ADVERTISING CHARGES On a standard-size page, advertisements over 18 inches in depth will be billed as 21-1/2 inches. Spot Color Four Color $7,538 $10,080 9,539 11,813 Full Run Circulation Daily Sunday Standard Double Truck Standard size double truck is charged as 279.50 inches. • Please see www.latimes.com/ads for our comprehensive Production Guidelines book. 3 AUTOMOTIVE MANUFACTURERS WEST MAGAZINE LATIMES.COM A brand-new magazine is coming WEST. As the new Los Angeles Times Sunday magazine, it will embrace a state of anticipation-California. The new vision of West offers a golden opportunity to reach people who will read its compelling stories. Look at its bold photography. Smile at its playful approach to style. As we appeal to readers’ curiosities and concerns, you can attract their attention. So don’t miss out on being in a magazine where California becomes more meaningful, week after week. And where you can take your advertising dollars as far as you can go. Latimes.com is one of the leading sources on the Web for news about the world, the nation and California. Each month, millions of visitors log on to latimes.com for in-depth articles by award-winning journalists, updates throughout the day and special multi-media capabilities. 1. Publishes Sunday. Distributed in Full Circulation. Make your online campaign a success with standard online advertisements, rich media, special sections, e-mail, or utilize our new user demographic and behavioral ad targeting system. 2. Printed rotogravure. 3. Trim size: 9-1/2" x 11-1/2". All live copy should be kept 1/4” inside of these dimensions. 4. Bleed Printing: No charge. Available in black and white and color. 5. Rates: Ask your Advertising Sales Representative for the Los Angeles Times Magazine Rate book. DISTINCTION DISTINCTION is a smart, different luxury magazine with real content and real substance. Written for people of real affluence, influence and accomplishment. DISTINCTION readers are not “aspirational” - - on the outside looking in on the world of celebrity. Quite the contrary, DISTINCTION readers are real contributors to Los Angeles. In business. And the arts. In architecture. Fashion and beauty. In sciences and philanthropy. DISTINCTION is about the people and not just the prestige. The soul and not just the celebrity. Created by L.A.’s best writers and photographers to capture the attention of the truly affluent, DISTINCTION targets luxury minded individuals with home values of at least $2,000,000. 85,000 copies delivered to the most affluent people in Los Angeles and Orange Counties with 5,500 additional copies at high visibility newsstands. Additionally, 7,500 copies are distributed at select promotional events, hotels, spas along with upscale retail boutiques. Contact your Advertising Sales representative for more information. And latimes.com is more than news. It’s a marketplace, bringing together buyers and sellers from across the nation. From entertainment options to travel plans, shopping opportunities to sports-related merchandise, used cars to careers, we give each advertiser the chance to connect to millions of upscale and educated consumers. Let ShopLocal and Print to Web increase the reach of your current newspaper campaign by over 17% for up to six additional days by placing your print ads on latimes.com. ShopLocal allows shoppers to find out what is for sale in their neighborhood. Consumers can search the products in your ad by category, store or brand plus get directions to your store location. Print to Web comes with complete interactive functionality including a link to your own website and the ability of our visitors to e-mail your print ad to others. Please go to latimes.com/shoplocal and latimes.com/printads to view examples. Contact your Advertising Sales Representative for more information. MULTIMEDIA Multimedia opportunities are available with latimes.com and/or our television partner, KTLA. Please ask your sales representative for more information. 