to the email that will contain the remit information with the document numbers that were paid (similar to the check remittance advice). Please note that this is not a wire transfer. The process takes approximately 7-10 business days to process once the necessary form is completed by the University and submitted to Follett's Accounts Payable department.

10.6 Follett shall provide a one-time payment of $500,000 within 180 days of the successful execution of this contract. Provided School executes the renewals as described below, Follett shall provide a) an additional one-time payment of $50,000 with the first payment occurring within 180 days of the execution of a two-year renewal in the eighth year, b) and another $50,000 payment occurring within 180 days of the execution of a two-year renewal in the tenth year of the Agreement. For avoidance of doubt, the foregoing payments are contingent upon School and Follett executing such renewals. Each of the foregoing three payments shall be individually amortized in accordance with Section 4.2.

11.1 Follett will provide a proprietary course material rental program ("Rental Program") via individual rental agreements with students ("Student Rental Agreements"). Rental pricing will be determined by Follett. Two types of textbooks will be eligible for adoption in the rental program:

11.2 The "National Title List" Textbook. Follett will offer a National Textbook Rental Title List of the textbooks available for rental, which will be updated periodically by Follett (the "National Title List"). The "Local Program" Textbook. University may select books not on the National Title List to be part of the Rental Program provided University agrees to continue to adopt the specific book(s) for at least four (4) consecutive semesters. In the event University fails to consistently comply with meeting the four (4) consecutive similar-sized semesters commitment in the aggregate, Follett at its sole discretion may eliminate the Local Program.

11.3 Upon any termination, expiration or non-renewal of this Agreement, Student Rental Agreements will be novated to School or successor store operator at cost. If the successor store operator refuses or does not affirmatively agree to accept such novation, then the School shall accept novation of such Student Rental Agreements and pay Follett for such rental inventory. Where post termination of agreement rented textbooks have not been returned, where no charge has been made to the credit or debit card held as security therein, or where some other loss occurs under a Student Rental Agreement, School will look solely to the student or the successor store operator for such transferred rentals.

12.1 The attached Schedules detail the Program scope, pricing, enrollment, deadlines, format, and adoptions guidelines. Schedules will be updated and executed annually made a part hereof.

12.2 The price agreed upon in the Schedule will be the price charged by School to students, without additional fees added by School, and is valid only for the academic terms listed in the Schedule, and only if the Program details are accurately detailed in Schedule.

Because the pricing is based on specific base assumptions about the size, details and scope of