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AGREEMENT <br />NOW, THEREFORE, for good and valuable consideration, receipt of which is hereby <br />acknowledged, the parties agree as follows: <br />1. Grant of License. Starting on July 1, 2018 (the "Commencement Date"), CITY confers <br />to LICENSEE a revocable, personal, non-exclusive and non -possessory privilege to enter upon <br />and use the License Area for the limited purpose and subject to the terms, conditions and <br />restrictions set forth in Sections 4 and 5, below. This Agreement gives LICENSEE a license only <br />and notwithstanding anything to the contrary herein, this license does not constitute a grant by <br />CITY of any ownership, leasehold, easement or other property interest or estate whatsoever in <br />the City Property, or any portion thereof. Nothing in this Agreement shall be construed as <br />granting or creating any franchise rights pursuant to any federal, state or local laws. <br />LICENSEE ACKNOWLEDGES AND AGREES THAT NEITHER CITY NOR ANY OF ITS <br />AGENTS HAVE MADE, AND CITY HEREBY DISCLAIMS, ANY REPRESENTATIONS OR <br />WARRANTIES, EXPRESS OR IMPLIED, CONCERNING THE PRESENT OR FUTURE <br />SUITABILITY OF THE LICENSE AREA FOR LICENSEE'S INTENDED ACTIVITIES. <br />2. License Fee. As consideration for the grant of the license, LICENSEE shall pay CITY a <br />prorated license fee in the amount of Seven Hundred Dollars ($700.00) per month ("License <br />Fee"). Each monthly installment of the License Fee shall be payable in advance, on or before <br />the first day of each month commencing on the Commencement Date. The License Fee shall <br />be payable to CITY at the address set forth in Section 19 below or at such other address as <br />CITY may from time to time designate in writing. The License Fee for any partial month shall be <br />prorated by dividing the monthly License Fee by thirty (30) and multiplying the quotient by the <br />number of days LICENSEE has the privilege to use the License Area during the partial month. <br />3. Term of License. <br />A. Term. The privilege conferred to LICENSEE pursuant to this Agreement shall be for <br />a "Term" commencing on the Commencement Date and expiring on December 31, 2018 <br />("Expiration Date"). Prior to the expiration of the Agreement, the City, at its sole <br />discretion, may extend the term for up to an additional six months. <br />B. City and Licensee Riqht to Revoke. Subject to the foregoing, CITY and Licensee <br />may at its sole option freely revoke this license and terminate this Agreement at any time <br />without cause or liability, and without any obligation to pay any consideration to <br />LICENSEE or return to LICENSEE any part of the License Fee. Upon any expiration, <br />revocation or termination, LICENSEE shall immediately surrender the License Area in <br />the condition required under this Agreement. <br />4. Use of License Area. <br />A. Authorized Activities on the License Area. LICENSEE may enter upon and use the <br />License Area solely for vehicle parking for its employees so long as LICENSEE prohibits <br />its contractors, subcontractors, or agents from parking their vehicles on any public street <br />parking space or public garage ("Activities"). LICENSEE shall not conduct any <br />construction activities on the City Property. LICENSEE acknowledges and understands <br />that CITY intends to make the City Property available for vehicle parking use by the <br />Page 2 of 12 <br />REV: 08-08-18 PR <br />ATTY/AGR.2018.192/San Mateo County <br />