4 AUTOMOTIVE MANUFACTURERS PREPRINTS AND RELATED PRODUCTS Product Descriptions Preprints: Insert distribution is available on Wednesday, Friday and Sunday with a minimum of 10,000. LOCAL COMMUNITY VALUES (LCV) LCV combines preprinted inserts in The Times with insert distribution to non-subscriber households throughout our market area. Your insert in The Times can appear on Wednesday, Friday or Sunday and includes added distribution through the Daily Breeze, while non-subscriber distribution is mid-week in the mail. Outside Positions: For special impact, we’ll put your preprint on top or bottom of the newspaper rather than inside. This is for home delivery only and is available 5 days a week (Sun., Mon., Tues., Thurs., Sat.). Print & Deliver Polybags: For extra visibility, have your logo and /or advertising message printed on a polybag which covers the paper. This is for home delivery only and is available 7 days a week. LCV Wrap Program We-Prints: The Times can print your 4-16 page advertising section in the 1-A position (between Main News and the California sections) or other available ROP position. Ask your Advertising Sales Representative for rates and specifications. Ad design and printing are also available at attractive rates. The Times has a 4-page, full-color, midweek multi-advertiser wrap and a 4-page, fullcolor, Friday multi-advertiser wrap. Please contact your Advertising Sales Representative for details. Charges: LCV charges are determined by the weight of the insert. Product Sampling Preprinted Insert Rates You may distribute a sample of your product to Times subscribers in several ways: To discuss acceptable guidelines and rates for any of these advertising opportunities, please contact your Advertising Sales Representative. Sample in Times Polybag: The sample may be placed in a Times-supplied clear plastic bag along with the newspaper. Sample in Advertiser Polybag: The sample may be placed in an advertiser-supplied plastic bag along with the newspaper. The bag must meet The Times’ requirements for polybags. Sample in Advertiser Pouch: The sample may be sealed in a “kangaroo” pouch that puts the sample on top of the newspaper in a complete package. In this case, the advertiser supplies the samples already sealed into the pouch-bags. Rates To discuss acceptable guidelines and rates for any of these advertising products please consult your Advertising Sales Representative. Pricing varies depending on the options you choose. Pricing varies depending on the size of the sample, the circulation volume and the packaging option you choose. 5 AUTOMOTIVE MANUFACTURERS STANDARD R.O.P. ADVERTISING UNITS MECHANICAL SPECIFICATIONS The number of columns in width by the depth in inches is the ad designation. Ad Size – Guidelines and Mechanical Specifications 1x21" 2x21" 3x21" 4x21" 5x21" Full-page 6x21.5" ROP Ad Sizes 1. Ads are measured in column inches. One column inch is one column wide by one inch deep. See table below for column widths and minimum and maximum ad depths. 2. All Display Editions and Sections are produced in L.A. Times Ad unit column format. In addition to LATAU sizes, The Times accepts non-modular sizes at a surcharge. 1x18" 2x18" 3x18" 4x18" 5x18" 6x18" 3. Standard (broadsheet) pages follow a six-column format. Tabloid pages follow a five-column format. 4. Standard double truck – 12.5 columns (23 7/8") wide; 10-1/2" minimum depth. Tabloid double truck – 10.5 columns (20-9/16") wide; 11.5" deep. 1x15.75" 2x15.75" 3x15.75" 4x15.75" 5x15.75" 6x15.75" 5. Minimum ad depths as shown on chart below. 6. For information on how to send digital ads files, please log on to www.latimes.com/ads/dasweb. DEPTH IN INCHES 7. Electronic tearsheets are available as proof of publication at http://tearsheets.latimes.com. 1x14" 2x14" 3x14" 4x14" 5x14" 6x14" To access the eTearsheet website please contact etearhelp@latimes.com or call 1-800-528-4637 ext. 38327 for user identification and password. 1x10.5" 2x10.5" 3x10.5" 4x10.5" 1x7" 2x7" 3x7" 4x7" 1x5.25" 2x5.25" 3x5.25" 4x5.25" 5x10.5" 5x7" 6x10.5" 6x7" Columns Wide Inches Wide One Two Three Four Five Six 1-13/16" 3-3/4" 5-11/16" 7-5/8" 9-9/16" 11-1/2" Inches Deep Minimum* Max.-tabloid Max.-broadsheet 1" 11.5" 21" 2" 11.5" 21" 5.25" 11.5" 21" 5.25" 11.5" 21" 7" 11.5" 21" 7"** 21.5"*** * Minimum sizes are based on modular sizing. See page 10 for acceptable modular sizes. ** Except a strip ad at 6 x 3.5 inches. *** Full page only. Classified 10-Column Format 1x3.5" 2x3.5" 1x2" 2x2" 6x3.5" 1x1" 1-13/16" 3-3/4" 5-11/16" 7-5/8" 9-9/16" 11-1/2" WIDTH IN INCHES Double Trucks: 12.5 columns, available in 21.5" and 10.5" depths in Standard sections; 10.5 columns by 11.5" depth in Tabloid sections. For information on Tabloid modular sizes, please contact your sales representative. The Southern California Circulation Classified section and all Regional Circulation Editions are produced in Classified column format. One Two Three Four Five Columns Col. Width 1-1/16" 2-1/4" 3-3/8" 4-9/16" 5-11/16" Columns Col. Width 6" 6-7/8" 7" 8" 8" 9-3/16" 9" 10-3/8" 10" 11-1/2" • Classified column depth is 21-1/2". • Classified column is approximately 300 lines. • An island advertisement is 6 columns x 8-1/2". Subject to availability. • Classified page contains approximately 3,000 lines. Standard Double Truck • 21 columns wide or 23-7/8". 