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CITY <br /> SCULPTURE LOAN AGREEMENT <br /> This Agreement is by and between the City of Everett, a municipal corporation of the <br /> State of Washington, 2930 Wetmore Ave., Everett, Washington 98201 ("City") and, Verena <br /> Schwippert, 245 W 4th Ave., Arlington, WA 98223 verenaschwippert@gmail.com("Lender"). <br /> 1. GENERAL <br /> Lender agrees to loan to the City for public display the three dimensional tangible work of art <br /> more specifically described in Exhibit A (hereinafter referred to as "Work"). <br /> 2. TERM <br /> This Agreement begins on July 20, 2016 and expires on May 3, 2018, if not terminated sooner. <br /> 3. HONORARIUM <br /> The City shall pay Lender one thousand dollars ($1000) within 10 days of installation of the <br /> Work for public display. <br /> 4. LOCATION <br /> The City intends to display the Work at on Hoyt Avenue in downtown Everett. The City may <br /> relocate the Work at the City's cost during the Term of this Agreement. <br /> 5. INSTALLATION/REMOVAL <br /> Installation and removal of the Work shall be performed in the manner and at the cost of the <br /> Lender, described in Exhibit A. <br /> 6. REPRESENTATIONS/WARRANTIES <br /> Lender represents and warrants: (A)that it is the sole owner of the Work; (B) that it has the legal <br /> right to lend the Work to the City as provided by this Agreement; and (C) that the Work is an <br /> original Work and does not infringe on another's intellectual property rights, such as copyright. <br /> 7. REPRODUCTION RIGHTS <br /> Lender authorizes and licenses the City to reproduce and publish the image of the Work in any <br /> medium for the purpose of publicizing the Work, the City, City programs, or Lender. <br /> 8. STANDARD OF CARE <br /> The City shall take care of the Work as it would any other City property at a similar location but <br /> assumes no additional responsibility or liability regarding the Work unless expressly stated in <br /> this Agreement. <br /> City of Everett Sculpture Loan Agreement <br /> Page 1 of 9 <br />