The following sets forth the rules and regulations (the "Rules") that will apply to The Basketball Tournament (the "Tournament") for 2016. TBT Enterprises, LLC is the sponsor and the producer of the Tournament (the "Producer"). The Producer is a sports entertainment business located at 1660 Soldiers Field Road, Boston, MA 02135 (email: info@thetournament.com; phone: 617-789-5900.) The Tournament is currently intended, but is not guaranteed, to be produced for livestream on the internet and telecast on television/cable networks. Note: The Producer shall have the power and authority to determine all matters with respect to the Tournament and the Rules, including without limitation to make a final determination with respect to the applicability of or compliance with any Rule and the right to suspend or waive the requirements of any Rule, all and in each case, as it may determine, from time to time, in the exercise of its sole discretion. All references herein to any decision, election, determination, exercise of rights or other action by Producer means, in each instance, the exercise of such right or taking of such action in Producer's sole, exclusive and non-reviewable exercise of its discretion.