6 AUTOMOTIVE MANUFACTURERS FULL CIRCULATION DEADLINES Deadlines are based on a standard business week, excluding weekends and holidays. DAILY EDITIONS AND SECTIONS SPACE ARTSET MATERIALS 4 COLOR & SPOT (Schedule required for proofs) BLACK & WHITE ORIGINAL ARTSET DIGITAL FILES FINAL CORRECTIONS ALL ARTSET (No proofs provided) REMOTE DELIVERY MAIN NEWS, CA. SPORTS & BUS. 12 noon, 2 days prior to pub. date 12 noon, 3 days prior to pub. date 5 pm, 3 days prior to pub. date 6 pm, 2 days prior to pub. date 10 am, 1 day prior to pub. date CALENDAR (EXCEPT THURSDAY) 12 noon, 2 days prior to pub. date 12 noon, 3 days prior to pub. date 5 pm, 3 days prior to pub. date 6 pm, 2 days prior to pub. date 10 am, 1 day prior to pub. date MONDAY HEALTH 12 noon, Wed. 12 noon, Wed. 5 pm, Wed. 6 pm, Thurs. 10 am, Fri. WEDNESDAY FOOD 3 pm, Thurs. (previous week) 12 noon, Fri. (previous week) 5 pm, Fri. 6 pm, Mon. prior to pub. date 10 am, Tues. CALENDAR WEEKEND (THURS.) DIRECTORIES 2 pm, Mon. 12 noon, Mon. 5 pm, Mon. 6 pm, Tues. 10 am, Wed. THURSDAY HOME 9 am, Tue. 12 noon, Mon. 12 noon, 3 days prior to pub. date 5 pm, 3 days prior to pub. date 6 pm, 2 days prior to pub. date 10 am, 1 day prior to pub. date CLASSIFIED 12 noon, 1 day prior to pub. date 6 pm, 3 days prior to pub. date 6 pm, 2 days prior to pub. date 12 noon, 1 day prior to pub. date 10 am, 1 day prior to pub. date 12 noon, Mon. SUNDAY EDITIONS AND SECTIONS SPACE ARTSET MATERIALS MAIN NEWS, CA. SPORTS & BUS. 12 noon, Thurs. 4 COLOR & SPOT 12 noon, Wed. (Schedule required for proofs) BLACK & WHITE ORIGINAL ARTSET 5 pm, Wed. DIGITAL FILES CALENDAR 11 am, Tues. 12 noon, Mon. 12 noon, Mon. 5 pm, Mon. 12 noon, Wed. TRAVEL 11 am, Mon. 12 noon, Fri. 9 days 5 pm, Fri. 9 days prior to pub. date 12 noon, Mon. prior to pub. date 9 am, Tues. REAL ESTATE 11 am, Wed. 12 noon, Wed. 5 pm, Wed. 6 pm, Thurs. 10 am, Fri. BOOK REVIEW 11 am, Mon. 12 noon, Mon. 5 pm, Mon. 6 pm, Tues. 10 am, Wed. CURRENT 3 pm, Mon. 12 noon, Wed. 5 pm, Wed. 6 pm, Thurs. 10 am, Fri. CLASSIFIED 5 pm, Fri. 6 pm, Wed. 6 pm, Thurs. 3 pm, Fri. 3 pm, Fri. FINAL CORRECTIONS ALL ARTSET 6 pm, Thurs. (No proofs provided) REMOTE DELIVERY 10 am, Fri. 7 AUTOMOTIVE MANUFACTURERS ADVERTISING TERMS & CONDITIONS 1. and graphics, in any media, presently known or unknown, including but not limited to Publisher’s electronic publications on the Internet and in any archival retrieval system whether that information is digitally stored or stored on any other media. To the extent feasible and with the use of known technological resources, Publisher agrees that it will make reasonable efforts to prevent the reproduction of coupons capable of redemption by a consumer in any of Publisher’s electronic publications. ADVERTISING ACCEPTANCE; PUBLISHER’S RIGHT TO REJECT OR ALTER (a) Submission of an advertisement to Publisher does not constitute a commitment by Publisher to publish the advertisement. Publisher accepts advertising only by publishing such advertisement. Upon such acceptance, Advertiser acknowledges that (i) the terms and conditions set forth in this Agreement shall apply to all advertising orders unless such terms and conditions are modified, superseded or otherwise altered by a written instrument signed by an authorized representative of Publisher, (ii) the terms and conditions set forth in this Agreement shall prevail over any inconsistent terms and conditions set forth in any order or contract form of any Advertiser and (iii) insertion orders containing disclaimers are not acceptable and are not legally binding or valid. Publisher has the right, in its sole and absolute discretion, to reject any advertisement or any portion thereof. Publisher’s publication of an advertisement shall not affect its right to reject such advertisement thereafter. 4. Publisher shall not be deemed in breach of this Agreement in the event that it does not honor a specific position agreement due to conflicting editorial needs, in Publisher’s sole discretion. In the event Advertiser has paid a premium for a particular position, reimbursement for failure to publish in a particular position shall be limited to the refund of such premium to Advertiser. 