The city would be entitled to the greater amount of profits if ticket surcharges exceeded the $2 million agreed upon. If the agreement were to last three years, the $2 million minimum would increase three percent in the third year and continue to increase annually. The new terms also place time limits on festival hours, allowing Ultra to operate from 4 p.m. to midnight Friday, noon to midnight Saturday and noon to 11 p.m. Sunday. Capacity would be limited to 55,000 people though that limit could be increased with the city’s approval.