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What is the seat contribution Phase-in Procedure?

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What is the seat contribution Phase-in Procedure?

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The required seat contribution for renewing season ticket holders with 1 or more consecutive years of season ticket purchase will be phased-in over two or four years as follows. The phase-in calculation is based on your consecutive purchase of season tickets as of the 2003 football season. The phase-in opportunity applies to TWO season tickets. • 1 to 24 consecutive years of purchase – required contribution will be phased-in over two years. 2004 season (50% of the required contribution for two seats) and 2005 season and beyond (the full required contribution). • 25 to 49 consecutive years of purchase – required contribution will be phased-in over four years: 2004 season (25% of the required contribution for two seats), 2005 season (50% of the required contribution for two seats), 2006 season (75% of the required contribution for two seats), and 2007 season and beyond (the full required contribution). • 50 consecutive years of purchase or more – no required seat contribution for two sea

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