5. LAWFUL ADVERTISING; INDEMNIFICATION Advertising Party and Advertising Agency, if applicable, jointly and severally represent and warrant that (a) any and all material submitted to Publisher (i) is accurate and original, (ii) does not violate any law or contract or infringe the copyrights, trademarks, trade names, patents or other intellectual property rights of any person, (iii) does not constitute unfair competition, and (iv) contains no matter which is libelous, an invasion of privacy or publicity, an unlawful appropriation of any name or likeness or is otherwise injurious to the rights of any person; and (b) each of Advertising Party and Advertising Agency, if applicable, has obtained all necessary consents for publication prior to submission to Publisher. Advertising Party and Advertising Agency, if applicable, jointly and severally agree to defend, indemnify and hold Publisher and its affiliates and their respective directors, officers, principals, managers, members, partners, shareholders, employees, and controlling persons and their affiliates (Publisher and each such person being an "Indemnified Party"), harmless from and against all damages to and liabilities resulting from or relating to demands, claims, actions or causes of action, assessments or other losses, costs and expenses relating thereto, interest and penalties thereon and attorneys' fees, legal fees and any other expenses in respect thereof or in enforcing their rights hereunder, by reason of or resulting from or attributable to its breach of this Agreement, the publication of any advertisement by Publisher (whether or not Publisher assisted in the preparation of the advertisement), or the distribution of any sample product submitted by Advertising Party and/or Advertising Agency. 3. MATERIALS; COPYRIGHTS, TRADEMARKS AND INTELLECTUAL PROPERTY (a) Publisher has no obligation to return any material submitted to Publisher by or on behalf of Advertiser to Advertiser or any other party, and Publisher shall have no liability for its loss or destruction. (b) Publisher shall have the right to use any advertising published in Publisher’s publication for the purpose of promoting any of the products and services of Publisher. Advertiser grants Publisher a nonexclusive, perpetual, irrevocable and worldwide license to publish any and all advertising content created by Advertiser or its agents or Publisher, including but not limited to photographs, artwork, text LIABILITY FOR ERRORS, OMISSIONS OR FAILURE TO PUBLISH OR DISTRIBUTE (a) Publisher’s liability for errors or omissions in advertisements or advertising inserts shall be limited to the cost of advertising space in an amount equal to the erroneous advertisement. Publisher’s liability for failure to publish any advertisement or distribute any advertising insert shall be limited to a refund of any amount paid to Publisher for such advertisement or insert. Notwithstanding the foregoing, Publisher shall have no liability for, and no credit shall be issued to Advertiser for, errors that do not materially affect the value of the advertisement or advertising insert or where Advertiser is responsible for the error or omission. Credits for errors in advertisements or advertising inserts materially affected by the error are allowed for the first publication or distribution only. (b) Publisher reserves the right to alter any advertising material in order for the material to conform to its current mechanical specifications. The rates stated in the Advertising Agreement shall remain the same upon a reduction in the size of any advertisement as long as the advertisement maintains the same proportion of the entire page. Publisher rates are based on column inch size rather than actual published size, which may have shrinkage related to the printing process. 2. POSITION REQUESTS (b) Notwithstanding anything to the contrary herein, in no event shall Publisher be liable to Advertiser or to any other parties for any further damages of any kind arising from any breach of this Agreement or any other advertising contract, written or oral, or act or omission of Publisher with respect to an advertisement or advertising insert, including but not limited to, direct, indirect, special, consequential, or punitive damages. (c) Publisher is not responsible for errors involving orders, cancellations or corrections given orally. Written or facsimile confirmation of orders, cancellations or corrections must be received prior to Publisher’s cancellation deadline. Publisher will publish advertisements and bill Advertiser for all advertising orders that are not canceled prior to the deadline. Advertiser may be subject to a cancellation charge when such cancellation results in production delays. 