Agmt10 On Broadway Investors, LLC.

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ORIGINAL RIGHT OF ENTRY AND LICENSE AGREEMENT The Right of Entry and License Agreement ("Agreement") is made this !1 day of 2010, by and between ON BROADWAY INVESTORS. LLC. a Delaware Ii ited abilit com an ("Owner") and REDWOOD CITY REDEVELOPMENT AG CY, a public body, corporate and politic, duly organized and existing under the laws of the State of California ("Agency"). RECIT ALS A. Owner is the owner of certain real property located at 2107 Broadway / 2115 Broadway and 801 Middlefield, Redwood City, California ("Property"). B. AGENCY desires a right of entry and license with respect to the Property for the purpose of placing and displaying on Property an art installation, pursuant to the "Phantom Galleries Project" ("Installation"). Artwork will be displayed on free-standing 4' by 8' panels and rotated out every 2 or 3 months with new artwork. C. Subject to the terms and conditions contained hereon, the parties agree. to enter into this Agreement to provide AGENCY, its employees, subcontractors, and agents with a temporary right of access and license to, and upon, Property. NOW, THEREFORE, it is agreed as follows: 1. . Right of Entry and License. Owner hereby grants to AGENCY, its employees, subcontractors and agents, during the Term (as defined below) hereof (a) a right of entry onto the Property for the purpose of placing and removing the Installation; and (b) a license to maintain the Installations conducting the necessary maintenance and related service to the Installation on the Property, and (c) a license to hold an artist's reception celebrating the artwork ("Entry and License Rights"). The purpose is to provide for a public display of the Installation. The Installation shall only be placed in a location on the Property that has been approved by the Owner. 2. Term. The Entry and License Rights shall be effective for the period (the "Term") commencing on April 1, 2010 and ending on March 31, 2011. Owner shall have the right to terminate the Entry and License Rights prior to the expiration of the Term for any reason with a ten (10) day written notice to AGENCY. 3. Association Covenants. While entering the property, AGENCY, its employees, subcontractors and agents shall use its best efforts to minimize any adverse impacts to the Property and any occupants of the Property. AGENCY shall comply with all applicable laws, ordinances, codes and regulations of federal, state and local governments with respect to its activities on the Property. 4. Removal or Alterations of Installments. AGENCY shall promptly, at Owner's written request, alter or remove at its sole expense any and all installments ATTY/AGR/2010.031 041510 /