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PROMOTIONAL LICENSE AGREEMENT <br /> THIS AGREEMENT is made and entered into as of this 11th day of September, 2017, by and <br /> between Everett Mall, hereinafter referred to as"Licensor,"and Everett Transit hereinafter <br /> referred to as "Promoter". <br /> RECITALS <br /> A. Licensor is the Everett Mall, LLC, Steadfast Management Co. Inc. a Delaware <br /> limited liability Corporation for that certain shopping center commonly known as Everett Mall. <br /> Said shopping center is located at 1402 SE Everett Mall Way, Everett,WA, 98208 and shall <br /> hereafter be referred to as "Center". <br /> B. Promoter desires to use a portion of Center at certain times for the purpose of <br /> conducting certain activities. Said activities shall be subject to the terms, covenants and <br /> conditions in this Agreement. <br /> TERMS <br /> NOW THEREFORE, for good and valuable consideration and the mutual promises herein <br /> contained the parties agree as follows: <br /> 1. Grant of License; License hereby grants to promoter a license to occupy and use, <br /> subject to all terms, covenants and conditions hereof,that portion of Center as described as <br /> follows: Said portion of Center shall hereinafter be referred to as"Premises". <br /> 2. Scope of License; Licensor agrees that Promoter shall use and occupy the Premises <br /> only for the purpose of performing the following described activities (herein referred to as <br /> "Activities"): Space in Everett Mall for Transit Outreach. It is agreed that the Activities are for <br /> the express benefit and promotion of center and Promoter. The activities shall be performed by <br /> Promoter on the following dates at the following hours. <br /> DATES HOURS <br /> Saturday, October 28,2017 4PM-6 PM <br /> 3. Insurance; ' e••_ - .. -- •. , • e - . - - e-• , • ..• e _e. - <br /> • <br /> • <br /> • <br /> - - - - •, - - , - ---- -- - -.. - - .e - ' e .•,: -- e - - , . <br /> • <br /> placed upon the occupied Premises or any part thereof, by the Promoter, during the term of this <br /> occupancy. Such insurance at all times must be in the amount of: <br /> Commercial General Liability Insurance with minimum limits with respect to <br /> bodily injury or death and property damage of$1,000,000 per occurrence and $2,000,000- <br /> limit of not less than $1,000,000; (ii) Business Auto Liability Insurance which insures <br /> against bodily injury and property damage claims arising out of ownership, maintenance <br /> which affords limits of not less than $1,000,000 each occurrence and policy limit, written <br /> • - -• - •- - - e _ _ • Will supply letter of coverage for City o1 <br /> Everettl <br /> Certificate Holder:Everett Mall,LLC,c/o Steadfast Commercial Management Co. <br /> Additional Insured:Everett Mall,LLC;Steadfast Commercial Management Co.,Inc;and EvCom Holdings, <br /> LLC. as additional loss payees as their interests may appear. <br /> 12 <br />