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FVFRFTT <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 Troy Pillow <br /> ("Lender"). This Agreement is dated as of June, 30,2020. The Lender's address is 4316 SW <br /> Portland St. Seattle WA. 98136. <br /> 1. GENERAL <br /> Lender agrees to loan to the City for public display the three dimensional tangible work of art <br /> titled Karat more specifically described in Exhibit A(hereinafter referred to as "Work"). <br /> 2. TERM <br /> This Agreement begins on June 30, 2020 and expires on June 30, 2022, if not terminated sooner. <br /> 3. HONORARIUM <br /> The City shall pay Lender$1,000 within 30 days of installation of the Work for public <br /> display. <br /> 4. LOCATION <br /> The City intends to display the Work at downtown Everett. The City may relocate the Work at the <br /> 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 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 <br /> legal right to lend the Work to the City as provided by this Agreement; and (C) that the Work is <br /> an original Work and does not infringe on another's intellectual property rights, such as <br /> copyright. <br /> 7. REPRODUCTION RIGHTS <br /> Sculpture Loan Agreement 2020 <br /> Page 1 <br />