EXECUTION VERSION

EXHIBIT 4: FEES AND PAYMENTS
1. GENERAL
This Schedule 4 (Fees and Payments) describes all Fees, Pass-Through Expenses (as defined
below) and other costs payable to SBTech by Lottery under the Agreement.
2.

DEFINITIONS

As used in this Schedule 4 (Fees and Payments), the following terms have the meanings set
forth below. Other capitalized terms not otherwise defined in this Schedule 4 (Fees and
Payments) have the respective definitions assigned to them in other parts of the Agreement.
2.1

“Bonus Cost”

2.2

“Gross Gaming Revenues” (or “GGR”)

2.3

“Net Gaming Revenues”

.
3. ACCESS FEES
3.1

 3.2

3.3

3.4

4. MANAGED SERVICES FEES

4.1.

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4.3

5.

FEE ASSUMPTIONS.

5.1

5.2

5.3

6. PASS-THROUGH EXPENSES
6.1

General.
All actual costs and expenses for which SBTech is contractually responsible to pay to
individuals or entities providing the categories of products and Services detailed below
(collectively, the “Pass-Through Expenses”) shall reimbursed to SBTech by Lottery.
Such Pass-Through Expenses shall be listed on each monthly invoice provided to

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 Lottery, and Lottery shall pay such invoice in accordance with Section 8.4 of the
Agreement.
6.2

6.3

7. PROJECT COSTS
Where a SOW or Change Order requires SBTech to perform additional Services, Lottery
shall pay SBTech such additional amounts as required to perform the additional Services
as mutually agreed upon in an SOW or Change Order
.
8. PLATFORM FEES

9. TERMINATION FEE
9.1

Where expressly stated in the Agreement, in addition to all outstanding Fees and other
amounts due and owing to SBTech through the date of termination, Lottery shall pay
SBTech a termination fee (the “Termination Fee”) within thirty (30) days from the
date of termination in accordance with the formula below:

1

Depending on the use of the PAM Gaming Platform, the Parties shall mutually agree upon appropriate revisions
to the definition of “Net Gaming Revenue” applicable to such additional use.

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