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SCE Doc. 319076, 326955, 315675 Att. Contract No. 9.3275 (Formerly Contract No. L2167) 1, Use: Licensee will use the Property for riding and.hiking trail purposes only, Licensor makes no representation, covenant, warranty or promise that the Property, and any fixtures thereon, are fit or suitable for any particular use, including the use for which this Agreement is made and Licensee is not relying on any such representation, covenant, warranty or promise. Licensee's use of the property for any other purpose and/or failure to utilize the Property in accordance with this License as determined by the Licensor in its sole discretiou will be deemed a material default and grounds for immediate termination of this Agreement in accordance with Articles 28 and/or 30. 2. Term: Unless otherwise terminated as provided herein, this Agreement will be in effect for a term of five (5) years commencing on the first day of October, 2020 and ending on the last defy of September, 2025. Licensee acknowledges that this Agreement does not entitle Licensee to any subsequent agreement, for any reason whatsoever, regardless of the use Licensee makes of the Property, the improvements Licensee places on or makes to the Property, or for any other reason. 3. Consideration: Licensee will pay to Licensor the sum of Six Hundred Nifty One and 99/ 100 Dollars ($651.99) upon the execution and delivery of this Agreement with subsequent annual payments. Payment to Licensor must be in the form of a check or money order payable to Southern California Edison Company, No cash payments will be accepted by Licensor. Payment schedule: Year Term Yearly Amount Payment Dne First Day Of First Year 2020 $651.99 October Second Year 2021 $671.55 October Third Year 2022 $691.70 October Fourth Year 2023 $712.45 October Fifth Year 2024 $733.82 October All accounts not paid by the agreed upon due date may be subject to a late fee of up to 200/0 of the amount that was due on the date. All payments subsequent to the initial payment will be paid to the Southern California Edison Company, Post Office Box 800 Rosemead, California, 91770, and Attention: Corporate Accounting Department - Accounts Receivable. insurance: 4, Insurance: During the term of this Agreement, Licensee shall maintain the following (a) Workers' Compensation with statutory limits, under the laws of the State of California and Employer's Liability with limits of not less than $1,000,000.00 each accident, disease/each employee, and diseaae/policy limit. Licensee shall require its insurer to waive all rights of subrogation against Licensor, its officers, agents and employees, except for any liability resulting from the wllHtil or grossly negligent acts of the Licensor. (b) Commercial General Liability Insurance. including contractual liability and products liability, with limits not less than $2,000,000.00 per occurrence and $2,000,000.00 in the aggregate. Such insurance stall: (i) name Licensor, its officers, agents and employees initial (j/(IL Licensor/Licensee _4. R"8 2016-05-11 QS-KB