The UNITED STATES OLYMPIC AND PARALYMPIC
PROPERTIES LLC (“USOPP”) has
been established by LA 2028 and the United States Olympic and Paralympic Committee
(“USOPC”) to implement the
local marketing and licensing programs relating to the 2022, 2024, 2026 and
2028 U.S. Olympic and Paralympic Teams (the “U.S. Teams”), Team USA
Brand, and the 2028 Olympic and Paralympic Games (the “Games”) in the
territories as authorized by the International Olympic Committee (“IOC”).