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3. CITY OBLIGATIONS. <br />3.1 The City will display Youth First on its web site and provide a link to Youth <br />First's web site. for Ramsey Resident advertisement sales. <br />3.2 The City through its staff will, at all times, refer to Youth First in a professional, <br />business -like manner. <br />4. . CONSIDERATION <br />4.1 For its sales services Youth First shall receive fifty percent (50 %) of all <br />advertising revenue received by it for advertisements it sells for the Ramsey <br />Resident. <br />4.2 Out of its fifty percent (50 %) payment described above, Youth First agrees to <br />contribute seven percent (7 %) to the charitable organization known as Youth First <br />Community of Promise. <br />4.3 For publication of advertisements in the Ramsey Resident, the City of Ramsey <br />shall receive fifty percent (50 %) of all advertising revenue received by Youth <br />First. By way of example, if Youth First sells a $100.60 ad, $50.00 will go to the <br />City, $43.00 will go to Youth First and $7.00 will go. to Youth First Community <br />of Promise. <br />4.4 All payments for advertisements will be made to the City within 30 days of the <br />date advertisements are published in the Ramsey Resident.. By way of example, <br />payment for an advertisement published in the January/February issue of the <br />Ramsey Resident is due to the City by January 30. Payment shall be submitted to <br />the City with supporting documentation that gives an accounting of transactions <br />that identifies the name of the customer, the size of the ad, the amount charged to <br />the customer and the amount payable to the City per the terms of the Agreement. <br />5. COMPLIANCE WITH LAWS /STANDARDS <br />5.1 General Youth First shall abide by all Federal, State or local laws, statutes, <br />ordinances, rules and regulations now in effect or hereinafter adopted pertaining <br />to this Agreement <br />5.2 Licenses Youth First shall procure, at its own expense, all licenses, permits or <br />other rights required for the provision of services contemplated by this <br />Agreement. <br />5.3 Minnesota Law to Govern This Agreement shall be governed and construed in <br />accordance with the substantive and procedural laws of the State of Minnesota. <br />All proceedings related to this Agreement shall be venued in the State of <br />Minnesota. <br />2 <br />