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<br />9. <br /> <br />company's gross revenue increase for the year ending <br /> <br />December 3l before the payment of the first business day of <br />the year was above thirteen percent (l3%), the escalator <br />will be five percent (5%) plus lj10 of a percent for each <br />one percent (1%) or part thereof increase of the gross <br />revenue (e.g. l3.000l% increase would equate to a 5.1% <br />escalator, l4.0001% increase would equate to a 5.2% <br />escalator, etc.). At no time will the escalator under this <br />formula exceed eight percent (8%). If the Consumer Price <br />Index is being used because it is greater than the <br />escalator, the annual payment will be increased by whatever <br />the Consumer Price Index was. The five percent (5%) minimum <br />annual escalator shall be applied in four (4) equal <br />installments to each quarterly payment, with any additional <br />escalator, if the C.P.I. is more than five percent (5%) or <br />if the gross revenues increased in the previous year by more <br />than thirteen (l3%), being applied in two (2) equal <br />installments to the third and fourth quarter payment. <br />The company shall pay to the Commission or its designee a <br />total of $650,000.00 upon sale or transfer of the system <br />serving the ten Member cities or upon renewal of the <br /> <br />Franchise whichever is sooner. <br /> <br /> <br />10. The Company shall sublease to the Commission or its designee <br /> <br /> <br />the Local origination and Access studios and associated <br /> <br />. <br /> <br />. <br /> <br />office and supplementary <br />Exhibit C) located at <br /> <br />space (as more fully set out in <br />934 Woodhill Drive, Roseville, <br /> <br />. <br /> <br />7 <br />