6. PAYMENT; DISPUTES Advertiser shall pay all invoices due within 15 days of invoice date. Advertiser waives any dispute regarding any item included in an invoice unless notice of such dispute is provided to Publisher in writing within 30 days of the invoice date. 7. AMENDMENTS; WAIVERS; RATE CHANGES (a) Waiver of any term of this Agreement or failure of Publisher to terminate this Agreement on account of any breach by Advertiser shall not be deemed a waiver of Publisher’s rights to subsequently enforce any term or to terminate this Agreement by reason of any subsequent breach by Advertiser. No waiver by either party on any one occasion shall extend to or effect or be construed as a waiver of any right or remedy on any future occasion or with respect to any prior occasion. No course of dealing of any person nor any delay or omission in exercising any right or remedy shall constitute an amendment of this Agreement or a waiver of any right or remedy of any party hereto. 8 AUTOMOTIVE MANUFACTURERS (b) Except as set forth in subsection (c) of this Section 7, no amendment of any term, provision or condition of this Agreement shall be effective, unless in a writing executed by each of the parties hereto that specifically refers to this Agreement. (c) Publisher shall have the right to revise the advertising rates set forth in this Agreement at any time upon notice to Advertiser of such rates. Advertiser may terminate this Agreement on the date the new rates become effective by giving written notice within 30 days of such termination. In the event of such termination, Advertiser shall be liable for Advertising published prior to such termination at the Current Agreement Rate. “Current Agreement Rate” is defined as the billing rate in effect at the time of publication. (d) If the United States Postal Service implements a postage cost at any time during the term of this Agreement , Advertiser understands and agrees that the advertising rates set forth in the Agreement shall be adjusted to reflect that increase automatically upon the effective date of the United States Postal Service increase. 8. TERMINATION OF AGREEMENT; EFFECT OF TERMINATION (a) Publisher shall have the right to terminate this Agreement at any time, with or without notice to Advertiser, for Advertiser’s failure to remit payment for invoices by the due date of such bills. (b) Publisher reserves the right to review the volume of advertising placed on a quarterly basis and to cancel the contract in its sole discretion if advertising placed falls 15% or more below the quarterly average volume needed to fulfill the twelve-month contract amount, if Advertiser has such a contract with Publisher. Failure of Publisher to review the frequency of advertising or cancel the contract for any reason shall not be deemed a waiver of the right to cancel in the future or to impose any applicable rate adjustment. (c) Subject to the terms of subsection (e) of this Section 8, Advertiser shall have the right to terminate this Agreement at any time by written notice to Publisher. (d) Publisher shall have the right to terminate this Agreement for any reason and at any time by written notice to Advertiser, in which event and so long as Advertiser has been meeting its revenue, volume or other commitment to Publisher over time in a way that is consistent with Advertiser reaching its final commitment, Advertiser shall be liable for advertising prior to such termination at the Current Agreement Rate. (e) Except for a termination under Section 7 above, in the event the Agreement is terminated or for any other reason Advertiser fails to purchase during the term of the Advertising Agreement the advertising generating the revenue, volume or other commitment due to Publisher, Advertiser immediately shall pay to Publisher the lesser of the following: (i) the original commitment made to Publisher under the Advertising Agreement or (ii) an amount for all advertising published during the term including advertising previously billed (“Amount Due”), adjusted for space, inserts and color actually used. The unpaid balance of such adjusted Amount Due shall be based upon the “Actual Rate Earned” for advertising during the term. The “Actual Rate Earned” is defined as the rate which would have been payable by Advertiser if the amount of advertising actually purchased during the term had been contracted for in the first instance, and such Actual Rate Earned shall be ascertained by reference to the applicable Publisher rate card in effect on the date that the advertising was published. 9. INTEGRATION Advertiser agrees that no representations of any kind have been made to Advertiser by Publisher or by any of its agents and that no understanding has been made or agreement entered into other than as set forth herein. 