Agmt14 International Institute of the Bay Area

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� __ _ _ _ 2.4 POSTING ON WALLS. Posters, notices, memos, etc. should be posted onlv on bulletin board provided. DO NOT paste, nail, tape or prop items on doors, windows or walls. Licensee will coordinate with City staff regarding requests to place any items on doors,windows or walis other than on bulletin board. 2.5 MAINTENANCE AND REPAIRS. The Licensor will provide maintenance and custodial services to keep the Premises in a clean, orderly and sanitary condition. If damage to the Premises occurs the Licensee will immediately contact the Licensor and report the problem. The Licensee should take care of immediate safety issues but not make any major repairs without prior written approval from Licensor. Licensee also agrees to comply with Center Building Use Policies and Practices as instructed by Licensor. If damage to the Premises occurs, Licensee shall immediately notify Licensor in writing of the damage. Notification shall include the date, time and description of the event that led to the damage and the extent of the damage. 2.6 EQUIPMENT. Licensee is entitled to use the office furr�iture including phones. In the event that there is a need for additional appliances or furniture, Licensee shall pay for the purchase or rental thereof and all additional costs associated therewith. In the event that there is a need for repair or replacement of appliances, furniture, equipment or any other item used by both parties (collectively the "Equipment"), Licensor and Licensee shall each pay for the costs of their respectively owned Equipment, unless the parties agree otherwise. 2.7 KEYS AND LOCKS. licensee shall be issued the necessary keys that enable access to the Premises. Licensee will be required to complete all necessary paperwork related to the issuance of the keys. 3. TERM. The Agreement shall commence on the Effective Date and expire at either Party's option, upon written notification at least two (2) months prior to the intended termination date to the Parties specified below. 4. COMPENSATION AND SERVICES. Licensor authorizes licensee to perform, and Licensee agrees to render, those services (the "Services") that are described in Exhibit "B," attached and incorporated by this reference in accordance with the terms and conditions set forth in this Agreement. 4.1 MONtHLY FEE. Licensee shall pay City, at 1017 Middlefield Road, Redwood City, CA 94063, in advance, the sum of Four Hundred Five Dollars ($405) per calendar month (the "Monthly Fee") for the duration of this Agreement. Payments shall be due on the 10th of each month. The Monthly Fee shall be due and payable for the occupancy of the Premises regardless of whether the Premises are used A7TY/A6R/2614.085/INTERNATIONAL INSTITUTE Of THE BAY AREA—LICENSE AGREEMENT REV:06-03-14 MLG Page 3 of 9