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MI <br /> EVERETT <br /> SCULPTURE LOAN AGREEMENT <br /> This Agreement is by and between the City of Everett, a municipal <br /> corporation of the State of Washington, 2930 Wetmore Ave., Everett, Washington <br /> 98201 ("City") and Pasha Stinson ("Lender"). This Agreement is dated as of June, <br /> 30,2020. The Lender's address is PO Box 120, McMinnville OR. 97128. <br /> 1 . GENERAL <br /> Lender agrees to loan to the City for public display the three dimensional tangible work <br /> of art titled Freedom more specifically described in Exhibit A (hereinafter referred to as <br /> "Work"). <br /> 2. TERM <br /> This Agreement begins on June 30, 2020 and expires on June 30, 2022, if not terminated <br /> sooner. <br /> 3. HONORARIUM <br /> The City shall pay Lender $1,000 within 30 days of installation of the <br /> Work for public display. <br /> 4. LOCATION <br /> The City intends to display the Work at downtown Everett. The City may relocate the <br /> Work at the City's <br /> 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 <br /> 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 <br /> has the legal right to lend the Work to the City as provided by this Agreement; and (C) <br /> that the Work is an original Work and does not infringe on another's intellectual <br /> property rights, such as copyright. <br /> Sculpture Loan Agreement 2020 <br /> Page 1 <br />