10. FORCE MAJEURE Publisher shall not be liable for failure to publish or distribute any advertisement because of strikes, labor disputes, government action, war, fire, breakdown of equipment, terrorist act, or any other cause beyond its reasonable control. 11. OTHER SERVICES Except as stated otherwise, payments by Advertiser to Publisher for services or goods other than advertising space, inserts and color shall not be applied toward any revenue totals set forth in the Agreement. 12. COLLECTIONS Advertiser shall be liable for all costs incurred by Publisher, including but not limited to attorneys’ fees and expenses, in collecting past due accounts and in defending any and all claims asserted in the action. 13. TAXES Any and all taxes levied against advertising shall be added to the advertising charges, including but not limited to any sales taxes. 14. PREPARATION OF ADVERTISING Advertiser represents and warrants that it is familiar with all laws and regulations applicable to its advertisement(s), and that advertising material submitted to Publisher shall be in compliance with such laws and regulations. On request, Publisher may assist Advertiser in preparing its advertisement(s) for publication. This assistance may include design, composition, text and artwork. Publisher does not assume any obligations to perform a legal review of Advertiser’s advertisement(s). Advertiser remains solely responsible for the contents of the advertisement(s) and for compliance with any laws regulating such advertising. 15. ASSIGNMENT This Agreement and the rights and obligations hereunder are personal to Advertiser and may not be assigned by any act of Advertiser or by operation of law, change of control of Advertiser or otherwise without the prior written consent of Publisher, to be granted or not granted in Publisher’s sole and absolute discretion. Advertiser may not assign to, nor utilize for the benefit of another person or entity, any of the lineage required to be purchased by Advertiser without Publisher’s prior written consent, to be granted or not granted in Publisher’s sole and absolute discretion. 16. SEVERABILITY If any provision hereof is held invalid or unenforceable by a court of competent jurisdiction, such invalidity shall not affect the validity or operation of any other provision, and such invalid or unenforceable provision shall be deemed modified to the extent necessary to render it enforceable, preserving to the fullest extent permissible the intent of the parties set forth in this Agreement. To the full extent, however, that the provisions of any applicable law may be waived, they are hereby waived to the end that this Agreement be deemed a valid and binding agreement enforceable in accordance with its terms. 9 AUTOMOTIVE MANUFACTURERS 17. JOINT AND SEVERAL LIABILITY OF ADVERTISING PARTY AND ADVERTISING AGENCY Advertising Party and Advertising Agency are each hereby obligated, jointly and severally, to pay any and all amounts owed to Publisher, as and when the same shall become due and payable, in accordance with the terms hereof. All written agreements between Advertising Party and Advertising Agency, shall include provisions whereby each such party agrees that Publisher has a right to recover any and all amounts owed hereunder from either such party directly. Publisher shall be a third-party beneficiary of all such agreements. Publisher is here by irrevocably appointed as each of Advertising Agency’s and Advertising Party’s attorney-infact, coupled with an interest, with exclusive power to collect, receive and retain any amounts owing from Advertising Party to Advertising Agency, or Advertising Agency to Advertising PAYMENT TERMS 1. 2. 3. 4. Party, as the case may be, pursuant to such agreements and Publisher shall retain such amounts to offset amounts due hereunder. Each of Advertising Agency and Advertising Party shall immediately upon receipt pay directly to Publisher any and all amounts that it receives from Advertising Party or Advertising Agency, as the case may, for payment of amounts owed pursuant to this Agreement. 18. REPRESENTATIONS AND WARRANTIES 5. 