"Net Profit" means the aggregate consideration received by the Buyers or any
direct or indirect parent entity of the Buyers upon consummation of a Team Sale, less (i) the
aggregate consideration paid by the Buyers pursuant to Sections 3.1(a) – (b) of this Agreement,
including the amount of all Assumed Liabilities (including, for the avoidance of doubt, all
Assumed Liabilities relating to Indebtedness owed by the Sellers to the NHL and SOF and Cure
Costs with respect to Assumed Contracts, including the AMULA and the Glendale Contracts, to
the extent they become Assumed Contracts in accordance with Sections 2.12 and 2.14,
respectively), less (ii) the aggregate amount paid by the Buyers for Purchased Claims pursuant to
Section 8.4, less (iii) any additional amounts invested in, or loaned to or paid on behalf of, the
Buyers by the NHL or any NHL Entity or any Affiliates thereof, including any interest charged
thereon, during the period between the Closing Date and the consummation of such Team Sale,
net of any amounts returned by way of loan repayment, dividend or distribution to the NHL or
any NHL Entity or any Affiliates thereof, less (iv) the aggregate amount reasonably expected to
be paid by the Buyers under the Transition Services Agreement during the period between the
consummation of such Team Sale and June 30, 2010 with respect to any Glendale Contracts that,
prior to the consummation of such Team Sale, have not either expired (without renewal), been
terminated with the consent of all parties thereto or become Assumed Contracts in accordance
with Section 2.14, less (v) any Indebtedness of the Buyers not included in clause (iii) above that
is outstanding at the time of consummation of such Team Sale and is not assumed by the
purchaser in such Team Sale, less (vi) fees and expenses (including attorneys' and accountants'
fees and expenses) incurred by the NHL or the Buyers in connection with such Team Sale, not to
exceed $1,000,000. For the avoidance of doubt, the calculation of Net Profit shall not include (x)
any relocation fees or other payments made directly to the NHL or to the Member Clubs in
connection with any Team Sale, (y) more than $2,000,000 in fees and expenses (including
attorneys’ and experts’ fees and expenses) incurred by the Buyers, the NHL and any NHL Entity
or Affiliate thereof in connection with the Bankruptcy Case or this Agreement, or (z),
notwithstanding clause (y) above, any fees and expenses (including attorneys’ and experts’ fees
and expenses) incurred by the Buyers, the NHL or any NHL Entity or Affiliate thereof in
connection with litigation that is not directly related to the Bankruptcy Case or this Agreement
(including, without limitation, any litigation based on alleged antitrust violations).