Summary of Graduate State College Group Agreement

This is a hotel group agreement executed on April 4, 2025, between the Board of Regents of the University of Nebraska (Group) and Graduate State College (Hotel) located in State College, Pennsylvania. The contract was created on April 1, 2025, and involves Seth Dorsey, Deputy AD – CFO, representing the University of Nebraska, and Jessica McCloskey, Director of Sales, representing Graduate State College. The agreement covers accommodations for the University of Nebraska Wrestling event scheduled for March 5-8, 2026.

The hotel has reserved a room block of 48 sleeping rooms at $199.00 per night for Queen Queen accommodations across the event dates (Thursday, March 5 through Saturday, March 7, 2026). The total anticipated event revenue is $9,552.00, comprising only room block revenue with no minimum food and beverage or event space rental obligations. Room and tax charges are billed to a master account, while incidental charges are turned off. The Group must make reservations by Friday, February 13, 2026 (Cutoff Date). Cancellation fees apply on a sliding scale, ranging from 25% ($2,388.00) if cancelled 180+ days in advance to 100% ($9,552.00) if cancelled within 29 days. The agreement includes special concessions such as complimentary van parking, 24/7 fitness room access, and complimentary WiFi. Payment must be received ten days prior to the event date or by the arrival date via credit card, cash, or certified check. All facilities and services are held on a tentative first-option basis until Tuesday, April 15, 2025.