6. Each of Advertising Party and Advertising Agency, hereby represents and warrants to Publisher: (a) It is duly incorporated or formed, as the case may be, validly existing and in good standing under the laws of the state of its incorporation or formation, as the case may be, and has all requisite power to own, lease and operate its property and to carry on its business as now being conducted. (b) All action on the part of such party necessary for the authorization, execution and delivery of, and the performance of all of its obligations under, this Agreement has been duly taken. This Agreement constitutes a valid and binding obligation of such party, enforceable against it in accordance with its terms. Only checks drawn on U.S. banks are accepted; no counter checks. The courtesy limit of credit may vary with the following newspapers: the Daily Pilot, Huntington Beach Independent, Glendale News Press, Burbank Leader, and Coastline Pilot. 7. 8. 9. (c) The execution and delivery by such party of this Agreement do not, and the consummation of the transactions contemplated hereby will not, (i) violate or conflict with the organizational documents of such party or (ii) constitute a material breach or default or give rise to any lien or other encumbrance, third-party right of termination, cancellation, material modification or acceleration under any material agreement, understanding or undertaking to which it is a party or by which it is bound, or violate or conflict with any applicable law. (d) All written agreements between Advertising Party and Advertising Agency include provisions whereby each such party agrees that Publisher has a right to recover any and all amounts owed hereunder from either such party directly. (e) Advertising Agency is authorized and has the power to (i) enter into this Agreement on behalf of or in the name of Advertising Party and (ii) bind Advertising Party to this Agreement without the prior written consent of Advertising Party. (f) Advertising Party is authorized and has the power to (i) enter into this Agreement on behalf of or in the name of Advertising Agency and (ii) bind Advertising Agency to this Agreement with out the prior written consent of Advertising Agency. Previous rate schedules are hereby cancelled. Commission-qualified rates are commissionable at 15%, provided such advertising is billed directly to an accredited advertising agency. Other rates are non-commissionable and net. No cash discounts. Published advertising per-column inch ROP rates are based on modular sizes (page 5). Non-modular advertising is subject to a surcharge. ROP Advertisements are billed in column inches; a. A full standard-size page advertisement is measured at 129 inches. A standard full double truck advertisement is measured at 279.5 inches. b. A full tabloid page advertisement is measured at 57.5 inches. A tabloid full double truck is measured at 126.5 inches. c. On a standard-size page, advertisements over 18 inches in depth will be billed as 21.5 inches. d. Ads are measured from cut-off rule to cut-off rule. e. For Classified and Preprints & Times Direct specification, please contact your Advertising Sales Representative. All rates are subject to any applicable tax. Payments must accompany all orders over $700 from advertisers who have not established credit with The Times. Cash, check, Visa, MasterCard, American Express and Discover cards are accepted. Advertiser may apply for credit with The Times by completing a credit application. Credit terms are subject to approval by The Times. Credit applications should be submitted at least five business days prior to the space reservation deadline. The Times reserves the right to rescind credit terms without prior notice. Payment of invoice is due within 15 days of date of invoice. Any dispute regarding any item shown on an invoice is waived unless made in writing within 30 days of invoice date. If applicable, a commission of 15 percent will be allowed to accredited advertising agencies. The Times will not accept insertion orders containing terms regarding sequential liability. The Times will expect payment from the recognized accredited agency, but reserves the right to contact advertiser directly for payment of such advertising should it become necessary. 10. Rates lower than the Open Rate are available upon agreement between the Times and the advertiser. 11. Advertising purchased at a discounted rate may apply toward contract fulfillment based on a prorated amount as described in this ratebook. 12. Two or more advertisers will not be allowed to combine space or insertions, nor will advertising agencies be allowed to combine space or insertions of their clients or accounts, unless the businesses advertised are under common ownership and the prior written approval of The Times has been obtained. 13. Contracts may apply to like businesses of different names that have common ownership, subject to prior written approval of The Times. 14. The Times shall have the right to revise its advertising rates at any time.